2021 Q4 Form 10-K Financial Statement

#000006390822000011 Filed on February 24, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $6.009B $23.22B $5.314B
YoY Change 13.08% 20.9% -0.66%
Cost Of Revenue $2.748B $10.64B $2.534B
YoY Change 8.47% 12.55% -1.05%
Gross Profit $3.261B $12.58B $2.780B
YoY Change 17.29% 29.0% -3.05%
Gross Profit Margin 54.27% 54.17% 52.32%
Selling, General & Admin $755.4M $2.378B $698.0M
YoY Change 8.22% 5.92% 19.38%
% of Gross Profit 23.16% 18.9% 25.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $481.6M $329.7M $464.3M
YoY Change 3.73% 9.68% 12.26%
% of Gross Profit 14.77% 2.62% 16.7%
Operating Expenses $841.6M $2.707B $778.3M
YoY Change 8.13% 6.37% 19.08%
Operating Profit $2.419B $10.36B $2.002B
YoY Change 20.86% 41.4% -12.68%
Interest Expense -$237.7M $1.186B -$270.0M
YoY Change -11.96% -2.65% 20.37%
% of Operating Profit -9.82% 11.45% -13.49%
Other Income/Expense, Net -$1.500M -$42.30M $6.600M
YoY Change -122.73% -221.55% 2100.0%
Pretax Income $2.108B $2.414B $1.830B
YoY Change 15.18% 73.61% -9.71%
Income Tax $469.0M $1.583B $452.8M
% Of Pretax Income 22.25% 65.57% 24.74%
Net Earnings $1.639B $7.545B $1.377B
YoY Change 19.0% 59.5% -12.4%
Net Earnings / Revenue 27.27% 32.49% 25.92%
Basic Earnings Per Share $10.11
Diluted Earnings Per Share $2.181M $10.04 $1.834M
COMMON SHARES
Basic Shares Outstanding 746.3M shares
Diluted Shares Outstanding 751.8M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.709B $4.709B $3.449B
YoY Change 36.54% 36.54% 277.77%
Cash & Equivalents $4.709B $4.709B $3.449B
Short-Term Investments
Other Short-Term Assets $511.3M $511.3M $633.0M
YoY Change -19.23% -19.23% 70.62%
Inventory $55.60M $55.60M $51.10M
Prepaid Expenses
Receivables $1.872B $1.872B $2.110B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.149B $7.149B $6.243B
YoY Change 14.5% 14.5% 75.47%
LONG-TERM ASSETS
Property, Plant & Equipment $24.72B $38.27B $24.96B
YoY Change -0.95% -1.32% 3.3%
Goodwill $2.783B $2.773B
YoY Change 0.34% 3.57%
Intangibles
YoY Change
Long-Term Investments $1.201B $1.201B $1.297B
YoY Change -7.39% -7.39% 2.13%
Other Assets $4.450B $3.655B $3.527B
YoY Change 26.14% 28.86% 36.51%
Total Long-Term Assets $46.71B $46.71B $46.38B
YoY Change 0.69% 0.69% 5.53%
TOTAL ASSETS
Total Short-Term Assets $7.149B $7.149B $6.243B
Total Long-Term Assets $46.71B $46.71B $46.38B
Total Assets $53.85B $53.85B $52.63B
YoY Change 2.33% 2.33% 10.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.007B $1.007B $741.3M
YoY Change 35.82% 35.87% -24.98%
Accrued Expenses $2.653B $2.653B $2.455B
YoY Change 8.04% 8.04% 9.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $2.244B
YoY Change -100.0% -100.0% 3696.28%
Total Short-Term Liabilities $4.020B $4.020B $6.181B
YoY Change -34.96% -34.96% 70.7%
LONG-TERM LIABILITIES
Long-Term Debt $35.62B $35.62B $35.20B
YoY Change 1.21% 1.21% 3.16%
Other Long-Term Liabilities $1.081B $16.74B $1.054B
YoY Change 2.55% -1.82% 7.61%
Total Long-Term Liabilities $36.70B $52.36B $36.25B
YoY Change 1.25% 0.22% 3.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.020B $4.020B $6.181B
Total Long-Term Liabilities $36.70B $52.36B $36.25B
Total Liabilities $40.72B $58.46B $42.43B
YoY Change -4.03% -3.3% 9.59%
SHAREHOLDERS EQUITY
Retained Earnings $57.53B $53.91B
YoY Change 6.73% 1.85%
Common Stock $16.60M $16.60M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $67.81B $67.07B
YoY Change 1.11% 1.11%
Treasury Stock Shares 915.8M shares 915.2M shares
Shareholders Equity -$4.601B -$4.601B -$7.825B
YoY Change
Total Liabilities & Shareholders Equity $53.85B $53.85B $52.63B
YoY Change 2.33% 2.33% 10.77%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $1.639B $7.545B $1.377B
YoY Change 19.0% 59.5% -12.4%
Depreciation, Depletion And Amortization $481.6M $329.7M $464.3M
YoY Change 3.73% 9.68% 12.26%
Cash From Operating Activities $2.667B $9.142B $1.993B
YoY Change 33.81% 45.91% 5.48%
INVESTING ACTIVITIES
Capital Expenditures -$687.2M $2.040B -$463.1M
YoY Change 48.39% 24.33% -36.73%
Acquisitions
YoY Change
Other Investing Activities -$435.5M $53.90M $100.2M
YoY Change -534.63% -193.9% -233.42%
Cash From Investing Activities -$1.123B -$2.166B -$362.9M
YoY Change 209.37% 40.1% -55.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $845.5M
YoY Change -6.86%
Debt Paid & Issued, Net $2.240B
YoY Change -7.12%
Cash From Financing Activities -1.098B -$5.596B -1.936B
YoY Change -43.27% 148.8% 34.25%
NET CHANGE
Cash From Operating Activities 2.667B $9.142B 1.993B
Cash From Investing Activities -1.123B -$2.166B -362.9M
Cash From Financing Activities -1.098B -$5.596B -1.936B
Net Change In Cash 445.8M $1.260B -305.7M
YoY Change -245.83% -50.6% -14.97%
FREE CASH FLOW
Cash From Operating Activities $2.667B $9.142B $1.993B
Capital Expenditures -$687.2M $2.040B -$463.1M
Free Cash Flow $3.354B $7.102B $2.456B
YoY Change 36.56% 53.57% -6.31%

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<div style="margin-bottom:4pt;margin-top:8pt"><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">NATURE OF BUSINESS</span></div><div style="margin-top:3pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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="margin-top:3pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The following table presents restaurant information by ownership type:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.387%"><tr><td style="width:1.0%"/><td style="width:71.440%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.643%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.483%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.506%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.483%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.645%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Restaurants