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Reportable Operating Segments
6 Months Ended
Jun. 30, 2020
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
2020
 
2019
 
2020
 
2019
KFC Division
$
409

 
$
584

 
$
975

 
$
1,150

Pizza Hut Division
235

 
246

 
470

 
489

Taco Bell Division
449


480

 
902


925

Habit Burger Grill Division
105

 

 
114

 

 
$
1,198


$
1,310


$
2,461


$
2,564


 
Quarter ended
 
Year to date
Operating Profit
2020
 
2019
 
2020
 
2019
KFC Division
$
153


$
261


$
377


$
497

Pizza Hut Division
87


96


163


193

Taco Bell Division
154


159

 
298


297

Habit Burger Grill Division
(6
)
 

 
(8
)
 

Corporate and unallocated G&A expenses(a)
(98
)
 
(38
)
 
(148
)
 
(81
)
Unallocated Company restaurant expenses

 

 
(1
)
 

Unallocated Franchise and property expenses
(1
)
 
(2
)
 
(3
)
 
(3
)
Unallocated Refranchising gain (loss)
8

 
4

 
21

 
10

Unallocated Other income (expense) (See Note 5)
3


(9
)

(149
)

(9
)
Operating Profit
$
300


$
471


$
550


$
904

Investment income (expense), net(b) 
91

 
25

 
57

 
9

Other pension income (expense) (See Note 10)
(2
)
 

 
(5
)
 
(3
)
Interest expense, net
(132
)

(119
)

(250
)

(234
)
Income before income taxes
$
257


$
377


$
352


$
676


Our chief operating decision maker (CODM) does not consider the impact of Corporate and unallocated amounts when assessing Divisional segment performance. As such, we do not allocate such amounts to our Divisional segments for performance reporting purposes.

(a)
Includes a $50 million contribution to Yum! Brands Foundation, Inc. (a stand-alone, not-for-profit organization that is not consolidated in the Company's results) in the second quarter of 2020 related to our "Unlocking Opportunity Initiative". Also included are costs related to our acquisition of Habit Burger Grill in the quarter and year to date ended June 30, 2020 of $3 million and $9 million, respectively.

(b)
Includes changes in the value of Grubhub, Inc. common stock and other investments (see Note 13).