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Shareholders' Equity | 12 Months Ended
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Dec. 31, 2018
Stockholders' Equity Note [Abstract] |
Shareholders' Equity | Shareholders’ Deficit Under the authority of our Board of Directors, we repurchased shares of our Common Stock during 2018, 2017 and 2016. All amounts exclude applicable transaction fees.
|  | Shares Repurchased (thousands) |  |  | Dollar Value of Shares Repurchased |
Authorization Date |  | 2018 |  |  |  | 2017 |  |  |  | 2016 |  |  |  | 2018 |  |  |  | 2017 |  |  |  | 2016 |  |
August 2018 |  | 10,003 |  |  |  | — |  |  |  | — |  |  |  | $ | 894 |  |  |  | $ | — |  |  |  | $ | — |  |
November 2017 |  | 18,240 |  |  |  | — |  |  |  | — |  |  |  | 1,500 |  |  |  | — |  |  |  | — |  |
November 2016 |  | — |  |  |  | 26,561 |  |  |  | 1,337 |  |  |  | — |  |  |  | 1,915 |  |  |  | 85 |  |
May 2016 |  | — |  |  |  | — |  |  |  | 50,435 |  |  |  | — |  |  |  | — |  |  |  | 4,200 |  |
March 2016 |  | — |  |  |  | — |  |  |  | 2,823 |  |  |  | — |  |  |  | — |  |  |  | 229 |  |
December 2015 |  | — |  |  |  | — |  |  |  | 13,368 |  |  |  | — |  |  |  | — |  |  |  | 933 |  |
Total |  | 28,243 |  | (a) |  | 26,561 |  | (b) |  | 67,963 |  | (b) |  | $ | 2,394 |  | (a) |  | $ | 1,915 |  | (b) |  | $ | 5,447 |  | (b)
(a) | Includes the effect of $5 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2018 but settlement dates subsequent to December 31, 2018.
(b) | 2017 amount excludes and 2016 amount includes the effect of $45 million in share repurchases (0.7 million shares) with trade dates prior to December 31, 2016 but settlement dates subsequent to December 31, 2016.
On August 10, 2018, our Board of Directors authorized share repurchases through December 2019 of up to $2 billion (excluding applicable transaction fees) of our outstanding Common Stock. As of December 31, 2018, we have remaining capacity to repurchase up to $1.1 billion of Common Stock under this authorization. Changes in AOCI are presented below.
|  | Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature(a) |  | Pension and Post-Retirement Benefits(b) |  | Derivative Instruments(c) |  | Total
Balance at December 31, 2016, net of tax |  | $ | (336 | ) |  | $ | (127 | ) |  | $ | 5 |  |  | $ | (458 | )
OCI, net of tax |  |  |  |  |  |  |  |
Gains (losses) arising during the year classified into AOCI, net of tax |  | 107 |  |  | (13 | ) |  | (51 | ) |  | 43 |
(Gains) losses reclassified from AOCI, net of tax |  | 55 |  |  | 34 |  |  | 55 |  |  | 144 |
|  | 162 |  |  | 21 |  |  | 4 |  |  | 187 |
Balance at December 31, 2017, net of tax |  | $ | (174 | ) |  | $ | (106 | ) |  | $ | 9 |  |  | $ | (271 | )
Adoption of accounting standards |  | 21 |  | (d) | (17 | ) | (e) | (2 | ) | (e) | 2 |
OCI, net of tax |  |  |  |  |  |  |  |
Gains (losses) arising during the year classified into AOCI, net of tax |  | (88 | ) |  | 24 |  |  | 20 |  |  | (44 | )
(Gains) losses reclassified from AOCI, net of tax |  | (4 | ) |  | 17 |  |  | (34 | ) |  | (21 | )
|  | (92 | ) |  | 41 |  |  | (14 | ) |  | (65 | )
Balance at December 31, 2018, net of tax |  | $ | (245 | ) |  | $ | (82 | ) |  | $ | (7 | ) |  | $ | (334 | )
(a) | Amounts reclassified from AOCI are due to substantially complete liquidations of foreign entities related to the KFC and Pizza Hut Brazil refranchising transactions during 2018 and KFC Turkey, Pizza Hut Turkey, Pizza Hut Thailand and Pizza Hut Korea refranchising transactions during 2017.
(b) | Amounts reclassified from AOCI for pension and post-retirement benefit plan losses during 2018 include amortization of net losses of $17 million, amortization of prior service cost of $5 million and related income tax benefit of $5 million. Amounts reclassified from AOCI for pension and post-retirement benefit plan losses during 2017 include amortization of net losses of $5 million, historical pension data adjustment of $22 million, settlement charges of $20 million, amortization of prior service cost of $5 million and related income tax benefit of $18 million. See Note 14.
(c) | See Note 12 for details on amounts reclassified from AOCI.
(d) | Represents the impact of foreign currency translation from the adoption of Topic 606. See Notes 2 and 5.
(e) During the quarter ended March 31, 2018, we adopted a standard that allows for the reclassification from AOCI to Accumulated deficit for stranded tax effects resulting from the Tax Act. See Note 2.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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