YUM! BRANDS, INC. YUM Cash Flow

Yum! brands, inc. (YUM)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Aug'15	May'15	Mar'15	Dec'14	Aug'14	May'14	Mar'14	Dec'13	Aug'13	May'13	Mar'13	Dec'12	Aug'12	Jun'12	Mar'12	Dec'11	Aug'11	Jun'11	Mar'11	Dec'10	Aug'10	Jun'10	Mar'10	Dec'09	Aug'09	May'09	Mar'09
Cash Flows - Operating Activities
Net Income (Loss) Attributable to Parent
83,000	488,000	255,000	289,000	262,000	334,000	454,000	321,000	433,000	436,000	418,000	206,000	280,000	303,000	640,000	336,000	364,000	275,000	421,000	235,000	361,000	-89,000	403,000	338,000	399,000	315,000	137,000	276,000	336,000	336,000	478,000	333,000	461,000	357,000	389,000	322,000	267,000	277,000	367,000	289,000	245,000	218,000	340,000	306,000	219,000
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-5,000	422,000	70,000	138,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
27,000	28,000	30,000	28,000	26,000	34,000	32,000	34,000	37,000	58,000	60,000	65,000	70,000	86,000	77,000	74,000	73,000	-183,000	179,000	187,000	139,000	-173,000	181,000	180,000	140,000	248,000	173,000	170,000	130,000	223,000	157,000	158,000	127,000	211,000	157,000	146,000	123,000	206,000	127,000	137,000	119,000	195,000	139,000	129,000	117,000
Asset Impairment Charges
140,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Closures and impairment expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	7,000	2,000	-	3,000	24,000	3,000	-	6,000	21,000	3,000	21,000	300,000	6,000	4,000	28,000	4,000	4,000	1,000	22,000	25,000	19,000	69,000	26,000	5,000	12,000	4,000	72,000	5,000	22,000	4,000
Refranchising (gain) loss
13,000	-	8,000	4,000	6,000	-	100,000	29,000	156,000	-	201,000	19,000	111,000	88,000	21,000	54,000	0	49,000	4,000	72,000	10,000	-11,000	20,000	4,000	3,000	13,000	38,000	32,000	17,000	37,000	2,000	13,000	26,000	-3,000	-66,000	-5,000	2,000	-12,000	2,000	10,000	-63,000	17,000	-4,000	-1,000	14,000
Other investment (income) expense, net
-34,000	-	-59,000	25,000	-16,000	-	96,000	23,000	66,000	-	1,000	1,000	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions to defined benefit pension plans
1,000	2,000	2,000	2,000	9,000	7,000	4,000	2,000	3,000	8,000	35,000	5,000	7,000	-	1,000	4,000	2,000	-	5,000	154,000	-76,000	-	-3,000	-6,000	-8,000	-	-	-	-	-	3,000	35,000	8,000	51,000	1,000	8,000	3,000	30,000	41,000	-9,000	-10,000	376,000	-4,000	-86,000	-6,000
Gain upon acquisition of Little Sheep
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	74,000	0	0	0	0	-	-	-	-	-	-	-	-
Deferred income taxes
-31,000	-222,000	-10,000	1,000	-1,000	-43,000	55,000	-22,000	-1,000	512,000	112,000	-10,000	20,000	-	48,000	-14,000	-5,000	-	35,000	-48,000	-29,000	-	-84,000	1,000	-11,000	27,000	-46,000	1,000	-6,000	-58,000	96,000	-6,000	-4,000	-65,000	-24,000	12,000	-60,000	20,000	-52,000	-4,000	-74,000	13,000	88,000	-24,000	-5,000
Equity income from investments in unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,000	7,000	9,000	-	9,000	9,000	13,000	9,000	13,000	-3,000	7,000	9,000	16,000	9,000	13,000	7,000	13,000	11,000	16,000	8,000	54,000	-8,000	-12,000	65,000	-12,000	-7,000	-10,000
