Yum! Brands (YUM) 10-K 21 Feb 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Feb. 13, 2019	Jun. 30, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	YUM BRANDS INC
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Entity Central Index Key	1,041,061
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Public Float			$ 24,700,000,000
Entity Common Stock, Shares Outstanding		306,414,175
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Millions		3 Months Ended																12 Months Ended
		Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2017		Sep. 30, 2017		Jun. 30, 2017		Mar. 31, 2017		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Revenues
Total revenues																		$ 5,688				$ 6,356
Costs and Expenses, Net
Cost of Goods and Services Sold																		1,634
General and administrative expenses																		895
Franchisor Costs																		188		$ 237		201
Cooperative Advertising Expense																		1,208		0		0
Refranchising (gain) loss		$ (255)		$ (100)		$ (29)		$ (156)		$ (752)		$ (201)		$ (19)		$ (111)		(540)		(1,083)		(163)
Operating Profit																		2,296		2,761		1,682
Investment Income, Net																		(9)		(5)		(2)
Other Pension (income) expense	[1],[2]																	14		47		32
Interest expense, net	[1]																	452		445		307
Income from Continuing Operations Before Income Taxes																		1,839		2,274		1,345
Income tax provision																		297
Income from continuing operations																						1,018
Income from discontinued operations, net of tax																						625
Net Income										$ 436		$ 418		$ 206		$ 280		$ 1,542		$ 1,340		$ 1,643
Basic Earnings Per Common Share (in dollars per share)																		$ 4.80		$ 3.86		$ 4.17
Diluted Earnings Per Common Share (in dollars per share)																		4.69		3.77		4.10
Dividends Declared Per Common Share (in dollars per share)		$ 0.36		$ 0.36		$ 0.36		$ 0.36		$ 0.30		$ 0		$ 0.30		$ 0.30		$ 1.44		$ 0.90		$ 1.73
Continuing Operations [Member]
Revenues
Total revenues		$ 1,558		$ 1,391		$ 1,368		$ 1,371		$ 1,577		$ 1,436		$ 1,448		$ 1,417		$ 5,688		$ 5,878		$ 6,356
Costs and Expenses, Net
Cost of Goods and Services Sold																		1,634		2,954		3,489
General and administrative expenses																		895		999		1,129
Closures and impairment (income) expenses																		6		3		15
Refranchising (gain) loss																		(540)		(1,083)		(163)
Other (income) expense																		7		10		18
Operating Expenses																		3,392		3,117		4,674
Operating Profit		741	[3]	553	[3]	449	[3]	553	[3]	$ 1,215	[4]	$ 643	[4]	$ 419	[4]	$ 484	[4]	2,296	[3]	2,761	[4]	1,682
Other Pension (income) expense																		14		47		32
Interest expense, net																		452		445		307
Income from Continuing Operations Before Income Taxes																		1,839		2,274		1,345
Income tax provision																		297		934		327
Income from continuing operations		$ 334		$ 454		$ 321		$ 433										$ 1,542		$ 1,340		$ 1,018
Basic Earnings Per Common Share (in dollars per share)		$ 1.07		$ 1.43		$ 0.99		$ 1.30		$ 1.29		$ 1.21		$ 0.59		$ 0.78		$ 4.80		$ 3.86		$ 2.58
Diluted Earnings Per Common Share (in dollars per share)		$ 1.04		$ 1.40		$ 0.97		$ 1.27		$ 1.26		$ 1.18		$ 0.58		$ 0.77		$ 4.69		$ 3.77		$ 2.54
Discontinued Operations [Member]
Costs and Expenses, Net
Cost of Goods and Services Sold	[5]																					$ 4,766
General and administrative expenses	[5],[6]																					406
Franchisor Costs	[5]																					45
Refranchising (gain) loss	[5]																					(12)
Other (income) expense	[5],[7]																					(8)
Interest expense, net	[5]																					(8)
Income tax provision	[5],[8]																					(65)
Income from discontinued operations, net of tax																		$ 0		$ 0		$ 625	[5]
Basic Earnings Per Common Share (in dollars per share)																						$ 1.59
Diluted Earnings Per Common Share (in dollars per share)																						$ 1.56
Product [Member]
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax		$ 477		$ 499		$ 512		$ 512		$ 890		$ 871		$ 909		$ 902		2,000		3,572		$ 4,189
Product [Member] | Discontinued Operations [Member]
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax	[5]																					5,667
Franchise and property revenue [Member]
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax		709		605		584		584		$ 687		$ 565		$ 539		$ 515		2,482		2,306		2,167
Franchise and property revenue [Member] | Discontinued Operations [Member]
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax	[5]																					109
Advertising [Member]
Revenues
Revenue from Contract with Customer, Excluding Assessed Tax		$ 372		$ 287		$ 272		$ 275										$ 1,206		$ 0		$ 0
[1]	Amounts have not been allocated to any segment for performance reporting purposes.
[2]	Amounts in 2017 include a non-cash charge of $22 million related to the adjustment of certain historical deferred vested liability balances in our qualified U.S. plan. See Note 5.
[3]	Includes net gains from refranchising initiatives of $156 million , $29 million , $100 million and $255 million
[4]	Includes net gains from refranchising initiatives of $111 million , $19 million , $201 million and $752 million
[5]	Includes Yum China financial results from January 1, 2016 to October 31, 2016.
[6]	Includes costs incurred to execute the Separation of $68 million
[7]	Includes store closure and impairment expenses and equity income from KFC franchisees in which Yum China owns a minority interest.
[8]	During 2016, we recorded a tax benefit of $233 million

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net Income (loss) - YUM! Brands, Inc.	$ 1,542	$ 1,340	$ 1,643
Adjustments and gains (losses) arising during the year	(94)	115	(174)
Reclassifications of adjustments and (gains) losses into Net Income	(4)	55	(11)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax	(98)	170	(185)
Tax (expense) benefit	6	(8)	21
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(92)	162	(164)
Unrealized gains (losses) arising during the year	32	(17)	(62)
Reclassification of (gains) losses into Net Income	22	52	44
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Unrealized Gains (Losses), before Tax	54	35	(18)
Tax (expense) benefit	(13)	(14)	4
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	41	21	(14)
Unrealized gains (losses) arising during the year	19	(52)	57
Reclassification of (gains) losses into Net Income	(39)	58	(22)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax	(20)	6	35
Tax (expense) benefit	6	(2)	(16)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	(14)	4	19
Other Comprehensive Income (Loss), Net of Tax	(65)	187	(159)
Comprehensive Income - Yum! Brands, Inc.	$ 1,477	$ 1,527	$ 1,484

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Cash Flows - Operating Activities
Net Income		$ 1,542		$ 1,340		$ 1,643
Income from discontinued operations, net of tax						(625)
Depreciation and amortization		137		253		310
Refranchising (gain) loss		(540)		(1,083)		(163)
Investment Income, Net		(9)		(5)		(2)
Cash Flows - Investing Activities
Payments to Acquire Businesses, Net of Cash Acquired		66		0		0
Payments to Acquire Investments		(200)		0		0
Proceeds from refranchising of restaurants		825		1,773		370
Continuing Operations [Member]
Cash Flows - Operating Activities
Depreciation and amortization		137		253		310
Closures and impairment (income) expenses		6		3		15
Refranchising (gain) loss		(540)		(1,083)		(163)
Contributions to defined benefit pension plans		(16)		(55)		(41)
Deferred income taxes		(11)		634		28
Share-based compensation expense		50		65		80
Changes in accounts and notes receivable		(66)		(19)		(23)
Changes in prepaid expenses and other current assets		0		(10)		0
Changes in accounts payable and other current liabilities		(68)		(173)		(40)
Changes in income taxes payable		65		(55)		20
Other, net		92		138		61
Net Cash Provided by Operating Activities		1,176		1,030		1,248
Cash Flows - Investing Activities
Capital spending		(234)		(318)		(427)
Proceeds from refranchising of restaurants		825		1,773		370
Other, net		(12)		17		53
Net Cash Used in Investing Activities		313		1,472		(4)
Cash Flows - Financing Activities
Proceeds from long-term debt		1,556		1,088		6,900
Repayments of long-term debt		(1,264)		(385)		(323)
Revolving credit facilities, three months or less, net		0		0		(685)
Short-term borrowings by original maturity
More than three months - proceeds		59		0		1,400
More than three months - payments		(59)		0		(2,000)
Three months or less, net		0		0		0
Repurchase shares of Common Stock		(2,390)		(1,960)		(5,403)
Dividends paid on Common Stock		(462)		(416)		(744)
Debt issuance costs		(13)		(32)		(86)
Other, net		(47)		(90)		(92)
Net Cash Used in Financing Activities		(2,620)		(1,795)		(744)
Effect of Exchange Rate on Cash and Cash Equivalents		(63)		61		(34)
Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Continuing Operations		(1,194)		768		466
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Beginning of Year		1,599	[1]	831	[1]	365
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - End of Year	[1]	474		1,599		831
Discontinued Operations [Member]
Cash Flows - Operating Activities
Income from discontinued operations, net of tax		0		0		(625)	[2]
Refranchising (gain) loss	[2]					(12)
Net Cash Provided by Operating Activities		0		0		829
Cash Flows - Investing Activities
Net Cash Used in Investing Activities		0		0		(287)
Short-term borrowings by original maturity
Net transfers from discontinued operations		0		0		289
Net Cash Used in Financing Activities		$ 0		$ 0		$ (292)
[1]	Upon adoption of Topic 606 we reclassified cash of $11 million and restricted cash of $58 million
[2]	Includes Yum China financial results from January 1, 2016 to October 31, 2016.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2018	Dec. 31, 2017
Current Assets
Cash and cash equivalents		$ 292
Accounts and notes receivable, net		561
Prepaid expenses and other current assets		354
Advertising cooperative assets, restricted		0
Total Current Assets		1,207	$ 2,507
Property, Plant and equipment, net		1,237
Goodwill		525
Intangible assets, net		242
Other assets		724
Deferred income taxes		195
Total Assets		4,130	5,311
Current Liabilities
Accounts payable and other current liabilities		911
Income taxes payable		69
Short-term borrowings		321	375
Advertising cooperative liabilities		0
Total Current Liabilities		1,301	1,512
Long-term debt		9,751	9,429
Total Liabilities		12,056	11,645
Shareholders' Equity
Retained Earnings (Accumulated Deficit)		(7,592)
Accumulated other comprehensive income (loss)		(334)
Total Shareholders' Equity - YUM! Brands, Inc.		(7,926)
Total Shareholders' Equity		(7,926)	(6,334)
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity		4,130	5,311
Continuing Operations [Member]
Current Assets
Cash and cash equivalents		292	1,522
Accounts and notes receivable, net		561	400
Prepaid expenses and other current assets		354	384
Advertising cooperative assets, restricted		0	201
Property, Plant and equipment, net		1,237	1,594
Goodwill	[1]	525	512
Intangible assets, net		242	214
Other assets		724	345
Deferred income taxes		195	139
Total Assets		4,130	5,311
Current Liabilities
Accounts payable and other current liabilities		911	813
Income taxes payable		69	123
Short-term borrowings		321	375
Advertising cooperative liabilities		0	201
Long-term debt		9,751	9,429
Other liabilities and deferred credits		1,004	704
Shareholders' Equity
Common stock, no par value, 750 shares authorized; 332 shares and 355 shares issued in 2017 and 2016, respectively		0	0
Retained Earnings (Accumulated Deficit)		(7,592)	(6,063)
Accumulated other comprehensive income (loss)		$ (334)	$ (271)
[1]	Goodwill, net includes $17 million

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Millions, $ / shares in Millions	Dec. 31, 2018	Dec. 31, 2017
Shareholders' Equity (Deficit)
Common Stock, par value	$ 0	$ 0
Common Stock, shares authorized	750	750
Common Stock, shares issued	306	332

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity shares in Thousands, $ in Millions	USD ($)shares		Common StockUSD ($)shares	Retained EarningsUSD ($)	Accumulated Other Comprehensive Income (Loss)USD ($)	Noncontrolling InterestUSD ($)	Total Permanent EquityUSD ($)	Redeemable Noncontrolling InterestUSD ($)	Discontinued Operations [Member]Retained EarningsUSD ($)	Discontinued Operations [Member]Accumulated Other Comprehensive Income (Loss)USD ($)	Discontinued Operations [Member]Noncontrolling InterestUSD ($)	Discontinued Operations [Member]Total Permanent EquityUSD ($)	Difference between Revenue Guidance in Effect before and after Topic 606 [Member]USD ($)
Balance at Dec. 31, 2015			$ 0	$ 1,187	$ (252)	$ 58	$ 993	$ 6
Balance (in shares) at Dec. 31, 2015 | shares			420,000
Net Income (loss) - YUM! Brands, Inc.	$ 1,643			1,643
Net Income (loss) - noncontrolling interests						18
Net Income (loss) - including noncontrolling interest							1,661	(7)
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature (net of tax impact)					(153)
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - noncontrolling interest (net of tax impact)						(3)
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - including noncontrolling interest (net of tax impact)							(156)	1
Reclassifications of adjustments and (gains) losses into Net Income	(11)				(11)		(11)
Pension and post-retirement benefit plans (net of tax impact)	(14)				(14)		(14)
Net unrealized gain (loss) on derivative instruments (net of tax impact)					19		19
Comprehensive income - including noncontrolling interests							1,499	(6)
Dividends declared				(661)		(6)	(667)
Separation of China business									(1,927)	(47)	(67)	(2,041)
Repurchase of shares of Common Stock	$ (5,447)	[1]	$ (49)	(5,399)			(5,448)
Repurchase of shares of Common Stock (in shares) | shares	(67,963)	[1]	(68,000)
Employee stock option and SARs exercises (includes tax impact)			$ 4				4
Employee stock option and SARs exercises (in shares) | shares			3,000
Compensation-related events (includes tax impact)			$ 53				53
Balance at Dec. 31, 2016			$ 0	(5,157)	(458)	0	(5,615)	0
Balance (in shares) at Dec. 31, 2016 | shares			355,000
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	$ 21
Other Comprehensive Income (Loss), Foreign Currency Translation Reclassification Adjustment from AOCI, Tax	0
Pension and post-retirement benefit plans (tax impact)	4
Employee Stock Option And SARs Exercises Value, Tax	(85)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	(16)
Net Income (loss) - YUM! Brands, Inc.	1,340			1,340
Net Income (loss) - including noncontrolling interest							1,340
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature (net of tax impact)					107
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - including noncontrolling interest (net of tax impact)							107
Reclassifications of adjustments and (gains) losses into Net Income	55				55		55
Pension and post-retirement benefit plans (net of tax impact)	21				21		21
Net unrealized gain (loss) on derivative instruments (net of tax impact)					4		4
Comprehensive income - including noncontrolling interests							1,527
Dividends declared				(311)			(311)
Repurchase of shares of Common Stock	$ (1,915)	[1]	$ 0	(1,915)			(1,915)
Repurchase of shares of Common Stock (in shares) | shares	(26,561)	[1]	(27,000)
Employee stock option and SARs exercises (includes tax impact)			$ 58	(20)			78
Employee stock option and SARs exercises (in shares) | shares			4,000
Compensation-related events (includes tax impact)			$ 58				58
Balance at Dec. 31, 2017	$ (6,334)		$ 0	(6,063)	(271)	0	(6,334)	0
Balance (in shares) at Dec. 31, 2017 | shares			332,000
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	(8)
Pension and post-retirement benefit plans (tax impact)	(14)
Employee Stock Option And SARs Exercises Value, Tax	0
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	(2)
Net Income (loss) - YUM! Brands, Inc.	1,542			1,542									$ 11
Net Income (loss) - including noncontrolling interest							1,542
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature (net of tax impact)					(88)
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature - including noncontrolling interest (net of tax impact)							(88)
Reclassifications of adjustments and (gains) losses into Net Income	(4)				(4)		(4)
Pension and post-retirement benefit plans (net of tax impact)	41				41		41
Net unrealized gain (loss) on derivative instruments (net of tax impact)					(14)		(14)
Comprehensive income - including noncontrolling interests							1,477
Dividends declared				(464)			(464)
Repurchase of shares of Common Stock	$ (2,394)	[2]	$ (38)	(2,356)			(2,394)
Repurchase of shares of Common Stock (in shares) | shares	(28,243)	[2]	(28,000)
Employee stock option and SARs exercises (includes tax impact)			$ 41				41
Employee stock option and SARs exercises (in shares) | shares			2,000
Compensation-related events (includes tax impact)			$ 79				79
Balance at Dec. 31, 2018	$ (7,926)		$ 0	$ (7,592)	$ (334)	$ 0	$ (7,926)	$ 0
Balance (in shares) at Dec. 31, 2018 | shares			306,000
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	0
Pension and post-retirement benefit plans (tax impact)	(13)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	6
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	2
Retained Earnings (Accumulated Deficit)	7,592												(251)
Stockholders' Equity Attributable to Parent	$ (7,926)												$ 231
[1]	2017 amount excludes and 2016 amount includes the effect of $45 million in share repurchases ( 0.7 million
[2]	Includes the effect of $5 million in share repurchases ( 0.1 million

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement of Stockholders' Equity [Abstract]
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax	$ 0	$ (8)	$ 21
Other Comprehensive Income (Loss), Foreign Currency Translation Reclassification Adjustment from AOCI, Tax			0
Pension and post-retirement benefit plans (tax impact)	(13)	(14)	4
Employee Stock Option And SARs Exercises Value, Tax		0	(85)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	$ 6	$ (2)	$ (16)

Description of Business

Description of Business	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business YUM! Brands, Inc. and its Subsidiaries (collectively referred to herein as the “Company,” “YUM,” “we,” “us” or “our”) franchises or operates a system of over 48,000 quick service restaurants in more than 140 countries and territories. At December 31, 2018, 98% of these restaurants were owned and operated by franchisees. The company’s KFC, Pizza Hut and Taco Bell brands (collectively the “Concepts”) are global leaders of the chicken, pizza and Mexican-style food categories. Through our widely-recognized Concepts, we develop, operate or franchise a system of both traditional and non-traditional quick service restaurants. The terms "franchise" or "franchisee" within these Consolidated Financial Statements are meant to describe third parties that operate units under either franchise or license agreements. Our traditional restaurants feature dine-in, carryout and, in some instances, drive-thru or delivery service. Non-traditional units include express units and kiosks which have a more limited menu and operate in non-traditional locations like malls, airports, gasoline service stations, train stations, subways, convenience stores, stadiums, amusement parks and colleges, where a full-scale traditional outlet would not be practical or efficient. We also operate or franchise multibrand units, where two or more of our Concepts are operated in a single unit. As of December 31, 2018, YUM consisted of three operating segments: • The KFC Division which includes our worldwide operations of the KFC concept • The Pizza Hut Division which includes our worldwide operations of the Pizza Hut concept • The Taco Bell Division which includes our worldwide operations of the Taco Bell concept On October 31, 2016 (the “Distribution Date”), we completed the spin-off of our China business (the "Separation") into an independent, publicly-traded company under the name of Yum China Holdings, Inc. (“Yum China”). On the Distribution Date, we distributed to each of our shareholders of record as of the close of business on October 19, 2016 (the “Record Date”) one share of Yum China common stock for each share of our Common Stock held as of the Record Date. The distribution was structured to be a tax free distribution to our U.S. shareholders for federal income tax purposes in the U.S. Yum China’s common stock trades on the New York Stock Exchange under the symbol “YUMC.” After the distribution, we do not beneficially own any shares of Yum China common stock.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Our preparation of the accompanying 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 Consolidated Financial Statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. Principles of Consolidation and Basis of Preparation. Intercompany accounts and transactions have been eliminated in consolidation. We consolidate entities in which we have a controlling financial interest, the usual condition of which is ownership of a majority voting interest. We also consider for consolidation an entity, in which we have certain interests, where the controlling financial interest may be achieved through arrangements that do not involve voting interests. Such an entity, known as a variable interest entity (“VIE”), is required to be consolidated by its primary beneficiary. The primary beneficiary is the entity that possesses the power to direct the activities of the VIE that most significantly impact its economic performance and has the obligation to absorb losses or the right to receive benefits from the VIE that are significant to it. Our most significant variable interests are in entities that operate restaurants under our Concepts’ franchise and license arrangements. We do not have an equity interest in any of our franchisee businesses. Additionally, we do not typically provide significant financial support such as loans or guarantees to our franchisees. However, we do have variable interests in certain franchisees through real estate lease arrangements to which we are a party. At the end of 2018 , YUM has future lease payments due from franchisees, on a nominal basis, of approximately $1.1 billion , and we are secondarily liable on certain other lease agreements that have been assigned to franchisees. See the Lease Guarantees and Franchise Loan Pool and Equipment Guarantees sections in Note 19. As our franchise and license arrangements provide our franchisee entities the power to direct the activities that most significantly impact their economic performance, we do not consider ourselves the primary beneficiary of any such entity that might otherwise be considered a VIE. See Note 19 for additional information on our entity that operates a franchise lending program that is a VIE in which we have a variable interest but for which we are not the primary beneficiary and thus do not consolidate. We participate in various advertising cooperatives with our franchisees, typically within a country where we have both Company-owned restaurants and franchise restaurants, established to collect and administer funds contributed for use in advertising and promotional programs designed to increase sales and enhance the reputation of the Company and its franchise owners. Contributions to the advertising cooperatives are required for both Company-owned and franchise restaurants and are generally based on a percentage of restaurant sales. We maintain certain variable interests in these cooperatives. As the cooperatives are required to spend all funds collected on advertising and promotional programs, total equity at risk is not sufficient to permit the cooperatives to finance their activities without additional subordinated financial support. Therefore, these cooperatives are VIEs. As a result of our voting rights, we consolidate certain of these cooperatives for which we are the primary beneficiary. Fiscal Year. Our fiscal years have historically ended on the last Saturday in December and, as a result, a 53 rd week was added every five or six years. The first three quarters of each fiscal year consisted of 12 weeks and the fourth quarter consisted of 16 weeks in fiscal years with 52 weeks and 17 weeks in fiscal years with 53 weeks. Our U.S. subsidiaries and certain international subsidiaries operated on similar fiscal calendars. Our remaining international subsidiaries operated on a monthly calendar, and thus never had a 53 rd week, with two months in the first quarter, three months in the second and third quarters and four months in the fourth quarter. Certain international subsidiaries within our KFC, Pizza Hut and Taco Bell divisions have historically closed approximately one month or one period earlier to facilitate consolidated reporting. Fiscal year 2016 included 53 weeks for our U.S. businesses and for our international subsidiaries that reported on a period calendar. The 53 rd week added $76 million to Total revenues and $28 million to Operating Profit in our 2016 Consolidated Statement of Income. On January 27, 2017, YUM’s Board of Directors approved a change in the Company's fiscal year from a year ending on the last Saturday of December to a year beginning on January 1 and ending December 31 of each year, commencing with the year ending December 31, 2017. In connection with this change, the Company moved from a 52-week periodic fiscal calendar with three 12 -week interim quarters and a 16 -week fourth quarter to a monthly reporting calendar with each quarter comprised of three months. Our U.S. subsidiaries continue to report on a period calendar as described above. Concurrent with the change in the Company's fiscal year, we also eliminated the one month or one period reporting lags of our international subsidiaries. As a result of removing these reporting lags, each international subsidiary operates either on a monthly calendar consistent with the Company’s new calendar or on a periodic calendar consistent with our U.S. subsidiaries. We believe this change in our international subsidiary reporting calendars and the resulting elimination of reporting lags is preferable because a more current reporting calendar allows the Consolidated Financial Statements to more consistently and more timely reflect the impact of current events, economic conditions and global trends. The change to the Company’s fiscal year and removal of the international reporting lags became effective beginning in 2017. We applied this change in accounting principle retrospectively to financial periods presented prior to 2017 and the impact of this change is summarized in Note 5. The impact of the change in accounting principle on the current period Consolidated Financial Statements is similar to the impact on the prior period results discussed in Note 5. Our next fiscal year scheduled to include a 53rd week is 2019. Foreign Currency. The functional currency of our foreign entities is the currency of the primary economic environment in which the entity operates. Functional currency determinations are made based upon a number of economic factors, including but not limited to cash flows and financing transactions. The operations, assets and liabilities of our entities outside the U.S. are initially measured using the functional currency of that entity. Income and expense accounts for our operations of these foreign entities are then translated into U.S. dollars at the average exchange rates prevailing during the period. Assets and liabilities of these foreign entities are then translated into U.S. dollars at exchange rates in effect at the balance sheet date. As of December 31, 2018 , net cumulative translation adjustment losses of $245 million are recorded in Accumulated other comprehensive loss ("AOCI") in the Consolidated Balance Sheet. The majority of our foreign currency net asset exposure is in countries where we have Company-owned restaurants. As we manage and share resources at the individual brand level within a country, cumulative translation adjustments are recorded and tracked at the foreign-entity level that represents the operations of our individual brands within that country. Translation adjustments recorded in AOCI are subsequently recognized as income or expense generally only upon sale of the related investment in a foreign entity, or upon a sale of assets and liabilities within a foreign entity that represents a complete or substantially complete liquidation of that foreign entity. For purposes of determining whether a sale or complete or substantially complete liquidation of an investment in a foreign entity has occurred, we consider those same foreign entities for which we record and track cumulative translation adjustments. Gains and losses arising from the impact of foreign currency exchange rate fluctuations on transactions in foreign currency are included in Other (income) expense in our Consolidated Statements of Income. Reclassifications. We have reclassified certain items in the Consolidated Financial Statements for prior periods to be comparable with the classification for the fiscal year ended December 31, 2018 . These reclassifications had no effect on previously reported Net Income. Revenue Recognition. From 2014 through 2017, the Financial Accounting Standards Board ("FASB") issued standards to provide principles within a single framework for revenue recognition of transactions involving contracts with customers across all industries ("Topic 606"). We adopted Topic 606 at the beginning of the year ended December 31, 2018. Below is a discussion of how our revenues are earned, our accounting policies pertaining to revenue recognition prior to the adoption of Topic 606 ("Legacy GAAP"), our accounting policies pertaining to revenue recognition subsequent to the adoption of Topic 606 and other required disclosures. Refer to Note 5 for information regarding the cumulative effect adjustment recorded to Accumulated deficit as of the beginning of the year ended December 31, 2018 to reflect the adoption of Topic 606. Also included in Note 5 is disclosure of the amount by which each balance sheet and income statement line item was impacted in the current reporting period as compared to Legacy GAAP. Company Sales Revenues from the sale of food items by Company-owned restaurants are recognized as Company sales when a customer purchases the food, which is when our obligation to perform is satisfied. The timing and amount of revenue recognized related to Company sales was not impacted by the adoption of Topic 606. Franchise and Property Revenues Franchise Revenues Our most significant source of revenues arises from the operation of our Concepts' stores by our franchisees. Franchise rights may be granted through a store-level franchise agreement or through a master franchise agreement that set out the terms of our arrangement with the franchisee. Our franchise agreements require that the franchisee remit continuing fees to us as a percentage of the applicable restaurant’s sales in exchange for the license of the intellectual property associated with our Concepts' brands (the “franchise right”). Our franchise agreements also typically require certain, less significant, upfront franchise fees such as initial fees paid upon opening of a store, fees paid to renew the term of the franchise right and fees paid in the event the franchise agreement is transferred to another franchisee. Continuing fees represent the substantial majority of the consideration we receive under our franchise agreements. Continuing fees are typically billed and paid monthly and are usually 4% - 6% for store-level franchise agreements. Master franchise agreements allow master franchisees to operate restaurants as well as sub-franchise restaurants within certain geographic territories. The percentage of sales that we receive for restaurants owned or operated by our master franchisees as a continuing fee is typically less than the percentage we receive for restaurants operating under a store-level franchise agreement. Upfront franchise fees are typically billed and paid when a new franchise or sub-franchise agreement becomes effective or when an existing agreement is transferred to another franchisee or sub-franchisee. Under Legacy GAAP, continuing fees were recognized as the related restaurant sales occurred. The timing and amount of revenue recognized related to continuing fees was not impacted by the adoption of Topic 606 based on the application of the sales-based royalty exception within Topic 606. Under Legacy GAAP, revenue related to initial fees was recognized upon store opening and renewal and transfer fees were recognized when the related agreement became effective. Upon the adoption of Topic 606, we have determined that the services we provide in exchange for these upfront franchise fees, which primarily relate to pre-opening support, are highly interrelated with the franchise right and are not individually distinct from the ongoing services we provide to our franchisees. As a result, upon the adoption of Topic 606, upfront franchise fees are recognized as revenue over the term of each respective franchise or sub-franchise agreement. Revenues for these upfront franchise fees are recognized on a straight-line basis, which is consistent with the franchisee’s or sub-franchisee's right to use and benefit from the intellectual property. Revenues from continuing fees and upfront franchise fees are presented within Franchise and property revenues in our Consolidated Statements of Income. Additionally, from time-to-time we provide non-refundable consideration to franchisees in the form of cash or other incentives (e.g. cash payments to incent new unit openings, free or subsidized equipment, etc.). The Company’s intent in providing such consideration is to drive new unit development or same-store sales growth that will result in higher future revenues for the Company. Under Legacy GAAP, this consideration was recognized when we were obligated to provide the incentive and was presented as either a reduction to Franchise and property revenues, if cash was provided directly to the franchisee, or as Franchise and property expenses, if cash was not provided directly to the franchisee. Due to the adoption of Topic 606, such payments are capitalized and presented within Prepaid expense and other current assets or Other assets. These capitalized balances are being amortized as a reduction in Franchise and property revenues over the period of expected cash flows from the franchise agreements to which the payment relates. Property Revenues From time to time, we enter into rental agreements with franchisees for the lease or sublease of restaurant locations. These rental agreements typically originate from refranchising transactions and revenues related to the agreements are recognized as they are earned. Amounts owed under the rental agreements are typically billed and paid on a monthly basis. Revenues from rental agreements with franchisees are presented within Franchise and property revenues within our Consolidated Statements of Income. Related expenses are presented as Franchise and property expenses within our Consolidated Statements of Income and primarily include depreciation or, in the case of a sublease, rental expense. The timing and amount of revenue and expenses recognized related to the rental of restaurants we lease or sublease was not impacted by the adoption of Topic 606. Franchise Contributions for Advertising and Other Services Advertising Cooperatives Under Legacy GAAP, receipts and expenditures related to advertising cooperatives we were required to consolidate were presented on a net basis in our Consolidated Statements of Income and Consolidated Statements of Cash Flow. Additionally, assets and liabilities of the advertising cooperatives we were required to consolidate were presented within Advertising cooperative assets, restricted and Advertising cooperative liabilities, respectively, within our Consolidated Balance Sheets. In accordance with the provisions of Topic 606, we have determined we act as a principal in the transactions entered into by the advertising cooperatives we are required to consolidate based on our responsibility to define the nature of the goods or services provided and/or our responsibility to define which franchisees receive the benefit of the goods or services. Additionally, we have determined the advertising services provided to franchisees are highly interrelated with the franchise right and therefore not distinct. Franchisees remit to us a percentage of restaurant sales as consideration for providing the advertising services. As a result, revenues for advertising services are recognized when the related restaurant sales occur based on the application of the sales-based royalty exception within Topic 606. Revenues for these services are typically billed and paid on a monthly basis. These revenues are presented as Franchise contributions for advertising and other services. Expenses incurred to provide these services are presented as Franchise advertising and other services expense. When revenues of an advertising cooperative exceed the related advertising expenses, advertising costs are accrued up to the amount of revenues on an annual basis. Lastly, upon adoption of Topic 606 we have reclassified assets and liabilities of advertising cooperatives we are required to consolidate to the respective balance sheet caption to which the assets and liabilities relate. Other Services On a much more limited basis, we provide goods or services to certain franchisees that are individually distinct from the franchise right because they do not require integration with other goods or services we provide. Such arrangements typically relate to supply chain, quality assurance and information technology services. In instances where we rely on third parties to provide goods or services to franchisees at our direction, we have determined we act as a principal in these transactions. The extent to which we provide such goods or services varies by brand, geographic region and, in some instances, franchisee. Similar to advertising services, receipts and expenditures related to these other services were presented on a net basis under Legacy GAAP. Upon adoption of Topic 606, revenues from the goods or services described above are presented as Franchise contributions for advertising and other services within our Consolidated Statements of Income. Expenses related to the provisioning of these goods and services are recorded in Franchise advertising and other services expense. These revenues are recognized as the goods or services are transferred to the franchisee and related expenses are recognized as incurred. Franchise Support Costs The internal costs we incur to provide support services to our franchisees for which we do not receive a direct reimbursement are charged to General and administrative expenses (“G&A”) as incurred. Certain direct costs of our franchise operations are charged to Franchise and property expenses. These costs include provisions for estimated uncollectible fees, rent or depreciation expense associated with restaurants we lease or sublease to franchisees, franchise marketing funding, amortization expense for franchise-related intangible assets, value added taxes on royalties and certain other direct incremental franchise support costs. Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue transaction and collected from a customer are excluded from revenue under both Legacy GAAP and Topic 606. Disaggregation of Total Revenues The following table disaggregates revenue by Concept, for our two most significant markets based on Operating Profit and for all other markets. We believe this disaggregation best reflects the extent to which the nature, amount, timing and uncertainty of our revenues and cash flows are impacted by economic factors. 2018 KFC Division Pizza Hut Division Taco Bell Division Total U.S. Company sales $ 72 $ 37 $ 1,034 $ 1,143 Franchise revenues 171 284 539 994 Property revenues 23 4 27 54 Franchise contributions for advertising and other services 9 269 428 706 China Franchise revenues 201 59 — 260 Other Company sales 822 32 3 857 Franchise revenues 825 248 24 1,097 Property revenues 74 3 — 77 Franchise contributions for advertising and other services 447 52 1 500 $ 2,644 $ 988 $ 2,056 $ 5,688 Contract Liabilities Our contract liabilities are comprised of unamortized upfront fees received from franchisees. A summary of significant changes to the contract liability balance during 2018 is presented below. Deferred Franchise Fees Balance at January 1, 2018 $ 392 Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period (66 ) Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period 102 Other (a) (14 ) Balance at December 31, 2018 $ 414 (a) Includes impact of foreign currency translation as well as the recognition of deferred franchise fees into Refranchising (gain) loss upon the modification of existing franchise agreements when entering into master franchise agreements. We expect to recognize contract liabilities as revenue over the remaining term of the associated franchise agreement as follows: Less than 1 year $ 60 1 - 2 years 55 2 - 3 years 51 3 - 4 years 47 4 - 5 years 42 Thereafter 159 Total $ 414 We have applied the optional exemption, as provided for under Topic 606, which allows us to not disclose the transaction price allocated to unsatisfied performance obligations when the transaction price is a sales-based royalty. Direct Marketing Costs. To the extent we participate in advertising cooperatives, we expense our contributions as incurred, which are based on a percentage of sales of our Company restaurants. We charge direct marketing costs incurred outside of a cooperative to expense ratably in relation to revenues over the year in which incurred and, in the case of advertising production costs, in the year the advertisement is first shown. Deferred direct marketing costs, which are classified as prepaid expenses, consist of media and related advertising production costs that will generally be used for the first time in the next fiscal year and have historically not been significant. We report the majority of our direct marketing costs in Company restaurant expenses. Advertising incurred on behalf of franchised restaurants by the Company is recorded within Franchise and property expenses, including $12.5 million and $25 million related to the Pizza Hut U.S. Transformation Agreement in 2018 and 2017, respectively, and $10 million , $20 million and $20 million related to the KFC U.S. Acceleration Agreement in 2018, 2017 and 2016, respectively. See Note 5 for further discussion of these agreements. Advertising expenses incurred by our Company-owned restaurants and those incurred on behalf of franchised restaurants by the Company totaled $131 million , $245 million and $260 million in 2018 , 2017 and 2016 , respectively. In 2018 we incurred an additional $1,035 million in spending attributable to franchise contributions to advertising cooperatives that we consolidate and are now reporting on a gross basis within our Consolidated Statements of Income subsequent to the adoption Topic 606. Share-Based Employee Compensation. We recognize ongoing share-based payments to employees, including grants of employee stock options and stock appreciation rights (“SARs”), in the Consolidated Financial Statements as compensation cost over the service period based on their fair value on the date of grant. This compensation cost is recognized over the service period on a straight-line basis, net of an assumed forfeiture rate, for awards that actually vest. Forfeiture rates are estimated at grant date based on historical experience and compensation cost is adjusted in subsequent periods for differences in actual forfeitures from the previous estimates. We present this compensation cost consistent with the other compensation costs for the employee recipient in either Company restaurant expenses or G&A. See Note 15 for further discussion of our share-based compensation plans. Legal Costs. Settlement costs are accrued when they are deemed probable and reasonably estimable. Anticipated legal fees related to self-insured workers' compensation, employment practices liability, general liability, automobile liability, product liability and property losses (collectively, "property and casualty losses") are accrued when deemed probable and reasonably estimable. Legal fees not related to self-insured property and casualty losses are recognized as incurred. See Note 19 for further discussion of our legal proceedings. Impairment or Disposal of Property, Plant and Equipment. Property, plant and equipment (“PP&E”) is tested for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The assets are not recoverable if their carrying value is less than the undiscounted cash flows we expect to generate from such assets. If the assets are not deemed to be recoverable, impairment is measured based on the excess of their carrying value over their fair value. For purposes of impairment testing for our restaurants, we have concluded that an individual restaurant is the lowest level of independent cash flows unless it is more likely than not that we will refranchise restaurants as a group. We review our long-lived assets of such individual restaurants (primarily PP&E and allocated intangible assets subject to amortization) semi-annually for impairment, or whenever events or changes in circumstances indicate that the carrying amount of a restaurant may not be recoverable. We use two consecutive years of operating losses as our primary indicator of potential impairment for our semi-annual impairment testing of these restaurant assets. We evaluate the recoverability of these restaurant assets by comparing the estimated undiscounted future cash flows, which are based on our entity-specific assumptions, to the carrying value of such assets. For restaurant assets that are not deemed to be recoverable, we write-down an impaired restaurant to its estimated fair value, which becomes its new cost basis. Fair value is an estimate of the price a franchisee would pay for the restaurant and its related assets and is determined by discounting the estimated future after-tax cash flows of the restaurant, which include a deduction for royalties we would receive under a franchise agreement with terms substantially at market. The after-tax cash flows incorporate reasonable assumptions we believe a franchisee would make such as sales growth and margin improvement. The discount rate used in the fair value calculation is our estimate of the required rate of return that a franchisee would expect to receive when purchasing a similar restaurant and the related long-lived assets. The discount rate incorporates rates of returns for historical refranchising market transactions and is commensurate with the risks and uncertainty inherent in the forecasted cash flows. Individual restaurant-level impairment is recorded within Other (income) expense. In executing our refranchising initiatives, we most often offer groups of restaurants for sale. When we believe it is more likely than not a restaurant or groups of restaurants will be refranchised for a price less than their carrying value, but do not believe the restaurant(s) have met the criteria to be classified as held for sale, we review the restaurants for impairment. We evaluate the recoverability of these restaurant assets by comparing estimated sales proceeds plus holding period cash flows, if any, to the carrying value of the restaurant or group of restaurants. For restaurant assets that are not deemed to be recoverable, we recognize impairment for any excess of carrying value over the fair value of the restaurants, which is based on the expected net sales proceeds. To the extent ongoing agreements to be entered into with the franchisee simultaneous with the refranchising are expected to contain terms, such as royalty rates, not at prevailing market rates, we consider the off-market terms in our impairment evaluation. We recognize any such impairment charges in Refranchising (gain) loss. Refranchising (gain) loss includes the gains or losses from the sales of our restaurants to new and existing franchisees, including any impairment charges discussed above, and associated termination, relocation or retention costs associated with store-level employees of refranchised stores or employees of restaurant-support centers which we have closed due to refranchising. We recognize gains on restaurant refranchisings when the sale transaction closes and control of the restaurant operations have transferred to the franchisee. When we decide to close a restaurant, it is reviewed for impairment and depreciable lives are adjusted based on the expected disposal date. Other costs incurred when closing a restaurant such as costs of disposing of the assets as well as other facility-related expenses from previously closed stores are generally expensed as incurred. Additionally, at the date we cease using a property under an operating lease, we record a liability for the net present value of any remaining lease obligations, net of estimated sublease income, if any. Any costs recorded upon store closure as well as any subsequent adjustments to liabilities for remaining lease obligations as a result of lease termination or changes in estimates of sublease income are recorded in Other (income) expense. To the extent we sell assets, primarily land, associated with a closed store, any gain or loss upon that sale is also recorded in Other (income) expense. Considerable management judgment is necessary to estimate future cash flows, including cash flows from continuing use, terminal value, sublease income and refranchising proceeds. Accordingly, actual results could vary significantly from our estimates. Guarantees. We recognize, at inception of a guarantee, a liability for the fair value of certain obligations undertaken. The majority of our guarantees are issued as a result of assigning our interest in obligations under operating leases as a condition to the refranchising of certain Company restaurants. We recognize a liability for the fair value of such lease guarantees upon refranchising and upon subsequent renewals of such leases when we remain secondarily liable. The related expense and any subsequent changes are included in Refranchising (gain) loss. Any expense and subsequent changes in the guarantees for other franchise support guarantees not associated with a refranchising transaction are included in Franchise and property expenses. Income Taxes. We record deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases as well as operating loss, capital loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those differences or carryforwards are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in our Income tax provision in the period that includes the enactment date. Additionally, in determining the need for recording a valuation allowance against the carrying amount of deferred tax assets, we consider the amount of taxable income and periods over which it must be earned, actual levels of past taxable income and known trends and events or transactions that are expected to affect future levels of taxable income. Where we determine that it is more likely than not that all or a portion of an asset will not be realized, we record a valuation allowance. We recognize the benefit of positions taken or expected to be taken in our tax returns in our income tax provision when it is more likely than not (i.e. a likelihood of more than fifty percent) that the position would be sustained upon examination by tax authorities. A recognized tax position is then measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement. We evaluate these amounts on a quarterly basis to ensure that they have been appropriately adjusted for audit settlements and other events we believe may impact the outcome. Changes in judgment that result in subsequent recognition, derecognition or a change in measurement of a tax position taken in a prior annual period (including any related inte

Earnings Per Common Share ("EPS

Earnings Per Common Share ("EPS")	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Common Share (EPS)	Earnings Per Common Share (“EPS”) 2018 2017 2016 Income from continuing operations $ 1,542 $ 1,340 $ 1,018 Income from discontinued operations N/A N/A 625 Net Income $ 1,542 $ 1,340 $ 1,643 Weighted-average common shares outstanding (for basic calculation) 322 347 394 Effect of dilutive share-based employee compensation 7 8 6 Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) 329 355 400 Basic EPS from continuing operations $ 4.80 $ 3.86 $ 2.58 Basic EPS from discontinued operations N/A N/A 1.59 Basic EPS $ 4.80 $ 3.86 $ 4.17 Diluted EPS from continuing operations $ 4.69 $ 3.77 $ 2.54 Diluted EPS from discontinued operations N/A N/A $ 1.56 Diluted EPS $ 4.69 $ 3.77 $ 4.10 Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation (a) 2.0 2.3 5.0 (a)

