Restaurant brands international inc. (QSR)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Jan'19Dec'18Sep'18Jun'18Mar'18Jan'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Dec'13
ASSETS
Current assets:
Cash and cash equivalents

2,498

1,533

1,732

1,028

902

-

913

1,143

987

852

-

1,097

3,607

3,435

923

1,460

1,274

998

825

757

975

688

1,021

1,803

786

Restricted cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84

-

Accounts and notes receivable, net of allowance of $16 and $14, respectively

414

527

472

476

441

452

452

481

441

467

489

489

421

388

362

403

374

380

366

422

371

360

361

441

179

Inventories, net

85

84

83

81

74

75

75

91

85

74

78

78

91

89

83

71

170

217

229

81

154

196

198

172

60

Advertising fund restricted assets

-

-

-

-

-

-

-

-

-

-

-

-

110

92

85

57

57

44

50

57

58

54

44

53

-

Prepaids and other current assets

62

52

86

69

63

60

60

48

116

87

63

86

108

106

122

103

-

-

-

50

-

-

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81

104

96

86

38

Total current assets

3,059

2,196

2,373

1,654

1,480

1,500

1,500

1,765

1,630

1,482

1,727

1,750

4,339

4,113

1,577

2,097

1,877

1,640

1,473

1,369

1,641

1,404

1,723

2,640

1,065

Property and equipment, net of accumulated depreciation and amortization of $709 and $704, respectively

1,939

2,007

1,981

2,007

2,011

2,022

1,996

2,054

2,033

2,072

2,133

2,133

2,158

2,153

2,140

2,054

2,095

2,140

2,169

2,150

2,212

2,393

2,400

2,436

801

Operating lease assets, net

1,115

1,176

1,147

1,154

1,148

1,143

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible Assets, Net (Excluding Goodwill)

