beatandraise : SEC Filings Research with AI

beatandraise.com

2.2.0.25falsefalse103 - Statement - CONSOLIDATED STATEMENT OF INCOMEtruefalseIn Millions, except Per Share datafalse1falsefalseUSDfalsefalse1/1/2010 - 12/31/2010 USD ($) USD ($) / shares $eol_PE2163----1010-K0023_STD_365_20101231_0http://www.sec.gov/CIK0000063908duration2010-01-01T00:00:002010-12-31T00:00:00iso4217_USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170pureStandardhttp://www.xbrl.org/2003/instancepure0YearStandardhttp://www.mcdonalds.com/20101231Yearmcd0sharesStandardhttp://www.xbrl.org/2003/instanceshares0iso4217_USD_per_sharesDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instanceshares0USDUSD$2falsefalseUSDfalsefalse1/1/2009 - 12/31/2009 USD ($) USD ($) / shares $eol_PE2163----1010-K0023_STD_365_20091231_0http://www.sec.gov/CIK0000063908duration2009-01-01T00:00:002009-12-31T00:00:00iso4217_USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170sharesStandardhttp://www.xbrl.org/2003/instanceshares0iso4217_USD_per_sharesDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instanceshares0pureStandardhttp://www.xbrl.org/2003/instancepure0YearStandardhttp://www.mcdonalds.com/20101231Yearmcd0USDUSD$3falsefalseUSDfalsefalse1/1/2008 - 12/31/2008 USD ($) USD ($) / shares $eol_PE2163----1010-K0023_STD_366_20081231_0http://www.sec.gov/CIK0000063908duration2008-01-01T00:00:002008-12-31T00:00:00iso4217_USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170sharesStandardhttp://www.xbrl.org/2003/instanceshares0iso4217_USD_per_sharesDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instanceshares0pureStandardhttp://www.xbrl.org/2003/instancepure0YearStandardhttp://www.mcdonalds.com/20101231Yearmcd0USDUSD$5true0us-gaap_RevenuesAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseRevenues6false0us-gaap_SalesRevenueGoodsNetus-gaaptruecreditdurationNo definition available.fa lsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse1623330000016233.3falsetruefalsefalsefalse2truefalsefalse1545850000015458.5falsetruefalsefalsefalse3truefalsefalse1656090000016560.9falsetruefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryAggregate 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 falsefalseSales by Company-operated restaurants7false0us-gaap_FranchiseRevenueus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse78413000007841.3falsefalsefalsefalsefalse2truefalsefalse72862000007286.2falsefalsefalsefalsefalse3truefalsefalse69615000006961.5falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryRevenue 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.f alsefalseRevenues from franchised restaurants8false0us-gaap_Revenuesus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse2407460000024074.6falsefalsefalsefalsefalse2truefalsefalse2274470000022744.7falsefalsefalsefalsefalse3truefalsefalse2352240000023522.4falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryAggregate 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 truefalseTotal revenues10true0mcd_CompanyOperatedRestaurantExpensesAbstractmcdfalsenadurationCompany-operated restaurant expenses [Abstract]falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsefalse00falsefalsefalsefalsefalse3falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringCompany-operated restaurant expenses [Abstract]falsefalseCompany-operated restaurant expenses11false0mcd_FoodAndPaperCostsmcdfalsedebitdurat ionCost of raw products and paper items, such as cups, wrapping and lids, used in the course of preparing and serving restaurant...falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse53001000005300.1falsefalse falsefalsefalse2truefalsefalse51780000005178.0falsefalsefalsefalsefalse3truefalsefalse55861000005586.1falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCost of raw products and paper items, such as cups, wrapping and lids, used in the course of preparing and serving restaurant menu items, freight, and non-product costs from outside vendors used in generating sales.No authoritative reference available.falsefalseFood & paper12false0mcd_PayrollAndEmployeeBenefitsmcdfalsedebitduration< ShortDefinition>Costs of crew labor, management labor and payroll taxes along with health insurance, bonuses and profit sharing, short-term...falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse41214000004121.4falsefalsefalsefalsefalse2truefalsefalse39656000003965.6falsefalsefalsefalsefalse3truefalsefalse43001000004300.1falsefal sefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCosts of crew labor, management labor and payroll taxes along with health insurance, bonuses and profit sharing, short-term disability and other employee related benefit.No authoritative reference available.falsefalsePayroll & employee benefits13false0mcd_OccupancyAndOtherOperatingExpensesmcdfalsedebitdurationCost of rent for ground a nd top leases to third party owners of land and/or buildings of which company-operated restaurants...falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse36380000003638.0falsefalsefalsefalsefalse2truefalsefalse35076000003507.6falsefalsefalsefalsefalse3truefalsefalse37667000003766.7falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCost of rent for ground and top leases to third party owners of land and/or buildings of which company-operated restaurants are operated, as well as the depreciation of tangible assets (equipment, signs, seating, decor and leasehold improvements), company-operated restaurant buildings/leaseholds and the amortization of reacquired franchise rights, and the cost of advertising, promotion, operating supplies, maintenance and repair, insurance, taxes and licenses, credit/debit card processing fees, etc.No authoritative reference available.falsefalseOccupancy & other operating expenses14false0us-gaap_FranchiseCostsus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse13778000001377.8falsefalsefalsefalsefalse2truefalsefalse13017000001301.7falsefalsefalsefalsefalse3truefalsefalse12303000001230.3falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryCosts incurred and are directly related to generating franchise revenues.No authoritative reference available.falsefalseFranchised restaurants-occupancy