2022 Q3 Form 10-Q Financial Statement
#000095017022015707 Filed on August 09, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2021 Q4 |
---|---|---|---|
Revenue | $2.685B | $2.128B | $2.291B |
YoY Change | 5.13% | -13.18% | 1.42% |
Cost Of Revenue | $1.466B | $1.237B | $1.402B |
YoY Change | -3.17% | -10.75% | 9.7% |
Gross Profit | $1.219B | $891.0M | $889.0M |
YoY Change | 17.21% | -16.34% | -9.38% |
Gross Profit Margin | 45.4% | 41.87% | 38.8% |
Selling, General & Admin | $848.0M | $745.0M | $824.0M |
YoY Change | 1.56% | -5.58% | 10.75% |
% of Gross Profit | 69.57% | 83.61% | 92.69% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $150.0M | $153.0M | $136.0M |
YoY Change | 17.19% | 23.39% | 10.57% |
% of Gross Profit | 12.31% | 17.17% | 15.3% |
Operating Expenses | $899.0M | $772.0M | $860.0M |
YoY Change | 3.33% | -5.62% | 10.4% |
Operating Profit | $320.0M | $81.00M | $29.00M |
YoY Change | 79.78% | -65.24% | -85.64% |
Interest Expense | $10.00M | $34.00M | $23.00M |
YoY Change | -176.92% | 3.03% | -51.06% |
% of Operating Profit | 3.13% | 41.98% | 79.31% |
Other Income/Expense, Net | -$24.00M | -$24.00M | -$14.00M |
YoY Change | 140.0% | 140.0% | |
Pretax Income | $326.0M | $115.0M | $635.0M |
YoY Change | 110.32% | -55.25% | 183.48% |
Income Tax | $97.00M | $31.00M | $159.0M |
% Of Pretax Income | 29.75% | 26.96% | 25.04% |
Net Earnings | $206.0M | $83.00M | $475.0M |
YoY Change | 98.08% | -54.14% | 214.57% |
Net Earnings / Revenue | 7.67% | 3.9% | 20.73% |
Basic Earnings Per Share | $0.49 | $0.20 | |
Diluted Earnings Per Share | $485.8K | $0.20 | $1.102M |
COMMON SHARES | |||
Basic Shares Outstanding | 419.6M | 421.0M | |
Diluted Shares Outstanding | 424.0M | 424.0M |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2021 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.037B | $3.653B | $3.996B |
YoY Change | -7.77% | -15.98% | -6.26% |
Cash & Equivalents | $1.211B | $1.147B | $1.136B |
Short-Term Investments | $2.826B | $2.506B | $2.860B |
Other Short-Term Assets | $286.0M | $444.0M | $176.0M |
YoY Change | 56.28% | 153.71% | 36.43% |
Inventory | $321.0M | $353.0M | $432.0M |
Prepaid Expenses | |||
Receivables | $66.00M | $79.00M | $67.00M |
Other Receivables | $0.00 | $47.00M | $45.00M |
Total Short-Term Assets | $4.710B | $4.576B | $4.716B |
YoY Change | -7.32% | -9.21% | -4.46% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $4.119B | $2.065B | $2.251B |
YoY Change | 115.65% | 13.34% | 27.54% |
Goodwill | $1.927B | $2.047B | $2.142B |
YoY Change | 124.59% | 143.4% | 157.45% |
Intangibles | $176.0M | $213.0M | $272.0M |
YoY Change | -19.27% | -6.58% | 10.57% |
Long-Term Investments | $256.0M | $484.0M | $515.0M |
YoY Change | -52.15% | -13.88% | 505.88% |
Other Assets | $508.0M | $457.0M | $832.0M |
YoY Change | -34.37% | -42.44% | 11.08% |
Total Long-Term Assets | $6.986B | $7.478B | $8.507B |
YoY Change | 8.75% | 19.38% | 43.24% |
TOTAL ASSETS | |||
Total Short-Term Assets | $4.710B | $4.576B | $4.716B |
Total Long-Term Assets | $6.986B | $7.478B | $8.507B |
Total Assets | $11.70B | $12.05B | $13.22B |
YoY Change | 1.65% | 6.63% | 21.59% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $673.0M | $730.0M | $830.0M |
YoY Change | -10.98% | 2.53% | 17.23% |
Accrued Expenses | $933.0M | $948.0M | $1.131B |
YoY Change | -8.53% | -3.66% | 17.57% |
Deferred Revenue | $152.0M | $174.0M | $182.0M |
YoY Change | -8.43% | 1.16% | 4.0% |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $4.000M | $4.000M | $3.000M |
YoY Change | 33.33% | 100.0% | 50.0% |
Total Short-Term Liabilities | $2.104B | $2.153B | $2.383B |
YoY Change | -4.1% | 1.75% | 15.29% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $36.00M | $39.00M | $40.00M |
YoY Change | 5.88% | 39.29% | 42.86% |
Other Long-Term Liabilities | $2.018B | $160.0M | $167.0M |
YoY Change | 1087.06% | 0.63% | 0.0% |
Total Long-Term Liabilities | $2.054B | $160.0M | $167.0M |
YoY Change | 1108.24% | 0.63% | 0.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.104B | $2.153B | $2.383B |
Total Long-Term Liabilities | $2.054B | $160.0M | $167.0M |
Total Liabilities | $5.278B | $4.752B | $5.301B |
YoY Change | 14.02% | 6.17% | 20.37% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.228B | $2.083B | $2.892B |
YoY Change | -9.72% | -13.75% | 37.39% |
Common Stock | $4.408B | $4.402B | $4.695B |
YoY Change | -5.91% | -5.92% | 0.79% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $6.418B | $6.529B | $7.056B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $11.70B | $12.05B | $13.22B |
YoY Change | 1.65% | 6.63% | 21.59% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2021 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $206.0M | $83.00M | $475.0M |
YoY Change | 98.08% | -54.14% | 214.57% |
Depreciation, Depletion And Amortization | $150.0M | $153.0M | $136.0M |
YoY Change | 17.19% | 23.39% | 10.57% |
Cash From Operating Activities | $720.0M | $438.0M | $57.00M |
YoY Change | 139.2% | -0.9% | -73.49% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$162.0M | -$142.0M | -$207.0M |
YoY Change | -9.5% | 2.9% | 53.33% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$379.0M | $77.00M | $95.00M |
YoY Change | -906.38% | -161.11% | -114.82% |
Cash From Investing Activities | -$541.0M | -$65.00M | -$112.0M |
YoY Change | 309.85% | -75.38% | -85.57% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -70.00M | -239.0M | -93.00M |
YoY Change | -30.69% | 273.44% | 8.14% |
NET CHANGE | |||
Cash From Operating Activities | 720.0M | 438.0M | 57.00M |
Cash From Investing Activities | -541.0M | -65.00M | -112.0M |
Cash From Financing Activities | -70.00M | -239.0M | -93.00M |
Net Change In Cash | 109.0M | 134.0M | -148.0M |
YoY Change | 60.29% | 17.54% | -77.13% |
FREE CASH FLOW | |||
Cash From Operating Activities | $720.0M | $438.0M | $57.00M |
Capital Expenditures | -$162.0M | -$142.0M | -$207.0M |
Free Cash Flow | $882.0M | $580.0M | $264.0M |
YoY Change | 83.75% | 0.0% | -24.57% |
Facts In Submission
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-41000000 | |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
15000000 | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-29000000 | ||
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
27000000 | ||
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-156000000 | |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
236000000 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-45000000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
449000000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
193000000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
436000000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
317000000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
252000000 | ||
yumc |
Non Cash Operating Lease Cost
NonCashOperatingLeaseCost
|
230000000 | ||
yumc |
Non Cash Operating Lease Cost
NonCashOperatingLeaseCost
|
204000000 | ||
yumc |
Closures And Impairment Expenses
ClosuresAndImpairmentExpenses
