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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows - Operating Activities    
Net Income $ 1,024 $ 1,063
Depreciation and amortization [1] 139 120
Refranchising (gain) loss (33) (31)
Investment (income) expense, net [2],[3] (1) 21
Deferred income taxes 175 5
Share-based compensation expense 54 52
Changes in accounts and notes receivable 51 28
Changes in prepaid expenses and other current assets (8) (21)
Changes in accounts payable and other current liabilities (42) (46)
Changes in income taxes payable (31) (67)
Other, net 65 52
Net Cash Provided by Operating Activities 1,393 1,176
Cash Flows - Investing Activities    
Capital spending (236) (151)
Proceeds from Sale of Long-Term Investments 0 104
Proceeds from Sale of Productive Assets 53 48
Payments to Acquire Short-Term Investments 91 (91)
Other, net (16) 3
Net Cash Used in Investing Activities (208) (292)
Cash Flows - Financing Activities    
Repayments of long-term debt (957) (472)
Revolving credit facilities, three months or less, net (350) 205
Repurchase shares of Common Stock (374) (327)
Dividends paid on Common Stock (592) (565)
Other, net (57) (69)
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation (822) (991)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 29 10
Proceeds from long-term debt 1,493 237
Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 393 (97)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Beginning of Period 807 724
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - End of Period 1,200 627
Payments to Acquire Long-Term Investments (100)  
More than three months - proceeds 58 0
Repayments of Short-term Debt, Maturing in More than Three Months 43 0
Three months or less, net 0 0
KFC U.K. and Ireland Store Acquisition [Member]    
Cash Flows - Financing Activities    
Payments to Acquire Long-Term Investments 0 (174)
Other    
Cash Flows - Financing Activities    
Payments to Acquire Long-Term Investments $ (100) $ (31)
[1] The amounts of depreciation and amortization disclosed by reportable segment are primarily included within the segment expense captions of Company restaurant expenses and G&A expenses
[2] Amounts have not been allocated to any segment for performance reporting purposes.
[3] Investment income (expense), net includes $20 million of pre-tax investment losses related changes in fair value of our approximate 5% minority interest in Devyani International Limited prior to the date of sale during the year to date ended September 30, 2024.
(f)The United States and United Kingdom represented 10% or more of our total revenues for certain periods presented.