beatandraise : SEC Filings Research with AI

2.0.0.10 false CONDENSED CONSOLIDATED STATEMENT OF INCOME (USD $) 105 - Statement - CONDENSED CONSOLIDATED STATEMENT OF INCOME true false In Millions, except Per Share data false false 1 usd $ false false iso4217_USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 iso4217_USD_per_shares Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 shares Standard http://www.xbrl.org/2003/instance shares 0 false 2 usd $ false false iso4217_USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 iso4217_USD_per_shares Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 shares Standard http://www.xbrl.org/2003/instance shares 0 5 Revenues 3 us-gaap_RevenuesAbstract us-gaap true na duration string No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false No definition available. false 6 Sales by Company-operated restaurants 4 us-gaap_SalesRevenueGoodsNet us-gaap true credit duration monetary No definition available. false false false false false false false false false false false false 1 true true false false 3803100000 3803.1 false false false 2 true true false false 3484700000 3484.7 false false false Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 false 7 Revenues from franchised restaurants 4 us-gaap_FranchiseRevenue us-gaap true credit duration monetary No definition available. false false false false false false false false false false false false 1 false true false false 1807000000 1807.0 false false false 2 false true false false 1592700000 1592.7 false false false Revenue earned during the period from consideration (often a percentage of the franchisee's sales) received for the right to operate a business using the entity's name, merchandise, services, methodologies, promotional support, marketing, and supplies. No authoritative reference available. false 8 Total revenues 4 us-gaap_Revenues us-gaap true credit duration monetary No definition available. false false false false false false false false false false false totallabel false 1 false true false false 5610100000 5610.1 false false false 2 false true false false 5077400000 5077.4 false false false Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 true 9 Operating costs and expenses 3 us-gaap_OperatingCostsAndExpensesAbstract us-gaap true na duration string No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false No definition available. false 10 Company-operated restaurant expenses 4 mcd_CompanyOperatedRestaurantExpenses mcd false debit duration monetary Cost of sales and controllable expenses associated with company-operated restaurants. false false false false false false false false false false false false 1 false true false false 3110900000 3110.9 false false false 2 false true false false 2920500000 2920.5 false false false Cost of sales and controllable expenses associated with company-operated restaurants. No authoritative reference available. false 11 Franchised restaurants - occupancy expenses 4 us-gaap_FranchiseCosts us-gaap true debit duration monetary No definition available. false false false false false false false false false false false false 1 false true false false 339300000 339.3 false false false 2 false true false false 296700000 296.7 false false false Costs incurred and are directly related to generating franchise revenues. No authoritative reference available. false 12 Selling, general & administrative expenses 4 us-gaap_SellingGeneralAndAdministrativeExpense us-gaap true debit duration monetary No definition available. false false false false false false false false false false false false 1 false true false false 546300000 546.3 false false false 2 false true false false 497300000 497.3 false false false The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 4 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 43 -Chapter 4 -Paragraph 5A false 13 Impairment and other charges (credits), net 4 us-gaap_RestructuringSettlementAndImpairmentProvisions us-gaap true debit duration monetary No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 30800000 30.8 false false false 2 false true false false 1200000 1.2 false false false The aggregate amount provided for estimated restructuring charges, remediation costs, and asset impairment loss during an accounting period. Generally, these items are either unusual or infrequent, but not both (in which case they would be extraordinary items). No authoritative reference available. false 14 Other operating (income) expense, net 4 mcd_OtherOperatingIncomeExpense mcd false credit duration monetary The total amount of other operating income and expenses, net, not previously categorized, from items that are associated with... false false false false false false false false false false true negated false 1 false true false false -91300000 -91.3 false false false 2 false true false false -38700000 -38.7 false false false The total amount of other operating income and expenses, net, not previously categorized, from items that are associated with the entity's normal revenue producing operation. No authoritative reference available. false 15 Total operating costs and expenses 4 us-gaap_CostsAndExpenses us-gaap true debit duration monetary No definition available. false false false false false false false false false false false totallabel false 1 false true false false 3936000000 3936.0 false false false 2 false true false false 3677000000 3677.0 false false false Total costs of sales and operating expenses for the period. No authoritative reference available. true 16 Operating income 3 us-gaap_OperatingIncomeLoss us-gaap true credit duration monetary No definition available. false false false false false false false false false false false totallabel false 1 false true false false 1674100000 1674.1 false false false 2 false true false false 1400400000 1400.4 false false false The net result for the period of deducting operating expenses from operating revenues. No authoritative reference available. true 17 Interest expense 3 us-gaap_InterestExpense us-gaap true debit duration monetary No definition available. false false false false false false false false false false false false 1 false true false false 111000000 111.0 false false false 2 false true false false 120900000 120.9 false false false The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 34 -Paragraph 