Fair Value Disclosures (Tables)

12 Months Ended

Dec. 29, 2012

Fair Value Disclosures [Abstract]

Fair Value Measurements, Recurring Basis

The following table presents fair values for those assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the measurements fall.  No transfers among the levels within the fair value hierarchy occurred during the years ended December 29, 2012 or December 31, 2011.

	Fair Value
	Level	2012			2011
Foreign Currency Forwards, net	2	$	(5	)	$	2
Interest Rate Swaps, net	2	24			32
Other Investments	1	17			15
Total		$	36		$	49

Fair Value Measurements and Total Losses, Non-Recurring Basis

The following table presents (income) expense recognized from all non-recurring fair value measurements during the year ended December 29, 2012 for assets and liabilities that remained on our Consolidated Balance Sheet as of December 29, 2012 or for all non-recurring fair value measurements during the year ended December 31, 2011 that remained on our Consolidated Balance Sheet as of December 31, 2011. These assets and liabilities include restaurants or groups of restaurants that were impaired either as a result of our semi-annual impairment review or when it was more likely than not a restaurant or restaurant group would be refranchised.

	2012			2011
Pizza Hut UK refranchising impairment (Level 3)(a)	$	—		$	74
Little Sheep acquisition gain (Level 2)(a)	(74		)	—
Other refranchising impairment (Level 3)(b)	4			21
Restaurant-level impairment (Level 3)(b)	16			33
Total	$	(54	)	$	128

(a) See Note 4 for further discussions of Refranchising (gain) loss, including the Pizza Hut UK dine-in refranchising and the acquisition of Little Sheep.

(b) The remaining net book value of these assets measured at fair value during the years ended December 29, 2012 and December 31, 2011 is not significant.