2017 Q4 Form 10-K Financial Statement

#000006390819000010 Filed on February 22, 2019

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $5.340B $5.755B $6.050B
YoY Change -11.42% -10.42% -3.44%
Cost Of Revenue $2.675B $2.937B $3.341B
YoY Change -22.93% -20.12% -9.18%
Gross Profit $2.666B $2.818B $2.708B
YoY Change 4.19% 2.57% 4.73%
Gross Profit Margin 49.91% 48.96% 44.77%
Selling, General & Admin $617.6M $567.0M $525.4M
YoY Change -1.58% -2.73% -11.86%
% of Gross Profit 23.17% 20.12% 19.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $342.8M $355.8M $339.5M
YoY Change -9.53% -3.99% -11.43%
% of Gross Profit 12.86% 12.63% 12.54%
Operating Expenses $617.6M $567.0M $525.4M
YoY Change -1.58% -2.73% -11.86%
Operating Profit $2.144B $3.079B $2.295B
YoY Change 8.9% 44.08% 23.53%
Interest Expense -$166.8M $236.7M $230.9M
YoY Change -14.37% 6.91% 3.13%
% of Operating Profit -7.78% 7.69% 10.06%
Other Income/Expense, Net -$9.700M -$23.20M -$2.800M
YoY Change 0.0% 103.51% -117.28%
Pretax Income $1.885B $2.820B $2.061B
YoY Change 8.66% 48.04% 24.92%
Income Tax $486.4M $935.8M $666.3M
% Of Pretax Income 25.8% 33.19% 32.32%
Net Earnings $698.7M $1.884B $1.395B
YoY Change -41.45% 47.69% 27.65%
Net Earnings / Revenue 13.08% 32.73% 23.06%
Basic Earnings Per Share $0.88 $2.34 $1.72
Diluted Earnings Per Share $0.87 $2.32 $1.70
COMMON SHARES
Basic Shares Outstanding 794.3M shares 805.3M shares 811.6M shares
Diluted Shares Outstanding 803.0M shares 813.5M shares 819.2M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.464B $2.671B $2.392B
YoY Change 101.47% 17.82% -23.53%
Cash & Equivalents $2.464B $2.671B $2.392B
Short-Term Investments
Other Short-Term Assets $828.0M $496.0M $1.987B
YoY Change -60.42% -16.64% 252.3%
Inventory $58.80M $54.20M $56.70M
Prepaid Expenses
Receivables $1.976B $1.569B $1.457B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.327B $4.790B $5.893B
YoY Change 9.87% 11.35% 16.76%
LONG-TERM ASSETS
Property, Plant & Equipment $22.45B $21.98B $21.69B
YoY Change 5.6% -4.38% -5.08%
Goodwill $2.380B $2.373B $2.345B
YoY Change 1.85% -5.25% -6.14%
Intangibles
YoY Change
Long-Term Investments $1.086B $1.000B $780.0M
YoY Change 49.59% 13.9% -8.45%
Other Assets $2.563B $2.418B $2.079B
YoY Change 38.13% 33.1% 9.44%
Total Long-Term Assets $28.48B $27.77B $26.89B
YoY Change 8.79% -1.47% -4.3%
TOTAL ASSETS
Total Short-Term Assets $5.327B $4.790B $5.893B
Total Long-Term Assets $28.48B $27.77B $26.89B
Total Assets $33.80B $32.56B $32.79B
YoY Change 8.96% 0.22% -1.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $924.8M $685.2M $536.0M
YoY Change 22.33% -19.6% -6.72%
Accrued Expenses $1.700B $1.694B $1.457B
YoY Change 1.61% -26.03% -22.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $215.8M $209.9M
YoY Change -100.0%
Total Short-Term Liabilities $2.891B $3.740B $2.743B
YoY Change -16.66% -16.45% 2.85%
LONG-TERM LIABILITIES
Long-Term Debt $29.54B $28.40B $28.15B
YoY Change 14.13% 9.21% 8.23%
Other Long-Term Liabilities $1.154B $2.292B $2.230B
YoY Change 9.56% 1.95% 0.99%
Total Long-Term Liabilities $30.69B $30.69B $30.38B
YoY Change 13.96% 8.63% 7.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.891B $3.740B $2.743B
Total Long-Term Liabilities $30.69B $30.69B $30.38B
Total Liabilities $33.58B $34.44B $33.12B
YoY Change 10.46% 5.2% 7.25%
SHAREHOLDERS EQUITY
Retained Earnings $48.33B $47.63B $47.30B
YoY Change 4.55% 5.78% 4.48%
Common Stock $16.60M $16.60M $16.60M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $56.50B $55.88B $53.75B
YoY Change 8.44% 10.09% 11.72%
Treasury Stock Shares 866.5M shares 863.4M shares 850.6M shares
Shareholders Equity -$3.268B -$3.478B -$2.001B
YoY Change
Total Liabilities & Shareholders Equity $33.80B $32.56B $32.79B
YoY Change 8.96% 0.22% -1.09%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $698.7M $1.884B $1.395B
YoY Change -41.45% 47.69% 27.65%
Depreciation, Depletion And Amortization $342.8M $355.8M $339.5M
YoY Change -9.53% -3.99% -11.43%
Cash From Operating Activities $1.109B $1.685B $1.213B
YoY Change 36.13% -25.17% -2.8%
INVESTING ACTIVITIES
Capital Expenditures -$640.4M $416.9M $368.7M
YoY Change -4.63% 2.86% 4.6%
Acquisitions
YoY Change
Other Investing Activities $36.40M $45.70M $96.00M
YoY Change -92.73% -8.05% 359.33%
Cash From Investing Activities -$604.0M $1.175B -$146.8M
YoY Change 253.42% -434.58% -27.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.082B $1.108B
YoY Change 5.68% -67.23%
Debt Paid & Issued, Net $3.600M $1.400M
YoY Change -36.84% -99.77%
Cash From Financing Activities -747.1M -$2.810B -$1.167B
YoY Change -45.51% 1.24% 2.61%
NET CHANGE
Cash From Operating Activities 1.109B $1.685B $1.213B
Cash From Investing Activities -604.0M $1.175B -$146.8M
Cash From Financing Activities -747.1M -$2.810B -$1.167B
Net Change In Cash -241.8M $49.20M -$99.90M
YoY Change -66.75% -105.62% 8.47%
FREE CASH FLOW
Cash From Operating Activities $1.109B $1.685B $1.213B
Capital Expenditures -$640.4M $416.9M $368.7M
Free Cash Flow $1.750B $1.268B $844.7M
YoY Change 17.71% -31.33% -5.71%

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275400000 USD
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169700000 USD
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CY2017 mcd Proceedsfromsaleofbusinessesin Chinaand Hong Kong
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1597000000.0 USD
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0 USD
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166800000 USD
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82900000 USD
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109500000 USD
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1759600000 USD
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1649400000 USD
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3255900000 USD
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3089200000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
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3058200000 USD
