Attached files
| file | filename |
|---|---|
| EX-10.5.1 - EXHIBIT 10.5.1 - YUM BRANDS INC | yum-12312017xex1051.htm |
| EX-32.2 - EXHIBIT 32.2 - YUM BRANDS INC | yum-12312017xex322.htm |
| EX-32.1 - EXHIBIT 32.1 - YUM BRANDS INC | yum-12312017xex321.htm |
| EX-31.2 - EXHIBIT 31.2 - YUM BRANDS INC | yum-12312017xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - YUM BRANDS INC | yum-12312017xex311.htm |
| EX-23.1 - EXHIBIT 23.1 - YUM BRANDS INC | yum-12312017xex231.htm |
| EX-21.1 - EXHIBIT 21.1 - YUM BRANDS INC | yum-12312017xex211.htm |
| 10-K - 10-K - YUM BRANDS INC | yum10k12312017.htm |
Exhibit 12.1 YUM! Brands, Inc. Ratio of Earnings to Fixed Charges Years Ended 2017 - 2013 (In millions except ratio amounts) | ||||||||||||||||||||
52 Weeks | 53 Weeks | 52 Weeks | ||||||||||||||||||
2017 | 2016 (As Restated) | 2015 (As Restated) | 2014 | 2013 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
Pretax income from continuing operations before cumulative effect of accounting changes | $ | 2,274 | $ | 1,345 | $ | 1,253 | $ | 1,374 | $ | 1,279 | ||||||||||
50% or less owned Affiliates' interests, net | — | — | — | — | — | |||||||||||||||
Interest Expense | 478 | 330 | 158 | 162 | 282 | |||||||||||||||
Interest portion of net rent expense | 40 | 50 | 57 | 62 | 64 | |||||||||||||||
Earnings available for fixed charges | $ | 2,792 | $ | 1,725 | $ | 1,468 | $ | 1,598 | $ | 1,625 | ||||||||||
Fixed Charges: | ||||||||||||||||||||
Interest Expense | $ | 478 | $ | 330 | $ | 158 | $ | 164 | $ | 283 | ||||||||||
Interest portion of net rent expense | 40 | 50 | 57 | 62 | 64 | |||||||||||||||
Total fixed charges | $ | 518 | $ | 380 | $ | 215 | $ | 226 | $ | 347 | ||||||||||
Ratio of earnings to fixed charges | 5.39 | 4.54 | 6.83 | 7.07 | 4.68 | |||||||||||||||