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Fair Value Disclosures (Details) - USD ($) shares in Millions, $ in Millions | Sep. 30, 2020 | Dec. 31, 2019
--- | --- | ---
Unsecured Debt [Member] | Subsidiary Senior Unsecured Notes [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Senior Notes, Noncurrent |  | $ 1,800 | $ 2,850
Unsecured Debt [Member] | Subsidiary Senior Unsecured Notes [Member] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Long-term Debt, Fair Value | [1] | 1,908 | 3,004
Unsecured Debt [Member] | YUM Senior Unsecured Notes [Member] [Domain] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Senior Notes, Noncurrent |  | 4,075 | 2,425
Unsecured Debt [Member] | YUM Senior Unsecured Notes [Member] [Domain] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Long-term Debt, Fair Value | [1] | 4,382 | 2,572
Secured Debt [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Senior Notes, Noncurrent |  | 2,876 | 2,898
Secured Debt [Member] | Securitization Notes [Member] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Long-term Debt, Fair Value | [2] | 3,000 | 3,040
Secured Debt [Member] | Term Loan A Facility [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Debt obligations, excluding capital leases, carrying amount |  | 441 | 463
Secured Debt [Member] | Term Loan A Facility [Member] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Long-term Debt, Fair Value | [1] | 437 | 464
Secured Debt [Member] | Term Loan B Facility [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Debt obligations, excluding capital leases, carrying amount |  | 1,920 | 1,935
Secured Debt [Member] | Term Loan B Facility [Member] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Long-term Debt, Fair Value | [1] | 1,898 | 1,949
Other Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Investments, Fair Value Disclosure |  | 40 | 43
Other Assets [Member] | Interest Rate Swap [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative Liability, Fair Value, Gross Asset |  | 0 | 3
Other Current Liabilities [Member] | Interest Rate Swap [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative Liability, Fair Value, Gross Liability |  | 21 | 0
Prepaid Expenses and Other Current Assets [Member] | Interest Rate Swap [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative Liability, Fair Value, Gross Asset |  | 0 | 6
Prepaid Expenses and Other Current Assets [Member] | Foreign Exchange Forward [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative Liability, Fair Value, Gross Asset |  | 2 | 0
Other Noncurrent Liabilities [Member] | Interest Rate Swap [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Derivative Liability, Fair Value, Gross Liability |  | $ 139 | 71
GrubHub Inc. [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Investment Owned, Balance, Shares |  | 2.8 |
GrubHub Inc. [Member] | Other Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Equity Securities, FV-NI | [3] | $ 0 | 137
GrubHub Inc. [Domain] | Prepaid Expenses and Other Current Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |
Equity Securities, FV-NI |  | $ 0 | $ 137
[1] | 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.
[2] | We estimated the fair value of the Securitization Notes using market quotes and calculations. The markets in which the Securitization Notes trade are not considered active markets.
[3] | (a) In the quarter ended September 30, 2020 we sold our entire investment in Grubhub, Inc. common stock and received proceeds of $206 million.

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