Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Russell David Eric
 2. Date of Event Requiring Statement (Month/Day/Year)
02/16/2011		 3. Issuer Name and Ticker or Trading Symbol
YUM BRANDS INC [YUM]
(Last)
(First)
(Middle)
1441 GARDINER LANE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President, Controller
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

LOUISVILLE, KY 40213		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 888.85
I
401(k) Holdings

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock   (2)   (3) Common Stock 324 $ (1) D  
Phantom Stock   (2)   (3) Common Stock 3,477.1144 $ (1) D  
Phantom Stock   (2)   (3) Common Stock 4,741.3887 $ (1) D  
Phantom Stock 04/01/2013   (3) Common Stock 4,998.0122 $ (1) D  
Employee Stock Option (Right to Buy) 01/27/2005 01/27/2014 Common Stock 5,568 $ 17.23 D  
Employee Stock Option (Right to Buy) 01/28/2006 01/28/2015 Common Stock 6,504 $ 22.53 D  
Employee Stock Option (Right to Buy) 11/18/2006 11/18/2015 Common Stock 20,190 $ 24.1075 D  
Stock Appreciation Right 02/04/2012 02/04/2021 Common Stock 13,137 $ 49.3 D  
Stock Appreciation Right 02/04/2015 02/04/2021 Common Stock 10,184 $ 49.3 D  
Stock Appreciation Right 01/26/2007 01/26/2016 Common Stock 6,632 $ 24.4675 D  
Stock Appreciation Right 01/19/2008 01/19/2017 Common Stock 5,816 $ 29.61 D  
Stock Appreciation Right 01/24/2009 01/24/2018 Common Stock 8,032 $ 37.3 D  
Stock Appreciation Right 02/05/2010 02/10/2019 Common Stock 15,393 $ 29.29 D  
Stock Appreciation Right 02/05/2011 02/05/2020 Common Stock 13,053 $ 32.98 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Russell David Eric
1441 GARDINER LANE
LOUISVILLE, KY 40213		       Vice President, Controller  

Signatures

/s/ M. Gayle Hobson 02/22/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Conversion occurs on a one-for-one basis.
(2) Phantom Exercise Date
(3) The Program does not have specified expiration dates.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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