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Segment and Geographic Information
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment and Geographic Information
Segment and Geographic Information
McDonald’s 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. The segment is 95% franchised as of December 31, 2022.
•International Operated Markets - comprised of markets, or countries in which the Company operates and franchises restaurants, including Australia, Canada, France, Germany, Italy, the Netherlands, Spain and the U.K. The segment is 89% franchised as of December 31, 2022.
•International Developmental Licensed Markets & Corporate - comprised primarily of developmental licensee and affiliate markets in the McDonald’s system. Corporate activities are also reported in this segment. The segment is 98% franchised as of December 31, 2022.
In December 2021 and April 2022, the Company completed the divestitures of Apprente (McD Tech Labs) and Dynamic Yield, respectively. Additionally, in June 2022, the Company sold its business in Russia. Prior to their respective dates of sale, financial performance relating to Dynamic Yield and McD Tech Labs is reflected within the International Developmental Licensed Markets & Corporate segment and financial performance relating to Russia is reflected in the International Operated Markets 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 millions202220212020
U.S.$9,588.4 $8,865.0 $7,828.5 
International Operated Markets11,297.0 12,219.8 9,570.7 
International Developmental Licensed Markets & Corporate
2,297.2 2,138.1 1,808.6 
Total revenues
$23,182.6 $23,222.9 $19,207.8 
U.S.$5,136.4 $4,754.7 $3,789.1 
International Operated Markets3,926.0 5,130.6 3,315.1 
International Developmental Licensed Markets & Corporate
308.6 470.7 219.8 
Total operating income $9,371.0 $10,356.0 $7,324.0 
U.S.$21,793.0 $21,280.3 $21,010.0 
International Operated Markets21,979.3 24,186.1 24,744.0 
International Developmental Licensed Markets & Corporate
6,663.3 8,387.9 6,872.8 
Total assets$50,435.6 $53,854.3 $52,626.8 
U.S.$860.0 $940.7 $890.4 
International Operated Markets1,015.2 1,050.6 731.5 
International Developmental Licensed Markets & Corporate
24.0 48.7 18.9 
Total capital expenditures
$1,899.2 $2,040.0 $1,640.8 
U.S.$912.4 $840.7 $813.8 
International Operated Markets640.6 726.4 678.5 
International Developmental Licensed Markets & Corporate
317.6 301.0 259.1 
Total depreciation and amortization
$1,870.6 $1,868.1 $1,751.4 
Total long-lived assets, primarily property and equipment and the Company's Lease right-of-use asset, were (in millions)–Consolidated: 2022–$37,403.0; 2021–$39,267.0; U.S. based: 2022–$19,416.3; 2021–$19,600.1.