Supplemental Balance Sheet Information (Tables)

9 Months Ended

Sep. 30, 2023

Supplemental Balance Sheet Information Disclosure [Abstract]


	9/30/2023		12/31/2022
Accounts and notes receivable, gross	$	692	$	685
Allowance for doubtful accounts	(45)		(37)
Accounts and notes receivable, net	$	647	$	648

Property, Plant and Equipment


	9/30/2023		12/31/2022
Property, plant and equipment, gross	$	2,462	$	2,454
Accumulated depreciation and amortization	(1,305)		(1,283)
Property, plant and equipment, net	$	1,157	$	1,171

Schedule of Other Assets


Other Assets	9/30/2023		12/31/2022
Operating lease right-of-use assets(a)	$	763	$	742

Franchise incentives	182		172
Investment in Devyani International Limited (See Note 12)	137		116
Other	278		294
Other assets	$	1,360	$	1,324

(a) Non-current operating lease liabilities of $752 million and $731 million as of September 30, 2023 and December 31, 2022, respectively, are included in Other liabilities and deferred credits in our Condensed Consolidated Balance Sheets.

Schedule of Cash and Cash Equivalents [Table Text Block]


	9/30/2023		12/31/2022
Cash and cash equivalents as presented in Condensed Consolidated Balance Sheets	$	656	$	367
Restricted cash included in Prepaid expenses and other current assets(a)	185		220
Restricted cash and restricted cash equivalents included in Other assets(b)	34		35
Cash and restricted cash related to KFC Russia included in assets held-for-sale	—		25
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents as presented in Condensed Consolidated Statements of Cash Flows	$	875	$	647

(a) Restricted cash within Prepaid expenses and other current assets reflects the cash related to advertising cooperatives which we consolidate that can only be used to settle obligations of the respective cooperatives and cash held in reserve for Taco Bell Securitization interest payments.

(b) Primarily trust accounts related to our self-insurance program.