Yum! Brands (YUM) 10-Q 6 May 20 2020 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2020	Apr. 28, 2020
Cover [Abstract]
Document Quarterly Report	true
Entity Incorporation, State or Country Code	NC
Entity Tax Identification Number	13-3951308
Trading Symbol	YUM
Security Exchange Name	NYSE
Entity Address, Address Line One	1441 Gardiner Lane,
Entity Address, City or Town	Louisville,
Entity Address, State or Province	KY
Entity Address, Postal Zip Code	40213
City Area Code	(502)
Local Phone Number	874-8300
Document Transition Report	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Registrant Name	YUM! BRANDS, INC.
Entity Central Index Key	0001041061
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	Common Stock, no par value
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2020
Entity File Number	1-13163
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		300,985,972

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Revenues
Total Revenues		$ 1,263	$ 1,254
Costs and Expenses, Net
Cost of Goods and Services Sold		298	272
Franchisor Costs		58	43
General and Administrative Expense		208	211
Cooperative Advertising Expense		310	301
Refranchising (gain) loss		(13)	(6)
Other (income) expense		152	0
Total costs and expenses, net		1,013	821
Operating Profit		250	433
Other investment (income) expense, net	[1]	34	16
Other pension (income) expense		3	3
Interest expense, net		118	115
Income Before Income Taxes		95	299
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest		95	299
Income Tax Expense (Benefit)		12	37
Net Income		$ 83	$ 262
Earnings Per Share, Basic		$ 0.28	$ 0.85
Diluted Earnings Per Common Share		0.27	0.83
Dividends Declared Per Common Share		$ 0.47	$ 0.42
Product [Member]
Revenues
Revenues		$ 355	$ 333
Franchise [Member]
Revenues
Revenues		596	612
Advertising [Member]
Revenues
Revenues		$ 312	$ 309
[1]	Includes changes in the value of Grubhub, Inc. common stock and other investments (see Note 13 ).

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax, Portion Attributable to Parent	$ (83)	$ (31)
Net Income (Loss) Attributable to Parent	83	262
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature
Adjustments and gains (losses) arising during the period	(102)	34
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature, before tax	(102)	34
Tax (expense) benefit	0	(4)
Translation adjustments and gains (losses) from intra-entity transactions of a long-term investment nature, net of tax	(102)	30
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, before Tax	0	0
Changes in pension and post-retirement benefits
Reclassification of (gains) losses into Net Income	5	4
Changes in pension and post-retirement benefits, before tax	5	4
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	(1)	(1)
Changes in pension and post-retirement benefits, net of tax	4	3
Unrealized gains (losses) arising during the period	(77)	(16)
Changes in derivative instruments
Reclassification of (gains) losses into Net Income	(6)	(15)
Tax (expense) benefit	20	8
Changes in derivative instruments, net of tax	(63)	(23)
Other comprehensive income (loss), net of tax	(161)	10
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ (78)	$ 272

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Statement of Cash Flows [Abstract]
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents		$ 1,310	$ 474
Cash Flows - Operating Activities
Net Income (Loss) Attributable to Parent		83	262
Depreciation and amortization		27	26
Asset Impairment Charges	[1]	140	0
Refranchising (gain) loss		(13)	(6)
Other investment (income) expense, net	[2]	34	16
Contributions to defined benefit pension plans		(1)	(9)
Deferred income taxes		(31)	(1)
Share-based compensation expense		18	17
Changes in accounts and notes receivable		25	14
Changes in prepaid expenses and other current assets		(17)	(13)
Changes in accounts payable and other current liabilities		(51)	(50)
Changes in income taxes payable		(11)	(5)
Other, net		35	49
Net Cash Provided by Operating Activities		238	300
Cash Flows - Investing Activities
Capital spending		(35)	(44)
Business Combination, Consideration Transferred		(408)	0
Proceeds from refranchising of restaurants		2	14
Other, net		0	(4)
Net Cash Used in Investing Activities		(441)	(34)
Cash Flows - Financing Activities
Proceeds from long-term debt		0	0
Repayments of long-term debt		(20)	(20)
Revolving credit facilities, three months or less, net		950	0
Short-term borrowings by original maturity
More than three months - proceeds		66	58
More than three months - payments		(44)	(41)
Three months or less, net		0	0
Repurchase shares of Common Stock		0	(109)
Dividends paid on Common Stock		(141)	(129)
Other, net		(13)	(37)
Net Cash Provided by (Used in) Financing Activities		798	(278)
Effect of Exchange Rates on Cash and Cash Equivalents		(53)	12
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect		542	$ 0
Cash and Cash Equivalents - End of Period		$ 1,154
[1]	(a) The quarter ended March 31, 2020 includes a charge of $139 million related to the impairment of Habit Burger Grill goodwill. See Note 2 .
[2]	Includes changes in the value of Grubhub, Inc. common stock and other investments (see Note 13 ).

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 1,154	$ 605
Accounts and notes receivable, net	511	584
Prepaid expenses and other current assets	326	338
Total Current Assets	1,991	1,527
Property, plant and equipment, net	1,252	1,170
Goodwill	596	530
Intangible assets, net	347	244
Other assets	1,398	1,313
Deferred Income Tax Assets, Net	501	447
Total Assets	6,085	5,231
Current Liabilities
Accounts payable and other current liabilities	928	960
Income taxes payable	125	150
Short-term borrowings	447	431
Total Current Liabilities	1,500	1,541
Long-term debt	11,059	10,131
Other liabilities and deferred credits	1,755	1,575
Total Liabilities	14,314	13,247
Shareholders' Equity
Common Stock, no par value, 750 shares authorized; 303 shares issued in 2019 and 306 issued in 2018	15	0
Retained Earnings (Accumulated Deficit)	(7,695)	(7,628)
Accumulated other comprehensive income (loss)	(549)	(388)
Total Shareholders' Deficit	(8,229)	(8,016)
Total Liabilities and Shareholders' Deficit	$ 6,085	$ 5,231

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) shares in Millions, $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Other assets	$ 1,398	$ 1,313
Total Liabilities and Shareholders’ Deficit	$ 6,085	$ 5,231
Common Stock, No Par Value	$ 0	$ 0
Common Stock, Shares Authorized	750	750
Common Stock, Shares, Issued	301	300

CONDENSED STATEMENT OF SHAREHOL

CONDENSED STATEMENT OF SHAREHOLDERS EQUITY Statement - USD ($) shares in Millions, $ in Millions	Total	AOCI Attributable to Parent [Member]	Common Stock [Member]	Retained Earnings [Member]	Accounting Standards Update 2016-13 [Member]	Balances with Adoption of Topic 842 [Member]	Retained Earnings [Member]Accounting Standards Update 2016-13 [Member]	Retained Earnings [Member]Balances with Adoption of Topic 842 [Member]
Stockholders' Equity Attributable to Parent	$ (7,926)	$ (334)	$ 0	$ (7,592)
Shares, Issued			306
Other Comprehensive Income (Loss), Foreign Currency Translation Gain (Loss) Arising During Period, Tax	(4)
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	(25)		$ (25)
Employee Stock Option and SARs Exercises, Value	(38)		$ (25)	(13)
Employee Stock Option and SARs Exercises, Shares			1
Stock Repurchased During Period, Value	(106)			(106)
Stock Repurchased During Period, Shares			(1)
Dividends, Common Stock	(129)			(129)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	(23)	(23)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	272
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	3	3
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax	30
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent		30
Net Income (Loss) Attributable to Parent	262			262
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax	0
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	(1)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	8
Stockholders' Equity Attributable to Parent	(7,904)	(324)	$ 0	(7,580)				$ (2)
Retained Earnings (Accumulated Deficit)						$ (2)
Shares, Issued			306
Stockholders' Equity Attributable to Parent	(8,016)	(388)	$ 0	(7,628)
Retained Earnings (Accumulated Deficit)	7,628
Shares, Issued			300
Other Comprehensive Income (Loss), Foreign Currency Translation Gain (Loss) Arising During Period, Tax	0
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	(28)		$ (28)
Employee Stock Option and SARs Exercises, Value	(13)		$ (13)
Employee Stock Option and SARs Exercises, Shares			1
Stock Repurchased During Period, Value	0
Dividends, Common Stock	(142)			(142)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	(63)	(63)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	(78)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	4	4
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax	(102)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent		(102)
Net Income (Loss) Attributable to Parent	83			83
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax	0
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax	(1)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	20
Stockholders' Equity Attributable to Parent	(8,229)						$ (8)
Retained Earnings (Accumulated Deficit)	$ 7,695				$ (8)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest		$ (549)	$ 15	$ (7,695)
Shares, Issued			301

