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Short-term Borrowings and Long-term Debt (Details) $ in Millions | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Mar. 31, 2018 USD ($) Rate | Mar. 31, 2017 USD ($) | Sep. 30, 2017 | Dec. 31, 2017 USD ($)
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Capital lease obligations |  | $ 103 |  |  | $ 105
Long-term debt and capital less obligations, including current maturities and debt issuance costs |  | 9,569 |  |  | 9,901
Less Debt Issuance Costs, Noncurrent, Net |  | (83) |  |  | (86)
Less current maturities of long-term debt |  | (67) |  |  | (386)
Long-term debt |  | 9,419 |  |  | 9,429
Other |  | 5 |  |  | 0
Short-term Debt, including debt issuance costs |  | 72 |  |  | 386
Short-term borrowings |  | 61 |  |  | 375
Less current portion of debt issuance costs and discounts |  | (11) |  |  | (11)
Interest Income (Expense), Net |  | (107) | $ (110) |  |
Interest Paid |  | 71 | $ 68 |  |
Revolving Credit Facility [Member] | Letter of Credit [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Letters of Credit Outstanding, Amount |  | 8 |  |  |
Unsecured Debt [Member] | Existing [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Senior Notes | [1] | 1,875 |  |  | 2,200
Repayments of Debt |  | 325 |  |  |
Unsecured Debt [Member] | Subsidiary Senior Unsecured Notes [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Senior Notes | [2] | 2,850 |  |  | 2,850
Secured Debt [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Senior Notes |  | 2,271 |  |  | 2,271
Secured Debt [Member] | Securitization Notes [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Senior Notes | [3] | 2,271 |  |  | 2,271
Secured Debt [Member] | Term Loan A Facility [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Long-term Debt | [2] | 500 |  |  | 500
Secured Debt [Member] | Revolving Credit Facility [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | 1,000 |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | 0 |  |  |
Secured Debt [Member] | Term Loan B Facility [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Debt Instrument, Maturity Date |  |  |  | Apr. 03, 2025 |
Long-term Debt | [2] | $ 1,970 |  |  | $ 1,975
Amount of basis points Term Loan B interest rate reduced by due to repricing |  | 25 |  |  |
London Interbank Offered Rate (LIBOR) [Member] | Secured Debt [Member] | Term Loan B Facility [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate | Rate |  | 1.75% |  |  |
Base Rate [Member] | Secured Debt [Member] | Term Loan B Facility [Member] |  |  |  |  |
Short-term Borrowings and Long-term Debt [Line Items] |  |  |  |  |
Debt Instrument, Basis Spread on Variable Rate | Rate |  | 0.75% |  |  |
[1] | During the quarter, we repaid $325 million in YUM Senior Unsecured Notes that matured in March 2018.
[2] | We estimated the fair value of the YUM and Subsidiary Senior Unsecured Notes, Term Loan A Facility, and Term Loan B Facility using market quotes and calculations based on market rates.
[3] | We estimated the fair value of the Securitization Notes by obtaining broker quotes from two separate brokerage firms that are knowledgeable about the Company’s Securitization Notes and, at times, trade these notes. The markets in which the Securitization Notes trade are not considered active markets.

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