Analysis of Reportable Segments
YUM! Brands Inc. operates in 5 segments: YUM China (China Division); KFC Division; Pizza Hut Division; Taco Bell Division; and YUM India (India Division).
Segment Profit Margin
YUM! Brands Inc., profit margin by reportable segment
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| YUM China (China Division) | 10.96% | 10.28% | 11.25% | 14.71% | — |
| KFC Division | 22.96% | 22.17% | 21.38% | 20.77% | — |
| Pizza Hut Division | 25.24% | 25.70% | 29.56% | 21.19% | — |
| Taco Bell Division | 27.11% | 25.76% | 24.40% | 20.63% | — |
| YUM India (India Division) | -16.52% | -6.38% | -11.81% | -0.98% | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | YUM China (China Division) | YUM China (China Division) segment profit margin ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 not reaching 2013 level. |
| KFC Division | KFC Division segment profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. | |
| Pizza Hut Division | Pizza Hut Division segment profit margin ratio deteriorated from 2013 to 2014 and from 2014 to 2015. | |
| Taco Bell Division | Taco Bell Division segment profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. | |
| YUM India (India Division) | YUM India (India Division) segment profit margin ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Segment Profit Margin: YUM China (China Division)
YUM! Brands Inc.; YUM China (China Division); segment profit margin calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 757) | 713) | 777) | 1,015) | —) |
| Revenues | 6,909) | 6,934) | 6,905) | 6,898) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 10.96% | 10.28% | 11.25% | 14.71% | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment profit margin = 100 × Operating profit ÷ Revenues
= 100 × 757 ÷ 6,909 = 10.96%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | YUM China (China Division) | YUM China (China Division) segment profit margin ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 not reaching 2013 level. |
Segment Profit Margin: KFC Division
YUM! Brands Inc.; KFC Division; segment profit margin calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 677) | 708) | 649) | 626) | —) |
| Revenues | 2,948) | 3,193) | 3,036) | 3,014) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 22.96% | 22.17% | 21.38% | 20.77% | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment profit margin = 100 × Operating profit ÷ Revenues
= 100 × 677 ÷ 2,948 = 22.96%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | KFC Division | KFC Division segment profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. |
Segment Profit Margin: Pizza Hut Division
YUM! Brands Inc.; Pizza Hut Division; segment profit margin calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 289) | 295) | 339) | 320) | —) |
| Revenues | 1,145) | 1,148) | 1,147) | 1,510) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 25.24% | 25.70% | 29.56% | 21.19% | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment profit margin = 100 × Operating profit ÷ Revenues
= 100 × 289 ÷ 1,145 = 25.24%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Pizza Hut Division | Pizza Hut Division segment profit margin ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Segment Profit Margin: Taco Bell Division
YUM! Brands Inc.; Taco Bell Division; segment profit margin calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 539) | 480) | 456) | 435) | —) |
| Revenues | 1,988) | 1,863) | 1,869) | 2,109) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 27.11% | 25.76% | 24.40% | 20.63% | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment profit margin = 100 × Operating profit ÷ Revenues
= 100 × 539 ÷ 1,988 = 27.11%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Taco Bell Division | Taco Bell Division segment profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. |
Segment Profit Margin: YUM India (India Division)
YUM! Brands Inc.; YUM India (India Division); segment profit margin calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | (19) | (9) | (15) | (1) | —) |
| Revenues | 115) | 141) | 127) | 102) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | -16.52% | -6.38% | -11.81% | -0.98% | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment profit margin = 100 × Operating profit ÷ Revenues
= 100 × -19 ÷ 115 = -16.52%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | YUM India (India Division) | YUM India (India Division) segment profit margin ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Segment Return on Assets (Segment ROA)
YUM! Brands Inc., ROA by reportable segment
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| YUM China (China Division) | 24.03% | 22.23% | 20.89% | — | — |
| KFC Division | 31.04% | 30.37% | 26.47% | — | — |
| Pizza Hut Division | 40.88% | 41.49% | 48.22% | — | — |
| Taco Bell Division | 47.83% | 44.28% | 44.84% | — | — |
| YUM India (India Division) | -22.62% | -7.63% | -15.15% | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | YUM China (China Division) | YUM China (China Division) segment ROA improved from 2013 to 2014 and from 2014 to 2015. |
| KFC Division | KFC Division segment ROA improved from 2013 to 2014 and from 2014 to 2015. | |