|
16000000 | ||
yumc |
Closures And Impairment Expenses
ClosuresAndImpairmentExpenses
|
11000000 | ||
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-17000000 | ||
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-4000000 | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
27000000 | ||
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
21000000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-7000000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
29000000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21000000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5000000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-59000000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-22000000 | ||
yumc |
Increase Decrease In Prepaid Expenses Other Current Assets And Vat Assets
IncreaseDecreaseInPrepaidExpensesOtherCurrentAssetsAndVatAssets
|
-24000000 | ||
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1147000000 | |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1136000000 | |
yumc |
Increase Decrease In Prepaid Expenses Other Current Assets And Vat Assets
IncreaseDecreaseInPrepaidExpensesOtherCurrentAssetsAndVatAssets
|
-8000000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-51000000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
16000000 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
6000000 | ||
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
1000000 | ||
yumc |
Increase Decrease In Operating Lease Liabilities Non Current
IncreaseDecreaseInOperatingLeaseLiabilitiesNonCurrent
|
-198000000 | ||
yumc |
Increase Decrease In Operating Lease Liabilities Non Current
IncreaseDecreaseInOperatingLeaseLiabilitiesNonCurrent
|
-204000000 | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1000000 | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-20000000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
609000000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
773000000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
347000000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
303000000 | ||
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
2145000000 | ||
us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
2824000000 | ||
yumc |
Payment For Purchase Of Long Term Time Deposits
PaymentForPurchaseOfLongTermTimeDeposits
|
25000000 | ||
us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
2461000000 | ||
us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
2801000000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
23000000 | ||
us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
261000000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-2000000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-1000000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-52000000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-611000000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
400000000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
101000000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
101000000 | ||
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
23000000 | ||
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
14000000 | ||
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
18000000 | ||
us-gaap |
Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
|
6000000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1000000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-4000000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-513000000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-119000000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-33000000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
8000000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
11000000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
51000000 | ||
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1136000000 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1158000000 | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1147000000 | |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1209000000 | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
93000000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
150000000 | ||
yumc |
Capital Expenditures Included In Accounts Payables And Other Current Liabilities
CapitalExpendituresIncludedInAccountsPayablesAndOtherCurrentLiabilities
|
141000000 | ||
yumc |
Capital Expenditures Included In Accounts Payables And Other Current Liabilities
CapitalExpendituresIncludedInAccountsPayablesAndOtherCurrentLiabilities
|
185000000 | ||
CY2021Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
2860000000 | |
CY2022Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
79000000 | |
CY2022Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
2506000000 | |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
67000000 | |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
353000000 | |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
432000000 | |
CY2022Q2 | yumc |
Prepaid Expenses And Other Current Assets
PrepaidExpensesAndOtherCurrentAssets
|
491000000 | |
CY2021Q4 | yumc |
Prepaid Expenses And Other Current Assets
PrepaidExpensesAndOtherCurrentAssets
|
221000000 | |
CY2022Q2 | us-gaap |
Assets Current
AssetsCurrent
|
4576000000 | |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
4716000000 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2065000000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2251000000 | |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2306000000 | |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2612000000 | |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
2047000000 | |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
2142000000 | |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
213000000 | |
CY2021Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
272000000 | |
CY2022Q2 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
287000000 | |
CY2021Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
292000000 | |
CY2022Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
103000000 | |
CY2021Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
106000000 | |
CY2022Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
457000000 | |
CY2021Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
832000000 | |
CY2022Q2 | us-gaap |
Assets
Assets
|
12054000000 | |
CY2021Q4 | us-gaap |
Assets
Assets
|
13223000000 | |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2099000000 | |
CY2021Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2332000000 | |
CY2022Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
54000000 | |
CY2021Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
51000000 | |
CY2022Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2153000000 | |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2383000000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2000000000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2286000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
