XML 45 R31.htm IDEA: XBRL DOCUMENT v3.19.2
Intangible Assets, net and Goodwill (Tables)
 6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net and Goodwill
Intangible assets, net and goodwill consist of the following (in millions):

 
As of
 
June 30, 2019
 
December 31, 2018
 
Gross
 
Accumulated Amortization
 
Net
 
Gross
 
Accumulated Amortization
 
Net
Identifiable assets subject to amortization:
 
 
 
 
 
 
 
 
 
 
 
   Franchise agreements
$
715

 
$
(209
)
 
$
506

 
$
705

 
$
(194
)
 
$
511

   Favorable leases (a)
134

 
(65
)
 
69

 
407

 
(200
)
 
207

      Subtotal
849

 
(274
)
 
575

 
1,112

 
(394
)
 
718

Indefinite lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
   Tim Hortons brand
$
6,487

 
$
—

 
$
6,487

 
$
6,259

 
$
—

 
$
6,259

   Burger King brand
2,126

 
—

 
2,126

 
2,131

 
—

 
2,131

   Popeyes brand
1,355

 
—

 
1,355

 
1,355

 
—

 
1,355

      Subtotal
9,968

 
—

 
9,968

 
9,745

 
—

 
9,745

Intangible assets, net
 
 
 
 
$
10,543

 
 
 
 
 
$
10,463

 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
 
 
 
 
 
 
 
 
 
   Tim Hortons segment
$
4,178

 
 
 
 
 
$
4,038

 
 
 
 
   Burger King segment
601

 
 
 
 
 
602

 
 
 
 
   Popeyes segment
846

 
 
 
 
 
846

 
 
 
 
      Total
$
5,625

 
 
 
 
 
$
5,486

 
 
 
 

(a)
The decrease in favorable leases reflects the reclassification of favorable leases where we are the lessee to operating lease right-of-use assets in connection with our transition to ASC 842. See Note 4, Leases.