Reportable Operating Segments (Tables)

6 Months Ended

Jun. 14, 2014

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize Revenues, Operating Profit (loss) and Identifiable Assets for each of our reportable operating segments:

	Quarter ended				Year to date
Revenues	2014		2013		2014		2013
China	$	1,709	$	1,449	$	3,088	$	2,600
KFC Division	754		703		1,418		1,362
Pizza Hut Division	265		267		532		534
Taco Bell Division	439		452		830		890
India	37		33		60		53
	$	3,204	$	2,904	$	5,928	$	5,439

	Quarter ended						Year to date
Operating Profit (loss)	2014			2013			2014			2013
China(a)	$	194		$	68		$	479		$	222
KFC Division	155			145			318			310
Pizza Hut Division	63			80			147			179
Taco Bell Division	109			111			193			211
India	(1		)	(4		)	(4		)	(6		)
Corporate and Other unallocated(b)	(41		)	(10		)	(83		)	(39		)
Operating Profit	$	479		$	390		$	1,050		$	877
Interest expense, net	(29		)	(32		)	(62		)	(63		)
Income Before Income Taxes	$	450		$	358		$	988		$	814

	6/14/2014		12/28/2013
Identifiable Assets
China(c)	$	3,861	$	3,720
KFC Division	2,488		2,432
Pizza Hut Division	715		723
Taco Bell Division	1,012		1,017
India	108		99
Corporate and unallocated(d)	626		704
	$	8,810	$	8,695

(a) Includes equity income from investments in unconsolidated affiliates. See Note 4.

(b) Primarily Corporate G&A and refranchising gains and (losses).

(c) Includes investments in 4 unconsolidated affiliates totaling $49 million and $53 million as of June 14, 2014 and December 28, 2013, respectively.

(d) Primarily includes cash, deferred tax assets and property, plant and equipment, net, related to our office facilities.