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Segment Information
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Segment Information Segment 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, South Korea, Poland, Russia, Spain, Switzerland, the Netherlands and related markets
Foundational Markets & Corporate - the remaining markets in the McDonald's system, most of which operate under a largely franchised model. Corporate activities are also reported within this segment.
The following table presents the Company’s revenues and operating income by segment:
 
Quarters Ended
 
Nine Months Ended
  
September 30,
 
September 30,
In millions
2018
 
2017
 
2018
 
2017
Revenues
 
 
 
 
 
 
 
U.S.
$
1,930.0

 
$
2,023.3

 
$
5,758.4

 
$
6,000.7

International Lead Markets
1,940.5

 
1,970.5

 
5,748.9

 
5,427.2

High Growth Markets
1,040.2

 
1,322.1

 
3,026.4

 
4,538.5

Foundational Markets & Corporate
458.7

 
438.7

 
1,328.5

 
1,513.8

Total revenues
$
5,369.4

 
$
5,754.6

 
$
15,862.2

 
$
17,480.2

Operating Income
 
 
 
 
 
 
 
U.S.
$
1,061.8

 
$
1,034.6

 
$
3,059.0

 
$
3,055.4

International Lead Markets
913.9

 
913.6

 
2,613.5

 
2,356.2

High Growth Markets
330.1

 
1,073.8

 
847.1

 
1,724.0

Foundational Markets & Corporate
111.9

 
57.4

 
303.5

 
272.9

Total operating income
$
2,417.7

 
$
3,079.4

 
$
6,823.1

 
$
7,408.5