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Reportable Operating Segments | 6 Months Ended
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Jun. 30, 2020
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 | 2020 |  | 2019 |  | 2020 |  | 2019
KFC Division | $ | 409 |  |  | $ | 584 |  |  | $ | 975 |  |  | $ | 1,150 |
Pizza Hut Division | 235 |  |  | 246 |  |  | 470 |  |  | 489 |
Taco Bell Division | 449 |  |  | 480 |  |  | 902 |  |  | 925 |
Habit Burger Grill Division | 105 |  |  | — |  |  | 114 |  |  | — |
| $ | 1,198 |  |  | $ | 1,310 |  |  | $ | 2,461 |  |  | $ | 2,564 |
| Quarter ended |  | Year to date
Operating Profit | 2020 |  | 2019 |  | 2020 |  | 2019
KFC Division | $ | 153 |  |  | $ | 261 |  |  | $ | 377 |  |  | $ | 497 |
Pizza Hut Division | 87 |  |  | 96 |  |  | 163 |  |  | 193 |
Taco Bell Division | 154 |  |  | 159 |  |  | 298 |  |  | 297 |
Habit Burger Grill Division | (6 | ) |  | — |  |  | (8 | ) |  | — |
Corporate and unallocated G&A expenses(a) | (98 | ) |  | (38 | ) |  | (148 | ) |  | (81 | )
Unallocated Company restaurant expenses | — |  |  | — |  |  | (1 | ) |  | — |
Unallocated Franchise and property expenses | (1 | ) |  | (2 | ) |  | (3 | ) |  | (3 | )
Unallocated Refranchising gain (loss) | 8 |  |  | 4 |  |  | 21 |  |  | 10 |
Unallocated Other income (expense) (See Note 5) | 3 |  |  | (9 | ) |  | (149 | ) |  | (9 | )
Operating Profit | $ | 300 |  |  | $ | 471 |  |  | $ | 550 |  |  | $ | 904 |
Investment income (expense), net(b) | 91 |  |  | 25 |  |  | 57 |  |  | 9 |
Other pension income (expense) (See Note 10) | (2 | ) |  | — |  |  | (5 | ) |  | (3 | )
Interest expense, net | (132 | ) |  | (119 | ) |  | (250 | ) |  | (234 | )
Income before income taxes | $ | 257 |  |  | $ | 377 |  |  | $ | 352 |  |  | $ | 676 |
Our chief operating decision maker (“CODM”) does not consider the impact of Corporate and unallocated amounts when assessing Divisional segment performance. As such, we do not allocate such amounts to our Divisional segments for performance reporting purposes.
(a) | Includes a $50 million contribution to Yum! Brands Foundation, Inc. (a stand-alone, not-for-profit organization that is not consolidated in the Company's results) in the second quarter of 2020 related to our "Unlocking Opportunity Initiative". Also included are costs related to our acquisition of Habit Burger Grill in the quarter and year to date ended June 30, 2020 of $3 million and $9 million, respectively.
(b) Includes changes in the value of Grubhub, Inc. common stock and other investments (see Note 13).

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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