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,000	-	6,000	21,000	19,000	-	4,000	12,000	13,000	17,000	3,000	13,000	11,000	150,000	-6,000	-18,000	-28,000	99,000	-11,000	-14,000	-8,000	115,000	-23,000	-14,000	-9,000	-11,000	-5,000	-35,000	-8,000
Share-based compensation expense
18,000	14,000	14,000	14,000	17,000	14,000	9,000	10,000	17,000	12,000	10,000	26,000	17,000	-	20,000	9,000	13,000	-	12,000	13,000	15,000	-	11,000	13,000	12,000	17,000	11,000	12,000	9,000	15,000	12,000	12,000	11,000	19,000	14,000	13,000	13,000	10,000	13,000	11,000	13,000	17,000	13,000	13,000	13,000
Changes in accounts and notes receivable
-25,000	52,000	11,000	7,000	-14,000	31,000	20,000	19,000	-4,000	36,000	13,000	-12,000	-18,000	-	3,000	11,000	-45,000	-	31,000	-13,000	-3,000	-	37,000	11,000	-23,000	8,000	8,000	5,000	-9,000	25,000	9,000	13,000	-29,000	20,000	28,000	2,000	-11,000	6,000	-22,000	35,000	-7,000	-14,000	13,000	-20,000	18,000
Changes in inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,000	-2,000	-2,000	-	-41,000	0	-21,000	-	-19,000	28,000	-33,000	1,000	-18,000	25,000	-26,000	18,000	-13,000	13,000	-27,000	84,000	11,000	14,000	-34,000	38,000	49,000	-24,000	5,000	-61,000	19,000	-4,000	19,000
Changes in prepaid expenses and other current assets
17,000	-1,000	-15,000	11,000	13,000	10,000	-6,000	-26,000	22,000	3,000	10,000	-4,000	1,000	-	-4,000	-9,000	-6,000	-	0	0	27,000	-	-8,000	9,000	2,000	-1,000	14,000	0	8,000	0	5,000	-6,000	15,000	-4,000	6,000	-2,000	25,000	-46,000	-17,000	1,000	1,000	33,000	-8,000	-17,000	-1,000
Changes in accounts payable and other current liabilities
-51,000	60,000	75,000	-121,000	-50,000	13,000	79,000	-61,000	-99,000	-5,000	-31,000	-89,000	-48,000	-	12,000	27,000	-93,000	-	184,000	-96,000	113,000	-	86,000	-7,000	-20,000	-88,000	215,000	-148,000	-81,000	-19,000	146,000	6,000	-124,000	2,000	213,000	-57,000	-14,000	-33,000	65,000	37,000	-8,000	-64,000	142,000	-65,000	-75,000
Changes in income taxes payable
-11,000	87,000	-28,000	-31,000	-5,000	112,000	-32,000	-28,000	13,000	70,000	-42,000	-95,000	12,000	-	-4,000	-48,000	60,000	-	20,000	40,000	51,000	-	-120,000	43,000	53,000	-101,000	53,000	44,000	18,000	40,000	16,000	0	70,000	54,000	-17,000	-13,000	85,000	-14,000	64,000	28,000	26,000	-8,000	-102,000	16,000	-1,000
Acquisitions and investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Proceeds from sales of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	8,000	4,000	9,000	18,000	8,000	7,000	1,000
Changes in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-300,000	0	0	300,000	0	-	-	-	-	-	-	-	-
Other, net
35,000	32,000	33,000	30,000	49,000	43,000	32,000	-15,000	32,000	30,000	12,000	57,000	39,000	-	-4,000	15,000	-18,000	-	18,000	26,000	-20,000	-	86,000	-3,000	-23,000	69,000	36,000	27,000	-1,000	-3,000	-10,000	24,000	39,000	53,000	6,000	-1,000	34,000	26,000	123,000	-48,000	36,000	39,000	-13,000	29,000	27,000
Net Cash Provided by Operating Activities
238,000	432,000	422,000	161,000	300,000	380,000	415,000	192,000	189,000	312,000	279,000	151,000	288,000	-	-	-	309,000	-	870,000	431,000	516,000	-	528,000	514,000	570,000	586,000	824,000	328,000	401,000	476,000	894,000	451,000	473,000	467,000	780,000	415,000	508,000	471,000	664,000	441,000	392,000	269,000	640,000	198,000	297,000
