Yum! Brands (YUM) 10-K23 Feb 222021 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2021	Feb. 15, 2022	Jun. 30, 2021
Cover [Abstract]
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	YUM
Security Exchange Name	NYSE
Document Annual Report	true
Document Transition Report	false
Document Type	10-K
Entity File Number	1-13163
Entity Registrant Name	YUM! BRANDS, INC.
Entity Incorporation, State or Country Code	NC
Entity Tax Identification Number	13-3951308
Entity Address, Address Line One	1441 Gardiner Lane,
Entity Address, City or Town	Louisville,
Entity Address, State or Province	KY
Entity Address, Postal Zip Code	40213
City Area Code	(502)
Local Phone Number	874-8300
Entity Interactive Data Current	Yes
Entity Current Reporting Status	Yes
Amendment Flag	false
Document Period End Date	Dec. 31, 2021
Entity Central Index Key	0001041061
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Public Float			$ 34,000,000,000
Entity Common Stock, Shares Outstanding		288,980,982
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
ICFR Auditor Attestation Flag	true
Auditor Name	KPMG, LLP
Auditor Location	Louisville, Kentucky
Auditor Firm ID	185

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Millions		12 Months Ended
Consolidated Statements of Income - USD ($) $ in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues
Total revenues		$ 6,584	$ 5,652	$ 5,597
Costs and Expenses, Net
Company restaurant expenses		1,725	1,506	1,235
General and administrative expenses		1,060	1,064	917
Franchise and property expenses		117	145	180
Franchise advertising and other services expense		1,576	1,314	1,368
Refranchising (gain) loss		(35)	(34)	(37)
Other (income) expense		2	154	4
Costs and Expenses, Total		4,445	4,149	3,667
Operating Profit		2,139	1,503	1,930
Investment (income) expense, net	[1]	(86)	(74)	67
Other Pension (income) expense	[1]	7	14	4
Interest Income (Expense), Net	[1]	544	543	486
Income (Loss) Attributable to Parent, before Tax, Total		1,674	1,020	1,373
Income tax provision		99	116	79
Net Income		$ 1,575	$ 904	$ 1,294
Basic Earnings Per Common Share (in dollars per share)		$ 5.30	$ 2.99	$ 4.23
Diluted Earnings Per Common Share (in dollars per share)		5.21	2.94	4.14
Dividends Declared Per Common Share (in dollars per share)		$ 2	$ 1.88	$ 1.68
Company Sales
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax		$ 2,106	$ 1,810	$ 1,546
Franchise and property revenue [Member]
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax		2,900	2,510	2,660
Franchise contributions for advertising and other services
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax		$ 1,578	$ 1,332	$ 1,391

[1]	Amounts have not been allocated to any segment for performance reporting purposes.

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Net Income	$ 1,575	$ 904	$ 1,294
Translation adjustments and gains (losses) arising during the year	(24)	39	28
Translation reclassifications of adjustments and (gains) losses into Net Income	0	0	0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax	(24)	39	28
Translation adjustments tax (expense) benefit	0	0	(4)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(24)	39	24
Pension Unrealized gains (losses) arising during the year	65	(8)	(39)
Pension reclassification of (gains) losses into Net Income	16	18	10
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Unrealized Gains (Losses), before Tax	81	10	(29)
Pension and post-retirement benefit plans (tax impact)	(19)	(2)	7
Pension and post-retirement benefit plans (net of tax impact)	62	8	(22)
Cash Flow Hedge unrealized gains (losses) arising during the year	34	(99)	(51)
Cash Flow Hedge Reclassification of (gains) losses into Net Income	28	6	(25)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax	62	(93)	(76)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	(14)	23	20
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	48	(70)	(56)
Other Comprehensive Income (Loss), Net of Tax	86	(23)	(54)
Comprehensive Income	$ 1,661	$ 881	$ 1,240

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash Flows - Operating Activities
Net Income		$ 1,575	$ 904	$ 1,294
Depreciation and amortization		164	146	112
Impairment and closure expense		19	172	5
Refranchising (gain) loss		(35)	(34)	(37)
Investment (income) expense, net	[1]	(86)	(74)	67
Deferred income taxes		(200)	(65)	(232)
Share-based compensation expense		75	97	59
Changes in Accounts and Notes Receivable		(46)	62	(56)
Changes in Prepaid Expense and Other Assets		(33)	8	(8)
Changes in accounts payable and other current liabilities		122	128	(36)
Changes in income taxes payable		(41)	(110)	23
Other, net		192	71	124
Net Cash Provided by Operating Activities		1,706	1,305	1,315
Cash Flows - Investing Activities
Capital spending		(230)	(160)	(196)
Payments to Acquire Businesses, Net of Cash Acquired		0	(408)	0
Payments for (Proceeds from) Investments		0	206	0
Proceeds from refranchising of restaurants		85	19	110
Other, net		(28)	8	(2)
Net Cash Provided by (Used in) Investing Activities		(173)	(335)	(88)
Cash Flows - Financing Activities
Proceeds from long-term debt		4,150	1,650	800
Repayments of long-term debt		(3,657)	(1,517)	(331)
Revolving credit facilities, three months or less, net		0	0	0
Short-term borrowings by original maturity
More than three months - proceeds		0	95	130
More than three months - payments		0	(100)	(126)
Three months or less, net		0	0	0
Repurchase shares of Common Stock		(1,591)	(239)	(815)
Dividends paid on Common Stock		(592)	(566)	(511)
Debt issuance costs		(37)	(20)	(10)
Other, net		(40)	(41)	(75)
Net Cash Used in Financing Activities		(1,767)	(738)	(938)
Effect of Exchange Rate on Cash and Cash Equivalents		(19)	24	5
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect		(253)	256	294
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning Balance		1,024	768	474
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Ending Balance		$ 771	$ 1,024	$ 768

[1]	Amounts have not been allocated to any segment for performance reporting purposes.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) shares in Millions, $ / shares in Millions, $ in Millions		Dec. 31, 2021	Dec. 31, 2020
Current Assets
Cash and cash equivalents		$ 486	$ 730
Accounts and notes receivable, net		596	534
Prepaid Expense and Other Assets, Current		450	425
Total Current Assets		1,532	1,689
Property, Plant and equipment, net		1,207	1,235
Goodwill		657	597	[1]
Intangible assets, net		359	343
Other assets		1,487	1,435
Deferred Income Taxes		724	553
Total Assets	[2]	5,966	5,852
Current Liabilities
Accounts payable and other current liabilities		1,334	1,189
Income taxes payable		13	33
Debt, Current		68	453
Total Current Liabilities		1,415	1,675
Long-term debt		11,178	10,272
Other Liabilities, Noncurrent		1,746	1,796
Total Liabilities		14,339	13,743
Shareholders' Equity
Common stock, no par value, 750 shares authorized; 300 shares issued in 2020 and 2019		0	0
Accumulated Deficit		(8,048)	(7,480)
Accumulated other comprehensive income (loss)		(325)	(411)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Total		(8,373)	(7,891)
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity		$ 5,966	$ 5,852
Common Stock, par value		$ 0	$ 0
Common Stock, shares authorized		750	750
Common Stock, shares issued		289	300

[1]	Goodwill, net includes $144 million of accumulated impairment loss recorded in the year ended December 31, 2020, related to our Habit Burger Grill segment and $17 million of accumulated impairment losses for each year presented related to our Pizza Hut segment.
[2]	U.S. identifiable assets included in the combined Corporate and KFC, Taco Bell, Pizza Hut, and Habit Burger Grill Divisions totaled $2.8 billion and $3.0 billion in 2021 and 2020, respectively.

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Millions	Total		Common Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Accounting Standards Update 2016-02 [Member]	Accounting Standards Update 2016-13 [Member]	Retained EarningsAccounting Standards Update 2016-02 [Member]	Retained EarningsAccounting Standards Update 2016-13 [Member]
Balance at Dec. 31, 2018	$ (7,926)		$ 0	$ (7,592)	$ (334)
Balance (in shares) at Dec. 31, 2018			306,000
Net Income	1,294			1,294
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - including noncontrolling interest (net of tax impact)	24				24
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	(4)
Pension and post-retirement benefit plans (net of tax impact)	(22)				(22)
Pension and post-retirement benefit plans (tax impact)	7
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	(56)				(56)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	(20)
Comprehensive income - including noncontrolling interests	1,240
Dividends declared	(514)			(514)
Repurchase of shares of Common Stock	$ (810)	[1]	$ (14)	(796)
Repurchase of shares of Common Stock (in shares)	(7,788)	[1]	(8,000)
Employee stock option and SARs exercises (includes tax impact)	$ 75		$ 57	18
Employee stock option and SARs exercises (in shares)			2,000
Compensation-related events (includes tax impact)	71		$ 71
Balance at Dec. 31, 2019	(8,016)		$ 0	(7,628)	(388)
Balance (in shares) at Dec. 31, 2019			300,000
Stockholders' Equity Attributable to Parent								$ (2)
Accumulated Deficit						$ 2
Net Income	904			904
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - including noncontrolling interest (net of tax impact)	39				39
Pension and post-retirement benefit plans (net of tax impact)	8				8
Pension and post-retirement benefit plans (tax impact)	(2)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	(70)				(70)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	(23)
Comprehensive income - including noncontrolling interests	881
Dividends declared	(569)			(569)
Repurchase of shares of Common Stock	$ (250)	[2]	$ (71)	(179)
Repurchase of shares of Common Stock (in shares)	(2,419)	[2]	(2,000)
Employee stock option and SARs exercises (includes tax impact)	$ 41		$ 41
Employee stock option and SARs exercises (in shares)			2,000
Compensation-related events (includes tax impact)	112		$ 112
Balance at Dec. 31, 2020	(7,891)		$ 0	(7,480)	(411)
Balance (in shares) at Dec. 31, 2020			300,000
Stockholders' Equity Attributable to Parent									$ (8)
Accumulated Deficit	7,480						$ 8
Net Income	1,575			1,575
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - including noncontrolling interest (net of tax impact)	(24)				(24)
Pension and post-retirement benefit plans (net of tax impact)	62				62
Pension and post-retirement benefit plans (tax impact)	(19)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	48				48
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	14
Comprehensive income - including noncontrolling interests	1,661
Dividends declared	(594)			(594)
Repurchase of shares of Common Stock	$ (1,580)	[2]	$ (31)	(1,549)
Repurchase of shares of Common Stock (in shares)	(12,981)	[2]	(13,000)
Employee stock option and SARs exercises (includes tax impact)	$ 50		$ 50
Employee stock option and SARs exercises (in shares)			2,000
Compensation-related events (includes tax impact)	81		$ 81
Balance at Dec. 31, 2021	(8,373)		$ 0	$ (8,048)	$ (325)
Balance (in shares) at Dec. 31, 2021			289,000
Accumulated Deficit	$ 8,048

[1]	2019 amount excludes the effect of $5 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2018, but settlement dates subsequent to December 31, 2018.
[2]	2021 amount excludes and 2020 amount includes the effect of $11 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2020, but settlement dates subsequent to December 31, 2020.

Description of Business

Description of Business	12 Months Ended
Description of Business	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business Yum! Brands, Inc. and its Subsidiaries (collectively referred to herein as the “Company,” “YUM,” “we,” “us” or “our”) franchise or operate a system of over 53,000 restaurants in 157 countries and territories primarily under the concepts of KFC, Taco Bell, Pizza Hut and The Habit Burger Grill (collectively, the "Concepts"). The Company’s KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-style and pizza food categories. The Habit Burger Grill, a concept we acquired in March 2020, is a fast-casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. At December 31, 2021, 98% of our restaurants were owned and operated by franchisees. Through our widely-recognized Concepts, we develop, operate or franchise a system of both traditional and non-traditional restaurants. The terms "franchise" or "franchisee" within these Consolidated Financial Statements are meant to describe third parties that operate units under either franchise or license agreements. Our traditional restaurants feature dine-in, carryout and, in some instances, drive-thru service. Non-traditional units include express units which have a more limited menu and operate in non-traditional locations like malls, airports, gasoline service stations, train stations, subways, convenience stores, stadiums, amusement parks and colleges, where a full-scale traditional outlet would not be practical or efficient. As of December 31, 2021, over 45,000 of our restaurants are also currently offering delivery. We also operate or franchise multibrand units, where two or more of our Concepts are operated in a single unit. As of December 31, 2021, YUM consisted of four operating segments: • The KFC Division which includes our worldwide operations of the KFC concept • The Taco Bell Division which includes our worldwide operations of the Taco Bell concept • The Pizza Hut Division which includes our worldwide operations of the Pizza Hut concept

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Our preparation of the accompanying Consolidated Financial Statements in conformity with Generally Accepted Accounting Principles in the United States of America (“GAAP”) requires us to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. Principles of Consolidation and Basis of Preparation. Intercompany accounts and transactions have been eliminated in consolidation. We consolidate entities in which we have a controlling financial interest, the usual condition of which is ownership of a majority voting interest. We also consider for consolidation an entity, in which we have certain interests, where the controlling financial interest may be achieved through arrangements that do not involve voting interests. Such an entity, known as a variable interest entity (“VIE”), is required to be consolidated by its primary beneficiary. The primary beneficiary is the entity that possesses the power to direct the activities of the VIE that most significantly impact its economic performance and has the obligation to absorb losses or the right to receive benefits from the VIE that are significant to it. Our most significant variable interests are in certain entities that operate restaurants under our Concepts’ franchise arrangements. We do not typically provide significant financial support such as loans or guarantees to our franchisees. Thus, our most significant variable interests in franchisees result from real estate lease arrangements to which we are a party. At the end of 2021, YUM has future lease payments due from certain franchisees, on a nominal basis, of approximately $1 billion, and we are secondarily liable on certain other lease agreements that have been assigned to certain franchisees. See the Lease Guarantees section in Note 20. As our franchise arrangements provide our franchisee entities the power to direct the activities that most significantly impact their economic performance, we do not consider ourselves the primary beneficiary of any such entity that might otherwise be considered a VIE. We do not have an equity interest in any of our franchisee businesses except for a minority interest in an entity, Devyani International Limited (“Devyani”), that owns our KFC India and Pizza Hut India master franchisee rights, a minority interest in an entity that owns our KFC Brazil and Pizza Hut Brazil master franchisee rights and a minority interest in an entity that operates Taco Bell franchised units in India. These minority interests do not give us the ability to significantly influence these entities. We account for our investment in Devyani and the entity that owns our KFC Brazil and Pizza Hut Brazil master franchisee rights as equity securities. When the fair value of these equity securities is readily determinable we record changes in fair value in Investment (income) expense, net. When the fair value of these equity securities is not readily determinable we apply the measurement alternative in accordance with Accounting Standards Codification (“ASC”) Topic 321 and, when applicable, record fair value changes from observable prices as well as impairment in Investment (income) expense, net. We account for our investment in the entity that operates Taco Bell units in India as an available-for-sale debt security. This available-for-sale debt security is carried at fair value with unrealized gains and losses, net of tax, included as a component of Other comprehensive income (loss), on the Consolidated Statements of Comprehensive Income. We participate in various advertising cooperatives with our franchisees, typically within a country where we have both Company-owned restaurants and franchise restaurants, established to collect and administer funds contributed for use in advertising and promotional programs designed to increase sales and enhance the reputation of the Company and our Concepts. Contributions to the advertising cooperatives are required for both Company-owned and franchise restaurants and are generally based on a percentage of restaurant sales. We maintain certain variable interests in these cooperatives. As the cooperatives are required to spend all funds collected on advertising and promotional programs, total equity at risk is not sufficient to permit the cooperatives to finance their activities without additional subordinated financial support. Therefore, these cooperatives are VIEs. As a result of our voting rights, we consolidate certain of these cooperatives for which we are the primary beneficiary. Fiscal Year. YUM's fiscal year begins on January 1 and ends December 31 of each year, with each quarter comprised of three months. The majority of our U.S. subsidiaries and certain international subsidiaries operate on a weekly periodic calendar where the first three quarters of each fiscal year consists of 12 weeks and the fourth quarter consists of 16 weeks in fiscal years with 52 weeks and 17 weeks in fiscal years with 53 weeks. Our Habit Burger Grill subsidiaries operate on a weekly periodic calendar where each quarter consists of 13 weeks, except in fiscal years with 53 weeks when the fourth quarter consists of 14 weeks. Our remaining international subsidiaries operate on a monthly calendar similar to that on which YUM operates. Fiscal year 2019 included 53 weeks for our U.S. businesses and for our international subsidiaries that reported on a period calendar. The 53rd week added $66 million to Total revenues, $24 million to Operating Profit and $17 million to Net Income in our 2019 Consolidated Statement of Income. Our next fiscal year scheduled to include a 53rd week for our period calendar reporters is 2024. Foreign Currency. The functional currency of our foreign entities is the currency of the primary economic environment in which the entity operates. Functional currency determinations are made based upon a number of economic factors, including but not limited to cash flows and financing transactions. The operations, assets and liabilities of our entities outside the U.S. are initially measured using the functional currency of that entity. Income and expense accounts for our operations of these foreign entities are then translated into U.S. dollars at the average exchange rates prevailing during the period. Assets and liabilities of these foreign entities are then translated into U.S. dollars at exchange rates in effect at the balance sheet date. As of December 31, 2021, net cumulative translation adjustment losses of $206 million are recorded in Accumulated other comprehensive income ("AOCI") in the Consolidated Balance Sheet. The majority of our foreign currency net asset exposure is in countries where we have Company-owned restaurants. As we manage and share resources at the individual brand level within a country, cumulative translation adjustments are recorded and tracked at the foreign-entity level that represents the operations of our individual brands within that country. Translation adjustments recorded in AOCI are subsequently recognized as income or expense generally only upon sale of the related investment in a foreign entity, or upon a sale of assets and liabilities within a foreign entity that represents a complete or substantially complete liquidation of that foreign entity. For purposes of determining whether a sale or complete or substantially complete liquidation of an investment in a foreign entity has occurred, we consider those same foreign entities for which we record and track cumulative translation adjustments. Gains and losses arising from the impact of foreign currency exchange rate fluctuations on transactions in foreign currency are included in Other (income) expense in our Consolidated Statements of Income. Reclassifications. We have reclassified certain items in the Consolidated Financial Statements for prior periods to be comparable with the classification for the fiscal year ended December 31, 2021. These reclassifications had no effect on previously reported Net Income. Revenue Recognition. Below is a discussion of how our revenues are earned, our accounting policies pertaining to revenue recognition under ASC Topic 606, Revenue from Contracts with Customers (“Topic 606”) and other required disclosures. Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue transaction and collected from a customer are excluded from revenue. Company Sales Revenues from the sale of food items by Company-owned restaurants are recognized as Company sales when a customer purchases the food, which is when our obligation to perform is satisfied. Franchise and Property Revenues Franchise Revenues Our most significant source of revenues arises from the operation of our Concepts' stores by our franchisees. Franchise rights may be granted through a store-level franchise agreement or through a master franchise agreement that sets out the terms of our arrangement with the franchisee. Our franchise agreements require that the franchisee remit continuing fees to us as a percentage of the applicable restaurant’s sales in exchange for the license of the intellectual property associated with our Concepts' brands (the “franchise right”). Our franchise agreements also typically require certain, less significant, upfront franchise fees such as initial fees paid upon opening of a store, fees paid to renew the term of the franchise right and fees paid in the event the franchise agreement is transferred to another franchisee. Continuing fees represent the substantial majority of the consideration we receive under our franchise agreements. Continuing fees are typically billed and paid monthly and are usually 4% - 6% for store-level franchise agreements. Master franchise agreements allow master franchisees to operate restaurants as well as sub-franchise restaurants within certain geographic territories. The percentage of sales that we receive for restaurants owned or sub-franchised by our master franchisees as a continuing fee is typically less than the percentage we receive for restaurants operating under a store-level franchise agreement. Based on the application of the sales-based royalty exception within Topic 606 continuing fees are recognized as the related restaurant sales occur. Upfront franchise fees are typically billed and paid when a new franchise or sub-franchise agreement becomes effective or when an existing agreement is transferred to another franchisee or sub-franchisee. We have determined that the services we provide in exchange for upfront franchise fees, which primarily relate to pre-opening support, are highly interrelated with the franchise right and are not individually distinct from the ongoing services we provide to our franchisees. As a result, upfront franchise fees are recognized as revenue over the term of each respective franchise or sub-franchise agreement. Revenues for these upfront franchise fees are recognized on a straight-line basis, which is consistent with the franchisee’s or sub-franchisee's right to use and benefit from the intellectual property. Additionally, from time-to-time we provide consideration to franchisees in the form of cash (e.g. cash payments to offset new build costs) or other incentives (e.g. free or subsidized equipment) with the intent to drive new unit development or same-store sales growth that will result in higher future revenues for the Company. Such payments are capitalized and presented within Prepaid expense and other current assets or Other assets. These assets are being amortized as a reduction in Franchise and property revenues over the period of expected cash flows from the franchise agreements to which the payment relates. Property Revenues From time to time, we enter into rental agreements with franchisees for the lease or sublease of restaurant locations. These rental agreements typically originate from refranchising transactions and revenues related to the agreements are recognized as they are earned. Amounts owed under the rental agreements are typically billed and paid on a monthly basis. Related expenses are presented as Franchise and property expenses within our Consolidated Statements of Income and primarily include depreciation or, in the case of a sublease, rental expense. Franchise Contributions for Advertising and Other Services Advertising Cooperatives We have determined we act as a principal in the transactions entered into by the advertising cooperatives we are required to consolidate based on our responsibility to define the nature of the goods or services provided and/or our commitment to pay for advertising services in advance of the related franchisee contributions. Additionally, we have determined the advertising services provided to franchisees are highly interrelated with the franchise right and therefore not distinct. Franchisees remit to these consolidated advertising cooperatives a percentage of restaurant sales as consideration for providing the advertising services. As a result, revenues for advertising services are recognized when the related franchise restaurant sales occur based on the application of the sales-based royalty exception within Topic 606. Revenues for these services are typically billed and received on a monthly basis. Other Goods or Services On a much more limited basis, we provide goods or services to certain franchisees that are individually distinct from the franchise right because they do not require integration with other goods or services we provide. Such arrangements typically relate to technology, supply chain and quality assurance services. The extent to which we provide such goods or services varies by brand, geographic region and, in some instances, franchisee. In instances where we rely on third parties to provide goods or services to franchisees at our direction, we have determined we act as a principal in these transactions. These revenues are recognized as the goods or services are transferred to the franchisee. Franchise Support Costs. Certain direct costs of our franchise operations are charged to Franchise and property expenses. These costs include provisions for estimated uncollectible upfront and continuing fees, rent or depreciation expense associated with restaurants we lease or sublease to franchisees, marketing funding on behalf of franchisees, amortization expense for franchise-related intangible assets, value added taxes on royalties and certain other direct incremental franchise support costs. The costs we incur to provide support services to our franchisees for which we do not receive a reimbursement are charged to General and administrative expenses (“G&A”) as incurred. Expenses related to the provisioning of goods or services for which we receive reimbursement for all or substantially all of the expense amount from a franchisee are recorded in Franchise advertising and other services expense (the associated revenue is recorded within Franchise contributions for advertising and other services as described above). The majority of these expenses relate to advertising and are incurred on behalf of franchisees by the advertising cooperatives we are required to consolidate. These expenses are accounted for as described in the Advertising Costs policy below. For such expenses that do not relate to advertising the expenses are recognized as incurred. Advertising Costs. To the extent we participate in advertising cooperatives, we, like our participating franchisees, are required to make contributions. Our contributions are based on a percentage of sales of our participating Company restaurants. These contributions as well as direct marketing costs we may incur outside of a cooperative related to Company restaurants are recorded within Company restaurant expenses. Advertising expense included in Company restaurant expenses totaled $84 million, $68 million and $73 million in 2021, 2020 and 2019, respectively. To the extent we consolidate advertising cooperatives, we incur advertising expense as a result of our obligation to spend franchisee contributions to those cooperatives (see above for our accounting for these contributions). Such advertising expense is recorded in Franchise advertising and other services expense and totaled $1,264 million, $1,079 million and $1,133 million in 2021, 2020 and 2019, respectively. At the end of each fiscal year additional advertising costs are accrued to the extent advertising revenues exceed the related advertising expense to date, as we are obligated to expend such amounts on advertising. From time to time, we may make the decision to incur discretionary advertising expenditures on behalf of franchised restaurants. Such amounts are recorded within Franchise and property expenses and totaled $11 million, $10 million and $10 million in 2021, 2020 and 2019, respectively. To the extent the advertising cooperatives we are required to consolidate are unable to collect amounts due from franchisees they incur bad debt expense. In 2021 and 2020 we recorded $6 million and $7 million in net recoveries, respectively, and in 2019 we recorded $19 million in net provisions, within Franchise advertising and other services expense related to recoveries on and provisions for uncollectible franchisee receivables. To the extent our consolidated advertising cooperatives have a provision or recovery for bad debt expense, the cooperative’s advertising spend obligation is adjusted such that there is no net impact within our Financial Statements. Share-Based Employee Compensation. We recognize ongoing share-based payments to employees, including grants of employee stock options and stock appreciation rights (“SARs”), in the Consolidated Financial Statements as compensation cost over the service period based on their fair value on the date of grant. This compensation cost is recognized over the service period on a straight-line basis, net of an assumed forfeiture rate, for awards that actually vest. Forfeiture rates are estimated at grant date based on historical experience and compensation cost is adjusted in subsequent periods for differences in actual forfeitures from the previous estimates. We present this compensation cost consistent with the other compensation costs for the employee recipient in either Company restaurant expenses or G&A. See Note 16 for further discussion of our share-based compensation plans. Legal Costs. Settlement costs are accrued when they are deemed probable and reasonably estimable. Anticipated legal fees related to self-insured workers' compensation, employment practices liability, general liability, automobile liability, product liability and property losses (collectively, "property and casualty losses") are accrued when deemed probable and reasonably estimable. Legal fees not related to self-insured property and casualty losses are recognized as incurred. See Note 20 for further discussion of our legal proceedings. Impairment or Disposal of Long-Lived Assets. Long-lived assets, including Property, plant and equipment (“PP&E”) as well as right-of-use operating lease assets are tested for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The assets are not recoverable if their carrying value is less than the undiscounted cash flows we expect to generate from such assets. If the assets are not deemed to be recoverable, impairment is measured based on the excess of their carrying value over their fair value. For purposes of impairment testing for our restaurants, we have concluded that an individual restaurant is the lowest level of independent cash flows unless it is more likely than not that we will refranchise restaurants as a group. We review our long-lived assets of such individual restaurants (primarily PP&E, right-of-use operating lease assets and allocated intangible assets subject to amortization) that we intend to continue operating as Company restaurants annually for impairment, or whenever events or changes in circumstances indicate that the carrying amount of a restaurant may not be recoverable. We use two consecutive years of operating losses as our primary indicator of potential impairment for our annual impairment testing of these restaurant assets. We evaluate the recoverability of these restaurant assets by comparing the estimated undiscounted future cash flows, which are based on our entity-specific assumptions, to the carrying value of such assets. For restaurant assets that are not deemed to be recoverable, we write-down an impaired restaurant to its estimated fair value, which becomes its new cost basis. Fair value is an estimate of the price a franchisee would pay for the restaurant and its related assets, including any right-of-use assets, and is determined by discounting the estimated future after-tax cash flows of the restaurant, which include a deduction for royalties we would receive under a franchise agreement with terms substantially at market. The after-tax cash flows incorporate reasonable assumptions we believe a franchisee would make such as sales growth and margin improvement. The discount rate used in the fair value calculation is our estimate of the required rate of return that a franchisee would expect to receive when purchasing a similar restaurant and the related long-lived assets. The discount rate incorporates rates of returns for historical refranchising market transactions and is commensurate with the risks and uncertainty inherent in the forecasted cash flows. Individual restaurant-level impairment is recorded within Other (income) expense. Any right-of-use asset may alternatively be valued at the amount we could receive for such right-of-use asset from a third-party that is not a franchisee through a sublease if doing so would result in less overall impairment of the restaurant assets in total. In executing our refranchising initiatives, we most often offer groups of restaurants for sale. When we believe it is more likely than not a restaurant or groups of restaurants will be refranchised for a price less than their carrying value, but do not believe the restaurant(s) have met the criteria to be classified as held for sale, we review the restaurants for impairment. We evaluate the recoverability of these restaurant assets by comparing estimated sales proceeds plus holding period cash flows, if any, to the carrying value of the restaurant or group of restaurants. For restaurant assets that are not deemed to be recoverable, we recognize impairment for any excess of carrying value over the fair value of the restaurants, which is based on the expected net sales proceeds. To the extent ongoing agreements to be entered into with the franchisee simultaneous with the refranchising are expected to contain terms, such as royalty rates or rental payments, not at prevailing market rates, we consider the off-market terms in our impairment evaluation. We recognize any such impairment charges in Refranchising (gain) loss. We recognize gains on restaurant refranchisings when the sale transaction closes and control of the restaurant operations have transferred to the franchisee. When we decide to close a restaurant, it is reviewed for impairment, which includes an estimate of sublease income that could be reasonably obtained, if any, in relation to the right-of-use operating lease asset. Additionally, depreciable lives are adjusted based on the expected disposal date. Other costs incurred when closing a restaurant such as costs of disposing of the assets as well as other facility-related expenses from previously closed stores are generally expensed as incurred. Any costs recorded upon store closure as well as any subsequent adjustments to liabilities for remaining lease obligations as a result of lease termination or changes in estimates of sublease income are recorded in Other (income) expense. To the extent we sell assets, primarily land, associated with a closed store, any gain or loss upon that sale is also recorded in Other (income) expense. Management judgment is necessary to estimate future cash flows, including cash flows from continuing use, terminal value, sublease income and refranchising proceeds. Accordingly, actual results could vary significantly from our estimates. Guarantees. We recognize, at inception of a guarantee, a liability for the fair value of certain obligations undertaken. Additionally, effective January 1, 2020, we adopted the Financial Accounting Standards Board’s Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments - Credit Losses (“Topic 326”) which required that we also recognize as a liability the expected credit losses over the life of such guarantees. As a result of the adoption of Topic 326, we recorded a cumulative adjustment to Accumulated deficit of $8 million to establish such expected credit loss liability for our outstanding guarantees. The majority of our guarantees are issued as a result of assigning our interest in obligations under operating leases as a condition to the refranchising of certain Company restaurants. We recognize a liability for such lease guarantees upon refranchising and upon subsequent renewals of such leases when we remain secondarily liable. The related expense and any subsequent changes are included in Refranchising (gain) loss. Any expense and subsequent changes in the guarantees for other franchise support guarantees not associated with a refranchising transaction are included in Franchise and property expenses. Income Taxes. We record deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases as well as operating loss, capital loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those differences or carryforwards are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in our Income tax provision in the period that includes the enactment date. Additionally, in determining the need for recording a valuation allowance against the carrying amount of deferred tax assets, we consider the amount of taxable income and periods over which it must be earned, actual levels of past taxable income and known trends and events or transactions that are expected to affect future levels of taxable income. Where we determine that it is more likely than not that all or a portion of an asset will not be realized, we record a valuation allowance. We recognize the benefit of positions taken or expected to be taken in our tax returns in our Income tax provision when it is more likely than not (i.e., a likelihood of more than fifty percent) that the position would be sustained upon examination by tax authorities. A recognized tax position is then measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement with the taxing authorities. We evaluate these amounts on a quarterly basis to ensure that they have been appropriately adjusted for audit settlements and other events we believe may impact the outcome. Changes in judgment that result in subsequent recognition, derecognition or a change in measurement of a tax position taken in a prior annual period (including any related interest and penalties) are recognized as a discrete item in the interim period in which the change occurs. We recognize accrued interest and penalties related to unrecognized tax benefits as components of our Income tax provision. We do not record a deferred tax liability for unremitted earnings of our foreign subsidiaries to the extent that the earnings meet the indefinite reversal criteria. This criteria is met if the foreign subsidiary has invested, or will invest, the earnings indefinitely. The decision as to the amount of unremitted earnings that we intend to maintain in non-U.S. subsidiaries considers items including, but not limited to, forecasts and budgets of financial needs of cash for working capital, liquidity plans and expected cash requirements in the U.S. See Note 18 for a further discussion of our income taxes. Fair Value Measurements. Fair value is the price we would receive to sell an asset or pay to transfer a liability (exit price) in an orderly transaction between market participants. For those assets and liabilities we record or disclose at fair value, we determine fair value based upon the quoted market price, if available. If a quoted market price is not available for identical assets, we determine fair value based upon the quoted market price of similar assets or the present value of expected future cash flows considering the risks involved, including counterparty performance risk if appropriate, and using discount rates appropriate for the duration. The fair values are assigned a level within the fair value hierarchy, depending on the source of the inputs into the calculation. Level 1 Inputs based upon quoted prices in active markets for identical assets. Level 2 Inputs other than quoted prices included within Level 1 that are observable for the asset, either directly or indirectly. Level 3 Inputs that are unobservable for the asset. Cash and Cash Equivalents. Cash equivalents represent funds we have temporarily invested (with original maturities not exceeding three months), including short-term, highly liquid debt securities. Cash and overdraft balances that meet the criteria for right of setoff are presented net on our Consolidated Balance Sheet. Receivables. The Company’s receivables are primarily generated from ongoing business relationships with our franchisees as a result of franchise agreements, including contributions due to advertising cooperatives we consolidate. These receivables from franchisees are generally due within 30 days of the period in which the corresponding sales occur and are classified as Accounts and notes receivable, net on our Consolidated Balance Sheet. Effective with the adoption of Topic 326 on January 1, 2020, our receivables are now stated net of expected credit losses. The impact to our net receivables as a result of adopting the standard was not significant. Expected credit losses for uncollectible franchisee receivable balances consider both current conditions and reasonable and supportable forecasts of future conditions. Current conditions we consider include pre-defined aging criteria as well as specified events that indicate we may not collect the balance due. Reasonable and supportable forecasts used in determining the probability of future collection consider publicly available data regarding default probability. While we use the best information available in making our determination, the ultimate recovery of recorded receivables is dependent upon future economic events and other conditions that may be beyond our control. Receivables that are ultimately deemed to be uncollectible, and for which collection efforts have been exhausted, are written off against the allowance for doubtful accounts. We recorded $8 million of net bad debt recoveries in 2021 and $12 million and $24 million of net bad debt expense in 2020 and 2019, respectively, within Franchise and property expenses related to continuing fees, initial fees and rent receivables from our franchisees. Accounts and notes receivable as well as the Allowance for doubtful accounts, including balances attributable to our consolidated advertising cooperatives, as of December 31, 2021 and 2020, respectively, are as follows: 2021 2020 Accounts and notes receivable $ 632 $ 579 Allowance for doubtful accounts (36) (45) Accounts and notes receivable, net $ 596 $ 534 Our financing receivables primarily consist of notes receivables and direct financing leases with franchisees which we enter into from time-to-time. As these receivables primarily relate to our ongoing business agreements with franchisees, we consider such receivables to have similar risk characteristics and evaluate them as one collective portfolio segment and class for determining the allowance for doubtful accounts. Balances of notes receivable and direct financing leases due within one year are included in Accounts and notes receivable, net while amounts due beyond one year are inclu
Franchise Support Costs	Franchise Support Costs. Certain direct costs of our franchise operations are charged to Franchise and property expenses. These costs include provisions for estimated uncollectible upfront and continuing fees, rent or depreciation expense associated with restaurants we lease or sublease to franchisees, marketing funding on behalf of franchisees, amortization expense for franchise-related intangible assets, value added taxes on royalties and certain other direct incremental franchise support costs. The costs we incur to provide support services to our franchisees for which we do not receive a reimbursement are charged to General and administrative expenses (“G&A”) as incurred. Expenses related to the provisioning of goods or services for which we receive reimbursement for all or substantially all of the expense amount from a franchisee are recorded in Franchise advertising and other services expense (the associated revenue is recorded within Franchise contributions for advertising and other services as described above). The majority of these expenses relate to advertising and are incurred on behalf of franchisees by the advertising cooperatives we are required to consolidate. These expenses are accounted for as described in the Advertising Costs policy below. For such expenses that do not relate to advertising the expenses are recognized as incurred.

