Supplemental Balance Sheet Information

3 Months Ended

Mar. 31, 2017

Supplemental Balance Sheet Information Disclosure [Abstract]

Accounts and Notes Receivable, net

The Company’s receivables are primarily generated as a result of ongoing business relationships with our franchisees as a result of franchise and lease agreements. Trade receivables consisting of royalties from franchisees 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.



	3/31/2017			12/31/2016
Accounts and notes receivable, gross	$	374		$	384
Allowance for doubtful accounts	(19		)	(14		)
Accounts and notes receivable, net	$	355		$	370

Property, Plant and Equipment, net



	3/31/2017			12/31/2016
Property, plant and equipment, gross	$	4,092		$	4,108
Accumulated depreciation and amortization	(2,008		)	(1,995		)
Property, plant and equipment, net	$	2,084		$	2,113

Assets held for sale at March 31, 2017 and December 31, 2016 total $26 million and $57 million, respectively, and are included in Prepaid expenses and other current assets on our Condensed Consolidated Balance Sheets.

Reconciliation of Cash and cash equivalents for Condensed Consolidated Statements of Cash Flows



	3/31/2017		12/31/2016
Cash and cash equivalents as presented in Condensed Consolidated Balance Sheets	$	525	$	725
Restricted cash included in Prepaid expenses and other current assets^(a)	54		55
Restricted cash included in Other assets^(b)	32		51
Cash, Cash Equivalents and Restricted Cash as presented in Condensed Consolidated Statements of Cash Flows	$	611	$	831


(a)	Restricted cash within Prepaid expenses and other current assets primarily relates to the Taco Bell Securitization interest reserves.


(b)	Primarily cash balances required to meet statutory minimum net worth requirements for legal entities which enter into U.S. franchise agreements and trust accounts related to our self-insurance program.