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Revenue Recognition Accounting Policy
 9 Months Ended
Sep. 30, 2022
Revenue Recognition and Deferred Revenue [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of Total Revenues

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 9/30/2022
KFC DivisionTaco Bell DivisionPizza Hut DivisionHabit Burger Grill DivisionTotal
U.S.
Company sales$16 $234 $4 $129 $383 
Franchise revenues47 173 65 — 285 
Property revenues4 10 1 1 16 
Franchise contributions for advertising and other services7 136 72 1 216 
China
Franchise revenues61 — 17 — 78 
Other
Company sales96 — — — 96 
Franchise revenues291 13 62 — 366 
Property revenues15 — — — 15 
Franchise contributions for advertising and other services167 2 16 — 185 
$704 $568 $237 $131 $1,640 

Quarter ended 9/30/2021
KFC DivisionTaco Bell DivisionPizza Hut DivisionHabit Burger Grill DivisionTotal
U.S.
Company sales$15 $225 $5 $132 $377 
Franchise revenues46 156 63 1 266 
Property revenues3 11 2 — 16 
Franchise contributions for advertising and other services7 130 70 — 207 
China
Franchise revenues61 — 16 — 77 
Other
Company sales128 — 8 — 136 
Franchise revenues265 10 66 — 341 
Property revenues16 — — — 16 
Franchise contributions for advertising and other services151 2 17 — 170 
$692 $534 $247 $133 $1,606 
Year to date 9/30/2022
KFC DivisionTaco Bell DivisionPizza Hut DivisionHabit Burger Grill DivisionTotal
U.S.
Company sales$47 $691 $14 $390 $1,142 
Franchise revenues139 508 193 3 843 
Property revenues10 31 3 1 45 
Franchise contributions for advertising and other services20 401 216 1 638 
China
Franchise revenues170 — 46 — 216 
Other
Company sales306 — — — 306 
Franchise revenues834 35 195 — 1,064 
Property revenues42 — 1 — 43 
Franchise contributions for advertising and other services473 5 48 — 526 
$2,041 $1,671 $716 $395 $4,823 
Year to date 9/30/2021
KFC DivisionTaco Bell DivisionPizza Hut DivisionHabit Burger Grill DivisionTotal
U.S.
Company sales$45 $656 $15 $391 $1,107 
Franchise revenues138 460 197 3 798 
Property revenues10 31 4 — 45 
Franchise contributions for advertising and other services20 375 223 — 618 
China
Franchise revenues181 — 48 — 229 
Other
Company sales378 — 24 — 402 
Franchise revenues750 27 185 — 962 
Property revenues45 — 1 — 46 
Franchise contributions for advertising and other services432 5 50 — 487 
$1,999 $1,554 $747 $394 $4,694 
Contract Liabilities

Our contract liabilities are comprised of unamortized upfront fees received from franchisees and are presented within Accounts payable and other current liabilities and Other liabilities and deferred credits in our Condensed Consolidated Balance Sheets. A summary of significant changes to the contract liability balance during 2022 is presented below.
Deferred Franchise Fees
Balance at December 31, 2021$421 
Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period(57)
Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period65 
Deferred franchise fees related to KFC Russia reclassified to liabilities held-for-sale(20)
Other(a)
(5)
Balance at September 30, 2022$404 

(a)    Primarily includes impact of foreign currency translation.

We expect to recognize contract liabilities as revenue over the remaining term of the associated franchise agreement as follows:

Less than 1 year$63 
1 - 2 years60 
2 - 3 years54 
3 - 4 years49 
4 - 5 years43 
Thereafter135 
Total$404