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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill during the nine months ended September 30, 2025 were as follows:
Franchise SegmentCompany Restaurants SegmentTotal
(In millions)
Balance at December 31, 2024
$247.0 $1.6 $248.6 
Business acquisition1.61.6
Purchase price adjustment(0.9)(0.9)
Adjustments resulting from the subsequent recognition of deferred tax assets0.30.3
Balance at September 30, 2025
$247.0 $2.6 $249.6 
Gross and net carrying amounts of goodwill at September 30, 2025 and December 31, 2024 are as follows:
September 30, 2025December 31, 2024
GrossAccumulated Impairment LossNetGrossAccumulated Impairment LossNet
(In millions)
Franchise Segment$704.6 $(457.6)$247.0 $704.6 $(457.6)$247.0 
Company Restaurants Segment2.62.61.61.6
Total$707.2$(457.6)$249.6$706.2$(457.6)$248.6
Other Intangible Assets Roll Forward Changes in the carrying amounts during the nine months ended September 30, 2025 are as follows:
TradenamesFranchising RightsFavorable LeaseholdsOtherTotal
(In millions)
Balance at December 31, 2024
$525.2 $42.3 $2.8 $5.4 $575.7 
Impairment— — (2.8)— (2.8)
Amortization expense— (8.1)— (0.2)(8.3)
Additions— — — 1.6 1.6 
Disposition— — — — — 
Balance at September 30, 2025
$525.2 $34.3 $— $6.8 $566.2 
Schedule of Finite-Lived Intangible Assets
Gross and net carrying amounts of intangible assets subject to amortization at September 30, 2025 and December 31, 2024 are as follows:
September 30, 2025December 31, 2024
GrossAccumulated AmortizationNetWeighted Average Remaining PeriodGrossAccumulated AmortizationNetWeighted Average Remaining Period
(In millions, except weighted average remaining period in years)
Franchising rights$214.8 $(180.5)$34.3 7.8$214.8 $(172.5)$42.3 7.6
Favorable leaseholds0.03.4(0.6)2.810.1
Other1.9(0.3)1.68.10.5(0.1)0.413.0
Total$216.7 $(180.8)$35.8 7.8$218.7 $(173.2)$45.5 7.8