Pizza Hut 2013 Annual Report Download - page 138

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YUM! BRANDS, INC.-2013 Form10-K42
Form 10-K
PART II
ITEM 8Financial Statements andSupplementaryData
Consolidated Statements of Shareholders’ Equity
YUM! BRANDS, INC. AND SUBSIDIARIES
FISCAL YEARS ENDED DECEMBER 28, 2013, DECEMBER 29, 2012 AND DECEMBER 31, 2011
(in millions)
Yum! Brands, Inc.
Noncontrolling
Interests
Total
Shareholders’
Equity
Redeemable
Noncontrolling
Interest
Issued Common
Stock Retained
Earnings
Accumulated Other
Comprehensive
Income (Loss)Shares Amount
Balance at December 25, 2010 469 $ 86 $ 1,717 $ (227) $ 93 $ 1,669 $ —
Net Income (loss) 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 benefit 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 (loss) 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 (loss) 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
Reclassification of translation adjustments into
income 3 3
Pension and post-retirement benefit plans
(net of tax impact of $48 million) 89 89
Comprehensive Income (loss) 1,724 —
Noncontrolling Interest – Little Sheep acquisition
16 16 59
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 $ 59
Net Income (loss) 1,091 (5) 1,086 (22)
Translation adjustments and gains (losses) from
intra-entity transactions of a long-term investment
nature (net of tax impact of $2 million)
4 2 6 2
Pension and post-retirement benefit plans
(net of tax impact of $115 million) 189 189
Net unrealized gain on derivative instruments
(net of tax impact of $1million) 3 3
Comprehensive Income (loss) 1,284 (20)
Dividends declared (635) (18) (653)
Acquisition of Little Sheep store-level
noncontrolling interests (15) (15)
Repurchase of shares of Common Stock (11) (110) (640) (750)
Employee stock option and SARs exercises
(includes tax impact of $42million) 3 49 49
Compensation-related events (includes tax
impact of $8 million) 61 61
BALANCE AT DECEMBER 28, 2013 443 $ — $ 2,102 $ 64 $ 63 $ 2,229 $ 39
See accompanying Notes to Consolidated Financial Statements.