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Reportable Operating Segments
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Reportable Operating Segments Reportable Operating Segments

We identify our operating segments based on management responsibility. The following tables summarize Revenues and Operating Profit for each of our reportable operating segments:
 
Quarter ended
 
Year to date
Revenues
2018
 
2017
 
2018
 
2017
KFC Division
$
649

 
$
794

 
$
1,958

 
$
2,296

Pizza Hut Division
229

 
203

 
713

 
659

Taco Bell Division
513


442

 
1,459


1,349

Unallocated

 
(3
)
 

 
(3
)
 
$
1,391


$
1,436


$
4,130


$
4,301

 
Quarter ended
 
Year to date
Operating Profit
2018
 
2017
 
2018
 
2017
KFC Division
$
248


$
260


$
704


$
710

Pizza Hut Division
88


82


257


250

Taco Bell Division
161


147

 
442


440

Corporate and unallocated G&A expenses(a)
(38
)
 
(45
)
 
(122
)
 
(167
)
Unallocated restaurant costs
1

 
5

 
2

 
5

Unallocated Franchise and property revenues(b)

 
(3
)
 

 
(3
)
Unallocated Franchise and property expenses(b)
(2
)
 
(5
)
 
(4
)
 
(21
)
Unallocated Refranchising gain (loss) (See Note 5)
100

 
201

 
285

 
331

Unallocated Other income (expense)
(5
)

1


(9
)

1

Operating Profit
$
553


$
643


$
1,555


$
1,546

Investment income (expense), net (See Note 5)
96

 
1

 
185

 
3

Other pension income (expense) (See Note 10)
(4
)
 
(10
)
 
(10
)
 
(42
)
Interest expense, net
(111
)

(110
)

(330
)

(325
)
Income before income taxes
$
534


$
524


$
1,400


$
1,182



(a)
Includes non-cash adjustments associated with share-based compensation and charges associated with YUM's Strategic Transformation Initiatives. See Note 5.

(b)
Represents costs associated with the KFC U.S. Acceleration Agreement and Pizza Hut U.S. Transformation Agreement. See Note 5.