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Reportable Operating Segments
 12 Months Ended
Dec. 31, 2018
Reportable Operating Segments [Abstract]  
Reportable Operating Segments Reportable Operating Segments

See Note 1 for a description of our operating segments.
 
 
Revenues
 
 
2018
 
2017
 
2016
KFC Division(a)
 
$
2,644


$
3,110


$
3,225

Pizza Hut Division(a)
 
988


893


1,108

Taco Bell Division(a)
 
2,056

 
1,880

 
2,025

Unallocated(b)(f)
 
—

 
(5
)
 
(2
)
 
 
$
5,688


$
5,878


$
6,356



 
 
Operating Profit; Interest Expense, Net; and
Income Before Income Taxes
 
 
2018
 
2017
 
2016
KFC Division
 
$
959


$
981


$
871

Pizza Hut Division
 
348


341


367

Taco Bell Division
 
633

 
619

 
595

Corporate and unallocated G&A expenses(b)(g)
 
(171
)

(230
)

(280
)
Unallocated restaurant costs(b)(i)
 
3


10


—

Unallocated Franchise and property revenues(b)(f)
 
—

 
(5
)
 
(2
)
Unallocated Franchise and property expenses(b)(f)
 
(8
)
 
(30
)
 
(24
)
Unallocated Refranchising gain (loss)(b)
 
540


1,083


163

Unallocated Other income (expense)(b)(h)
 
(8
)

(8
)

(8
)
Operating Profit
 
2,296


2,761


1,682

Investment income (expense), net(b)
 
9

 
5

 
2

Other pension income (expense)(b)(j)
 
(14
)
 
(47
)
 
(32
)
Interest expense, net(b)
 
(452
)

(445
)

(307
)
Income from continuing operations before income taxes
 
$
1,839


$
2,274


$
1,345


 
 
Depreciation and Amortization
 
 
2018
 
2017
 
2016
KFC Division
 
$
58

 
$
138

 
$
172

Pizza Hut Division
 
10

 
26

 
36

Taco Bell Division
 
61

 
82

 
90

Corporate
 
8

 
7

 
12

 
 
$
137

 
$
253

 
$
310


 
 
Capital Spending
 
 
2018
 
2017
 
2016
KFC Division
 
$
105

 
$
176

 
$
216

Pizza Hut Division
 
38

 
42

 
69

Taco Bell Division
 
85

 
95

 
132

Corporate
 
6

 
5

 
10

 
 
$
234

 
$
318

 
$
427


 
 
Identifiable Assets(e)
 
 
2018
 
2017
KFC Division
 
$
1,481

 
$
1,791

Pizza Hut Division
 
701

 
628

Taco Bell Division
 
1,074

 
1,086

Corporate(c)
 
874

 
1,806

 
 
$
4,130

 
$
5,311


 
 
Long-Lived Assets(d)
 
 
2018
 
2017
KFC Division
 
$
868

 
$
1,200

Pizza Hut Division
 
384

 
311

Taco Bell Division
 
720

 
778

Corporate
 
32

 
31

 
 
$
2,004

 
$
2,320



(a)
U.S. revenues included in the combined KFC, Pizza Hut and Taco Bell Divisions totaled $2.9 billion in 2018, $2.8 billion in 2017 and $3.1 billion in 2016.

(b)    Amounts have not been allocated to any segment for performance reporting purposes.

(c)    Primarily includes cash, our Grubhub investment and deferred tax assets.

(d)    Includes PP&E, goodwill, and intangible assets, net.

(e)
U.S. identifiable assets included in the combined Corporate and KFC, Pizza Hut and Taco Bell Divisions totaled $2.0 billion and $3.0 billion in 2018 and 2017, respectively.

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

(g)
Amounts in 2018 include costs related to YUM's Strategic Transformation Initiatives of $8 million, partially offset by non-cash credits associated with modifications of share-based compensation awards of $3 million. Amounts in 2017 include costs related to YUM’s Strategic Transformation Initiatives of $21 million, non-cash charges associated with modifications of share-based compensation awards of $18 million and costs associated with the Pizza Hut U.S. Transformation Agreement of $13 million. See Note 5.
(h)
Amounts include losses associated with the sale of corporate aircraft related to YUM’s Strategic Transformation Initiatives of $2 million in 2017. See Note 7.
(i)
Represents depreciation reductions arising primarily from KFC restaurants that were held-for-sale. See Note 5.
(j)
Amounts in 2017 include a non-cash charge of $22 million related to the adjustment of certain historical deferred vested liability balances in our qualified U.S. plan. See Note 5.