v3.26.3
Segment Reporting (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Segment Reporting Information [Line Items]          
Revenues $ 3,477 $ 3,206 $ 9,886 $ 8,974  
Food and paper 1,011 939 2,892 2,623  
Payroll and employee benefits 851 785 2,468 2,216  
Occupancy and other operating expenses 778 755 2,215 2,112  
General and administrative expenses 155 143 431 412  
Other operating costs and expenses 42 35 111 94  
Closures and impairment expenses, net 4 4 16 22  
Other income, net   0   (1)  
Operating Profit (Loss) 451 400 1,246 1,103  
Interest Income [1] 12 24 41 77  
Interest expense [1] (5) (1) (6) (3)  
Investment gain (loss) [1] 5 (10) (12) (25)  
Income Before Income Taxes and Equity in Net Earnings (Losses) from Equity Method Investments 463 413 1,269 1,152  
Depreciation and Amortization 121 114 358 333  
Impairment Charges 6 6 24 25  
Capital Spending 146 126 417 385  
Total Assets 12,407   12,407   $ 10,783
KFC [Member]          
Segment Reporting Information [Line Items]          
Impairment Charges [2] 5 4 19 18  
Pizza Hut [Member]          
Segment Reporting Information [Line Items]          
Impairment Charges [2] 1 2 4 6  
All Other Segments [Member]          
Segment Reporting Information [Line Items]          
Impairment Charges [2] 0 0 1 1  
Revenue From External Customers [Member]          
Segment Reporting Information [Line Items]          
Revenues 3,477 3,206 9,886 8,974  
Franchisees [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 13 11 37 32  
Transactions With Franchisees [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 172 134 470 361  
Corporate and Unallocated [Member]          
Segment Reporting Information [Line Items]          
Depreciation and Amortization 11 10 33 29  
Capital Spending 39 33 100 104  
Total Assets [3] 4,211   4,211   3,963
Operating Segments [Member] | KFC [Member]          
Segment Reporting Information [Line Items]          
Revenues 2,597 2,404 7,388 6,746  
Food and paper 783 725 2,239 2,041  
Payroll and employee benefits 673 616 1,946 1,726  
Occupancy and other operating expenses 618 586 1,741 1,641  
General and administrative expenses 66 66 194 186  
Other operating costs and expenses 0 1 1 3  
Closures and impairment expenses, net 3 2 13 15  
Operating Profit (Loss) 425 384 1,174 1,062  
Depreciation and Amortization 85 76 251 226  
Capital Spending 82 73 237 216  
Total Assets 5,632   5,632   5,560
Operating Segments [Member] | Pizza Hut [Member]          
Segment Reporting Information [Line Items]          
Revenues 665 635 1,913 1,784  
Food and paper 224 210 641 573  
Payroll and employee benefits 176 166 515 483  
Occupancy and other operating expenses 154 164 457 456  
General and administrative expenses 31 27 85 79  
Other operating costs and expenses 4 6 9 17  
Closures and impairment expenses, net 1 2 2 5  
Operating Profit (Loss) 73 57 195 163  
Depreciation and Amortization 23 26 69 73  
Capital Spending 23 20 75 64  
Total Assets [4] 2,249   2,249   952
Operating Segments [Member] | All Other Segments [Member]          
Segment Reporting Information [Line Items]          
Revenues 307 272 869 675  
Food and paper 4 4 12 9  
Payroll and employee benefits 3 3 9 8  
Occupancy and other operating expenses 6 5 17 15  
General and administrative expenses 7 7 21 23  
Other operating costs and expenses [5] 256 230 730 565  
Closures and impairment expenses, net 0 0 1 2  
Operating Profit (Loss) 2 1 2 (2)  
Depreciation and Amortization 2 2 5 5  
Capital Spending 2 0 5 1  
Total Assets 315   315   $ 308
Operating Segments [Member] | Corporate and Unallocated [Member]          
Segment Reporting Information [Line Items]          
Revenues [1] 153 115 417 313  
General and administrative expenses [1] 51 43 131 124  
Other operating costs and expenses [1] 26 18 70 52  
Other income, net [1]       (1)  
Operating Profit (Loss) [1] (49) (42) (125) (120)  
Interest Income [1] 12 24 41 77  
Interest expense [1] 5 1 6 3  
Investment gain (loss) [1] 5 (10) (12) (25)  
Operating Segments [Member] | Revenue From External Customers [Member] | KFC [Member]          
Segment Reporting Information [Line Items]          
Revenues 2,597 2,404 7,388 6,746  
Operating Segments [Member] | Revenue From External Customers [Member] | Pizza Hut [Member]          
Segment Reporting Information [Line Items]          
Revenues 665 635 1,913 1,784  
Operating Segments [Member] | Revenue From External Customers [Member] | All Other Segments [Member]          
Segment Reporting Information [Line Items]          
