7Baggers

QSR Stock Cash Flow Statements

The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
     Operating Cash Flow  
     Investing Cash Flow  
     Financing Cash Flow  
     Net Income  
    Quarterly
     | 
    Annual
     
    20190331 20190630 20190930 20191231 20200331 20200630 20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 -1,034-764.14-494.29-224.4345.43315.29585.14855Milllion
    Quarterly Cash Flow Statements
    Quarterly
     | 
    Annual
     
      Unit: USD2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 
                                            
        cash flows from operating activities:                                    
        net income726,000,000 364,000,000 351,000,000 277,000,000 336,000,000 530,000,000 346,000,000 270,000,000 262,000,000 329,000,000 391,000,000 271,000,000 139,000,000 223,000,000 164,000,000 224,000,000 257,000,000 351,000,000 257,000,000 246,000,000 301,200,000 249,800,000 314,200,000 278,800,000 578,400,000 246,800,000 243,500,000 166,600,000 301,400,000 238,600,000 247,600,000 168,300,000 184,500,000 183,400,000 92,900,000 50,900,000 
        adjustments to reconcile net income to net cash from operating activities:                                    
        depreciation and amortization49,000,000 47,000,000 49,000,000 46,000,000 47,000,000 46,000,000 48,000,000 49,000,000 51,000,000 50,000,000 51,000,000 49,000,000 50,000,000 48,000,000 46,000,000 45,000,000 46,000,000 47,000,000 45,000,000 47,000,000 42,500,000 44,900,000 45,600,000 47,000,000 46,200,000 46,200,000 45,300,000 43,400,000 43,100,000 43,300,000 43,600,000 42,100,000 44,200,000 35,700,000 51,200,000 50,900,000 
        premiums paid and non-cash loss on early extinguishment of debt        0                43,200,000            
        amortization of deferred financing costs and debt issuance discount6,000,000 7,000,000 7,000,000 7,000,000 7,000,000 7,000,000 7,000,000 7,000,000 7,000,000 7,000,000 6,000,000 7,000,000 7,000,000 7,000,000 6,000,000 6,000,000 7,000,000 7,000,000 8,000,000 7,000,000 7,100,000 7,400,000 7,300,000 7,200,000 7,500,000 8,500,000 8,200,000 8,500,000 9,800,000 9,800,000 9,600,000 9,700,000 9,900,000 9,700,000 8,300,000 7,000,000 
        (income) income from equity method investments-27,000,000 1,000,000 11,000,000 7,000,000 14,000,000 8,000,000 9,000,000 13,000,000 -8,000,000 7,000,000 3,000,000 2,000,000 3,000,000 18,000,000 16,000,000 2,000,000 0   -2,000,000 -5,100,000 -3,800,000 1,200,000 -14,300,000 -3,500,000 -4,100,000 900,000 -5,700,000 -3,600,000 -2,600,000 4,500,000 -18,500,000 -1,600,000 3,200,000 5,300,000 -2,800,000 
        net (gains) losses on derivatives-40,000,000 -39,000,000 -38,000,000 -34,000,000 -26,000,000 -10,000,000 9,000,000 18,000,000 22,000,000 23,000,000 22,000,000 20,000,000 18,000,000 15,000,000 5,000,000 -6,000,000 -6,000,000 -9,000,000 -14,000,000 -20,000,000 -15,600,000 -9,600,000               
        share-based compensation and non-cash incentive compensation expense53,000,000 49,000,000 47,000,000 45,000,000 43,000,000 34,000,000 32,000,000 27,000,000                             
        deferred income taxes-383,000,000 -7,000,000 -12,000,000 -28,000,000 -31,000,000   -16,000,000 -40,000,000 11,000,000 10,000,000 14,000,000 -88,000,000 11,000,000 -100,000,000 -31,000,000 74,000,000 -39,000,000 -15,000,000 38,000,000 22,900,000 64,200,000 -39,100,000 -19,000,000 -739,300,000 -25,500,000 7,100,000 15,300,000 45,500,000 24,100,000   82,500,000 -22,300,000 -54,500,000 -38,000,000 