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Dec. 31, 2021
Restructuring and Related Activities [Abstract]
Business Combination Disclosure	Acquisitions Habit Burger Grill Acquisition On March 18, 2020, we completed the acquisition of all of the issued and outstanding common shares of The Habit Restaurants, Inc. As of the date of acquisition, The Habit Restaurants, Inc. operated 245 company-owned and 31 franchised Habit Burger Grill restaurants across the U.S. and in China, offering a flavor-forward variety of made-to-order items chargrilled over an open flame. We expect Habit Burger Grill to benefit from the global scale and resources of YUM and that the acquisition will accelerate and diversify YUM's growth. Total cash consideration paid in connection with the acquisition was $408 million, net of acquired cash of $20 million. The acquisition was accounted for as a business combination using the acquisition method of accounting. During the quarter ended March 31, 2021, we finalized our estimate of the fair value of the net assets acquired, which resulted in goodwill being reduced by $15 million compared to the initial fair value estimate recorded in the quarter ended March 31, 2020 ($2 million of this reduction was recorded in the quarter ended March 31, 2021). This final allocation of consideration to the net tangible and intangible assets acquired upon the March 18, 2020 acquisition is presented in the table below. Total Current Assets $ 11 Property, plant and equipment, net 111 Habit Burger Grill brand (included in Intangible assets, net) 96 Operating lease right-of-use assets (included in Other assets) 196 Other assets 28 Total Assets 442 Total Current Liabilities (68) Operating lease liabilities (included in Other liabilities and deferred credits) (170) Total Liabilities (238) Total identifiable net assets 204 Goodwill 204 Net consideration transferred $ 408 During the first quarter of 2020, the operations of substantially all Habit Burger Grill restaurants were impacted by COVID-19. As a result, we performed an interim impairment test of the Habit Burger Grill reporting unit goodwill as of March 31, 2020. This test of impairment included comparing the estimated fair value of the Habit Burger Grill reporting unit to its carrying value, including goodwill, as originally determined through our preliminary purchase price allocation. The fair value estimate of the Habit Burger Grill reporting unit was based on the estimated price a willing buyer would pay for the reporting unit and was determined using an income approach through a discounted cash flow analysis using unobservable inputs (Level 3). The most impactful of these inputs included future average unit volumes of Habit Burger Grill restaurants as well as restaurant unit counts. The fair value was determined based upon a probability-weighted average of three scenarios, which included assumed recovery of Habit Burger Grill average unit volumes to a pre—COVID-19 level over periods ranging from the beginning of 2021 to the end of 2022. Factors impacting restaurant unit counts were near-term unit closures as the result of COVID-19 as well as the pace of expected new unit development. Unit counts assumed were correlated with the expected recoveries in average unit volumes. Based upon this fair value estimate, we determined that the carrying value of our Habit Burger Grill reporting unit exceeded its fair value. As a result, during the first quarter of 2020 we recorded a goodwill impairment charge of $139 million to Other (income) expense and a corresponding income tax benefit of $32 million. As we continued to refine our preliminary purchase price allocation in the quarter ended September 30, 2020, the impairment charge was adjusted upward by $5 million, which resulted in a corresponding income tax benefit of $1 million. Subsequent to these 2020 goodwill impairment charges and the finalization during the quarter ended March 31, 2021, of the allocation of consideration to the net assets acquired (described above), the Habit Burger Grill reporting unit goodwill was $60 million. The pro forma impact on our results of operations if the acquisition had been completed as of the beginning of 2019 would not have been significant. Dragontail Systems Acquisition On September 7, 2021, we completed the acquisition of Dragontail Systems Limited (“Dragontail”). The Dragontail acquisition advances our digital capabilities and its AI-based integrated kitchen order management and delivery technologies are intended to strengthen store operations, enhance the customer experience and make it easier for team members to run a restaurant. Total cash consideration paid in connection with the acquisition was $66 million, net of cash acquired of $3 million. This net consideration has been classified within Other, net cash flows from investing activities within our Consolidated Statements of Cash Flows. The acquisition was accounted for as a business combination using the acquisition method of accounting. The primary assets recorded as a result of the preliminary purchase price allocation were goodwill of $57 million and amortizable intangible assets of $11 million. The amortizable intangible assets, which consist of software, have an estimated weighted average useful life of 7 years. The goodwill recorded resulted from synergies expected to be achieved through leveraging our scale and resources to enhance these technologies and deploy them globally to our brands and franchisees over time. Goodwill recognized from the Dragontail acquisition is non-deductible for tax purposes and has been allocated to our reporting units within the Pizza Hut Division operating segment that are expected to most benefit from the Dragontail acquisition. The purchase price allocation for Dragontail is preliminary and subject to completion of valuation analyses. The financial results of Dragontail have been included in our Consolidated Financial Statements since the date of the acquisition but did not significantly impact our results for the year ended December 31, 2021. The pro forma impact on our results of operations if the acquisition had been completed as of the beginning of 2020 would not have been significant. The direct transaction costs associated with the acquisition were also not material and were expensed as incurred.

Earnings Per Common Share ("EPS

Earnings Per Common Share ("EPS")	12 Months Ended
Earnings Per Common Share ("EPS")	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Common Share (EPS)	Earnings Per Common Share (“EPS”) 2021 2020 2019 Net Income $ 1,575 $ 904 $ 1,294 Weighted-average common shares outstanding (for basic calculation) 297 302 306 Effect of dilutive share-based employee compensation 5 5 7 Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) 302 307 313 Basic EPS $ 5.30 $ 2.99 $ 4.23 Diluted EPS $ 5.21 $ 2.94 $ 4.14 Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation (a) 1.1 4.8 2.0 (a) These unexercised employee stock options and stock appreciation rights were not included in the computation of diluted EPS because to do so would have been antidilutive for the periods presented.

Items Affecting Comparability o

Items Affecting Comparability of Net Income and Cash Flows	12 Months Ended
Items Affecting Comparability of Net Income and Cash Flows	Dec. 31, 2021
Items Affecting Comparability Of Net Income And Cash Flows Disclosure [Abstract]
Items Affecting Comparability of Net Income and Cash Flows	Items Affecting Comparability of Net Income and Cash Flows Refranchising (Gain) Loss The Refranchising (gain) loss by our Divisional reportable segments is presented below. Given the size and volatility of refranchising initiatives, our chief operating decision maker (“CODM”) does not consider the impact of Refranchising (gain) loss when assessing Divisional segment performance. As such, we do not allocate such gains and losses to our Divisional segments for performance reporting purposes. During the years ended December 31, 2021, 2020 and 2019, we refranchised 83, 97 and 25 restaurants, respectively. Additionally, during the years ended December 31, 2021, 2020 and 2019, we sold certain restaurant assets associated with existing franchise restaurants to the franchisee. We received $85 million, $19 million and $110 million in pre-tax cash refranchising proceeds in 2021, 2020 and 2019, respectively, as a result of the sales of these restaurants and restaurant assets. In 2020, we also received as refranchising proceeds minority interests in Devyani International Limited (“Devyani”), as discussed further below. At the time of the refranchisings, these minority interests had fair values estimated to be $31 million. In 2019, we also received as refranchising proceeds a minority interest in an entity that owns our KFC and Pizza Hut master franchisee rights in Brazil. At the time of refranchising, the fair value of this minority interest was estimated to be $6 million. A summary of Refranchising (gain) loss is as follows: Refranchising (gain) loss 2021 2020 2019 KFC Division $ (1) $ (33) $ (6) Taco Bell Division (29) (2) (31) Pizza Hut Division 1 1 — Habit Burger Grill Division (6) — — Worldwide $ (35) $ (34) $ (37) Unlocking Opportunity Initiative On June 24, 2020, the Yum! Brands, Inc. Board of Directors approved the establishment of the Company’s new global “Unlocking Opportunity Initiative” including a $100 million investment over the next five years to fight inequality by unlocking opportunities for employees, restaurant team members and communities. The Company contributed $50 million in the second quarter of 2020 to Yum! Brands Foundation, Inc. (a stand-alone, not-for-profit organization that is not consolidated in the Company's results) as part of these efforts and investment. As a result of the size and specific nature of this contribution the associated General and administrative expense was not allocated to any of our segment operating results for performance reporting purposes. COVID-19 Relief During the year ended December 31, 2020, we recorded a charge of $25 million related to a contribution made to Yum! Brands Foundation, Inc. expected to fund past and anticipated payments for COVID-19 relief provided to restaurant-level employees within the YUM system diagnosed with COVID-19 or acting as the primary caregiver for someone diagnosed with COVID-19. As a result of the size and specific nature of this contribution the associated General and administrative expense was not allocated to any of our segment operating results for performance reporting purposes. Resource Optimization During the year ended December 31, 2021, we recorded charges of $7 million to General and administrative expenses and $2 million to Other (income) expense and we recorded a credit of $1 million to Other pension (income) expense related to a resource optimization program initiated in the third quarter of 2020. During the year ended December 31, 2020, we recorded charges of $36 million to General and administrative expenses and $2 million to Other pension (income) expense related to this resource optimization program. The charges incurred as a result of this program were primarily associated with a voluntary retirement program offered to our U.S. based employees and a worldwide severance program. This program is part of our efforts to optimize our resources, reallocating them toward critical areas of the business that will drive future growth. These critical areas include accelerating our digital, technology and innovation capabilities to deliver a modern, world-class team member and customer experience and improve unit economics. Due to their scope and size, these costs were not allocated to any of our segment operating results for performance reporting purposes. Investment in Devyani In 2020, we received an approximate 5% minority interest in Devyani, an entity that operates KFC and Pizza Hut franchised units in India. The minority interest was received in lieu of cash proceeds upon the refranchising of approximately 60 KFC restaurants in India. At the time of the refranchisings, the fair value of this minority interest was estimated to be approximately $31 million. On August 16, 2021, Devyani executed an initial public offering and subsequently the fair value of this investment became readily determinable. As a result, concurrent with the initial public offering we began recording changes in fair value in Investment (income) expense, net in our Consolidated Statements of Income and recognized pre-tax investment income of $87 million, in the year ended December 31, 2021 (see Note 14). Refinancing of Credit Agreement and Redemption of Subsidiary Senior Unsecured Notes On March 15, 2021, certain subsidiaries of the Company completed a refinancing of our Credit Agreement. As a result, fees expensed of $4 million as well as previously recorded unamortized debt issuance costs written off of $8 million were recognized within Interest expense, net. On April 23, 2021, certain subsidiaries of the Company issued a notice of redemption for June 1, 2021, for $1,050 million aggregate principal amount of 5.25% Subsidiary Senior Unsecured Notes due in 2026. The redemption amount was equal to 102.625% of the $1,050 million aggregate principal amount redeemed, reflecting a $28 million “call premium”. We recognized the call premium and the write-off of $6 million of unamortized debt issuance costs associated with the notes within Interest expense, net. On September 9, 2020, certain subsidiaries of the Company issued a notice of redemption for $1,050 million aggregate principal amount of 5.00% Subsidiary Senior Unsecured Notes due in 2024. The redemption amount included a $26 million call premium plus accrued and unpaid interest to the date of redemption of October 9, 2020. We recorded the call premium, $6 million of unamortized debt issuance costs associated with the notes and $2 million of accrued and unpaid interest associated with the period of time from prepayment of the notes with the trustee on September 25, 2020, to their redemption date within Interest expense, net. See Note 11 for further discussion of the Credit Agreement and Subsidiary Senior Unsecured Notes. Investment in Grubhub, Inc. ("Grubhub") In April of 2018 we purchased 2.8 million shares of Grubhub common stock for $200 million. In the quarter ended September 30, 2020, we sold our entire investment in Grubhub and received proceeds of $206 million. While we held our investment in Grubhub common stock we recognized changes in the fair value in our investment in our Consolidated Statements of Income. For the years ended December 31, 2020 and 2019, we recognized pre-tax investment income of $69 million and pre-tax investment expense of $77 million, respectively. Income Tax Matters In December of 2019, we completed intra-entity transfers of certain intellectual property (“IP”) rights. As a result of the transfer of certain of these rights, largely to subsidiaries in the United Kingdom (“UK”), we received a step-up in tax basis to current fair value under applicable tax law. To the extent this step-up in tax basis was amortizable against future taxable income, we recognized a one-time deferred tax benefit of $226 million in the quarter ended December 31, 2019. Additionally, we recognized a related deferred tax benefit of $3 million in the year ended December 31, 2020. On July 22, 2020, the UK Finance Act 2020 was enacted resulting in an increase in the UK corporate tax rate from 17% to 19%. As a result, in the year ended December 31, 2020, we remeasured the related deferred tax assets originally recorded as described above and recognized an additional $25 million deferred tax benefit. On June 10, 2021, the UK Finance Act 2021 was enacted resulting in an increase in the UK corporate income tax rate from 19% to 25%. As a result, in the year ended December 31, 2021, we remeasured the related deferred tax assets originally recorded as described above and recognized an additional $64 million deferred tax benefit. In July 2021, we concentrated management responsibility for European (excluding the UK) KFC franchise development, support operations and management oversight in Switzerland (the “KFC Europe Reorganization”). Concurrent with this change in management responsibility, we have completed intra-entity transfers of certain KFC IP rights from subsidiaries in the UK to subsidiaries in Switzerland. With the transfers of these rights, we received a step-up in amortizable tax basis to current fair value under applicable Swiss tax law. As a result of this transfer, we recorded a net one-time deferred tax benefit of $152 million in the year ended December 31, 2021. In December 2021, we continued our KFC Europe Reorganization and completed intra-entity transfers of additional European KFC IP rights from subsidiaries in the U.S. to subsidiaries in Switzerland. With the transfers of these additional rights, we received a step-up in amortizable tax basis to current fair value under applicable Swiss tax law. As a result of this transfer, we recorded a net one-time deferred tax benefit of $35 million in the year ended December 31, 2021.

Revenue Recognition

Revenue Recognition	12 Months Ended
Revenue Recognition	Dec. 31, 2021
Revenue Recognition and Deferred Revenue [Abstract]
Revenue from Contract with Customer	Revenue Recognition Disaggregation of Total Revenues The following tables disaggregate revenue by Concept, for our two most significant markets based on Operating Profit and for all other markets. We believe this disaggregation best reflects the extent to which the nature, amount, timing and uncertainty of our revenues and cash flows are impacted by economic factors. 2021 KFC Division Taco Bell Division Pizza Hut Division Habit Burger Grill Division Total U.S. Company sales $ 65 $ 944 $ 21 $ 520 $ 1,550 Franchise revenues 198 661 279 4 1,142 Property revenues 14 44 5 — 63 Franchise contributions for advertising and other services 28 545 317 1 891 China Franchise revenues 235 — 62 — 297 Other Company sales 531 — 25 — 556 Franchise revenues 1,049 37 249 — 1,335 Property revenues 61 — 2 — 63 Franchise contributions for advertising and other services 612 7 68 — 687 $ 2,793 $ 2,238 $ 1,028 $ 525 $ 6,584 2020 KFC Division Taco Bell Division Pizza Hut Division Habit Burger Grill Division Total U.S. Company sales $ 60 $ 882 $ 21 $ 346 $ 1,309 Franchise revenues 184 593 272 1 1,050 Property revenues 16 44 5 — 65 Franchise contributions for advertising and other services 18 483 317 — 818 China Franchise revenues 204 — 51 — 255 Other Company sales 446 — 55 — 501 Franchise revenues 833 25 222 — 1,080 Property revenues 58 — 2 — 60 Franchise contributions for advertising and other services 453 4 57 — 514 $ 2,272 $ 2,031 $ 1,002 $ 347 $ 5,652 2019 KFC Division Taco Bell Division Pizza Hut Division Total U.S. Company sales $ 74 $ 919 $ 21 $ 1,014 Franchise revenues 175 602 282 1,059 Property revenues 20 44 6 70 Franchise contributions for advertising and other services 10 483 318 811 China Franchise revenues 214 — 60 274 Other Company sales 497 2 33 532 Franchise revenues 912 27 246 1,185 Property revenues 69 — 3 72 Franchise contributions for advertising and other services 520 2 58 580 $ 2,491 $ 2,079 $ 1,027 $ 5,597 Contract Liabilities Our contract liabilities are comprised of unamortized upfront fees received from franchisees and are presented within Accounts payable and other current liabilities and Other liabilities and deferred credits on our Consolidated Balance Sheet. A summary of significant changes to the contract liability balance during 2021 and 2020 is presented below. Deferred Franchise Fees Balance at December 31, 2019 $ 441 Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period (76) Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period 53 Other (a) (3) Balance at December 31, 2020 $ 415 Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period (74) Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period 87 Other (a) (7) Balance at December 31, 2021 $ 421 (a) Includes impact of foreign currency translation, as well as, in 2021, the recognition of deferred franchise fees into Refranchising (gain) loss upon the modification of existing franchise agreements when entering into master franchise agreements. We expect to recognize contract liabilities as revenue over the remaining term of the associated franchise agreement as follows: Less than 1 year $ 68 1 - 2 years 61 2 - 3 years 57 3 - 4 years 50 4 - 5 years 44 Thereafter 141 Total $ 421 We have applied the optional exemption, as provided for under Topic 606, which allows us to not disclose the transaction price allocated to unsatisfied performance obligations when the transaction price is a sales-based royalty.

Supplemental Cash Flow Data (No

Supplemental Cash Flow Data (Notes)	12 Months Ended
Supplemental Cash Flow Data (Notes)	Dec. 31, 2021
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Data	Supplemental Cash Flow Data 2021 2020 2019 Cash Paid For: Interest (a) $ 474 $ 480 $ 497 Income taxes 308 328 283 Significant Non-Cash Investing and Financing Activities: Non-cash refranchising proceeds (b) — 31 6 Reconciliation of Cash and cash equivalents to Consolidated Statements of Cash Flows: Cash and cash equivalents as presented in Consolidated Balance Sheets $ 486 $ 730 $ 605 Restricted cash included in Prepaid expenses and other current assets (c) 250 258 138 Restricted cash and restricted cash equivalents included in Other assets (d) 35 36 25 Cash, Cash Equivalents and Restricted Cash as presented in Consolidated Statements of Cash Flows $ 771 $ 1,024 $ 768 (a) Amounts exclude payments of $28 million in both 2021 and 2020 classified as Interest expense in our Consolidated Statements of Income which are included in Repayments of long-term debt within financing activities in our Consolidated Statements of Cash Flows (see Note 11). (b) In 2020 we received as refranchising consideration a minority interest in an entity (Devyani) that operates KFC and Pizza Hut franchised units in India (see Note 5) and in 2019 we received as refranchising consideration a minority interest in an entity that owns our KFC and Pizza Hut master franchisee rights in Brazil. (c) 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 (see Note 11).

Other (Income) Expense

Other (Income) Expense	12 Months Ended
Other (Income) Expense	Dec. 31, 2021
Other Income and Expenses [Abstract]
Other (Income) Expense	Other (Income) Expense 2021 2020 2019 Foreign exchange net (gain) loss and other (a) $ (14) $ (18) $ (1) Impairment and closure expense (b) 16 172 5 Other (income) expense $ 2 $ 154 $ 4 (a) The year ended December 31, 2019, includes a charge of $8 million for the settlement of contingent consideration associated with our 2013 acquisition of the KFC Turkey and Pizza Hut Turkey businesses.

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	12 Months Ended
Supplemental Balance Sheet Information	Dec. 31, 2021
Supplemental Balance Sheet Information Disclosure [Abstract]
Supplemental Balance Sheet Information	Supplemental Balance Sheet Information Prepaid Expenses and Other Current Assets 2021 2020 Income tax receivable $ 50 $ 35 Restricted cash 250 258 Assets held for sale (a) 12 7 Other prepaid expenses and current assets 138 125 Prepaid expenses and other current assets $ 450 $ 425 Property, Plant and Equipment 2021 2020 Land $ 412 $ 428 Buildings and improvements 1,403 1,423 Finance leases, primarily buildings 67 71 Machinery, equipment and other 595 543 Property, plant and equipment, gross 2,477 2,465 Accumulated depreciation and amortization (1,270) (1,230) Property, plant and equipment, net $ 1,207 $ 1,235 Depreciation and amortization expense related to PP&E was $134 million, $132 million and $114 million in 2021, 2020 and 2019, respectively. Other Assets 2021 2020 Operating lease right-of-use assets $ 809 $ 851 Franchise incentives 164 163 Investment in Devyani International Limited 118 31 Other 396 390 Other assets $ 1,487 $ 1,435 Accounts Payable and Other Current Liabilities 2021 2020 Accounts payable $ 227 $ 215 Accrued compensation and benefits 292 225 Accrued advertising 229 196 Operating lease liabilities 88 97 Accrued interest 78 73 Other current liabilities 420 383 Accounts payable and other current liabilities $ 1,334 $ 1,189 (a) Assets held for sale reflect the carrying value of restaurants we have offered for sale to franchisees and excess properties that we do not intend to use for restaurant operations in the future.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
Goodwill and Intangible Assets	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The changes in the carrying amount of goodwill are as follows: KFC Taco Bell Pizza Hut Habit Burger Grill Worldwide Goodwill, net as of December 31, 2019 (a) $ 233 $ 98 $ 199 $ — $ 530 Disposals and other, net (b) 2 — 3 — 5 Habit Burger Grill acquisition and impairment (See Note 3) — — — 62 62 Goodwill, net as of December 31, 2020 (a) $ 235 $ 98 $ 202 $ 62 $ 597 Acquisitions — — — 10 10 Disposals and other, net (b) (3) — (2) (2) (7) Dragontail Systems acquisition (See Note 3) — — 57 — 57 Goodwill, net as of December 31, 2021 (a) $ 232 $ 98 $ 257 $ 70 $ 657 (a) Goodwill, net includes $144 million of accumulated impairment loss recorded in the year ended December 31, 2020, related to our Habit Burger Grill segment and $17 million of accumulated impairment losses for each year presented related to our Pizza Hut segment. (b) Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising. Intangible assets, net for the years ended 2021 and 2020 are as follows: 2021 2020 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Definite-lived intangible assets Capitalized software costs $ 409 $ (214) $ 335 $ (160) Reacquired franchise rights 41 (33) 39 (33) Franchise contract rights 100 (88) 100 (85) Other 53 (36) 53 (33) $ 603 $ (371) $ 527 $ (311) Indefinite-lived intangible assets KFC trademark $ 31 $ 31 Habit Burger Grill brand asset 96 96 $ 127 $ 127

Short-term Borrowings and Long-

Short-term Borrowings and Long-term Debt	12 Months Ended
Short-term Borrowings and Long-term Debt	Dec. 31, 2021
Debt Disclosure [Abstract]
Short-term Borrowings and Long-term Debt	Short-term Borrowings and Long-term Debt 2021 2020 Short-term Borrowings Current maturities of long-term debt $ 75 $ 463 Less current portion of debt issuance costs and discounts (7) (10) Short-term borrowings $ 68 $ 453 Long-term Debt Securitization Notes $ 3,811 $ 2,869 Subsidiary Senior Unsecured Notes 750 1,800 Term Loan A Facility 750 431 Term Loan B Facility 1,489 1,916 YUM Senior Unsecured Notes 4,475 3,725 Finance lease obligations (See Note 12) 64 72 $ 11,339 $ 10,813 Less debt issuance costs and discounts (86) (78) Less current maturities of long-term debt (75) (463) Long-term debt $ 11,178 $ 10,272 Securitization Notes T aco Bell Funding, LLC (the “Issuer”), a special purpose limited liability company and a direct, wholly-owned subsidiary of Taco Bell Corp. (“TBC”) through a series of securitization transactions has issued fixed rate senior secured notes collectively referred to as the “Securitization Notes”. The following table summarizes Securitization Notes outstanding at December 31, 2021: Interest Rate Issuance Date Anticipated Repayment Date (a) Outstanding Principal Stated Effective (b) May 2016 May 2026 $ 955 4.970 % 5.14 % November 2018 November 2028 $ 606 4.940 % 5.06 % August 2021 February 2027 $ 900 1.946 % 2.11 % August 2021 February 2029 $ 600 2.294 % 2.42 % August 2021 August 2031 $ 750 2.542 % 2.64 % (a) The legal final maturity dates of the Securitization Notes issued in 2016, 2018 and 2021 are May 2046, November 2048 and August 2051, respectively. If the Issuer has not repaid or refinanced a series of Securitization Notes prior to its respective Anticipated Repayment Dates, rapid amortization of principal on all Securitization Notes will occur and additional interest will accrue on the Securitization Notes. (b) Includes the effects of the amortization of any discount and debt issuance costs. The Securitization Notes were issued in transactions pursuant to which certain of TBC’s domestic assets, consisting principally of franchise-related agreements and domestic intellectual property, were contributed to the Issuer and the Issuer’s special purpose, wholly-owned subsidiaries (the “Guarantors”, and collectively with the Issuer, the "Securitization Entities") to secure the Securitization Notes. The Securitization Notes are secured by substantially all of the assets of the Securitization Entities, and include a lien on all existing and future U.S. Taco Bell franchise and license agreements and the royalties payable thereunder, existing and future U.S. Taco Bell intellectual property, certain transaction accounts and a pledge of the equity interests in asset owning Securitization Entities. The remaining U.S. Taco Bell assets that were excluded from the transfers to the Securitization Entities continue to be held by Taco Bell of America, LLC ("TBA") and TBC. The Securitization Notes are not guaranteed by the remaining U.S. Taco Bell assets, the Company, or any other subsidiary of the Company. On August 19, 2021, the Issuer completed a refinancing transaction and issued $900 million of its Series 2021-1 1.946% Fixed Rate Senior Secured Notes, Class A-2-I (the “2021 Class A-2-I Notes”), $600 million of its Series 2021-1 2.294% Fixed Rate Senior Secured Notes, Class A-2-II (the “2021 Class A-2-II Notes”) and $750 million of its Series 2021-1 2.542% Fixed Rate Senior Secured Notes, Class A-2-III (the “2021 Class A-2-III Notes” and, together with the 2021 Class A-2-I Notes and the 2021 Class A-2-II Notes, the “2021 Class A-2 Notes”). The net proceeds from the issuance of the 2021 Class A-2 Notes were used to repay in full the 2016-1 Class A-2- II Notes of $480 million and 2018-1 Class A-2-I Notes of $804 million. The remaining net proceeds were distributed to TBC to pay certain transaction-related expenses, for general corporate purposes and to return capital to shareholders of the Company. Payments of interest and principal on the Securitization Notes are made from the continuing fees paid pursuant to the franchise and license agreements with all U.S. Taco Bell restaurants, including both company and franchise operated restaurants. Interest on and principal payments of the Securitization Notes are due on a quarterly basis. In general, no amortization of principal of the Securitization Notes is required prior to their anticipated repayment dates unless as of any quarterly measurement date the consolidated leverage ratio (the ratio of total debt to Net Cash Flow (as defined in the related indenture)) for the preceding four fiscal quarters of either the Company and its subsidiaries or the Issuer and its subsidiaries exceeds 5.0:1, in which case amortization payments of 1% per year of the outstanding principal as of the closing of the Securitization Notes are required. As of the most recent quarterly measurement date the consolidated leverage ratio for both the Company and its subsidiaries as well as the Issuer and its subsidiaries exceeded 5.0:1 and, as a result, amortization payments are required. As a result of the issuance of the 2021 Class A-2 Notes, $19 million of fees were capitalized as debt issuance costs. The debt issuance costs are being amortized to Interest expense, net through the Anticipated Repayment Dates of the Securitization Notes utilizing the effective interest rate method. Previously recorded unamortized debt issuance costs written off totaling approximately $5 million were recognized within Interest expense, net due to the extinguishment of the 2016-1 Class A-2-II Notes and 2018-1 Class A-2-I Notes. The Securitization Notes are subject to a series of covenants and restrictions customary for transactions of this type, including (i) that the Issuer maintains specified reserve accounts to be available to make required interest payments in respect of the Securitization Notes, (ii) provisions relating to optional and mandatory prepayments and the related payment of specified amounts, including specified make-whole payments in the case of the Securitization Notes under certain circumstances, (iii) certain indemnification payments relating to taxes, enforcement costs and other customary items and (iv) covenants relating to recordkeeping, access to information and similar matters. The Securitization Notes are also subject to rapid amortization events provided for in the indenture, including events tied to failure to maintain a stated debt service coverage ratio (as defined in the related indenture) of at least 1.1:1, gross domestic sales for U.S. Taco Bell restaurants being below certain levels on certain measurement dates, a manager termination event, an event of default and the failure to repay or refinance the Securitization Notes on the Anticipated Repayment Date (subject to limited cure rights). The Securitization Notes are also subject to certain customary events of default, including events relating to non-payment of required interest or principal due on the Securitization Notes, failure to comply with covenants within certain time frames, certain bankruptcy events, breaches of specified representations and warranties, failure of security interests to be effective, certain judgments and failure of the Securitization Entities to maintain a stated debt service coverage ratio. As of December 31, 2021, we were in compliance with all of our debt covenant requirements and were not subject to any rapid amortization events. In accordance with the indenture, certain cash accounts have been established with the indenture trustee for the benefit of the note holders, and are restricted in their use. The indenture requires a certain amount of securitization cash flow collections to be allocated on a weekly basis and maintained in a cash reserve account. As of December 31, 2021, the Company had restricted cash of $84 million primarily related to required interest reserves included in Prepaid expenses and other current assets on the Consolidated Balance Sheets. Once the required obligations are satisfied, there are no further restrictions, including payment of dividends, on the cash flows of the Securitization Entities. Additional cash reserves are required if any of the rapid amortization events occur, as noted above, or in the event that as of any quarterly measurement date the Securitization Entities fail to maintain a debt service coverage ratio (or the ratio of Net Cash Flow to all debt service payments for the preceding four fiscal quarters) of at least 1.75:1. The amount of weekly securitization cash flow collections that exceed the required weekly allocations is generally remitted to the Company. During the most recent quarter ended December 31, 2021, the Securitization Entities maintained a debt service coverage ratio significantly in excess of the 1.75:1 requirement. Term Loan Facilities, Revolving Facility and Subsidiary Senior Unsecured Notes KFC Holding Co., Pizza Hut Holdings, LLC, and TBA, each of which is a wholly-owned subsidiary of the Company, as co-borrowers (the "Borrowers") have entered into a credit agreement providing for senior secured credit facilities and a $1.25 billion revolving facility (the Revolving Facility"). The senior secured credit facilities, which include a Term Loan A Facility and a Term Loan B Facility, and the Revolving Facility are collectively referred to as the "Credit Agreement". Additionally, the Borrowers through a series of transactions have issued Subsidiary Senior Unsecured Notes (collectively referred to as the “Subsidiary Senior Unsecured Notes”). On March 15, 2021, the Borrowers completed the refinancing of the then existing $1.9 billion term loan B facility, $431 million term loan A facility and $1.0 billion revolving facility through the issuance of a $1.5 billion term loan B facility maturing March 15, 2028 (the “Term Loan B Facility”), a $750 million term loan A facility maturing March 15, 2026 (the “Term Loan A Facility”) and a $1.25 billion revolving facility maturing March 15, 2026 (the “Revolving Facility”) pursuant to an amendment to the Credit Agreement. The amendment reduced the interest rate currently applicable to the refinanced Term Loan A Facility and for borrowings under the refinanced Revolving Facility by 25 basis points. As a result of this Credit Agreement refinancing, $8 million of fees were capitalized as debt issuance costs, $3 million of which were paid directly to lenders. The debt issuance costs will be amortized to Interest expense, net through the contractual maturities of the Credit Agreement using the effective interest method. During the quarter ended March 31, 2021, fees expensed of $4 million as well as previously recorded unamortized debt issuance costs written off of $8 million were recognized within Interest expense, net due to this refinancing. On April 23, 2021, the Borrowers issued a notice of redemption for June 1, 2021 for $1,050 million aggregate principal amount of 5.25% Subsidiary Senior Unsecured Notes due in 2026 (the “2026 Notes”). The redemption amount was equal to 102.625% of the $1,050 million aggregate principal amount redeemed, reflecting a $28 million “call premium”. We recognized the call premium and the write-off of $6 million of unamortized debt issuance costs associated with the 2026 Notes within Interest expense, net in the quarter ended June 30, 2021. The following table summarizes borrowings outstanding under the Credit Agreement as well as our Subsidiary Senior Unsecured Notes as of December 31, 2021. There are no outstanding borrowings under the Revolving Facility and $2.1 million of letters of credit outstanding as of December 31, 2021. Interest Rate Issuance Date Maturity Date Outstanding Principal Stated Effective (b) Term Loan A Facility March 2021 March 2026 $ 750 (a) 0.96 % Term Loan B Facility March 2021 March 2028 $ 1,489 (a) 4.99 % Senior Note Due 2027 June 2017 June 2027 $ 750 4.75 % 4.90 % (a) Subsequent to the refinance, the interest rates applicable to the Term Loan A Facility as well as the Revolving Facility range from 0.75% to 1.50% plus LIBOR or from 0.00% to 0.50% plus the Base Rate (as defined in the Credit Agreement), at the Borrowers’ election, based upon the total leverage ratio (as defined in the Credit Agreement). As of December 31, 2021, the interest rate spreads on the LIBOR and Base Rate applicable to our Term Loan A Facility were 0.75% and 0.00%, respectively. The interest rates applicable to the Term Loan B Facility are 1.75% plus LIBOR or 0.75% plus the Base Rate, at the Borrowers’ election. (b) Includes the effects of the amortization of any discount and debt issuance costs as well as the impact of the interest rate swaps on the Term Loan A and Term Loan B Facilities (see Note 13). The effective rates related to our Term Loan A and B Facilities are based on LIBOR-based interest rates through December 31, 2021. The refinanced Term Loan A Facility is subject to quarterly amortization payments in an amount equal to 0.625% of the principal amount of the facility as of the refinance date beginning with the second quarter of 2022. The Term Loan A Facility quarterly amortization payments increase to 1.25% of the principal amount of the facility as of the refinance date beginning with the second quarter of 2024 with the balance payable at maturity on March 15, 2026. The Term Loan B Facility is subject to quarterly amortization payments in an amount equal to 0.25% of the initial principal amount of the facility as of the refinance date with the balance now payable at maturity on March 15, 2028. All other material provisions under the Credit Agreement remained unchanged. The Credit Agreement is unconditionally guaranteed by the Company and certain of the Borrowers’ principal domestic subsidiaries and excludes Taco Bell Funding LLC and its special purpose, wholly-owned subsidiaries (see above). The Credit Agreement is also secured by first priority liens on substantially all assets of the Borrowers and each subsidiary guarantor, excluding the stock of certain subsidiaries and certain real property, and subject to other customary exceptions. The Credit Agreement is subject to certain mandatory prepayments, including an amount equal to 50% of excess cash flow (as defined in the Credit Agreement) on an annual basis and the proceeds of certain asset sales, casualty events and issuances of indebtedness, subject to customary exceptions and reinvestment rights. The Credit Agreement includes two financial maintenance covenants which require the Borrowers to maintain a total leverage ratio (defined as the ratio of Consolidated Total Debt to Consolidated EBITDA (as these terms are defined in the Credit Agreement)) of 5.0:1 or less and a fixed charge coverage ratio (defined as the ratio of EBITDA minus capital expenditures to fixed charges (inclusive of rental expense and scheduled amortization)) of at least 1.5:1, each as of the last day of each fiscal quarter. The Credit Agreement includes other affirmative and negative covenants and events of default that are customary for facilities of this type. The Credit Agreement contains, among other things, limitations on certain additional indebtedness and liens, and certain other transactions specified in the agreement. We were in compliance with all debt covenants as of December 31, 2021. The Subsidiary Senior Unsecured Notes are guaranteed on a senior unsecured basis by (i) the Company, (ii) the Specified Guarantors (as defined in the Credit Agreement) and (iii) by each of the Borrower's and the Specified Guarantors’ domestic subsidiaries that guarantees the Borrower's obligations under the Credit Agreement, except for any of the Company’s foreign subsidiaries. The indenture governing the Subsidiary Senior Unsecured Notes contains covenants and events of default that are customary for debt securities of this type. We were in compliance with all debt covenants as of December 31, 2021. YUM Senior Unsecured Notes The majority of our remaining long-term debt primarily comprises YUM Senior Unsecured Notes. The following table summarizes all YUM Senior Unsecured Notes issued that remain outstanding at December 31, 2021: Interest Rate Issuance Date Maturity Date Principal Amount (in millions) Stated Effective (a) October 2007 November 2037 $ 325 6.88 % 7.45 % October 2013 November 2023 $ 325 3.88 % 4.01 % October 2013 November 2043 $ 275 5.35 % 5.42 % September 2019 January 2030 $ 800 4.75 % 4.90 % April 2020 April 2025 $ 600 7.75 % 8.05 % September 2020 March 2031 $ 1,050 3.63 % 3.77 % April 2021 January 2032 $ 1,100 4.63 % 4.77 % (a) Includes the effects of the amortization of any (1) premium or discount; (2) debt issuance costs; and (3) gain or loss upon settlement of related treasury locks and forward starting interest rate swaps utilized to hedge the interest rate risk prior to debt issuance. On April 1, 2021, Yum! Brands, Inc. issued $1.1 billion aggregate principal amount of 4.625% YUM Senior Unsecured Notes due January 31, 2032 (the “2032 Notes”). Interest on the 2032 Notes is payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2021. The Company paid debt issuance costs of $13 million in connection with the 2032 Notes. The debt issuance costs will be amortized to Interest expense, net over the life of the 2032 Notes using the effective interest method. We used the net proceeds from the 2032 Notes to fund the redemption of the 2026 Notes discussed above. On June 30, 2021, Yum! Brands, Inc. issued a notice of redemption for $350 million aggregate principal amount of 3.75% YUM Senior Unsecured Notes due November 1, 2021 (the “2021 Notes”). The redemption, which occurred on August 2, 2021, was in an amount equal to 100% of the principal amount of the 2021 Notes, plus accrued interest to the date of redemption. The YUM Senior Unsecured Notes represent senior, unsecured obligations and rank equally in right of payment with all of our existing and future unsecured unsubordinated indebtedness. Our YUM Senior Unsecured Notes contain covenants and events of default that are customary for debt securities of this type, including cross-default provisions whereby the acceleration of the maturity of any of our indebtedness in a principal amount in excess of $50 million ($100 million or more in the case of the YUM Senior Unsecured Notes issued in 2019 and subsequent years) will constitute a default under the YUM Senior Unsecured Notes unless such indebtedness is discharged, or the acceleration of the maturity of that indebtedness is annulled, within 30 days after notice. The annual maturities of all Short-term borrowings and Long-term debt as of December 31, 2021, excluding finance lease obligations of $ 64 million Year ended: 2022 $ 68 2023 398 2024 87 2025 692 2026 1,606 Thereafter 8,424 Total $ 11,275

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2021
Leases [Abstract]
Leases	Lease Accounting Components of Lease Expense 2021 2020 2019 Operating lease cost $ 145 $ 137 $ 115 Finance lease cost Amortization of right-of-use assets 5 5 3 Interest on lease liabilities 4 3 3 Total finance lease cost $ 9 $ 8 $ 6 Sublease income $ (59) $ (60) $ (69) Supplemental Cash Flow Information 2021 2020 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 140 $ 133 $ 104 Operating cash flows from finance leases 4 3 3 Financing cash flows from finance leases 4 5 4 Right-of-use assets obtained in exchange for lease obligations Operating leases (a) 119 296 79 Finance leases 5 4 14 Operating lease liabilities transferred through refranchising (25) (3) (25) Finance lease and other debt obligations transferred through refranchising (2) (1) (1) (a) The year ended December 31, 2020, includes right-of-use assets acquired as part of the acquisition of Habit Burger Grill of $196 million (See Note 3). Supplemental Balance Sheet Information 2021 2020 Consolidated Balance Sheet Assets Operating lease right-of-use assets $ 809 $ 851 Other assets Finance lease right-of-use assets 37 40 Property, plant and equipment, net Total right-of-use assets (a) $ 846 $ 891 Liabilities Current Operating $ 88 $ 97 Accounts payable and other current liabilities Finance 7 7 Short-term borrowings Non-current Operating 793 823 Other liabilities and deferred credits Finance 57 65 Long-term debt Total lease liabilities (a) $ 945 $ 992 Weighted-average Remaining Lease Term (in years) Operating leases 10.9 11.1 Finance leases 12.1 12.2 Weighted-average Discount Rate Operating leases 4.9 % 5.1 % Finance leases 6.4 % 6.5 % (a) U.S. operating lease right-of-use assets and liabilities totaled $516 million and $577 million, respectively, as of December 31, 2021, and $499 million and $556 million, respectively, as of December 31, 2020. These amounts primarily related to Taco Bell U.S. and the Habit Burger Grill including leases related to Company-operated restaurants, leases related to franchise-operated restaurants we sublease and the Taco Bell restaurant support center. Maturity of Lease Payments and Receivables Future minimum lease payments, including rental payments for lease renewal options we are reasonably certain to exercise, and amounts to be received as lessor or sublessor as of December 31, 2021, were as follows: Commitments Lease Receivables Finance Operating Direct Financing Operating 2022 $ 10 $ 131 $ 4 $ 84 2023 9 128 3 81 2024 8 119 3 78 2025 7 109 3 68 2026 7 101 2 72 Thereafter 48 575 23 550 Total lease payments/receipts 89 1,163 38 $ 933 Less imputed interest/unearned income (25) (282) (14) Total lease liabilities/receivables $ 64 $ 881 $ 24 As of December 31, 2021, we have executed real estate leases that have not yet commenced with estimated future nominal lease payments of approximately $125 million, which are not included in the tables above. These leases are expected to commence in 2022 and 2023 with lease terms of up to 20 years.

Derivative Instruments (Notes)

Derivative Instruments (Notes)	12 Months Ended
Derivative Instruments (Notes)	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Derivative Instruments We use derivative instruments to manage certain of our market risks related to fluctuations in interest rates and foreign currency exchange rates. Interest Rate Swaps We have entered into interest rate swaps with the objective of reducing our exposure to interest rate risk for a portion of our variable-rate debt interest payments. On July 25, 2016, we agreed with multiple counterparties to swap the variable LIBOR-based component of the interest payments related to $1.55 billion of borrowings under our Term Loan B Facility. These interest rate swaps expired in July 2021. Further, on May 14, 2018, we entered into forward-starting interest rate swaps to fix the interest rate on $1.5 billion of combined borrowings under our Term Loan A and Term Loan B Facilities from the date the July 2016 swaps expired through March 2025. The interest rate swaps executed in May 2018 result in fixed rates of 3.81% and 4.81% on the swapped portion of the Term Loan A and Term Loan B Facilities, respectively, from July 2021 through March 2025. These interest rate swaps are designated cash flow hedges as the changes in the future cash flows of the swaps are expected to offset changes in expected future interest payments on the related variable-rate debt. There were no other interest rate swaps outstanding as of December 31, 2021. Gains or losses on the interest rate swaps are reported as a component of AOCI and reclassified into Interest expense, net in our Consolidated Statements of Income in the same period or periods during which the related hedged interest payments affect earnings. Through December 31, 2021, the swaps were highly effective cash flow hedges. Foreign Currency Contracts We have entered into foreign currency forward and swap contracts with the objective of reducing our exposure to earnings volatility arising from foreign currency fluctuations associated with certain foreign currency denominated intercompany receivables and payables. The notional amount, maturity date, and currency of these contracts match those of the underlying intercompany receivables or payables. Our foreign currency contracts are designated cash flow hedges as the future cash flows of the contracts are expected to offset changes in intercompany receivables and payables due to foreign currency exchange rate fluctuations. Gains or losses on the foreign currency contracts are reported as a component of AOCI. Amounts are reclassified from AOCI each quarter to offset foreign currency transaction gains or losses recorded within Other (income) expense when the related intercompany receivables and payables affect earnings due to their functional currency remeasurements. Through December 31, 2021, all foreign currency contracts related to intercompany receivables and payables were highly effective cash flow hedges. As of December 31, 2021 and 2020, foreign currency contracts outstanding related to intercompany receivables and payables had total notional amounts of $28 million and $39 million, respectively. Our foreign currency forward contracts all have durations that expire in 2022. As a result of the use of interest rate swaps and foreign currency contracts, the Company is exposed to risk that the counterparties will fail to meet their contractual obligations. To mitigate the counterparty credit risk, we only enter into contracts with major financial institutions carefully selected based upon their credit ratings and other factors, and continually assess the creditworthiness of counterparties. At December 31, 2021, all of the counterparties to our interest rate swaps and foreign currency contracts had investment grade ratings according to the three major ratings agencies. To date, all counterparties have performed in accordance with their contractual obligations. Gains and losses on derivative instruments designated as cash flow hedges recognized in OCI and reclassifications from AOCI into Net Income: Gains/(Losses) Recognized in OCI (Gains)/Losses Reclassified from AOCI into Net Income 2021 2020 2019 2021 2020 2019 Interest rate swaps $ 34 $ (103) $ (71) $ 29 $ 10 $ (17) Foreign currency contracts — 4 20 (1) (4) (8) Income tax benefit/(expense) (9) 24 16 (5) (1) 4 As of December 31, 2021, the estimated net loss included in AOCI related to our cash flow hedges that will be reclassified into earnings in the next 12 months is $38 million, based on current LIBOR interest rates. Total Return Swaps Beginning in 2021, we have entered into total return swap derivative contracts, with the objective of reducing our exposure to market-driven changes in certain of the liabilities associated with compensation deferrals into our EID plan. While these total return swaps represent economic hedges, we have not designated them as hedges for accounting purposes. As a result, the changes in the fair value of these derivatives are recognized immediately in earnings within General and administrative expenses in our Consolidated Statements of Income largely offsetting the changes in the associated EID liabilities. The fair value associated with the total return swaps as of December 31, 2021, was not significant. See Note 14 for the fair value of our derivative assets and liabilities.

Fair Value Disclosures

Fair Value Disclosures	12 Months Ended
Fair Value Disclosures	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures As of December 31, 2021, the carrying values of cash and cash equivalents, restricted cash, short-term investments, accounts receivable, short-term borrowings and accounts payable approximated their fair values because of the short-term nature of these instruments. The fair value of notes receivable net of allowances and lease guarantees less subsequent amortization approximates their carrying value. The following table presents the carrying value and estimated fair value of the Company’s debt obligations: 2021 2020 Carrying Value Fair Value (Level 2) Carrying Value Fair Value (Level 2) Securitization Notes (a) $ 3,811 $ 3,872 $ 2,869 $ 3,015 Subsidiary Senior Unsecured Notes (b) 750 784 1,800 1,890 Term Loan A Facility (b) 750 748 431 428 Term Loan B Facility (b) 1,489 1,490 1,916 1,907 YUM Senior Unsecured Notes (b) 4,475 4,845 3,725 4,094 (a) We estimated the fair value of the Securitization Notes using market quotes and calculations. The markets in which the Securitization Notes trade are not considered active markets. (b) We estimated the fair value of the YUM and Subsidiary Senior Unsecured Notes, Term Loan A Facility, and Term Loan B Facility using market quotes and calculations based on market rates. Recurring Fair Value Measurements The Company has interest rate swaps, foreign currency contracts and other investments, all of which are required to be measured at fair value on a recurring basis (see Note 13 for discussion regarding derivative instruments). The following table presents fair values for those assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the measurements fall. Fair Value Consolidated Balance Sheet Level 2021 2020 Assets Foreign Currency Contracts Prepaid expenses and other current assets 2 — 1 Other Investments Other assets 1 119 45 Other Investments Other assets 3 5 — Liabilities Interest Rate Swaps Accounts Payable and other current liabilities 2 38 28 Interest Rate Swaps Other liabilities and deferred credits 2 54 127 The fair value of the Company’s foreign currency contracts and interest rate swaps were determined based on the present value of expected future cash flows considering the risks involved, including nonperformance risk, and using discount rates appropriate for the duration based on observable inputs. The other investments as of December 31, 2021, primarily include our approximate 5% minority interest in Devyani with a fair value of $118 million. On August 16, 2021, Devyani executed an initial public offering and subsequently the fair value of these equity securities became readily determinable (see Note 5). Prior to the initial public offering the fair value of these equity securities was not readily determinable and we applied the measurement alternative in accordance with ASC Topic 321, Investments - Equity Securities. The other investments as of December 31, 2020, primarily include investments in mutual funds, which were historically used to offset fluctuations for a portion of our EID liabilities and whose fair values were determined based on the closing market prices of the respective mutual funds. In the quarter ended March 31, 2021, upon entering into the total return swaps as disclosed in Note 13, we sold these investments in mutual funds and received cash proceeds of $44 million. These proceeds have been classified within Other, net cash flows from investing activities within our Consolidated Statements of Cash Flows. Non-Recurring Fair Value Measurements During the year ended December 31, 2021, we recognized non-recurring fair value measurements of $6 million related to refranchising related impairment. Refranchising related impairment results from writing down the assets of restaurants or restaurant groups offered for refranchising, including certain instances where a decision has been made to refranchise restaurants that are deemed to be impaired. The fair value measurements used in our impairment evaluation were based on actual bids received from potential buyers (Level 2). The remaining net book value of these restaurants at December 31, 2021, was approximately $6 million. During the years ended December 31, 2021 and 2020, we recognized non-recurring fair value measurements of $4 million and $12 million, respectively, related to restaurant-level impairment. Restaurant-level impairment charges are recorded in Other (income) expense and resulted primarily from our impairment evaluation of long-lived assets of individual restaurants that were being operated at the time of impairment and had not been offered for refranchising. The fair value measurements used in these impairment evaluations were based on discounted cash flow estimates using unobservable inputs (Level 3). These amounts exclude fair value measurements made for assets that were subsequently disposed of prior to those respective year end dates. The remaining net book value of restaurant assets measured at fair value during the years ended December 31, 2021 and 2020,

Pension, Retiree Medical and Re

Pension, Retiree Medical and Retiree Savings Plans	12 Months Ended
Pension, Retiree Medical and Retiree Savings Plans	Dec. 31, 2021
Retirement Benefits [Abstract]
Retiree Medical Benefits	Pension, Retiree Medical and Retiree Savings Plans U.S. Pension Plans We sponsor qualified and supplemental (non-qualified) noncontributory defined benefit plans covering certain full-time salaried and hourly U.S. employees. The qualified plan meets the requirements of certain sections of the Internal Revenue Code and provides benefits to a broad group of employees with restrictions on discriminating in favor of highly compensated employees with regard to coverage, benefits and contributions. The supplemental plans provides additional benefits to certain employees. We fund our supplemental plans as benefits are paid. The most significant of our U.S. plans is the YUM Retirement Plan (the “Plan”), which is a qualified plan. Our funding policy with respect to the Plan is to contribute amounts necessary to satisfy minimum pension funding requirements, including requirements of the Pension Protection Act of 2006, plus additional amounts from time-to-time as are determined to be necessary to improve the Plan’s funded status. We do not expect to make any significant contributions to the Plan in 2022. Our two significant U.S. plans, including the Plan and a supplemental plan, were previously amended such that any salaried employee hired or rehired by YUM after September 30, 2001, is not eligible to participate in those plans. We do not anticipate any plan assets being returned to the Company during 2022 for any U.S. plans. Obligation and Funded Status at Measurement Date: The following chart summarizes the balance sheet impact, as well as benefit obligations, assets, and funded status associated with our two significant U.S. pension plans. The actuarial valuations for all plans reflect measurement dates coinciding with our fiscal year end. 2021 2020 Change in benefit obligation: Benefit obligation at beginning of year $ 1,133 $ 1,015 Service cost 8 8 Interest cost 32 35 Plan amendments 1 1 Special termination benefits — 2 Benefits paid (33) (46) Settlement payments (67) — Actuarial (gain) loss (5) 118 Benefit obligation at end of year $ 1,069 $ 1,133 A significant component of the overall decrease in the Company's benefit obligation for the year ended December 31, 2021, was due to settlement payments, which were primarily related to a resource optimization program initiated in the third quarter of 2020 (see Note 5). A significant component of the overall increase in the Company's benefit obligation for the year ended December 31, 2020, was due to an actuarial loss, which was primarily due to a decrease in the discount rate used to measure our benefit obligation from 3.50% at December 31, 2019, to 2.80% at December 31, 2020. 2021 2020 Change in plan assets: Fair value of plan assets at beginning of year $ 1,014 $ 886 Actual return on plan assets 88 168 Employer contributions 8 6 Benefits paid (33) (46) Settlement payments (67) — Fair value of plan assets at end of year $ 1,010 $ 1,014 Funded status at end of year $ (59) $ (119) Amounts recognized in the Consolidated Balance Sheet: 2021 2020 Accrued benefit asset - non-current $ 43 $ — Accrued benefit liability - current (7) (9) Accrued benefit liability - non-current (95) (110) $ (59) $ (119) The accumulated benefit obligation was $1,048 million and $1,111 million at December 31, 2021 and 2020, respectively. The table below provides information for those pension plan(s) with an accumulated benefit obligation in excess of plan assets. The pension plan(s) included also have a projected benefit obligation in excess of plan assets. 2021 2020 Projected benefit obligation $ 102 $ 1,133 Accumulated benefit obligation 98 1,111 Fair value of plan assets — 1,014 Components of net periodic benefit cost: 2021 2020 2019 Service cost $ 8 $ 8 $ 6 Interest cost 32 35 39 Amortization of prior service cost (a) 6 5 6 Expected return on plan assets (43) (43) (44) Amortization of net loss 14 14 1 Net periodic benefit cost $ 17 $ 19 $ 8 Additional (gain) loss recognized due to: Settlement charges (b) $ — $ — $ 3 Special termination benefits $ — $ 2 $ — (a) Prior service costs are amortized on a straight-line basis over the average remaining service period of employees expected to receive benefits. (b) Settlement losses result when benefit payments exceed the sum of the service cost and interest cost within a plan during the year. These losses were recorded in Other pension (income) expense. Pension gains (losses) in AOCI: 2021 2020 Beginning of year $ (111) $ (136) Net actuarial gain (loss) 49 7 Curtailments — 1 Amortization of net loss 14 14 Amortization of prior service cost 6 5 Prior service cost (1) (2) End of year $ (43) $ (111) Accumulated pre-tax losses recognized within AOCI: 2021 2020 Actuarial net loss $ (33) $ (96) Prior service cost (10) (15) $ (43) $ (111) Weighted-average assumptions used to determine benefit obligations at the measurement dates: 2021 2020 Discount rate 3.00 % 2.80 % Rate of compensation increase 3.00 % 3.00 % Weighted-average assumptions used to determine the net periodic benefit cost for fiscal years: 2021 2020 2019 Discount rate 2.80 % 3.50 % 4.60 % Long-term rate of return on plan assets 5.25 % 5.50 % 5.75 % Rate of compensation increase 3.00 % 3.00 % 3.00 % Our estimated long-term rate of return on plan assets represents the weighted-average of expected future returns on the asset categories included in our target investment allocation based primarily on the historical returns for each asset category and future growth expectations. Plan Assets The fair values of our pension plan assets at December 31, 2021 and 2020 by asset category and level within the fair value hierarchy are as follows: 2021 2020 Level 1: Cash $ 237 $ 9 Cash Equivalents (a) 80 10 Fixed Income Securities - U.S. Corporate (b) 41 164 Equity Securities - U.S. (b) — 409 Equity Securities - Non-U.S. (b) — 102 Level 2: Fixed Income Securities - U.S. Corporate (c) 49 148 Fixed Income Securities - U.S. Government and Government Agencies (d) 175 354 Fixed Income Securities - Other (d) 30 30 Total assets in the fair value hierarchy 612 1,226 Investments measured at net asset value (e) Equity Securities 456 — Total fair value of plan assets (f) $ 1,068 $ 1,226 (a) Short-term investments in money market funds. (b) Securities held in common or collective trusts. (c) Investments held directly by the Plan. (d) Includes securities held in common or collective trusts and investments held directly by the Plan. (e) Includes securities that have been measured at fair value using the net asset value per unit practical expedient due to the absence of readily available market prices. Accordingly, these securities have not been classified in the fair value hierarchy. (f) 2021 and 2020 exclude net unsettled trade payables of $58 million and $212 million, respectively. Our primary objectives regarding the investment strategy for the Plan’s assets are to reduce interest rate and market risk and to provide adequate liquidity to meet immediate and future payment requirements. To achieve these objectives, we are using a combination of active and passive investment strategies. As of December 31, 2021, the Plan's assets were in the process of being transitioned to the weighted-average target allocation summarized as follows: Asset Category Target Allocation Fixed income 49 % Equity securities 32 % Real assets 19 % In addition to allocation differences between target percentages and actual plan assets at December 31, 2021, due to the transition described above, allocations to each asset class may vary from target allocations due to periodic investment strategy changes, market value fluctuations, the length of time it takes to fully implement investment allocation positions and the timing of benefit payments and contributions. Fixed income securities at December 31, 2021, primarily consist of a diversified portfolio of long duration instruments that are intended to mitigate interest rate risk or reduce the interest rate duration mismatch between the assets and liabilities of the Plan. A smaller allocation (constituting 40% of the fixed income target allocation) is to diversified credit investments in a range of public and credit securities, including below investment grade rated bonds and loans, securitized credit and emerging market debt. Equity securities at December 31, 2021, consist primarily of investments in publicly traded common stocks and other equity-type securities issued by companies throughout the world, including convertible securities, preferred stock, rights and warrants. Real assets represent investments in real estate and infrastructure. These may take the form of debt or equity securities in public or private funds. No amounts had yet to be invested in real assets at December 31, 2021, as part of the aforementioned transition. A mutual fund held as an investment by the Plan includes shares of Common Stock valued at $0.2 million and $0.3 million at December 31, 2021 and 2020, respectively, (less than 1% of total plan assets in each instance). Benefit Payments The benefits expected to be paid in each of the next five years and in the aggregate for the five years thereafter are set forth below: Year ended: 2022 $ 47 2023 50 2024 52 2025 57 2026 59 2027 - 2031 293 Expected benefit payments are estimated based on the same assumptions used to measure our benefit obligation on the measurement date and include benefits attributable to estimated future employee service. International Pension Plans We also sponsor various defined benefit plans covering certain of our non-U.S. employees, the most significant of which are in the UK. Both of our UK plans have previously been frozen such that they are closed to new participants and existing participants can no longer earn future service credits. At the end of 2021 and 2020, the projected benefit obligations of these UK plans totaled $351 million and $362 million, respectively and plan assets totaled $446 million and $440 million, respectively. These plans were both in a net overfunded position at the end of 2021 and 2020. Total actuarial pre-tax losses related to the UK plans of $5 million and $18 million were recognized in AOCI at the end of 2021 and 2020, respectively. The total net periodic benefit income recorded was less than $1 million in both 2021 and 2020, and $2 million in 2019. The funding rules for our pension plans outside of the U.S. vary from country to country and depend on many factors including discount rates, performance of plan assets, local laws and regulations. We do not plan to make significant contributions to either of our UK plans in 2022. Retiree Medical Benefits Our post-retirement plan provides health care benefits, principally to U.S. salaried retirees and their dependents, and includes retiree cost-sharing provisions and a cap on our liability. This plan was previously amended such that any salaried employee hired or rehired by YUM after September 30, 2001, is not eligible to participate in this plan. Employees hired prior to September 30, 2001, are eligible for benefits if they meet age and service requirements and qualify for retirement benefits. We fund our post-retirement plan as benefits are paid. At the end of 2021 and 2020, the accumulated post-retirement benefit obligation was $42 million and $46 million, respectively. Actuarial pre-tax gains of $6 million and $4 million were recognized in AOCI at the end of 2021 and 2020, respectively. The net periodic benefit cost recorded was $1 million in each of 2021, 2020 and 2019, the majority of which is interest cost on the accumulated post-retirement benefit obligation. The weighted-average assumptions used to determine benefit obligations and net periodic benefit cost for the post-retirement medical plan are identical to those as shown for the U.S. pension plans. The benefits expected to be paid in each of the next five years are approximately $3 million and in aggregate for the five years thereafter are $13 million. U.S. Retiree Savings Plan We sponsor a contributory plan to provide retirement benefits under the provisions of Section 401(k) of the Internal Revenue Code (the “401(k) Plan”) for eligible U.S. salaried and hourly employees. Participants are able to elect to contribute up to 75% of eligible compensation on a pre-tax basis. Participants may allocate their contributions to one or any combination of multiple investment options or a self-managed account within the 401(k) Plan. We match 100% of the participant’s contribution to the 401(k) Plan up to 6% of eligible compensation. We recognized as compensation expense our total matching contribution of $11 million in 2021, $10 million in 2020 and $11 million in 2019.

Share-based and Deferred Compen

Share-based and Deferred Compensation Plans	12 Months Ended
Share-based and Deferred Compensation Plans	Dec. 31, 2021
Compensation Related Costs [Abstract]
Shareholders' Equity and Share-based Payments	Share-based and Deferred Compensation Plans Overview At year end 2021, we had one stock award plan in effect: the Yum! Brands, Inc. Long-Term Incentive Plan (the “LTIP”). Potential awards to employees and non-employee directors under the LTIP include stock options, incentive stock options, SARs, restricted stock, restricted stock units (“RSUs”), performance restricted stock units, performance share units (“PSUs”) and performance units. We have issued only stock options, SARs, RSUs and PSUs under the LTIP. Under the LTIP, the exercise price of stock options and SARs granted must be equal to or greater than the average market price or the ending market price of the Company’s stock on the date of grant. While awards under the LTIP can have varying vesting provisions and exercise periods, outstanding awards under the LTIP vest in periods ranging from immediate to five ten Our EID Plan allows participants to defer receipt of a portion of their annual salary and all or a portion of their incentive compensation. As defined by the EID Plan, we credit the amounts deferred with earnings based on the investment options selected by the participants. These investment options are limited to cash, phantom shares of our Common Stock, phantom shares of a Stock Index Fund and phantom shares of a Bond Index Fund. Investments in cash and phantom shares of both index funds will be distributed in cash at a date as elected by the employee and therefore are classified as a liability on our Consolidated Balance Sheets. We recognize compensation expense for the appreciation or the depreciation, if any, of investments in cash and both of the index funds. Deferrals into the phantom shares of our Common Stock will be distributed in shares of our Common Stock, under the LTIP, at a date as elected by the employee and therefore are classified in Common Stock on our Consolidated Balance Sheets. We do not recognize compensation expense for the appreciation or the depreciation, if any, of investments in phantom shares of our Common Stock. Our EID plan also allows certain participants to defer incentive compensation to purchase phantom shares of our Common Stock and receive a 33% Company match on the amount deferred. Deferrals receiving a match are similar to an RSU award in that participants will generally forfeit both the match and incentive compensation amounts deferred if they voluntarily separate from employment during a vesting period that is two Historically, the Company has repurchased shares on the open market in excess of the amount necessary to satisfy award exercises and expects to continue to do so in 2022. In connection with the 2016 spin-off of our China business into an independent, publicly-traded company under the name of Yum China Holdings, Inc. ("Yum China"), under the provisions of our LTIP, employee stock options, SARs, RSUs and PSUs outstanding at that time were adjusted to maintain the pre-spin intrinsic value of the awards. Depending on the tax laws of the country of employment, awards were modified using either the shareholder method or the employer method. Share-based compensation as recorded in Net Income is based on the amortization of the fair value for both YUM and Yum China awards held by YUM employees. The fair value of Yum China awards held by YUM employees became fully amortized in the year ended December 31, 2020. Share issuances for Yum China awards held by YUM employees will be satisfied by Yum China. Share issuances for YUM awards held by Yum China employees are being satisfied by YUM. Award Valuation We estimated the fair value of each stock option and SAR award as of the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions: 2021 2020 2019 Risk-free interest rate 0.5 % 1.0 % 2.5 % Expected term 6.3 years 5.8 years 6.5 years Expected volatility 27.0 % 24.0 % 22.0 % Expected dividend yield 1.9 % 1.9 % 1.8 % Grants made to executives typically have a graded vesting schedule of 25% per year over four ten When determining expected volatility, we consider both historical volatility of our stock as well as implied volatility associated with our publicly-traded options. The expected dividend yield is based on the annual dividend yield at the time of grant. The fair values of PSU awards without market-based conditions and RSU awards are based on the closing price of our Common Stock on the date of grant. The fair values of PSU awards with market-based conditions have been valued based on the outcome of a Monte Carlo simulation. Award Activity Stock Options and SARs Shares Weighted-Average Exercise Weighted- Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in millions) Outstanding at the beginning of the year 15,562 $ 74.52 Granted 757 103.85 Exercised (3,720) 60.77 Forfeited or expired (329) 94.60 Outstanding at the end of the year 12,270 (a) 79.96 6.12 $ 723 Exercisable at the end of the year 8,405 $ 72.53 5.35 $ 557 (a) Outstanding awards include 403 options and 11,867 SARs with weighted average exercise prices of $74.80 and $80.14, respectively. Outstanding awards represent YUM awards held by employees of both YUM and Yum China. The weighted-average grant-date fair value of stock options and SARs granted during 2021, 2020 and 2019 was $21.32, $18.83 and $19.82, respectively. The total intrinsic value of stock options and SARs exercised during the years ended December 31, 2021, December 31, 2020 and December 31, 2019, was $234 million, $170 million and $204 million, respectively. As of December 31, 2021, $30 million of unrecognized compensation cost related to unvested stock options and SARs, which will be reduced by any forfeitures that occur, is expected to be recognized over a remaining weighted-average period of approximately 1.5 years. The total fair value at grant date of awards held by YUM employees (including Yum China awards as applicable) that vested during 2021, 2020 and 2019 was $35 million, $70 million and $31 million, respectively. RSUs and PSUs As of December 31, 2021, there was $81 million of unrecognized compensation cost related to 1.4 million unvested RSUs and PSUs. The majority of the unrecognized compensation cost is attributable to PSUs granted in 2021 with a net new unit performance condition and a three-year service vesting period. The total fair value at grant date of awards that vested during 2021, 2020 and 2019 was $20 million, $15 million and $14 million, respectively. Impact on Net Income The components of share-based compensation expense and the related income tax benefits are shown in the following table: 2021 2020 2019 Options and SARs $ 29 $ 75 $ 39 Restricted Stock Units 16 20 12 Performance Share Units 30 2 8 Total Share-based Compensation Expense $ 75 $ 97 $ 59 Deferred Tax Benefit recognized $ 15 $ 18 $ 9 Cash received from stock option exercises for 2021, 2020 and 2019 was $11 million, $10 million and $1 million, respectively. Tax benefits realized on our tax returns from tax deductions associated with share-based compensation for 2021, 2020 and 2019 totaled $72 million, $58 million and $66 million, respectively.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
Shareholders' Equity	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Deficit Under the authority of our Board of Directors, we repurchased shares of our Common Stock during 2021, 2020 and 2019. All amounts exclude applicable transaction fees. Shares Repurchased Dollar Value of Shares Authorization Date 2021 2020 2019 2021 2020 2019 May 2021 8,235 — — $ 1,050 $ — $ — November 2019 4,746 2,419 — 530 250 — August 2018 — — 7,788 — — 810 Total 12,981 (a) 2,419 (a) 7,788 (b) $ 1,580 (a) $ 250 (a) $ 810 (b) (a) 2021 amount excludes and 2020 amount includes the effect of $11 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2020, but settlement dates subsequent to December 31, 2020. (b) 2019 amount excludes the effect of $5 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2018, but settlement dates subsequent to December 31, 2018. In May 2021, our Board of Directors authorized share repurchases from July 1, 2021 through December 31, 2022, of up to $2 billion (excluding applicable transaction fees) of our outstanding Common Stock. As of December 31, 2021, we have remaining capacity to repurchase up to $950 million of Common Stock under this authorization. Unutilized share repurchase capacity of $1.2 billion under a November 2019 authorization expired on June 30, 2021. Changes in AOCI are presented below. Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature Pension and Post-Retirement Benefits (a) Derivative Instruments (b) Total Balance at December 31, 2019, net of tax $ (221) $ (104) $ (63) $ (388) OCI, net of tax Gains (losses) arising during the year classified into AOCI, net of tax 39 (6) (75) (42) (Gains) losses reclassified from AOCI, net of tax — 14 5 19 39 8 (70) (23) Balance at December 31, 2020, net of tax $ (182) $ (96) $ (133) $ (411) OCI, net of tax Gains (losses) arising during the year classified into AOCI, net of tax (24) 50 25 51 (Gains) losses reclassified from AOCI, net of tax — 12 23 35 (24) 62 48 86 Balance at December 31, 2021, net of tax $ (206) $ (34) $ (85) $ (325) (a) Amounts reclassified from AOCI for pension and post-retirement benefit plans losses during 2021 include amortization of net losses of $12 million, amortization of prior service cost of $5 million and related income tax benefit of $4 million. Amounts reclassified from AOCI for pension and post-retirement benefit plans losses during 2020 include amortization of net losses of $14 million, amortization of prior service cost of $4 million and related income tax benefit of $4 million. See Note 15. (b) See Note 13 for details on amounts reclassified from AOCI.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes U.S. and foreign income before taxes are set forth below: 2021 2020 2019 U.S. $ 1,062 $ 684 $ 466 Foreign 612 336 907 $ 1,674 $ 1,020 $ 1,373 The details of our income tax provision (benefit) are set forth below: 2021 2020 2019 Current: Federal $ 45 $ 37 $ 129 Foreign 214 121 166 State 40 23 16 $ 299 $ 181 $ 311 Deferred: Federal $ 21 $ (21) $ (16) Foreign (227) (29) (213) State 6 (15) (3) $ (200) $ (65) $ (232) $ 99 $ 116 $ 79 The reconciliation of income taxes calculated at the U.S. federal statutory rate to our effective tax rate is set forth below: 2021 2020 2019 U.S. federal statutory rate 21.0 % 21.0 % 21.0 % State income tax, net of federal tax 1.8 1.0 0.9 Statutory rate differential attributable to foreign operations (1.0) (0.9) 0.9 Adjustments to reserves and prior years 1.1 (1.7) 2.3 Excess tax benefits from stock-based awards (2.7) (3.4) (3.6) Change in valuation allowances (0.8) (2.5) (0.6) Intercompany restructuring (11.3) (0.3) (16.6) Nondeductible interest 1.4 — — Impact of tax law changes (3.8) (2.5) — Other, net 0.2 0.7 1.4 Effective income tax rate 5.9 % 11.4 % 5.7 % Statutory rate differential attributable to foreign operations. This item includes local country taxes, withholding taxes, and shareholder-level taxes, net of U.S. foreign tax credits. In 2021, this item was favorably impacted by the ongoing effects of the KFC Europe Reorganization (as described below) . This was partially offset by the unfavorable impact of recording deferred tax liabilities associated with unremitted foreign earnings. In 2021 and 2020, this item was favorably impacted by the ongoing effects of the 2019 Intercompany Restructuring (as described below). Adjustments to reserves and prior years. This item includes: (1) changes in tax reserves, including interest thereon, established for potential exposure we may incur if a taxing authority takes a position on a matter contrary to our position; and (2) the effects of reconciling income tax amounts recorded in our Consolidated Statements of Income to amounts reflected on our tax returns, including any adjustments to the Consolidated Balance Sheets. In 2021, this item was unfavorably impacted by a $22 million reserve established due to a challenge of a prior year filing position in a foreign jurisdiction. In 2020, this item was favorably impacted by $11 million of adjustments made to current and deferred tax accounts in various jurisdictions to align with balances supported by 2019 and prior tax filings . Additionally, in 2020 this item was favorably impacted by a $6 million tax benefit associated with a state settlement. In 2019, this item was unfavorably impacted by $34 million in reserves related to taxes recorded associated with a prior year divestiture and $18 million of tax expense related to the establishment of reserves associated with the inclusion of stock based compensation in cost sharing arrangements as well as other matters. This unfavorable impact was partially offset by the reversal of a $20 million reserve established in 2018 due to the favorable resolution of an income tax rate dispute in a foreign jurisdiction. Excess tax benefits from stock-based awards. 2021, 2020 and 2019 includes $46 million, $35 million and $49 million, respectively, of excess federal tax benefit related to share-based compensation. Change in valuation allowances. This item relates to changes for deferred tax assets generated or utilized during the current year and changes in our judgment regarding the likelihood of using deferred tax assets that existed at the beginning of the year. In 2021, this item was favorably impacted by $15 million of tax benefit associated with a valuation allowance release resulting from a change in management’s judgment as to the realizability of foreign tax credit carryforwards in the U.S. In 2020, this item was favorably impacted by $22 million of tax benefit associated with a valuation allowance release in a foreign jurisdiction resulting from a change in management’s judgement as to realizability of indefinite lived tax loss carryforwards in that jurisdiction. Intercompany Restructuring. KFC Europe Reorganization - In July 2021, we concentrated management responsibility for European (excluding the UK) KFC franchise development, support operations and management oversight in Switzerland. Concurrent with this change in management responsibility, we have completed intra-entity transfers of certain KFC IP rights from subsidiaries in the UK to subsidiaries in Switzerland. With the transfers of these rights, we received a step-up in amortizable tax basis to current fair value under applicable Swiss tax law. As a result of this transfer, we recorded a one-time net deferred tax benefit of $152 million. In December 2021, we continued our KFC Europe Reorganization and completed intra-entity transfers of additional European KFC IP rights from subsidiaries in the U.S. to subsidiaries in Switzerland. With the transfers of these additional rights, we received a step-up in amortizable tax basis to current fair value under applicable Swiss tax law. As a result of this transfer, we recorded a net one-time tax benefit of $35 million. 2019 Intercompany Restructuring - In December 2019, the Company completed an intercompany restructuring that resulted in the transfer of certain IP rights held by wholly owned foreign subsidiaries primarily to the U.S. and the UK. The IP rights transferred to the UK resulted in a step up in the tax basis for UK tax purposes resulting in a deferred tax asset of $586 million. The deferred tax asset was analyzed for realizability and a valuation allowance of $366 million was established representing the portion of the deferred tax asset not likely to be realized. The recognized tax benefit of $220 million is amortizable for UK tax purposes over a twenty-year period. The transfer of certain IP rights to other non-UK jurisdictions in 2019 resulted in the recording of deferred tax assets of $13 million and related valuation allowances of $7 million for deferred tax assets that are not likely to be realized, for a net tax benefit of $6 million. Nondeductible Interest. As a result of the enactment of the Tax Cuts and Jobs Act of 2017 (“Tax Act”) on December 22, 2017, deductibility of U.S. interest expense was limited to 30% of U.S. Earnings Before Interest, Taxes, Depreciation and Amortization in 2021. In 2021, the Company recorded $23 million of tax expense associated with disallowed U.S. interest expense. Although the disallowed interest can be carried forward, in management’s judgment it is not expected to be realizable in the future. Due to legislative relief provisions applicable to the 2019 and 2020 tax years contained within the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the Company was not impacted by the interest expense limitation in 2019 or 2020. Beginning in 2022, deductibility of U.S. interest expense will be limited to 30% of U.S. Earnings Before Interest and Taxes, which will unfavorably impact our effective tax rate. Impact of Tax Law Changes. UK Tax Rate Change – On June 10, 2021, the UK Finance Act 2021 was enacted resulting in an increase in the UK corporate tax rate from 19% to 25%. As such, the Company recognized a $64 million tax benefit in the quarter ended June 30, 2021 associated with remeasuring its deferred tax assets in the UK from 19% to 25%. These deferred tax assets were primarily related to the step-up in tax basis associated with the 2019 Intercompany Restructuring . On July 22, 2020, the UK Finance Act 2020 was enacted resulting in an increase in the UK corporate tax rate from 17% to 19%. As such, the Company recognized a $25 million tax benefit in 2020 associated with remeasuring its deferred tax assets in the UK from 17% to 19%. These deferred tax assets were primarily related to the step-up in tax basis associated with the 2019 Intercompany Restructuring . Other. This item primarily includes the net impact of permanent differences related to current year earnings, U.S. tax credits, and other individually insignificant items impacting income tax expense. Companies subject to the Global Intangible Low-Taxed Income provision (GILTI) have the option to account for the GILTI tax as a period cost if and when incurred, or to recognize deferred taxes for outside basis temporary differences expected to reverse as GILTI. The Company has elected to account for GILTI as a period cost. The details of 2021 and 2020 deferred tax assets (liabilities) are set forth below: 2021 2020 Operating losses and interest deduction carryforwards $ 186 $ 181 Capital losses 72 3 Tax credit carryforwards 194 226 Employee benefits 68 82 Share-based compensation 51 58 Lease-related liabilities 236 199 Accrued liabilities and other 52 47 Derivative instruments — 50 Intangible assets 560 678 Property, plant and equipment 35 31 Deferred income 87 81 Gross deferred tax assets 1,541 1,636 Deferred tax asset valuation allowances (462) (789) Net deferred tax assets $ 1,079 $ 847 Intangible assets, including goodwill $ (3) $ (1) Property, plant and equipment (85) (75) Operating lease right-of-use assets (200) (161) Employee benefits (24) (15) Other (51) (42) Gross deferred tax liabilities $ (363) $ (294) Net deferred tax assets (liabilities) $ 716 $ 553 The details of the 2021 valuation allowance activity are set forth below: 2021 2020 Beginning of Year $ (789) $ (787) Increases (31) (64) Decreases 355 45 Other Adjustments 3 17 End of Year $ (462) $ (789) Reported in Consolidated Balance Sheets as: 2021 2020 Deferred income taxes $ 724 $ 553 Other liabilities and deferred credits (8) — $ 716 $ 553 As of December 31, 2021, we had approximately $3.6 billion of unremitted foreign retained earnings. The Tax Act imposed U.S. federal tax on all post-1986 foreign Earnings and Profits accumulated through December 31, 2017. Repatriation of earnings generated after December 31, 2017, will generally be eligible for the 100% dividends received deduction or considered a distribution of previously taxed income and, therefore, exempt from U.S. federal tax. Undistributed foreign earnings may still be subject to certain state and foreign income and withholding taxes upon repatriation. Subject to limited exceptions, we do not intend to indefinitely reinvest our unremitted earnings outside the U.S. Thus, we have provided taxes, including any U.S. federal and state income, foreign income, or foreign withholding taxes on the majority of our unremitted earnings. In jurisdictions where we do intend to indefinitely reinvest our unremitted earnings, we would be required to accrue and pay applicable income taxes (if any) and foreign withholding taxes if the funds were repatriated in taxable transactions. We believe any such taxes would be immaterial. Details of tax loss, credit carryforwards, and expiration dates along with valuation allowances as of December 31, 2021, are as follows: Gross Amount Deferred Tax Asset Valuation Allowance Expiration Federal net operating losses $ 18 $ 4 $ — 2036-2037 Federal net operating losses - Indefinite 61 13 — None Foreign net operating losses 59 12 (11) 2022-2037 Foreign net operating losses - Indefinite 229 59 (35) None State net operating losses 1,408 59 (43) 2022-2040 Foreign capital loss carryforward - Indefinite 289 72 (72) None Foreign tax credits 187 187 (172) 2026-2030 State tax credits 7 7 (5) 2023 Federal interest deduction carryforward - Indefinite 81 17 (8) None State interest deduction carryforward - Indefinite 487 22 (21) None $ 2,826 $ 452 $ (367) We recognize the benefit of positions taken or expected to be taken in tax returns in the Consolidated Financial Statements when it is more likely than not that the position would be sustained upon examination by tax authorities. A recognized tax position is measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement. At December 31, 2021, the Company had $116 million of gross unrecognized tax benefits, $75 million of which would impact the effective income tax rate if recognized. A reconciliation of the beginning and ending unrecognized tax benefits follows: 2021 2020 Beginning of Year $ 175 $ 188 Additions on tax positions - current year 13 5 Additions for tax positions - prior years 41 34 Reductions for tax positions - prior years (110) (22) Reductions for settlements (3) (30) Reductions due to statute expiration — — Foreign currency translation adjustment — — End of Year $ 116 $ 175 The Company believes it is reasonably possible that its unrecognized tax benefits as of December 31, 2021, may decrease by approximately $3 million in the next 12 months due to settlements or statute of limitations expirations. During 2021, 2020, and 2019 the Company recognized $4 million, $2 million and $13 million of net expense, respectively, for interest and penalties in our Consolidated Statements of Income as components of its Income tax provision. At December 31, 2021 and 2020, the Company has recorded $3 million and $1 million of net tax receivables, respectively, associated with interest and penalties. The Company’s income tax returns are subject to examination in the U.S. federal jurisdiction and numerous U.S. state and foreign jurisdictions. The Company has settled audits with the IRS through fiscal year 2012 and is currently under IRS examination for 2013-2018. Our operations in certain foreign jurisdictions remain subject to examination for tax years as far back as 2006, some of which years are currently under audit by local tax authorities. See Note 20 for discussion of an Internal Revenue Service Proposed Adjustment.

Reportable Operating Segments

Reportable Operating Segments	12 Months Ended
Reportable Operating Segments	Dec. 31, 2021
Segment Reporting [Abstract]
Reportable Operating Segments	Reportable Operating Segments See Note 1 for a description of our operating segments. Revenues 2021 2020 2019 KFC Division (a) $ 2,793 $ 2,272 $ 2,491 Taco Bell Division (a) 2,238 2,031 2,079 Pizza Hut Division (a) 1,028 1,002 1,027 Habit Burger Grill Division (a) 525 347 — $ 6,584 $ 5,652 $ 5,597 Operating Profit 2021 2020 2019 KFC Division $ 1,230 $ 922 $ 1,052 Taco Bell Division 758 696 683 Pizza Hut Division 387 335 369 Habit Burger Grill Division 2 (22) — Corporate and unallocated G&A expenses (b)(c) (260) (312) (188) Unallocated Franchise and property expenses (b)(d) 1 (4) (14) Unallocated Refranchising gain (loss) (b) 35 34 37 Unallocated Other income (expense) (b)(e) (14) (146) (9) Operating Profit 2,139 1,503 1,930 Investment income (expense), net (b) 86 74 (67) Other pension income (expense) (b) (7) (14) (4) Interest expense, net (b) (544) (543) (486) Income before income taxes $ 1,674 $ 1,020 $ 1,373 Depreciation and Amortization 2021 2020 2019 KFC Division $ 28 $ 29 $ 30 Taco Bell Division 53 56 59 Pizza Hut Division 32 24 15 Habit Burger Grill Division 28 25 — Corporate 23 12 8 $ 164 $ 146 $ 112 Capital Spending 2021 2020 2019 KFC Division $ 60 $ 59 $ 81 Taco Bell Division 62 42 76 Pizza Hut Division 18 28 33 Habit Burger Grill Division 56 16 — Corporate 34 15 6 $ 230 $ 160 $ 196 Identifiable Assets (g) 2021 2020 KFC Division $ 2,313 $ 2,011 Taco Bell Division 1,397 1,387 Pizza Hut Division 850 804 Habit Burger Grill Division 586 537 Corporate (f) 820 1,113 $ 5,966 $ 5,852 Long-Lived Assets (h) 2021 2020 KFC Division $ 1,069 $ 1,160 Taco Bell Division 904 925 Pizza Hut Division 423 415 Habit Burger Grill Division 516 458 Corporate 120 68 $ 3,032 $ 3,026 (a) U.S. revenues included in the combined KFC, Taco Bell, Pizza Hut and Habit Burger Grill Divisions totaled $3.6 billion in 2021, $3.2 billion in 2020 and $3.0 billion in 2019. (b) Amounts have not been allocated to any segment for performance reporting purposes. (c) Amounts in 2020 include charitable contributions to Yum! Brands Foundation, Inc. of $50 million and $25 million related to our Unlocking Opportunity Initiative and COVID-19 employee relief, respectively. Additionally, 2020 includes $36 million for charges associated with resource optimization (see Note 5). (d) Represents costs related to an agreement executed in May 2017 with our Pizza Hut U.S. franchisees to improve brand marketing alignment, accelerate enhancements in operations and technology and that included a permanent commitment to incremental advertising as well as digital and technology contributions by franchisees (the “Pizza Hut U.S. Transformation Agreement”). (e) Unallocated Other income (expense) in 2020 includes a charge of $144 million related to the impairment of Habit Burger Grill goodwill (see Note 3). (f) Primarily includes cash and deferred tax assets. (g) U.S. identifiable assets included in the combined Corporate and KFC, Taco Bell, Pizza Hut, and Habit Burger Grill Divisions totaled $2.8 billion and $3.0 billion in 2021 and 2020, respectively. (h) Includes PP&E, net, goodwill, intangible assets, net and Operating lease right-of-use assets.

Contingencies

Contingencies	12 Months Ended
Contingencies	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Legal Matters and Contingencies	Contingencies Internal Revenue Service Proposed Adjustment As a result of an audit by the Internal Revenue Service (“IRS”) for fiscal years 2013 through 2015, on October 13, 2021, we received a Notice of Proposed Adjustment (“NPA”) from the IRS for the 2014 fiscal year relating to a series of reorganizations we undertook during that year in connection with the business realignment of our corporate and management reporting structure along brand lines. The IRS asserts that these reorganizations involved taxable distributions of approximately $6.0 billion. We expect to receive the final Revenue Agent’s Report (“RAR”) including the IRS’s calculation of the tax assessment in early 2022. The amount of additional tax that may be asserted by the IRS in the RAR cannot be quantified at this time; however, based on the NPA, the amount of additional tax to be proposed is expected to be material. We disagree with the IRS’s position as asserted in the NPA and intend to contest it vigorously by filing a protest disputing on multiple grounds any proposed taxes and proceeding to the IRS Office of Appeals. The final resolution of this matter is uncertain, but the Company believes that it is more likely than not the Company’s tax position will be sustained; therefore no reserve is recorded with respect to this matter. An unfavorable resolution of this matter could have a material, adverse impact on our Consolidated Financial Statements in future periods. Lease Guarantees As a result of having assigned our interest in obligations under real estate leases as a condition to the refranchising of certain Company-owned restaurants, and guaranteeing certain other leases, we are frequently secondarily liable on lease agreements. These leases have varying terms, the latest of which expires in 2065. As of December 31, 2021, the potential amount of undiscounted payments we could be required to make in the event of non-payment by the primary lessee was approximately $425 million. The present value of these potential payments discounted at our pre-tax cost of debt at December 31, 2021, was approximately $350 million. Our franchisees are the primary lessees under the vast majority of these leases. We generally have cross-default provisions with these franchisees that would put them in default of their franchise agreement in the event of non-payment under the lease. We believe these cross-default provisions significantly reduce the risk that we will be required to make payments under these leases, although such risk may not be reduced in the context of a bankruptcy or other similar restructuring of a large franchisee or group of franchisees. Accordingly, the liability recorded for our expected exposure under such leases at both December 31, 2021 and 2020 was not material. Insurance Programs We are self-insured for a substantial portion of our current and prior years’ coverage including property and casualty losses. To mitigate the cost of our exposures for certain property and casualty losses, we self-insure the risks of loss up to defined maximum per occurrence retentions on a line-by-line basis. The Company then purchases insurance coverage, up to a certain limit, for losses that exceed the self-insurance per occurrence retention. The insurers’ maximum aggregate loss limits are significantly above our actuarially determined probable losses; therefore, we believe the likelihood of losses exceeding the insurers’ maximum aggregate loss limits is remote. The following table summarizes the 2021 and 2020 activity related to our net self-insured property and casualty reserves as of December 31, 2021. Beginning Balance Habit Acquisition (a) Expense Payments Ending Balance 2021 Activity $ 50 — 23 (25) $ 48 2020 Activity $ 54 6 13 (23) $ 50 (a) Represents self-insurance liabilities assumed as part of our acquisition of Habit Burger Grill. See Note 3. Due to the inherent volatility of actuarially determined property and casualty loss estimates, it is reasonably possible that we could experience changes in estimated losses which could be material to our growth in quarterly and annual Net Income. We believe that we have recorded reserves for property and casualty losses at a level which has substantially mitigated the potential negative impact of adverse developments and/or volatility. In the U.S. and in certain other countries, we are also self-insured for healthcare claims and long-term disability for eligible participating employees subject to certain deductibles and limitations. We have accounted for our retained liabilities for property and casualty losses, healthcare and long-term disability claims, including reported and incurred but not reported claims, based on information provided by independent actuaries. Legal Proceedings We are subject to various claims and contingencies related to lawsuits, real estate, environmental and other matters arising in the normal course of business. An accrual is recorded with respect to claims or contingencies for which a loss is determined to be probable and reasonably estimable. Yum! Restaurants India Private Limited (“YRIPL”), a Yum subsidiary that operates KFC and Pizza Hut restaurants in India, is the subject of a regulatory enforcement action in India (the “Action”). The Action alleges, among other things, that KFC International Holdings, Inc. and Pizza Hut International failed to satisfy certain conditions imposed by the Secretariat for Industrial Approval in 1993 and 1994 when those companies were granted permission for foreign investment and operation in India. The conditions at issue include an alleged minimum investment commitment and store build requirements as well as limitations on the remittance of fees outside of India. The Action originated with a complaint and show cause notice filed in 2009 against YRIPL by the Deputy Director of the Directorate of Enforcement (“DOE”) of the Indian Ministry of Finance following an income tax audit for the years 2002 and 2003. The matter was argued at various hearings in 2015, but no order was issued. Following a change in the incumbent official holding the position of Special Director of DOE (the “Special Director”), the matter resumed in 2018 and several additional hearings were conducted. On January 29, 2020, the Special Director issued an order imposing a penalty on YRIPL and certain former directors of approximately Indian Rupee 11 billion, or approximately $150 million. Of this amount, $145 million relates to the alleged failure to invest a total of $80 million in India within an initial seven-year period. We have been advised by external counsel that the order is flawed and have filed a writ petition with the Delhi High Court, which granted an interim stay of the penalty order on March 5, 2020. The stay order remains in effect and the next hearing is now scheduled for March 4, 2022. We deny liability and intend to continue vigorously defending this matter. We do not consider the risk of any significant loss arising from this order to be probable. We are currently engaged in various other legal proceedings and have certain unresolved claims pending, the ultimate liability for which, if any, cannot be determined at this time. However, based upon consultation with legal counsel, we are of the opinion that such proceedings and claims are not expected to have a material adverse effect, individually or in the aggregate, on our Consolidated Financial Statements.

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventIn January 2022, the U.S. Treasury published new regulations impacting foreign tax credit utilization beginning in the Company’s 2022 tax year. These regulations make foreign taxes paid to certain countries no longer creditable in the U.S. As discussed in Note 18, we currently have foreign tax credit carryforwards of $187 million, on which there is a $172 million valuation allowance. We anticipate that these regulations will result in the utilization of some amount of our existing prior year foreign tax credit carryforwards and that a corresponding amount of the existing valuation allowance will be released in the first quarter of 2022. While our determination of which foreign taxes that will no longer be creditable is not yet complete, we anticipate that the amount of valuation allowance to be released could be significant. Further, we anticipate that these regulations will result in additional cash tax due in the U.S. in future years once all existing foreign tax credit carryforwards have either been utilized or have expired. Subject to finalizing our review, we estimate we could be subject to incremental cash taxes as early as 2028.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2021
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Preparation	Principles of Consolidation and Basis of Preparation. Intercompany accounts and transactions have been eliminated in consolidation. We consolidate entities in which we have a controlling financial interest, the usual condition of which is ownership of a majority voting interest. We also consider for consolidation an entity, in which we have certain interests, where the controlling financial interest may be achieved through arrangements that do not involve voting interests. Such an entity, known as a variable interest entity (“VIE”), is required to be consolidated by its primary beneficiary. The primary beneficiary is the entity that possesses the power to direct the activities of the VIE that most significantly impact its economic performance and has the obligation to absorb losses or the right to receive benefits from the VIE that are significant to it. Our most significant variable interests are in certain entities that operate restaurants under our Concepts’ franchise arrangements. We do not typically provide significant financial support such as loans or guarantees to our franchisees. Thus, our most significant variable interests in franchisees result from real estate lease arrangements to which we are a party. At the end of 2021, YUM has future lease payments due from certain franchisees, on a nominal basis, of approximately $1 billion, and we are secondarily liable on certain other lease agreements that have been assigned to certain franchisees. See the Lease Guarantees section in Note 20. As our franchise arrangements provide our franchisee entities the power to direct the activities that most significantly impact their economic performance, we do not consider ourselves the primary beneficiary of any such entity that might otherwise be considered a VIE. We do not have an equity interest in any of our franchisee businesses except for a minority interest in an entity, Devyani International Limited (“Devyani”), that owns our KFC India and Pizza Hut India master franchisee rights, a minority interest in an entity that owns our KFC Brazil and Pizza Hut Brazil master franchisee rights and a minority interest in an entity that operates Taco Bell franchised units in India. These minority interests do not give us the ability to significantly influence these entities. We account for our investment in Devyani and the entity that owns our KFC Brazil and Pizza Hut Brazil master franchisee rights as equity securities. When the fair value of these equity securities is readily determinable we record changes in
Fiscal Year	Fiscal Year. YUM's fiscal year begins on January 1 and ends December 31 of each year, with each quarter comprised of three months. The majority of our U.S. subsidiaries and certain international subsidiaries operate on a weekly periodic calendar where the first three quarters of each fiscal year consists of 12 weeks and the fourth quarter consists of 16 weeks in fiscal years with 52 weeks and 17 weeks in fiscal years with 53 weeks. Our Habit Burger Grill subsidiaries operate on a weekly periodic calendar where each quarter consists of 13 weeks, except in fiscal years with 53 weeks when the fourth quarter consists of 14 weeks. Our remaining international subsidiaries operate on a monthly calendar similar to that on which YUM operates. Fiscal year 2019 included 53 weeks for our U.S. businesses and for our international subsidiaries that reported on a period calendar. The 53rd week added $66 million to Total revenues, $24 million to Operating Profit and $17 million to Net Income in our 2019 Consolidated Statement of Income. Our next fiscal year scheduled to include a 53rd week for our period calendar reporters is 2024.
Foreign Currency	Foreign Currency. The functional currency of our foreign entities is the currency of the primary economic environment in which the entity operates. Functional currency determinations are made based upon a number of economic factors, including but not limited to cash flows and financing transactions. The operations, assets and liabilities of our entities outside the U.S. are initially measured using the functional currency of that entity. Income and expense accounts for our operations of these foreign entities are then translated into U.S. dollars at the average exchange rates prevailing during the period. Assets and liabilities of these foreign entities are then translated into U.S. dollars at exchange rates in effect at the balance sheet date. As of December 31, 2021, net cumulative translation adjustment losses of $206 million are recorded in Accumulated other comprehensive income ("AOCI") in the Consolidated Balance Sheet. The majority of our foreign currency net asset exposure is in countries where we have Company-owned restaurants. As we manage and share resources at the individual brand level within a country, cumulative translation adjustments are recorded and tracked at the foreign-entity level that represents the operations of our individual brands within that country. Translation adjustments recorded in AOCI are subsequently recognized as income or expense generally only upon sale of the related investment in a foreign entity, or upon a sale of assets and liabilities within a foreign entity that represents a complete or substantially complete liquidation of that foreign entity. For purposes of determining whether a sale or complete or substantially complete liquidation of an investment in a foreign entity has occurred, we consider those same foreign entities for which we record and track cumulative translation adjustments. Gains and losses arising from the impact of foreign currency exchange rate fluctuations on transactions in foreign currency are included in Other (income) expense in our Consolidated Statements of Income.
Reclassifications	Reclassifications. We have reclassified certain items in the Consolidated Financial Statements for prior periods to be comparable with the classification for the fiscal year ended December 31, 2021. These reclassifications had no effect on previously reported Net Income.
Revenue Recognition	Revenue Recognition. Below is a discussion of how our revenues are earned, our accounting policies pertaining to revenue recognition under ASC Topic 606, Revenue from Contracts with Customers (“Topic 606”) and other required disclosures. Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue transaction and collected from a customer are excluded from revenue. Company Sales Revenues from the sale of food items by Company-owned restaurants are recognized as Company sales when a customer purchases the food, which is when our obligation to perform is satisfied. Franchise and Property Revenues Franchise Revenues Our most significant source of revenues arises from the operation of our Concepts' stores by our franchisees. Franchise rights may be granted through a store-level franchise agreement or through a master franchise agreement that sets out the terms of our arrangement with the franchisee. Our franchise agreements require that the franchisee remit continuing fees to us as a percentage of the applicable restaurant’s sales in exchange for the license of the intellectual property associated with our Concepts' brands (the “franchise right”). Our franchise agreements also typically require certain, less significant, upfront franchise fees such as initial fees paid upon opening of a store, fees paid to renew the term of the franchise right and fees paid in the event the franchise agreement is transferred to another franchisee. Continuing fees represent the substantial majority of the consideration we receive under our franchise agreements. Continuing fees are typically billed and paid monthly and are usually 4% - 6% for store-level franchise agreements. Master franchise agreements allow master franchisees to operate restaurants as well as sub-franchise restaurants within certain geographic territories. The percentage of sales that we receive for restaurants owned or sub-franchised by our master franchisees as a continuing fee is typically less than the percentage we receive for restaurants operating under a store-level franchise agreement. Based on the application of the sales-based royalty exception within Topic 606 continuing fees are recognized as the related restaurant sales occur. Upfront franchise fees are typically billed and paid when a new franchise or sub-franchise agreement becomes effective or when an existing agreement is transferred to another franchisee or sub-franchisee. We have determined that the services we provide in exchange for upfront franchise fees, which primarily relate to pre-opening support, are highly interrelated with the franchise right and are not individually distinct from the ongoing services we provide to our franchisees. As a result, upfront franchise fees are recognized as revenue over the term of each respective franchise or sub-franchise agreement. Revenues for these upfront franchise fees are recognized on a straight-line basis, which is consistent with the franchisee’s or sub-franchisee's right to use and benefit from the intellectual property. Additionally, from time-to-time we provide consideration to franchisees in the form of cash (e.g. cash payments to offset new build costs) or other incentives (e.g. free or subsidized equipment) with the intent to drive new unit development or same-store sales growth that will result in higher future revenues for the Company. Such payments are capitalized and presented within Prepaid expense and other current assets or Other assets. These assets are being amortized as a reduction in Franchise and property revenues over the period of expected cash flows from the franchise agreements to which the payment relates. Property Revenues From time to time, we enter into rental agreements with franchisees for the lease or sublease of restaurant locations. These rental agreements typically originate from refranchising transactions and revenues related to the agreements are recognized as they are earned. Amounts owed under the rental agreements are typically billed and paid on a monthly basis. Related expenses are presented as Franchise and property expenses within our Consolidated Statements of Income and primarily include depreciation or, in the case of a sublease, rental expense. Franchise Contributions for Advertising and Other Services Advertising Cooperatives We have determined we act as a principal in the transactions entered into by the advertising cooperatives we are required to consolidate based on our responsibility to define the nature of the goods or services provided and/or our commitment to pay for advertising services in advance of the related franchisee contributions. Additionally, we have determined the advertising services provided to franchisees are highly interrelated with the franchise right and therefore not distinct. Franchisees remit to these consolidated advertising cooperatives a percentage of restaurant sales as consideration for providing the advertising services. As a result, revenues for advertising services are recognized when the related franchise restaurant sales occur based on the application of the sales-based royalty exception within Topic 606. Revenues for these services are typically billed and received on a monthly basis. Other Goods or Services
Direct Marketing Costs	Advertising Costs. To the extent we participate in advertising cooperatives, we, like our participating franchisees, are required to make contributions. Our contributions are based on a percentage of sales of our participating Company restaurants. These contributions as well as direct marketing costs we may incur outside of a cooperative related to Company restaurants are recorded within Company restaurant expenses. Advertising expense included in Company restaurant expenses totaled $84 million, $68 million and $73 million in 2021, 2020 and 2019, respectively. To the extent we consolidate advertising cooperatives, we incur advertising expense as a result of our obligation to spend franchisee contributions to those cooperatives (see above for our accounting for these contributions). Such advertising expense is recorded in Franchise advertising and other services expense and totaled $1,264 million, $1,079 million and $1,133 million in 2021, 2020 and 2019, respectively. At the end of each fiscal year additional advertising costs are accrued to the extent advertising revenues exceed the related advertising expense to date, as we are obligated to expend such amounts on advertising. From time to time, we may make the decision to incur discretionary advertising expenditures on behalf of franchised restaurants. Such amounts are recorded within Franchise and property expenses and totaled $11 million, $10 million and $10 million in 2021, 2020 and 2019, respectively.
Share-Based Employee Compensation	Share-Based Employee Compensation. We recognize ongoing share-based payments to employees, including grants of employee stock options and stock appreciation rights (“SARs”), in the Consolidated Financial Statements as compensation cost over the service period based on their fair value on the date of grant. This compensation cost is recognized over the service period on a straight-line basis, net of an assumed forfeiture rate, for awards that actually vest. Forfeiture rates are estimated at grant date based on historical experience and compensation cost is adjusted in subsequent periods for differences in actual forfeitures from the previous estimates. We present this compensation cost consistent with the other compensation costs for the employee recipient in either Company restaurant expenses or G&A. See Note 16 for further discussion of our share-based compensation plans.
Legal Costs	Legal Costs. Settlement costs are accrued when they are deemed probable and reasonably estimable. Anticipated legal fees related to self-insured workers' compensation, employment practices liability, general liability, automobile liability, product
Impairment or Disposal of Property, Plant and Equipment	Impairment or Disposal of Long-Lived Assets. Long-lived assets, including Property, plant and equipment (“PP&E”) as well as right-of-use operating lease assets are tested for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The assets are not recoverable if their carrying value is less than the undiscounted cash flows we expect to generate from such assets. If the assets are not deemed to be recoverable, impairment is measured based on the excess of their carrying value over their fair value. For purposes of impairment testing for our restaurants, we have concluded that an individual restaurant is the lowest level of independent cash flows unless it is more likely than not that we will refranchise restaurants as a group. We review our long-lived assets of such individual restaurants (primarily PP&E, right-of-use operating lease assets and allocated intangible assets subject to amortization) that we intend to continue operating as Company restaurants annually for impairment, or whenever events or changes in circumstances indicate that the carrying amount of a restaurant may not be recoverable. We use two consecutive years of operating losses as our primary indicator of potential impairment for our annual impairment testing of these restaurant assets. We evaluate the recoverability of these restaurant assets by comparing the estimated undiscounted future cash flows, which are based on our entity-specific assumptions, to the carrying value of such assets. For restaurant assets that are not deemed to be recoverable, we write-down an impaired restaurant to its estimated fair value, which becomes its new cost basis. Fair value is an estimate of the price a franchisee would pay for the restaurant and its related assets, including any right-of-use assets, and is determined by discounting the estimated future after-tax cash flows of the restaurant, which include a deduction for royalties we would receive under a franchise agreement with terms substantially at market. The after-tax cash flows incorporate reasonable assumptions we believe a franchisee would make such as sales growth and margin improvement. The discount rate used in the fair value calculation is our estimate of the required rate of return that a franchisee would expect to receive when purchasing a similar restaurant and the related long-lived assets. The discount rate incorporates rates of returns for historical refranchising market transactions and is commensurate with the risks and uncertainty inherent in the forecasted cash flows. Individual restaurant-level impairment is recorded within Other (income) expense. Any right-of-use asset may alternatively be valued at the amount we could receive for such right-of-use asset from a third-party that is not a franchisee through a sublease if doing so would result in less overall impairment of the restaurant assets in total. In executing our refranchising initiatives, we most often offer groups of restaurants for sale. When we believe it is more likely than not a restaurant or groups of restaurants will be refranchised for a price less than their carrying value, but do not believe the restaurant(s) have met the criteria to be classified as held for sale, we review the restaurants for impairment. We evaluate the recoverability of these restaurant assets by comparing estimated sales proceeds plus holding period cash flows, if any, to the carrying value of the restaurant or group of restaurants. For restaurant assets that are not deemed to be recoverable, we recognize impairment for any excess of carrying value over the fair value of the restaurants, which is based on the expected net sales proceeds. To the extent ongoing agreements to be entered into with the franchisee simultaneous with the refranchising are expected to contain terms, such as royalty rates or rental payments, not at prevailing market rates, we consider the off-market terms in our impairment evaluation. We recognize any such impairment charges in Refranchising (gain) loss. We recognize gains on restaurant refranchisings when the sale transaction closes and control of the restaurant operations have transferred to the franchisee. When we decide to close a restaurant, it is reviewed for impairment, which includes an estimate of sublease income that could be reasonably obtained, if any, in relation to the right-of-use operating lease asset. Additionally, depreciable lives are adjusted based on the expected disposal date. Other costs incurred when closing a restaurant such as costs of disposing of the assets as well as other facility-related expenses from previously closed stores are generally expensed as incurred. Any costs recorded upon store closure as well as any subsequent adjustments to liabilities for remaining lease obligations as a result of lease termination or changes in estimates of sublease income are recorded in Other (income) expense. To the extent we sell assets, primarily land, associated with a closed store, any gain or loss upon that sale is also recorded in Other (income) expense. Management judgment is necessary to estimate future cash flows, including cash flows from continuing use, terminal value, sublease income and refranchising proceeds. Accordingly, actual results could vary significantly from our estimates.
Guarantees	Guarantees. We recognize, at inception of a guarantee, a liability for the fair value of certain obligations undertaken. Additionally, effective January 1, 2020, we adopted the Financial Accounting Standards Board’s Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments - Credit Losses (“Topic 326”) which required that we also recognize as a liability the expected credit losses over the life of such guarantees. As a result of the adoption of Topic 326, we recorded a cumulative adjustment to Accumulated deficit of $8 million to establish such expected credit loss liability for our outstanding guarantees.
Income Taxes	Income Taxes. We record deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases as well as operating loss, capital loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those differences or carryforwards are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in our Income tax provision in the period that includes the enactment date. Additionally, in determining the need for recording a valuation allowance against the carrying amount of deferred tax assets, we consider the amount of taxable income and periods over which it must be earned, actual levels of past taxable income and known trends and events or transactions that are expected to affect future levels of taxable income. Where we determine that it is more likely than not that all or a portion of an asset will not be realized, we record a valuation allowance. We recognize the benefit of positions taken or expected to be taken in our tax returns in our Income tax provision when it is more likely than not (i.e., a likelihood of more than fifty percent) that the position would be sustained upon examination by tax authorities. A recognized tax position is then measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement with the taxing authorities. We evaluate these amounts on a quarterly basis to ensure that they have been appropriately adjusted for audit settlements and other events we believe may impact the outcome. Changes in judgment that result in subsequent recognition, derecognition or a change in measurement of a tax position taken in a prior annual period (including any related interest and penalties) are recognized as a discrete item in the interim period in which the change occurs. We recognize accrued interest and penalties related to unrecognized tax benefits as components of our Income tax provision. We do not record a deferred tax liability for unremitted earnings of our foreign subsidiaries to the extent that the earnings meet the indefinite reversal criteria. This criteria is met if the foreign subsidiary has invested, or will invest, the earnings indefinitely. The decision as to the amount of unremitted earnings that we intend to maintain in non-U.S. subsidiaries considers items including, but not limited to, forecasts and budgets of financial needs of cash for working capital, liquidity plans and expected cash requirements in the U.S. See Note 18 for a further discussion of our income taxes.
Fair Value Measurements	Fair Value Measurements. Fair value is the price we would receive to sell an asset or pay to transfer a liability (exit price) in an orderly transaction between market participants. For those assets and liabilities we record or disclose at fair value, we determine fair value based upon the quoted market price, if available. If a quoted market price is not available for identical assets, we determine fair value based upon the quoted market price of similar assets or the present value of expected future cash flows considering the risks involved, including counterparty performance risk if appropriate, and using discount rates appropriate for the duration. The fair values are assigned a level within the fair value hierarchy, depending on the source of the inputs into the calculation. Level 1 Inputs based upon quoted prices in active markets for identical assets. Level 2 Inputs other than quoted prices included within Level 1 that are observable for the asset, either directly or indirectly. Level 3 Inputs that are unobservable for the asset.
Cash and Cash Equivalents	Cash and Cash Equivalents. Cash equivalents represent funds we have temporarily invested (with original maturities not exceeding three months), including short-term, highly liquid debt securities.
Receivables	Receivables. The Company’s receivables are primarily generated from ongoing business relationships with our franchisees as a result of franchise agreements, including contributions due to advertising cooperatives we consolidate. These receivables from franchisees are generally due within 30 days of the period in which the corresponding sales occur and are classified as Accounts and notes receivable, net on our Consolidated Balance Sheet. Effective with the adoption of Topic 326 on January 1, 2020, our receivables are now stated net of expected credit losses. The impact to our net receivables as a result of adopting the standard was not significant. Expected credit losses for uncollectible franchisee receivable balances consider both current conditions and reasonable and supportable forecasts of future conditions. Current conditions we consider include pre-defined aging criteria as well as specified events that indicate we may not collect the balance due. Reasonable and supportable forecasts used in determining the probability of future collection consider publicly available data regarding default probability. While we use the best information available in making our determination, the ultimate recovery of recorded receivables is dependent upon future economic events and other conditions that may be beyond our control. Receivables that are ultimately deemed to be uncollectible, and for which collection efforts have been exhausted, are written off against the allowance for doubtful accounts. We recorded $8 million of net bad debt recoveries in 2021 and $12 million and $24 million of net bad debt expense in 2020 and 2019, respectively, within Franchise and property expenses related to continuing fees, initial fees and rent receivables from our franchisees. Accounts and notes receivable as well as the Allowance for doubtful accounts, including balances attributable to our consolidated advertising cooperatives, as of December 31, 2021 and 2020, respectively, are as follows: 2021 2020 Accounts and notes receivable $ 632 $ 579 Allowance for doubtful accounts (36) (45) Accounts and notes receivable, net $ 596 $ 534 Our financing receivables primarily consist of notes receivables and direct financing leases with franchisees which we enter into from time-to-time. As these receivables primarily relate to our ongoing business agreements with franchisees, we consider such receivables to have similar risk characteristics and evaluate them as one collective portfolio segment and class for determining the allowance for doubtful accounts. Balances of notes receivable and direct financing leases due within one year are included in Accounts and notes receivable, net while amounts due beyond one year are included in Other assets. Amounts included in Other assets totaled $68 million (net of an allowance of less than $1 million) and $72 million (net of an allowance of less than $5 million) at December 31, 2021, and December 31, 2020, respectively. Financing receivables that are ultimately deemed to be uncollectible, and for which collection efforts have been exhausted, are written off against the allowance for doubtful accounts. Interest income recorded on financing receivables has historically been insignificant.
Property, Plant and Equipment	Property, Plant and Equipment. PP&E is carried net of accumulated depreciation and amortization. We calculate depreciation and amortization on a straight-line basis over the estimated useful lives of the assets as follows: 5 to 25 years for buildings and leasehold improvements and 3 to 20 years for machinery and equipment. We suspend depreciation and amortization on assets that are held for sale.
Leases and Leasehold Improvements	Leases and Leasehold Improvements. We adopted ASU No. 2016-02, Leases (“Topic 842”) as of the beginning of the year ended December 31, 2019, using a modified retrospective transition approach for leases existing at, or entered into after, the beginning of 2019. The cumulative effect of this transition was recorded as an increase to Accumulated deficit of $2 million as of this date. We lease land, buildings or both for certain of our Company-operated restaurants and restaurant support centers worldwide. Rental expense for leased Company-operated restaurants is presented in our Consolidated Statements of Income within Company restaurant expenses and rental expense for restaurant support centers is presented within G&A. The length of our lease terms, which vary by country and often include renewal options, are an important factor in determining the appropriate accounting for leases including the initial classification of the lease as finance or operating as well as the timing of recognition of rent expense over the duration of the lease. We include renewal option periods in determining the term of our leases when failure to renew the lease would impose a penalty on the Company in such an amount that a renewal appears to be reasonably certain at the commencement of the lease. The primary penalty to which we are subject is the economic detriment associated with the existence of leasehold improvements that might be impaired if we choose not to continue the use of the leased property. Leasehold improvements are amortized over the shorter of their estimated useful lives or the lease term. We generally do not receive leasehold improvement incentives upon opening a store that is subject to a lease. We expense rent associated with leased land or buildings while a restaurant is being constructed whether rent is paid or we are subject to a rent holiday. Our leasing activity for other assets, including equipment, is not significant. Right-of-use assets and liabilities are recognized upon lease commencement for operating and finance leases based on the present value of lease payments over the lease term. Right-of-use assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Subsequent amortization of the right-of-use asset and accretion of the lease liability for an operating lease is recognized as a single lease cost, on a straight-line basis, over the lease term. For finance leases, the right-of-use asset is depreciated on a straight-line basis over the lesser of the useful life of the leased asset or lease term. Interest on each finance lease liability is determined as the amount that results in a constant periodic discount rate on the remaining balance of the liability. As most of our leases do not provide an implicit discount rate, we use our incremental secured borrowing rate based on the information available at commencement date, including the lease term and currency, in determining the present value of lease payments for both operating and finance leases. Leases with an initial term of 12 months or less are not recorded in the Consolidated Balance Sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. Right-of-use assets are assessed for impairment in accordance with our long-lived asset impairment policy, which is performed annually for restaurant-level assets or whenever events or changes in circumstances indicate that the carrying amount of a restaurant may not be recoverable. We reassess lease classification and remeasure right-of-use assets and lease liabilities when a lease is modified and that modification is not accounted for as a separate new lease or upon certain other events that require reassessment. The difference between operating lease rental expense recognized in our Consolidated Statements of Income and cash payments for operating leases is recognized within Other, net within Net Cash Provided by Operating Activities in our Consolidated Statements of Cash Flows.
Goodwill and Intangible Assets	Goodwill and Intangible Assets. From time-to-time, the Company acquires restaurants from one of our Concept’s franchisees or acquires another business. Goodwill from these acquisitions represents the excess of the cost of a business acquired over the net of the amounts assigned to assets acquired, including identifiable intangible assets and liabilities assumed. Goodwill is not amortized and has been assigned to reporting units for purposes of impairment testing. Our reporting units are our business units (which are aligned based on geography) in our KFC, Taco Bell, Pizza Hut and Habit Burger Grill Divisions. We evaluate goodwill for impairment on an annual basis or more often if an event occurs or circumstances change that indicate impairment might exist. We have selected the beginning of our fourth quarter as the date on which to perform our ongoing annual impairment test for goodwill. We may elect to perform a qualitative assessment for our reporting units to determine whether it is more likely than not that the fair value of the reporting unit is greater than its carrying value. If a qualitative assessment is not performed, or if as a result of a qualitative assessment it is not more likely than not that the fair value of a reporting unit exceeds its carrying value, then the reporting unit’s fair value is compared to its carrying value. Fair value is the price a willing buyer would pay for a reporting unit, and is generally estimated using discounted expected future after-tax cash flows from Company-owned restaurant operations, if any, and franchise royalties. The discount rate is our estimate of the required rate of return that a third-party buyer would expect to receive when purchasing a business from us that constitutes a reporting unit. We believe the discount rate is commensurate with the risks and uncertainty inherent in the forecasted cash flows. An impairment charge is recognized based on the excess of a reporting unit’s carrying amount over its fair value. If we record goodwill upon acquisition of a restaurant(s) from a franchisee and such restaurant(s) is then sold within two years of acquisition, the goodwill associated with the acquired restaurant(s) is written off in its entirety. If the restaurant is refranchised two years or more subsequent to its acquisition, we include goodwill in the carrying amount of the restaurants disposed of based on the relative fair values of the portion of the reporting unit disposed of in the refranchising and the portion of the reporting unit that will be retained. The fair value of the portion of the reporting unit disposed of in a refranchising is determined by reference to the discounted value of the future cash flows expected to be generated by the restaurant and retained by the franchisee, which includes a deduction for the anticipated, future royalties the franchisee will pay us associated with the franchise agreement entered into simultaneously with the refranchising transition. The fair value of the reporting unit retained is based on the price a willing buyer would pay for the reporting unit and includes the value of franchise agreements. Appropriate adjustments are made if a franchise agreement includes terms that are determined to not be at prevailing market rates. As such, the fair value of the reporting unit retained can include expected cash flows from future royalties from those restaurants currently being refranchised, future royalties from existing franchise businesses and company restaurant operations. As a result, the percentage of a reporting unit’s goodwill that will be written off in a refranchising transaction will be less than the percentage of the reporting unit’s Company-owned restaurants that are refranchised in that transaction and goodwill can be allocated to a reporting unit with only franchise restaurants. We evaluate the remaining useful life of an intangible asset that is not being amortized each reporting period to determine whether events and circumstances continue to support an indefinite useful life. If an intangible asset that is not being amortized is subsequently determined to have a finite useful life, we amortize the intangible asset prospectively over its estimated remaining useful life. Intangible assets that are deemed to have a definite life are amortized on a straight-line basis to their residual value. We evaluate our indefinite-lived intangible assets for impairment on an annual basis or more often if an event occurs or circumstances change that indicate impairments might exist. We perform our annual test for impairment of our indefinite-lived intangible assets at the beginning of our fourth quarter. We may elect to perform a qualitative assessment to determine whether it is more likely than not that the fair value of an indefinite-lived intangible asset is greater than its carrying value. If a qualitative assessment is not performed, or if as a result of a qualitative assessment it is not more likely than not that the fair value of an indefinite-lived intangible asset exceeds its carrying value, then the asset's fair value is compared to its carrying value. Fair value is an estimate of the price a willing buyer would pay for the intangible asset and is estimated by discounting the expected future after-tax cash flows associated with the intangible asset. Our definite-lived intangible assets that are not allocated to an individual restaurant are evaluated for impairment whenever events or changes in circumstances indicate that the carrying amount of the intangible asset may not be recoverable. An intangible asset that is deemed not recoverable on an undiscounted basis is written down to its estimated fair value, which is our estimate of the price a willing buyer would pay for the intangible asset based on discounted expected future after-tax cash flows. For purposes of our impairment analysis, we update the cash flows that were initially used to value the definite-lived intangible asset to reflect our current estimates and assumptions over the asset’s future remaining life. Capitalized Software. We state capitalized software at cost less accumulated amortization within Intangible assets, net on our Consolidated Balance Sheets. We calculate amortization on a straight line basis over the estimated useful life of the software which ranges from 3 to 7 years upon initial capitalization.
Derivative Financial Instruments	Derivative Financial Instruments. We use derivative instruments primarily to hedge interest rate and foreign currency risks, and to reduce our exposure to market-driven charges in certain of the liabilities associated with employee compensation deferrals into our Executive Income Deferral (“EID”) Plan. These derivative contracts are entered into with financial institutions. We do not use derivative instruments for trading purposes and we have procedures in place to monitor and control their use. We record all derivative instruments on our Consolidated Balance Sheet at fair value. For derivative instruments that are designated and qualify as a cash flow hedge, gain or loss on the derivative instrument is reported as a component of AOCI and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. For derivative instruments not designated as hedging instruments, the gain or loss is recognized in the results of operations immediately. As a result of the use of derivative instruments, the Company is exposed to risk that the counterparties will fail to meet their contractual obligations. To mitigate the counterparty credit risk, we only enter into contracts with carefully selected major financial institutions based upon their credit ratings and other factors, and continually assess the creditworthiness of counterparties. At December 31, 2021 and December 31, 2020, all of the counterparties to our interest rate swaps and foreign currency forwards had investment grade ratings according to the three major ratings agencies. To date, all counterparties have performed in accordance with their contractual obligations.
Common Stock Share Repurchases	Common Stock Share Repurchases. From time-to-time, we repurchase shares of our Common Stock under share repurchase programs authorized by our Board of Directors. Shares repurchased constitute authorized, but unissued shares under the North Carolina laws under which we are incorporated. Additionally, our Common Stock has no par or stated value. Accordingly, we record the full value of share repurchases, or other deductions to Common Stock such as shares cancelled upon employee share-based award exercises, upon the trade date, against Common Stock on our Consolidated Balance Sheet except when to do so would result in a negative balance in such Common Stock account. In such instances, on a period basis, we record the cost of any further share repurchases, or other deductions to Common Stock as an addition to Accumulated deficit. Due to the large number of share repurchases of our stock over the past several years, our Common Stock balance is frequently zero at the end of any period. Accordingly, $1,549 million, $179 million and $796 million in share repurchases in 2021, 2020 and 2019, respectively, were recorded as an addition to Accumulated deficit. Additionally, $18 million related to shares cancelled upon employee share-based award exercises in 2019 were recorded as an addition to Accumulated deficit. See Note 17 for additional information on our share repurchases.
Accounts and notes receivable, net	Accounts and notes receivable as well as the Allowance for doubtful accounts, including balances attributable to our consolidated advertising cooperatives, as of December 31, 2021 and 2020, respectively, are as follows: 2021 2020 Accounts and notes receivable $ 632 $ 579 Allowance for doubtful accounts (36) (45) Accounts and notes receivable, net $ 596 $ 534
Pension and Post-retirement Medical Benefits	Pension and Post-retirement Medical Benefits. We measure and recognize the overfunded or underfunded status of our pension and post-retirement plans as an asset or liability in our Consolidated Balance Sheet as of our fiscal year end. The funded status represents the difference between the projected benefit obligations and the fair value of plan assets, which is calculated on a plan-by-plan basis. The projected benefit obligation and related funded status are determined using assumptions as of the end of each year. The projected benefit obligation is the present value of benefits earned to date by plan participants, including the effect of future salary increases, as applicable. The difference between the projected benefit obligations and the fair value of plan assets that has not previously been recognized in our Consolidated Statement of Income is recorded as a component of AOCI. The net periodic benefit costs associated with the Company's defined benefit pension and post-retirement medical plans are determined using assumptions regarding the projected benefit obligation and, for funded plans, the market-related value of plan assets as of the beginning of each year, or remeasurement period if applicable. We record the service cost component of net periodic benefit costs in G&A. Non-service cost components are recorded in Other pension (income) expense. We have elected to use a market-related value of plan assets to calculate the expected return on assets, net of administrative and investment fees paid from plan assets, in net periodic benefit costs. For each individual plan we amortize into pension expense the net amounts in AOCI, as adjusted for the difference between the fair value and market-related value of plan assets, to the extent that such amounts exceed 10% of the greater of a plan’s projected benefit obligation or market-related value of assets, over the remaining service period of active participants in the plan or, for plans with no active participants, over the expected average life expectancy of the inactive participants in the plan. The market-related value of plan assets is the fair value of plan assets as of the beginning of each year adjusted for variances between actual returns and expected returns. We attribute such variances to the market-related value of plan assets evenly over five years. We record a curtailment when an event occurs that significantly reduces the expected years of future service or eliminates the accrual of defined benefits for the future services of a significant number of employees. We record a curtailment gain when the employees who are entitled to the benefits terminate their employment; we record a curtailment loss when it becomes probable a loss will occur. We recognize settlement gains or losses only when we have determined that the cost of all settlements in a year will exceed the sum of the service and interest costs within an individual plan.
Franchise Support Costs	Franchise Support Costs. Certain direct costs of our franchise operations are charged to Franchise and property expenses. These costs include provisions for estimated uncollectible upfront and continuing fees, rent or depreciation expense associated with restaurants we lease or sublease to franchisees, marketing funding on behalf of franchisees, amortization expense for franchise-related intangible assets, value added taxes on royalties and certain other direct incremental franchise support costs. The costs we incur to provide support services to our franchisees for which we do not receive a reimbursement are charged to General and administrative expenses (“G&A”) as incurred. Expenses related to the provisioning of goods or services for which we receive reimbursement for all or substantially all of the expense amount from a franchisee are recorded in Franchise advertising and other services expense (the associated revenue is recorded within Franchise contributions for advertising and other services as described above). The majority of these expenses relate to advertising and are incurred on behalf of franchisees by the advertising cooperatives we are required to consolidate. These expenses are accounted for as described in the Advertising Costs policy below. For such expenses that do not relate to advertising the expenses are recognized as incurred.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
Summary of Significant Accounting Policies (Tables)	Dec. 31, 2021
Accounting Policies [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	Accounts and notes receivable as well as the Allowance for doubtful accounts, including balances attributable to our consolidated advertising cooperatives, as of December 31, 2021 and 2020, respectively, are as follows: 2021 2020 Accounts and notes receivable $ 632 $ 579 Allowance for doubtful accounts (36) (45) Accounts and notes receivable, net $ 596 $ 534

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
Acquisitions (Tables)	Dec. 31, 2021
Restructuring and Related Activities [Abstract]
Schedule of Business Acquisitions, by Acquisition	Total Current Assets $ 11 Property, plant and equipment, net 111 Habit Burger Grill brand (included in Intangible assets, net) 96 Operating lease right-of-use assets (included in Other assets) 196 Other assets 28 Total Assets 442 Total Current Liabilities (68) Operating lease liabilities (included in Other liabilities and deferred credits) (170) Total Liabilities (238) Total identifiable net assets 204 Goodwill 204 Net consideration transferred $ 408

Earnings Per Common Share ("E_2

Earnings Per Common Share ("EPS") (Tables)	12 Months Ended
Earnings Per Common Share ("EPS") (Tables)	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Common Share	2021 2020 2019 Net Income $ 1,575 $ 904 $ 1,294 Weighted-average common shares outstanding (for basic calculation) 297 302 306 Effect of dilutive share-based employee compensation 5 5 7 Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) 302 307 313 Basic EPS $ 5.30 $ 2.99 $ 4.23 Diluted EPS $ 5.21 $ 2.94 $ 4.14 Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation (a) 1.1 4.8 2.0 (a) These unexercised employee stock options and stock appreciation rights were not included in the computation of diluted EPS because to do so would have been antidilutive for the periods presented.

Items Affecting Comparability_2

Items Affecting Comparability of Net Income and Cash Flows (Tables)	12 Months Ended
	Dec. 31, 2021
Refranchising (gain) loss [Member]
Facility Actions [Line Items]
Facility Actions	A summary of Refranchising (gain) loss is as follows: Refranchising (gain) loss 2021 2020 2019 KFC Division $ (1) $ (33) $ (6) Taco Bell Division (29) (2) (31) Pizza Hut Division 1 1 — Habit Burger Grill Division (6) — — Worldwide $ (35) $ (34) $ (37)

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
Revenue Recognition (Tables)	Dec. 31, 2021
Disaggregation of Revenue [Table Text Block]	2021 KFC Division Taco Bell Division Pizza Hut Division Habit Burger Grill Division Total U.S. Company sales $ 65 $ 944 $ 21 $ 520 $ 1,550 Franchise revenues 198 661 279 4 1,142 Property revenues 14 44 5 — 63 Franchise contributions for advertising and other services 28 545 317 1 891 China Franchise revenues 235 — 62 — 297 Other Company sales 531 — 25 — 556 Franchise revenues 1,049 37 249 — 1,335 Property revenues 61 — 2 — 63 Franchise contributions for advertising and other services 612 7 68 — 687 $ 2,793 $ 2,238 $ 1,028 $ 525 $ 6,584 2020 KFC Division Taco Bell Division Pizza Hut Division Habit Burger Grill Division Total U.S. Company sales $ 60 $ 882 $ 21 $ 346 $ 1,309 Franchise revenues 184 593 272 1 1,050 Property revenues 16 44 5 — 65 Franchise contributions for advertising and other services 18 483 317 — 818 China Franchise revenues 204 — 51 — 255 Other Company sales 446 — 55 — 501 Franchise revenues 833 25 222 — 1,080 Property revenues 58 — 2 — 60 Franchise contributions for advertising and other services 453 4 57 — 514 $ 2,272 $ 2,031 $ 1,002 $ 347 $ 5,652
Deferred Revenue, by Arrangement, Disclosure [Table Text Block]	Deferred Franchise Fees Balance at December 31, 2019 $ 441 Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period (76) Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period 53 Other (a) (3) Balance at December 31, 2020 $ 415 Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period (74) Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period 87 Other (a) (7) Balance at December 31, 2021 $ 421 (a) Includes impact of foreign currency translation, as well as, in 2021, the recognition of deferred franchise fees into Refranchising (gain) loss upon the modification of existing franchise agreements when entering into master franchise agreements.
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 $ 68 1 - 2 years 61 2 - 3 years 57 3 - 4 years 50 4 - 5 years 44 Thereafter 141 Total $ 421

Supplemental Cash Flow Data (Ta

Supplemental Cash Flow Data (Tables)	12 Months Ended
Supplemental Cash Flow Data (Tables)	Dec. 31, 2021
Supplemental Cash Flow Elements [Abstract]
Cash paid for interest and income taxes, and significant non-cash investing and financing activities	2021 2020 2019 Cash Paid For: Interest (a) $ 474 $ 480 $ 497 Income taxes 308 328 283 Significant Non-Cash Investing and Financing Activities: Non-cash refranchising proceeds (b) — 31 6 Reconciliation of Cash and cash equivalents to Consolidated Statements of Cash Flows: Cash and cash equivalents as presented in Consolidated Balance Sheets $ 486 $ 730 $ 605 Restricted cash included in Prepaid expenses and other current assets (c) 250 258 138 Restricted cash and restricted cash equivalents included in Other assets (d) 35 36 25 Cash, Cash Equivalents and Restricted Cash as presented in Consolidated Statements of Cash Flows $ 771 $ 1,024 $ 768 (a) Amounts exclude payments of $28 million in both 2021 and 2020 classified as Interest expense in our Consolidated Statements of Income which are included in Repayments of long-term debt within financing activities in our Consolidated Statements of Cash Flows (see Note 11). (b) In 2020 we received as refranchising consideration a minority interest in an entity (Devyani) that operates KFC and Pizza Hut franchised units in India (see Note 5) and in 2019 we received as refranchising consideration a minority interest in an entity that owns our KFC and Pizza Hut master franchisee rights in Brazil. (c) 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 (see Note 11).

Other (Income) Expense (Tables)

Other (Income) Expense (Tables)	12 Months Ended
Other (Income) Expense (Tables)	Dec. 31, 2021
Other Income and Expenses [Abstract]
Other (Income) Expense Table	2021 2020 2019 Foreign exchange net (gain) loss and other (a) $ (14) $ (18) $ (1) Impairment and closure expense (b) 16 172 5 Other (income) expense $ 2 $ 154 $ 4 (a) The year ended December 31, 2019, includes a charge of $8 million for the settlement of contingent consideration associated with our 2013 acquisition of the KFC Turkey and Pizza Hut Turkey businesses.

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Tables)	12 Months Ended
Supplemental Balance Sheet Information (Tables)	Dec. 31, 2021
Supplemental Balance Sheet Information Disclosure [Abstract]
Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets 2021 2020 Income tax receivable $ 50 $ 35 Restricted cash 250 258 Assets held for sale (a) 12 7 Other prepaid expenses and current assets 138 125 Prepaid expenses and other current assets $ 450 $ 425
Property, Plant and Equipment	Property, Plant and Equipment 2021 2020 Land $ 412 $ 428 Buildings and improvements 1,403 1,423 Finance leases, primarily buildings 67 71 Machinery, equipment and other 595 543 Property, plant and equipment, gross 2,477 2,465 Accumulated depreciation and amortization (1,270) (1,230) Property, plant and equipment, net $ 1,207 $ 1,235
Schedule of Other Assets	Other Assets 2021 2020 Operating lease right-of-use assets $ 809 $ 851 Franchise incentives 164 163 Investment in Devyani International Limited 118 31 Other 396 390 Other assets $ 1,487 $ 1,435
Accounts Payable and Other Current Liabilities	Accounts Payable and Other Current Liabilities 2021 2020 Accounts payable $ 227 $ 215 Accrued compensation and benefits 292 225 Accrued advertising 229 196 Operating lease liabilities 88 97 Accrued interest 78 73 Other current liabilities 420 383 Accounts payable and other current liabilities $ 1,334 $ 1,189 (a) Assets held for sale reflect the carrying value of restaurants we have offered for sale to franchisees and excess properties that we do not intend to use for restaurant operations in the future.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
Goodwill and Intangible Assets (Tables)	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the carrying amount of goodwill	The changes in the carrying amount of goodwill are as follows: KFC Taco Bell Pizza Hut Habit Burger Grill Worldwide Goodwill, net as of December 31, 2019 (a) $ 233 $ 98 $ 199 $ — $ 530 Disposals and other, net (b) 2 — 3 — 5 Habit Burger Grill acquisition and impairment (See Note 3) — — — 62 62 Goodwill, net as of December 31, 2020 (a) $ 235 $ 98 $ 202 $ 62 $ 597 Acquisitions — — — 10 10 Disposals and other, net (b) (3) — (2) (2) (7) Dragontail Systems acquisition (See Note 3) — — 57 — 57 Goodwill, net as of December 31, 2021 (a) $ 232 $ 98 $ 257 $ 70 $ 657 (a) Goodwill, net includes $144 million of accumulated impairment loss recorded in the year ended December 31, 2020, related to our Habit Burger Grill segment and $17 million of accumulated impairment losses for each year presented related to our Pizza Hut segment. (b) Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising.
Schedule Of Finite And Indefinite Lived Intangible Assets By Major Class	Intangible assets, net for the years ended 2021 and 2020 are as follows: 2021 2020 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Definite-lived intangible assets Capitalized software costs $ 409 $ (214) $ 335 $ (160) Reacquired franchise rights 41 (33) 39 (33) Franchise contract rights 100 (88) 100 (85) Other 53 (36) 53 (33) $ 603 $ (371) $ 527 $ (311) Indefinite-lived intangible assets KFC trademark $ 31 $ 31 Habit Burger Grill brand asset 96 96 $ 127 $ 127

Short-term Borrowings and Lon_2

Short-term Borrowings and Long-term Debt (Tables)	12 Months Ended
Short-term Borrowings and Long-term Debt (Tables)	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	2021 2020 Short-term Borrowings Current maturities of long-term debt $ 75 $ 463 Less current portion of debt issuance costs and discounts (7) (10) Short-term borrowings $ 68 $ 453 Long-term Debt Securitization Notes $ 3,811 $ 2,869 Subsidiary Senior Unsecured Notes 750 1,800 Term Loan A Facility 750 431 Term Loan B Facility 1,489 1,916 YUM Senior Unsecured Notes 4,475 3,725 Finance lease obligations (See Note 12) 64 72 $ 11,339 $ 10,813 Less debt issuance costs and discounts (86) (78) Less current maturities of long-term debt (75) (463) Long-term debt $ 11,178 $ 10,272
Securitization Notes issued that remain outstanding	The following table summarizes Securitization Notes outstanding at December 31, 2021: Interest Rate Issuance Date Anticipated Repayment Date (a) Outstanding Principal Stated Effective (b) May 2016 May 2026 $ 955 4.970 % 5.14 % November 2018 November 2028 $ 606 4.940 % 5.06 % August 2021 February 2027 $ 900 1.946 % 2.11 % August 2021 February 2029 $ 600 2.294 % 2.42 % August 2021 August 2031 $ 750 2.542 % 2.64 % (a) The legal final maturity dates of the Securitization Notes issued in 2016, 2018 and 2021 are May 2046, November 2048 and August 2051, respectively. If the Issuer has not repaid or refinanced a series of Securitization Notes prior to its respective Anticipated Repayment Dates, rapid amortization of principal on all Securitization Notes will occur and additional interest will accrue on the Securitization Notes. (b) Includes the effects of the amortization of any discount and debt issuance costs.
Credit Agreement and Subsidiary Senior Unsecured Notes issued that remain outstanding	Interest Rate Issuance Date Maturity Date Outstanding Principal Stated Effective (b) Term Loan A Facility March 2021 March 2026 $ 750 (a) 0.96 % Term Loan B Facility March 2021 March 2028 $ 1,489 (a) 4.99 % Senior Note Due 2027 June 2017 June 2027 $ 750 4.75 % 4.90 % (a) Subsequent to the refinance, the interest rates applicable to the Term Loan A Facility as well as the Revolving Facility range from 0.75% to 1.50% plus LIBOR or from 0.00% to 0.50% plus the Base Rate (as defined in the Credit Agreement), at the Borrowers’ election, based upon the total leverage ratio (as defined in the Credit Agreement). As of December 31, 2021, the interest rate spreads on the LIBOR and Base Rate applicable to our Term Loan A Facility were 0.75% and 0.00%, respectively. The interest rates applicable to the Term Loan B Facility are 1.75% plus LIBOR or 0.75% plus the Base Rate, at the Borrowers’ election. (b) Includes the effects of the amortization of any discount and debt issuance costs as well as the impact of the interest rate swaps on the Term Loan A and Term Loan B Facilities (see Note 13). The effective rates related to our Term Loan A and B Facilities are based on LIBOR-based interest rates through December 31, 2021.
Senior Unsecured Notes issued that remain outstanding	The following table summarizes all YUM Senior Unsecured Notes issued that remain outstanding at December 31, 2021: Interest Rate Issuance Date Maturity Date Principal Amount (in millions) Stated Effective (a) October 2007 November 2037 $ 325 6.88 % 7.45 % October 2013 November 2023 $ 325 3.88 % 4.01 % October 2013 November 2043 $ 275 5.35 % 5.42 % September 2019 January 2030 $ 800 4.75 % 4.90 % April 2020 April 2025 $ 600 7.75 % 8.05 % September 2020 March 2031 $ 1,050 3.63 % 3.77 % April 2021 January 2032 $ 1,100 4.63 % 4.77 % (a) Includes the effects of the amortization of any (1) premium or discount; (2) debt issuance costs; and (3) gain or loss upon settlement of related treasury locks and forward starting interest rate swaps utilized to hedge the interest rate risk prior to debt issuance.
Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments	The annual maturities of all Short-term borrowings and Long-term debt as of December 31, 2021, excluding finance lease obligations of $ 64 million Year ended: 2022 $ 68 2023 398 2024 87 2025 692 2026 1,606 Thereafter 8,424 Total $ 11,275

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2021
Leases [Abstract]
Lease, Cost	2021 2020 2019 Operating lease cost $ 145 $ 137 $ 115 Finance lease cost Amortization of right-of-use assets 5 5 3 Interest on lease liabilities 4 3 3 Total finance lease cost $ 9 $ 8 $ 6 Sublease income $ (59) $ (60) $ (69)
Condensed Cash Flow Statement	2021 2020 2019 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 140 $ 133 $ 104 Operating cash flows from finance leases 4 3 3 Financing cash flows from finance leases 4 5 4 Right-of-use assets obtained in exchange for lease obligations Operating leases (a) 119 296 79 Finance leases 5 4 14 Operating lease liabilities transferred through refranchising (25) (3) (25) Finance lease and other debt obligations transferred through refranchising (2) (1) (1) (a) The year ended December 31, 2020, includes right-of-use assets acquired as part of the acquisition of Habit Burger Grill of $196 million (See Note 3).
Condensed Balance Sheet	2021 2020 Consolidated Balance Sheet Assets Operating lease right-of-use assets $ 809 $ 851 Other assets Finance lease right-of-use assets 37 40 Property, plant and equipment, net Total right-of-use assets (a) $ 846 $ 891 Liabilities Current Operating $ 88 $ 97 Accounts payable and other current liabilities Finance 7 7 Short-term borrowings Non-current Operating 793 823 Other liabilities and deferred credits Finance 57 65 Long-term debt Total lease liabilities (a) $ 945 $ 992 Weighted-average Remaining Lease Term (in years) Operating leases 10.9 11.1 Finance leases 12.1 12.2 Weighted-average Discount Rate Operating leases 4.9 % 5.1 % Finance leases 6.4 % 6.5 % (a) U.S. operating lease right-of-use assets and liabilities totaled $516 million and $577 million, respectively, as of December 31, 2021, and $499 million and $556 million, respectively, as of December 31, 2020. These amounts primarily related to Taco Bell U.S. and the Habit Burger Grill including leases related to Company-operated restaurants, leases related to franchise-operated restaurants we sublease and the Taco Bell restaurant support center.
Future minimum commitments and amounts to be received as lessor or sublessor under non-cancelable leases	Future minimum lease payments, including rental payments for lease renewal options we are reasonably certain to exercise, and amounts to be received as lessor or sublessor as of December 31, 2021, were as follows: Commitments Lease Receivables Finance Operating Direct Financing Operating 2022 $ 10 $ 131 $ 4 $ 84 2023 9 128 3 81 2024 8 119 3 78 2025 7 109 3 68 2026 7 101 2 72 Thereafter 48 575 23 550 Total lease payments/receipts 89 1,163 38 $ 933 Less imputed interest/unearned income (25) (282) (14) Total lease liabilities/receivables $ 64 $ 881 $ 24

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
Derivative Instruments (Tables)	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments, Gain (Loss) [Table Text Block]	Gains and losses on derivative instruments designated as cash flow hedges recognized in OCI and reclassifications from AOCI into Net Income: Gains/(Losses) Recognized in OCI (Gains)/Losses Reclassified from AOCI into Net Income 2021 2020 2019 2021 2020 2019 Interest rate swaps $ 34 $ (103) $ (71) $ 29 $ 10 $ (17) Foreign currency contracts — 4 20 (1) (4) (8) Income tax benefit/(expense) (9) 24 16 (5) (1) 4

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	12 Months Ended
Fair Value Disclosures (Tables)	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis	The following table presents the carrying value and estimated fair value of the Company’s debt obligations: 2021 2020 Carrying Value Fair Value (Level 2) Carrying Value Fair Value (Level 2) Securitization Notes (a) $ 3,811 $ 3,872 $ 2,869 $ 3,015 Subsidiary Senior Unsecured Notes (b) 750 784 1,800 1,890 Term Loan A Facility (b) 750 748 431 428 Term Loan B Facility (b) 1,489 1,490 1,916 1,907 YUM Senior Unsecured Notes (b) 4,475 4,845 3,725 4,094 (a) We estimated the fair value of the Securitization Notes using market quotes and calculations. The markets in which the Securitization Notes trade are not considered active markets. (b) We estimated the fair value of the YUM and Subsidiary Senior Unsecured Notes, Term Loan A Facility, and Term Loan B Facility using market quotes and calculations based on market rates.
Fair Value Measurements, Recurring Basis	The following table presents fair values for those assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the measurements fall. Fair Value Consolidated Balance Sheet Level 2021 2020 Assets Foreign Currency Contracts Prepaid expenses and other current assets 2 — 1 Other Investments Other assets 1 119 45 Other Investments Other assets 3 5 — Liabilities Interest Rate Swaps Accounts Payable and other current liabilities 2 38 28 Interest Rate Swaps Other liabilities and deferred credits 2 54 127

Pension, Retiree Medical and _2

Pension, Retiree Medical and Retiree Savings Plans (Tables)	12 Months Ended
Pension, Retiree Medical and Retiree Savings Plans (Tables)	Dec. 31, 2021
Retirement Benefits [Abstract]
Funded status of pension plans	2021 2020 Change in benefit obligation: Benefit obligation at beginning of year $ 1,133 $ 1,015 Service cost 8 8 Interest cost 32 35 Plan amendments 1 1 Special termination benefits — 2 Benefits paid (33) (46) Settlement payments (67) — Actuarial (gain) loss (5) 118 Benefit obligation at end of year $ 1,069 $ 1,133 A significant component of the overall decrease in the Company's benefit obligation for the year ended December 31, 2021, was due to settlement payments, which were primarily related to a resource optimization program initiated in the third quarter of 2020 (see Note 5). A significant component of the overall increase in the Company's benefit obligation for the year ended December 31, 2020, was due to an actuarial loss, which was primarily due to a decrease in the discount rate used to measure our benefit obligation from 3.50% at December 31, 2019, to 2.80% at December 31, 2020. 2021 2020 Change in plan assets: Fair value of plan assets at beginning of year $ 1,014 $ 886 Actual return on plan assets 88 168 Employer contributions 8 6 Benefits paid (33) (46) Settlement payments (67) — Fair value of plan assets at end of year $ 1,010 $ 1,014 Funded status at end of year $ (59) $ (119)
Amounts recognized in the Consolidated Balance Sheet	Amounts recognized in the Consolidated Balance Sheet: 2021 2020 Accrued benefit asset - non-current $ 43 $ — Accrued benefit liability - current (7) (9) Accrued benefit liability - non-current (95) (110) $ (59) $ (119)
Pension plans with an accumulated benefit obligation in excess of pan assets	The table below provides information for those pension plan(s) with an accumulated benefit obligation in excess of plan assets. The pension plan(s) included also have a projected benefit obligation in excess of plan assets. 2021 2020 Projected benefit obligation $ 102 $ 1,133 Accumulated benefit obligation 98 1,111 Fair value of plan assets — 1,014
Components of net periodic benefit cost	Components of net periodic benefit cost: 2021 2020 2019 Service cost $ 8 $ 8 $ 6 Interest cost 32 35 39 Amortization of prior service cost (a) 6 5 6 Expected return on plan assets (43) (43) (44) Amortization of net loss 14 14 1 Net periodic benefit cost $ 17 $ 19 $ 8 Additional (gain) loss recognized due to: Settlement charges (b) $ — $ — $ 3 Special termination benefits $ — $ 2 $ — (a) Prior service costs are amortized on a straight-line basis over the average remaining service period of employees expected to receive benefits. (b) Settlement losses result when benefit payments exceed the sum of the service cost and interest cost within a plan during the year. These losses were recorded in Other pension (income) expense.
Pension losses in accumulated other comprehensive income (loss)	Pension gains (losses) in AOCI: 2021 2020 Beginning of year $ (111) $ (136) Net actuarial gain (loss) 49 7 Curtailments — 1 Amortization of net loss 14 14 Amortization of prior service cost 6 5 Prior service cost (1) (2) End of year $ (43) $ (111)
Schedule of Accumulated pre-tax losses recognized in Accumulated Other Comprehensive Income	Accumulated pre-tax losses recognized within AOCI: 2021 2020 Actuarial net loss $ (33) $ (96) Prior service cost (10) (15) $ (43) $ (111)
Weighted-average assumptions used to determine benefit obligations and net periodic benefit cost	Weighted-average assumptions used to determine benefit obligations at the measurement dates: 2021 2020 Discount rate 3.00 % 2.80 % Rate of compensation increase 3.00 % 3.00 % Weighted-average assumptions used to determine the net periodic benefit cost for fiscal years: 2021 2020 2019 Discount rate 2.80 % 3.50 % 4.60 % Long-term rate of return on plan assets 5.25 % 5.50 % 5.75 % Rate of compensation increase 3.00 % 3.00 % 3.00 %
Schedule of Changes in Fair Value of Plan Assets	The fair values of our pension plan assets at December 31, 2021 and 2020 by asset category and level within the fair value hierarchy are as follows: 2021 2020 Level 1: Cash $ 237 $ 9 Cash Equivalents (a) 80 10 Fixed Income Securities - U.S. Corporate (b) 41 164 Equity Securities - U.S. (b) — 409 Equity Securities - Non-U.S. (b) — 102 Level 2: Fixed Income Securities - U.S. Corporate (c) 49 148 Fixed Income Securities - U.S. Government and Government Agencies (d) 175 354 Fixed Income Securities - Other (d) 30 30 Total assets in the fair value hierarchy 612 1,226 Investments measured at net asset value (e) Equity Securities 456 — Total fair value of plan assets (f) $ 1,068 $ 1,226 (a) Short-term investments in money market funds. (b) Securities held in common or collective trusts. (c) Investments held directly by the Plan. (d) Includes securities held in common or collective trusts and investments held directly by the Plan. (e) Includes securities that have been measured at fair value using the net asset value per unit practical expedient due to the absence of readily available market prices. Accordingly, these securities have not been classified in the fair value hierarchy. (f) 2021 and 2020 exclude net unsettled trade payables of $58 million and $212 million, respectively.
Fair values of pension plan assets	As of December 31, 2021, the Plan's assets were in the process of being transitioned to the weighted-average target allocation summarized as follows: Asset Category Target Allocation Fixed income 49 % Equity securities 32 % Real assets 19 %
Expected benefit payments	The benefits expected to be paid in each of the next five years and in the aggregate for the five years thereafter are set forth below: Year ended: 2022 $ 47 2023 50 2024 52 2025 57 2026 59 2027 - 2031 293

Share-based and Deferred Comp_2

Share-based and Deferred Compensation Plans (Tables)	12 Months Ended
Share-based and Deferred Compensation Plans (Tables)	Dec. 31, 2021
Compensation Related Costs [Abstract]
Weighted-average assumptions used in the Black-Scholes option-pricing model	We estimated the fair value of each stock option and SAR award as of the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions: 2021 2020 2019 Risk-free interest rate 0.5 % 1.0 % 2.5 % Expected term 6.3 years 5.8 years 6.5 years Expected volatility 27.0 % 24.0 % 22.0 % Expected dividend yield 1.9 % 1.9 % 1.8 %
Summary of award activity	Stock Options and SARs Shares Weighted-Average Exercise Weighted- Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in millions) Outstanding at the beginning of the year 15,562 $ 74.52 Granted 757 103.85 Exercised (3,720) 60.77 Forfeited or expired (329) 94.60 Outstanding at the end of the year 12,270 (a) 79.96 6.12 $ 723 Exercisable at the end of the year 8,405 $ 72.53 5.35 $ 557 (a) Outstanding awards include 403 options and 11,867 SARs with weighted average exercise prices of $74.80 and $80.14, respectively. Outstanding awards represent YUM awards held by employees of both YUM and Yum China.	[1]
Impact on net income	The components of share-based compensation expense and the related income tax benefits are shown in the following table: 2021 2020 2019 Options and SARs $ 29 $ 75 $ 39 Restricted Stock Units 16 20 12 Performance Share Units 30 2 8 Total Share-based Compensation Expense $ 75 $ 97 $ 59 Deferred Tax Benefit recognized $ 15 $ 18 $ 9

[1]	Outstanding awards include 403 options and 11,867 SARs with weighted average exercise prices of $74.80 and $80.14, respectively. Outstanding awards represent YUM awards held by employees of both YUM and Yum China.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
Shareholders' Equity (Tables)	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
Repurchase Of Shares Of Common Stock	Shares Repurchased Dollar Value of Shares Authorization Date 2021 2020 2019 2021 2020 2019 May 2021 8,235 — — $ 1,050 $ — $ — November 2019 4,746 2,419 — 530 250 — August 2018 — — 7,788 — — 810 Total 12,981 (a) 2,419 (a) 7,788 (b) $ 1,580 (a) $ 250 (a) $ 810 (b) (a) 2021 amount excludes and 2020 amount includes the effect of $11 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2020, but settlement dates subsequent to December 31, 2020. (b) 2019 amount excludes the effect of $5 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2018, but settlement dates subsequent to December 31, 2018.
Schedule of changes in accumulated other comprehensive income	Changes in AOCI are presented below. Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature Pension and Post-Retirement Benefits (a) Derivative Instruments (b) Total Balance at December 31, 2019, net of tax $ (221) $ (104) $ (63) $ (388) OCI, net of tax Gains (losses) arising during the year classified into AOCI, net of tax 39 (6) (75) (42) (Gains) losses reclassified from AOCI, net of tax — 14 5 19 39 8 (70) (23) Balance at December 31, 2020, net of tax $ (182) $ (96) $ (133) $ (411) OCI, net of tax Gains (losses) arising during the year classified into AOCI, net of tax (24) 50 25 51 (Gains) losses reclassified from AOCI, net of tax — 12 23 35 (24) 62 48 86 Balance at December 31, 2021, net of tax $ (206) $ (34) $ (85) $ (325) (a) Amounts reclassified from AOCI for pension and post-retirement benefit plans losses during 2021 include amortization of net losses of $12 million, amortization of prior service cost of $5 million and related income tax benefit of $4 million. Amounts reclassified from AOCI for pension and post-retirement benefit plans losses during 2020 include amortization of net losses of $14 million, amortization of prior service cost of $4 million and related income tax benefit of $4 million. See Note 15. (b) See Note 13 for details on amounts reclassified from AOCI.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income before income taxes	U.S. and foreign income before taxes are set forth below: 2021 2020 2019 U.S. $ 1,062 $ 684 $ 466 Foreign 612 336 907 $ 1,674 $ 1,020 $ 1,373
Details of income tax provision (benefit)	The details of our income tax provision (benefit) are set forth below: 2021 2020 2019 Current: Federal $ 45 $ 37 $ 129 Foreign 214 121 166 State 40 23 16 $ 299 $ 181 $ 311 Deferred: Federal $ 21 $ (21) $ (16) Foreign (227) (29) (213) State 6 (15) (3) $ (200) $ (65) $ (232) $ 99 $ 116 $ 79
Effective income tax and tax rate reconciliation	The reconciliation of income taxes calculated at the U.S. federal statutory rate to our effective tax rate is set forth below: 2021 2020 2019 U.S. federal statutory rate 21.0 % 21.0 % 21.0 % State income tax, net of federal tax 1.8 1.0 0.9 Statutory rate differential attributable to foreign operations (1.0) (0.9) 0.9 Adjustments to reserves and prior years 1.1 (1.7) 2.3 Excess tax benefits from stock-based awards (2.7) (3.4) (3.6) Change in valuation allowances (0.8) (2.5) (0.6) Intercompany restructuring (11.3) (0.3) (16.6) Nondeductible interest 1.4 — — Impact of tax law changes (3.8) (2.5) — Other, net 0.2 0.7 1.4 Effective income tax rate 5.9 % 11.4 % 5.7 %
Details of deferred tax assets (liabilities)	The details of 2021 and 2020 deferred tax assets (liabilities) are set forth below: 2021 2020 Operating losses and interest deduction carryforwards $ 186 $ 181 Capital losses 72 3 Tax credit carryforwards 194 226 Employee benefits 68 82 Share-based compensation 51 58 Lease-related liabilities 236 199 Accrued liabilities and other 52 47 Derivative instruments — 50 Intangible assets 560 678 Property, plant and equipment 35 31 Deferred income 87 81 Gross deferred tax assets 1,541 1,636 Deferred tax asset valuation allowances (462) (789) Net deferred tax assets $ 1,079 $ 847 Intangible assets, including goodwill $ (3) $ (1) Property, plant and equipment (85) (75) Operating lease right-of-use assets (200) (161) Employee benefits (24) (15) Other (51) (42) Gross deferred tax liabilities $ (363) $ (294) Net deferred tax assets (liabilities) $ 716 $ 553 The details of the 2021 valuation allowance activity are set forth below: 2021 2020 Beginning of Year $ (789) $ (787) Increases (31) (64) Decreases 355 45 Other Adjustments 3 17 End of Year $ (462) $ (789) Reported in Consolidated Balance Sheets as: 2021 2020 Deferred income taxes $ 724 $ 553 Other liabilities and deferred credits (8) — $ 716 $ 553
Loss carryforwards, by year of expiration	Details of tax loss, credit carryforwards, and expiration dates along with valuation allowances as of December 31, 2021, are as follows: Gross Amount Deferred Tax Asset Valuation Allowance Expiration Federal net operating losses $ 18 $ 4 $ — 2036-2037 Federal net operating losses - Indefinite 61 13 — None Foreign net operating losses 59 12 (11) 2022-2037 Foreign net operating losses - Indefinite 229 59 (35) None State net operating losses 1,408 59 (43) 2022-2040 Foreign capital loss carryforward - Indefinite 289 72 (72) None Foreign tax credits 187 187 (172) 2026-2030 State tax credits 7 7 (5) 2023 Federal interest deduction carryforward - Indefinite 81 17 (8) None State interest deduction carryforward - Indefinite 487 22 (21) None $ 2,826 $ 452 $ (367)
Unrecognized tax benefits reconciliation	A reconciliation of the beginning and ending unrecognized tax benefits follows: 2021 2020 Beginning of Year $ 175 $ 188 Additions on tax positions - current year 13 5 Additions for tax positions - prior years 41 34 Reductions for tax positions - prior years (110) (22) Reductions for settlements (3) (30) Reductions due to statute expiration — — Foreign currency translation adjustment — — End of Year $ 116 $ 175

Reportable Operating Segments (

Reportable Operating Segments (Tables)	12 Months Ended
Reportable Operating Segments (Tables)	Dec. 31, 2021
Segment Reporting [Abstract]
Reconciliation of Revenue from Segments to Consolidated	Revenues 2021 2020 2019 KFC Division (a) $ 2,793 $ 2,272 $ 2,491 Taco Bell Division (a) 2,238 2,031 2,079 Pizza Hut Division (a) 1,028 1,002 1,027 Habit Burger Grill Division (a) 525 347 — $ 6,584 $ 5,652 $ 5,597
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	Operating Profit 2021 2020 2019 KFC Division $ 1,230 $ 922 $ 1,052 Taco Bell Division 758 696 683 Pizza Hut Division 387 335 369 Habit Burger Grill Division 2 (22) — Corporate and unallocated G&A expenses (b)(c) (260) (312) (188) Unallocated Franchise and property expenses (b)(d) 1 (4) (14) Unallocated Refranchising gain (loss) (b) 35 34 37 Unallocated Other income (expense) (b)(e) (14) (146) (9) Operating Profit 2,139 1,503 1,930 Investment income (expense), net (b) 86 74 (67) Other pension income (expense) (b) (7) (14) (4) Interest expense, net (b) (544) (543) (486) Income before income taxes $ 1,674 $ 1,020 $ 1,373
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated	Depreciation and Amortization 2021 2020 2019 KFC Division $ 28 $ 29 $ 30 Taco Bell Division 53 56 59 Pizza Hut Division 32 24 15 Habit Burger Grill Division 28 25 — Corporate 23 12 8 $ 164 $ 146 $ 112 Capital Spending 2021 2020 2019 KFC Division $ 60 $ 59 $ 81 Taco Bell Division 62 42 76 Pizza Hut Division 18 28 33 Habit Burger Grill Division 56 16 — Corporate 34 15 6 $ 230 $ 160 $ 196 Identifiable Assets (g) 2021 2020 KFC Division $ 2,313 $ 2,011 Taco Bell Division 1,397 1,387 Pizza Hut Division 850 804 Habit Burger Grill Division 586 537 Corporate (f) 820 1,113 $ 5,966 $ 5,852 Long-Lived Assets (h) 2021 2020 KFC Division $ 1,069 $ 1,160 Taco Bell Division 904 925 Pizza Hut Division 423 415 Habit Burger Grill Division 516 458 Corporate 120 68 $ 3,032 $ 3,026 (a) U.S. revenues included in the combined KFC, Taco Bell, Pizza Hut and Habit Burger Grill Divisions totaled $3.6 billion in 2021, $3.2 billion in 2020 and $3.0 billion in 2019. (b) Amounts have not been allocated to any segment for performance reporting purposes. (c) Amounts in 2020 include charitable contributions to Yum! Brands Foundation, Inc. of $50 million and $25 million related to our Unlocking Opportunity Initiative and COVID-19 employee relief, respectively. Additionally, 2020 includes $36 million for charges associated with resource optimization (see Note 5). (d) Represents costs related to an agreement executed in May 2017 with our Pizza Hut U.S. franchisees to improve brand marketing alignment, accelerate enhancements in operations and technology and that included a permanent commitment to incremental advertising as well as digital and technology contributions by franchisees (the “Pizza Hut U.S. Transformation Agreement”). (e) Unallocated Other income (expense) in 2020 includes a charge of $144 million related to the impairment of Habit Burger Grill goodwill (see Note 3). (f) Primarily includes cash and deferred tax assets. (g) U.S. identifiable assets included in the combined Corporate and KFC, Taco Bell, Pizza Hut, and Habit Burger Grill Divisions totaled $2.8 billion and $3.0 billion in 2021 and 2020, respectively. (h) Includes PP&E, net, goodwill, intangible assets, net and Operating lease right-of-use assets.

Contingencies (Tables)

Contingencies (Tables)	12 Months Ended
Contingencies (Tables)	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Activity related to self-insured property and casualty reserves	The following table summarizes the 2021 and 2020 activity related to our net self-insured property and casualty reserves as of December 31, 2021. Beginning Balance Habit Acquisition (a) Expense Payments Ending Balance 2021 Activity $ 50 — 23 (25) $ 48 2020 Activity $ 54 6 13 (23) $ 50

Description of Business (Detail

Description of Business (Details)	12 Months Ended
Description of Business (Details)	Dec. 31, 2021restaurantsoperating_segmentscountries_and_territiories
Segment Reporting Information [Line Items]
Approximate Number Of System Units	53,000
Approximate Number Of Countries And Territories Where System Units Are Located \| countries_and_territiories	157
Franchise Restaurant Ownership	98.00%
Number of Operating Segments \| operating_segments	4
Number of Stores Offering Delivery Services [Member]
Segment Reporting Information [Line Items]
Approximate Number Of System Units	45,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) $ / shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2021USD ($)Years$ / shares	Dec. 31, 2020USD ($)$ / shares	Dec. 31, 2019USD ($)
Schedule of Equity Method Investments [Line Items]
Future lease payments due from franchisees on a nominal basis	$ 1,000
Revenues	6,584	$ 5,652	$ 5,597
Operating Profit	2,139	1,503	1,930
Net Income	1,575	904	1,294
Foreign currency translation adjustment	206
Prior Period Reclassification Adjustment	0
Advertising Expense	84	68	73
Franchise advertising and other services expense	1,576	1,314	1,368
Accumulated Deficit	$ (8,048)	(7,480)
Period Within Date Of Corresponding Sales In Which Trade Receivables Are Classified As Accounts And Notes Receivable	30 days
Accounts and notes receivable	$ 632	579
Allowance for doubtful accounts	(36)	(45)
Accounts and notes receivable, net	$ 596	534
Number of years notes receivable and direct financing leases are due within and would be included in accounts and notes receivable \| Years	1
Number of years notes receivable and direct financing leases are beyond and would be included in other assets \| Years	1
Net amounts included in Other Assets	$ 68	72
Allowance for doubtful accounts related to notes and direct financing lease receivables	$ 1	$ 5
Number of consecutive years of operating losses used as primary indicator of potential impairment for our semi-annual impairment testing of restaurant assets \| Years	2
Goodwill Written Off Related To Sale Of Business Unit Years From Acquisition \| Years	2
Fair Value Goodwill Written Off Related To Sale Of Business Unit Minimum Years Refranchised \| Years	2
Common Stock, No Par Value \| $ / shares	$ 0	$ 0
Reclassification of Retained Earnings to Common Stock for Share Repurchase	$ 1,549	$ 179	796
Employee stock option and SARs exercises (includes tax impact)	50	41	75
Reduction to Retained earnings
Schedule of Equity Method Investments [Line Items]
Net Income	$ 1,575	904	1,294
Employee stock option and SARs exercises (includes tax impact)			18
Accounting Standards Update 2016-02 [Member]
Schedule of Equity Method Investments [Line Items]
Accumulated Deficit			(2)
Accounting Standards Update 2016-13 [Member]
Schedule of Equity Method Investments [Line Items]
Accumulated Deficit		(8)
Minimum [Member]
Schedule of Equity Method Investments [Line Items]
Continuing Fees Rate	4.00%
Minimum [Member] \| Capitalized software costs
Schedule of Equity Method Investments [Line Items]
Finite-Lived Intangible Asset, Useful Life	3 years
Minimum [Member] \| Buildings and improvements
Schedule of Equity Method Investments [Line Items]
Estimated useful life used in the calculation of the depreciation and amortization on a straight-line basis (in years)	5 years
Minimum [Member] \| Machinery, Equipment and Other
Schedule of Equity Method Investments [Line Items]
Estimated useful life used in the calculation of the depreciation and amortization on a straight-line basis (in years)	3 years
Maximum [Member]
Schedule of Equity Method Investments [Line Items]
Continuing Fees Rate	6.00%
Maximum [Member] \| Capitalized software costs
Schedule of Equity Method Investments [Line Items]
Finite-Lived Intangible Asset, Useful Life	7 years
Maximum [Member] \| Buildings and improvements
Schedule of Equity Method Investments [Line Items]
Estimated useful life used in the calculation of the depreciation and amortization on a straight-line basis (in years)	25 years
Maximum [Member] \| Machinery, Equipment and Other
Schedule of Equity Method Investments [Line Items]
Estimated useful life used in the calculation of the depreciation and amortization on a straight-line basis (in years)	20 years
Advertising Cooperatives [Domain]
Schedule of Equity Method Investments [Line Items]
Advertising Expense	$ 11	10	10
Franchise advertising and other services expense	1,264	1,079	1,133
Franchise and property expenses [Member]
Schedule of Equity Method Investments [Line Items]
Sales Allowances, Services	8	12	24
Franchise advertising and other services expenses [Member] [Member]
Schedule of Equity Method Investments [Line Items]
Sales Allowances, Services	(6)	$ (7)	19
Operating Expense \| Advertising Cooperatives [Domain]
Schedule of Equity Method Investments [Line Items]
Sales Allowances, Services	$ 0
53rd Week Impact [Member]
Schedule of Equity Method Investments [Line Items]
Revenues			66
Operating Profit			24
Net Income			$ 17

Habit Burger Acquisition (Detai

Habit Burger Acquisition (Details) $ in Millions	Sep. 07, 2021USD ($)	Mar. 18, 2020USD ($)restaurants	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2021USD ($)restaurants	Mar. 17, 2021USD ($)	Dec. 31, 2020USD ($)		Dec. 31, 2019USD ($)		Mar. 31, 2021USD ($)
Business Acquisition [Line Items]
Approximate Number Of System Units \| restaurants						53,000
Payments to Acquire Businesses, Net of Cash Acquired		$ 408				$ 0		$ 408		$ 0
Goodwill, Purchase Accounting Adjustments						2	$ 15
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets		11
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		111
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets		96
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets		28
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets		442
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities		(68)
Business Combination, Recognized Identifiable Asset Acquired and Liability Assumed, Lease Obligation		(170)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities		(238)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net		204
Goodwill						657		597	[1]	530	[1]
Impairment and closure expense						19		172		5
Income tax provision						$ 99		116		$ 79
Goodwill impairment tax benefit [Member]
Business Acquisition [Line Items]
Income tax provision			$ 1		$ 32
The Habit Burger Grill [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents		20
Payments to Acquire Businesses, Net of Cash Acquired		408
Goodwill		$ 204										$ (60)
The Habit Burger Grill [Member] \| Franchisee Owned Stores [Member]
Business Acquisition [Line Items]
Approximate Number Of System Units \| restaurants		31
The Habit Burger Grill [Member] \| Company Owned Stores [Member]
Business Acquisition [Line Items]
Approximate Number Of System Units \| restaurants		245
Dragontail Systems Limited
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 3
Payments to Acquire Businesses, Net of Cash Acquired	66
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets	11
Goodwill	$ 57
Lease Agreements [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Assets		$ 196
Goodwill [Member]
Business Acquisition [Line Items]
Impairment and closure expense				$ 5	$ 139			$ 144

[1]	Goodwill, net includes $144 million of accumulated impairment loss recorded in the year ended December 31, 2020, related to our Habit Burger Grill segment and $17 million of accumulated impairment losses for each year presented related to our Pizza Hut segment.

Dragontail Acquisition (Details

Dragontail Acquisition (Details) - USD ($) $ in Millions	Sep. 07, 2021	Mar. 18, 2020	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 408	$ 0	$ 408		$ 0
Goodwill			$ 657	$ 597	[1]	$ 530	[1]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets		$ 96
Dragontail Systems Limited
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 66
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	3
Goodwill	57
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets	$ 11
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years

[1]	Goodwill, net includes $144 million of accumulated impairment loss recorded in the year ended December 31, 2020, related to our Habit Burger Grill segment and $17 million of accumulated impairment losses for each year presented related to our Pizza Hut segment.

Earnings Per Common Share ("E_3

Earnings Per Common Share ("EPS") (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Earnings Per Share [Abstract]
Net Income		$ 1,575	$ 904	$ 1,294
Weighted-average common shares outstanding (for basic calculation) (in shares)		297	302	306
Effect of dilutive share-based employee compensation (in shares)		5	5	7
Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) (in shares)		302	307	313
Basic EPS (in dollars per share)		$ 5.30	$ 2.99	$ 4.23
Diluted EPS (in dollars per share)		$ 5.21	$ 2.94	$ 4.14
Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation (in shares)	[1]	1.1	4.8	2

[1]	These unexercised employee stock options and stock appreciation rights were not included in the computation of diluted EPS because to do so would have been antidilutive for the periods presented.

Items Affecting Comparability_3

Items Affecting Comparability of Net Income and Cash Flows (Details) shares in Millions, $ in Millions		Jun. 01, 2021USD ($)Rate	Dec. 31, 2021USD ($)restaurantsRate	Sep. 30, 2021USD ($)	Jun. 30, 2021USD ($)Rate	Mar. 31, 2021USD ($)Rate	Dec. 31, 2020USD ($)restaurantsRate	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Jun. 09, 2021Rate	Dec. 31, 2020USD ($)restaurantsRate	Jun. 30, 2021	Jun. 30, 2018USD ($)shares	Dec. 31, 2021USD ($)restaurantsRate	Jul. 21, 2020	Dec. 31, 2021USD ($)restaurantsRate	Dec. 31, 2020USD ($)restaurantsRate	Dec. 31, 2019USD ($)restaurants	Dec. 31, 2021USD ($)restaurantsRate
Facility Actions [Line Items]
Proceeds from Divestiture of Businesses, Including Noncash Consideration																$ 85	$ 19	$ 110
Noncash or Part Noncash Divestiture, Amount of Consideration Received	[1]															0	31	6
Refranchising (gain) loss																(35)	(34)	(37)
Charitable Contribution, Authorized Spend																			$ 100
General and administrative expenses																$ 1,060	$ 1,064	917
Equity Method Investment, Ownership Percentage \| Rate			5.00%				5.00%				5.00%			5.00%		5.00%	5.00%		5.00%
Approximate Number Of System Units \| restaurants			53,000											53,000		53,000			53,000
Investment Owned, at Fair Value			$ 118				$ 31				$ 31			$ 118		$ 118	$ 31		$ 118
Investment Income, Nonoperating																87
Debt Related Commitment Fees and Debt Issuance Costs						$ 4
Write off of Deferred Debt Issuance Cost						8
Payments for (Proceeds from) Investments						$ (44)		$ 206								0	(206)	0
Investment (income) expense, net	[2]															86	74	(67)
Deferred income taxes																$ 200	$ 65	$ 232
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent																(3.80%)	(2.50%)	0.00%
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability					$ 64
Number of stores refranchised
Facility Actions [Line Items]
Approximate Number Of System Units \| restaurants							60				60						60
Subsidiary Senior Unsecured Notes [Member] \| Unsecured Debt [Member]
Facility Actions [Line Items]
Write off of Deferred Debt Issuance Cost																$ 6	$ 6
Repayments of Debt, Maturing in More than Three Months		$ 1,050															$ 1,050
Interest rate, stated (in hundredths) \| Rate		5.25%					5.00%				5.00%						5.00%
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed \| Rate		102.625%
Payment for Debt Extinguishment or Debt Prepayment Cost																$ 28	$ 28
Gain (Loss) on Extinguishment of Debt																	(26)
Foreign [Member]
Facility Actions [Line Items]
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent				19.00%	25.00%	19.00%				19.00%	19.00%	17.00%		25.00%	17.00%
Unlocking Opportunity Initiative [Member]
Facility Actions [Line Items]
General and administrative expenses									$ 50
COVID-19 Relief [Member]
Facility Actions [Line Items]
General and administrative expenses							$ 25
Interest Expense [Member] \| Subsidiary Senior Unsecured Notes [Member] \| Unsecured Debt [Member]
Facility Actions [Line Items]
Gain (Loss) on Extinguishment of Debt																	$ (2)
Gain (loss) on disposition of assets [Member]
Facility Actions [Line Items]
Number of Restaurants Refranchised \| restaurants																83	97	25
General and Administrative Expense [Member]
Facility Actions [Line Items]
Costs Associated with Resource Optimization Initiative																$ 7	$ 36
Other pension (income) expense [Member]
Facility Actions [Line Items]
Costs Associated with Resource Optimization Initiative																1	2
Other Operating Income (Expense)
Facility Actions [Line Items]
Costs Associated with Resource Optimization Initiative																2
KFC Global Division [Member]
Facility Actions [Line Items]
Refranchising (gain) loss																(1)	(33)	$ (6)
Pizza Hut Global Division [Member]
Facility Actions [Line Items]
Refranchising (gain) loss																1	1	0
Taco Bell Global Division [Member]
Facility Actions [Line Items]
Refranchising (gain) loss																(29)	(2)	(31)
The Habit Burger Grill Global Division
Facility Actions [Line Items]
Refranchising (gain) loss																(6)	0	0
GrubHub Inc. [Member]
Facility Actions [Line Items]
Investment Owned, Balance, Shares \| shares													2.8
Payments for (Proceeds from) Investments													$ 200
Investment (income) expense, net																	(69)	77
Intra-Entity IP Transfers [Member]
Facility Actions [Line Items]
Deferred income taxes																	3	$ 226
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability			$ 35	$ 152												$ 152	$ (25)

[1]	In 2020 we received as refranchising consideration a minority interest in an entity (Devyani) that operates KFC and Pizza Hut franchised units in India (see Note 5) and in 2019 we received as refranchising consideration a minority interest in an entity that owns our KFC and Pizza Hut master franchisee rights in Brazil.
[2]	Amounts have not been allocated to any segment for performance reporting purposes.