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Discontinued Operations As discussed in Note 1, on October 31, 2016, the Company completed the Separation of our China business. In connection with the Separation, the Company and Yum China entered into a Separation and Distribution Agreement as well as various other agreements that provide a framework for the relationships between the parties, including among others a Tax Matters Agreement, an Employee Matters Agreement, a Transition Services Agreement and a Master License Agreement. These agreements provided for the allocation between the Company and Yum China of assets, employees, liabilities and obligations (including investments, property, employee benefits and tax-related assets and liabilities) attributable to periods prior to, at and after the Separation and govern certain relationships between the Company and Yum China after the Separation. For all the periods prior to the Separation, the financial results of Yum China are presented as Income from discontinued operations, net of tax in the Consolidated Statements of Income and Cash flows from discontinued operations in our Consolidated Statements of Cash Flows. The financial results of Yum China presented in discontinued operations reflect the results of the former China Division, an operating segment of the Company until the Separation, adjusted for the inclusion of certain G&A, non-cash impairment charges, refranchising gains, interest and income taxes that were previously not allocated to but were related to the former China Division's historical results of operations. Additionally, these financial results reflect a deduction for royalties on sales of KFC and Pizza Hut Company-owned stores in China that prior to the Separation were paid, pursuant to an intercompany franchise agreement, by an entity of Yum China to a Company entity. This royalty expense was not reflected in our China Division results that were presented prior to the Separation, as it was then an intercompany transaction that was eliminated in consolidation, but has been reflected in our Company's discontinued operations as such royalty arrangement continued pursuant to the Master License Agreement. Additionally, our China Division results that were presented prior to the Separation have been adjusted to exclude the portion of the royalties paid by third-party franchisees in China that have historically and continue to be remitted to a Company entity. These adjustments to our previously presented China Division results in determining Income from discontinued operations, net of tax were offset by adjustments to our KFC and Pizza Hut Divisions' results such that there was no impact on total reported Net Income. The following table presents the financial results of the Company’s discontinued operations: 2016 (a) Company sales $ 5,667 Franchise and property revenues 109 Company restaurant expenses (4,766 ) G&A expenses (b) (406 ) Franchise and property expenses (45 ) Other income (expense) (c) (8 ) Refranchising gain 12 Interest income, net 8 Income from discontinued operations before income taxes 571 Income tax benefit (d) 65 Income from discontinued operations - including noncontrolling interests 636 Income from discontinued operations - noncontrolling interests (11 ) Income from discontinued operations, net of tax $ 625 (a) Includes Yum China financial results from January 1, 2016 to October 31, 2016. (b) Includes costs incurred to execute the Separation of $68 million for 2016. Such costs primarily relate to transaction advisors, legal and other consulting fees. (c) Includes store closure and impairment expenses and equity income from KFC franchisees in which Yum China owns a minority interest. (d) During 2016, we recorded a tax benefit of $233 million related to previously recorded losses associated with our Little Sheep business. The tax benefit associated with these losses was able to be recognized as a result of legal entity restructuring completed in anticipation of the Separation. Cash inflows from Yum China to the Company in 2018, 2017 and 2016, subsequent to the Separation, related to the Master License Agreement was $233 million , $217 million and $16 million

Items Affecting Comparability o

Items Affecting Comparability of Net Income and Cash Flows	12 Months Ended
	Dec. 31, 2018
Items Affecting Comparability Of Net Income And Cash Flows Disclosure [Abstract]
Items Affecting Comparability of Net Income and Cash Flows	Items Affecting Comparability of Net Income and Cash Flows QuikOrder Acquisition On December 21, 2018, we completed the acquisition of QuikOrder, LLC, an online ordering software and service provider for the restaurant industry (“QuikOrder”), who has been a provider of services to Company and franchise restaurants of our Pizza Hut U.S. business for nearly two decades. The purchase price to be allocated for accounting purposes of $77 million consisted of cash, net of cash acquired, in the amount of $66 million , settlement of a prepaid asset of $6 million related to our preexisting contractual relationship with QuikOrder and contingent consideration of $5 million . The acquisition is part of our strategy to deliver an easy and personalized online ordering experience and accelerate digital innovation. The financial results of QuikOrder have been included in our Consolidated Financial Statements since the date of the acquisition but did not significantly impact our results for the year ended December 31, 2018. Subsequent to the acquisition, fees paid by franchisees for use of the QuikOrder software are being presented within Franchise contributions for advertising and other services. Associated costs we incur are being primarily presented within Franchise advertising and other services expense. The primary assets recorded as a result of the preliminary purchase price allocation were goodwill of $39 million and amortizable intangible assets (primarily software) of $33 million . The goodwill recorded resulted from increased synergies expected to be achieved through leveraging our scale and resources to enhance the services previously offered by QuikOrder. The goodwill amortization is deductible for tax purposes and has been allocated to the Pizza Hut U.S. reporting unit.. The pro forma impact on our results of operations if the acquisition had been completed as of the beginning of 2017 would not have been significant. The direct transaction costs associated with the acquisition were also not material and were expensed as incurred. Tax Cuts and Jobs Act of 2017 (“Tax Act”) We recognized $434 million in our Income tax provision for the year ended December 31, 2017 as a result of the December 22, 2017 enactment of the Tax Act. During the year ended December 31, 2018, we recorded a $35 million decrease related to our provisional tax expense recorded in the fourth quarter of 2017 associated with the Tax Act. See Note 17. Refranchising (Gain) Loss The Refranchising (gain) loss by reportable segment is presented below. Given the size and volatility of recent refranchising initiatives, our chief operating decision maker ("CODM") does not consider the impact of Refranchising (gain) loss when assessing segment performance. As such, we do not allocate such gains and losses to our segments for performance reporting purposes. During the years ended December 31, 2018, 2017 and 2016, we refranchised 660 , 1,470 and 432 restaurants, respectively. We received $825 million , $1,773 million and $370 million in pre-tax proceeds in 2018, 2017 and 2016, respectively, related to these transactions. A summary of Refranchising (gain) loss is as follows: Refranchising (gain) loss 2018 2017 2016 KFC Division $ (240 ) $ (581 ) $ (44 ) Pizza Hut Division 13 (16 ) (48 ) Taco Bell Division (313 ) (486 ) (71 ) Worldwide $ (540 ) $ (1,083 ) $ (163 ) As a result of classifying restaurant and related assets as held-for-sale and ceasing depreciation expense as well as recording any related write-downs to fair value, depreciation expense was reduced versus what would have otherwise been recorded by $3 million and $10 million during the years ended December 31, 2018 and 2017, respectively. Our CODM does not consider the impact of these depreciation reductions, which were recorded within Company restaurant expenses when assessing segment performance. These depreciation reductions were not allocated to the Division segments resulting in depreciation expense continuing to be recorded within our Divisional results at the rate at which it was prior to the held-for-sale classification. YUM's Strategic Transformation Initiatives In October 2016, we announced our strategic transformation plans to drive global expansion of the KFC, Pizza Hut and Taco Bell brands ("YUM's Strategic Transformation Initiatives") following the then anticipated separation of our China business on October 31, 2016. Major features of the Company’s strategic transformation plans involve being more focused on the development of our three brands, increasing our franchise ownership and creating a leaner, more efficient cost structure. We incurred pre-tax costs of $8 million , $23 million and $67 million related to our Strategic Transformation Initiatives in 2018, 2017 and 2016, respectively, primarily recorded in G&A. In 2018 and 2017, these costs included contract termination costs and relocation and severance costs for restaurant-support center employees. In 2016, these costs included restaurant-support center employee severance costs, charges associated with a voluntary retirement program offered to certain U.S. restaurant-support center employees, consulting costs incurred to facilitate YUM's Strategic Transformation Initiatives and losses associated with our sale of Corporate aircraft upon our decision to no longer own aircraft. Due to the scope of the initiatives as well as their significance, our CODM does not consider the associated cost when assessing segment performance. As such, these costs are not being allocated to any of our segment operating results for performance reporting purposes. Modifications of Share-based Compensation Awards In connection with the Separation, we modified certain share-based compensation awards held as part of our Executive Income Deferral ("EID") Plan in phantom shares of YUM Common Stock to provide one phantom Yum China share-based award for each outstanding phantom YUM share-based award. Through October 31, 2018, these Yum China awards could be settled in cash, as opposed to stock, which requires recognition of the fair value of these awards within G&A in our Consolidated Income Statement. During 2018, 2017 and 2016, we recorded pre-tax credits of $3 million , charges of $18 million and charges of $30 million , respectively, related to these awards due to changes in the market price of Yum China's common stock. Given these adjustments were a direct result of the Separation, our CODM did not consider their impact when assessing segment performance. As such, these amounts were not being allocated to any of our segment operating results. As of October 31, 2018, deferrals in phantom shares of Yum China common stock are no longer an investment option within our EID Plan and any balances relating to these shares were moved to another available EID Plan investment option as selected by the participants. Amounts directed into cash or phantom shares of a Stock Index Fund or a Bond Index Fund remained classified as a liability and any appreciation or depreciation in these investments from the transfer date forward will be recognized as compensation expense and included in our segment operating results consistent with existing investments in these funds. Any balances directed into phantom shares of YUM Common Stock were reclassified to Common Stock on our Consolidated Balance Sheet. We do not recognize compensation expense for the appreciation or depreciation, if any, of investments in phantom shares of our Common Stock. See Note 15 for further description of our EID Plan. Pizza Hut U.S. Transformation Agreement In May 2017, we reached an agreement with Pizza Hut U.S. franchisees that will improve brand marketing alignment, accelerate enhancements in operations and technology and that includes a permanent franchisee commitment to incremental advertising as well as digital and technology contributions (the “Transformation Agreement”). In connection with the Transformation Agreement we anticipate investing approximately $90 million from 2017 to 2019 to upgrade restaurant equipment to improve operations, fund improvements in restaurant technology and enhance digital and e-commerce capabilities. We invested $39 million related to the Transformation Agreement in 2017, which included $8 million of investments that we capitalized and $31 million that was expensed primarily as Franchise and property expenses or G&A. The $31 million expense amount included $5 million of franchisee incentive payments that under Legacy GAAP were expensed as incurred, but that upon adoption of Topic 606 in 2018 were capitalized. In 2018, both amounts capitalized upon adoption of Topic 606 and franchisee incentive payments capitalized thereafter are being amortized as a reduction to Franchise and property revenues over the period of expected cash flows from the franchise agreements to which the payments relate. We invested $25 million in the year ended December 31, 2018 related to the Transformation Agreement, primarily consisting of capital investments and franchisee incentive payments that were capitalized. Due to their unique and long-term brand-building nature as well as their non-recurring impact on Pizza Hut’s Division results, the financial impact of operating investments that are part of the Transformation Agreement are not being considered by our CODM when assessing segment performance in 2017 or 2018. For the same reasons, franchisee incentive payments in 2017 that were expensed as incurred under Legacy GAAP were not considered in assessing segment performance in 2017. As such, these amounts were not allocated to the Pizza Hut Division operating segment results for performance reporting purposes. Depreciation on capital investments made as part of the Transformation Agreement is being allocated to Pizza Hut segment results as the expense is recurring and is not expected to significantly impact the comparability of results in any given period. For the same reasons, the amortization related to franchisee incentive payments that were capitalized upon the adoption of Topic 606 and amortization related to franchisee incentive payments that are being capitalized going forward are being allocated to Pizza Hut Division operating segment results starting in 2018. In addition to the investments above, we agreed to fund $37.5 million of incremental system advertising dollars from the second half of 2017 through 2018. During the year ended December 31, 2018, we incurred $12.5 million in related incremental system advertising expense, fulfilling our advertising spend obligation. We funded approximately $25 million of such advertising during 2017, which was expensed in the third and fourth quarters of 2017. These advertising amounts were recorded primarily in Franchise and property expenses and are included in Pizza Hut's segment operating results. KFC U.S. Acceleration Agreement During 2015, we reached an agreement with our KFC U.S. franchisees that gave us brand marketing control as well as an accelerated path to expanded menu offerings, improved assets and enhanced customer experience. In connection with this agreement we are investing approximately $130 million from 2015 through 2019 primarily to fund new back-of-house equipment for franchisees and to provide incentives to accelerate franchisee store remodels. Under Legacy GAAP these amounts were expensed as incurred including $17 million and $26 million during the years ended December 31, 2017 and 2016, respectively. We recorded total pre-tax charges for such amounts of $115 million , primarily as Franchise and property expenses, during the three year period ended December 31, 2017. Due to their size and unique and long-term brand building nature, as well as their non-recurring impact on KFC Division's results when expensed upfront, our CODM did not consider the impact of these investments when assessing segment performance from 2015 through 2017. As such, prior to 2018 the investments were not allocated to the KFC Division segment operating results for performance reporting purposes. Upon adoption of Topic 606 in 2018, approximately $100 million of these incentives paid to franchisees from 2015 through 2017 were capitalized, which was net of amortization of $19 million . These capitalized amounts are now being amortized as a reduction to Franchise and property revenues over the period of expected cash flows from the franchise agreements to which the payment relates. Amortization related to both franchise incentive payments that were capitalized upon the adoption of Topic 606 and franchise incentive payments that will be capitalized going forward will be allocated to KFC segment operating results as the expense is recurring and is not expected to significantly impact the comparability of results in any given period. In addition to the investments above, we agreed to fund $60 million of incremental system advertising from 2015 through 2018. During the years ended December 31, 2018, 2017 and 2016, we incurred $10 million , $20 million and $20 million , respectively, in incremental system advertising expense. As $10 million in incremental system advertising expense was incurred in 2015, we have now fulfilled our advertising spend obligation. These advertising amounts were recorded primarily in Franchise and property expenses and were included in the KFC Division segment operating results. Impact of Adopting New Revenue Recognition Standards As discussed in Note 2, we adopted Topic 606 at the beginning of the year ended December 31, 2018, using the modified retrospective method. Topic 606 was applied to all contracts with customers as of January 1, 2018 and the cumulative effective of this transition was recorded as an adjustment to Accumulated deficit as of this date. As a result, the following adjustments were made to the Consolidated Balance Sheet as of January 1, 2018: CONSOLIDATED BALANCE SHEET As Reported 12/31/2017 Adjustments Balances with Adoption of Topic 606 1/1/2018 ASSETS Current Assets Cash and cash equivalents $ 1,522 $ 11 $ 1,533 Accounts and notes receivable, net 400 112 512 Prepaid expenses and other current assets 384 76 (a) 460 Advertising cooperative assets, restricted 201 (201 ) — Total Current Assets 2,507 (2 ) 2,505 Property, plant and equipment, net 1,594 2 1,596 Goodwill 512 — 512 Intangible assets, net 214 9 223 Other assets 345 118 463 Deferred income taxes 139 26 165 Total Assets $ 5,311 $ 153 $ 5,464 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current Liabilities Accounts payable and other current liabilities $ 813 $ 220 $ 1,033 Income taxes payable 123 — 123 Short-term borrowings 375 — 375 Advertising cooperative liabilities 201 (201 ) — Total Current Liabilities 1,512 19 1,531 Long-term debt 9,429 — 9,429 Other liabilities and deferred credits 704 353 1,057 Total Liabilities 11,645 372 12,017 Shareholders’ Deficit Accumulated deficit (6,063 ) (240 ) (6,303 ) Accumulated other comprehensive loss (271 ) 21 (250 ) Total Shareholders’ Deficit (6,334 ) (219 ) (6,553 ) Total Liabilities and Shareholders’ Deficit $ 5,311 $ 153 $ 5,464 (a) Includes $58 million of restricted cash related to advertising cooperatives. These balances can only be used to settle obligations of the respective cooperatives. We recorded an increase in Accounts payable and other current liabilities and Other liabilities and deferred credits of $57 million and $335 million , respectively, as part of our cumulative adjustment related to unamortized upfront franchise fees, with a corresponding $392 million increase in Accumulated deficit. We recorded increases in Prepaid expenses and other current assets and Other assets of $18 million and $118 million , respectively, as part of our cumulative adjustment related to unamortized franchise incentives, with a corresponding $136 million decrease in Accumulated deficit. Deferred income taxes increased $26 million as a result of recording the tax effects of the two adjustments noted above, with a corresponding decrease to Accumulated deficit. Accumulated other comprehensive loss decreased $21 million as a result of recognizing the impact of foreign currency translation related to the three adjustments noted above, with a corresponding increase in Accumulated deficit. The remaining adjustments to our December 31, 2017 Consolidated Balance Sheet are primarily a result of reclassifying the assets and liabilities of our consolidated advertising cooperates from Advertising cooperative assets, restricted and Advertising cooperative liabilities to the respective balance sheet caption to which the assets and liabilities relate. The following tables reflect the impact of the adoption of Topic 606 on our Consolidated Statement of Income for the year ended December 31, 2018 and our Consolidated Balance Sheet as of December 31, 2018 . CONSOLIDATED STATEMENT OF INCOME Year ended 12/31/2018 Revenues As Reported Impact Balances under Legacy GAAP Company sales $ 2,000 $ — $ 2,000 Franchise and property revenues 2,482 43 2,525 Franchise contributions for advertising and other services 1,206 (1,206 ) — Total revenues 5,688 (1,163 ) 4,525 Costs and Expenses, Net Company restaurant expenses 1,634 — 1,634 General and administrative expenses 895 — 895 Franchise and property expenses 188 27 215 Franchise advertising and other services expense 1,208 (1,208 ) — Refranchising (gain) loss (540 ) 4 (536 ) Other (income) expense 7 — 7 Total costs and expenses, net 3,392 (1,177 ) 2,215 Operating Profit 2,296 14 (a) 2,310 Investment (income) expense, net (9 ) — (9 ) Other pension (income) expense 14 — 14 Interest expense, net 452 — 452 Income from continuing operations before income taxes 1,839 14 1,853 Income tax provision (benefit) 297 3 300 Net Income $ 1,542 $ 11 $ 1,553 Basic Earnings Per Common Share $ 4.80 $ 0.03 $ 4.83 Diluted Earnings Per Common Share $ 4.69 $ 0.03 $ 4.72 (a) Includes $23 million of franchise incentive payments made to or on behalf of franchisees during 2018 that under Legacy GAAP would have been recognized as expense in full in 2018. Due to the size and nature of such payments, we historically would not have allocated their impact to our Divisional results. Upon the adoption of Topic 606, these payments have been capitalized as assets. Upon the adoption of Topic 606, the timing and amount of revenue recognized for upfront franchise fees and franchise incentives changed from upfront recognition under Legacy GAAP to recognition over the term of the franchise agreement to which the fees and incentives relate. Also, under Legacy GAAP, amounts reported as Franchise contributions for advertising and other services and Franchise advertising and other services expense were presented on a net basis. Upon the adoption of Topic 606, these amounts require gross presentation in our Consolidated Statements of Income. Lastly, Legacy GAAP required that certain value-added taxes withheld and remitted on our behalf by our franchisees be reported as revenue and corresponding expense in our Consolidated Statements of Income. Upon adoption of Topic 606, these taxes are reported on a net basis as a reduction in Franchise and property revenues. CONSOLIDATED BALANCE SHEET As Reported 12/31/2018 Impact Balances under Legacy GAAP 12/31/2018 ASSETS Current Assets Cash and cash equivalents $ 292 $ (13 ) $ 279 Accounts and notes receivable, net 561 (120 ) 441 Prepaid expenses and other current assets 354 (107 ) 247 Advertising cooperative assets, restricted — 241 241 Total Current Assets 1,207 1 1,208 Property, plant and equipment, net 1,237 (2 ) 1,235 Goodwill 525 — 525 Intangible assets, net 242 (16 ) 226 Other assets 724 (127 ) 597 Deferred income taxes 195 (25 ) 170 Total Assets $ 4,130 $ (169 ) $ 3,961 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current Liabilities Accounts payable and other current liabilities $ 911 $ (287 ) $ 624 Income taxes payable 69 — 69 Short-term borrowings 321 — 321 Advertising cooperative liabilities — 241 241 Total Current Liabilities 1,301 (46 ) 1,255 Long-term debt 9,751 — 9,751 Other liabilities and deferred credits 1,004 (354 ) 650 Total Liabilities 12,056 (400 ) 11,656 Shareholders’ Deficit Accumulated deficit (7,592 ) 251 (7,341 ) Accumulated other comprehensive loss (334 ) (20 ) (354 ) Total Shareholders’ Deficit (7,926 ) 231 (7,695 ) Total Liabilities and Shareholders’ Deficit $ 4,130 $ (169 ) $ 3,961 The significant impacts resulting from the adoption of Topic 606 on our Consolidated Balance Sheet as of December 31, 2018, are consistent with those recorded as of January 1, 2018 as described previously. Under Legacy GAAP, Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents pertaining to advertising cooperatives that we were required to consolidate were classified within Advertising cooperative assets, restricted. Upon adoption of Topic 606, these amounts are reflected on our Consolidated Balance Sheet and changes in these balances are reported within our Consolidated Statement of Cash Flows. Investment in Grubhub On February 7, 2018, certain of our subsidiaries entered into a master services agreement with a subsidiary of Grubhub, the leading online and mobile takeout food-ordering company in the U.S., which is intended to provide dedicated support for the KFC and Taco Bell branded online delivery channels in the U.S. through Grubhub’s online ordering platform, logistics and last-mile support for delivery orders, as well as point-of-sale integration to streamline operations. Concurrently with the master services agreement, one of our subsidiaries entered into an investment agreement with Grubhub to invest $200 million in exchange for approximately 2.8 million shares of Grubhub common stock. In April 2018, all necessary regulatory approvals were obtained and the purchase of Grubhub shares was consummated. Shares acquired as part of this purchase are restricted from being transferred until the earlier of the two-year anniversary of closing the investment agreement or 30 days following the termination of our master services agreement with Grubhub. In the year ended December 31, 2018 we recognized pre-tax income of $14 million , which includes the appreciation in the market price of Grubhub common stock less valuation adjustments related to the transfer restrictions. Changes in the fair value of our investment in Grubhub common stock are presented as Investment (income) expense, net within our Consolidated Statements of Income. Items Impacting Other Pension (Income) Expense During the first quarter of 2017, as a result of the completion of a pension data review and reconciliation, we recorded a non-cash, out-of-year charge of $22 million to Other pension (income) expense to adjust our historical U.S. pension liability related to our deferred vested participants. Our CODM does not consider the impact of this charge when assessing segment performance given the number of years over which it accumulated. As such, this cost is not being allocated to any of our segment operating results for performance reporting purposes. See Note 14 for further discussion of our pension plans. During the fourth quarter of 2016, the Company allowed certain former employees with deferred vested balances in the YUM Retirement Plan ("the Plan") an opportunity to voluntarily elect an early payout of their pension benefits. As a result of settlement payments made of approximately $205 million related to this program, all of which were funded from existing Plan assets, we recorded a settlement charge of $24 million to Other pension (income) expense. Due to the size and non-recurring nature of the program, our CODM does not consider the impact of these charges when assessing performance so they were not allocated to any of our segment operating results for performance reporting purposes. Impact of Change in Reporting Calendar As discussed in Note 2, we have changed our fiscal year from a year ending on the last Saturday of December to a year beginning on January 1 and ending on December 31 of each year commencing with the year ending December 31, 2017. We also removed the monthly or period reporting lags certain of our international subsidiaries historically used to report results. The impacts on our Consolidated Financial Statements of retrospectively applying these changes are included below: 2016 As Previously Reported Adjustments After Change in Reporting Calendar Total revenues $ 6,366 $ (10 ) $ 6,356 Operating Profit 1,625 25 (a) 1,650 (b) Income from continuing operations 994 24 1,018 Income from discontinued operations, net of tax 625 — 625 Net Income $ 1,619 $ 24 $ 1,643 Diluted EPS from continuing operations $ 2.48 $ 0.06 $ 2.54 Diluted EPS from discontinued operations 1.56 — 1.56 Diluted EPS $ 4.04 $ 0.06 $ 4.10 (a) Primarily represents gains of $24 million related to the refranchising of certain international restaurants which occurred in December 2016. (b) Amount does not reconcile to our Consolidated Statements of Income for the year ended December 31, 2016 due to the impact of retrospectively adopting a new accounting standard on Benefit Costs of $32 million . In 2016, the impact on our Consolidated Statement of Cash Flows was a decrease in cash provided by operating activities of $39 million , a decrease in cash used in investing activities of $20 million and a decrease in cash used in financing activities of $16 million

Supplemental Cash Flow Data

Supplemental Cash Flow Data	12 Months Ended
	Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Data	Supplemental Cash Flow Data 2018 2017 2016 Cash Paid For: Interest $ 455 $ 442 $ 297 Income taxes 279 346 314 Significant Non-Cash Investing and Financing Activities: Capital lease obligations incurred $ 4 $ 8 $ 10 Capital lease and other debt obligations transferred through refranchising (24 ) (35 ) (1 ) Reconciliation of Cash and cash equivalents to Consolidated Statements of Cash Flows: Cash and cash equivalents as presented in Consolidated Balance Sheets $ 292 $ 1,522 $ 725 Restricted cash included in Prepaid expenses and other current assets (a) 151 60 55 Restricted cash and restricted cash equivalents included in Other assets (b) 31 17 51 Cash, Cash Equivalents and Restricted Cash as presented in Consolidated Statements of Cash Flows (c) $ 474 $ 1,599 $ 831 (a) Restricted cash within Prepaid expenses and other current assets reflects the cash related to advertising cooperatives that we consolidate that can only be used to settle obligations of the respective cooperatives and Taco Bell Securitization interest reserves. See Note 10. (b) Primarily trust accounts related to our self-insurance program. 2016 also includes cash balances required, to the extent necessary, to meet statutory minimum net worth requirements for legal entities which enter into U.S. franchise agreements. (c) Upon adoption of Topic 606 we reclassified cash of $11 million and restricted cash of $58 million

Other (Income) Expense

Other (Income) Expense	12 Months Ended
	Dec. 31, 2018
Other Income and Expenses [Abstract]
Other (Income) Expense	Other (Income) Expense 2018 2017 2016 Foreign exchange net (gain) loss and other $ 1 $ 5 $ (6 ) Loss associated with corporate aircraft (a) — 2 9 Closure and impairment expense 6 3 15 Other (income) expense $ 7 $ 10 $ 18 (a)

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	12 Months Ended
	Dec. 31, 2018
Supplemental Balance Sheet Information Disclosure [Abstract]
Supplemental Balance Sheet Information	Supplemental Balance Sheet Information Prepaid Expenses and Other Current Assets 2018 2017 Income tax receivable $ 36 $ 175 Restricted cash (a) 151 60 Assets held for sale (b) 24 37 Other prepaid expenses and current assets 143 112 Prepaid expenses and other current assets $ 354 $ 384 Property, Plant and Equipment 2018 2017 Land $ 422 $ 452 Buildings and improvements 1,349 1,661 Capital leases, primarily buildings 59 123 Machinery and equipment 523 700 Property, plant and equipment, gross 2,353 2,936 Accumulated depreciation and amortization (1,116 ) (1,342 ) Property, plant and equipment, net $ 1,237 $ 1,594 Depreciation and amortization expense related to PP&E was $146 million , $215 million and $276 million in 2018 , 2017 and 2016 , respectively. Other Assets 2018 2017 Investment in Grubhub common stock (c) $ 214 $ — Franchise incentives (a) 141 — Other 369 345 Other assets $ 724 $ 345 Accounts Payable and Other Current Liabilities 2018 2017 Accounts payable (a) $ 202 $ 119 Accrued compensation and benefits 206 252 Accrued advertising (a) 108 9 Accrued taxes, other than income taxes 48 90 Other current liabilities 347 343 Accounts payable and other current liabilities $ 911 $ 813 (a) Increase from 2017 primarily due to the adoption of Topic 606 beginning with the year ended December 31, 2018. See Note 2. (b) Reflects the carrying value of restaurants we have offered for sale to franchisees and excess properties that we do not intend to use for restaurant operations in the future. (c)

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The changes in the carrying amount of goodwill are as follows: KFC Pizza Hut Taco Bell Worldwide Goodwill, net as of December 31, 2016 (a) $ 268 $ 157 $ 111 $ 536 Disposals and other, net (b) (21 ) 5 (8 ) (24 ) Goodwill, net as of December 31, 2017 (a) 247 162 103 512 Disposal and other, net (b) (17 ) (5 ) (4 ) (26 ) QuikOrder acquisition (See Note 5) — 39 — 39 Goodwill, net as of December 31, 2018 (a) $ 230 $ 196 $ 99 $ 525 (a) Goodwill, net includes $17 million of accumulated impairment losses for each year presented related to our Pizza Hut segment. (b) Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising. Intangible assets, net for the years ended 2018 and 2017 are as follows: 2018 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Definite-lived intangible assets Capitalized software costs $ 319 $ (156 ) $ 243 $ (139 ) Reacquired franchise rights 37 (30 ) 60 (42 ) Franchise contract rights 99 (79 ) 100 (77 ) Lease tenancy rights 11 (1 ) 32 (6 ) Other 38 (27 ) 37 (25 ) $ 504 $ (293 ) $ 472 $ (289 ) Indefinite-lived intangible assets KFC trademark $ 31 $ 31 Amortization expense for all definite-lived intangible assets was $37 million in 2018 , $33 million in 2017 and $31 million in 2016 . Amortization expense for definite-lived intangible assets is expected to approximate $47 million in 2019, $44 million in 2020, $34 million in 2021, $19 million in 2022 and $16 million in 2023.

Short-term Borrowings and Long-

Short-term Borrowings and Long-term Debt	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Short-term Borrowings and Long-term Debt	Short-term Borrowings and Long-term Debt 2018 2017 Short-term Borrowings Current maturities of long-term debt $ 331 $ 386 Less current portion of debt issuance costs and discounts (10 ) (11 ) Short-term borrowings $ 321 $ 375 Long-term Debt Securitization Notes $ 2,928 $ 2,271 Subsidiary Senior Unsecured Notes 2,850 2,850 Term Loan A Facility 488 500 Term Loan B Facility 1,955 1,975 YUM Senior Unsecured Notes 1,875 2,200 Capital lease obligations (See Note 11) 71 105 $ 10,167 $ 9,901 Less debt issuance costs and discounts (85 ) (86 ) Less current maturities of long-term debt (331 ) (386 ) Long-term debt $ 9,751 $ 9,429 Securitization Notes On May 11, 2016, Taco Bell Funding, LLC (the “Issuer”), a newly formed, special purpose limited liability company and a direct, wholly-owned subsidiary of Taco Bell Corp. ("TBC") completed a securitization transaction and issued $800 million of its Series 2016-1 3.832% Fixed Rate Senior Secured Notes, Class A-2-I (the “2016 Class A-2-I Notes”), $500 million of its Series 2016-1 4.377% Fixed Rate Senior Secured Notes, Class A-2-II (the “2016 Class A-2-II Notes”) and $1.0 billion of its Series 2016-1 4.970% Fixed Rate Senior Secured Notes, Class A-2-III (the “2016 Class A-2-III Notes” and, together with the 2016 Class A-2-I Notes and the 2016 Class A-2-II Notes, the “2016 Class A-2 Notes”). In connection with the issuance of the 2016 Class A-2 Notes, the Issuer also entered into a revolving financing facility of Series 2016-1 Senior Notes, Class A-1 (the “Variable Funding Notes”), which allowed for the borrowing of up to $100 million and the issuance of up to $50 million in letters of credit. The 2016 Class A-2 Notes were issued under a Base Indenture, dated as of May 11, 2016 (the “Base Indenture”), and the related Series 2016-1 Supplement thereto, dated as of May 11, 2016 (the “Series 2016-1 Supplement”). The Base Indenture and the Series 2016-1 Supplement (collectively, the “Indenture”) allow the Issuer to issue additional series of notes. On October 16, 2017, the Issuer terminated the Variable Funding Notes. On November 28, 2018, the Issuer completed a refinancing transaction and issued $825 million of its Series 2018-1 4.318% Fixed Rate Senior Secured Notes, Class A-2-I (the “2018 Class A-2-I Notes”) and $625 million of its Series 2018- 1 4.940% Fixed Rate Senior Secured Notes, Class A-2-II (the “2018 Class A-2-II Notes” and, together with the Series 2018-1 Class A-2-I Notes, the “2018 Class A-2 Notes”). The net proceeds from the issuance of the 2018 Class A-2 Notes were used to repay in full the 2016 Class A-2-I Notes, to repay $273 million of borrowings that were outstanding under the Revolving Facility (see below) and for general corporate purposes, including capital return to shareholders. The 2016 Class A-2 Notes and the 2018 Class A-2 Notes are referred to collectively as the “Securitization Notes”. The Securitization Notes were issued in a transaction pursuant to which certain of TBC’s domestic assets, consisting principally of franchise-related agreements and domestic intellectual property, were contributed to the Issuer and the Issuer’s special purpose, wholly-owned subsidiaries (the “Guarantors”, and collectively with the Issuer, the "Securitization Entities") to secure the Securitization Notes. The Securitization Notes are secured by substantially all of the assets of the Securitization Entities, and include a lien on all existing and future U.S. Taco Bell franchise and license agreements and the royalties payable thereunder, existing and future U.S. Taco Bell intellectual property, certain transaction accounts and a pledge of the equity interests in asset-owning Securitization Entities. The remaining U.S. Taco Bell assets that were excluded from the transfers to the Securitization Entities continue to be held by Taco Bell of America, LLC, a limited liability company ("TBA") and TBC. The Securitization Notes are not guaranteed by the remaining U.S. Taco Bell assets, the Company, or any other subsidiary of the Company. Payments of interest and principal on the Securitization Notes are made from the royalty fees paid pursuant to the franchise and license agreements with all U.S. Taco Bell restaurants, including both company and franchise operated restaurants. Interest on and principal payments of the Securitization Notes are due on a quarterly basis. In general, no amortization of principal of the Securitization Notes is required prior to their anticipated repayment dates unless as of any quarterly measurement date the consolidated leverage ratio (the ratio of total debt to Net Cash Flow (as defined in the Indenture)) for the preceding four fiscal quarters of either the Company and its subsidiaries or the Issuer and its subsidiaries exceeds 5.0:1, in which case amortization payments of 1% per year of the outstanding principal as of the closing of the Securitization Notes is required. As of the most recent quarterly measurement date the consolidated leverage ratio exceeded 5.0:1 and, as a result, amortization payments are required. The legal final maturity dates of the 2016 Class A-2 Notes and the 2018 Class A-2 Notes are May 2046 and November 2048, respectively. However, the anticipated repayment dates of the the 2016 Class A-2-II Notes, the 2016 Class A-2-III Notes, the 2018 Class A-2-I Notes and the 2018 Class A-2-II Notes are 7 , 10 , 5 and 10 years (the “Anticipated Repayment Dates”), respectively, from the date of issuance. If the Issuer has not repaid or refinanced a series of Securitization Notes prior to its respective Anticipated Repayment Dates, rapid amortization of principal on all Securitization Notes will occur and additional interest will accrue on the Securitization Notes, as stated in the Indenture. The Company paid debt issuance costs of $13 million and $31 million in connection with the 2018 and 2016 issuances of the Securitization Notes, respectively. The debt issuance costs are being amortized to Interest expense, net through the Anticipated Repayment Dates of the Securitization Notes utilizing the effective interest rate method. As of December 31, 2018, the effective interest rates, including the amortization of debt issuance costs, were 4.59% , 5.14% , 4.53% and 5.06% for the 2016 Class A-2-II Notes, 2016 Class A-2-III Notes, 2018 Class A-2-I Notes and 2018 Class A-2-II Notes, respectively. During 2018 and 2017, $4 million and $2 million , respectively, of unamortized debt issuance costs were recognized within Interest expense, net due to the extinguishment of the 2016 Class A-2-I Notes and the termination of the Variable Funding Notes. The Securitization Notes are subject to a series of covenants and restrictions customary for transactions of this type, including (i) that the Issuer maintains specified reserve accounts to be available to make required interest payments in respect of the Securitization Notes, (ii) provisions relating to optional and mandatory prepayments and the related payment of specified amounts, including specified make-whole payments in the case of the Seuritization Notes under certain circumstances, (iii) certain indemnification payments relating to taxes, enforcement costs and other customary items and (iv) covenants relating to recordkeeping, access to information and similar matters. The Securitization Notes are also subject to rapid amortization events provided for in the Indenture, including events tied to failure to maintain a stated debt service coverage ratio (as defined in the Indenture) of at least 1.1:1 , gross domestic sales for branded restaurants being below certain levels on certain measurement dates, a manager termination event, an event of default and the failure to repay or refinance the Securitization Notes on the Anticipated Repayment Date (subject to limited cure rights). The Securitization Notes are also subject to certain customary events of default, including events relating to non-payment of required interest or principal due on the Securitization Notes, failure to comply with covenants within certain time frames, certain bankruptcy events, breaches of specified representations and warranties, failure of security interests to be effective, certain judgments and failure of the Securitization Entities to maintain a stated debt service coverage ratio . As of December 31, 2018, we were in compliance with all of our debt covenant requirements and were not subject to any rapid amortization events . In accordance with the Indenture, certain cash accounts have been established with the Indenture trustee for the benefit of the note holders, and are restricted in their use. The Indenture requires a certain amount of securitization cash flow collections to be allocated on a weekly basis and maintained in a cash reserve account. As of December 31, 2018, the Company had restricted cash of $82 million primarily related to required interest reserves included in Prepaid expenses and other current assets on the Consolidated Balance Sheets. Once the required obligations are satisfied, there are no further restrictions, including payment of dividends, on the cash flows of the Securitization Entities. Additional cash reserves are required if any of the rapid amortization events occur, as noted above, or in the event that as of any quarterly measurement date the Securitization Entities fail to maintain a debt service coverage ratio (or the ratio of Net Cash Flow to all debt service payments for the preceding four fiscal quarters) of at least 1.75:1 . The amount of weekly securitization cash flow collections that exceed the required weekly allocations is generally remitted to the Company. During the quarter ended December 31, 2018, the Securitization Entities maintained a debt service coverage ratio significantly in excess of the 1.75:1 requirement . Credit Facilities and Subsidiary Senior Unsecured Notes On June 16, 2016, KFC Holding Co., Pizza Hut Holdings, LLC, a limited liability company, and TBA, each of which is a wholly-owned subsidiary of the Company, as co-borrowers (the "Borrowers"), entered into a credit agreement providing for senior secured credit facilities consisting of a $500 million Term Loan A facility (the “Term Loan A Facility"), a $2.0 billion Term Loan B facility (the “Term Loan B Facility”) and a $1.0 billion revolving facility (the “Revolving Facility”), each of which may be increased subject to certain conditions. The Term Loan A Facility, the Term Loan B Facility, and the Revolving Facility are collectively referred to as the "Credit Agreement". There are no outstanding borrowings under the Revolving Facility and $7 million of letters of credit outstanding as of December 31, 2018. The Term Loan A Facility was originally subject to quarterly amortization payments beginning one full fiscal quarter after the first anniversary of the closing date , in an amount equal to 1.25% of the initial principal amount of the facility, in each of the second and third years of the facility; in an amount equal to 1.875% of the initial principal amount of the facility, in the fourth year of the facility; and in an amount equal to 3.75% of the initial principal amount of the facility, in the fifth year of the facility, with the balance payable at maturity on the fifth anniversary of the closing date. Subsequently, this amortization schedule was delayed by approximately one year and the maturity date was extended to June 7, 2022 as a result of the Term Loan A repricing in 2017 (see below). The Term Loan B Facility is subject to quarterly amortization payments in an amount equal to 0.25% of the initial principal amount of the facility, with the balance payable at maturity on the seventh anniversary of the closing date. On March 21, 2017, the Borrowers completed the repricing of the then existing $1.99 billion under the Term Loan B Facility pursuant to an amendment to the Credit Agreement. The amendment reduces the interest rate applicable to the Term Loan B Facility by 75 basis points to LIBOR plus 2.00% or Base Rate plus 1.00% , at the Borrower’s election, with an additional rate stepdown to LIBOR plus 1.75% or Base Rate plus 0.75% in the event the secured net leverage ratio (as defined in the Credit Agreement) is less than 1 to 1. As a result of repricing the Term Loan B Facility, $192 million in principal was assigned to new lenders or existing lenders electing to increase their holdings in the loan. The maturity date and all other material provisions under the Credit Agreement remained unchanged as a result of this amendment. On June 7, 2017, the Borrowers completed the repricing of the existing $500 million under the Term Loan A Facility and $1 billion under the Revolving Facility pursuant to an amendment to the Credit Agreement. The amendment reduced the interest rate applicable to the Term Loan A Facility and for borrowings under the Revolving Facility by 75 basis points. Subsequent to the repricing the interest rate ranges from 1.25% to 1.75% plus LIBOR or from 0.25% to 0.75% plus the Base Rate, at the Borrower’s election, based upon the total net leverage ratio of the Borrowers and the Specified Guarantors (as defined in the Credit Agreement). As a result of repricing the Term Loan A Facility, $146 million in principal was assigned to new lenders or existing lenders electing to increase their holdings in the loan. There was no change in lender participation in the Revolving Facility. The maturity date for the Term Loan A Facility and the Revolving Facility has been extended to June 7, 2022. Amortization payments on the Term Loan A Facility will begin one full fiscal quarter after the first anniversary of the amendment effective date, which delays the original amortization schedule by approximately one year. All other material provisions under the Credit Agreement remained unchanged. On April 3, 2018, the Borrowers completed the repricing of the then existing $1.97 billion under the Term Loan B Facility pursuant to an amendment to the Credit Agreement. The amendment reduces the interest rate applicable to the Term Loan B Facility by 25 basis points to adjusted LIBOR plus 1.75% or Base Rate plus 0.75% , at the Borrowers’ election, and extends the maturity date for the Term Loan B Facility by 2 years to April 3, 2025. All other material provisions under the Credit Agreement remained unchanged as a result of this amendment. The Credit Agreement is unconditionally guaranteed by the Company and certain of the Borrowers’ principal domestic subsidiaries and excludes Taco Bell Funding LLC and its special purpose, wholly-owned subsidiaries (see above). The Credit Agreement is also secured by first priority liens on substantially all assets of the Borrowers and each subsidiary guarantor, excluding the stock of certain subsidiaries and certain real property, and subject to other customary exceptions. The Credit Agreement is subject to certain mandatory prepayments, including an amount equal to 50% of excess cash flow (as defined in the Credit Agreement) on an annual basis and the proceeds of certain asset sales, casualty events and issuances of indebtedness, subject to customary exceptions and reinvestment rights. The Credit Agreement includes two financial maintenance covenants which require the Borrowers to maintain a total leverage ratio (defined as the ratio of Consolidated Total Debt to Consolidated EBITDA (as these terms are defined in the Credit Agreement)) of 5.0:1 or less and a fixed charge coverage ratio (defined as the ratio of EBITDA minus capital expenditures to fixed charges (inclusive of rental expense and scheduled amortization)) of at least 1.5:1 , each as of the last day of each fiscal quarter. The Credit Agreement includes other affirmative and negative covenants and events of default that are customary for facilities of this type. The Credit Agreement contains, among other things, limitations on certain additional indebtedness and liens, and certain other transactions specified in the agreement. We were in compliance with all debt covenants as of December 31, 2018 . On June 16, 2016, the Borrowers issued $1.05 billion aggregate principal amount of 5.00% Senior Unsecured Notes due 2024 and $1.05 billion aggregate principal amount of 5.25% Senior Unsecured Notes due 2026 and on June 15, 2017, the Borrowers issued $750 million aggregate principal amount of 4.75% Senior Notes due June 1, 2027 (the “2027 Notes” and collectively the “Subsidiary Senior Unsecured Notes”). Interest on the Subsidiary Senior Unsecured Notes is payable semi-annually in arrears on June 1 and December 1 of each year. The Subsidiary Senior Unsecured Notes are guaranteed on a senior unsecured basis by (i) the Company, (ii) the Specified Guarantors and (iii) by each of the Borrower's and the Specified Guarantors’ domestic subsidiaries that guarantees the Borrower's obligations under the Credit Agreement, except for any of the Company’s foreign subsidiaries. The indenture governing the Subsidiary Senior Unsecured Notes contains covenants and events of default that are customary for debt securities of this type. We were in compliance with all debt covenants as of December 31, 2018 . During 2016, the Company paid debt issuance costs of $56 million in connection with the issuance of the Credit Agreement and the Subsidiary Senior Unsecured Notes. During 2017, $32 million of fees related to the repricing of the Term Loan A, Term Loan B and Revolving Facilities and the issuance of the 2027 Notes were capitalized as debt issuance costs. The debt issuance costs are being amortized to Interest expense, net through the contractual maturity of the agreements utilizing the effective interest rate method. We classify these deferred costs on our Consolidated Balance Sheet as a reduction in the related debt when borrowings are outstanding or within Other assets if borrowings are not outstanding. Additionally, $5 million and $8 million of fees and unamortized debt issuance costs were recognized within Interest expense, net due to the repricings in the years ended December 31, 2018 and 2017, respectively. As of December 31, 2018, the effective interest rates, including the amortization of debt issuance costs and the impact of the interest rate swaps on Term Loan B Facility (See Note 12), were 5.16% , 5.39% , 4.90% , 3.43% , and 3.74% for the Subsidiary Senior Unsecured Notes due 2024, the Subsidiary Senior Unsecured Notes due 2026, the Subsidiary Senior Unsecured Notes due 2027, the Term Loan A Facility, and the Term Loan B Facility, respectively. YUM Senior Unsecured Notes The majority of our remaining long-term debt primarily comprises YUM Senior Unsecured Notes with varying maturity dates from 2020 through 2043 and stated interest rates ranging from 3.75% to 6.88% . The YUM Senior Unsecured Notes represent senior, unsecured obligations and rank equally in right of payment with all of our existing and future unsecured unsubordinated indebtedness. Our YUM Senior Unsecured Notes contain cross-default provisions whereby the acceleration of the maturity of any of our indebtedness in a principal amount in excess of $50 million will constitute a default under the YUM Senior Unsecured Notes unless such indebtedness is discharged, or the acceleration of the maturity of that indebtedness is annulled, within 30 days after notice. The following table summarizes all YUM Senior Unsecured Notes issued that remain outstanding at December 31, 2018 : Interest Rate Issuance Date (a) Maturity Date Principal Amount (in millions) Stated Effective (b) October 2007 November 2037 325 6.88 % 7.45 % August 2009 September 2019 250 5.30 % 5.59 % August 2010 November 2020 350 3.88 % 4.01 % August 2011 November 2021 350 3.75 % 3.88 % October 2013 November 2023 325 3.88 % 4.01 % October 2013 November 2043 275 5.35 % 5.42 % (a) Interest payments commenced approximately six months after issuance date and are payable semi-annually thereafter. (b) Includes the effects of the amortization of any (1) premium or discount; (2) debt issuance costs; and (3) gain or loss upon settlement of related treasury locks and forward starting interest rate swaps utilized to hedge the interest rate risk prior to debt issuance. The annual maturities of short-term borrowings and long-term debt as of December 31, 2018 , excluding capital lease obligations of $71 million are as follows: Year ended: 2019 $ 324 2020 430 2021 455 2022 424 2023 1,626 Thereafter 6,837 Total $ 10,096 Interest expense on short-term borrowings and long-term debt was $496 million , $473 million and $331 million in 2018 , 2017 and 2016

