Leases (Tables)

9 Months Ended

Sep. 30, 2021

Leases [Abstract]

Schedule of Property Revenues

Property revenues consist primarily of lease income from operating leases and earned income on direct financing leases and sales-type leases with franchisees as follows (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Lease income - operating leases
Minimum lease payments	$	113	$	112	$	343	$	333
Variable lease payments	91		82		241		191
Amortization of favorable and unfavorable income lease contracts, net	1		1		3		4
Subtotal - lease income from operating leases	205		195		587		528
Earned income on direct financing and sales-type leases	1		1		4		4
Total property revenues	$	206	$	196	$	591	$	532