v3.26.1
Revenue Recognition Accounting Policy (Tables)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Revenue Recognition and Deferred Revenue [Abstract]    
Disaggregation of Revenue [Table Text Block]
Quarter ended 6/30/2026
KFC DivisionTaco Bell DivisionPizza Hut Division
Habit Burger & Grill Division
Total
U.S.
Company sales$28 $393 $13 $135 $569 
Franchise revenues43 245 58 348 
Property revenues13 
Franchise contributions for advertising and other services11 180 64 256 
China
Franchise revenues73 — 18 — 92 
Other
Company sales247 18 — 268 
Franchise revenues346 18 66 — 429 
Property revenues12 — — — 13 
Franchise contributions for advertising and other services160 16 — 181 
$924 $853 $254 $139 $2,169 
Quarter ended 6/30/2025
KFC DivisionTaco Bell DivisionPizza Hut Division
Habit Burger & Grill Division
Total
U.S.
Company sales$24 $285 $$130 $446 
Franchise revenues43 225 63 332 
Property revenues13 
Franchise contributions for advertising and other services11 173 67 252 
China
Franchise revenues65 — 17 — 82 
Other
Company sales222 — — 224 
Franchise revenues315 15 67 — 397 
Property revenues11 — — — 11 
Franchise contributions for advertising and other services156 17 — 177 
$849 $711 $239 $134 $1,933 
Deferred Franchise Fees [Table Text Block]
Deferred Franchise Fees
Balance at December 31, 2025
$443 
Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period(43)
Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period30 
Deferred franchise fees related to Pizza Hut reclassified to Liabilities held for sale (see Note 3)(61)
Other(a)
(1)
Balance at June 30, 2026
$367 

(a)    Primarily includes the impact of foreign currency translation.
 
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]
We expect to recognize contract liabilities as revenue over the remaining term of the associated franchise agreement as follows:

Less than 1 year$62 
1 - 2 years55 
2 - 3 years49 
3 - 4 years43 
4 - 5 years37 
Thereafter121 
Total$367