For the quarter ending 2026-03-31, RSTRF had -$142M decrease in cash & cash equivalents over the period. $169M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income from continuing operations | 445 | 274 | 440 | 487 |
| Depreciation and amortization | 78 | 76 | 77 | 148 |
| Non-cash loss on early extinguishment of debt | - | -2 | 0 | 0 |
| Amortization of deferred financing costs and debt issuance discount | 6 | 6 | 6 | 13 |
| (income) loss from equity method investments | 2 | -1 | 2 | 10 |
| (gain) loss on remeasurement of foreign denominated transactions | 30 | -1 | -1 | -207 |
| Net (gains) losses on derivatives | 41 | 47 | 49 | 102 |
| Share-based compensation and non-cash incentive compensation expense | 35 | 38 | 32 | 81 |
| Deferred income taxes | -49 | 116 | -27 | 8 |
| Other non-cash adjustments, net | 11 | -5 | -13 | -31 |
| Accounts and notes receivable | -30 | 23 | -6 | 72 |
| Inventories and prepaids and other current assets | 5 | -9 | 46 | 30 |
| Accounts and drafts payable | -42 | 31 | 64 | -6 |
| Other accrued liabilities and gift card liability | -176 | 55 | 93 | -155 |
| Tenant inducements paid to franchisees | 8 | 18 | 12 | 14 |
| Changes in other long-term assets and liabilities | 3 | -29 | 4 | 19 |
| Net cash provided by operating activities from continuing operations | 227 | 555 | 592 | 567 |
| Payments for additions of property and equipment | 58 | 102 | 61 | 102 |
| Net proceeds from disposal of assets, restaurant closures, and refranchisings | 21 | 12 | 14 | 12 |
| Net payments for acquisition of franchised restaurants, net of cash acquired | 0 | 0 | 0 | 152 |
| Settlement/sale of derivatives, net | 16 | 18 | 18 | 40 |
| Other investing activities, net | 12 | 33 | -18 | 0 |
| Net cash used for investing activities from continuing operations | -33 | -105 | -11 | -202 |
| Distributions from subsidiaries | - | - | - | 0 |
| Proceeds from long-term debt | - | 0 | 0 | 0 |
| Repayments of long-term debt and finance leases | 28 | 229 | 132 | 66 |
| Payment of financing costs | - | 0 | 0 | 0 |
| Distributions on class a common units and partnership exchangeable units | 283 | 282 | 282 | 544 |
| Distribution to rbi for repurchase of rbi common shares | 32 | 0 | - | - |
| Capital contribution from rbi | 28 | 13 | 0 | 20 |
| Proceeds from derivatives | 10 | 15 | 18 | 34 |
| Other financing activities, net | -1 | -1 | -1 | 1 |
| Net cash used for financing activities from continuing operations | -306 | -484 | -397 | -555 |
| Net cash used for discontinued operations | -27 | -29 | 33 | -85 |
| Effect of exchange rates on cash and cash equivalents | -3 | 1 | -4 | 19 |
| (decrease) increase in cash and cash equivalents, including cash classified as assets held for sale - discontinued operations | -142 | -62 | 213 | -256 |
| Cash and cash equivalents at beginning of period | 1,163 | - | - | - |
| Cash and cash equivalents at end of period | 1,012 | - | - | - |
Restaurant Brands International Limited Partnership (RSTRF)
Restaurant Brands International Limited Partnership (RSTRF)