21 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher OTS -Name Federal Regulation (FR) -Number Title 12 -Chapter V -Section 563c.102 -Paragraph 9 -Subsection II Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 9 -Article 9 false 18 Nonoperating (income) expense, net 3 us-gaap_NonoperatingIncomeExpense us-gaap true credit duration monetary No definition available. false false false false false false false false false false true negated false 1 false true false false 6200000 6.2 false false false 2 false true false false -16400000 -16.4 false false false The aggregate amount of income (expense) from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 5 false 19 Gain on sale of investment 3 us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposal us-gaap true credit duration monetary No definition available. false false false false false false false false false false true negated false 1 false false false false 0 0 false false false 2 false true false false -76500000 -76.5 false false false The gain (loss) resulting from the sale of a disposal group that is not a discontinued operation. It is included in income from continuing operations before income taxes in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 47 -Subparagraph b Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 37, 45 false 20 Income before provision for income taxes 3 mcd_IncomeLossFromContinuingOperationsBeforeIncomeTaxes mcd false credit duration monetary Sum of operating profit and nonoperating income (expense) before income taxes. false false false false false false false false false false false totallabel false 1 false true false false 1556900000 1556.9 false false false 2 false true false false 1372400000 1372.4 false false false Sum of operating profit and nonoperating income (expense) before income taxes. No authoritative reference available. true 21 Provision for income taxes 3 us-gaap_IncomeTaxExpenseBenefit us-gaap true debit duration monetary No definition available. false false false false false false false false false false false false 1 false true false false 467100000 467.1 false false false 2 false true false false 392900000 392.9 false false false The sum of the current income tax expense (benefit) and the deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 45 -Subparagraph a, b false 22 Net income 3 us-gaap_NetIncomeLoss us-gaap true credit duration monetary No definition available. false false false false false false false false false false false totallabel false 1 true true false false 1089800000 1089.8 false false false 2 true true false false 979500000 979.5 false false false The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 19 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph d Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A7 -Appendix A Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph a Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 20 -Article 9 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 10, 15 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Emerging Issues Task Force (EITF) -Number 87-21 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28, 29, 30 true 23 Net income per common share-basic: 3 us-gaap_EarningsPerShareBasic us-gaap true na duration decimal No definition available. false false false false false false false false false false false true 1 true true false false 1.01 1.01 false false false 2 true true false false 0.88 0.88 false false false The amount of net income or loss for the period per each share of common stock outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 21 -Article 9 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 36, 37, 38 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 20 -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 18 -Article 7 false 24 Net income per common share-diluted: 3 us-gaap_EarningsPerShareDiluted us-gaap true na duration decimal No definition available. false false false false false false false false false false false true 1 true true false false 1.00 1.00 false false false 2 true true false false 0.87 0.87 false false false The amount of net income or loss for the period per each share of common stock and dilutive common stock equivalents outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 11, 12, 36 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 20 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 18 -Article 7 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 21 -Article 9 false 25 Dividends declared per common share 3 us-gaap_CommonStockDividendsPerShareDeclared us-gaap true na duration decimal No definition available. false false false false false false false false false false false true 1 true true false false 0.55 0.55 false false false 2 true true false false 0.50 0.50 false false false Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 false 26 Weighted-average shares outstanding-basic 3 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic us-gaap true na duration shares No definition available. false false false false false false false false false false false false 1 false true false false 1076000000 1076.0 false false false 2 false true false false 1109600000 1109.6 false false false Number of [basic] shares, after adjustment for contingently issuable shares and other shares not deemed outstanding, determined by relating the portion of time within a reporting period that common shares have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 171 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -Subparagraph a Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 8 false 27 Weighted-average shares outstanding-diluted 3 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding us-gaap true na duration shares No definition available. false false false false false false false false false false false false 1 false true false false 1090100000 1090.1 false false false 2 false true false false 1124400000 1124.4 false false false The average number of shares issued and outstanding that are used in calculating diluted EPS, determined based on the timing of issuance of shares in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -Subparagraph a Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 8 false false 2 23 false HundredThousands HundredThousands Hundreds false true