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Segment Information
 9 Months Ended
Sep. 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 September 30, 2023.
•International Operated Markets - comprised of markets or countries in which the Company operates and franchises restaurants, including Australia, Canada, France, Germany, Italy, Poland, Spain and the U.K. The segment is 89% franchised as of September 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 September 30, 2023.

The following table presents the Company’s revenues and operating income by segment:
Quarters EndedNine Months Ended
  
September 30,September 30,
In millions2023202220232022
Revenues
U.S.$2,704.0 $2,456.6 $7,892.9 $7,042.2 
International Operated Markets3,300.5 2,817.8 9,250.8 8,487.4 
International Developmental Licensed Markets & Corporate687.7 597.7 1,943.8 1,726.5 
Total revenues$6,692.2 $5,872.1 $19,087.5 $17,256.1 
Operating Income
U.S.$1,477.8 $1,326.6 $4,267.8 $3,797.5 
International Operated Markets1,584.5 1,374.4 4,294.7 2,639.9 
International Developmental Licensed Markets & Corporate146.0 62.9 282.3 350.9 
Total operating income*$3,208.3 $2,763.9 $8,844.8 $6,788.3 
* Results for the quarter and nine months 2023 reflected pre-tax charges of $26 million and $224 million, respectively, primarily related to restructuring costs associated with Accelerating the Organization. Results for the nine months 2022 reflected $1,281 million of pre-tax charges related to the sale of the Company's business in Russia and a pre-tax gain of $271 million related to the Company's sale of its Dynamic Yield business.