XML 44 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements (Tables)
9 Months Ended
Sep. 07, 2013
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring
The following table presents the 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 year to date ended September 7, 2013.

 
Fair Value
 
Level
 
9/7/2013
 
12/29/2012
Foreign Currency Forwards, net
2
 
$
(7
)
 
$
(5
)
Interest Rate Swaps, net
2
 
19


24

Other Investments
1
 
19

 
17

Total
 
 
$
31

 
$
36

Fair Value Measurements, Nonrecurring
(Gains) losses recognized from all non-recurring fair value measurements during the quarters and years to date ended September 7, 2013 and September 8, 2012:
 
 
Quarter ended
 
 
 
September 7, 2013
 
September 8, 2012
 
Refranchising related impairment - other (Level 3)(b)
 
$

 
$
4

 
Little Sheep impairment (Level 3)(a)
 
295

 

 
Total
 
$
295

 
$
4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year to date
 
 
 
September 7, 2013
 
September 8, 2012
 
Restaurant-level impairment (Level 3)(c)
 
$
5

 
$
6

 
Refranchising related impairment - Pizza Hut UK (Level 2)(a)(b)
 

 
20

 
Refranchising related impairment - other (Level 3)(b)
 

 
4

 
Little Sheep impairment (Level 3)(a)
 
295

 

 
Little Sheep acquisition gain (Level 2)(a)
 

 
(74
)
 
Total
 
$
300

 
$
(44
)
 
 
 
 
 
 
 
(a)
See the Little Sheep Acquisition and Impairment section as well as the Refranchising (Gain) Loss section of Note 4 for further discussion.