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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM10-K
ANNUAL
REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
forthefi scalyearended December 29, 2012
OR
TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
forthetransitionperiodfrom______________ to ______________
Commission fi le number 1-13163
YUM! BRANDS, INC.
(Exact name of Registrant as specifi ed in its charter)
NORTH CAROLINA 13-3951308
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identifi cation No.)
1441 Gardiner Lane, Louisville, Kentucky 40213
(Address of principal executive offi ces) (Zip Code)
(502) 874-8300
(Registrant’s telephone number, including area code)
SECURITIES REGISTERED PURSUANT TO SECTION12(b) OF THE ACT:
Title of each class Name of Each Exchange on Which Registered
Common Stock, no par value New York Stock Exchange
SECURITIES REGISTERED PURSUANT TO SECTION12(g) OF THE ACT:
NONE
Indicate by check mark YES NO
Indicate by check mark if the registrant is a well-known seasoned issuer, as defi ned in Rule 405 of the
Securities Act.
Indicate by check mark if the registrant is not required to fi le reports pursuant to Section 13 or Section
15(d) of the Act.
Indicate by check mark whether the registrant (1) has fi led all reports required to be fi led by Section 13 or
15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to fi le such reports), and (2) has been subject to such fi ling requirements
for the past 90 days..
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate
Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405
of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was
required to submit and post such fi les).
Indicate by check mark if disclosure of delinquent fi lers pursuant to Item 405 of Regulation S-K is not
contained herein, and will not be contained, to the best of registrant’s knowledge, in defi nitive proxy or
information statements incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.
Indicate by check mark whether the registrant is a large accelerated fi ler, an accelerated fi ler, a non-accelerated fi ler or a smaller reporting
company. See defi nitions of “large accelerated fi ler”, “accelerated fi ler” and “smaller reporting company” in Rule 12b-2 of the Exchange Act
Large accelerated fi ler Accelerated fi ler Non-accelerated fi ler Smaller reporting company
Indicate by check mark whether the registrant is a shell company (as defi ned in Rule 12b-2 of the
Exchange Act).
The aggregate market value of the voting stock (which consists solely of shares of Common Stock) held by non-affi liates of the registrant
as of June 16, 2012 computed by reference to the closing price of the registrant’s Common Stock on the New York Stock Exchange
Composite Tape on such date was approximately $29,700,000,000. All executive offi cers and directors of the registrant have been
deemed, solely for the purpose of the foregoing calculation, to be “af liates” of the registrant. The number of shares outstanding of the
registrant’s Common Stock as of February 12, 2013 was 450,729,244 shares.
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the defi nitive proxy statement furnished to shareholders of the registrant in connection with the annual meeting of shareholders
to be held on May 15, 2013 are incorporated by reference into Part III.