        other7,000,000 25,000,000 -7,000,000 1,000,000 11,000,000 6,000,000 -7,000,000 9,000,000 -2,000,000 -2,000,000 -4,000,000 -8,000,000 5,000,000 3,000,000 24,000,000 -4,000,000 5,000,000 4,000,000 -6,000,000 3,000,000 -6,100,000 6,800,000 600,000 3,700,000 5,200,000 3,000,000 6,200,000 3,600,000         
        changes in current assets and liabilities, excluding acquisitions and dispositions:                                    
        accounts and notes receivable-61,000,000 -57,000,000 -21,000,000 -8,000,000 -17,000,000 -97,000,000 50,000,000 -46,000,000 -3,000,000 -6,000,000 -7,000,000 24,000,000 53,000,000 -47,000,000 -130,000,000 94,000,000 -46,000,000 9,000,000 -30,000,000 14,000,000 19,300,000 -36,500,000 20,800,000 15,400,000 -30,700,000 -27,100,000 -20,400,000 47,800,000         
        inventories and prepaids and other current assets6,000,000 -4,000,000 -25,000,000 -20,000,000 6,000,000 -40,000,000 -5,000,000 -22,000,000 15,000,000 2,000,000 -1,000,000 -4,000,000 11,000,000 7,000,000 -15,000,000 -13,000,000 19,000,000 -24,000,000 3,000,000 -13,000,000 9,300,000 -700,000 -8,600,000 -7,000,000 15,400,000 -1,400,000 -2,700,000 -8,400,000         
        accounts and drafts payable84,000,000 -31,000,000 50,000,000 -81,000,000 56,000,000 14,000,000 81,000,000 18,000,000 20,000,000 26,000,000 84,000,000 19,000,000 -73,000,000 48,000,000 -22,000,000 -136,000,000 127,000,000 25,000,000 29,000,000 -69,000,000 65,000,000 -12,600,000 61,400,000 -72,800,000 50,300,000 -20,900,000 -24,100,000 14,600,000 15,700,000 4,400,000 13,400,000 -6,000,000 52,400,000 99,500,000 14,900,000 24,400,000 
        other accrued liabilities and gift card liability71,000,000 73,000,000 -12,000,000 -123,000,000 111,000,000 125,000,000 -108,000,000 -91,000,000 145,000,000 45,000,000 -10,000,000 -113,000,000 28,000,000 1,000,000 54,000,000 -67,000,000 34,000,000 81,000,000 -40,000,000 -126,000,000 64,600,000 63,800,000 27,300,000 -374,700,000 521,500,000 2,800,000 -81,600,000 -82,600,000         
        tenant inducements paid to franchisees-17,000,000 -6,000,000 -3,000,000 -6,000,000 -13,000,000 -7,000,000 -4,000,000 -2,000,000 -15,000,000 -4,000,000   -15,000,000 -2,000,000 -2,000,000 -3,000,000 -41,000,000 -5,000,000                   
        other long-term assets and liabilities-102,000,000   4,000,000 -199,000,000 -159,000,000 -8,000,000 21,000,000 -5,000,000 12,000,000 -91,000,000 6,000,000 13,000,000 20,000,000 -24,000,000 14,000,000 41,000,000 14,000,000 61,000,000 22,000,000 43,800,000 2,400,000 3,700,000 -6,900,000 60,300,000 -7,200,000 -7,600,000 -5,300,000 -19,800,000 3,900,000 11,600,000 -1,400,000 5,700,000 -9,000,000 -1,000,000 -24,500,000 
        net cash from operating activities403,000,000 433,000,000 392,000,000 95,000,000 423,000,000 398,000,000 435,000,000 234,000,000 471,000,000 510,000,000 479,000,000 266,000,000 313,000,000 412,000,000 60,000,000 136,000,000 565,000,000 436,000,000 321,000,000 154,000,000 491,900,000 385,700,000 398,400,000 -111,000,000 568,500,000 332,500,000 205,400,000 275,600,000 350,000,000 413,700,000 322,000,000 183,300,000 254,400,000 442,200,000 246,500,000 261,700,000 
        cash flows from investing activities:                                    
        payments for property and equipment-47,000,000 -25,000,000 -30,000,000 -18,000,000 -48,000,000 -24,000,000 -18,000,000 -10,000,000 -36,000,000 -24,000,000 -31,000,000 -15,000,000 -46,000,000 -32,000,000 -20,000,000 -19,000,000 -30,000,000 -18,000,000 -9,000,000 -5,000,000 -32,700,000 -31,700,000 -14,600,000 -7,000,000 -19,800,000 -5,200,000 -7,600,000 -4,100,000 -15,500,000 -5,400,000 -7,200,000 -5,600,000 -32,400,000 -25,900,000 -27,600,000 -29,400,000 
