Revenue Recognition Accounting Policy (Tables)

3 Months Ended

Mar. 31, 2019

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]

Disaggregation of Revenue [Table Text Block]

The following table disaggregates revenue by Concept, for our two most significant markets based on Operating Profit and for all other markets. We believe this disaggregation best reflects the extent to which the nature, amount, timing and uncertainty of our revenues and cash flows are impacted by economic factors.



	Quarter ended 3/31/2019
		KFC Division		Pizza Hut Division		Taco Bell Division		Total
U.S.
Company sales		$	16	$	5	$	196	$	217
Franchise revenues		38		67		128		233
Property revenues		6		2		10		18
Franchise contributions for advertising and other services		2		74		104		180

China
Franchise revenues		56		15		—		71

Other
Company sales		109		6		1		116
Franchise revenues		205		60		6		271
Property revenues		18		1		—		19
Franchise contributions for advertising and other services		116		13		—		129
		$	566	$	243	$	445	$	1,254

Deferred Franchise Fees [Table Text Block]

A summary of significant changes to the contract liability balance during 2019 is presented below.



	Deferred Franchise Fees
Balance at December 31, 2018	$	414
Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period	(17		)
Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period	22
Balance at March 31, 2019	$	419

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]

We expect to recognize contract liabilities as revenue over the remaining term of the associated franchise agreement as follows:



Less than 1 year	$	61
1 - 2 years	56
2 - 3 years	52
3 - 4 years	48
4 - 5 years	43
Thereafter	159
Total	$	419