2019 Q4 Form 10-K Financial Statement

#000006390820000022 Filed on February 26, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $5.349B $21.36B $5.163B
YoY Change 3.6% 0.5% -3.32%
Cost Of Revenue $2.561B $10.19B $2.652B
YoY Change -3.46% -2.3% -0.83%
Gross Profit $2.868B $11.18B $2.743B
YoY Change 4.53% 3.19% 2.92%
Gross Profit Margin 53.61% 52.33% 53.13%
Selling, General & Admin $584.7M $2.229B $609.8M
YoY Change -4.12% 1.33% -1.26%
% of Gross Profit 20.39% 19.94% 22.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $413.6M $262.5M $379.0M
YoY Change 9.13% 22.21% 10.56%
% of Gross Profit 14.42% 2.35% 13.82%
Operating Expenses $653.6M $2.229B $609.8M
YoY Change 7.18% 1.33% -1.26%
Operating Profit $2.293B $9.070B $2.000B
YoY Change 14.66% 2.8% -6.75%
Interest Expense -$224.3M $1.122B -$207.9M
YoY Change 7.89% 14.34% 24.64%
% of Operating Profit -9.78% 12.37% -10.4%
Other Income/Expense, Net $300.0K $70.20M -$4.900M
YoY Change -106.12% -377.47% -49.48%
Pretax Income $2.027B $2.159B $1.751B
YoY Change 15.72% -2.66% -7.09%
Income Tax $417.6M $1.993B $360.1M
% Of Pretax Income 20.6% 92.29% 20.56%
Net Earnings $1.572B $6.025B $1.415B
YoY Change 11.09% 1.71% 102.56%
Net Earnings / Revenue 29.39% 28.2% 27.41%
Basic Earnings Per Share $2.10 $7.95 $1.84
Diluted Earnings Per Share $2.08 $7.88 $1.82
COMMON SHARES
Basic Shares Outstanding 749.2M shares 758.1M shares 769.5M shares
Diluted Shares Outstanding 755.6M shares 764.9M shares 776.6M shares

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $913.0M $913.0M $866.0M
YoY Change 5.43% -12.04% -64.85%
Cash & Equivalents $898.5M $899.0M $866.0M
Short-Term Investments $14.00M $14.00M
Other Short-Term Assets $371.0M $371.0M $695.0M
YoY Change -46.62% -29.06% -16.06%
Inventory $50.20M $50.00M $51.10M
Prepaid Expenses
Receivables $2.224B $2.224B $2.442B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.558B $3.558B $4.053B
YoY Change -12.22% -12.21% -23.92%
LONG-TERM ASSETS
Property, Plant & Equipment $24.16B $37.42B $22.84B
YoY Change 5.77% 63.82% 1.76%
Goodwill $2.677B $2.332B
YoY Change 14.84% -2.03%
Intangibles
YoY Change
Long-Term Investments $1.270B $1.270B $1.203B
YoY Change 5.57% 5.57% 10.77%
Other Assets $2.584B $2.584B $2.381B
YoY Change 8.53% 8.53% -7.09%
Total Long-Term Assets $43.95B $43.95B $28.76B
YoY Change 52.84% 52.84% 0.99%
TOTAL ASSETS
Total Short-Term Assets $3.558B $3.558B $4.053B
Total Long-Term Assets $43.95B $43.95B $28.76B
Total Assets $47.51B $47.51B $32.81B
YoY Change 44.8% 44.8% -2.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $988.2M $988.0M $1.208B
YoY Change -18.19% -18.21% 30.61%
Accrued Expenses $2.232B $2.232B $1.534B
YoY Change 45.5% 45.5% -9.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $59.10M $59.00M $0.00
YoY Change
Total Short-Term Liabilities $3.621B $3.621B $2.974B
YoY Change 21.78% 21.76% 2.87%
LONG-TERM LIABILITIES
Long-Term Debt $34.12B $34.12B $31.08B
YoY Change 9.79% 9.79% 5.21%
Other Long-Term Liabilities $979.6M $16.66B $1.096B
YoY Change -10.64% 337.95% -5.03%
Total Long-Term Liabilities $35.10B $50.78B $32.17B
YoY Change 9.1% 45.59% 4.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.621B $3.621B $2.974B
Total Long-Term Liabilities $35.10B $50.78B $32.17B
Total Liabilities $38.72B $55.72B $35.15B
YoY Change 10.17% 42.62% 4.66%
SHAREHOLDERS EQUITY
Retained Earnings $52.93B $50.49B
YoY Change 4.84% 4.47%
Common Stock $16.60M $16.60M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $66.33B $61.53B
YoY Change 7.8% 8.89%
Treasury Stock Shares 914.3M shares 893.5M shares
Shareholders Equity -$8.210B -$8.210B -$6.258B
YoY Change
Total Liabilities & Shareholders Equity $47.51B $47.51B $32.81B
YoY Change 44.8% 44.8% -2.94%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income $1.572B $6.025B $1.415B
YoY Change 11.09% 1.71% 102.56%
Depreciation, Depletion And Amortization $413.6M $262.5M $379.0M
YoY Change 9.13% 22.21% 10.56%
Cash From Operating Activities $1.889B $8.122B $1.512B
YoY Change 24.99% 16.58% 36.27%
INVESTING ACTIVITIES
Capital Expenditures -$731.9M $2.394B -$873.8M
YoY Change -16.24% -12.69% 36.45%
Acquisitions
YoY Change
Other Investing Activities -$75.10M $628.5M -$10.10M
YoY Change 643.56% 107.49% -127.75%
Cash From Investing Activities -$807.0M -$3.071B -$883.9M
YoY Change -8.7% 25.09% 46.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.976B
YoY Change -4.45%
Debt Paid & Issued, Net $2.062B
YoY Change 17.18%
Cash From Financing Activities -1.442B -$4.995B -2.311B
YoY Change -37.62% -16.05% 209.36%
NET CHANGE
Cash From Operating Activities 1.889B $8.122B 1.512B
Cash From Investing Activities -807.0M -$3.071B -883.9M
Cash From Financing Activities -1.442B -$4.995B -2.311B
Net Change In Cash -359.5M $32.50M -1.684B
YoY Change -78.65% -102.03% 596.24%
FREE CASH FLOW
Cash From Operating Activities $1.889B $8.122B $1.512B
Capital Expenditures -$731.9M $2.394B -$873.8M
Free Cash Flow $2.621B $5.728B $2.385B
YoY Change 9.89% 35.58% 36.33%

