2020 Q4 Form 10-K Financial Statement

#000104106121000012 Filed on February 22, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019 Q4
Revenue $1.743B $5.652B $1.694B
YoY Change 2.89% 0.98% 8.73%
Cost Of Revenue $925.0M $1.506B $868.0M
YoY Change 6.57% 21.94% 7.03%
Gross Profit $818.0M $4.146B $826.0M
YoY Change -0.97% -4.95% 10.58%
Gross Profit Margin 46.93% 73.35% 48.76%
Selling, General & Admin $336.0M $1.028B $300.0M
YoY Change 12.0% 12.1% 16.28%
% of Gross Profit 41.08% 24.79% 36.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $46.00M $146.0M $28.00M
YoY Change 64.29% 30.36% -17.65%
% of Gross Profit 5.62% 3.52% 3.39%
Operating Expenses $352.0M $4.149B $299.0M
YoY Change 17.73% 13.14% 17.25%
Operating Profit $482.0M $1.503B $546.0M
YoY Change -11.72% -22.12% -26.32%
Interest Expense -$109.0M -$451.0M -$149.0M
YoY Change -26.85% -18.3% -50.0%
% of Operating Profit -22.61% -30.01% -27.29%
Other Income/Expense, Net -$4.000M -$12.00M $0.00
YoY Change 200.0% -100.0%
Pretax Income $352.0M $1.020B $397.0M
YoY Change -11.34% -25.71% -9.57%
Income Tax $20.00M $116.0M -$91.00M
% Of Pretax Income 5.68% 11.37% -22.92%
Net Earnings $332.0M $904.0M $488.0M
YoY Change -31.97% -30.14% 46.11%
Net Earnings / Revenue 19.05% 15.99% 28.81%
Basic Earnings Per Share $1.10 $2.99 $1.61
Diluted Earnings Per Share $1.08 $2.94 $1.58
COMMON SHARES
Basic Shares Outstanding 302.0M shares 302.5M shares
Diluted Shares Outstanding 307.0M shares

Balance Sheet

Concept 2020 Q4 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $730.0M $730.0M $605.0M
YoY Change 20.66% 20.66% 107.19%
Cash & Equivalents $730.0M $730.0M $605.0M
Short-Term Investments
Other Short-Term Assets $390.0M $390.0M $299.0M
YoY Change 30.43% 30.43% -5.97%
Inventory
Prepaid Expenses
Receivables $534.0M $534.0M $584.0M
Other Receivables $35.00M $35.00M $39.00M
Total Short-Term Assets $1.689B $1.689B $1.527B
YoY Change 10.61% 10.61% 26.51%
LONG-TERM ASSETS
Property, Plant & Equipment $1.235B $2.086B $1.170B
YoY Change 5.56% 15.12% -5.42%
Goodwill $597.0M $530.0M
YoY Change 12.64% 0.95%
Intangibles $343.0M $244.0M
YoY Change 40.57% 0.83%
Long-Term Investments $0.00 $0.00 $137.0M
YoY Change -100.0% -100.0% -35.98%
Other Assets $1.435B $1.137B $1.313B
YoY Change 9.29% 15.9% 81.35%
Total Long-Term Assets $4.163B $4.163B $3.704B
YoY Change 12.39% 12.39% 26.72%
TOTAL ASSETS
Total Short-Term Assets $1.689B $1.689B $1.527B
Total Long-Term Assets $4.163B $4.163B $3.704B
Total Assets $5.852B $5.852B $5.231B
YoY Change 11.87% 11.87% 26.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.092B $215.0M $173.0M
YoY Change 531.21% 24.28% -14.36%
Accrued Expenses $97.00M $518.0M $67.00M
YoY Change 44.78% 34.2%
Deferred Revenue
YoY Change
Short-Term Debt $453.0M $0.00 $431.0M
YoY Change 5.1% -100.0% 34.27%
Long-Term Debt Due $463.0M $453.0M $441.0M
YoY Change 4.99% 6.09% 33.23%
Total Short-Term Liabilities $1.675B $1.675B $1.541B
YoY Change 8.7% 8.7% 18.45%
LONG-TERM LIABILITIES
Long-Term Debt $10.27B $10.27B $10.13B
YoY Change 1.39% 1.39% 3.9%
Other Long-Term Liabilities $1.796B $1.796B $1.575B
YoY Change 14.03% 14.03% 56.87%
Total Long-Term Liabilities $1.796B $12.07B $1.575B
YoY Change 14.03% 3.09% 56.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.675B $1.675B $1.541B
Total Long-Term Liabilities $1.796B $12.07B $1.575B
Total Liabilities $13.74B $13.74B $13.25B
YoY Change 3.74% 3.74% 9.88%
SHAREHOLDERS EQUITY
Retained Earnings -$7.480B -$7.628B
YoY Change -1.94% 0.47%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$7.891B -$7.891B -$8.016B
YoY Change
Total Liabilities & Shareholders Equity $5.852B $5.852B $5.231B
YoY Change 11.87% 11.87% 26.66%

Cashflow Statement

Concept 2020 Q4 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $332.0M $904.0M $488.0M
YoY Change -31.97% -30.14% 46.11%
Depreciation, Depletion And Amortization $46.00M $146.0M $28.00M
YoY Change 64.29% 30.36% -17.65%
Cash From Operating Activities $452.0M $1.305B $432.0M
YoY Change 4.63% -0.76% 13.68%
INVESTING ACTIVITIES
Capital Expenditures -$61.00M $160.0M -$87.00M
YoY Change -29.89% -18.37% 0.0%
Acquisitions $408.0M
YoY Change
Other Investing Activities -$5.000M -$8.000M $53.00M
YoY Change -109.43% -500.0% -82.96%
Cash From Investing Activities -$66.00M -$335.0M -$34.00M
YoY Change 94.12% 280.68% -115.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $239.0M
YoY Change -70.67%
Debt Paid & Issued, Net $1.517B
YoY Change 358.31%
Cash From Financing Activities -762.0M -$738.0M -498.0M
YoY Change 53.01% -21.32% 8.5%
NET CHANGE
Cash From Operating Activities 452.0M $1.305B 432.0M
Cash From Investing Activities -66.00M -$335.0M -34.00M
Cash From Financing Activities -762.0M -$738.0M -498.0M
Net Change In Cash -376.0M $256.0M -100.0M
YoY Change 276.0% -12.93% -168.97%
FREE CASH FLOW
Cash From Operating Activities $452.0M $1.305B $432.0M
Capital Expenditures -$61.00M $160.0M -$87.00M
Free Cash Flow $513.0M $1.145B $519.0M
YoY Change -1.16% 2.32% 11.13%

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CY2019 us-gaap Net Income Loss
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23000000 USD
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CY2020Q4 us-gaap Allowance For Notes And Loans Receivable Current
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881000000 USD
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CY2020 us-gaap Nature Of Operations