at December 31,</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-style:italic;font-weight:400;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="border-top:1pt dotted #000000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Conventional franchised</span></td><td colspan="2" style="border-top:1pt dotted #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">21,607</span><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt dotted #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt dotted #000000;padding:0 1pt"/><td colspan="2" style="border-top:1pt dotted #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,712 </span></td><td style="border-top:1pt dotted #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt dotted #000000;padding:0 1pt"/><td colspan="2" style="border-top:1pt dotted #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,837 </span></td><td style="border-top:1pt dotted #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Developmental licensed</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">7,913</span><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,663 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,648 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign affiliated</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">7,775</span><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,146 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,574 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt dotted #000000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">    Total Franchised</span></td><td colspan="2" style="border-top:1pt dotted #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">37,295</span><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt dotted #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt dotted #000000;padding:0 1pt"/><td colspan="2" style="border-top:1pt dotted #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36,521 </span></td><td style="border-top:1pt dotted #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-top:1pt dotted #000000;padding:0 1pt"/><td colspan="2" style="border-top:1pt dotted #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36,059 </span></td><td style="border-top:1pt dotted #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">    Company-operated</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2,736</span><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,677 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,636 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000;border-top:1pt dotted #000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Systemwide restaurants</span></td><td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt dotted #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">40,031</span><span style="color:#0075c0;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:1pt solid #000000;border-top:1pt dotted #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt dotted #000000;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt dotted #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39,198 </span></td><td style="border-bottom:1pt solid #000000;border-top:1pt dotted #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt dotted #000000;padding:0 1pt"/><td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt dotted #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38,695 </span></td><td style="border-bottom:1pt solid #000000;border-top:1pt dotted #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:6pt;margin-top:4pt;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">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>
CY2021Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
40031 Restaurant
CY2020Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
39198 Restaurant
CY2019Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
38695 Restaurant
CY2021 mcd Deferredcollectionamountofrentalincome
Deferredcollectionamountofrentalincome
490000000 USD
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
795000000.0 USD
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
691200000 USD
CY2019Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
665400000 USD
CY2021 mcd Long Lived Assets Impairment Test Period
LongLivedAssetsImpairmentTestPeriod
P12M
CY2021 mcd Goodiwill Written Off Related To Sale Of Company Restaurant Months From Acquisition
GoodiwillWrittenOffRelatedToSaleOfCompanyRestaurantMonthsFromAcquisition
P24M
CY2021 mcd Fair Value Goodwill Written Off Related To Sale Of Restaurant Minimum Months Company Operated
FairValueGoodwillWrittenOffRelatedToSaleOfRestaurantMinimumMonthsCompanyOperated
P24M
CY2020Q4 us-gaap Goodwill
Goodwill
2773100000 USD
CY2021 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
64800000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-55400000 USD
CY2021Q4 us-gaap Goodwill
Goodwill
2782500000 USD
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
14500000 USD
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
14500000 USD
CY2021 mcd Company Operated Restaurant Advertising Expense
CompanyOperatedRestaurantAdvertisingExpense
377600000 USD
CY2020 mcd Company Operated Restaurant Advertising Expense
CompanyOperatedRestaurantAdvertisingExpense
325500000 USD
CY2019 mcd Company Operated Restaurant Advertising Expense
CompanyOperatedRestaurantAdvertisingExpense
365800000 USD
CY2021 mcd Other Marketing Related Expenses
OtherMarketingRelatedExpenses
82900000 USD
CY2020 mcd Other Marketing Related Expenses
OtherMarketingRelatedExpenses
329200000 USD
CY2019 mcd Other Marketing Related Expenses
OtherMarketingRelatedExpenses
81500000 USD
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
