Fiscal period | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
Period End Date | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 |
Company sales | 2,072.00 | 2,106.00 | 1,810.00 | 1,546.00 | 2,000.00 | 3,572.00 | 4,189.00 | 4,336.00 | 4,503.00 | 11,184.00 |
Franchise and property revenues | 3,096.00 | 2,900.00 | 2,510.00 | 2,660.00 | 2,482.00 | 2,306.00 | -- | 2,082.00 | 2,084.00 | 1,900.00 |
Franchise contributions for advertising and other services | 1,674.00 | 1,578.00 | 1,332.00 | 1,391.00 | 1,206.00 | -- | 2,167.00 | -- | -- | -- |
Total Revenues | 6,842.00 | 6,584.00 | 5,652.00 | 5,597.00 | 5,688.00 | 5,878.00 | 6,356.00 | 6,418.00 | 6,587.00 | 13,084.00 |
Food and paper | -- | -- | -- | -- | -- | -- | -- | 1,340.00 | 1,471.00 | 3,669.00 |
Occupancy and other operating expenses | -- | -- | -- | -- | -- | -- | -- | 1,162.00 | 1,227.00 | 3,333.00 |
Facility actions | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Company restaurant expenses | 1,745.00 | 1,725.00 | 1,506.00 | 1,235.00 | 1,634.00 | 2,954.00 | 3,489.00 | -- | -- | -- |
Payroll and employee benefits | -- | -- | -- | -- | -- | -- | -- | 1,125.00 | 1,172.00 | 2,499.00 |
General and administrative expenses | 1,140.00 | 1,060.00 | 1,064.00 | 917.00 | 895.00 | 999.00 | 1,129.00 | 1,058.00 | 1,028.00 | 1,412.00 |
Franchise advertising and other services expense | 1,667.00 | 1,576.00 | 1,314.00 | 1,368.00 | 1,208.00 | -- | -- | -- | -- | -- |
Franchise and license expenses | (123.00) | (117.00) | (145.00) | (180.00) | (188.00) | (237.00) | (201.00) | (240.00) | (159.00) | (158.00) |
Other income (expense) | (7.00) | (2.00) | (154.00) | (4.00) | (7.00) | (10.00) | (18.00) | (20.00) | (11.00) | 16.00 |
Refranchising gain (loss) | 27.00 | 35.00 | 34.00 | 37.00 | 540.00 | 1,083.00 | 163.00 | (23.00) | 16.00 | 100.00 |
Closures and impairment expenses | -- | -- | -- | -- | -- | -- | -- | (16.00) | (18.00) | (331.00) |
Wrench litigation income (expense) | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
AmeriServe and other (charges) credits | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Operating Income (Loss) | 2,187.00 | 2,139.00 | 1,503.00 | 1,930.00 | 2,296.00 | 2,761.00 | 1,682.00 | 1,434.00 | 1,517.00 | 1,798.00 |
Interest expense, net | 527.00 | 544.00 | 543.00 | 486.00 | 452.00 | 445.00 | 307.00 | 141.00 | 143.00 | 247.00 |
Investment (income) expense | 11.00 | 86.00 | 74.00 | (67.00) | 9.00 | 5.00 | 2.00 | -- | -- | -- |
Other pension (income) expense | (9.00) | (7.00) | (14.00) | (4.00) | (14.00) | (47.00) | (32.00) | (40.00) | -- | -- |
Income before income taxes | 1,662.00 | 1,674.00 | 1,020.00 | 1,373.00 | 1,839.00 | 2,274.00 | 1,345.00 | 1,253.00 | 1,374.00 | 1,551.00 |
Current- Foreign | -- | -- | -- | -- | -- | -- | -- | -- | -- | 330.00 |
Current: Federal | -- | -- | -- | -- | -- | -- | -- | -- | -- | 159.00 |
Current: State | -- | -- | -- | -- | -- | -- | -- | -- | -- | 22.00 |
Deferred:Federal | -- | -- | -- | -- | -- | -- | -- | -- | -- | 42.00 |
Income tax (benefit) provision | 337.00 | 99.00 | 116.00 | 79.00 | 297.00 | 934.00 | 327.00 | 327.00 | 368.00 | 487.00 |
Deferred: State | -- | -- | -- | -- | -- | -- | -- | -- | -- | (13.00) |
Deferred: Foreign | -- | -- | -- | -- | -- | -- | -- | -- | -- | (53.00) |
Income from Continuing Operations | -- | -- | -- | -- | -- | -- | 1,018.00 | 926.00 | 1,006.00 | -- |
Income (Loss) from discontinued operations | -- | -- | -- | -- | -- | -- | 625.00 | 357.00 | 45.00 | -- |
Income Before Cumulative Effect Of Accounting Change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of accounting change, net of tax | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Consolidated Net Income (Loss) | -- | -- | -- | -- | -- | -- | 1,643.00 | 1,283.00 | 1,051.00 | 1,064.00 |
Net Income - noncontrolling interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | (27.00) |
Net Income - YUM! Brands, Inc | 1,325.00 | 1,575.00 | 904.00 | 1,294.00 | 1,542.00 | 1,340.00 | 1,643.00 | 1,283.00 | 1,051.00 | 1,091.00 |
Basic (EPS) : Continuing operations | -- | -- | -- | -- | -- | -- | 2.58 | 2.13 | 2.27 | -- |
Basic (EPS) : Discontinued operations | -- | -- | -- | -- | -- | -- | 1.59 | 0.82 | 0.10 | -- |
Basic earnings per common share | 4.63 | 5.30 | 2.99 | 4.23 | 4.80 | 3.86 | 4.17 | 2.95 | 2.37 | 2.41 |
Diluted (EPS) : Continuing operations | -- | -- | -- | -- | -- | -- | 2.54 | 2.09 | 2.22 | -- |
Diluted (EPS) : Discontinued operations | -- | -- | -- | -- | -- | -- | 1.56 | 0.81 | 0.10 | -- |
Diluted earnings per common share | 4.57 | 5.21 | 2.94 | 4.14 | 4.69 | 3.77 | 4.10 | 2.90 | 2.32 | 2.36 |
Weighted Average Shares Outstanding (Basic) | 286.00 | 297.00 | 302.00 | 306.00 | 322.00 | 347.00 | 394.00 | 435.00 | 444.00 | 452.00 |
Weighted Average Shares Outstanding (Diluted) | 290.00 | 302.00 | 307.00 | 313.00 | 329.00 | 355.00 | 400.00 | 443.00 | 453.00 | 461.00 |