v2.4.0.6
Fair Value Disclosures (Details) (USD $)
In Millions, unless otherwise specified
 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Sep. 08, 2012
Sep. 03, 2011
Sep. 08, 2012
Sep. 03, 2011
Dec. 31, 2011
Dec. 25, 2010
Sep. 08, 2012
Level 2
Sep. 08, 2012
Nonrecurring basis
Sep. 03, 2011
Nonrecurring basis
Sep. 08, 2012
Nonrecurring basis
Sep. 03, 2011
Nonrecurring basis
Sep. 08, 2012
Recurring basis
Dec. 31, 2011
Recurring basis
Sep. 08, 2012
Recurring basis
Level 1
Dec. 31, 2011
Recurring basis
Level 1
Sep. 08, 2012
Recurring basis
Level 2
Foreign Currency Forwards
Dec. 31, 2011
Recurring basis
Level 2
Foreign Currency Forwards
Sep. 08, 2012
Recurring basis
Level 2
Interest Rate Swaps
Dec. 31, 2011
Recurring basis
Level 2
Interest Rate Swaps
Sep. 08, 2012
Unallocated Amount to Segment [Member]
Sep. 03, 2011
Unallocated Amount to Segment [Member]
Sep. 08, 2012
Unallocated Amount to Segment [Member]
Sep. 03, 2011
Unallocated Amount to Segment [Member]
Sep. 08, 2012
U.S.
Sep. 03, 2011
U.S.
Sep. 08, 2012
U.S.
Sep. 03, 2011
U.S.
Mar. 24, 2012
PH
UK
Unallocated Amount to Segment [Member]
Sep. 03, 2011
PH
UK
Unallocated Amount to Segment [Member]
Sep. 08, 2012
PH
UK
Unallocated Amount to Segment [Member]
Nonrecurring basis
Level 2
Sep. 03, 2011
PH
UK
Unallocated Amount to Segment [Member]
Nonrecurring basis
Level 2
Sep. 08, 2012
PH
UK
Unallocated Amount to Segment [Member]
Nonrecurring basis
Level 3
Sep. 03, 2011
PH
UK
Unallocated Amount to Segment [Member]
Nonrecurring basis
Level 3
Sep. 08, 2012
PH
UK
Unallocated Amount to Segment [Member]
Nonrecurring basis
Level 3
Sep. 03, 2011
PH
UK
Unallocated Amount to Segment [Member]
Nonrecurring basis
Level 3
Sep. 03, 2011
LJS and AW
Sep. 03, 2011
LJS and AW
Sep. 08, 2012
Little Sheep Group Limited [Member]
Feb. 01, 2012
Little Sheep Group Limited [Member]
Dec. 31, 2011
Little Sheep Group Limited [Member]
Sep. 08, 2012
Little Sheep Group Limited [Member]
Nonrecurring basis
Level 2
Sep. 03, 2011
Little Sheep Group Limited [Member]
Nonrecurring basis
Level 2
Sep. 08, 2012
Little Sheep Group Limited [Member]
Unallocated Amount to Segment [Member]
Nonrecurring basis
Level 2
Sep. 08, 2012
Closures and impairment (income) expenses
Nonrecurring basis
Level 3
Sep. 03, 2011
Closures and impairment (income) expenses
Nonrecurring basis
Level 3
Sep. 08, 2012
Closures and impairment (income) expenses
Nonrecurring basis
Level 3
Sep. 03, 2011
Closures and impairment (income) expenses
Nonrecurring basis
Level 3
Sep. 03, 2011
Closures and impairment (income) expenses
LJS and AW
Sep. 03, 2011
Closures and impairment (income) expenses
LJS and AW
Sep. 08, 2012
Closures and impairment (income) expenses
LJS and AW
Nonrecurring basis
Level 2
Sep. 03, 2011
Closures and impairment (income) expenses
LJS and AW
Nonrecurring basis
Level 2
Sep. 08, 2012
Closures and impairment (income) expenses
LJS and AW
Nonrecurring basis
Level 2
Sep. 03, 2011
Closures and impairment (income) expenses
LJS and AW
Nonrecurring basis
Level 2
Sep. 08, 2012
Refranchising (gain) loss
Nonrecurring basis
Level 3
Sep. 03, 2011
Refranchising (gain) loss
Nonrecurring basis
Level 3
Sep. 08, 2012
Refranchising (gain) loss
Nonrecurring basis
Level 3
Sep. 03, 2011
Refranchising (gain) loss
Nonrecurring basis
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                                                                                                                  
Total losses related to long-lived assets held for use                                                                                       $ 0 $ 6 $ 6 $ 21             $ 4 $ 20 $ 4 $ 27
Pre-tax losses recognized on business divestitures                                                                       (17) (86)                     16 82 0 16 [1] 0 82 [1]        
Fair Value, Level 1 to Level 2 Transfers, Amount                       0                                                                                          
Fair Value, Level 2 to Level 1 Transfers, Amount                       0                                                                                          
Derivative assets (liabilites), net 53 23 53 23 34 45                   27 2 26 32                                                                            
Other Investments                           17 15                                                                                    