Leases

Leases	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Leases	Leases At December 31, 2018 , we operated 856 restaurants, leasing the underlying land and/or building in 517 of those restaurants with the vast majority of our commitments expiring within 20 years from the inception of the lease. In addition, the Company leases or subleases 1,020 units to franchisees, principally in the U.S., United Kingdom, Australia, Germany and France. We also lease office space for headquarters and support functions, as well as certain office and restaurant equipment. We do not consider any of these individual leases material to our operations. Most leases require us to pay related executory costs, which include property taxes, maintenance and insurance. Future minimum commitments and amounts to be received as lessor or sublessor under non cancellable leases are set forth below: Commitments Lease Receivables Capital Operating Direct Financing Operating 2019 $ 10 $ 103 $ 6 $ 89 2020 10 89 5 79 2021 9 78 4 74 2022 8 71 4 69 2023 8 61 3 67 Thereafter 58 384 30 638 $ 103 $ 786 $ 52 $ 1,016 At December 31, 2018 and December 31, 2017 , the present value of minimum payments under capital leases was $71 million and $105 million , respectively. At December 31, 2018 , unearned income associated with direct financing lease receivables was $19 million . Upon adoption of the new lease accounting standards at the beginning of the first quarter of 2019 we currently expect to recognize additional lease liabilities of approximately $750 million , with corresponding right-of-use assets of approximately $675 million based on the present value of the remaining operating lease payments that include scheduled rent increases. These remaining lease payments include both future minimum commitments under non cancellable leases as set forth above as well as approximately $50 million of nominal operating lease payments pertaining to renewal options that, at lease inception, we determined were reasonably assured of being exercised. The details of rental expense and income are set forth below: 2018 2017 2016 Rental expense Minimum $ 142 $ 193 $ 208 Contingent 9 21 26 $ 151 $ 214 $ 234 Rental income $ 131 $ 86 $ 73

Derivative Instruments (Notes)

Derivative Instruments (Notes)	12 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Derivative Instruments We use derivative instruments to manage certain of our market risks related to fluctuations in interest rates and foreign currency exchange rates. Interest Rate Swaps We enter into interest rate swaps with the objective of reducing our exposure to interest rate risk for a portion of our variable-rate debt interest payments. On July 25, 2016, we agreed with multiple counterparties to swap the variable LIBOR-based component of the interest payments related to $1.55 billion of borrowings under our Term Loan B Facility resulting in a fixed rate of 3.92% on the swapped portion of the Term Loan B Facility. These interest rate swaps will expire in July 2021. Further, on May 14, 2018 we entered into forward-starting interest rate swaps to fix the interest rate on $1.5 billion of borrowings under our Term Loan B Facility from the date the July 2016 swaps expire through March 2025. The interest rate swaps executed in May 2018 will result in a fixed rate of 4.81% on the swapped portion of the Term Loan B Facility from July 2021 through March 2025. These interest rate swaps are designated cash flow hedges as the changes in the future cash flows of the swaps and are expected to offset changes in expected future interest payments on the related variable-rate debt. There were no other interest rate swaps outstanding as of December 31, 2018. Gains or losses on the interest rate swaps are reported as a component of AOCI and reclassified into Interest expense, net in our Consolidated Statements of Income in the same period or periods during which the related hedged interest payments affect earnings. Through December 31, 2018, the swaps were highly effective cash flow hedges. Foreign Currency Contracts We have entered into foreign currency forward and swap contracts with the objective of reducing our exposure to earnings volatility arising from foreign currency fluctuations associated with certain foreign currency denominated intercompany receivables and payables. The notional amount, maturity date, and currency of these contracts match those of the underlying intercompany receivables or payables. Our foreign currency contracts are designated cash flow hedges as the future cash flows of the contracts are expected to offset changes in intercompany receivables and payables due to foreign currency exchange rate fluctuations. Gains or losses on the foreign currency contracts are reported as a component of AOCI. Amounts are reclassified from AOCI each quarter to offset foreign currency transaction gains or losses recorded within Other (income) expense when the related intercompany receivables and payables affect earnings due to their functional currency remeasurements. Through December 31, 2018, all foreign currency forward and swap contracts related to intercompany receivables and payables were highly effective cash flow hedges. As of December 31, 2018 and December 31, 2017, foreign currency forward and swap contracts outstanding related to intercompany receivables and payables had total notional amounts of $459 million and $456 million , respectively. As of December 31, 2018, we have foreign currency forward and swap contracts with durations expiring as early as February 2019 and as late as June 2020. As a result of the use of interest rate swaps and foreign currency contracts, the Company is exposed to risk that the counterparties will fail to meet their contractual obligations. To mitigate the counterparty credit risk, we only enter into contracts with major financial institutions carefully selected based upon their credit ratings and other factors, and continually assess the creditworthiness of counterparties. At December 31, 2018, all of the counterparties to our interest rate swaps and foreign currency contracts had investment grade ratings according to the three major ratings agencies. To date, all counterparties have performed in accordance with their contractual obligations. Gains and losses on derivative instruments designated as cash flow hedges recognized in OCI and reclassifications from AOCI into Net Income: Gains/(Losses) Recognized in OCI (Gains)/Losses Reclassified from AOCI into Net Income 2018 2017 2018 2017 Interest rate swaps $ (3 ) $ 4 $ (19 ) $ 2 Foreign currency contracts 22 (56 ) (20 ) 56 Income tax benefit/(expense) 1 1 5 (3 ) As of December 31, 2018, the estimated net gain included in AOCI related to our cash flow hedges that will be reclassified into earnings in the next 12 months is $26 million , based on current LIBOR interest rates.

Fair Value Disclosures

Fair Value Disclosures	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Disclosures	Fair Value Disclosures As of December 31, 2018 the carrying values of cash and cash equivalents, restricted cash, short-term investments, accounts receivable, short-term borrowings and accounts payable approximated their fair values because of the short-term nature of these instruments. The fair value of notes receivable net of allowances and lease guarantees less subsequent amortization approximates their carrying value. The following table presents the carrying value and estimated fair value of the Company’s debt obligations: 12/31/2018 12/31/2017 Carrying Value Fair Value (Level 2) Carrying Value Fair Value (Level 2) Securitization Notes (a) $ 2,928 $ 2,967 $ 2,271 $ 2,367 Subsidiary Senior Unsecured Notes (b) 2,850 2,733 2,850 2,983 Term Loan A Facility (b) 488 479 500 503 Term Loan B Facility (b) 1,955 1,915 1,975 1,990 YUM Senior Unsecured Notes (b) 1,875 1,798 2,200 2,277 (a) We estimated the fair value of the Securitization Notes by obtaining broker quotes from two separate brokerage firms that are knowledgeable about the Company’s Securitization Notes and, at times, trade these notes. The markets in which the Securitization Notes trade are not considered active markets. (b) We estimated the fair value of the YUM and Subsidiary Senior Unsecured Notes, Term Loan A Facility, and Term Loan B Facility using market quotes and calculations based on market rates. Recurring Fair Value Measurements The Company has interest rate swaps, foreign currency contracts, an investment in Grubhub common stock and other investments, all of which are required to be measured at fair value on a recurring basis (See Note 12 for discussion regarding derivative instruments and Note 5 for discussion regarding our investment in Grubhub common stock). The following table presents fair values for those assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the measurements fall. Fair Value Level 2018 2017 Consolidated Balance Sheet Interest Rate Swaps - Asset 2 $ 21 $ 9 Prepaid expenses and other current assets Interest Rate Swaps - Asset 2 29 40 Other assets Interest Rate Swaps - Liability 2 23 — Accounts payable and other current liabilities Foreign Currency Contracts - Asset 2 5 5 Prepaid expenses and other current assets Foreign Currency Contracts - Liability 2 24 46 Other Liabilities and deferred credits Investment in Grubhub Common Stock 1 214 — Other assets Other Investments 1 27 29 Other assets The fair value of the Company’s foreign currency contracts and interest rate swaps were determined based on the present value of expected future cash flows considering the risks involved, including nonperformance risk, and using discount rates appropriate for the duration based on observable inputs. The fair value of the investment in Grubhub common stock was determined primarily based on closing market prices for the shares. The other investments include investments in mutual funds, which are used to offset fluctuations for a portion of our deferred compensation liabilities. The other investments' fair value is determined based on the closing market prices of the respective mutual funds as of December 31, 2018 and December 31, 2017. Non-Recurring Fair Value Measurements During the years ended December 31, 2018 and December 31, 2017, we recognized non-recurring fair value measurements of $1 million and $2 million

Pension, Retiree Medical and Re

Pension, Retiree Medical and Retiree Savings Plans	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Retiree Medical Benefits	Pension, Retiree Medical and Retiree Savings Plans U.S. Pension Plans We sponsor qualified and supplemental (non-qualified) noncontributory defined benefit plans covering certain full-time salaried and hourly U.S. employees. The qualified plan meets the requirements of certain sections of the Internal Revenue Code and provides benefits to a broad group of employees with restrictions on discriminating in favor of highly compensated employees with regard to coverage, benefits and contributions. The supplemental plans provide additional benefits to certain employees. We fund our supplemental plans as benefits are paid. The most significant of our U.S. plans is the YUM Retirement Plan (the “Plan”), which is a qualified plan. Our funding policy with respect to the Plan is to contribute amounts necessary to satisfy minimum pension funding requirements, including requirements of the Pension Protection Act of 2006, plus additional amounts from time-to-time as are determined to be necessary to improve the Plan’s funded status. We do not expect to make any significant contributions to the Plan in 2019. Our two significant U.S. plans were previously amended such that any salaried employee hired or rehired by YUM after September 30, 2001 is not eligible to participate in those plans. During the fourth quarter of 2016, the Company allowed certain former employees with deferred vested balances in the Plan an opportunity to voluntarily elect an early payout of their benefits. See Note 5 for details. We do not anticipate any plan assets being returned to the Company during 2019 for any U.S. plans. Obligation and Funded Status at Measurement Date: The following chart summarizes the balance sheet impact, as well as benefit obligations, assets, and funded status associated with our two significant U.S. pension plans. The actuarial valuations for all plans reflect measurement dates coinciding with our fiscal year end. 2018 2017 Change in benefit obligation: Benefit obligation at beginning of year $ 1,007 $ 993 Service cost 8 10 Interest cost 38 41 Plan amendments 1 2 Curtailments — (2 ) Special termination benefits 1 2 Benefits paid (73 ) (76 ) Settlement payments — (73 ) Actuarial (gain) loss (109 ) 115 Administrative expense — (5 ) Benefit obligation at end of year $ 873 $ 1,007 A significant component of the overall decrease in the Company's benefit obligation for the year ended December 31, 2018 was due to the change in discount rates used to measure our benefit obligation, which increased from 3.90% at December 31, 2017 to 4.60% at December 31, 2018. A significant component of the overall increase in the Company's benefit obligation for the year ended December 31, 2017 was also due to the change in discount rates used to measure our benefit obligation, which decreased from 4.60% at December 31, 2016 to 3.90% at December 31, 2017. Change in plan assets: Fair value of plan assets at beginning of year $ 864 $ 837 Actual return on plan assets (49 ) 129 Employer contributions 13 52 Settlement payments — (73 ) Benefits paid (73 ) (76 ) Administrative expenses — (5 ) Fair value of plan assets at end of year $ 755 $ 864 Funded status at end of year $ (118 ) $ (143 ) Amounts recognized in the Consolidated Balance Sheet: 2018 2017 Accrued benefit liability - current $ (5 ) $ (8 ) Accrued benefit liability - non-current (113 ) (135 ) $ (118 ) $ (143 ) The accumulated benefit obligation was $849 million and $976 million at December 31, 2018 and December 31, 2017 , respectively. Information for pension plans with an accumulated benefit obligation in excess of plan assets: 2018 2017 Projected benefit obligation $ 873 $ 1,007 Accumulated benefit obligation 849 976 Fair value of plan assets 755 864 Information for pension plans with a projected benefit obligation in excess of plan assets: 2018 2017 Projected benefit obligation $ 873 $ 1,007 Accumulated benefit obligation 849 976 Fair value of plan assets 755 864 Components of net periodic benefit cost: 2018 2017 2016 Service cost $ 8 $ 10 $ 17 Interest cost 38 41 54 Amortization of prior service cost (a) 5 6 6 Expected return on plan assets (44 ) (45 ) (65 ) Amortization of net loss 16 5 6 Net periodic benefit cost $ 23 $ 17 $ 18 Additional (gain) loss recognized due to: Settlement charges (b) $ — $ 19 $ 32 Special termination benefits $ 1 $ 2 $ 3 Pension data adjustment (c) $ — $ 22 $ — (a) Prior service costs are amortized on a straight-line basis over the average remaining service period of employees expected to receive benefits. (b) Settlement losses result when benefit payments exceed the sum of the service cost and interest cost within a plan during the year. These losses were recorded in Other pension (income) expense. (c) Reflects a non-cash, out-of-year charge related to the adjustment of certain historical deferred vested liability balances in the Plan during the first quarter of 2017 recorded in Other pension (income) expense. See Note 5. Pension gains (losses) in AOCI: 2018 2017 Beginning of year $ (160 ) $ (180 ) Net actuarial gain (loss) 17 (10 ) Curtailments — 2 Amortization of net loss 16 5 Amortization of prior service cost 5 6 Prior service cost (1 ) (2 ) Settlement charges — 19 End of year $ (123 ) $ (160 ) Accumulated pre-tax losses recognized within AOCI: 2018 2017 Actuarial net loss $ (101 ) $ (134 ) Prior service cost (22 ) (26 ) $ (123 ) $ (160 ) Weighted-average assumptions used to determine benefit obligations at the measurement dates: 2018 2017 Discount rate 4.60 % 3.90 % Rate of compensation increase 3.00 % 3.75 % Weighted-average assumptions used to determine the net periodic benefit cost for fiscal years: 2018 2017 (a) 2016 Discount rate 3.90 % 4.53 % 4.90 % Long-term rate of return on plan assets 5.65 % 6.06 % 6.75 % Rate of compensation increase 3.75 % 3.75 % 3.75 % (a) Reflects a weighted average due to interim re-measurements in 2017. Our estimated long-term rate of return on plan assets represents the weighted-average of expected future returns on the asset categories included in our target investment allocation based primarily on the historical returns for each asset category and future growth expectations. Plan Assets The fair values of our pension plan assets at December 31, 2018 and December 31, 2017 by asset category and level within the fair value hierarchy are as follows: 2018 2017 Level 1: Cash $ 3 $ 3 Cash Equivalents (a) 10 12 Fixed Income Securities - U.S. Corporate (b) 140 177 Equity Securities – U.S. Large cap (b) 215 257 Equity Securities – U.S. Mid cap (b) 35 43 Equity Securities – U.S. Small cap (b) 34 43 Equity Securities – Non-U.S. (b) 74 87 Level 2: Fixed Income Securities – U.S. Corporate (c) 106 86 Fixed Income Securities – U.S. Government and Government Agencies (d) 161 177 Fixed Income Securities – Other (d) 18 35 Total fair value of plan assets (e) $ 796 $ 920 (a) Short-term investments in money market funds. (b) Securities held in common trusts. (c) Investments held directly by the Plan. (d) Includes securities held in common trusts and investments held directly by the Plan. (e) 2018 and 2017 exclude net unsettled trade payables of $41 million and $56 million , respectively. Our primary objectives regarding the investment strategy for the Plan’s assets are to reduce interest rate and market risk and to provide adequate liquidity to meet immediate and future payment requirements. To achieve these objectives, we are using a combination of active and passive investment strategies. The Plan's equity securities, currently targeted to be 50% of our investment mix, consist primarily of low-cost index funds focused on achieving long-term capital appreciation. The Plan diversifies its equity risk by investing in several different U.S. and foreign market index funds. Investing in these index funds provides the Plan with the adequate liquidity required to fund benefit payments and plan expenses. The fixed income asset allocation, currently targeted to be 50% of our mix, is actively managed and consists of long-duration fixed income securities that help to reduce exposure to interest rate variation and to better correlate asset maturities with obligations. The fair values of all pension plan assets are determined based on closing market prices or net asset values. A mutual fund held as an investment by the Plan includes shares of Common Stock valued at $0.3 million at both December 31, 2018 and December 31, 2017 (less than 1% of total plan assets in each instance). Benefit Payments The benefits expected to be paid in each of the next five years and in the aggregate for the five years thereafter are set forth below: Year ended: 2019 $ 39 2020 40 2021 43 2022 45 2023 48 2024 - 2028 269 Expected benefit payments are estimated based on the same assumptions used to measure our benefit obligation on the measurement date and include benefits attributable to estimated future employee service. International Pension Plans We also sponsor various defined benefit plans covering certain of our non-U.S. employees, the most significant of which are in the UK. Both of our UK plans have previously been frozen such that they are closed to new participants and existing participants can no longer earn future service credits. At the end of 2018 and 2017, the projected benefit obligations of these UK plans totaled $233 million and $287 million , respectively and plan assets totaled $319 million and $358 million , respectively. These plans were both in a net overfunded position at the end of 2018 and 2017 and related expense amounts recorded in each of 2018, 2017 and 2016 were not significant. The funding rules for our pension plans outside of the U.S. vary from country to country and depend on many factors including discount rates, performance of plan assets, local laws and regulations. We do not plan to make significant contributions to either of our UK plans in 2019. Retiree Medical Benefits Our post-retirement plan provides health care benefits, principally to U.S. salaried retirees and their dependents, and includes retiree cost-sharing provisions. This plan was previously amended such that any salaried employee hired or rehired by YUM after September 30, 2001 is not eligible to participate in this plan. Employees hired prior to September 30, 2001 are eligible for benefits if they meet age and service requirements and qualify for retirement benefits. We fund our post-retirement plan as benefits are paid. At the end of 2018 and 2017 , the accumulated post-retirement benefit obligation was $45 million and $55 million , respectively. Actuarial pre-tax gains of $13 million and $8 million were recognized in AOCI at the end of 2018 and 2017 , respectively. The net periodic benefit cost recorded was $2 million in 2018 , $2 million in 2017 and $3 million in 2016 , the majority of which is interest cost on the accumulated post-retirement benefit obligation. The weighted-average assumptions used to determine benefit obligations and net periodic benefit cost for the post-retirement medical plan are identical to those as shown for the U.S. pension plans. There is a cap on our medical liability for all retirees at the end of 2018 and certain retirees at the end of 2017. The benefits expected to be paid in each of the next five years are approximately $4 million and in aggregate for the five years thereafter are $16 million . Retiree Savings Plan We sponsor a contributory plan to provide retirement benefits under the provisions of Section 401(k) of the Internal Revenue Code (the “401(k) Plan”) for eligible U.S. salaried and hourly employees. Participants are able to elect to contribute up to 75% of eligible compensation on a pre-tax basis. Participants may allocate their contributions to one or any combination of multiple investment options or a self-managed account within the 401(k) Plan. We match 100% of the participant’s contribution to the 401(k) Plan up to 6% of eligible compensation. We recognized as compensation expense our total matching contribution of $12 million in 2018 , $13 million in 2017 and $14 million in 2016

Share-based and Deferred Compen

Share-based and Deferred Compensation Plans	12 Months Ended
	Dec. 31, 2018
Compensation Related Costs [Abstract]
Share-based and Deferred Compensation Plans	Share-based and Deferred Compensation Plans Overview At year end 2018, we had one stock award plan in effect: the YUM! Brands, Inc. Long-Term Incentive Plan (the “LTIP”). Under the LTIP, the exercise price of stock options and SARs granted must be equal to or greater than the average market price or the ending market price of the Company’s stock on the date of grant. Potential awards to employees and non-employee directors under the LTIP include stock options, incentive stock options, SARs, restricted stock, restricted stock units (“RSUs”), performance restricted stock units, performance share units (“PSUs”) and performance units. We have issued only stock options, SARs, RSUs and PSUs under the LTIP. While awards under the LTIP can have varying vesting provisions and exercise periods, outstanding awards under the LTIP vest in periods ranging from immediate to five years. Stock options and SARs generally expire ten years after grant. At year end 2018 , approximately 28 million shares were available for future share-based compensation grants under the LTIP. Our EID Plan allows participants to defer receipt of a portion of their annual salary and all or a portion of their incentive compensation. As defined by the EID Plan, we credit the amounts deferred with earnings based on the investment options selected by the participants. These investment options are limited to cash, phantom shares of our Common Stock, phantom shares of a Stock Index Fund and phantom shares of a Bond Index Fund. Investments in cash and phantom shares of both index funds will be distributed in cash at a date as elected by the employee and therefore are classified as a liability on our Consolidated Balance Sheets. We recognize compensation expense for the appreciation or the depreciation, if any, of investments in cash and both of the index funds. Deferrals into the phantom shares of our Common Stock will be distributed in shares of our Common Stock, under the LTIP, at a date as elected by the employee and therefore are classified in Common Stock on our Consolidated Balance Sheets. We do not recognize compensation expense for the appreciation or the depreciation, if any, of investments in phantom shares of our Common Stock. Our EID plan also allows certain participants to defer incentive compensation to purchase phantom shares of our Common Stock and receive a 33% Company match on the amount deferred. Deferrals receiving a match are similar to a RSU award in that participants will generally forfeit both the match and incentive compensation amounts deferred if they voluntarily separate from employment during a vesting period that is two years from the date of deferral. We expense the intrinsic value of the match and the incentive compensation amount over the requisite service period which includes the vesting period. Historically, the Company has repurchased shares on the open market in excess of the amount necessary to satisfy award exercises and expects to continue to do so in 2019. In connection with the Separation of our China business in the prior year, under the provisions of our LTIP, employee stock options, SARs, RSUs and PSUs were adjusted to maintain the pre-spin intrinsic value of the awards. Depending on the tax laws of the country of employment, awards were modified using either the shareholder method or the employer method. The modifications to the outstanding equity awards resulted in an insignificant amount of additional compensation expense in the year ended December 31, 2016. Share-based compensation as recorded in Income from continuing operations is based on the amortization of the fair value for both YUM and Yum China awards held by YUM employees. Share issuances for Yum China awards held by YUM employees will be satisfied by Yum China. Share issuances for YUM awards held by Yum China employees are being satisfied by YUM. Under the shareholder method, investments in phantom shares of our Common Stock held within our EID Plan were partially converted into phantom investments in Yum China. Through October 31, 2018, distributions of investments in phantom shares of Yum China could be settled in cash, as opposed to stock, at a date as elected by the employee and, therefore, were classified as a liability and remeasured to fair value at each reporting period in our Consolidated Balance Sheet. During 2018, 2017 and 2016, we recorded a $3 million credit, a $18 million charge and a $30 million charge, respectively, within G&A related to these awards (See Note 5). As of October 31, 2018, deferrals in phantom shares of Yum China common stock are no longer an investment option within our EID Plan and any balances relating to these shares were moved to another available EID Plan investment option as selected by the participants. Amounts directed into cash or phantom shares of a Stock Index Fund or a Bond Index Fund remained classified as a liability and any appreciation or depreciation in these investments from the transfer date forward will be recognized as compensation expense. Any amounts directed into phantom shares of YUM Common Stock were reclassified to Common Stock on our Consolidated Balance Sheet. We do not recognize compensation expense for the appreciation or depreciation, if any, of investments in phantom shares of our Common Stock. Award Valuation We estimated the fair value of each stock option and SAR award as of the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions: 2018 2017 2016 Risk-free interest rate 2.5 % 1.9 % 1.4 % Expected term (years) 6.5 years 6.4 years 6.4 years Expected volatility 22.0 % 22.9 % 27.0 % Expected dividend yield 1.8 % 1.8 % 2.6 % We believe it is appropriate to group our stock option and SAR awards into two homogeneous groups when estimating expected term. These groups consist of grants made primarily to restaurant-level employees, which cliff-vest after 4 years and expire 10 years after grant, and grants made to executives, which typically have a graded vesting schedule of 25% per year over 4 years and expire 10 years after grant. We use a single weighted-average term for our awards that have a graded vesting schedule. Based on analysis of our historical exercise and post-vesting termination behavior, we have determined that our restaurant-level employees and our executives exercised the awards on average after 5 years and 6.5 years, respectively. When determining expected volatility, we consider both historical volatility of our stock as well as implied volatility associated with our publicly traded options. The expected dividend yield is based on the annual dividend yield at the time of grant. The fair values of RSU and PSU awards are based on the closing price of our Common Stock on the date of grant. Award Activity Stock Options and SARs Shares (in thousands) Weighted-Average Exercise Price Weighted- Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in millions) Outstanding at the beginning of the year 18,285 $ 44.85 Granted 2,580 78.35 Exercised (3,832 ) 34.05 Forfeited or expired (842 ) 71.72 Outstanding at the end of the year 16,191 (a) 51.84 5.50 $ 626 Exercisable at the end of the year 10,297 $ 43.23 4.02 $ 501 (a) Outstanding awards include 753 options and 15,438 SARs with weighted average exercise prices of $42.40 and $52.30 , respectively. Outstanding awards represent YUM awards held by employees of both YUM and Yum China. The weighted-average grant-date fair value of stock options and SARs granted during 2018 , 2017 and 2016 was $16.45 , $14.08 and $14.40 , respectively. The total intrinsic value of stock options and SARs exercised during the years ended December 31, 2018 , December 31, 2017 and December 31, 2016 , was $195 million , $154 million and $263 million , respectively. As of December 31, 2018 , $48 million of unrecognized compensation cost related to unvested stock options and SARs, which will be reduced by any forfeitures that occur, is expected to be recognized over a remaining weighted-average period of approximately 1.6 years. This reflects unrecognized cost for both YUM and Yum China awards held by YUM employees. The total fair value at grant date of awards for both YUM and Yum China awards held by YUM employees that vested during 2018 , 2017 and 2016 was $28 million , $33 million and $41 million , respectively. RSUs and PSUs As of December 31, 2018 , there was $21 million of unrecognized compensation cost related to 1.0 million unvested RSUs and PSUs, none of which related to Yum China common stock. The total fair value at grant date of awards that vested during 2018, 2017 and 2016 was $16 million , $10 million and $7 million , respectively. Impact on Net Income The components of share-based compensation expense and the related income tax benefits are shown in the following table: 2018 2017 2016 Options and SARs $ 37 $ 30 $ 38 Restricted Stock Units 6 26 38 Performance Share Units 7 9 4 Total Share-based Compensation Expense $ 50 (a) $ 65 (a) $ 80 (b) Deferred Tax Benefit recognized $ 9 $ 22 (c) $ 26 (c) EID compensation expense not share-based $ (2 ) $ 12 $ 5 (a) Includes $3 million of appreciation and $18 million of depreciation in the market price of Yum China's stock in 2018 and 2017, respectively. See Note 5. (b) Includes $30 million due to modifications of awards in connection with the Separation that was not allocated to any of our operating segments for performance purposes. See Note 5. (c) Deferred tax benefit recognized does not reflect the impact of the Tax Act. See Note 17. Cash received from stock option exercises for 2018 , 2017 and 2016 , was $5.5 million , $12 million and $5 million , respectively. Tax benefits realized on our tax returns from tax deductions associated with share-based compensation for 2018 , 2017 and 2016 totaled $60 million , $153 million and $109 million , respectively.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Deficit Under the authority of our Board of Directors, we repurchased shares of our Common Stock during 2018 , 2017 and 2016 . All amounts exclude applicable transaction fees. Shares Repurchased (thousands) Dollar Value of Shares Repurchased Authorization Date 2018 2017 2016 2018 2017 2016 August 2018 10,003 — — $ 894 $ — $ — November 2017 18,240 — — 1,500 — — November 2016 — 26,561 1,337 — 1,915 85 May 2016 — — 50,435 — — 4,200 March 2016 — — 2,823 — — 229 December 2015 — — 13,368 — — 933 Total 28,243 (a) 26,561 (b) 67,963 (b) $ 2,394 (a) $ 1,915 (b) $ 5,447 (b) (a) Includes the effect of $5 million in share repurchases ( 0.1 million shares) with trade dates on, or prior to, December 31, 2018 but settlement dates subsequent to December 31, 2018. (b) 2017 amount excludes and 2016 amount includes the effect of $45 million in share repurchases ( 0.7 million shares) with trade dates prior to December 31, 2016 but settlement dates subsequent to December 31, 2016. On August 10, 2018, our Board of Directors authorized share repurchases through December 2019 of up to $2 billion (excluding applicable transaction fees) of our outstanding Common Stock. As of December 31, 2018, we have remaining capacity to repurchase up to $1.1 billion of Common Stock under this authorization. Changes in AOCI are presented below. Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature (a) Pension and Post-Retirement Benefits (b) Derivative Instruments (c) Total Balance at December 31, 2016, net of tax $ (336 ) $ (127 ) $ 5 $ (458 ) OCI, net of tax Gains (losses) arising during the year classified into AOCI, net of tax 107 (13 ) (51 ) 43 (Gains) losses reclassified from AOCI, net of tax 55 34 55 144 162 21 4 187 Balance at December 31, 2017, net of tax $ (174 ) $ (106 ) $ 9 $ (271 ) Adoption of accounting standards 21 (d) (17 ) (e) (2 ) (e) 2 OCI, net of tax Gains (losses) arising during the year classified into AOCI, net of tax (88 ) 24 20 (44 ) (Gains) losses reclassified from AOCI, net of tax (4 ) 17 (34 ) (21 ) (92 ) 41 (14 ) (65 ) Balance at December 31, 2018, net of tax $ (245 ) $ (82 ) $ (7 ) $ (334 ) (a) Amounts reclassified from AOCI are due to substantially complete liquidations of foreign entities related to the KFC and Pizza Hut Brazil refranchising transactions during 2018 and KFC Turkey, Pizza Hut Turkey, Pizza Hut Thailand and Pizza Hut Korea refranchising transactions during 2017. (b) Amounts reclassified from AOCI for pension and post-retirement benefit plan losses during 2018 include amortization of net losses of $17 million , amortization of prior service cost of $5 million and related income tax benefit of $5 million . Amounts reclassified from AOCI for pension and post-retirement benefit plan losses during 2017 include amortization of net losses of $5 million , historical pension data adjustment of $22 million , settlement charges of $20 million , amortization of prior service cost of $5 million and related income tax benefit of $18 million . See Note 14. (c) See Note 12 for details on amounts reclassified from AOCI. (d) Represents the impact of foreign currency translation from the adoption of Topic 606. See Notes 2 and 5. (e)

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes U.S. and foreign income before taxes are set forth below: 2018 2017 2016 U.S. $ 726 $ 662 $ 366 Foreign 1,113 1,612 979 $ 1,839 $ 2,274 $ 1,345 The details of our income tax provision (benefit) are set forth below: 2018 2017 2016 Current: Federal $ 102 $ (2 ) $ 126 Foreign 181 290 160 State 25 12 13 $ 308 $ 300 $ 299 Deferred: Federal $ (24 ) $ 603 $ 19 Foreign 5 19 3 State 8 12 6 $ (11 ) $ 634 $ 28 $ 297 $ 934 $ 327 The reconciliation of income taxes calculated at the U.S. federal statutory rate to our effective tax rate is set forth below: 2018 2017 2016 U.S. federal statutory rate 21.0 % 35.0 % 35.0 % State income tax, net of federal tax 1.0 0.5 1.1 Statutory rate differential attributable to foreign operations (12.3 ) (9.3 ) (10.5 ) Adjustments to reserves and prior years 2.8 0.5 (0.8 ) Share-based compensation (2.5 ) (5.1 ) — Change in valuation allowances 8.5 1.5 (0.2 ) Other, net (0.4 ) (1.1 ) (0.3 ) Tax Act Enactment (1.9 ) 19.1 — Effective income tax rate 16.2 % 41.1 % 24.3 % Statutory rate differential attributable to foreign operations. This item includes local taxes, withholding taxes, and shareholder-level taxes, net of foreign tax credits. In 2018, this benefit was positively impacted by approximately 8 percentage points due to a transaction resulting in the recognition of excess foreign tax credits that were fully offset by expense included in change in valuation allowances. 2016 and 2017 is favorably impacted by a majority of our income being earned outside of the U.S. where tax rates were generally lower than the U.S. rate. Adjustments to reserves and prior years. This item includes: (1) changes in tax reserves, including interest thereon, established for potential exposure we may incur if a taxing authority takes a position on a matter contrary to our position; and (2) the effects of reconciling income tax amounts recorded in our Consolidated Statements of Income to amounts reflected on our tax returns, including any adjustments to the Consolidated Balance Sheets. The impact of certain effects or changes may offset items reflected in the 'Statutory rate differential attributable to foreign operations' line. In 2018, this item was unfavorably impacted by a $20 million reserve related to a current year uncertain tax position related to a dispute concerning the income tax rate to be applied to our 2018 income in a foreign market and a $19 million charge for the correction of an error associated with the tax recorded on a prior year divestiture. In 2016, this item was favorably impacted by the resolution of uncertain tax positions in the U.S. Share-based compensation. 2018 and 2017 includes $47 million and $117 million , respectively, of excess tax benefit related to share-based compensation. The 2017 excess tax benefits were largely associated with deferred compensation payouts to recently retired employees. Change in valuation allowances. This item relates to changes for deferred tax assets generated or utilized during the current year and changes in our judgment regarding the likelihood of using deferred tax assets that existed at the beginning of the year. The impact of certain changes may offset items reflected in the 'Statutory rate differential attributable to foreign operations' line. In 2018, $156 million of net tax expense was driven by valuation allowances recorded against deferred tax assets generated in the current year. This amount excludes a valuation allowance release of $78 million , which is included in the "Tax Act Enactment" line. In 2017, $34 million of net tax expense was driven by valuation allowances recorded against deferred tax assets generated in the current year. This amount excludes a valuation allowance of $189 million , which is included in the "Tax Act Enactment" line. In 2016, $3 million of net tax benefit was driven by $14 million in net tax expense for valuation allowances recorded against deferred tax assets generated in the current year and $17 million in net tax benefit for valuation allowances resulting from a change in judgment regarding the future use of certain deferred tax assets that existed at the beginning of the year. Other. This item primarily includes the net impact of permanent differences related to current year earnings as well as U.S. tax credits and deductions. In 2018 and 2017, this item was primarily driven by the favorable impact of certain international refranchising gains. Tax Act Enactment. On December 22, 2017, the U.S. government enacted comprehensive Federal tax legislation commonly referred to as the Tax Cuts and Jobs Act of 2017 (the "Tax Act"). The Tax Act significantly modifies the U.S. corporate income tax system by, among other things, reducing the federal income tax rate from 35% to 21% , limiting certain deductions, including limiting the deductibility of interest expense to 30% of U.S. Earnings Before Interest, Taxes, Depreciation and Amortization, imposing a mandatory one-time deemed repatriation tax on accumulated foreign earnings and creating a territorial tax system that changes the manner in which foreign earnings are subject to U.S. tax. On December 22, 2017, the SEC staff issued Staff Accounting Bulletin 118 which allowed us to record provisional amounts related to the impacts of the Tax Act during a measurement period not to extend beyond one year of the enactment date. As a result, we recorded a $434 million provisional estimate of the effect of the Tax Act in 2017. This expense was comprised of an estimate of our deemed repatriation tax, the remeasurement of net deferred tax assets resulting from the permanent reduction in the U.S. tax rate to 21% , and establishment of a valuation allowance on foreign tax credit carryforwards which are unlikely to be realized under the U.S. territorial tax system. In 2018, we completed the accounting for the tax effects of the enactment of the Tax Act. As a result of the Tax Act, we recorded cumulative net tax expense of $399 million ( $35 million benefit in 2018 and $434 million expense in 2017). This net expense was comprised of $241 million for our deemed repatriation tax liability, $47 million related to the remeasurement of our net deferred tax assets to the 21% U.S. tax rate and $111 million to establish a valuation allowance on foreign tax credits that are unlikely to be realized under the U.S. territorial tax system. Companies subject to the Global Intangible Low-Taxed Income provision (GILTI) have the option to account for the GILTI tax as a period cost if and when incurred, or to recognize deferred taxes for outside basis temporary differences expected to reverse as GILTI. The Company has elected to account for GILTI as a period cost. The details of 2018 and 2017 deferred tax assets (liabilities) are set forth below: 2018 2017 Operating losses $ 180 $ 216 Capital losses 3 4 Tax credit carryforwards 266 311 Employee benefits 72 94 Share-based compensation 62 58 Self-insured casualty claims 7 7 Lease-related liabilities 43 51 Various liabilities 43 51 Property, plant and equipment 19 24 Deferred income and other 53 31 Gross deferred tax assets 748 847 Deferred tax asset valuation allowances (454 ) (421 ) Net deferred tax assets $ 294 $ 426 Intangible assets, including goodwill $ (42 ) $ (69 ) Property, plant and equipment (33 ) (18 ) Deemed repatriation tax — (170 ) Other (31 ) (36 ) Gross deferred tax liabilities $ (106 ) $ (293 ) Net deferred tax assets (liabilities) $ 188 $ 133 Reported in Consolidated Balance Sheets as: Deferred income taxes $ 195 $ 139 Other liabilities and deferred credits (7 ) (6 ) $ 188 $ 133 As of December 31, 2018, we had approximately $3.6 billion of unremitted foreign retained earnings. The Tax Act imposed U.S. federal tax on all post-1986 foreign Earnings and Profits accumulated through December 31, 2017. Repatriation of earnings generated after December 31, 2017, will generally be eligible for the 100% dividends received deduction and, therefore, exempt from U.S. tax. All undistributed earnings may still be subject to certain taxes upon repatriation, primarily where foreign withholding taxes apply. Our intent is to indefinitely reinvest our unremitted earnings outside the U.S. and our current plans do not demonstrate a need to repatriate these amounts to fund our U.S. operations. Thus, we have not provided taxes, including U.S. state income, foreign income, or foreign withholding taxes, for the unremitted earnings that we believe are permanently invested. However, if these funds were repatriated in taxable transactions, we would be required to accrue and pay applicable income taxes (if any) and foreign withholding taxes. A determination of the deferred tax liability on this amount is not practicable due to the complexities, variables and assumptions inherent in the hypothetical calculations. At December 31, 2018, the Company has foreign operating and capital loss carryforwards of $0.4 billion , U.S. state operating loss and tax credit carryforwards of $1.0 billion , and U.S. federal tax credit carryforwards of $0.3 billion . The tax losses are being carried forward in jurisdictions where we are permitted to use losses from prior periods to reduce future taxable income. The losses and tax credits will expire as follows: Year of Expiration 2019 2020-2023 2024-2037 Indefinitely Total Foreign $ 2 $ 22 $ 46 $ 346 $ 416 U.S. state — 78 941 — 1,019 U.S. federal — 49 207 — 256 $ 2 $ 149 $ 1,194 $ 346 $ 1,691 Valuation allowances of $0.1 billion , $0.1 billion and $0.3 billion have been recorded against the foreign operating loss and capital loss carryforwards, the U.S. state operating loss and tax credit carryforwards, and the U.S. federal tax credit carryforwards, respectively, that are not likely to be realized. We recognize the benefit of positions taken or expected to be taken in tax returns in the Consolidated Financial Statements when it is more likely than not that the position would be sustained upon examination by tax authorities. A recognized tax position is measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement. The Company had $113 million and $100 million of unrecognized tax benefits at December 31, 2018 and December 31, 2017 , respectively, $10 million of which, for both years, are temporary in nature and if recognized, would not impact the effective income tax rate. A reconciliation of the beginning and ending amount of unrecognized tax benefits follows: 2018 2017 Beginning of Year $ 100 $ 91 Additions on tax positions - current year 19 3 Additions for tax positions - prior years — 8 Reductions for tax positions - prior years (5 ) — Reductions for settlements — (1 ) Reductions due to statute expiration (1 ) (1 ) Foreign currency translation adjustment — — End of Year $ 113 $ 100 The Company believes it is reasonably possible that its unrecognized tax benefits as of December 31, 2018 may decrease by approximately $22 million in the next 12 months due to settlements or statute of limitations expirations. The Company’s income tax returns are subject to examination in the U.S. federal jurisdiction and numerous U.S. state and foreign jurisdictions. The Company has settled audits with the IRS through fiscal year 2010 and is currently under IRS examination for 2011-2015. Our operations in certain foreign jurisdictions remain subject to examination for tax years as far back as 2006, some of which years are currently under audit by local tax authorities. The accrued interest and penalties related to income taxes at December 31, 2018 and December 31, 2017 were $12 million and $14 million , respectively. During 2018 , 2017 and 2016 , a net benefit of $2 million , a net expense of $5 million and a net benefit of $4 million