10,085

10,563

10,439

10,543

10,427

10,330

10,463

10,821

10,736

10,904

11,062

11,062

11,121

10,841

10,293

9,228

9,434

9,541

9,539

9,147

9,408

8,898

8,819

10,445

2,796

Goodwill

5,376

5,651

5,579

5,625

5,555

5,486

5,486

5,680

5,619

5,693

5,782

5,782

5,810

5,683

5,787

4,675

4,762

4,815

4,797

4,574

4,617

5,437

5,360

5,235

630

Net investment in property leased to franchisees

49

48

47

47

50

54

54

58

61

66

71

71

76

81

85

91

100

106

111

117

123

130

135

140

163

Derivative assets

-

-

-

-

-

-

-

-

-

-

-

-

0

0

659

717

-

-

-

830

-

-

-

-

-

Other assets, net

1,006

719

683

695

622

642

642

606

531

539

533

426

421

363

279

260

924

877

865

220

1,031

763

936

444

329

Total assets

22,629

22,360

22,249

21,725

21,293

21,177

20,141

20,985

20,614

20,759

21,308

21,224

23,927

23,236

20,822

19,124

19,193

19,121

18,956

18,411

19,034

19,027

19,375

21,343

5,785

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts and drafts payable

484

644

510

486

451

513

513

467

474

416

496

496

365

376

391

369

352

359

361

361

337

250

233

223

31

Accrued advertising

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47

39

35

25

56

Other accrued liabilities

779

790

797

699

689

751

637

678

662

636

875

866

530

492

496

469

506

473

479

441

608

492

465

335

155

Gift card liability

106

168

94

106

112

167

167

95

102

107

172

215

130

139

139

194

124

131

132

168

112

125

125

187

22

Advertising fund liabilities

-

-

-

-

-

-

-

-

-

-

-

-

154

120

137

83

112

87

78

93

53

48

40

45

-

Current portion of long term debt and finance leases

103

101

776

92

94

91

91

79

78

78

78

78

77

76

110

93

94

94

57

56

56

46

39

1,128

81

Total current liabilities

1,472

1,703

2,177

1,383

1,346

1,522

1,408

1,320

1,318

1,239

1,621

1,655

1,257

1,204

1,274

1,210

1,189

1,146

1,109

1,121

1,215

1,002

939

1,945

346

Long-term Debt, Excluding Current Maturities

12,822

11,759

11,568

11,737

11,747

11,758

11,823

11,766

11,776

11,788

11,801

11,801

11,303

11,252

9,531

8,410

8,421

8,425

8,465

8,462

8,471

8,651

8,961

8,826

2,837

Finance leases, net of current portion

283

288

279

284

287

-

226

240

231

236

244

244

238

231

226

218

213

211

213

203

207

161

161

243

75

Operating lease liabilities, net of current portion

1,039

1,089

1,055

1,056

1,046

1,028

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities, net

1,774

1,698

1,598

1,730

1,531

1,415

1,547

1,738

1,664

1,820

1,881

1,455

1,354

1,178

806

784

903

891

918

795

848

633

743

707

317

Deferred income taxes, net

1,487

1,564

1,509

1,575

1,563

1,527

1,519

1,524

1,400

1,432

1,450

1,508

2,200

2,198

2,089

1,715

1,648

1,631

1,613

1,618

1,689

1,736

1,756

1,982

692

Total liabilities

18,877

18,101

18,186

17,765

17,520

17,538

16,523

16,590

16,390

16,517

16,997

16,663

16,354

16,065

13,928

12,339

12,377

12,306

12,320

12,201

12,432

12,186

12,561

13,706

4,269

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

0

0

Redeemable preferred shares; no par value; 68,530,939 shares authorized, issued and outstanding at December 31, 2016

-

-

-

-

-

-

-

-

-

-

-

-

3,297

3,297

3,297

3,297

3,297

3,297

3,297

3,297

3,297

-

-

3,297

-

Shareholders’ equity:
Common shares, no par value; unlimited shares authorized at September 30, 2019 and December 31, 2018; 298,095,767 shares issued and outstanding at September 30, 2019; 251,532,493 shares issued and outstanding at December 31, 2018

2,537

2,478

2,460

1,870

1,812

1,737

1,737

2,155

2,116

2,096

2,052

2,052

2,019

2,003

1,987

1,955

1,935

1,923

1,907

1,824

1,794

1,774

1,766

1,755

3

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,239

Retained earnings

761

775

762

704

692

686

674

626

607

553

519

651

541

497

453

445

367

318

263

245

220

190

201

231

225

Accumulated other comprehensive income (loss)

-1,113

-763

-864

-717

-775

-800

-800

-596

-647

-572

-476

-476

-425

-578

-666

-698

-594

-540

-568

-733

-561

-420

-440

-107

54

Treasury stock, at cost; zero shares at December 31, 2014 and 345,286 shares at December 31, 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

Total Restaurant Brands International Inc. shareholders’ equity

2,185

2,490

2,358

1,857

1,729

1,623

1,611

2,185

2,076

2,078

2,095

2,227

2,135

1,922

1,773

1,702

1,708

1,701

1,602

1,336

1,454

1,544

1,527

1,878

1,516

Noncontrolling interests

1,567

1,769

1,705

2,103

2,044

2,016

2,007

2,209

2,147

2,164

2,216

2,334

2,140

1,951

1,823

1,786

1,810

1,816

1,736

1,576

1,850

1,999

1,989

2,461

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

3,752

4,259

4,063

3,960

3,773

3,639

3,618

4,394

4,224

4,242

4,311

4,561

4,276

3,874

3,597

3,488

3,519

3,518

3,338

2,912

3,304

3,544

3,516

4,339

1,516

Total liabilities and shareholders’ equity

22,629

22,360

22,249

21,725

21,293

21,177

20,141

20,985

20,614

20,759

21,308

21,224

23,927

23,236

20,822

19,124

19,193

19,121

18,956

18,411

19,034

19,027

19,375

21,343

5,785