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Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Lease, Cost
202420232022
Operating lease cost$135 $130 $133 
Finance lease cost
Amortization of right-of-use assets7 6 7 
Interest on lease liabilities2 2 3 
Total finance lease cost$9 $8 $10 
Sublease income$(48)$(51)$(55)
Condensed Cash Flow Statement
20242023
2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$137 $127 $137 
Operating cash flows from finance leases2 2 3 
Financing cash flows from finance leases8 7 5 
Right-of-use assets obtained in exchange for lease obligations(a)
Operating leases247 127 93 
Finance leases26 6 10 
Operating lease liabilities transferred through refranchising(8)(14)(14)
Finance lease and other debt obligations transferred through refranchising (1)(5)— 

(a)    The year ended December 31, 2024, includes $124 million and $22 million of operating and finance lease right-of-use assets, respectively, acquired as part of the U.K. and Ireland restaurant acquisition (see Note 3).
Condensed Balance Sheet
20242023Consolidated Balance Sheet
Assets
Operating lease right-of-use assets$881 $764 Other assets
Finance lease right-of-use assets49 29 Property, plant and equipment, net
Total right-of-use assets(a)
$930 $793 
Liabilities
Current
Operating$91 $79 Accounts payable and other current liabilities
Finance8 8 Short-term borrowings
Non-current
Operating862 757 Other liabilities and deferred credits
Finance59 42 Long-term debt
Total lease liabilities(a)
$1,020 $886 
Weighted-average Remaining Lease Term (in years)
Operating leases10.910.6
Finance leases14.811.4
Weighted-average Discount Rate
Operating leases5.3 %5.3 %
Finance leases5.5 %5.7 %

(a)    U.S. operating lease right-of-use assets and liabilities totaled $549 million and $615 million, respectively, as of December 31, 2024, and $541 million and $605 million, respectively, as of December 31, 2023. These amounts primarily related to Taco Bell U.S. and Habit Burger & Grill including leases related to Company-operated restaurants, leases related to franchise-operated restaurants we sublease and the Taco Bell and Habit Burger & Grill restaurant support center.
Future minimum commitments and amounts to be received as lessor or sublessor under non-cancelable leases
Future minimum lease payments, including rental payments for lease renewal options we are reasonably certain to exercise, and amounts to be received as lessor or sublessor as of December 31, 2024, were as follows:

CommitmentsLease Receivables
FinanceOperatingDirect FinancingOperating
2025$11 $137 $3 $70 
20269 142 3 60 
20278 134 2 60 
20287 123 2 53 
20296 110 2 49 
Thereafter50 618 14 340 
Total lease payments/receipts91 1,264 26 $632 
Less imputed interest/unearned income(24)(311)(9)
Total lease liabilities/receivables$67 $953 $17