CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Cash Flows - Operating Activities
Net Income		$ 300	$ 399
Depreciation and amortization		29	37
Refranchising (gain) loss		(4)	(4)
Investment (income) expense, net	[1]	24	(7)
Deferred income taxes		(4)	(77)
Share-based compensation expense		25	26
Changes in accounts and notes receivable		23	29
Changes in prepaid expenses and other current assets		(7)	(13)
Changes in accounts payable and other current liabilities		(101)	(176)
Changes in income taxes payable		28	29
Other, net		36	10
Net Cash Provided by Operating Activities		349	253
Cash Flows - Investing Activities
Capital spending		(62)	(42)
Proceeds from refranchising of restaurants		5	24
Other, net		1	(11)
Net Cash Used in Investing Activities		(56)	(29)
Cash Flows - Financing Activities
Repayments of long-term debt		(20)	(15)
Revolving credit facilities, three months or less, net		(85)	174
Repurchase shares of Common Stock		(50)	(343)
Dividends paid on Common Stock		(169)	(165)
Other, net		(10)	(28)
Net Cash Provided by (Used in) Financing Activities		(334)	(377)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		3	0
Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		(38)	(153)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Beginning of Period		647	771
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - End of Period		$ 609	$ 618

[1] Includes changes in the value of our investment in Devyani International Limited (see Note 12).