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Description of Business<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Yum! Brands, Inc. and its Subsidiaries (collectively referred to herein as the “Company,” “YUM,” “we,” “us” or “our”) franchise or operate a system of over 50,000 restaurants in more than 150 countries and territories primarily under the concepts of KFC, Pizza Hut, Taco Bell and The Habit Burger Grill (collectively, the "Concepts"). The Company’s KFC, Pizza Hut and Taco Bell brands are global leaders of the chicken, pizza and Mexican-style food categories. The Habit Burger Grill, a concept we acquired on March 18, 2020, is a fast-casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. At December 31, 2020, 98% of our restaurants were owned and operated by franchisees. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Through our widely-recognized Concepts, we develop, operate or franchise a system of both traditional and non-traditional restaurants. The terms "franchise" or "franchisee" within these Consolidated Financial Statements are meant to describe third parties that operate units under either franchise or license agreements. Our traditional restaurants feature dine-in, carryout and, in some instances, drive-thru service. Non-traditional units include express units and kiosks which have a more limited menu and operate in non-traditional locations like malls, airports, gasoline service stations, train stations, subways, convenience stores, stadiums, amusement parks and colleges, where a full-scale traditional outlet would not be practical or efficient. As of December 31, 2020, over 35,000 of our restaurants are also currently offering delivery. We also operate or franchise multibrand units, where two or more of our Concepts are operated in a single unit.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2020, YUM consisted of four operating segments: </span></div><div style="text-align:justify"><span><br/></span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The KFC Division which includes our worldwide operations of the KFC concept</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Pizza Hut Division which includes our worldwide operations of the Pizza Hut concept</span></div><div style="padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">•</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:14.5pt">The Taco Bell Division which includes our worldwide operations of the Taco Bell concept</span></div>•The Habit Burger Grill Division which includes our worldwide operations of the Habit Burger Grill concept
CY2020Q4 us-gaap Number Of Stores
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50000 restaurants
CY2020Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
150 countries_and_territiories
CY2020Q4 yum Franchise Restaurant Ownership
FranchiseRestaurantOwnership
0.98
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 operating_segments
CY2020Q4 yum Future Lease Payments Due From Franchisees On Nominal Basis
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1000000000 USD
CY2019 us-gaap Fiscal Period
FiscalPeriod
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Fiscal Year.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">  YUM's fiscal year begins on January 1 and ends December 31 of each year, with each quarter comprised of three months. The majority of our U.S. subsidiaries and certain international subsidiaries operate on a weekly periodic calendar where the first three quarters of each fiscal year consists of 12 weeks and the fourth quarter consists of 16 weeks in fiscal years with 52 weeks and 17 weeks in fiscal years with 53 weeks. Our Habit Burger Grill subsidiaries, which we acquired on March 18, 2020, operate on a weekly periodic calendar where each quarter consists of 13 weeks, except in fiscal years with 53 weeks when the fourth quarter consists of 14 weeks. Our remaining international subsidiaries operate on a monthly calendar similar to that on which YUM operates. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Fiscal year 2019 included 53 weeks for our U.S. businesses and for our international subsidiaries that reported on a period calendar. The 53rd</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">week added $66 million to Total revenues, $24 million to Operating Profit and $17 million to Net Income in our 2019 Consolidated Statement of Income.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our next fiscal year scheduled to include a 53rd week is 2024.</span></div>
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-182000000 USD
CY2020 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We have reclassified certain items in the Consolidated Financial Statements for prior periods to be comparable with the classification for the fiscal year ended December 31, 2020. These reclassifications had no effect on previously reported Net Income.</span>
CY2020 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
0 USD
CY2020 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
0 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
68000000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
73000000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
96000000 USD
CY2020 yum Number Of Consecutive Years Used As Primary Indicator Of Potential Impairment Of Restaurant Assets
NumberOfConsecutiveYearsUsedAsPrimaryIndicatorOfPotentialImpairmentOfRestaurantAssets
2 Years
CY2020 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Guarantees.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">  We recognize, at inception of a guarantee, a liability for the fair value of certain obligations undertaken.  Additionally, effective January 1, 2020, we adopted ASU No. 2016-13 which required that we also recognize as a liability the expected credit losses over the life of such guarantees. As a result of the adoption of ASU No. 2016-13, we recorded a cumulative adjustment to Accumulated deficit of $8 million to establish such expected credit loss liability for our outstanding guarantees. </span>The majority of our guarantees are issued as a result of assigning our interest in obligations under operating leases as a condition to the refranchising of certain Company restaurants.  We recognize a liability for such lease guarantees upon refranchising and upon subsequent renewals of such leases when we remain secondarily liable.  The related expense and any subsequent changes are included in Refranchising (gain) loss.  Any expense and subsequent changes in the guarantees for other franchise support guarantees not associated with a refranchising transaction are included in Franchise and property expenses.
