Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - YUM BRANDS INC | yum-12262015xex312.htm |
| EX-21.1 - EXHIBIT 21.1 - YUM BRANDS INC | yum-12262015xex211.htm |
| EX-32.2 - EXHIBIT 32.2 - YUM BRANDS INC | yum-12262015xex322.htm |
| EX-32.1 - EXHIBIT 32.1 - YUM BRANDS INC | yum-12262015xex321.htm |
| EX-23.1 - EXHIBIT 23.1 - YUM BRANDS INC | yum-12262015xex231.htm |
| EX-10.2.1 - EXHIBIT 10.2.1 - YUM BRANDS INC | yum-12262015xex1021.htm |
| EX-10.30 - EXHIBIT 10.30 - YUM BRANDS INC | yum-12262015xex1030.htm |
| 10-K - FORM 10-K - YUM BRANDS INC | yum10k12262015.htm |
| EX-31.1 - EXHIBIT 31.1 - YUM BRANDS INC | yum-12262015xex311.htm |
Exhibit 12.1 YUM! Brands, Inc. Ratio of Earnings to Fixed Charges Years Ended 2015 - 2011 (In millions except ratio amounts) | ||||||||||||||||||||
52 Weeks | 53 Weeks | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Pretax income from continuing operations before cumulative effect of accounting changes | 1,787 | $ | 1,427 | $ | 1,551 | $ | 2,145 | $ | 1,659 | |||||||||||
50% or less owned Affiliates' interests, net | (20 | ) | (2 | ) | 17 | (6 | ) | (8 | ) | |||||||||||
Interest Expense | 159 | 159 | 279 | 181 | 203 | |||||||||||||||
Interest portion of net rent expense | 206 | 219 | 359 | 341 | 314 | |||||||||||||||
Earnings available for fixed charges | $ | 2,132 | $ | 1,803 | $ | 2,206 | $ | 2,661 | $ | 2,168 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest Expense | 160 | $ | 161 | $ | 281 | $ | 182 | $ | 204 | |||||||||||
Interest portion of net rent expense | 206 | 219 | 359 | 341 | 314 | |||||||||||||||
Total fixed charges | $ | 366 | $ | 380 | $ | 640 | $ | 523 | $ | 518 | ||||||||||
Ratio of earnings to fixed charges | 5.83 | 4.74 | 3.45 | 5.09 | 4.19 | |||||||||||||||