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403200000 USD
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456800000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
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299400000 USD
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-20000000.0 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
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-20500000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
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CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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-5310800000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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264000000.0 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
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1066400000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
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0 USD
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7685500000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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866000000.0 USD
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2463800000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2017 us-gaap Income Taxes Paid
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2786300000 USD
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2387500000 USD
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CY2016 us-gaap Comprehensive Income Net Of Tax
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4473400000 USD
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914500000 USD
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5924300000 USD
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CY2018 us-gaap Comprehensive Income Net Of Tax
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5493200000 USD
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3255900000 USD
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5247500000 USD
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125100000 USD
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CY2018 us-gaap Nature Of Operations
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NATURE OF BUSINESS<div style="line-height:120%;padding-top:2px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">The Company franchises and operates McDonald’s restaurants in the global restaurant industry. All restaurants are operated either by the Company or by franchisees, including conventional franchisees under franchised arrangements, and developmental licensees and foreign affiliates under license agreements.</span></div><div style="line-height:120%;text-indent:24px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">The following table presents restaurant information by ownership type:</span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9"/></tr><tr><td style="width:71%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:8%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:8pt;"><span style="font-family:Arial;font-size:8pt;font-style:italic;">Restaurants at December 31,</span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-style:italic;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-style:italic;">2017</span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-style:italic;">2016</span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">Conventional franchised</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px dotted #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;"><span>21,685</span></span></div></td><td style="vertical-align:bottom;border-top:1px dotted #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px dotted #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px dotted #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>21,366</span></span></div></td><td style="vertical-align:bottom;border-top:1px dotted #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px dotted #000000;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px dotted #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>21,559</span></span></div></td><td style="vertical-align:bottom;border-top:1px dotted #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">Developmental licensed</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;"><span>7,225</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>6,945</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>6,300</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">Foreign affiliated</span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;"><span>6,175</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>5,797</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>3,371</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">Franchised</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;"><span>35,085</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>34,108</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>31,230</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">Company-operated</span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;"><span>2,770</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>3,133</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>5,669</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px dotted #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;">Systemwide restaurants</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;font-weight:bold;"><span>37,855</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>37,241</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>36,899</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div>The results of operations of restaurant businesses purchased and sold in transactions with franchisees were not material either individually or in the aggregate to the consolidated financial statements for periods prior to purchase and sale.
