XML 54 R39.htm IDEA: XBRL DOCUMENT
v3.20.4

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Leases [Abstract] |
Lease, Cost |
|  | 2020 |  | 2019
Operating lease cost |  | $ | 137 |  |  | $ | 115 |
Finance lease cost |  |  |  |
Amortization of right-of-use assets |  | 5 |  |  | 3 |
Interest on lease liabilities |  | 3 |  |  | 3 |
Total finance lease cost |  | $ | 8 |  |  | $ | 6 |
Sublease income |  | $ | (60) |  |  | $ | (69) |
Condensed Cash Flow Statement |
|  | 2020 |  | 2019 |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |
Operating cash flows from operating leases |  | $ | 133 |  |  | $ | 104 |  |
Operating cash flows from finance leases |  | 3 |  |  | 3 |  |
Financing cash flows from finance leases |  | 5 |  |  | 4 |  |
Right-of-use assets obtained in exchange for lease obligations |  |  |  |  |
Operating leases(a) |  | 296 |  |  | 79 |  |
Finance leases |  | 4 |  |  | 14 |  |
(a) The year ended December 31, 2020, includes right-of-use assets acquired as part of the acquisition of Habit Burger Grill of $196 million (See Note 3).
Condensed Balance Sheet |
|  | 2020 |  | 2019 |  | Consolidated Balance Sheet
Assets |  |  |  |  |  |
Operating lease right-of-use assets |  | $ | 851 |  |  | $ | 642 |  |  | Other assets
Finance lease right-of-use assets |  | 40 |  |  | 42 |  |  | Property, plant and equipment, net
Total right-of-use assets(a) |  | $ | 891 |  |  | $ | 684 |  |  |
Liabilities |  |  |  |  |  |
Current |  |  |  |  |  |
Operating |  | $ | 97 |  |  | $ | 67 |  |  | Accounts payable and other current liabilities
Finance |  | 7 |  |  | 7 |  |  | Short-term borrowings
Non-current |  |  |  |  |  |
Operating |  | 823 |  |  | 640 |  |  | Other liabilities and deferred credits
Finance |  | 65 |  |  | 70 |  |  | Long-term debt
Total lease liabilities(a) |  | $ | 992 |  |  | $ | 784 |  |  |
Weighted-average Remaining Lease Term (in years) |  |  |  |  |  |
Operating leases |  | 11.1 |  | 12.3 |  |
Finance leases |  | 12.2 |  | 12.7 |  |
Weighted-average Discount Rate |  |  |  |  |  |
Operating leases |  | 5.1 | % |  | 5.6 | % |  |
Finance leases |  | 6.5 | % |  | 6.6 | % |  |
(a) U.S. operating lease right-of-use assets and liabilities totaled $499 million and $556 million, respectively, as of December 31, 2020, and $283 million and $337 million, respectively, as of December 31, 2019. These amounts primarily related to Taco Bell U.S. and the Habit Burger Grill including leases related to Company-operated restaurants, leases related to franchise-operated restaurants we sublease and the Taco Bell restaurant support center.
Future minimum commitments and amounts to be received as lessor or sublessor under non-cancelable leases | Future minimum lease payments, including rental payments for lease renewal options we are reasonably certain to exercise, and amounts to be received as lessor or sublessor as of December 31, 2020, were as follows:
|  | Commitments |  | Lease Receivables
|  | Finance |  | Operating |  | Direct Financing |  | Operating
2021 |  | $ | 9 |  |  | $ | 128 |  |  | $ | 3 |  |  | $ | 80 |
2022 |  | 10 |  |  | 133 |  |  | 4 |  |  | 82 |
2023 |  | 9 |  |  | 123 |  |  | 4 |  |  | 80 |
2024 |  | 8 |  |  | 115 |  |  | 4 |  |  | 76 |
2025 |  | 8 |  |  | 103 |  |  | 3 |  |  | 71 |
Thereafter |  | 58 |  |  | 623 |  |  | 27 |  |  | 599 |
Total lease payments/receipts |  | 102 |  |  | 1,225 |  |  | 45 |  |  | $ | 988 |
Less imputed interest/unearned income |  | (30) |  |  | (305) |  |  | (18) |  |  |
Total lease liabilities/receivables |  | $ | 72 |  |  | $ | 920 |  |  | $ | 27 |  |  |

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Future minimum commitments and amounts to be received as lessor or sublessor under non-cancelable leases + References No definition available. + Details
Name: | yum_FutureMinimumCommitmentsAndAmountsToBeReceivedAsLessorOrSublessorUnderNonCancelableLeasesTableTextBlock
Namespace Prefix: | yum_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration