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Reportable Operating Segments | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Reportable Operating Segments | Reportable Operating Segments The Company's operating segments maintain separate financial information, and our Chief Operating Decision Maker (“CODM”), the Company's Chief Executive Officer, evaluates the operating segments' operating results on a regular basis in deciding how to allocate resources among the segments and in assessing segment performance. The CODM evaluates the performance of the Company's segments based on Divisional Operating Profit and is involved in determining and reviewing forecasted Divisional Operating Profit as part of the annual plan process. Throughout the year, the CODM considers forecast to actual results and variances on a monthly and quarterly basis to allocate resources for the segments' operations. The CODM also considers this information in determining how to prioritize capital allocation, including investments in restaurant development, technology and human capital, maintaining a strong and flexible balance sheet, offering a competitive dividend and returning excess cash to shareholders. Our CODM manages assets on a consolidated basis. Accordingly, segment assets are not reported to our CODM or used in his decisions to allocate resources or assess performance of the segments. Therefore, total segment assets and long-lived assets have not been disclosed. The significant expense categories and amounts presented in the tables below align with the segment-level information that is regularly provided to the CODM.
|  | Quarter ended 3/31/2025
|  | KFC Division |  | Taco Bell Division |  | Pizza Hut Division |  | Habit Burger & Grill Division |  | Total
Company Sales(a) |  | $ | 216 |  |  | $ | 263 |  |  | $ | 3 |  |  | $ | 125 |  |  | $ | 607 |
Franchise and property revenues(a) |  | 407 |  |  | 234 |  |  | 143 |  |  | 2 |  |  | 786 |
Franchise contributions for advertising and other services(a) |  | 149 |  |  | 160 |  | 85 |  | 1 |  | 395 |
|  | 773 |  |  | 657 |  |  | 231 |  |  | 128 |  |  | 1,788 |
Less: |  |  |  |  |  |  |  |  |  |
Company restaurant expenses |  | 196 |  |  | 204 |  |  | 4 |  |  | 114 |  |  | 518 |
General and administrative expenses |  | 80 |  |  | 49 |  |  | 55 |  |  | 13 |  |  | 197 |
Franchise and property expenses |  | 16 |  |  | 6 |  |  | 11 |  |  | 1 |  |  | 34 |
Franchise advertising and other services expense |  | 149 |  |  | 157 |  |  | 89 |  |  | 1 |  |  | 396 |
Other (income) expense |  | — |  |  | — |  |  | (2) |  |  | — |  |  | (2) |
Division Operating Profit |  | $ | 331 |  |  | $ | 241 |  |  | $ | 74 |  |  | $ | (1) |  |  | $ | 646 |
Unallocated amounts:(b) |  |  |  |  |  |  |  |  |  |
Corporate and unallocated G&A expenses(c) |  |  |  |  |  |  |  |  |  | $ | (105) |
Unallocated Company restaurant expenses(d) |  |  |  |  |  |  |  |  |  | (3) |
Unallocated Franchise and property revenues |  |  |  |  |  |  |  |  |  | (1) |
Unallocated Refranchising gain (loss) |  |  |  |  |  |  |  |  |  | 5 |
Unallocated Other income (expense) |  |  |  |  |  |  |  |  |  | 6 |
Consolidated Operating Profit |  |  |  |  |  |  |  |  |  | 548 |
Investment income (expense), net |  |  |  |  |  |  |  |  |  | 1 |
Other pension income (expense) |  |  |  |  |  |  |  |  |  | — |
Interest expense, net |  |  |  |  |  |  |  |  |  | (120) |
Income before income taxes |  |  |  |  |  |  |  |  |  | $ | 429 |
Other Segment Disclosures
|  | KFC Division |  | Taco Bell Division |  | Pizza Hut Division |  | Habit Burger & Grill Division |  | Corporate and Unallocated |  | Total
Depreciation and Amortization(e) |  | $ | 11 |  |  | $ | 16 |  |  | $ | 4 |  |  | $ | 7 |  |  | $ | 7 |  |  | $ | 45 |
Capital Spending |  | 18 |  |  | 31 |  |  | 5 |  |  | 6 |  |  | 11 |  |  | 71 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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