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<div style="line-height:120%;padding-bottom:5px;padding-top:10px;font-size:8pt;"><span style="font-family:Arial;font-size:8pt;color:#0075c0;font-weight:bold;">NATURE OF BUSINESS</span></div><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 or affiliates under license agreements.</span></div><div style="line-height:120%;padding-top:2px;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;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;">2019</span></div></td><td style="vertical-align:bottom;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;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;">2018</span></div></td><td style="vertical-align:bottom;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></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;color:#0075c0;font-weight:bold;"><span>21,837</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>21,685</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></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;color:#0075c0;font-weight:bold;"><span>7,648</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>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></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;color:#0075c0;font-weight:bold;"><span>6,574</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>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></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;">    Total 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;color:#0075c0;font-weight:bold;"><span>36,059</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>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></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;color:#0075c0;font-weight:bold;"><span>2,636</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>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></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;">        Total 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;color:#0075c0;font-weight:bold;"><span>38,695</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;border-top:1px dotted #000000;"><div style="text-align:right;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;"><span>37,855</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;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;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></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:8px;text-indent:24px;font-size:9pt;"><span style="font-family:Arial;font-size:9pt;">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.</span></div>
CY2019Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
38695 Restaurant
CY2018Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
37855 Restaurant
CY2017Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
37241 Restaurant
CY2019Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
665400000 USD
CY2018Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
609700000 USD
CY2017Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
535600000 USD
CY2019 mcd Long Lived Assets Impairment Test Period
LongLivedAssetsImpairmentTestPeriod
P12M
CY2019 mcd Goodiwill Written Off Related To Sale Of Company Restaurant Months From Acquisition
GoodiwillWrittenOffRelatedToSaleOfCompanyRestaurantMonthsFromAcquisition
P24M
CY2019 mcd Fair Value Goodwill Written Off Related To Sale Of Restaurant Minimum Months Company Operated
FairValueGoodwillWrittenOffRelatedToSaleOfRestaurantMinimumMonthsCompanyOperated
P24M
CY2018Q4 us-gaap Goodwill
Goodwill
2331500000 USD
CY2019Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
348800000 USD
CY2019 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
95600000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
-99400000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
900000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
2677400000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
113900000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
15600000 USD
CY2019 mcd Company Operated Restaurant Advertising Expense
CompanyOperatedRestaurantAdvertisingExpense
365800000 USD
CY2018 mcd Company Operated Restaurant Advertising Expense
CompanyOperatedRestaurantAdvertisingExpense
388800000 USD
CY2017 mcd Company Operated Restaurant Advertising Expense
CompanyOperatedRestaurantAdvertisingExpense
532900000 USD
CY2019 mcd Other Marketing Related Expenses
OtherMarketingRelatedExpenses
81500000 USD
CY2018 mcd Other Marketing Related Expenses
OtherMarketingRelatedExpenses
88000000.0 USD
CY2017 mcd Other Marketing Related Expenses
OtherMarketingRelatedExpenses
100200000 USD
CY2019Q4 mcd Derivative Contract Indexed To Issuers Equity Fair Value
DerivativeContractIndexedToIssuersEquityFairValue
179100000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
224700000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
206300000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
-11300000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
-16600000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
12000000.0 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
109600000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
125100000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
117500000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
94200000 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
CY2019 mcd Effect Of Share Based Compensation On Net Income Per Share
EffectOfShareBasedCompensationOnNetIncomePerShare
0.12
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
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
107500000 USD
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y1M6D
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.027
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
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.189
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
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.025