Reportable Operating Segments

Reportable Operating Segments	12 Months Ended
	Dec. 31, 2018
Reportable Operating Segments [Abstract]
Reportable Operating Segments	Reportable Operating Segments See Note 1 for a description of our operating segments. Revenues 2018 2017 2016 KFC Division (a) $ 2,644 $ 3,110 $ 3,225 Pizza Hut Division (a) 988 893 1,108 Taco Bell Division (a) 2,056 1,880 2,025 Unallocated (b)(f) — (5 ) (2 ) $ 5,688 $ 5,878 $ 6,356 Operating Profit; Interest Expense, Net; and Income Before Income Taxes 2018 2017 2016 KFC Division $ 959 $ 981 $ 871 Pizza Hut Division 348 341 367 Taco Bell Division 633 619 595 Corporate and unallocated G&A expenses (b)(g) (171 ) (230 ) (280 ) Unallocated restaurant costs (b)(i) 3 10 — Unallocated Franchise and property revenues (b)(f) — (5 ) (2 ) Unallocated Franchise and property expenses (b)(f) (8 ) (30 ) (24 ) Unallocated Refranchising gain (loss) (b) 540 1,083 163 Unallocated Other income (expense) (b)(h) (8 ) (8 ) (8 ) Operating Profit 2,296 2,761 1,682 Investment income (expense), net (b) 9 5 2 Other pension income (expense) (b)(j) (14 ) (47 ) (32 ) Interest expense, net (b) (452 ) (445 ) (307 ) Income from continuing operations before income taxes $ 1,839 $ 2,274 $ 1,345 Depreciation and Amortization 2018 2017 2016 KFC Division $ 58 $ 138 $ 172 Pizza Hut Division 10 26 36 Taco Bell Division 61 82 90 Corporate 8 7 12 $ 137 $ 253 $ 310 Capital Spending 2018 2017 2016 KFC Division $ 105 $ 176 $ 216 Pizza Hut Division 38 42 69 Taco Bell Division 85 95 132 Corporate 6 5 10 $ 234 $ 318 $ 427 Identifiable Assets (e) 2018 2017 KFC Division $ 1,481 $ 1,791 Pizza Hut Division 701 628 Taco Bell Division 1,074 1,086 Corporate (c) 874 1,806 $ 4,130 $ 5,311 Long-Lived Assets (d) 2018 2017 KFC Division $ 868 $ 1,200 Pizza Hut Division 384 311 Taco Bell Division 720 778 Corporate 32 31 $ 2,004 $ 2,320 (a) U.S. revenues included in the combined KFC, Pizza Hut and Taco Bell Divisions totaled $2.9 billion in 2018, $2.8 billion in 2017 and $3.1 billion in 2016. (b) Amounts have not been allocated to any segment for performance reporting purposes. (c) Primarily includes cash, our Grubhub investment and deferred tax assets. (d) Includes PP&E, goodwill, and intangible assets, net. (e) U.S. identifiable assets included in the combined Corporate and KFC, Pizza Hut and Taco Bell Divisions totaled $2.0 billion and $3.0 billion in 2018 and 2017, respectively. (f) Represents costs associated with the KFC U.S. Acceleration Agreement and Pizza Hut U.S. Transformation Agreement. See Note 5. (g) Amounts in 2018 include costs related to YUM's Strategic Transformation Initiatives of $8 million , partially offset by non-cash credits associated with modifications of share-based compensation awards of $3 million . Amounts in 2017 include costs related to YUM’s Strategic Transformation Initiatives of $21 million , non-cash charges associated with modifications of share-based compensation awards of $18 million and costs associated with the Pizza Hut U.S. Transformation Agreement of $13 million . See Note 5. (h) Amounts include losses associated with the sale of corporate aircraft related to YUM’s Strategic Transformation Initiatives of $2 million in 2017. See Note 7. (i) Represents depreciation reductions arising primarily from KFC restaurants that were held-for-sale. See Note 5. (j) Amounts in 2017 include a non-cash charge of $22 million

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Lease Guarantees As a result of having assigned our interest in obligations under real estate leases as a condition to the refranchising of certain Company-owned restaurants, and guaranteeing certain other leases, we are frequently secondarily liable on lease agreements. These leases have varying terms, the latest of which expires in 2065. As of December 31, 2018 , the potential amount of undiscounted payments we could be required to make in the event of non-payment by the primary lessee was approximately $525 million . The present value of these potential payments discounted at our pre-tax cost of debt at December 31, 2018 was approximately $425 million . Our franchisees are the primary lessees under the vast majority of these leases. We generally have cross-default provisions with these franchisees that would put them in default of their franchise agreement in the event of non- payment under the lease. We believe these cross-default provisions significantly reduce the risk that we will be required to make payments under these leases. Accordingly, the liability recorded for our probable exposure under such leases at December 31, 2018 and December 31, 2017 was not material. Franchise Loan Pool and Equipment Guarantees We have agreed to provide financial support, if required, to a variable interest entity that operates a franchisee lending program used primarily to assist franchisees in the development of new restaurants or the upgrade of existing restaurants and, to a lesser extent, in connection with the Company’s refranchising programs in the U.S. We have determined that we are not required to consolidate this entity as we share the power to direct this entity’s lending activity with other parties. We have provided guarantees of 20% of the outstanding loans of the franchisee loan program. As such, at December 31, 2018 our guarantee exposure under this program is $2 million based on total loans outstanding of $9 million . In addition to the guarantees described above, YUM has agreed to provide guarantees of up to $26 million on behalf of franchisees for several financing programs related to equipment purchases and refranchising. At December 31, 2018 , our guarantee exposure under these financing programs is $10 million based on total loans outstanding of $50 million . Insurance Programs We are self-insured for a substantial portion of our current and prior years’ coverage including property and casualty losses. To mitigate the cost of our exposures for certain property and casualty losses, we self-insure the risks of loss up to defined maximum per occurrence retentions on a line-by-line basis. The Company then purchases insurance coverage, up to a certain limit, for losses that exceed the self-insurance per occurrence retention. The insurers’ maximum aggregate loss limits are significantly above our actuarially determined probable losses; therefore, we believe the likelihood of losses exceeding the insurers’ maximum aggregate loss limits is remote. The following table summarizes the 2018 and 2017 activity related to our net self-insured property and casualty reserves as of December 31, 2018 . Beginning Balance Expense Payments Ending Balance 2018 Activity $ 84 11 (29 ) $ 66 2017 Activity $ 98 27 (41 ) $ 84 Due to the inherent volatility of actuarially determined property and casualty loss estimates, it is reasonably possible that we could experience changes in estimated losses which could be material to our growth in quarterly and annual Net Income. We believe that we have recorded reserves for property and casualty losses at a level which has substantially mitigated the potential negative impact of adverse developments and/or volatility. In the U.S. and in certain other countries, we are also self-insured for healthcare claims and long-term disability for eligible participating employees subject to certain deductibles and limitations. We have accounted for our retained liabilities for property and casualty losses, healthcare and long-term disability claims, including reported and incurred but not reported claims, based on information provided by independent actuaries. Legal Proceedings We are subject to various claims and contingencies related to lawsuits, real estate, environmental and other matters arising in the normal course of business. An accrual is recorded with respect to claims or contingencies for which a loss is determined to be probable and reasonably estimable.

Selected Quarterly Financial Da

Selected Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2018
Selected Quarterly Financial Data (Unaudited) [Abstract]
Selected Quarterly Financial Data (Unaudited)	Selected Quarterly Financial Data (Unaudited ) 2018 First Quarter Second Quarter Third Quarter Fourth Quarter Total Revenues: Company sales $ 512 $ 512 $ 499 $ 477 $ 2,000 Franchise and property revenues 584 584 605 709 2,482 Franchise contributions for advertising and other services 275 272 287 372 1,206 Total revenues 1,371 1,368 1,391 1,558 5,688 Restaurant profit 74 91 100 101 366 Operating Profit (a) 553 449 553 741 2,296 Net Income 433 321 454 334 1,542 Basic earnings per common share from continuing operations 1.30 0.99 1.43 1.07 4.80 Diluted earnings per common share from continuing operations 1.27 0.97 1.40 1.04 4.69 Dividends declared per common share 0.36 0.36 0.36 0.36 1.44 2017 First Quarter Second Quarter Third Quarter Fourth Quarter Total Revenues: Company sales $ 902 $ 909 $ 871 $ 890 $ 3,572 Franchise and property revenues 515 539 565 687 2,306 Total revenues 1,417 1,448 1,436 1,577 5,878 Restaurant profit 144 161 154 159 618 Operating Profit (b) 484 419 643 1,215 2,761 Net Income 280 206 418 436 1,340 Basic earnings per common share from continuing operations 0.78 0.59 1.21 1.29 3.86 Diluted earnings per common share from continuing operations 0.77 0.58 1.18 1.26 3.77 Dividends declared per common share 0.30 0.30 — 0.30 0.90 (a) Includes net gains from refranchising initiatives of $156 million , $29 million , $100 million and $255 million in the first, second, third and fourth quarters, respectively. (b) Includes net gains from refranchising initiatives of $111 million , $19 million , $201 million and $752 million

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Preparation	Principles of Consolidation and Basis of Preparation. Intercompany accounts and transactions have been eliminated in consolidation. We consolidate entities in which we have a controlling financial interest, the usual condition of which is ownership of a majority voting interest. We also consider for consolidation an entity, in which we have certain interests, where the controlling financial interest may be achieved through arrangements that do not involve voting interests. Such an entity, known as a variable interest entity (“VIE”), is required to be consolidated by its primary beneficiary. The primary beneficiary is the entity that possesses the power to direct the activities of the VIE that most significantly impact its economic performance and has the obligation to absorb losses or the right to receive benefits from the VIE that are significant to it. Our most significant variable interests are in entities that operate restaurants under our Concepts’ franchise and license arrangements. We do not have an equity interest in any of our franchisee businesses. Additionally, we do not typically provide significant financial support such as loans or guarantees to our franchisees. However, we do have variable interests in certain franchisees through real estate lease arrangements to which we are a party. At the end of 2018 , YUM has future lease payments due from franchisees, on a nominal basis, of approximately $1.1 billion , and we are secondarily liable on certain other lease agreements that have been assigned to franchisees. See the Lease Guarantees and Franchise Loan Pool and Equipment Guarantees sections in Note 19. As our franchise and license arrangements provide our franchisee entities the power to direct the activities that most significantly impact their economic performance, we do not consider ourselves the primary beneficiary of any such entity that might otherwise be considered a VIE. See Note 19 for additional information on our entity that operates a franchise lending program that is a VIE in which we have a variable interest but for which we are not the primary beneficiary and thus do not consolidate.
Fiscal Year	Fiscal Year. Our fiscal years have historically ended on the last Saturday in December and, as a result, a 53 rd week was added every five or six years. The first three quarters of each fiscal year consisted of 12 weeks and the fourth quarter consisted of 16 weeks in fiscal years with 52 weeks and 17 weeks in fiscal years with 53 weeks. Our U.S. subsidiaries and certain international subsidiaries operated on similar fiscal calendars. Our remaining international subsidiaries operated on a monthly calendar, and thus never had a 53 rd week, with two months in the first quarter, three months in the second and third quarters and four months in the fourth quarter. Certain international subsidiaries within our KFC, Pizza Hut and Taco Bell divisions have historically closed approximately one month or one period earlier to facilitate consolidated reporting. Fiscal year 2016 included 53 weeks for our U.S. businesses and for our international subsidiaries that reported on a period calendar. The 53 rd week added $76 million to Total revenues and $28 million to Operating Profit in our 2016 Consolidated Statement of Income. On January 27, 2017, YUM’s Board of Directors approved a change in the Company's fiscal year from a year ending on the last Saturday of December to a year beginning on January 1 and ending December 31 of each year, commencing with the year ending December 31, 2017. In connection with this change, the Company moved from a 52-week periodic fiscal calendar with three 12 -week interim quarters and a 16 -week fourth quarter to a monthly reporting calendar with each quarter comprised of three months. Our U.S. subsidiaries continue to report on a period calendar as described above. Concurrent with the change in the Company's fiscal year, we also eliminated the one month or one period reporting lags of our international subsidiaries. As a result of removing these reporting lags, each international subsidiary operates either on a monthly calendar consistent with the Company’s new calendar or on a periodic calendar consistent with our U.S. subsidiaries. We believe this change in our international subsidiary reporting calendars and the resulting elimination of reporting lags is preferable because a more current reporting calendar allows the Consolidated Financial Statements to more consistently and more timely reflect the impact of current events, economic conditions and global trends.
Foreign Currency	Foreign Currency. The functional currency of our foreign entities is the currency of the primary economic environment in which the entity operates. Functional currency determinations are made based upon a number of economic factors, including but not limited to cash flows and financing transactions. The operations, assets and liabilities of our entities outside the U.S. are initially measured using the functional currency of that entity. Income and expense accounts for our operations of these foreign entities are then translated into U.S. dollars at the average exchange rates prevailing during the period. Assets and liabilities of these foreign entities are then translated into U.S. dollars at exchange rates in effect at the balance sheet date. As of December 31, 2018 , net cumulative translation adjustment losses of $245 million are recorded in Accumulated other comprehensive loss ("AOCI") in the Consolidated Balance Sheet. The majority of our foreign currency net asset exposure is in countries where we have Company-owned restaurants. As we manage and share resources at the individual brand level within a country, cumulative translation adjustments are recorded and tracked at the foreign-entity level that represents the operations of our individual brands within that country. Translation adjustments recorded in AOCI are subsequently recognized as income or expense generally only upon sale of the related investment in a foreign entity, or upon a sale of assets and liabilities within a foreign entity that represents a complete or substantially complete liquidation of that foreign entity. For purposes of determining whether a sale or complete or substantially complete liquidation of an investment in a foreign entity has occurred, we consider those same foreign entities for which we record and track cumulative translation adjustments.
Reclassifications	Reclassifications. We have reclassified certain items in the Consolidated Financial Statements for prior periods to be comparable with the classification for the fiscal year ended December 31, 2018
Revenue Recognition	Revenue Recognition. From 2014 through 2017, the Financial Accounting Standards Board ("FASB") issued standards to provide principles within a single framework for revenue recognition of transactions involving contracts with customers across all industries ("Topic 606"). We adopted Topic 606 at the beginning of the year ended December 31, 2018. Below is a discussion of how our revenues are earned, our accounting policies pertaining to revenue recognition prior to the adoption of Topic 606 ("Legacy GAAP"), our accounting policies pertaining to revenue recognition subsequent to the adoption of Topic 606 and other required disclosures. Refer to Note 5 for information regarding the cumulative effect adjustment recorded to Accumulated deficit as of the beginning of the year ended December 31, 2018 to reflect the adoption of Topic 606. Also included in Note 5 is disclosure of the amount by which each balance sheet and income statement line item was impacted in the current reporting period as compared to Legacy GAAP. Company Sales Revenues from the sale of food items by Company-owned restaurants are recognized as Company sales when a customer purchases the food, which is when our obligation to perform is satisfied. The timing and amount of revenue recognized related to Company sales was not impacted by the adoption of Topic 606. Franchise and Property Revenues Franchise Revenues Our most significant source of revenues arises from the operation of our Concepts' stores by our franchisees. Franchise rights may be granted through a store-level franchise agreement or through a master franchise agreement that set out the terms of our arrangement with the franchisee. Our franchise agreements require that the franchisee remit continuing fees to us as a percentage of the applicable restaurant’s sales in exchange for the license of the intellectual property associated with our Concepts' brands (the “franchise right”). Our franchise agreements also typically require certain, less significant, upfront franchise fees such as initial fees paid upon opening of a store, fees paid to renew the term of the franchise right and fees paid in the event the franchise agreement is transferred to another franchisee. Continuing fees represent the substantial majority of the consideration we receive under our franchise agreements. Continuing fees are typically billed and paid monthly and are usually 4% - 6% for store-level franchise agreements. Master franchise agreements allow master franchisees to operate restaurants as well as sub-franchise restaurants within certain geographic territories. The percentage of sales that we receive for restaurants owned or operated by our master franchisees as a continuing fee is typically less than the percentage we receive for restaurants operating under a store-level franchise agreement. Upfront franchise fees are typically billed and paid when a new franchise or sub-franchise agreement becomes effective or when an existing agreement is transferred to another franchisee or sub-franchisee. Under Legacy GAAP, continuing fees were recognized as the related restaurant sales occurred. The timing and amount of revenue recognized related to continuing fees was not impacted by the adoption of Topic 606 based on the application of the sales-based royalty exception within Topic 606. Under Legacy GAAP, revenue related to initial fees was recognized upon store opening and renewal and transfer fees were recognized when the related agreement became effective. Upon the adoption of Topic 606, we have determined that the services we provide in exchange for these upfront franchise fees, which primarily relate to pre-opening support, are highly interrelated with the franchise right and are not individually distinct from the ongoing services we provide to our franchisees. As a result, upon the adoption of Topic 606, upfront franchise fees are recognized as revenue over the term of each respective franchise or sub-franchise agreement. Revenues for these upfront franchise fees are recognized on a straight-line basis, which is consistent with the franchisee’s or sub-franchisee's right to use and benefit from the intellectual property. Revenues from continuing fees and upfront franchise fees are presented within Franchise and property revenues in our Consolidated Statements of Income. Additionally, from time-to-time we provide non-refundable consideration to franchisees in the form of cash or other incentives (e.g. cash payments to incent new unit openings, free or subsidized equipment, etc.). The Company’s intent in providing such consideration is to drive new unit development or same-store sales growth that will result in higher future revenues for the Company. Under Legacy GAAP, this consideration was recognized when we were obligated to provide the incentive and was presented as either a reduction to Franchise and property revenues, if cash was provided directly to the franchisee, or as Franchise and property expenses, if cash was not provided directly to the franchisee. Due to the adoption of Topic 606, such payments are capitalized and presented within Prepaid expense and other current assets or Other assets. These capitalized balances are being amortized as a reduction in Franchise and property revenues over the period of expected cash flows from the franchise agreements to which the payment relates. Property Revenues From time to time, we enter into rental agreements with franchisees for the lease or sublease of restaurant locations. These rental agreements typically originate from refranchising transactions and revenues related to the agreements are recognized as they are earned. Amounts owed under the rental agreements are typically billed and paid on a monthly basis. Revenues from rental agreements with franchisees are presented within Franchise and property revenues within our Consolidated Statements of Income. Related expenses are presented as Franchise and property expenses within our Consolidated Statements of Income and primarily include depreciation or, in the case of a sublease, rental expense. The timing and amount of revenue and expenses recognized related to the rental of restaurants we lease or sublease was not impacted by the adoption of Topic 606. Franchise Contributions for Advertising and Other Services Advertising Cooperatives Under Legacy GAAP, receipts and expenditures related to advertising cooperatives we were required to consolidate were presented on a net basis in our Consolidated Statements of Income and Consolidated Statements of Cash Flow. Additionally, assets and liabilities of the advertising cooperatives we were required to consolidate were presented within Advertising cooperative assets, restricted and Advertising cooperative liabilities, respectively, within our Consolidated Balance Sheets. In accordance with the provisions of Topic 606, we have determined we act as a principal in the transactions entered into by the advertising cooperatives we are required to consolidate based on our responsibility to define the nature of the goods or services provided and/or our responsibility to define which franchisees receive the benefit of the goods or services. Additionally, we have determined the advertising services provided to franchisees are highly interrelated with the franchise right and therefore not distinct. Franchisees remit to us a percentage of restaurant sales as consideration for providing the advertising services. As a result, revenues for advertising services are recognized when the related restaurant sales occur based on the application of the sales-based royalty exception within Topic 606. Revenues for these services are typically billed and paid on a monthly basis. These revenues are presented as Franchise contributions for advertising and other services. Expenses incurred to provide these services are presented as Franchise advertising and other services expense. When revenues of an advertising cooperative exceed the related advertising expenses, advertising costs are accrued up to the amount of revenues on an annual basis. Lastly, upon adoption of Topic 606 we have reclassified assets and liabilities of advertising cooperatives we are required to consolidate to the respective balance sheet caption to which the assets and liabilities relate. Other Services On a much more limited basis, we provide goods or services to certain franchisees that are individually distinct from the franchise right because they do not require integration with other goods or services we provide. Such arrangements typically relate to supply chain, quality assurance and information technology services. In instances where we rely on third parties to provide goods or services to franchisees at our direction, we have determined we act as a principal in these transactions. The extent to which we provide such goods or services varies by brand, geographic region and, in some instances, franchisee. Similar to advertising services, receipts and expenditures related to these other services were presented on a net basis under Legacy GAAP. Upon adoption of Topic 606, revenues from the goods or services described above are presented as Franchise contributions for advertising and other services within our Consolidated Statements of Income. Expenses related to the provisioning of these goods and services are recorded in Franchise advertising and other services expense. These revenues are recognized as the goods or services are transferred to the franchisee and related expenses are recognized as incurred. Franchise Support Costs The internal costs we incur to provide support services to our franchisees for which we do not receive a direct reimbursement are charged to General and administrative expenses (“G&A”) as incurred. Certain direct costs of our franchise operations are charged to Franchise and property expenses. These costs include provisions for estimated uncollectible fees, rent or depreciation expense associated with restaurants we lease or sublease to franchisees, franchise marketing funding, amortization expense for franchise-related intangible assets, value added taxes on royalties and certain other direct incremental franchise support costs. Taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue transaction and collected from a customer are excluded from revenue under both Legacy GAAP and Topic 606. Disaggregation of Total Revenues The following table disaggregates revenue by Concept, for our two most significant markets based on Operating Profit and for all other markets. We believe this disaggregation best reflects the extent to which the nature, amount, timing and uncertainty of our revenues and cash flows are impacted by economic factors. 2018 KFC Division Pizza Hut Division Taco Bell Division Total U.S. Company sales $ 72 $ 37 $ 1,034 $ 1,143 Franchise revenues 171 284 539 994 Property revenues 23 4 27 54 Franchise contributions for advertising and other services 9 269 428 706 China Franchise revenues 201 59 — 260 Other Company sales 822 32 3 857 Franchise revenues 825 248 24 1,097 Property revenues 74 3 — 77 Franchise contributions for advertising and other services 447 52 1 500 $ 2,644 $ 988 $ 2,056 $ 5,688 Contract Liabilities Our contract liabilities are comprised of unamortized upfront fees received from franchisees. A summary of significant changes to the contract liability balance during 2018 is presented below. Deferred Franchise Fees Balance at January 1, 2018 $ 392 Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period (66 ) Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period 102 Other (a) (14 ) Balance at December 31, 2018 $ 414 (a) Includes impact of foreign currency translation as well as the recognition of deferred franchise fees into Refranchising (gain) loss upon the modification of existing franchise agreements when entering into master franchise agreements. We expect to recognize contract liabilities as revenue over the remaining term of the associated franchise agreement as follows: Less than 1 year $ 60 1 - 2 years 55 2 - 3 years 51 3 - 4 years 47 4 - 5 years 42 Thereafter 159 Total $ 414
Direct Marketing Costs	Direct Marketing Costs. To the extent we participate in advertising cooperatives, we expense our contributions as incurred, which are based on a percentage of sales of our Company restaurants. We charge direct marketing costs incurred outside of a cooperative to expense ratably in relation to revenues over the year in which incurred and, in the case of advertising production costs, in the year the advertisement is first shown. Deferred direct marketing costs, which are classified as prepaid expenses, consist of media and related advertising production costs that will generally be used for the first time in the next fiscal year and have historically not been significant. We report the majority of our direct marketing costs in Company restaurant expenses. Advertising incurred on behalf of franchised restaurants by the Company is recorded within Franchise and property expenses, including $12.5 million and $25 million related to the Pizza Hut U.S. Transformation Agreement in 2018 and 2017, respectively, and $10 million , $20 million and $20 million related to the KFC U.S. Acceleration Agreement in 2018, 2017 and 2016, respectively. See Note 5 for further discussion of these agreements. Advertising expenses incurred by our Company-owned restaurants and those incurred on behalf of franchised restaurants by the Company totaled $131 million , $245 million and $260 million in 2018 , 2017 and 2016 , respectively. In 2018 we incurred an additional $1,035 million
Share-Based Employee Compensation	Share-Based Employee Compensation.  We recognize ongoing share-based payments to employees, including grants of employee stock options and stock appreciation rights (“SARs”), in the Consolidated Financial Statements as compensation cost over the service period based on their fair value on the date of grant.  This compensation cost is recognized over the service period on a straight-line basis, net of an assumed forfeiture rate, for awards that actually vest.  Forfeiture rates are estimated at grant date based on historical experience and compensation cost is adjusted in subsequent periods for differences in actual forfeitures from the previous estimates. We present this compensation cost consistent with the other compensation costs for the employee recipient in either Company restaurant expenses or G&A. See Note 15 for further discussion of our share-based compensation plans.
Legal Costs	Legal Costs. Settlement costs are accrued when they are deemed probable and reasonably estimable. Anticipated legal fees related to self-insured workers' compensation, employment practices liability, general liability, automobile liability, product liability and property losses (collectively, "property and casualty losses") are accrued when deemed probable and reasonably estimable. Legal fees not related to self-insured property and casualty losses are recognized as incurred. See Note 19 for further discussion of our legal proceedings.
Impairment or Disposal of Property, Plant and Equipment	Impairment or Disposal of Property, Plant and Equipment. Property, plant and equipment (“PP&E”) is tested for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The assets are not recoverable if their carrying value is less than the undiscounted cash flows we expect to generate from such assets. If the assets are not deemed to be recoverable, impairment is measured based on the excess of their carrying value over their fair value. For purposes of impairment testing for our restaurants, we have concluded that an individual restaurant is the lowest level of independent cash flows unless it is more likely than not that we will refranchise restaurants as a group. We review our long-lived assets of such individual restaurants (primarily PP&E and allocated intangible assets subject to amortization) semi-annually for impairment, or whenever events or changes in circumstances indicate that the carrying amount of a restaurant may not be recoverable. We use two consecutive years of operating losses as our primary indicator of potential impairment for our semi-annual impairment testing of these restaurant assets. We evaluate the recoverability of these restaurant assets by comparing the estimated undiscounted future cash flows, which are based on our entity-specific assumptions, to the carrying value of such assets. For restaurant assets that are not deemed to be recoverable, we write-down an impaired restaurant to its estimated fair value, which becomes its new cost basis. Fair value is an estimate of the price a franchisee would pay for the restaurant and its related assets and is determined by discounting the estimated future after-tax cash flows of the restaurant, which include a deduction for royalties we would receive under a franchise agreement with terms substantially at market. The after-tax cash flows incorporate reasonable assumptions we believe a franchisee would make such as sales growth and margin improvement. The discount rate used in the fair value calculation is our estimate of the required rate of return that a franchisee would expect to receive when purchasing a similar restaurant and the related long-lived assets. The discount rate incorporates rates of returns for historical refranchising market transactions and is commensurate with the risks and uncertainty inherent in the forecasted cash flows. Individual restaurant-level impairment is recorded within Other (income) expense. In executing our refranchising initiatives, we most often offer groups of restaurants for sale. When we believe it is more likely than not a restaurant or groups of restaurants will be refranchised for a price less than their carrying value, but do not believe the restaurant(s) have met the criteria to be classified as held for sale, we review the restaurants for impairment. We evaluate the recoverability of these restaurant assets by comparing estimated sales proceeds plus holding period cash flows, if any, to the carrying value of the restaurant or group of restaurants. For restaurant assets that are not deemed to be recoverable, we recognize impairment for any excess of carrying value over the fair value of the restaurants, which is based on the expected net sales proceeds. To the extent ongoing agreements to be entered into with the franchisee simultaneous with the refranchising are expected to contain terms, such as royalty rates, not at prevailing market rates, we consider the off-market terms in our impairment evaluation. We recognize any such impairment charges in Refranchising (gain) loss. Refranchising (gain) loss includes the gains or losses from the sales of our restaurants to new and existing franchisees, including any impairment charges discussed above, and associated termination, relocation or retention costs associated with store-level employees of refranchised stores or employees of restaurant-support centers which we have closed due to refranchising. We recognize gains on restaurant refranchisings when the sale transaction closes and control of the restaurant operations have transferred to the franchisee. When we decide to close a restaurant, it is reviewed for impairment and depreciable lives are adjusted based on the expected disposal date. Other costs incurred when closing a restaurant such as costs of disposing of the assets as well as other facility-related expenses from previously closed stores are generally expensed as incurred. Additionally, at the date we cease using a property under an operating lease, we record a liability for the net present value of any remaining lease obligations, net of estimated sublease income, if any. Any costs recorded upon store closure as well as any subsequent adjustments to liabilities for remaining lease obligations as a result of lease termination or changes in estimates of sublease income are recorded in Other (income) expense. To the extent we sell assets, primarily land, associated with a closed store, any gain or loss upon that sale is also recorded in Other (income) expense. Considerable management judgment is necessary to estimate future cash flows, including cash flows from continuing use, terminal value, sublease income and refranchising proceeds. Accordingly, actual results could vary significantly from our estimates.
Guarantees	Guarantees.  We recognize, at inception of a guarantee, a liability for the fair value of certain obligations undertaken.  The majority of our guarantees are issued as a result of assigning our interest in obligations under operating leases as a condition to the refranchising of certain Company restaurants.  We recognize a liability for the fair value of such lease guarantees upon refranchising and upon subsequent renewals of such leases when we remain secondarily liable.  The related expense and any subsequent changes are included in Refranchising (gain) loss.  Any expense and subsequent changes in the guarantees for other franchise support guarantees not associated with a refranchising transaction are included in Franchise and property expenses.
Income Taxes	Income Taxes. We record deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases as well as operating loss, capital loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those differences or carryforwards are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in our Income tax provision in the period that includes the enactment date. Additionally, in determining the need for recording a valuation allowance against the carrying amount of deferred tax assets, we consider the amount of taxable income and periods over which it must be earned, actual levels of past taxable income and known trends and events or transactions that are expected to affect future levels of taxable income. Where we determine that it is more likely than not that all or a portion of an asset will not be realized, we record a valuation allowance. We recognize the benefit of positions taken or expected to be taken in our tax returns in our income tax provision when it is more likely than not (i.e. a likelihood of more than fifty percent) that the position would be sustained upon examination by tax authorities. A recognized tax position is then measured at the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement. We evaluate these amounts on a quarterly basis to ensure that they have been appropriately adjusted for audit settlements and other events we believe may impact the outcome. Changes in judgment that result in subsequent recognition, derecognition or a change in measurement of a tax position taken in a prior annual period (including any related interest and penalties) are recognized as a discrete item in the interim period in which the change occurs. We recognize accrued interest and penalties related to unrecognized tax benefits as components of our income tax provision. We do not record a deferred tax liability for unremitted earnings of our foreign subsidiaries to the extent that the earnings meet the indefinite reversal criteria. This criteria is met if the foreign subsidiary has invested, or will invest, the earnings indefinitely. The decision as to the amount of unremitted earnings that we intend to maintain in non-U.S. subsidiaries considers items including, but not limited to, forecasts and budgets of financial needs of cash for working capital, liquidity plans and expected cash requirements in the U.S. See Note 17 for a further discussion of our income taxes.
Fair Value Measurements	Fair Value Measurements. Fair value is the price we would receive to sell an asset or pay to transfer a liability (exit price) in an orderly transaction between market participants. For those assets and liabilities we record or disclose at fair value, we determine fair value based upon the quoted market price, if available. If a quoted market price is not available for identical assets, we determine fair value based upon the quoted market price of similar assets or the present value of expected future cash flows considering the risks involved, including counterparty performance risk if appropriate, and using discount rates appropriate for the duration. The fair values are assigned a level within the fair value hierarchy, depending on the source of the inputs into the calculation. Level 1 Inputs based upon quoted prices in active markets for identical assets. Level 2 Inputs other than quoted prices included within Level 1 that are observable for the asset, either directly or indirectly. Level 3 Inputs that are unobservable for the asset.
Cash and Cash Equivalents	Cash and Cash Equivalents. Cash equivalents represent funds we have temporarily invested (with original maturities not exceeding three months), including short-term, highly liquid debt securities.
Receivables	Receivables. The Company’s receivables are primarily generated from ongoing business relationships with our franchisees as a result of franchise and lease agreements. Trade receivables consisting of royalties from franchisees, including Yum China, are generally due within 30 days of the period in which the corresponding sales occur and are classified as Accounts and notes receivable, net on our Consolidated Balance Sheet. Upon adoption of Topic 606, Accounts and notes receivable, net also includes receivables generated from advertising cooperatives that we consolidate that, under Legacy GAAP, were previously recorded in Advertising cooperative assets, restricted. Our provision for uncollectible franchisee receivable balances is based upon pre-defined aging criteria or upon the occurrence of other events that indicate that we may not collect the balance due. Additionally, we monitor the financial condition of our franchisees and record provisions for estimated losses on receivables when we believe it probable that our franchisees will be unable to make their required payments. While we use the best information available in making our determination, the ultimate recovery of recorded receivables is also dependent upon future economic events and other conditions that may be beyond our control. We recorded $11 million , $5 million and less than $1 million in net provisions within Franchise and property expenses in 2018 , 2017 and 2016 , respectively, related to uncollectible franchise and license receivables. Receivables that are ultimately deemed to be uncollectible, and for which collection efforts have been exhausted, are written off against the allowance for doubtful accounts. 2018 2017 Accounts and notes receivable $ 592 $ 419 Allowance for doubtful accounts (31 ) (19 ) Accounts and notes receivable, net $ 561 $ 400 Our financing receivables primarily consist of notes receivables and direct financing leases with franchisees which we enter into from time-to-time. As these receivables primarily relate to our ongoing business agreements with franchisees, we consider such receivables to have similar risk characteristics and evaluate them as one collective portfolio segment and class for determining the allowance for doubtful accounts. We monitor the financial condition of our franchisees and record provisions for estimated losses on receivables when we believe it is probable that our franchisees will be unable to make their required payments. Balances of notes receivable and direct financing leases due within one year are included in Accounts and notes receivable, net while amounts due beyond one year are included in Other assets. Amounts included in Other assets totaled $62 million (net of an allowance of $1 million ) and $38 million at December 31, 2018 and December 31, 2017 , respectively. Financing receivables that are ultimately
Property, Plant and Equipment	Property, Plant and Equipment. We state PP&E at cost less accumulated depreciation and amortization. We calculate depreciation and amortization on a straight-line basis over the estimated useful lives of the assets as follows: 5 to 25 years for buildings and leasehold improvements and 3 to 20
Leases and Leasehold Improvements	Leases and Leasehold Improvements. The Company leases land, buildings or both for certain of its restaurants and restaurant support centers worldwide. The length of our lease terms, which vary by country and often include renewal options, are an important factor in determining the appropriate accounting for leases including the initial classification of the lease as capital or operating and the timing of recognition of rent expense over the duration of the lease. We include renewal option periods in determining the term of our leases when failure to renew the lease would impose a penalty on the Company in such an amount that a renewal appears to be reasonably assured at the inception of the lease. The primary penalty to which we are subject is the economic detriment associated with the existence of leasehold improvements which might be impaired if we choose not to continue the use of the leased property. Leasehold improvements are amortized over the shorter of their estimated useful lives or the lease term. We generally do not receive leasehold improvement incentives upon opening a store that is subject to a lease. We expense rent associated with leased land or buildings while a restaurant is being constructed whether rent is paid or we are subject to a rent holiday. Additionally, certain of the Company's operating leases contain predetermined fixed escalations of the minimum rent during the lease term. For leases with fixed escalating payments and/or rent holidays, we record rent expense on a straight-line basis over the lease term, including any option periods considered in the determination of that lease term. Contingent rentals are based on sales levels in excess of stipulated amounts, and thus are not considered minimum lease payments and are included in rent expense when attainment of the contingency is considered probable (e.g. when Company sales occur).
Goodwill and Intangible Assets	Goodwill and Intangible Assets. From time-to-time, the Company acquires restaurants from one of our Concept’s franchisees or acquires another business. Goodwill from these acquisitions represents the excess of the cost of a business acquired over the net of the amounts assigned to assets acquired, including identifiable intangible assets and liabilities assumed. Goodwill is not amortized and has been assigned to reporting units for purposes of impairment testing. Our reporting units are our business units (which are aligned based on geography) in our KFC, Pizza Hut and Taco Bell Divisions. We evaluate goodwill for impairment on an annual basis or more often if an event occurs or circumstances change that indicate impairment might exist. We have selected the beginning of our fourth quarter as the date on which to perform our ongoing annual impairment test for goodwill. We may elect to perform a qualitative assessment for our reporting units to determine whether it is more likely than not that the fair value of the reporting unit is greater than its carrying value. If a qualitative assessment is not performed, or if as a result of a qualitative assessment it is not more likely than not that the fair value of a reporting unit exceeds its carrying value, then the reporting unit’s fair value is compared to its carrying value. Fair value is the price a willing buyer would pay for a reporting unit, and is generally estimated using discounted expected future after-tax cash flows from Company-owned restaurant operations and franchise royalties. The discount rate is our estimate of the required rate of return that a third-party buyer would expect to receive when purchasing a business from us that constitutes a reporting unit. We believe the discount rate is commensurate with the risks and uncertainty inherent in the forecasted cash flows. If the carrying value of a reporting unit exceeds its fair value, goodwill is written down to its implied fair value. If we record goodwill upon acquisition of a restaurant(s) from a franchisee and such restaurant(s) is then sold within two years of acquisition, the goodwill associated with the acquired restaurant(s) is written off in its entirety. If the restaurant is refranchised two years or more subsequent to its acquisition, we include goodwill in the carrying amount of the restaurants disposed of based on the relative fair values of the portion of the reporting unit disposed of in the refranchising and the portion of the reporting unit that will be retained. The fair value of the portion of the reporting unit disposed of in a refranchising is determined by reference to the discounted value of the future cash flows expected to be generated by the restaurant and retained by the franchisee, which includes a deduction for the anticipated, future royalties the franchisee will pay us associated with the franchise agreement entered into simultaneously with the refranchising transition. The fair value of the reporting unit retained is based on the price a willing buyer would pay for the reporting unit and includes the value of franchise agreements. Appropriate adjustments are made if a franchise agreement includes terms that are determined to not be at prevailing market rates. As such, the fair value of the reporting unit retained can include expected cash flows from future royalties from those restaurants currently being refranchised, future royalties from existing franchise businesses and company restaurant operations. As a result, the percentage of a reporting unit’s goodwill that will be written off in a refranchising transaction will be less than the percentage of the reporting unit’s Company-owned restaurants that are refranchised in that transaction and goodwill can be allocated to a reporting unit with only franchise restaurants.
Derivative Financial Instruments	Derivative Financial Instruments. We use derivative instruments primarily to hedge interest rate and foreign currency risks. These derivative contracts are entered into with financial institutions. We do not use derivative instruments for trading purposes and we have procedures in place to monitor and control their use. We record all derivative instruments on our Consolidated Balance Sheet at fair value. For derivative instruments that are designated and qualify as a cash flow hedge, the effective portion of the gain or loss on the derivative instrument is reported as a component of AOCI and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Any ineffective portion of the gain or loss on the derivative instrument for a cash flow hedge is recorded in the results of operations immediately. For derivative instruments not designated as hedging instruments, the gain or loss is recognized in the results of operations immediately.
Common Stock Share Repurchases	Common Stock Share Repurchases. From time-to-time, we repurchase shares of our Common Stock under share repurchase programs authorized by our Board of Directors. Shares repurchased constitute authorized, but unissued shares under the North Carolina laws under which we are incorporated. Additionally, our Common Stock has no par or stated value. Accordingly, we record the full value of share repurchases, or other deductions to Common Stock such as shares cancelled upon employee share-based award exercises, upon the trade date, against Common Stock on our Consolidated Balance Sheet except when to do so would result in a negative balance in such Common Stock account. In such instances, on a period basis, we record the cost of any further share repurchases, or other deductions to Common Stock as an addition to Accumulated deficit. Due to the large number of share repurchases of our stock over the past several years, our Common Stock balance is frequently zero at the end of any period. Accordingly, $2,356 million , $1,915 million and $5,399 million in share repurchases in 2018 , 2017 and 2016 , respectively, and $20 million
Pension and Post-retirement Medical Benefits	Pension and Post-retirement Medical Benefits. We measure and recognize the overfunded or underfunded status of our pension and post-retirement plans as an asset or liability in our Consolidated Balance Sheet as of our fiscal year end. The funded status represents the difference between the projected benefit obligations and the fair value of plan assets, which is calculated on a plan-by-plan basis. The projected benefit obligation and related funded status are determined using assumptions as of the end of each year. The projected benefit obligation is the present value of benefits earned to date by plan participants, including the effect of future salary increases, as applicable. The difference between the projected benefit obligations and the fair value of plan assets that has not previously been recognized in our Consolidated Statement of Income is recorded as a component of AOCI. The net periodic benefit costs associated with the Company's defined benefit pension and post-retirement medical plans are determined using assumptions regarding the projected benefit obligation and, for funded plans, the market-related value of plan assets as of the beginning of each year, or remeasurement period, if applicable. We record the service cost component of net periodic benefit costs in G&A. Non-service cost components are recorded in Other pension (income) expense. We have elected to use a market-related value of plan assets to calculate the expected return on assets, net of administrative and investment fees paid from plan assets, in net periodic benefit costs. We recognize differences in the fair value versus the market-related value of plan assets evenly over five years. For each individual plan we amortize into pension expense the net amounts in AOCI, as adjusted for the difference between the fair value and market-related value of plan assets, to the extent that such amounts exceed 10% of the greater of a plan’s projected benefit obligation or market-related value of assets, over the remaining service period of active participants in the plan or, for plans with no active participants, over the expected average life expectancy of the inactive participants in the plan. We record a curtailment when an event occurs that significantly reduces the expected years of future service or eliminates the accrual of defined benefits for the future services of a significant number of employees. We record a curtailment gain when the employees who are entitled to the benefits terminate their employment; we record a curtailment loss when it becomes probable a loss will occur.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Disaggregation of Revenue [Line Items]
Disaggregation of Revenue [Table Text Block]	2018 KFC Division Pizza Hut Division Taco Bell Division Total U.S. Company sales $ 72 $ 37 $ 1,034 $ 1,143 Franchise revenues 171 284 539 994 Property revenues 23 4 27 54 Franchise contributions for advertising and other services 9 269 428 706 China Franchise revenues 201 59 — 260 Other Company sales 822 32 3 857 Franchise revenues 825 248 24 1,097 Property revenues 74 3 — 77 Franchise contributions for advertising and other services 447 52 1 500 $ 2,644 $ 988 $ 2,056 $ 5,688
Accounts and notes receivable, net	2018 2017 Accounts and notes receivable $ 592 $ 419 Allowance for doubtful accounts (31 ) (19 ) Accounts and notes receivable, net $ 561 $ 400

