Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill are as follows:

	KFC		Taco Bell		Pizza Hut		Habit Burger Grill		Worldwide
Goodwill, net as of December 31, 2021(a)	$	232	$	98	$	257	$	70	$	657
Disposals and other, net(b)	(7)		—		(8)		(4)		(19)
Goodwill, net as of December 31, 2022(a)	$	225	$	98	$	249	$	66	$	638
Disposals and other, net(b)	1		—		3		—		4
Goodwill, net as of December 31, 2023(a)	$	226	$	98	$	252	$	66	642

(a)Goodwill, net includes $144 million of accumulated impairment losses related to our Habit Burger Grill segment and $17 million of accumulated impairment losses related to our Pizza Hut segment for each year presented.

(b)Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising.

^[1],[2]

Schedule Of Finite And Indefinite Lived Intangible Assets By Major Class

Intangible assets, net for the years ended 2023 and 2022 are as follows:

 

	2023				2022
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Finite-lived intangible assets
Capitalized software costs	$	524	$	(309)	$	469	$	(263)
Reacquired franchise rights	7		(3)		35		(29)
Franchise contract rights	78		(73)		91		(84)
Other	24		(19)		24		(16)
	$	633	$	(404)	$	619	$	(392)
Indefinite-lived intangible assets
KFC trademark	$	31			$	31
Habit Burger Grill brand asset	96				96
Other	21				—
	$	148			$	127

[1] Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising.

[2] Goodwill, net includes $144 million of accumulated impairment losses related to our Habit Burger Grill segment and $17 million of accumulated impairment losses related to our Pizza Hut segment for each year presented.