SEC EDGAR Filing

Company: MCDONALDS CORP
CIK: 63908
Filing Type: 10-K
Filing Date: 2022-02-24
Period of Report: 2021-12-31
SIC Code: 5812
State of Incorporation: DE
State of Location: IL
Fiscal Year End: 1231

Filename: 63908_10K_2021_0000063908-22-000011.htm
Filing Index: https://www.sec.gov/Archives/edgar/data/63908/0000063908-22-000011-index.html
HTM Filing Link: https://www.sec.gov/Archives/edgar/data/63908/000006390822000011/mcd-20211231.htm
Complete Text Filing Link: https://www.sec.gov/Archives/edgar/data/63908/0000063908-22-000011.txt

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Item 1. Business
Item 1 Business Pages 3-7

Item 1A. Risk Factors
Item 1A Risk Factors Pages 3, 28-34

Item 1B. Unresolved Staff Comments
Item 1B Unresolved Staff Comments Not applicable

Item 2. Properties
Item 2 Properties Page 35

Item 3. Legal Proceedings
Item 3 Legal Proceedings Pages 34-35

Item 4. Mine Safety Disclosures
Item 4 Mine Safety Disclosures Not applicable
Additional Item Information About our Executive Officers Page 36
Part II

Item 5. Market for Registrant's Common Equity
Item 5 Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities Page 27

Item 6. Selected Financial Data
Item 6 [Reserved] Not applicable

Item 7. Management's Discussion and Analysis
Item 7 Management’s Discussion and Analysis of Financial Condition and Results of Operations Pages 8-37

Item 7A. Quantitative and Qualitative Disclosures About Market Risk
Item 7A Quantitative and Qualitative Disclosures About Market Risk Pages 22-23

Item 8. Financial Statements and Supplementary Data
Item 8 Financial Statements and Supplementary Data Pages 38-59

Item 9. Changes in and Disagreements with Accountants
Item 9 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure Not applicable

Item 9A. Controls and Procedures
Item 9A Controls and Procedures Page 64

Item 9B. Other Information
Item 9B Other Information Not applicable
Item 9C Disclosure Regarding Foreign Jurisdictions that Prevent Inspections Not applicable
Part III

Item 10. Directors, Executive Officers and Corporate Governance
Item 10 Directors, Executive Officers and Corporate Governance Page 36, (a)

Item 11. Executive Compensation
Item 11 Executive Compensation (a)

Item 12. Security Ownership of Certain Beneficial Owners and Management
Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters Page 64, (a)

Item 13. Certain Relationships and Related Transactions
Item 13 Certain Relationships and Related Transactions, and Director Independence (a)

Item 14. Principal Accountant Fees and Services
Item 14 Principal Accounting Fees and Services (a)
Part IV

Item 15. Exhibits and Financial Statement Schedules
Item 15 Exhibits and Financial Statement Schedules Pages 65-67
Item 16 Form 10-K Summary Not applicable
Signatures Page 69
(a) - Incorporated herein by reference from the Company's definitive proxy statement, which will be filed no later than 120 days after December 31, 2021.
McDonald's Corporation 2021 Annual Report 68
Signatures
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
McDonald’s Corporation
(Registrant)
By /s/ Kevin M. Ozan
Kevin M. Ozan
Corporate Executive Vice President and Chief Financial Officer
February 24, 2022
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated below on the 24th day of February, 2022:
By /s/ Lloyd H. Dean By /s/ Richard H. Lenny
Lloyd H. Dean Richard H. Lenny
Director Director
By /s/ Robert A. Eckert By /s/ John J. Mulligan
Robert A. Eckert John J. Mulligan
Director Director
By /s/ Catherine M. Engelbert By /s/ Kevin M. Ozan
Catherine M. Engelbert Kevin M. Ozan
Director Corporate Executive Vice President and Chief Financial Officer
(Principal Financial Officer)
By /s/ Margaret H. Georgiadis By /s/ Sheila A. Penrose
Margaret H. Georgiadis Sheila A. Penrose
Director Director
By /s/ Enrique Hernandez, Jr. By /s/ John W. Rogers, Jr.
Enrique Hernandez, Jr. John W. Rogers, Jr.
Chairman of the Board and Director Director
By /s/ Catherine Hoovel By /s/ Paul S. Walsh
Catherine Hoovel Paul S. Walsh
Corporate Senior Vice President - Corporate Controller Director
(Principal Accounting Officer)
By /s/ Christopher J. Kempczinski By /s/ Miles D. White
Christopher J. Kempczinski Miles D. White
President, Chief Executive Officer and Director Director
(Principal Executive Officer)
McDonald's Corporation 2021 Annual Report 69