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Goodwill and Intangible Assets
 12 Months Ended
Dec. 26, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets
Goodwill and Intangible Assets

The changes in the carrying amount of goodwill are as follows:

 
 
China
 
KFC
 
Pizza Hut
 
Taco Bell
 
India
 
Worldwide
Balance as of December 28, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, gross
 
$
478

 
$
338

 
204

 
$
106

 
2

 
$
1,128

Accumulated impairment losses(a)
 
(222
)
 
—

 
(17
)
 
—

 
—

 
(239
)
Goodwill,net
 
256

 
338

 
187

 
106

 
2

 
889

Acquisitions
 
—

 
2

 
—

 
8

 
—

 
10

Impairment Losses(a)
 
(160
)
 
—

 
—

 
—

 
—

 
(160
)
Disposals and other, net(b)
 
(7
)
 
(28
)
 
(4
)
 
—

 
—

 
(39
)
Balance as of December 27, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, gross
 
471

 
312

 
200

 
114

 
2

 
1,099

Accumulated impairment losses(a)
 
(382
)
 
—

 
(17
)
 
—

 
—

 
(399
)
Goodwill, net
 
89

 
312

 
183

 
114

 
2

 
700

Acquisitions
 
—

 
1

 
—

 
1

 
—

 
2

Disposals and other, net(b)
 
(4
)
 
(32
)
 
(7
)
 
(2
)
 
(1
)
 
(46
)
Balance as of December 26, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill, gross
 
467

 
281

 
193

 
113

 
1

 
1,055

Accumulated impairment losses(a)
 
(382
)
 
—

 
(17
)
 
—

 
—

 
(399
)
Goodwill, net
 
$
85

 
$
281

 
$
176

 
$
113

 
$
1

 
$
656


(a)
China Accumulated impairment losses represent Little Sheep impairment, of which $160 million was recorded in 2014. See Note 4.

(b)
Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising.



Intangible assets, net for the years ended 2015 and 2014 are as follows:
 
 
 
2015
 
2014
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Definite-lived intangible assets
 
 
 
 
 
 
 
 
Reacquired franchise rights
 
$
168

 
$
(91
)
 
$
186

 
$
(81
)
Franchise contract rights
 
123

 
(94
)
 
126

 
(92
)
Lease tenancy rights
 
57

 
(10
)
 
67

 
(12
)
Favorable operating leases
 
11

 
(7
)
 
15

 
(9
)
Other
 
54

 
(27
)
 
52

 
(25
)
 
 
$
413

 
$
(229
)
 
$
446

 
$
(219
)
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets
 
 
 
 
 
 
 
 
KFC trademark
 
$
31

 
 
 
$
31

 
 
Little Sheep trademark
 
56

 
 
 
60

 
 
 
 
$
87

 
 
 
$
91

 
 


Amortization expense for all definite-lived intangible assets was $26 million in 2015, $27 million in 2014 and $28 million in 2013.  Amortization expense for definite-lived intangible assets will approximate $21 million in 2016, $21 million in 2017, $19 million in 2018, $18 million in 2019 and $17 million in 2020.