Financial Statement Presentatio

Financial Statement Presentation	3 Months Ended
	Mar. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Financial Statement Presentation	Financial Statement Presentation We have prepared our accompanying unaudited Condensed Consolidated Financial Statements (“Financial Statements”) in accordance with the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by Generally Accepted Accounting Principles in the United States (“GAAP”) for complete financial statements. Therefore, we suggest that the accompanying Financial Statements be read in conjunction with the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2019 (“ 2019 Form 10-K”). Yum! Brands, Inc. and its Subsidiaries (collectively referred to herein as the “Company,” “YUM,” “we,” “us” or “our”) franchise or operate a system of over 50,000 restaurants in more than 150 countries and territories. As of March 31, 2020 , 98% of these restaurants were owned and operated by franchisees. The Company’s KFC, Pizza Hut and Taco Bell brands are global leaders of the chicken, pizza and Mexican-style food categories, respectively. The Habit Burger Grill, a concept we acquired on March 18, 2020, is a fast-casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. As of March 31, 2020 , YUM consisted of four 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 • The Habit Burger Grill Division which includes our worldwide operations of the Habit Burger Grill concept YUM's fiscal year begins on January 1 and ends December 31 of each year, with each quarter comprised of three months. The majority of our U.S. subsidiaries and certain international subsidiaries operate on a weekly periodic calendar where the first three quarters of each fiscal year consists of 12 weeks and the fourth quarter consists of 16 weeks in fiscal years with 52 weeks and 17 weeks in fiscal years with 53 weeks. Our remaining international subsidiaries operate on a monthly calendar similar to that on which YUM operates. Our Habit Burger Grill Division operates on a weekly periodic calendar where each quarter consists of 13 weeks, except in fiscal years with 53 weeks when the fourth quarter consists of 14 weeks. Our preparation of the accompanying Financial Statements in conformity with GAAP requires us to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the Financial Statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. The accompanying Financial Statements include all normal and recurring adjustments considered necessary to present fairly, when read in conjunction with our 2019 Form 10-K, the results of the interim periods presented. Our results of operations, comprehensive income, cash flows and changes in shareholders' deficit for these interim periods are not necessarily indicative of the results to be expected for the full year. Our significant interim accounting policies include the recognition of advertising and marketing costs, generally in proportion to revenue, and the recognition of income taxes using an estimated annual effective tax rate. We have reclassified certain other items in the Financial Statements for the prior periods to be comparable with the classification for the quarter ended March 31, 2020 . These reclassifications had no effect on previously reported Net Income. COVID-19 In late 2019, a novel strain of coronavirus, COVID-19, was first detected. In March 2020, the World Health Organization declared COVID-19 a global pandemic, and governmental authorities around the world have implemented measures to reduce the spread of COVID-19. We and our franchisees have experienced significant store closures and instances of reduced store-level operations, including reduced operating hours and dining-room closures, due to COVID-19. In markets where governments have imposed restrictions on travel outside of the home, or where customers are practicing social distancing, restaurant traffic has also been significantly negatively impacted, with a significant portion of stores providing only delivery and takeaway services. The impacts of COVID-19 significantly impacted our results in the quarter ended March 31, 2020. As a result of the impact of COVID-19 on the Habit Burger Grill's results as well as general market conditions, we recognized an after-tax goodwill impairment charge of $107 million during the quarter ended March 31, 2020 related to our Habit Burger Grill reporting unit (See Note 2 ). There were no other significant impairments recorded during the quarter. Due to the uncertainty surrounding our current assumptions regarding the expected severity and duration of the impact of COVID-19 on our and our franchisees' operations, we currently believe it is reasonably possible that certain significant estimates underlying long-lived asset and goodwill impairment evaluations as well as expected credit loss assessments within these Financial Statements will change in the near term. The effect of such a change may be material. Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued a standard that requires measurement and recognition of expected versus incurred credit losses for financial assets held. As required, we adopted this standard on January 1, 2020 which resulted in the recording of a cumulative adjustment to Accumulated deficit of $8 million primarily to establish an expected credit loss liability for the contingent aspect of our financial guarantees. Substantially all of our financial guarantees relate to lease payments that our franchisees are primarily liable for and for which we are secondarily liable. See Note 14 . Upon adoption of the standard the Company's accounting policy for the measurement of credit losses related to our primary financial asset, our receivables from our franchisees, is as shown below. Expected credit losses for uncollectible franchisee receivable balances consider both current conditions and reasonable and supportable forecasts of future conditions. Current conditions we consider include pre-defined aging criteria as well as specified events that indicate we may not collect the balance due. Reasonable and supportable forecasts used in determining the probability of future collection consider publicly available data regarding default probability. In January 2017, the FASB issued a standard that eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Instead, an impairment charge is recognized based on the excess of a reporting unit’s carrying amount over its fair value. We adopted this standard, which requires prospective application, beginning with the quarter ended March 31, 2020. As a result, the goodwill impairment charge related to our Habit Burger Grill reporting unit (See Note 2

Earnings Per Common Share ("EPS

Earnings Per Common Share ("EPS")	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Earnings Per Common Share (EPS)	Earnings Per Common Share (“EPS”) Quarter ended 2020 2019 Net Income $ 83 $ 262 Weighted-average common shares outstanding (for basic calculation) 302 308 Effect of dilutive share-based employee compensation 5 7 Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) 307 315 Basic EPS $ 0.28 $ 0.85 Diluted EPS $ 0.27 $ 0.83 Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation (a) 4.2 1.3 (a) 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.

Shareholders' Deficit

Shareholders' Deficit	3 Months Ended
	Mar. 31, 2020
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Accumulated Other Comprehensive Loss (“AOCI”) Changes in AOCI are presented below. Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature Pension and Post-Retirement Benefits Derivative Instruments Total Balance at December 31, 2019, net of tax $ (221 ) $ (104 ) $ (63 ) $ (388 ) OCI, net of tax Gains (losses) arising during the period classified into AOCI, net of tax (102 ) — (58 ) (160 ) (Gains) losses reclassified from AOCI, net of tax — 4 (5 ) (1 ) (102 ) 4 (63 ) (161 ) Balance at March 31, 2020, net of tax $ (323 ) $ (100 ) $ (126 ) $ (549 )

Other (Income) Expense

Other (Income) Expense	3 Months Ended
	Mar. 31, 2020
Other Income and Expenses [Abstract]
Other (Income) Expense	Other (Income) Expense Quarter ended 3/31/2020 3/31/2019 Foreign exchange net (gain) loss and other $ 12 $ — Closure and impairment expense (a) 140 — Other (income) expense $ 152 $ — (a) The quarter ended March 31, 2020 includes a charge of $139 million related to the impairment of Habit Burger Grill goodwill. See Note 2

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	3 Months Ended
	Mar. 31, 2020
Supplemental Balance Sheet Information Disclosure [Abstract]
Supplemental Balance Sheet Information	Supplemental Balance Sheet Information Accounts and Notes Receivable, net 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 are generally due within 30 days of the period in which the corresponding sales occur and are classified as Accounts and notes receivable, net in our Condensed Consolidated Balance Sheets. Accounts and notes receivable, net also includes receivables generated from advertising cooperatives that we consolidate. 3/31/2020 12/31/2019 Accounts and notes receivable, gross $ 612 $ 656 Allowance for doubtful accounts (101 ) (72 ) Accounts and notes receivable, net $ 511 $ 584 Property, Plant and Equipment, net 3/31/2020 12/31/2019 Property, plant and equipment, gross $ 2,366 $ 2,306 Accumulated depreciation and amortization (1,114 ) (1,136 ) Property, plant and equipment, net $ 1,252 $ 1,170 Assets held-for-sale totaled $19 million and $25 million , respectively, as of March 31, 2020 and December 31, 2019 and are included in Prepaid expenses and other current assets in our Condensed Consolidated Balance Sheets. Other Assets 3/31/2020 12/31/2019 Operating lease right-of-use assets $ 773 $ 642 Investment in Grubhub, Inc. common stock 115 137 Franchise incentives 174 174 Other 336 360 Other assets $ 1,398 $ 1,313 Reconciliation of Cash and Cash Equivalents for Condensed Consolidated Statements of Cash Flows 3/31/2020 12/31/2019 Cash and cash equivalents as presented in Condensed Consolidated Balance Sheets $ 1,154 $ 605 Restricted cash included in Prepaid expenses and other current assets (a) 126 138 Restricted cash and restricted cash equivalents included in Other assets (b) 30 25 Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents as presented in Condensed Consolidated Statements of Cash Flows $ 1,310 $ 768 (a) Restricted cash within Prepaid expenses and other current assets reflects Taco Bell Securitization interest reserves and the cash related to advertising cooperatives which we consolidate that can only be used to settle obligations of the respective cooperatives. (b) Primarily trust accounts related to our self-insurance program.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Quarter ended 2020 2019 Income tax provision $ 12 $ 37 Effective tax rate 12.5 % 12.3 % Our effective tax rate is lower than the U.S. federal statutory tax rate of 21% primarily due to the favorable impact of excess tax benefits associated with share based compensation.