CY2020 yum Period Within Date Of Corresponding Sales In Which Trade Receivables Are Classified As Accounts And Notes Receivable
PeriodWithinDateOfCorrespondingSalesInWhichTradeReceivablesAreClassifiedAsAccountsAndNotesReceivable
30 days
CY2020Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
579000000 USD
CY2019Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
656000000 USD
CY2019Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
72000000 USD
CY2020Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
534000000 USD
CY2019Q4 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
584000000 USD
CY2020 yum Numberofyearsnotesreceivableanddirectfinancingleasesareduewithinandwouldbeincludedinaccountsandnotesreceivable
Numberofyearsnotesreceivableanddirectfinancingleasesareduewithinandwouldbeincludedinaccountsandnotesreceivable
1 Years
CY2020 yum Numberofyearsnotesreceivableanddirectfinancingleasesarebeyondandwouldbeincludedinotherassets
Numberofyearsnotesreceivableanddirectfinancingleasesarebeyondandwouldbeincludedinotherassets
1 Years
CY2020Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
72000000 USD
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
5000000 USD
CY2019Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
68000000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1000000 USD
CY2020 yum Goodwill Written Off Related To Sale Of Business Unit Years From Acquisition
GoodwillWrittenOffRelatedToSaleOfBusinessUnitYearsFromAcquisition
2 Years
CY2020 yum Fair Value Goodwill Written Off Related To Sale Of Business Unit Minimum Years Refranchised
FairValueGoodwillWrittenOffRelatedToSaleOfBusinessUnitMinimumYearsRefranchised
2 Years
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
96000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
28000000 USD
CY2020Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2020 yum Reclassificationof Retained Earningsto Common Stockfor Share Repurchase
ReclassificationofRetainedEarningstoCommonStockforShareRepurchase
179000000 USD
CY2019 yum Reclassificationof Retained Earningsto Common Stockfor Share Repurchase
ReclassificationofRetainedEarningstoCommonStockforShareRepurchase
796000000 USD
CY2018 yum Reclassificationof Retained Earningsto Common Stockfor Share Repurchase
ReclassificationofRetainedEarningstoCommonStockforShareRepurchase
2356000000 USD
CY2020Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
408000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
20000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
11000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
111000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
442000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
69000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
170000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther
1000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
240000000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
202000000 USD
CY2020Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
408000000 USD
CY2020 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Property Plant And Equipment
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentPropertyPlantAndEquipment
18000000 USD
CY2020 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Intangibles
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles
2000000 USD
CY2020Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
200000000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
904000000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
1294000000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
1542000000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
302000000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
306000000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
322000000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5000000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7000000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7000000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
307000000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
313000000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
329000000 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.99
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.23
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.80
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.94
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.14
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.69
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4800000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000.0 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000.0 shares
CY2020 yum Proceeds From Divestiture Of Businesses Including Noncash Consideration
ProceedsFromDivestitureOfBusinessesIncludingNoncashConsideration
19000000 USD
CY2019 yum Proceeds From Divestiture Of Businesses Including Noncash Consideration
ProceedsFromDivestitureOfBusinessesIncludingNoncashConsideration
110000000 USD
CY2018 yum Proceeds From Divestiture Of Businesses Including Noncash Consideration
ProceedsFromDivestitureOfBusinessesIncludingNoncashConsideration
825000000 USD
CY2020 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
31000000 USD
CY2019 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
6000000 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
34000000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
37000000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
540000000 USD
CY2020Q2 yum Charitable Contribution Authorized Spend
CharitableContributionAuthorizedSpend
100000000 USD
CY2020 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-206000000 USD
CY2020 us-gaap Revenues
Revenues
5652000000 USD
CY2019 us-gaap Revenues
Revenues
5597000000 USD
CY2018Q1 us-gaap Deferred Revenue
DeferredRevenue
414000000 USD
CY2019 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
70000000 USD
CY2019 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
93000000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
441000000 USD
CY2020 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
