Intangible Assets, net and Goodwill (Tables)

9 Months Ended

Sep. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets, Net and Goodwill

Intangible assets, net and goodwill consist of the following:

	As of
	September 30, 2015							December 31, 2014
	Gross		Accumulated Amortization			Net		Gross		Accumulated Amortization			Net
Identifiable assets subject to amortization:
Franchise agreements	$	661.0	$	(100.7	)	$	560.3	$	696.8	$	(83.1	)	$	613.7
Favorable leases		452.1		(98.1	)		354.0		490.7		(62.8	)		427.9
Subtotal		1,113.1		(198.8	)		914.3		1,187.5		(145.9	)		1,041.6
Indefinite lived intangible assets:
Tim Hortons brand	$	6,380.1	$	—		$	6,380.1	$	7,236.5	$	—		$	7,236.5
Burger King brand		2,114.5		—			2,114.5		2,167.0		—			2,167.0
Subtotal		8,494.6		—			8,494.6		9,403.5		—			9,403.5
Intangible assets, net						$	9,408.9						$	10,445.1
Goodwill	$	4,617.3						$	5,230.1