Revenues 62 52 168 131  
Operating Segments [Member] | Revenue From External Customers [Member] | Corporate and Unallocated [Member]          
Segment Reporting Information [Line Items]          
Revenues [1],[6] 153 115 417 313  
Operating Segments [Member] | Franchisees [Member] | KFC [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 12 9 33 28  
Operating Segments [Member] | Franchisees [Member] | Pizza Hut [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 0 1 3 3  
Operating Segments [Member] | Franchisees [Member] | All Other Segments [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 1 1 1 1  
Operating Segments [Member] | Transactions With Franchisees [Member] | KFC [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 17 15 47 44  
Operating Segments [Member] | Transactions With Franchisees [Member] | Pizza Hut [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 2 2 6 5  
Operating Segments [Member] | Transactions With Franchisees [Member] | All Other Segments [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 28 21 76 54  
Operating Segments [Member] | Transactions With Franchisees [Member] | Corporate and Unallocated [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold [1],[6] 125 96 341 258  
Operating Segments [Member] | Inter-Segment Revenue [Member] | All Other Segments [Member]          
Segment Reporting Information [Line Items]          
Revenues [5] 245 220 701 544  
Elimination [Member]          
Segment Reporting Information [Line Items]          
Revenues (245) (220) (701) (544)  
Payroll and employee benefits (1)   (2) (1)  
Other operating costs and expenses (244) (220) (699) (543)  
Elimination [Member] | Inter-Segment Revenue [Member]          
Segment Reporting Information [Line Items]          
Revenues [5] (245) (220) (701) (544)  
Combined [Member]          
Segment Reporting Information [Line Items]          
Revenues 3,722 3,426 10,587 9,518  
Food and paper 1,011 939 2,892 2,623  
Payroll and employee benefits 852 785 2,470 2,217  
Occupancy and other operating expenses 778 755 2,215 2,112  
General and administrative expenses 155 143 431 412  
Other operating costs and expenses 286 255 810 637  
Closures and impairment expenses, net 4 4 16 22  
Other income, net       (1)  
Operating Profit (Loss) 451 400 1,246 1,103  
Combined [Member] | Revenue From External Customers [Member]          
Segment Reporting Information [Line Items]          
Revenues 3,477 3,206 9,886 8,974  
Combined [Member] | Franchisees [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 13 11 37 32  
Combined [Member] | Transactions With Franchisees [Member]          
Segment Reporting Information [Line Items]          
Cost of goods and services sold 172 134 470 361  
Combined [Member] | Inter-Segment Revenue [Member]          
Segment Reporting Information [Line Items]          
Revenues [5] $ 245 $ 220 $ 701 $ 544  
[1] Amounts have not been allocated to any segment for performance reporting purposes.
[2] Primarily includes store closure impairment charges and restaurant-level impairment charges resulting from our semi-annual impairment evaluation.
[3] Primarily includes cash and cash equivalents, short-term investments, long-term bank deposits and notes, equity investments, and inventories that are centrally managed and PP&E that are not specifically identifiable within each segment.

 

As substantially all of the Company’s revenue is derived from the PRC and substantially all of the Company’s long-lived assets are located in the PRC, no geographical information is presented. In addition, revenue derived from and long-lived assets located in the U.S., the Company’s country of domicile, are immaterial.

[4] Increase in total assets of Pizza Hut segment primarily results from the Pizza Hut Acquisition. Refer to Note 3 for detail.
[5] Primarily includes revenues and associated costs generated from the delivery services that were provided to our Company-owned restaurants.
[6] Amounts from corporate and unallocated primarily include revenues and associated expenses of transactions with franchisees derived from the Company’s central procurement model whereby the Company centrally purchases substantially all food and paper products from suppliers then sells and delivers to KFC and Pizza Hut restaurants, including franchisees. Amounts have not been allocated to any segment for purposes of making operating decisions or assessing financial performance as the transactions are deemed corporate revenues and expenses in nature.