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Reportable Operating Segments
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Reportable Operating Segments Reportable Operating Segments

We identify our operating segments based on management responsibility. The following tables summarize Revenues and Operating Profit for each of our reportable operating segments:
 
Quarter ended
 
Year to date
Revenues
2017
 
2016
 
2017
 
2016
KFC Division
$
794

 
$
787

 
$
2,296

 
$
2,302

Pizza Hut Division
203

 
251

 
659

 
799

Taco Bell Division
442


481

 
1,349


1,371

Unallocated
(3
)
 
(1
)
 
(3
)
 
(2
)
 
$
1,436


$
1,518


$
4,301


$
4,470

 
Quarter ended
 
Year to date
Operating Profit
2017
 
2016
 
2017
 
2016
KFC Division
$
260


$
230


$
710


$
618

Pizza Hut Division
82


84


250


256

Taco Bell Division
147


143

 
440


400

Unallocated restaurant costs(a)
5

 

 
5

 

Unallocated Franchise and license fees and income(b)
(3
)
 
(1
)
 
(3
)
 
(2
)
Unallocated Franchise and license expenses(b)
(5
)
 
1

 
(21
)
 
(15
)
Unallocated and General and administrative expenses(c)
(45
)
 
(78
)
 
(167
)
 
(180
)
Unallocated Refranchising gain (loss) (See Note 5)
201

 
21

 
331

 
75

Unallocated Other income (expense)
1


(2
)

1


10

Operating Profit
$
643


$
398


$
1,546


$
1,162

Other pension income (expense) (See Note 10)
(10
)
 
1

 
(42
)
 
2

Interest expense, net
(109
)

(98
)

(322
)

(191
)
Income from continuing operations before income taxes
$
524


$
301


$
1,182


$
973



(a)
Represents depreciation reductions arising from KFC restaurants we offered to sell. See Note 5.

(b)
Represents costs associated with the KFC U.S. Acceleration Agreement and the Pizza Hut U.S. Transformation Agreement. See Note 5.

(c)
Amounts include charges associated with YUM's Strategic Transformation Initiatives of $4 million and $15 million for the quarter and year to date ended September 30, 2017, respectively, and $30 million and $34 million, respectively, for the quarter and year to date ended September 30, 2016. Year to date 2017 amounts also include non-cash charges associated with share-based compensation of $18 million. See Note 5.