XML 65 R50.htm IDEA: XBRL DOCUMENT v3.20.4
Summary of Significant Accounting Policies (Details)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2020
USD ($)
Sep. 30, 2020
USD ($)
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2020
USD ($)
Years
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Schedule of Equity Method Investments [Line Items]                      
Net Income $ 332 $ 283 $ 206 $ 83 $ 488 $ 255 $ 289 $ 262 $ 904 $ 1,294 $ 1,542
Advertising Expense                 68 73 96
Operating Profit 482 471 300 250 546 480 471 433 1,503 1,930 2,296
Franchise advertising and other services expense                 1,314 1,368 1,208
Future lease payments due from franchisees on a nominal basis 1,000               1,000    
Reclassification of Retained Earnings to Common Stock for Share Repurchase                 179 796 2,356
Employee stock option and SARs exercises (includes tax impact)                 41 75 41
Revenues 1,743 1,448 1,198 1,263 1,694 1,339 1,310 1,254 5,652 5,597 5,688
Accumulated Deficit (7,480)       (7,628)       $ (7,480) (7,628)  
Number of consecutive years of operating losses used as primary indicator of potential impairment for our semi-annual impairment testing of restaurant assets | Years                 2    
Retained Earnings                      
Schedule of Equity Method Investments [Line Items]                      
Net Income                 $ 904 1,294 1,542
Employee stock option and SARs exercises (includes tax impact)                   18  
Accounting Standards Update 2016-02 [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Accumulated Deficit         (2)         (2)  
Advertising Cooperatives [Domain]                      
Schedule of Equity Method Investments [Line Items]                      
Advertising Expense                 10 10 35
Franchise advertising and other services expense                 1,079 1,133 1,035
Company Sales                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax 566 486 403 355 490 364 359 333 1,810 1,546 2,000
Franchise contributions for advertising and other services                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax $ 427 $ 323 $ 270 $ 312 $ 434 $ 330 $ 318 $ 309 1,332 1,391 1,206
United States | Company Sales                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 1,309 1,014  
United States | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 1,050 1,059  
United States | Franchise contributions for advertising and other services                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 818 811  
CHINA | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 255 274  
Other, Outside the U.S. and China [Member] | Company Sales                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 501 532  
Other, Outside the U.S. and China [Member] | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 1,080 1,185  
Other, Outside the U.S. and China [Member] | Franchise contributions for advertising and other services                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 514 580  
KFC Global Division [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Operating Profit                 922 1,052 959
Revenues [1]                 2,272 2,491 2,644
KFC Global Division [Member] | United States | Company Sales                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 60 74  
KFC Global Division [Member] | United States | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 184 175  
KFC Global Division [Member] | United States | Franchise contributions for advertising and other services                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 18 10  
KFC Global Division [Member] | CHINA | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 204 214  
KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Company Sales                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 446 497  
KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 833 912  
KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise contributions for advertising and other services                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 453 520  
Pizza Hut Global Division [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Operating Profit                 335 369 348
Revenues [1]                 1,002 1,027 988
Pizza Hut Global Division [Member] | United States | Company Sales                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 21 21  
Pizza Hut Global Division [Member] | United States | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 272 282  
Pizza Hut Global Division [Member] | United States | Franchise contributions for advertising and other services                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 317 318  
Pizza Hut Global Division [Member] | CHINA | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 51 60  
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Company Sales                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 55 33  
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 222 246  
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise contributions for advertising and other services                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 57 58  
Taco Bell Global Division [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Operating Profit                 696 683 633
Revenues [1]                 2,031 2,079 2,056
Taco Bell Global Division [Member] | United States | Company Sales                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 882 919  
Taco Bell Global Division [Member] | United States | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 593 602  
Taco Bell Global Division [Member] | United States | Franchise contributions for advertising and other services                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 483 483  
Taco Bell Global Division [Member] | CHINA | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 0 0  
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Company Sales                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 0 2  
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 25 27  
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise contributions for advertising and other services                      
Schedule of Equity Method Investments [Line Items]                      
Revenue from Contract with Customer, Excluding Assessed Tax                 4 2  
Franchise and property expenses [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Sales Allowances, Services                 $ 12 24 $ 11
53rd Week Impact [Member]                      
Schedule of Equity Method Investments [Line Items]                      
Net Income                   17  
Operating Profit                   24  
Revenues                   $ 66  
[1] U.S. revenues included in the combined KFC, Pizza Hut, Taco Bell and Habit Burger Grill Divisions totaled $3.2 billion in 2020, $3.0 billion in 2019 and $2.9 billion in 2018.