Yum China (YUMC) 10-Q 5 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Jul. 30, 2019
Document And Entity Information [Abstract]
Entity Registrant Name	Yum China Holdings, Inc.
Entity Central Index Key	0001673358
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Document Type	10-Q
Trading Symbol	YUMC
Amendment Flag	false
Entity Small Business	false
Entity Emerging Growth Company	false
Document Period End Date	Jun. 30, 2019
Entity Common Stock Shares Outstanding		376,828,755
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	001-37762
Entity Tax Identification Number	812421743
Entity Address, Address Line One	7100 Corporate Drive
Entity Address, City or Town	Plano
Entity Address, State or Province	Texas
Entity Address, Postal Zip Code	75024
City Area Code	469
Local Phone Number	980-2898
Entity Address, Country	United States of America

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues
Total revenues		$ 2,124	$ 2,068	$ 4,428	$ 4,289
Costs and Expenses, Net
General and administrative expenses		109	101	223	215
Other operating costs and expenses		6	7	11	11
Closures and impairment expenses, net		4	17	15	16
Other income, net		(12)	(7)	(31)	(133)
Total costs and expenses, net		1,920	1,875	3,921	3,701
Operating Profit		204	193	507	588
Interest income, net	[1]	10	10	19	18
Investment gain	[1]	17		27
Income Before Income Taxes		231	203	553	606
Income tax provision		(46)	(53)	(139)	(160)
Net income – including noncontrolling interests		185	150	414	446
Net income – noncontrolling interests		7	7	14	15
Net Income – Yum China Holdings, Inc.		$ 178	$ 143	$ 400	$ 431
Weighted-average common shares outstanding (in millions):
Basic	[2]	378	386	378	386
Diluted		389	398	389	400
Basic Earnings Per Common Share		$ 0.47	$ 0.37	$ 1.06	$ 1.12
Diluted Earnings Per Common Share		$ 0.46	$ 0.36	$ 1.03	$ 1.08
Company Sales [Member]
Revenues
Revenues		$ 1,926	$ 1,888	$ 4,015	$ 3,904
Franchise [Member]
Revenues
Revenues		36	34	75	74
Costs and Expenses, Net
Cost of goods and services sold		16	17	36	37
Transactions With Franchisees and Unconsolidated Affiliates [Member]
Revenues
Revenues		154	141	324	302
Costs and Expenses, Net
Cost of goods and services sold		154	138	321	298
Other Revenues [Member]
Revenues
Revenues		8	5	14	9
Company Restaurant Expenses [Member]
Costs and Expenses, Net
Food and paper		607	571	1,245	1,165
Payroll and employee benefits		450	424	916	866
Occupancy and other operating expenses		586	607	1,185	1,226
Cost of goods and services sold		$ 1,643	$ 1,602	$ 3,346	$ 3,257
[1]	Amounts have not been allocated to any segment for performance reporting purposes.
[2]	As a result of the separation, shares of Yum China common stock were distributed to YUM’s shareholders of record as of October 19, 2016 and included in the calculated weighted-average common shares outstanding. Holders of outstanding YUM equity awards generally received both adjusted YUM awards and Yum China awards, or adjusted awards on shares of common stock of either YUM or Yum China in their entirety. Any subsequent exercise of these awards, whether held by the Company’s employees or YUM’s employees, would increase the number of common shares outstanding. The outstanding equity awards are included in the computation of diluted EPS, if there is dilutive effect.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net income - including noncontrolling interests	$ 185	$ 150	$ 414	$ 446
Other comprehensive income, net of tax of nil:
Foreign currency translation adjustments	(58)	(148)	1	(58)
Comprehensive income - including noncontrolling interests	127	2	415	388
Comprehensive income - noncontrolling interests	5	$ 2	15	13
Comprehensive Income - Yum China Holdings, Inc.	$ 122		$ 400	$ 375

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018
Cash Flows – Operating Activities
Net income - including noncontrolling interests		$ 414	$ 446
Depreciation and amortization		217	235
Amortization of operating lease right-of-use assets		167
Closures and impairment expenses		15	16
Gain from re-measurement of equity interest upon acquisition	[1]		(98)
Investment gain	[2]	(27)
Equity income from investments in unconsolidated affiliates		(37)	(35)
Distributions of income received from unconsolidated affiliates		38	41
Deferred income taxes		6	42
Share-based compensation expense		15	13
Changes in accounts receivable		(5)	(2)
Changes in inventories		(1)	18
Changes in prepaid expenses and other current assets			(28)
Changes in accounts payable and other current liabilities		70	182
Changes in income taxes payable		3	20
Changes in non-current operating lease liabilities		(188)
Other, net		(30)	(31)
Net Cash Provided by Operating Activities		657	819
Cash Flows – Investing Activities
Capital spending		(212)	(230)
Purchases of short-term investments		(409)	(370)
Maturities of short-term investments		248	295
Acquisition of business, net of cash acquired			(88)
Other, net		5	(13)
Net Cash Used in Investing Activities		(368)	(406)
Cash Flows – Financing Activities
Repayment of short-term borrowings assumed from acquisition			(10)
Repurchase of shares of common stock		(143)	(70)
Cash dividends paid on common stock		(91)	(77)
Dividends paid to noncontrolling interests		(25)	(27)
Other, net			(2)
Net Cash Used in Financing Activities		(259)	(186)
Effect of Exchange Rates on Cash and Cash Equivalents			(25)
Net Increase in Cash and Cash Equivalents		30	202
Cash and Cash Equivalents - Beginning of Period		1,266	1,059
Cash and Cash Equivalents - End of Period		1,296	1,261
Supplemental Cash Flow Data
Cash paid for income tax		$ 135	$ 114
[1]	As a result of the acquisition of Wuxi KFC in the first quarter of 2018, as disclosed in Note 2, the Company recognized a gain of $98 million from the re-measurement of our previously held 47% equity interest at fair value, which was not allocated to any segment for performance reporting purposes.
[2]	Amounts have not been allocated to any segment for performance reporting purposes.

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Current Assets
Cash and cash equivalents	$ 1,296		$ 1,266	$ 1,261		$ 1,059
Short-term investments	284		122
Accounts receivable, net	85		80
Inventories, net	309		307
Prepaid expenses and other current assets	163		177
Total Current Assets	2,137		1,952
Property, plant and equipment, net	1,571		1,615
Operating lease right-of-use assets	1,954
Goodwill	266		266
Intangible assets, net	105		116
Deferred income taxes	99		89
Investments in unconsolidated affiliates	58		81
Other assets	535		491
Total Assets	6,725		4,610
Current Liabilities
Accounts payable and other current liabilities	1,569		1,199
Income taxes payable	57		54
Total Current Liabilities	1,626		1,253
Non-current operating lease liabilities	1,795
Non-current finance lease liabilities	24		25
Other liabilities	201		355
Total Liabilities	3,646		1,633
Redeemable Noncontrolling Interest	1		1
Equity
Common stock, $0.01 par value; 1,000 million shares authorized; 394 million shares and 392 million shares issued at June 30, 2019 and December 31, 2018, respectively; 377 million shares and 379 million shares outstanding at June 30, 2019 and December 31, 2018, respectively	4		4
Treasury stock	(600)		(460)
Additional paid-in capital	2,417		2,402
Retained earnings	1,193		944
Accumulated other comprehensive loss	(17)		(17)
Total Equity – Yum China Holdings, Inc.	2,997		2,873
Noncontrolling interests	81		103
Total Equity	3,078	$ 3,062	2,976	$ 3,096	$ 3,198	$ 2,842
Total Liabilities, Redeemable Noncontrolling Interest and Equity	$ 6,725		$ 4,610

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	394,000,000	392,000,000
Common stock, shares outstanding	377,000,000	379,000,000