Revenue Recognition Accounting

Revenue Recognition Accounting Policy	3 Months Ended
	Mar. 31, 2020
Revenue Recognition and Deferred Revenue [Abstract]
Revenue Recognition	Revenue Recognition Disaggregation of Total Revenues The following tables disaggregate 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. Quarter ended 3/31/2020 KFC Division Pizza Hut Division Taco Bell Division Habit Burger Grill Division Total U.S. Company sales $ 16 $ 5 $ 198 $ 9 $ 228 Franchise revenues 38 62 131 — 231 Property revenues 4 1 10 — 15 Franchise contributions for advertising and other services 4 70 107 — 181 China Franchise revenues 47 10 — — 57 Other Company sales 114 13 — — 127 Franchise revenues 212 59 7 — 278 Property revenues 14 1 — — 15 Franchise contributions for advertising and other services 117 14 — — 131 $ 566 $ 235 $ 453 $ 9 $ 1,263 Quarter ended 3/31/2019 KFC Division Pizza Hut Division Taco Bell Division Total U.S. Company sales $ 16 $ 5 $ 196 $ 217 Franchise revenues 38 67 128 233 Property revenues 6 2 10 18 Franchise contributions for advertising and other services 2 74 104 180 China Franchise revenues 56 15 — 71 Other Company sales 109 6 1 116 Franchise revenues 205 60 6 271 Property revenues 18 1 — 19 Franchise contributions for advertising and other services 116 13 — 129 $ 566 $ 243 $ 445 $ 1,254 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 2020 is presented below. Deferred Franchise Fees Balance at December 31, 2019 $ 441 Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period (19 ) Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period 15 Other (a) (13 ) Balance at March 31, 2020 $ 424 (a) Primarily includes impact of foreign currency translation. We expect to recognize contract liabilities as revenue over the remaining term of the associated franchise agreement as follows: Less than 1 year $ 63 1 - 2 years 58 2 - 3 years 54 3 - 4 years 49 4 - 5 years 44 Thereafter 156 Total $ 424

Reportable Operating Segments

Reportable Operating Segments	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Reportable Operating Segments	Reportable Operating Segments We identify our operating segments based on management responsibility. The following tables summarize Revenues and Operating Profit for each of our reportable operating segments: Quarter ended Revenues 2020 2019 KFC Division $ 566 $ 566 Pizza Hut Division 235 243 Taco Bell Division 453 445 Habit Burger Grill Division 9 — $ 1,263 $ 1,254 Quarter ended Operating Profit 2020 2019 KFC Division $ 224 $ 236 Pizza Hut Division 76 97 Taco Bell Division 144 138 Habit Burger Grill Division (2 ) — Corporate and unallocated G&A expenses (a) (50 ) (43 ) Unallocated Company restaurant expenses (1 ) — Unallocated Franchise and property expenses (2 ) (1 ) Unallocated Refranchising gain (loss) 13 6 Unallocated Other income (expense) (See Note 5) (152 ) — Operating Profit $ 250 $ 433 Investment income (expense), net (b) (34 ) (16 ) Other pension income (expense) (See Note 10) (3 ) (3 ) Interest expense, net (118 ) (115 ) Income before income taxes $ 95 $ 299 Our chief operating decision maker ( “ CODM ” ) does not consider the impact of Corporate and unallocated amounts when assessing Divisional segment performance. As such, we do not allocate such amounts to our Divisional segments for performance reporting purposes. (a) Includes $6 million in costs related to our acquisition of Habit Burger Grill in the quarter ended March 31, 2020 . (b) Includes changes in the value of Grubhub, Inc. common stock and other investments (see Note 13

Pension Benefits

Pension Benefits	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
Pension Benefits	Pension Benefits We sponsor qualified and supplemental (non-qualified) noncontributory defined benefit pension plans covering certain full-time salaried and hourly U.S. employees. The most significant of these plans, the YUM Retirement Plan (the “ Plan ” ), is funded. We fund our other U.S. plan as benefits are paid. The Plan and our most significant non-qualified plan in the U.S. are closed to new salaried participants. The components of net periodic benefit cost associated with our significant U.S. pension plans are as follows: Quarter ended 2020 2019 Service cost $ 2 $ 2 Interest cost 9 10 Expected return on plan assets (11 ) (11 ) Amortization of net loss 4 — Amortization of prior service cost 1 1 Net periodic benefit cost $ 5 $ 2 Additional loss recognized due to settlements (a) $ — $ 2 (a) Loss is a result of settlement transactions which exceeded the sum of annual service and interest costs for the applicable plan. These losses were recorded in Other pension (income) expense.

Short-term Borrowings and Long-

Short-term Borrowings and Long-term Debt	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Short-term Borrowings and Long-term Debt	Short-term Borrowings and Long-term Debt Short-term Borrowings 3/31/2020 12/31/2019 Current maturities of long-term debt $ 440 $ 437 Other 17 4 457 441 Less current portion of debt issuance costs and discounts (10 ) (10 ) Short-term borrowings $ 447 $ 431 Long-term Debt Securitization Notes $ 2,891 $ 2,898 Subsidiary Senior Unsecured Notes 2,850 2,850 Revolving Facility 950 — Term Loan A Facility 456 463 Term Loan B Facility 1,931 1,935 YUM Senior Unsecured Notes 2,425 2,425 Other 10 — Finance lease obligations 67 77 $ 11,580 $ 10,648 Less debt issuance costs and discounts (81 ) (80 ) Less current maturities of long-term debt (440 ) (437 ) Long-term debt $ 11,059 $ 10,131 Details of our short-term borrowings and long-term debt as of December 31, 2019 can be found within our 2019 Form 10-K. Cash paid for interest during both the quarters ended March 31, 2020 and 2019 was $72 million . On March 24, 2020 we borrowed $525 million under our Revolving Facility in order to increase our liquidity position in light of the impacts on our business from the COVID-19 pandemic. This borrowing, together with $425 million borrowed under the Revolving Facility on March 18, 2020 to fund amounts associated with the acquisition of The Habit Restaurants, Inc., resulted in an aggregate of $950 million outstanding under the Revolving Facility as of March 31, 2020. YUM Senior Unsecured Note Issuance Subsequent to the end of the first quarter, on April 1, 2020, YUM! Brands, Inc. issued $600 million aggregate principal amount of 7.75% YUM Senior Unsecured Notes due April 1, 2025 (the “2025 Notes”). The net proceeds from the issuance were used to pay the fees and expenses of the offering with remaining amounts to be used for general corporate purposes. Interest on the 2025 Notes is payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2020. The indenture governing the 2025 Notes contains covenants and events of default that are customary for debt securities of this type, including cross-default provisions whereby the acceleration of the maturity of any of our indebtedness in a principal amount of $100 million or more or the failure to pay the principal of such indebtedness at its stated maturity will constitute an event of default under the 2025 Notes unless such indebtedness is discharged, or the acceleration of the maturity of that indebtedness is annulled, within 30 days after notice.

Derivative Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	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 have entered 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 under our Term Loan B Facility. At both March 31, 2020 and December 31, 2019 , our interest rate swaps expiring in July 2021 had notional amounts of $1.55 billion and our interest rate swaps expiring in March 2025 had notional amounts of $1.5 billion . These interest rate swaps are designated cash flow hedges as the changes in the future cash flows of the swaps 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 March 31, 2020 or December 31, 2019 . Gains or losses on the interest rate swaps are reported as a component of AOCI and reclassified into Interest expense, net in our Condensed Consolidated Statements of Income in the same period or periods during which the related hedged interest payments affect earnings. Through March 31, 2020 , 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 March 31, 2020 , all foreign currency contracts related to intercompany receivables and payables were highly effective cash flow hedges. As of March 31, 2020 and December 31, 2019 , outstanding foreign currency contracts related to intercompany receivables and payables had total notional amounts of $53 million and $20 million , respectively. These foreign currency forward contracts have durations that expire in 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 March 31, 2020 , 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: Quarter ended Gains/(Losses) Recognized in OCI (Gains)/Losses Reclassified from AOCI into Net Income 2020 2019 2020 2019 Interest rate swaps $ (83 ) $ (27 ) $ 2 $ (5 ) Foreign currency contracts 6 11 (8 ) (10 ) Income tax benefit/(expense) 19 5 1 3 As of March 31, 2020 , the estimated net loss included in AOCI related to our cash flow hedges that will be reclassified into earnings in the next 12 months is $6 million , based on current LIBOR interest rates. See Note 13 for the fair value of our derivative assets and liabilities.