        net proceeds from disposal of assets, restaurant closures and refranchisings                                    
        net payment for purchase of firehouse subs, net of cash acquired                                    
        settlement/sale of derivatives72,000,000 12,000,000 14,000,000 14,000,000 49,000,000 13,000,000 6,000,000 3,000,000 3,000,000 1,000,000 -1,000,000 2,000,000 4,000,000 7,000,000 10,000,000 12,000,000 7,000,000 2,000,000 4,000,000 11,000,000 5,800,000 0 8,200,000 3,000,000 500,000 -200,000 766,800,000 5,200,000         
        other investing activities-17,000,000 0   0 -10,000,000 -29,000,000 4,000,000 1,000,000 -10,000,000 0 -5,000,000        1,000,000 700,000 100,000 100,000 100,000 2,800,000 -2,600,000 1,100,000 -800,000 1,000,000 200,000 -400,000 2,200,000 1,600,000 -200,000 800,000 1,500,000 
        net cash from investing activities22,000,000 -3,000,000   2,000,000 -20,000,000 -47,000,000 1,000,000 -1,034,000,000 -33,000,000 -29,000,000 -7,000,000 -46,000,000 -21,000,000 -9,000,000 -3,000,000 -37,000,000 -16,000,000 12,000,000 11,000,000 -16,300,000 -29,200,000 -400,000 1,900,000 -5,900,000 6,000,000 766,800,000 -1,624,700,000 7,600,000 7,500,000 5,000,000 6,800,000 -21,500,000 -15,500,000 -57,200,000 32,700,000 
        cash flows from financing activities:                                    
        proceeds from long-term debt0 53,000,000    0 1,000,000 1,000,000                             
        repayments of long-term debt and finance leases-13,000,000 -11,000,000 -36,000,000 -32,000,000  -24,000,000 -26,000,000 -21,000,000        -25,000,000 -1,976,000,000 -242,000,000 -25,000,000 -23,000,000                 
        payment of financing costs-1,000,000        -12,000,000    -33,000,000 0   -37,000,000        -5,900,000 -10,000,000 -15,200,000 -31,800,000     0 0   
        payment of dividends on common shares and distributions on partnership exchangeable units-249,000,000 -249,000,000 -249,000,000 -243,000,000 -243,000,000 -243,000,000 -244,000,000 -241,000,000 -244,000,000 -246,000,000 -245,000,000 -239,000,000 -243,000,000 0 -484,000,000 -232,000,000  -232,000,000 -230,000,000 -207,000,000                 
        repurchase of common shares-385,000,000    0 0 -165,000,000 -161,000,000 -369,000,000                            
        proceeds from stock option exercises8,000,000 3,000,000 43,000,000 6,000,000 14,000,000 3,000,000 1,000,000 3,000,000 0 4,000,000 36,000,000 20,000,000 22,000,000 19,000,000 11,000,000 30,000,000 3,000,000 19,000,000 38,000,000 42,000,000 8,100,000 23,900,000 3,800,000 25,200,000 11,200,000 5,200,000 4,300,000 8,000,000  1,800,000 4,200,000 6,500,000  0 1,200,000 400,000 
        proceeds from issuance of common shares                                    
        proceeds (payments) from derivatives                                    
        other financing activities-1,000,000 -1,000,000   0 -1,000,000 -1,000,000 -1,000,000 -1,000,000 -1,000,000 -3,000,000 1,000,000 -1,000,000 1,000,000 -1,000,000 -1,000,000   4,000,000 6,000,000 3,700,000 3,100,000 -1,200,000 -600,000 -3,900,000 -3,900,000 -1,200,000 -1,100,000 -6,200,000 -300,000 -2,000,000 3,100,000 -1,700,000 -3,200,000 -2,100,000 1,400,000 
