<SEC-DOCUMENT>0001965353-23-000164.txt : 20230922
<SEC-HEADER>0001965353-23-000164.hdr.sgml : 20230922
<ACCEPTANCE-DATETIME>20230922144822
ACCESSION NUMBER:		0001965353-23-000164
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20230922
DATE AS OF CHANGE:		20230922

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MCDONALDS CORP
		CENTRAL INDEX KEY:			0000063908
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING PLACES [5812]
		IRS NUMBER:				362361282
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-05231
		FILM NUMBER:		231271346

	BUSINESS ADDRESS:	
		STREET 1:		110 NORTH CARPENTER STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60607
		BUSINESS PHONE:		630 623 3000

	MAIL ADDRESS:	
		STREET 1:		110 NORTH CARPENTER STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60607

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Erlinger Joseph M.
		CENTRAL INDEX KEY:			0001685800

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		MCDONALD'S CORPORATION
		STREET 2:		110 NORTH CARPENTER STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60607
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001685800</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000063908</issuerCik>
      <issuerName>MCDONALDS CORP</issuerName>
      <secFileNumber>001-05231</secFileNumber>
      <issuerAddress>
        <com:street1>110 NORTH CARPENTER STREET</com:street1>
        <com:city>CHICAGO</com:city>
        <com:stateOrCountry>IL</com:stateOrCountry>
        <com:zipCode>60607</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>630 623 3000</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Erlinger Joseph M.</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>MERRILL LYNCH</name>
        <address>
          <com:street1>3455 PEACHTREE RD NE</com:street1>
          <com:street2>SUITE 1000</com:street2>
          <com:city>ATLANTA</com:city>
          <com:stateOrCountry>GA</com:stateOrCountry>
          <com:zipCode>30326</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>4487</noOfUnitsSold>
      <aggregateMarketValue>1217143.62</aggregateMarketValue>
      <noOfUnitsOutstanding>728763452</noOfUnitsOutstanding>
      <approxSaleDate>09/22/2023</approxSaleDate>
      <securitiesExchangeName>NEW YORK</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
      <acquiredDate>09/22/2023</acquiredDate>
      <natureOfAcquisitionTransaction>STOCK OPTION EXERCISE AND SALE</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>MCDONALD'S CORPORATION</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3861</amountOfSecuritiesAcquired>
      <paymentDate>09/22/2023</paymentDate>
      <natureOfPayment>COMPENSATORY PAYMENT</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
      <acquiredDate>02/18/2023</acquiredDate>
      <natureOfAcquisitionTransaction>PERFORMANCE STOCK PAYMENT</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>MCDONALD'S CORPORATION</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>626</amountOfSecuritiesAcquired>
      <paymentDate>02/18/2023</paymentDate>
      <natureOfPayment>COMPENSATORY PAYMENT</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>JOSEPH ERLINGER</name>
        <address>
          <com:street1>110 NORTH CARPENTER STREET</com:street1>
          <com:city>CHICAGO</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60607</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
      <saleDate>08/23/2023</saleDate>
      <amountOfSecuritiesSold>4487</amountOfSecuritiesSold>
      <grossProceeds>1265424.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>JOSEPH ERLINGER</name>
        <address>
          <com:street1>110 NORTH CARPENTER STREET</com:street1>
          <com:city>CHICAGO</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60607</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
      <saleDate>07/21/2023</saleDate>
      <amountOfSecuritiesSold>4487</amountOfSecuritiesSold>
      <grossProceeds>1336543.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>JOSEPH ERLINGER</name>
        <address>
          <com:street1>110 NORTH CARPENTER STREET</com:street1>
          <com:city>CHICAGO</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60607</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
      <saleDate>06/23/2023</saleDate>
      <amountOfSecuritiesSold>4487</amountOfSecuritiesSold>
      <grossProceeds>1307288.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>09/22/2023</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>02/01/2023</planAdoptionDate>
      </planAdoptionDates>
      <signature>JOSEPH ERLINGER</signature>
    </noticeSignature>
  </formData>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