39000000 | |
CY2021Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
40000000 | |
CY2022Q2 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
400000000 | |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
425000000 | |
CY2022Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
160000000 | |
CY2021Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
167000000 | |
CY2022Q2 | us-gaap |
Liabilities
Liabilities
|
4752000000 | |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
5301000000 | |
CY2022Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
13000000 | |
CY2021Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
14000000 | |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000 | |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
2128000000 | |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
2451000000 | |
us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | ||
us-gaap |
Revenues
Revenues
|
4796000000 | ||
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
420000000 | |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
449000000 | |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
420000000 | |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
428000000 | |
CY2022Q2 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
4000000 | |
CY2021Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
4000000 | |
CY2022Q2 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
0 | |
CY2021Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
803000000 | |
CY2022Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
4402000000 | |
CY2021Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
4695000000 | |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2083000000 | |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2892000000 | |
CY2022Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
40000000 | |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
268000000 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6529000000 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7056000000 | |
CY2022Q2 | us-gaap |
Minority Interest
MinorityInterest
|
760000000 | |
CY2021Q4 | us-gaap |
Minority Interest
MinorityInterest
|
852000000 | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7289000000 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7908000000 | |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
12054000000 | |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
13223000000 | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">Note 1 – Description of Business</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">Yum China Holdings, Inc. (“Yum China” and, together with its subsidiaries, the “Company,” “we,” “us” and “our”) was incorporated in </span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">Delaware</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> on </span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">April 1, 2016</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">The Company owns, franchises or has ownership in entities that own and operate restaurants (also referred to as “stores” or “units”) under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY and Taco Bell concepts (collectively, the “concepts”). In connection with the separation of the Company in 2016 from its former parent company, YUM! Brands, Inc. (“YUM”), a master license agreement was entered into between Yum Restaurants Consulting (Shanghai) Company Limited (“YCCL”), a wholly-owned indirect subsidiary of the Company, and YUM, through YRI China Franchising LLC, a subsidiary of YUM, effective from January 1, 2020 and previously through Yum! Restaurants Asia Pte. Ltd., another subsidiary of YUM, from October 31, 2016 to December 31, 2019. Pursuant to the master license agreement, we are the exclusive licensee of KFC, Pizza Hut and, subject to achieving certain agreed-upon milestones as amended in April 2022, Taco Bell brands and their related marks and other intellectual property rights for restaurant services in the People’s Republic of China (the “PRC” or “China”), excluding Hong Kong, Macau and Taiwan. The term of the license is </span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">50 years</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> from October 31, 2016 for the KFC and Pizza Hut brands and, subject to achieving certain agreed-upon milestones, </span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">50 years</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> from April 15, 2022 for the Taco Bell brand, with automatic renewals for additional consecutive renewal terms of </span><span style="font-size:10.0pt;font-family:Times New Roman;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">50</span></span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> years each, subject only to YCCL being in “good standing” and unless YCCL gives notice of its intent not to renew. In exchange, we pay a license fee to YUM equal to </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">3</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">% of net system sales from both our Company and franchise restaurants. We own the intellectual property of Little Sheep, Huang Ji Huang and COFFii & JOY, and pay no license fee related to these concepts.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">In the second quarter of 2020, the Company partnered with Luigi Lavazza S.p.A. (“Lavazza Group”), the world renowned family-owned Italian coffee company, and entered into a joint venture to explore and develop the Lavazza coffee shop concept in China. In September 2021, the Company and Lavazza Group entered into agreements for the previously formed joint venture (“Lavazza joint venture”) to accelerate the expansion of Lavazza coffee shops in China. Upon execution of these agreements, the Company controls and consolidates the joint venture with its </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">65</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">% equity interest. The acquisition was considered immaterial.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">During the fourth quarter of 2021, the Company completed its investment of a </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">28</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">% equity interest in Hangzhou Catering Service Group (“Hangzhou Catering”), for cash consideration of $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">255</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> million. Upon closing, the Company directly and indirectly holds an approximately </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">60</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">% equity interest in the Hangzhou KFC joint venture that operates KFC stores in and around Hangzhou, China (“Hangzhou KFC”), allowing the Company to consolidate Hangzhou KFC. The acquisition was considered immaterial.