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Revenue Recognition Accounting Policy (Tables)

3 Months Ended

6 Months Ended

Jun. 30, 2019

Jun. 30, 2018

Jun. 30, 2019

Jun. 30, 2018

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

Disaggregation of Revenue [Table Text Block]

The following tables disaggregate 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 6/30/2019
		KFC Division				Pizza Hut Division				Taco Bell Division				Total
U.S.
Company sales		$	18			$	5			$	212			$	235
Franchise revenues		41				67				140				248
Property revenues		5				1				11				17
Franchise contributions for advertising and other services		3				78				109				190
China
Franchise revenues		52				15				—				67
Other
Company sales		117				6				1				124
Franchise revenues		218				60				7				285
Property revenues		16				—				—				16
Franchise contributions for advertising and other services		114				14				—				128
		$	584			$	246			$	480			$	1,310

	Quarter ended 6/30/2018
		KFC Division				Pizza Hut Division				Taco Bell Division				Total
U.S.
Company sales		$	16			$	11			$	252			$	279
Franchise revenues		40				63				123				226
Property revenues		5				1				6				12
Franchise contributions for advertising and other services		2				60				97				159
China
Franchise revenues		49				15				—				64
Other
Company sales		225				7				1				233
Franchise revenues		198				61				5				264
Property revenues		18				—				—				18
Franchise contributions for advertising and other services		98				15				—				113
		$	651			$	233			$	484			$	1,368

	Year to date ended 6/30/2019
		KFC Division				Pizza Hut Division				Taco Bell Division				Total
U.S.
Company sales		$	34			$	10			$	408			$	452
Franchise revenues		79				134				268				481
Property revenues		11				3				21				35
Franchise contributions for advertising and other services		5				152				213				370
China
Franchise revenues		108				30				—				138
Other
Company sales		226				12				2				240
Franchise revenues		423				120				13				556
Property revenues		34				1				—				35
Franchise contributions for advertising and other services		230				27				—				257
		$	1,150			$	489			925				$	2,564

	Year to date ended 6/30/2018
		KFC Division				Pizza Hut Division				Taco Bell Division				Total
U.S.
Company sales		$	33			$	25			$	494			552
Franchise revenues		78				132				240				450
Property revenues		11				2				11				24
Franchise contributions for advertising and other services		4				125				188				317
China
Franchise revenues		103				31				—				134
Other
Company sales		453				17				2				472
Franchise revenues		388				123				11				522
Property revenues		37				1				—				38
Franchise contributions for advertising and other services		202				28				—				230
		$	1,309			$	484			$	946			$	2,739

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		(33		)
Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period		38
Balance at June 30, 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	57
2 - 3 years	52
3 - 4 years	48
4 - 5 years	43
Thereafter	158
Total	$	419

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- Definition

Tabular disclosure of the type of arrangements and the corresponding amounts that comprise the current and noncurrent balance of deferred revenue as of the balance sheet date.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
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+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
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