Note 2. Summary of Significant

Note 2. Summary of Significant Accounting Policies Deferred Revenue, by Arrangement (Tables)	12 Months Ended
	Dec. 31, 2018
Revenue Recognition, Multiple-deliverable Arrangements [Line Items]
Deferred Revenue, by Arrangement, Disclosure [Table Text Block]	A summary of significant changes to the contract liability balance during 2018 is presented below. Deferred Franchise Fees Balance at January 1, 2018 $ 392 Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period (66 ) Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period 102 Other (a) (14 ) Balance at December 31, 2018 $ 414 (a)

Note 2. Summary of Significan_2

Note 2. Summary of Significant Accounting Policies Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction (Tables)	12 Months Ended
	Dec. 31, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]	We expect to recognize contract liabilities as revenue over the remaining term of the associated franchise agreement as follows: Less than 1 year $ 60 1 - 2 years 55 2 - 3 years 51 3 - 4 years 47 4 - 5 years 42 Thereafter 159 Total $ 414

Earnings Per Common Share ("E_2

Earnings Per Common Share ("EPS") (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Common Share	2018 2017 2016 Income from continuing operations $ 1,542 $ 1,340 $ 1,018 Income from discontinued operations N/A N/A 625 Net Income $ 1,542 $ 1,340 $ 1,643 Weighted-average common shares outstanding (for basic calculation) 322 347 394 Effect of dilutive share-based employee compensation 7 8 6 Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) 329 355 400 Basic EPS from continuing operations $ 4.80 $ 3.86 $ 2.58 Basic EPS from discontinued operations N/A N/A 1.59 Basic EPS $ 4.80 $ 3.86 $ 4.17 Diluted EPS from continuing operations $ 4.69 $ 3.77 $ 2.54 Diluted EPS from discontinued operations N/A N/A $ 1.56 Diluted EPS $ 4.69 $ 3.77 $ 4.10 Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation (a) 2.0 2.3 5.0 (a)

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2018
Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Condensed Income Statement [Table Text Block]	The following table presents the financial results of the Company’s discontinued operations: 2016 (a) Company sales $ 5,667 Franchise and property revenues 109 Company restaurant expenses (4,766 ) G&A expenses (b) (406 ) Franchise and property expenses (45 ) Other income (expense) (c) (8 ) Refranchising gain 12 Interest income, net 8 Income from discontinued operations before income taxes 571 Income tax benefit (d) 65 Income from discontinued operations - including noncontrolling interests 636 Income from discontinued operations - noncontrolling interests (11 ) Income from discontinued operations, net of tax $ 625 (a) Includes Yum China financial results from January 1, 2016 to October 31, 2016. (b) Includes costs incurred to execute the Separation of $68 million for 2016. Such costs primarily relate to transaction advisors, legal and other consulting fees. (c) Includes store closure and impairment expenses and equity income from KFC franchisees in which Yum China owns a minority interest. (d) During 2016, we recorded a tax benefit of $233 million

Items Affecting Comparability_2

Items Affecting Comparability of Net Income and Cash Flows (Tables)	12 Months Ended
	Dec. 31, 2018
Facility Actions [Line Items]
Impact of adopting Topic 606 on our Condensed Consolidated Statements of Income [Table Text Block]	The following tables reflect the impact of the adoption of Topic 606 on our Consolidated Statement of Income for the year ended December 31, 2018 and our Consolidated Balance Sheet as of December 31, 2018 . CONSOLIDATED STATEMENT OF INCOME Year ended 12/31/2018 Revenues As Reported Impact Balances under Legacy GAAP Company sales $ 2,000 $ — $ 2,000 Franchise and property revenues 2,482 43 2,525 Franchise contributions for advertising and other services 1,206 (1,206 ) — Total revenues 5,688 (1,163 ) 4,525 Costs and Expenses, Net Company restaurant expenses 1,634 — 1,634 General and administrative expenses 895 — 895 Franchise and property expenses 188 27 215 Franchise advertising and other services expense 1,208 (1,208 ) — Refranchising (gain) loss (540 ) 4 (536 ) Other (income) expense 7 — 7 Total costs and expenses, net 3,392 (1,177 ) 2,215 Operating Profit 2,296 14 (a) 2,310 Investment (income) expense, net (9 ) — (9 ) Other pension (income) expense 14 — 14 Interest expense, net 452 — 452 Income from continuing operations before income taxes 1,839 14 1,853 Income tax provision (benefit) 297 3 300 Net Income $ 1,542 $ 11 $ 1,553 Basic Earnings Per Common Share $ 4.80 $ 0.03 $ 4.83 Diluted Earnings Per Common Share $ 4.69 $ 0.03 $ 4.72 (a) Includes $23 million
Revenue Recognition adjustments made to Condensed Consolidated Balance Sheet [Table Text Block]	As a result, the following adjustments were made to the Consolidated Balance Sheet as of January 1, 2018: CONSOLIDATED BALANCE SHEET As Reported 12/31/2017 Adjustments Balances with Adoption of Topic 606 1/1/2018 ASSETS Current Assets Cash and cash equivalents $ 1,522 $ 11 $ 1,533 Accounts and notes receivable, net 400 112 512 Prepaid expenses and other current assets 384 76 (a) 460 Advertising cooperative assets, restricted 201 (201 ) — Total Current Assets 2,507 (2 ) 2,505 Property, plant and equipment, net 1,594 2 1,596 Goodwill 512 — 512 Intangible assets, net 214 9 223 Other assets 345 118 463 Deferred income taxes 139 26 165 Total Assets $ 5,311 $ 153 $ 5,464 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current Liabilities Accounts payable and other current liabilities $ 813 $ 220 $ 1,033 Income taxes payable 123 — 123 Short-term borrowings 375 — 375 Advertising cooperative liabilities 201 (201 ) — Total Current Liabilities 1,512 19 1,531 Long-term debt 9,429 — 9,429 Other liabilities and deferred credits 704 353 1,057 Total Liabilities 11,645 372 12,017 Shareholders’ Deficit Accumulated deficit (6,063 ) (240 ) (6,303 ) Accumulated other comprehensive loss (271 ) 21 (250 ) Total Shareholders’ Deficit (6,334 ) (219 ) (6,553 ) Total Liabilities and Shareholders’ Deficit $ 5,311 $ 153 $ 5,464 (a) Includes $58 million CONSOLIDATED BALANCE SHEET As Reported 12/31/2018 Impact Balances under Legacy GAAP 12/31/2018 ASSETS Current Assets Cash and cash equivalents $ 292 $ (13 ) $ 279 Accounts and notes receivable, net 561 (120 ) 441 Prepaid expenses and other current assets 354 (107 ) 247 Advertising cooperative assets, restricted — 241 241 Total Current Assets 1,207 1 1,208 Property, plant and equipment, net 1,237 (2 ) 1,235 Goodwill 525 — 525 Intangible assets, net 242 (16 ) 226 Other assets 724 (127 ) 597 Deferred income taxes 195 (25 ) 170 Total Assets $ 4,130 $ (169 ) $ 3,961 LIABILITIES AND SHAREHOLDERS’ DEFICIT Current Liabilities Accounts payable and other current liabilities $ 911 $ (287 ) $ 624 Income taxes payable 69 — 69 Short-term borrowings 321 — 321 Advertising cooperative liabilities — 241 241 Total Current Liabilities 1,301 (46 ) 1,255 Long-term debt 9,751 — 9,751 Other liabilities and deferred credits 1,004 (354 ) 650 Total Liabilities 12,056 (400 ) 11,656 Shareholders’ Deficit Accumulated deficit (7,592 ) 251 (7,341 ) Accumulated other comprehensive loss (334 ) (20 ) (354 ) Total Shareholders’ Deficit (7,926 ) 231 (7,695 ) Total Liabilities and Shareholders’ Deficit $ 4,130 $ (169 ) $ 3,961
Impact of Change in Reporting Calendar [Table Text Block]	The impacts on our Consolidated Financial Statements of retrospectively applying these changes are included below: 2016 As Previously Reported Adjustments After Change in Reporting Calendar Total revenues $ 6,366 $ (10 ) $ 6,356 Operating Profit 1,625 25 (a) 1,650 (b) Income from continuing operations 994 24 1,018 Income from discontinued operations, net of tax 625 — 625 Net Income $ 1,619 $ 24 $ 1,643 Diluted EPS from continuing operations $ 2.48 $ 0.06 $ 2.54 Diluted EPS from discontinued operations 1.56 — 1.56 Diluted EPS $ 4.04 $ 0.06 $ 4.10 (a) Primarily represents gains of $24 million related to the refranchising of certain international restaurants which occurred in December 2016. (b) Amount does not reconcile to our Consolidated Statements of Income for the year ended December 31, 2016 due to the impact of retrospectively adopting a new accounting standard on Benefit Costs of $32 million
Refranchising (gain) loss [Member]
Facility Actions [Line Items]
Facility Actions	Refranchising (Gain) Loss The Refranchising (gain) loss by reportable segment is presented below. Given the size and volatility of recent refranchising initiatives, our chief operating decision maker ("CODM") does not consider the impact of Refranchising (gain) loss when assessing segment performance. As such, we do not allocate such gains and losses to our segments for performance reporting purposes. During the years ended December 31, 2018, 2017 and 2016, we refranchised 660 , 1,470 and 432 restaurants, respectively. We received $825 million , $1,773 million and $370 million in pre-tax proceeds in 2018, 2017 and 2016, respectively, related to these transactions. A summary of Refranchising (gain) loss is as follows: Refranchising (gain) loss 2018 2017 2016 KFC Division $ (240 ) $ (581 ) $ (44 ) Pizza Hut Division 13 (16 ) (48 ) Taco Bell Division (313 ) (486 ) (71 ) Worldwide $ (540 ) $ (1,083 ) $ (163 ) As a result of classifying restaurant and related assets as held-for-sale and ceasing depreciation expense as well as recording any related write-downs to fair value, depreciation expense was reduced versus what would have otherwise been recorded by $3 million and $10 million during the years ended December 31, 2018 and 2017, respectively. Our CODM does not consider the impact of these depreciation reductions, which were recorded within Company restaurant expenses when assessing segment performance. These depreciation reductions were not allocated to the Division segments resulting in depreciation expense continuing to be recorded within our Divisional results at the rate at which it was prior to the held-for-sale classification.

Supplemental Cash Flow Data (Ta

Supplemental Cash Flow Data (Tables)	12 Months Ended
	Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Cash paid for interest and income taxes, and significant non-cash investing and financing activities	2018 2017 2016 Cash Paid For: Interest $ 455 $ 442 $ 297 Income taxes 279 346 314 Significant Non-Cash Investing and Financing Activities: Capital lease obligations incurred $ 4 $ 8 $ 10 Capital lease and other debt obligations transferred through refranchising (24 ) (35 ) (1 ) Reconciliation of Cash and cash equivalents to Consolidated Statements of Cash Flows: Cash and cash equivalents as presented in Consolidated Balance Sheets $ 292 $ 1,522 $ 725 Restricted cash included in Prepaid expenses and other current assets (a) 151 60 55 Restricted cash and restricted cash equivalents included in Other assets (b) 31 17 51 Cash, Cash Equivalents and Restricted Cash as presented in Consolidated Statements of Cash Flows (c) $ 474 $ 1,599 $ 831 (a) Restricted cash within Prepaid expenses and other current assets reflects the cash related to advertising cooperatives that we consolidate that can only be used to settle obligations of the respective cooperatives and Taco Bell Securitization interest reserves. See Note 10. (b) Primarily trust accounts related to our self-insurance program. 2016 also includes cash balances required, to the extent necessary, to meet statutory minimum net worth requirements for legal entities which enter into U.S. franchise agreements. (c) Upon adoption of Topic 606 we reclassified cash of $11 million and restricted cash of $58 million

Other (Income) Expense (Tables)

Other (Income) Expense (Tables)	12 Months Ended
	Dec. 31, 2018
Other Income and Expenses [Abstract]
Other (Income) Expense Table	2018 2017 2016 Foreign exchange net (gain) loss and other $ 1 $ 5 $ (6 ) Loss associated with corporate aircraft (a) — 2 9 Closure and impairment expense 6 3 15 Other (income) expense $ 7 $ 10 $ 18 (a) During 2016, we made the decision to no longer operate a corporate aircraft fleet and offered our owned aircraft for sale, one of which was sold during 2016 and one that was sold in 2017. The losses associated with these sales reflect the shortfall of the proceeds, including estimated proceeds in held-for-sale impairment evaluations, less any selling costs, over the carrying value of the aircraft.

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Tables)	12 Months Ended
	Dec. 31, 2018
Supplemental Balance Sheet Information Disclosure [Abstract]
Schedule of Other Assets, Noncurrent [Table Text Block]
Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets 2018 2017 Income tax receivable $ 36 $ 175 Restricted cash (a) 151 60 Assets held for sale (b) 24 37 Other prepaid expenses and current assets 143 112 Prepaid expenses and other current assets $ 354 $ 384
Property, Plant and Equipment	Property, Plant and Equipment 2018 2017 Land $ 422 $ 452 Buildings and improvements 1,349 1,661 Capital leases, primarily buildings 59 123 Machinery and equipment 523 700 Property, plant and equipment, gross 2,353 2,936 Accumulated depreciation and amortization (1,116 ) (1,342 ) Property, plant and equipment, net $ 1,237 $ 1,594
Accounts Payable and Other Current Liabilities	Accounts Payable and Other Current Liabilities 2018 2017 Accounts payable (a) $ 202 $ 119 Accrued compensation and benefits 206 252 Accrued advertising (a) 108 9 Accrued taxes, other than income taxes 48 90 Other current liabilities 347 343 Accounts payable and other current liabilities $ 911 $ 813

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the carrying amount of goodwill	The changes in the carrying amount of goodwill are as follows: KFC Pizza Hut Taco Bell Worldwide Goodwill, net as of December 31, 2016 (a) $ 268 $ 157 $ 111 $ 536 Disposals and other, net (b) (21 ) 5 (8 ) (24 ) Goodwill, net as of December 31, 2017 (a) 247 162 103 512 Disposal and other, net (b) (17 ) (5 ) (4 ) (26 ) QuikOrder acquisition (See Note 5) — 39 — 39 Goodwill, net as of December 31, 2018 (a) $ 230 $ 196 $ 99 $ 525 (a) Goodwill, net includes $17 million of accumulated impairment losses for each year presented related to our Pizza Hut segment. (b) Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising.
Schedule Of Finite And Indefinite Lived Intangible Assets By Major Class	Intangible assets, net for the years ended 2018 and 2017 are as follows: 2018 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Definite-lived intangible assets Capitalized software costs $ 319 $ (156 ) $ 243 $ (139 ) Reacquired franchise rights 37 (30 ) 60 (42 ) Franchise contract rights 99 (79 ) 100 (77 ) Lease tenancy rights 11 (1 ) 32 (6 ) Other 38 (27 ) 37 (25 ) $ 504 $ (293 ) $ 472 $ (289 ) Indefinite-lived intangible assets KFC trademark $ 31 $ 31

Short-term Borrowings and Lon_2

Short-term Borrowings and Long-term Debt (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	2018 2017 Short-term Borrowings Current maturities of long-term debt $ 331 $ 386 Less current portion of debt issuance costs and discounts (10 ) (11 ) Short-term borrowings $ 321 $ 375 Long-term Debt Securitization Notes $ 2,928 $ 2,271 Subsidiary Senior Unsecured Notes 2,850 2,850 Term Loan A Facility 488 500 Term Loan B Facility 1,955 1,975 YUM Senior Unsecured Notes 1,875 2,200 Capital lease obligations (See Note 11) 71 105 $ 10,167 $ 9,901 Less debt issuance costs and discounts (85 ) (86 ) Less current maturities of long-term debt (331 ) (386 ) Long-term debt $ 9,751 $ 9,429 12/31/2018 12/31/2017 Carrying Value Fair Value (Level 2) Carrying Value Fair Value (Level 2) Securitization Notes (a) $ 2,928 $ 2,967 $ 2,271 $ 2,367 Subsidiary Senior Unsecured Notes (b) 2,850 2,733 2,850 2,983 Term Loan A Facility (b) 488 479 500 503 Term Loan B Facility (b) 1,955 1,915 1,975 1,990 YUM Senior Unsecured Notes (b) 1,875 1,798 2,200 2,277 (a) We estimated the fair value of the Securitization Notes by obtaining broker quotes from two separate brokerage firms that are knowledgeable about the Company’s Securitization Notes and, at times, trade these notes. The markets in which the Securitization Notes trade are not considered active markets. (b)
Debt Instrument [Line Items]
Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments	The annual maturities of short-term borrowings and long-term debt as of December 31, 2018 , excluding capital lease obligations of $71 million are as follows: Year ended: 2019 $ 324 2020 430 2021 455 2022 424 2023 1,626 Thereafter 6,837 Total $ 10,096
Senior Unsecured Notes [Member]
Debt Instrument [Line Items]
Senior Unsecured Notes issued that remain outstanding	The following table summarizes all YUM Senior Unsecured Notes issued that remain outstanding at December 31, 2018 : Interest Rate Issuance Date (a) Maturity Date Principal Amount (in millions) Stated Effective (b) October 2007 November 2037 325 6.88 % 7.45 % August 2009 September 2019 250 5.30 % 5.59 % August 2010 November 2020 350 3.88 % 4.01 % August 2011 November 2021 350 3.75 % 3.88 % October 2013 November 2023 325 3.88 % 4.01 % October 2013 November 2043 275 5.35 % 5.42 % (a) Interest payments commenced approximately six months after issuance date and are payable semi-annually thereafter. (b)

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Future minimum commitments and amounts to be received as lessor or sublessor under non-cancelable leases	Future minimum commitments and amounts to be received as lessor or sublessor under non cancellable leases are set forth below: Commitments Lease Receivables Capital Operating Direct Financing Operating 2019 $ 10 $ 103 $ 6 $ 89 2020 10 89 5 79 2021 9 78 4 74 2022 8 71 4 69 2023 8 61 3 67 Thereafter 58 384 30 638 $ 103 $ 786 $ 52 $ 1,016
Details of rental expense and income	The details of rental expense and income are set forth below: 2018 2017 2016 Rental expense Minimum $ 142 $ 193 $ 208 Contingent 9 21 26 $ 151 $ 214 $ 234 Rental income $ 131 $ 86 $ 73

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
	Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments, Gain (Loss) [Table Text Block]	Gains and losses on derivative instruments designated as cash flow hedges recognized in OCI and reclassifications from AOCI into Net Income: Gains/(Losses) Recognized in OCI (Gains)/Losses Reclassified from AOCI into Net Income 2018 2017 2018 2017 Interest rate swaps $ (3 ) $ 4 $ (19 ) $ 2 Foreign currency contracts 22 (56 ) (20 ) 56 Income tax benefit/(expense) 1 1 5 (3 )

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements, Recurring Basis	The following table presents fair values for those assets and liabilities measured at fair value on a recurring basis and the level within the fair value hierarchy in which the measurements fall. Fair Value Level 2018 2017 Consolidated Balance Sheet Interest Rate Swaps - Asset 2 $ 21 $ 9 Prepaid expenses and other current assets Interest Rate Swaps - Asset 2 29 40 Other assets Interest Rate Swaps - Liability 2 23 — Accounts payable and other current liabilities Foreign Currency Contracts - Asset 2 5 5 Prepaid expenses and other current assets Foreign Currency Contracts - Liability 2 24 46 Other Liabilities and deferred credits Investment in Grubhub Common Stock 1 214 — Other assets Other Investments 1 27 29 Other assets
Fair Value Measurements and Total Losses, Non-Recurring Basis	During the years ended December 31, 2018 and December 31, 2017, we recognized non-recurring fair value measurements of $1 million and $2 million

Pension, Retiree Medical and _2

Pension, Retiree Medical and Retiree Savings Plans (Tables)	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Funded status of pension plans	The following chart summarizes the balance sheet impact, as well as benefit obligations, assets, and funded status associated with our two significant U.S. pension plans. The actuarial valuations for all plans reflect measurement dates coinciding with our fiscal year end. 2018 2017 Change in benefit obligation: Benefit obligation at beginning of year $ 1,007 $ 993 Service cost 8 10 Interest cost 38 41 Plan amendments 1 2 Curtailments — (2 ) Special termination benefits 1 2 Benefits paid (73 ) (76 ) Settlement payments — (73 ) Actuarial (gain) loss (109 ) 115 Administrative expense — (5 ) Benefit obligation at end of year $ 873 $ 1,007 A significant component of the overall decrease in the Company's benefit obligation for the year ended December 31, 2018 was due to the change in discount rates used to measure our benefit obligation, which increased from 3.90% at December 31, 2017 to 4.60% at December 31, 2018. A significant component of the overall increase in the Company's benefit obligation for the year ended December 31, 2017 was also due to the change in discount rates used to measure our benefit obligation, which decreased from 4.60% at December 31, 2016 to 3.90% at December 31, 2017. Change in plan assets: Fair value of plan assets at beginning of year $ 864 $ 837 Actual return on plan assets (49 ) 129 Employer contributions 13 52 Settlement payments — (73 ) Benefits paid (73 ) (76 ) Administrative expenses — (5 ) Fair value of plan assets at end of year $ 755 $ 864 Funded status at end of year $ (118 ) $ (143 )
Amounts recognized in the Consolidated Balance Sheet	Amounts recognized in the Consolidated Balance Sheet: 2018 2017 Accrued benefit liability - current $ (5 ) $ (8 ) Accrued benefit liability - non-current (113 ) (135 ) $ (118 ) $ (143 )
Pension plans with an accumulated benefit obligation in excess of pan assets	Information for pension plans with an accumulated benefit obligation in excess of plan assets: 2018 2017 Projected benefit obligation $ 873 $ 1,007 Accumulated benefit obligation 849 976 Fair value of plan assets 755 864
Pension plans with a projected benefit obligation in excess of plan assets	Information for pension plans with a projected benefit obligation in excess of plan assets: 2018 2017 Projected benefit obligation $ 873 $ 1,007 Accumulated benefit obligation 849 976 Fair value of plan assets 755 864
Components of net periodic benefit cost	Components of net periodic benefit cost: 2018 2017 2016 Service cost $ 8 $ 10 $ 17 Interest cost 38 41 54 Amortization of prior service cost (a) 5 6 6 Expected return on plan assets (44 ) (45 ) (65 ) Amortization of net loss 16 5 6 Net periodic benefit cost $ 23 $ 17 $ 18 Additional (gain) loss recognized due to: Settlement charges (b) $ — $ 19 $ 32 Special termination benefits $ 1 $ 2 $ 3 Pension data adjustment (c) $ — $ 22 $ — (a) Prior service costs are amortized on a straight-line basis over the average remaining service period of employees expected to receive benefits. (b) Settlement losses result when benefit payments exceed the sum of the service cost and interest cost within a plan during the year. These losses were recorded in Other pension (income) expense. (c) Reflects a non-cash, out-of-year charge related to the adjustment of certain historical deferred vested liability balances in the Plan during the first quarter of 2017 recorded in Other pension (income) expense. See Note 5.
Pension losses in accumulated other comprehensive income (loss)	Pension gains (losses) in AOCI: 2018 2017 Beginning of year $ (160 ) $ (180 ) Net actuarial gain (loss) 17 (10 ) Curtailments — 2 Amortization of net loss 16 5 Amortization of prior service cost 5 6 Prior service cost (1 ) (2 ) Settlement charges — 19 End of year $ (123 ) $ (160 )
Schedule of Accumulated pre-tax losses recognized in Accumulated Other Comprehensive Income	Accumulated pre-tax losses recognized within AOCI: 2018 2017 Actuarial net loss $ (101 ) $ (134 ) Prior service cost (22 ) (26 ) $ (123 ) $ (160 )
Weighted-average assumptions used to determine benefit obligations and net periodic benefit cost	Weighted-average assumptions used to determine benefit obligations at the measurement dates: 2018 2017 Discount rate 4.60 % 3.90 % Rate of compensation increase 3.00 % 3.75 % Weighted-average assumptions used to determine the net periodic benefit cost for fiscal years: 2018 2017 (a) 2016 Discount rate 3.90 % 4.53 % 4.90 % Long-term rate of return on plan assets 5.65 % 6.06 % 6.75 % Rate of compensation increase 3.75 % 3.75 % 3.75 % (a) Reflects a weighted average due to interim re-measurements in 2017.
Fair values of pension plan assets	The fair values of our pension plan assets at December 31, 2018 and December 31, 2017 by asset category and level within the fair value hierarchy are as follows: 2018 2017 Level 1: Cash $ 3 $ 3 Cash Equivalents (a) 10 12 Fixed Income Securities - U.S. Corporate (b) 140 177 Equity Securities – U.S. Large cap (b) 215 257 Equity Securities – U.S. Mid cap (b) 35 43 Equity Securities – U.S. Small cap (b) 34 43 Equity Securities – Non-U.S. (b) 74 87 Level 2: Fixed Income Securities – U.S. Corporate (c) 106 86 Fixed Income Securities – U.S. Government and Government Agencies (d) 161 177 Fixed Income Securities – Other (d) 18 35 Total fair value of plan assets (e) $ 796 $ 920 (a) Short-term investments in money market funds. (b) Securities held in common trusts. (c) Investments held directly by the Plan. (d) Includes securities held in common trusts and investments held directly by the Plan. (e) 2018 and 2017 exclude net unsettled trade payables of $41 million and $56 million , respectively.
Expected benefit payments	The benefits expected to be paid in each of the next five years and in the aggregate for the five years thereafter are set forth below: Year ended: 2019 $ 39 2020 40 2021 43 2022 45 2023 48 2024 - 2028 269

Share-based and Deferred Comp_2

Share-based and Deferred Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2018
Compensation Related Costs [Abstract]
Weighted-average assumptions used in the Black-Scholes option-pricing model	We estimated the fair value of each stock option and SAR award as of the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions: 2018 2017 2016 Risk-free interest rate 2.5 % 1.9 % 1.4 % Expected term (years) 6.5 years 6.4 years 6.4 years Expected volatility 22.0 % 22.9 % 27.0 % Expected dividend yield 1.8 % 1.8 % 2.6 %
Summary of award activity	Stock Options and SARs Shares (in thousands) Weighted-Average Exercise Price Weighted- Average Remaining Contractual Term (years) Aggregate Intrinsic Value (in millions) Outstanding at the beginning of the year 18,285 $ 44.85 Granted 2,580 78.35 Exercised (3,832 ) 34.05 Forfeited or expired (842 ) 71.72 Outstanding at the end of the year 16,191 (a) 51.84 5.50 $ 626 Exercisable at the end of the year 10,297 $ 43.23 4.02 $ 501 (a) Outstanding awards include 753 options and 15,438 SARs with weighted average exercise prices of $42.40 and $52.30 , respectively. Outstanding awards represent YUM awards held by employees of both YUM and Yum China.	[1]
Impact on net income	The components of share-based compensation expense and the related income tax benefits are shown in the following table: 2018 2017 2016 Options and SARs $ 37 $ 30 $ 38 Restricted Stock Units 6 26 38 Performance Share Units 7 9 4 Total Share-based Compensation Expense $ 50 (a) $ 65 (a) $ 80 (b) Deferred Tax Benefit recognized $ 9 $ 22 (c) $ 26 (c) EID compensation expense not share-based $ (2 ) $ 12 $ 5 (a) Includes $3 million of appreciation and $18 million of depreciation in the market price of Yum China's stock in 2018 and 2017, respectively. See Note 5. (b) Includes $30 million due to modifications of awards in connection with the Separation that was not allocated to any of our operating segments for performance purposes. See Note 5.
[1]	Outstanding awards include 753 options and 15,438 SARs with weighted average exercise prices of $42.40 and $52.30

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Repurchase Of Shares Of Common Stock	Shares Repurchased (thousands) Dollar Value of Shares Repurchased Authorization Date 2018 2017 2016 2018 2017 2016 August 2018 10,003 — — $ 894 $ — $ — November 2017 18,240 — — 1,500 — — November 2016 — 26,561 1,337 — 1,915 85 May 2016 — — 50,435 — — 4,200 March 2016 — — 2,823 — — 229 December 2015 — — 13,368 — — 933 Total 28,243 (a) 26,561 (b) 67,963 (b) $ 2,394 (a) $ 1,915 (b) $ 5,447 (b) (a) Includes the effect of $5 million in share repurchases ( 0.1 million shares) with trade dates on, or prior to, December 31, 2018 but settlement dates subsequent to December 31, 2018. (b) 2017 amount excludes and 2016 amount includes the effect of $45 million in share repurchases ( 0.7 million
Schedule of changes in accumulated other comprehensive income	Changes in AOCI are presented below. Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature (a) Pension and Post-Retirement Benefits (b) Derivative Instruments (c) Total Balance at December 31, 2016, net of tax $ (336 ) $ (127 ) $ 5 $ (458 ) OCI, net of tax Gains (losses) arising during the year classified into AOCI, net of tax 107 (13 ) (51 ) 43 (Gains) losses reclassified from AOCI, net of tax 55 34 55 144 162 21 4 187 Balance at December 31, 2017, net of tax $ (174 ) $ (106 ) $ 9 $ (271 ) Adoption of accounting standards 21 (d) (17 ) (e) (2 ) (e) 2 OCI, net of tax Gains (losses) arising during the year classified into AOCI, net of tax (88 ) 24 20 (44 ) (Gains) losses reclassified from AOCI, net of tax (4 ) 17 (34 ) (21 ) (92 ) 41 (14 ) (65 ) Balance at December 31, 2018, net of tax $ (245 ) $ (82 ) $ (7 ) $ (334 ) (a) Amounts reclassified from AOCI are due to substantially complete liquidations of foreign entities related to the KFC and Pizza Hut Brazil refranchising transactions during 2018 and KFC Turkey, Pizza Hut Turkey, Pizza Hut Thailand and Pizza Hut Korea refranchising transactions during 2017. (b) Amounts reclassified from AOCI for pension and post-retirement benefit plan losses during 2018 include amortization of net losses of $17 million , amortization of prior service cost of $5 million and related income tax benefit of $5 million . Amounts reclassified from AOCI for pension and post-retirement benefit plan losses during 2017 include amortization of net losses of $5 million , historical pension data adjustment of $22 million , settlement charges of $20 million , amortization of prior service cost of $5 million and related income tax benefit of $18 million . See Note 14. (c) See Note 12 for details on amounts reclassified from AOCI. (d) Represents the impact of foreign currency translation from the adoption of Topic 606. See Notes 2 and 5. (e)

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income before income taxes	U.S. and foreign income before taxes are set forth below: 2018 2017 2016 U.S. $ 726 $ 662 $ 366 Foreign 1,113 1,612 979 $ 1,839 $ 2,274 $ 1,345
Details of income tax provision (benefit)	The details of our income tax provision (benefit) are set forth below: 2018 2017 2016 Current: Federal $ 102 $ (2 ) $ 126 Foreign 181 290 160 State 25 12 13 $ 308 $ 300 $ 299 Deferred: Federal $ (24 ) $ 603 $ 19 Foreign 5 19 3 State 8 12 6 $ (11 ) $ 634 $ 28 $ 297 $ 934 $ 327
Effective income tax and tax rate reconciliation	The reconciliation of income taxes calculated at the U.S. federal statutory rate to our effective tax rate is set forth below: 2018 2017 2016 U.S. federal statutory rate 21.0 % 35.0 % 35.0 % State income tax, net of federal tax 1.0 0.5 1.1 Statutory rate differential attributable to foreign operations (12.3 ) (9.3 ) (10.5 ) Adjustments to reserves and prior years 2.8 0.5 (0.8 ) Share-based compensation (2.5 ) (5.1 ) — Change in valuation allowances 8.5 1.5 (0.2 ) Other, net (0.4 ) (1.1 ) (0.3 ) Tax Act Enactment (1.9 ) 19.1 — Effective income tax rate 16.2 % 41.1 % 24.3 %
Details of deferred tax assets (liabilities)	The details of 2018 and 2017 deferred tax assets (liabilities) are set forth below: 2018 2017 Operating losses $ 180 $ 216 Capital losses 3 4 Tax credit carryforwards 266 311 Employee benefits 72 94 Share-based compensation 62 58 Self-insured casualty claims 7 7 Lease-related liabilities 43 51 Various liabilities 43 51 Property, plant and equipment 19 24 Deferred income and other 53 31 Gross deferred tax assets 748 847 Deferred tax asset valuation allowances (454 ) (421 ) Net deferred tax assets $ 294 $ 426 Intangible assets, including goodwill $ (42 ) $ (69 ) Property, plant and equipment (33 ) (18 ) Deemed repatriation tax — (170 ) Other (31 ) (36 ) Gross deferred tax liabilities $ (106 ) $ (293 ) Net deferred tax assets (liabilities) $ 188 $ 133 Reported in Consolidated Balance Sheets as: Deferred income taxes $ 195 $ 139 Other liabilities and deferred credits (7 ) (6 ) $ 188 $ 133
Loss carryforwards, by year of expiration	The losses and tax credits will expire as follows: Year of Expiration 2019 2020-2023 2024-2037 Indefinitely Total Foreign $ 2 $ 22 $ 46 $ 346 $ 416 U.S. state — 78 941 — 1,019 U.S. federal — 49 207 — 256 $ 2 $ 149 $ 1,194 $ 346 $ 1,691
Unrecognized tax benefits reconciliation	A reconciliation of the beginning and ending amount of unrecognized tax benefits follows: 2018 2017 Beginning of Year $ 100 $ 91 Additions on tax positions - current year 19 3 Additions for tax positions - prior years — 8 Reductions for tax positions - prior years (5 ) — Reductions for settlements — (1 ) Reductions due to statute expiration (1 ) (1 ) Foreign currency translation adjustment — — End of Year $ 113 $ 100

Reportable Operating Segments (

Reportable Operating Segments (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Revenues 2018 2017 2016 KFC Division (a) $ 2,644 $ 3,110 $ 3,225 Pizza Hut Division (a) 988 893 1,108 Taco Bell Division (a) 2,056 1,880 2,025 Unallocated (b)(f) — (5 ) (2 ) $ 5,688 $ 5,878 $ 6,356 Operating Profit; Interest Expense, Net; and Income Before Income Taxes 2018 2017 2016 KFC Division $ 959 $ 981 $ 871 Pizza Hut Division 348 341 367 Taco Bell Division 633 619 595 Corporate and unallocated G&A expenses (b)(g) (171 ) (230 ) (280 ) Unallocated restaurant costs (b)(i) 3 10 — Unallocated Franchise and property revenues (b)(f) — (5 ) (2 ) Unallocated Franchise and property expenses (b)(f) (8 ) (30 ) (24 ) Unallocated Refranchising gain (loss) (b) 540 1,083 163 Unallocated Other income (expense) (b)(h) (8 ) (8 ) (8 ) Operating Profit 2,296 2,761 1,682 Investment income (expense), net (b) 9 5 2 Other pension income (expense) (b)(j) (14 ) (47 ) (32 ) Interest expense, net (b) (452 ) (445 ) (307 ) Income from continuing operations before income taxes $ 1,839 $ 2,274 $ 1,345 Depreciation and Amortization 2018 2017 2016 KFC Division $ 58 $ 138 $ 172 Pizza Hut Division 10 26 36 Taco Bell Division 61 82 90 Corporate 8 7 12 $ 137 $ 253 $ 310 Capital Spending 2018 2017 2016 KFC Division $ 105 $ 176 $ 216 Pizza Hut Division 38 42 69 Taco Bell Division 85 95 132 Corporate 6 5 10 $ 234 $ 318 $ 427 Identifiable Assets (e) 2018 2017 KFC Division $ 1,481 $ 1,791 Pizza Hut Division 701 628 Taco Bell Division 1,074 1,086 Corporate (c) 874 1,806 $ 4,130 $ 5,311 Long-Lived Assets (d) 2018 2017 KFC Division $ 868 $ 1,200 Pizza Hut Division 384 311 Taco Bell Division 720 778 Corporate 32 31 $ 2,004 $ 2,320 (a) U.S. revenues included in the combined KFC, Pizza Hut and Taco Bell Divisions totaled $2.9 billion in 2018, $2.8 billion in 2017 and $3.1 billion in 2016. (b) Amounts have not been allocated to any segment for performance reporting purposes. (c) Primarily includes cash, our Grubhub investment and deferred tax assets. (d) Includes PP&E, goodwill, and intangible assets, net. (e) U.S. identifiable assets included in the combined Corporate and KFC, Pizza Hut and Taco Bell Divisions totaled $2.0 billion and $3.0 billion in 2018 and 2017, respectively. (f) Represents costs associated with the KFC U.S. Acceleration Agreement and Pizza Hut U.S. Transformation Agreement. See Note 5. (g) Amounts in 2018 include costs related to YUM's Strategic Transformation Initiatives of $8 million , partially offset by non-cash credits associated with modifications of share-based compensation awards of $3 million . Amounts in 2017 include costs related to YUM’s Strategic Transformation Initiatives of $21 million , non-cash charges associated with modifications of share-based compensation awards of $18 million and costs associated with the Pizza Hut U.S. Transformation Agreement of $13 million . See Note 5. (h) Amounts include losses associated with the sale of corporate aircraft related to YUM’s Strategic Transformation Initiatives of $2 million in 2017. See Note 7. (i) Represents depreciation reductions arising primarily from KFC restaurants that were held-for-sale. See Note 5. (j) Amounts in 2017 include a non-cash charge of $22 million
Reconciliation of Revenue from Segments to Consolidated	Revenues 2018 2017 2016 KFC Division (a) $ 2,644 $ 3,110 $ 3,225 Pizza Hut Division (a) 988 893 1,108 Taco Bell Division (a) 2,056 1,880 2,025 Unallocated (b)(f) — (5 ) (2 ) $ 5,688 $ 5,878 $ 6,356
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	Operating Profit; Interest Expense, Net; and Income Before Income Taxes 2018 2017 2016 KFC Division $ 959 $ 981 $ 871 Pizza Hut Division 348 341 367 Taco Bell Division 633 619 595 Corporate and unallocated G&A expenses (b)(g) (171 ) (230 ) (280 ) Unallocated restaurant costs (b)(i) 3 10 — Unallocated Franchise and property revenues (b)(f) — (5 ) (2 ) Unallocated Franchise and property expenses (b)(f) (8 ) (30 ) (24 ) Unallocated Refranchising gain (loss) (b) 540 1,083 163 Unallocated Other income (expense) (b)(h) (8 ) (8 ) (8 ) Operating Profit 2,296 2,761 1,682 Investment income (expense), net (b) 9 5 2 Other pension income (expense) (b)(j) (14 ) (47 ) (32 ) Interest expense, net (b) (452 ) (445 ) (307 ) Income from continuing operations before income taxes $ 1,839 $ 2,274 $ 1,345
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated	Depreciation and Amortization 2018 2017 2016 KFC Division $ 58 $ 138 $ 172 Pizza Hut Division 10 26 36 Taco Bell Division 61 82 90 Corporate 8 7 12 $ 137 $ 253 $ 310 Capital Spending 2018 2017 2016 KFC Division $ 105 $ 176 $ 216 Pizza Hut Division 38 42 69 Taco Bell Division 85 95 132 Corporate 6 5 10 $ 234 $ 318 $ 427 Identifiable Assets (e) 2018 2017 KFC Division $ 1,481 $ 1,791 Pizza Hut Division 701 628 Taco Bell Division 1,074 1,086 Corporate (c) 874 1,806 $ 4,130 $ 5,311 Long-Lived Assets (d) 2018 2017 KFC Division $ 868 $ 1,200 Pizza Hut Division 384 311 Taco Bell Division 720 778 Corporate 32 31 $ 2,004 $ 2,320

Contingencies (Tables)

Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Activity related to self-insured property and casualty reserves	The following table summarizes the 2018 and 2017 activity related to our net self-insured property and casualty reserves as of December 31, 2018 . Beginning Balance Expense Payments Ending Balance 2018 Activity $ 84 11 (29 ) $ 66 2017 Activity $ 98 27 (41 ) $ 84

Selected Quarterly Financial _2

Selected Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2018
Schedule of Quarterly Financial Information [Abstract]
Schedule of Quarterly Financial Information	2018 First Quarter Second Quarter Third Quarter Fourth Quarter Total Revenues: Company sales $ 512 $ 512 $ 499 $ 477 $ 2,000 Franchise and property revenues 584 584 605 709 2,482 Franchise contributions for advertising and other services 275 272 287 372 1,206 Total revenues 1,371 1,368 1,391 1,558 5,688 Restaurant profit 74 91 100 101 366 Operating Profit (a) 553 449 553 741 2,296 Net Income 433 321 454 334 1,542 Basic earnings per common share from continuing operations 1.30 0.99 1.43 1.07 4.80 Diluted earnings per common share from continuing operations 1.27 0.97 1.40 1.04 4.69 Dividends declared per common share 0.36 0.36 0.36 0.36 1.44 2017 First Quarter Second Quarter Third Quarter Fourth Quarter Total Revenues: Company sales $ 902 $ 909 $ 871 $ 890 $ 3,572 Franchise and property revenues 515 539 565 687 2,306 Total revenues 1,417 1,448 1,436 1,577 5,878 Restaurant profit 144 161 154 159 618 Operating Profit (b) 484 419 643 1,215 2,761 Net Income 280 206 418 436 1,340 Basic earnings per common share from continuing operations 0.78 0.59 1.21 1.29 3.86 Diluted earnings per common share from continuing operations 0.77 0.58 1.18 1.26 3.77 Dividends declared per common share 0.30 0.30 — 0.30 0.90 (a) Includes net gains from refranchising initiatives of $156 million , $29 million , $100 million and $255 million in the first, second, third and fourth quarters, respectively. (b) Includes net gains from refranchising initiatives of $111 million , $19 million , $201 million and $752 million