        net cash from financing activities-600,000,000 -326,000,000 -208,000,000 -240,000,000 -196,000,000 -251,000,000 -434,000,000 -426,000,000 -123,000,000 -454,000,000 -255,000,000 -261,000,000 -639,000,000 -21,000,000 -1,016,000,000 855,000,000 -736,000,000 289,000,000 -213,000,000 -182,000,000 -696,100,000 -205,700,000 -255,600,000 -127,600,000 -3,097,600,000 -176,300,000 1,529,400,000 809,300,000 -154,600,000 -153,300,000 -147,100,000 -135,900,000 -434,300,000 -135,700,000 -528,500,000 -1,016,700,000 
        effect of exchange rates on cash and cash equivalents4,000,000 -7,000,000   3,000,000 -19,000,000 -11,000,000 -1,000,000 0 -12,000,000 4,000,000 5,000,000 13,000,000 9,000,000 7,000,000 -23,000,000 9,000,000 -5,000,000 6,000,000 6,000,000 -9,600,000 5,200,000 -7,300,000 -8,300,000 1,300,000 9,400,000 10,000,000 3,300,000 -17,000,000 8,400,000 -7,700,000 13,900,000 -16,300,000 -4,400,000 6,200,000 -59,000,000 
        increase in cash and cash equivalents-171,000,000 97,000,000 180,000,000 -145,000,000 232,000,000 108,000,000 -57,000,000 -192,000,000 -686,000,000 11,000,000 199,000,000 3,000,000 -359,000,000 379,000,000 -958,000,000 965,000,000 -199,000,000 704,000,000 126,000,000 -11,000,000 -230,100,000 156,000,000 135,100,000 -245,000,000 -2,533,700,000 171,600,000 2,511,600,000 -536,500,000 186,000,000 276,300,000 172,200,000 68,100,000 -217,700,000 286,600,000 -333,000,000 -781,300,000 
        cash and cash equivalents at beginning of period0 0 0 1,178,000,000 0 0 0 1,087,000,000 0 0 0 1,560,000,000 0 0 0 1,533,000,000 0 0 0 913,000,000 -400,000 0 0 1,097,400,000 0 0 0 1,460,400,000 0 0 0 757,800,000 0 0 0 1,803,200,000 
        cash and cash equivalents at end of period-171,000,000 97,000,000 180,000,000 1,033,000,000 232,000,000 108,000,000 -57,000,000 895,000,000 -686,000,000 11,000,000 199,000,000 1,563,000,000 -359,000,000 379,000,000 -958,000,000 2,498,000,000 -199,000,000 704,000,000 126,000,000 902,000,000 -230,500,000 156,000,000 135,100,000 852,400,000 -2,533,700,000 171,600,000 2,511,600,000 923,900,000 186,000,000 276,300,000 172,200,000 825,900,000 -217,700,000 286,600,000 -333,000,000 1,021,900,000 
        supplemental cash flow disclosures:                                    
        interest paid217,000,000 164,000,000 217,000,000 163,000,000 169,000,000 109,000,000 134,000,000 75,000,000 123,000,000 83,000,000 126,000,000 72,000,000 148,000,000 81,000,000 130,000,000 104,000,000 151,000,000 141,000,000 152,000,000 140,000,000 150,500,000 136,900,000 144,700,000 128,900,000 107,000,000 134,600,000 125,500,000 80,100,000 121,200,000 86,200,000 117,300,000 82,400,000 122,500,000 61,000,000 136,300,000 88,500,000 
        income taxes paid106,000,000 38,000,000 85,000,000 61,000,000 98,000,000 57,000,000 78,000,000 42,000,000 67,000,000 47,000,000 46,000,000 96,000,000 104,000,000 103,000,000 12,000,000 48,000,000 77,000,000 44,000,000 82,000,000 45,000,000 59,200,000 -200,000 70,000,000 304,000,000 10,900,000 72,400,000 92,800,000 24,100,000 66,000,000 16,700,000 29,000,000 47,600,000 116,500,000 12,200,000 36,700,000 42,900,000 
        non-cash loss on early extinguishment of debt                                    
        (gain) loss on remeasurement of foreign denominated transactions -18,000,000 -1,000,000 8,000,000  -30,000,000 -31,000,000 -21,000,000  -23,000,000 8,000,000 -43,000,000  44,000,000 18,000,000 -8,000,000  -35,000,000                   
        net proceeds from disposal of assets, restaurant closures, and refranchisings 10,000,000 9,000,000 4,000,000  1,000,000 6,000,000 4,000,000  0 3,000,000 11,000,000  4,000,000 1,000,000 4,000,000  0 18,000,000 4,000,000                 