Cash Flows - Investing Activities
Capital spending
35,000	87,000	33,000	32,000	44,000	87,000	62,000	43,000	42,000	90,000	78,000	74,000	76,000	-	106,000	106,000	80,000	-	238,000	177,000	227,000	-	247,000	236,000	172,000	350,000	227,000	235,000	237,000	421,000	272,000	233,000	173,000	387,000	223,000	157,000	173,000	306,000	163,000	164,000	163,000	292,000	163,000	199,000	143,000
Business Combination, Consideration Transferred
408,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	9,000	89,000	0	1,000	0	2,000	540,000	80,000	0	0	1,000	-	-	-	-	-	-	2,000	20,000
Changes in short-term investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,000	24,000	-	-	-	-	-	-	-	-	-	-	3,000	79,000	-	-	-	0	-	-	-	-	-	-	-	-
Proceeds from refranchising of restaurants
2,000	55,000	30,000	11,000	14,000	380,000	193,000	47,000	205,000	1,057,000	395,000	136,000	185,000	223,000	63,000	76,000	8,000	-	43,000	7,000	22,000	-	49,000	15,000	2,000	42,000	63,000	74,000	81,000	177,000	55,000	30,000	102,000	127,000	70,000	35,000	14,000	159,000	23,000	41,000	42,000	103,000	28,000	27,000	36,000
Other, net
0	2,000	-1,000	-3,000	4,000	3,000	0	10,000	-1,000	-16,000	1,000	-7,000	5,000	-	-6,000	-7,000	-5,000	-	-9,000	-6,000	-33,000	-	20,000	-2,000	-2,000	-11,000	3,000	9,000	-3,000	13,000	16,000	-3,000	1,000	-74,000	8,000	1,000	-4,000	-24,000	4,000	2,000	4,000	11,000	1,000	5,000	2,000
Net Cash Used in Investing Activities
-441,000	-34,000	-2,000	-18,000	-34,000	224,000	131,000	-206,000	164,000	983,000	316,000	69,000	104,000	-	-	-	-67,000	-	-170,000	-156,000	-196,000	-	-306,000	-446,000	-168,000	-299,000	-177,000	-257,000	-153,000	-258,000	-151,000	-205,000	-391,000	-266,000	-161,000	-423,000	-156,000	-144,000	-196,000	-123,000	-116,000	-222,000	-149,000	-228,000	-128,000
Cash Flows - Financing Activities
Proceeds from long-term debt
0	0	800,000	0	0	1,450,000	0	106,000	0	0	0	896,000	192,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long-term debt
20,000	20,000	271,000	20,000	20,000	802,000	13,000	117,000	332,000	13,000	12,000	160,000	200,000	-	-	-	2,000	-	3,000	4,000	3,000	-	2,000	3,000	2,000	661,000	1,000	3,000	1,000	2,000	265,000	12,000	3,000	4,000	4,000	654,000	4,000	9,000	12,000	5,000	3,000	6,000	378,000	142,000	2,000
Revolving credit facilities, three months or less, net
950,000	0	-157,000	157,000	0	-273,000	71,000	202,000	0	-35,000	35,000	0	0	-	-	-	-	-	-181,000	12,000	53,000	-	219,000	143,000	35,000	0	0	0	0	-	-	-	-	-	-	-	-	-17,000	17,000	-28,000	23,000	-6,000	-397,000	151,000	-43,000
Short-term borrowings by original maturity
More than three months - proceeds
66,000	50,000	32,000	-10,000	58,000	0	8,000	39,000	12,000	0	0	0	0	-	-	-	1,400,000	-	0	0	0	-	2,000	0	0	0	1,000	46,000	9,000	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0
More than three months - payments
44,000	56,000	26,000	3,000	41,000	0	16,000	36,000	7,000	0	0	0	0	-	-	-	0	-	0	0	0	-	0	0	0	2,000	54,000	0	0	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0
Three months or less, net
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	-	0	0	0	-	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-8,000	8,000	0	-3,000	-13,000	1,000	0	4,000