40000000000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
35600000000 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
289600000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
227000000.0 USD
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
7900000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
97500000 USD
CY2021 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
24800000 USD
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5500000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5500000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6800000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2200000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1800000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4.7 USD
CY2021Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
3.4 USD
CY2021 us-gaap Revenues
Revenues
23222900000 USD
CY2020 us-gaap Revenues
Revenues
19207800000 USD
CY2019 us-gaap Revenues
Revenues
21364400000 USD
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
10356000000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
7324000000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
9069800000 USD
CY2021Q4 us-gaap Assets
Assets
53854300000 USD
CY2020Q4 us-gaap Assets
Assets
52626800000 USD
CY2019Q4 us-gaap Assets
Assets
47510800000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2040000000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1640800000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2393700000 USD
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1868100000 USD
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1751400000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1617900000 USD
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
39267000000 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
39696300000 USD
CY2021Q4 us-gaap Land
Land
6487600000 USD
CY2020Q4 us-gaap Land
Land
6349100000 USD
CY2021Q4 mcd Buildings And Improvements On Owned Land Gross
BuildingsAndImprovementsOnOwnedLandGross
18666000000 USD
CY2020Q4 mcd Buildings And Improvements On Owned Land Gross
BuildingsAndImprovementsOnOwnedLandGross
18218900000 USD
CY2021Q4 mcd Buildings And Improvements On Leased Land Gross
BuildingsAndImprovementsOnLeasedLandGross
13283300000 USD
CY2020Q4 mcd Buildings And Improvements On Leased Land Gross
BuildingsAndImprovementsOnLeasedLandGross
13364500000 USD
CY2021Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
3032000000 USD
CY2020Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
3119000000 USD
CY2021Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
447700000 USD
CY2020Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
425000000.0 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
41916600000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
41476500000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17196000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16518300000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24720600000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24958200000 USD
CY2021 us-gaap Depreciation
Depreciation
1530700000 USD
CY2020 us-gaap Depreciation
Depreciation
1469400000 USD
CY2019 us-gaap Depreciation
Depreciation
1392200000 USD
CY2021 mcd Franchise Agreement Period
FranchiseAgreementPeriod
P20Y
CY2021 mcd Rental Income
RentalIncome
8381100000 USD
CY2020 mcd Rental Income
RentalIncome
6844700000 USD
CY2019 mcd Rental Income
RentalIncome
7500200000 USD
CY2021 us-gaap Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
4645100000 USD
CY2020 us-gaap Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
3831500000 USD
CY2019 us-gaap Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
4107100000 USD
CY2021 mcd Initial Fees
InitialFees
59200000 USD
CY2020 mcd Initial Fees
InitialFees
49900000 USD
CY2019 mcd Initial Fees
InitialFees
48400000 USD
CY2021 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
13085400000 USD
CY2020 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
10726100000 USD
CY2019 mcd Revenuesfromfranchisedrestaurants
Revenuesfromfranchisedrestaurants
11655700000 USD
CY2021 mcd Deferred Collection Amount Of Rental And Royalty Income
DeferredCollectionAmountOfRentalAndRoyaltyIncome
1000000000 USD
CY2021 mcd Lease Term
LeaseTerm
P20Y
CY2021 mcd Rent Expense Restaurants
RentExpenseRestaurants
1486300000 USD
CY2020 mcd Rent Expense Restaurants
RentExpenseRestaurants
1399500000 USD
CY2019 mcd Rent Expense Restaurants
RentExpenseRestaurants
1530400000 USD
CY2021 mcd Rent Expense Other
RentExpenseOther
74000000.0 USD
CY2020 mcd Rent Expense Other
RentExpenseOther
79800000 USD
CY2019 mcd Rent Expense Other
RentExpenseOther
76400000 USD
CY2021 mcd Rent Expense
RentExpense
1560300000 USD
CY2020 mcd Rent Expense
RentExpense
1479300000 USD
CY2019 mcd Rent Expense
RentExpense
1606800000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.038
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1205700000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1173500000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1138500000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1098900000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1043700000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
13784700000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
19445000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5718600000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13726400000 USD
CY2021 us-gaap Net Investment In Lease Change In Present Value Expense Reversal
NetInvestmentInLeaseChangeInPresentValueExpenseReversal
300000000 USD
CY2021 mcd Weighted Average Lease Term
WeightedAverageLeaseTerm
P20Y
CY2021 mcd Gain On Sale Of Restaurant Businesses
