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Segment Information
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Segment Information Segment Information
On February 25, 2019, the Company provided investors with segment summary financial information and other data in accordance with its new organizational structure for the previously reported years ended December 31, 2016 through 2018 and quarters ended March 31, 2018 through December 31, 2018. Effective January 1, 2019, the Company operates under an organizational structure with the following global business segments reflecting how management reviews and evaluates operating performance:
U.S. - the Company's largest market.
International Operated Markets - comprised of wholly-owned markets, or countries in which the Company operates restaurants, including Australia, Canada, France, Germany, Italy, the Netherlands, Russia, Spain and the U.K.
International Developmental Licensed Markets & Corporate - comprised of primarily developmental licensee and affiliate markets in the McDonald’s system. Corporate activities are also reported within this segment.
The following table presents the Company’s revenues and operating income by segment:
 
Quarters Ended
  
March 31,
In millions
2019
 
2018
Revenues
 
 
 
U.S.
$
1,846.2

 
$
1,867.2

International Operated Markets
2,663.0

 
2,810.0

International Developmental Licensed Markets & Corporate
446.4

 
461.7

Total revenues
$
4,955.6

 
$
5,138.9

Operating Income
 
 
 
U.S.
$
951.9

 
$
998.0

International Operated Markets
1,048.0

 
1,049.1

International Developmental Licensed Markets & Corporate
94.1

 
96.0

Total operating income
$
2,094.0

 
$
2,143.1