SEC EDGAR Filing

Company: MCDONALDS CORP
CIK: 63908
Filing Type: 10-K
Filing Date: 2023-02-24
Period of Report: 2022-12-31
SIC Code: 5812
State of Incorporation: DE
State of Location: IL
Fiscal Year End: 1231

Filename: 63908_10K_2022_0000063908-23-000012.htm
Filing Index: https://www.sec.gov/Archives/edgar/data/63908/0000063908-23-000012-index.html
HTM Filing Link: https://www.sec.gov/Archives/edgar/data/63908/000006390823000012/mcd-20221231.htm
Complete Text Filing Link: https://www.sec.gov/Archives/edgar/data/63908/0000063908-23-000012.txt

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Item 1. Business
Item 1 Business Pages 3-7, 9-10

Item 1A. Risk Factors
Item 1A Risk Factors Pages 27-32

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

Item 2. Properties
Item 2 Properties Page 33

Item 3. Legal Proceedings
Item 3 Legal Proceedings Page 33

Item 4. Mine Safety Disclosures
Item 4 Mine Safety Disclosures Not applicable
Part II

Item 5. Market for Registrant's Common Equity
Item 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Page 26

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 8-35

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 35-57

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 62

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 34, (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 Stockholder Matters Page 62, (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 Accountant Fees and Services (a)
Part IV

Item 15. Exhibits and Financial Statement Schedules
Item 15 Exhibits and Financial Statement Schedules Pages 63-64
Item 16 Form 10-K Summary Not applicable
Signatures Page 66
(a) - The information required by this item is incorporated herein by reference from the Company's definitive proxy statement, which will be filed no later than 120 days after December 31, 2022.
McDonald's Corporation 2022 Annual Report 65
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/ Ian F. Borden
Ian F. Borden
Corporate Executive Vice President and Chief Financial Officer
February 24, 2023
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, 2023:
By /s/ Ian F. Borden By /s/ Christopher J. Kempczinski
Ian F. Borden Christopher J. Kempczinski
Corporate Executive Vice President and Chief Financial Officer President, Chief Executive Officer and Director
(Principal Financial Officer) (Principal Executive Officer)
By /s/ Anthony G. Capuano By /s/ Richard H. Lenny
Anthony G. Capuano Richard H. Lenny
Director Director
By /s/ Kareem Daniel By /s/ John J. Mulligan
Kareem Daniel John J. Mulligan
Director Director
By /s/ Lloyd H. Dean By /s/ John W. Rogers, Jr.
Lloyd H. Dean John W. Rogers, Jr.
Director Director
By /s/ Robert A. Eckert By /s/ Jennifer L. Taubert
Robert A. Eckert Jennifer L. Taubert
Director Director
By /s/ Catherine M. Engelbert By /s/ Paul S. Walsh
Catherine M. Engelbert Paul S. Walsh
Director Director
By /s/ Margaret H. Georgiadis By /s/ Amy E. Weaver
Margaret H. Georgiadis Amy E. Weaver
Director Director
By /s/ Enrique Hernandez, Jr. By /s/ Miles D. White
Enrique Hernandez, Jr. Miles D. White
Chairman of the Board and Director Director
By /s/ Catherine Hoovel
Catherine Hoovel
Corporate Senior Vice President - Corporate Controller
(Principal Accounting Officer)
McDonald's Corporation 2022 Annual Report 66