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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 15, 2013
Jun. 16, 2012
Jun. 15, 2013
Jun. 16, 2012
Revenues        
Company sales $ 2,474 $ 2,762 $ 4,573 $ 5,106
Franchise and license fees and income 430 406 866 805
Total revenues 2,904 3,168 5,439 5,911
Costs and Expenses, Net        
Food and paper 805 916 1,485 1,683
Payroll and employee benefits 590 623 1,080 1,136
Occupancy and other operating expenses 769 800 1,365 1,424
Company restaurant expenses 2,164 2,339 3,930 4,243
General and administrative expenses 333 346 606 618
Franchise and license expenses 34 26 64 52
Closures and impairment (income) expenses 6 4 10 5
Refranchising (gain) loss (32) (13) (49) (39)
Other (income) expense 9 (7) 1 (86)
Total costs and expenses, net 2,514 2,695 4,562 4,793
Operating Profit 390 473 877 1,118
Interest expense, net 32 38 63 75
Income Before Income Taxes 358 435 814 1,043
Income tax provision 82 102 202 249
Net Income – including noncontrolling interests 276 333 612 794
Net Income (loss) - noncontrolling interests (5) 2 (6) 5
Net Income - YUM! Brands, Inc. $ 281 $ 331 $ 618 $ 789
Basic Earnings Per Common Share $ 0.62 $ 0.71 $ 1.36 $ 1.70
Diluted Earnings Per Common Share $ 0.61 $ 0.69 $ 1.33 $ 1.65
Dividends Declared Per Common Share $ 0.335 $ 0.285 $ 0.67 $ 0.57