Fair Value Disclosures

Fair Value Disclosures	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Disclosures As of March 31, 2020 , the carrying values of cash and cash equivalents, restricted cash, short-term investments, accounts receivable, short-term borrowings and accounts payable and borrowings under our Revolving Facility 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 reserves for expected losses, approximates their carrying value. The following table presents the carrying value and estimated fair value of the Company’s debt obligations: 3/31/2020 12/31/2019 Carrying Value Fair Value (Level 2) Carrying Value Fair Value (Level 2) Securitization Notes (a) $ 2,891 $ 2,771 $ 2,898 $ 3,040 Subsidiary Senior Unsecured Notes (b) 2,850 2,829 2,850 3,004 Term Loan A Facility (b) 456 421 463 464 Term Loan B Facility (b) 1,931 1,792 1,935 1,949 YUM Senior Unsecured Notes (b) 2,425 2,350 2,425 2,572 (a) We estimated the fair value of the Securitization Notes by obtaining broker quotes from two separate brokerage firms that are knowledgeable about 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, Inc. 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). 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 Condensed Consolidated Balance Sheet Level 3/31/2020 12/31/2019 Assets Interest Rate Swaps Prepaid expenses and other current assets 2 $ — $ 6 Foreign Currency Contracts Prepaid expenses and other current assets 2 6 — Interest Rate Swaps Other assets 2 — 3 Investment in Grubhub, Inc. Common Stock Other assets 1 115 137 Other Investments Other assets 1 31 43 Liabilities Interest Rate Swaps Accounts payable and other current liabilities 2 12 — Interest Rate Swaps Other liabilities and deferred credits 2 131 71 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 our investment in 2.8 million shares of Grubhub, Inc. common stock we own was determined primarily based on closing market prices for the shares. The other investments primarily include investments in mutual funds, which are used to offset fluctuations for a portion of our deferred compensation liabilities and whose fair values were determined based on the closing market prices of the respective mutual funds as of March 31, 2020 and December 31, 2019 .

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Guarantees, Commitments and 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 March 31, 2020 , the potential amount of undiscounted payments we could be required to make in the event of non-payment by the primary lessee was approximately $450 million . The present value of these potential payments discounted at our pre-tax cost of debt at March 31, 2020 , was approximately $350 million . Our franchisees are the primary lessees under the vast majority of these leases. We generally have cross-default provisions with these franchisees that would put them in default of their franchise agreement in the event of non-payment under the lease. We believe these cross-default provisions significantly reduce the risk that we will be required to make payments under these leases. Accordingly, the liability recorded for our expected losses under such leases as of March 31, 2020 was not material. Legal Proceedings We are subject to various claims and contingencies related to lawsuits, real estate, environmental and other matters arising in the normal course of business. An accrual is recorded with respect to claims or contingencies for which a loss is determined to be probable and reasonably estimable. Yum! Restaurants India Private Limited (“YRIPL”), a Yum subsidiary that operates KFC and Pizza Hut restaurants in India, is the subject of a regulatory enforcement action in India (the “Action”). The Action alleges, among other things, that KFC International Holdings, Inc. and Pizza Hut International failed to satisfy certain conditions imposed by the Secretariat for Industrial Approval in 1993 and 1994 when those companies were granted permission for foreign investment and operation in India. The conditions at issue include an alleged minimum investment commitment and store build requirements as well as limitations on the remittance of fees outside of India. The Action originated with a complaint and show-cause notice filed in 2009 against YRIPL by the Deputy Director of the Directorate of Enforcement (“DOE”) of the Indian Ministry of Finance following an income tax audit for the years 2002 and 2003. The matter was argued at various hearings in 2015, but no order was issued. Following a change in the incumbent official holding the position of Special Director of DOE (the “Special Director”), the matter resumed in 2018 and several additional hearings were conducted. On January 29, 2020, the Special Director issued an order imposing a penalty on YRIPL and certain former directors of approximately Indian Rupee 11 billion, or approximately $150 million. Of this amount, approximately $145 million relates to the alleged failure to invest a total of $80 million in India within an initial seven-year period. We have been advised by external counsel that the order is flawed and have filed a writ petition with the Delhi High Court, which granted an interim stay of the penalty order on March 5, 2020. The stay order continues through the date of the next hearing with the Delhi High Court scheduled for June 16, 2020. We deny liability and intend to continue vigorously defending this matter. We do not consider the risk of any significant loss arising from this order to be probable. We are currently engaged in various other legal proceedings and have certain unresolved claims pending, the ultimate liability for which, if any, cannot be determined at this time. However, based upon consultation with legal counsel, we are of the opinion that such proceedings and claims are not expected to have a material adverse effect, individually or in the aggregate, on our Condensed Consolidated Financial Statements.

Note 3. Earnings Per Common Sha

Note 3. Earnings Per Common Share ("EPS") Earnings Per Common Share ("EPS") (Tables)	3 Months Ended
	Mar. 31, 2020
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Quarter ended 2020 2019 Net Income $ 83 $ 262 Weighted-average common shares outstanding (for basic calculation) 302 308 Effect of dilutive share-based employee compensation 5 7 Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) 307 315 Basic EPS $ 0.28 $ 0.85 Diluted EPS $ 0.27 $ 0.83 Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation (a) 4.2 1.3 (a) 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.

Shareholders' Deficit (Tables)

Shareholders' Deficit (Tables)	3 Months Ended
	Mar. 31, 2020
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	Changes in AOCI are presented below. Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature Pension and Post-Retirement Benefits Derivative Instruments Total Balance at December 31, 2019, net of tax $ (221 ) $ (104 ) $ (63 ) $ (388 ) OCI, net of tax Gains (losses) arising during the period classified into AOCI, net of tax (102 ) — (58 ) (160 ) (Gains) losses reclassified from AOCI, net of tax — 4 (5 ) (1 ) (102 ) 4 (63 ) (161 ) Balance at March 31, 2020, net of tax $ (323 ) $ (100 ) $ (126 ) $ (549 )
Repurchase Of Shares Of Common Stock

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Tables)	3 Months Ended
	Mar. 31, 2020
Supplemental Balance Sheet Information Disclosure [Abstract]
Schedule of Cash and Cash Equivalents [Table Text Block]	3/31/2020 12/31/2019 Cash and cash equivalents as presented in Condensed Consolidated Balance Sheets $ 1,154 $ 605 Restricted cash included in Prepaid expenses and other current assets (a) 126 138 Restricted cash and restricted cash equivalents included in Other assets (b) 30 25 Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents as presented in Condensed Consolidated Statements of Cash Flows $ 1,310 $ 768 (a) Restricted cash within Prepaid expenses and other current assets reflects Taco Bell Securitization interest reserves and the cash related to advertising cooperatives which we consolidate that can only be used to settle obligations of the respective cooperatives. (b) Primarily trust accounts related to our self-insurance program.
Accounts and Notes Receivable	3/31/2020 12/31/2019 Accounts and notes receivable, gross $ 612 $ 656 Allowance for doubtful accounts (101 ) (72 ) Accounts and notes receivable, net $ 511 $ 584
Property, Plant and Equipment	3/31/2020 12/31/2019 Property, plant and equipment, gross $ 2,366 $ 2,306 Accumulated depreciation and amortization (1,114 ) (1,136 ) Property, plant and equipment, net $ 1,252 $ 1,170

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Income Tax And Effective Tax Rate	Quarter ended 2020 2019 Income tax provision $ 12 $ 37 Effective tax rate 12.5 % 12.3 %

Revenue Recognition Accountin_2

Revenue Recognition Accounting Policy (Tables)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenue Recognition and Deferred Revenue [Abstract]
Disaggregation of Revenue [Table Text Block]	The following tables disaggregate 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. Quarter ended 3/31/2020 KFC Division Pizza Hut Division Taco Bell Division Habit Burger Grill Division Total U.S. Company sales $ 16 $ 5 $ 198 $ 9 $ 228 Franchise revenues 38 62 131 — 231 Property revenues 4 1 10 — 15 Franchise contributions for advertising and other services 4 70 107 — 181 China Franchise revenues 47 10 — — 57 Other Company sales 114 13 — — 127 Franchise revenues 212 59 7 — 278 Property revenues 14 1 — — 15 Franchise contributions for advertising and other services 117 14 — — 131 $ 566 $ 235 $ 453 $ 9 $ 1,263	Quarter ended 3/31/2019 KFC Division Pizza Hut Division Taco Bell Division Total U.S. Company sales $ 16 $ 5 $ 196 $ 217 Franchise revenues 38 67 128 233 Property revenues 6 2 10 18 Franchise contributions for advertising and other services 2 74 104 180 China Franchise revenues 56 15 — 71 Other Company sales 109 6 1 116 Franchise revenues 205 60 6 271 Property revenues 18 1 — 19 Franchise contributions for advertising and other services 116 13 — 129 $ 566 $ 243 $ 445 $ 1,254
Deferred Franchise Fees [Table Text Block]	A summary of significant changes to the contract liability balance during 2020 is presented below. Deferred Franchise Fees Balance at December 31, 2019 $ 441 Revenue recognized that was included in unamortized upfront fees received from franchisees at the beginning of the period (19 ) Increase for upfront fees associated with contracts that became effective during the period, net of amounts recognized as revenue during the period 15 Other (a) (13 ) Balance at March 31, 2020 $ 424
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 $ 63 1 - 2 years 58 2 - 3 years 54 3 - 4 years 49 4 - 5 years 44 Thereafter 156 Total $ 424