Description of Business (Detail

Description of Business (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)Monthsoperating_segmentsrestaurantscountries_and_territioriesRate		Dec. 31, 2017USD ($)		Dec. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Approximate Number Of System Units | restaurants	48,000
Percent Of System Units Located Outside United States	98.00%
Approximate Number Of Countries And Territories Where System Units Are Located | countries_and_territiories	140
Number of Operating Segments | operating_segments	3
Revenues	$ 5,688				$ 6,356
Operating Profit	2,296		$ 2,761		1,682
Stock Repurchased During Period, Value	$ 2,394	[1]	1,915	[2]	5,447	[2]
Fiscal period months standard first quarter | Months	2
Fiscal period months standard second and third quarters | Months	3
Fiscal period months standard fourth quarter | Months	4
Number of periods or months in advance that certain of our international businesses close their books | Months	1
KFC Global Division [Member]
Segment Reporting Information [Line Items]
Revenues	$ 2,644
Operating Profit	959		981		871
Pizza Hut Global Division [Member]
Segment Reporting Information [Line Items]
Revenues	988
Operating Profit	348		341		367
Taco Bell Global Division [Member]
Segment Reporting Information [Line Items]
Revenues	2,056
Operating Profit	$ 633		$ 619		$ 595
Minimum [Member]
Segment Reporting Information [Line Items]
Continuing Fees Rate | Rate	4.00%
Maximum [Member]
Segment Reporting Information [Line Items]
Continuing Fees Rate | Rate	6.00%
[1]	Includes the effect of $5 million in share repurchases ( 0.1 million
[2]	2017 amount excludes and 2016 amount includes the effect of $45 million in share repurchases ( 0.7 million

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) $ in Millions

3 Months Ended

9 Months Ended

12 Months Ended

Dec. 31, 2018USD ($)weeks

Sep. 30, 2018USD ($)

Jun. 30, 2018USD ($)

Mar. 31, 2018USD ($)

Dec. 31, 2017USD ($)

Sep. 30, 2017USD ($)

Jun. 30, 2017USD ($)

Mar. 31, 2017USD ($)

Sep. 30, 2018weeks

Dec. 31, 2018USD ($)

Dec. 31, 2017USD ($)

Dec. 31, 2016USD ($)

Dec. 31, 2015USD ($)

Jan. 01, 2018USD ($)

Schedule of Equity Method Investments [Line Items]

Number of weeks in each of the first three quarters of each fiscal year | weeks

16

12

Business Acquisitions, Purchase Price Allocation, Year of Acquisition, Description

$ 77

Payments to Acquire Businesses, Net of Cash Acquired

66

$ 0

$ 0

Deferred Revenue

$ 414

414

$ 392

Future lease payments due from franchisees on a nominal basis

1,100

1,100

Reclassification of Retained Earnings to Common Stock for Share Repurchase

2,356

1,915

5,399

Revenues

5,688

6,356

Deferred Revenue, Revenue Recognized

(66)

Deferred Revenue, Additions

102

Retained Earnings

Schedule of Equity Method Investments [Line Items]

Employee Stock Option and SARs Exercises, Value

20

Product [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

477

$ 499

$ 512

$ 512

$ 890

$ 871

$ 909

$ 902

2,000

3,572

4,189

Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

372

287

272

275

1,206

0

0

UNITED STATES

Schedule of Equity Method Investments [Line Items]

Rental income

54

UNITED STATES | Product [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

1,143

UNITED STATES | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

994

UNITED STATES | Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

706

CHINA | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

260

Other, Outside the U.S. and China [Member]

Schedule of Equity Method Investments [Line Items]

Rental income

77

Other, Outside the U.S. and China [Member] | Product [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

857

Other, Outside the U.S. and China [Member] | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

1,097

Other, Outside the U.S. and China [Member] | Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

500

KFC Global Division [Member]

Schedule of Equity Method Investments [Line Items]

Revenues

2,644

KFC Global Division [Member] | UNITED STATES

Schedule of Equity Method Investments [Line Items]

Rental income

23

KFC Global Division [Member] | UNITED STATES | Product [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

72

KFC Global Division [Member] | UNITED STATES | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

171

KFC Global Division [Member] | UNITED STATES | Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

9

KFC Global Division [Member] | CHINA | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

201

KFC Global Division [Member] | Other, Outside the U.S. and China [Member]

Schedule of Equity Method Investments [Line Items]

Rental income

74

KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Product [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

822

KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

825

KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

447

Pizza Hut Global Division [Member]

Schedule of Equity Method Investments [Line Items]

Revenues

988

Pizza Hut Global Division [Member] | UNITED STATES

Schedule of Equity Method Investments [Line Items]

Rental income

4

Pizza Hut Global Division [Member] | UNITED STATES | Product [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

37

Pizza Hut Global Division [Member] | UNITED STATES | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

284

Pizza Hut Global Division [Member] | UNITED STATES | Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

269

Pizza Hut Global Division [Member] | CHINA | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

59

Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member]

Schedule of Equity Method Investments [Line Items]

Rental income

3

Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Product [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

32

Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

248

Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

52

Taco Bell Global Division [Member]

Schedule of Equity Method Investments [Line Items]

Revenues

2,056

Taco Bell Global Division [Member] | UNITED STATES

Schedule of Equity Method Investments [Line Items]

Rental income

27

Taco Bell Global Division [Member] | UNITED STATES | Product [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

1,034

Taco Bell Global Division [Member] | UNITED STATES | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

539

Taco Bell Global Division [Member] | UNITED STATES | Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

428

Taco Bell Global Division [Member] | CHINA | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

0

Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member]

Schedule of Equity Method Investments [Line Items]

Rental income

0

Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Product [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

3

Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

24

Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Revenue from Contract with Customer, Excluding Assessed Tax

1

Foreign Currency Gain (Loss) and Refranchising Gain (Loss) [Member]

Schedule of Equity Method Investments [Line Items]

Deferred Revenue, Period Increase (Decrease)

[1]

(14)

1 year [Member]

Schedule of Equity Method Investments [Line Items]

Deferred Revenue, Revenue Expected to be Recognized

60

60

2 years [Member]

Schedule of Equity Method Investments [Line Items]

Deferred Revenue, Revenue Expected to be Recognized

55

55

3 years [Member]

Schedule of Equity Method Investments [Line Items]

Deferred Revenue, Revenue Expected to be Recognized

51

51

4 years [Member]

Schedule of Equity Method Investments [Line Items]

Deferred Revenue, Revenue Expected to be Recognized

47

47

5 years [Member]

Schedule of Equity Method Investments [Line Items]

Deferred Revenue, Revenue Expected to be Recognized

42

42

Thereafter 5 years [Member]

Schedule of Equity Method Investments [Line Items]

Deferred Revenue, Revenue Expected to be Recognized

159

159

Incremental Advertising [Member] | KFC Global Division [Member]

Schedule of Equity Method Investments [Line Items]

Costs associated with KFC U.S. Acceleration Agreement

10

20

20

$ 10

Incremental Advertising [Member] | Pizza Hut Global Division [Member]

Schedule of Equity Method Investments [Line Items]

Costs associated with PH U.S. Acceleration Agreement

12.5

Incremental Advertising [Member] | Franchise and property expenses [Member] | Pizza Hut Global Division [Member]

Schedule of Equity Method Investments [Line Items]

Costs associated with PH U.S. Acceleration Agreement

12.5

25

Continuing Operations [Member]

Schedule of Equity Method Investments [Line Items]

Advertising Expense

131

245

260

Revenues

$ 1,558

$ 1,391

$ 1,368

$ 1,371

$ 1,577

$ 1,436

$ 1,448

$ 1,417

5,688

5,878

6,356

Continuing Operations [Member] | Advertising Cooperatives [Domain]

Schedule of Equity Method Investments [Line Items]

Advertising Expense

1,035

Continuing Operations [Member] | KFC Global Division [Member]

Schedule of Equity Method Investments [Line Items]

Revenues

[2]

2,644

3,110

3,225

Continuing Operations [Member] | Pizza Hut Global Division [Member]

Schedule of Equity Method Investments [Line Items]

Revenues

[2]

988

893

1,108

Continuing Operations [Member] | Taco Bell Global Division [Member]

Schedule of Equity Method Investments [Line Items]

Revenues

[2]

$ 2,056

$ 1,880

$ 2,025

[1]

Includes impact of foreign currency translation as well as the recognition of deferred franchise fees into Refranchising (gain) loss upon the modification of existing franchise agreements when entering into master franchise agreements.

[2]

U.S. revenues included in the combined KFC, Pizza Hut and Taco Bell Divisions totaled $2.9 billion in 2018, $2.8 billion in 2017 and $3.1 billion

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Details 2) $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2018weeks	Sep. 30, 2018weeks	Dec. 31, 2018USD ($)MonthsYears	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Fiscal Period Adjustment [Line Items]
Goodwill Written Off Related To Sale Of Business Unit Years From Acquisition			2
Week added as a result of the fiscal year ending on last Saturday in December			53
Frequency of adding a week as a result of the fiscal year ending on the last Saturday in December			five or six
Number of weeks in each of the first three quarters of each fiscal year | weeks	16	12
Number of weeks in the fourth quarter of each fiscal year with 52 weeks | weeks	16
Number of weeks in the fourth quarter of each fiscal year with 53 weeks | weeks	17
Fiscal period months standard first quarter | Months			2
Fiscal period months standard second and third quarters | Months			3
Fiscal period months standard fourth quarter | Months			4
Revenues | $			$ 5,688		$ 6,356
Operating Profit | $			$ 2,296	$ 2,761	1,682
Fair Value Goodwill Written Off Related To Sale Of Business Unit Minimum Years Refranchised			2
Number of years notes receivable and direct financing leases are beyond and would be included in other assets			1
Number of years notes receivable and direct financing leases are due within and would be included in accounts and notes receivable			1
Number Of Consecutive Years Used As Primary Indicator Of Potential Impairment Of Restaurant Assets			2
53rd Week Impact [Member]
Fiscal Period Adjustment [Line Items]
Revenues | $					76
Operating Profit | $					$ 28

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Details 3) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)Years	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Impairment or Disposal of Property, Plant and Equipment [Abstract]
Number of consecutive years of operating losses used as primary indicator of potential impairment for our semi-annual impairment testing of restaurant assets | Years	2
Leases and Leasehold Improvements [Abstract]
Approximate number of restaurants operated on leased land and/or buildings	517
Goodwill and Intangible Assets [Abstract]
Goodwill Written Off Related To Sale Of Business Unit Years From Acquisition | Years	2
Fair Value Goodwill Written Off Related To Sale Of Business Unit Minimum Years Refranchised | Years	2
Minimum [Member] | Buildings and improvements
Property, Plant and Equipment [Line Items]
Estimated useful life used in the calculation of the depreciation and amortization on a straight-line basis (in years)	5 years
Minimum [Member] | Machinery and equipment
Property, Plant and Equipment [Line Items]
Estimated useful life used in the calculation of the depreciation and amortization on a straight-line basis (in years)	3 years
Maximum [Member] | Buildings and improvements
Property, Plant and Equipment [Line Items]
Estimated useful life used in the calculation of the depreciation and amortization on a straight-line basis (in years)	25 years
Maximum [Member] | Machinery and equipment
Property, Plant and Equipment [Line Items]
Estimated useful life used in the calculation of the depreciation and amortization on a straight-line basis (in years)	20 years
Continuing Operations [Member]
Property, Plant and Equipment [Line Items]
Deferred Tax Assets, Net of Valuation Allowance, Current | $	$ 195	$ 139
Foreign Currency [Abstract]
Foreign currency translation adjustment | $	245
Direct Marketing Costs [Abstract]
Advertising Expense | $	$ 131	$ 245	$ 260

Summary of Significant Accoun_7

Summary of Significant Accounting Policies (Details 4) $ in Millions	3 Months Ended										12 Months Ended
	Dec. 31, 2018USD ($)		Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)		Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2018USD ($)MonthsRate		Dec. 31, 2017USD ($)		Dec. 31, 2016USD ($)		Jan. 01, 2018USD ($)	Dec. 31, 2015USD ($)
Revenues											$ 5,688				$ 6,356
Fiscal period months standard first quarter | Months											2
Period Within Date Of Corresponding Sales In Which Trade Receivables Are Classified As Accounts And Notes Receivable											30 days
Accounts and notes receivable [Abstract]
Accounts and notes receivable, net	$ 561										$ 561
Other Assets	321					$ 375					321		$ 375
Deferred income taxes	195										195
Repurchase Of Shares Of Common Stock [Abstract]
Stock Repurchased During Period, Value											$ (2,394)	[1]	(1,915)	[2]	(5,447)	[2]
Fiscal period months standard second and third quarters | Months											3
Fiscal period months standard fourth quarter | Months											4
Number of periods or months in advance that certain of our international businesses close their books | Months											1
Reduction to Retained earnings
Repurchase Of Shares Of Common Stock [Abstract]
Stock Repurchased During Period, Value											$ (2,356)		(1,915)		(5,399)
Accounting Standards Update 2014-09 [Member]
Accounts and notes receivable [Abstract]
Deferred income taxes																	$ 26
Continuing Operations [Member]
Revenues	1,558		$ 1,391	$ 1,368	$ 1,371	1,577		$ 1,436	$ 1,448	$ 1,417	5,688		5,878		6,356
Receivables [Abstract]
Net amounts included in Other Assets	62					38					62		38
Allowance for doubtful accounts related to notes and direct financing lease receivables	1										1
Accounts and notes receivable [Abstract]
Accounts and notes receivable	592					419					592		419
Allowance for doubtful accounts	(31)					(19)					(31)		(19)
Accounts and notes receivable, net	561					400					561		400
Other Assets	321					375					321		375
Deferred income taxes	195					139					195		139
Other current liabilities	347					343					347		343
Repurchase Of Shares Of Common Stock [Abstract]
Net Cash Provided by (Used in) Operating Activities											1,176		1,030		1,248
Cash, Cash Equivalents and Restricted Cash as presented in the Consolidated Statement of Cash Flows	$ 474	[3]				$ 1,599	[3]				474	[3]	1,599	[3]	831	[3]	$ 1,668	$ 365
Operating Expenses											3,392		3,117		4,674
Franchise and property expenses [Member]
Repurchase Of Shares Of Common Stock [Abstract]
Sales Allowances, Services											11		$ 5		$ 1
2018 [Member] | Accounting Standards Update 2014-09 [Member]
Repurchase Of Shares Of Common Stock [Abstract]
Operating Expenses											$ 1,000
Minimum [Member]
Continuing Fees Rate | Rate											4.00%
Maximum [Member]
Continuing Fees Rate | Rate											6.00%
Capitalized software costs | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life											3 years
Capitalized software costs | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life											7 years
[1]	Includes the effect of $5 million in share repurchases ( 0.1 million
[2]	2017 amount excludes and 2016 amount includes the effect of $45 million in share repurchases ( 0.7 million
[3]	Upon adoption of Topic 606 we reclassified cash of $11 million and restricted cash of $58 million

Note 2. Summary of Significan_3

Note 2. Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Details 5) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Jan. 01, 2018
Pizza Hut Global Division [Member] | Incremental Advertising [Member]
Costs associated with PH U.S. Acceleration Agreement	$ 12.5
Franchise and property expenses [Member] | Pizza Hut Global Division [Member] | Incremental Advertising [Member]
Costs associated with PH U.S. Acceleration Agreement	12.5	$ 25
Incremental Advertising [Member] | KFC Global Division [Member]
Costs associated with KFC U.S. Acceleration Agreement	10	$ 20	$ 20	$ 10
Accounting Standards Update 2018-02 [Member]
Reclassification from accumulated other comprehensive (income) loss to accumulated deficit for stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017					$ 19
Accounting Standards Update 2016-16 [Member] | Other Assets [Member]
Write-off of unamortized tax consequence of certain historical intra-entity transfers of assets					$ (30)
2019 [Member] | Accounting Standards Update 2016-02 [Member] | Liabilities, Total [Member]
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Total Liabilities	750
2019 [Member] | Accounting Standards Update 2016-02 [Member] | Assets, Total [Member]
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Total Assets	$ 675

Earnings Per Common Share ("E_3

Earnings Per Common Share ("EPS") (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income from continuing operations												$ 1,018
Income from discontinued operations												625
Net Income						$ 436	$ 418	$ 206	$ 280	$ 1,542	$ 1,340	$ 1,643
Weighted-average common shares outstanding (for basic calculation) (in shares)										322	347	394
Effect of dilutive share-based employee compensation (in shares)										7	8	6
Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) (in shares)										329	355	400
Basic EPS (in dollars per share)										$ 4.80	$ 3.86	$ 4.17
Diluted EPS (in dollars per share)										$ 4.69	$ 3.77	$ 4.10
Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation (in shares)	[1]									2	2.3	5
Continuing Operations [Member]
Income from continuing operations		$ 334	$ 454	$ 321	$ 433					$ 1,542	$ 1,340	$ 1,018
Basic EPS (in dollars per share)		$ 1.07	$ 1.43	$ 0.99	$ 1.30	$ 1.29	$ 1.21	$ 0.59	$ 0.78	$ 4.80	$ 3.86	$ 2.58
Diluted EPS (in dollars per share)		$ 1.04	$ 1.40	$ 0.97	$ 1.27	$ 1.26	$ 1.18	$ 0.58	$ 0.77	$ 4.69	$ 3.77	$ 2.54
Discontinued Operations [Member]
Income from discontinued operations										$ 0	$ 0	$ 625	[2]
Basic EPS (in dollars per share)												$ 1.59
Diluted EPS (in dollars per share)												$ 1.56
[1]	These unexercised employee stock options and stock appreciation rights were not included in the computation of diluted EPS because to do so would have been antidilutive for the periods presented.
[2]	Includes Yum China financial results from January 1, 2016 to October 31, 2016.

Discontinued Operations (Detail

Discontinued Operations (Details) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2018USD ($)restaurants	Sep. 30, 2018USD ($)	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2018USD ($)restaurants	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Income Statement [Abstract]
Company restaurant expenses										$ (1,634)
General and administrative expenses										(895)
Franchise and license expenses										(188)	$ (237)	$ (201)
Refranchising (gain) loss		$ 255	$ 100	$ 29	$ 156	$ 752	$ 201	$ 19	$ 111	540	1,083	163
Interest income	[1]									(452)	(445)	(307)
Income tax provision										(297)
Income from discontinued operations - YUM! Brands, Inc.												625
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Cash and cash equivalents		292								292
Accounts and notes receivable, net		561								561
Prepaid expenses and other current assets		354								354
Total Current Assets		1,207				2,507				1,207	2,507
Property, Plant and equipment, net		1,237								1,237
Goodwill		525								525
Intangible assets, net		242								242
Other assets		724								724
Deferred income taxes		195								195
Total assets classified as discontinued operations		4,130				5,311				4,130	5,311
Accounts payable and other current liabilities		911								911
Total liabilities of discontinued operations		$ 12,056				11,645				$ 12,056	11,645
Number of Stores | restaurants		48,000								48,000
Continuing Operations [Member]
Income Statement [Abstract]
Company restaurant expenses										$ (1,634)	(2,954)	(3,489)
General and administrative expenses										(895)	(999)	(1,129)
Closures and impairment expenses										7	10	18
Refranchising (gain) loss										540	1,083	163
Interest income										(452)	(445)	(307)
Income tax provision										(297)	(934)	(327)
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Cash and cash equivalents		$ 292				1,522				292	1,522	725
Accounts and notes receivable, net		561				400				561	400
Prepaid expenses and other current assets		354				384				354	384
Property, Plant and equipment, net		1,237				1,594				1,237	1,594
Goodwill	[2]	525				512				525	512	536
Intangible assets, net		242				214				242	214
Other assets		724				345				724	345
Deferred income taxes		195				139				195	139
Total assets classified as discontinued operations		4,130				5,311				4,130	5,311
Accounts payable and other current liabilities		911				813				911	813
Other liabilities and deferred credits		1,004				704				1,004	704
Discontinued Operations [Member]
Income Statement [Abstract]
Company restaurant expenses	[3]											(4,766)
General and administrative expenses	[3],[4]											(406)
Franchise and license expenses	[3]											(45)
Closures and impairment expenses	[3],[5]											(8)
Refranchising (gain) loss	[3]											12
Interest income	[3]											8
Income from discontinued operations before income taxes	[3]											571
Income tax provision	[3],[6]											65
Income from discontinued operations - including noncontrolling interests	[3]											636
Income (loss) from discontinued operations - noncontrolling interests	[3]											(11)
Income from discontinued operations - YUM! Brands, Inc.										0	0	625	[3]
Costs associated with the planned spin-off of the China business												68
Little Sheep [Member] | Discontinued Operations [Member]
Income Statement [Abstract]
Income tax provision												233
Restatement Adjustment [Member]
Income Statement [Abstract]
Refranchising (gain) loss												24
Income from discontinued operations - YUM! Brands, Inc.												0
CHINA | Continuing Operations [Member]
Income Statement [Abstract]
Discontinued Operation, Amount of Continuing Cash Flows after Disposal										233	217	16
Product [Member]
Income Statement [Abstract]
Company sales		477	499	512	512	890	871	909	902	2,000	3,572	4,189
Product [Member] | Discontinued Operations [Member]
Income Statement [Abstract]
Company sales	[3]											5,667
Franchise and property revenue [Member]
Income Statement [Abstract]
Company sales		$ 709	$ 605	$ 584	$ 584	$ 687	$ 565	$ 539	$ 515	$ 2,482	$ 2,306	2,167
Franchise and property revenue [Member] | Discontinued Operations [Member]
Income Statement [Abstract]
Company sales	[3]											$ 109
[1]	Amounts have not been allocated to any segment for performance reporting purposes.
[2]	Goodwill, net includes $17 million
[3]	Includes Yum China financial results from January 1, 2016 to October 31, 2016.
[4]	Includes costs incurred to execute the Separation of $68 million
[5]	Includes store closure and impairment expenses and equity income from KFC franchisees in which Yum China owns a minority interest.
[6]	During 2016, we recorded a tax benefit of $233 million

Items Affecting Comparability_3

Items Affecting Comparability of Net Income and Cash Flows (Details) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended																6 Months Ended	9 Months Ended	12 Months Ended							36 Months Ended
		Dec. 31, 2018USD ($)weeksYearsdays$ / shares		Sep. 30, 2018USD ($)$ / shares		Jun. 30, 2018USD ($)$ / sharesshares		Mar. 31, 2018USD ($)$ / shares		Dec. 31, 2017USD ($)$ / shares		Sep. 30, 2017USD ($)$ / shares		Jun. 30, 2017USD ($)$ / shares		Mar. 31, 2017USD ($)$ / shares		Dec. 31, 2017USD ($)	Sep. 30, 2018weeks	Dec. 31, 2018USD ($)Yearsrestaurantsdays$ / shares		Dec. 31, 2017USD ($)restaurants$ / shares		Dec. 31, 2016USD ($)restaurants$ / shares		Dec. 31, 2015USD ($)	Dec. 31, 2017USD ($)	Jan. 01, 2018USD ($)
Facility Actions [Line Items]
Business Combination, Consideration Transferred																				$ 77
Payments to Acquire Businesses, Net of Cash Acquired																				66		$ 0		$ 0
Business Combination, Consideration Transferred, Other		$ 6																		6
Business Combination, Contingent Consideration, Liability		5																		$ 5
Impact of adopting Topic 606 on our Condensed Consolidated Statements of Income [Table Text Block]																				The following tables reflect the impact of the adoption of Topic 606 on our Consolidated Statement of Income for the year ended December 31, 2018 and our Consolidated Balance Sheet as of December 31, 2018 . CONSOLIDATED STATEMENT OF INCOME Year ended 12/31/2018 Revenues As Reported Impact Balances under Legacy GAAP Company sales $ 2,000 $ — $ 2,000 Franchise and property revenues 2,482 43 2,525 Franchise contributions for advertising and other services 1,206 (1,206 ) — Total revenues 5,688 (1,163 ) 4,525 Costs and Expenses, Net Company restaurant expenses 1,634 — 1,634 General and administrative expenses 895 — 895 Franchise and property expenses 188 27 215 Franchise advertising and other services expense 1,208 (1,208 ) — Refranchising (gain) loss (540 ) 4 (536 ) Other (income) expense 7 — 7 Total costs and expenses, net 3,392 (1,177 ) 2,215 Operating Profit 2,296 14 (a) 2,310 Investment (income) expense, net (9 ) — (9 ) Other pension (income) expense 14 — 14 Interest expense, net 452 — 452 Income from continuing operations before income taxes 1,839 14 1,853 Income tax provision (benefit) 297 3 300 Net Income $ 1,542 $ 11 $ 1,553 Basic Earnings Per Common Share $ 4.80 $ 0.03 $ 4.83 Diluted Earnings Per Common Share $ 4.69 $ 0.03 $ 4.72 (a) Includes $23 million
Cash and cash equivalents		(292)																		$ (292)
Revenues																				5,688				6,356
Proceeds from refranchising of restaurants																				825		1,773		370
Refranchising (gain) loss		(255)		$ (100)		$ (29)		$ (156)		$ (752)		$ (201)		$ (19)		$ (111)				(540)		(1,083)		(163)
Impact of retrospectively adopting new accounting guidance on Benefit Costs																								32
Business Combination
Pension settlement charges																						(20)
Facility Actions [Abstract]
Carrying value of goodwill		39																		39
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		33																		33
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, before Tax																				4		(55)		11
General and administrative expenses																				895
Operating Profit																				2,296		2,761		1,682
Income from continuing operations																								1,018
Income from discontinued operations																								625
Net Income (Loss) Attributable to Parent										436		418		206		280				$ 1,542		$ 1,340		$ 1,643
Diluted EPS (in dollars per share) | $ / shares																				$ 4.69		$ 3.77		$ 4.10
Total Shareholders' Equity		(7,926)								(6,334)								$ (6,334)		$ (7,926)		$ (6,334)					$ (6,334)
Equity Securities, FV-NI, Unrealized Gain (Loss)																				14
Accounts and notes receivable, net		(561)																		(561)
Prepaid expenses and other current assets		354																		354
Advertising cooperative assets, restricted		0																		0
Assets, Current		(1,207)								(2,507)								(2,507)		(1,207)		(2,507)					(2,507)
Property, Plant and equipment, net		(1,237)																		(1,237)
Goodwill		525																		525
Intangible assets, net		(242)																		(242)
Other assets		(724)																		(724)
Deferred income taxes		(195)																		(195)
Total Assets		(4,130)								(5,311)								(5,311)		(4,130)		(5,311)					(5,311)
Accounts payable and other current liabilities		(911)																		(911)
Income taxes payable		69																		69
Short-term borrowings		321								375								375		321		375					375
Advertising cooperative liabilities		0																		0
Liabilities, Current		(1,301)								(1,512)								(1,512)		(1,301)		(1,512)					(1,512)
Long-term debt		9,751								9,429								9,429		9,751		9,429					9,429
Other Liabilities, Noncurrent		1,004																		1,004
Total Liabilities		(12,056)								(11,645)								(11,645)		(12,056)		(11,645)					(11,645)
Retained Earnings (Accumulated Deficit)		(7,592)																		(7,592)
Accumulated other comprehensive income (loss)		(334)																		(334)
Stockholders' Equity Attributable to Parent		(7,926)																		(7,926)
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity		$ (4,130)								(5,311)								(5,311)		(4,130)		(5,311)					(5,311)
Cost of Goods and Services Sold																				1,634
Franchisor Costs																				188		237		$ 201
Cooperative Advertising Expense																				(1,208)		0		0
Other Operating Income (Expense), Net																				7
Costs and Expenses																				3,392
Investment Income, Net																				(9)		(5)		(2)
Other Pension (income) expense	[1],[2]																			14		47		32
Interest Income (Expense), Net	[1]																			452		445		307
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest																				1,839		$ 2,274		$ 1,345
Income tax provision																				$ 297
Basic Earnings Per Common Share (in dollars per share) | $ / shares																				$ 4.80		$ 3.86		$ 4.17
Number of weeks in each of the first three quarters of each fiscal year | weeks		16																	12
Gain (loss) on disposition of assets [Member]
Facility Actions [Line Items]
Number of Restaurants Refranchised | restaurants																				660		1,470		432
Corporate and Other [Member] | General and Administrative Expense [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Restructuring and Related Cost, Incurred Cost																				$ 8		$ 23		$ 67
KFC Global Division [Member]
Facility Actions [Line Items]
Revenues																				2,644
Refranchising (gain) loss																				(240)		(581)		(44)
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Operating Profit																				959		981		871
Total Assets	[3]	$ (1,481)								(1,791)								(1,791)		(1,481)		(1,791)					(1,791)
Unallocated and General and administrative expenses [Domain]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Costs associated with PH U.S. Acceleration Agreement																						39
Unallocated and General and administrative expenses [Domain] | Franchise and property expenses [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Costs associated with PH U.S. Acceleration Agreement																						31
U.S.
Facility Actions [Line Items]
Revenues																				2,900		2,800		3,100
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Total Assets		(2,000)								(3,000)								(3,000)		(2,000)		(3,000)					(3,000)
Pizza Hut Global Division [Member]
Facility Actions [Line Items]
Revenues																				988
Refranchising (gain) loss																				13		(16)		(48)
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Operating Profit																				348		341		367
Total Assets	[3]	(701)								(628)								(628)		(701)		(628)					(628)
Taco Bell Global Division [Member]
Facility Actions [Line Items]
Revenues																				2,056
Refranchising (gain) loss																				(313)		(486)		(71)
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Operating Profit																				633		619		595
Total Assets	[3]	(1,074)								(1,086)								(1,086)		(1,074)		(1,086)					(1,086)
Retained Earnings
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Net Income (Loss) Attributable to Parent																				1,542		1,340		1,643
Total Shareholders' Equity		(7,592)								(6,063)								(6,063)		(7,592)		(6,063)		(5,157)		$ 1,187	(6,063)
2017 to 2018 [Member] | Unallocated and General and administrative expenses [Domain] | Franchise and property expenses [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Costs associated with PH U.S. Acceleration Agreement																				90
Equipment [Member] | Unallocated and General and administrative expenses [Domain] | Franchise and property expenses [Member]
Facility Actions [Line Items]
Costs associated with KFC U.S. Acceleration Agreement																											115
Equipment [Member] | 2015 to 2019 [Member] | Franchise and property expenses [Member]
Facility Actions [Line Items]
Costs associated with KFC U.S. Acceleration Agreement																				130
Incremental Advertising [Member] | KFC Global Division [Member]
Facility Actions [Line Items]
Costs associated with KFC U.S. Acceleration Agreement																				10		20		20		$ 10
Incremental Advertising [Member] | 2015 to 2018 [Member] | KFC Global Division [Member]
Facility Actions [Line Items]
Costs associated with KFC U.S. Acceleration Agreement																				60
U.S. Pension Plans [Member]
Facility Actions [Line Items]
Deferred vested pension payout	[4]																			0		73
Business Combination
Pension settlement charges	[5]																			0		19		32
U.S. Pension Plans [Member] | Other pension (income) expense [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Pension data adjustment																				0		22	[6]	0
U.S. Pension Plans [Member] | Deferred Vested Project [Member]
Facility Actions [Line Items]
Deferred vested pension payout																								205
Business Combination
Pension settlement charges	[5]																							24
Executive Income Deferral Plan [Member] | Mark-to-Market of YUM China Funds [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
General and administrative expenses																				3		18		30
Continuing Operations [Member]
Facility Actions [Line Items]
Cash and cash equivalents		(292)								(1,522)								(1,522)		(292)		(1,522)		(725)			(1,522)
Net Cash Provided by (Used in) Operating Activities																				1,176		1,030		1,248
Revenues		1,558		1,391		1,368		1,371		1,577		1,436		1,448		1,417				5,688		5,878		6,356
Proceeds from refranchising of restaurants																				825		1,773		370
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount																				35		434
Refranchising (gain) loss																				(540)		(1,083)		(163)
Facility Actions [Abstract]
Closure and impairment (income) expenses																				6		3		15
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
General and administrative expenses																				895		999		1,129
Operating Profit		741	[7]	553	[7]	449	[7]	553	[7]	$ 1,215	[8]	$ 643	[8]	$ 419	[8]	$ 484	[8]			2,296	[7]	2,761	[8]	1,682
Income from continuing operations		$ 334		$ 454		$ 321		$ 433												$ 1,542		$ 1,340		$ 1,018
Diluted EPS (in dollars per share) | $ / shares		$ 1.04		$ 1.40		$ 0.97		$ 1.27		$ 1.26		$ 1.18		$ 0.58		$ 0.77				$ 4.69		$ 3.77		$ 2.54
Net Cash Provided by (Used in) Investing Activities																				$ 313		$ 1,472		$ (4)
Net Cash Used in Financing Activities																				(2,620)		(1,795)		(744)
Accounts and notes receivable, net		$ (561)								$ (400)								(400)		(561)		(400)					(400)
Prepaid expenses and other current assets		354								384								384		354		384					384
Advertising cooperative assets, restricted		0								201								201		0		201					201
Property, Plant and equipment, net		(1,237)								(1,594)								(1,594)		(1,237)		(1,594)					(1,594)
Goodwill	[9]	525								512								512		525		512		536			512
Intangible assets, net		(242)								(214)								(214)		(242)		(214)					(214)
Other assets		(724)								(345)								(345)		(724)		(345)					(345)
Deferred income taxes		(195)								(139)								(139)		(195)		(139)					(139)
Total Assets		(4,130)								(5,311)								(5,311)		(4,130)		(5,311)					(5,311)
Accounts payable and other current liabilities		(911)								(813)								(813)		(911)		(813)					(813)
Income taxes payable		69								123								123		69		123					123
Short-term borrowings		321								375								375		321		375					375
Advertising cooperative liabilities		0								201								201		0		201					201
Long-term debt		9,751								9,429								9,429		9,751		9,429					9,429
Retained Earnings (Accumulated Deficit)		(7,592)								(6,063)								(6,063)		(7,592)		(6,063)					(6,063)
Accumulated other comprehensive income (loss)		$ (334)								$ (271)								(271)		(334)		(271)					(271)
Cost of Goods and Services Sold																				1,634		2,954		3,489
Other Pension (income) expense																				14		47		32
Interest Income (Expense), Net																				452		445		307
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest																				1,839		2,274		1,345
Income tax provision																				$ 297		$ 934		$ 327
Basic Earnings Per Common Share (in dollars per share) | $ / shares		$ 1.07		$ 1.43		$ 0.99		$ 1.30		$ 1.29		$ 1.21		$ 0.59		$ 0.78				$ 4.80		$ 3.86		$ 2.58
Continuing Operations [Member] | Pizza Hut
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Goodwill	[9]	$ 196								$ 162								162		$ 196		$ 162		$ 157			162
Continuing Operations [Member] | Corporate and Other [Member]
Facility Actions [Line Items]
Revenues	[1],[10]																			0		(5)		(2)
Continuing Operations [Member] | KFC Global Division [Member]
Facility Actions [Line Items]
Revenues	[3]																			2,644		3,110		3,225
Continuing Operations [Member] | Pizza Hut Global Division [Member]
Facility Actions [Line Items]
Revenues	[3]																			988		893		1,108
Continuing Operations [Member] | Taco Bell Global Division [Member]
Facility Actions [Line Items]
Revenues	[3]																			2,056		1,880		2,025
Continuing Operations [Member] | Franchise Incentive [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Other assets	[11]	$ (141)								0								0		(141)		0					0
Discontinued Operations [Member]
Facility Actions [Line Items]
Net Cash Provided by (Used in) Operating Activities																				0		0		829
Refranchising (gain) loss	[12]																							(12)
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
General and administrative expenses	[12],[13]																							406
Income from discontinued operations																				0		0		$ 625	[12]
Diluted EPS (in dollars per share) | $ / shares																								$ 1.56
Net Cash Provided by (Used in) Investing Activities																				0		0		$ (287)
Net Cash Used in Financing Activities																				0		0		(292)
Cost of Goods and Services Sold	[12]																							4,766
Franchisor Costs	[12]																							45
Interest Income (Expense), Net	[12]																							(8)
Income tax provision	[12],[14]																							$ (65)
Basic Earnings Per Common Share (in dollars per share) | $ / shares																								$ 1.59
Discontinued Operations [Member] | Little Sheep [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Income tax provision																								$ (233)
Property, Plant and Equipment [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Costs associated with PH U.S. Acceleration Agreement																						8
Disposal Group, Held-for-sale, Not Discontinued Operations [Member] | Corporate and Other [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Depreciation																				(3)		(10)
Capital Investments [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Costs associated with PH U.S. Acceleration Agreement																				25
Incremental Advertising [Member] | Pizza Hut Global Division [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Costs associated with PH U.S. Acceleration Agreement																				12.5
Incremental Advertising [Member] | Pizza Hut Global Division [Member] | Franchise and property expenses [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Costs associated with PH U.S. Acceleration Agreement																				12.5		25
Incremental Advertising [Member] | Second half of 2017 to 2018 [Member] | Pizza Hut Global Division [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Costs associated with PH U.S. Acceleration Agreement																		25		37.5
Accounting Standards Update 2014-09 [Member]
Facility Actions [Line Items]
Costs associated with KFC U.S. and PH U.S. Acceleration Agreement																				$ 23
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Deferred income taxes																												$ (26)
Accumulated other comprehensive income (loss)																												21
Accounting Standards Update 2014-09 [Member] | Franchise Incentive [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Prepaid expenses and other current assets																												18
Other assets																												(118)
Retained Earnings (Accumulated Deficit)																												136
Accounting Standards Update 2014-09 [Member] | Other Assets [Member] | Franchise Incentive Amortization [Member] [Member] | KFC Global Division [Member]
Facility Actions [Line Items]
Costs associated with KFC U.S. Acceleration Agreement																											100
Accounting Standards Update 2014-09 [Member] | Other Assets [Member] | Franchise Incentive [Member] | KFC Global Division [Member]
Facility Actions [Line Items]
Costs associated with KFC U.S. Acceleration Agreement																											19
Balances with Adoption of Topic 606 [Member]
Facility Actions [Line Items]
Cash and cash equivalents																												(1,533)
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Accounts and notes receivable, net																												(512)
Prepaid expenses and other current assets																												460
Advertising cooperative assets, restricted																												0
Assets, Current																												(2,505)
Property, Plant and equipment, net																												(1,596)
Goodwill																												512
Intangible assets, net																												(223)
Other assets																												(463)
Deferred income taxes																												(165)
Total Assets																												(5,464)
Accounts payable and other current liabilities																												(1,033)
Income taxes payable																												123
Short-term borrowings																												375
Advertising cooperative liabilities																												0
Liabilities, Current																												(1,531)
Long-term debt																												9,429
Other Liabilities, Noncurrent																												1,057
Total Liabilities																												(12,017)
Retained Earnings (Accumulated Deficit)																												(6,303)
Accumulated other comprehensive income (loss)																												(250)
Stockholders' Equity Attributable to Parent																												(6,553)
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity																												(5,464)
Previously Reported [Member]
Facility Actions [Line Items]
Revenues																								6,366
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Operating Profit																								1,625
Income from continuing operations																								994
Income from discontinued operations																								625
Net Income (Loss) Attributable to Parent																								$ 1,619
Diluted EPS (in dollars per share) | $ / shares																								$ 4.04
Previously Reported [Member] | Equipment [Member] | Unallocated and General and administrative expenses [Domain] | Franchise and property expenses [Member]
Facility Actions [Line Items]
Costs associated with KFC U.S. Acceleration Agreement																						17		$ 26
Previously Reported [Member] | Continuing Operations [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Diluted EPS (in dollars per share) | $ / shares																								$ 2.48
Previously Reported [Member] | Discontinued Operations [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Diluted EPS (in dollars per share) | $ / shares																								$ 1.56
Restatement Adjustment [Member]
Facility Actions [Line Items]
Net Cash Provided by (Used in) Operating Activities																								$ 39
Revenues																								(10)
Refranchising (gain) loss																								(24)
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Operating Profit	[15]																							25
Income from continuing operations																								24
Income from discontinued operations																								0
Net Income (Loss) Attributable to Parent																								$ 24
Diluted EPS (in dollars per share) | $ / shares																								$ 0.06
Net Cash Provided by (Used in) Investing Activities																								$ 20
Net Cash Used in Financing Activities																								$ 16
Restatement Adjustment [Member] | Continuing Operations [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Diluted EPS (in dollars per share) | $ / shares																								$ 0.06
Restatement Adjustment [Member] | Discontinued Operations [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Diluted EPS (in dollars per share) | $ / shares																								$ 0
Excluding the impact of retrospectively adopting new accounting guidance [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Operating Profit	[16]																							$ 1,650
GrubHub Inc. [Member]
Facility Actions [Line Items]
Equity Securities, FV-NI, Cost						$ 200
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Investment Owned, Balance, Shares | shares						2.8
Investment closing date [Member] | GrubHub Inc. [Domain]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Time period shares are restricted from being transferred | Years		2,000,000																		2,000,000
Termination of Master Services Agreement [Member] | GrubHub Inc. [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Time period shares are restricted from being transferred | days		30																		30
Previously Reported [Member]
Facility Actions [Line Items]
Cash and cash equivalents										(1,522)								(1,522)				(1,522)					(1,522)
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Accounts and notes receivable, net										(400)								(400)				(400)					(400)
Prepaid expenses and other current assets										384								384				384					384
Advertising cooperative assets, restricted										201								201				201					201
Assets, Current										(2,507)								(2,507)				(2,507)					(2,507)
Property, Plant and equipment, net										(1,594)								(1,594)				(1,594)					(1,594)
Goodwill										512								512				512					512
Intangible assets, net										(214)								(214)				(214)					(214)
Other assets										(345)								(345)				(345)					(345)
Deferred income taxes										(139)								(139)				(139)					(139)
Total Assets										(5,311)								(5,311)				(5,311)					(5,311)
Accounts payable and other current liabilities										(813)								(813)				(813)					(813)
Income taxes payable										123								123				123					123
Short-term borrowings										375								375				375					375
Advertising cooperative liabilities										201								201				201					201
Liabilities, Current										(1,512)								(1,512)				(1,512)					(1,512)
Long-term debt										9,429								9,429				9,429					9,429
Other Liabilities, Noncurrent										704								704				704					704
Total Liabilities										(11,645)								(11,645)				(11,645)					(11,645)
Retained Earnings (Accumulated Deficit)										(6,063)								(6,063)				(6,063)					(6,063)
Accumulated other comprehensive income (loss)										(271)								(271)				(271)					(271)
Stockholders' Equity Attributable to Parent										(6,334)								(6,334)				(6,334)					(6,334)
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity										(5,311)								$ (5,311)				(5,311)					$ (5,311)
Previously Reported [Member] | Franchise Incentive [Member] | Unallocated and General and administrative expenses [Domain] | Franchise and property expenses [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Costs associated with PH U.S. Acceleration Agreement																						5
Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Facility Actions [Line Items]
Cash and cash equivalents		$ (13)																		$ (13)								(11)
Revenues																				(1,163)
Refranchising (gain) loss																				4
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
General and administrative expenses																				0
Operating Profit																				14
Net Income (Loss) Attributable to Parent																				$ 11
Diluted EPS (in dollars per share) | $ / shares																				$ 0.03
Accounts and notes receivable, net		(120)																		$ (120)								(112)
Prepaid expenses and other current assets		(107)																		(107)								76	[17]
Advertising cooperative assets, restricted		241																		241								(201)
Assets, Current		(1)																		(1)								(2)
Property, Plant and equipment, net		(2)																		(2)								(2)
Goodwill		0																		0								0
Intangible assets, net		(16)																		(16)								(9)
Other assets		(127)																		(127)								(118)
Deferred income taxes		(25)																		(25)								(26)
Total Assets		(169)																		(169)								(153)
Accounts payable and other current liabilities		(287)																		(287)								(220)
Income taxes payable		0																		0								0
Short-term borrowings		0																		0								0
Advertising cooperative liabilities		241																		241								(201)
Liabilities, Current		(46)																		(46)								(19)
Long-term debt		0																		0								0
Other Liabilities, Noncurrent		(354)																		(354)								353
Total Liabilities		(400)																		(400)								(372)
Retained Earnings (Accumulated Deficit)		251																		251								(240)
Accumulated other comprehensive income (loss)		(20)																		(20)								21
Stockholders' Equity Attributable to Parent		231																		231								(219)
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity		(169)																		(169)								(153)
Cost of Goods and Services Sold																				0
Franchisor Costs																				27
Cooperative Advertising Expense																				(1,208)
Other Operating Income (Expense), Net																				0
Costs and Expenses																				(1,177)
Investment Income, Net																				0
Other Pension (income) expense																				0
Interest Income (Expense), Net																				0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	[18]																			14
Income tax provision																				$ 3
Basic Earnings Per Common Share (in dollars per share) | $ / shares																				$ 0.03
Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Facility Actions [Line Items]
Cash and cash equivalents		(279)																		$ (279)
Revenues																				4,525
Refranchising (gain) loss																				(536)
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
General and administrative expenses																				895
Operating Profit																				2,310
Net Income (Loss) Attributable to Parent																				$ 1,553
Diluted EPS (in dollars per share) | $ / shares																				$ 4.72
Accounts and notes receivable, net		(441)																		$ (441)
Prepaid expenses and other current assets		247																		247
Advertising cooperative assets, restricted		241																		241
Assets, Current		(1,208)																		(1,208)
Property, Plant and equipment, net		(1,235)																		(1,235)
Goodwill		525																		525
Intangible assets, net		(226)																		(226)
Other assets		(597)																		(597)
Deferred income taxes		(170)																		(170)
Total Assets		(3,961)																		(3,961)
Accounts payable and other current liabilities		(624)																		(624)
Income taxes payable		69																		69
Short-term borrowings		321																		321
Advertising cooperative liabilities		241																		241
Liabilities, Current		(1,255)																		(1,255)
Long-term debt		9,751																		9,751
Other Liabilities, Noncurrent		650																		650
Total Liabilities		(11,656)																		(11,656)
Retained Earnings (Accumulated Deficit)		(7,341)																		(7,341)
Accumulated other comprehensive income (loss)		(354)																		(354)
Stockholders' Equity Attributable to Parent		(7,695)																		(7,695)
Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity		(3,961)																		(3,961)
Cost of Goods and Services Sold																				1,634
Franchisor Costs																				215
Cooperative Advertising Expense																				0
Other Operating Income (Expense), Net																				7
Costs and Expenses																				2,215
Investment Income, Net																				(9)
Other Pension (income) expense																				14
Interest Income (Expense), Net																				452
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest																				1,853
Income tax provision																				$ 300
Basic Earnings Per Common Share (in dollars per share) | $ / shares																				$ 4.83
Advertising Cooperatives [Domain]
Facility Actions [Line Items]
Cash and cash equivalents																												(11)
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Restricted Cash																												58
Up-front Payment Arrangement [Member] | Accounting Standards Update 2014-09 [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Accounts payable and other current liabilities																												(57)
Other Liabilities, Noncurrent																												335
Retained Earnings (Accumulated Deficit)																												$ (392)
Advertising [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax		(372)		$ (287)		$ (272)		$ (275)												$ (1,206)		0		0
Advertising [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax																				(1,206)
Advertising [Member] | Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax																				0
Product [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax		(477)		(499)		(512)		(512)		(890)		$ (871)		$ (909)		$ (902)				(2,000)		(3,572)		(4,189)
Product [Member] | Discontinued Operations [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	[12]																							(5,667)
Product [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax																				0
Product [Member] | Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax																				(2,000)
Franchise and property revenue [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax		(709)		$ (605)		$ (584)		$ (584)		$ (687)		$ (565)		$ (539)		$ (515)				(2,482)		$ (2,306)		(2,167)
Franchise and property revenue [Member] | Discontinued Operations [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	[12]																							$ (109)
Franchise and property revenue [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax																				(43)
Franchise and property revenue [Member] | Calculated under Revenue Guidance in Effect before Topic 606 [Member]
Facility Actions [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax																				(2,525)
Goodwill [Member] | Pizza Hut
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Goodwill		39																		39
Goodwill [Member] | Continuing Operations [Member]
Activity related to reserves for remaining lease obligations for closed stores [Roll Forward]
Goodwill		$ 39																		$ 39
[1]	Amounts have not been allocated to any segment for performance reporting purposes.
[2]	Amounts in 2017 include a non-cash charge of $22 million related to the adjustment of certain historical deferred vested liability balances in our qualified U.S. plan. See Note 5.
[3]	U.S. revenues included in the combined KFC, Pizza Hut and Taco Bell Divisions totaled $2.9 billion in 2018, $2.8 billion in 2017 and $3.1 billion
[4]	Prior service costs are amortized on a straight-line basis over the average remaining service period of employees expected to receive benefits.
[5]	Settlement losses result when benefit payments exceed the sum of the service cost and interest cost within a plan during the year. These losses were recorded in Other pension (income) expense.
[6]	Reflects a non-cash, out-of-year charge related to the adjustment of certain historical deferred vested liability balances in the Plan during the first quarter of 2017 recorded in Other pension (income) expense. See Note 5.
[7]	Includes net gains from refranchising initiatives of $156 million , $29 million , $100 million and $255 million
[8]	Includes net gains from refranchising initiatives of $111 million , $19 million , $201 million and $752 million
[9]	Goodwill, net includes $17 million
[10]	Represents costs associated with the KFC U.S. Acceleration Agreement and Pizza Hut U.S. Transformation Agreement. See Note 5.
[11]	Increase from 2017 primarily due to the adoption of Topic 606 beginning with the year ended December 31, 2018. See Note 2.
[12]	Includes Yum China financial results from January 1, 2016 to October 31, 2016.
[13]	Includes costs incurred to execute the Separation of $68 million
[14]	During 2016, we recorded a tax benefit of $233 million
[15]	Primarily represents gains of $24 million related to the refranchising of certain international restaurants which occurred in December 2016.
[16]	Amount does not reconcile to our Consolidated Statements of Income for the year ended December 31, 2016 due to the impact of retrospectively adopting a new accounting standard on Benefit Costs of $32 million
[17]	(a) Includes $58 million
[18]	Includes $23 million

