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Reportable Operating Segments
3 Months Ended
Jun. 30, 2018
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
2018
 
2017
 
2018
 
2017
KFC Division
$
651

 
$
770

 
$
1,309

 
$
1,502

Pizza Hut Division
233

 
222

 
484

 
456

Taco Bell Division
484


456

 
946


907

 
$
1,368


$
1,448


$
2,739


$
2,865

 
Quarter ended
 
Year to date
Operating Profit
2018
 
2017
 
2018
 
2017
KFC Division
$
235


$
243


$
456


$
450

Pizza Hut Division
81


85


169


168

Taco Bell Division
149


152

 
281


293

Corporate and unallocated G&A expenses(b)
(40
)
 
(69
)
 
(84
)
 
(122
)
Unallocated restaurant costs
1

 

 
1

 

Unallocated Franchise and property expenses(a)
(1
)
 
(13
)
 
(2
)
 
(16
)
Unallocated Refranchising gain (loss) (See Note 5)
29

 
19

 
185

 
130

Unallocated Other income (expense)
(5
)

2


(4
)


Operating Profit
$
449


$
419


$
1,002


$
903

Investment income (expense), net (See Note 5)
23

 
1

 
89

 
2

Other pension income (expense) (See Note 10)
(3
)
 
(4
)
 
(6
)
 
(32
)
Interest expense, net
(112
)

(105
)

(219
)

(215
)
Income before income taxes
$
357


$
311


$
866


$
658



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

(b)
Includes non-cash adjustments associated with share-based compensation and charges associated with YUM's Strategic Transformation Initiatives. See Note 5.