XML 55 R16.htm IDEA: XBRL DOCUMENT v3.20.1
Pension Benefits
3 Months Ended
Mar. 31, 2020
Retirement Benefits [Abstract]  
Pension Benefits Pension Benefits

We sponsor qualified and supplemental (non-qualified) noncontributory defined benefit pension plans covering certain full-time salaried and hourly U.S. employees.  The most significant of these plans, the YUM Retirement Plan (the Plan), is funded. We fund our other U.S. plan as benefits are paid.  The Plan and our most significant non-qualified plan in the U.S. are closed to new salaried participants.  

The components of net periodic benefit cost associated with our significant U.S. pension plans are as follows:

 
Quarter ended
 
2020
 
2019
Service cost
$
2

 
$
2

Interest cost
9

 
10

Expected return on plan assets
(11
)
 
(11
)
Amortization of net loss
4

 

Amortization of prior service cost
1

 
1

Net periodic benefit cost
$
5

 
$
2

 
 
 
 
Additional loss recognized due to settlements(a)
$

 
$
2



(a)
Loss is a result of settlement transactions which exceeded the sum of annual service and interest costs for the applicable plan. These losses were recorded in Other pension (income) expense.