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Pension Benefits
6 Months Ended
Jun. 11, 2011
Compensation and Retirement Disclosure [Abstract]  
Pension Benefits
Pension Benefits


We sponsor noncontributory defined benefit pension plans covering certain full-time salaried and hourly U.S. employees.  The most significant of these plans, the YUM Retirement Plan (the “Plan”), is funded while benefits from the other U.S. plan are paid by the Company as incurred.  During 2001, the plans covering our U.S. salaried employees were amended such that any salaried employee hired or rehired by YUM after September 30, 2001 is not eligible to participate in those plans.  We also sponsor various defined benefit pension plans covering certain of our non-U.S. employees, the most significant of which are in the United Kingdom (“U.K.”).  Our plans in the U.K. have previously been amended such that new employees are not eligible to participate in those plans.


The components of net periodic benefit cost associated with our U.S. pension plans and significant International pension plans are as follows:


 
U.S. Pension Plans
 
International Pension Plans
 
Quarter ended
 
Quarter ended
 
6/11/2011
 
6/12/2010
 
6/11/2011
 
6/12/2010
Service cost
$
6


 
$
6


 
$
2


 
$
2


Interest cost
15


 
14


 
2


 
2


Expected return on plan assets
(17
)
 
(16
)
 
(3
)
 
(3
)
Amortization of net loss
7


 
6


 
1


 
1


Net periodic benefit cost
$
11


 
$
10


 
$
2


 
$
2


 
 
 
 
 
 
 
 
 
U.S. Pension Plans
 
International Pension Plans
 
Year to date
 
Year to date
 
6/11/2011
 
6/12/2010
 
6/11/2011
 
6/12/2010
Service cost
$
11


 
$
12


 
$
3


 
$
3


Interest cost
30


 
28


 
4


 
4


Expected return on plan assets
(33
)
 
(32
)
 
(5
)
 
(5
)
Amortization of net loss
14


 
11


 
1


 
1


Net periodic benefit cost
$
22


 
$
19


 
$
3


 
$
3






We made no contributions to the Plan during the year to date ended June 11, 2011 and no contributions to the Plan are anticipated in 2011.  We made contributions of approximately $8 million to a plan in the U.K. during the year to date ended June 11, 2011 and no additional significant contributions are anticipated in 2011.