Stock Analysis on Net

YUM! Brands Inc. (NYSE:YUM)

This company has been moved to the archive! The financial data has not been updated since October 11, 2016.

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

YUM! Brands Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 26, 2015 Dec 27, 2014 Dec 28, 2013 Dec 29, 2012 Dec 31, 2011
Cash and cash equivalents 737 578 573 776 1,198
Accounts and notes receivable, net 377 325 319 301 286
Inventories 229 301 294 313 273
Income tax receivable 41 55 89 55 150
Assets held for sale 28 14 16 56 24
Other prepaid expenses and current assets 173 185 181 161 164
Prepaid expenses and other current assets 242 254 286 272 338
Deferred income taxes 93 123 111 112
Advertising cooperative assets, restricted 103 95 96 136 114
Current assets 1,688 1,646 1,691 1,909 2,321
Property, plant and equipment, net 4,189 4,498 4,459 4,250 4,042
Goodwill 656 700 889 1,034 681
Intangible assets, net 271 318 638 690 299
Investments in unconsolidated affiliates 61 52 53 72 167
Restricted cash 300
Other assets 534 560 566 575 475
Deferred income taxes 676 571 399 481 549
Noncurrent assets 6,387 6,699 7,004 7,102 6,513
Total assets 8,075 8,345 8,695 9,011 8,834

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).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. YUM! Brands Inc. current assets decreased from 2013 to 2014 but then increased from 2014 to 2015 not reaching 2013 level.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. YUM! Brands Inc. property, plant and equipment, net increased from 2013 to 2014 but then decreased significantly from 2014 to 2015.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. YUM! Brands Inc. noncurrent assets decreased from 2013 to 2014 and from 2014 to 2015.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. YUM! Brands Inc. total assets decreased from 2013 to 2014 and from 2014 to 2015.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. YUM! Brands Inc. cash and cash equivalents increased from 2013 to 2014 and from 2014 to 2015.
Accounts and notes receivable, net The aggregate of amounts due from customers or clients, within one year of the balance sheet date (or one operating cycle, if longer), for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date within one year of the balance sheet, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively. YUM! Brands Inc. accounts and notes receivable, net increased from 2013 to 2014 and from 2014 to 2015.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. YUM! Brands Inc. inventories increased from 2013 to 2014 but then decreased significantly from 2014 to 2015.