Description of the Business

Description of the Business	6 Months Ended
	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of the Business	Note 1 – Description of the Business Yum China Holdings, Inc. (“Yum China” and, together with its subsidiaries, the “Company,” “we,” “us” and “our”) was incorporated in Delaware on April 1, 2016. The Company separated from Yum! Brands, Inc. (“YUM” or the “Parent”) on October 31, 2016 (the “separation”), becoming an independent publicly traded company as a result of a pro rata distribution (the “distribution”) of all outstanding shares of Yum China common stock to shareholders of YUM. On October 31, 2016, YUM’s shareholders of record as of 5:00 p.m. Eastern Time on October 19, 2016 received one share of Yum China common stock for every one share of YUM common stock held as of the record date. Yum China’s common stock began trading “regular way” under the ticker symbol “YUMC” on the New York Stock Exchange on November 1, 2016. The Company owns, franchises or has an ownership in entities that own and operate restaurants under the KFC, Pizza Hut, East Dawning, Little Sheep, Taco Bell and COFFii & JOY concepts (collectively, the “Concepts”). In connection with the separation of the Company from YUM, Yum! Restaurants Asia Pte. Ltd., a wholly-owned indirect subsidiary of YUM, and Yum Restaurants Consulting (Shanghai) Company Limited (“YCCL”), a wholly-owned indirect subsidiary of Yum China, entered into a 50-year master license agreement with automatic renewals for additional consecutive renewal terms of 50 years each, subject only to YCCL being in “good standing” and unless YCCL gives notice of its intent not to renew, for the exclusive right to use and sub-license the use of intellectual property owned by YUM and its subsidiaries for the development and operation of the KFC, Pizza Hut and, subject to achieving certain agreed-upon milestones, Taco Bell brands and their related marks and other intellectual property rights for restaurant services in the People’s Republic of China (the “PRC” or “China”), excluding Hong Kong, Taiwan and Macau. In exchange, we pay a license fee to YUM equal to 3% of net system sales from both our Company and franchise restaurants. We own the intellectual property of East Dawning, Little Sheep and COFFii & JOY and pay no license fee related to these Concepts. The Company also owns a controlling interest in the holding company of DAOJIA.com.cn (“Daojia”), an established online food delivery service provider in China. In addition, the Company started a new e-commerce business in 2017, offering a wide selection of products including electronics, home and kitchen accessories, and other general merchandise to customers directly through the Company’s e-commerce platform.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Note 2 – Basis of Presentation Our preparation of the accompanying Condensed Consolidated Financial Statements in conformity with Generally Accepted Accounting Principles in the United States of America (“GAAP”) requires us to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. We have prepared the Condensed Consolidated Financial Statements in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The Condensed Consolidated Financial Statements include all normal and recurring adjustments considered necessary to present fairly our financial position as of June 30, 2019, results of our operations and comprehensive income for the quarters and years to date ended June 30, 2019 and 2018, and cash flows for the years to date ended June 30, 2019 and 2018. Our results of operations, comprehensive income and cash flows for these interim periods are not necessarily indicative of the results to be expected for the full year. These statements should be read in conjunction with the consolidated financial statements and notes thereto defined and included in the Company’s Annual Report on Form 10-K as filed with the SEC on February 27, 2019. Through the acquisition of Daojia in 2017, the Company also acquired a variable interest entity (“VIE”) and subsidiaries of the VIE effectively controlled by Daojia. There exists a parent-subsidiary relationship between Daojia and its VIE as a result of certain exclusive agreements that require Daojia to consolidate its VIE and subsidiaries of the VIE because Daojia is the primary beneficiary that possesses the power to direct the activities of the VIE that most significantly impact its economic performance and has the obligation to absorb substantially all of the profits and all of the expected losses of the VIE. During the first quarter of 2018, the Company completed the acquisition of an additional 36% equity interest in an unconsolidated affiliate that operates KFC stores in Wuxi, China (“Wuxi KFC”), for cash consideration of approximately $98 million, increasing the Company’s equity interest to 83%, allowing the Company to consolidate the entity. The acquisition was considered immaterial. We began consolidating Wuxi KFC upon the completion of acquisition. Recently Adopted Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) Upon the adoption of ASC 842, the Company recognized right-of-use (“ROU”) The following table summarizes the effect on the Consolidated Balance Sheet as a result of adopting ASC 842. December 31, 2018 Effect of adoption January 1, 2019 ASSETS Current Assets Cash and cash equivalents $ 1,266 $ 1,266 Short-term investments 122 122 Accounts receivable, net 80 80 Inventories, net 307 307 Prepaid expenses and other current assets 177 (39 ) (a) 138 Total Current Assets 1,952 (39 ) 1,913 Property, plant and equipment, net 1,615 (1 ) 1,614 Operating lease right-of-use assets — 1,997 (b) 1,997 Goodwill 266 266 Intangible assets, net 116 (2 ) (c) 114 Deferred income taxes 89 19 (d) 108 Investments in unconsolidated affiliates 81 (1 ) 80 Other assets 491 (4 ) (c) 487 Total Assets $ 4,610 $ 1,969 $ 6,579 LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND EQUITY Current Liabilities Accounts payable and other current liabilities $ 1,199 $ 320 (e) $ 1,519 Income taxes payable 54 54 Total Current Liabilities 1,253 320 1,573 Non-current operating lease liabilities — 1,860 (f) 1,860 Non-current finance lease liabilities 25 — 25 Other liabilities 355 (148 ) (g) 207 Total Liabilities 1,633 2,032 3,665 Redeemable Noncontrolling Interest 1 1 Equity Common stock 4 4 Treasury stock (460 ) (460 ) Additional paid-in capital 2,402 2,402 Retained earnings 944 (60 ) (h) 884 Accumulated other comprehensive loss (17 ) (17 ) Total Equity – Yum China Holdings, Inc. 2,873 (60 ) 2,813 Noncontrolling interests 103 (3 ) (i) 100 Total Equity 2,976 (63 ) 2,913 Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 4,610 $ 1,969 $ 6,579 (a) Represents the current portion of prepaid rent reclassified to operating lease ROU assets. (b) Represents the net result of capitalization of operating lease payments and reclassification of prepaid rent, initial direct cost, deferred rent accrual and lease incentives, and offset by impairment of operating lease ROU assets that existed prior to the date of adoption. (c) Represents initial direct cost, favorable lease and non-current prepaid rent reclassified to operating lease ROU assets. (d) Represents the deferred tax impact related to impairment of operating lease ROU assets. (e) Represents recognition of the current portion of operating lease liabilities, offset by the reclassification of accrued rental payments and the current portion of deferred rent accrual to operating lease ROU assets. (f) Represents recognition of the non-current operating lease liabilities. (g) Represents reclassification of the non-current portion of deferred rent accrual and lease incentives to operating lease ROU assets. (h) Represents an impairment charge on operating lease ROU assets arising from existing operating leases as of January 1, 2019, net of related impact on deferred taxes and noncontrolling interests, with a corresponding reduction to the carrying amount of operating lease ROU assets. The impairment charge was recorded for those restaurants under operating leases with full impairment on the long-lived assets before January 1, 2019, as the additional impairment charge would have been recorded before January 1, 2019 had the operating lease ROU assets been recognized at the time of impairment. (i) Represents impairment of operating lease ROU assets attributable to noncontrolling interests. In February 2018, the FASB issued ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718) Improvements to Nonemployee Share-Based Payment Accounting Revenue from Contracts with Customers Certain prior period items in the Condensed Consolidated Financial Statements have been reclassified to conform to the current period’s presentation to facilitate comparison.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2019
Revenue From Contract With Customer [Abstract]
Revenue Recognition	Note 3 – Revenue Recognition The Company’s revenues primarily include Company sales, Franchise fees and income and Revenues from transactions with franchisees and unconsolidated affiliates. Company Sales Revenues from Company-owned restaurants are recognized when a customer takes possession of the food and tenders payment, which is when our obligation to perform is satisfied. The Company presents sales net of sales-related taxes. We also offer our customers delivery through both our own mobile applications and third-party aggregators’ platforms. For delivery orders placed through our mobile applications, we use our dedicated riders, while for orders placed through third-party aggregators’ platforms, we use our dedicated riders, or, in limited cases, third-party aggregators’ delivery staff. With respect to delivery orders delivered by our dedicated riders, we control and determine the price for the delivery service and generally recognize revenue, including delivery fees, when a customer takes possession of the food. When orders are fulfilled by the delivery staff of third-party aggregators, who control and determine the price for the delivery service, we recognize revenue, excluding delivery fees, when control of the food is transferred to the third-party aggregators’ delivery staff. The payment terms with respect to these sales are short-term in nature. We recognize revenues from prepaid stored-value products, including gift cards and product vouchers, when they are redeemed by the customer. Prepaid gift cards sold at any given point generally expire over the next 36 months, and product vouchers generally expire over a period up to 12 months. Our privilege membership program offers privilege members benefits, such as free delivery and discounts on coffee or breakfast items. The associated membership fees are recognized ratably over the membership period. Franchise Fees and Income Franchise fees and income primarily include upfront fees, such as initial fees and renewal fees, and continuing fees. We have determined that the services we provide in exchange for upfront fees and continuing fees are highly interrelated with the franchise right. We recognize upfront fees received from a franchisee as revenue over the term of the franchise agreement or the renewal agreement because the franchise rights are accounted for as rights to access our symbolic intellectual property in accordance with ASC 606. The franchise agreement term is generally 10 years Revenues from Transactions with Franchisees and Unconsolidated Affiliates Revenues from transactions with franchisees and unconsolidated affiliates consist primarily of sales of food and paper products, advertising services and other services provided to franchisees The Company centrally purchase s substantially all food and paper products from suppliers for substantially all of our restaurants, including franchisees and unconsolidated affiliates, and then sells and delivers them to the restaurants. The performance obligation arising from such tran sactions is considered distinct from the franchise agreement as it is not highly dependent on the franchise agreement and the customer can benefit from the procurement service on its own. We consider ourselves the principal in this arrangement as we have t he ability to control a promised good or service before transferring that good or service to the franchisees and unconsolidated affiliates. Revenue is recognized upon transfer of control over ordered items, generally upon delivery to the franchisees and un consolidated affiliates. For advertising services, the Company often engages third parties to provide services and acts as a principal in the transaction based on our responsibilities of defining the nature of the services and administering and directing all marketing and advertising programs in accordance with the provisions of our franchise agreements. The Company collects advertising contributions, which are generally based on a certain percentage of sales from substantially all of our restaurants, including franchisees and unconsolidated affiliates. Other services provided to franchisees and unconsolidated affiliates consist primarily of customer support and technology support services. Advertising services and other services provided are highly interrelated to franchise right, and are not considered individually distinct. We recognize revenue when the related sales occur. Loyalty Programs Each of the Company’s KFC and Pizza Hut reportable segments operates a loyalty program that allows registered members to earn points for each qualifying purchase. Points, which generally expire 18 months after being earned, may be redeemed for future purchases of KFC or Pizza Hut branded products or other products for free or at a discounted price. Points cannot be redeemed or exchanged for cash. The estimated value of points earned by the loyalty program members is recorded as a reduction of revenue at the time the points are earned, based on the percentage of points that are projected to be redeemed, with a corresponding deferred revenue liability included in Accounts payable and other current liabilities on the Condensed Consolidated Balance Sheets and subsequently recognized into revenue when the points are redeemed or expire. The Company estimates the value of the future redemption obligations based on the estimated value of the product for which points are expected to be redeemed and historical redemption patterns, including an estimate of the breakage for points that members will never redeem. The Company reviews its breakage estimates periodically based upon the latest available information regarding redemption and expiration patterns. Disaggregation of Revenue The following table presents revenue disaggregated by types of arrangements and segments: Quarter Ended 6/30/2019 Revenues KFC Pizza Hut All Other Segments (a) Corporate and Unallocated (a) Combined Elimination Consolidated Company sales $ 1,410 $ 507 $ 9 $ — $ 1,926 $ — $ 1,926 Franchise fees and income 33 1 2 — 36 — 36 Revenues from transactions with franchisees and unconsolidated affiliates 15 1 5 133 154 — 154 Other revenues — 1 16 1 18 (10 ) 8 Total revenues $ 1,458 $ 510 $ 32 $ 134 $ 2,134 $ (10 ) $ 2,124 Quarter Ended 6/30/2018 Revenues KFC Pizza Hut All Other Segments (a) Corporate and Unallocated (a) Combined Elimination Consolidated Company sales $ 1,352 $ 528 $ 8 $ — $ 1,888 $ — $ 1,888 Franchise fees and income 33 — 1 — 34 — 34 Revenues from transactions with franchisees and unconsolidated affiliates 15 — 4 122 141 — 141 Other revenues — — 7 — 7 (2 ) 5 Total revenues $ 1,400 $ 528 $ 20 $ 122 $ 2,070 $ (2 ) $ 2,068 Year to Date Ended 6/30/2019 Revenues KFC Pizza Hut All Other Segments (a) Corporate and Unallocated (a) Combined Elimination Consolidated Company sales $ 2,949 $ 1,048 $ 18 $ — $ 4,015 $ — $ 4,015 Franchise fees and income 69 2 4 — 75 — 75 Revenues from transactions with franchisees and unconsolidated affiliates 32 2 12 278 324 — 324 Other revenues — 1 30 2 33 (19 ) 14 Total revenues $ 3,050 $ 1,053 $ 64 $ 280 $ 4,447 $ (19 ) $ 4,428 Year to Date Ended 6/30/2018 Revenues KFC Pizza Hut All Other Segments (a) Corporate and Unallocated (a) Combined Elimination Consolidated Company sales $ 2,796 $ 1,092 $ 16 $ — $ 3,904 $ — $ 3,904 Franchise fees and income 70 1 3 — 74 — 74 Revenues from transactions with franchisees and unconsolidated affiliates 32 — 11 259 302 — 302 Other revenues — — 11 1 12 (3 ) 9 Total revenues $ 2,898 $ 1,093 $ 41 $ 260 $ 4,292 $ (3 ) $ 4,289 (a) As COFFii & JOY and our e-commerce business became operating segments starting from the first quarter of 2019, revenue by segment information for prior quarters has been recast to align with the change in segment reporting. Additional details on our reportable segments are included in Note 13. Accounts Receivable Accounts receivable mainly consist of trade receivables and royalties from franchisees and unconsolidated affiliates, and are generally due within 30 days of the period in which the corresponding sales occur and are classified as Accounts receivable on the Condensed Consolidated Balance Sheets. Our provision for uncollectible receivable balances is based upon pre-defined aging criteria or upon the occurrence of other events that indicate that we may not collect the balance due. Additionally, we monitor the financial condition of our franchisees and record provisions for estimated losses on receivables when we believe it is probable that our franchisees will be unable to make their required payments. While we use the best information available in making our determination, the ultimate recovery of recorded receivables is also dependent upon future economic events and other conditions that may be beyond our control. Trade receivables that are ultimately deemed to be uncollectible, and for which collection efforts have been exhausted, are written off against the allowance for doubtful accounts. Costs to Obtain Contracts Costs to obtain contracts consist of upfront license fees that we paid to YUM prior to the separation in relation to initial fees or renewal fees we received from franchisees and unconsolidated affiliates, as well as license fees that are payable to YUM in relation to our deferred revenue of prepaid stored-value products and customer loyalty programs. They meet the requirements to be capitalized as they are incremental costs of obtaining contracts with customers and the Company expects to generate future economic benefits from such costs incurred. Such costs to obtain contracts are included in Other assets on the Condensed Consolidated Balance Sheets and are amortized on a systematic basis that is consistent with the transfer to the customer of the goods or services to which the assets relate. Subsequent to the separation, we are no longer required to pay YUM initial or renewal fees that we receive from franchisees and unconsolidated affiliates. The Company did not incur any impairment losses related to costs to obtain contracts during any of the periods presented. Costs to obtain contracts were $9 million and $8 million at June 30, 2019 and December 31, 2018, respectively. Contract Liabilities Contract liabilities at June 30, 2019 and December 31, 2018 were as follows: Contract liabilities 6/30/2019 12/31/2018 - Deferred revenue related to prepaid stored-value products $ 80 $ 73 - Deferred revenue related to customer loyalty programs 22 17 - Deferred revenue related to upfront fees 37 37 Total $ 139 $ 127 Contract liabilities consist of deferred revenue related to prepaid stored-value products, customer loyalty programs and upfront fees. Deferred revenue related to prepaid stored-value products and customer loyalty programs is included in Accounts payable and other current liabilities on the Condensed Consolidated Balance Sheets. Deferred revenue related to upfront fees that we expect to recognize as revenue in the next 12 months is included in Accounts payable and other current liabilities, and the remaining balance is included in Other liabilities on the Condensed Consolidated Balance Sheets. Revenue recognized that was included in the contract liability balance at the beginning of each period amounted to $36 million and $18 million for the quarter ended June 30, 2019 and 2018, respectively, and $48 million and $30 million for the years to date ended June 30, 2019 and 2018, respectively. Changes in contract liability balances were not materially impacted by business acquisition, change in estimate of transaction price or any other factors during any of the periods presented. The Company has elected, as a practical expedient, not to disclose the value of remaining performance obligations associated with sales-based royalty promised to franchisees in exchange for franchise right and other related services . The remaining duration of the performance obligation is the remaining contractual term of each franchise agreement. We recog nize continuing franchisee fees and revenues from advertising services and other services provided to franchisees and unconsolidated affiliates based on a certain percentage of sales, as those sales occur.

Earnings Per Common Share ("EPS

Earnings Per Common Share ("EPS")	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earning Per Common Share (EPS)	Note 4 – Earnings Per Common Share (“EPS”) The following table summarizes the components of basic and diluted EPS (in millions, except per share data): Quarter Ended Year to Date Ended 6/30/2019 6/30/2018 6/30/2019 6/30/2018 Net Income – Yum China Holdings, Inc. $ 178 $ 143 $ 400 $ 431 Weighted-average common shares outstanding (for basic calculation) (a) 378 386 378 386 Effect of dilutive share-based awards (a) 8 10 8 11 Effect of dilutive warrants (b) 3 2 3 3 Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) 389 398 389 400 Basic Earnings Per Common Share $ 0.47 $ 0.37 $ 1.06 $ 1.12 Diluted Earnings Per Common Share $ 0.46 $ 0.36 $ 1.03 $ 1.08 Share-based awards excluded from the diluted EPS computation (c) 2 1 2 1 (a) As a result of the separation, shares of Yum China common stock were distributed to YUM’s shareholders of record as of October 19, 2016 and included in the calculated weighted-average common shares outstanding. Holders of outstanding YUM equity awards generally received both adjusted YUM awards and Yum China awards, or adjusted awards on shares of common stock of either YUM or Yum China in their entirety. Any subsequent exercise of these awards, whether held by the Company’s employees or YUM’s employees, would increase the number of common shares outstanding. The outstanding equity awards are included in the computation of diluted EPS, if there is dilutive effect. (b ) Pursuant to the investment agreements dated September 1, 2016, Yum China issued to strategic investors two tranches of warrants on January 9, 2017, with each tranche initially providing the right to purchase 8,200,405 shares of Yum China common stock, at an exercise price of $31.40 and $39.25 per share, respectively, subject to customary anti-dilution adjustments. The warrants may be exercised at any time through October 31, 2021. The outstanding warrants are included in the computation of diluted EPS, if there is dilutive effect when the average market price of Yum China common stock for the period exceeds the exercise price of the warrants. (c) These outstanding stock appreciation rights, restricted stock units and performance share units were not included in the computation of diluted EPS because to do so would have been antidilutive for the quarters and years to date presented.

Equity

Equity	6 Months Ended
	Jun. 30, 2019
Stockholders Equity Note [Abstract]
Equity	Note 5 – Equity Changes in Equity and Redeemable Noncontrolling Interest Yum China Holdings, Inc. Accumulated Common Additional Other Redeemable Stock Paid-in Retained Comprehensive Treasury Stock Noncontrolling Total Noncontrolling Shares Amount Capital Earnings Income (Loss) Shares Amount Interests Equity Interest Balance at March 31, 2019 394 $ 4 $ 2,408 $ 1,060 $ 39 (15 ) $ (525 ) $ 76 $ 3,062 $ 1 Net Income 178 7 185 Foreign currency translation adjustments (56 ) (2 ) (58 ) Comprehensive income 127 Cash dividends declared ($0.12 per common share) (45 ) (45 ) Repurchase of shares of common stock (2 ) (75 ) (75 ) Exercise and vesting of share-based awards — — — — Share-based compensation 9 9 Balance at June 30, 2019 394 $ 4 $ 2,417 $ 1,193 $ (17 ) (17 ) $ (600 ) $ 81 $ 3,078 $ 1 Balance at March 31, 2018 390 $ 4 $ 2,381 $ 646 $ 224 (4 ) $ (148 ) $ 91 $ 3,198 $ 5 Net Income 143 7 150 Foreign currency translation adjustments (143 ) (5 ) (148 ) Comprehensive income 2 Cash dividends declared ($0.1 per common share) (38 ) (38 ) Repurchase of shares of common stock (2 ) (73 ) (73 ) Exercise and vesting of share-based awards 1 — — — Share-based compensation 7 7 Balance at June 30, 2018 391 $ 4 $ 2,388 $ 751 $ 81 (6 ) $ (221 ) $ 93 $ 3,096 $ 5 Yum China Holdings, Inc. Accumulated Common Additional Other Redeemable Stock Paid-in Retained Comprehensive Treasury Stock Noncontrolling Total Noncontrolling Shares Amount Capital Earnings (Loss) Income Shares Amount Interests Equity Interest Balance at December 31, 2018 392 $ 4 $ 2,402 $ 944 $ (17 ) (13 ) $ (460 ) $ 103 $ 2,976 $ 1 Net Income 400 14 414 Foreign currency translation adjustments — 1 1 Comprehensive income 415 Cash dividends declared ($0.24 per common share) (91 ) (91 ) Dividends declared (34 ) (34 ) Repurchase of shares of common stock (4 ) (140 ) (140 ) Exercise and vesting of share-based awards 2 — — — Share-based compensation 15 15 Cumulative effect of accounting change (60 ) (3 ) (63 ) Balance at June 30, 2019 394 $ 4 $ 2,417 $ 1,193 $ (17 ) (17 ) $ (600 ) $ 81 $ 3,078 $ 1 Balance at December 31, 2017 389 $ 4 $ 2,375 $ 397 $ 137 (4 ) $ (148 ) $ 77 $ 2,842 $ 5 Net Income 431 15 446 Foreign currency translation adjustments (56 ) (2 ) (58 ) Comprehensive income 388 Acquisition of business 36 36 Cash dividends declared ($0.2 per common share) (77 ) (77 ) Dividends declared (33 ) (33 ) Repurchase of shares of common stock (2 ) (73 ) (73 ) Exercise and vesting of share-based awards 2 — — — Share-based compensation 13 13 Balance at June 30, 2018 391 $ 4 $ 2,388 $ 751 $ 81 (6 ) $ (221 ) $ 93 $ 3,096 $ 5 Share Repurchase Program On February 7, 2017, we announced that our Board of Directors authorized a $300 million share repurchase program. On October 4, 2017, the Board of Directors increased Yum China’s existing share repurchase authorization from $300 million to an aggregate of $550 million. On October 30, 2018, the Board of Directors further increased the share repurchase authorization to an aggregate of $1.4 billion. The Company repurchased 3.5 million and 1.9 million shares of Yum China common stock at a total cost of $140 million and $73 million for the years to date ended June 30, 2019 and 2018, respectively. The total cost includes $2 million and $3 million to be settled subsequent to June 30, 2019 and 2018, respectively, for shares repurchased with trade dates prior to June 30, 2019 and 2018, respectively.

Items Affecting Comparability o

Items Affecting Comparability of Net Income and Cash Flows	6 Months Ended
	Jun. 30, 2019
Items Affecting Comparability Of Net Income And Cash Flows [Abstract]
Items Affecting Comparability of Net Income and Cash Flows	Note 6 – Items Affecting Comparability of Net Income and Cash Flows Gain from Re-Measurement of Equity Interest Upon Acquisition In the first quarter of 2018, the Company completed the acquisition of Wuxi KFC. In connection with the acquisition, the Company also recognized a gain of $98 million from the re-measurement of our previously held 47% equity interest at fair value using discounted cash flow valuation approach and incorporating assumptions and estimates that were not observable in the market. Key assumptions used in estimating future cash flows included projected revenue growth and operating expenses, which were based on internal projections, historical performance of stores and the business environment, as well as the selection of an appropriate discount rate based on weighted-average cost of capital and company-specific risk premium. The gain was not allocated to any segment for performance reporting purposes. Meituan Dianping (“Meituan”) Investment In the third quarter of 2018, the Company subscribed for 8.4 million, or less than 1%, of the ordinary shares of Meituan, an e-commerce platform for services in China, for a total consideration of approximately $74 million, when it launched its initial public offering on the Hong Kong Stock Exchange in September 2018. The Company accounted for the equity securities at fair value with subsequent fair value changes recorded in our Condensed Consolidated Statements of Income. The fair value of the investment in Meituan is determined based on the closing market price for the shares at the end of each reporting period. As of June 30, 2019, the fair value of the investment was $74 million. The unrealized gain of $17 million and $27 million was included in Investment gain in our Condensed Consolidated Statements of Income during the quarter and year to date ended June 30, 2019, respectively. Restaurant-Level Impairment Charge We performed an additional impairment evaluation of long-lived assets of restaurants as a result of adopting ASC 842 and recorded an incremental restaurant-level impairment charge of $12 million in the first quarter of 2019. In the second quarter of 2019, we performed our semi-annual impairment evaluation and recorded a $7 million restaurant-level impairment charge. The restaurant-level impairment charge recorded in the second quarter of 2018 was $13 million. See Note 11 for additional information. Transition Tax We completed the evaluation of the impact on our transition tax computation based on the final regulations that were released by the U.S. Treasury Department and the Internal Revenue Service (“IRS”) and became effective in the first quarter of 2019, and recorded an additional amount of $8 million for the transition tax accordingly. See Note 12 for additional information.

