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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. 06, 2014
Sep. 07, 2013
Sep. 06, 2014
Sep. 07, 2013
Revenues        
Company sales $ 2,891 $ 3,021 $ 7,941 $ 7,594
Franchise and license fees and income 463 445 1,341 1,311
Total revenues 3,354 3,466 9,282 8,905
Costs and Expenses, Net        
Food and paper 951 996 2,562 2,481
Payroll and employee benefits 642 621 1,755 1,701
Occupancy and other operating expenses 869 873 2,326 2,238
Company restaurant expenses 2,462 2,490 6,643 6,420
General and administrative expenses 323 327 946 933
Franchise and license expenses 42 44 109 108
Closures and impairment (income) expenses 6 300 30 310
Refranchising (gain) loss (20) (38) (27) (87)
Other (income) expense (9) (7) (19) (6)
Total costs and expenses, net 2,804 3,116 7,682 7,678
Operating Profit 550 350 1,600 1,227
Interest expense, net 28 31 90 94
Income Before Income Taxes 522 319 1,510 1,133
Income tax provision 119 182 370 384
Net Income – including noncontrolling interests 403 137 1,140 749
Net Income (loss) - noncontrolling interests (1) (15) 3 (21)
Net Income - YUM! Brands, Inc. $ 404 $ 152 $ 1,137 $ 770
Basic Earnings Per Common Share $ 0.91 $ 0.34 $ 2.55 $ 1.70
Diluted Earnings Per Common Share $ 0.89 $ 0.33 $ 2.50 $ 1.66
Dividends Declared Per Common Share $ 0.00 $ 0.00 $ 0.74 $ 0.67