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Selected Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 26, 2015
Schedule of Quarterly Financial Information [Abstract]  
Schedule of Quarterly Financial Information
 
 
2015
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
Total
Revenues:
 
 
 
 
 
 
 
 
 
 
Company sales
 
$
2,179

 
$
2,659

 
$
2,968

 
$
3,339

 
$
11,145

Franchise and license fees and income
 
443

 
446

 
459

 
612

 
1,960

Total revenues
 
2,622

 
3,105

 
3,427

 
3,951

 
13,105

Restaurant profit
 
382

 
411

 
539

 
454

 
1,786

Operating Profit(a)
 
506

 
371

 
603

 
441

 
1,921

Net Income – YUM! Brands, Inc.
 
362

 
235

 
421

 
275

 
1,293

Basic earnings per common share
 
0.83

 
0.54

 
0.97

 
0.64

 
2.97

Diluted earnings per common share
 
0.81

 
0.53

 
0.95

 
0.63

 
2.92

Dividends declared per common share
 

 
0.82

 

 
0.92

 
1.74


 
 
2014
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
Total
Revenues:
 
 
 
 
 
 
 
 
 
 
Company sales
 
$
2,292

 
$
2,758

 
$
2,891

 
$
3,383

 
$
11,324

Franchise and license fees and income
 
432

 
446

 
463

 
614

 
1,955

Total revenues
 
2,724

 
3,204

 
3,354

 
3,997

 
13,279

Restaurant profit
 
441

 
428

 
429

 
344

 
1,642

Operating Profit(b)
 
571

 
479

 
550

 
(43
)
 
1,557

Net Income – YUM! Brands, Inc.
 
399

 
334

 
404

 
(86
)
 
1,051

Basic earnings per common share
 
0.89

 
0.75

 
0.91

 
(0.20
)
 
2.37

Diluted earnings per common share
 
0.87

 
0.73

 
0.89

 
(0.20
)
 
2.32

Dividends declared per common share
 
0.37

 
0.37

 

 
0.82

 
1.56


(a)
Includes losses associated with refranchising of equity markets outside of the U.S. of $73 million, $20 million and $3 million in the second, third and fourth quarters, respectively, costs associated with the KFC U.S. Acceleration Agreement of $2 million, $8 million, $21 million and $41 million in the first, second, third and fourth quarters, respectively, and net U.S. refranchising gains of $7 million, $1 million, $16 million and $51 million in the first, second, third and fourth quarters, respectively. See Note 4.

(b)
Includes a non-cash charge of $463 million in the fourth quarter related primarily to the impairment of Little Sheep intangible assets. See Note 4.