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Property, Plant and Equipment and Intangible Assets (Tables) | 12 Months Ended
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Dec. 26, 2015
Property, Plant And Equipment And Intangible Assets [Abstract] |
Property, Plant and Equipment | A summary of our property, plant and equipment is as follows:
| Average Useful Life (Years) |  | 2015 |  |  | 2014 |  |  | 2013 |
Property, plant and equipment, net |  |  |  |  |  |  |
Land |  |  | $ | 1,184 |  |  | $ | 1,288 |  |  |
Buildings and improvements | 15 – 44 |  | 8,061 |  |  | 8,114 |  |  |
Machinery and equipment, including fleet and software | 5 – 15 |  | 24,764 |  |  | 25,146 |  |  |
Construction in progress |  |  | 1,738 |  |  | 1,752 |  |  |
|  |  | 35,747 |  |  | 36,300 |  |  |
Accumulated depreciation |  |  | (19,430 | ) |  | (19,056 | ) |  |
|  |  | $ | 16,317 |  |  | $ | 17,244 |  |  |
Depreciation expense |  |  | $ | 2,248 |  |  | $ | 2,441 |  |  | $ | 2,472 |
Amortizable Intangible Assets, Net | Property, plant and equipment is recorded at historical cost. Depreciation and amortization are recognized on a straight-line basis over an asset’s estimated useful life. Land is not depreciated and construction in progress is not depreciated until ready for service. A summary of our amortizable intangible assets is as follows:
|  |  | 2015 |  | 2014 |  | 2013
Amortizable intangible assets, net | Average Useful Life (Years) |  | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net |  |
Acquired franchise rights | 56 – 60 |  | $ | 820 |  |  | $ | (92 | ) |  | $ | 728 |  |  | $ | 879 |  |  | $ | (89 | ) |  | $ | 790 |  |  |
Reacquired franchise rights | 5 – 14 |  | 105 |  |  | (99 | ) |  | 6 |  |  | 107 |  |  | (95 | ) |  | 12 |  |  |
Brands | 20 – 40 |  | 1,298 |  |  | (987 | ) |  | 311 |  |  | 1,361 |  |  | (1,004 | ) |  | 357 |  |  |
Other identifiable intangibles | 10 – 24 |  | 526 |  |  | (301 | ) |  | 225 |  |  | 595 |  |  | (305 | ) |  | 290 |  |  |
|  |  | $ | 2,749 |  |  | $ | (1,479 | ) |  | $ | 1,270 |  |  | $ | 2,942 |  |  | $ | (1,493 | ) |  | $ | 1,449 |  |  |
Amortization expense |  |  |  |  |  |  | $ | 75 |  |  |  |  |  |  | $ | 92 |  |  | $ | 110 |
Future Amortization of Intangible Assets | Amortization of intangible assets for each of the next five years, based on existing intangible assets as of December 26, 2015 and using average 2015 foreign exchange rates, is expected to be as follows:
|  | 2016 |  |  | 2017 |  |  | 2018 |  |  | 2019 |  |  | 2020 |
Five-year projected amortization |  | $ | 65 |  |  | $ | 60 |  |  | $ | 59 |  |  | $ | 56 |  |  | $ | 55 |
Depreciable and amortizable assets are only evaluated for impairment upon a significant change in the operating or macroeconomic environment. In these circumstances, if an evaluation of the undiscounted cash flows indicates impairment, the asset is written down to its estimated fair value, which is based on discounted future cash flows. Useful lives are periodically evaluated to determine whether events or circumstances have occurred which indicate the need for revision. For additional unaudited information on our policies for amortizable brands, see “Our Critical Accounting Policies” in Management’s Discussion and Analysis of Financial Condition and Results of Operations. Nonamortizable Intangible Assets We did not recognize any impairment charges for goodwill in each of the fiscal years ended December 26, 2015, December 27, 2014 and December 28, 2013. In 2015, we performed the impairment analysis for goodwill for all of our reporting units using the qualitative approach and concluded that it was more likely than not that the estimated fair values of our reporting units were greater than their carrying amounts. After reaching this conclusion, no further testing was performed. We recognized no material impairment charges for nonamortizable intangible assets in each of the fiscal years ended December 26, 2015, December 27, 2014 and December 28, 2013. In 2014, we recognized pre-tax impairment charges in ESSA for nonamortizable intangible assets of $23 million. Based on our year-end assessment, the estimated fair values of our indefinite-lived reacquired and acquired franchise rights recorded at NAB exceed their carrying values. However, there could be an impairment of the carrying value of NAB’s reacquired and acquired franchise rights if future revenues and their contribution to the operating results of NAB’s CSD business do not achieve our estimated future cash flows or if macroeconomic conditions result in a future increase in the weighted-average cost of capital used to estimate fair value.
