← Yum China Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $502.0m | $403.0m | $708.0m | $713.0m | $784.0m | $990.0m | $442.0m | $827.0m | $911.0m | $929.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $514.0m | $429.0m | $736.0m | $743.0m | $813.0m | $1.0b | $478.0m | $901.0m | $980.0m | $1.0b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $12.0m | $26.0m | $28.0m | $30.0m | $29.0m | $33.0m | $36.0m | $74.0m | $69.0m | $75.0m | |
| Depreciation, Depletion and Amortization | $402.0m | $409.0m | $445.0m | $428.0m | $450.0m | $516.0m | $602.0m | $453.0m | $476.0m | $448.0m | |
| Amortization of Intangible Assets | $12.0m | $14.0m | $26.0m | $16.0m | $24.0m | $45.0m | $99.0m | $4.0m | $2.0m | $2.0m | |
| Deferred Income Tax Expense (Benefit) | ($40.0m) | $64.0m | $33.0m | $16.0m | $111.0m | $160.0m | ($20.0m) | ($10.0m) | ($7.0m) | ($14.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $16.0m | $26.0m | $24.0m | $26.0m | $36.0m | $41.0m | $42.0m | $64.0m | $41.0m | $42.0m | |
| Share-based Payment Arrangement, Expense | $16.0m | $26.0m | $24.0m | $26.0m | $36.0m | $41.0m | $42.0m | $64.0m | $41.0m | $42.0m | |
| Goodwill, Impairment Loss | — | — | — | $9.0m | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $2.0m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | $15.0m | $5.0m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $54.0m | $65.0m | $65.0m | $69.0m | $62.0m | $44.0m | ($2.0m) | $4.0m | $5.0m | $15.0m | |
| Income Tax Expense (Benefit) | $158.0m | $381.0m | $214.0m | $260.0m | $295.0m | $369.0m | $207.0m | $329.0m | $356.0m | $369.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $54.0m | $1.0m | $13.0m | $9.0m | $15.0m | $5.0m | $1.0m | $6.0m | $9.0m | $11.0m | |
| Increase (Decrease) in Inventories | $96.0m | $11.0m | $23.0m | $77.0m | ($17.0m) | $16.0m | $19.0m | $19.0m | ($8.0m) | $14.0m | |
| Proceeds from Stock Options Exercised | — | $5.0m | — | — | — | — | — | — | — | — | |
| Accrued capital expenditures | $436.0m | $415.0m | $470.0m | $435.0m | $419.0m | $689.0m | $679.0m | $710.0m | $705.0m | $626.0m | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | $21.0m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | ($27.0m) | $63.0m | $104.0m | ($54.0m) | ($26.0m) | ($49.0m) | $40.0m | ($24.0m) | |
| General and Administrative Expense | $424.0m | $487.0m | $456.0m | $487.0m | $479.0m | $564.0m | $594.0m | $638.0m | $568.0m | $581.0m | |
| Goodwill | $79.0m | $108.0m | $266.0m | $254.0m | $832.0m | $2.1b | $2.0b | $1.9b | $1.9b | $2.0b | |
| Other Operating Income (Expense), Net | $56.0m | $68.0m | $152.0m | $60.0m | $285.0m | $643.0m | ($94.0m) | — | $1.0m | $1.0m | |
| Net Cash Provided by (Used in) Operating Activities | $864.0m | $884.0m | $1.3b | $1.2b | $1.1b | $1.1b | $1.4b | $1.5b | $1.4b | $1.5b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $436.0m | $415.0m | $470.0m | $435.0m | $419.0m | $689.0m | $679.0m | $710.0m | $705.0m | $626.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $25.0m | $91.0m | — | $288.0m | $115.0m | $23.0m | — | — | — | |
| Payments to Acquire Investments | — | — | $74.0m | — | — | — | — | $3.5b | $4.7b | $7.6b | |
| Payments for (Proceeds from) Other Investing Activities | $3.0m | $7.0m | ($7.0m) | ($15.0m) | ($56.0m) | ($5.0m) | ($4.0m) | ($5.0m) | ($4.0m) | ($2.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($471.0m) | ($557.0m) | ($552.0m) | ($910.0m) | ($3.1b) | ($855.0m) | ($522.0m) | ($743.0m) | ($178.0m) | ($5.0m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Common Stock | — | — | — | — | $2.2b | — | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | $128.0m | $307.0m | $265.0m | $8.0m | $75.0m | $466.0m | $613.0m | $1.2b | $1.1b | |
| Payments of Ordinary Dividends, Common Stock | — | $38.0m | $161.0m | $181.0m | $95.0m | $203.0m | $202.0m | $216.0m | $248.0m | $353.0m | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | $37.0m | $18.0m | $35.0m | — | $0 | |
| Payments of Dividends | — | $38.0m | $161.0m | $181.0m | $95.0m | $203.0m | $202.0m | $216.0m | $248.0m | $353.0m | |
| Dividends Payable, Current | — | — | — | — | — | — | — | $40.0m | $40.0m | $51.0m | |
| Proceeds from (Payments for) Other Financing Activities | ($7.0m) | ($22.0m) | ($14.0m) | ($2.0m) | ($1.0m) | ($7.0m) | ($2.0m) | ($6.0m) | ($20.0m) | ($9.0m) | |
| Net Cash Provided by (Used in) Financing Activities | $95.0m | ($185.0m) | ($518.0m) | ($480.0m) | $2.1b | ($313.0m) | ($844.0m) | ($716.0m) | ($1.6b) | ($1.7b) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $32.0m | $207.0m | ($211.0m) | $103.0m | ($22.0m) | ($6.0m) | ($2.0m) | ($405.0m) | ($217.0m) | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | ($7.0m) | ($22.0m) | ($36.0m) | ($32.0m) | ($33.0m) | ($57.0m) | ($72.0m) | $3.0m | $4.0m | ($75.0m) | |
| Income Taxes Paid, Net | $182.0m | $232.0m | $208.0m | $255.0m | $170.0m | $255.0m | $204.0m | $324.0m | $393.0m | $370.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.