XML 61 R44.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Reportable Operating Segments (Tables) | 12 Months Ended
--- | ---
Dec. 26, 2015
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
|  | Revenues
|  | 2015 |  | 2014 |  | 2013
China |  | $ | 6,909 |  |  | $ | 6,934 |  |  | $ | 6,905 |
KFC Division(a) |  | 2,948 |  |  | 3,193 |  |  | 3,036 |
Pizza Hut Division(a) |  | 1,145 |  |  | 1,148 |  |  | 1,147 |
Taco Bell Division(a) |  | 1,988 |  |  | 1,863 |  |  | 1,869 |
India |  | 115 |  |  | 141 |  |  | 127 |
|  | $ | 13,105 |  |  | $ | 13,279 |  |  | $ | 13,084 |
|  | Operating Profit; Interest Expense, Net; and Income Before Income Taxes
|  | 2015 |  | 2014 |  | 2013
China (b) |  | $ | 757 |  |  | $ | 713 |  |  | $ | 777 |
KFC Division |  | 677 |  |  | 708 |  |  | 649 |
Pizza Hut Division |  | 289 |  |  | 295 |  |  | 339 |
Taco Bell Division |  | 539 |  |  | 480 |  |  | 456 |
India |  | (19 | ) |  | (9 | ) |  | (15 | )
Unallocated restaurant costs(c) |  | — |  |  | (1 | ) |  | — |
Unallocated Franchise and License expenses(c)(j) |  | (71 | ) |  | — |  |  | — |
Unallocated and corporate expenses(c) |  | (204 | ) |  | (189 | ) |  | (207 | )
Unallocated Closures and impairment expense(c)(d) |  | — |  |  | (463 | ) |  | (295 | )
Unallocated Refranchising gain (loss)(c) |  | (10 | ) |  | 33 |  |  | 100 |
Unallocated Other income (expense)(c) |  | (37 | ) |  | (10 | ) |  | (6 | )
Operating Profit |  | 1,921 |  |  | 1,557 |  |  | 1,798 |
Interest expense, net(c)(e) |  | (134 | ) |  | (130 | ) |  | (247 | )
Income Before Income Taxes |  | $ | 1,787 |  |  | $ | 1,427 |  |  | $ | 1,551 |
|  | Depreciation and Amortization
|  | 2015 |  | 2014 |  | 2013
China |  | $ | 425 |  |  | $ | 411 |  |  | $ | 394 |
KFC Division |  | 176 |  |  | 187 |  |  | 190 |
Pizza Hut Division |  | 40 |  |  | 39 |  |  | 36 |
Taco Bell Division |  | 88 |  |  | 83 |  |  | 84 |
India |  | 10 |  |  | 10 |  |  | 9 |
Corporate |  | 8 |  |  | 9 |  |  | 8 |
|  | $ | 747 |  |  | $ | 739 |  |  | $ | 721 |
|  | Capital Spending
|  | 2015 |  | 2014 |  | 2013
China |  | $ | 512 |  |  | $ | 525 |  |  | $ | 568 |
KFC Division |  | 273 |  |  | 273 |  |  | 294 |
Pizza Hut Division |  | 54 |  |  | 62 |  |  | 52 |
Taco Bell Division |  | 116 |  |  | 143 |  |  | 100 |
India |  | 7 |  |  | 21 |  |  | 31 |
Corporate |  | 11 |  |  | 9 |  |  | 4 |
|  | $ | 973 |  |  | $ | 1,033 |  |  | $ | 1,049 |
|  | Identifiable Assets
|  | 2015 |  | 2014
China (f) |  | $ | 3,150 |  |  | $ | 3,202 |
KFC Division(i) |  | 2,181 |  |  | 2,328 |
Pizza Hut Division(i) |  | 707 |  |  | 710 |
Taco Bell Division(i) |  | 1,127 |  |  | 1,084 |
India |  | 84 |  |  | 118 |
Corporate(g)(i) |  | 826 |  |  | 892 |
|  | $ | 8,075 |  |  | $ | 8,334 |
|  | Long-Lived Assets(h)
|  | 2015 |  | 2014
China |  | $ | 2,033 |  |  | $ | 2,217 |
KFC Division |  | 1,663 |  |  | 1,823 |
Pizza Hut Division |  | 419 |  |  | 433 |
Taco Bell Division |  | 911 |  |  | 920 |
India |  | 35 |  |  | 72 |
Corporate |  | 55 |  |  | 51 |
|  | $ | 5,116 |  |  | $ | 5,516 |
(a) | U.S. revenues included in the combined KFC, Pizza Hut and Taco Bell Divisions totaled $3.1 billion in 2015 and $3.0 billion in both 2014 and 2013.
(b) | Includes equity income from investments in unconsolidated affiliates of $41 million, $30 million and $26 million in 2015, 2014 and 2013, respectively.
(c) | Amounts have not been allocated to any segment for performance reporting purposes.
(d) | Represents 2014 and 2013 impairment losses related to Little Sheep. See Note 4.
(e) | 2013 includes $118 million of premiums and other costs related to the extinguishment of debt. See Note 4.
