XML 37 R19.htm IDEA: XBRL DOCUMENT v3.6.0.2
Segment and Geographic Information
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment and Geographic Information
Segment and Geographic Information
 
The Company franchises and operates McDonald’s restaurants in the global restaurant industry. The following reporting segments reflect how management reviews and evaluates operating performance:
U.S. - the Company's largest segment.
International Lead Markets - established markets including Australia, Canada, France, Germany, the U.K. and related markets.
High Growth Markets - markets the Company believes have relatively higher restaurant expansion and franchising potential including China, Italy, Korea, Poland, Russia, Spain, Switzerland, the Netherlands and related markets.
Foundational Markets & Corporate - the remaining markets in the McDonald's system, each of which the Company believes have the potential to operate under a largely franchised model. Corporate activities are also reported within this segment.
All intercompany revenues and expenses are eliminated in computing revenues and operating income. Corporate general and administrative expenses consist of home office support costs in areas such as facilities, finance, human resources, information technology, legal, marketing, restaurant operations, supply chain and training. Corporate assets include corporate cash and equivalents, asset portions of financial instruments and home office facilities.
In millions
2016

 
2015

 
2014

 
U.S.
$
8,252.7

 
$
8,558.9

 
$
8,651.0

 
International Lead Markets
7,223.4

 
7,614.9

 
8,544.5

 
High Growth Markets
6,160.7

 
6,172.8

 
6,845.2

 
Foundational Markets & Corporate
2,985.1

 
3,066.4

 
3,400.6

 
Total revenues
$
24,621.9

 
$
25,413.0

 
$
27,441.3

 
U.S.
$
3,768.7

 
$
3,612.0

 
$
3,522.5

 
International Lead Markets
2,838.4

 
2,712.6

 
3,034.5

 
High Growth Markets
1,048.8

 
841.1

 
933.9

 
Foundational Markets & Corporate
88.6

 
(20.2
)
 
458.3

 
Total operating income
$
7,744.5

 
$
7,145.5

 
$
7,949.2

 
U.S.
$
11,960.6

 
$
11,806.1

 
$
11,872.1

 
International Lead Markets
9,112.5

 
11,136.3

 
12,538.4

 
High Growth Markets
5,208.6

 
5,248.6

 
5,866.0

 
Foundational Markets & Corporate
4,742.2

 
9,747.7

 
3,950.9

 
Total assets
$
31,023.9

 
$
37,938.7

 
$
34,227.4

 
U.S.
$
586.7

 
$
533.2

 
$
736.1

 
International Lead Markets
635.6

 
596.1

 
792.1

 
High Growth Markets
493.2

 
540.5

 
804.8

 
Foundational Markets & Corporate
105.6

 
144.1

 
250.4

 
Total capital expenditures
$
1,821.1

 
$
1,813.9

 
$
2,583.4

 
U.S.
$
510.3

 
$
515.2

 
$
512.2

 
International Lead Markets
451.6

 
460.9

 
521.2

 
High Growth Markets
362.0

 
363.9

 
387.8

 
Foundational Markets & Corporate
192.6

 
215.7

 
223.3

 
Total depreciation and amortization
$
1,516.5

 
$
1,555.7

 
$
1,644.5

 

Total long-lived assets, primarily property and equipment, were (in millions)–Consolidated: 2016$25,200.4; 2015$27,607.8; 2014$29,264.7; U.S. based: 2016$11,689.7; 2015$11,940.4; 2014$11,883.1.