Supplemental Cash Flow Data (De

Supplemental Cash Flow Data (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016		Jan. 01, 2018	Dec. 31, 2015
Significant Non-Cash Investing and Financing Activities:
Cash and Cash Equivalents, at Carrying Value		$ 292
Continuing Operations [Member]
Cash Paid For:
Interest		455		$ 442		$ 297
Income taxes		279		346		314	[1]
Significant Non-Cash Investing and Financing Activities:
Capital lease obligations incurred		4		8		10
Capital lease and other debt obligations transferred through refranchising		(24)		(35)		(1)
Cash and Cash Equivalents, at Carrying Value		292		1,522		725
Cash, Cash Equivalents and Restricted Cash as presented in the Consolidated Statement of Cash Flows		474	[2]	1,599	[2]	831	[2]	$ 1,668	$ 365
Prepaid Expenses and Other Current Assets [Member] | Continuing Operations [Member]
Significant Non-Cash Investing and Financing Activities:
Restricted Cash and Cash Equivalents, Current	[1]	151	[3]	60	[3]	55
Other Assets [Member] | Continuing Operations [Member]
Significant Non-Cash Investing and Financing Activities:
Restricted Cash and Cash Equivalents, Noncurrent	[4]	$ 31		$ 17		$ 51
Advertising Cooperatives [Domain]
Restricted Cash								58
Significant Non-Cash Investing and Financing Activities:
Cash and Cash Equivalents, at Carrying Value								$ 11
[1]	Restricted cash within Prepaid expenses and other current assets reflects the cash related to advertising cooperatives that we consolidate that can only be used to settle obligations of the respective cooperatives and Taco Bell Securitization interest reserves. See Note 10.
[2]	Upon adoption of Topic 606 we reclassified cash of $11 million and restricted cash of $58 million
[3]	Increase from 2017 primarily due to the adoption of Topic 606 beginning with the year ended December 31, 2018. See Note 2.
[4]	Primarily trust accounts related to our self-insurance program. 2016 also includes cash balances required, to the extent necessary, to meet statutory minimum net worth requirements for legal entities which enter into U.S. franchise agreements.

Other (Income) Expense (Details

Other (Income) Expense (Details) - Continuing Operations [Member] - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other Income and Expenses [Line Items]
Foreign currency transaction (gain) loss and other (income) expense, before tax		$ 1	$ 5	$ (6)
Loss associated with corporate aircraft	[1]	0	2	9
Closures and impairment (income) expenses		6	3	15
Other (income) expense		$ 7	$ 10	$ 18
[1]	During 2016, we made the decision to no longer operate a corporate aircraft fleet and offered our owned aircraft for sale, one of which was sold during 2016 and one that was sold in 2017. The losses associated with these sales reflect the shortfall of the proceeds, including estimated proceeds in held-for-sale impairment evaluations, less any selling costs, over the carrying value of the aircraft.

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets		$ 354
Property, Plant and equipment, net		1,237
Accounts Payable and Other Current Liabilities
Accounts payable and other current liabilities		911
Continuing Operations [Member]
Prepaid Expenses and Other Current Assets
Income tax receivable		36		$ 175
Assets held for sale		24	[1]	37	[2]
Other prepaid expenses and current assets		143		112
Prepaid expenses and other current assets		354		384
Property, Plant and equipment, gross		2,353		2,936
Accumulated depreciation and amortization		(1,116)		(1,342)
Property, Plant and equipment, net		1,237		1,594
Depreciation and amortization		146		215		$ 276
Accounts Payable and Other Current Liabilities
Accounts payable		202		119
Accrued compensation and benefits		206		252
Accrued Advertising, Current		108		9
Accrued taxes, other than income taxes		48		90
Other current liabilities		347		343
Accounts payable and other current liabilities		911		813
Continuing Operations [Member] | Land
Prepaid Expenses and Other Current Assets
Property, Plant and equipment, gross		422		452
Continuing Operations [Member] | Buildings and improvements
Prepaid Expenses and Other Current Assets
Property, Plant and equipment, gross		1,349		1,661
Continuing Operations [Member] | Capital leases, primarily buildings
Prepaid Expenses and Other Current Assets
Property, Plant and equipment, gross		59		123
Continuing Operations [Member] | Machinery and equipment
Prepaid Expenses and Other Current Assets
Property, Plant and equipment, gross		523		700
Prepaid Expenses and Other Current Assets [Member] | Continuing Operations [Member]
Prepaid Expenses and Other Current Assets
Restricted Cash and Cash Equivalents, Current	[3]	$ 151	[2]	$ 60	[2]	$ 55
[1]	Reflects the carrying value of restaurants we have offered for sale to franchisees and excess properties that we do not intend to use for restaurant operations in the future.
[2]	Increase from 2017 primarily due to the adoption of Topic 606 beginning with the year ended December 31, 2018. See Note 2.
[3]	Restricted cash within Prepaid expenses and other current assets reflects the cash related to advertising cooperatives that we consolidate that can only be used to settle obligations of the respective cooperatives and Taco Bell Securitization interest reserves. See Note 10.

Note 8. Supplemental Balance Sh

Note 8. Supplemental Balance Sheet Information Other Assets, Noncurrent (Details) - USD ($) $ in Millions		Dec. 31, 2018	Jan. 01, 2018	Dec. 31, 2017
Other Assets, Noncurrent [Line Items]
Other assets		$ 724
Continuing Operations [Member]
Other Assets, Noncurrent [Line Items]
Other assets		724		$ 345
Other Assets, Miscellaneous, Noncurrent		369		345
GrubHub Inc. [Domain] | Fair Value, Inputs, Level 1 [Member] | Other Assets [Member] | Fair Value, Measurements, Recurring [Member] | Continuing Operations [Member]
Other Assets, Noncurrent [Line Items]
Equity Securities, FV-NI	[1]	214
GrubHub Inc. [Member] | Fair Value, Inputs, Level 1 [Member] | Other Assets [Member] | Fair Value, Measurements, Recurring [Member] | Continuing Operations [Member]
Other Assets, Noncurrent [Line Items]
Equity Securities, FV-NI	[1]			0
Franchise Incentive [Member] | Continuing Operations [Member]
Other Assets, Noncurrent [Line Items]
Other assets	[2]	$ 141		$ 0
Franchise Incentive [Member] | Accounting Standards Update 2014-09 [Member]
Other Assets, Noncurrent [Line Items]
Other assets			$ 118
[1]	Refer to Note 5 for additional discussion regarding our investment in Grubhub.
[2]	Increase from 2017 primarily due to the adoption of Topic 606 beginning with the year ended December 31, 2018. See Note 2.

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, net		$ 525
Continuing Operations [Member]
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, net	[1]	525	$ 512	$ 536
Disposals and other, net	[2]	(26)	(24)
Continuing Operations [Member] | KFC
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, net	[1]	230	247	268
Disposals and other, net	[2]	(17)	(21)
Continuing Operations [Member] | Pizza Hut
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, net	[1]	196	162	157
Disposals and other, net	[2]	(5)	5
Accumulated impairment losses (ending balance)	[1]	(17)
Continuing Operations [Member] | Taco Bell
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, net	[1]	99	103	$ 111
Disposals and other, net	[2]	(4)	$ (8)
Goodwill [Member] | KFC
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, net		0
Goodwill [Member] | Pizza Hut
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, net		39
Goodwill [Member] | Taco Bell
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, net		0
Goodwill [Member] | Continuing Operations [Member]
Changes in the carrying amount of goodwill [Roll Forward]
Goodwill, net		$ 39
[1]	Goodwill, net includes $17 million
[2]	Disposals and other, net includes the impact of foreign currency translation on existing balances and goodwill write-offs associated with refranchising.

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Details 2) - Continuing Operations [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Definite-lived intangible assets
Gross Carrying Amount	$ 504	$ 472
Accumulated Amortization	(293)	(289)
Definite-lived intangible assets, amortization expense	37	33	$ 31
Approximate amortization expense for definite-lived intangible assets - 2016	47
Approximate amortization expense for definite-lived intangible assets - 2017	44
Approximate amortization expense for definite-lived intangible assets - 2018	34
Approximate amortization expense for definite-lived intangible assets - 2019	19
Approximate amortization expense for definite-lived intangible assets - 2020	16
Capitalized software costs
Definite-lived intangible assets
Gross Carrying Amount	319	243
Accumulated Amortization	(156)	(139)
Franchise contract rights [Member]
Definite-lived intangible assets
Gross Carrying Amount	99	100
Accumulated Amortization	(79)	(77)
Lease tenancy rights [Member]
Definite-lived intangible assets
Gross Carrying Amount	11	32
Accumulated Amortization	(1)	(6)
Reacquired franchise rights [Member]
Definite-lived intangible assets
Gross Carrying Amount	37	60
Accumulated Amortization	(30)	(42)
Other [Member]
Definite-lived intangible assets
Gross Carrying Amount	38	37
Accumulated Amortization	(27)	(25)
KFC | Trademarks/brands [Member]
Indefinite-lived intangible assets
Gross Carrying Amount	$ 31	$ 31

Short-term Borrowings and Lon_3

Short-term Borrowings and Long-term Debt (Details)

3 Months Ended

12 Months Ended

Dec. 31, 2018USD ($)Rate

Sep. 30, 2018

Jun. 30, 2017USD ($)

Jun. 30, 2016USD ($)

Dec. 31, 2018USD ($)MonthsYearsRate

Dec. 31, 2017USD ($)

Dec. 31, 2016USD ($)

Apr. 03, 2018USD ($)

Jun. 07, 2017USD ($)

Mar. 21, 2017USD ($)

Debt Instrument [Line Items]

Debt Issuance Costs, Current, Net

$ (10,000,000)

$ (10,000,000)

$ (11,000,000)

Short-term Borrowings

Total Short-term Borrowings

321,000,000

321,000,000

375,000,000

Long-term Debt

Long-term debt including hedge accounting adjustment

9,751,000,000

9,751,000,000

9,429,000,000

Capital Lease Obligations Excluded from Annual Maturities

71,000,000

71,000,000

Line of Credit Facility [Abstract]

Capital Lease Obligations, Noncurrent

71,000,000

71,000,000

105,000,000

Long-term debt and capital less obligations, including current maturities and debt issuance costs

10,167,000,000

10,167,000,000

9,901,000,000

Debt Issuance Costs, Noncurrent, Net

(85,000,000)

$ (85,000,000)

(86,000,000)

Senior Unsecured Notes [Abstract]

Maturity date

Nov. 1, 2043

Long-term Debt, Current Maturities

331,000,000

$ 331,000,000

386,000,000

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

2,016

324,000,000

324,000,000

2,017

430,000,000

430,000,000

2,018

455,000,000

455,000,000

2,019

424,000,000

424,000,000

2,020

1,626,000,000

1,626,000,000

Thereafter

6,837,000,000

6,837,000,000

Total

10,096,000,000

10,096,000,000

Interest expense on short-term borrowings and long-term debt

496,000,000

473,000,000

$ 331,000,000

Interest Income (Expense), Net

[1]

$ (452,000,000)

(445,000,000)

(307,000,000)

Senior Unsecured Notes Due November 2037 [Member]

Senior Unsecured Notes [Abstract]

Issuance date

[2]

Oct. 19, 2007

Maturity date

Nov. 15, 2037

Principal amount

$ 325,000,000

$ 325,000,000

Interest rate, stated (in hundredths)

6.88%

6.88%

Interest rate, effective (in hundredths)

[3]

7.45%

7.45%

Senior Unsecured Notes Due September 2019 [Member]

Senior Unsecured Notes [Abstract]

Issuance date

[2]

Aug. 25, 2009

Maturity date

Sep. 15, 2019

Principal amount

$ 250,000,000

$ 250,000,000

Interest rate, stated (in hundredths)

5.30%

5.30%

Interest rate, effective (in hundredths)

[3]

5.59%

5.59%

Senior Unsecured Notes Due November 2020 [Member]

Senior Unsecured Notes [Abstract]

Issuance date

[2]

Aug. 31, 2010

Maturity date

Nov. 1, 2020

Principal amount

$ 350,000,000

$ 350,000,000

Interest rate, stated (in hundredths)

3.88%

3.88%

Interest rate, effective (in hundredths)

[3]

4.01%

4.01%

Senior Unsecured Notes Due November 2021 [Member]

Senior Unsecured Notes [Abstract]

Issuance date

[2]

Aug. 29, 2011

Maturity date

Nov. 1, 2021

Principal amount

$ 350,000,000

$ 350,000,000

Interest rate, stated (in hundredths)

3.75%

3.75%

Interest rate, effective (in hundredths)

[3]

3.88%

3.88%

Senior Unsecured Notes Due November 2023 [Member]

Senior Unsecured Notes [Abstract]

Issuance date

[2]

Oct. 31, 2013

Maturity date

Nov. 1, 2023

Principal amount

$ 325,000,000

$ 325,000,000

Interest rate, stated (in hundredths)

3.88%

3.88%

Interest rate, effective (in hundredths)

[3]

4.01%

4.01%

Senior Unsecured Notes Due November 2043 [Member]

Senior Unsecured Notes [Abstract]

Issuance date

[2]

Oct. 31, 2013

Principal amount

$ 275,000,000

$ 275,000,000

Interest rate, stated (in hundredths)

5.35%

5.35%

Interest rate, effective (in hundredths)

[3]

5.42%

5.42%

Variable Funding Notes [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Interest expense on short-term borrowings and long-term debt

2,000,000

Secured Debt [Member] | The Credit Agreement and Subsidiary Senior Unsecured Notes [Member] [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Payments of Debt Issuance Costs

56,000,000

Secured Debt [Member] | Term Loan A and B Facilities and Revolving Facility [Domain]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Payments of Debt Issuance Costs

32,000,000

Secured Debt [Member] | Term Loan A Facility [Member]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

$ 500,000,000

Long-term Debt

$ 488,000,000

$ 488,000,000

500,000,000

$ 500,000,000

Senior Unsecured Notes [Abstract]

Maturity date

Jun. 7, 2022

Interest rate, effective (in hundredths) | Rate

3.43%

3.43%

Frequency of interest payments

quarterly

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Payment Terms

amortization payments beginning one full fiscal quarter after the first anniversary of the closing date

Term Loan A Facility, Repayments of Principal in Year Two and Three | Rate

1.25%

Term Loan A Facility, Repayments of Principal in Year Four | Rate

1.875%

Term Loan A, Repayments of Principal in Year Five | Rate

3.75%

Principal assigned to new lenders or existing lenders

$ 146,000,000

Secured Debt [Member] | Revolving Credit Facility [Member]

Line of Credit Facility [Abstract]

Line of credit facility, maximum borrowing capacity

$ 1,000,000,000

1,000,000,000

Secured Debt [Member] | Term Loan B Facility [Member]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

2,000,000,000

Long-term Debt

$ 1,955,000,000

$ 1,955,000,000

1,975,000,000

$ 1,970,000,000

$ 1,990,000,000

Amount of basis points Term Loan B interest rate reduced by due to repricing

75

Senior Unsecured Notes [Abstract]

Maturity date

Apr. 3, 2025

Interest rate, effective (in hundredths) | Rate

3.74%

3.74%

Frequency of interest payments

quarterly

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Term Loan B, Repayment of Principal | Rate

0.25%

Principal assigned to new lenders or existing lenders

$ 192,000,000

Interest Income (Expense), Net

$ 5,000,000

8,000,000

Secured Debt [Member] | Term Loan A Facility and Revolving Facility [Member]

Line of Credit Facility [Abstract]

Amount of basis points Term Loan A and Revolving Facility interest rate reduced by due to repricing

75

Secured Debt [Member] | Class A-2 Notes [Member]

Senior Unsecured Notes [Abstract]

Issuance date

May 11, 2016

Maturity date

May 1, 2046

Frequency of interest payments

quarterly

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Payment Terms

no amortization of principal of the Securitization Notes is required prior to their anticipated repayment dates

Long-term Debt, Contingent Payment of Principal or Interest

as of any quarterly measurement date the consolidated leverage ratio (the ratio of total debt to Net Cash Flow (as defined in the Indenture)) for the preceding four fiscal quarters of either the Company and its subsidiaries or the Issuer and its subsidiaries exceeds 5.0:1, in which case amortization payments of 1% per year of the outstanding principal as of the closing of the Securitization Notes is required. As of the most recent quarterly measurement date the consolidated leverage ratio exceeded 5.0:1 and, as a result, amortization payments are required.

Secured Debt [Member] | Revolving Facility [Member]

Debt Instrument [Line Items]

Repayments of Debt

$ 273,000,000

Line of Credit Facility [Abstract]

Line of credit facility, maximum borrowing capacity

$ 1,000,000,000

1,000,000,000

Outstanding borrowings

0

$ 0

Secured Debt [Member] | the Credit Agreement [Member]

Senior Unsecured Notes [Abstract]

Issuance date

Jun. 16, 2016

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Payment Terms

The Credit Agreement is subject to certain mandatory prepayments, including an amount equal to 50% of excess cash flow (as defined in the Credit Agreement) on an annual basis and the proceeds of certain asset sales, casualty events and issuances of indebtedness, subject to customary exceptions and reinvestment rights.

Debt Instrument, Covenant Compliance

We were in compliance with all debt covenants as of December 31, 2018

Secured Debt [Member] | Securitization Notes [Member]

Short-term Borrowings

Senior Notes, Noncurrent

2,928,000,000

$ 2,928,000,000

2,271,000,000

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Debt Default, Description of Violation or Event of Default

The Securitization Notes are also subject to certain customary events of default, including events relating to non-payment of required interest or principal due on the Securitization Notes, failure to comply with covenants within certain time frames, certain bankruptcy events, breaches of specified representations and warranties, failure of security interests to be effective, certain judgments and failure of the Securitization Entities to maintain a stated debt service coverage ratio

Debt Instrument, Covenant Compliance

As of December 31, 2018, we were in compliance with all of our debt covenant requirements and were not subject to any rapid amortization events

Payments of Debt Issuance Costs

$ 13,000,000

31,000,000

Senior Unsecured Notes [Member]

Senior Unsecured Notes [Abstract]

Number of months until first required interest payment after debt issuance | Months

6

Frequency of interest payments

semi-annually

Senior Unsecured Notes [Member] | Subsidiary Senior Unsecured Notes [Member]

Short-term Borrowings

Senior Notes, Noncurrent

$ 2,850,000,000

$ 2,850,000,000

2,850,000,000

Senior Unsecured Notes [Abstract]

Issuance date

Jun. 16, 2016

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Covenant Compliance

We were in compliance with all debt covenants as of December 31, 2018

Senior Unsecured Notes [Member] | Subsidiary Senior Unsecured Notes due 2024 [Member]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

$ 1,050,000,000

Senior Unsecured Notes [Abstract]

Maturity date

Jun. 1, 2024

Interest rate, stated (in hundredths) | Rate

5.00%

5.00%

Interest rate, effective (in hundredths) | Rate

5.16%

5.16%

Senior Unsecured Notes [Member] | Subsidiary Senior Unsecured Notes due 2026 [Member]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

$ 1,050,000,000

Senior Unsecured Notes [Abstract]

Maturity date

Jun. 1, 2026

Interest rate, stated (in hundredths) | Rate

5.25%

5.25%

Interest rate, effective (in hundredths) | Rate

5.39%

5.39%

Senior Unsecured Notes [Member] | Subsidiary Senior Unsecured Notes due 2027 [Member]

Senior Unsecured Notes [Abstract]

Maturity date

Jun. 1, 2027

Senior Unsecured Notes [Member] | Subsidiary Senior Unsecured Notes due 2027 [Domain]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

$ 750,000,000

Senior Unsecured Notes [Abstract]

Interest rate, stated (in hundredths) | Rate

4.75%

4.75%

Interest rate, effective (in hundredths) | Rate

4.90%

4.90%

Frequency of interest payments

semi-annually

Senior Unsecured Notes [Member] | YUM Senior Unsecured Notes [Member] [Domain]

Short-term Borrowings

Senior Notes, Noncurrent

$ 1,875,000,000

$ 1,875,000,000

2,200,000,000

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Debt Default, Description of Violation or Event of Default

Our YUM Senior Unsecured Notes contain cross-default provisions whereby the acceleration of the maturity of any of our indebtedness in a principal amount in excess of $50 million will constitute a default under the YUM Senior Unsecured Notes unless such indebtedness is discharged, or the acceleration of the maturity of that indebtedness is annulled, within 30 days after notice.

London Interbank Offered Rate (LIBOR) [Member] | Secured Debt [Member] | Term Loan B Facility [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Basis Spread on Variable Rate | Rate

2.00%

Debt Instrument, Basis Spread on Variable Rate, Stepdown | Rate

1.75%

Base Rate [Member] | Secured Debt [Member] | Term Loan B Facility [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Basis Spread on Variable Rate | Rate

1.00%

Debt Instrument, Basis Spread on Variable Rate, Stepdown | Rate

0.75%

Minimum [Member] | Senior Unsecured Notes [Member] | YUM Senior Unsecured Notes [Member] [Domain]

Senior Unsecured Notes [Abstract]

Interest rate, stated (in hundredths) | Rate

3.75%

3.75%

Minimum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Secured Debt [Member] | Term Loan A Facility and Revolving Facility [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Basis Spread on Variable Rate | Rate

1.25%

Minimum [Member] | Base Rate [Member] | Secured Debt [Member] | Term Loan A Facility and Revolving Facility [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Basis Spread on Variable Rate | Rate

0.25%

Maximum [Member] | Senior Unsecured Notes [Member] | YUM Senior Unsecured Notes [Member] [Domain]

Senior Unsecured Notes [Abstract]

Interest rate, stated (in hundredths) | Rate

6.88%

6.88%

Maximum [Member] | London Interbank Offered Rate (LIBOR) [Member] | Secured Debt [Member] | Term Loan A Facility and Revolving Facility [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Basis Spread on Variable Rate | Rate

1.75%

Maximum [Member] | Base Rate [Member] | Secured Debt [Member] | Term Loan A Facility and Revolving Facility [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Basis Spread on Variable Rate | Rate

0.75%

Total Leverage Ratio [Member] | Secured Debt [Member] | the Credit Agreement [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Covenant Description

require the Borrowers to maintain a total leverage ratio (defined as the ratio of Consolidated Total Debt to Consolidated EBITDA (as these terms are defined in the Credit Agreement)) of 5.0:1 or less

Fixed Charge Coverage Ratio [Member] | Secured Debt [Member] | the Credit Agreement [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Covenant Description

fixed charge coverage ratio (defined as the ratio of EBITDA minus capital expenditures to fixed charges (inclusive of rental expense and scheduled amortization)) of at least 1.5:1

Debt Service Coverage Ratio - Rapid Amortization Events [Member] | Secured Debt [Member] | Securitization Notes [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Covenant Description

debt service coverage ratio (as defined in the Indenture) of at least 1.1:1

Debt Service Coverage Ratio - Cash Trap Reserve Account [Member] | Secured Debt [Member] | Securitization Notes [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Covenant Description

debt service coverage ratio (or the ratio of Net Cash Flow to all debt service payments for the preceding four fiscal quarters) of at least 1.75:1

Debt Instrument, Covenant Compliance

During the quarter ended December 31, 2018, the Securitization Entities maintained a debt service coverage ratio significantly in excess of the 1.75:1 requirement

Line of Credit [Member] | Variable Funding Notes [Member]

Line of Credit Facility [Abstract]

Line of credit facility, maximum borrowing capacity

100,000,000

Letter of Credit [Member] | Revolving Facility [Member]

Line of Credit Facility [Abstract]

Outstanding letters of credit

$ 7,000,000

$ 7,000,000

Letter of Credit [Member] | Variable Funding Notes [Member]

Line of Credit Facility [Abstract]

Line of credit facility, maximum borrowing capacity

50,000,000

Continuing Operations [Member]

Short-term Borrowings

Total Short-term Borrowings

321,000,000

321,000,000

375,000,000

Long-term Debt

Long-term debt including hedge accounting adjustment

9,751,000,000

9,751,000,000

9,429,000,000

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Payments of Debt Issuance Costs

13,000,000

32,000,000

86,000,000

Interest Income (Expense), Net

(452,000,000)

(445,000,000)

(307,000,000)

Continuing Operations [Member] | Prepaid Expenses and Other Current Assets [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Restricted Cash and Cash Equivalents, Current

[5]

151,000,000

[4]

151,000,000

[4]

$ 60,000,000

[4]

$ 55,000,000

Continuing Operations [Member] | Prepaid Expenses and Other Current Assets [Member] | Securitization Notes [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Restricted Cash and Cash Equivalents, Current

$ 82,000,000

82,000,000

2016 [Member] | Class A-2-I Notes [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Interest expense on short-term borrowings and long-term debt

$ 4,000,000

2016 [Member] | Secured Debt [Member] | Class A-2-I Notes [Member]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

800,000,000

Senior Unsecured Notes [Abstract]

Interest rate, stated (in hundredths) | Rate

3.832%

3.832%

2016 [Member] | Secured Debt [Member] | Class A-2-II Notes [Member]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

500,000,000

Senior Unsecured Notes [Abstract]

Interest rate, stated (in hundredths) | Rate

4.377%

4.377%

Interest rate, effective (in hundredths) | Rate

4.59%

4.59%

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Long-term Debt, Anticipated Repayment Date | Years

7

2016 [Member] | Secured Debt [Member] | Class A-2-III Notes [Member]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

$ 1,000,000,000

Senior Unsecured Notes [Abstract]

Interest rate, stated (in hundredths) | Rate

4.97%

4.97%

Interest rate, effective (in hundredths) | Rate

5.14%

5.14%

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Long-term Debt, Anticipated Repayment Date | Years

10

2018 [Member] | Secured Debt [Member] | Term Loan B Facility [Member]

Debt Instrument [Line Items]

Amount of basis points Term Loan B interest rate reduced by due to repricing

25

2018 [Member] | Secured Debt [Member] | Class A-2 Notes [Member]

Senior Unsecured Notes [Abstract]

Maturity date

Nov. 1, 2048

2018 [Member] | Secured Debt [Member] | Class A-2-I Notes [Member]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

$ 825,000,000

Senior Unsecured Notes [Abstract]

Interest rate, stated (in hundredths) | Rate

4.318%

4.318%

Interest rate, effective (in hundredths) | Rate

4.53%

4.53%

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Long-term Debt, Anticipated Repayment Date | Years

5

2018 [Member] | Secured Debt [Member] | Class A-2-II Notes [Member]

Debt Instrument [Line Items]

Proceeds from Issuance of Debt

$ 625,000,000

Senior Unsecured Notes [Abstract]

Interest rate, stated (in hundredths) | Rate

4.94%

4.94%

Interest rate, effective (in hundredths) | Rate

5.06%

5.06%

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Long-term Debt, Anticipated Repayment Date | Years

10

2018 [Member] | London Interbank Offered Rate (LIBOR) [Member] | Secured Debt [Member] | Term Loan B Facility [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Basis Spread on Variable Rate | Rate

1.75%

2018 [Member] | Base Rate [Member] | Secured Debt [Member] | Term Loan B Facility [Member]

Annual maturities of short-term borrowings and long-term debt excluding capital lease obligations and derivative instrument adjustments [Abstract]

Debt Instrument, Basis Spread on Variable Rate | Rate

0.75%

[1]

Amounts have not been allocated to any segment for performance reporting purposes.

[2]

Interest payments commenced approximately six months after issuance date and are payable semi-annually

[3]

Includes the effects of the amortization of any (1) premium or discount; (2) debt issuance costs; and (3) gain or loss upon settlement of related treasury locks and forward starting interest rate swaps utilized to hedge the interest rate risk prior to debt issuance.

[4]

Increase from 2017 primarily due to the adoption of Topic 606 beginning with the year ended December 31, 2018. See Note 2.

[5]

Restricted cash within Prepaid expenses and other current assets reflects the cash related to advertising cooperatives that we consolidate that can only be used to settle obligations of the respective cooperatives and Taco Bell Securitization interest reserves. See Note 10.

Leases (Details)

Leases (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)Years	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Approximate number of restaurants operated	856
Approximate number of restaurants operated on leased land and/or buildings	517
Maximum duration of lease commitments from inception for the vast majority of our lease commitments (in years) | Years	20
Capital leases, future minimum commitments [Abstract]
2,016	$ 10
2,017	10
2,018	9
2,019	8
2,020	8
Thereafter	58
Capital leases, total future minimum commitments	103
Operating leases, future minimum commitments [Abstract]
2,016	103
2,017	89
2,018	78
2,019	71
2,020	61
Thereafter	384
Operating leases, total future minimum commitments	786
Direct financing leases, lease receivables [Abstract]
2,016	6
2,017	5
2,018	4
2,019	4
2,020	3
Thereafter	30
Direct financing leases, total lease receivables	52
Operating leases, lease receivables [Abstract]
2,016	89
2,017	79
2,018	74
2,019	69
2,020	67
Thereafter	638
Operating leases, total lease receivables	1,016
Present value of minimum payments under capital leases	71	$ 105
Unearned income associated with direct financing lease receivables	19
Rental expense
Minimum	142	193	$ 208
Contingent	9	21	26
Total rental expense	151	214	234
Operating Leases, Income Statement, Lease Revenue	$ 131	$ 86	$ 73
Approximate number of units leased or subleased to franchisees	1,020
2019 [Member] | Accounting Standards Update 2016-02 [Member] | Liabilities, Lease Renewals [Member]
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Total Liabilities	$ 50
2019 [Member] | Accounting Standards Update 2016-02 [Member] | Liabilities, Total [Member]
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Total Liabilities	$ 750

Derivative Instruments (Details

Derivative Instruments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Apr. 03, 2018	Dec. 31, 2017	Mar. 21, 2017
Secured Debt [Member] | Term Loan B Facility [Member]
Long-term Debt	$ 1,955,000,000	$ 1,970,000,000	$ 1,975,000,000	$ 1,990,000,000
Cash Flow Hedging [Member]
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	26,000,000
Cash Flow Hedging [Member] | Foreign Exchange Contract [Member]
Derivative, Notional Amount	459,000,000		$ 456,000,000
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	$ 0
Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative, Maturity Date	Jul. 27, 2021
Derivative, Notional Amount	$ 1,550,000,000
Derivative, Fixed Interest Rate	3.92%
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	$ 0
Cash Flow Hedging [Member] | Forward-starting interest rate swap [Member]
Derivative, Maturity Date	Mar. 1, 2025
Derivative, Notional Amount	$ 1,500,000,000
Maximum [Member] | Cash Flow Hedging [Member] | Foreign Exchange Contract [Member]
Derivative, Maturity Date	Jun. 12, 2020
Minimum [Member] | Cash Flow Hedging [Member] | Foreign Exchange Contract [Member]
Derivative, Maturity Date	Feb. 23, 2019
July 2021 through March 2025 [Member] | Fixed Income Interest Rate [Member] | Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative, Forward Interest Rate	4.81%

Derivative Instruments (Detai_2

Derivative Instruments (Details 2) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	$ 19	$ (52)	$ 57
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	(6)	2	$ 16
Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	26
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax	1	1
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	$ 5	(3)
Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Maturity Date	Jul. 27, 2021
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	$ 0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	(3)	4
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(19)	2
Foreign Exchange Contract [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	0
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	22	(56)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (20)	$ 56
Maximum [Member] | Foreign Exchange Contract [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Maturity Date	Jun. 12, 2020

Fair Value Disclosures (Details

Fair Value Disclosures (Details) - USD ($)		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Apr. 03, 2018	Jun. 07, 2017	Mar. 21, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount		$ 0	$ 0
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount		0	0
Non-recurring basis | Fair Value, Inputs, Level 3 [Member] | Closures and impairment (income) expenses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total losses related to long-lived assets held for use and measured at fair value on a non-recurring basis		1,000,000	2,000,000
Accounts Payable and Accrued Liabilities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability		23,000,000	0
Other Assets [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Asset		29,000,000	40,000,000
Other Assets [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure		27,000,000	29,000,000
Other Noncurrent Liabilities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability		24,000,000	46,000,000
Prepaid Expenses and Other Current Assets [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Foreign Exchange Forward [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Asset		5,000,000	5,000,000
Prepaid Expenses and Other Current Assets [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Asset		21,000,000	9,000,000
Unsecured Debt [Member] | Subsidiary Senior Unsecured Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes, Noncurrent		2,850,000,000	2,850,000,000
Unsecured Debt [Member] | Subsidiary Senior Unsecured Notes [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	2,733,000,000	2,983,000,000
Unsecured Debt [Member] | YUM Senior Unsecured Notes [Member] [Domain]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes, Noncurrent		1,875,000,000	2,200,000,000
Unsecured Debt [Member] | YUM Senior Unsecured Notes [Member] [Domain] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	1,798,000,000	2,277,000,000
Secured Debt [Member] | Securitization Notes [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes, Noncurrent		2,928,000,000	2,271,000,000
Secured Debt [Member] | Securitization Notes [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[2]	2,967,000,000	2,367,000,000
Secured Debt [Member] | Term Loan A Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt		488,000,000	500,000,000		$ 500,000,000
Secured Debt [Member] | Term Loan A Facility [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	479,000,000	503,000,000
Secured Debt [Member] | Term Loan B Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt		1,955,000,000	1,975,000,000	$ 1,970,000,000		$ 1,990,000,000
Secured Debt [Member] | Term Loan B Facility [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term Debt, Fair Value	[1]	1,915,000,000	1,990,000,000
GrubHub Inc. [Member] | Other Assets [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity Securities, FV-NI		$ 214,000,000	$ 0
[1]	We estimated the fair value of the YUM and Subsidiary Senior Unsecured Notes, Term Loan A Facility, and Term Loan B Facility using market quotes and calculations based on market rates.
[2]	We estimated the fair value of the Securitization Notes by obtaining broker quotes from two separate brokerage firms that are knowledgeable about the Company’s Securitization Notes and, at times, trade these notes. The markets in which the Securitization Notes trade are not considered active markets.

