| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Revenues | ||||||
Total revenues | ||||||
8,776 | 8,415 | 7,769 | 7,075 | 6,909 | 6,934 | |
Costs and Expenses, Net | ||||||
General and administrative expenses | ||||||
487 | 456 | 495 | 429 | 395 | 389 | |
Other operating costs and expenses | ||||||
37 | 29 | 28 | 15 | - | - | |
Closures and impairment expenses, net | ||||||
-36 | -41 | -47 | -78 | 64 | 517 | |
Refranchising gain, net | ||||||
- | - | - | - | 13 | 17 | |
Other income, net | ||||||
60 | 152 | 64 | 60 | 26 | 51 | |
Total costs and expenses, net | ||||||
7,875 | 7,474 | 6,991 | 6,441 | 6,421 | 6,931 | |
Operating Profit | ||||||
901 | 941 | 778 | 634 | 488 | 3 | |
Interest and other income, net | ||||||
39 | 36 | 25 | 11 | 8 | 14 | |
Investment (loss) gain | ||||||
63 | -27 | - | - | - | - | |
Changes in fair value of financial instruments | ||||||
- | - | - | 21 | - | - | |
Income Before Income Taxes | ||||||
1,003 | 950 | 803 | 666 | 496 | 17 | |
Income tax provision | ||||||
260 | 214 | 379 | 156 | 168 | 54 | |
Net income – including noncontrolling interests | ||||||
743 | 736 | 424 | 510 | 328 | -37 | |
Net income – noncontrolling interests | ||||||
30 | 28 | 26 | 12 | 5 | -30 | |
Net Income – Yum China Holdings, Inc. | ||||||
713 | 708 | 398 | 498 | 323 | -7 | |
Weighted-average common shares outstanding (in millions): | ||||||
Basic | ||||||
377 | 384 | 387 | 368 | 363 | - | |
Diluted | ||||||
388 | 395 | 398 | 369 | 363 | - | |
Basic Earnings Per Common Share | ||||||
1.89 | 1.84 | 1.03 | 1.35 | 0.89 | -0.02 | |
Diluted Earnings Per Common Share | ||||||
1.84 | 1.79 | 1.00 | 1.35 | 0.89 | -0.02 | |
Company Sales [Member] | ||||||
Revenues | ||||||
7,925 | 7,633 | 6,993 | 6,622 | 6,789 | 6,821 | |
Franchise [Member] | ||||||
Revenues | ||||||
148 | 141 | 141 | 129 | 120 | 113 | |
Cost of goods and services sold | ||||||
71 | 71 | 71 | 72 | 70 | 64 | |
Transactions With Franchisees and Unconsolidated Affiliates [Member] | ||||||
Revenues | ||||||
654 | 603 | 599 | 299 | - | - | |
Cost of goods and services sold | ||||||
645 | 595 | 592 | 295 | - | - | |
Other Revenues [Member] | ||||||
Revenues | ||||||
49 | 38 | 36 | 25 | - | - | |
Company Restaurant Expenses [Member] | ||||||
Food and paper | ||||||
2,479 | 2,326 | 2,034 | 1,921 | 2,159 | 2,207 | |
Payroll and employee benefits | ||||||
1,807 | 1,714 | 1,543 | 1,432 | 1,386 | 1,407 | |
Occupancy and other operating expenses | ||||||
2,373 | 2,394 | 2,245 | 2,259 | 2,386 | 2,415 | |
Cost of goods and services sold | ||||||
6,659 | 6,434 | 5,822 | 5,612 | 5,931 | 6,029 | |