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.231458333333333;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> </span> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.231458333333333;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">As part of our strategy to drive growth from off-premise occasions, we have also developed our own retail brand operations, SoulFun, since 2018, which sells ready meals such as steak, fried rice and pasta through online and offline channels. The operating results of SoulFun are included in our e-commerce business operating segment.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">The Company has </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">two</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> reportable segments: KFC and Pizza Hut. Our remaining operating segments, including the operations of Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, East Dawning, Daojia and our e-commerce business, are combined and referred to as All Other Segments, as those operating segments are insignificant both individually and in the aggregate. East Dawning was severely impacted by the COVID-19 pandemic. As a result, the Company decided to wind down the operations of the brand in 2021. In the first quarter of 2022, the Company closed all </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">five</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> remaining East Dawning units in China. Additional details on our reportable operating segments are included in Note 14.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">The Company’s common stock is listed on the New York Stock Exchange (“NYSE”) under the symbol “YUMC”. On September 10, 2020, the Company completed a secondary listing of its common stock on the Main Board of the Hong Kong Stock Exchange (“HKEX”) under the stock code “9987”, in connection with a global offering of </span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">41,910,700</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> shares of its common stock. Net proceeds raised by the Company from the global offering after deducting underwriting fees and the offering expenses amounted to $</span><span style="font-size:10.0pt;font-family:Times New Roman;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">2.2</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> billion.</span></p> | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2016-04-01 | ||
yumc |
Additional Consecutive Renewal Terms Of License Agreement
AdditionalConsecutiveRenewalTermsOfLicenseAgreement
|
P50Y | ||
yumc |
Percentage Of License Fees On Net Sales
PercentageOfLicenseFeesOnNetSales
|
0.03 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | ||
yumc |
Number Of Units Closed
NumberOfUnitsClosed
|
5 | ||
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">Note 2 – Basis of Presentation</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">Our preparation of the accompanying Condensed Consolidated Financial Statements in conformity with Generally Accepted Accounting Principles in the United States of America (“GAAP”) requires us to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">We have prepared the Condensed Consolidated Financial Statements in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The Condensed Consolidated Financial Statements include all normal and recurring adjustments considered necessary to present fairly our financial position as of June 30, 2022, our results of operations and comprehensive income for the quarters and years to date ended June 30, 2022 and 2021, and cash flows for the years to date ended June 30, 2022 and 2021. Our results of operations, comprehensive income and cash flows for these interim periods are not necessarily indicative of the results to be expected for the full year. These statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K as filed with the SEC on February 28, 2022.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">Through the acquisition of Daojia, the Company also acquired a variable interest entity (“VIE”) and subsidiaries of the VIE effectively controlled by Daojia. There exists a parent-subsidiary relationship between Daojia and its VIE as a result of certain exclusive agreements that require Daojia to consolidate its VIE and subsidiaries of the VIE because Daojia is the primary beneficiary that possesses the power to direct the activities of the VIE that most significantly impact its economic performance, and is entitled to substantially all of the profits and has the obligation to absorb all of the expected losses of the VIE. The acquired VIE and its subsidiaries were considered immaterial, both individually and in the aggregate. The results of Daojia’s operations have been included in the Company’s Condensed Consolidated Financial Statements since the acquisition date.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.15;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">The results of the Lavazza joint venture and Hangzhou KFC’s operations have been included in the Company’s Condensed Consolidated Financial Statements since the acquisition dates.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><div style="font-size:10.0pt;font-family:Times New Roman;"><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;text-decoration:underline;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">Recently Adopted Accounting Pronouncements</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">In August 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-06, </span><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Debt — Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging — Contracts in Entity’s Own Equity (Subtopic 815-40)</span><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> (“ASU 2020-06”), which eliminates two of the three models in ASC 470-20 that require separate accounting for embedded conversion features and eliminates some of the conditions for equity classification in ASC 815-40 for contracts in an entity’s own equity. The guidance also requires entities to use the if-converted method for all convertible instruments in the diluted earnings per share calculation and generally requires them to include the effect of share settlement for instruments that may be settled in cash or shares. We adopted this standard on January 1, 2022, and such adoption did not have a material impact on our financial statements.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">In May 2021, the FASB issued ASU 2021-04, </span><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options</span><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> (“ASU 2021-04”). It requires issuers to account for a modification or exchange of freestanding equity-classified written call options that remain equity-classified after the modification or exchange based on the economic substance of the modification or exchange. We adopted this standard on January 1, 2022, and such adoption did not have a material impact on our financial statements.