(f) | China includes investments in 4 unconsolidated affiliates totaling $61 million and $52 million for 2015 and 2014, respectively.
(g) | Primarily includes cash, deferred tax assets and property, plant and equipment, net, related to our office facilities.
(h) | Includes property, plant and equipment, net, goodwill, and intangible assets, net.
(i) | U.S. identifiable assets included in the combined Corporate and KFC, Pizza Hut and Taco Bell Divisions totaled $2.3 billion and $2.0 billion in 2015 and 2014, respectively.
(j) | Represents 2015 costs associated with the KFC U.S. Acceleration Agreement. See Note 4.
Reconciliation of Revenue from Segments to Consolidated |
|  | Revenues
|  | 2015 |  | 2014 |  | 2013
China |  | $ | 6,909 |  |  | $ | 6,934 |  |  | $ | 6,905 |
KFC Division(a) |  | 2,948 |  |  | 3,193 |  |  | 3,036 |
Pizza Hut Division(a) |  | 1,145 |  |  | 1,148 |  |  | 1,147 |
Taco Bell Division(a) |  | 1,988 |  |  | 1,863 |  |  | 1,869 |
India |  | 115 |  |  | 141 |  |  | 127 |
|  | $ | 13,105 |  |  | $ | 13,279 |  |  | $ | 13,084 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
|  | Operating Profit; Interest Expense, Net; and Income Before Income Taxes
|  | 2015 |  | 2014 |  | 2013
China (b) |  | $ | 757 |  |  | $ | 713 |  |  | $ | 777 |
KFC Division |  | 677 |  |  | 708 |  |  | 649 |
Pizza Hut Division |  | 289 |  |  | 295 |  |  | 339 |
Taco Bell Division |  | 539 |  |  | 480 |  |  | 456 |
India |  | (19 | ) |  | (9 | ) |  | (15 | )
Unallocated restaurant costs(c) |  | — |  |  | (1 | ) |  | — |
Unallocated Franchise and License expenses(c)(j) |  | (71 | ) |  | — |  |  | — |
Unallocated and corporate expenses(c) |  | (204 | ) |  | (189 | ) |  | (207 | )
Unallocated Closures and impairment expense(c)(d) |  | — |  |  | (463 | ) |  | (295 | )
Unallocated Refranchising gain (loss)(c) |  | (10 | ) |  | 33 |  |  | 100 |
Unallocated Other income (expense)(c) |  | (37 | ) |  | (10 | ) |  | (6 | )
Operating Profit |  | 1,921 |  |  | 1,557 |  |  | 1,798 |
Interest expense, net(c)(e) |  | (134 | ) |  | (130 | ) |  | (247 | )
Income Before Income Taxes |  | $ | 1,787 |  |  | $ | 1,427 |  |  | $ | 1,551 |
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated |
|  | Depreciation and Amortization
|  | 2015 |  | 2014 |  | 2013
China |  | $ | 425 |  |  | $ | 411 |  |  | $ | 394 |
KFC Division |  | 176 |  |  | 187 |  |  | 190 |
Pizza Hut Division |  | 40 |  |  | 39 |  |  | 36 |
Taco Bell Division |  | 88 |  |  | 83 |  |  | 84 |
India |  | 10 |  |  | 10 |  |  | 9 |
Corporate |  | 8 |  |  | 9 |  |  | 8 |
|  | $ | 747 |  |  | $ | 739 |  |  | $ | 721 |
|  | Capital Spending
|  | 2015 |  | 2014 |  | 2013
China |  | $ | 512 |  |  | $ | 525 |  |  | $ | 568 |
KFC Division |  | 273 |  |  | 273 |  |  | 294 |
Pizza Hut Division |  | 54 |  |  | 62 |  |  | 52 |
Taco Bell Division |  | 116 |  |  | 143 |  |  | 100 |
India |  | 7 |  |  | 21 |  |  | 31 |
Corporate |  | 11 |  |  | 9 |  |  | 4 |
|  | $ | 973 |  |  | $ | 1,033 |  |  | $ | 1,049 |
|  | Identifiable Assets
|  | 2015 |  | 2014
China (f) |  | $ | 3,150 |  |  | $ | 3,202 |
KFC Division(i) |  | 2,181 |  |  | 2,328 |
Pizza Hut Division(i) |  | 707 |  |  | 710 |
Taco Bell Division(i) |  | 1,127 |  |  | 1,084 |
India |  | 84 |  |  | 118 |
Corporate(g)(i) |  | 826 |  |  | 892 |
|  | $ | 8,075 |  |  | $ | 8,334 |
|  | Long-Lived Assets(h)
|  | 2015 |  | 2014
China |  | $ | 2,033 |  |  | $ | 2,217 |
KFC Division |  | 1,663 |  |  | 1,823 |
Pizza Hut Division |  | 419 |  |  | 433 |
Taco Bell Division |  | 911 |  |  | 920 |
India |  | 35 |  |  | 72 |
Corporate |  | 55 |  |  | 51 |
|  | $ | 5,116 |  |  | $ | 5,516 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration