Other Expenses (Income), Net (Tables)

6 Months Ended

Jun. 30, 2022

Other Income and Expenses [Abstract]

Other Expenses (Income), Net

	Quarter Ended					Year to Date Ended
	6/30/2022		6/30/2021			6/30/2022			6/30/2021
Equity income from investments in unconsolidated affiliates(a)	$	—	$	(10	)	$	—		$	(27	)
Amortization of reacquired franchise rights(b)		24		10			50			19
Foreign exchange impact and others		—		1			(1	)		3
Other expenses (income), net	$	24	$	1		$	49		$	(5	)

(a)Includes equity income from our investments in Hangzhou KFC and the Lavazza joint venture before we consolidated the results of these entities upon completion of the acquisitions in 2021. (See Note 3 for additional information).

(b)Increase in amortization of reacquired franchise rights resulted from the acquisition of Hangzhou KFC as disclosed in Note 3, with $66 million of the purchase price allocated to intangible assets related to reacquired franchise right, which is being amortized over the remaining franchise contract period of 1 year.