Exhibit 21. Subsidiaries of the Registrant

Name of Subsidiary [State or Country of Incorporation]

Domestic Subsidiaries

McD Europe Franchising LLC [Delaware]

McDonald's Deutschland LLC [Delaware]

McDonald's Development Italy LLC [Delaware]

McDonald's Global Markets LLC [Delaware]

McDonald's International Property Company, Ltd. [Delaware]

McDonald's Real Estate Company [Delaware]

McDonald's Restaurant Operations Inc. [Delaware]

McDonald's USA, LLC [Delaware]

McD Asia Pacific, LLC [Delaware]

Foreign Subsidiaries

3072447 Nova Scotia Company [Canada]

Asia Pacific McD Franchising [United Kingdom]

Limited Liability Company "NRO" [Russia]

Moscow-McDonalds [Russia]

McDonald's Limited Liability Company [Russia]

McD APMEA Singapore Investments Pte. Ltd. [Singapore]

MCD Europe Limited [United Kingdom]

MCD Global Franchising Limited [United Kingdom]

McDonald's Australia Limited [Australia]

McDonald's France S.A.S. [France]

McDonald's Franchise GmbH [Austria]

McDonald's GmbH [Germany]

McDonald's Immobilien Gesellschaft mit beschränkter Haftung [Germany]

McDonald's Nederland B.V. [Netherlands]

McDonald's Polska Sp. z o.o [Poland]

McDonald's Real Estate LLP [United Kingdom]

McDonald's Restaurants Limited [United Kingdom]

McDonald's Restaurants of Canada Limited [Canada]

McDonald's Suisse Development Sàrl [Switzerland]

McDonald's Suisse Franchise Sàrl [Switzerland]

McDonald's Suisse Restaurants Sàrl [Switzerland]

Restaurantes McDonald's, S.A.U. [Spain]

The names of certain subsidiaries have been omitted because they do not constitute significant subsidiaries. These include, but are not limited to: McDonald's Latin America, LLC [Delaware] and other domestic and foreign, direct and indirect subsidiaries of the registrant, including 49 wholly-owned subsidiaries of McDonald's USA, LLC, many of which operate one or more McDonald's restaurants within the United States and the District of Columbia.

[    ] Brackets indicate state or country of incorporation and do not form part of corporate name.