Pizza Hut 2012 Annual Report Download - page 134

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YUM! BRANDS, INC.-2012 Form10-K 42
Form 10-K
PART II
ITEM 8Financial Statements andSupplementaryData
Consolidated Statements
of Shareholders’ Equity (Defi cit)
YUM! BRANDS, INC. AND SUBSIDIARIES
FISCAL YEARS ENDED DECEMBER29, 2012, DECEMBER31, 2011 AND DECEMBER25, 2010
(in millions)
Yum! Brands, Inc.
Noncontrolling
Interests Total
Issued Common
Stock
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)Shares Amount
Balance at December26, 2009 469 $ 253 $ 996 $ (224) $ 89 $ 1,114
Net income 1,158 20 1,178
Translation adjustments and gains (losses) from intra-entity
transactions of a long-term investment nature (net of tax impact
of $5million) 8 4 12
Pension and post-retirement benefi t plans (net of tax impact of
$10million) (10) (10)
Net unrealized loss on derivative instruments (net of tax impact
of $1million) (1) (1)
Comprehensive Income 1,179
Dividends declared (437) (20) (457)
Repurchase of shares of Common Stock (10) (390) (390)
Employee stock option and SARs exercises (includes tax
impact of $73million) 9 168 168
Compensation-related events (includes tax impact of $7million) 1 55 55
Balance at December25, 2010 469 $ 86 $ 1,717 $ (227) $ 93 $ 1,669
Net Income 1,319 16 1,335
Translation adjustments and gains (losses) from intra-entity
transactions of a long-term investment nature (net of tax impact
of $3million) 85 6 91
Pension and post-retirement benefi t plans (net of tax impact of
$65million) (106) (106)
Net unrealized gain on derivative instruments (net of tax impact
of less than $1million) 1 1
Comprehensive Income 1,321
Dividends declared (501) (22) (523)
Repurchase of shares of Common Stock (14) (250) (483) (733)
Employee stock option and SARs exercises (includes tax
impact of $71million) 5 119 119
Compensation-related events (includes tax impact of $5million) — 63 63
Balance at December31, 2011 460 $ 18 $ 2,052 $ (247) $ 93 $ 1,916
Net Income 1,597 11 1,608
Translation adjustments and gains (losses) from intra-entity
transactions of a long-term investment nature (net of tax impact
of $3million) 23 1 24
Reclassifi cation of translation adjustments into income 3 3
Pension and post-retirement benefi t plans (net of tax impact of
$48million) 89 89
Comprehensive Income 1,724
Noncontrolling Interest - Little Sheep acquisition 16 16
Dividends declared (569) (22) (591)
Repurchase of shares of Common Stock (15) (191) (794) (985)
Employee stock option and SARs exercises (includes tax
impact of $89million) 6 111 111
Compensation-related events (includes tax impact of
$11million) 62 62
BALANCE AT DECEMBER29, 2012 451 $ — $ 2,286 $ (132) $ 99 $ 2,253
See accompanying Notes to Consolidated Financial Statements.