Yum! brands, inc. (YUM)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Cash Flows - Operating Activities
Net Income (Loss) Attributable to Parent

1,294

1,542

1,340

1,643

1,293

1,051

1,064

1,608

1,335

1,178

1,083

972

909

Income from discontinued operations, net of tax

-

-

-

625

-

-

-

-

-

-

-

-

-

Depreciation and amortization

112

137

253

310

322

328

721

665

637

589

580

556

542

Closures and impairment expenses

5

6

3

-

-

-

331

37

135

47

103

43

35

Refranchising (gain) loss

-

-

-

163

-23

16

100

78

-72

-63

26

5

11

Other investment (income) expense, net

-

-

-

2

-

-

-

-

-

-

-

-

-

Contributions to defined benefit pension plans

15

16

55

-

-

-

23

-

63

52

280

-66

-8

Pension settlement charges

-

-

-

-

-

-

-

-

0

-

-

-

-

Losses and other costs related to the extinguishment of debt

-

-

-

-

-

-

-120

0

0

-

-

-

-

YUM Retirement Plan settlement charge

-

-

-

-

-

-

-

-

-

0

-

-

-

Gain upon acquisition of Little Sheep

-

-

-

-

-

-

-

74

0

0

-

-

-

Gain upon consolidation of a former unconsolidated affiliate in China

-

-

-

-

-

-

-

-

-

-

68

0

0

Gain on sale of interest in Japan unconsolidated affiliate

-

-

-

-

-

-

-

-

-

-

-

-100

0

Deferred income taxes

-232

-11

634

-

-

-

-24

28

-137

-110

72

1

-41

Equity income from investments in unconsolidated affiliates

-

-

-

-

-

-

26

47

47

42

36

-41

-51

Distributions of income received from unconsolidated affiliates

-

-

-

-

-

-

43

41

39

34

31

41

40

Excess tax benefits from share-based compensation

-

-

-

-

-

-

44

98

66

69

-59

-44

-74

Share-based compensation expense

59

50

65

-

-

-

49

50

59

47

56

59

61

Changes in accounts and notes receivable

56

66

19

-

-

-

12

18

39

12

-3

-6

-4

Changes in inventories

-

-

-

-

-

-

-18

-9

75

68

-27

-8

-31

Changes in prepaid expenses and other current assets

8

0

10

-

-

-

21

14

25

-61

7

4

-6

Changes in accounts payable and other current liabilities

-36

-68

-173

-

-

-

-102

9

144

61

-62

18

102

Changes in income taxes payable

23

65

-55

-

-

-

14

126

109

104

-95

39

70

Acquisitions and investments

-

-

-

-

-

-

-

-

-

-

139

-35

128

Proceeds from sales of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

34

72

56

Changes in restricted cash

-

-

-

-

-

-

-

-300

300

0

0

-

-

Other, net

144

92

138

-

-

-

131

50

92

137

82

58

18

Net Cash Provided by Operating Activities

1,315

1,176

1,030

-

-

-

2,139

2,294

2,170

1,968

1,404

1,521

1,551

Cash Flows - Investing Activities
Capital spending

196

234

318

-

-

-

1,049

1,099

940

796

797

935

726

Business Combination, Consideration Transferred

0

66

0

0

-

-

99

543

81

62

-

-

4

Payments to Acquire Investments

0

200

0

0

-

-

-

-

-

-

-

-

-

Proceeds from refranchising of restaurants

110

825

1,773

370

-

-

260

364

246

265

194

266

117

Other, net

2

12

-17

-

-

-

-2

27

-69

-14

19

9

-13

Net Cash Used in Investing Activities

-88

313

1,472

-

-

-

-886

-1,005

-1,006

-579

-727

-641

-416

Cash Flows - Financing Activities
Proceeds from long-term debt

800

1,556

1,088

-

-

-

599

0

404

350

499

375

1,195

Repayments of long-term debt

331

1,264

385

-

-

-

666

282

666

29

528

268

24

Revolving credit facilities, three months or less, net

0

0

0

-

-

-

0

0

0

-5

-295

279

-149

Short-term borrowings by original maturity
More than three months - proceeds

130

59

0

-

-

-

56

0

0

0

0

0

1

More than three months - payments

126

59

0

-

-

-

56

0

0

0

0

0

-184

Three months or less, net

0

0

0

-

-

-

0

0

0

-3

-8

-11

-8

Repurchase shares of Common Stock

815

2,390

1,960

-

-

-

770

965

752

371

0

1,628

1,410

Excess tax benefit from share-based compensation

-

-

-

-

-

-

44

98

66

69

59

44

74

Employee stock option proceeds

-

-

-

-

-

-

37