GainOnSaleOfRestaurantBusinesses
96600000 USD
CY2020 mcd Gain On Sale Of Restaurant Businesses
GainOnSaleOfRestaurantBusinesses
23300000 USD
CY2019 mcd Gain On Sale Of Restaurant Businesses
GainOnSaleOfRestaurantBusinesses
127500000 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
176700000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
117400000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
153800000 USD
CY2021 mcd Asset Disposition And Other Expense
AssetDispositionAndOtherExpense
75400000 USD
CY2020 mcd Asset Disposition And Other Expense
AssetDispositionAndOtherExpense
290700000 USD
CY2019 mcd Asset Disposition And Other Expense
AssetDispositionAndOtherExpense
87200000 USD
CY2021 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
-285400000 USD
CY2020 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
-267500000 USD
CY2019 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
74300000 USD
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
483300000 USD
CY2020 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
117500000 USD
CY2019 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
119800000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2413900000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1390400000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2159100000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
6714000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
4750300000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5859000000 USD
CY2021 mcd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
9127900000 USD
CY2020 mcd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
6140700000 USD
CY2019 mcd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
8018100000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
887600000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
228100000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
119100000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
194700000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
895300000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
730600000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1126500000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2011000000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1403800000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1843000000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-177400000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
870300000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
38500000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-24100000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
73300000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
20000000.0 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-226800000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
91200000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-428300000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021Q4 mcd Deferred Tax Liabilities Leaserightofuseasset
DeferredTaxLiabilitiesLeaserightofuseasset
3462700000 USD
CY2020Q4 mcd Deferred Tax Liabilities Leaserightofuseasset
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CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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1600400000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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696000000.0 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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1046200000 USD
CY2021Q4 mcd Deferred Tax Liabilities Other Liabilities
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CY2020Q4 mcd Deferred Tax Liabilities Other Liabilities
DeferredTaxLiabilitiesOtherLiabilities
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
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CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
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CY2021Q4 mcd Deferred Tax Assets Leaseliability
DeferredTaxAssetsLeaseliability
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CY2020Q4 mcd Deferred Tax Assets Leaseliability
DeferredTaxAssetsLeaseliability
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CY2021Q4 mcd Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
2524600000 USD
CY2020Q4 mcd Deferred Tax Assets Intangible Assets
DeferredTaxAssetsIntangibleAssets
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CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
647100000 USD
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
593800000 USD
CY2021Q4 mcd Deferred Tax Assets Deferred Foreign Tax Credits
DeferredTaxAssetsDeferredForeignTaxCredits
311500000 USD
CY2020Q4 mcd Deferred Tax Assets Deferred Foreign Tax Credits
DeferredTaxAssetsDeferredForeignTaxCredits
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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153600000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
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CY2020Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
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CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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96100000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
86800000 USD
CY2021Q4 mcd Deferred Tax Assets Other Assets
DeferredTaxAssetsOtherAssets
284400000 USD
CY2020Q4 mcd Deferred Tax Assets Other Assets
DeferredTaxAssetsOtherAssets
449000000.0 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
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7655600000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