CY2018Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
37855 Restaurant
CY2017Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
37241 Restaurant
CY2016Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
36899 Restaurant
CY2018 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
10012700000 USD
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
12718900000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
15295000000.0 USD
CY2018 us-gaap Franchise Revenue
FranchiseRevenue
11012500000 USD
CY2017 us-gaap Franchise Revenue
FranchiseRevenue
10101500000 USD
CY2016 us-gaap Franchise Revenue
FranchiseRevenue
9326900000 USD
CY2018 us-gaap Revenues
Revenues
21025200000 USD
CY2017 us-gaap Revenues
Revenues
22820400000 USD
CY2016 us-gaap Revenues
Revenues
24621900000 USD
CY2018 mcd Company Operated Restaurant Advertising Expense
CompanyOperatedRestaurantAdvertisingExpense
388800000 USD
CY2017 mcd Company Operated Restaurant Advertising Expense
CompanyOperatedRestaurantAdvertisingExpense
532900000 USD
CY2016 mcd Company Operated Restaurant Advertising Expense
CompanyOperatedRestaurantAdvertisingExpense
645800000 USD
CY2018 mcd Other Marketing Related Expenses
OtherMarketingRelatedExpenses
88000000.0 USD
CY2017 mcd Other Marketing Related Expenses
OtherMarketingRelatedExpenses
100200000 USD
CY2016 mcd Other Marketing Related Expenses
OtherMarketingRelatedExpenses
88800000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
125100000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
117500000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
131300000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
108100000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
82000000.0 USD
CY2016 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
89600000 USD
CY2018 mcd Effect Of Share Based Compensation On Net Income Per Share
EffectOfShareBasedCompensationOnNetIncomePerShare
0.14
CY2017 mcd Effect Of Share Based Compensation On Net Income Per Share
EffectOfShareBasedCompensationOnNetIncomePerShare
0.10
CY2016 mcd Effect Of Share Based Compensation On Net Income Per Share
EffectOfShareBasedCompensationOnNetIncomePerShare
0.11
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
114300000 USD
CY2018 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y1M6D
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.026
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.031
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.030
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.187
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.184
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.192
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.027
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.022
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.012
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M18D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y10M24D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y10M24D
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
23.80
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.10
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13.65
CY2018 mcd Long Lived Assets Impairment Test Period
LongLivedAssetsImpairmentTestPeriod
P12M
CY2018 mcd Goodiwill Written Off Related To Sale Of Company Restaurant Months From Acquisition
GoodiwillWrittenOffRelatedToSaleOfCompanyRestaurantMonthsFromAcquisition
P24M
CY2018 mcd Fair Value Goodwill Written Off Related To Sale Of Restaurant Minimum Months Company Operated
FairValueGoodwillWrittenOffRelatedToSaleOfRestaurantMinimumMonthsCompanyOperated
P24M
CY2017Q4 us-gaap Goodwill
Goodwill
2379700000 USD
CY2018 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
21100000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
-1100000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-68200000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
2331500000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
15600000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
14500000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
31100000000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
206300000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
167900000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
-16600000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
-45400000 USD
CY2018 dei Document Period End Date
DocumentPeriodEndDate
2018-12-31
CY2018 dei Document Period End Date
DocumentPeriodEndDate
2018-12-31
CY2018 dei Document Period End Date
DocumentPeriodEndDate
2018-12-31
CY2018 dei Document Period End Date
DocumentPeriodEndDate
2018-12-31
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
32400000 USD
CY2018 dei Document Period End Date
DocumentPeriodEndDate
2018-12-31
CY2018 dei Document Period End Date
DocumentPeriodEndDate
2018-12-31
CY2018 dei Document Period End Date
DocumentPeriodEndDate
2018-12-31
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
7300000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8100000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6800000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
500000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1200000 shares
CY2018Q4 us-gaap Land
Land
5521400000 USD
CY2017Q4 us-gaap Land
Land
5662200000 USD
CY2018Q4 mcd Buildings And Improvements On Owned Land Gross
BuildingsAndImprovementsOnOwnedLandGross
15377400000 USD
CY2017Q4 mcd Buildings And Improvements On Owned Land Gross
BuildingsAndImprovementsOnOwnedLandGross
14776900000 USD
CY2018Q4 mcd Buildings And Improvements On Leased Land Gross
BuildingsAndImprovementsOnLeasedLandGross
12863600000 USD
CY2017Q4 mcd Buildings And Improvements On Leased Land Gross
BuildingsAndImprovementsOnLeasedLandGross
12509200000 USD
CY2018Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
2942600000 USD
CY2017Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
3165700000 USD
CY2018Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
488600000 USD
CY2017Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
512400000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
