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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2016
Stockholders' Equity Note [Abstract]  
Repurchase Of Shares Of Common Stock
 
 
Shares Repurchased
(thousands)
 
 
Dollar Value of Shares
Repurchased
 
Authorization Date
 
2016

 
 
2015

 
 
2014

 
 
2016

 
 
2015

 
 
2014

 
November 2016
 
1,337

 
 

 
 

 
 
$
85

 
 
$

 
 
$

 
May 2016
 
50,435

 
 

 
 

 
 
4,200

 
 

 
 

 
March 2016
 
2,823

 
 

 
 

 
 
229

 
 

 
 

 
December 2015
 
13,368

 
 
932

 
 

 
 
933

 
 
67

 
 

 
November 2014
 

 
 
13,231

 
 

 
 

 
 
1,000

 
 

 
November 2013
 

 
 
1,779

 
 
8,488

 
 

 
 
133

 
 
617

 
November 2012
 

 
 

 
 
2,737

 
 

 
 

 
 
203

 
Total
 
67,963

(a) 
 
15,942

 
 
11,225

 
 
$
5,447

(a) 
 
$
1,200

 
 
$
820

 

(a)
Includes the effect of $45 million in share repurchases (0.7 million shares) with trade dates prior to December 31, 2016 but settlement dates subsequent to December 31, 2016.
Schedule of changes in accumulated other comprehensive income Changes in accumulated other comprehensive income (loss) ("OCI") are presented below.
 
 
Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature(a)
 
Pension and Post-Retirement Benefits(b)
 
Derivative Instruments(c)
 
Total
Balance at December 27, 2014, net of tax
$
29

 
$
(210
)
 
$
(9
)
 
$
(190
)
 
 
 
 
 
 
 
 
 
Gains (losses) arising during the year classified into accumulated OCI, net of tax
 
(250
)
 
63

 
28

 
(159
)
 
 
 
 
 
 
 
 
 
(Gains) losses reclassified from accumulated OCI, net of tax
 
112

 
34

 
(36
)
 
110

 
 
 
 
 
 
 
 
 
OCI, net of tax
 
(138
)
 
97

 
(8
)
 
(49
)
 
 
 
 
 
 
 
 
 
Balance at December 26, 2015, net of tax
$
(109
)
 
$
(113
)
 
$
(17
)
 
$
(239
)
 
 
 
 
 
 
 
 
 
Gains (losses) arising during the year classified into accumulated OCI, net of tax
 
(146
)
 
(42
)
 
29

 
(159
)
 
 
 
 
 
 
 
 
 
(Gains) losses reclassified from accumulated OCI, net of tax
 
(11
)
 
28

 
(5
)
 
12

 
 
 
 
 
 
 
 
 
OCI, net of tax
 
(157
)
 
(14
)
 
24

 
(147
)
 
 
 
 
 
 
 
 
 
Separation of China business
 
(47
)
 

 

 
(47
)
 
 
 
 
 
 
 
 
 
Balance at December 31,2016, net of tax
$
(313
)
 
$
(127
)
 
$
7

 
$
(433
)
 
 
 
 
 
 
 
 
 

(a)
Amounts reclassified from accumulated OCI during 2016 and 2015 are due to substantial liquidations of foreign entities related to Pizza Hut Australia and Mexico refranchising transactions, respectively.

(b)
Amounts reclassified from accumulated OCI for pension and post-retirement benefit plan losses during 2016 include amortization of net losses of $7 million, settlement charges of $32 million, amortization of prior service cost of $5 million and related income tax benefit of $16 million. Amounts reclassified from accumulated OCI for pension and post-retirement benefit plan losses during 2015 include amortization of net losses of $46 million, settlement charges of $5 million, amortization of prior service cost of $2 million and related income tax benefit of $19 million. See Note 15.