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="white-space:pre-wrap;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"/> </p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.2410416666666666;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;">In July 2021, the FASB issued ASU 2021-05, </span><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Lessors — Certain Leases with Variable Lease</span><span style="background-color:rgba(0,0,0,0);color:rgba(33,37,41,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;min-width:fit-content;"> (“ASU 2021-05”). It requires lessors to classify leases as operating leases if they have variable lease payments that do not depend on an index or rate and would have selling losses if they were classified as sales-type or direct financing leases. We adopted this standard on January 1, 2022, and such adoption did not have a material impact on our financial statements.</span></p></div> | ||
yumc |
Prepaid Gift Cards Expiration Period
PrepaidGiftCardsExpirationPeriod
|
P36M | ||
yumc |
Product Vouchers Maximum Expiration Period
ProductVouchersMaximumExpirationPeriod
|
P12M | ||
yumc |
Purchase Points Expiration Period
PurchasePointsExpirationPeriod
|
P18M | ||
us-gaap |
Revenues
Revenues
|
5008000000 | ||
yumc |
Period Within Date Of Corresponding Sales In Which Trade Receivables Are Classified As Accounts And Notes Receivable
PeriodWithinDateOfCorrespondingSalesInWhichTradeReceivablesAreClassifiedAsAccountsAndNotesReceivable
|
P30D | ||
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1000000 | |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1000000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2000000 | ||
CY2021 | us-gaap |
Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
|
0 | |
CY2022Q2 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
6000000 | |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
7000000 | |
CY2022Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
199000000 | |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
208000000 | |
CY2022Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
51000000 | |
CY2021Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
68000000 | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
86000000 | ||
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
101000000 | ||
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
83000000 | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
181000000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
183000000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
411000000 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
421000000 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
421000000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
423000000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
420000000 | ||
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
3000000 | |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
6000000 | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
4000000 | ||
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
6000000 | ||
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
8000000 | |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
8000000 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
424000000 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
435000000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
427000000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
434000000 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.43 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.98 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.42 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.43 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.95 | ||
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4000000 | |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2000000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4000000 | ||
CY2017Q1 | yumc |
Number Of Tranches Of Warrants
NumberOfTranchesOfWarrants
|
2 | |
yumc |
Stock Issued During Period Shares Upon Cashless Exercise Of Warrants
StockIssuedDuringPeriodSharesUponCashlessExerciseOfWarrants
|
7534316 | ||
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7694000000 | |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
83000000 | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-280000000 | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-197000000 | |
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
CY2022Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
50000000 | |
CY2022Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
-168000000 | |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
10000000 | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7289000000 | |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6601000000 | |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
193000000 | |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
58000000 | |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
251000000 | |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
CY2021Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
51000000 | |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
15000000 | |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6816000000 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7908000000 | |
us-gaap |
Profit Loss
ProfitLoss
|
193000000 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-267000000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-74000000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.24 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
101000000 | ||
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
81000000 | ||
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
18000000 | ||
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
-400000000 | ||
yumc |
Stock Issued During Period Value Stock Options Exercise And Vesting
StockIssuedDuringPeriodValueStockOptionsExerciseAndVesting
|
-2000000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
21000000 | ||
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7289000000 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6459000000 | |
us-gaap |
Profit Loss
ProfitLoss
|
436000000 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
40000000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
476000000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.24 | ||
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
101000000 | ||
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
39000000 | ||
yumc |
Stock Issued During Period Value Stock Options Exercise And Vesting
StockIssuedDuringPeriodValueStockOptionsExerciseAndVesting
|
-4000000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