37193600000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
36626400000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14350900000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14178100000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22842700000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22448300000 USD
CY2018 us-gaap Depreciation
Depreciation
1302900000 USD
CY2017 us-gaap Depreciation
Depreciation
1227500000 USD
CY2016 us-gaap Depreciation
Depreciation
1390700000 USD
CY2018 mcd Gain On Sale Of Restaurant Businesses
GainOnSaleOfRestaurantBusinesses
304100000 USD
CY2017 mcd Gain On Sale Of Restaurant Businesses
GainOnSaleOfRestaurantBusinesses
295400000 USD
CY2016 mcd Gain On Sale Of Restaurant Businesses
GainOnSaleOfRestaurantBusinesses
283400000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
151500000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
183700000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
54800000 USD
CY2018 mcd Asset Disposition And Other Expense
AssetDispositionAndOtherExpense
-12900000 USD
CY2017 mcd Asset Disposition And Other Expense
AssetDispositionAndOtherExpense
18700000 USD
CY2016 mcd Asset Disposition And Other Expense
AssetDispositionAndOtherExpense
72300000 USD
CY2018 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
231700000 USD
CY2017 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
-702800000 USD
CY2016 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
341600000 USD
CY2018 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
236800000 USD
CY2017 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1163200000 USD
CY2016 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-75700000 USD
CY2018 mcd Franchise Agreement Period
FranchiseAgreementPeriod
P20Y
CY2018 mcd Rental Income
RentalIncome
7082200000 USD
CY2017 mcd Rental Income
RentalIncome
6496300000 USD
CY2016 mcd Rental Income
RentalIncome
6107600000 USD
CY2018 us-gaap Royalty Revenue
RoyaltyRevenue
3886300000 USD
CY2017 us-gaap Royalty Revenue
RoyaltyRevenue
3518700000 USD
CY2016 us-gaap Royalty Revenue
RoyaltyRevenue
3129900000 USD
CY2018 us-gaap Initial Franchise Fees
InitialFranchiseFees
44000000.0 USD
CY2017 us-gaap Initial Franchise Fees
InitialFranchiseFees
86500000 USD
CY2016 us-gaap Initial Franchise Fees
InitialFranchiseFees
89400000 USD
CY2018 us-gaap Franchise Revenue
FranchiseRevenue
11012500000 USD
CY2017 us-gaap Franchise Revenue
FranchiseRevenue
10101500000 USD
CY2016 us-gaap Franchise Revenue
FranchiseRevenue
9326900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
2961700000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
2855600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
2734300000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
2597800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
2481400000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
20796500000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
34427300000 USD
CY2018 mcd Lease Term
LeaseTerm
P20Y
CY2018 mcd Rent Expense
RentExpense
1521800000 USD
CY2017 mcd Rent Expense
RentExpense
1644500000 USD
CY2016 mcd Rent Expense
RentExpense
1814200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1144700000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1083100000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1001200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
909500000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
830600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
7297200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
12266300000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2218000000.0 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2242000000.0 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2059400000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5598100000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
6331500000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
4806600000 USD
CY2018 mcd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
7816100000 USD
CY2017 mcd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
8573500000 USD
CY2016 mcd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
6866000000.0 USD
CY2018 mcd Adjustmentsto Provisional Amounts Recordedat December312017 Tax Cutsand Jobs Actof2017
AdjustmentstoProvisionalAmountsRecordedatDecember312017TaxCutsandJobsActof2017
75000000 USD
CY2017Q4 mcd Tax Cutsand Jobs Actof2017 Transition Taxfor Accumulated Foreign Earnings Liability Noncurrent
TaxCutsandJobsActof2017TransitionTaxforAccumulatedForeignEarningsLiabilityNoncurrent
1200000000 USD
CY2018 mcd Adjustmentsto Provisional Amounts Recordedat December312017 Tax Cutsand Jobs Actof2017
AdjustmentstoProvisionalAmountsRecordedatDecember312017TaxCutsandJobsActof2017
75000000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
500000000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
292900000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2030800000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1046600000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
183900000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
169800000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
121300000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1312400000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1217000000.0 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1550200000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1789200000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3417600000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2718100000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
145700000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-120100000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-122100000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
18700000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
12800000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
14100000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-61800000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