Other Income, Net

Other Income, Net	6 Months Ended
	Jun. 30, 2019
Other Income And Expenses [Abstract]
Other Income, Net	Note 7 – Other Income, net Quarter Ended Year to Date Ended 6/30/2019 6/30/2018 6/30/2019 6/30/2018 Equity income from investments in unconsolidated affiliates $ 14 $ 12 $ 37 $ 35 Gain from re-measurement of equity interest upon acquisition (a) — — — 98 Foreign exchange impact and other (2 ) (5 ) (6 ) — Other income, net $ 12 $ 7 $ 31 $ 133 (a) As a result of the acquisition of Wuxi KFC in the first quarter of 2018, as disclosed in Note 2, the Company recognized a gain of $98 million from the re-measurement of our previously held 47% equity interest at fair value, which was not allocated to any segment for performance reporting purposes.

Supplemental Balance Sheet Info

Supplemental Balance Sheet Information	6 Months Ended
	Jun. 30, 2019
Balance Sheet Related Disclosures [Abstract]
Supplemental Balance Sheet Information	Note 8 – Supplemental Balance Sheet Information Accounts Receivable, net 6/30/2019 12/31/2018 Accounts receivable, gross $ 87 $ 81 Allowance for doubtful accounts (2 ) (1 ) Accounts receivable, net $ 85 $ 80 Prepaid Expenses and Other Current Assets 6/30/2019 12/31/2018 Receivables from payment processors and aggregators $ 45 $ 49 Dividends receivable from unconsolidated affiliates 43 20 Prepaid rent 1 42 Other prepaid expenses and current assets 74 66 Prepaid expenses and other current assets $ 163 $ 177 Property, Plant and Equipment 6/30/2019 12/31/2018 Buildings and improvements $ 2,162 $ 2,121 Finance leases, primarily buildings 27 26 Machinery, equipment and construction in progress 1,210 1,201 Property, plant and equipment, gross 3,399 3,348 Accumulated depreciation (1,828 ) (1,733 ) Property, plant and equipment, net $ 1,571 $ 1,615 Other Assets 6/30/2019 12/31/2018 VAT assets $ 243 $ 226 Land use right 137 138 Long-term deposits 68 64 Investment in equity securities 74 47 Costs to obtain contracts 9 8 Others 4 8 Other Assets $ 535 $ 491 Accounts Payable and Other Current Liabilities 6/30/2019 12/31/2018 Accounts payable $ 588 $ 619 Operating leases liabilities 369 — Accrued compensation and benefits 188 200 Contract liabilities 109 96 Accrued capital expenditures 104 137 Accrued marketing expenses 91 32 Other current liabilities 120 115 Accounts payable and other current liabilities $ 1,569 $ 1,199 Other Liabilities 6/30/2019 12/31/2018 Accrued income tax payable $ 66 $ 71 Deferred income tax liabilities 61 65 Contract liabilities 30 31 Deferred rental accrual — 144 Other non-current liabilities 44 44 Other liabilities $ 201 $ 355

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 9 – Goodwill and Intangible Assets The changes in the carrying amount of goodwill are as follows: Total Company KFC Pizza Hut All Other Segments Balance as of December 31, 2018 Goodwill, gross $ 648 $ 238 $ 19 $ 391 Accumulated impairment losses (a) (382 ) — — (382 ) Goodwill, net 266 238 19 9 Balance as of June 30, 2019 Goodwill, gross 648 238 19 391 Accumulated impairment losses (a) (382 ) — — (382 ) Goodwill, net $ 266 $ 238 $ 19 $ 9 ( a ) Accumulated impairment losses represent Little Sheep goodwill impairment. Intangible assets, net as of June 30, 2019 and December 31, 2018 are as follows: 6/30/2019 12/31/2018 Gross Carrying Amount (a) Accumulated Amortization Accumulated impairment losses Net Carrying Amount Gross Carrying Amount Accumulated Amortization Accumulated impairment losses Net Carrying Amount Definite-lived intangible assets Reacquired franchise rights $ 150 $ (109 ) $ — $ 41 $ 150 $ (100 ) $ — $ 50 Daojia platform 17 (3 ) (10 ) 4 16 (3 ) (10 ) 3 Customer-related assets 12 (9 ) (2 ) 1 12 (8 ) (2 ) 2 Others (b) 9 (3 ) — 6 17 (9 ) — 8 $ 188 $ (124 ) $ (12 ) $ 52 $ 195 $ (120 ) $ (12 ) $ 63 Indefinite-lived intangible assets Little Sheep trademark $ 53 $ — $ — $ 53 $ 53 $ — $ — $ 53 Total intangible assets $ 241 $ (124 ) $ (12 ) $ 105 $ 248 $ (120 ) $ (12 ) $ 116 (a) Changes in gross carrying amount include the effect of currency translation adjustment. (b) Decrease in Others during year to date ended June 30, 2019 is primarily due to the reclassification of favorable lease assets, with a gross carrying amount of $7 million and accumulated amortization of $5 million, to right-of-use assets upon adoption of ASC 842. Amortization expense of definite-lived intangible assets was $4 million and $7 million for the quarters ended June 30, 2019 and 2018, respectively, and $10 million and $13 million for the years to date ended June 30, 2019 and 2018, respectively. As of June 30, 2019, expected amortization expense for the unamortized definite-lived intangible assets is approximately $7 million for the remainder of 2019, $13 million in 2020, $13 million in 2021, $13 million in 2022 and $3 million in 2023.

Leases

Leases	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Leases	Note 10 – Leases As of June 30, 2019, we operated more than 8,700 restaurants, leasing the underlying land and/or building. We generally enter into lease agreements with initial terms of 10 to 20 years. Most of our lease agreements contain termination options that permit us to terminate the lease agreement early if the restaurant’s unit contribution is negative for a specified period of time. We generally do not have renewal options for our leases. Such options are accounted for only when it is reasonably certain that we will exercise the options. The rent under the majority of our current restaurant lease agreements is generally payable in one of three ways: (i) fixed rent; (ii) the higher of a fixed base rent or a percentage of the restaurant’s sales revenue; or (iii) a percentage of the restaurant’s sales revenue. Most leases require us to pay common area maintenance fees for the leased property. In addition to restaurants leases, we also lease office spaces, logistics centers and equipment. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. Prior to the adoption of ASC 842, operating leases were not recognized on the balance sheet of the Company, but rent expenses were recognized on a straight-line basis over the lease term. Upon adoption, right-of-use assets and lease liabilities are recognized upon lease commencement for operating leases based on the present value of lease payments over the lease term. This is consistent with the historical recognition of finance leases, which was unchanged upon adoption of ASC 842. Variable lease payments that do not depend on a rate or index are expensed as incurred. The Company has elected not to recognize right-of-use assets or lease liabilities for leases with an in itial term of 12 months or less; we recognize lease expense for these leases on a straight-line basis over the lease term. In addition, the Company has elected not to separate non-lease components (e.g., common area maintenance fees) from the lease compone nts. In limited cases, we sublease certain restaurants to franchisees in connection with refranchising transactions or lease our properties to other third parties. The lease payments under these leases are generally based on the higher of a fixed base rent or a percentage of the restaurant’s annual sales revenue. Income from sublease agreements with franchisees or lease agreements with other third parties are included in Franchise fees and income and Other revenue, respectively, within our Condensed Consolidated Statements of Income. The impact of ASC 842 on our accounting as a lessor was not significant. Supplemental Balance Sheet 6/30/2019 Account Classification Assets Operating lease right-of-use assets $ 1,954 Operating lease right-of-use assets Finance lease right-of-use assets 15 Property, plant and equipment, net Total leased assets $ 1,969 Liabilities Current Operating lease liabilities $ 369 Accounts payable and other current liabilities Finance lease liabilities 1 Accounts payable and other current liabilities Non-current Operating lease liabilities 1,795 Non-current operating lease liabilities Finance lease liabilities 24 Non-current finance lease liabilities Total lease liabilities $ 2,189 Summary of Lease Cost Quarter Ended Year to Date Ended Account Classification 6/30/2019 6/30/2019 Operating lease cost $ 117 $ 234 Occupancy and other operating expenses, G&A or Franchise expenses Finance lease cost Amortization of leased assets 1 1 Occupancy and other operating expenses Interest on lease liabilities 1 1 Interest expense, net Variable lease cost 80 171 Occupancy and other operating expenses or Franchise expenses Short-term lease cost 2 5 Occupancy and other operating expenses or G&A Sublease income (7 ) (14 ) Franchise fees and income or Other revenues Total lease cost $ 194 $ 398 Supplemental Cash Flow Information Quarter Ended Year to Date Ended 6/30/2019 6/30/2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 114 $ 241 Operating cash flows from finance leases 1 1 Financing cash flows from finance leases 1 1 Right-of-use assets obtained in exchange for new lease liabilities (a) Operating leases $ 62 $ 119 Finance leases 1 — (a) This also includes noncash transactions resulting in adjustments to the lease liability or ROU asset due to modification or other reassessment events. Lease Term and Discount Rate 6/30/2019 Weighted-average remaining lease term (years) Operating leases 7.2 Finance leases 12.1 Weighted-average discount rate Operating leases 6.1 % Finance leases 5.7 % Summary of Future Lease Payments and Lease Liabilities Maturities of lease liabilities as of June 30, 2019 were as follows: Amount of Operating Leases Amount of Finance Leases Total Remainder of 2019 $ 256 $ 1 $ 257 2020 459 3 462 2021 415 3 418 2022 355 3 358 2023 290 3 293 Thereafter 916 22 938 Total undiscounted lease payment 2,691 35 2,726 Less: imputed interest (b) 527 10 537 Present value of lease liabilities $ 2,164 $ 25 $ 2,189 (b) As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the lease commencement date in determining the imputed interest and present value of lease payments. We used the incremental borrowing rate on January 1, 2019 for operating leases that commenced prior to that date. As of June 30, 2019, we have additional lease agreements that have been signed but not yet commenced of $106 million. These leases will commence between the third quarter of 2019 and 2023 with lease terms of 1 year to 20 years. Future minimum lease payments under non-cancellable leases as of December 31, 2018 were as follows: Commitments Amount of Operating Leases Amount of Finance Leases Total 2019 $ 466 $ 3 $ 469 2020 440 3 443 2021 394 3 397 2022 336 3 339 2023 275 3 278 Thereafter 864 22 886 $ 2,775 $ 37 $ 2,812 At December 31, 2018, the present value of minimum payments under finance leases was $27 million, after deducting imputed interest of $10 million. The current portion of finance lease obligations was $2 million as of December 31, 2018, and was classified in Accounts payable and other current liabilities.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 11 – Fair Value Measurements The Company’s financial assets and liabilities primarily consist of cash and cash equivalents, short-term investments, accounts receivable and accounts payable, and the carrying values of these assets and liabilities generally approximate their fair value. The Company accounts for its investment in the equity securities of Meituan at fair value, which is determined based on the closing market price for the shares at the end of each reporting period, with subsequent fair value changes recorded in our Condensed Consolidated Statements of Income. The following table is a summary of our financial assets measured on a recurring basis or disclosed at fair value and the level within the fair value hierarchy in which the measurement falls. The Company classifies its cash equivalents, short-term investments and investment in equity securities within Level 1 or Level 2 in the fair value hierarchy because it uses quoted market prices or alternative pricing sources and models utilizing market observable inputs to determine their fair value. No transfers among the levels within the fair value hierarchy occurred during the quarter ended June 30, 2019. Fair Value Measurement or Disclosure at June 30, 2019 Balance at June 30, 2019 Level 1 Level 2 Level 3 Cash equivalents: Time deposits $ 719 $ — $ 719 $ — Money market funds 193 193 Total cash equivalents 912 193 719 — Short-term investments: Time deposits 284 284 Total short-term investments 284 — 284 — Other assets: Investment in equity securities 74 74 Total $ 1,270 $ 267 $ 1,003 $ — Fair Value Measurement or Disclosure at December 31, 2018 Balance at December 31, 2018 Level 1 Level 2 Level 3 Cash equivalents: Time deposits $ 570 $ — $ 570 $ — Money market funds 226 226 Fixed rate debt securities (a) 153 153 Total cash equivalents 949 379 570 — Short-term investments: Time deposits 122 122 Total short-term investments 122 — 122 — Other assets: Investment in equity securities 47 47 Total $ 1,118 $ 426 $ 692 $ — (a) Classified as held-to-maturity investments and measured at amortized cost. Non-Recurring Fair Value Measurements In addition, certain of the Company’s restaurant-level assets (including operating lease ROU assets, property, plant and equipment), goodwill and intangible assets, are measured at fair value based on Level 3 on a non-recurring basis, if determined to be impaired. In the determination of fair value of restaurant level assets, the Company considered the highest and best use of the assets and used unobservable inputs (Level 3), such as reasonable sales growth and margin improvement assumptions in generating after-tax cash flows or the price market participants would pay to sublease the ROU assets for other use. The following table presents amounts recognized from all non-recurring fair value measurements using Level 3 inputs during the quarters and years to date ended June 30, 2019 and 2018. These amounts exclude fair value measurements made for restaurants that were closed or refranchised prior to those respective period-end dates. Quarter Ended Year to Date Ended 6/30/2019 6/30/2018 6/30/2019 6/30/2018 Account Classification ROU impairment prior to the adoption of ASC 842 (a) $ — $ — $ 82 $ — Retained Earnings Incremental restaurant-level impairment upon adoption of ASC 842 (b) — — 12 — Closure and impairment expenses, net Restaurant-level impairment (c) 7 13 7 13 Closure and impairment expenses, net Total $ 7 $ 13 $ 101 $ 13 (a) ROU impairment prior to the adoption of ASC 842 represents an impairment charge on operating lease ROU assets arising from existing operating leases as of January 1, 2019. After netting with the related impact on deferred taxes of $19 million and the impact on noncontrolling interests of $3 million, we recorded a cumulative adjustment of $60 million to retained earnings in accordance with the transition guidance for the new lease standard. For those restaurants under operating leases with full impairment on their long-lived assets (primarily property, plant and equipment) before January 1, 2019, an additional impairment charge would have been recorded before January 1, 2019 had the operating lease ROU assets been recognized at the time of impairment. (b) Reflect incremental restaurant-level impairment upon adoption of ASC 842 (c) Restaurant-level impairment changes resulted primarily from our semi-annual impairment evaluation of long-lived assets of individual restaurants that were being operated at the time of impairment and had not been offered for refranchising.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 12 – Income Taxes Quarter Ended Year to Date Ended 6/30/2019 6/30/2018 6/30/2019 6/30/2018 Income tax provision $ 46 $ 53 $ 139 $ 160 Effective tax rate 20.0 % 26.0 % 25.2 % 26.4 % The lower effective tax rate for the quarter was primarily due to lower accrued tax on Global Intangible Low Taxed Income (“GILTI”) In December 2017, the U.S. enacted the Tax Act , which included a broad range of tax reforms, including, but not limited , the elimination or reduction of certain business deductions and the imposition of tax on deemed repatriation of accumulated undistributed foreign earnings. The Tax Act impacted Yum China in two material aspects: (1) in general, all of the foreign-source dividends received by Yum China from its foreign subsidiaries are exempted from taxation starting from the tax year beginning after December 31, 2017 and (2) Yum China recorded additional income tax expense in the fourth quarter of 2017, including an estimated one-time transition tax on its deemed repatriation of accumulated undistributed foreign earnings and additional tax related to the revaluation of certain deferred tax assets. We completed our analysis of the Tax Act in the fourth quarter of 2018 according to guidance released by the U.S. Treasury Department and the IRS as of December 2018 and made a reversal to provisional amount in the amount of $36 million for the transition tax recorded in 2017 accordingly. The U.S. Treasury Department and the IRS released the final transition tax regulations on January 15, 2019, which were published in the Federal Register and became effective on February 5, 2019. We completed the evaluation of the impact on our transition tax computation based on the final regulations released in the first quarter of 2019 and recorded an additional amount of $8 million for the transition tax accordingly. The Tax Act requires a U.S. shareholder to be subject to tax on GILTI

