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Reportable Operating Segments
6 Months Ended
Jun. 30, 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, while 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 6/30/2025
KFC DivisionTaco Bell DivisionPizza Hut DivisionHabit Burger & Grill DivisionTotal
Company Sales(a)
$245 $287 $$130 $669 
Franchise and property revenues(a)
437 248 147 835 
Franchise contributions for advertising and other services(a)
167 176 85 428 
849 711 239 134 1,933 
Less:
Company restaurant expenses216 217 116 557 
General and administrative expenses86 49 54 13 202 
Franchise and property expenses20 10 39 
Franchise advertising and other services expense162 176 90 428 
Other (income) expense— — (3)— (3)
Division Operating Profit
$365 $262 $80 $$709 
Unallocated amounts:(b)
Corporate and unallocated G&A expenses(c)
$(99)
Unallocated Company restaurant expenses(d)
(4)
Unallocated Franchise and property revenues
— 
Unallocated Refranchising gain (loss)11 
Unallocated Other income (expense)
Consolidated Operating Profit622 
Investment income (expense), net— 
Other pension income (expense)
Interest expense, net(123)
Income before income taxes$499 

Other Segment Disclosures
KFC DivisionTaco Bell DivisionPizza Hut DivisionHabit Burger & Grill DivisionCorporate and UnallocatedTotal
Depreciation and Amortization(e)
$11 $16 $$$$44 
Capital Spending19 18 10 12 12 71