76000000 USD
CY2020 us-gaap Deferred Revenue Additions
DeferredRevenueAdditions
53000000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
415000000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
415000000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
480000000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
497000000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
455000000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
328000000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
283000000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
279000000 USD
CY2020 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
4000000 USD
CY2019 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
14000000 USD
CY2018 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
4000000 USD
CY2020 yum Capitalleaseandotherdebtobligationstransferredthroughrefranchising
Capitalleaseandotherdebtobligationstransferredthroughrefranchising
-1000000 USD
CY2019 yum Capitalleaseandotherdebtobligationstransferredthroughrefranchising
Capitalleaseandotherdebtobligationstransferredthroughrefranchising
-1000000 USD
CY2018 yum Capitalleaseandotherdebtobligationstransferredthroughrefranchising
Capitalleaseandotherdebtobligationstransferredthroughrefranchising
-24000000 USD
CY2020 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
31000000 USD
CY2019 yum Foreign Currency Transaction Gain Loss And Other Income Expense Before Tax
ForeignCurrencyTransactionGainLossAndOtherIncomeExpenseBeforeTax
-1000000 USD
CY2019 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
6000000 USD
CY2018 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
0 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
730000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
605000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
292000000 USD
CY2020Q4 yum Cash Cash Equivalentsand Restricted Cashaspresentedinthe Consolidated Statementof Cash Flows
CashCashEquivalentsandRestrictedCashaspresentedintheConsolidatedStatementofCashFlows
1024000000 USD
CY2019Q4 yum Cash Cash Equivalentsand Restricted Cashaspresentedinthe Consolidated Statementof Cash Flows
CashCashEquivalentsandRestrictedCashaspresentedintheConsolidatedStatementofCashFlows
768000000 USD
CY2018Q4 yum Cash Cash Equivalentsand Restricted Cashaspresentedinthe Consolidated Statementof Cash Flows
CashCashEquivalentsandRestrictedCashaspresentedintheConsolidatedStatementofCashFlows
474000000 USD
CY2020 yum Foreign Currency Transaction Gain Loss And Other Income Expense Before Tax
ForeignCurrencyTransactionGainLossAndOtherIncomeExpenseBeforeTax
-18000000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6000000 USD
CY2018 yum Foreign Currency Transaction Gain Loss And Other Income Expense Before Tax
ForeignCurrencyTransactionGainLossAndOtherIncomeExpenseBeforeTax
1000000 USD
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
172000000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
5000000 USD
CY2020 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-154000000 USD
CY2019 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-4000000 USD
CY2018 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-7000000 USD
CY2020Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
35000000 USD
CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
39000000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
258000000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
138000000 USD
CY2020Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
7000000 USD
CY2019Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
25000000 USD
CY2020Q4 yum Prepaid Expenses And Other Current Assets
PrepaidExpensesAndOtherCurrentAssets
125000000 USD
CY2019Q4 yum Prepaid Expenses And Other Current Assets
PrepaidExpensesAndOtherCurrentAssets
136000000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
425000000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
338000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
642000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2465000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2306000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1230000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1136000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1235000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1170000000 USD
CY2020 yum Depreciation And Amortization Expense Related To Property Plant And Equipment
DepreciationAndAmortizationExpenseRelatedToPropertyPlantAndEquipment
132000000 USD
CY2019 yum Depreciation And Amortization Expense Related To Property Plant And Equipment
DepreciationAndAmortizationExpenseRelatedToPropertyPlantAndEquipment
114000000 USD
CY2018 yum Depreciation And Amortization Expense Related To Property Plant And Equipment
DepreciationAndAmortizationExpenseRelatedToPropertyPlantAndEquipment
146000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
851000000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
421000000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
360000000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1435000000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1313000000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1189000000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
960000000 USD
CY2020 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
206000000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
525000000 USD
CY2019 yum Goodwill Disposals And Other Net
GoodwillDisposalsAndOtherNet
-5000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
530000000 USD
CY2020 yum Goodwill Disposals And Other Net
GoodwillDisposalsAndOtherNet
-5000000 USD
CY2020 yum Goodwill Acquired And Impaired During Period
GoodwillAcquiredAndImpairedDuringPeriod
62000000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
597000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
527000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
311000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
487000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