25000000 | ||
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6816000000 | |
CY2022Q2 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
2400000000 | |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
9000000 | ||
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
400000000 | ||
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
0 | ||
CY2022Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
1200000000 | |
CY2021Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
832000000 | |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
81000000 | |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
233000000 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
272000000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
575000000 | ||
CY2021Q2 | yumc |
Income Loss From Equity Method Investments Excluding Nonoperating Income From Investments In Joint Venture
IncomeLossFromEquityMethodInvestmentsExcludingNonoperatingIncomeFromInvestmentsInJointVenture
|
-10000000 | |
yumc |
Income Loss From Equity Method Investments Excluding Nonoperating Income From Investments In Joint Venture
IncomeLossFromEquityMethodInvestmentsExcludingNonoperatingIncomeFromInvestmentsInJointVenture
|
-27000000 | ||
CY2022Q2 | yumc |
Amortization Of Reacquired Franchise Right
AmortizationOfReacquiredFranchiseRight
|
-24000000 | |
CY2021Q2 | yumc |
Amortization Of Reacquired Franchise Right
AmortizationOfReacquiredFranchiseRight
|
-10000000 | |
yumc |
Amortization Of Reacquired Franchise Right
AmortizationOfReacquiredFranchiseRight
|
-50000000 | ||
yumc |
Amortization Of Reacquired Franchise Right
AmortizationOfReacquiredFranchiseRight
|
-19000000 | ||
CY2021Q2 | yumc |
Foreign Exchange Gain Loss And Other Income Expense
ForeignExchangeGainLossAndOtherIncomeExpense
|
1000000 | |
yumc |
Foreign Exchange Gain Loss And Other Income Expense
ForeignExchangeGainLossAndOtherIncomeExpense
|
-1000000 | ||
yumc |
Foreign Exchange Gain Loss And Other Income Expense
ForeignExchangeGainLossAndOtherIncomeExpense
|
3000000 | ||
CY2022Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-24000000 | |
CY2021Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-1000000 | |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-49000000 | ||
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
5000000 | ||
CY2022Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
80000000 | |
CY2021Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
68000000 | |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1000000 | |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1000000 | |
CY2022Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
79000000 | |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
67000000 | |
CY2022Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
457000000 | |
CY2022Q2 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
303000000 | |
CY2022Q2 | yumc |
Receivables From Payment Processors And Aggregators
ReceivablesFromPaymentProcessorsAndAggregators
|
47000000 | |
CY2021Q4 | yumc |
Receivables From Payment Processors And Aggregators
ReceivablesFromPaymentProcessorsAndAggregators
|
45000000 | |
CY2022Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
141000000 | |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
176000000 | |
CY2022Q2 | yumc |
Prepaid Expenses And Other Current Assets
PrepaidExpensesAndOtherCurrentAssets
|
491000000 | |
CY2021Q4 | yumc |
Prepaid Expenses And Other Current Assets
PrepaidExpensesAndOtherCurrentAssets
|
221000000 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4480000000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4625000000 | |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2415000000 | |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2374000000 | |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2065000000 | |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2251000000 | |
CY2022Q2 | yumc |
Land Use Right Noncurrent
LandUseRightNoncurrent
|
129000000 | |
CY2021Q4 | yumc |
Land Use Right Noncurrent
LandUseRightNoncurrent
|
138000000 | |
CY2022Q2 | us-gaap |
Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
|
104000000 | |
CY2021Q4 | us-gaap |
Equity Securities Fvni Noncurrent
EquitySecuritiesFVNINoncurrent
|
122000000 | |
CY2022Q2 | yumc |
Long Term Deposits
LongTermDeposits
|
93000000 | |
CY2021Q4 | yumc |
Long Term Deposits
LongTermDeposits
|
101000000 | |
CY2022Q2 | yumc |
Investment In Long Term Time Deposits
InvestmentInLongTermTimeDeposits
|
87000000 | |
CY2021Q4 | yumc |
Investment In Long Term Time Deposits
InvestmentInLongTermTimeDeposits
|
90000000 | |
CY2022Q2 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
6000000 | |
CY2021Q4 | us-gaap |
Capitalized Contract Cost Net
CapitalizedContractCostNet
|
7000000 | |
CY2022Q2 | us-gaap |
Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
|
3000000 | |
CY2021Q4 | us-gaap |
Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
|
322000000 | |
CY2022Q2 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
35000000 | |
CY2021Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
52000000 | |
CY2022Q2 | us-gaap |
Goodwill Gross
GoodwillGross
|
2438000000 | |
CY2022Q2 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
391000000 | |
CY2022Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
730000000 | |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
830000000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
473000000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
508000000 | |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
234000000 | |
CY2021Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
283000000 | |
CY2022Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
174000000 | |
CY2021Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
182000000 | |
CY2022Q2 | us-gaap |
Construction Payable Current
ConstructionPayableCurrent
|
141000000 | |
CY2021Q4 | us-gaap |
Construction Payable Current
ConstructionPayableCurrent
|
269000000 | |
CY2022Q2 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
105000000 | |
CY2021Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
38000000 | |
CY2022Q2 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
100000000 | |
CY2021Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
71000000 | |
CY2022Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
142000000 | |
CY2021Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
151000000 | |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2099000000 | |
CY2021Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2332000000 | |
CY2022Q2 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
49000000 | |
CY2021Q4 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
56000000 | |
CY2022Q2 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
25000000 | |
CY2021Q4 | us-gaap |
Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
|
26000000 | |
CY2022Q2 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
86000000 | |
CY2021Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
85000000 | |
CY2022Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
160000000 | |
CY2021Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
167000000 | |
CY2022Q2 | us-gaap |
Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
|
303000000 | |
CY2022Q2 | yumc |
Investment In Long Term Time Deposits
InvestmentInLongTermTimeDeposits
|
87000000 | |
CY2021Q4 | yumc |
Investment In Long Term Time Deposits
InvestmentInLongTermTimeDeposits
|
90000000 | |
us-gaap |
Maturity Of Time Deposits
MaturityOfTimeDeposits
|
P3Y | ||
CY2021 | us-gaap |
Maturity Of Time Deposits
MaturityOfTimeDeposits
|
P3Y | |
CY2021Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
2533000000 | |
CY2021Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
391000000 | |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
2142000000 | |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
16000000 | ||
us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-111000000 | ||
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
2047000000 | |
CY2021Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
40000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liabilities
OperatingAndFinanceLeaseLiabilities
|
2516000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
343000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
250000000 | |
CY2022Q2 | yumc |
Finite Lived Intangible Assets Accumulated Impairment Loss
FiniteLivedIntangibleAssetsAccumulatedImpairmentLoss
|
14000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
79000000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
356000000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
211000000 | |
CY2021Q4 | yumc |
Finite Lived Intangible Assets Accumulated Impairment Loss
FiniteLivedIntangibleAssetsAccumulatedImpairmentLoss
|
14000000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
131000000 | |
CY2022Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
134000000 | |
CY2022Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
134000000 | |
CY2021Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
141000000 | |
CY2021Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
141000000 | |
CY2022Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
477000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
250000000 | |
CY2022Q2 | yumc |
Finite Lived Intangible Assets Accumulated Impairment Loss
FiniteLivedIntangibleAssetsAccumulatedImpairmentLoss
|
14000000 | |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
213000000 | |
CY2021Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
497000000 | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
211000000 | |
CY2021Q4 | yumc |
Finite Lived Intangible Assets Accumulated Impairment Loss
FiniteLivedIntangibleAssetsAccumulatedImpairmentLoss
|
14000000 | |
CY2021Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
272000000 | |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
26000000 | |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
11000000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
52000000 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
21000000 | ||
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
49000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
4000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
2000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
2000000 | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2000000 | |
CY2022Q2 | us-gaap |
Number Of Restaurants
NumberOfRestaurants
|
10400 | |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2306000000 | |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
2612000000 | |
CY2022Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
34000000 | |
CY2021Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
33000000 | |
CY2022Q2 | yumc |
Operating And Finance Leased Assets
OperatingAndFinanceLeasedAssets
|
2340000000 | |
CY2021Q4 | yumc |
Operating And Finance Leased Assets
OperatingAndFinanceLeasedAssets
|
2645000000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
473000000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
508000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
4000000 | |
CY2021Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
3000000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2000000000 | |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2286000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
39000000 | |
CY2021Q4 | yumc |
Operating And Finance Lease Liabilities
OperatingAndFinanceLeaseLiabilities
|
2837000000 | |
CY2022Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
143000000 | |
CY2021Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
138000000 | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
300000000 | ||
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
274000000 | ||
CY2022Q2 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
1000000 | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
2000000 | ||
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
1000000 | ||
CY2022Q2 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
1000000 | |
CY2021Q2 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
1000000 | |
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
1000000 | ||
us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
1000000 | ||
CY2022Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
63000000 | |
CY2021Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
87000000 | |
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
159000000 | ||
us-gaap |
Variable Lease Cost
VariableLeaseCost
|
182000000 | ||
CY2022Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
4000000 | |
CY2021Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
3000000 | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
7000000 | ||
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
5000000 | ||
CY2022Q2 | us-gaap |
Sublease Income
SubleaseIncome
|
7000000 | |
CY2021Q2 | us-gaap |
Sublease Income
SubleaseIncome
|
6000000 | |
us-gaap |
Sublease Income
SubleaseIncome
|
13000000 | ||
us-gaap |
Sublease Income
SubleaseIncome
|
14000000 | ||
CY2022Q2 | us-gaap |
Lease Cost
LeaseCost
|
205000000 | |
CY2021Q2 | us-gaap |
Lease Cost
LeaseCost
|
223000000 | |
us-gaap |
Lease Cost
LeaseCost
|
456000000 | ||
us-gaap |
Lease Cost
LeaseCost
|
449000000 | ||
CY2022Q2 | yumc |
Lease Concessions
LeaseConcessions
|
11000000 | |
CY2021Q2 | yumc |
Lease Concessions
LeaseConcessions
|
2000000 | |
yumc |
Lease Concessions
LeaseConcessions
|
14000000 | ||
yumc |
Lease Concessions
LeaseConcessions
|
7000000 | ||
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
278000000 | ||
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
286000000 | ||
us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
1000000 | ||
us-gaap |
Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
|
1000000 | ||
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
2000000 | ||
