================================================================================



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported)
                                December 2, 2004

                         Commission file number 1-13163
                                   ___________

                                YUM! BRANDS, INC.
             (Exact name of registrant as specified in its charter)

            North Carolina                                   13-3951308
----------------------------------------                ----------------------
(State or other jurisdiction                            (IRS Employer
of incorporation or organization)                       Identification No.)


              1441 Gardiner Lane, Louisville, Kentucky                  40213
         (Address of principal executive offices)                     (Zip Code)


       Registrant's telephone number, including area code: (502) 874-8300



        Former name or former address, if changed since last report: N/A


Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))


================================================================================


Section 8 - Other Events

         Item 8.01   Other Events

         On December 2, 2004 YUM!  Brands,  Inc. issued a press release
         reporting  Period 12 sales for its portfolio of  International
         and U.S. businesses.  The Company also confirmed its earnings guidance
         for 2004 and discussed its 2005 forecast.

Section 9 - Financial Statements and Exhibits

         Item 9.01  Financial Statements and Exhibits

                    (c) Exhibits
                        99.1  Press Release dated December 2, 2004 from YUM!
                              Brands, Inc.



                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                           YUM! BRANDS, INC.
                                           -----------------
                                             (Registrant)




Date:    December 2, 2004                   /s/ Gregory N. Moore
                                            ------------------------------------
                                            Senior Vice President and Controller
                                           (Principal Accounting Officer)