2010 FINANCIAL HIGHLIGHTS
(In millions, except for per share amounts)
Year-end
2010 2009
% B/(W) change
Company sales
$ 9,783
$ 9,413
Franchise and license fees and income 1,560 1,423
Total revenues
$ 11,343
$ 10,836
Operating Profit
$ 1,769
$ 1,590
Net Income - Yum! Brands, Inc.
$ 1,158
$ 1,071
Diluted Earnings Per Common Share before Special Items (a)
$ 2.53
$ 2.17
(a)
Special Items Earnings Per Common Share
(0.15) 0.05
Reported Diluted Earnings Per Common Share
$ 2.38
$ 2.22
Cash Flows Provided by Operating Activities
$ 1,968
$ 1,404
4
10
5
11
8
17
NM
7
40
(a) See page 29 of our 2010 Form 10-K for further discussion of Special Items.
Average US Sales per System Unit (a)
(In thousands)
Year-end
2010
2009
2008
2007
2006 5-year growth (b)
KFC
$ 933
$ 960
$ 967
$ 994
$ 977
Pizza Hut 855
786
854
825
794
Taco Bell 1,288 1,255 1,265 1,147 1,178
(a) Excludes license units.
(b) Compounded annual growth rate.
1%
2%
2010 FINANCIAL HIGHLIGHTS
Worldwide Sales
(in billions)
2010
2009
2008
2007
2006
5-year growth(a)
KFC
Company sales
Franchisee sales (b)
$ 3.4
0.9
$ 3.0
0.9
$ 2.5
1.1
$ 1.7
1.1
$ 1.3
0.8
33%
8%
Pizza Hut
Company sales
Franchisee sales (b)
$ 0.7
$ 0.6
$ 0.5
$ 0.4
$ 0.3
27%
NM
Total China
Company sales
Franchisee sales (b)
$ 4.1
0.9
$ 3.6
0.9
$ 3.0
1.1
$ 2.1
1.1
$ 1.6
0.8
32%
8%
$ 1.6
8.8
$ 1.3
7.7
$ 1.4
7.6
$ 1.3
6.7
$ 1.1
5.7
9%
11%
$ 0.7
3.4
$ 0.8
3.2
$ 1.0
3.4
$ 1.2
3.0
$ 0.7
3.1
4%
4%
$
0.3
$
0.2
$
0.2
$
0.2
$
0.2
NM
6%
NM
NM
A&W
Company sales
Franchisee sales (b)
$
0.1
$
0.1
$
0.1
$
0.1
$
0.1
NM
NM
Total International
Company sales
Franchisee sales (b)
$ 2.3
12.6
$ 2.1
11.2
$ 2.4
11.3
$ 2.5
10.0
$ 1.8
9.1
7%
8%
KFC
Company sales
Franchisee sales (b)
$ 1.0
3.7
$ 1.0
3.9
$ 1.2
4.0
$ 1.2
4.1
$ 1.4
3.9
(8%)
0%
Pizza Hut
Company sales
Franchisee sales (b)
$ 0.6
4.8
$ 0.8
4.2
$ 1.2
4.3
$ 1.3
4.1
$ 1.4
3.8
(18%)
5%
Taco Bell
Company sales
Franchisee sales (b)
$ 1.8
5.1
$ 1.9
4.9
$ 1.9
4.8
$ 1.7
4.4
$ 1.8
4.5
0%
3%
Long John Silvers
Company sales
Franchisee sales (b)
$
0.7
$
0.7
$ 0.1
0.7
$ 0.3
0.5
$ 0.4
0.4
NM
NM
A&W
Company sales
Franchisee sales (b)
$
0.2
$
0.2
$
0.3
$
0.2
$
0.2
NM
NM
Total U.S.
Company sales
Franchisee sales (b)
$ 3.4
14.5
$ 3.7
13.9
$ 4.4
14.1
$ 4.5
13.3
$ 5.0
12.8
(7%)
3%
Total Worldwide
Company sales
Franchisee sales (b)
$ 9.8
28.0
$ 9.4
26.0
$ 9.8
26.5
$ 9.1
24.4
$ 8.4
22.7
5%
5%
CHINA
International
KFC
Company sales
Franchisee sales (b)
Pizza Hut
Company sales
Franchisee sales (b)
Taco Bell
Company sales
Franchisee sales (b)
Long John Silvers
Company sales
Franchisee sales (b)
UNITED STATES
(a) Compounded annual growth rate; totals for US, International and Worldwide exclude the impact of Long John Silvers and A&W.
(b) Franchisee sales represents the combined estimated sales of unconsolidated affiliate and franchise and license restaurants. Franchisee sales, which are not included in our Company sales, generate
fr anchise and license fees (typically at rates between 4% and 6%) that are included in our revenues.