70900000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-430600000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
102600000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-36400000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-538600000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1891800000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3381200000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2179500000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1288900000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1211500000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
312300000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
296200000 USD
CY2018Q4 mcd Deferred Tax Liabilities Other Liabilities
DeferredTaxLiabilitiesOtherLiabilities
347900000 USD
CY2017Q4 mcd Deferred Tax Liabilities Other Liabilities
DeferredTaxLiabilitiesOtherLiabilities
242000000.0 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1949100000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1749700000 USD
CY2018Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
658900000 USD
CY2017Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
633800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
213300000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
253100000 USD
CY2018Q4 mcd Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
1081500000 USD
CY2017Q4 mcd Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
228800000 USD
CY2018Q4 mcd Deferred Tax Assets Deferred Foreign Tax Credits
DeferredTaxAssetsDeferredForeignTaxCredits
216600000 USD
CY2017Q4 mcd Deferred Tax Assets Deferred Foreign Tax Credits
DeferredTaxAssetsDeferredForeignTaxCredits
208600000 USD
CY2018Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
138900000 USD
CY2017Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
0 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
45700000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
71100000 USD
CY2018Q4 mcd Deferred Tax Assets Other Assets
DeferredTaxAssetsOtherAssets
269200000 USD
CY2017Q4 mcd Deferred Tax Assets Other Assets
DeferredTaxAssetsOtherAssets
266000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2624100000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1661400000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
671100000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
163200000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
-3900000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
251500000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1215500000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1119400000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
-3900000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
251500000 USD
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
216700000 USD
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.012
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.015
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.015
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.046
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.065
CY2018 mcd Effective Income Tax Rate Reconciliation Tax Cutsand Jobs Actof2017 Transition Taxon Accumulated Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationTaxCutsandJobsActof2017TransitionTaxonAccumulatedForeignEarningsPercent
0.010
CY2017 mcd Effective Income Tax Rate Reconciliation Tax Cutsand Jobs Actof2017 Transition Taxon Accumulated Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationTaxCutsandJobsActof2017TransitionTaxonAccumulatedForeignEarningsPercent
0.137
CY2016 mcd Effective Income Tax Rate Reconciliation Tax Cutsand Jobs Actof2017 Transition Taxon Accumulated Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationTaxCutsandJobsActof2017TransitionTaxonAccumulatedForeignEarningsPercent
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.060
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.011
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.017
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.242
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.394
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.317
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1342800000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1180400000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
940000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1180400000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
924100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
64100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
13700000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
180800000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
143900000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
75100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
140200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
24100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
6500000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5300000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
7600000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1342800000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1180400000 USD
CY2018Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
900000000 USD
CY2018Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
152000000.0 USD
CY2017Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
155300000 USD
CY2018Q2 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
13900000 USD
CY2017 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
34900000 USD
CY2016 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
41700000 USD
CY2018 us-gaap Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
The Company also maintains certain nonqualified supplemental benefit plans that allow participants to (i) make tax-deferred contributions and (ii) receive Company-provided allocations that cannot be made under the 401k Plan because of IRS limitations. The investment alternatives and returns are based on certain market-rate investment alternatives under the 401k Plan.
