| Segment and Geographic Information |
Segment and Geographic
Information
The Company operates in the global
restaurant industry and manages its business as distinct geographic
segments. All intercompany revenues and expenses are eliminated in
computing revenues and operating income. Corporate
general & administrative expenses are included in Other
Countries & Corporate and 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.
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| In
millions |
|
2011 |
|
|
2010 |
|
|
2009 |
|
|
U.S.
|
|
$ |
8,528.2 |
|
|
$ |
8,111.6 |
|
|
$ |
7,943.8 |
|
|
Europe
|
|
|
10,886.4 |
|
|
|
9,569.2 |
|
|
|
9,273.8 |
|
|
APMEA
|
|
|
6,019.5 |
|
|
|
5,065.5 |
|
|
|
4,337.0 |
|
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Other Countries &
Corporate
|
|
|
1,571.9 |
|
|
|
1,328.3 |
|
|
|
1,190.1 |
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Total revenues
|
|
$ |
27,006.0 |
|
|
$ |
24,074.6 |
|
|
$ |
22,744.7 |
|
|
U.S.
|
|
$ |
3,666.2 |
|
|
$ |
3,446.5 |
|
|
$ |
3,231.7 |
|
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Europe
|
|
|
3,226.7 |
|
|
|
2,796.8 |
|
|
|
2,588.1 |
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APMEA
|
|
|
1,525.8 |
|
|
|
1,199.9 |
(1) |
|
|
989.5 |
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Other Countries &
Corporate
|
|
|
111.0 |
|
|
|
29.9 |
(2) |
|
|
31.7 |
(3) |
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Total operating income
|
|
$ |
8,529.7 |
|
|
$ |
7,473.1 |
|
|
$ |
6,841.0 |
|
|
U.S.
|
|
$ |
10,865.5 |
|
|
$ |
10,467.7 |
|
|
$ |
10,429.3 |
|
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Europe
|
|
|
12,015.1 |
|
|
|
11,360.7 |
|
|
|
11,494.4 |
|
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APMEA
|
|
|
5,824.2 |
|
|
|
5,374.0 |
|
|
|
4,409.0 |
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Other Countries &
Corporate
|
|
|
4,285.1 |
|
|
|
4,772.8 |
|
|
|
3,892.2 |
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Total assets
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|
$ |
32,989.9 |
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|
$ |
31,975.2 |
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|
$ |
30,224.9 |
|
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U.S.
|
|
$ |
786.5 |
|
|
$ |
530.5 |
|
|
$ |
659.4 |
|
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Europe
|
|
|
1,130.1 |
|
|
|
978.5 |
|
|
|
859.3 |
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APMEA
|
|
|
614.1 |
|
|
|
493.1 |
|
|
|
354.6 |
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Other Countries &
Corporate
|
|
|
199.1 |
|
|
|
133.4 |
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|
|
78.8 |
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Total capital expenditures
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|
$ |
2,729.8 |
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$ |
2,135.5 |
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|
$ |
1,952.1 |
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U.S.
|
|
$ |
446.0 |
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|
$ |
433.0 |
|
|
$ |
423.8 |
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Europe
|
|
|
570.3 |
|
|
|
500.5 |
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|
|
483.2 |
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APMEA
|
|
|
267.5 |
|
|
|
232.4 |
|
|
|
202.9 |
|
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Other Countries &
Corporate
|
|
|
131.2 |
|
|
|
110.3 |
|
|
|
106.3 |
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Total depreciation and
amortization
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|
$ |
1,415.0 |
|
|
$ |
1,276.2 |
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|
$ |
1,216.2 |
|
| (1) |
Includes expense due to Impairment and other charges
(credits), net of $39.3 million related to the Company’s
share of restaurant closings in McDonald’s Japan (a 50%-owned
affiliate). |
| (2) |
Includes income due to Impairment and other charges
(credits), net of $21.0 million related to the resolution of
certain liabilities retained in connection with the 2007 Latin
America developmental license transaction. |
| (3) |
Includes income due to Impairment and other charges
(credits), net of $65.2 million primarily related to the resolution
of certain liabilities retained in connection with the 2007 Latin
America developmental license transaction. |
Total long-lived assets,
primarily property and equipment, were (in
millions)–Consolidated: 2011–$27,587.6; 2010–
$26,700.9; 2009–$25,896.1; U.S. based: 2011–$10,724.9;
2010–$10,430.2; 2009–$10,376.4.
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