Reportable Operating Segments (

Reportable Operating Segments (Tables)	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following tables summarize Revenues and Operating Profit for each of our reportable operating segments: Quarter ended Revenues 2020 2019 KFC Division $ 566 $ 566 Pizza Hut Division 235 243 Taco Bell Division 453 445 Habit Burger Grill Division 9 — $ 1,263 $ 1,254 Quarter ended Operating Profit 2020 2019 KFC Division $ 224 $ 236 Pizza Hut Division 76 97 Taco Bell Division 144 138 Habit Burger Grill Division (2 ) — Corporate and unallocated G&A expenses (a) (50 ) (43 ) Unallocated Company restaurant expenses (1 ) — Unallocated Franchise and property expenses (2 ) (1 ) Unallocated Refranchising gain (loss) 13 6 Unallocated Other income (expense) (See Note 5) (152 ) — Operating Profit $ 250 $ 433 Investment income (expense), net (b) (34 ) (16 ) Other pension income (expense) (See Note 10) (3 ) (3 ) Interest expense, net (118 ) (115 ) Income before income taxes $ 95 $ 299 Our chief operating decision maker ( “ CODM ” ) does not consider the impact of Corporate and unallocated amounts when assessing Divisional segment performance. As such, we do not allocate such amounts to our Divisional segments for performance reporting purposes. (a) Includes $6 million in costs related to our acquisition of Habit Burger Grill in the quarter ended March 31, 2020 . (b) Includes changes in the value of Grubhub, Inc. common stock and other investments (see Note 13

Pension Benefits (Tables)

Pension Benefits (Tables)	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
Components of Net Periodic Benefit Cost	The components of net periodic benefit cost associated with our significant U.S. pension plans are as follows: Quarter ended 2020 2019 Service cost $ 2 $ 2 Interest cost 9 10 Expected return on plan assets (11 ) (11 ) Amortization of net loss 4 — Amortization of prior service cost 1 1 Net periodic benefit cost $ 5 $ 2 Additional loss recognized due to settlements (a) $ — $ 2 (a) Loss is a result of settlement transactions which exceeded the sum of annual service and interest costs for the applicable plan. These losses were recorded in Other pension (income) expense.

Short-term Borrowings and Lon_2

Short-term Borrowings and Long-term Debt (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Schedule of Short-term Borrowings and Long-term Debt	Short-term Borrowings 3/31/2020 12/31/2019 Current maturities of long-term debt $ 440 $ 437 Other 17 4 457 441 Less current portion of debt issuance costs and discounts (10 ) (10 ) Short-term borrowings $ 447 $ 431 Long-term Debt Securitization Notes $ 2,891 $ 2,898 Subsidiary Senior Unsecured Notes 2,850 2,850 Revolving Facility 950 — Term Loan A Facility 456 463 Term Loan B Facility 1,931 1,935 YUM Senior Unsecured Notes 2,425 2,425 Other 10 — Finance lease obligations 67 77 $ 11,580 $ 10,648 Less debt issuance costs and discounts (81 ) (80 ) Less current maturities of long-term debt (440 ) (437 ) Long-term debt $ 11,059 $ 10,131 3/31/2020 12/31/2019 Carrying Value Fair Value (Level 2) Carrying Value Fair Value (Level 2) Securitization Notes (a) $ 2,891 $ 2,771 $ 2,898 $ 3,040 Subsidiary Senior Unsecured Notes (b) 2,850 2,829 2,850 3,004 Term Loan A Facility (b) 456 421 463 464 Term Loan B Facility (b) 1,931 1,792 1,935 1,949 YUM Senior Unsecured Notes (b) 2,425 2,350 2,425 2,572 (a) We estimated the fair value of the Securitization Notes by obtaining broker quotes from two separate brokerage firms that are knowledgeable about 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.

Derivative Instruments (Tables)

Derivative Instruments (Tables)	3 Months Ended
	Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Gains and losses on derivative instruments designated as cash flow hedges recognized in other comprehensive income and reclassifications from AOCI to earnings	Gains and losses on derivative instruments designated as cash flow hedges recognized in OCI and reclassifications from AOCI into Net Income: Quarter ended Gains/(Losses) Recognized in OCI (Gains)/Losses Reclassified from AOCI into Net Income 2020 2019 2020 2019 Interest rate swaps $ (83 ) $ (27 ) $ 2 $ (5 ) Foreign currency contracts 6 11 (8 ) (10 ) Income tax benefit/(expense) 19 5 1 3

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Schedule of Short-term Borrowings and Long-term Debt	Short-term Borrowings 3/31/2020 12/31/2019 Current maturities of long-term debt $ 440 $ 437 Other 17 4 457 441 Less current portion of debt issuance costs and discounts (10 ) (10 ) Short-term borrowings $ 447 $ 431 Long-term Debt Securitization Notes $ 2,891 $ 2,898 Subsidiary Senior Unsecured Notes 2,850 2,850 Revolving Facility 950 — Term Loan A Facility 456 463 Term Loan B Facility 1,931 1,935 YUM Senior Unsecured Notes 2,425 2,425 Other 10 — Finance lease obligations 67 77 $ 11,580 $ 10,648 Less debt issuance costs and discounts (81 ) (80 ) Less current maturities of long-term debt (440 ) (437 ) Long-term debt $ 11,059 $ 10,131 3/31/2020 12/31/2019 Carrying Value Fair Value (Level 2) Carrying Value Fair Value (Level 2) Securitization Notes (a) $ 2,891 $ 2,771 $ 2,898 $ 3,040 Subsidiary Senior Unsecured Notes (b) 2,850 2,829 2,850 3,004 Term Loan A Facility (b) 456 421 463 464 Term Loan B Facility (b) 1,931 1,792 1,935 1,949 YUM Senior Unsecured Notes (b) 2,425 2,350 2,425 2,572 (a) We estimated the fair value of the Securitization Notes by obtaining broker quotes from two separate brokerage firms that are knowledgeable about 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.
Schedule of Fair Value, Assets and Liabilities Measured on 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 Condensed Consolidated Balance Sheet Level 3/31/2020 12/31/2019 Assets Interest Rate Swaps Prepaid expenses and other current assets 2 $ — $ 6 Foreign Currency Contracts Prepaid expenses and other current assets 2 6 — Interest Rate Swaps Other assets 2 — 3 Investment in Grubhub, Inc. Common Stock Other assets 1 115 137 Other Investments Other assets 1 31 43 Liabilities Interest Rate Swaps Accounts payable and other current liabilities 2 12 — Interest Rate Swaps Other liabilities and deferred credits 2 131 71

Financial Statement Presentat_2

Financial Statement Presentation (Details) $ in Millions		3 Months Ended
		Mar. 31, 2020USD ($)Monthsoperating_segmentsrestaurantscountries_and_territioriesRate	Dec. 31, 2019USD ($)
Number of Reportable Segments | operating_segments		4
Number of Countries in which Entity Operates | countries_and_territiories		150
Number of Stores | restaurants		50,000
Percent Of System Units Located Outside United States | Rate		98.00%
Asset Impairment Charges	[1]	$ 107
Fiscal period months standard for each quarter | Months		3
Retained Earnings (Accumulated Deficit)		$ (7,695)	$ (7,628)
Accounting Standards Update 2016-13 [Member]
Retained Earnings (Accumulated Deficit)		$ 8
[1]	(a) The quarter ended March 31, 2020 includes a charge of $139 million related to the impairment of Habit Burger Grill goodwill. See Note 2 .

