Exhibit 12.1

YUM! Brands, Inc.

Ratio of Earnings to Fixed Charges Years Ended 2006-2002

(in millions except ratio amounts)

	52 weeks			53 weeks			52 weeks
	2006			2005				2004		2003		2002
Earnings:
Pretax income from continuing operations before cumulative effect of accounting changes	$	1,108		$	1,026			$	1,026	$	886	$	858
50% or less owned Affiliates’ interests, net		(12	)		(8	)			2		1		(7)
Interest expense		172			148				145		185		180
Interest portion of net rent expense		209			179				164		147		111
Earnings available for fixed charges	$	1,477		$	1,345			$	1,337	$	1,219	$	1,142
Fixed Charges:
Interest expense	$	174		$	148			$	146	$	185	$	180
Interest portion of net rent expense		209			179				164		147		111
Total fixed charges	$	383		$	327			$	310	$	332	$	291
Ratio of earnings to fixed charges		3.86			4.11				4.31		3.67		3.92