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Segment Information
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Information
Segment Information
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. The segment is 95% franchised as of June 30, 2023.
•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 June 30, 2023. During the second quarter of 2022, the Company completed the sale of its business in Russia, resulting in a total exit from the market.
•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 June 30, 2023.

The following table presents the Company’s revenues and operating income by segment:
Quarters EndedSix Months Ended
  
June 30,June 30,
In millions2023202220232022
Revenues
U.S.$2,701.2 $2,410.0 $5,188.8 $4,585.6 
International Operated Markets3,155.6 2,747.5 5,950.4 5,669.6 
International Developmental Licensed Markets & Corporate640.7 560.9 1,256.1 1,128.8 
Total revenues$6,497.5 $5,718.4 $12,395.3 $11,384.0 
Operating Income
U.S.$1,494.9 $1,319.9 $2,790.0 $2,470.9 
International Operated Markets1,517.5 136.3 2,710.2 1,265.5 
International Developmental Licensed Markets & Corporate91.7 255.6 136.3 288.0 
Total operating income*$3,104.1 $1,711.8 $5,636.5 $4,024.4 
* Results for the quarter and six months 2023 reflected $18 million and $198 million, respectively, primarily related to pre-tax restructuring charges related to Accelerating the Organization. Results for 2022 included pre-tax charges of $1,153 million for the quarter and $1,281 million for the six months related to the sale of the Company's business in Russia, as well as $271 million of pre-tax gains in both periods related to the Company's sale of its Dynamic Yield business.