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Items Affecting Comparability of Net Income and Cash Flows (Tables)
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Items Affecting Comparability of Net Income and Cash Flows [Abstract]    
Impact of Change in Reporting Calendar [Table Text Block]   The impacts on our Financial Statements of retrospectively applying these changes are included below:

 
 
Quarter ended September 30, 2016
 
 
As Previously Reported
 
Adjustments
 
After Change in Reporting Calendar
Total Revenues
 
$
1,501

 
$
17

 
$
1,518

 
Operating profit
 
372

 
25

 
397

(a) 
Net Income from continuing operations
 
204

 
14

 
218

 
Income from discontinued operations, net of tax
 
418

 
4

 
422

 
Net Income
 
$
622

 
$
18

 
$
640

 
 
 
 
 
 
 
 
 
Diluted EPS from continuing operations
 
$
0.51

 
$
0.04

 
$
0.55

 
Diluted EPS from discontinued operations
 
1.05

 
0.02

 
1.07

 
Diluted EPS
 
$
1.56

 
$
0.06

 
$
1.62

 

 
 
Year to date ended September 30, 2016
 
 
As Previously Reported
 
Adjustments
 
After Change in Reporting Calendar
Total Revenues
 
$
4,342

 
$
128

 
$
4,470

 
Operating profit
 
1,136

 
24

 
1,160

(a) 
Net Income from continuing operations
 
709

 
1

 
710

 
Income from discontinued operations, net of tax
 
643

 
(13
)
 
630

 
Net Income
 
$
1,352

 
$
(12
)
 
$
1,340

 
 
 
 
 
 
 
 
 
Diluted EPS from continuing operations
 
$
1.72

 
$
0.01

 
$
1.73

 
Diluted EPS from discontinued operations
 
1.56

 
(0.02
)
 
1.54

 
Diluted EPS
 
$
3.28

 
$
(0.01
)
 
$
3.27

 

(a)
Amount does not reconcile to our Condensed Consolidated Statements of Income for the quarter and year to date ended September 30, 2016 due to the impact of retrospectively adopting a new accounting standard on Benefit Costs of $1 million and $2 million, respectively. See Note 1.
Facility Actions A summary of refranchising (gains) losses is as follows:

 
 
Quarter ended
 
Year to date
 
 
2017
 
2016
 
2017
 
2016
KFC Division(a)
 
$
(50
)
 
$
2

 
(8
)
 
3

Pizza Hut Division(b)
 
27

 
(9
)
 
40

 
(63
)
Taco Bell Division(c)
 
(178
)
 
(14
)
 
(363
)
 
(15
)
Worldwide
 
$
(201
)
 
$
(21
)
 
$
(331
)
 
$
(75
)


(a)
During the quarter ended September 30, 2017, KFC refranchising gains related primarily to the sale of restaurants in the Netherlands and Australia. These gains were partially offset by a loss recorded related to our planned refranchising of KFC Turkey, which was classified as held-for-sale during the quarter ended September 30, 2017. While the sales price we expect to receive for KFC Turkey exceeds the carrying value of the restaurants being sold, this pending transaction would represent a substantially complete liquidation of our KFC Turkey foreign entity. Accordingly, we are required to include accumulated translation losses associated with our KFC Turkey business within our held-for-sale impairment evaluations. As such, we recorded a $51 million non-cash charge within Refranchising (gain) loss that represents the excess of the book value of our KFC Turkey business, which included the accumulated translation losses and a proportionate amount of the KFC Turkey goodwill balance, over the expected sales price.

(b)
During the quarter ended September 30, 2017, we recorded a $25 million Refranchising loss related to executing a master franchising agreement that consolidated our existing Pizza Hut Korea franchise base under a single master franchisee. This loss included writing off $12 million of accumulated translation losses as this transaction resulted in a substantially complete liquidation of our Pizza Hut Korea foreign entity.

(c)
Net refranchising gains for Taco Bell Division for both the quarter and year to date ended September 30, 2017, relate to refranchising Taco Bell restaurants in the U.S.