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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Cash and Cash Equivalents The components of cash and cash equivalents were as follows:
December 31,

20212020
 (In millions)
Money market funds$30.0 $175.0 
IHOP advertising funds and gift card programs101.5 71.6 
Other depository accounts229.9 136.8 
Total cash and cash equivalents$361.4 $383.4 
Restrictions on Cash and Cash Equivalents The components of current restricted cash were as follows:
December 31,

20212020
 (In millions)
Securitized debt reserves$29.9 $27.0 
Applebee's advertising funds17.5 12.8 
Other 0.1 0.1 
Total current restricted cash$47.5 $39.9 
Property and Equipment Depreciable Lives The general ranges of depreciable and amortizable lives are as follows:
CategoryDepreciable Life
Buildings and improvements
25 to 40 years
Leaseholds and improvements
Shorter of primary lease term or between three to 40 years
Equipment and fixtures
Three to five years
Internal-use software
Three to 10 years
Properties under finance leasesPrimary lease term or remaining primary lease term
Fair Value of Financial Instruments
The fair values of non-current financial instruments, determined based on Level 2 inputs, are shown in the following table:
December 31,
 20212020
 (In millions)
Face value of Series 2019-1 Fixed Rate Senior Secured Notes$1,287.0 $1,296.8 
Fair value of Series 2019-1 Fixed Rate Senior Secured Notes$1,312.9 $1,259.5