62

59

102

113

72

112

Dividends paid on Common Stock

511

462

416

-

-

-

615

544

481

412

362

322

273

Debt issuance costs

10

13

32

-

-

-

-

-

-

-

-

-

-

Other, net

-75

-47

-90

-

-

-

-80

-85

-43

-38

-20

0

-12

Net Cash Provided by (Used in) Financing Activities

-938

-2,620

-1,795

-

-

-

-1,451

-1,716

-1,413

-337

-542

-1,459

-678

Effect of Exchange Rates on Cash and Cash Equivalents

5

-63

61

-

-

-

-5

5

21

21

-15

-11

13

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect

294

-1,194

768

-

-

-

-

-

-

-

-

-

-

Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Continuing Operations

-

-

-

-

-

-

-203

-422

-228

1,073

120

-590

470

Change in Cash and Cash Equivalents due to consolidation of an entity in China

-

-

-

-

-

-

-

-

-

-

17

17

0

Discontinued Operations [Member]
Income from discontinued operations, net of tax

-

-

-

625

357

45

-

-

-

-

-

-

-

Closures and impairment (income) expenses

-

-

-

-

64

517

-

-

-

-

-

-

-

Refranchising (gain) loss

-

-

-

12

13

17

-

-

-

-

-

-

-

Net Cash Provided by Operating Activities

-

-

-

829

931

832

-

-

-

-

-

-

-

Net Cash Used in Investing Activities

-

-

-

-287

-493

-512

-

-

-

-

-

-

-

Net transfers from discontinued operations

-

-

-

289

235

372

-

-

-

-

-

-

-

Net Cash Used in Financing Activities

-

-

-

-292

-234

-375

-

-

-

-

-

-

-

Continuing Operations [Member]
Depreciation and amortization

-

-

-

310

322

328

-

-

-

-

-

-

-

Closures and impairment (income) expenses

-

-

-

15

15

18

-

-

-

-

-

-

-

Refranchising (gain) loss

-

-

-

163

-23

16

-

-

-

-

-

-

-

Contributions to defined benefit pension plans

-

-

-

41

98

18

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

28

-102

-46

-

-

-

-

-

-

-

Excess tax benefit from share-based compensation

-

-

-

-

47

40

-

-

-

-

-

-

-

Share-based compensation expense

-

-

-

80

46

45

-

-

-

-

-

-

-

Changes in accounts and notes receivable

-

-

-

23

35

21

-

-

-

-

-

-

-

Changes in inventories

-

-

-

-

3

2

-

-

-

-

-

-

-

Changes in prepaid expenses and other current assets

-

-

-

0

13

-2

-

-

-

-

-

-

-

Changes in accounts payable and other current liabilities

-

-

-

-40

93

23

-

-

-

-

-

-

-

Changes in income taxes payable

-

-

-

20

15

-135

-

-

-

-

-

-

-

Other, net

-

-

-

61

61

73

-

-

-

-

-

-

-

Net Cash Provided by Operating Activities

-

-

-

1,248

1,213

1,217

-

-

-

-

-

-

-

Capital spending

-

-

-

427

461

508

-

-

-

-

-

-

-

Proceeds from refranchising of restaurants

-

-

-

370

219

83

-

-

-

-

-

-

-

Other, net

-

-

-

-53

-53

-1

-

-

-

-

-

-

-

Net Cash Used in Investing Activities

-

-

-

-4

-189

-424

-

-

-

-

-

-

-

Proceeds from long-term debt

-

-

-

6,900

0

0

-

-

-

-

-

-

-

Repayments of long-term debt

-

-

-

323

261

65

-

-

-

-

-

-

-

Revolving credit facilities, three months or less, net

-

-

-

-685

285

416

-

-

-

-

-

-

-

More than three months - proceeds

-

-

-

1,400

609

0

-

-

-

-

-

-

-

More than three months - payments

-

-

-

2,000

0

0

-

-

-

-

-

-

-

Three months or less, net

-

-

-

0

0

0

-

-

-

-

-

-

-

Repurchase shares of Common Stock

-

-

-

5,403

1,200

820

-

-

-

-

-

-

-

Excess tax benefit from share-based compensation

-

-

-

-

47

40

-

-

-

-

-

-

-

Dividends paid on Common Stock

-

-

-

744

730

669

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

86

0

0

-

-

-

-

-

-

-

Other, net

-

-

-

-92

-43

-13

-

-

-

-

-

-

-

Net Cash Used in Financing Activities

-

-

-

-744

-1,058

-739

-

-

-

-

-

-

-

Effect of Exchange Rate on Cash and Cash Equivalents

-

-

-

-34

11

12

-

-

-

-

-

-

-

Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Continuing Operations

-

-

-

466

-23

66

-

-

-

-

-

-

-