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Millions		12 Months Ended
Revenue Recognition (Details) - USD ($) $ in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues		$ 6,584	$ 5,652	$ 5,597
Contract with Customer, Liability		421	415	441
Deferred Revenue, Revenue Recognized		(74)	(76)
Deferred Revenue, Additions		87	53
1 year [Member]
Deferred Revenue, Revenue Expected to be Recognized		68
2 years [Member]
Deferred Revenue, Revenue Expected to be Recognized		61
3 years [Member]
Deferred Revenue, Revenue Expected to be Recognized		57
4 years [Member]
Deferred Revenue, Revenue Expected to be Recognized		50
5 years [Member]
Deferred Revenue, Revenue Expected to be Recognized		44
Thereafter 5 years [Member]
Deferred Revenue, Revenue Expected to be Recognized		141
Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		2,106	1,810	1,546
Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		1,578	1,332	1,391
United States \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		1,550	1,309	1,014
United States \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		1,142	1,050	1,059
United States \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		891	818	811
United States \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		63	65	70
CHINA \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		297	255	274
Other, Outside the U.S. and China [Member] \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		556	501	532
Other, Outside the U.S. and China [Member] \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		1,335	1,080	1,185
Other, Outside the U.S. and China [Member] \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		687	514	580
Other, Outside the U.S. and China [Member] \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		63	60	72
KFC Global Division [Member]
Revenues	[1]	2,793	2,272	2,491
KFC Global Division [Member] \| United States \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		65	60	74
KFC Global Division [Member] \| United States \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		198	184	175
KFC Global Division [Member] \| United States \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		28	18	10
KFC Global Division [Member] \| United States \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		14	16	20
KFC Global Division [Member] \| CHINA \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		235	204	214
KFC Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		531	446	497
KFC Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		1,049	833	912
KFC Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		612	453	520
KFC Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		61	58	69
Pizza Hut Global Division [Member]
Revenues	[1]	1,028	1,002	1,027
Pizza Hut Global Division [Member] \| United States \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		21	21	21
Pizza Hut Global Division [Member] \| United States \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		279	272	282
Pizza Hut Global Division [Member] \| United States \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		317	317	318
Pizza Hut Global Division [Member] \| United States \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		5	5	6
Pizza Hut Global Division [Member] \| CHINA \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		62	51	60
Pizza Hut Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		25	55	33
Pizza Hut Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		249	222	246
Pizza Hut Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		68	57	58
Pizza Hut Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		2	2	3
Taco Bell Global Division [Member]
Revenues	[1]	2,238	2,031	2,079
Taco Bell Global Division [Member] \| United States \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		944	882	919
Taco Bell Global Division [Member] \| United States \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		661	593	602
Taco Bell Global Division [Member] \| United States \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		545	483	483
Taco Bell Global Division [Member] \| United States \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		44	44	44
Taco Bell Global Division [Member] \| CHINA \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		0	0	0
Taco Bell Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		0	0	2
Taco Bell Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		37	25	27
Taco Bell Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		7	4	2
Taco Bell Global Division [Member] \| Other, Outside the U.S. and China [Member] \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		0	0	0
The Habit Burger Grill Global Division
Revenues		525	347	$ 0
The Habit Burger Grill Global Division \| United States \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		520	346
The Habit Burger Grill Global Division \| United States \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		4	1
The Habit Burger Grill Global Division \| United States \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		1	0
The Habit Burger Grill Global Division \| United States \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		0	0
The Habit Burger Grill Global Division \| CHINA \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		0	0
The Habit Burger Grill Global Division \| Other, Outside the U.S. and China [Member] \| Company Sales
Revenue from Contract with Customer, Excluding Assessed Tax		0	0
The Habit Burger Grill Global Division \| Other, Outside the U.S. and China [Member] \| Franchise [Member]
Revenue from Contract with Customer, Excluding Assessed Tax		0	0
The Habit Burger Grill Global Division \| Other, Outside the U.S. and China [Member] \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax			0
The Habit Burger Grill Global Division \| Other, Outside the U.S. and China [Member] \| Real Estate
Revenue from Contract with Customer, Excluding Assessed Tax		0	0
Other, Outside the U.S. and China [Member] \| Other, Outside the U.S. and China [Member] \| Franchise contributions for advertising and other services
Revenue from Contract with Customer, Excluding Assessed Tax		0
Foreign Currency Gain (Loss) and Refranchising Gain (Loss) [Member]
Deferred Revenue, Period Increase (Decrease)	[2]	$ (7)	$ (3)

[1]	U.S. revenues included in the combined KFC, Taco Bell, Pizza Hut and Habit Burger Grill Divisions totaled $3.6 billion in 2021, $3.2 billion in 2020 and $3.0 billion in 2019.
[2]	(a) Includes impact of foreign currency translation, as well as, in 2021, the recognition of deferred franchise fees into Refranchising (gain) loss upon the modification of existing franchise agreements when entering into master franchise agreements.

Supplemental Cash Flow Data (De

Supplemental Cash Flow Data (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash Paid For:
Interest Paid, Excluding Capitalized Interest, Operating Activities	[1]	$ 474	$ 480	$ 497
Income taxes		308	328	283
Noncash or Part Noncash Divestiture, Amount of Consideration Received	[2]	0	31	6
Cash and Cash Equivalents, at Carrying Value		486	730	605
Restricted Cash and Cash Equivalents, Current		250	258
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		771	1,024	768	$ 474
Subsidiary Senior Unsecured Notes [Member] \| Unsecured Debt [Member]
Cash Paid For:
Payment for Debt Extinguishment or Debt Prepayment Cost		28	28
Prepaid Expenses and Other Current Assets [Member]
Cash Paid For:
Restricted Cash and Cash Equivalents, Current	[3]	250	258	138
Other Assets [Member]
Cash Paid For:
Restricted Cash and Cash Equivalents, Noncurrent	[4]	$ 35	$ 36	$ 25

[1]	Amounts exclude payments of $28 million in both 2021 and 2020 classified as Interest expense in our Consolidated Statements of Income which are included in Repayments of long-term debt within financing activities in our Consolidated Statements of Cash Flows (see Note 11).
[2]	In 2020 we received as refranchising consideration a minority interest in an entity (Devyani) that operates KFC and Pizza Hut franchised units in India (see Note 5) and in 2019 we received as refranchising consideration a minority interest in an entity that owns our KFC and Pizza Hut master franchisee rights in Brazil.
[3]	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 (see Note 11).
[4]	Primarily trust accounts related to our self-insurance programs.

Other (Income) Expense (Details

Other (Income) Expense (Details) - USD ($) $ in Millions		3 Months Ended		12 Months Ended
Other (Income) Expense (Details) - USD ($) $ in Millions		Sep. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Other Income and Expenses [Line Items]
Foreign currency transaction (gain) loss and other (income) expense, before tax	[1]			$ (14)	$ (18)	$ (1)
Impairment and closure expense				19	172	5
Other (income) expense				2	154	4
Other Income and Expenses [Domain]
Other Income and Expenses [Line Items]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability						8
Other Operating Income (Expense)
Other Income and Expenses [Line Items]
Impairment and closure expense	[2]			16	172	$ 5
Costs Associated with Resource Optimization Initiative				$ 2
Finite-Lived Intangible Assets [Member]
Other Income and Expenses [Line Items]
Impairment and closure expense					11
Property, Plant and Equipment [Member]
Other Income and Expenses [Line Items]
Impairment and closure expense					12
Goodwill [Member]
Other Income and Expenses [Line Items]
Impairment and closure expense		$ 5	$ 139		$ 144

[1]	The year ended December 31, 2019, includes a charge of $8 million for the settlement of contingent consideration associated with our 2013 acquisition of the KFC Turkey and Pizza Hut Turkey businesses.
[2]	The year ended December 31, 2020, includes a charge of $144 million related to the impairment of Habit Burger Grill goodwill (see Note 3). The year ended December 31, 2020, also includes charges of $12 million related to the impairment of restaurant-level assets and charges of $11 million related to the write-off of software no longer being used.

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Prepaid Expenses and Other Current Assets [Line Items]
Income tax receivable		$ 50	$ 35
Restricted Cash and Cash Equivalents, Current		250	258
Assets held for sale	[1]	12	7
Prepaid Expense and Other Assets, Current		450	425
Property, Plant and Equipment [Line Items]
Property, Plant and equipment, gross		2,477	2,465
Accumulated depreciation and amortization		(1,270)	(1,230)
Property, Plant and equipment, net		1,207	1,235
Depreciation and amortization		134	132	$ 114
Other Assets, Noncurrent [Line Items]
Other assets		1,487	1,435
Other Assets, Miscellaneous, Noncurrent		$ 396	$ 390
Accounts Payable and Other Current Liabilities [Line Items]
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]		Accounts payable and other current liabilities	Accounts payable and other current liabilities
Accounts payable and other current liabilities		$ 1,334	$ 1,189
Franchise Incentive [Member]
Other Assets, Noncurrent [Line Items]
Other assets		164	163
Land
Property, Plant and Equipment [Line Items]
Property, Plant and equipment, gross		412	428
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, Plant and equipment, gross		1,403	1,423
Finance leases, primarily buildings
Property, Plant and Equipment [Line Items]
Property, Plant and equipment, gross		67	71
Machinery, Equipment and Other
Property, Plant and Equipment [Line Items]
Property, Plant and equipment, gross		595	543
Devyani \| Fair Value, Inputs, Level 1 [Member] \| Fair Value, Recurring [Member]
Other Assets, Noncurrent [Line Items]
Equity Securities, FV-NI		118	31
Other Assets [Member]
Other Assets, Noncurrent [Line Items]
Operating Lease, Right-of-Use Asset		809	851
Prepaid Expenses and Other Current Assets [Member]
Prepaid Expenses and Other Current Assets [Line Items]
Restricted Cash and Cash Equivalents, Current	[2]	250	258	$ 138
Prepaid expenses and other current assets		138	125
Accounts Payable and Accrued Liabilities [Member]
Accounts Payable and Other Current Liabilities [Line Items]
Accounts payable		227	215
Accrued compensation and benefits		292	225
Accrued Advertising, Current		229	196
Accrued taxes, other than income taxes		78	73
Other current liabilities		$ 420	$ 383

[1]	Assets held for sale reflect the carrying value of restaurants we have offered for sale to franchisees and excess properties that we do not intend to use for restaurant operations in the future.
[2]	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 (see Note 11).

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020		Sep. 07, 2021	Dec. 31, 2019	[1]
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill	$ 657	$ 597	[1]		$ 530
Disposals and other, net	(7)	5	[2]
Goodwill Acquired and Impaired During Period		62
Series of Individually Immaterial Business Acquisitions
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, Acquired During Period	10
Dragontail Systems Limited
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill				$ 57
Goodwill, Acquired During Period	57
KFC Global Division [Member]
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill	232	235	[1]		233
Disposals and other, net	(3)	2	[2]
Goodwill Acquired and Impaired During Period		0
KFC Global Division [Member] \| Series of Individually Immaterial Business Acquisitions
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, Acquired During Period	0
KFC Global Division [Member] \| Dragontail Systems Limited
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, Acquired During Period	0
Taco Bell Global Division [Member]
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill	98	98	[1]		98
Disposals and other, net	0	0	[2]
Goodwill Acquired and Impaired During Period		0
Taco Bell Global Division [Member] \| Series of Individually Immaterial Business Acquisitions
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, Acquired During Period	0
Taco Bell Global Division [Member] \| Dragontail Systems Limited
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, Acquired During Period	0
Pizza Hut Global Division [Member]
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill	257	202	[1]		199
Disposals and other, net	(2)	3	[2]
Goodwill Acquired and Impaired During Period		0
Goodwill, Impaired, Accumulated Impairment Loss	17
Pizza Hut Global Division [Member] \| Series of Individually Immaterial Business Acquisitions
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, Acquired During Period	0
Pizza Hut Global Division [Member] \| Dragontail Systems Limited
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, Acquired During Period	57
The Habit Burger Grill Global Division
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill	70	62	[1]		$ 0
Disposals and other, net	(2)	0	[2]
Goodwill Acquired and Impaired During Period		$ 62
Goodwill, Impaired, Accumulated Impairment Loss	144
The Habit Burger Grill Global Division \| Series of Individually Immaterial Business Acquisitions
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, Acquired During Period	10
The Habit Burger Grill Global Division \| Dragontail Systems Limited
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, Acquired During Period	$ 0

[1]	Goodwill, net includes $144 million of accumulated impairment loss recorded in the year ended December 31, 2020, related to our Habit Burger Grill segment and $17 million of accumulated impairment losses for each year presented related to our Pizza Hut segment.
[2]	Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising.

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Details 2) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Definite-lived intangible assets
Gross Carrying Amount	$ 603	$ 527
Accumulated Amortization	(371)	(311)
Definite-lived intangible assets, amortization expense	76	63	$ 52
Approximate amortization expense for definite-lived intangible assets - 2022	82
Approximate amortization expense for definite-lived intangible assets - 2023	60
Approximate amortization expense for definite-lived intangible assets - 2024	46
Approximate amortization expense for definite-lived intangible assets - 2025	21
Approximate amortization expense for definite-lived intangible assets - 2026	11
Trademarks/brands [Member]
Indefinite-lived intangible assets
Gross Carrying Amount	127	127
Capitalized software costs
Definite-lived intangible assets
Gross Carrying Amount	409	335
Accumulated Amortization	(214)	(160)
Reacquired franchise rights [Member]
Definite-lived intangible assets
Gross Carrying Amount	41	39
Accumulated Amortization	(33)	(33)
Franchise contract rights [Member]
Definite-lived intangible assets
Gross Carrying Amount	100	100
Accumulated Amortization	(88)	(85)
Other [Member]
Definite-lived intangible assets
Gross Carrying Amount	53	53
Accumulated Amortization	(36)	(33)
KFC Global Division [Member] \| Trademarks/brands [Member]
Indefinite-lived intangible assets
Gross Carrying Amount	31	31
The Habit Burger Grill Global Division \| Trademarks/brands [Member]
Indefinite-lived intangible assets
Gross Carrying Amount	$ 96	$ 96

Short-term Borrowings and Lon_3

Short-term Borrowings and Long-term Debt (Details) - USD ($) $ in Millions		Aug. 19, 2021	Aug. 02, 2021	Jun. 01, 2021	Apr. 01, 2021	Mar. 15, 2021	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Long-term Debt and Lease Obligation, Current								$ (75)	$ (75)	$ (75)	$ (463)
Debt Issuance Costs, Current, Net								(7)	(7)	(7)	(10)
Total Short-term Borrowings								$ 68	$ 68	$ 68	$ 453
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]								Other Liabilities	Other Liabilities	Other Liabilities	Other Liabilities
Long-term debt and capital less obligations, excluding current maturities and debt issuance costs								$ 11,339	$ 11,339	$ 11,339	$ 10,813
Debt Issuance Costs, Noncurrent, Net								(86)	(86)	(86)	(78)
Long-term debt including hedge accounting adjustment								11,178	11,178	11,178	10,272
Restricted Cash and Cash Equivalents, Current								250	250	250	258
Payments of Debt Issuance Costs										37	20	$ 10
Debt Related Commitment Fees and Debt Issuance Costs							$ 4
Write off of Deferred Debt Issuance Cost							$ 8
Amount of Basis Points Term Loan A And Revolving Facility Interest Rate Reduced By Due To Refinancing							0.25%
Repayments of Debt			$ 350
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net								93	93	93
Revolving credit facilities, three months or less, net										0
Annual maturities of all Short-term borrowings and Long-term debt - 2022								68	68	68
Annual maturities of all Short-term borrowings and Long-term debt - 2023								398	398	398
Annual maturities of all Short-term borrowings and Long-term debt - 2024								87	87	87
Annual maturities of all Short-term borrowings and Long-term debt - 2025								692	692	692
Annual maturities of all Short-term borrowings and Long-term debt - 2026								1,606	1,606	1,606
Annual maturities of all Short-term borrowings and Long-term debt - After 2026								8,424	8,424	8,424
Annual maturities of all Short-term borrowings and Long-term debt - Total								11,275	11,275	11,275
Interest expense on short-term borrowings and long-term debt										551	558	519
Paid to Lender
Debt Instrument [Line Items]
Payments of Debt Issuance Costs										3
Term Loan A Facility [Member]
Debt Instrument [Line Items]
Long-term Debt						$ 750		750	750	$ 750
Issuance date										Mar. 15, 2021
Maturity date										Mar. 15, 2026
Term Loan A Facility [Member] \| June2022
Debt Instrument [Line Items]
Long-term Debt						431
Term Loan B Facility [Member]
Debt Instrument [Line Items]
Long-term Debt						1,500		1,489	1,489	$ 1,489
Issuance date										Mar. 15, 2021
Maturity date										Mar. 15, 2026
Term Loan B Facility [Member] \| April2025
Debt Instrument [Line Items]
Long-term Debt						1,900
Revolving Facility [Member]
Debt Instrument [Line Items]
Revolving credit facilities, three months or less, net						1,250
Revolving Facility [Member] \| June2022
Debt Instrument [Line Items]
Revolving credit facilities, three months or less, net						$ 1,000
Subsidiary Senior Unsecured Notes due 2027 [Member]
Debt Instrument [Line Items]
Long-term Debt								$ 750	$ 750	$ 750
Issuance date										Jun. 15, 2017
Maturity date										Jun. 1, 2027
Interest rate, stated (in hundredths)								4.75%	4.75%	4.75%
Class A-2 Notes [Member]
Debt Instrument [Line Items]
Payments of Debt Issuance Costs										$ 19
Senior Unsecured Notes Due November 2037 [Member]
Debt Instrument [Line Items]
Issuance date										Oct. 16, 2007
Maturity date										Nov. 15, 2037
Interest rate, stated (in hundredths)								6.88%	6.88%	6.88%
Interest rate, effective (in hundredths)								7.45%	7.45%	7.45%
Debt Instrument, Face Amount								$ 325	$ 325	$ 325
Senior Unsecured Notes Due November 2023 [Member]
Debt Instrument [Line Items]
Issuance date										Oct. 31, 2013
Maturity date										Nov. 1, 2023
Interest rate, stated (in hundredths)								3.88%	3.88%	3.88%
Interest rate, effective (in hundredths)								4.01%	4.01%	4.01%
Debt Instrument, Face Amount								$ 325	$ 325	$ 325
Senior Unsecured Notes Due November 2043 [Member]
Debt Instrument [Line Items]
Issuance date										Oct. 31, 2013
Maturity date										Nov. 1, 2043
Interest rate, stated (in hundredths)								5.35%	5.35%	5.35%
Interest rate, effective (in hundredths)								5.42%	5.42%	5.42%
Debt Instrument, Face Amount								$ 275	$ 275	$ 275
Senior Unsecured Notes Due January 2030 [Member]
Debt Instrument [Line Items]
Issuance date										Sep. 11, 2019
Maturity date										Jan. 15, 2030
Interest rate, stated (in hundredths)								4.75%	4.75%	4.75%
Interest rate, effective (in hundredths)								4.90%	4.90%	4.90%
Debt Instrument, Face Amount								$ 800	$ 800	$ 800
Senior Unsecured Notes Due April 2025
Debt Instrument [Line Items]
Issuance date										Apr. 1, 2020
Maturity date										Apr. 1, 2025
Interest rate, stated (in hundredths)								7.75%	7.75%	7.75%
Interest rate, effective (in hundredths)								8.05%	8.05%	8.05%
Debt Instrument, Face Amount								$ 600	$ 600	$ 600
Senior Unsecured Notes Due March 2031
Debt Instrument [Line Items]
Issuance date										Sep. 25, 2020
Maturity date										Mar. 15, 2031
Interest rate, stated (in hundredths)								3.63%	3.63%	3.63%
Interest rate, effective (in hundredths)								3.77%	3.77%	3.77%
Debt Instrument, Face Amount								$ 1,050	$ 1,050	$ 1,050
Unsecured Notes Due January 2032
Debt Instrument [Line Items]
Issuance date										Apr. 1, 2021
Maturity date										Jan. 31, 2032
Interest rate, stated (in hundredths)								4.63%	4.63%	4.63%
Interest rate, effective (in hundredths)								4.77%	4.77%	4.77%
Debt Instrument, Face Amount								$ 1,100	$ 1,100	$ 1,100
Debt Issuance Costs, Gross								13	13	13
Secured Debt [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Gross								8	8	8
Secured Debt [Member] \| Class A-2-II Notes [Member] \| 2021
Debt Instrument [Line Items]
Long-term Debt		$ 600						$ 600	$ 600	$ 600
Issuance date		Aug. 19, 2021
Maturity date	[1]							Feb. 25, 2029
Interest rate, stated (in hundredths)		2.294%						2.294%	2.294%	2.294%
Interest rate, effective (in hundredths)	[2]							2.42%	2.42%	2.42%
Secured Debt [Member] \| Class A-2-II Notes [Member] \| 2016 [Member]
Debt Instrument [Line Items]
Long-term Debt		$ 480
Secured Debt [Member] \| Class A-2-II Notes [Member] \| 2018 [Member]
Debt Instrument [Line Items]
Long-term Debt								$ 606	$ 606	$ 606
Issuance date										Nov. 28, 2018
Maturity date	[1]									Nov. 28, 2028
Interest rate, stated (in hundredths)								4.94%	4.94%	4.94%
Interest rate, effective (in hundredths)	[2]							5.06%	5.06%	5.06%
Secured Debt [Member] \| Term Loan A Facility [Member]
Debt Instrument [Line Items]
Long-term Debt	[3]							$ 750	$ 750	$ 750	431
Interest rate, effective (in hundredths)	[4]							0.96%	0.96%	0.96%
Term Loan A Facility, Repayments of Principal in Year Four										1.25%
Term Loan A Facility Repayments Of Principal In Year Two And Three									0.625%
Secured Debt [Member] \| Term Loan B Facility [Member]
Debt Instrument [Line Items]
Long-term Debt	[3]							$ 1,489	$ 1,489	$ 1,489	1,916
Interest rate, effective (in hundredths)	[4]							4.99%	4.99%	4.99%
Frequency of interest payments										quarterly
Term Loan B, Repayment of Principal										0.25%
Secured Debt [Member] \| Revolving Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity								$ 1,250	$ 1,250	$ 1,250
Secured Debt [Member] \| the Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Payment Terms										The Credit Agreement is subject to certain mandatory prepayments, including an amount equal to 50% of excess cash flow (as defined in the Credit Agreement) on an annual basis and the proceeds of certain asset sales, casualty events and issuances of indebtedness, subject to customary exceptions and reinvestment rights
Debt Instrument, Covenant Compliance										We were in compliance with all debt covenants as of December 31, 2021
Secured Debt [Member] \| Class A-2-I Notes [Member] \| 2021
Debt Instrument [Line Items]
Long-term Debt		$ 900						$ 900	$ 900	$ 900
Issuance date		Aug. 19, 2021
Maturity date	[1]							Feb. 25, 2027
Interest rate, stated (in hundredths)		1.946%						1.946%	1.946%	1.946%
Interest rate, effective (in hundredths)	[2]							2.11%	2.11%	2.11%
Secured Debt [Member] \| Class A-2-I Notes [Member] \| 2018 [Member]
Debt Instrument [Line Items]
Long-term Debt		$ 804
Secured Debt [Member] \| Class A-2-III Notes [Member] \| 2021
Debt Instrument [Line Items]
Long-term Debt		$ 750						$ 750	$ 750	$ 750
Issuance date		Aug. 19, 2021
Maturity date	[1]							Aug. 25, 2031
Interest rate, stated (in hundredths)		2.542%						2.542%	2.542%	2.542%
Interest rate, effective (in hundredths)	[2]							2.64%	2.64%	2.64%
Secured Debt [Member] \| Class A-2-III Notes [Member] \| 2016 [Member]
Debt Instrument [Line Items]
Long-term Debt								$ 955	$ 955	$ 955
Issuance date										May 11, 2016
Maturity date	[1]									May 25, 2026
Interest rate, stated (in hundredths)								4.97%	4.97%	4.97%
Interest rate, effective (in hundredths)	[2]							5.14%	5.14%	5.14%
Secured Debt [Member] \| Securitization Notes [Member]
Debt Instrument [Line Items]
Senior Notes, Noncurrent	[5]							$ 3,811	$ 3,811	$ 3,811	2,869
Frequency of interest payments										quarterly
Debt Instrument, Payment Terms										no amortization of principal of the Securitization Notes is required prior to their anticipated repayment dates
Long-term Debt, Contingent Payment of Principal or Interest										as of any quarterly measurement date the consolidated leverage ratio (the ratio of total debt to Net Cash Flow (as defined in the related indenture)) for the preceding four fiscal quarters of either the Company and its subsidiaries or the Issuer and its subsidiaries exceeds 5.0:1, in which case amortization payments of 1% per year of the outstanding principal as of the closing of the Securitization Notes are required. As of the most recent quarterly measurement date the consolidated leverage ratio for both the Company and its subsidiaries as well as the Issuer and its subsidiaries exceeded 5.0:1 and, as a result, amortization payments are required.
Debt Instrument, Debt Default, Description of Violation or Event of Default										The Securitization Notes are also subject to certain customary events of default, including events relating to non-payment of required interest or principal due on the Securitization Notes, failure to comply with covenants within certain time frames, certain bankruptcy events, breaches of specified representations and warranties, failure of security interests to be effective, certain judgments and failure of the Securitization Entities to maintain a stated debt service coverage ratio
Debt Instrument, Covenant Compliance										As of December 31, 2021, we were in compliance with all of our debt covenant requirements and were not subject to any rapid amortization events
Secured Debt [Member] \| Class A-2 Notes [Member]
Debt Instrument [Line Items]
Write off of Deferred Debt Issuance Cost										$ 5
Secured Debt [Member] \| Class A-2 Notes [Member] \| 2021
Debt Instrument [Line Items]
Long-term Debt, Maturity Date								Aug. 1, 2051	Aug. 1, 2051	Aug. 1, 2051
Secured Debt [Member] \| Class A-2 Notes [Member] \| 2016 [Member]
Debt Instrument [Line Items]
Maturity date										May 1, 2046
Secured Debt [Member] \| Class A-2 Notes [Member] \| 2018 [Member]
Debt Instrument [Line Items]
Maturity date										Nov. 1, 2048
Senior Unsecured Notes [Member] \| Subsidiary Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Senior Notes, Noncurrent	[3]							$ 750	$ 750	$ 750	$ 1,800
Interest rate, stated (in hundredths)				5.25%							5.00%
Repayments of Debt, Maturing in More than Three Months				$ 1,050							$ 1,050
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed				102.625%
Write off of Deferred Debt Issuance Cost										6	6
Payment for Debt Extinguishment or Debt Prepayment Cost										$ 28	28
Debt Instrument, Covenant Compliance										We were in compliance with all debt covenants as of December 31, 2021
Senior Unsecured Notes [Member] \| Subsidiary Senior Unsecured Notes due 2027 [Member]
Debt Instrument [Line Items]
Interest rate, effective (in hundredths)	[4]							4.90%	4.90%	4.90%
Senior Unsecured Notes [Member] \| YUM Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Senior Notes, Noncurrent	[3]							$ 4,475	$ 4,475	$ 4,475	3,725
Debt Instrument, Debt Default, Description of Violation or Event of Default										Our YUM Senior Unsecured Notes contain covenants and events of default that are customary for debt securities of this type, including cross-default provisions whereby the acceleration of the maturity of any of our indebtedness in a principal amount in excess of $50 million ($100 million or more in the case of the YUM Senior Unsecured Notes issued in 2019 and subsequent years) will constitute a default under the YUM Senior Unsecured Notes unless such indebtedness is discharged, or the acceleration of the maturity of that indebtedness is annulled, within 30 days after notice
Senior Unsecured Notes [Member] \| Unsecured Notes Due January 2032
Debt Instrument [Line Items]
Interest rate, stated (in hundredths)								4.625%	4.625%	4.625%
Proceeds from Issuance of Debt					$ 1,100
Senior Unsecured Notes [Member] \| Senior Unsecured Notes Due November 2021 [Member]
Debt Instrument [Line Items]
Interest rate, stated (in hundredths)								3.75%	3.75%	3.75%
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed			100.00%
London Interbank Offered Rate (LIBOR) [Member] \| Secured Debt [Member] \| Term Loan A and B Facilities and Revolving Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate										0.75%
London Interbank Offered Rate (LIBOR) [Member] \| Secured Debt [Member] \| Term Loan B Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate										1.75%
Base Rate [Member] \| Secured Debt [Member] \| Term Loan A and B Facilities and Revolving Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate										0.00%
Base Rate [Member] \| Secured Debt [Member] \| Term Loan B Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate										0.75%
Minimum [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Secured Debt [Member] \| Term Loan A Facility and Revolving Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate										0.75%
Minimum [Member] \| Base Rate [Member] \| Secured Debt [Member] \| Term Loan A Facility and Revolving Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate										0.00%
Maximum [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Secured Debt [Member] \| Term Loan A Facility and Revolving Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate										1.50%
Maximum [Member] \| Base Rate [Member] \| Secured Debt [Member] \| Term Loan A Facility and Revolving Facility [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate										0.50%
Debt Service Coverage Ratio - Rapid Amortization Events [Member] \| Secured Debt [Member] \| Securitization Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant Description										debt service coverage ratio (as defined in the related indenture) of at least 1.1:1
Debt Service Coverage Ratio - Cash Trap Reserve Account [Member] \| Secured Debt [Member] \| Securitization Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant Description										debt service coverage ratio (or the ratio of Net Cash Flow to all debt service payments for the preceding four fiscal quarters) of at least 1.75:1
Debt Instrument, Covenant Compliance										During the most recent quarter ended December 31, 2021, the Securitization Entities maintained a debt service coverage ratio significantly in excess of the 1.75:1 requirement
Total Leverage Ratio [Member] \| Secured Debt [Member] \| the Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant Description										require the Borrowers to maintain a total leverage ratio (defined as the ratio of Consolidated Total Debt to Consolidated EBITDA (as these terms are defined in the Credit Agreement)) of 5.0:1 or less
Fixed Charge Coverage Ratio [Member] \| Secured Debt [Member] \| the Credit Agreement [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant Description										fixed charge coverage ratio (defined as the ratio of EBITDA minus capital expenditures to fixed charges (inclusive of rental expense and scheduled amortization)) of at least 1.5:1
Prepaid Expenses and Other Current Assets [Member]
Debt Instrument [Line Items]
Restricted Cash and Cash Equivalents, Current	[6]							$ 250	$ 250	$ 250	$ 258	$ 138
Prepaid Expenses and Other Current Assets [Member] \| Securitization Notes [Member]
Debt Instrument [Line Items]
Restricted Cash and Cash Equivalents, Current								84	84	84
Letter of Credit [Member] \| Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 2.1	$ 2.1	$ 2.1

[1]	The legal final maturity dates of the Securitization Notes issued in 2016, 2018 and 2021 are May 2046, November 2048 and August 2051, respectively. If the Issuer has not repaid or refinanced a series of Securitization Notes prior to its respective Anticipated Repayment Dates, rapid amortization of principal on all Securitization Notes will occur and additional interest will accrue on the Securitization Notes.
[2]	Includes the effects of the amortization of any discount and debt issuance costs.
[3]	We estimated the fair value of the YUM and Subsidiary Senior Unsecured Notes, Term Loan A Facility, and Term Loan B Facility using market quotes and calculations based on market rates.
[4]	Includes the effects of the amortization of any discount and debt issuance costs as well as the impact of the interest rate swaps on the Term Loan A and Term Loan B Facilities (see Note 13). The effective rates related to our Term Loan A and B Facilities are based on LIBOR-based interest rates through December 31, 2021.
[5]	We estimated the fair value of the Securitization Notes using market quotes and calculations. The markets in which the Securitization Notes trade are not considered active markets.
[6]	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 (see Note 11).

Leases (Details)

Leases (Details) - USD ($) $ in Millions		12 Months Ended
Leases (Details) - USD ($) $ in Millions		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Mar. 18, 2020
Operating Lease, Cost		$ 145	$ 137	$ 115
Finance Lease, Right-of-Use Asset, Amortization		5	5	3
Finance Lease, Interest Expense		4	3	3
Finance Lease Cost		9	8	6
Sublease Income		(59)	(60)	(69)
Operating Lease, Payments		140	133	104
Finance Lease, Interest Payment on Liability		4	3	3
Finance Lease, Principal Payments		4	5	4
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability		119	296	79
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability		5	4	14
Operating lease liabilities transferred through refranchising		(25)	(3)	(25)
Capital lease and other debt obligations transferred through refranchising		(2)	(1)	$ (1)
Lease Right of Use Asset	[1]	$ 846	$ 891
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]		Accounts payable and other current liabilities	Accounts payable and other current liabilities
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]		Debt, Current	Debt, Current
Operating Lease, Liability, Noncurrent		Other Liabilities, Noncurrent	Other Liabilities, Noncurrent
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]		Long-term debt	Long-term debt
Total Lease Liability	[1]	$ 945	$ 992
Operating Lease, Weighted Average Remaining Lease Term		10 years 10 months 24 days	11 years 1 month 6 days
Finance Lease, Weighted Average Remaining Lease Term		12 years 1 month 6 days	12 years 2 months 12 days
Operating Lease, Weighted Average Discount Rate, Percent		4.90%	5.10%
Finance Lease, Weighted Average Discount Rate, Percent		6.40%	6.50%
Finance Lease, Liability		$ 64
Operating Leases, Future Minimum Payments Receivable		933
Finance Lease, Liability, Undiscounted Excess Amount		(25)
Lessee, Operating Lease, Liability, Undiscounted Excess Amount		(282)
Sales-type and Direct Financing Leases, Lease Receivable, Undiscounted Excess Amount		(14)
Capital Leases, Net Investment in Direct Financing Leases, Minimum Payments to be Received		24
YUM_LesseeOperatingLeaseLeaseNotYetCommencedAssumptionAndJudgmentValueOfUnderlyingLiabilityAmount		$ 125
Lessee, Operating Lease, Term of Contract		20 years
Capital leases, future minimum commitments [Abstract]
2022		$ 10
2023		9
2024		8
2025		7
2026		7
Thereafter		48
Capital leases, total future minimum commitments		89
Operating leases, future minimum commitments [Abstract]
2022		131
2023		128
2024		119
2025		109
2026		101
Thereafter		575
Operating leases, total future minimum commitments		1,163
Direct Financing Lease, Lease Receivable		4
Sales-type and Direct Financing Leases, Lease Receivable, Lease Payments to be Received, Rolling Year Two		3
Sales-Type and Direct Financing Leases, Lease Receivable, to be Received, Year Three		3
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Four Years		3
Sales-type and Direct Financing Leases, Lease Receivable, Payments to be Received, Five Years		2
Sales-type and Direct Financing Leases, Lease Receivable, Lease Payments to be Received, after Rolling Year Five		23
Sales-type and Direct Financing Leases, Lease Receivable, Lease Payments to be Received, after Rolling Year Five		38
Lessor, Operating Lease, Payments to be Received, Next Twelve Months		84
Operating Leases, Future Minimum Payments Receivable, in Two Years		81
Lessor, Operating Lease, Payments to be Received, Three Years		78
Lessor, Operating Lease, Payments to be Received, Four Years		68
Lessor, Operating Lease, Payments to be Received, Five Years		72
Lessor, Operating Lease, Payments to be Received, Thereafter		550
Lease Agreements [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Assets					$ 196
Other Liabilities [Member]
Operating Lease, Liability		881
Other Assets [Member]
Operating Lease, Right-of-Use Asset		809	$ 851
Property, Plant and Equipment [Member]
Finance Lease, Right-of-Use Asset		37	40
United States
Operating Lease, Right-of-Use Asset		516	499
Operating Lease, Liability		$ 577	$ 556

[1]	(a) U.S. operating lease right-of-use assets and liabilities totaled $516 million and $577 million, respectively, as of December 31, 2021, and $499 million and $556 million, respectively, as of December 31, 2020. These amounts primarily related to Taco Bell U.S. and the Habit Burger Grill including leases related to Company-operated restaurants, leases related to franchise-operated restaurants we sublease and the Taco Bell restaurant support center.