2010 FINANCIAL HIGHLIGHTS
Worldwide System Units
Year-end
Company
Unconsolidated affiliates
Franchisees
Licensees
Total
Year-end
2010
2009
7,271
525
27,852
2,187
37,835
7,666
469
26,745
2,200
37,080
% B/(W)
Change
(5%)
12%
4%
(1%)
2%
2010
2009
2008
2007
2006
5-year growth (a)
3,244
642
2,872
562
2,497
499
2,140
404
1,822
291
16%
23%
China
KFC
Pizza Hut
Taco Bell
NM
A&W
NM
3,906
3,453
3,013
2,558
2,121
17%
KFC
Pizza Hut
8,554
5,248
8,230
5,153
7,830
5,112
7,394
4,958
7,042
4,862
5%
2%
Taco Bell
262
251
245
238
236
2%
31
35
38
38
35
(2%)
317
293
264
254
238
7%
14,412
13,962
13,489
12,882
12,413
4%
KFC
5,055
5,162
5,253
5,358
5,394
(1%)
Pizza Hut
7,542
7,566
7,564
7,515
7,532
0%
Taco Bell
5,634
5,604
5,588
5,580
5,608
(1%)
Total China (b)
International
Long John Silvers
A&W
Total International
United States
Long John Silvers
964
989
1,022
1,081
1,121
(4%)
A&W
322
344
363
371
406
(6%)
Total U.S.
19,517
19,665
19,790
19,905
20,061
(1%)
Total
37,835
37,080
36,292
35,345
34,595
2%
(b)
(a) Compounded annual growth rate; total US, International and Worldwide exclude the impact of Long John Silvers and A&W.
(b) Includes 20 units, 19 units, 17 units, 12 units and 6 units in 2010, 2009, 2008, 2007 and 2006, respectively, for an Asian food concept in China.
2010 FINANCIAL HIGHLIGHTS
Breakdown of Worldwide System Units
Year-end 2010
Company
Unconsolidated
Affiliate
Franchised
Licensed
Total
China
KFC
Pizza Hut
2,566
642
525
153
3,244
642
Total China (a)
3,228
525
153
3,906
International
KFC
Pizza Hut
879
678
7,647
4,503
28
67
8,554
5,248
Taco Bell
225
35
262
Long John Silvers
30
31
A&W
317
317
1,559
12,722
131
14,412
KFC
Pizza Hut
780
459
4,199
5,547
76
1,536
5,055
7,542
Taco Bell
Total International
United States
1,245
3,945
444
5,634
Long John Silvers
964
964
A&W
322
322
Total U.S.
2,484
14,977
2,056
19,517
Total
7,271
525
27,852
2,187
37,835
(a)
(a) Includes 20 units in 2010 for an Asian food concept in China.
2010 FINANCIAL HIGHLIGHTS
U.S. Sales by Daypart
Dinner 52%
Lunch 38%
Snacks/Breakfast 10%
Dinner 60%
Lunch 30%
Snacks/Breakfast 10%
Dinner 39%
Lunch 47%
Snacks/Breakfast 14%
Dinner 47%
Lunch 48%
Snacks/Breakfast 5%
Dinner 25%
Lunch 36%
Snacks/Breakfast 39%
U.S. Sales by Distribution Channel
Dine Out 76%
Dine
In 52%
24%
Dinner
Lunch 38%
Snacks/Breakfast 10%
Dine Out 73%
Dine
In 60%
27%
Dinner
Lunch 30%
Snacks/Breakfast 10%
Dine Out 75%
Dine
In 39%
25%
Dinner
Lunch 47%
Snacks/Breakfast 14%
Dine Out 59%
Dine
In 47%
41%
Dinner
Lunch 48%
Snacks/Breakfast 5%
Dine Out 46%
Dine
In 25%
54%
Dinner
Lunch 36%
Snacks/Breakfast 39%
Dinner
Dine
Out52%
76%
Lunch
Dine
In 38%
24%
Snacks/Breakfast 10%
Dinner
Dine
Out60%
73%
Lunch
Dine
In 30%
27%
Snacks/Breakfast 10%
Dinner
Dine
Out39%
75%
Lunch
Dine
In 47%
25%
Snacks/Breakfast 14%
Dinner
Dine
Out47%
59%
Lunch
Dine
In 48%
41%
Snacks/Breakfast 5%
Dinner
Dine
Out25%
46%
Lunch
Dine
In 36%
54%
Snacks/Breakfast 39%
Dine Out 75%
Dine In 25%
Dine Out 59%
Dine In 41%
Dine Out 46%
Dine In 54%
Source: The NPD Group/CREST
Dine Out 76%
Dine In 24%
Dine Out 73%
Dine In 27%
2010 FINANCIAL HIGHLIGHTS
Worldwide Units Comparison
2010 (In thousands)
Yum! Brands
38
Subway
34
McDonald's
33
Starbucks
17
Burger King
12
Wendys/Arbys Group
10
Dominos Pizza
Dairy Queen
Papa John's
Source: Public disclosures