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Segment Reporting	Note 13 –Segment Reporting We have two reportable segments: KFC and Pizza Hut. Starting from the first quarter of 2019, our newly developed COFFii & JOY concept and e-commerce business became operating segments, as their financial results started being regularly reviewed by the Company’s chief operating decision maker. Accordingly, our six non-reportable operating segments, reflecting the operations of East Dawning, Little Sheep, Taco Bell, Daojia, COFFii & JOY and our e-commerce business, are combined and referred to as All Other Segments, as those operating segments are insignificant both individually and in the aggregate. Segment financial information for prior quarters has been recast to align with this change in segment reporting. There was no impact on the consolidated financial statements of the Company as a result of this change. Quarter Ended 6/30/2019 Revenues KFC Pizza Hut All Other Segments Corporate and Unallocated (a) Combined Elimination Consolidated Revenue from external customers $ 1,458 $ 510 $ 22 $ 134 2,124 $ — $ 2,124 Inter-segment revenue — — 10 — 10 (10 ) — Total $ 1,458 $ 510 $ 32 $ 134 $ 2,134 $ (10 ) $ 2,124 Quarter Ended 6/30/2018 Revenues KFC Pizza Hut All Other Segments Corporate and Unallocated (a) Combined Elimination Consolidated Revenue from external customers $ 1,400 $ 528 $ 18 $ 122 2,068 $ — $ 2,068 Inter-segment revenue — — 2 — 2 (2 ) — Total $ 1,400 $ 528 $ 20 $ 122 $ 2,070 $ (2 ) $ 2,068 Year to Date Ended 6/30/2019 Revenues KFC Pizza Hut All Other Segments Corporate and Unallocated (a) Combined Elimination Consolidated Revenue from external customers $ 3,050 $ 1,053 $ 45 $ 280 4,428 $ — $ 4,428 Inter-segment revenue — — 19 — 19 (19 ) — Total $ 3,050 $ 1,053 $ 64 $ 280 $ 4,447 $ (19 ) $ 4,428 Year to Date Ended 6/30/2018 Revenues KFC Pizza Hut All Other Segments Corporate and Unallocated (a) Combined Elimination Consolidated Revenue from external customers $ 2,898 $ 1,093 $ 38 $ 260 4,289 $ — $ 4,289 Inter-segment revenue — — 3 — 3 (3 ) — Total $ 2,898 $ 1,093 $ 41 $ 260 $ 4,292 $ (3 ) $ 4,289 Quarter Ended Year to Date Ended Operating Profit 6/30/2019 6/30/2018 6/30/2019 6/30/2018 KFC (b) $ 205 $ 199 $ 493 $ 495 Pizza Hut 29 19 79 53 All Other Segments (5 ) (6 ) (10 ) (10 ) Unallocated revenues from transactions with franchisees and unconsolidated affiliates (c) 133 122 278 259 Unallocated Other revenues 1 — 2 1 Unallocated expenses from transactions with franchisees and unconsolidated affiliates (c) (133 ) (120 ) (276 ) (257 ) Unallocated Other operating costs and expenses (1 ) — (2 ) (1 ) Unallocated and corporate G&A expenses (25 ) (19 ) (58 ) (52 ) Unallocated Other income (loss) (d) — (2 ) 1 100 Operating Profit $ 204 $ 193 $ 507 $ 588 Interest income, net (a) 10 10 19 18 Investment gain (a) 17 — 27 — Income Before Income Taxes $ 231 $ 203 $ 553 $ 606 Quarter Ended Year to Date Ended Impairment Charges 6/30/2019 6/30/2018 6/30/2019 6/30/2018 KFC (e) $ 4 $ 7 $ 12 $ 8 Pizza Hut (e) 6 12 11 13 All Other Segments 1 $ — $ 2 $ — $ 11 $ 19 $ 25 $ 21 Total Assets 6/30/2019 12/31/2018 KFC (f) $ 3,033 $ 1,745 Pizza Hut 1,003 558 All Other Segments 161 132 Corporate and Unallocated (g) 2,528 2,175 $ 6,725 $ 4,610 (a) Amounts have not been allocated to any segment for performance reporting purposes. (b) Includes equity income from investments in unconsolidated affiliates of $14 million and $12 million for the quarters ended June 30, 2019 and 2018, respectively, and $37 million and $35 million for the years to date ended June 30, 2019 and 2018, respectively. (c) Primarily includes revenues and associated expenses of tr ansactions with franchisee and unconsolidated affiliates derived from the Company’s central procurement model whereby the Company centrally purchases substantially all food and paper products from suppliers and then sells and delivers to restaurants, inclu ding franchisees and unconsolidated affiliates. Amounts have not been allocated to any segment for purposes of making operating decisions or assessing financial performance as the transactions are deemed corporate revenues and expenses in nature. (d) Primarily includes gain from re-measurement of the previously held equity interest in connection with the acquisition of Wuxi KFC (See Note 2). (e) Primarily includes store closure impairment charges, incremental restaurant-level impairment charges as a result of adopting ASC 842 and restaurant-level impairment charges resulting from our semi-annual impairment evaluation (See Note 11). ( f ) Includes investments in unconsolidated affiliates. (g) Primarily includes cash and cash equivalents, short-term investments, investment in equity securities, and inventories that are centrally managed.

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Contingencies	Note 14 – Contingencies Indemnification of China Tax on Indirect Transfers of Assets In February 2015, the Chinese State Taxation Administration (“STA”) issued Bulletin 7 on Income arising from Indirect Transfers of Assets by Non-Resident Enterprises. Pursuant to Bulletin 7, an “indirect transfer” of Chinese taxable assets, including equity interests in a Chinese resident enterprise, by a non-resident enterprise, may be recharacterized and treated as a direct transfer of Chinese taxable assets, if such arrangement does not have reasonable commercial purpose and the transferor has avoided payment of Chinese enterprise income tax. As a result, gains derived from such an indirect transfer may be subject to Chinese enterprise income tax at a rate of 10%. YUM concluded and we concurred that it is more likely than not that YUM will not be subject to this tax with respect to the distribution. However, there are significant uncertainties regarding what constitutes a reasonable commercial purpose, how the safe harbor provisions for group restructurings are to be interpreted and how the taxing authorities will ultimately view the distribution. As a result, YUM’s position could be challenged by Chinese tax authorities resulting in a 10% tax assessed on the difference between the fair market value and the tax basis of the separated China business. As YUM’s tax basis in the China business is minimal, the amount of such tax could be significant. Any tax liability arising from the application of Bulletin 7 to the distribution is expected to be settled in accordance with the tax matters agreement between the Company and YUM. Pursuant to the tax matters agreement, to the extent any Chinese indirect transfer tax pursuant to Bulletin 7 is imposed, such tax and related losses will be allocated between YUM and the Company in proportion to their respective share of the combined market capitalization of YUM and the Company during the 30 trading days after the separation. Such a settlement could be significant and have a material adverse effect on our results of operations and our financial condition. At the inception of the tax indemnity being provided to YUM, the fair value of the non-contingent obligation to stand ready to perform was insignificant and the liability for the contingent obligation to make payment was not probable or estimable. Guarantees From time to time we have guaranteed certain lines of credit and loans of franchisees and unconsolidated affiliates. As of June 30, 2019, we have provided guarantees of approximately $1 million on behalf of franchisees and no guarantees were outstanding for unconsolidated affiliates. Legal Proceedings From time to time, the Company is subject to various lawsuits covering a variety of allegations. The Company believes that the ultimate liability, if any, in excess of amounts already provided for these matters in the Condensed Consolidated Financial Statements, is not likely to have a material adverse effect on the Company’s results of operations, financial condition or cash flows. Matters faced by the Company from time to time include, but are not limited to, claims from landlords, employees, customers and others related to operational, contractual or employment issues.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events	Note 15 – Subsequent Events On July 30, 2019, the Company announced that the Board of Directors declared a cash dividend of $0.12 per share, payable as of the close of business on September 17, 2019 to stockholders of record as of the close of business on August 27, 2019. The total estimated cash dividend payable is approximately $46 million.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Basis of Presentation	Note 2 – Basis of Presentation Our preparation of the accompanying Condensed Consolidated Financial Statements in conformity with Generally Accepted Accounting Principles in the United States of America (“GAAP”) requires us to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. We have prepared the Condensed Consolidated Financial Statements in accordance with the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim financial information. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The Condensed Consolidated Financial Statements include all normal and recurring adjustments considered necessary to present fairly our financial position as of June 30, 2019, results of our operations and comprehensive income for the quarters and years to date ended June 30, 2019 and 2018, and cash flows for the years to date ended June 30, 2019 and 2018. Our results of operations, comprehensive income and cash flows for these interim periods are not necessarily indicative of the results to be expected for the full year. These statements should be read in conjunction with the consolidated financial statements and notes thereto defined and included in the Company’s Annual Report on Form 10-K as filed with the SEC on February 27, 2019. Through the acquisition of Daojia in 2017, the Company also acquired a variable interest entity (“VIE”) and subsidiaries of the VIE effectively controlled by Daojia. There exists a parent-subsidiary relationship between Daojia and its VIE as a result of certain exclusive agreements that require Daojia to consolidate its VIE and subsidiaries of the VIE because Daojia is the primary beneficiary that possesses the power to direct the activities of the VIE that most significantly impact its economic performance and has the obligation to absorb substantially all of the profits and all of the expected losses of the VIE. During the first quarter of 2018, the Company completed the acquisition of an additional 36% equity interest in an unconsolidated affiliate that operates KFC stores in Wuxi, China (“Wuxi KFC”), for cash consideration of approximately $98 million, increasing the Company’s equity interest to 83%, allowing the Company to consolidate the entity. The acquisition was considered immaterial. We began consolidating Wuxi KFC upon the completion of acquisition.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-02, Leases (Topic 842) Upon the adoption of ASC 842, the Company recognized right-of-use (“ROU”) The following table summarizes the effect on the Consolidated Balance Sheet as a result of adopting ASC 842. December 31, 2018 Effect of adoption January 1, 2019 ASSETS Current Assets Cash and cash equivalents $ 1,266 $ 1,266 Short-term investments 122 122 Accounts receivable, net 80 80 Inventories, net 307 307 Prepaid expenses and other current assets 177 (39 ) (a) 138 Total Current Assets 1,952 (39 ) 1,913 Property, plant and equipment, net 1,615 (1 ) 1,614 Operating lease right-of-use assets — 1,997 (b) 1,997 Goodwill 266 266 Intangible assets, net 116 (2 ) (c) 114 Deferred income taxes 89 19 (d) 108 Investments in unconsolidated affiliates 81 (1 ) 80 Other assets 491 (4 ) (c) 487 Total Assets $ 4,610 $ 1,969 $ 6,579 LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND EQUITY Current Liabilities Accounts payable and other current liabilities $ 1,199 $ 320 (e) $ 1,519 Income taxes payable 54 54 Total Current Liabilities 1,253 320 1,573 Non-current operating lease liabilities — 1,860 (f) 1,860 Non-current finance lease liabilities 25 — 25 Other liabilities 355 (148 ) (g) 207 Total Liabilities 1,633 2,032 3,665 Redeemable Noncontrolling Interest 1 1 Equity Common stock 4 4 Treasury stock (460 ) (460 ) Additional paid-in capital 2,402 2,402 Retained earnings 944 (60 ) (h) 884 Accumulated other comprehensive loss (17 ) (17 ) Total Equity – Yum China Holdings, Inc. 2,873 (60 ) 2,813 Noncontrolling interests 103 (3 ) (i) 100 Total Equity 2,976 (63 ) 2,913 Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 4,610 $ 1,969 $ 6,579 (a) Represents the current portion of prepaid rent reclassified to operating lease ROU assets. (b) Represents the net result of capitalization of operating lease payments and reclassification of prepaid rent, initial direct cost, deferred rent accrual and lease incentives, and offset by impairment of operating lease ROU assets that existed prior to the date of adoption. (c) Represents initial direct cost, favorable lease and non-current prepaid rent reclassified to operating lease ROU assets. (d) Represents the deferred tax impact related to impairment of operating lease ROU assets. (e) Represents recognition of the current portion of operating lease liabilities, offset by the reclassification of accrued rental payments and the current portion of deferred rent accrual to operating lease ROU assets. (f) Represents recognition of the non-current operating lease liabilities. (g) Represents reclassification of the non-current portion of deferred rent accrual and lease incentives to operating lease ROU assets. (h) Represents an impairment charge on operating lease ROU assets arising from existing operating leases as of January 1, 2019, net of related impact on deferred taxes and noncontrolling interests, with a corresponding reduction to the carrying amount of operating lease ROU assets. The impairment charge was recorded for those restaurants under operating leases with full impairment on the long-lived assets before January 1, 2019, as the additional impairment charge would have been recorded before January 1, 2019 had the operating lease ROU assets been recognized at the time of impairment. (i) Represents impairment of operating lease ROU assets attributable to noncontrolling interests. In February 2018, the FASB issued ASU 2018-02, Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718) Improvements to Nonemployee Share-Based Payment Accounting Revenue from Contracts with Customers Certain prior period items in the Condensed Consolidated Financial Statements have been reclassified to conform to the current period’s presentation to facilitate comparison.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Summary of Effect on Consolidated Balance Sheets as Result of Adopting ASU 2016-02	The following table summarizes the effect on the Consolidated Balance Sheet as a result of adopting ASC 842. December 31, 2018 Effect of adoption January 1, 2019 ASSETS Current Assets Cash and cash equivalents $ 1,266 $ 1,266 Short-term investments 122 122 Accounts receivable, net 80 80 Inventories, net 307 307 Prepaid expenses and other current assets 177 (39 ) (a) 138 Total Current Assets 1,952 (39 ) 1,913 Property, plant and equipment, net 1,615 (1 ) 1,614 Operating lease right-of-use assets — 1,997 (b) 1,997 Goodwill 266 266 Intangible assets, net 116 (2 ) (c) 114 Deferred income taxes 89 19 (d) 108 Investments in unconsolidated affiliates 81 (1 ) 80 Other assets 491 (4 ) (c) 487 Total Assets $ 4,610 $ 1,969 $ 6,579 LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND EQUITY Current Liabilities Accounts payable and other current liabilities $ 1,199 $ 320 (e) $ 1,519 Income taxes payable 54 54 Total Current Liabilities 1,253 320 1,573 Non-current operating lease liabilities — 1,860 (f) 1,860 Non-current finance lease liabilities 25 — 25 Other liabilities 355 (148 ) (g) 207 Total Liabilities 1,633 2,032 3,665 Redeemable Noncontrolling Interest 1 1 Equity Common stock 4 4 Treasury stock (460 ) (460 ) Additional paid-in capital 2,402 2,402 Retained earnings 944 (60 ) (h) 884 Accumulated other comprehensive loss (17 ) (17 ) Total Equity – Yum China Holdings, Inc. 2,873 (60 ) 2,813 Noncontrolling interests 103 (3 ) (i) 100 Total Equity 2,976 (63 ) 2,913 Total Liabilities, Redeemable Noncontrolling Interest and Equity $ 4,610 $ 1,969 $ 6,579 (a) Represents the current portion of prepaid rent reclassified to operating lease ROU assets. (b) Represents the net result of capitalization of operating lease payments and reclassification of prepaid rent, initial direct cost, deferred rent accrual and lease incentives, and offset by impairment of operating lease ROU assets that existed prior to the date of adoption. (c) Represents initial direct cost, favorable lease and non-current prepaid rent reclassified to operating lease ROU assets. (d) Represents the deferred tax impact related to impairment of operating lease ROU assets. (e) Represents recognition of the current portion of operating lease liabilities, offset by the reclassification of accrued rental payments and the current portion of deferred rent accrual to operating lease ROU assets. (f) Represents recognition of the non-current operating lease liabilities. (g) Represents reclassification of the non-current portion of deferred rent accrual and lease incentives to operating lease ROU assets. (h) Represents an impairment charge on operating lease ROU assets arising from existing operating leases as of January 1, 2019, net of related impact on deferred taxes and noncontrolling interests, with a corresponding reduction to the carrying amount of operating lease ROU assets. The impairment charge was recorded for those restaurants under operating leases with full impairment on the long-lived assets before January 1, 2019, as the additional impairment charge would have been recorded before January 1, 2019 had the operating lease ROU assets been recognized at the time of impairment. (i) Represents impairment of operating lease ROU assets attributable to noncontrolling interests.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2019
Revenue From Contract With Customer [Abstract]
Schedule of Disaggregation of Revenue by Types of Arrangements and Segments	The following table presents revenue disaggregated by types of arrangements and segments: Quarter Ended 6/30/2019 Revenues KFC Pizza Hut All Other Segments (a) Corporate and Unallocated (a) Combined Elimination Consolidated Company sales $ 1,410 $ 507 $ 9 $ — $ 1,926 $ — $ 1,926 Franchise fees and income 33 1 2 — 36 — 36 Revenues from transactions with franchisees and unconsolidated affiliates 15 1 5 133 154 — 154 Other revenues — 1 16 1 18 (10 ) 8 Total revenues $ 1,458 $ 510 $ 32 $ 134 $ 2,134 $ (10 ) $ 2,124 Quarter Ended 6/30/2018 Revenues KFC Pizza Hut All Other Segments (a) Corporate and Unallocated (a) Combined Elimination Consolidated Company sales $ 1,352 $ 528 $ 8 $ — $ 1,888 $ — $ 1,888 Franchise fees and income 33 — 1 — 34 — 34 Revenues from transactions with franchisees and unconsolidated affiliates 15 — 4 122 141 — 141 Other revenues — — 7 — 7 (2 ) 5 Total revenues $ 1,400 $ 528 $ 20 $ 122 $ 2,070 $ (2 ) $ 2,068 Year to Date Ended 6/30/2019 Revenues KFC Pizza Hut All Other Segments (a) Corporate and Unallocated (a) Combined Elimination Consolidated Company sales $ 2,949 $ 1,048 $ 18 $ — $ 4,015 $ — $ 4,015 Franchise fees and income 69 2 4 — 75 — 75 Revenues from transactions with franchisees and unconsolidated affiliates 32 2 12 278 324 — 324 Other revenues — 1 30 2 33 (19 ) 14 Total revenues $ 3,050 $ 1,053 $ 64 $ 280 $ 4,447 $ (19 ) $ 4,428 Year to Date Ended 6/30/2018 Revenues KFC Pizza Hut All Other Segments (a) Corporate and Unallocated (a) Combined Elimination Consolidated Company sales $ 2,796 $ 1,092 $ 16 $ — $ 3,904 $ — $ 3,904 Franchise fees and income 70 1 3 — 74 — 74 Revenues from transactions with franchisees and unconsolidated affiliates 32 — 11 259 302 — 302 Other revenues — — 11 1 12 (3 ) 9 Total revenues $ 2,898 $ 1,093 $ 41 $ 260 $ 4,292 $ (3 ) $ 4,289 (a) As COFFii & JOY and our e-commerce business became operating segments starting from the first quarter of 2019, revenue by segment information for prior quarters has been recast to align with the change in segment reporting. Additional details on our reportable segments are included in Note 13.
Contract Liabilities	Contract liabilities at June 30, 2019 and December 31, 2018 were as follows: Contract liabilities 6/30/2019 12/31/2018 - Deferred revenue related to prepaid stored-value products $ 80 $ 73 - Deferred revenue related to customer loyalty programs 22 17 - Deferred revenue related to upfront fees 37 37 Total $ 139 $ 127

