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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 07, 2013
Sep. 08, 2012
Sep. 07, 2013
Sep. 08, 2012
Revenues        
Company sales $ 3,021 $ 3,142 $ 7,594 $ 8,248
Franchise and license fees and income 445 427 1,311 1,232
Total revenues 3,466 3,569 8,905 9,480
Costs and Expenses, Net        
Food and paper 996 1,029 2,481 2,712
Payroll and employee benefits 621 650 1,701 1,786
Occupancy and other operating expenses 873 864 2,238 2,288
Company restaurant expenses 2,490 2,543 6,420 6,786
General and administrative expenses 327 332 933 950
Franchise and license expenses 44 32 108 84
Closures and impairment (income) expenses 300 4 310 9
Refranchising (gain) loss (38) (2) (87) (41)
Other (income) expense (7) (11) (6) (97)
Total costs and expenses, net 3,116 2,898 7,678 7,691
Operating Profit 350 671 1,227 1,789
Interest expense, net 31 32 94 107
Income Before Income Taxes 319 639 1,133 1,682
Income tax provision 182 161 384 410
Net Income – including noncontrolling interests 137 478 749 1,272
Net Income (loss) - noncontrolling interests (15) 7 (21) 12
Net Income - YUM! Brands, Inc. $ 152 $ 471 $ 770 $ 1,260
Basic Earnings Per Common Share $ 0.34 $ 1.02 $ 1.70 $ 2.72
Diluted Earnings Per Common Share $ 0.33 $ 1.00 $ 1.66 $ 2.65
Dividends Declared Per Common Share $ 0.00 $ 0.00 $ 0.67 $ 0.57