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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 11, 2016
Dec. 26, 2015
Current Assets    
Cash and cash equivalents $ 795 $ 737
Accounts and notes receivable, net 395 377
Inventories 255 229
Prepaid expenses and other current assets 332 241
Advertising cooperative assets, restricted 102 103
Total Current Assets 1,879 1,687
Property, plant and equipment, net 4,096 4,189
Goodwill 649 656
Intangible assets, net 264 271
Investments in unconsolidated affiliates 46 61
Other assets 528 521
Deferred income taxes 722 676
Total Assets 8,184 8,061
Current Liabilities    
Accounts payable and other current liabilities 2,016 1,985
Income taxes payable 122 77
Short-term borrowings 39 922
Advertising cooperative liabilities 102 103
Total Current Liabilities 2,279 3,087
Long-term debt 5,324 3,041
Other liabilities and deferred credits 912 958
Total Liabilities 8,515 7,086
Redeemable noncontrolling interest 0 6
Shareholders' Equity    
Common Stock, no par value, 750 shares authorized; 399 and 420 shares issued in 2016 and 2015, respectively 0 0
Retained earnings (123) 1,150
Accumulated other comprehensive income (loss) (266) (239)
Total Shareholders' Equity - YUM! Brands, Inc. (389) 911
Noncontrolling interests 58 58
Total Shareholders' Equity (331) 969
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders’ Equity $ 8,184 $ 8,061