Earnings Per Common Share ("E_2

Earnings Per Common Share ("EPS") (Tables)	6 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Common Share	The following table summarizes the components of basic and diluted EPS (in millions, except per share data): Quarter Ended Year to Date Ended 6/30/2019 6/30/2018 6/30/2019 6/30/2018 Net Income – Yum China Holdings, Inc. $ 178 $ 143 $ 400 $ 431 Weighted-average common shares outstanding (for basic calculation) (a) 378 386 378 386 Effect of dilutive share-based awards (a) 8 10 8 11 Effect of dilutive warrants (b) 3 2 3 3 Weighted-average common and dilutive potential common shares outstanding (for diluted calculation) 389 398 389 400 Basic Earnings Per Common Share $ 0.47 $ 0.37 $ 1.06 $ 1.12 Diluted Earnings Per Common Share $ 0.46 $ 0.36 $ 1.03 $ 1.08 Share-based awards excluded from the diluted EPS computation (c) 2 1 2 1 (a) As a result of the separation, shares of Yum China common stock were distributed to YUM’s shareholders of record as of October 19, 2016 and included in the calculated weighted-average common shares outstanding. Holders of outstanding YUM equity awards generally received both adjusted YUM awards and Yum China awards, or adjusted awards on shares of common stock of either YUM or Yum China in their entirety. Any subsequent exercise of these awards, whether held by the Company’s employees or YUM’s employees, would increase the number of common shares outstanding. The outstanding equity awards are included in the computation of diluted EPS, if there is dilutive effect. (b ) Pursuant to the investment agreements dated September 1, 2016, Yum China issued to strategic investors two tranches of warrants on January 9, 2017, with each tranche initially providing the right to purchase 8,200,405 shares of Yum China common stock, at an exercise price of $31.40 and $39.25 per share, respectively, subject to customary anti-dilution adjustments. The warrants may be exercised at any time through October 31, 2021. The outstanding warrants are included in the computation of diluted EPS, if there is dilutive effect when the average market price of Yum China common stock for the period exceeds the exercise price of the warrants. (c) These outstanding stock appreciation rights, restricted stock units and performance share units were not included in the computation of diluted EPS because to do so would have been antidilutive for the quarters and years to date presented.

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2019
Stockholders Equity Note [Abstract]
Changes in Equity and Redeemable Noncontrolling Interest	Yum China Holdings, Inc. Accumulated Common Additional Other Redeemable Stock Paid-in Retained Comprehensive Treasury Stock Noncontrolling Total Noncontrolling Shares Amount Capital Earnings Income (Loss) Shares Amount Interests Equity Interest Balance at March 31, 2019 394 $ 4 $ 2,408 $ 1,060 $ 39 (15 ) $ (525 ) $ 76 $ 3,062 $ 1 Net Income 178 7 185 Foreign currency translation adjustments (56 ) (2 ) (58 ) Comprehensive income 127 Cash dividends declared ($0.12 per common share) (45 ) (45 ) Repurchase of shares of common stock (2 ) (75 ) (75 ) Exercise and vesting of share-based awards — — — — Share-based compensation 9 9 Balance at June 30, 2019 394 $ 4 $ 2,417 $ 1,193 $ (17 ) (17 ) $ (600 ) $ 81 $ 3,078 $ 1 Balance at March 31, 2018 390 $ 4 $ 2,381 $ 646 $ 224 (4 ) $ (148 ) $ 91 $ 3,198 $ 5 Net Income 143 7 150 Foreign currency translation adjustments (143 ) (5 ) (148 ) Comprehensive income 2 Cash dividends declared ($0.1 per common share) (38 ) (38 ) Repurchase of shares of common stock (2 ) (73 ) (73 ) Exercise and vesting of share-based awards 1 — — — Share-based compensation 7 7 Balance at June 30, 2018 391 $ 4 $ 2,388 $ 751 $ 81 (6 ) $ (221 ) $ 93 $ 3,096 $ 5 Yum China Holdings, Inc. Accumulated Common Additional Other Redeemable Stock Paid-in Retained Comprehensive Treasury Stock Noncontrolling Total Noncontrolling Shares Amount Capital Earnings (Loss) Income Shares Amount Interests Equity Interest Balance at December 31, 2018 392 $ 4 $ 2,402 $ 944 $ (17 ) (13 ) $ (460 ) $ 103 $ 2,976 $ 1 Net Income 400 14 414 Foreign currency translation adjustments — 1 1 Comprehensive income 415 Cash dividends declared ($0.24 per common share) (91 ) (91 ) Dividends declared (34 ) (34 ) Repurchase of shares of common stock (4 ) (140 ) (140 ) Exercise and vesting of share-based awards 2 — — — Share-based compensation 15 15 Cumulative effect of accounting change (60 ) (3 ) (63 ) Balance at June 30, 2019 394 $ 4 $ 2,417 $ 1,193 $ (17 ) (17 ) $ (600 ) $ 81 $ 3,078 $ 1 Balance at December 31, 2017 389 $ 4 $ 2,375 $ 397 $ 137 (4 ) $ (148 ) $ 77 $ 2,842 $ 5 Net Income 431 15 446 Foreign currency translation adjustments (56 ) (2 ) (58 ) Comprehensive income 388 Acquisition of business 36 36 Cash dividends declared ($0.2 per common share) (77 ) (77 ) Dividends declared (33 ) (33 ) Repurchase of shares of common stock (2 ) (73 ) (73 ) Exercise and vesting of share-based awards 2 — — — Share-based compensation 13 13 Balance at June 30, 2018 391 $ 4 $ 2,388 $ 751 $ 81 (6 ) $ (221 ) $ 93 $ 3,096 $ 5

Other Income, Net (Tables)

Other Income, Net (Tables)	6 Months Ended
	Jun. 30, 2019
Other Income And Expenses [Abstract]
Other Income, Net	Quarter Ended Year to Date Ended 6/30/2019 6/30/2018 6/30/2019 6/30/2018 Equity income from investments in unconsolidated affiliates $ 14 $ 12 $ 37 $ 35 Gain from re-measurement of equity interest upon acquisition (a) — — — 98 Foreign exchange impact and other (2 ) (5 ) (6 ) — Other income, net $ 12 $ 7 $ 31 $ 133 (a) As a result of the acquisition of Wuxi KFC in the first quarter of 2018, as disclosed in Note 2, the Company recognized a gain of $98 million from the re-measurement of our previously held 47% equity interest at fair value, which was not allocated to any segment for performance reporting purposes.

Supplemental Balance Sheet In_2

Supplemental Balance Sheet Information (Tables)	6 Months Ended
	Jun. 30, 2019
Balance Sheet Related Disclosures [Abstract]
Accounts Receivable, Net	Accounts Receivable, net 6/30/2019 12/31/2018 Accounts receivable, gross $ 87 $ 81 Allowance for doubtful accounts (2 ) (1 ) Accounts receivable, net $ 85 $ 80
Prepaid Expenses and Other Current Assets	Prepaid Expenses and Other Current Assets 6/30/2019 12/31/2018 Receivables from payment processors and aggregators $ 45 $ 49 Dividends receivable from unconsolidated affiliates 43 20 Prepaid rent 1 42 Other prepaid expenses and current assets 74 66 Prepaid expenses and other current assets $ 163 $ 177
Property, Plant and Equipment	Property, Plant and Equipment 6/30/2019 12/31/2018 Buildings and improvements $ 2,162 $ 2,121 Finance leases, primarily buildings 27 26 Machinery, equipment and construction in progress 1,210 1,201 Property, plant and equipment, gross 3,399 3,348 Accumulated depreciation (1,828 ) (1,733 ) Property, plant and equipment, net $ 1,571 $ 1,615
Accounts Payable and Other Current Liabilities	Other Assets 6/30/2019 12/31/2018 VAT assets $ 243 $ 226 Land use right 137 138 Long-term deposits 68 64 Investment in equity securities 74 47 Costs to obtain contracts 9 8 Others 4 8 Other Assets $ 535 $ 491 Accounts Payable and Other Current Liabilities 6/30/2019 12/31/2018 Accounts payable $ 588 $ 619 Operating leases liabilities 369 — Accrued compensation and benefits 188 200 Contract liabilities 109 96 Accrued capital expenditures 104 137 Accrued marketing expenses 91 32 Other current liabilities 120 115 Accounts payable and other current liabilities $ 1,569 $ 1,199
Other Liabilities and Deferred Credits	Other Liabilities 6/30/2019 12/31/2018 Accrued income tax payable $ 66 $ 71 Deferred income tax liabilities 61 65 Contract liabilities 30 31 Deferred rental accrual — 144 Other non-current liabilities 44 44 Other liabilities $ 201 $ 355

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Changes in the Carrying Amount of Goodwill	The changes in the carrying amount of goodwill are as follows: Total Company KFC Pizza Hut All Other Segments Balance as of December 31, 2018 Goodwill, gross $ 648 $ 238 $ 19 $ 391 Accumulated impairment losses (a) (382 ) — — (382 ) Goodwill, net 266 238 19 9 Balance as of June 30, 2019 Goodwill, gross 648 238 19 391 Accumulated impairment losses (a) (382 ) — — (382 ) Goodwill, net $ 266 $ 238 $ 19 $ 9 ( a ) Accumulated impairment losses represent Little Sheep goodwill impairment.
Schedule of Finite and Indefinite Lived Intangible Assets by Major Class	Intangible assets, net as of June 30, 2019 and December 31, 2018 are as follows: 6/30/2019 12/31/2018 Gross Carrying Amount (a) Accumulated Amortization Accumulated impairment losses Net Carrying Amount Gross Carrying Amount Accumulated Amortization Accumulated impairment losses Net Carrying Amount Definite-lived intangible assets Reacquired franchise rights $ 150 $ (109 ) $ — $ 41 $ 150 $ (100 ) $ — $ 50 Daojia platform 17 (3 ) (10 ) 4 16 (3 ) (10 ) 3 Customer-related assets 12 (9 ) (2 ) 1 12 (8 ) (2 ) 2 Others (b) 9 (3 ) — 6 17 (9 ) — 8 $ 188 $ (124 ) $ (12 ) $ 52 $ 195 $ (120 ) $ (12 ) $ 63 Indefinite-lived intangible assets Little Sheep trademark $ 53 $ — $ — $ 53 $ 53 $ — $ — $ 53 Total intangible assets $ 241 $ (124 ) $ (12 ) $ 105 $ 248 $ (120 ) $ (12 ) $ 116 (a) Changes in gross carrying amount include the effect of currency translation adjustment. (b) Decrease in Others during year to date ended June 30, 2019 is primarily due to the reclassification of favorable lease assets, with a gross carrying amount of $7 million and accumulated amortization of $5 million, to right-of-use assets upon adoption of ASC 842.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Summary of Supplemental Balance Sheet	Supplemental Balance Sheet 6/30/2019 Account Classification Assets Operating lease right-of-use assets $ 1,954 Operating lease right-of-use assets Finance lease right-of-use assets 15 Property, plant and equipment, net Total leased assets $ 1,969 Liabilities Current Operating lease liabilities $ 369 Accounts payable and other current liabilities Finance lease liabilities 1 Accounts payable and other current liabilities Non-current Operating lease liabilities 1,795 Non-current operating lease liabilities Finance lease liabilities 24 Non-current finance lease liabilities Total lease liabilities $ 2,189
Summary of Lease Cost	Summary of Lease Cost Quarter Ended Year to Date Ended Account Classification 6/30/2019 6/30/2019 Operating lease cost $ 117 $ 234 Occupancy and other operating expenses, G&A or Franchise expenses Finance lease cost Amortization of leased assets 1 1 Occupancy and other operating expenses Interest on lease liabilities 1 1 Interest expense, net Variable lease cost 80 171 Occupancy and other operating expenses or Franchise expenses Short-term lease cost 2 5 Occupancy and other operating expenses or G&A Sublease income (7 ) (14 ) Franchise fees and income or Other revenues Total lease cost $ 194 $ 398
Schedule of Supplemental Cash Flow Information	Supplemental Cash Flow Information Quarter Ended Year to Date Ended 6/30/2019 6/30/2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 114 $ 241 Operating cash flows from finance leases 1 1 Financing cash flows from finance leases 1 1 Right-of-use assets obtained in exchange for new lease liabilities (a) Operating leases $ 62 $ 119 Finance leases 1 — (a) This also includes noncash transactions resulting in adjustments to the lease liability or ROU asset due to modification or other reassessment events.
Schedule of Lease Terms and Discount Rate	Lease Term and Discount Rate 6/30/2019 Weighted-average remaining lease term (years) Operating leases 7.2 Finance leases 12.1 Weighted-average discount rate Operating leases 6.1 % Finance leases 5.7 %
Summary of Maturities of Lease Liabilities	Maturities of lease liabilities as of June 30, 2019 were as follows: Amount of Operating Leases Amount of Finance Leases Total Remainder of 2019 $ 256 $ 1 $ 257 2020 459 3 462 2021 415 3 418 2022 355 3 358 2023 290 3 293 Thereafter 916 22 938 Total undiscounted lease payment 2,691 35 2,726 Less: imputed interest (b) 527 10 537 Present value of lease liabilities $ 2,164 $ 25 $ 2,189 (b) As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the lease commencement date in determining the imputed interest and present value of lease payments. We used the incremental borrowing rate on January 1, 2019 for operating leases that commenced prior to that date.
Summary of Future Minimum Lease Payments under Non-Cancellable Leases	Future minimum lease payments under non-cancellable leases as of December 31, 2018 were as follows: Commitments Amount of Operating Leases Amount of Finance Leases Total 2019 $ 466 $ 3 $ 469 2020 440 3 443 2021 394 3 397 2022 336 3 339 2023 275 3 278 Thereafter 864 22 886 $ 2,775 $ 37 $ 2,812

