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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows - Operating Activities    
Net Income (Loss) Attributable to Parent $ 280 $ 364
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent   (138)
Depreciation and amortization 70 73
Closures and impairment (income) expenses 1 2
Refranchising (gain) loss (111) 0
Contributions to defined benefit pension plans (7) (2)
Deferred income taxes 20 (5)
Excess tax benefits from share-based compensation   (11)
Share-based compensation expense 15 13
Changes in accounts and notes receivable 18 45
Changes in inventories 4 2
Changes in prepaid expenses and other current assets (5) 6
Changes in accounts payable and other current liabilities (48) (93)
Changes in income taxes payable 12 60
Other, net 39 (18)
Net Cash Provided by Operating Activities 288 309
Cash Flows - Investing Activities    
Capital spending (76) (80)
Proceeds from refranchising of restaurants 185 8
Other, net (5) 5
Net Cash Used in Investing Activities 104 (67)
Cash Flows - Financing Activities    
Proceeds from long-term debt 192 0
Repayments of long-term debt (200) (2)
Short-term borrowings by original maturity    
More than three months - proceeds 0 1,400
More than three months - payments 0 0
Three months or less, net 0 0
Repurchase shares of Common Stock (461) (925)
Dividends paid on Common Stock (106) (192)
Debt issuance costs (18) 0
Other, net (36) (11)
Net Cash Used in Financing Activities (629) (378)
Effect of Exchange Rates on Cash and Cash Equivalents 17 3
Cash and Cash Equivalents - Beginning of Period 725  
Cash and Cash Equivalents - End of Period 525  
Discontinued Operations [Member]    
Cash Flows - Operating Activities    
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 (138) [1]
Refranchising (gain) loss [1]   (3)
Net Cash Provided by Operating Activities 0 338
Cash Flows - Investing Activities    
Net Cash Used in Investing Activities $ 0 $ (128)
Short-term borrowings by original maturity    
Net transfers from discontinued operations 0 (43)
Net Cash Used in Financing Activities $ 0 $ 43
Continuing Operations [Member]    
Cash Flows - Operating Activities    
Closures and impairment (income) expenses 1 2
Refranchising (gain) loss (111) 0
Cash Flows - Financing Activities    
Revolving credit facilities, three months or less, net 0 (605)
Short-term borrowings by original maturity    
Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Continuing Operations (220) (133)
Cash, Cash Equivalents and Restricted Cash as presented in the Consolidated Statement of Cash Flows $ 611 $ 218
[1] Includes historical Yum China financial results from January 1, 2016 to February 29, 2016 plus an additional month of expense associated with the license fee paid to YUM to conform to the new YUM reporting calendar.