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
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M18D
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
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
25.60
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
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6800000 shares
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
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 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
CY2019 us-gaap Revenues
Revenues
21076500000 USD
CY2018 us-gaap Revenues
Revenues
21025200000 USD
CY2017 us-gaap Revenues
Revenues
22820400000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
9069800000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
8822600000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
9552700000 USD
CY2019Q4 us-gaap Assets
Assets
47510800000 USD
CY2018Q4 us-gaap Assets
Assets
32811200000 USD
CY2017Q4 us-gaap Assets
Assets
33803700000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2393700000 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
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1617900000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1482000000.0 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1363400000 USD
CY2019Q4 us-gaap Noncurrent Assets
NoncurrentAssets
38291500000 USD
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
23671100000 USD
CY2019Q4 us-gaap Land
Land
6026400000 USD
CY2018Q4 us-gaap Land
Land
5521400000 USD
CY2019Q4 mcd Buildings And Improvements On Owned Land Gross
BuildingsAndImprovementsOnOwnedLandGross
17003700000 USD
CY2018Q4 mcd Buildings And Improvements On Owned Land Gross
BuildingsAndImprovementsOnOwnedLandGross
15377400000 USD
CY2019Q4 mcd Buildings And Improvements On Leased Land Gross
BuildingsAndImprovementsOnLeasedLandGross
12605900000 USD
CY2018Q4 mcd Buildings And Improvements On Leased Land Gross
BuildingsAndImprovementsOnLeasedLandGross
12863600000 USD
CY2019Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
2994500000 USD
CY2018Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
2942600000 USD
CY2019Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
420400000 USD
CY2018Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
488600000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
39050900000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
37193600000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14890900000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14350900000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24160000000.0 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22842700000 USD
CY2019 us-gaap Depreciation
Depreciation
1392200000 USD
CY2018 us-gaap Depreciation
Depreciation
1302900000 USD
CY2017 us-gaap Depreciation
Depreciation
1227500000 USD
CY2019 mcd Franchise Agreement Period
FranchiseAgreementPeriod
P20Y
CY2019 mcd Rental Income
RentalIncome
7500200000 USD
CY2018 mcd Rental Income
RentalIncome
7082200000 USD
CY2017 mcd Rental Income
RentalIncome
6496300000 USD
CY2019 us-gaap Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
4107100000 USD
CY2018 us-gaap Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
3886300000 USD
CY2017 us-gaap Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
3518700000 USD
CY2019 mcd Initial Fees
InitialFees
48400000 USD
CY2018 mcd Initial Fees
InitialFees
44000000.0 USD
CY2017 mcd Initial Fees
InitialFees
86500000 USD
CY2019 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
11655700000 USD
CY2018 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
11012500000 USD
CY2017 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
10101500000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
3008300000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
2883900000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
2749800000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
2631200000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
2541100000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
20509700000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
34324000000.0 USD
CY2019 mcd Lease Term
LeaseTerm
P20Y
CY2019 mcd Rent Expense Restaurants
RentExpenseRestaurants
1530400000 USD
CY2018 mcd Rent Expense Restaurants
RentExpenseRestaurants
1433900000 USD
CY2017 mcd Rent Expense Restaurants
RentExpenseRestaurants
1562500000 USD
CY2019 mcd Rent Expense Other
RentExpenseOther
76400000 USD
CY2018 mcd Rent Expense Other
RentExpenseOther
87900000 USD
CY2017 mcd Rent Expense Other
RentExpenseOther
82000000.0 USD
CY2019 mcd Rent Expense
RentExpense
1606800000 USD
CY2018 mcd Rent Expense
RentExpense
1521800000 USD
CY2017 mcd Rent Expense
RentExpense
1644500000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1161900000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1132800000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1091400000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1052600000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1010300000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
13573600000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
19022600000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
-5643800000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13378800000 USD
CY2019 mcd Increaseinleaseliability
Increaseinleaseliability
900000000 USD
CY2019 mcd Weighted Average Lease Term
WeightedAverageLeaseTerm