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Assets Measured on Recurring Basis or Disclosed at Fair Value	The following table is a summary of our financial assets measured on a recurring basis or disclosed at fair value and the level within the fair value hierarchy in which the measurement falls. The Company classifies its cash equivalents, short-term investments and investment in equity securities within Level 1 or Level 2 in the fair value hierarchy because it uses quoted market prices or alternative pricing sources and models utilizing market observable inputs to determine their fair value. No transfers among the levels within the fair value hierarchy occurred during the quarter ended June 30, 2019. Fair Value Measurement or Disclosure at June 30, 2019 Balance at June 30, 2019 Level 1 Level 2 Level 3 Cash equivalents: Time deposits $ 719 $ — $ 719 $ — Money market funds 193 193 Total cash equivalents 912 193 719 — Short-term investments: Time deposits 284 284 Total short-term investments 284 — 284 — Other assets: Investment in equity securities 74 74 Total $ 1,270 $ 267 $ 1,003 $ — Fair Value Measurement or Disclosure at December 31, 2018 Balance at December 31, 2018 Level 1 Level 2 Level 3 Cash equivalents: Time deposits $ 570 $ — $ 570 $ — Money market funds 226 226 Fixed rate debt securities (a) 153 153 Total cash equivalents 949 379 570 — Short-term investments: Time deposits 122 122 Total short-term investments 122 — 122 — Other assets: Investment in equity securities 47 47 Total $ 1,118 $ 426 $ 692 $ — (a) Classified as held-to-maturity investments and measured at amortized cost.
Schedule of Amounts Recognized From Non-recurring Fair Value Measurements	The following table presents amounts recognized from all non-recurring fair value measurements using Level 3 inputs during the quarters and years to date ended June 30, 2019 and 2018. These amounts exclude fair value measurements made for restaurants that were closed or refranchised prior to those respective period-end dates. Quarter Ended Year to Date Ended 6/30/2019 6/30/2018 6/30/2019 6/30/2018 Account Classification ROU impairment prior to the adoption of ASC 842 (a) $ — $ — $ 82 $ — Retained Earnings Incremental restaurant-level impairment upon adoption of ASC 842 (b) — — 12 — Closure and impairment expenses, net Restaurant-level impairment (c) 7 13 7 13 Closure and impairment expenses, net Total $ 7 $ 13 $ 101 $ 13 (a) ROU impairment prior to the adoption of ASC 842 represents an impairment charge on operating lease ROU assets arising from existing operating leases as of January 1, 2019. After netting with the related impact on deferred taxes of $19 million and the impact on noncontrolling interests of $3 million, we recorded a cumulative adjustment of $60 million to retained earnings in accordance with the transition guidance for the new lease standard. For those restaurants under operating leases with full impairment on their long-lived assets (primarily property, plant and equipment) before January 1, 2019, an additional impairment charge would have been recorded before January 1, 2019 had the operating lease ROU assets been recognized at the time of impairment. (b) Reflect incremental restaurant-level impairment upon adoption of ASC 842 (c) Restaurant-level impairment changes resulted primarily from our semi-annual impairment evaluation of long-lived assets of individual restaurants that were being operated at the time of impairment and had not been offered for refranchising.

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Tax And Effective Tax Rate	Quarter Ended Year to Date Ended 6/30/2019 6/30/2018 6/30/2019 6/30/2018 Income tax provision $ 46 $ 53 $ 139 $ 160 Effective tax rate 20.0 % 26.0 % 25.2 % 26.4 %

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Quarter Ended 6/30/2019 Revenues KFC Pizza Hut All Other Segments Corporate and Unallocated (a) Combined Elimination Consolidated Revenue from external customers $ 1,458 $ 510 $ 22 $ 134 2,124 $ — $ 2,124 Inter-segment revenue — — 10 — 10 (10 ) — Total $ 1,458 $ 510 $ 32 $ 134 $ 2,134 $ (10 ) $ 2,124 Quarter Ended 6/30/2018 Revenues KFC Pizza Hut All Other Segments Corporate and Unallocated (a) Combined Elimination Consolidated Revenue from external customers $ 1,400 $ 528 $ 18 $ 122 2,068 $ — $ 2,068 Inter-segment revenue — — 2 — 2 (2 ) — Total $ 1,400 $ 528 $ 20 $ 122 $ 2,070 $ (2 ) $ 2,068 Year to Date Ended 6/30/2019 Revenues KFC Pizza Hut All Other Segments Corporate and Unallocated (a) Combined Elimination Consolidated Revenue from external customers $ 3,050 $ 1,053 $ 45 $ 280 4,428 $ — $ 4,428 Inter-segment revenue — — 19 — 19 (19 ) — Total $ 3,050 $ 1,053 $ 64 $ 280 $ 4,447 $ (19 ) $ 4,428 Year to Date Ended 6/30/2018 Revenues KFC Pizza Hut All Other Segments Corporate and Unallocated (a) Combined Elimination Consolidated Revenue from external customers $ 2,898 $ 1,093 $ 38 $ 260 4,289 $ — $ 4,289 Inter-segment revenue — — 3 — 3 (3 ) — Total $ 2,898 $ 1,093 $ 41 $ 260 $ 4,292 $ (3 ) $ 4,289 Quarter Ended Year to Date Ended Operating Profit 6/30/2019 6/30/2018 6/30/2019 6/30/2018 KFC (b) $ 205 $ 199 $ 493 $ 495 Pizza Hut 29 19 79 53 All Other Segments (5 ) (6 ) (10 ) (10 ) Unallocated revenues from transactions with franchisees and unconsolidated affiliates (c) 133 122 278 259 Unallocated Other revenues 1 — 2 1 Unallocated expenses from transactions with franchisees and unconsolidated affiliates (c) (133 ) (120 ) (276 ) (257 ) Unallocated Other operating costs and expenses (1 ) — (2 ) (1 ) Unallocated and corporate G&A expenses (25 ) (19 ) (58 ) (52 ) Unallocated Other income (loss) (d) — (2 ) 1 100 Operating Profit $ 204 $ 193 $ 507 $ 588 Interest income, net (a) 10 10 19 18 Investment gain (a) 17 — 27 — Income Before Income Taxes $ 231 $ 203 $ 553 $ 606 Quarter Ended Year to Date Ended Impairment Charges 6/30/2019 6/30/2018 6/30/2019 6/30/2018 KFC (e) $ 4 $ 7 $ 12 $ 8 Pizza Hut (e) 6 12 11 13 All Other Segments 1 $ — $ 2 $ — $ 11 $ 19 $ 25 $ 21 Total Assets 6/30/2019 12/31/2018 KFC (f) $ 3,033 $ 1,745 Pizza Hut 1,003 558 All Other Segments 161 132 Corporate and Unallocated (g) 2,528 2,175 $ 6,725 $ 4,610 (a) Amounts have not been allocated to any segment for performance reporting purposes. (b) Includes equity income from investments in unconsolidated affiliates of $14 million and $12 million for the quarters ended June 30, 2019 and 2018, respectively, and $37 million and $35 million for the years to date ended June 30, 2019 and 2018, respectively. (c) Primarily includes revenues and associated expenses of tr ansactions with franchisee and unconsolidated affiliates derived from the Company’s central procurement model whereby the Company centrally purchases substantially all food and paper products from suppliers and then sells and delivers to restaurants, inclu ding franchisees and unconsolidated affiliates. Amounts have not been allocated to any segment for purposes of making operating decisions or assessing financial performance as the transactions are deemed corporate revenues and expenses in nature. (d) Primarily includes gain from re-measurement of the previously held equity interest in connection with the acquisition of Wuxi KFC (See Note 2). (e) Primarily includes store closure impairment charges, incremental restaurant-level impairment charges as a result of adopting ASC 842 and restaurant-level impairment charges resulting from our semi-annual impairment evaluation (See Note 11). ( f ) Includes investments in unconsolidated affiliates. (g) Primarily includes cash and cash equivalents, short-term investments, investment in equity securities, and inventories that are centrally managed.

Description of the Business - N

Description of the Business - Narrative (Details)	Oct. 31, 2016	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Entity, date of incorporation		Apr. 1, 2016
Entity incorporation, state name		Delaware
Exchange ratio of shares	1
Expiration term of master license agreement		50 years
Additional consecutive renewal terms of license agreement		50 years
Percentage of license fees on net sales		3.00%

Basis of Presentation - Narrati

Basis of Presentation - Narrative (Details) - USD ($) $ in Millions	Jan. 01, 2019	Mar. 31, 2018	Jun. 30, 2019	Dec. 31, 2018	[1]
Summary Of Significant Accounting Policies [Line Items]
Operating lease right-of-use assets			$ 1,954
Operating lease liabilities			$ 2,164
ASU 2016-02 [Member]
Summary Of Significant Accounting Policies [Line Items]
Operating lease right-of-use assets	$ 2,000			$ 1,997
Operating lease liabilities	2,200
Asset impairment charge net of related impact on deferred taxes and noncontrolling interests	$ 60
Wuxi KFC [Member]
Summary Of Significant Accounting Policies [Line Items]
Percentage of additional equity interest acquired		36.00%
Cash consideration paid to acquire interest		$ 98
Equity interest in acquiree, including subsequent acquisition, percentage		83.00%
[1]	Represents the net result of capitalization of operating lease payments and reclassification of prepaid rent, initial direct cost, deferred rent accrual and lease incentives, and offset by impairment of operating lease ROU assets that existed prior to the date of adoption.

Basis of Presentation - Summary

Basis of Presentation - Summary of Effect on Consolidated Balance Sheets as Result of Adopting ASU 2016-02 (Details) - USD ($) $ in Millions		Jun. 30, 2019	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018		Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Current Assets
Cash and cash equivalents		$ 1,296			$ 1,266		$ 1,261		$ 1,059
Short-term investments		284			122
Accounts receivable, net		85			80
Inventories, net		309			307
Prepaid expenses and other current assets		163			177
Total Current Assets		2,137			1,952
Property, plant and equipment, net		1,571			1,615
Operating lease right-of-use assets		1,954
Goodwill		266			266
Intangible assets, net		105			116
Deferred income taxes		99			89
Investments in unconsolidated affiliates		58			81
Other assets		535			491
Total Assets		6,725			4,610
Current Liabilities
Accounts payable and other current liabilities		1,569			1,199
Income taxes payable		57			54
Total Current Liabilities		1,626			1,253
Non-current operating lease liabilities		1,795
Non-current finance lease liabilities		24			25
Other liabilities		201			355
Total Liabilities		3,646			1,633
Redeemable Noncontrolling Interest		1			1
Equity
Common stock		4			4
Treasury stock		(600)			(460)
Additional paid-in capital		2,417			2,402
Retained earnings		1,193			944
Accumulated other comprehensive loss		(17)			(17)
Total Equity – Yum China Holdings, Inc.		2,997			2,873
Noncontrolling interests		81			103
Total Equity		3,078	$ 3,062		2,976		$ 3,096	$ 3,198	$ 2,842
Total Liabilities, Redeemable Noncontrolling Interest and Equity		$ 6,725			4,610
As Adjusted [Member]
Current Assets
Cash and cash equivalents				$ 1,266
Short-term investments				122
Accounts receivable, net				80
Inventories, net				307
Prepaid expenses and other current assets				138
Total Current Assets				1,913
Property, plant and equipment, net				1,614
Operating lease right-of-use assets				1,997
Goodwill				266
Intangible assets, net				114
Deferred income taxes				108
Investments in unconsolidated affiliates				80
Other assets				487
Total Assets				6,579
Current Liabilities
Accounts payable and other current liabilities				1,519
Income taxes payable				54
Total Current Liabilities				1,573
Non-current operating lease liabilities				1,860
Non-current finance lease liabilities				25
Other liabilities				207
Total Liabilities				3,665
Redeemable Noncontrolling Interest				1
Equity
Common stock				4
Treasury stock				(460)
Additional paid-in capital				2,402
Retained earnings				884
Accumulated other comprehensive loss				(17)
Total Equity – Yum China Holdings, Inc.				2,813
Noncontrolling interests				100
Total Equity				2,913
Total Liabilities, Redeemable Noncontrolling Interest and Equity				6,579
Effect of Adoption [Member]
Current Assets
Prepaid expenses and other current assets	[1]				(39)
Total Current Assets					(39)
Property, plant and equipment, net					(1)
Operating lease right-of-use assets				$ 2,000	1,997	[2]
Intangible assets, net	[3]				(2)
Deferred income taxes	[4]				19
Investments in unconsolidated affiliates					(1)
Other assets	[3]				(4)
Total Assets					1,969
Current Liabilities
Accounts payable and other current liabilities	[5]				320
Total Current Liabilities					320
Non-current operating lease liabilities	[6]				1,860
Other liabilities	[7]				(148)
Total Liabilities					2,032
Equity
Retained earnings	[8]				(60)
Total Equity – Yum China Holdings, Inc.					(60)
Noncontrolling interests	[9]				(3)
Total Equity					(63)
Total Liabilities, Redeemable Noncontrolling Interest and Equity					$ 1,969
[1]	Represents the current portion of prepaid rent reclassified to operating lease ROU assets.
[2]	Represents the net result of capitalization of operating lease payments and reclassification of prepaid rent, initial direct cost, deferred rent accrual and lease incentives, and offset by impairment of operating lease ROU assets that existed prior to the date of adoption.
[3]	Represents initial direct cost, favorable lease and non-current prepaid rent reclassified to operating lease ROU assets.
[4]	Represents the deferred tax impact related to impairment of operating lease ROU assets.
[5]	Represents recognition of the current portion of operating lease liabilities, offset by the reclassification of accrued rental payments and the current portion of deferred rent accrual to operating lease ROU assets.
[6]	Represents recognition of the non-current operating lease liabilities.
[7]	Represents reclassification of the non-current portion of deferred rent accrual and lease incentives to operating lease ROU assets.
[8]	Represents an impairment charge on operating lease ROU assets arising from existing operating leases as of January 1, 2019, net of related impact on deferred taxes and noncontrolling interests, with a corresponding reduction to the carrying amount of operating lease ROU assets. The impairment charge was recorded for those restaurants under operating leases with full impairment on the long-lived assets before January 1, 2019, as the additional impairment charge would have been recorded before January 1, 2019 had the operating lease ROU assets been recognized at the time of impairment.
[9]	Represents impairment of operating lease ROU assets attributable to noncontrolling interests.