Short-term borrowings, more than three months, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase shares of Common Stock
0	343,000	167,000	196,000	109,000	706,000	516,000	670,000	498,000	612,000	492,000	395,000	461,000	-	-	-	925,000	-	83,000	163,000	124,000	-	210,000	176,000	124,000	260,000	181,000	231,000	98,000	277,000	399,000	211,000	78,000	190,000	243,000	167,000	152,000	88,000	36,000	115,000	132,000	0	0	0	0
Excess tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	21,000	19,000	-	4,000	12,000	13,000	17,000	3,000	13,000	11,000	46,000	6,000	18,000	28,000	33,000	11,000	14,000	8,000	23,000	23,000	14,000	9,000	11,000	5,000	35,000	8,000
Employee stock option proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	10,000	-	5,000	5,000	11,000	20,000	6,000	6,000	5,000	35,000	5,000	6,000	16,000	29,000	8,000	13,000	9,000	38,000	20,000	27,000	17,000	22,000	14,000	56,000	21,000
Dividends paid on Common Stock
141,000	126,000	128,000	128,000	129,000	113,000	113,000	116,000	120,000	101,000	104,000	105,000	106,000	-	-	-	192,000	-	177,000	177,000	178,000	-	163,000	163,000	164,000	164,000	150,000	150,000	151,000	151,000	131,000	131,000	131,000	131,000	116,000	116,000	118,000	117,000	98,000	98,000	99,000	99,000	88,000	88,000	87,000
Debt issuance costs
-	-	-	-	-	-	-	-	-	0	0	14,000	18,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-13,000	-2,000	-22,000	-14,000	-37,000	-2,000	-3,000	-11,000	-31,000	-5,000	-46,000	-3,000	-36,000	-	-	-	-11,000	-	6,000	-20,000	-23,000	-	-8,000	-14,000	-6,000	-25,000	-12,000	-9,000	-34,000	-33,000	-11,000	-21,000	-20,000	-10,000	-10,000	-19,000	-4,000	-8,000	-11,000	-17,000	-2,000	-12,000	-13,000	5,000	0
Net Cash Provided by (Used in) Financing Activities
798,000	-498,000	52,000	-214,000	-278,000	-459,000	-582,000	-603,000	-976,000	-766,000	-619,000	219,000	-629,000	-	-	-	-378,000	-	-443,000	-330,000	-246,000	-	-153,000	-196,000	-237,000	-476,000	-388,000	-328,000	-259,000	-394,000	-783,000	-351,000	-188,000	-218,000	-355,000	-579,000	-261,000	-186,000	261,000	-222,000	-190,000	-103,000	-357,000	17,000	-99,000
Effect of Exchange Rates on Cash and Cash Equivalents
-53,000	32,000	-25,000	-14,000	12,000	-8,000	-36,000	-57,000	38,000	19,000	19,000	6,000	17,000	-	-	-	3,000	-	-32,000	16,000	23,000	-	19,000	-9,000	-4,000	9,000	-6,000	-5,000	-3,000	10,000	-2,000	-10,000	7,000	-21,000	17,000	13,000	12,000	11,000	15,000	-10,000	5,000	-15,000	6,000	-9,000	3,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
542,000	-68,000	447,000	-85,000	0	137,000	-72,000	-674,000	-585,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Increase (Decrease) in Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents - Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-220,000	-	-	-	-	-	225,000	-39,000	97,000	-	88,000	-137,000	161,000	-180,000	253,000	-262,000	-14,000	-166,000	-42,000	-115,000	-99,000	-38,000	281,000	-574,000	103,000	152,000	744,000	86,000	91,000	-71,000	140,000	-22,000	73,000
Discontinued Operations [Member]
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	422,000	-	-	-15,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-