| Pizza Hut Division | Pizza Hut Division segment ROA deteriorated from 2013 to 2014 and from 2014 to 2015. | |
| Taco Bell Division | Taco Bell Division segment ROA deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. | |
| YUM India (India Division) | YUM India (India Division) segment ROA improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Segment ROA: YUM China (China Division)
YUM! Brands Inc.; YUM China (China Division); segment ROA calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 757) | 713) | 777) | 1,015) | —) |
| Identifiable assets | 3,150) | 3,208) | 3,720) | —) | —) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 24.03% | 22.23% | 20.89% | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 757 ÷ 3,150 = 24.03%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | YUM China (China Division) | YUM China (China Division) segment ROA improved from 2013 to 2014 and from 2014 to 2015. |
Segment ROA: KFC Division
YUM! Brands Inc.; KFC Division; segment ROA calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 677) | 708) | 649) | 626) | —) |
| Identifiable assets | 2,181) | 2,331) | 2,452) | —) | —) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 31.04% | 30.37% | 26.47% | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 677 ÷ 2,181 = 31.04%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | KFC Division | KFC Division segment ROA improved from 2013 to 2014 and from 2014 to 2015. |
Segment ROA: Pizza Hut Division
YUM! Brands Inc.; Pizza Hut Division; segment ROA calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 289) | 295) | 339) | 320) | —) |
| Identifiable assets | 707) | 711) | 703) | —) | —) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 40.88% | 41.49% | 48.22% | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 289 ÷ 707 = 40.88%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Pizza Hut Division | Pizza Hut Division segment ROA deteriorated from 2013 to 2014 and from 2014 to 2015. |
Segment ROA: Taco Bell Division
YUM! Brands Inc.; Taco Bell Division; segment ROA calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | 539) | 480) | 456) | 435) | —) |
| Identifiable assets | 1,127) | 1,084) | 1,017) | —) | —) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 47.83% | 44.28% | 44.84% | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × 539 ÷ 1,127 = 47.83%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Taco Bell Division | Taco Bell Division segment ROA deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. |
Segment ROA: YUM India (India Division)
YUM! Brands Inc.; YUM India (India Division); segment ROA calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating profit | (19) | (9) | (15) | (1) | —) |
| Identifiable assets | 84) | 118) | 99) | —) | —) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | -22.62% | -7.63% | -15.15% | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment ROA = 100 × Operating profit ÷ Identifiable assets
= 100 × -19 ÷ 84 = -22.62%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | YUM India (India Division) | YUM India (India Division) segment ROA improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Segment Asset Turnover
YUM! Brands Inc., asset turnover by reportable segment
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| YUM China (China Division) | 2.19 | 2.16 | 1.86 | — | — |
| KFC Division | 1.35 | 1.37 | 1.24 | — | — |
| Pizza Hut Division | 1.62 | 1.61 | 1.63 | — | — |
| Taco Bell Division | 1.76 | 1.72 | 1.84 | — | — |
| YUM India (India Division) | 1.37 | 1.19 | 1.28 | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | YUM China (China Division) | YUM China (China Division) segment asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
| KFC Division | KFC Division segment asset turnover ratio improved from 2013 to 2014 but then slightly deteriorated from 2014 to 2015. | |
| Pizza Hut Division | Pizza Hut Division segment asset turnover ratio deteriorated from 2013 to 2014 but then slightly improved from 2014 to 2015. | |
| Taco Bell Division | Taco Bell Division segment asset turnover ratio deteriorated from 2013 to 2014 but then slightly improved from 2014 to 2015. | |
| YUM India (India Division) | YUM India (India Division) segment asset turnover ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. |
Segment Asset Turnover: YUM China (China Division)
YUM! Brands Inc.; YUM China (China Division); segment asset turnover calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 6,909) | 6,934) | 6,905) | 6,898) | —) |
| Identifiable assets | 3,150) | 3,208) | 3,720) | —) | —) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 2.19 | 2.16 | 1.86 | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment asset turnover = Revenues ÷ Identifiable assets
= 6,909 ÷ 3,150 = 2.19
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | YUM China (China Division) | YUM China (China Division) segment asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
Segment Asset Turnover: KFC Division
YUM! Brands Inc.; KFC Division; segment asset turnover calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 2,948) | 3,193) | 3,036) | 3,014) | —) |
