Putting “yum” on people’s faces around the world

Putting “yum” on people’s faces around the world is the mission of YUM Brands, Inc. Yum was spun off from PepsiCo in 1997. A spin-off occurs when a company separates its operations into two or more distinct companies. The company was originally composed of KFC, Pizza Hut, and Taco Bell and was operated as a part of PepsiCo prior to the spin-off. In 2015, Yum! had total assets of $8.08 billion, long-term debt of $3.05 billion, and total liabilities of $7.10 billion. Yum!’s income before interest and taxes in 2015 was $1.92 billion. Its average interest rate on long-term debt was approximately 4.4 percent

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