Pension, Retiree Medical and _3

Pension, Retiree Medical and Retiree Savings Plans (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017		Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Components of net periodic benefit cost:
Amortization of prior service cost		$ 5	$ 5
Amortization of net loss		(17)	(5)
Pension losses in accumulated other comprehensive income (loss):
Unrealized gains (losses) arising during the year		$ 32	(17)		$ (62)
Assumed health care cost trend rates [Abstract]
Year that rate reaches ultimate trend rate		2,038
Effect of one-percentage point change in assumed health care cost trend rates [Abstract]
Maximum 401(k) participant contribution of eligible compensation		75.00%
Company match of participant contribution up to 6% of eligible compensation		100.00%
Maximum company match of participant contribution of eligible compensation		6.00%
Defined Contribution Plan, Cost		$ 12	13		14
Pension settlement charges			(20)
Foreign Pension Plan [Member]
Change in benefit obligation
Benefit obligation at beginning of year		287
Benefit obligation at end of year		233	287
Change in plan assets
Fair value of plan assets at beginning of year		358
Fair value of plan assets at end of year		319	358
Plan Assets [Abstract]
Fair value of plan assets by asset category		319	358			$ 319	$ 358
U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Net Payable For Unsettled Transactions						41	56
Defined Benefit Plan, Benefit Obligation, Benefits Paid		73	76
Change in benefit obligation
Benefit obligation at beginning of year		1,007	993
Service cost		8	10		17
Interest cost		38	41		54
Plan amendments		1	2
Curtailment		0	(2)
Special termination benefits		1	2		3
Settlement payments	[1]	0	(73)
Actuarial (gain) loss		(109)	115
Defined Benefit Plan, Plan Assets, Administration Expense		0	(5)
Benefit obligation at end of year		873	1,007		993
Change in plan assets
Fair value of plan assets at beginning of year		864	837
Actual return on plan assets		(49)	129
Employer contributions		13	52
Settlement payments		0	(73)
Fair value of plan assets at end of year		755	864		837
Defined Benefit Plan, Plan Assets, Benefits Paid		73	76
Funded status at end of year						(118)	(143)
Benefit Payments [Abstract]
2,016						39
2,017						40
2,018						43
2,019						45
2,020						48
2021 - 2025						269
Amounts recognized in the Consolidated Balance Sheet:
Accrued benefit liability - current						(5)	(8)
Accrued benefit liability - non-current						(113)	(135)
Accrued benefit amounts recognized						(118)	(143)
Amounts recognized as a loss in Accumulated Other Comprehensive Income:
Actuarial net gain						(101)	(134)
Prior service cost						(22)	(26)
Amounts recognized as a loss in Accumulated Other Comprehensive Income		(160)	(160)		(180)	(123)	(160)	$ (180)
Accumulated benefit obligation						849	976
Information for pension plans with an accumulated benefit obligation in excess of plan assets:
Projected benefit obligation						873	1,007
Accumulated benefit obligation						849	976
Fair value of plan assets						755	864
Information for pension plans with a projected benefit obligation in excess of plan assets:
Defined Benefit Plan, Pension Plan with Projected Benefit Obligation in Excess of Plan Assets, Projected Benefit Obligation						873	1,007
Accumulated benefit obligation						849	976
Defined Benefit Plan, Pension Plan with Projected Benefit Obligation in Excess of Plan Assets, Plan Assets						$ 755	$ 864
Components of net periodic benefit cost:
Service cost		8	10		17
Interest cost		38	41		54
Amortization of prior service cost	[1]	5	6		6
Expected return on plan assets		(44)	(45)		(65)
Amortization of net loss		16	5		6
Net periodic benefit cost		23	17		18
Additional loss recognized due to:
Special termination benefits		1	2		3
Pension losses in accumulated other comprehensive income (loss):
Beginning of year		(160)	(180)
Unrealized gains (losses) arising during the year		17	(10)
Other Comprehensive Income (Loss),Defined Benefit Plans, Curtailment Gain (Loss), before Tax		0	2
Curtailment gain		0	19
Amortization of net loss		16	5
Amortization of prior service cost		5	6
Prior service cost		(1)	(2)
End of year		$ (123)	$ (160)		$ (180)
Weighted-average assumptions used to determine benefit obligations at the measurement dates:
Discount rate (in hundredths)						4.60%	3.90%	4.60%
Rate of compensation increase (in hundredths)						3.00%	3.75%
Weighted-average assumptions used to determine the net periodic benefit cost for fiscal years:
Discount rate (in hundredths)		3.90%	4.53%	[2]	4.90%
Long-term rate return on plan assets (in hundredths)		5.65%	6.06%	[2]	6.75%
Rate of compensation increase (in hundredths)		3.75%	3.75%	[2]	3.75%
Plan Assets [Abstract]
Fair value of plan assets by asset category		$ 755	$ 837		$ 837	$ 755	$ 864	$ 837
Value of mutual fund held as an investment that includes YUM stock						0.3	0.3
Approximate percentage of total plan assets in investment that includes YUM stock (in hundredths)		1.00%	1.00%
Effect of one-percentage point change in assumed health care cost trend rates [Abstract]
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year						0
Pension settlement charges	[3]	$ 0	$ 19		32
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 1 [Member] | Cash [Member]
Change in plan assets
Fair value of plan assets at beginning of year		3
Fair value of plan assets at end of year		3	3
Plan Assets [Abstract]
Fair value of plan assets by asset category		3	3			3	3
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 1 [Member] | Cash Equivalents [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[4]	12
Fair value of plan assets at end of year	[4]	10	12
Plan Assets [Abstract]
Fair value of plan assets by asset category	[4]	10	12			10	12
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities - U.S. Large cap [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[5]	257
Fair value of plan assets at end of year	[5]	215	257
Plan Assets [Abstract]
Fair value of plan assets by asset category	[5]	215	257			215	257
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities - U.S. Mid cap [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[5]	43
Fair value of plan assets at end of year	[5]	35	43
Plan Assets [Abstract]
Fair value of plan assets by asset category	[5]	35	43			35	43
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities - U.S. Small cap [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[5]	43
Fair value of plan assets at end of year	[5]	34	43
Plan Assets [Abstract]
Fair value of plan assets by asset category	[5]	34	43			34	43
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 1 [Member] | Equity Securities - Non-U.S. [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[5]	87
Fair value of plan assets at end of year	[5]	74	87
Plan Assets [Abstract]
Fair value of plan assets by asset category	[5]	74	87			74	87
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 1 [Member] | Fixed Income Securities - U.S. Corporate [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[5]	177
Fair value of plan assets at end of year	[5]	140	177
Plan Assets [Abstract]
Fair value of plan assets by asset category	[5]	140	177			140	177
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Income Securities - U.S. Corporate [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[6]	86
Fair value of plan assets at end of year	[6]	106	86
Plan Assets [Abstract]
Fair value of plan assets by asset category	[6]	106	86			106	86
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Income Securities - U.S. Government and Government Agencies [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[7]	177
Fair value of plan assets at end of year	[7]	161	177
Plan Assets [Abstract]
Fair value of plan assets by asset category	[7]	161	177			161	177
U.S. Pension Plans [Member] | Fair Value, Inputs, Level 2 [Member] | Fixed Income Securities - Non-U.S. Government [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[7]	35
Fair value of plan assets at end of year	[7]	18	35
Plan Assets [Abstract]
Fair value of plan assets by asset category	[7]	18	35			18	35
U.S. Pension Plans [Member] | Amount settled prior to year end [Member]
Change in plan assets
Fair value of plan assets at beginning of year	[8]	920
Fair value of plan assets at end of year	[8]	796	920
Plan Assets [Abstract]
Fair value of plan assets by asset category	[8]	796	920			$ 796	920
U.S. Pension Plans [Member] | Equity Securities [Member]
Plan Assets [Abstract]
Equity securities, target allocation (in hundredths)						50.00%
U.S. Pension Plans [Member] | Fixed Income Funds [Member]
Plan Assets [Abstract]
Equity securities, target allocation (in hundredths)						50.00%
Other pension (income) expense [Member] | U.S. Pension Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension data adjustment		0	22	[9]	0
Other Postretirement Benefits Plan [Member]
Benefit Payments [Abstract]
2,016						$ 4
2,017						4
2,018						4
2,019						4
2,020						4
2021 - 2025						16
Amounts recognized as a loss in Accumulated Other Comprehensive Income:
Actuarial net gain						(13)	(8)
Accumulated benefit obligation						$ 45	$ 55
Components of net periodic benefit cost:
Net periodic benefit cost		$ 2	$ 2		$ 3
[1]	Prior service costs are amortized on a straight-line basis over the average remaining service period of employees expected to receive benefits.
[2]	Reflects a weighted average due to interim re-measurements in 2017.
[3]	Settlement losses result when benefit payments exceed the sum of the service cost and interest cost within a plan during the year. These losses were recorded in Other pension (income) expense.
[4]	Short-term investments in money market funds.
[5]	Securities held in common trusts.
[6]	Investments held directly by the Plan.
[7]	Includes securities held in common trusts and investments held directly by the Plan.
[8]	2018 and 2017 exclude net unsettled trade payables of $41 million and $56 million
[9]	Reflects a non-cash, out-of-year charge related to the adjustment of certain historical deferred vested liability balances in the Plan during the first quarter of 2017 recorded in Other pension (income) expense. See Note 5.

Share-based and Deferred Comp_3

Share-based and Deferred Compensation Plans (Details) $ / shares in Units, shares in Thousands, $ in Millions		12 Months Ended
		Dec. 31, 2018USD ($)groups$ / sharesshares		Dec. 31, 2017USD ($)$ / sharesshares	Dec. 31, 2016USD ($)$ / shares
Award Valuation
Risk-free interest rate (in hundredths)		2.50%		1.90%	1.40%
Expected term (years)		6 years 6 months		6 years 5 months	6 years 5 months
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate		22.00%		22.90%	27.00%
Expected dividend yield (in hundredths)		1.80%		1.80%	2.60%
Number of homogeneous groups appropriate to group awards into when estimating expected term | groups		2
Summary of award activity - Stock options and SARs, additional disclosures [Abstract]
Options outstanding at the end of the year (in shares) | shares		753
SARs outstanding at the end of the year (in shares) | shares		15,438
Options outstanding at the end of the year, Weighted-average exercise price (in dollars per share) | $ / shares		$ 42.40
SARs outstanding at the end of the year, Weighted-average exercise price (in dollars per share) | $ / shares		$ 52.30
Impact on net income [Abstract]
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense		$ 47		$ 117
Cash received from stock options exercises		5.5		$ 12	$ 5
General and administrative expenses		$ 895
Stock Options and Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum vesting period of outstanding awards (in years)		P1Y07M0D
Summary of award activity - Stock options and SARs [Roll Forward]
Granted (in shares) | shares		2,580
Exercised (in shares) | shares		(3,832)
Forfeited or expired (in shares) | shares		(842)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price | $ / shares		$ 71.72
Summary of award activity - Stock options and SARs, additional disclosures [Abstract]
Granted, Weighted-average exercise price (in dollars per share) | $ / shares		78.35
Exercised, Weighted-average exercise price (in dollars per share) | $ / shares		$ 34.05
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value		$ 626
Exercisable at the end of the year (in shares) | shares		10,297
Exercisable at the end of the year, Weighted-average exercise price (in dollars per share) | $ / shares		$ 43.23
Share Based Compensation Arrangement By Share Based Payment Award, Options, Exercisable Weighted Average Remaining Contractual Term		4 years 8 days
Exercisable at the end of the year, Aggregate intrinsic value (in dollars)		$ 501
Options outstanding at the end of the year (in shares) | shares		16,191	[1]	18,285
Options outstanding at the end of the year, Weighted-average exercise price (in dollars per share) | $ / shares		$ 51.84		$ 44.85
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term		5 years 6 months
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares		$ 16.45		$ 14.08	$ 14.40
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value		$ 195		$ 154	$ 263
Unrecognized compensation cost		48
Restricted Stock Units And Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value		16		10	7
Summary of award activity - Stock options and SARs, additional disclosures [Abstract]
Unrecognized compensation cost		$ 21
Unvested RSUs and PSUs | shares		1,000
Long Term Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum vesting period of outstanding awards (in years)		immediate
Maximum vesting period of outstanding awards (in years)		5 years
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period		10 years
Approximate number of shares available for grant (in shares) | shares		28,000
Executive Income Deferral Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of Company match on amount deferred (in hundredths)		33.00%
Executive Income Deferral Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)		2 years
Mark-to-Market of YUM China Funds [Member] | Executive Income Deferral Plan [Member]
Impact on net income [Abstract]
General and administrative expenses		$ 3		18	30
Continuing Operations [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Expense	[2]	50		65	80	[3]
Employee Service Share-based Compensation, Deferred Tax Benefit from Compensation Expense		9
Impact on net income [Abstract]
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	[4]			22	26
EID compensation expense not share-based		(2)		12	5
Employee Service Share-based Compensation, Tax Benefit from Exercise of Stock Options		60		153	109
General and administrative expenses		895		999	1,129
Continuing Operations [Member] | Stock Options and Stock Appreciation Rights [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Expense		37		30	38
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value		28		33	41
Continuing Operations [Member] | Performance Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Expense		7		9	4
Continuing Operations [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Expense		6		26	$ 38
Unallocated amounts to segment [Member] | Mark-to-Market of YUM China Funds [Member] | Executive Income Deferral Plan [Member]
Impact on net income [Abstract]
General and administrative expenses		$ 3		18
Restaurant-level Employees [Domain] | Long Term Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period		10 years
Share-based Compensation Arrangement by Share-based Payment Award, Average Exercise Period		5 years
Vesting period (in years)		4 years
Executives [Domain] | Long Term Incentive Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period		10 years
Share-based Compensation Arrangement by Share-based Payment Award, Average Exercise Period		6 years 6 months
Vesting period (in years)		4 years
Award Valuation
Graded vesting schedule of grants made to executives under other stock award plans		25%
U.S. Pension Plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Defined Benefit Plan, Plan Assets, Benefits Paid		$ 73		$ 76
[1]	Outstanding awards include 753 options and 15,438 SARs with weighted average exercise prices of $42.40 and $52.30
[2]	Includes $3 million of appreciation and $18 million
[3]	Includes $30 million
[4]	Deferred tax benefit recognized does not reflect the impact of the Tax Act. See Note 17.

Shareholders' Equity (Details)

Shareholders' Equity (Details) - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Repurchase Of Shares Of Common Stock [Line Items]
Value of share repurchases with trade dates during the current reporting date but with settlement dates subsequent to the current reporting date.	$ 5		$ 45
Number of shares repurchased with trade dates during the current reporting date but with settlement dates subsequent to the current reporting date.	100		700
Stock Repurchased During Period, Shares	28,243	[1]	26,561	[2]	67,963	[2]
Stock Repurchased During Period, Value	$ 2,394	[1]	$ 1,915	[2]	$ 5,447	[2]
August 2018 [Domain]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	10,003
November 2017 [Domain]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	18,240		0		0
Stock Repurchased During Period, Value	$ 1,500		$ 0		$ 0
November 2016 [Member]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	0		26,561		1,337
Stock Repurchased During Period, Value	$ 0		$ 1,915		$ 85
December 2015 [Member]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	0		0		13,368
Stock Repurchased During Period, Value	$ 0		$ 0		$ 933
May 2016 [Member]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	0		0		50,435
Stock Repurchased During Period, Value	$ 0		$ 0		$ 4,200
March 2016 [Member]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares	0		0		2,823
Stock Repurchased During Period, Value	$ 0		$ 0		$ 229
August 2018 [Member]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchased During Period, Shares			0		0
Stock Repurchased During Period, Value	894		$ 0		$ 0
August 2018 [Member]
Repurchase Of Shares Of Common Stock [Line Items]
Stock Repurchase Program, Authorized Amount	2,000
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 1,100
[1]	Includes the effect of $5 million in share repurchases ( 0.1 million
[2]	2017 amount excludes and 2016 amount includes the effect of $45 million in share repurchases ( 0.7 million

Shareholders' Equity (Details 2

Shareholders' Equity (Details 2) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification		$ 2
OCI, net of tax		(65)		$ 187		$ (159)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance		(334)
Defined Benefit Plan, Amortization of Gain (Loss)		(17)		(5)
Pension settlement charges				(20)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)		5		5
Tax (expense) benefit on reclassification of pension and post-retirement losses to net income		5		18
Translation Adjustment and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature
Accumulated Other Comprehensive Income (Loss) [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	[1],[2]	21
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance		(174)	[1]	(336)
Amounts classified into OCI, net of tax	[1]	(88)		107
Amounts reclassified from accumulated OCI, net of tax	[1]	(4)		55
OCI, net of tax	[1]	(92)		162
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance		(245)	[1]	(174)	[1]	(336)
Pension and Post-Retirement Benefit Plan Losses
Accumulated Other Comprehensive Income (Loss) [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	[3],[4]	(17)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance		(106)	[3]	(127)
Amounts classified into OCI, net of tax	[3]	24		(13)
Amounts reclassified from accumulated OCI, net of tax	[3]	17		34
OCI, net of tax	[3]	41		21
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance		(82)	[3]	(106)	[3]	(127)
Net Unrealized Loss on Derivative Instruments
Accumulated Other Comprehensive Income (Loss) [Line Items]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	[4],[5]	(2)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	[5]	9		5
Amounts classified into OCI, net of tax	[5]	20		(51)
Amounts reclassified from accumulated OCI, net of tax	[5]	(34)		55
OCI, net of tax	[5]	(14)		4
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	[5]	(7)		9		5
Total
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance		(271)		(458)
Amounts classified into OCI, net of tax		(44)		43
Amounts reclassified from accumulated OCI, net of tax		(21)		144
OCI, net of tax		(65)		187
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance		(334)		(271)		(458)
U.S. Pension Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Defined Benefit Plan, Amortization of Gain (Loss)		16		5		6
Pension settlement charges	[6]	0		19		32
Defined Benefit Plan, Amortization of Prior Service Cost (Credit)	[7]	5		6		6
U.S. Pension Plans [Member] | Other pension (income) expense [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Pension data adjustment		$ 0		$ 22	[8]	$ 0
[1]	Amounts reclassified from AOCI are due to substantially complete liquidations of foreign entities related to the KFC and Pizza Hut Brazil refranchising transactions during 2018 and KFC Turkey, Pizza Hut Turkey, Pizza Hut Thailand and Pizza Hut Korea refranchising transactions during 2017.
[2]	Represents the impact of foreign currency translation from the adoption of Topic 606. See Notes 2 and 5.
[3]	Amounts reclassified from AOCI for pension and post-retirement benefit plan losses during 2018 include amortization of net losses of $17 million , amortization of prior service cost of $5 million and related income tax benefit of $5 million . Amounts reclassified from AOCI for pension and post-retirement benefit plan losses during 2017 include amortization of net losses of $5 million , historical pension data adjustment of $22 million , settlement charges of $20 million , amortization of prior service cost of $5 million and related income tax benefit of $18 million
[4]	During the quarter ended March 31, 2018, we adopted a standard that allows for the reclassification from AOCI to Accumulated deficit for stranded tax effects resulting from the Tax Act. See Note 2.
[5]	See Note 12 for details on amounts reclassified from AOCI.
[6]	Settlement losses result when benefit payments exceed the sum of the service cost and interest cost within a plan during the year. These losses were recorded in Other pension (income) expense.
[7]	Prior service costs are amortized on a straight-line basis over the average remaining service period of employees expected to receive benefits.
[8]	Reflects a non-cash, out-of-year charge related to the adjustment of certain historical deferred vested liability balances in the Plan during the first quarter of 2017 recorded in Other pension (income) expense. See Note 5.

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Valuation Allowance [Line Items]
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount		$ 20
Effective income tax rate reconciliation [Abstract]
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense		(47)	$ (117)
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Tax Credit Carryforward, Valuation Allowance		111	189
Effective income tax rate		297
Details of income tax provision (benefit) [Abstract]
Effective income tax rate		297
U.S. and foreign income before income taxes [Abstract]
Income from Continuing Operations Before Income Taxes		1,839	2,274	$ 1,345
U.S. state [Member]
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Tax Credit Carryforward, Valuation Allowance		100
Internal Revenue Service (IRS) [Member]
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Tax Credit Carryforward, Valuation Allowance		300
Foreign Tax Credit [Domain]
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Tax Credit Carryforward, Valuation Allowance		100
Current Year Operations
Changes in valuation allowance [Roll Forward]
Valuation Allowance, Change in Amount		(78)		(14)
Changes in Judgement
Changes in valuation allowance [Roll Forward]
Valuation Allowance, Change in Amount				$ (17)
Continuing Operations [Member]
Valuation Allowance [Line Items]
Deferred Tax Assets, Net of Valuation Allowance, Current		$ 195	$ 139
Effective income tax rate reconciliation [Abstract]
U.S. federal statutory rate (in hundredths)		21.00%	35.00%	35.00%
State income tax, net of federal tax benefit (in hundredths)		1.00%	0.50%	1.10%
Statutory rate differential attributable to foreign operations (in hundredths)		(12.30%)	(9.30%)	(10.50%)
Adjustments to reserves and prior years (in hundredths)		2.80%	0.50%	(0.80%)
Change in valuation allowance (in hundredths)		8.50%	1.50%	(0.20%)
Other, net (in hundredths)		(0.40%)	(1.10%)	(0.30%)
Effective income tax rate (in hundredths)		16.20%	41.10%	24.30%
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	[1]		$ (22)	$ (26)
Effective Income Tax Rate Reconciliation Share Based Compensation		(2.50%)	(5.10%)	0.00%
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Change in valuation allowance		$ (156)	$ (34)	$ (3)
Effective income tax rate		297	934	327
Details of income tax provision (benefit) [Abstract]
Current: Federal		102	(2)	126
Current: Foreign		181	290	160
Current: State		25	12	13
Total current income tax provision (benefit)		308	300	299
Deferred: Federal		(24)	603	19
Deferred: Foreign		5	19	3
Deferred: State		8	12	6
Total deferred income tax provision (benefit)		(11)	634	28
Effective income tax rate		297	934	327
U.S. and foreign income before income taxes [Abstract]
U.S.		726	662	366
Foreign		1,113	1,612	979
Income from Continuing Operations Before Income Taxes		1,839	2,274	$ 1,345
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount		$ 35	$ 434
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent		(1.90%)	19.10%	0.00%
Tax Year 2017 [Member]
Effective income tax rate reconciliation [Abstract]
U.S. federal statutory rate (in hundredths)			35.00%
Tax Year 2018 [Domain]
Effective income tax rate reconciliation [Abstract]
U.S. federal statutory rate (in hundredths)		21.00%	21.00%
U.S. and foreign income before income taxes [Abstract]
Limit on deductibility of interest expense			30.00%
Tax Year 2018 [Member] | Continuing Operations [Member]
U.S. and foreign income before income taxes [Abstract]
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount		$ 399
Repatriation Tax Liability [Member]
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Effective income tax rate		241
Details of income tax provision (benefit) [Abstract]
Effective income tax rate		241
Remeasurement of Deferreds [Domain]
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Effective income tax rate		47
Details of income tax provision (benefit) [Abstract]
Effective income tax rate		$ 47
Prior Year Divestiture [Member] | Continuing Operations [Member]
Effective income tax rate reconciliation [Abstract]
Adjustments to reserves and prior years (in hundredths)		1900000000.00%
[1]	Deferred tax benefit recognized does not reflect the impact of the Tax Act. See Note 17.

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Reported in Consolidated Balance Sheets as:
Total Operating and Capital Loss Carryforwards	$ 1,691
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	1,839	$ 2,274	$ 1,345
Tax Credit Carryforward, Valuation Allowance	111	189
Foreign [Member]
Reported in Consolidated Balance Sheets as:
Total Operating and Capital Loss Carryforwards	416
State and Local Jurisdiction [Member]
Reported in Consolidated Balance Sheets as:
Total Operating and Capital Loss Carryforwards	1,019
Tax Credit Carryforward, Valuation Allowance	100
Internal Revenue Service (IRS) [Member]
Reported in Consolidated Balance Sheets as:
Total Operating and Capital Loss Carryforwards	256
Tax Credit Carryforward, Valuation Allowance	300
Continuing Operations [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	180	216
Deferred Tax Assets, Capital Loss Carryforwards	3	4
Net deferred tax assets (liabilities) [Abstract]
Deferred Tax Assets, Tax Credit Carryforwards, Foreign	266	311
Employee benefits	72	94
Share-based compensation	62	58
Self-insured casualty claims	7	7
Lease related liabilities	43	51
Various liabilities	43	51
Deferred Tax Assets, Property, Plant and Equipment	19	24
Deferred income and other	53	31
Gross deferred tax assets	748	847
Deferred tax asset valuation allowances	(454)	(421)
Net deferred tax assets	294	426
Intangible assets, including goodwill	(42)	(69)
Property, plant and equipment	(33)	(18)
Deferred Tax Liabilities Deemed Repatriation	0	(170)
Other	(31)	(36)
Gross deferred tax liabilities	(106)	(293)
Net deferred tax assets (liabilities)	188	133
Reported in Consolidated Balance Sheets as:
Deferred Tax Assets, Net of Valuation Allowance, Current	195	139
Other liabilities and deferred credits	(7)	(6)
Net deferred tax assets (liabilities)	188	133
Income (Loss) from Continuing Operations before Income Taxes, Domestic	726	662	366
Income (Loss) from Continuing Operations before Income Taxes, Foreign	1,113	1,612	979
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$ 1,839	$ 2,274	$ 1,345

Income Taxes (Details 3)

Income Taxes (Details 3) $ in Millions	Dec. 31, 2018USD ($)
Operating and capital loss carryforwards [Line Items]
Undistributed Earnings of Foreign Subsidiaries	$ 3,600
Amount of operating and capital loss carryforwards due to expire in 2016	2
Amount of operating and capital loss carryforwards due to expire between 2017 and 2020	149
Amount of operating and capital loss carryforwards due to expire between 2021 and 2035	1,194
Amount of operating and capital loss carryforwards which may be carried forward indefinitely	346
Total Operating and Capital Loss Carryforwards	1,691
Foreign [Member]
Operating and capital loss carryforwards [Line Items]
Amount of operating and capital loss carryforwards due to expire in 2016	2
Amount of operating and capital loss carryforwards due to expire between 2017 and 2020	22
Amount of operating and capital loss carryforwards due to expire between 2021 and 2035	46
Amount of operating and capital loss carryforwards which may be carried forward indefinitely	346
Total Operating and Capital Loss Carryforwards	416
U.S. state [Member]
Operating and capital loss carryforwards [Line Items]
Amount of operating and capital loss carryforwards due to expire in 2016	0
Amount of operating and capital loss carryforwards due to expire between 2017 and 2020	78
Amount of operating and capital loss carryforwards due to expire between 2021 and 2035	941
Amount of operating and capital loss carryforwards which may be carried forward indefinitely	0
Total Operating and Capital Loss Carryforwards	1,019
Internal Revenue Service (IRS) [Member]
Operating and capital loss carryforwards [Line Items]
Amount of operating and capital loss carryforwards due to expire in 2016	0
Amount of operating and capital loss carryforwards due to expire between 2017 and 2020	49
Amount of operating and capital loss carryforwards due to expire between 2021 and 2035	207
Amount of operating and capital loss carryforwards which may be carried forward indefinitely	0
Total Operating and Capital Loss Carryforwards	$ 256

Income Taxes (Details 4)

Income Taxes (Details 4) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Tax Credit Carryforward, Valuation Allowance	$ 111	$ 189
Unrecognized Tax Benefits That Would Not Impact Effective Tax Rate	10
Continuing Operations [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Accrued interest and penalties	12	14
Unrecognized Tax Benefits	113	$ 100	$ 91
U.S. state [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Tax Credit Carryforward, Valuation Allowance	100
Internal Revenue Service (IRS) [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Tax Credit Carryforward, Valuation Allowance	300
Timing of Anticipated Impact [Domain] | Continuing Operations [Member]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible [Line Items]
Unrecognized Tax Benefits	$ 22

Income Taxes (Details 5)

Income Taxes (Details 5) - Continuing Operations [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Examination [Line Items]
Accrued interest and penalties	$ 12	$ 14
Total interest and penalties recorded during the period	2	(5)	$ 4
Unrecognized tax benefits reconciliation [Roll Forward]
Beginning of Year	100	91
Additions on tax positions related to the current year	19	3
Additions for tax positions of prior years	0	8
Reductions for tax positions of prior years	(5)	0
Reductions for settlements	0	(1)
Reductions due to statute expiration	(1)	(1)
Foreign currency translation adjustment	0	0
End of Year	$ 113	$ 100	$ 91

Income Taxes (Details 6)

Income Taxes (Details 6) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Tax Act Enactment [Line Items]
Undistributed Earnings of Foreign Subsidiaries	$ 3,600
Income tax provision	297
Tax Credit Carryforward, Valuation Allowance	$ 111	$ 189
U.S. Federal Tax Rate, prior to 2017 Tax Act [Domain]
Tax Act Enactment [Line Items]
U.S. federal statutory rate (in hundredths)		35.00%
U.S. Federal Tax Rate, updated for 2017 Tax Act [Domain]
Tax Act Enactment [Line Items]
U.S. federal statutory rate (in hundredths)	21.00%	21.00%
Limit on deductibility of interest expense		30.00%
Remeasurement of Deferreds [Domain]
Tax Act Enactment [Line Items]
Income tax provision	$ 47
Continuing Operations [Member]
Tax Act Enactment [Line Items]
U.S. federal statutory rate (in hundredths)	21.00%	35.00%	35.00%
Deferred Tax Liabilities Deemed Repatriation	$ 0	$ 170
Income tax provision	297	934	$ 327
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount	$ 35	$ 434

Reportable Operating Segments_2

Reportable Operating Segments (Details) - USD ($) $ in Millions		3 Months Ended																12 Months Ended
		Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2017		Sep. 30, 2017		Jun. 30, 2017		Mar. 31, 2017		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Segment Reporting Information [Line Items]
Total revenues																		$ 5,688				$ 6,356
Operating Profit																		2,296		$ 2,761		1,682
Investment Income, Net																		9		5		2
Other Pension (income) expense	[1],[2]																	(14)		(47)		(32)
Cost of Goods and Services Sold																		1,634
Interest expense, net	[1]																	(452)		(445)		(307)
Depreciation and amortization																		137		253		310
Total Assets		$ 4,130								$ 5,311								4,130		5,311
Long-Lived Assets	[3]	2,004								2,320								2,004		2,320
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest																		1,839		2,274		1,345
General and administrative expenses																		895
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement																				(20)
KFC Global Division [Member]
Segment Reporting Information [Line Items]
Total revenues																		2,644
Operating Profit																		959		981		871
Depreciation and amortization																		58		138		172
Capital Spending																		105		176		216
Total Assets	[4]	1,481								1,791								1,481		1,791
Long-Lived Assets	[3]	868								1,200								868		1,200
Pizza Hut Global Division [Member]
Segment Reporting Information [Line Items]
Total revenues																		988
Operating Profit																		348		341		367
Depreciation and amortization																		10		26		36
Capital Spending																		38		42		69
Total Assets	[4]	701								628								701		628
Long-Lived Assets	[3]	384								311								384		311
Taco Bell Global Division [Member]
Segment Reporting Information [Line Items]
Total revenues																		2,056
Operating Profit																		633		619		595
Depreciation and amortization																		61		82		90
Capital Spending																		85		95		132
Total Assets	[4]	1,074								1,086								1,074		1,086
Long-Lived Assets	[3]	720								778								720		778
Unallocated amounts to segment [Member]
Segment Reporting Information [Line Items]
Franchise and property expenses	[1],[5]																	8		30		24
Corporate expenses	[1],[6]																	(171)		(230)		(280)
Cost of Goods and Services Sold	[1],[7]																	(3)		(10)		0
Revenue from Contract with Customer, Including Assessed Tax	[1],[5]																	0		(5)		(2)
Refranchising gain (loss)	[1]																	540		1,083		163
Other (income) expense	[1],[8]																	(8)		(8)		(8)
Depreciation and amortization																		8		7		12
Capital Spending																		6		5		10
Total Assets	[4],[9]	874								1,806								874		1,806
Long-Lived Assets	[3]	32								31								32		31
U.S.
Segment Reporting Information [Line Items]
Total revenues																		2,900		2,800		3,100
Total Assets		2,000								3,000								2,000		3,000
Continuing Operations [Member]
Segment Reporting Information [Line Items]
Total revenues		1,558		$ 1,391		$ 1,368		$ 1,371		1,577		$ 1,436		$ 1,448		$ 1,417		5,688		5,878		6,356
Operating Profit		741	[10]	$ 553	[10]	$ 449	[10]	$ 553	[10]	1,215	[11]	$ 643	[11]	$ 419	[11]	$ 484	[11]	2,296	[10]	2,761	[11]	1,682
Other Pension (income) expense																		(14)		(47)		(32)
Cost of Goods and Services Sold																		1,634		2,954		3,489
Other (income) expense																		(7)		(10)		(18)
Interest expense, net																		(452)		(445)		(307)
Depreciation and amortization																		137		253		310
Capital Spending																		234		318		427
Total Assets		$ 4,130								$ 5,311								4,130		5,311
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest																		1,839		2,274		1,345
General and administrative expenses																		895		999		1,129
Loss associated with corporate aircraft	[12]																	0		2		9
Continuing Operations [Member] | KFC Global Division [Member]
Segment Reporting Information [Line Items]
Total revenues	[4]																	2,644		3,110		3,225
Continuing Operations [Member] | Pizza Hut Global Division [Member]
Segment Reporting Information [Line Items]
Total revenues	[4]																	988		893		1,108
Continuing Operations [Member] | Taco Bell Global Division [Member]
Segment Reporting Information [Line Items]
Total revenues	[4]																	2,056		1,880		2,025
General and Administrative Expense [Member] | Unallocated amounts to segment [Member]
Segment Reporting Information [Line Items]
Restructuring and Related Cost, Incurred Cost																		8		21
Costs associated with PH U.S. Acceleration Agreement																				13
Other Nonoperating Income (Expense) [Member]
Segment Reporting Information [Line Items]
Loss associated with corporate aircraft																				2
U.S. Pension Plans [Member]
Segment Reporting Information [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	[13]																	0		19		32
U.S. Pension Plans [Member] | Other pension (income) expense [Member]
Segment Reporting Information [Line Items]
Pension data adjustment																		0		22	[14]	0
U.S. Pension Plans [Member] | Deferred Vested Project [Member]
Segment Reporting Information [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement	[13]																					24
Executive Income Deferral Plan [Member] | Mark-to-Market of YUM China Funds [Member]
Segment Reporting Information [Line Items]
General and administrative expenses																		3		18		$ 30
Executive Income Deferral Plan [Member] | Mark-to-Market of YUM China Funds [Member] | Unallocated amounts to segment [Member]
Segment Reporting Information [Line Items]
General and administrative expenses																		$ 3		$ 18
[1]	Amounts have not been allocated to any segment for performance reporting purposes.
[2]	Amounts in 2017 include a non-cash charge of $22 million related to the adjustment of certain historical deferred vested liability balances in our qualified U.S. plan. See Note 5.
[3]	Includes PP&E, goodwill, and intangible assets, net.
[4]	U.S. revenues included in the combined KFC, Pizza Hut and Taco Bell Divisions totaled $2.9 billion in 2018, $2.8 billion in 2017 and $3.1 billion
[5]	Represents costs associated with the KFC U.S. Acceleration Agreement and Pizza Hut U.S. Transformation Agreement. See Note 5.
[6]	Amounts in 2018 include costs related to YUM's Strategic Transformation Initiatives of $8 million , partially offset by non-cash credits associated with modifications of share-based compensation awards of $3 million . Amounts in 2017 include costs related to YUM’s Strategic Transformation Initiatives of $21 million , non-cash charges associated with modifications of share-based compensation awards of $18 million and costs associated with the Pizza Hut U.S. Transformation Agreement of $13 million
[7]	Represents depreciation reductions arising primarily from KFC restaurants that were held-for-sale. See Note 5.
[8]	Amounts include losses associated with the sale of corporate aircraft related to YUM’s Strategic Transformation Initiatives of $2 million
[9]	Primarily includes cash, our Grubhub investment and deferred tax assets.
[10]	Includes net gains from refranchising initiatives of $156 million , $29 million , $100 million and $255 million
[11]	Includes net gains from refranchising initiatives of $111 million , $19 million , $201 million and $752 million
[12]	During 2016, we made the decision to no longer operate a corporate aircraft fleet and offered our owned aircraft for sale, one of which was sold during 2016 and one that was sold in 2017. The losses associated with these sales reflect the shortfall of the proceeds, including estimated proceeds in held-for-sale impairment evaluations, less any selling costs, over the carrying value of the aircraft.
[13]	Settlement losses result when benefit payments exceed the sum of the service cost and interest cost within a plan during the year. These losses were recorded in Other pension (income) expense.
[14]	Reflects a non-cash, out-of-year charge related to the adjustment of certain historical deferred vested liability balances in the Plan during the first quarter of 2017 recorded in Other pension (income) expense. See Note 5.

Contingencies (Details)

Contingencies (Details) $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)
Guarantor Obligations [Line Items]
Guarantor Exposure as percent of outstanding loans	20.00%
Property Lease Guarantee [Member]
Guarantor Obligations [Line Items]
Year longest lease expires	2,065
Potential amount of undiscounted payments we could be required to make in the event of non-payment	$ 525
Present value of potential payments we could be required to make in the event of non-payment	$ 425

Contingencies (Details 2)

Contingencies (Details 2) $ in Millions	Dec. 31, 2018USD ($)
Franchise Lending Program Guarantees
Loss Contingencies [Line Items]
Loss contingency, amount of guarantee	$ 26
Total loans outstanding	50
Guarantee of Indebtedness of Others
Loss Contingencies [Line Items]
Loss contingency, amount of guarantee	10
Guarantee of Indebtedness of Others | Franchise Loan Pool Guarantees [Member]
Loss Contingencies [Line Items]
Loss contingency, amount of guarantee	2
Total loans outstanding	$ 9

Contingencies (Details 3)

Contingencies (Details 3) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Self Insured Property And Casualty Reserves [Member]
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Beginning balance	$ 84	$ 98
Liability for Unpaid Claims and Claims Adjustment Expense, Period Increase (Decrease)	11	27
Payments	(29)	(41)
Ending balance	66	$ 84
Guarantee of Indebtedness of Others
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Loss contingency, amount of guarantee	$ 10

Selected Quarterly Financial _3

Selected Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended																12 Months Ended
		Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2017		Sep. 30, 2017		Jun. 30, 2017		Mar. 31, 2017		Dec. 31, 2018		Dec. 31, 2017		Dec. 31, 2016
Fiscal Period Adjustment [Line Items]
Refranchising (gain) loss		$ (255)		$ (100)		$ (29)		$ (156)		$ (752)		$ (201)		$ (19)		$ (111)		$ (540)		$ (1,083)		$ (163)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement																				(20)
Revenues
Total revenues																		5,688				6,356
Operating Profit																		2,296		2,761		1,682
Income from continuing operations																						1,018
Income from discontinued operations																						625
Net Income (loss) - YUM! Brands, Inc.										$ 436		$ 418		$ 206		$ 280		$ 1,542		$ 1,340		$ 1,643
Basic Earnings Per Common Share (in dollars per share)																		$ 4.80		$ 3.86		$ 4.17
Diluted Earnings Per Common Share (in dollars per share)																		4.69		3.77		4.10
Dividends Declared Per Common Share (in dollars per share)		$ 0.36		$ 0.36		$ 0.36		$ 0.36		$ 0.30		$ 0		$ 0.30		$ 0.30		$ 1.44		$ 0.90		$ 1.73
Unallocated amounts to segment [Member]
Revenues
Revenue from Contract with Customer, Including Assessed Tax	[1],[2]																	$ 0		$ (5)		$ (2)
Unallocated and General and administrative expenses [Domain]
Fiscal Period Adjustment [Line Items]
Costs associated with PH U.S. Acceleration Agreement																				39
Discontinued Operations [Member]
Fiscal Period Adjustment [Line Items]
Refranchising (gain) loss	[3]																					(12)
Revenues
Income from discontinued operations																		0		0		$ 625	[3]
Basic Earnings Per Common Share (in dollars per share)																						$ 1.59
Diluted Earnings Per Common Share (in dollars per share)																						$ 1.56
Continuing Operations [Member]
Fiscal Period Adjustment [Line Items]
Refranchising (gain) loss																		(540)		(1,083)		$ (163)
Share-based Compensation Expense	[4]																	50		65		80	[5]
Revenues
Total revenues		$ 1,558		$ 1,391		$ 1,368		$ 1,371		$ 1,577		$ 1,436		$ 1,448		$ 1,417		5,688		5,878		6,356
Restaurant Profit		101		100		91		74		159		154		161		144		366		618
Operating Profit		741	[6]	553	[6]	449	[6]	553	[6]	$ 1,215	[7]	$ 643	[7]	$ 419	[7]	$ 484	[7]	2,296	[6]	2,761	[7]	1,682
Income from continuing operations		$ 334		$ 454		$ 321		$ 433										$ 1,542		$ 1,340		$ 1,018
Basic Earnings Per Common Share (in dollars per share)		$ 1.07		$ 1.43		$ 0.99		$ 1.30		$ 1.29		$ 1.21		$ 0.59		$ 0.78		$ 4.80		$ 3.86		$ 2.58
Diluted Earnings Per Common Share (in dollars per share)		$ 1.04		$ 1.40		$ 0.97		$ 1.27		$ 1.26		$ 1.18		$ 0.58		$ 0.77		$ 4.69		$ 3.77		$ 2.54
Continuing Operations [Member] | Corporate and Other [Member]
Revenues
Total revenues	[1],[2]																	$ 0		$ (5)		$ (2)
General and Administrative Expense [Member] | Unallocated amounts to segment [Member]
Fiscal Period Adjustment [Line Items]
Restructuring and Related Cost, Incurred Cost																		8		21
Costs associated with PH U.S. Acceleration Agreement																				13
General and Administrative Expense [Member] | Corporate and Other [Member]
Fiscal Period Adjustment [Line Items]
Restructuring and Related Cost, Incurred Cost																		8		23		67
Franchise and property expenses [Member] | Unallocated and General and administrative expenses [Domain]
Fiscal Period Adjustment [Line Items]
Costs associated with PH U.S. Acceleration Agreement																				31
Product [Member]
Revenues
Company sales		$ 477		$ 499		$ 512		$ 512		$ 890		$ 871		$ 909		$ 902		2,000		3,572		4,189
Product [Member] | UNITED STATES
Revenues
Company sales																		1,143
Product [Member] | Discontinued Operations [Member]
Revenues
Company sales	[3]																					5,667
Franchise and property revenue [Member]
Revenues
Company sales		709		605		584		584		$ 687		$ 565		$ 539		$ 515		2,482		2,306		2,167
Franchise and property revenue [Member] | Discontinued Operations [Member]
Revenues
Company sales	[3]																					109
Advertising [Member]
Revenues
Company sales		$ 372		$ 287		$ 272		$ 275										1,206		$ 0		$ 0
Advertising [Member] | UNITED STATES
Revenues
Company sales																		$ 706
[1]	Amounts have not been allocated to any segment for performance reporting purposes.
[2]	Represents costs associated with the KFC U.S. Acceleration Agreement and Pizza Hut U.S. Transformation Agreement. See Note 5.
[3]	Includes Yum China financial results from January 1, 2016 to October 31, 2016.
[4]	Includes $3 million of appreciation and $18 million
[5]	Includes $30 million
[6]	Includes net gains from refranchising initiatives of $156 million , $29 million , $100 million and $255 million
[7]	Includes net gains from refranchising initiatives of $111 million , $19 million , $201 million and $752 million

Uncategorized Items - yum10k123

Label	Element	Value
Shareholders' Equity [Member] | Difference between Revenue Guidance in Effect before and after Topic 606 [Member]
Stockholders' Equity Attributable to Parent	us-gaap_StockholdersEquity	$ (249,000,000)