The balance on the consolidated balance sheets are amounts primarily related to customers, vendors, and franchisees. As of December 27, 2025 and December 28, 2024, the gross amount of current accounts and notes receivable including advertising fund receivables was $170 million and $183 million (as restated), respectively. The current allowance for credit losses for these periods was $31 million and $28 million (as restated), respectively. The gross amount of non-current notes receivable was $2 million and $3 million as of December 27, 2025 and December 28, 2024, respectively. The non-current allowance for credit losses for these periods was less than $1 million as of December 27, 2025 and December 28, 2024.


(in thousands)
Balance as of December 30, 2023, as restated	$	23,113
Bad debt expense, as restated	8,816
Write-off of uncollectible receivables, as restated	(3,758)
Balance at December 28, 2024, as restated	$	28,171
Bad debt expense, net of recoveries	18,391
Write-off of uncollectible receivables	(14,847)
Balance at December 27, 2025	$	31,715