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v3.21.1

Revenue Recognition Accounting Policy (Tables) | 3 Months Ended
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Mar. 31, 2021 | Mar. 31, 2020
Revenue Recognition and Deferred Revenue [Abstract] |  |
Disaggregation of Revenue [Table Text Block] |
| Quarter ended 3/31/2021
|  | KFC Division |  | Pizza Hut Division |  | Taco Bell Division |  | Habit Burger Grill Division |  | Total
U.S. |  |  |  |  |  |  |  |  |  |
Company sales |  | $ | 14 |  |  | $ | 5 |  |  | $ | 208 |  |  | $ | 121 |  |  | $ | 348 |
Franchise revenues |  | 44 |  |  | 67 |  |  | 144 |  |  | 1 |  |  | 256 |
Property revenues |  | 4 |  |  | — |  |  | 10 |  |  | — |  |  | 14 |
Franchise contributions for advertising and other services |  | 6 |  |  | 79 |  |  | 117 |  |  | — |  |  | 202 |
China |  |  |  |  |  |  |  |  |  |
Franchise revenues |  | 62 |  |  | 16 |  |  | — |  |  | — |  |  | 78 |
Other |  |  |  |  |  |  |  |  |  |
Company sales |  | 119 |  |  | 9 |  |  | — |  |  | — |  |  | 128 |
Franchise revenues |  | 230 |  |  | 57 |  |  | 8 |  |  | — |  |  | 295 |
Property revenues |  | 14 |  |  | 1 |  |  | — |  |  | — |  |  | 15 |
Franchise contributions for advertising and other services |  | 132 |  |  | 17 |  |  | 1 |  |  | — |  |  | 150 |
|  | $ | 625 |  |  | $ | 251 |  |  | $ | 488 |  |  | $ | 122 |  |  | $ | 1,486 |
|  | Quarter ended 3/31/2020
|  | KFC Division |  | Pizza Hut Division |  | Taco Bell Division |  | Habit Burger Grill Division |  | Total
U.S. |  |  |  |  |  |  |  |  |  |
Company sales |  | $ | 16 |  |  | $ | 5 |  |  | $ | 198 |  |  | $ | 9 |  |  | $ | 228 |
Franchise revenues |  | 38 |  |  | 62 |  |  | 131 |  |  | — |  |  | 231 |
Property revenues |  | 4 |  |  | 1 |  |  | 10 |  |  | — |  |  | 15 |
Franchise contributions for advertising and other services |  | 4 |  |  | 70 |  |  | 107 |  |  | — |  |  | 181 |
China |  |  |  |  |  |  |  |  |  |
Franchise revenues |  | 47 |  |  | 10 |  |  | — |  |  | — |  |  | 57 |
Other |  |  |  |  |  |  |  |  |  |
Company sales |  | 114 |  |  | 13 |  |  | — |  |  | — |  |  | 127 |
Franchise revenues |  | 212 |  |  | 59 |  |  | 7 |  |  | — |  |  | 278 |
Property revenues |  | 14 |  |  | 1 |  |  | — |  |  | — |  |  | 15 |
Franchise contributions for advertising and other services |  | 117 |  |  | 14 |  |  | — |  |  | — |  |  | 131 |
|  | $ | 566 |  |  | $ | 235 |  |  | $ | 453 |  |  | $ | 9 |  |  | $ | 1,263 |
Deferred Franchise Fees [Table Text Block] |
|  | Deferred Franchise Fees
Balance at December 31, 2020 |  | $ | 415 |
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 |  | 12 |
Other(a) |  | (3) |
Balance at March 31, 2021 |  | $ | 407 |
(a) Primarily includes impact of foreign currency translation. |
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 | $ | 64 |  |
1 - 2 years | 59 |  |
2 - 3 years | 54 |  |
3 - 4 years | 49 |  |
4 - 5 years | 43 |  |
Thereafter | 138 |  |
Total | $ | 407 |  |

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