| Identifiable assets | 2,181) | 2,331) | 2,452) | —) | —) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.35 | 1.37 | 1.24 | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment asset turnover = Revenues ÷ Identifiable assets
= 2,948 ÷ 2,181 = 1.35
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | KFC Division | KFC Division segment asset turnover ratio improved from 2013 to 2014 but then slightly deteriorated from 2014 to 2015. |
Segment Asset Turnover: Pizza Hut Division
YUM! Brands Inc.; Pizza Hut Division; segment asset turnover calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 1,145) | 1,148) | 1,147) | 1,510) | —) |
| Identifiable assets | 707) | 711) | 703) | —) | —) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.62 | 1.61 | 1.63 | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment asset turnover = Revenues ÷ Identifiable assets
= 1,145 ÷ 707 = 1.62
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Pizza Hut Division | Pizza Hut Division segment asset turnover ratio deteriorated from 2013 to 2014 but then slightly improved from 2014 to 2015. |
Segment Asset Turnover: Taco Bell Division
YUM! Brands Inc.; Taco Bell Division; segment asset turnover calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 1,988) | 1,863) | 1,869) | 2,109) | —) |
| Identifiable assets | 1,127) | 1,084) | 1,017) | —) | —) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.76 | 1.72 | 1.84 | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment asset turnover = Revenues ÷ Identifiable assets
= 1,988 ÷ 1,127 = 1.76
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Taco Bell Division | Taco Bell Division segment asset turnover ratio deteriorated from 2013 to 2014 but then slightly improved from 2014 to 2015. |
Segment Asset Turnover: YUM India (India Division)
YUM! Brands Inc.; YUM India (India Division); segment asset turnover calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 115) | 141) | 127) | 102) | —) |
| Identifiable assets | 84) | 118) | 99) | —) | —) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 1.37 | 1.19 | 1.28 | — | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment asset turnover = Revenues ÷ Identifiable assets
= 115 ÷ 84 = 1.37
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | YUM India (India Division) | YUM India (India Division) segment asset turnover ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. |
Segment Capital Expenditures to Depreciation
YUM! Brands Inc., capital expenditures to depreciation by reportable segment
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| YUM China (China Division) | 1.20 | 1.28 | 1.44 | 1.94 | — |
| KFC Division | 1.55 | 1.46 | 1.55 | 1.61 | — |
| Pizza Hut Division | 1.35 | 1.59 | 1.44 | 0.95 | — |
| Taco Bell Division | 1.32 | 1.72 | 1.19 | 1.15 | — |
| YUM India (India Division) | 0.70 | 2.10 | 3.44 | 3.00 | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | YUM China (China Division) | YUM China (China Division) segment capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
| KFC Division | KFC Division segment capital expenditures to depreciation ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. | |
| Pizza Hut Division | Pizza Hut Division segment capital expenditures to depreciation ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. | |
| Taco Bell Division | Taco Bell Division segment capital expenditures to depreciation ratio improved from 2013 to 2014 but then slightly deteriorated from 2014 to 2015 not reaching 2013 level. | |
| YUM India (India Division) | YUM India (India Division) segment capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Segment Capital Expenditures to Depreciation: YUM China (China Division)
YUM! Brands Inc.; YUM China (China Division); segment capital expenditures to depreciation calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 512) | 525) | 568) | 655) | —) |
| Depreciation and amortization | 425) | 411) | 394) | 337) | —) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.20 | 1.28 | 1.44 | 1.94 | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and amortization
= 512 ÷ 425 = 1.20
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | YUM China (China Division) | YUM China (China Division) segment capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Segment Capital Expenditures to Depreciation: KFC Division
YUM! Brands Inc.; KFC Division; segment capital expenditures to depreciation calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 273) | 273) | 294) | 259) | —) |
| Depreciation and amortization | 176) | 187) | 190) | 161) | —) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.55 | 1.46 | 1.55 | 1.61 | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and amortization
= 273 ÷ 176 = 1.55
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | KFC Division | KFC Division segment capital expenditures to depreciation ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. |
Segment Capital Expenditures to Depreciation: Pizza Hut Division
YUM! Brands Inc.; Pizza Hut Division; segment capital expenditures to depreciation calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 54) | 62) | 52) | 52) | —) |
| Depreciation and amortization | 40) | 39) | 36) | 55) | —) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.35 | 1.59 | 1.44 | 0.95 | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and amortization
