v3.26.1
Supplemental Balance Sheet Information (Tables)
6 Months Ended
Jun. 30, 2026
Supplemental Balance Sheet Information Disclosure [Abstract]  
Accounts and Notes Receivable
6/30/202612/31/2025
Accounts and notes receivable, gross$667 $901 
Allowance for doubtful accounts(45)(60)
Accounts and notes receivable, net$623 $841 
Schedule of Other Current Assets
6/30/202612/31/2025
Income tax receivable
$111 $114 
Restricted cash
187 192 
Prepaid expenses
127 119 
Other current assets
72 64 
Prepaid expenses and other current assets
$498 $489 
Property, Plant, and Equipment
6/30/202612/31/2025
Property, plant and equipment, gross$3,109 $3,091 
Accumulated depreciation and amortization(1,495)(1,485)
Property, plant and equipment, net$1,614 $1,605 
Schedule of Other Assets
Other Assets6/30/202612/31/2025
Operating lease right-of-use assets(a)
$1,177 $1,213 
Franchise incentives172 209 
Other281 286 
Other assets$1,629 $1,708 

(a)    Non-current operating lease liabilities of $1,139 million and $1,174 million as of June 30, 2026 and December 31, 2025, respectively, are included in Other liabilities and deferred credits in our Condensed Consolidated Balance Sheets.
Schedule of Cash and Cash Equivalents [Table Text Block]
6/30/202612/31/2025
Cash and cash equivalents as presented in Condensed Consolidated Balance Sheets$674 $709 
Restricted cash included in Prepaid expenses and other current assets(a)
187 192 
Restricted cash and restricted cash equivalents included in Other assets(b)
22 23 
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents as presented in Condensed Consolidated Statements of Cash Flows$884 $923 

(a)    Restricted cash within Prepaid expenses and other current assets reflects the cash related to advertising cooperatives which we consolidate that can only be used to settle obligations of the respective cooperatives and cash held in reserve for Taco Bell Securitization interest payments.

(b)    Primarily trust accounts related to our self-insurance program.