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7322400000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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1076100000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
816000000.0 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
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281400000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
110100000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
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CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
2025600000 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
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281400000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
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110100000 USD
CY2021Q4 us-gaap Operating Loss Carryforwards
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464100000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018
CY2021 mcd Foreigntaxcreditredeterminationregulations
Foreigntaxcreditredeterminationregulations
0
CY2020 mcd Foreigntaxcreditredeterminationregulations
Foreigntaxcreditredeterminationregulations
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.009
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.004
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.016
CY2021 mcd Tax Impact Of Intercompany Transactions
TaxImpactOfIntercompanyTransactions
0.001
CY2020 mcd Tax Impact Of Intercompany Transactions
TaxImpactOfIntercompanyTransactions
0.021
CY2019 mcd Tax Impact Of Intercompany Transactions
TaxImpactOfIntercompanyTransactions
0
CY2021 mcd Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Percent
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomePercent
0.003
CY2020 mcd Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Percent
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomePercent
0.012
CY2019 mcd Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Percent
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomePercent
0.013
CY2021 mcd Effective Income Tax Rate Reconciliation Foreign Derived Intangible Income
EffectiveIncomeTaxRateReconciliationForeignDerivedIntangibleIncome
-0.026
CY2020 mcd Effective Income Tax Rate Reconciliation Foreign Derived Intangible Income
EffectiveIncomeTaxRateReconciliationForeignDerivedIntangibleIncome
-0.034
CY2019 mcd Effective Income Tax Rate Reconciliation Foreign Derived Intangible Income
EffectiveIncomeTaxRateReconciliationForeignDerivedIntangibleIncome
-0.013
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.039
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.018
CY2019 mcd Foreigntaxcreditredeterminationregulations
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.003
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.017
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.015
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.173
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.230
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.249
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
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364000000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
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1504900000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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1479200000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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990000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1479200000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1439100000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
31900000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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71400000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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26100000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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38500000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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60700000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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16800000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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3900000 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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12400000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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12700000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1504900000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1479200000 USD
CY2021Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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1030000000 USD
CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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183600000 USD
CY2020Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
177400000 USD
CY2021 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
24400000 USD
CY2020 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
32400000 USD
CY2019 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
39900000 USD
CY2021 us-gaap Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
The Company also maintains certain unfunded nonqualified supplemental benefit plans that allow participants to (i) make tax-deferred contributions and (ii) receive an annual Company-match allocation that cannot be made under the 401(k) Plan because of IRS limitations. The investment alternatives and returns are based on certain market-rate investment alternatives under the 401(k) Plan, net of expenses.
