Exhibit 23.1



Consent of Independent Registered Public Accounting Firm
 
 
The Board of Directors and Shareholders
YUM! Brands, Inc.:


We consent to the incorporation by reference in the registration statements listed below of YUM! Brands, Inc. and Subsidiaries (YUM) of our report dated February 18, 2014, with respect to the consolidated balance sheets of YUM as of December 28, 2013 and December 29, 2012, and the related consolidated statements of income, comprehensive income, cash flows, and shareholders' equity for each of the fiscal years in the three-year period ended December 28, 2013, and the effectiveness of internal control over financial reporting as of December 28, 2013, which report appears in the December 28, 2013 annual report on Form 10-K of YUM.
 
 
 
 
 
 
 
Description
Registration Statement Number
 
 
Form S-3
 
 
 
YUM! Direct Stock Purchase Program
333-46242
Debt Securities 
333-188216
 
 
Form S-8
 
 
 
Restaurant Deferred Compensation Plan
333-36877, 333-32050
Executive Income Deferral Program
333-36955
YUM! Long-Term Incentive Plan
333-36895, 333-85073, 333-32046
SharePower Stock Option Plan
333-36961
YUM! Brands 401(k) Plan
333-36893, 333-32048, 333-109300
YUM! Brands, Inc. Restaurant General Manager
 
     Stock Option Plan
333-64547
YUM! Brands, Inc. Long-Term Incentive Plan
333-32052, 333-109299, 333-170929
 
 
 
 
 
/s/ KPMG LLP 
Louisville, Kentucky
February 18, 2014