Note 2. Habit Burger Acquisitio

Note 2. Habit Burger Acquisition (Details) $ in Millions		3 Months Ended
		Mar. 31, 2020USD ($)restaurants	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)
Business Acquisition [Line Items]
Number of Stores | restaurants		50,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets		$ 12
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents		20
Asset Impairment Charges	[1]	140	$ 0
Income Tax Expense (Benefit)		12	37
Business Acquisition, Goodwill, Expected Tax Deductible Amount		200
Business Combination, Recognized Identifiable Asset Acquired and Liability Assumed, Lease Obligation		225
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		129
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets		98
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets		22
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets		424
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities		(68)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other		(2)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities		(235)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net		189
Goodwill		596		$ 530
Business Combination, Consideration Transferred		408	$ 0
Goodwill impairment tax benefit [Member]
Business Acquisition [Line Items]
Income Tax Expense (Benefit)		32
The Habit Burger Grill [Member]
Business Acquisition [Line Items]
Lessor, Operating Lease, Lease Not yet Commenced, Assumption and Judgment, Value of Underlying Asset, Amount		25
Share-based Payment Arrangement, Cash Used to Settle Award		9
Amounts Payable Under Tax Receivable Agreement		53
Goodwill		$ 219
The Habit Burger Grill [Member] | Company Owned Stores [Member]
Business Acquisition [Line Items]
Number of Stores | restaurants		245
The Habit Burger Grill [Member] | Franchisee Owned Stores [Member]
Business Acquisition [Line Items]
Number of Stores | restaurants		31
Lease Agreements [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Asset Acquired and Liability Assumed, Lease Obligation		$ (165)
Goodwill [Member]
Business Acquisition [Line Items]
Asset Impairment Charges	[1]	139
Lease Agreements [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 163
[1]	(a) The quarter ended March 31, 2020 includes a charge of $139 million related to the impairment of Habit Burger Grill goodwill. See Note 2 .

Earnings Per Common Share ("E_2

Earnings Per Common Share ("EPS") (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Net Income - YUM! Brands, Inc.		$ 83	$ 262
Weighted-average common shares outstanding (for basic calculation)		302	308
Effect of dilutive share-based employee compensation		5	7
Weighted-average common and dilutive potential common shares outstanding (for diluted calculation)		307	315
Basic EPS		$ 0.28	$ 0.85
Diluted EPS		$ 0.27	$ 0.83
Unexercised employee stock options and stock appreciation rights (in millions) excluded from the diluted EPS computation	[1]	4.2	1.3
[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.

Shareholders' Deficit (Details)

Shareholders' Deficit (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Repurchase Of Shares Of Common Stock [Line Items]
Dollar Value of Shares Repurchased	$ 0	$ 106

Shareholders' Deficit (Details

Shareholders' Deficit (Details 2) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Schedule of changes in accumulated comprehensive income [Line Items]
Beginning Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (388)
Gains (losses) arising during the year classified into accumulated OCI, net of tax	(160)
(Gains) losses reclassified from accumulated OCI, net of tax	(1)
Other comprehensive income (loss), net of tax	(161)	$ 10
Ending Accumulated Other Comprehensive Income (Loss), Net of Tax	(549)
Translation Adjustments and Gains (Losses) From Intra-Entity Transactions of a Long-Term Nature
Schedule of changes in accumulated comprehensive income [Line Items]
Beginning Accumulated Other Comprehensive Income (Loss), Net of Tax	(221)
Gains (losses) arising during the year classified into accumulated OCI, net of tax	(102)
(Gains) losses reclassified from accumulated OCI, net of tax	0
Other comprehensive income (loss), net of tax	(102)
Ending Accumulated Other Comprehensive Income (Loss), Net of Tax	(323)
Pension and Post-Retirement Benefits
Schedule of changes in accumulated comprehensive income [Line Items]
Beginning Accumulated Other Comprehensive Income (Loss), Net of Tax	(104)
Gains (losses) arising during the year classified into accumulated OCI, net of tax	0
(Gains) losses reclassified from accumulated OCI, net of tax	4
Other comprehensive income (loss), net of tax	4
Ending Accumulated Other Comprehensive Income (Loss), Net of Tax	(100)
Derivative Instruments
Schedule of changes in accumulated comprehensive income [Line Items]
Beginning Accumulated Other Comprehensive Income (Loss), Net of Tax	(63)
Gains (losses) arising during the year classified into accumulated OCI, net of tax	(58)
(Gains) losses reclassified from accumulated OCI, net of tax	(5)
Other comprehensive income (loss), net of tax	(63)
Ending Accumulated Other Comprehensive Income (Loss), Net of Tax	$ (126)

Other (Income) Expense (Details

Other (Income) Expense (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Other Income and Expenses [Line Items]
Foreign currency transaction (gain) loss and other (income) expense, before tax		$ 12	$ 0
Asset Impairment Charges	[1]	140	0
Other (income) expense		152	$ 0
Prepaid Expenses and Other Current Assets [Member]
Other Income and Expenses [Line Items]
Assets held for sale		19		$ 25
Goodwill [Member]
Other Income and Expenses [Line Items]
Asset Impairment Charges	[1]	$ 139
[1]	(a) The quarter ended March 31, 2020 includes a charge of $139 million related to the impairment of Habit Burger Grill goodwill. See Note 2 .

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information (Details) $ in Millions	Mar. 31, 2020USD ($)days	Dec. 31, 2019USD ($)
Accounts and Notes Receivable [Abstract]
Number of days from the period in which the corresponding sales occur that trade receivables are generally due | days	30
Accounts and notes receivable, gross	$ 612	$ 656
Allowance for doubtful accounts	(101)	(72)
Accounts and notes receivable, net	$ 511	$ 584

Supplemental Balance Sheet In_4

Supplemental Balance Sheet Information (Details 2) - USD ($) $ in Millions		Mar. 31, 2020	Dec. 31, 2019
Operating Lease, Right-of-Use Asset		$ 773	$ 642
Cash and cash equivalents as presented in Condensed Consolidated Balance Sheets		1,154	605
Property, plant and equipment, gross		2,366	2,306
Accumulated depreciation and amortization		(1,114)	(1,136)
Property, plant and equipment, net		1,252	1,170
Cash, Cash Equivalents and Restricted Cash as presented in the Consolidated Statement of Cash Flows		1,310	768
Other assets		1,398	1,313
Other Assets, Miscellaneous, Noncurrent		336	360
Prepaid Expenses and Other Current Assets [Member]
Restricted Cash and Cash Equivalents	[1]	126	138
Assets held for sale		19	25
Other Current Assets [Member]
Restricted Cash and Cash Equivalents	[2]	30	25
Fair Value, Recurring [Member] | GrubHub Inc. [Member] | Fair Value, Inputs, Level 1 [Member] | Other Current Assets [Member]
Equity Securities, FV-NI		115	137
Franchise Incentive [Member]
Other assets		$ 174	$ 174
[1]	Restricted cash within Prepaid expenses and other current assets reflects Taco Bell Securitization interest reserves and the cash related to advertising cooperatives which we consolidate that can only be used to settle obligations of the respective cooperatives.
[2]	Primarily trust accounts related to our self-insurance program.

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
	Mar. 31, 2020Rate	Mar. 31, 2019Rate
Effective tax rate	12.50%	12.30%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%

Revenue Recognition Accountin_3

Revenue Recognition Accounting Policy (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Revenues	$ 1,263	$ 1,254
Product [Member]
Revenues	355	333
Franchise [Member]
Revenues	596	612
Advertising [Member]
Revenues	312	309
UNITED STATES
Operating Leases, Income Statement, Minimum Lease Revenue	15	18
UNITED STATES | Product [Member]
Revenues	228	217
UNITED STATES | Franchise [Member]
Revenues	231	233
UNITED STATES | Advertising [Member]
Revenues	181	180
CHINA | Franchise [Member]
Revenues	57	71
Other, Outside the U.S. and China [Member]
Operating Leases, Income Statement, Minimum Lease Revenue	15	19
Other, Outside the U.S. and China [Member] | Product [Member]
Revenues	127	116
Other, Outside the U.S. and China [Member] | Franchise [Member]
Revenues	278	271
Other, Outside the U.S. and China [Member] | Advertising [Member]
Revenues	131	129
Taco Bell Global Division [Member]
Revenues	453	445
Taco Bell Global Division [Member] | UNITED STATES
Operating Leases, Income Statement, Minimum Lease Revenue	10	10
Taco Bell Global Division [Member] | UNITED STATES | Product [Member]
Revenues	198	196
Taco Bell Global Division [Member] | UNITED STATES | Franchise [Member]
Revenues	131	128
Taco Bell Global Division [Member] | UNITED STATES | Advertising [Member]
Revenues	107	104
Taco Bell Global Division [Member] | CHINA | Franchise [Member]
Revenues	0	0
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member]
Operating Leases, Income Statement, Minimum Lease Revenue	0	0
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Product [Member]
Revenues	0	1
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]
Revenues	7	6
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Advertising [Member]
Revenues	0	0
Pizza Hut Global Division [Member]
Revenues	235	243
Pizza Hut Global Division [Member] | UNITED STATES
Operating Leases, Income Statement, Minimum Lease Revenue	1	2
Pizza Hut Global Division [Member] | UNITED STATES | Product [Member]
Revenues	5	5
Pizza Hut Global Division [Member] | UNITED STATES | Franchise [Member]
Revenues	62	67
Pizza Hut Global Division [Member] | UNITED STATES | Advertising [Member]
Revenues	70	74
Pizza Hut Global Division [Member] | CHINA | Franchise [Member]
Revenues	10	15
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member]
Operating Leases, Income Statement, Minimum Lease Revenue	1	1
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Product [Member]
Revenues	13	6
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]
Revenues	59	60
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Advertising [Member]
Revenues	14	13
KFC Global Division [Member]
Revenues	566	566
KFC Global Division [Member] | UNITED STATES
Operating Leases, Income Statement, Minimum Lease Revenue	4	6
KFC Global Division [Member] | UNITED STATES | Product [Member]
Revenues	16	16
KFC Global Division [Member] | UNITED STATES | Franchise [Member]
Revenues	38	38
KFC Global Division [Member] | UNITED STATES | Advertising [Member]
Revenues	4	2
KFC Global Division [Member] | CHINA | Franchise [Member]
Revenues	47	56
KFC Global Division [Member] | Other, Outside the U.S. and China [Member]
Operating Leases, Income Statement, Minimum Lease Revenue	14	18
KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Product [Member]
Revenues	114	109
KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]
Revenues	212	205
KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Advertising [Member]
Revenues	$ 117	$ 116