274000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
63000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
52000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
37000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
70000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
52000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
41000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
24000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
15000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
463000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
437000000 USD
CY2020Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
0 USD
CY2019Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
4000000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
463000000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
441000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
10000000 USD
CY2019Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
10000000 USD
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
453000000 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
431000000 USD
CY2020Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
72000000 USD
CY2019Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
77000000 USD
CY2020Q4 yum Longtermdebtandcapitallessobligationsexcludingcurrentmaturitiesanddebtissuancecosts
Longtermdebtandcapitallessobligationsexcludingcurrentmaturitiesanddebtissuancecosts
10813000000 USD
CY2019Q4 yum Longtermdebtandcapitallessobligationsexcludingcurrentmaturitiesanddebtissuancecosts
Longtermdebtandcapitallessobligationsexcludingcurrentmaturitiesanddebtissuancecosts
10648000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
78000000 USD
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
80000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
463000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
437000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
10272000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
10131000000 USD
CY2020 us-gaap Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
1.0250
CY2020 yum Revolving Credit Facilities Three Months Or Less Net
RevolvingCreditFacilitiesThreeMonthsOrLessNet
0 USD
CY2020Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
72000000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
88000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
455000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
424000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1626000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
36000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2452000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
5748000000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
10741000000 USD
CY2020 us-gaap Interest Expense Debt
InterestExpenseDebt
558000000 USD
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
519000000 USD
CY2018 us-gaap Interest Expense Debt
InterestExpenseDebt
496000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
137000000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
115000000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5000000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3000000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3000000 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3000000 USD
CY2020 yum Finance Lease Cost
FinanceLeaseCost
8000000 USD
CY2019 yum Finance Lease Cost
FinanceLeaseCost
6000000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
60000000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
69000000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
151000000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
133000000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
104000000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
3000000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
3000000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5000000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
296000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
79000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
4000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
14000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
851000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
642000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
40000000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
42000000 USD
CY2020Q4 yum Lease Rightof Use Asset
LeaseRightofUseAsset
891000000 USD
CY2019Q4 yum Lease Rightof Use Asset
LeaseRightofUseAsset
684000000 USD
CY2020Q4 yum Total Lease Liability
TotalLeaseLiability
992000000 USD
CY2019Q4 yum Total Lease Liability
TotalLeaseLiability
784000000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y1M6D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y3M18D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P12Y2M12D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P12Y8M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.051
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.056
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.065
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.066
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
9000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
128000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable Current
CapitalLeasesFutureMinimumPaymentsReceivableCurrent
3000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
80000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
10000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
133000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Two Years
CapitalLeasesFutureMinimumPaymentsReceivableInTwoYears
4000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
82000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
9000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
123000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Three Years
CapitalLeasesFutureMinimumPaymentsReceivableInThreeYears