Derivative Instruments (Details

Derivative Instruments (Details) - USD ($) $ in Millions	12 Months Ended
Derivative Instruments (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Cash Flow Hedging [Member]
Derivative, Notional Amount	$ 0
Cash Flow Hedging [Member] \| Interest Rate Swap [Member]
Derivative, Notional Amount	$ 1,550
Derivative, Maturity Date	Jul. 27, 2021
Cash Flow Hedging [Member] \| Forward-starting interest rate swap [Member]
Derivative, Notional Amount	$ 1,500
Derivative, Maturity Date	Mar. 1, 2025
Cash Flow Hedging [Member] \| Foreign Exchange Contract [Member]
Derivative, Notional Amount	$ 28	$ 39
July 2021 through March 2025 [Member] \| Fixed Income Interest Rate [Member] \| Designated as Hedging Instrument [Member] \| Interest Rate Swap [Member] \| Term Loan A Facility [Member]
Derivative, Forward Interest Rate	3.81%
July 2021 through March 2025 [Member] \| Fixed Income Interest Rate [Member] \| Designated as Hedging Instrument [Member] \| Interest Rate Swap [Member] \| Term Loan B Facility [Member]
Derivative, Forward Interest Rate	4.81%

Derivative Instruments (Detai_2

Derivative Instruments (Details 2) - USD ($) $ in Millions	12 Months Ended
Derivative Instruments (Details 2) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	$ 34	$ (99)	$ (51)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(28)	(6)	25
Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax	(9)	24	16
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	5	1	(4)
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	(38)
Interest Rate Swap [Member] \| Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	34	(103)	(71)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	29	10	(17)
Foreign Exchange Contract [Member] \| Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	0	4	20
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (1)	$ (4)	$ (8)

Fair Value Disclosures (Details

Fair Value Disclosures (Details) - USD ($) $ in Millions		3 Months Ended		12 Months Ended
Fair Value Disclosures (Details) - USD ($) $ in Millions		Mar. 31, 2021	Sep. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Mar. 15, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity Method Investment, Ownership Percentage				5.00%	5.00%
Investment Owned, at Fair Value				$ 118	$ 31
Payments for (Proceeds from) Investments		$ 44	$ (206)	0	206	$ 0
Non-recurring basis \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Refranchise Impairment					6
Remaining Net Book Value of Assets Measured at Fair Value				16	11
Non-recurring basis \| Fair Value, Inputs, Level 3 [Member] \| Closures and impairment (income) expenses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total losses related to long-lived assets held for use and measured at fair value on a non-recurring basis				4	12
Non-recurring basis \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Remaining Net Book Value of Assets Measured at Fair Value				6
Other Assets [Member] \| Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure				5	0
Other Assets [Member] \| Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure				119	45
Other Noncurrent Liabilities [Member] \| Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability				38	28
Other Noncurrent Liabilities [Member] \| Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Forward-starting interest rate swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability				54	127
Prepaid Expenses and Other Current Assets [Member] \| Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member] \| Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Asset				0	1
Term Loan A Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt				750			$ 750
Term Loan B Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt				1,489			$ 1,500
Unsecured Debt [Member] \| Subsidiary Senior Unsecured Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes, Noncurrent	[1]			750	1,800
Unsecured Debt [Member] \| Subsidiary Senior Unsecured Notes [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]			784	1,890
Unsecured Debt [Member] \| YUM Senior Unsecured Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes, Noncurrent	[1]			4,475	3,725
Unsecured Debt [Member] \| YUM Senior Unsecured Notes [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]			4,845	4,094
Secured Debt [Member] \| Securitization Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes, Noncurrent	[2]			3,811	2,869
Secured Debt [Member] \| Securitization Notes [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[2]			3,872	3,015
Secured Debt [Member] \| Term Loan A Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt	[1]			750	431
Secured Debt [Member] \| Term Loan A Facility [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]			748	428
Secured Debt [Member] \| Term Loan B Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt	[1]			1,489	1,916
Secured Debt [Member] \| Term Loan B Facility [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]			$ 1,490	$ 1,907

[1]	We estimated the fair value of the YUM and Subsidiary Senior Unsecured Notes, Term Loan A Facility, and Term Loan B Facility using market quotes and calculations based on market rates.
[2]	We estimated the fair value of the Securitization Notes using market quotes and calculations. The markets in which the Securitization Notes trade are not considered active markets.

Pension, Retiree Medical and _3

Pension, Retiree Medical and Retiree Savings Plans (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service cost		$ 5	$ 4
Amortization of net loss		(12)	(14)
Pension settlement charges		(4)	(4)
Pension Unrealized gains (losses) arising during the year		$ (65)	8	$ 39
Maximum 401(k) participant contribution of eligible compensation		75.00%
Company match of participant contribution up to 6% of eligible compensation		100.00%
Maximum company match of participant contribution of eligible compensation		6.00%
Defined Contribution Plan, Cost		$ 11	10	11
Defined Benefit Plan, Real Estate
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Investment within Plan Asset Category, Amount		$ 0
Fixed Income Investments
Defined Benefit Plan Disclosure [Line Items]
Equity securities, target allocation (in hundredths)		49.00%
Diversified credit investments in a range of public and credit securities
Defined Benefit Plan Disclosure [Line Items]
Equity securities, target allocation (in hundredths)		40.00%
Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Equity securities, target allocation (in hundredths)		32.00%
Real Estate Funds
Defined Benefit Plan Disclosure [Line Items]
Equity securities, target allocation (in hundredths)		19.00%
Foreign Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation at beginning of year		$ 362
Benefit obligation at end of year		351	362
Fair value of plan assets at beginning of year		440
Fair value of plan assets at end of year		446	440
Net periodic benefit cost		1	1	2
Actuarial net gain		(5)	(18)
Fair value of plan assets by asset category		446	440
Defined Benefit Plan, Plan Assets, Amount		446	440
Foreign Pension Plan [Member] \| Fair Value, Inputs, Level 1 [Member] \| Equity Securities - US Large cap [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year		102
Fair value of plan assets at end of year		0	102
Fair value of plan assets by asset category		0	102
Defined Benefit Plan, Plan Assets, Amount		0	102
United States
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation at beginning of year		1,133	1,015
Service cost		8	8	6
Interest cost		32	35	39
Plan amendments		1	1
Special termination benefits		0	2	0
Defined Benefit Plan, Benefit Obligation, Benefits Paid		(33)	(46)
Settlement payments		67	0
Actuarial (gain) loss		(5)	118
Benefit obligation at end of year		$ 1,069	$ 1,133	$ 1,015
Discount rate (in hundredths)		3.00%	2.80%	3.50%
Fair value of plan assets at beginning of year		$ 1,014	$ 886
Actual return on plan assets		88	168
Employer contributions		8	6
Defined Benefit Plan, Plan Assets, Benefits Paid		(33)	(46)
Defined Benefit Plan, Plan Assets, Payment for Settlement		(67)	0
Fair value of plan assets at end of year		1,010	1,014	$ 886
Funded status at end of year		(59)	(119)
Assets for Plan Benefits, Defined Benefit Plan		43	0
Accrued benefit liability - current		(7)	(9)
Accrued benefit liability - non-current		(95)	(110)
Accrued benefit amounts recognized		(59)	(119)
Accumulated benefit obligation		1,048	1,111
Projected benefit obligation		102	1,133
Accumulated benefit obligation		98	1,111
Fair value of plan assets		0	1,014
Amortization of prior service cost	[1]	6	5	6
Expected return on plan assets		(43)	(43)	(44)
Amortization of net loss		(14)	(14)	(1)
Net periodic benefit cost		17	19	8
Pension settlement charges	[2]	0	0	(3)
Beginning of year		(111)	(136)
Pension Unrealized gains (losses) arising during the year		49	7
Other Comprehensive Income (Loss),Defined Benefit Plans, Curtailment Gain (Loss), before Tax		0	1
Amortization of net loss		14	14
Amortization of prior service cost		6	5
Prior service cost		(1)	(2)
End of year		(43)	(111)	(136)
Actuarial net gain		33	96
Prior service cost		(10)	(15)
Amounts recognized as a loss in Accumulated Other Comprehensive Income		$ (43)	$ (111)	$ (136)
Rate of compensation increase (in hundredths)		3.00%	3.00%
Discount rate (in hundredths)		2.80%	3.50%	4.60%
Long-term rate return on plan assets (in hundredths)		5.25%	5.50%	5.75%
Rate of compensation increase (in hundredths)		3.00%	3.00%	3.00%
Fair value of plan assets by asset category		$ 1,010	$ 1,014	$ 886
Net Payable For Unsettled Transactions		$ 58	212
Approximate percentage of total plan assets in investment that includes YUM stock (in hundredths)		1.00%
2022		$ 47
2023		50
2024		52
2025		57
2026		59
2027 - 2031		293
Defined Benefit Plan, Plan Assets, Amount		1,010	1,014	$ 886
United States \| Defined Benefit Plan, Equity Securities, Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Value of mutual fund held as an investment that includes YUM stock		0.2	0.3
United States \| Fair Value, Inputs, Level 1 [Member] \| Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year		9
Fair value of plan assets at end of year		237	9
Fair value of plan assets by asset category		237	9
Defined Benefit Plan, Plan Assets, Amount		237	9
United States \| Fair Value, Inputs, Level 1 [Member] \| Cash Equivalents [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	[3]	10
Fair value of plan assets at end of year	[3]	80	10
Fair value of plan assets by asset category	[3]	80	10
Defined Benefit Plan, Plan Assets, Amount	[3]	80	10
United States \| Fair Value, Inputs, Level 1 [Member] \| Equity Securities - US Large cap [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year		409
Fair value of plan assets at end of year		0	409
Fair value of plan assets by asset category		0	409
Defined Benefit Plan, Plan Assets, Amount		0	409
United States \| Fair Value, Inputs, Level 1 [Member] \| Debt Security, Corporate, US [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	[4]	164
Fair value of plan assets at end of year	[4]	41	164
Fair value of plan assets by asset category	[4]	41	164
Defined Benefit Plan, Plan Assets, Amount	[4]	41	164
United States \| Fair Value, Inputs, Level 2 [Member] \| Debt Security, Corporate, US [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year		148
Fair value of plan assets at end of year		49	148
Fair value of plan assets by asset category		49	148
Defined Benefit Plan, Plan Assets, Amount		49	148
United States \| Fair Value, Inputs, Level 2 [Member] \| Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	[5]	30
Fair value of plan assets at end of year	[5]	30	30
Fair value of plan assets by asset category	[5]	30	30
Defined Benefit Plan, Plan Assets, Amount	[5]	30	30
United States \| Fair Value, Inputs, Level 2 [Member] \| US Government Agencies Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	[5]	354
Fair value of plan assets at end of year	[5]	175	354
Fair value of plan assets by asset category	[5]	175	354
Defined Benefit Plan, Plan Assets, Amount	[5]	175	354
United States \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year		1,226
Fair value of plan assets at end of year		1,068	1,226
Fair value of plan assets by asset category		1,068	1,226
Defined Benefit Plan, Plan Assets, Amount		1,068	1,226
United States \| FairValueInputsLevel1AndLevel2
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	[6]	1,226
Fair value of plan assets at end of year	[6]	612	1,226
Fair value of plan assets by asset category	[6]	612	1,226
Defined Benefit Plan, Plan Assets, Amount	[6]	612	1,226
United States \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	[7]	0
Fair value of plan assets at end of year	[7]	456	0
Fair value of plan assets by asset category	[7]	456	0
Defined Benefit Plan, Plan Assets, Amount	[7]	456	0
Other Postretirement Benefits Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation		42	46
Net periodic benefit cost		1
Actuarial net gain		(6)	$ (4)
2022		3
2027 - 2031		$ 13

[1]	Prior service costs are amortized on a straight-line basis over the average remaining service period of employees expected to receive benefits.
[2]	Settlement losses result when benefit payments exceed the sum of the service cost and interest cost within a plan during the year. These losses were recorded in Other pension (income) expense.
[3]	Short-term investments in money market funds.
[4]	Securities held in common or collective trusts. (c) Investments held directly by the Plan.
[5]	Includes securities held in common or collective trusts and investments held directly by the Plan.
[6]	2021 and 2020 exclude net unsettled trade payables of $58 million and $212 million, respectively.
[7]	Includes securities that have been measured at fair value using the net asset value per unit practical expedient due to the absence of readily available market prices. Accordingly, these securities have not been classified in the fair value hierarchy.

Share-based and Deferred Comp_3

Share-based and Deferred Compensation Plans (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate (in hundredths)	0.50%		1.00%	2.50%
Expected term (years)	6 years 3 months 18 days		5 years 9 months 18 days	6 years 6 months
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	27.00%		24.00%	22.00%
Expected dividend yield (in hundredths)	1.90%		1.90%	1.80%
Options outstanding at the end of the year (in shares)	403
Options outstanding at the end of the year, Weighted-average exercise price (in dollars per share)	$ 74.80
SARs outstanding at the end of the year (in shares)	11,867
SARs outstanding at the end of the year, Weighted-average exercise price (in dollars per share)	$ 80.14
Share-based Compensation Expense	$ 75		$ 97	$ 59
Share-based Payment Arrangement, Expense, Tax Benefit	15		18	9
Cash received from stock options exercises	11		10	1
Share-based Payment Arrangement, Exercise of Option, Tax Benefit	$ 72		$ 58	$ 66
Long Term Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum vesting period of outstanding awards (in years)	immediate
Maximum vesting period of outstanding awards (in years)	5 years
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Approximate number of shares available for grant (in shares)	24,000
Executive Income Deferral Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of Company match on amount deferred (in hundredths)	33.00%
Stock Options and Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum vesting period of outstanding awards (in years)	1.5
Options outstanding at the end of the year (in shares)	12,270	[1]	15,562
Granted (in shares)	757
Exercised (in shares)	(3,720)
Forfeited or expired (in shares)	(329)
Exercisable at the end of the year (in shares)	8,405
Options outstanding at the end of the year, Weighted-average exercise price (in dollars per share)	$ 79.96		$ 74.52
Granted, Weighted-average exercise price (in dollars per share)	103.85
Exercised, Weighted-average exercise price (in dollars per share)	60.77
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price	94.60
Exercisable at the end of the year, Weighted-average exercise price (in dollars per share)	$ 72.53
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term	6 years 1 month 13 days
Share Based Compensation Arrangement By Share Based Payment Award, Options, Exercisable Weighted Average Remaining Contractual Term	5 years 4 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	$ 723
Exercisable at the end of the year, Aggregate intrinsic value (in dollars)	$ 557
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 21.32		$ 18.83	$ 19.82
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value	$ 234		$ 170	$ 204
Unrecognized compensation cost	30
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value	35		70	31
Share-based Compensation Expense	29		75	39
Restricted Stock Units And Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	81
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value	$ 20		15	14
Unvested RSUs and PSUs	1,400
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Expense	$ 16		20	12
Restricted Stock Units (RSUs) [Member] \| Executive Income Deferral Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)	2 years
Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Expense	$ 30		$ 2	$ 8
Executives [Member] \| Long Term Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Vesting period (in years)	4 years
Graded vesting schedule of grants made to executives under other stock award plans	25%
Share-based Compensation Arrangement by Share-based Payment Award, Average Exercise Period	6 years 3 months 18 days

[1]	Outstanding awards include 403 options and 11,867 SARs with weighted average exercise prices of $74.80 and $80.14, respectively. Outstanding awards represent YUM awards held by employees of both YUM and Yum China.

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019		Jun. 30, 2021
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	12,981	[1]	2,419	[1]	7,788	[2]
Value of share repurchases with trade dates during the current reporting date but with settlement dates subsequent to the current reporting date.	$ 11				$ 5
Number of shares repurchased with trade dates during the current reporting date but with settlement dates subsequent to the current reporting date.	100				100
Stock Repurchased During Period, Value	$ 1,580	[1]	$ 250	[1]	$ 810	[2]
May 2021
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	8,235		0		0
Stock Repurchased During Period, Value	$ 1,050		$ 0		$ 0
November 2019 [Member]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	4,746		2,419		0
Stock Repurchased During Period, Value	$ 530		$ 250		$ 0
August 2018 [Member]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	0		0		7,788
Stock Repurchased During Period, Value	$ 0		$ 0		$ 810
May 2021
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchase Program, Authorized Amount	2,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 950
November 2019 [Member]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchase Program, Remaining Authorized Repurchase Amount							$ 1,200

[1]	2021 amount excludes and 2020 amount includes the effect of $11 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2020, but settlement dates subsequent to December 31, 2020.
[2]	2019 amount excludes the effect of $5 million in share repurchases (0.1 million shares) with trade dates on, or prior to, December 31, 2018, but settlement dates subsequent to December 31, 2018.

Shareholders' Equity (Details 2

Shareholders' Equity (Details 2) - USD ($) $ in Millions	12 Months Ended
Shareholders' Equity (Details 2) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020		Dec. 31, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	$ (411)
Other Comprehensive Income (Loss), Net of Tax	86	$ (23)		$ (54)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	(325)	(411)
Defined Benefit Plan, Amortization of Gain (Loss)	(12)	(14)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)	5	4
Pension settlement charges	(4)	(4)
Translation Adjustment and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	(182)	(221)
Amounts classified into OCI, net of tax	(24)	39
Amounts reclassified from accumulated OCI, net of tax	0	0
Other Comprehensive Income (Loss), Net of Tax	(24)	39
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	(206)	(182)		(221)
Pension and Post-Retirement Benefit Plan Losses
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	(96)	(104)	[1]
Amounts classified into OCI, net of tax	50	(6)
Amounts reclassified from accumulated OCI, net of tax	12	14
Other Comprehensive Income (Loss), Net of Tax	62	8
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	(34)	(96)		(104)	[1]
Net Unrealized Loss on Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	(133)	(63)	[2]
Amounts classified into OCI, net of tax	25	(75)
Amounts reclassified from accumulated OCI, net of tax	23	5
Other Comprehensive Income (Loss), Net of Tax	48	(70)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	(85)	(133)		(63)	[2]
Total
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	(411)	(388)
Amounts classified into OCI, net of tax	51	(42)
Amounts reclassified from accumulated OCI, net of tax	35	19
Other Comprehensive Income (Loss), Net of Tax	86	(23)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	$ (325)	$ (411)		$ (388)

[1]	Amounts reclassified from AOCI for pension and post-retirement benefit plans losses during 2021 include amortization of net losses of $12 million, amortization of prior service cost of $5 million and related income tax benefit of $4 million. Amounts reclassified from AOCI for pension and post-retirement benefit plans losses during 2020 include amortization of net losses of $14 million, amortization of prior service cost of $4 million and related income tax benefit of $4 million. See Note 15.
[2]	See Note 13 for details on amounts reclassified from AOCI.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended				5 Months Ended		6 Months Ended	7 Months Ended		12 Months Ended
Income Taxes (Details) - USD ($) $ in Millions	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 09, 2021	Dec. 31, 2020	Jun. 30, 2021	Dec. 31, 2021	Jul. 21, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
U.S. and foreign income before income taxes [Abstract]
U.S.										$ 1,062	$ 684	$ 466
Foreign										612	336	907
Income from Continuing Operations Before Income Taxes										1,674	1,020	1,373
Details of income tax provision (benefit) [Abstract]
Current: Federal										45	37	129
Current: Foreign										214	121	166
Current: State										40	23	16
Total current income tax provision (benefit)										299	181	311
Deferred: Federal										21	(21)	(16)
Deferred: Foreign										(227)	(29)	(213)
Deferred: State										6	(15)	(3)
Deferred income taxes										200	65	232
Income Tax Expense (Benefit), Total										$ 99	$ 116	$ 79
Effective income tax rate reconciliation [Abstract]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent										21.00%	21.00%	21.00%
State income tax, net of federal tax benefit (in hundredths)										1.80%	1.00%	0.90%
Statutory rate differential attributable to foreign operations (in hundredths)										(1.00%)	(0.90%)	0.90%
Effective Income Tax Rate Reconciliation Adjustments To Reserves And Prior Years										1.10%	(1.70%)	2.30%
Effective Income Tax Rate Reconciliation Share Based Compensation										(2.70%)	(3.40%)	(3.60%)
Change in valuation allowance (in hundredths)										(0.80%)	(2.50%)	(0.60%)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Restructuring Charges, Percent										(11.30%)	(0.30%)	(16.60%)
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Percent										1.40%	0.00%	0.00%
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent										(3.80%)	(2.50%)	0.00%
Other, net (in hundredths)										0.20%	0.70%	1.40%
Effective income tax rate (in hundredths)										5.90%	11.40%	5.70%
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount										$ 22	$ 11	$ 34
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount												20
Employee Service Share-based Compensation, Deferred Tax Benefit from Compensation Expense										46	35	49
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount										15	22
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability			$ 64
Deferred Tax Assets, Gross	$ 1,541					$ 1,636		$ 1,541		1,541	1,636
Deferred Tax Assets, Net	716					553		716		$ 716	553
Limit on deductibility of interest expense										30.00%
Tax Cuts and Jobs Act, Income Tax Expense (Benefit)										$ 23
Unrecognized Tax Benefits	116					175		116		116	175	188
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	75							75		75
Additions on tax positions related to the current year										13	5
Additions for tax positions of prior years										41	34
Reductions for tax positions of prior years										(110)	(22)
Reductions for settlements										(3)	(30)
Reductions due to statute expiration										0	0
Foreign currency translation adjustment										0	0
Income Tax Examination, Penalties and Interest Expense										4	2	13
Income Tax Examination, Penalties and Interest Accrued	3					$ 1		$ 3		3	1
UNITED KINGDOM
Effective income tax rate reconciliation [Abstract]
Deferred Tax Assets, Gross												586
Deferred Tax Assets, Net												220
non-United Kingdom
Effective income tax rate reconciliation [Abstract]
Deferred Tax Assets, Gross												13
Deferred Tax Assets, Net												6
Intra-Entity IP Transfers [Member]
Details of income tax provision (benefit) [Abstract]
Deferred income taxes											3	226
Effective income tax rate reconciliation [Abstract]
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	$ 35	$ 152								152	(25)
Deferred Tax Assets, Increases [Member]
Effective income tax rate reconciliation [Abstract]
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount										(31)	(64)
Deferred Tax Assets, Decreases
Effective income tax rate reconciliation [Abstract]
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount										355	45
Deferred Tax Assets, Other Adjustments
Effective income tax rate reconciliation [Abstract]
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount										$ 3	17
Tax Year 2020 [Member]
Effective income tax rate reconciliation [Abstract]
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount											$ 6
Foreign [Member]
Effective income tax rate reconciliation [Abstract]
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent		19.00%	25.00%	19.00%	19.00%	19.00%	17.00%	25.00%	17.00%
Deferred Compensation, Share-based Payments [Member]
Effective income tax rate reconciliation [Abstract]
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount												$ 18

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Net deferred tax assets (liabilities) [Abstract]
Operating Loss Carryforwards	$ 186	$ 181
Deferred Tax Assets, Capital Loss Carryforwards	72	3
Deferred Tax Assets, Tax Credit Carryforwards	194	226
Employee benefits	68	82
Share-based compensation	51	58
Lease related liabilities	236	199
Various liabilities	52	47
Deferred Tax Assets, Derivative Instruments	0	50
Deferred Tax Assets, Goodwill and Intangible Assets	560	678
Deferred Tax Assets, Property, Plant and Equipment	35	31
Deferred income and other	87	81
Gross deferred tax assets	1,541	1,636
Deferred tax asset valuation allowances	(462)	(789)	$ (787)
Net deferred tax assets	1,079	847
Intangible assets, including goodwill	(3)	(1)
Property, plant and equipment	(85)	(75)
Deferred Tax Liabilities Deemed Repatriation	(200)	(161)
Deferred Tax Liabilities, Other Finite-Lived Assets	(24)	(15)
Other	(51)	(42)
Gross deferred tax liabilities	(363)	(294)
Deferred Tax Assets, Net	716	553
Reported in Consolidated Balance Sheets as:
Deferred Tax Assets, Net	$ 716	$ 553
UNITED KINGDOM
Net deferred tax assets (liabilities) [Abstract]
Gross deferred tax assets			586
Deferred Tax Assets, Net			220
Tax Credit Carryforward, Valuation Allowance			366
Reported in Consolidated Balance Sheets as:
Deferred Tax Assets, Net			220
non-United Kingdom
Net deferred tax assets (liabilities) [Abstract]
Gross deferred tax assets			13
Deferred Tax Assets, Net			6
Tax Credit Carryforward, Valuation Allowance			7
Reported in Consolidated Balance Sheets as:
Deferred Tax Assets, Net			$ 6

Income Taxes (Details 3)

Income Taxes (Details 3) - USD ($) $ in Millions	12 Months Ended
Income Taxes (Details 3) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2020	Dec. 31, 2019
Operating and capital loss carryforwards [Line Items]
Foreign Earnings Repatriated	$ 3,600
Effective Income Tax Rate Reconciliation, Deduction, Dividend, Percent	100.00%
Operating Loss Carryforwards	$ 186		$ 181
Operating Loss and Tax Credit Carryforward, Amount	2,826
Deferred Tax Assets, Tax Credit Carryforwards	194		226
Deferred Tax Assets, Tax Deferred Expense	452
Operating Loss and Tax Credit Carryforward, Valuation Allowance	(367)
Deferred Tax Liabilities, Other	(51)		(42)
Unrecognized Tax Benefits	116		175	$ 188
Forecast [Member]
Operating and capital loss carryforwards [Line Items]
Unrecognized Tax Benefits		$ 3
Other Noncurrent Liabilities [Member]
Operating and capital loss carryforwards [Line Items]
Deferred Tax Liabilities, Other	(8)		$ 0
Foreign [Member] \| Indefinite
Operating and capital loss carryforwards [Line Items]
Operating Loss Carryforwards	229
Tax Credit Carryforward, Amount	289
Deferred Tax Assets, Operating Loss Carryforwards	59
Deferred Tax Assets, Tax Credit Carryforwards	72
Operating Loss Carryforwards, Valuation Allowance	(35)
Tax Credit Carryforward, Valuation Allowance	(72)
Foreign [Member] \| 2022 - 2037
Operating and capital loss carryforwards [Line Items]
Operating Loss Carryforwards	59
Deferred Tax Assets, Operating Loss Carryforwards	12
Operating Loss Carryforwards, Valuation Allowance	(11)
Foreign [Member] \| 2026 - 2030
Operating and capital loss carryforwards [Line Items]
Tax Credit Carryforward, Amount	187
Deferred Tax Assets, Tax Credit Carryforwards	187
Tax Credit Carryforward, Valuation Allowance	(172)
State and Local Jurisdiction [Member] \| Indefinite
Operating and capital loss carryforwards [Line Items]
Tax Credit Carryforward, Amount	487
Deferred Tax Assets, Tax Credit Carryforwards	22
Tax Credit Carryforward, Valuation Allowance	(21)
State and Local Jurisdiction [Member] \| 2022 - 2040
Operating and capital loss carryforwards [Line Items]
Operating Loss Carryforwards	1,408
Deferred Tax Assets, Operating Loss Carryforwards	59
Operating Loss Carryforwards, Valuation Allowance	(43)
State and Local Jurisdiction [Member] \| 2023
Operating and capital loss carryforwards [Line Items]
Tax Credit Carryforward, Amount	7
Deferred Tax Assets, Tax Credit Carryforwards	7
Tax Credit Carryforward, Valuation Allowance	(5)
Domestic Tax Authority \| 2036 - 2037
Operating and capital loss carryforwards [Line Items]
Operating Loss Carryforwards	18
Deferred Tax Assets, Operating Loss Carryforwards	4
Operating Loss Carryforwards, Valuation Allowance	0
Domestic Tax Authority \| Indefinite
Operating and capital loss carryforwards [Line Items]
Operating Loss Carryforwards	61
Tax Credit Carryforward, Amount	81
Deferred Tax Assets, Operating Loss Carryforwards	13
Deferred Tax Assets, Tax Credit Carryforwards	17
Operating Loss Carryforwards, Valuation Allowance	0
Tax Credit Carryforward, Valuation Allowance	$ (8)

Reportable Operating Segments_2

Reportable Operating Segments (Details) - USD ($) $ in Millions		3 Months Ended				12 Months Ended
		Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total revenues						$ 6,584	$ 5,652	$ 5,597
Operating Profit						2,139	1,503	1,930
General and administrative expenses						1,060	1,064	917
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest						1,674	1,020	1,373
Investment (income) expense, net	[1]					86	74	(67)
Other Pension (income) expense	[1]					(7)	(14)	(4)
Interest expense, net	[1]					(544)	(543)	(486)
Depreciation and amortization						164	146	112
Capital Spending						230	160	196
Total Assets	[2]	$ 5,852				5,966	5,852
Long-Lived Assets	[3]	3,026				3,032	3,026
Impairment and closure expense						19	172	5
Unlocking Opportunity Initiative [Member]
Segment Reporting Information [Line Items]
General and administrative expenses				$ 50
COVID-19 Relief [Member]
Segment Reporting Information [Line Items]
General and administrative expenses		25
Goodwill [Member]
Segment Reporting Information [Line Items]
Impairment and closure expense			$ 5		$ 139		144
KFC Global Division [Member]
Segment Reporting Information [Line Items]
Total revenues	[4]					2,793	2,272	2,491
Operating Profit						1,230	922	1,052
Depreciation and amortization						28	29	30
Capital Spending						60	59	81
Total Assets	[2]	2,011				2,313	2,011
Long-Lived Assets	[3]	1,160				1,069	1,160
Taco Bell Global Division [Member]
Segment Reporting Information [Line Items]
Total revenues	[4]					2,238	2,031	2,079
Operating Profit						758	696	683
Depreciation and amortization						53	56	59
Capital Spending						62	42	76
Total Assets	[2]	1,387				1,397	1,387
Long-Lived Assets	[3]	925				904	925
Pizza Hut Global Division [Member]
Segment Reporting Information [Line Items]
Total revenues	[4]					1,028	1,002	1,027
Operating Profit						387	335	369
Depreciation and amortization						32	24	15
Capital Spending						18	28	33
Total Assets	[2]	804				850	804
Long-Lived Assets	[3]	415				423	415
The Habit Burger Grill Global Division
Segment Reporting Information [Line Items]
Total revenues						525	347	0
Operating Profit						2	(22)	0
Depreciation and amortization						28	25	0
Capital Spending						56	16	0
Total Assets	[2]	537				586	537
Long-Lived Assets		458				516	458
Corporate and Other [Member]
Segment Reporting Information [Line Items]
General and administrative expenses	[1],[5]					(260)	(312)	(188)
Franchise and property expenses	[1],[6]					1	(4)	(14)
Refranchising gain (loss)	[1]					35	34	37
Other (income) expense	[1],[7]					(14)	(146)	(9)
Depreciation and amortization						23	12	8
Capital Spending						34	15	6
Total Assets	[2],[8]	1,113				820	1,113
Long-Lived Assets	[3]	68				120	68
U.S.
Segment Reporting Information [Line Items]
Total revenues						3,600	3,200	$ 3,000
Total Assets		$ 3,000				2,800	3,000
General and Administrative Expense [Member]
Segment Reporting Information [Line Items]
Costs Associated with Resource Optimization Initiative						$ 7	$ 36

[1]	Amounts have not been allocated to any segment for performance reporting purposes.
[2]	U.S. identifiable assets included in the combined Corporate and KFC, Taco Bell, Pizza Hut, and Habit Burger Grill Divisions totaled $2.8 billion and $3.0 billion in 2021 and 2020, respectively.
[3]	Includes PP&E, net, goodwill, intangible assets, net and Operating lease right-of-use assets.
[4]	U.S. revenues included in the combined KFC, Taco Bell, Pizza Hut and Habit Burger Grill Divisions totaled $3.6 billion in 2021, $3.2 billion in 2020 and $3.0 billion in 2019.
[5]	Amounts in 2020 include charitable contributions to Yum! Brands Foundation, Inc. of $50 million and $25 million related to our Unlocking Opportunity Initiative and COVID-19 employee relief, respectively. Additionally, 2020 includes $36 million for charges associated with resource optimization (see Note 5).
[6]	Represents costs related to an agreement executed in May 2017 with our Pizza Hut U.S. franchisees to improve brand marketing alignment, accelerate enhancements in operations and technology and that included a permanent commitment to incremental advertising as well as digital and technology contributions by franchisees (the “Pizza Hut U.S. Transformation Agreement”).
[7]	Unallocated Other income (expense) in 2020 includes a charge of $144 million related to the impairment of Habit Burger Grill goodwill (see Note 3).
[8]	Primarily includes cash and deferred tax assets.

Contingencies (Details)

Contingencies (Details) $ in Millions	12 Months Ended
Contingencies (Details) $ in Millions	Dec. 31, 2021USD ($)
Guarantor Obligations [Line Items]
Deferred Tax Liability Not Recognized, Events that Would Cause Temporary Difference to be Taxable, Undistributed Earnings of Foreign Subsidiaries	As a result of an audit by the Internal Revenue Service (“IRS”) for fiscal years 2013 through 2015, on October 13, 2021, we received a Notice of Proposed Adjustment (“NPA”) from the IRS for the 2014 fiscal year relating to a series of reorganizations we undertook during that year in connection with the business realignment of our corporate and management reporting structure along brand lines. The IRS asserts that these reorganizations involved taxable distributions of approximately $6.0 billion. We expect to receive the final Revenue Agent’s Report (“RAR”) including the IRS’s calculation of the tax assessment in early 2022. The amount of additional tax that may be asserted by the IRS in the RAR cannot be quantified at this time; however, based on the NPA, the amount of additional tax to be proposed is expected to be material. We disagree with the IRS’s position as asserted in the NPA and intend to contest it vigorously by filing a protest disputing on multiple grounds any proposed taxes and proceeding to the IRS Office of Appeals.The final resolution of this matter is uncertain, but the Company believes that it is more likely than not the Company’s tax position will be sustained; therefore no reserve is recorded with respect to this matter. An unfavorable resolution of this matter could have a material, adverse impact on our Consolidated Financial Statements in future periods.
Property Lease Guarantee [Member]
Guarantor Obligations [Line Items]
Year longest lease expires	2065
Potential amount of undiscounted payments we could be required to make in the event of non-payment	$ 425
Present value of potential payments we could be required to make in the event of non-payment	$ 350

Contingencies (Details 2)

Contingencies (Details 2) - USD ($) $ in Millions	12 Months Ended
Contingencies (Details 2) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Unusual or Infrequent Item, or Both, Nature of Event or Transaction	On January 29, 2020, the Special Director issued an order imposing a penalty on YRIPL and certain former directors of approximately Indian Rupee 11 billion, or approximately $150 million. Of this amount, $145 million relates to the alleged failure to invest a total of $80 million in India within an initial seven-year period. We have been advised by external counsel that the order is flawed and have filed a writ petition with the Delhi High Court, which granted an interim stay of the penalty order on March 5, 2020. The stay order remains in effect and the next hearing is now scheduled for March 4, 2022. We deny liability and intend to continue vigorously defending this matter. We do not consider the risk of any significant loss arising from this order to be probable.
Self Insured Property And Casualty Reserves [Member]
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance	$ 50	$ 54
Liability for Unpaid Claims and Claims Adjustment Expense, Business Acquisitions	0	6
Liability for Unpaid Claims and Claims Adjustment Expense, Period Increase (Decrease)	23	13
Payments	(25)	(23)
Ending balance	$ 48	$ 50