Revenue Recognition Accountin_4

Revenue Recognition Accounting Policy (Details 2) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Total Revenues	$ 1,263	$ 1,254
KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	566	566
Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	235	243
Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	453	445
Habit Division [Member]
Disaggregation of Revenue [Line Items]
Total Revenues	9	0
UNITED STATES
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	15	18
UNITED STATES | KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	4	6
UNITED STATES | Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	1	2
UNITED STATES | Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	10	10
UNITED STATES | Habit Division [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	0
Other, Outside the U.S. and China [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	15	19
Other, Outside the U.S. and China [Member] | KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	14	18
Other, Outside the U.S. and China [Member] | Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	1	1
Other, Outside the U.S. and China [Member] | Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	0	0
Other, Outside the U.S. and China [Member] | Habit Division [Member]
Disaggregation of Revenue [Line Items]
Operating Leases, Income Statement, Minimum Lease Revenue	0
Product [Member]
Disaggregation of Revenue [Line Items]
Revenues	355	333
Product [Member] | UNITED STATES
Disaggregation of Revenue [Line Items]
Revenues	228	217
Product [Member] | UNITED STATES | KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	16	16
Product [Member] | UNITED STATES | Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	5	5
Product [Member] | UNITED STATES | Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	198	196
Product [Member] | UNITED STATES | Habit Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	9
Product [Member] | Other, Outside the U.S. and China [Member]
Disaggregation of Revenue [Line Items]
Revenues	127	116
Product [Member] | Other, Outside the U.S. and China [Member] | KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	114	109
Product [Member] | Other, Outside the U.S. and China [Member] | Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	13	6
Product [Member] | Other, Outside the U.S. and China [Member] | Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	1
Product [Member] | Other, Outside the U.S. and China [Member] | Habit Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	0
Franchise [Member]
Disaggregation of Revenue [Line Items]
Revenues	596	612
Franchise [Member] | UNITED STATES
Disaggregation of Revenue [Line Items]
Revenues	231	233
Franchise [Member] | UNITED STATES | KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	38	38
Franchise [Member] | UNITED STATES | Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	62	67
Franchise [Member] | UNITED STATES | Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	131	128
Franchise [Member] | UNITED STATES | Habit Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	0
Franchise [Member] | CHINA
Disaggregation of Revenue [Line Items]
Revenues	57	71
Franchise [Member] | CHINA | KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	47	56
Franchise [Member] | CHINA | Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	10	15
Franchise [Member] | CHINA | Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0
Franchise [Member] | CHINA | Habit Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	0
Franchise [Member] | Other, Outside the U.S. and China [Member]
Disaggregation of Revenue [Line Items]
Revenues	278	271
Franchise [Member] | Other, Outside the U.S. and China [Member] | KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	212	205
Franchise [Member] | Other, Outside the U.S. and China [Member] | Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	59	60
Franchise [Member] | Other, Outside the U.S. and China [Member] | Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	7	6
Franchise [Member] | Other, Outside the U.S. and China [Member] | Habit Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	0
Advertising [Member]
Disaggregation of Revenue [Line Items]
Revenues	312	309
Advertising [Member] | UNITED STATES
Disaggregation of Revenue [Line Items]
Revenues	181	180
Advertising [Member] | UNITED STATES | KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	4	2
Advertising [Member] | UNITED STATES | Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	70	74
Advertising [Member] | UNITED STATES | Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	107	104
Advertising [Member] | UNITED STATES | Habit Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	0
Advertising [Member] | Other, Outside the U.S. and China [Member]
Disaggregation of Revenue [Line Items]
Revenues	131	129
Advertising [Member] | Other, Outside the U.S. and China [Member] | KFC Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	117	116
Advertising [Member] | Other, Outside the U.S. and China [Member] | Pizza Hut Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	14	13
Advertising [Member] | Other, Outside the U.S. and China [Member] | Taco Bell Global Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	$ 0
Advertising [Member] | Other, Outside the U.S. and China [Member] | Habit Division [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 0

Revenue Recognition Accountin_5

Revenue Recognition Accounting Policy (Details 3) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total Revenues		$ 1,263	$ 1,254
Deferred Revenue		424		$ 441
Deferred Revenue, Revenue Recognized		(19)
Deferred Revenue, Additions		15
Foreign Currency Gain (Loss) and Refranchising Gain (Loss) [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred Revenue, Period Increase (Decrease)	[1]	$ (13)
[1]	(a) Primarily includes impact of foreign currency translation.

Revenue Recognition Accountin_6

Revenue Recognition Accounting Policy (Details 4) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred Revenue	$ 424		$ 441
Revenues	1,263	$ 1,254
1 year [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred Revenue, Revenue Recognized	63
2 years [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred Revenue, Revenue Recognized	58
3 years [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred Revenue, Revenue Recognized	54
4 years [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred Revenue, Revenue Recognized	49
5 years [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred Revenue, Revenue Recognized	44
Thereafter 5 years [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred Revenue, Revenue Recognized	156
Product [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	355	333
Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	596	612
Advertising [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	312	309
UNITED STATES | Product [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	228	217
UNITED STATES | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	231	233
UNITED STATES | Advertising [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	181	180
China Division [Member] | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	57	71
Other, Outside the U.S. and China [Member] | Product [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	127	116
Other, Outside the U.S. and China [Member] | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	278	271
Other, Outside the U.S. and China [Member] | Advertising [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	131	129
Pizza Hut Global Division [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	235	243
Pizza Hut Global Division [Member] | UNITED STATES | Product [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	5	5
Pizza Hut Global Division [Member] | UNITED STATES | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	62	67
Pizza Hut Global Division [Member] | UNITED STATES | Advertising [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	70	74
Pizza Hut Global Division [Member] | China Division [Member] | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	10	15
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Product [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	13	6
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	59	60
Pizza Hut Global Division [Member] | Other, Outside the U.S. and China [Member] | Advertising [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	14	13
Taco Bell Global Division [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	453	445
Taco Bell Global Division [Member] | UNITED STATES | Product [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	198	196
Taco Bell Global Division [Member] | UNITED STATES | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	131	128
Taco Bell Global Division [Member] | UNITED STATES | Advertising [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	107	104
Taco Bell Global Division [Member] | China Division [Member] | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	0	0
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Product [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	0	1
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	7	6
Taco Bell Global Division [Member] | Other, Outside the U.S. and China [Member] | Advertising [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	0	0
KFC Global Division [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	566	566
KFC Global Division [Member] | UNITED STATES | Product [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	16	16
KFC Global Division [Member] | UNITED STATES | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	38	38
KFC Global Division [Member] | UNITED STATES | Advertising [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	4	2
KFC Global Division [Member] | China Division [Member] | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	47	56
KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Product [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	114	109
KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Franchise [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	212	205
KFC Global Division [Member] | Other, Outside the U.S. and China [Member] | Advertising [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenues	$ 117	$ 116

Reportable Operating Segments_2

Reportable Operating Segments (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Segment Reporting Information [Line Items]
Business Combination, Acquisition Related Costs		$ 6
Revenues		1,263	$ 1,254
Franchisor Costs		58	43
Operating Profit		250	433
Other investment (income) expense, net	[1]	34	16
Refranchising (gain) loss		(13)	(6)
Other (income) expense		(152)	0
Cooperative Advertising Expense		310	301
General and Administrative Expense		208	211
Cost of Goods and Services Sold		(298)	(272)
Other pension income (expense)		(3)	(3)
Interest Income (Expense), Net		(118)	(115)
Income Before Income Taxes		95	299
KFC Global Division [Member]
Segment Reporting Information [Line Items]
Revenues		566	566
Operating Profit		224	236
Pizza Hut Global Division [Member]
Segment Reporting Information [Line Items]
Revenues		235	243
Operating Profit		76	97
Taco Bell Global Division [Member]
Segment Reporting Information [Line Items]
Revenues		453	445
Operating Profit		144	138
Unallocated [Member]
Segment Reporting Information [Line Items]
Franchisor Costs		2	1
Refranchising (gain) loss	[2]	(13)	(6)
Other (income) expense		(152)	0
General and Administrative Expense	[3]	50	43
Cost of Goods and Services Sold		(1)	0
Habit Division [Member]
Segment Reporting Information [Line Items]
Revenues		9	0
Operating Profit		$ (2)	$ 0
[1]	Includes changes in the value of Grubhub, Inc. common stock and other investments (see Note 13 ).
[2]	.
[3]	Includes $6 million in costs related to our acquisition of Habit Burger Grill in the quarter ended March 31, 2020 .

