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Reportable Operating Segments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]      
Total revenues $ 7,076 $ 6,842 $ 6,584
Operating Profit 2,318 2,187 2,139
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1,818 1,662 1,674
Investment (income) expense, net [1] 7 11 86
Other Pension (income) expense [1] (6) 9 7
Interest expense, net [1] (513) (527) (544)
Depreciation and amortization 153 146 164
Segment, Expenditure, Addition to Long-Lived Assets 285 279 230
Total Assets [2] 6,231 5,846  
Long-Lived Assets [3] 2,980 2,905  
Impairment and closure expense 13 10 19
Assets held for sale [4] 4 190  
Other (income) expense 14 7 2
General and administrative expenses 1,193 1,140 1,060
Franchise and property expenses 123 123 117
RUSSIAN FEDERATION      
Segment Reporting Information [Line Items]      
Gain (Loss) on Sale of Assets and Asset Impairment Charges 3    
United States      
Segment Reporting Information [Line Items]      
Total revenues 4,100 3,900 3,600
Total Assets 2,800 2,800  
Russia, Rubles      
Segment Reporting Information [Line Items]      
Other (income) expense 1 $ 13  
KFC Russia      
Segment Reporting Information [Line Items]      
Long-Lived Assets Held-for-sale, Description   108 million  
KFC Global Division [Member]      
Segment Reporting Information [Line Items]      
Total revenues [5] 2,830 $ 2,834 2,793
Operating Profit 1,304 1,198 1,230
Depreciation and amortization 22 23 28
Segment, Expenditure, Addition to Long-Lived Assets 73 71 60
Total Assets [2] 2,281 2,227  
Long-Lived Assets [3] 891 893  
Taco Bell Global Division [Member]      
Segment Reporting Information [Line Items]      
Total revenues [5] 2,641 2,437 2,238
Operating Profit 944 850 758
Depreciation and amortization 61 48 53
Segment, Expenditure, Addition to Long-Lived Assets 101 101 62
Total Assets [2] 1,544 1,483  
Long-Lived Assets [3] 975 950  
Pizza Hut Global Division [Member]      
Segment Reporting Information [Line Items]      
Total revenues [5] 1,019 1,004 1,028
Operating Profit 391 387 387
Depreciation and amortization 20 19 32
Segment, Expenditure, Addition to Long-Lived Assets 12 22 18
Total Assets [2] 814 788  
Long-Lived Assets [3] 378 400  
The Habit Burger Grill Global Division      
Segment Reporting Information [Line Items]      
Total revenues [5] 586 567 525
Operating Profit (14) (24) 2
Depreciation and amortization 30 29 28
Segment, Expenditure, Addition to Long-Lived Assets 64 56 56
Total Assets [2] 630 591  
Long-Lived Assets [3] 580 534  
Corporate and Other [Member]      
Segment Reporting Information [Line Items]      
Franchise and property expenses [1],[6] (1) (6) 1
Refranchising gain (loss) [1] 29 27 35
Depreciation and amortization 20 27 23
Segment, Expenditure, Addition to Long-Lived Assets 35 29 34
Total Assets [2],[7] 962 757  
Long-Lived Assets [3] 156 128  
Other (income) expense [1],[6] (9) 52 (14)
General and administrative expenses [1],[6] (326) (297) $ (260)
Corporate and Other [Member] | RUSSIAN FEDERATION      
Segment Reporting Information [Line Items]      
Other (income) expense 1 (44)  
General and administrative expenses 5 7  
Franchise and property expenses $ 1 $ 6  
[1] Amounts have not been allocated to any segment for performance reporting purposes.
[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.
[3] Includes PP&E, net, goodwill, intangible assets, net and Operating lease right-of-use assets. Excludes KFC Russia long-lived assets of $108 million as of December 31, 2022 which were classified as held for sale and are included in Prepaid expenses and other current assets in our Consolidated Balance Sheet (see Note 9).
[4] Assets and liabilities held for sale reflect the carrying value of restaurants we have offered for sale to franchisees, excess properties that we do not intend to use for restaurant operations in the future and, at December 31, 2022, the assets and liabilities of KFC Russia. KFC Russia assets held for sale accounted for $185 million, including property, plant and equipment of $59 million, of the $190 million, while KFC Russia liabilities held for sale accounted for all of the $65 million as of December 31, 2022.
[5] U.S. revenues included in the combined KFC, Taco Bell, Pizza Hut and Habit Burger Grill Divisions totaled $4.1 billion in 2023, $3.9 billion in 2022 and $3.6 billion in 2021.
[6] Our operating results presented herein reflect revenues from and expenses to support the Russian operations for KFC and Pizza Hut prior to the dates of sale or transfer (see Note 3), within their historical financial statement line items and operating segments. However, given our decision to exit Russia and our pledge to direct any future net profits attributable to Russia subsequent to the date of invasion to humanitarian efforts, we reclassed such net profits and losses subsequent to that date from the Division segment results in which they were earned to Unallocated Other income (expense). As a result, we reclassed net operating losses of $1 million from KFC Division Other income (expense) to Unallocated Other income (expense) during the year ended December 31, 2023, and net operating profit of $44 million from Divisional Other income (expense) to Unallocated Other income (expense) during the year ended December 31, 2022, respectively. Additionally, we recorded a charge of $3 million to Unallocated Other income (expense) during the year ended December 31, 2023 from the sale of our KFC Russia business.
Also included in Unallocated Other income (expense) were $1 million in foreign exchange losses and $13 million in foreign exchange gains attributable to fluctuations in the value of the Russian Ruble during the years ended December 31, 2023 and 2022, respectively. Additionally, we recorded charges of $5 million to Corporate and unallocated G&A expenses and $1 million to Unallocated Franchise and property expenses during the year ended December 31, 2023, for certain expenses related to the disposition of the businesses and other costs related to our exit from Russia. We recorded similar charges of $7 million to Corporate and Unallocated G&A expenses and $6 million to Unallocated Franchise and property expenses during the year ended December 31, 2022.
[7] Primarily includes cash and deferred tax assets.