Supplemental Balance Sheet Information

Accounts and Notes Receivable, net

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.



	3/21/2015			12/27/2014
Accounts and notes receivable, gross	$	388		$	337
Allowance for doubtful accounts	(15		)	(12		)
Accounts and notes receivable, net	$	373		$	325

Property, Plant and Equipment, net



	3/21/2015			12/27/2014
Property, plant and equipment, gross	$	8,001		$	8,082
Accumulated depreciation and amortization	(3,627		)	(3,584		)
Property, plant and equipment, net	$	4,374		$	4,498

Assets held for sale at March 21, 2015 and December 27, 2014 total $11 million and $14 million, respectively, and are included in Prepaid expenses and other current assets on our Condensed Consolidated Balance Sheets.

Noncontrolling Interests

Noncontrolling interests primarily include the ownership interests of minority shareholders of the entities that operate KFC restaurants in Beijing and Shanghai, China. The redeemable noncontrolling interest comprises the 7% ownership interest in Little Sheep that continues to be held by the Little Sheep founding shareholders, and is classified outside of permanent equity on our Condensed Consolidated Balance Sheets due to redemption rights held by the founding Little Sheep shareholders. A reconciliation of the beginning and ending carrying amount of the equity attributable to noncontrolling interests is as follows:



	Noncontrolling Interests			Reedemable Noncontrolling Interest
Balance at December 27, 2014	$	57		$	9
Net Income (loss) – noncontrolling interests	(1		)	—
Currency translation adjustments	—			(1		)
Balance at March 21, 2015	$	56		$	8