        net payments in connection with purchase of firehouse subs     0                               
        (payments) proceeds from derivatives 37,000,000 34,000,000 29,000,000 26,000,000 14,000,000 0 -6,000,000 -6,000,000 -13,000,000 -16,000,000 -16,000,000 -17,000,000 -15,000,000 -12,000,000 -2,000,000                     
        proceeds from revolving line of credit and long-term debt        533,000,000     0 500,000,000 1,085,000,000                     
        repayments of revolving line of credit, long-term debt and finance leases        -24,000,000 -811,000,000 -27,000,000 -27,000,000  -26,000,000                       
        repurchase of partnership exchangeable units                                    
        share-based compensation expense         22,000,000 18,000,000 22,000,000 19,000,000 16,000,000 20,000,000 19,000,000 12,000,000 17,000,000 17,000,000 22,000,000 8,700,000 12,700,000 13,300,000 13,300,000 10,300,000 10,800,000 10,700,000 16,500,000 9,200,000 9,800,000 9,700,000 6,400,000 13,900,000 14,400,000 7,000,000 15,500,000 
        payments in connection with redemption of preferred shares                    100,000 0 -26,500,000 -33,600,000             
        payment of dividends on common and preferred shares and distributions on partnership exchangeable units                    -210,900,000 -210,100,000 -210,100,000 -96,900,000 -211,600,000 -155,300,000 -150,700,000 -145,900,000         
        proceeds from disposal of assets, restaurant closures and refranchisings                                    
        excess tax benefits from share-based compensation                                    
        supplemental cashflow disclosures:                                    
        restricted cash and cash equivalents                                    
        redemption of preferred shares                                    
        non-cash investing and financing activities:                                    
        loss on early extinguishment of debt                                    
        proceeds (payments) from disposal of assets, restaurant closures and refranchisings                                    
        net payment for purchase of tim hortons, net of cash acquired                                    
        proceeds from issuance of preferred shares                                    
        proceeds from stock option/warrant exercises                                    
        dividends paid on common shares and preferred shares                             -136,700,000 -131,900,000 -128,300,000 -123,600,000 -114,300,000   
        proceeds from issuance of shares                                0 0 0 2,100,000 
        net payments for acquired and disposed franchisee operations, net of cash acquired                                    
        proceeds from term debt                                    
        repayments of term debt, senior notes, discount notes and capital leases                                    
        repurchases of common stock                                    
        investments in unconsolidated affiliates                                    
        amortization of inventory step-up                                    
        (payments) proceeds from refranchisings, disposition of assets and restaurant closures                                    
        net investment in direct financing leases