P20Y
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
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
500000000 USD
CY2019 mcd Gain On Sale Of Restaurant Businesses
GainOnSaleOfRestaurantBusinesses
127500000 USD
CY2018 mcd Gain On Sale Of Restaurant Businesses
GainOnSaleOfRestaurantBusinesses
304100000 USD
CY2017 mcd Gain On Sale Of Restaurant Businesses
GainOnSaleOfRestaurantBusinesses
295400000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
153800000 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
CY2019 mcd Asset Disposition And Other Expense
AssetDispositionAndOtherExpense
23100000 USD
CY2018 mcd Asset Disposition And Other Expense
AssetDispositionAndOtherExpense
-12900000 USD
CY2017 mcd Asset Disposition And Other Expense
AssetDispositionAndOtherExpense
18700000 USD
CY2019 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
74300000 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
CY2019 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
183900000 USD
CY2018 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
236800000 USD
CY2017 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1163200000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2159100000 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
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5859000000.0 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
CY2019 mcd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
8018100000 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
CY2017Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Noncurrent
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityNoncurrent
1200000000 USD
CY2018 mcd Adjustmentsto Provisional Amounts Recordedat December312017 Tax Cutsand Jobs Actof2017
AdjustmentstoProvisionalAmountsRecordedatDecember312017TaxCutsandJobsActof2017
75000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1288900000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
521800000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
292900000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2030800000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
194700000 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
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1126500000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1312400000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1217000000.0 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1843000000.0 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1789200000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3417600000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
38500000 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
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
20000000.0 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
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
91200000 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
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
149700000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
102600000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-36400000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1992700000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1891800000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3381200000 USD
CY2019Q4 mcd Deferred Tax Liabilities Leaserightofuseasset
DeferredTaxLiabilitiesLeaserightofuseasset
3296800000 USD
CY2018Q4 mcd Deferred Tax Liabilities Leaserightofuseasset
DeferredTaxLiabilitiesLeaserightofuseasset
0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
1316400000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
334800000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
312300000 USD
CY2019Q4 mcd Deferred Tax Liabilities Other Liabilities
DeferredTaxLiabilitiesOtherLiabilities
511100000 USD
CY2018Q4 mcd Deferred Tax Liabilities Other Liabilities
DeferredTaxLiabilitiesOtherLiabilities
347900000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
5459100000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1949100000 USD
CY2019Q4 mcd Deferred Tax Assets Leaseliability
DeferredTaxAssetsLeaseliability
-3331100000 USD
CY2018Q4 mcd Deferred Tax Assets Leaseliability
DeferredTaxAssetsLeaseliability
0 USD
CY2019Q4 mcd Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
1051000000.0 USD
CY2018Q4 mcd Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
1081500000 USD
CY2019Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
585600000 USD
CY2018Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
658900000 USD
CY2019Q4 mcd Deferred Tax Assets Deferred Foreign Tax Credits
DeferredTaxAssetsDeferredForeignTaxCredits
311200000 USD
CY2018Q4 mcd Deferred Tax Assets Deferred Foreign Tax Credits
DeferredTaxAssetsDeferredForeignTaxCredits
216600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
192300000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
213300000 USD
CY2019Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
145500000 USD
CY2018Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
138900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
81500000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
45700000 USD
CY2019Q4 mcd Deferred Tax Assets Other Assets
DeferredTaxAssetsOtherAssets
323600000 USD
CY2018Q4 mcd Deferred Tax Assets Other Assets
DeferredTaxAssetsOtherAssets
269200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