Pension Benefits (Details)

Pension Benefits (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Payment for Pension Benefits		$ 1	$ 9
UNITED STATES
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost		5	2
UNITED STATES | General and Administrative Expense [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost		2	2
UNITED STATES | Other pension (income) expense [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest cost		9	10
Expected return on plan assets		(11)	(11)
Amortization of net loss		4	0
Amortization of prior service cost		1	1
Additional loss (gain) recognized due to settlements	[1]	$ 0	$ 2
[1]	Loss is a result of settlement transactions which exceeded the sum of annual service and interest costs for the applicable plan. These losses were recorded in Other pension (income) expense.

Short-term Borrowings and Lon_3

Short-term Borrowings and Long-term Debt (Details) - USD ($) $ in Millions	Apr. 01, 2020	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Short-term Borrowings and Long-term Debt [Line Items]
Interest Paid, Including Capitalized Interest, Operating and Investing Activities		$ 72
Revolving credit facilities, three months or less, net		950	$ 0
Capital lease obligations		67		$ 77
Long-term debt and capital less obligations, including current maturities and debt issuance costs		11,580		10,648
Less Debt Issuance Costs, Noncurrent, Net		(81)		(80)
Less current maturities of long-term debt		(440)		(437)
Other Short-term Borrowings		17		4
Short-term Debt, excluding debt issuance costs		457		441
Long-term debt		11,059		10,131
Short-term borrowings		447		431
Less current portion of debt issuance costs and discounts		(10)		(10)
Interest Income (Expense), Net		(118)	$ (115)
Unsecured Debt [Member] | Unsecured Notes Due April 2025 [Member]
Short-term Borrowings and Long-term Debt [Line Items]
Proceeds from Issuance of Debt	$ 600
Debt Instrument, Interest Rate Terms	7.75%
Debt Instrument, Frequency of Periodic Payment	semi-annually
Debt Instrument, Debt Default, Description of Violation or Event of Default	The indenture governing the 2025 Notes contains covenants and events of default that are customary for debt securities of this type, including cross-default provisions whereby the acceleration of the maturity of any of our indebtedness in a principal amount of $100 million or more or the failure to pay the principal of such indebtedness at its stated maturity will constitute an event of default under the 2025 Notes unless such indebtedness is discharged, or the acceleration of the maturity of that indebtedness is annulled, within 30 days after notice.
Unsecured Debt [Member] | Subsidiary Senior Unsecured Notes [Member]
Short-term Borrowings and Long-term Debt [Line Items]
Senior Notes		2,850		2,850
Secured Debt [Member]
Short-term Borrowings and Long-term Debt [Line Items]
Senior Notes		2,891		2,898
Secured Debt [Member] | Habit Credit Facility [Member]
Short-term Borrowings and Long-term Debt [Line Items]
Long-term Line of Credit		10		0
Secured Debt [Member] | Term Loan A Facility [Member]
Short-term Borrowings and Long-term Debt [Line Items]
Long-term Debt		456		463
Secured Debt [Member] | Revolving Credit Facility [Member]
Short-term Borrowings and Long-term Debt [Line Items]
Long-term Line of Credit		950		0
Secured Debt [Member] | Term Loan B Facility [Member]
Short-term Borrowings and Long-term Debt [Line Items]
Long-term Debt		1,931		$ 1,935
Revolving Facility Borrowing 3/24 [Member] | Secured Debt [Member] | Revolving Credit Facility [Member]
Short-term Borrowings and Long-term Debt [Line Items]
Revolving credit facilities, three months or less, net		525
Revolving Facility Borrowing 3/18 [Member] | Secured Debt [Member] | Revolving Credit Facility [Member]
Short-term Borrowings and Long-term Debt [Line Items]
Revolving credit facilities, three months or less, net		$ 425

Derivative Instruments (Details

Derivative Instruments (Details) - USD ($)		3 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Other investment (income) expense, net	[1]	$ 34,000,000	$ 16,000,000
Secured Debt [Member] | Term Loan B Facility [Member]
Long-term Debt		1,931,000,000		$ 1,935,000,000
Cash Flow Hedging [Member]
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months		$ 6,000,000
Cash Flow Hedging [Member] | Forward-starting interest rate swap [Member]
Derivative, Maturity Date		Mar. 29, 2025
Derivative, Notional Amount		$ 1,500,000,000		1.5
Cash Flow Hedging [Member] | Interest Rate Swap [Member]
Derivative, Maturity Date		Jul. 27, 2021
Derivative, Notional Amount		$ 1,550,000,000		1.55
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net		0
Intercompany receivables and payables [Domain] | Cash Flow Hedging [Member] | Foreign Exchange Contract [Member]
Derivative, Notional Amount		$ 53,000,000		$ 20,000,000
Maximum [Member] | Cash Flow Hedging [Member] | Foreign Exchange Contract [Member]
Derivative, Maturity Date		Dec. 31, 2020
[1]	Includes changes in the value of Grubhub, Inc. common stock and other investments (see Note 13 ).

Derivative Instruments (Detai_2

Derivative Instruments (Details 2) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	$ (77,000,000)	$ (16,000,000)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(6,000,000)	(15,000,000)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	20,000,000	8,000,000
Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax	1,000,000	3,000,000
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax	19,000,000	5,000,000
Interest Rate Swap [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	1,550,000,000		$ 1.55
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	(83,000,000)	(27,000,000)
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	2,000,000	(5,000,000)
Foreign Exchange Contract [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	6,000,000	11,000,000
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(8,000,000)	$ (10,000,000)
Intercompany receivables and payables [Domain] | Foreign Exchange Contract [Member] | Cash Flow Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative, Notional Amount	$ 53,000,000		$ 20,000,000

Fair Value Disclosures (Details

Fair Value Disclosures (Details) - USD ($) shares in Millions, $ in Millions		Mar. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount		$ 0
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount		0
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	$ 2,850
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]	2,829	3,004
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		2,425	2,425
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]	2,350	2,572
Secured Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes, Noncurrent		2,891	2,898
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]	2,771	3,040
Secured Debt [Member] | Term Loan A Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt obligations, excluding capital leases, carrying amount		456	463
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]	421	464
Secured Debt [Member] | Term Loan B Facility [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt obligations, excluding capital leases, carrying amount		1,931	1,935
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]	1,792	1,949
Other Assets [Member] | Fair Value, 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		31	43
Other Assets [Member] | Interest Rate Swap [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Asset		0	3
Other Current Liabilities [Member] | Interest Rate Swap [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability		12	0
Prepaid Expenses and Other Current Assets [Member] | Interest Rate Swap [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Asset		0	6
Prepaid Expenses and Other Current Assets [Member] | Foreign Exchange Forward [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Asset		6	0
Other Noncurrent Liabilities [Member] | Interest Rate Swap [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability		$ 131	71
GrubHub Inc. [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure		2.8
GrubHub Inc. [Member] | Other Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity Securities, FV-NI		$ 115	137
GrubHub Inc. [Domain] | Other Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity Securities, FV-NI		$ 115	$ 137
[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 and, at times, trade these notes. The markets in which the Securitization Notes trade are not considered active markets.

Contingencies (Details)

Contingencies (Details) - Property Lease Guarantee [Member] $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Guarantor Obligations [Line Items]
Year longest lease expires	2065
Guarantor Obligations, Maximum Exposure	$ 450
Guarantee Obligations Maximum Exposure At Present Value	$ 350

Contingencies (Details 2)

Contingencies (Details 2)	3 Months Ended
	Mar. 31, 2020
Loss Contingencies [Line Items]
Litigation, Nature	On January 29, 2020, the Special Director issued an order imposing a penalty on YRIPL and certain former directors of approximately Indian Rupee 11 billion, or approximately $150 million. Of this amount, approximately $145 million relates to the alleged failure to invest a total of $80 million in India within an initial seven-year period. We have been advised by external counsel that the order is flawed and have filed a writ petition with the Delhi High Court, which granted an interim stay of the penalty order on March 5, 2020. The stay order continues through the date of the next hearing with the Delhi High Court scheduled for June 16, 2020. We deny liability and intend to continue vigorously defending this matter. We do not consider the risk of any significant loss arising from this order to be probable.

Uncategorized Items - yum-33120

Label	Element	Value
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 768,000,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	$ 474,000,000