YUM: the cash flow

Net income

-

432

535

771

Depreciation and amortization

-

60

67

94

Impairment and closure expense

-

22

-

Refranchising (gain) loss

-

1

15

28

Investment (income) expense, net

-

0

Deferred income taxes

-

13

-68

167

Share-based compensation expense

-

24

16

33

Changes in accounts and notes receivable

-

-28

96

20

Changes in prepaid expenses and other current assets

-

24

10

-49

Changes in accounts payable and other current liabilities

-

-75

136

-10

Changes in income taxes payable

-

-19

-17

-34

Other, net

-

-22

47

-33

Net cash provided by operating activities

-

416

617

989

Capital spending

-

-161

-

165

Proceeds from sale of long-term investments

-

0

Payments to acquire long-term investments-KFCU.K.And Ireland Store Acquisition

-

0

Payments to acquire long-term investments

-

-95

-

100

Proceeds from sale of productive assets

-

-53

-

38

Payments to acquire short-term investments

-

91

-

-1

Other, net

-

-16

-

-16

Net cash used in investing activities

-

-80

-795

-210

Proceeds from long-term debt

-

0

1,493

Repayments of long-term debt

-

8

9

952

Revolving credit facilities, three months or less, net

-

50

300

-350

More than three months - proceeds

-

31

58

Repayments of short-term debt, maturing in more than three months

-

43

Three months or less, net

-

0

Repurchase shares of common stock

-

185

178

145

Dividends paid on common stock

-

207

197

394

Other, net

-

-25

-6

-22

Cash provided by (used in) financing activity, including discontinued operation

-

-375

-102

-379

Cash, cash equivalent, restricted cash, and restricted cash equivalent, period increase (decrease), including exchange rate effect, continuing operation

-7

-

Effect of exchange rate on cash, cash equivalents, restricted cash and restricted cash equivalents

-

5

3

19

Cash, cash equivalent, restricted cash, and restricted cash equivalent, period increase (decrease), including exchange rate effect, discontinued operation

32

-

Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents

-5

-34

-277

382

Cash, cash equivalents, restricted cash and restricted cash equivalents - beginning of period

889

923

782

Cash, cash equivalents, restricted cash and restricted cash equivalents - end of period

884

889

923

1,200

MyFinsight

Cash Flow Overview

Time Plot

Cash Flow

Cash Flow Overview

Time Plot

Cash Flow