XML 17 R7.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Issued Common Shares
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Beginning balances (in shares) at Dec. 31, 2021   309,025,068      
Beginning balances at Dec. 31, 2021 $ 3,853 $ 2,156 $ 791 $ (710) $ 1,616
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock option exercises (in shares)   87,177      
Stock option exercises 3 $ 3      
Share-based compensation 24 $ 24      
Issuance of shares (in shares)   906,260      
Issuance of shares 13 $ 13      
Dividends declared (167)   (167)    
Dividend equivalents declared on restricted stock units 0 $ 3 (3)    
Distributions declared by partnership on partnership exchangeable units (78)       (78)
Exchange of partnership exchangeable units for RBI common shares (in shares)   1,525,900      
Exchange of Partnership exchangeable units for RBI common shares 0 $ 21   (3) (18)
Repurchase of RBI common shares (in shares)   (2,860,002)      
Repurchase of RBI common shares (161) $ (161)      
Restaurant VIE contributions (distributions) (1)       (1)
Net income 270   183   87
Other comprehensive income (loss) 205     140 65
Ending balances (in shares) at Mar. 31, 2022   308,684,403      
Ending balances at Mar. 31, 2022 3,961 $ 2,059 804 (573) 1,671
Beginning balances (in shares) at Dec. 31, 2021   309,025,068      
Beginning balances at Dec. 31, 2021 3,853 $ 2,156 791 (710) 1,616
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 1,146        
Other comprehensive income (loss) (1)        
Ending balances (in shares) at Sep. 30, 2022   305,859,367      
Ending balances at Sep. 30, 2022 4,039 $ 1,964 1,062 (713) 1,726
Beginning balances (in shares) at Mar. 31, 2022   308,684,403      
Beginning balances at Mar. 31, 2022 3,961 $ 2,059 804 (573) 1,671
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock option exercises (in shares)   25,277      
Stock option exercises 1 $ 1      
Share-based compensation 29 $ 29      
Issuance of shares (in shares)   124,065      
Issuance of shares 0        
Dividends declared (166)   (166)    
Dividend equivalents declared on restricted stock units 0 $ 3 (3)    
Distributions declared by partnership on partnership exchangeable units (77)       (77)
Exchange of partnership exchangeable units for RBI common shares (in shares)   151,154      
Exchange of Partnership exchangeable units for RBI common shares 0 $ 2     (2)
Repurchase of RBI common shares (in shares)   (3,241,362)      
Repurchase of RBI common shares (165) $ (165)      
Restaurant VIE contributions (distributions) (1)       (1)
Net income 346   236   110
Other comprehensive income (loss) (19)     (13) (6)
Ending balances (in shares) at Jun. 30, 2022   305,743,537      
Ending balances at Jun. 30, 2022 3,909 $ 1,929 871 (586) 1,695
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock option exercises (in shares)   48,422      
Stock option exercises 2 $ 2      
Share-based compensation 29 $ 29      
Issuance of shares (in shares)   49,603      
Issuance of shares 0        
Dividends declared (165)   (165)    
Dividend equivalents declared on restricted stock units 0 $ 4 (4)    
Distributions declared by partnership on partnership exchangeable units (77)       (77)
Exchange of partnership exchangeable units for RBI common shares (in shares)   17,805      
Restaurant VIE contributions (distributions) (2)       (2)
Net income 530   360   170
Other comprehensive income (loss) (187)     (127) (60)
Ending balances (in shares) at Sep. 30, 2022   305,859,367      
Ending balances at Sep. 30, 2022 $ 4,039 $ 1,964 1,062 (713) 1,726
Beginning balances (in shares) at Dec. 31, 2022 307,142,436 307,142,436      
Beginning balances at Dec. 31, 2022 $ 4,268 $ 2,057 1,121 (679) 1,769
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock option exercises (in shares)   124,275      
Stock option exercises 6 $ 6      
Share-based compensation 41 $ 41      
Issuance of shares (in shares)   1,690,762      
Issuance of shares 15 $ 15      
Dividends declared (171)   (171)    
Dividend equivalents declared on restricted stock units 0 $ 5 (5)    
Distributions declared by partnership on partnership exchangeable units (77)       (77)
Exchange of partnership exchangeable units for RBI common shares (in shares)   2,214,072      
Exchange of Partnership exchangeable units for RBI common shares 0 $ 33   (5) (28)
Restaurant VIE contributions (distributions) (1)       (1)
Net income 277   189   88
Other comprehensive income (loss) (47)     (32) (15)
Ending balances (in shares) at Mar. 31, 2023   311,171,545      
Ending balances at Mar. 31, 2023 $ 4,311 $ 2,157 1,134 (716) 1,736
Beginning balances (in shares) at Dec. 31, 2022 307,142,436 307,142,436      
Beginning balances at Dec. 31, 2022 $ 4,268 $ 2,057 1,121 (679) 1,769
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 992        
Other comprehensive income (loss) $ 102        
Ending balances (in shares) at Sep. 30, 2023 317,837,606 317,837,606      
Ending balances at Sep. 30, 2023 $ 4,664 $ 2,267 1,268 (627) 1,756
Beginning balances (in shares) at Mar. 31, 2023   311,171,545      
Beginning balances at Mar. 31, 2023 4,311 $ 2,157 1,134 (716) 1,736
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock option exercises (in shares)   920,438      
Stock option exercises 43 $ 43      
Share-based compensation 42 $ 42      
Issuance of shares (in shares)   87,695      
Issuance of shares 0        
Dividends declared (172)   (172)    
Dividend equivalents declared on restricted stock units 0 $ 5 (5)    
Distributions declared by partnership on partnership exchangeable units (77)       (77)
Exchange of partnership exchangeable units for RBI common shares (in shares)   23,787      
Exchange of Partnership exchangeable units for RBI common shares 0        
Restaurant VIE contributions (distributions) (1)       (1)
Net income 351   241   110
Other comprehensive income (loss) 181     125 56
Ending balances (in shares) at Jun. 30, 2023   312,203,465      
Ending balances at Jun. 30, 2023 4,678 $ 2,247 1,198 (591) 1,824
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock option exercises (in shares)   43,596      
Stock option exercises 3 $ 3      
Share-based compensation 44 $ 44      
Issuance of shares (in shares)   119,571      
Dividends declared (176)   (176)    
Dividend equivalents declared on restricted stock units 0 $ 6 (6)    
Distributions declared by partnership on partnership exchangeable units (74)       (74)
Exchange of partnership exchangeable units for RBI common shares (in shares)   7,161,017      
Exchange of Partnership exchangeable units for RBI common shares 0 $ 109   (13) (96)
Repurchase of RBI common shares (in shares)   (1,690,043)      
Repurchase of RBI common shares (142) $ (142)      
Restaurant VIE contributions (distributions) (1)       (1)
Net income 364   252   112
Other comprehensive income (loss) $ (32)     (23) (9)
Ending balances (in shares) at Sep. 30, 2023 317,837,606 317,837,606      
Ending balances at Sep. 30, 2023 $ 4,664 $ 2,267 $ 1,268 $ (627) $ 1,756