4000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
80000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
8000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
115000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable In Four Years
CapitalLeasesFutureMinimumPaymentsReceivableInFourYears
4000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
76000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
8000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
103000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
CapitalLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
3000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
71000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
58000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
623000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable Due Thereafter
CapitalLeasesFutureMinimumPaymentsReceivableDueThereafter
27000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
599000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
102000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1225000000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Receivable
CapitalLeasesFutureMinimumPaymentsReceivable
45000000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
988000000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
30000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
305000000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Undiscounted Excess Amount
SalesTypeAndDirectFinancingLeasesLeaseReceivableUndiscountedExcessAmount
18000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
72000000 USD
CY2020Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received
CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived
27000000 USD
CY2020Q4 yum Yum Lessee Operating Lease Lease Not Yet Commenced Assumption And Judgment Value Of Underlying Liability Amount
YUM_LesseeOperatingLeaseLeaseNotYetCommencedAssumptionAndJudgmentValueOfUnderlyingLiabilityAmount
100000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P20Y
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.025
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M18D
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.010
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.025
CY2020 yum Maximum401 K Participant Contribution Of Eligible Compensation
Maximum401KParticipantContributionOfEligibleCompensation
0.75 Rate
CY2020 yum Company Match Of Participant Contribution Up To6 Of Eligible Compensation
CompanyMatchOfParticipantContributionUpTo6OfEligibleCompensation
1 Rate
CY2020 yum Maximum Company Match Of Participant Contribution Of Eligible Compensation
MaximumCompanyMatchOfParticipantContributionOfEligibleCompensation
0.06 Rate
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
10000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
11000000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
12000000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.240
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.220
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.220
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.019
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.018
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.018
CY2020Q4 yum Number Of Homogeneous Groups Used To Estimate Expected Term Of Stock Option And Sar Awards
NumberOfHomogeneousGroupsUsedToEstimateExpectedTermOfStockOptionAndSarAwards
2 groups
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
601000 shares
CY2020Q4 yum Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsOutstandingNumber
14960000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
66.89
CY2020Q4 yum Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsOutstandingWeightedAverageExercisePrice
74.83
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
97000000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
59000000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
50000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
18000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9000000 USD
CY2020 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
9000000 USD
CY2019 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
17000000 USD
CY2018 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
-2000000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10000000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
58000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
66000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
60000000 USD
CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2419000 shares
CY2019 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
7788000 shares
CY2018 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
28243000 shares
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
250000000 USD
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
810000000 USD
CY2018 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2394000000 USD
CY2020 yum Valueofsharerepurchaseswithtradedatesduringthecurrentreportingdatebutwithsettlementdatessubsequenttothecurrentreportingdate.
Valueofsharerepurchaseswithtradedatesduringthecurrentreportingdatebutwithsettlementdatessubsequenttothecurrentreportingdate.
11000000 USD
CY2020 yum Numberofsharesrepurchasedwithtradedatesduringthecurrentreportingdatebutwithsettlementdatessubsequenttothecurrentreportingdate.
Numberofsharesrepurchasedwithtradedatesduringthecurrentreportingdatebutwithsettlementdatessubsequenttothecurrentreportingdate.
100000 shares
CY2018 yum Valueofsharerepurchaseswithtradedatesduringthecurrentreportingdatebutwithsettlementdatessubsequenttothecurrentreportingdate.
Valueofsharerepurchaseswithtradedatesduringthecurrentreportingdatebutwithsettlementdatessubsequenttothecurrentreportingdate.
5000000 USD
CY2018 yum Numberofsharesrepurchasedwithtradedatesduringthecurrentreportingdatebutwithsettlementdatessubsequenttothecurrentreportingdate.
Numberofsharesrepurchasedwithtradedatesduringthecurrentreportingdatebutwithsettlementdatessubsequenttothecurrentreportingdate.
