XML 38 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 21, 2015
Mar. 22, 2014
Cash Flows - Operating Activities    
Net Income - including noncontrolling interests $ 361us-gaap_ProfitLoss $ 399us-gaap_ProfitLoss
Depreciation and amortization 139us-gaap_DepreciationDepletionAndAmortization 140us-gaap_DepreciationDepletionAndAmortization
Closures and impairment (income) expenses 3yum_ClosuresAndImpairmentExpenses 3yum_ClosuresAndImpairmentExpenses
Refranchising (gain) loss (10)us-gaap_GainLossOnDispositionOfAssets (3)us-gaap_GainLossOnDispositionOfAssets
Contributions to defined benefit pension plans (76)us-gaap_DefinedBenefitPlanContributionsByEmployer (8)us-gaap_DefinedBenefitPlanContributionsByEmployer
Deferred income taxes (29)us-gaap_DeferredIncomeTaxExpenseBenefit (11)us-gaap_DeferredIncomeTaxExpenseBenefit
Equity income from investments in unconsolidated affiliates (9)us-gaap_IncomeLossFromEquityMethodInvestments (13)us-gaap_IncomeLossFromEquityMethodInvestments
Excess tax benefits from share-based compensation (19)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (13)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Share-based compensation expense 15us-gaap_ShareBasedCompensation 12us-gaap_ShareBasedCompensation
Changes in accounts and notes receivable 3us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable 23us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable
Changes in inventories 21us-gaap_IncreaseDecreaseInInventories 33us-gaap_IncreaseDecreaseInInventories
Changes in prepaid expenses and other current assets (27)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (2)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Changes in accounts payable and other current liabilities 113us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (20)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Changes in income taxes payable 51us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 53us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Other, net (20)us-gaap_OtherOperatingActivitiesCashFlowStatement (23)us-gaap_OtherOperatingActivitiesCashFlowStatement
Net Cash Provided by Operating Activities 516us-gaap_NetCashProvidedByUsedInOperatingActivities 570us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows - Investing Activities    
Capital spending (227)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (172)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from refranchising of restaurants 22us-gaap_ProceedsFromDivestitureOfBusinesses 2us-gaap_ProceedsFromDivestitureOfBusinesses
Other, net 9us-gaap_PaymentsForProceedsFromOtherInvestingActivities 2us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net Cash Used in Investing Activities (196)us-gaap_NetCashProvidedByUsedInInvestingActivities (168)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash Flows - Financing Activities    
Repayments of long-term debt (3)us-gaap_RepaymentsOfLongTermDebt (2)us-gaap_RepaymentsOfLongTermDebt
Short-term borrowings by original maturity    
More than three months - proceeds 0us-gaap_ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths 0us-gaap_ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths
More than three months - payments 0us-gaap_RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths 0us-gaap_RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths
Three months or less, net 0us-gaap_ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess 0us-gaap_ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
Revolving credit facilities, three months or less, net 53us-gaap_ProceedsFromRepaymentsOfLinesOfCredit 35us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
Repurchase shares of Common Stock (124)us-gaap_PaymentsForRepurchaseOfCommonStock (124)us-gaap_PaymentsForRepurchaseOfCommonStock
Excess tax benefits from share-based compensation 19us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 13us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Employee stock option proceeds 10us-gaap_ProceedsFromStockOptionsExercised 11us-gaap_ProceedsFromStockOptionsExercised
Dividends paid on Common Stock (178)us-gaap_PaymentsOfDividendsCommonStock (164)us-gaap_PaymentsOfDividendsCommonStock
Other, net (23)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (6)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net Cash Used in Financing Activities (246)us-gaap_NetCashProvidedByUsedInFinancingActivities (237)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of Exchange Rates on Cash and Cash Equivalents 23us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (4)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net Increase (Decrease) in Cash and Cash Equivalents 97us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 161us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Cash Equivalents - Beginning of Period 578us-gaap_CashAndCashEquivalentsAtCarryingValue 573us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Cash Equivalents - End of Period $ 675us-gaap_CashAndCashEquivalentsAtCarryingValue $ 734us-gaap_CashAndCashEquivalentsAtCarryingValue