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
1000000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
23000000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
215000000 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
3000000 | ||
CY2022Q2 | yumc |
Additional Lease Signed But Not Commenced With Total Undiscounted Minimum Lease Payments
AdditionalLeaseSignedButNotCommencedWithTotalUndiscountedMinimumLeasePayments
|
150000000 | |
CY2022Q2 | yumc |
Fair Value Equity Level1 To Level2 Transfer Amount
FairValueEquityLevel1ToLevel2TransferAmount
|
0 | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y1M6D | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y | |
CY2022Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P11Y4M24D | |
CY2021Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P10Y8M12D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.053 | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.058 | |
CY2022Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.053 | |
CY2021Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.057 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
327000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
3000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liability Payments Remainder Of Fiscal Year
OperatingAndFinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
330000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
513000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
6000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liability Payments Due Year One
OperatingAndFinanceLeaseLiabilityPaymentsDueYearOne
|
519000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
449000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
5000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liability Payments Due Year Two
OperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
|
454000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
382000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
5000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liability Payments Due Year Three
OperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
|
387000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
327000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
5000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liability Payments Due Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
|
332000000 | |
CY2022Q2 | yumc |
Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
|
980000000 | |
CY2022Q2 | yumc |
Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
|
33000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liability Payments Due After Year Four
OperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFour
|
1013000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
2978000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
57000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liability Payments Due
OperatingAndFinanceLeaseLiabilityPaymentsDue
|
3035000000 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
505000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
14000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liability Undiscounted Excess Amount
OperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
|
519000000 | |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2473000000 | |
CY2022Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
43000000 | |
CY2022Q2 | yumc |
Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
|
2516000000 | |
CY2021Q2 | yumc |
Fair Value Equity Level1 To Level2 Transfer Amount
FairValueEquityLevel1ToLevel2TransferAmount
|
0 | |
CY2022Q2 | yumc |
Fair Value Equity Level2 To Level1 Transfer Amount
FairValueEquityLevel2ToLevel1TransferAmount
|
0 | |
CY2021Q2 | yumc |
Fair Value Equity Level2 To Level1 Transfer Amount
FairValueEquityLevel2ToLevel1TransferAmount
|
0 | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
19000000 | ||
CY2022Q2 | us-gaap |
Assets
Assets
|
12054000000 | |
CY2021Q4 | us-gaap |
Assets
Assets
|
13223000000 | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
31000000 | |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
64000000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
86000000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
166000000 | ||
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.265 | |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.248 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.304 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.276 | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | ||
CY2022Q2 | us-gaap |
Revenues
Revenues
|
2128000000 | |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
2128000000 | |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
2451000000 | |
us-gaap |
Revenues
Revenues
|
4796000000 | ||
us-gaap |
Revenues
Revenues
|
5008000000 | ||
CY2022Q2 | yumc |
Unallocated Other Income Loss
UnallocatedOtherIncomeLoss
|
1000000 | |
CY2021Q2 | yumc |
Unallocated Other Income Loss
UnallocatedOtherIncomeLoss
|
-2000000 | |
yumc |
Unallocated Other Income Loss
UnallocatedOtherIncomeLoss
|
2000000 | ||
yumc |
Unallocated Other Income Loss
UnallocatedOtherIncomeLoss
|
-2000000 | ||
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
81000000 | |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
233000000 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
272000000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
575000000 | ||
CY2022Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
14000000 | |
CY2021Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
16000000 | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
26000000 | ||
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
31000000 | ||
CY2022Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
20000000 | |
CY2021Q2 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
8000000 | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-17000000 | ||
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-4000000 | ||
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
115000000 | |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
257000000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
281000000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
602000000 | ||
CY2022Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
22000000 | |
CY2021Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
16000000 | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
30000000 | ||
CY2015Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Contingencies Foreign
EffectiveIncomeTaxRateReconciliationTaxContingenciesForeign
|
0.10 | |
CY2015Q1 | yumc |
Percentage Of Tax Assessed On Difference Between Fair Market Value And Tax Basis
PercentageOfTaxAssessedOnDifferenceBetweenFairMarketValueAndTaxBasis
|
0.10 | |
CY2022Q2 | yumc |
Guarantees Outstanding Of Unconsolidated Affiliates
GuaranteesOutstandingOfUnconsolidatedAffiliates
|
0 |