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Consolidated Balance Sheets - USD ($)
shares in Millions, $ / shares in Millions, $ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 512 $ 367
Accounts and notes receivable, net 737 648
Prepaid Expense and Other Assets, Current 360 594
Total Current Assets 1,609 1,609
Property, Plant and equipment, net 1,197 1,171
Goodwill [1] 642 638
Intangible assets, net 377 354
Other assets 1,361 1,324
Deferred Income Taxes 1,045 750
Total Assets [2] 6,231 5,846
Current Liabilities    
Accounts payable and other current liabilities 1,169 1,251
Income taxes payable 55 16
Debt, Current 53 398
Total Current Liabilities 1,277 1,665
Long-term debt 11,142 11,453
Other Liabilities, Noncurrent 1,670 1,604
Total Liabilities 14,089 14,722
Shareholders' Equity    
Common stock, no par value, 750 shares authorized; 280 shares and 289 shares issued in 2022 and 2021, respectively 60 0
Accumulated Deficit (7,616) (8,507)
Accumulated other comprehensive income (loss) (302) (369)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Total (7,858) (8,876)
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity $ 6,231 $ 5,846
Common Stock, par value $ 0 $ 0
Common Stock, shares authorized 750 750
Common Stock, shares issued 281 280
[1] 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.
[2] U.S. identifiable assets included in the combined Corporate and KFC, Taco Bell, Pizza Hut, and Habit Burger Grill Divisions totaled $2.8 billion at both 2023 and 2022.