Total                       70 49                                                                                        
Ownership percentage (in hundreths)                                                                           93.00%   27.00%                                  
Investment in unconsolidated affiliate at date of acquisition                                                                             107                                    
Gain upon acquisition of Little Sheep 0 0 74 0                                                                   74     74 [1] 0 74 [1]                            
(Gains) losses recognized from all non-recurring fair value measurements               4 116 (44) 204                                                                                            
Refranchising (gain) loss (2) 66 [2] (41) [2],[3] 69 [2]                               (2) 66 [4] (41) [4] 69 [4] 1 (4) (53) [3] 3 20 76 20 [1] 0 0 74 [1] 0 74 [1]                                            
Debt obligations, excluding capital leases, estimate of fair value             3,300                                                                                                    
Debt obligations, excluding capital leases, carrying amount $ 2,800   $ 2,800                                                                                                            
[1] See Note 4 for further discussions of Refranchising (gain) loss, including our decision to refranchise Company operated Pizza Hut dine-in restaurants in the UK, the acquisition of Little Sheep and the LJS and A&W divestitures.
[2] During the quarter ended September 3, 2011, we decided to refranchise or close all of our remaining company operated Pizza Hut dine-in restaurants in the UK market. While the asset group comprising approximately 350 stores we anticipate selling did not meet the criteria for held for sale classification as of September 3, 2011, our decision to sell was considered an impairment indicator. As such we reviewed the asset group for potential impairment and determined that its carrying value was not fully recoverable based upon our estimate of expected refranchising proceeds and holding period cash flows anticipated while we continue to operate the restaurants as company units. Accordingly, we wrote the asset group down to our estimate of its fair value, which was based on the sales price we would expect to receive from a buyer. This fair value determination considered current market conditions, trends in the Pizza Hut UK business, and prices for similar transactions in the restaurant industry and resulted in a non-cash pre-tax write down of $74 million which was recorded to Refranchising (gain) loss. The decision to refranchise or close all remaining Pizza Hut dine-in restaurants in the UK was considered to be a goodwill impairment indicator. We determined that the fair value of our Pizza Hut UK reporting unit exceeded its carrying value and as such there was no goodwill impairment. Based on bids received in 2012, we recorded an additional non-cash pre-tax impairment charge of $20 million to Refranchising (gain) loss in the quarter ended March 24, 2012. While we continue to market the Pizza Hut dine-in restaurants in the UK for sale, the asset group continues not to meet all of the held for sale criteria as of the quarter ended September 8, 2012.These impairment charges decreased depreciation expense versus what would have otherwise been recorded by $3 million and $9 million for the quarter and year to date ended September 8, 2012, respectively. Neither the impairment charges nor the depreciation reduction were allocated to the YRI segment, resulting in depreciation expense in the YRI segment results continuing to be recorded at the rate at which it was prior to these impairment charges being recorded for these restaurants.
[3] The year to date ended September 8, 2012, U.S. Refranchising (gain) loss primarily relates to gains on the sales of Taco Bell restaurants.
[4] Includes U.S. refranchising gains of $53 million partially offset by an impairment charge of $20 million related to our Pizza Hut UK dine-in business for the year to date ended September 8, 2012. Includes refranchising losses of $76 million related to our Pizza Hut UK dine-in business for the quarter and year to date ended September 3, 2011. See Note 4.