XML 53 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1
Items Affecting Comparability of Net Income and Cash Flows (Details 3) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Total Revenues $ 1,436 $ 1,518 $ 4,301 $ 4,470
Impact of retrospectively adopting new accounting guidance on Benefit Costs   1   2
Operating Profit 643 398 1,546 1,162
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent   218   710
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent   422   630
Net Income (Loss) Attributable to Parent $ 418 $ 640 $ 904 $ 1,340
Diluted Earnings Per Common Share $ 1.18 $ 1.62 $ 2.52 $ 3.27
Unallocated [Member]        
Total Revenues $ (3) $ (1) $ (3) $ (2)
General and Administrative Expense [Member] | Unallocated [Member]        
Costs Associated with strategic initiatives 4 30 15 34
Impact of change in reporting calendar [Member]        
Net Cash Provided by (Used in) Financing Activities       674
Discontinued Operations [Member]        
Net Cash Provided by Operating Activities     0 761
Net Cash Provided by (Used in) Investing Activities     0 (231)
Net Cash Provided by (Used in) Financing Activities     0 (186)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 0 $ 422 [1] 0 $ 630 [2]
Diluted Earnings Per Common Share   $ 1.07   $ 1.54
Continuing Operations [Member]        
Total Revenues 1,436 $ 1,518 4,301 $ 4,470
Net Cash Provided by Operating Activities     718 936
Net Cash Provided by (Used in) Investing Activities     489 (127)
Net Cash Provided by (Used in) Financing Activities     (1,029) 442
Operating Profit 643 398 1,546 1,162
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $ 418 $ 218 $ 904 $ 710
Diluted Earnings Per Common Share $ 1.18 $ 0.55 $ 2.52 $ 1.73
Excluding the impact of retrospectively adopting new accounting guidance [Member]        
Operating Profit [3]   $ 397   $ 1,160
Restatement Adjustment [Member]        
Total Revenues   17   128
Operating Profit   25   24
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent   14   1
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent   4   (13)
Net Income (Loss) Attributable to Parent   $ 18   $ (12)
Diluted Earnings Per Common Share   $ 0.06   $ (0.01)
Restatement Adjustment [Member] | Discontinued Operations [Member]        
Diluted Earnings Per Common Share   0.02   (0.02)
Restatement Adjustment [Member] | Continuing Operations [Member]        
Diluted Earnings Per Common Share   $ 0.04   $ 0.01
Scenario, Previously Reported [Member]        
Total Revenues   $ 1,501   $ 4,342
Operating Profit   372   1,136
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent   204   709
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent   418   643
Net Income (Loss) Attributable to Parent   $ 622   $ 1,352
Diluted Earnings Per Common Share   $ 1.56   $ 3.28
Scenario, Previously Reported [Member] | Discontinued Operations [Member]        
Diluted Earnings Per Common Share   1.05   1.56
Scenario, Previously Reported [Member] | Continuing Operations [Member]        
Diluted Earnings Per Common Share   $ 0.51   $ 1.72
[1] Includes historical Yum China financial results from June 1, 2016 to August 31, 2016.
[2] Includes historical Yum China financial results from January 1, 2016 to August 31, 2016, plus an additional month of expense associated with the license fee paid to YUM to conform to the new YUM reporting calendar.
[3] Amount does not reconcile to our Condensed Consolidated Statements of Income for the quarter and year to date ended September 30, 2016 due to the impact of retrospectively adopting a new accounting standard on Benefit Costs of $1 million and $2 million, respectively. See Note 1.