The Stockholders' Equity section of Yum! Brands, Inc., the operator of Pizza Hut, KFC, and Taco Bell

Question:

The Stockholders' Equity section of Yum! Brands, Inc., the operator of Pizza Hut, KFC, and Taco Bell restaurants, for two recent comparative dates was as follows:

1. What is the "other" comprehensive income or loss for the year ended December 31, 2005?
2. Explain the concept of other comprehensiveincome.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: Jul 17, 2012 01:25 AM

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The Stockholders' Equity section of Yum! Brands, Inc., the operator of Pizza Hut, KFC, and Taco Bell

Question:

Yum! Brands, Inc. Stockholders' Equity (selected items) December 31, 2005 and December 31, 2004 in millions) Dec. 31, 2005 Dec. 31, 2004 Common stock, no par value Retained earnings Accumulated other comprehensive income (loss) 659 1,067 (170) $1,595 1,619 (131) Total stockholders' equity $1,449

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1 The other comprehensive income or loss for the period is the difference in the accumulated other c...View the full answer

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