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Reportable Operating Segments (Tables) | 3 Months Ended
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Mar. 31, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following tables summarize Revenues and Operating Profit for each of our reportable operating segments:
| Quarter ended |  |
Revenues | 2022 |  | 2021 |  |  |  |
KFC Division | $ | 660 |  |  | $ | 625 |  |  |  |  |
Taco Bell Division | 517 |  |  | 488 |  |  |  |  |
Pizza Hut Division | 244 |  |  | 251 |  |  |  |  |
Habit Burger Grill Division | 126 |  |  | 122 |  |  |  |  |
| $ | 1,547 |  |  | $ | 1,486 |  |  |  |  |
| Quarter ended |  |
Operating Profit | 2022 |  | 2021 |  |  |  |
KFC Division | $ | 291 |  |  | $ | 300 |  |  |  |  |
Taco Bell Division | 185 |  |  | 178 |  |  |  |  |
Pizza Hut Division | 102 |  |  | 102 |  |  |  |  |
Habit Burger Grill Division | (8) |  |  | — |  |  |  |  |
Corporate and unallocated G&A expenses | (71) |  |  | (50) |  |  |  |  |
Unallocated Company restaurant expenses | — |  |  | — |  |  |  |  |
Unallocated Franchise and property expenses | — |  |  | — |  |  |  |  |
Unallocated Refranchising gain (loss) | 4 |  |  | 15 |  |  |  |  |
Unallocated Other income (expense) | 6 |  |  | (2) |  |  |  |  |
Operating Profit | $ | 509 |  |  | $ | 543 |  |  |  |  |
Investment income (expense), net(a) | 7 |  |  | — |  |  |  |  |
Other pension income (expense) | — |  |  | (3) |  |  |  |  |
Interest expense, net(b) | (118) |  |  | (131) |  |  |  |  |
Income before income taxes | $ | 398 |  |  | $ | 409 |  |  |  |  |
Our chief operating decision maker (“CODM”) does not consider the impact of Corporate and unallocated amounts when assessing Divisional segment performance. As such, we do not allocate such amounts to our Divisional segments for performance reporting purposes. (a)Includes changes in the value of our investment in Devyani International Limited (see Note 12). (b)Includes fees expensed and unamortized debt-issuance costs written off totaling $12 million related to the refinancing of the Credit Agreement (as described within our 2021 Form 10-K) during the quarter ended March 31, 2021.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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