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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 3,607.1 $ 1,460.4
Accounts and notes receivable, net of allowance of $18.2 and $14.3, respectively 421.9 403.5
Inventories, net 91.9 71.8
Advertising fund restricted assets 110.8 57.7
Prepaids and other current assets 108.1 103.6
Total current assets 4,339.8 2,097.0
Property and equipment, net of accumulated depreciation and amortization of $585.1 and $474.5, respectively 2,158.2 2,054.7
Intangible assets, net 11,121.8 9,228.0
Goodwill 5,810.3 4,675.1
Net investment in property leased to franchisees 76.1 91.9
Derivative assets 0.0 717.9
Other assets, net 421.3 260.3
Total assets 23,927.5 19,124.9
Current liabilities:    
Accounts and drafts payable 365.2 369.8
Other accrued liabilities 530.6 469.3
Gift card liability 130.3 194.4
Advertising fund liabilities 154.1 83.3
Current portion of long term debt and capital leases 77.5 93.9
Total current liabilities 1,257.7 1,210.7
Term debt, net of current portion 11,303.6 8,410.2
Capital leases, net of current portion 238.7 218.4
Other liabilities, net 1,354.0 784.9
Deferred income taxes, net 2,200.3 1,715.1
Total liabilities 16,354.3 12,339.3
Redeemable preferred shares; no par value; 68,530,939 shares authorized, issued and outstanding at September 30, 2017 and December 31, 2016 3,297.0 3,297.0
Shareholders’ equity:    
Common shares, no par value; unlimited shares authorized at September 30, 2017 and December 31, 2016; 237,278,477 shares issued and outstanding at September 30, 2017; 234,236,678 shares issued and outstanding at December 31, 2016 2,019.6 1,955.1
Retained earnings 541.1 445.7
Accumulated other comprehensive income (loss) (425.1) (698.3)
Total Restaurant Brands International Inc. shareholders’ equity 2,135.6 1,702.5
Noncontrolling interests 2,140.6 1,786.1
Total shareholders’ equity 4,276.2 3,488.6
Total liabilities, redeemable preferred shares and shareholders’ equity $ 23,927.5 $ 19,124.9