100000 shares
CY2020 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
14000000 USD
CY2020 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
4000000 USD
CY2020 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
4000000 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
2000000 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
5000000 USD
CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
3000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1373000000 USD
CY2020 yum Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansReclassificationAdjustmentsTax
2000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
684000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
466000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
726000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
336000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
907000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1113000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1020000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1839000000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
37000000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
129000000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
102000000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
121000000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
166000000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
181000000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
23000000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
16000000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
25000000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
181000000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
311000000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
308000000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-21000000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
8000000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3000000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-65000000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-16000000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-24000000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-29000000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-213000000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
5000000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-15000000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-232000000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
116000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
297000000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.010
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.009
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.008
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.009
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.009
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.046
CY2020 yum Effective Income Tax Rate Reconciliation Adjustments To Reserves And Prior Years
EffectiveIncomeTaxRateReconciliationAdjustmentsToReservesAndPriorYears
-0.017
CY2019 yum Effective Income Tax Rate Reconciliation Adjustments To Reserves And Prior Years
EffectiveIncomeTaxRateReconciliationAdjustmentsToReservesAndPriorYears
0.023
CY2018 yum Effective Income Tax Rate Reconciliation Adjustments To Reserves And Prior Years
EffectiveIncomeTaxRateReconciliationAdjustmentsToReservesAndPriorYears
0.028
CY2020 yum Effective Income Tax Rate Reconciliation Share Based Compensation
EffectiveIncomeTaxRateReconciliationShareBasedCompensation
-0.034
CY2019 yum Effective Income Tax Rate Reconciliation Share Based Compensation
EffectiveIncomeTaxRateReconciliationShareBasedCompensation
-0.036
CY2018 yum Effective Income Tax Rate Reconciliation Share Based Compensation
EffectiveIncomeTaxRateReconciliationShareBasedCompensation
-0.024
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.025
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.006
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.007
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Restructuring Charges
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseRestructuringCharges
-0.003
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Restructuring Charges
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseRestructuringCharges
-0.166
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Restructuring Charges
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseRestructuringCharges
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.025
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.019
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.007
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.014
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.114
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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CY2020 us-gaap Revenues
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CY2020Q4 us-gaap Assets
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CY2020Q4 yum Long Lived Assets
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CY2020 yum Litigation Nature
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ContingenciesLease GuaranteesAs a result of having assigned our interest in obligations under real estate leases as a condition to the refranchising of certain Company-owned restaurants, and guaranteeing certain other leases, we are frequently secondarily liable on lease agreements.  These leases have varying terms, the latest of which expires in 2065.  As of December 31, 2020, the potential amount of undiscounted payments we could be required to make in the event of non-payment by the primary lessee was approximately $425 million.  The present value of these potential payments discounted at our pre-tax cost of debt at December 31, 2020, was approximately $375 million.  Our franchisees are the primary lessees under the vast majority of these leases.  We generally have cross-default provisions with these franchisees that would put them in default of their franchise agreement in the event of non-payment under the lease.  We believe these cross-default provisions significantly reduce the risk that we will be required to make payments under these leases.  Accordingly, the liability recorded for our expected exposure under such leases at December 31, 2020, and December 31, 2019, was not material.Insurance ProgramsWe are self-insured for a substantial portion of our current and prior years’ coverage including property and casualty losses.  To mitigate the cost of our exposures for certain property and casualty losses, we self-insure the risks of loss up to defined maximum per occurrence retentions on a line-by-line basis.  The Company then purchases insurance coverage, up to a certain limit, for losses that exceed the self-insurance per occurrence retention.  The insurers’ maximum aggregate loss limits are significantly above our actuarially determined probable losses; therefore, we believe the likelihood of losses exceeding the insurers’ maximum aggregate loss limits is remote.The following table summarizes the 2020 and 2019 activity related to our net self-insured property and casualty reserves as of December 31, 2020. Beginning BalanceHabit Acquisition(a)ExpensePaymentsEnding Balance2020 Activity$54 6 13 (23)$50 2019 Activity$66 — 9 (21)$54 (a)    Represents self-insurance liabilities assumed as part of our acquisition of Habit Burger Grill. See Note 3.Due to the inherent volatility of actuarially determined property and casualty loss estimates, it is reasonably possible that we could experience changes in estimated losses which could be material to our growth in quarterly and annual Net Income.  