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Sep. 30, 2018
Revenue From Contract With Customer [Line Items]
Prepaid gift cards expiration period			36 months
Product vouchers maximum expiration period			12 months
Points expiration period			18 months
Number of days from the period in which the corresponding sales occur that trade receivables are generally due			30 days
Impairment losses related to costs to obtain contracts			$ 0		$ 0
Costs to obtain contracts	$ 9		9		$ 8	$ 9
Revenue recognized	$ 36	$ 18	$ 48	$ 30
KFC [Member]
Revenue From Contract With Customer [Line Items]
Franchisee agreement term			10 years
Pizza Hut [Member]
Revenue From Contract With Customer [Line Items]
Franchisee agreement term			10 years
Little Sheep [Member] | Minimum [Member]
Revenue From Contract With Customer [Line Items]
Franchisee agreement term			5 years
Little Sheep [Member] | Maximum [Member]
Revenue From Contract With Customer [Line Items]
Franchisee agreement term			10 years

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Disaggregation of Revenue by Types of Arrangements and Segments (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation Of Revenue [Line Items]
Total revenues		$ 2,124	$ 2,068	$ 4,428	$ 4,289
KFC [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		1,458	1,400	3,050	2,898
Pizza Hut [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		510	528	1,053	1,093
All Other Segments [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		22	18	45	38
Corporate and Unallocated [Member]
Disaggregation Of Revenue [Line Items]
Total revenues	[1]	134	122	280	260
Combined [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		2,134	2,070	4,447	4,292
Elimination [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		(10)	(2)	(19)	(3)
Elimination [Member] | All Other Segments [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		(10)	2	19
Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		2,124	2,068	4,428	4,289
Operating Segments [Member] | KFC [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		1,458	1,400	3,050	2,898
Operating Segments [Member] | Pizza Hut [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		510	528	1,053	1,093
Operating Segments [Member] | All Other Segments [Member]
Disaggregation Of Revenue [Line Items]
Total revenues		32	20	64	41
Company Sales [Member]
Disaggregation Of Revenue [Line Items]
Revenues		1,926	1,888	4,015	3,904
Company Sales [Member] | KFC [Member]
Disaggregation Of Revenue [Line Items]
Revenues		1,410	1,352	2,949	2,796
Company Sales [Member] | Pizza Hut [Member]
Disaggregation Of Revenue [Line Items]
Revenues		507	528	1,048	1,092
Company Sales [Member] | All Other Segments [Member]
Disaggregation Of Revenue [Line Items]
Revenues		9	8	18	16
Company Sales [Member] | Combined [Member]
Disaggregation Of Revenue [Line Items]
Revenues		1,926	1,888	4,015	3,904
Franchise [Member]
Disaggregation Of Revenue [Line Items]
Revenues		36	34	75	74
Franchise [Member] | KFC [Member]
Disaggregation Of Revenue [Line Items]
Revenues		33	33	69	70
Franchise [Member] | Pizza Hut [Member]
Disaggregation Of Revenue [Line Items]
Revenues		1		2	1
Franchise [Member] | All Other Segments [Member]
Disaggregation Of Revenue [Line Items]
Revenues		2	1	4	3
Franchise [Member] | Combined [Member]
Disaggregation Of Revenue [Line Items]
Revenues		36	34	75	74
Transactions With Franchisees and Unconsolidated Affiliates [Member]
Disaggregation Of Revenue [Line Items]
Revenues		154	141	324	302
Transactions With Franchisees and Unconsolidated Affiliates [Member] | KFC [Member]
Disaggregation Of Revenue [Line Items]
Revenues		15	15	32	32
Transactions With Franchisees and Unconsolidated Affiliates [Member] | Pizza Hut [Member]
Disaggregation Of Revenue [Line Items]
Revenues		1		2
Transactions With Franchisees and Unconsolidated Affiliates [Member] | All Other Segments [Member]
Disaggregation Of Revenue [Line Items]
Revenues		5	4	12	11
Transactions With Franchisees and Unconsolidated Affiliates [Member] | Corporate and Unallocated [Member]
Disaggregation Of Revenue [Line Items]
Revenues		133	122	278	259
Transactions With Franchisees and Unconsolidated Affiliates [Member] | Combined [Member]
Disaggregation Of Revenue [Line Items]
Revenues		154	141	324	302
Other Revenues [Member]
Disaggregation Of Revenue [Line Items]
Revenues		8	5	14	9
Other Revenues [Member] | Pizza Hut [Member]
Disaggregation Of Revenue [Line Items]
Revenues		1		1
Other Revenues [Member] | All Other Segments [Member]
Disaggregation Of Revenue [Line Items]
Revenues		16	7	30	11
Other Revenues [Member] | Corporate and Unallocated [Member]
Disaggregation Of Revenue [Line Items]
Revenues		1		2	1
Other Revenues [Member] | Combined [Member]
Disaggregation Of Revenue [Line Items]
Revenues		18	7	33	12
Other Revenues [Member] | Elimination [Member]
Disaggregation Of Revenue [Line Items]
Revenues		$ (10)	$ (2)	$ (19)	$ (3)
[1]	Amounts have not been allocated to any segment for performance reporting purposes.

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Contract liabilities
- Deferred revenue related to prepaid stored-value products	$ 80	$ 73
- Deferred revenue related to customer loyalty programs	22	17
- Deferred revenue related to upfront fees	37	37
Total	$ 139	$ 127

Earnings Per Common Share ("E_3

Earnings Per Common Share ("EPS") (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share [Abstract]
Net Income – Yum China Holdings, Inc.		$ 178	$ 143	$ 400	$ 431
Weighted-average common shares outstanding (for basic calculation)	[1]	378	386	378	386
Effect of dilutive share-based awards	[1]	8	10	8	11
Effect of dilutive warrants	[2]	3	2	3	3
Weighted-average common and dilutive potential common shares outstanding (for diluted calculation)		389	398	389	400
Basic Earnings Per Common Share		$ 0.47	$ 0.37	$ 1.06	$ 1.12
Diluted Earnings Per Common Share		$ 0.46	$ 0.36	$ 1.03	$ 1.08
Share-based awards excluded from the diluted EPS computation	[3]	2	1	2	1
[1]	As a result of the separation, shares of Yum China common stock were distributed to YUM’s shareholders of record as of October 19, 2016 and included in the calculated weighted-average common shares outstanding. Holders of outstanding YUM equity awards generally received both adjusted YUM awards and Yum China awards, or adjusted awards on shares of common stock of either YUM or Yum China in their entirety. Any subsequent exercise of these awards, whether held by the Company’s employees or YUM’s employees, would increase the number of common shares outstanding. The outstanding equity awards are included in the computation of diluted EPS, if there is dilutive effect.
[2]	Pursuant to the investment agreements dated September 1, 2016, Yum China issued to strategic investors two tranches of warrants on January 9, 2017, with each tranche initially providing the right to purchase 8,200,405 shares of Yum China common stock, at an exercise price of $31.40 and $39.25 per share, respectively, subject to customary anti-dilution adjustments. The warrants may be exercised at any time through October 31, 2021. The outstanding warrants are included in the computation of diluted EPS, if there is dilutive effect when the average market price of Yum China common stock for the period exceeds the exercise price of the warrants.
[3]	These outstanding stock appreciation rights, restricted stock units and performance share units were not included in the computation of diluted EPS because to do so would have been antidilutive for the quarters and years to date presented.

Earnings Per Common Share ("E_4

Earnings Per Common Share ("EPS") (Parenthetical) (Details)	Jan. 09, 2017Tranche$ / sharesshares
Class Of Warrant Or Right [Line Items]
Number of tranches of warrants | Tranche	2
Tranche One Warrants [Member]
Class Of Warrant Or Right [Line Items]
Warrants to purchase shares of common stock | shares	8,200,405
Exercise price of warrants | $ / shares	$ 31.40
Tranche Two Warrants [Member]
Class Of Warrant Or Right [Line Items]
Warrants to purchase shares of common stock | shares	8,200,405
Exercise price of warrants | $ / shares	$ 39.25

Equity (Details)

Equity (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Class Of Stock [Line Items]
Beginning balance	$ 3,062	$ 3,198	$ 2,976	$ 2,842
Net Income	185	150	414	446
Foreign currency translation adjustments	(58)	(148)	1	(58)
Comprehensive income - including noncontrolling interests	127	2	415	388
Acquisition of business				36
Cash dividends declared	(45)	(38)	(91)	(77)
Dividends declared			(34)	(33)
Repurchase of shares of common stock	(75)	(73)	$ (140)	$ (73)
Repurchase of shares of common stock, shares			(3.5)	(1.9)
Share-based compensation	9	7	$ 15	$ 13
Cumulative effect of accounting change			(63)
Ending balance	3,078	3,096	3,078	3,096
Common Stock [Member]
Class Of Stock [Line Items]
Beginning balance	$ 4	$ 4	$ 4	$ 4
Beginning balance (in shares)	394	390	392	389
Exercise and vesting of share-based awards, shares		1	2	2
Ending balance	$ 4	$ 4	$ 4	$ 4
Ending balance (in shares)	394	391	394	391
Additional Paid-in Capital [Member]
Class Of Stock [Line Items]
Beginning balance	$ 2,408	$ 2,381	$ 2,402	$ 2,375
Share-based compensation	9	7	15	13
Ending balance	2,417	2,388	2,417	2,388
Retained Earnings [Member]
Class Of Stock [Line Items]
Beginning balance	1,060	646	944	397
Net Income	178	143	400	431
Cash dividends declared	(45)	(38)	(91)	(77)
Cumulative effect of accounting change			(60)
Ending balance	1,193	751	1,193	751
Accumulated Other Comprehensive Income (Loss) [Member]
Class Of Stock [Line Items]
Beginning balance	39	224	(17)	137
Foreign currency translation adjustments	(56)	(143)		(56)
Ending balance	(17)	81	(17)	81
Treasury Stock [Member]
Class Of Stock [Line Items]
Beginning balance	$ (525)	$ (148)	$ (460)	$ (148)
Beginning balance (in shares)	(15)	(4)	(13)	(4)
Repurchase of shares of common stock	$ (75)	$ (73)	$ (140)	$ (73)
Repurchase of shares of common stock, shares	(2)	(2)	(4)	(2)
Ending balance	$ (600)	$ (221)	$ (600)	$ (221)
Ending balance (in shares)	(17)	(6)	(17)	(6)
Noncontrolling Interests [Member]
Class Of Stock [Line Items]
Beginning balance	$ 76	$ 91	$ 103	$ 77
Net Income	7	7	14	15
Foreign currency translation adjustments	(2)	(5)	1	(2)
Acquisition of business				36
Dividends declared			(34)	(33)
Cumulative effect of accounting change			(3)
Ending balance	81	93	81	93
Redeemable Noncontrolling Interest [Member]
Class Of Stock [Line Items]
Beginning balance	1	5	1	5
Ending balance	$ 1	$ 5	$ 1	$ 5

Equity (Parenthetical) (Details

Equity (Parenthetical) (Details) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Equity [Abstract]
Cash dividends declared, per common share	$ 0.12	$ 0.1	$ 0.24	$ 0.2

Equity - Narrative (Details)

Equity - Narrative (Details) - USD ($) shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Oct. 30, 2018	Oct. 04, 2017	Feb. 07, 2017
Equity [Abstract]
Stock repurchase program, authorized amount					$ 1,400,000,000	$ 550,000,000	$ 300,000,000
Treasury stock repurchased, shares			3.5	1.9
Treasury stock repurchased, value	$ 75,000,000	$ 73,000,000	$ 140,000,000	$ 73,000,000
Cost of shares repurchased with trade dates in the current reporting quarter, but settlement dates subsequent to the current quarter			2,000,000	$ 3,000,000
Stock repurchase program, remaining authorized repurchase amount	$ 820,000,000		$ 820,000,000

Items Affecting Comparability_2

Items Affecting Comparability of Net Income and Cash Flows - Narrative (Details) - USD ($) shares in Millions, $ in Millions		3 Months Ended				6 Months Ended
		Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018	Sep. 30, 2018
Gain from re-measurement of previously held ownership interest at fair value	[1]						$ 98
Unrealized investment gain	[2]	$ 17				$ 27
Transaction tax			$ 8
ASU 2016-02 [Member]
Impairment of long lived asset		7	$ 12	$ 13
Meituan Dianping [Member]
Number of ordinary shares subscribed								8.4
Maximum percentage of ordinary shares subscribed								1.00%
Fair value of Investment in Meituan's ordinary shares		74				74		$ 74
Unrealized investment gain		$ 17				$ 27
Wuxi KFC [Member]
Gain from re-measurement of previously held ownership interest at fair value					$ 98
Ownership interest previously held					47.00%
[1]	As a result of the acquisition of Wuxi KFC in the first quarter of 2018, as disclosed in Note 2, the Company recognized a gain of $98 million from the re-measurement of our previously held 47% equity interest at fair value, which was not allocated to any segment for performance reporting purposes.
[2]	Amounts have not been allocated to any segment for performance reporting purposes.

Other Income, Net (Details)

Other Income, Net (Details) - USD ($) $ in Millions		3 Months Ended				6 Months Ended
		Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018
Other Income And Expenses [Abstract]
Equity income from investments in unconsolidated affiliates		$ 14	$ 14	$ 12	$ 12	$ 37	$ 35
Gain from re-measurement of equity interest upon acquisition	[1]						98
Foreign exchange impact and other		(2)		(5)		(6)
Other income, net		$ 12		$ 7		$ 31	$ 133
[1]	As a result of the acquisition of Wuxi KFC in the first quarter of 2018, as disclosed in Note 2, the Company recognized a gain of $98 million from the re-measurement of our previously held 47% equity interest at fair value, which was not allocated to any segment for performance reporting purposes.

Other Income, Net (Parenthetica

Other Income, Net (Parenthetical) (Details) - USD ($) $ in Millions		3 Months Ended	6 Months Ended
		Mar. 31, 2018	Jun. 30, 2018
Other Operating Income (Expense), Net
Gain from re-measurement of previously held ownership interest at fair value	[1]		$ 98
Wuxi KFC [Member]
Other Operating Income (Expense), Net
Gain from re-measurement of previously held ownership interest at fair value		$ 98
Ownership interest previously held		47.00%
[1]	As a result of the acquisition of Wuxi KFC in the first quarter of 2018, as disclosed in Note 2, the Company recognized a gain of $98 million from the re-measurement of our previously held 47% equity interest at fair value, which was not allocated to any segment for performance reporting purposes.

Supplemental Balance Sheet In_3

Supplemental Balance Sheet Information (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018
Accounts Receivable, net
Accounts receivable, gross	$ 87	$ 81
Allowance for doubtful accounts	(2)	(1)
Accounts receivable, net	85	80
Prepaid Expenses and Other Current Assets
Receivables from payment processors and aggregators	45	49
Dividends receivable from unconsolidated affiliates	43	20
Prepaid rent	1	42
Other prepaid expenses and current assets	74	66
Prepaid expenses and other current assets	163	177
Other Assets
VAT assets	243	226
Land use right	137	138
Long-term deposits	68	64
Investment in equity securities	74	47
Costs to obtain contracts	9	8	$ 9
Others	4	8
Other Assets	535	491
Accounts Payable and Other Current Liabilities
Accounts payable	588	619
Operating leases liabilities	369
Accrued compensation and benefits	188	200
Contract liabilities	109	96
Accrued capital expenditures	104	137
Accrued marketing expenses	91	32
Other current liabilities	120	115
Accounts payable and other current liabilities	1,569	1,199
Other Liabilities
Accrued income tax payable	66	71
Deferred income tax liabilities	61	65
Contract liabilities	30	31
Deferred rental accrual		144
Other non-current liabilities	44	44
Other liabilities	$ 201	$ 355

Supplemental Balance Sheet In_4

Supplemental Balance Sheet Information (Details 1) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 3,399	$ 3,348
Accumulated depreciation	(1,828)	(1,733)
Property, plant and equipment, net	1,571	1,615
Buildings and Improvements [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	2,162	2,121
Finance Leases, Primarily Buildings [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	27	26
Machinery, Equipment and Construction in Progress [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 1,210	$ 1,201

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Details) - USD ($) $ in Millions		Jun. 30, 2019	Dec. 31, 2018
Goodwill [Line Items]
Goodwill, gross		$ 648	$ 648
Accumulated impairment losses	[1]	(382)	(382)
Goodwill, net		266	266
KFC [Member]
Goodwill [Line Items]
Goodwill, gross		238	238
Goodwill, net		238	238
Pizza Hut [Member]
Goodwill [Line Items]
Goodwill, gross		19	19
Goodwill, net		19	19
All Other Segments [Member]
Goodwill [Line Items]
Goodwill, gross		391	391
Accumulated impairment losses	[1]	(382)	(382)
Goodwill, net		$ 9	$ 9
[1]	Accumulated impairment losses represent Little Sheep goodwill impairment.

