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Goodwill and Intangible Assets
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
The changes in the carrying amount of goodwill are as follows:

 KFCTaco BellPizza HutHabit Burger & GrillWorldwide
Goodwill, net as of December 31, 2022(a)
$225 $98 $249 $66 $638 
Disposals and other, net(b)
1 — 3 — 4 
Goodwill, net as of December 31, 2023(a)
$226 $98 $252 $66 $642 
Acquisitions(c)
98 — — — 98 
Disposals and other, net(b)
(3)— (1)— (4)
Goodwill, net as of December 31, 2024(a)
$321 $98 $251 $66 $736 

(a)Goodwill, net includes $144 million of accumulated impairment losses related to our Habit Burger & Grill segment and $17 million of accumulated impairment losses related to our Pizza Hut segment for each year presented.

(b)Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising.

(c)Primarily relates to the acquisition from a franchisee of KFC restaurants in the U.K. and Ireland. See Note 3.

Intangible assets, net for the years ended 2024 and 2023 are as follows:

 
 20242023
 Gross Carrying AmountAccumulated AmortizationGross Carrying AmountAccumulated Amortization
Finite-lived intangible assets    
Capitalized software costs$479 $(266)$524 $(309)
Reacquired franchise rights59 (10)7 (3)
Franchise contract rights26 (24)78 (73)
Other20 (16)24 (19)
 $584 $(316)$633 $(404)
Indefinite-lived intangible assets
KFC trademark$31 $31 
Habit Burger & Grill brand asset96 96 
Other21 21 
$148 $148 
Amortization expense for all finite-lived intangible assets was $82 million in 2024, $74 million in 2023 and $68 million in 2022.  Amortization expense for finite-lived intangible assets, based on existing intangible assets as of December 31, 2024, is expected to approximate $89 million in 2025, $70 million in 2026, $53 million in 2027, $32 million in 2028 and $16 million in 2029.