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Reportable Operating Segments (Tables) | 12 Months Ended
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Dec. 31, 2020
Segment Reporting [Abstract] |
Reconciliation of Revenue from Segments to Consolidated |
|  | Revenues
|  | 2020 |  | 2019 |  | 2018
KFC Division(a) |  | $ | 2,272 |  |  | $ | 2,491 |  |  | $ | 2,644 |
Pizza Hut Division(a) |  | 1,002 |  |  | 1,027 |  |  | 988 |
Taco Bell Division(a) |  | 2,031 |  |  | 2,079 |  |  | 2,056 |
Habit Burger Grill Division(a) |  | 347 |  |  | — |  |  | — |
|  | $ | 5,652 |  |  | $ | 5,597 |  |  | $ | 5,688 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated |
|  | Operating Profit
|  | 2020 |  | 2019 |  | 2018
KFC Division |  | $ | 922 |  |  | $ | 1,052 |  |  | $ | 959 |
Pizza Hut Division |  | 335 |  |  | 369 |  |  | 348 |
Taco Bell Division |  | 696 |  |  | 683 |  |  | 633 |
Habit Burger Grill Division |  | (22) |  |  | — |  |  | — |
Corporate and unallocated G&A expenses(b)(c) |  | (312) |  |  | (188) |  |  | (171) |
Unallocated Company restaurant expenses(b)(d) |  | — |  |  | — |  |  | 3 |
Unallocated Franchise and property expenses(b)(e) |  | (4) |  |  | (14) |  |  | (8) |
Unallocated Refranchising gain (loss)(b) |  | 34 |  |  | 37 |  |  | 540 |
Unallocated Other income (expense)(b)(f) |  | (146) |  |  | (9) |  |  | (8) |
Operating Profit |  | 1,503 |  |  | 1,930 |  |  | 2,296 |
Investment income (expense), net(b) |  | 74 |  |  | (67) |  |  | 9 |
Other pension income (expense)(b) |  | (14) |  |  | (4) |  |  | (14) |
Interest expense, net(b) |  | (543) |  |  | (486) |  |  | (452) |
Income before income taxes |  | $ | 1,020 |  |  | $ | 1,373 |  |  | $ | 1,839 |
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated |
|  | Depreciation and Amortization
|  | 2020 |  | 2019 |  | 2018
KFC Division |  | $ | 29 |  |  | $ | 30 |  |  | $ | 58 |
Pizza Hut Division |  | 24 |  |  | 15 |  |  | 10 |
Taco Bell Division |  | 56 |  |  | 59 |  |  | 61 |
Habit Burger Grill Division |  | 25 |  |  | — |  |  | — |
Corporate |  | 12 |  |  | 8 |  |  | 8 |
|  | $ | 146 |  |  | $ | 112 |  |  | $ | 137 |
|  | Capital Spending
|  | 2020 |  | 2019 |  | 2018
KFC Division |  | $ | 59 |  |  | $ | 81 |  |  | $ | 105 |
Pizza Hut Division |  | 28 |  |  | 33 |  |  | 38 |
Taco Bell Division |  | 42 |  |  | 76 |  |  | 85 |
Habit Burger Grill Division |  | 16 |  |  | — |  |  | — |
Corporate |  | 15 |  |  | 6 |  |  | 6 |
|  | $ | 160 |  |  | $ | 196 |  |  | $ | 234 |
|  | Identifiable Assets(h)
|  | 2020 |  | 2019 |  |
KFC Division |  | $ | 2,011 |  |  | $ | 2,042 |  |  |
Pizza Hut Division |  | 804 |  |  | 801 |  |  |
Taco Bell Division |  | 1,387 |  |  | 1,330 |  |  |
Habit Burger Grill Division |  | 537 |  |  | — |  |  |
Corporate(g) |  | 1,113 |  |  | 1,058 |  |  |
|  | $ | 5,852 |  |  | $ | 5,231 |  |  |
|  | Long-Lived Assets(i)
|  | 2020 |  | 2019 |  |
KFC Division |  | $ | 1,160 |  |  | $ | 1,179 |  |  |
Pizza Hut Division |  | 415 |  |  | 427 |  |  |
Taco Bell Division |  | 925 |  |  | 938 |  |  |
Habit Burger Grill Division |  | 458 |  |  | — |  |  |
Corporate |  | 68 |  |  | 42 |  |  |
|  | $ | 3,026 |  |  | $ | 2,586 |  |  |
(a)U.S. revenues included in the combined KFC, Pizza Hut, Taco Bell and Habit Burger Grill Divisions totaled $3.2 billion in 2020, $3.0 billion in 2019 and $2.9 billion in 2018. (b) Amounts have not been allocated to any segment for performance reporting purposes. (c) Amounts in 2020 include charitable contributions to Yum! Brands Foundation, Inc. of $50 million and $25 million related to our Unlocking Opportunity Initiative and COVID-19 employee relief, respectively. Additionally, 2020 includes $36 million for charges associated with resource optimization (See Note 5) and $9 million in costs associated with our acquisition and integration of Habit Burger Grill (See Note 3). (d) Represents depreciation reductions arising primarily from KFC restaurants that were held for sale. (e) Represents costs related to an agreement executed in 2015 with our KFC U.S. franchisees that gave us control of brand marketing execution as well as an accelerated path to expanded menu offerings, improved assets and enhanced customer experience (the “KFC U.S. Acceleration Agreement”). Also represents costs related to an agreement executed in May 2017 with our Pizza Hut U.S. franchisees to improve brand marketing alignment, accelerate enhancements in operations and technology and that included a permanent commitment to incremental advertising as well as digital and technology contributions by franchisees (the “Pizza Hut U.S. Transformation Agreement”). (f) Unallocated Other income (expense) in 2020 includes a charge of $144 million related to the impairment of Habit Burger Grill goodwill. See Note 5. (g) Primarily includes cash, deferred tax assets and, in 2019, our Grubhub investment. (h) U.S. identifiable assets included in the combined Corporate and KFC, Pizza Hut, Taco Bell and Habit Burger Grill Divisions totaled $3.0 billion and $2.7 billion in 2020 and 2019, respectively. (i) Includes PP&E, goodwill, intangible assets, net and Operating lease right-of-use assets.

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