CY2018Q4 mcd Supplemental Benefit Plan Liability
SupplementalBenefitPlanLiability
437400000 USD
CY2017Q4 mcd Supplemental Benefit Plan Liability
SupplementalBenefitPlanLiability
484300000 USD
CY2018 us-gaap Objectives For Using Derivative Instruments
ObjectivesForUsingDerivativeInstruments
The Company has entered into derivative contracts to hedge market-driven changes in certain of the liabilities.
CY2018Q4 mcd Derivative Contract Indexed To Issuers Equity Fair Value
DerivativeContractIndexedToIssuersEquityFairValue
167100000 USD
CY2018Q4 mcd Derivative Contract Indexed To Market Indices Fair Value
DerivativeContractIndexedToMarketIndicesFairValue
169200000 USD
CY2018 us-gaap General Discussion Of Derivative Instruments And Hedging Activities
GeneralDiscussionOfDerivativeInstrumentsAndHedgingActivities
Changes in liabilities for these nonqualified plans and in the fair value of the derivatives are recorded primarily in Selling, general & administrative expenses. Changes in fair value of the derivatives indexed to the Company’s stock are recorded in the income statement because the contracts provide the counterparty with a choice to settle in cash or shares.
CY2018 us-gaap Revenues
Revenues
21025200000 USD
CY2017 us-gaap Revenues
Revenues
22820400000 USD
CY2016 us-gaap Revenues
Revenues
24621900000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
8822600000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
9552700000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
7744500000 USD
CY2018Q4 us-gaap Assets
Assets
32811200000 USD
CY2017Q4 us-gaap Assets
Assets
33803700000 USD
CY2016Q4 us-gaap Assets
Assets
31023900000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2741700000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1853700000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1821100000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1482000000.0 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1363400000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1516500000 USD
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
27511700000 USD
CY2017Q4 us-gaap Noncurrent Assets
NoncurrentAssets
27164200000 USD
CY2016Q4 us-gaap Noncurrent Assets
NoncurrentAssets
25200400000 USD
CY2018Q4 mcd Line Of Credit Weighted Average Interest Rate
LineOfCreditWeightedAverageInterestRate
0.026
CY2017Q4 mcd Line Of Credit Weighted Average Interest Rate
LineOfCreditWeightedAverageInterestRate
0.025
CY2018Q4 us-gaap Deferred Finance Costs Ownshare Lending Arrangement Issuance Costs Net
DeferredFinanceCostsOwnshareLendingArrangementIssuanceCostsNet
-129000000.0 USD
CY2017Q4 us-gaap Deferred Finance Costs Ownshare Lending Arrangement Issuance Costs Net
DeferredFinanceCostsOwnshareLendingArrangementIssuanceCostsNet
-120500000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
31075300000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
29536400000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0.0 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2418000000.0 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2159000000.0 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
2269100000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
4958500000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
19411700000 USD
CY2018Q4 mcd Short Term Obligations Reclassification To Long Term Obligations
ShortTermObligationsReclassificationToLongTermObligations
2400000000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Description
ShareBasedCompensationArrangementByShareBasedPaymentAwardDescription
The Company maintains a share-based compensation plan which authorizes the granting of various equity-based incentives including stock options and restricted stock units ("RSUs") to employees and nonemployee directors.