Change in Book Value of Nonamortizable Intangible Assets | The change in the book value of nonamortizable intangible assets is as follows:
| Balance, Beginning 2014 |  | Translation and Other |  | Balance, End of 2014 |  | Translation and Other |  | Balance, End of 2015
FLNA |  |  |  |  |  |  |  |  |
Goodwill | $ | 305 |  |  | $ | (14 | ) |  | $ | 291 |  |  | $ | (24 | ) |  | $ | 267 |
Brands | 29 |  |  | (2 | ) |  | 27 |  |  | (5 | ) |  | 22 |
| 334 |  |  | (16 | ) |  | 318 |  |  | (29 | ) |  | 289 |
QFNA |  |  |  |  |  |  |  |  |
Goodwill | 175 |  |  | — |  |  | 175 |  |  | — |  |  | 175 |
NAB |  |  |  |  |  |  |  |  |
Goodwill | 9,894 |  |  | (48 | ) |  | 9,846 |  |  | (92 | ) |  | 9,754 |
Reacquired franchise rights | 7,281 |  |  | (88 | ) |  | 7,193 |  |  | (151 | ) |  | 7,042 |
Acquired franchise rights | 1,551 |  |  | (13 | ) |  | 1,538 |  |  | (31 | ) |  | 1,507 |
Brands | 108 |  |  | — |  |  | 108 |  |  | — |  |  | 108 |
| 18,834 |  |  | (149 | ) |  | 18,685 |  |  | (274 | ) |  | 18,411 |
Latin America (a) |  |  |  |  |  |  |  |  |
Goodwill | 709 |  |  | (65 | ) |  | 644 |  |  | (123 | ) |  | 521 |
Brands | 244 |  |  | (21 | ) |  | 223 |  |  | (86 | ) |  | 137 |
| 953 |  |  | (86 | ) |  | 867 |  |  | (209 | ) |  | 658 |
ESSA (b) |  |  |  |  |  |  |  |  |
Goodwill | 5,027 |  |  | (1,488 | ) |  | 3,539 |  |  | (497 | ) |  | 3,042 |
Reacquired franchise rights | 760 |  |  | (189 | ) |  | 571 |  |  | (83 | ) |  | 488 |
Acquired franchise rights | 230 |  |  | (31 | ) |  | 199 |  |  | (9 | ) |  | 190 |
Brands | 4,071 |  |  | (1,408 | ) |  | 2,663 |  |  | (451 | ) |  | 2,212 |
| 10,088 |  |  | (3,116 | ) |  | 6,972 |  |  | (1,040 | ) |  | 5,932 |
AMENA |  |  |  |  |  |  |  |  |
Goodwill | 503 |  |  | (33 | ) |  | 470 |  |  | (52 | ) |  | 418 |
Brands | 127 |  |  | (10 | ) |  | 117 |  |  | (12 | ) |  | 105 |
| 630 |  |  | (43 | ) |  | 587 |  |  | (64 | ) |  | 523 |
Total goodwill | 16,613 |  |  | (1,648 | ) |  | 14,965 |  |  | (788 | ) |  | 14,177 |
Total reacquired franchise rights | 8,041 |  |  | (277 | ) |  | 7,764 |  |  | (234 | ) |  | 7,530 |
Total acquired franchise rights | 1,781 |  |  | (44 | ) |  | 1,737 |  |  | (40 | ) |  | 1,697 |
Total brands | 4,579 |  |  | (1,441 | ) |  | 3,138 |  |  | (554 | ) |  | 2,584 |
| $ | 31,014 |  |  | $ | (3,410 | ) |  | $ | 27,604 |  |  | $ | (1,616 | ) |  | $ | 25,988 |
(a) | The change in 2015 includes a reduction of $41 million of nonamortizable brands arising from the Venezuela deconsolidation.
(b) | The change in 2015 and 2014 primarily reflects the depreciation of the Russian ruble.

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph b -Article 5 + Details
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