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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 22, 2014
Mar. 23, 2013
Revenues    
Company sales $ 2,292 $ 2,099
Franchise and license fees and income 432 436
Total revenues 2,724 2,535
Costs and Expenses, Net    
Food and paper 725 680
Payroll and employee benefits 493 490
Occupancy and other operating expenses 633 596
Company restaurant expenses 1,851 1,766
General and administrative expenses 271 273
Franchise and license expenses 33 30
Closures and impairment (income) expenses 3 4
Refranchising (gain) loss (3) (17)
Other (income) expense (2) (8)
Total costs and expenses, net 2,153 2,048
Operating Profit 571 487
Interest expense, net 33 31
Income Before Income Taxes 538 456
Income tax provision 139 120
Net Income – including noncontrolling interests 399 336
Net Income (loss) - noncontrolling interests 0 (1)
Net Income - YUM! Brands, Inc. $ 399 $ 337
Basic Earnings Per Common Share $ 0.89 $ 0.74
Diluted Earnings Per Common Share $ 0.87 $ 0.72
Dividends Declared Per Common Share $ 0.37 $ 0.335