We believe that we have recorded reserves for property and casualty losses at a level which has substantially mitigated the potential negative impact of adverse developments and/or volatility.In the U.S. and in certain other countries, we are also self-insured for healthcare claims and long-term disability for eligible participating employees subject to certain deductibles and limitations.  We have accounted for our retained liabilities for property and casualty losses, healthcare and long-term disability claims, including reported and incurred but not reported claims, based on information provided by independent actuaries.Legal Proceedings We are subject to various claims and contingencies related to lawsuits, real estate, environmental and other matters arising in the normal course of business. An accrual is recorded with respect to claims or contingencies for which a loss is determined to be probable and reasonably estimable.Yum! Restaurants India Private Limited (“YRIPL”), a YUM subsidiary that operates KFC and Pizza Hut restaurants in India, is the subject of a regulatory enforcement action in India (the “Action”). The Action alleges, among other things, that KFC International Holdings, Inc. and Pizza Hut International failed to satisfy certain conditions imposed by the Secretariat for Industrial Approval in 1993 and 1994 when those companies were granted permission for foreign investment and operation in India. The conditions at issue include an alleged minimum investment commitment and store build requirements as well as limitations on the remittance of fees outside of India.The Action originated with a complaint and show cause notice filed in 2009 against YRIPL by the Deputy Director of the Directorate of Enforcement (“DOE”) of the Indian Ministry of Finance following an income tax audit for the years 2002 and 2003. The matter was argued at various hearings in 2015, but no order was issued. Following a change in the incumbent official holding the position of Special Director of DOE (the “Special Director”), the matter resumed in 2018 and several additional hearings were conducted. On January 29, 2020, the Special Director issued an order imposing a penalty on YRIPL and certain former directors of approximately Indian Rupee 11 billion, or approximately $150 million. Of this amount, $145 million relates to the alleged failure to invest a total of $80 million in India within an initial seven-year period. We have been advised by external counsel that the order is flawed and have filed a writ petition with the Delhi High Court, which granted an interim stay of the penalty order on March 5, 2020. The stay order remains in effect, and the next hearing is scheduled for March 24, 2021. We deny liability and intend to continue vigorously defending this matter. We do not consider the risk of any significant loss arising from this order to be probable.We are currently engaged in various other legal proceedings and have certain unresolved claims pending, the ultimate liability for which, if any, cannot be determined at this time. However, based upon consultation with legal counsel, we are of the opinion that such proceedings and claims are not expected to have a material adverse effect, individually or in the aggregate, on our Consolidated Financial Statements.
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CY2020 us-gaap Revenues
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54000000 USD
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304000000 USD
CY2020Q1 us-gaap Operating Income Loss
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332000000 USD
CY2020 us-gaap Net Income Loss
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CY2020Q1 us-gaap Earnings Per Share Basic
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0.28
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0.68
CY2020Q3 us-gaap Earnings Per Share Basic
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0.94
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1.10
CY2020 us-gaap Earnings Per Share Basic
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2.99
CY2020Q1 us-gaap Earnings Per Share Diluted
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0.27
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EarningsPerShareDiluted
0.67
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EarningsPerShareDiluted
0.92
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EarningsPerShareDiluted
1.08
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.94
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
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0.47
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0.47
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0.47
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0.47
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.88
CY2019Q1 us-gaap Revenues
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1254000000 USD
CY2019Q2 us-gaap Revenues
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1310000000 USD
CY2019Q3 us-gaap Revenues
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1339000000 USD
CY2019Q4 us-gaap Revenues
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1694000000 USD
CY2019 us-gaap Revenues
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5597000000 USD
CY2019Q1 yum Restaurant Profit
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61000000 USD
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73000000 USD
CY2019Q3 yum Restaurant Profit
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72000000 USD
CY2019Q4 yum Restaurant Profit
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105000000 USD
CY2019 yum Restaurant Profit
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311000000 USD
CY2019Q1 us-gaap Operating Income Loss
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433000000 USD
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471000000 USD
CY2019Q3 us-gaap Operating Income Loss
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480000000 USD
CY2019Q4 us-gaap Operating Income Loss
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546000000 USD
CY2019 us-gaap Operating Income Loss
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1930000000 USD
CY2019Q1 us-gaap Net Income Loss
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262000000 USD
CY2019Q2 us-gaap Net Income Loss
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289000000 USD
CY2019Q3 us-gaap Net Income Loss
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255000000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
488000000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
1294000000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.94
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.61
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.23
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.58
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.14
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.68

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