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Supplemental Balance Sheet Information
3 Months Ended
Mar. 24, 2012
Supplemental Balance Sheet Information Disclosure [Abstract]  
Supplemental Balance Sheet Information
Supplemental Balance Sheet Information

Receivables

The Company’s receivables are primarily generated as a result of ongoing business relationships with our franchisees and licensees as a result of royalty and lease agreements.  Trade receivables consisting of royalties from franchisees and licensees are generally due within 30 days of the period in which the corresponding sales occur and are classified as Accounts and notes receivable on our Condensed Consolidated Balance Sheets.  
 
3/24/2012
 
12/31/2011
Accounts and notes receivable
$
364

 
$
308

Allowance for doubtful accounts
(23
)
 
(22
)
Accounts and notes receivable, net
$
341

 
$
286


Property, Plant and Equipment

 
3/24/2012
 
12/31/2011
Property, plant and equipment, gross
$
7,274

 
$
7,267

Accumulated depreciation and amortization
(3,233
)
 
(3,225
)
Property, plant and equipment, net
$
4,041

 
$
4,042



Assets held for sale at March 24, 2012 and December 31, 2011 total $20 million and $24 million, respectively, and are included in Prepaid expenses and other current assets in our Condensed Consolidated Balance Sheets.

Noncontrolling Interests

A reconciliation of the beginning and ending carrying amount of the equity attributable to noncontrolling interests is as follows:

Noncontrolling interests as of December 31, 2011
$
93

Net Income – noncontrolling interests
3

Foreign currency translation adjustment

Dividends declared
(20
)
Noncontrolling interest - Little Sheep acquisition
61

Noncontrolling interests as of March 24, 2012
$
137