Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - YUM BRANDS INC | yum-12312016xex322.htm |
| EX-32.1 - EXHIBIT 32.1 - YUM BRANDS INC | yum-12312016xex321.htm |
| EX-31.2 - EXHIBIT 31.2 - YUM BRANDS INC | yum-12312016xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - YUM BRANDS INC | yum-12312016xex311.htm |
| EX-23.1 - EXHIBIT 23.1 - YUM BRANDS INC | yum-12312016xex231.htm |
| EX-21.1 - EXHIBIT 21.1 - YUM BRANDS INC | yum-12312016xex211.htm |
| 10-K - 10-K - YUM BRANDS INC | yum10k12312016.htm |
Exhibit 12.1 YUM! Brands, Inc. Ratio of Earnings to Fixed Charges Years Ended 2016 - 2012 (In millions except ratio amounts) | ||||||||||||||||||||
53 Weeks | 52 Weeks | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Pretax income from continuing operations before cumulative effect of accounting changes | $ | 1,318 | $ | 1,261 | $ | 1,374 | $ | 1,279 | $ | 1,251 | ||||||||||
50% or less owned Affiliates' interests, net | — | — | — | — | — | |||||||||||||||
Interest Expense | 331 | 157 | 162 | 282 | 193 | |||||||||||||||
Interest portion of net rent expense | 50 | 57 | 62 | 64 | 72 | |||||||||||||||
Earnings available for fixed charges | $ | 1,699 | $ | 1,475 | $ | 1,598 | $ | 1,625 | $ | 1,516 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest Expense | $ | 331 | $ | 157 | $ | 164 | $ | 283 | $ | 193 | ||||||||||
Interest portion of net rent expense | 50 | 57 | 62 | 64 | 72 | |||||||||||||||
Total fixed charges | $ | 381 | $ | 214 | $ | 226 | $ | 347 | $ | 265 | ||||||||||
Ratio of earnings to fixed charges | 4.46 | 6.89 | 7.07 | 4.68 | 5.72 | |||||||||||||||