Yum! Financial Data

Consolidated Statements of Income

YUM! Brands, Inc. and Subsidiaries

Fiscal years ended December 29, 2012, December 31, 2011, and December 25, 2010

(in millions, except per share data)

Revenues 2012 2011 2010
Company sales $11,833 $10,893 $ 9,783
Franchise and license fees and income 1,800 1,733 1,560
Total revenues 13,633 12,626 11,343
 
Costs and Expenses, net
Company restaurants
Food and paper 3,874 3,633 3,091
Payroll and employee benefits 2,620 2,418 2,172
Occupancy and other operating expenses 3,358 3,089 2,857
Company restaurant expenses 9,852 9,140 8,120
General and administrative expenses 1,510 1,372 1,277
Franchise and license expenses 133 145 110
Closures and impairment (income) expenses  37 135 47
Refranchising (gain) loss  (78) 72 63
Other (income) expense (115) (53) (43)
Total costs and expenses, net 11,339 10,811 9,574
 
Operating Profit 2,294 1,815 1,769
Interest expense, net 149 156 175
 
Income before Income Taxes 2,145 1,659 1,594
Income tax provision 537 324 416
Net Income - including noncontrolling interest 1,608 1,335 1,178
Net Income - noncontrolling interest 11 16 20
 
Net income - YUM! Brands, Inc. $ 1,597 $ 1,319 $ 1,158
 
Basic Earnings Per Common Share $ 3.46 $ 2.81 $ 2.44
Diluted Earnings Per Common Share $ 3.38 $ 2.74 $ 2.38
Dividends Declared Per Common Share $ 1.24 $ 1.07 $ 0.92

Note: You should consult our filings with the Securities and Exchange Commission for additional detail about our financial and other results.