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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported)
                                February 1, 2005

                         Commission file number 1-13163

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                                YUM! BRANDS, INC.
             (Exact name of registrant as specified in its charter)

            North Carolina                                  13-3951308
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(State or other jurisdiction                               (IRS Employer
of incorporation or organization)                        Identification No.)


                 1441 Gardiner Lane, Louisville, Kentucky        40213
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                  (Address of principal executive offices)     (Zip Code)


       Registrant's telephone number, including area code: (502) 874-8300



        Former name or former address, if changed since last report: N/A

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d- 2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e- 4(c))

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Section 2 -  Financial Information

Item 2.02 Results of Operations and Financial Condition

     On February 1, 2005, YUM! Brands, Inc. issued a press release announcing
financial results for the quarter ended December 25, 2004. A copy of the press
release is attached hereto as Exhibit 99.1.

Section 9 - Financial Statements and Exhibits

     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits

     99.1 Press Release dated February 1, 2005 from YUM! Brands, Inc.










                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                         YUM! BRANDS, INC.
                                         (Registrant)



Date:    February 1,  2005               /s/ Gregory N. Moore
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                                          Senior Vice President and Controller
                                          (Principal Accounting Officer)