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Details 1) - USD ($) $ in Millions		Jun. 30, 2019		Dec. 31, 2018
Definite-lived intangible assets
Gross Carrying Amount		$ 188	[1]	$ 195
Accumulated Amortization		(124)		(120)
Accumulated impairment losses		(12)		(12)
Net Carrying Amount		52		63
Total intangible assets
Gross Carrying Amount		241	[1]	248
Intangible assets, net		105		116
Little Sheep [Member] | Trademark [Member]
Indefinite-lived Intangible Assets (Excluding Goodwill) [Abstract]
Net Carrying Amount		53		53
Reacquired franchise rights [Member]
Definite-lived intangible assets
Gross Carrying Amount		150	[1]	150
Accumulated Amortization		(109)		(100)
Net Carrying Amount		41		50
Daojia platform [Member]
Definite-lived intangible assets
Gross Carrying Amount		17	[1]	16
Accumulated Amortization		(3)		(3)
Accumulated impairment losses		(10)		(10)
Net Carrying Amount		4		3
Customer-related assets [Member]
Definite-lived intangible assets
Gross Carrying Amount		12	[1]	12
Accumulated Amortization		(9)		(8)
Accumulated impairment losses		(2)		(2)
Net Carrying Amount		1		2
Others [Member]
Definite-lived intangible assets
Gross Carrying Amount	[2]	9	[1]	17
Accumulated Amortization	[2]	(3)		(9)
Net Carrying Amount	[2]	$ 6		$ 8
[1]	Changes in gross carrying amount include the effect of currency translation adjustment.
[2]	Decrease in Others during year to date ended June 30, 2019 is primarily due to the reclassification of favorable lease assets, with a gross carrying amount of $7 million and accumulated amortization of $5 million, to right-of-use assets upon adoption of ASC 842.

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Parenthetical) (Details 1) $ in Millions	Jun. 30, 2019USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
Reclassification of favourable lease assets gross carrying amount to right of use assets upon adoption of ASU842	$ 7
Reclassification of accumulative amortization of favorable lease assets to right of use assets upon adoption of ASU842	$ 5

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018
Definite-lived intangible assets
Definite-lived intangible assets, amortization expense	$ 4	$ 7	$ 10	$ 13
Expected amortization expense for the unamortized definite-lived intangible assets - remainder of 2019			7
Expected amortization expense for the unamortized definite-lived intangible assets - 2020			13
Expected amortization expense for the unamortized definite-lived intangible assets - 2021			13
Expected amortization expense for the unamortized definite-lived intangible assets - 2022			13
Expected amortization expense for the unamortized definite-lived intangible assets - 2023			$ 3

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)Restaurant	Dec. 31, 2018USD ($)
Schedule Of Lease Assets And Liabilities [Line Items]
Number of restaurants operated | Restaurant	8,700
Additional lease signed but not commenced	$ 106
Present value of lease liabilities	25	$ 27
Finance lease imputed interest	10	10
Finance lease liabilities, Current	$ 1
Accounts Payable and Other Current Liabilities [Member]
Schedule Of Lease Assets And Liabilities [Line Items]
Finance lease liabilities, Current		$ 2
Maximum [Member]
Schedule Of Lease Assets And Liabilities [Line Items]
Lease agreements initial terms	20 years
Lease terms	20 years
Minimum [Member]
Schedule Of Lease Assets And Liabilities [Line Items]
Lease agreements initial terms	10 years
Lease terms	1 year

Leases - Summary of Supplementa

Leases - Summary of Supplemental Balance Sheet (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Schedule Of Lease Assets And Liabilities [Abstract]
Operating lease right-of-use assets	$ 1,954
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	yumc:OperatingLeaseRightOfUseAssetsMember
Finance lease right-of-use assets	$ 15
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:PropertyPlantAndEquipmentMember
Total leased assets	$ 1,969
Operating leases liabilities	369
Finance lease liabilities, Current	$ 1
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	yumc:AccountsPayableAndOtherCurrentLiabilitiesMember
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	yumc:AccountsPayableAndOtherCurrentLiabilitiesMember
Non-current operating lease liabilities	$ 1,795
Non-current finance lease liabilities	$ 24	$ 25
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	yumc:NonCurrentOperatingLeaseLiabilitiesMember
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	yumc:NonCurrentFinancingLeaseLiabilitiesMember
Total lease liabilities	$ 2,189

Leases - Summary of Lease Cost

Leases - Summary of Lease Cost (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Lease Cost [Abstract]
Operating lease cost	$ 117	$ 234
Finance lease cost
Amortization of leased assets	1	1
Interest on lease liabilities	1	1
Variable lease cost	80	171
Short-term lease cost	2	5
Sublease income	(7)	(14)
Total lease cost	$ 194	$ 398

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 114	$ 241
Operating cash flows from finance leases	1	1
Financing cash flows from finance leases	1	1
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases	62	$ 119
Finance leases	$ 1

Leases - Schedule of Lease Term

Leases - Schedule of Lease Term and Discount Rate (Details)	Jun. 30, 2019
Weighted-average remaining lease term (years)
Operating leases	7 years 2 months 12 days
Finance leases	12 years 1 month 6 days
Weighted-average discount rate
Operating leases	6.10%
Finance leases	5.70%

Leases - Summary of Maturities

Leases - Summary of Maturities of Lease Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Amount of Operating Leases
Remainder of 2019	$ 256
2020	459
2021	415
2022	355
2023	290
Thereafter	916
Total undiscounted lease payment	2,691
Less: imputed interest	527
Present value of lease liabilities	2,164
Amount of Finance Leases
Remainder of 2019	1
2020	3
2021	3
2022	3
2023	3
Thereafter	22
Total undiscounted lease payment	35
Less: imputed interest	10	$ 10
Present value of lease liabilities	25	$ 27
Amount of Operating And Finance Leases, Total
Remainder of 2019	257
2020	462
2021	418
2022	358
2023	293
Thereafter	938
Total undiscounted lease payment	2,726
Less: imputed interest	537
Present value of lease liabilities	$ 2,189

Leases - Summary of Future Mini

Leases - Summary of Future Minimum Lease Payments under Non-Cancellable Leases (Details) $ in Millions	Dec. 31, 2018USD ($)
Operating leases, future minimum commitments [Abstract]
2019	$ 466
2020	440
2021	394
2022	336
2023	275
Thereafter	864
Operating leases, future minimum payments due	2,775
Finance leases, future minimum commitments [Abstract]
2019	3
2020	3
2021	3
2022	3
2023	3
Thereafter	22
Finance leases, total future minimum commitments	37
Operating and Finance leases, future minimum commitments [Abstract]
2019	469
2020	443
2021	397
2022	339
2023	278
Thereafter	886
Operating and finance leases, future minimum commitments	$ 2,812

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details)	Jun. 30, 2019USD ($)
Fair Value Disclosures [Abstract]
Transfer from Level 1 to Level 2	$ 0
Transfer from Level 2 to Level 1	$ 0

Fair Value Measurements - Asset

Fair Value Measurements - Assets Measured on Recurring Basis or Disclosed at Fair Value (Details) - Recurring Fair Value Measurements [Member] - USD ($) $ in Millions		Jun. 30, 2019	Dec. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents, Fair Value Measurement or Disclosure		$ 912	$ 949
Short-term investments, Fair Value Measurement or Disclosure		284	122
Total assets, Fair Value Measurement or Disclosure		1,270	1,118
Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents, Fair Value Measurement or Disclosure		193	379
Total assets, Fair Value Measurement or Disclosure		267	426
Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents, Fair Value Measurement or Disclosure		719	570
Short-term investments, Fair Value Measurement or Disclosure		284	122
Total assets, Fair Value Measurement or Disclosure		1,003	692
Time Deposits [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents, Fair Value Measurement or Disclosure		719	570
Short-term investments, Fair Value Measurement or Disclosure		284	122
Time Deposits [Member] | Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents, Fair Value Measurement or Disclosure		719	570
Short-term investments, Fair Value Measurement or Disclosure		284	122
Money Market Funds [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents, Fair Value Measurement or Disclosure		193	226
Money Market Funds [Member] | Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents, Fair Value Measurement or Disclosure		193	226
Investment in Equity Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Other assets, Fair Value Measurement or Disclosure		74	47
Investment in Equity Securities [Member] | Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Other assets, Fair Value Measurement or Disclosure		$ 74	47
Fixed Rate Debt Securities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents, Fair Value Measurement or Disclosure	[1]		153
Fixed Rate Debt Securities [Member] | Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cash equivalents, Fair Value Measurement or Disclosure	[1]		$ 153
[1]	(a) Classified as held-to-maturity investments and measured at amortized cost.

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Amounts Recognized From Non-recurring Fair Value Measurements (Details) - USD ($) $ in Millions		3 Months Ended			6 Months Ended
		Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
ASU 2016-02 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Restaurant-level impairment		$ 7	$ 12	$ 13
Fair Value, Measurements, Nonrecurring [Member] | Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total accumulated impairment charges on ROU assets		7		13	$ 101	$ 13
Fair Value, Measurements, Nonrecurring [Member] | Level 3 [Member] | Closure and Impairment Expense [Member] | Restaurant-level impairment [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Restaurant-level impairment	[1]	$ 7		$ 13	7	$ 13
Fair Value, Measurements, Nonrecurring [Member] | Level 3 [Member] | ASU 2016-02 [Member] | Closure and Impairment Expense [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Restaurant-level impairment	[2]				12
Fair Value, Measurements, Nonrecurring [Member] | Level 3 [Member] | ASU 2016-02 [Member] | Cumulative Adjustment to Impairment on ROU Due to Adoption of New Accounting Pronouncement [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
ROU impairment prior to the adoption of ASC 842	[3]				$ 82
[1]	Restaurant-level impairment changes resulted primarily from our semi-annual impairment evaluation of long-lived assets of individual restaurants that were being operated at the time of impairment and had not been offered for refranchising.
[2]	Reflect incremental restaurant-level impairment upon adoption of ASC 842
[3]	ROU impairment prior to the adoption of ASC 842 represents an impairment charge on operating lease ROU assets arising from existing operating leases as of January 1, 2019. After netting with the related impact on deferred taxes of $19 million and the impact on noncontrolling interests of $3 million, we recorded a cumulative adjustment of $60 million to retained earnings in accordance with the transition guidance for the new lease standard. For those restaurants under operating leases with full impairment on their long-lived assets (primarily property, plant and equipment) before January 1, 2019, an additional impairment charge would have been recorded before January 1, 2019 had the operating lease ROU assets been recognized at the time of impairment.

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Amounts Recognized From Non-recurring Fair Value Measurements (Parenthetical) (Details) - ASU 2016-02 [Member] $ in Millions	6 Months Ended
	Jun. 30, 2019USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cumulative adjustment to retained earnings	$ 60
Cumulative Adjustment to Deferred Income Tax Expenses Due to Adoption of New Accounting Pronouncement [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cumulative adjustment to opening retained earnings due to adoption of new accounting pronouncement	19
Cumulative Adjustment to Net Income (Loss) Attributable to Noncontrolling Interest Due to Adoption of New Accounting Pronouncement [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Cumulative adjustment to opening retained earnings due to adoption of new accounting pronouncement	$ 3

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income tax provision	$ 46	$ 53	$ 139	$ 160
Effective tax rate	20.00%	26.00%	25.20%	26.40%

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Mar. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Adjustment to tax expense	$ 8	$ 8	$ 36
U.S. federal statutory rate, percent		21.00%

Segment Reporting - Narrative (

Segment Reporting - Narrative (Details)	6 Months Ended
	Jun. 30, 2019Segment
Segment Reporting [Abstract]
Number of reportable segments	2
Number of non-reportable operating segments	6

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Segment Reporting Information [Line Items]
Revenues		$ 2,124	$ 2,068	$ 4,428	$ 4,289
Operating Profit		204	193	507	588
Unallocated Other revenues		1		2	1
Unallocated Other operating costs and expenses		(1)		(2)	(1)
Unallocated and corporate G&A expenses		(25)	(19)	(58)	(52)
Unallocated Other income (loss)	[1]		(2)	1	100
Interest income, net	[2]	10	10	19	18
Investment gain	[2]	17		27
Income Before Income Taxes		231	203	553	606
Impairment Charges		11	19	25	21
Total Assets		6,725		6,725		$ 4,610
KFC [Member]
Segment Reporting Information [Line Items]
Revenues		1,458	1,400	3,050	2,898
Pizza Hut [Member]
Segment Reporting Information [Line Items]
Revenues		510	528	1,053	1,093
All Other Segments [Member]
Segment Reporting Information [Line Items]
Revenues		22	18	45	38
Corporate and Unallocated [Member]
Segment Reporting Information [Line Items]
Revenues	[2]	134	122	280	260
Unallocated revenues from transactions with franchisees and unconsolidated affiliates	[3]	133	122	278	259
Unallocated revenues from transactions with franchisees and unconsolidated affiliates	[3]	(133)	(120)	(276)	(257)
Total Assets	[4]	2,528		2,528		2,175
Operating Segments [Member]
Segment Reporting Information [Line Items]
Revenues		2,124	2,068	4,428	4,289
Operating Segments [Member] | KFC [Member]
Segment Reporting Information [Line Items]
Revenues		1,458	1,400	3,050	2,898
Operating Profit	[5]	205	199	493	495
Impairment Charges	[6]	4	7	12	8
Total Assets	[7]	3,033		3,033		1,745
Operating Segments [Member] | Pizza Hut [Member]
Segment Reporting Information [Line Items]
Revenues		510	528	1,053	1,093
Operating Profit		29	19	79	53
Impairment Charges	[6]	6	12	11	13
Total Assets		1,003		1,003		558
Operating Segments [Member] | All Other Segments [Member]
Segment Reporting Information [Line Items]
Revenues		32	20	64	41
Operating Profit		(5)	(6)	(10)	(10)
Impairment Charges		1		2
Total Assets		161		161		$ 132
Elimination [Member]
Segment Reporting Information [Line Items]
Revenues		(10)	(2)	(19)	(3)
Elimination [Member] | All Other Segments [Member]
Segment Reporting Information [Line Items]
Revenues		(10)	2	19
Combined [Member]
Segment Reporting Information [Line Items]
Revenues		$ 2,134	$ 2,070	$ 4,447	$ 4,292
[1]	Primarily includes gain from re-measurement of the previously held equity interest in connection with the acquisition of Wuxi KFC (See Note 2).
[2]	Amounts have not been allocated to any segment for performance reporting purposes.
[3]	Primarily includes revenues and associated expenses of tr ansactions with franchisee and unconsolidated affiliates derived from the Company’s central procurement model whereby the Company centrally purchases substantially all food and paper products from suppliers and then sells and delivers to restaurants, inclu ding franchisees and unconsolidated affiliates. Amounts have not been allocated to any segment for purposes of making operating decisions or assessing financial performance as the transactions are deemed corporate revenues and expenses in nature.
[4]	Primarily includes cash and cash equivalents, short-term investments, investment in equity securities, and inventories that are centrally managed.
[5]	Includes equity income from investments in unconsolidated affiliates of $14 million and $12 million for the quarters ended June 30, 2019 and 2018, respectively, and $37 million and $35 million for the years to date ended June 30, 2019 and 2018, respectively.
[6]	Primarily includes store closure impairment charges, incremental restaurant-level impairment charges as a result of adopting ASC 842 and restaurant-level impairment charges resulting from our semi-annual impairment evaluation (See Note 11).
[7]	Includes investments in unconsolidated affiliates.

Segment Reporting (Parenthetica

Segment Reporting (Parenthetical) (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018	Mar. 31, 2018	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting [Abstract]
Equity income from investments in unconsolidated affiliates	$ 14	$ 14	$ 12	$ 12	$ 37	$ 35

Contingencies - Narrative (Deta

Contingencies - Narrative (Details) - USD ($)	1 Months Ended
	Feb. 28, 2015	Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Income tax rate on gains derived from indirect transfer of assets	10.00%
Percentage of tax assessed on difference between fair market value and tax basis	10.00%
Guaranteed line of credit and loans of franchisees		$ 1,000,000
Guarantees outstanding of unconsolidated affiliates		$ 0

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member] $ / shares in Units, $ in Millions	Jul. 30, 2019USD ($)$ / shares
Subsequent Event [Line Items]
Dividends declared date	Jul. 30, 2019
Dividends payable, amount per share | $ / shares	$ 0.12
Dividends payable date	Sep. 17, 2019
Dividends payable, date of record	Aug. 27, 2019
Estimated cash dividend payable | $	$ 46