CY2018Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
46500000 shares
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
403200000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
18900000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
101.55
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
21500000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
92.25
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
21900000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
84.76
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
2700000 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
157.95
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
4000000.0 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
128.74
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
4300000 shares
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
117.10
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4500000 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
89.31
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5600000 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
81.77
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4000000.0 shares
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
75.30
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
500000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
137.08
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1000000.0 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
118.38
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
700000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
106.50
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
16600000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
113.06
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y2M12D
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1073400000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
101.55
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
21500000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
92.25
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
10000000.0 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
98.65
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y10M24D
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
792000000.0 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
13400000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1600000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
107.34
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1900000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
94.13
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2400000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
83.50
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
600000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
158.28
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
600000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
123.98
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
700000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
109.86
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2144200000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2417700000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3079400000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2262300000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
600000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
91.20
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
700000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
87.18
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
800000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
79.54
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
100000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
132.14
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
200000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
117.24
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
400000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
88.45
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1500000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
132.56
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1600000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
107.34
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1900000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
94.13
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
117900000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
87600000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
99300000 USD
CY2018Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2371200000 USD
CY2017Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2673100000 USD
CY2018Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2511000000.0 USD
CY2017Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3064300000 USD
CY2018Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2594900000 USD
CY2017Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3569600000 USD
CY2018Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2535600000 USD
CY2017Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
3411900000 USD
CY2018Q4 us-gaap Franchise Revenue
FranchiseRevenue
2791800000 USD
CY2017Q4 us-gaap Franchise Revenue
FranchiseRevenue
2667100000 USD
CY2018Q3 us-gaap Franchise Revenue
FranchiseRevenue
2858400000 USD
CY2017Q3 us-gaap Franchise Revenue
FranchiseRevenue
2690300000 USD
CY2018Q2 us-gaap Franchise Revenue
FranchiseRevenue
2759000000.0 USD
CY2017Q2 us-gaap Franchise Revenue
FranchiseRevenue
2480100000 USD
CY2018Q1 us-gaap Franchise Revenue
FranchiseRevenue
2603300000 USD
CY2017Q1 us-gaap Franchise Revenue
FranchiseRevenue
2264000000.0 USD
CY2018Q4 us-gaap Revenues
Revenues
5163000000.0 USD
CY2017Q4 us-gaap Revenues
Revenues
5340200000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2295100000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2143100000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
1395100000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
1375400000 USD
CY2018Q3 us-gaap Revenues
Revenues
5369400000 USD
CY2017Q3 us-gaap Revenues
Revenues
5754600000 USD
CY2018Q2 us-gaap Revenues
Revenues
5353900000 USD
CY2017Q2 us-gaap Revenues
Revenues
6049700000 USD
CY2018Q1 us-gaap Revenues
Revenues
5138900000 USD
CY2017Q1 us-gaap Revenues
Revenues
5675900000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1999500000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2034000000.0 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
1415300000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
698700000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
1637300000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
1883700000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
1496300000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
1214800000 USD
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.84
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.12
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.34
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.92
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.72
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.74
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.48
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.82
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.10
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.32
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.90
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.70
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.47
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.17
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.95
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.01
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.94
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.01
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.94
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
769500000 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
794300000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
772800000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
805300000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
780000000.0 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
811600000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
790900000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
818800000 shares
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
776600000 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
803000000.0 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
779600000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
813500000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
787100000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
819200000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
798700000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
825200000 shares
CY2018Q3 mcd Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
1.01
CY2017Q3 mcd Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
0.94
CY2018Q3 mcd Common Stock Dividends Per Share Declared Not Paid In Same Period
CommonStockDividendsPerShareDeclaredNotPaidInSamePeriod
1.16
CY2017Q3 mcd Common Stock Dividends Per Share Declared Not Paid In Same Period
CommonStockDividendsPerShareDeclaredNotPaidInSamePeriod
1.01

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