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Reportable Operating Segments (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment The following tables summarize Revenues and Operating Profit for each of our reportable operating segments:
 
Quarter ended
Revenues
2018
 
2017
KFC Division
$
658

 
$
732

Pizza Hut Division
251

 
234

Taco Bell Division
462


451

 
$
1,371


$
1,417

 
Quarter ended
Operating Profit
2018
 
2017
KFC Division
$
221


$
207

Pizza Hut Division
88


83

Taco Bell Division
132


141

Unallocated Franchise and property expenses(a)
(1
)
 
(3
)
Corporate and unallocated G&A expenses(b)
(44
)
 
(53
)
Unallocated Refranchising gain (loss) (See Note 5)
156

 
111

Unallocated Other income (expense)
1


(2
)
Operating Profit
$
553


$
484

Investment income (expense), net (See Note 12)
66

 
1

Other pension income (expense) (See Note 10)
(3
)
 
(28
)
Interest expense, net
(107
)

(110
)
Income before income taxes
$
509


$
347



(a)
Represents costs associated with the KFC U.S. Acceleration Agreement. 2018 also includes costs associated with the Pizza Hut U.S. Transformation Agreement. See Note 5.

(b)
Amounts include charges associated with YUM's Strategic Transformation Initiatives of $1 million for the quarter ended March 31, 2018, and $7 million for the quarter ended March 31, 2017. See Note 5.