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Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 730 $ 605
Accounts and notes receivable, net 534 584
Prepaid Expense and Other Assets, Current 425 338
Total Current Assets 1,689 1,527
Property, Plant and equipment, net 1,235 1,170
Goodwill [1] 597 530
Intangible assets, net 343 244
Other assets 1,435 1,313
Deferred Income Taxes 553 447
Total Assets [2] 5,852 5,231
Current Liabilities    
Accounts payable and other current liabilities 1,189 960
Income taxes payable 33 150
Short-term borrowings 453 431
Total Current Liabilities 1,675 1,541
Long-term debt 10,272 10,131
Other liabilities and deferred credits 1,796 1,575
Total Liabilities 13,743 13,247
Shareholders' Equity    
Common stock, no par value, 750 shares authorized; 300 shares issued in 2020 and 2019 0 0
Accumulated Deficit (7,480) (7,628)
Accumulated other comprehensive income (loss) (411) (388)
Total Shareholders' Equity (7,891) (8,016)
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity $ 5,852 $ 5,231
Common Stock, shares issued 300 300
[1] Goodwill, net includes $144 million of accumulated impairment loss recorded in the year ended December 31, 2020, related to our Habit Burger Grill segment and $17 million of accumulated impairment losses for each year presented related to our Pizza Hut segment.
[2] U.S. identifiable assets included in the combined Corporate and KFC, Pizza Hut, Taco Bell and Habit Burger Grill Divisions totaled $3.0 billion and $2.7 billion in 2020 and 2019, respectively.