6021800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
2624100000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
741900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
671100000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
179200000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
-3900000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1318100000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1215500000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
179200000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
-3900000 USD
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
360300000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
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
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
400000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
154.65
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
500000 shares
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
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
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018
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
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.016
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
CY2019 mcd Transition Tax
TransitionTax
0
CY2018 mcd Transition Tax
TransitionTax
0.010
CY2017 mcd Transition Tax
TransitionTax
0.137
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
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
CY2019 mcd Foreigntaxcreditredeterminationregulations
Foreigntaxcreditredeterminationregulations
-0.010
CY2018 mcd Foreigntaxcreditredeterminationregulations
Foreigntaxcreditredeterminationregulations
0
CY2017 mcd Foreigntaxcreditredeterminationregulations
Foreigntaxcreditredeterminationregulations
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.015
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
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.249
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.242
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.394
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1439100000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1342800000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
880000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1342800000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1180400000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
18300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
64100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
107100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
180800000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
88300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
75100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
68600000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
24100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
12200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5300000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1439100000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1342800000 USD
CY2019Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
980000000 USD
CY2019Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
174400000 USD
CY2018Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
152000000.0 USD
CY2019 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
39900000 USD
CY2018 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
CY2019 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.
CY2019Q4 mcd Supplemental Benefit Plan Liability
SupplementalBenefitPlanLiability
435000000.0 USD
CY2018Q4 mcd Supplemental Benefit Plan Liability
SupplementalBenefitPlanLiability
437400000 USD
CY2019 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.
CY2019Q4 mcd Derivative Contract Indexed To Issuers Equity Fair Value
DerivativeContractIndexedToIssuersEquityFairValue
179100000 USD
CY2019Q4 mcd Derivative Contract Indexed To Market Indices Fair Value
DerivativeContractIndexedToMarketIndicesFairValue
187700000 USD
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
CY2019 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.
CY2019Q4 mcd Line Of Credit Weighted Average Interest Rate
LineOfCreditWeightedAverageInterestRate
0.019
CY2018Q4 mcd Line Of Credit Weighted Average Interest Rate
LineOfCreditWeightedAverageInterestRate
0.026
CY2019Q4 us-gaap Deferred Finance Costs Ownshare Lending Arrangement Issuance Costs Net
DeferredFinanceCostsOwnshareLendingArrangementIssuanceCostsNet
-140400000 USD
CY2018Q4 us-gaap Deferred Finance Costs Ownshare Lending Arrangement Issuance Costs Net
DeferredFinanceCostsOwnshareLendingArrangementIssuanceCostsNet
-129000000.0 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
34177200000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
31075300000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
59100000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2132200000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2250100000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
6007000000.0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2819000000.0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
21038100000 USD
CY2019Q4 mcd Short Term Obligations Reclassification To Long Term Obligations
ShortTermObligationsReclassificationToLongTermObligations
3500000000 USD
CY2019 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 to employees and nonemployee directors.