= 54 ÷ 40 = 1.35
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Pizza Hut Division | Pizza Hut Division segment capital expenditures to depreciation ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Segment Capital Expenditures to Depreciation: Taco Bell Division
YUM! Brands Inc.; Taco Bell Division; segment capital expenditures to depreciation calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 116) | 143) | 100) | 113) | —) |
| Depreciation and amortization | 88) | 83) | 84) | 98) | —) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.32 | 1.72 | 1.19 | 1.15 | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and amortization
= 116 ÷ 88 = 1.32
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Taco Bell Division | Taco Bell Division segment capital expenditures to depreciation ratio improved from 2013 to 2014 but then slightly deteriorated from 2014 to 2015 not reaching 2013 level. |
Segment Capital Expenditures to Depreciation: YUM India (India Division)
YUM! Brands Inc.; YUM India (India Division); segment capital expenditures to depreciation calculation
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Capital spending | 7) | 21) | 31) | 18) | —) |
| Depreciation and amortization | 10) | 10) | 9) | 6) | —) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.70 | 2.10 | 3.44 | 3.00 | — |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
1 2015 Calculation
Segment capital expenditures to depreciation = Capital spending ÷ Depreciation and amortization
= 7 ÷ 10 = 0.70
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | YUM India (India Division) | YUM India (India Division) segment capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Revenues
YUM! Brands Inc., revenues by reportable segment
US$ in millions
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| YUM China (China Division) | 6,909) | 6,934) | 6,905) | 6,898) | —) |
| KFC Division | 2,948) | 3,193) | 3,036) | 3,014) | —) |
| Pizza Hut Division | 1,145) | 1,148) | 1,147) | 1,510) | —) |
| Taco Bell Division | 1,988) | 1,863) | 1,869) | 2,109) | —) |
| YUM India (India Division) | 115) | 141) | 127) | 102) | —) |
| Total | 13,105) | 13,279) | 13,084) | 13,633) | —) |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
Operating profit
YUM! Brands Inc., operating profit by reportable segment
US$ in millions
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| YUM China (China Division) | 757) | 713) | 777) | 1,015) | —) |
| KFC Division | 677) | 708) | 649) | 626) | —) |
| Pizza Hut Division | 289) | 295) | 339) | 320) | —) |
| Taco Bell Division | 539) | 480) | 456) | 435) | —) |
| YUM India (India Division) | (19) | (9) | (15) | (1) | —) |
| Unallocated restaurant costs | —) | (1) | —) | 16) | —) |
| Unallocated Franchise and License expenses | (71) | —) | —) | —) | —) |
| Unallocated and corporate expenses | (204) | (189) | (207) | (271) | —) |
| Unallocated Closures and impairment expense | —) | (463) | (295) | —) | —) |
| Unallocated Refranchising gain (loss) | (10) | 33) | 100) | 78) | —) |
| Unallocated Other income (expense) | (37) | (10) | (6) | 76) | —) |
| Total | 1,921) | 1,557) | 1,798) | 2,294) | —) |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
Depreciation and amortization
YUM! Brands Inc., depreciation and amortization by reportable segment
US$ in millions
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| YUM China (China Division) | 425) | 411) | 394) | 337) | —) |
| KFC Division | 176) | 187) | 190) | 161) | —) |
| Pizza Hut Division | 40) | 39) | 36) | 55) | —) |
| Taco Bell Division | 88) | 83) | 84) | 98) | —) |
| YUM India (India Division) | 10) | 10) | 9) | 6) | —) |
| Corporate | 8) | 9) | 8) | 8) | —) |
| Total | 747) | 739) | 721) | 665) | —) |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
Capital spending
YUM! Brands Inc., capital spending by reportable segment
US$ in millions
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| YUM China (China Division) | 512) | 525) | 568) | 655) | —) |
| KFC Division | 273) | 273) | 294) | 259) | —) |
| Pizza Hut Division | 54) | 62) | 52) | 52) | —) |
| Taco Bell Division | 116) | 143) | 100) | 113) | —) |
| YUM India (India Division) | 7) | 21) | 31) | 18) | —) |
| Corporate | 11) | 9) | 4) | 2) | —) |
| Total | 973) | 1,033) | 1,049) | 1,099) | —) |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).
Identifiable assets
YUM! Brands Inc., identifiable assets by reportable segment
US$ in millions
| Dec 26, 2015 | Dec 27, 2014 | Dec 28, 2013 | Dec 29, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| YUM China (China Division) | 3,150) | 3,208) | 3,720) | —) | —) |
| KFC Division | 2,181) | 2,331) | 2,452) | —) | —) |
| Pizza Hut Division | 707) | 711) | 703) | —) | —) |
| Taco Bell Division | 1,127) | 1,084) | 1,017) | —) | —) |
| YUM India (India Division) | 84) | 118) | 99) | —) | —) |
| Corporate | 826) | 893) | 704) | —) | —) |
| Total | 8,075) | 8,345) | 8,695) | —) | —) |
Based on: 10-K (reporting date: 2015-12-26), 10-K (reporting date: 2014-12-27), 10-K (reporting date: 2013-12-28), 10-K (reporting date: 2012-12-29), 10-K (reporting date: 2011-12-31).