Consider the following balance sheet and income statement for Yum! Brands, Inc. (the company that operates Kentucky Fried Chicken and Pizza Hut), in condensed form, including some information from the cash flow statement:

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Yum! Brands, Inc. Balance Sheet Cash and short-term Investments Accounts receivable Inventory Other current assets Long-lived assets 2013 S 573 319 294 505 7,004 $ 8,695 2012 S 776 301 313 535 7,088 $ 9,013 2011 S 1,198 286 273 564 6,513 S 8834 Total assets Current liabilities Total liabilities S 2,265 6,427 $ 2,279 6,701 59 S 2,450 6,918 Noncontrolling interest Shareholders' equity 2,229 $ 8,695 1,916 $ 8,834 Total liabilities and equity Income Statement Sales Cost of sales $ 9,013 S 13,084 9,501 S 3,583 S 13,632 9,852 $ 3,780 s 12,626 9,140 S 3,486 Gross margin Earnings before interest and taxes Interest Taxes Noncontrolling interest S 1,815 156 324 S 1,798 247 S 2,294 149 537 Net income $ 1,091 S 1,597 S 1,319 S 74 2.41 443 Share price Earnings per share Number of outstanding shares (millions) Cash Flows Cash flow from operations Capital expenditures Dividends 3.46 451 2.81 $ 2,139 $ 2,294 1,005 544 $ 2,170 1,006 481 615