CY2019Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
42500000 shares
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
350500000 USD
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CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
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97.70
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4500000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
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137.08
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
118.38
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14600000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
124.21
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y10M24D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
16600000 shares
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CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
101.55
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
107.51
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
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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
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CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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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
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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
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
600000 shares
CY2019 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
116.42
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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
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91.20
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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
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100000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
153.58
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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
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
200000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1400000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
150.95
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
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
111000000.0 USD
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
CY2019 mcd China Percentof Systemwide Sales
ChinaPercentofSystemwideSales
0.05
CY2019 mcd China Percentof Consolidated Revenues
ChinaPercentofConsolidatedRevenues
0.01
CY2019 mcd China Percentof Consolidated Operating Income
ChinaPercentofConsolidatedOperatingIncome
0.03
CY2019Q4 mcd Salesby Companyoperatedrestaurants
SalesbyCompanyoperatedrestaurants
2363300000 USD
CY2018Q4 mcd Salesby Companyoperatedrestaurants
SalesbyCompanyoperatedrestaurants
2371200000 USD
CY2019Q3 mcd Salesby Companyoperatedrestaurants
SalesbyCompanyoperatedrestaurants
2416600000 USD
CY2018Q3 mcd Salesby Companyoperatedrestaurants
SalesbyCompanyoperatedrestaurants
2511000000.0 USD
CY2019Q2 mcd Salesby Companyoperatedrestaurants
SalesbyCompanyoperatedrestaurants
2400400000 USD
CY2018Q2 mcd Salesby Companyoperatedrestaurants
SalesbyCompanyoperatedrestaurants
2594900000 USD
CY2019Q1 mcd Salesby Companyoperatedrestaurants
SalesbyCompanyoperatedrestaurants
2240500000 USD
CY2018Q1 mcd Salesby Companyoperatedrestaurants
SalesbyCompanyoperatedrestaurants
2535600000 USD
CY2019Q4 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
2985700000 USD
CY2018Q4 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
2791800000 USD
CY2019Q3 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
3014000000.0 USD
CY2018Q3 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
2858400000 USD
CY2019Q2 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
2940900000 USD
CY2018Q2 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
2759000000.0 USD
CY2019Q1 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
2715100000 USD
CY2018Q1 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
2603300000 USD
CY2019Q4 us-gaap Revenues
Revenues
5349000000.0 USD
CY2018Q4 us-gaap Revenues
Revenues
5163000000.0 USD
CY2019Q3 us-gaap Revenues
Revenues
5430600000 USD
CY2018Q3 us-gaap Revenues
Revenues
5369400000 USD
CY2019Q2 us-gaap Revenues
Revenues
5341300000 USD
CY2018Q2 us-gaap Revenues
Revenues
5353900000 USD
CY2019Q1 us-gaap Revenues
Revenues
4955600000 USD
CY2018Q1 us-gaap Revenues
Revenues
5138900000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2292600000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1999500000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2409300000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2417700000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2273900000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2262300000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2094000000.0 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2143100000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
1572200000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
1415300000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
1607900000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
1637300000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
1516900000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
1496300000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
1328400000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
1375400000 USD
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.10
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.84
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.13
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.12
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.99
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.92
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.74
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.74
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.08
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.82
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.11
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.10
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.97
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.90
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.41
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.17
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.16
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.01
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.16
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.01
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
749200000 shares
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
769500000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
756600000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
772800000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
761800000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
780000000.0 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
764900000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
790900000 shares
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
755600000 shares
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
776600000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
763900000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
779600000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
768700000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
787100000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
771600000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
798700000 shares
CY2019Q3 mcd Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
1.16
CY2018Q3 mcd Common Stock Dividends Per Share Declared And Paid
CommonStockDividendsPerShareDeclaredAndPaid
1.01
CY2019Q3 mcd Common Stock Dividends Per Share Declared Not Paid In Same Period
CommonStockDividendsPerShareDeclaredNotPaidInSamePeriod
1.25
CY2018Q3 mcd Common Stock Dividends Per Share Declared Not Paid In Same Period
CommonStockDividendsPerShareDeclaredNotPaidInSamePeriod
1.16

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