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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2011
Quarterly Financial Information Disclosure [Abstract]  
Selected income (loss) and common share financial data
 
 
2011
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
Total
Revenues:
 
 
 
 
 
 
 
 
 
 
Company sales
 
$
2,051

 
$
2,431

 
$
2,854

 
$
3,557

 
$
10,893

Franchise and license fees and income
 
374

 
385

 
420

 
554

 
1,733

Total revenues
 
2,425

 
2,816

 
3,274

 
4,111

 
12,626

Restaurant profit
 
360

 
386

 
494

 
513

 
1,753

Operating Profit(a)
 
401

 
419

 
488

 
507

 
1,815

Net Income – YUM! Brands, Inc.
 
264

 
316

 
383

 
356

 
1,319

Basic earnings per common share
 
0.56

 
0.67

 
0.82

 
0.77

 
2.81

Diluted earnings per common share
 
0.54

 
0.65

 
0.80

 
0.75

 
2.74

Dividends declared per common share
 

 
0.50

 

 
0.57

 
1.07


 
 
2010
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
Total
Revenues:
 
 
 
 
 
 
 
 
 
 
Company sales
 
$
1,996

 
$
2,220

 
$
2,496

 
$
3,071

 
$
9,783

Franchise and license fees and income
 
349

 
354

 
366

 
491

 
1,560

Total revenues
 
2,345

 
2,574

 
2,862

 
3,562

 
11,343

Restaurant profit
 
340

 
366

 
479

 
478

 
1,663

Operating Profit(b)
 
364

 
421

 
544

 
440

 
1,769

Net Income – YUM! Brands, Inc.
 
241

 
286

 
357

 
274

 
1,158

Basic earnings per common share
 
0.51

 
0.61

 
0.76

 
0.58

 
2.44

Diluted earnings per common share
 
0.50

 
0.59

 
0.74

 
0.56

 
2.38

Dividends declared per common share
 
0.21

 
0.21

 

 
0.50

 
0.92


(a)
Includes net losses of $65 million primarily related to the LJS and A&W divestitures, $88 million primarily related to refranchising international markets and $28 million primarily related to the U.S. business transformation measures and U.S. refranchising in the first, third and fourth quarters of 2011, respectively. See Note 4.  The fourth quarter of 2011 also includes the $25 million impact of the 53rd week. See Note 2.

(b)
Includes net losses of $66 million and $19 million in the first and fourth quarters of 2010, respectively, related primarily to the U.S. business transformation measures and refranchising international markets.  See Note 4.