CY2021Q4 mcd Supplemental Benefit Plan Liability
SupplementalBenefitPlanLiability
456800000 USD
CY2020Q4 mcd Supplemental Benefit Plan Liability
SupplementalBenefitPlanLiability
431200000 USD
CY2021 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.
CY2021Q4 mcd Derivative Contract Indexed To Market Indices Fair Value
DerivativeContractIndexedToMarketIndicesFairValue
218800000 USD
CY2021 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.
CY2021Q4 mcd Line Of Credit Weighted Average Interest Rate
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0.024
CY2020Q4 mcd Line Of Credit Weighted Average Interest Rate
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0.019
CY2021Q4 us-gaap Deferred Finance Costs Ownshare Lending Arrangement Issuance Costs Net
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144500000 USD
CY2020Q4 us-gaap Deferred Finance Costs Ownshare Lending Arrangement Issuance Costs Net
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156200000 USD
CY2021Q4 us-gaap Long Term Debt
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35622700000 USD
CY2020Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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0.0 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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2535700000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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5400500000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3136400000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2460000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
22229800000 USD
CY2021Q4 mcd Short Term Obligations Reclassification To Long Term Obligations
ShortTermObligationsReclassificationToLongTermObligations
2500000000 USD
CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
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36600000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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23300000 shares
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
139200000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
92400000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
109600000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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120400000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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78300000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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94200000 USD
CY2021 mcd Effect Of Share Based Compensation On Net Income Per Share
EffectOfShareBasedCompensationOnNetIncomePerShare
0.16
CY2020 mcd Effect Of Share Based Compensation On Net Income Per Share
EffectOfShareBasedCompensationOnNetIncomePerShare
0.10
CY2019 mcd Effect Of Share Based Compensation On Net Income Per Share
EffectOfShareBasedCompensationOnNetIncomePerShare
0.12
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
144900000 USD
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.024
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.023
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.027
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.218
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.191
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.189
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.007
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.014
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.025
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M12D
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M12D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M18D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
30.91
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
29.40
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
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
302000000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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290400000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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356100000 USD
CY2021 us-gaap Proceeds From Stock Options Exercised
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285700000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
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60200000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
13400000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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139.44
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
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124.21
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
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
2100000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
215.73
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1800000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
214.18
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
2000000.0 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
175.17
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2400000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
115.29
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2800000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
104.58
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3600000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
97.70
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
1100000 shares
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1078200000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
8800000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
9200000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
160.50
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
200000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
184.69
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
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12000000.0 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
156.13
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y9M18D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1343700000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
13400000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
139.44
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
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
7800000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
130.70
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y6M
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
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
1
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1300000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
176.81
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
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
600000 shares
CY2021 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
206.92
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
600000 shares
CY2020 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
201.92
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
600000 shares
CY2019 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
171.48
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
400000 shares
CY2021 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
153.55
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
600000 shares
CY2020 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
127.99
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
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
200000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
168.38
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
100000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
172.45
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
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
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1300000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
197.10
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1300000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
176.81
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1400000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
80000000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
119400000 USD
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 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14300000 USD
CY2021 dei Auditor Name
AuditorName
Ernst & Young LLP
CY2021 dei Auditor Location
AuditorLocation
Chicago, Illinois

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