expenses15false0us-gaap_SellingGeneralAndAdministrativeExpenseus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse23333000002333.3falsefalsefalsefalse< /hasSegments>false2truefalsefalse22342000002234.2falsefalsefalsefalsefalse3truefalsefalse23555000002355.5falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe 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 falsefalseSelling, general & administrative expenses16false0us-gaap_RestructuringSettlementAndImpairmentProvisionsus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1truefalsefalse2910000029.1falsefalsefalsefalsefalse2truefalsefalse-61100000-61.1falsefalsefalsefalsefalse3truefalsefalse60000006.0falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe 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 .falsefalseImpairment and other charges (credits), net17false0mcd_OtherOperatingIncomeExpensemcdfalsecreditdurationThe total amount of other operating income and expenses, net, not previously categorized, from items that are associated with...falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverbo selabel1truefalsefalse-198200000-198.2falsefalsefalsefalsefalse2truefalsefalse-222300000-222.3falsefalsefalsefalsefalse3truefalsefalse-165200000-165.2falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe 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 availab le.falsefalseOther operating (income) expense, net18false0us-gaap_CostsAndExpensesus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse1660150000016601.5falsefalsefalsefalsefalse2truefalsefalse1590370000015903.7falsefalsefalsefalsefalse3truefalsefalse1707950000017079.5falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryTotal costs of sales and operating expenses for the period.No authoritative reference available.truefalseTotal operating costs and expenses19false0us-gaap_OperatingIncomeLossus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse74731000007473.1falsefalsefalsefalsefalse2truefalsefalse68410000006841.0falsefalsefalsefalsefalse3truefalsefalse64429000006442.9falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe net result for the period of deducting operating expenses from operating revenues.No authoritative reference available.truefalseOperating income20false0us-gaap_InterestExpenseus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse450900000450.9falsefalsefalsefalsefalse2truefalsefalse473200000473.2falsefalsefalsefalsefalse3truefalsefalse522600000522.6falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe 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 falsefalseInterest expense-net of capitalized interest of $12.0, $11.7 and $12.321false0us-gaap_NonoperatingIncomeExpenseus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1truefalsefalse2190000021.9falsefalsefalsefalsefalse2truefalsefalse-24300000-24.3falsefalsefalsefalsefalse 3truefalsefalse-77600000-77.6falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe 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 falsefalseNonoperating (income) expense, net22false0us-gaap_DisposalGroupNotDiscontinuedOperationGainLossOnDisposalus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsetruenegated1fals efalsefalse00falsefalsefalsefalsefalse2truefalsefalse-94900000-94.9falsefalsefalsefalsefalse3truefalsefalse-160100000-160.1falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe 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 falsefalseGain on sale of investment23false0mcd_IncomeLossFromContinuingOperationsBeforeIncomeTaxesmcdfalsecreditdurationSum of operating profit and nonoperating income (expense) before income taxes.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse70003000007000.3falsefalsefalsefalsefalse2truefalsefalse64870000006487.0falsefalsefalsefalsefalse3truefalsefalse61580000006158.0falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetarySum of operating profit and nonoperating income (expense) before income taxes.No authoritative reference available.truefalseIncome before provision for income taxes 24false0us-gaap_IncomeTaxExpenseBenefitus-gaaptruedebitdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse20540000002054.0< NonNumericTextHeader />falsefalsefalsefalsefalse2truefalsefalse19360000001936.0falsefalsefalsefalsefalse3truefalsefalse18448000001844.8falsefalsefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe 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 falsefalseProvision for income taxes25false0us-gaap_NetIncomeLossus-gaaptruecreditdurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalsetotallabel1truefalsefalse49463000004946.3falsetruefalsefalsefalse2truefalsefalse45510000004551.0falsetruefalsefalsefalse3truefalse< /IsRatio>false43132000004313.2falsetruefalsefalsefalseMonetaryxbrli:monetaryItemTypemonetaryThe 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 truefalseNet income26false0us-gaap_EarningsPerShareBasicus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truefalsefalse4.644.64falsetruefalsefalsefalse2truefalsefalse4.174.17falsetruefalsefalsefalse3truefalsefalse3.833.83falsetruefalsefalsefalseEPSus-types:perShareItemTypedecimalThe 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: 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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 falsetrueDividends declared per common share29false0us-gaap_WeightedAverageNumberOfSharesOutstandingBasicus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1truefalsefalse10660000001066.0falsefalsefalsefalsefalse2truefalsefalse10922000001092.2falsefalsefalsefalsefalse3truefalsefalse11266000001126.6falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesNumber 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/presen tationRef -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 falsefalseWeighted-average shares outstanding-basic30false0us-gaap_WeightedAverageNumberOfDilutedSharesOutstandingus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseterselabel1true< /IsNumeric>falsefalse10803000001080.3falsefalsefalsefalsefalse2truefalsefalse11074000001107.4falsefalsefalsefalsefalse3 truefalsefalse11460000001146.0falsefalsefalsefalsefalseSharesxbrli:sharesItemTypesharesThe 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: 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