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      <filerInfo>
        <filer>
          <filerCredentials>
            <cik>0001685800</cik>
            <ccc>XXXXXXXX</ccc>
          </filerCredentials>
        </filer>
        <liveTestFlag>LIVE</liveTestFlag>
  
  
  
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    </headerData>
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      <issuerInfo>
        <issuerCik>0000063908</issuerCik>
        <issuerName>MCDONALDS CORP</issuerName>
        <secFileNumber>001-05231</secFileNumber>
        <issuerAddress>
          <com:street1>110 NORTH CARPENTER STREET</com:street1>
          <com:city>CHICAGO</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60607</com:zipCode>
        </issuerAddress>
        <issuerContactPhone>630 623 3000</issuerContactPhone>
        <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Erlinger Joseph M.</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
        <relationshipsToIssuer>
          <relationshipToIssuer>Officer</relationshipToIssuer>
        </relationshipsToIssuer>
      </issuerInfo>
      <securitiesInformation>
        <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
        <brokerOrMarketmakerDetails>
          <name>MERRILL LYNCH</name>
          <address>
            <com:street1>3455 PEACHTREE RD NE</com:street1>
            <com:street2>SUITE 1000</com:street2>
            <com:city>ATLANTA</com:city>
            <com:stateOrCountry>GA</com:stateOrCountry>
            <com:zipCode>30326</com:zipCode>
          </address>
        </brokerOrMarketmakerDetails>
        <noOfUnitsSold>4487</noOfUnitsSold>
        <aggregateMarketValue>1265424.00</aggregateMarketValue>
        <noOfUnitsOutstanding>728763452</noOfUnitsOutstanding>
        <approxSaleDate>08/23/2023</approxSaleDate>
        <securitiesExchangeName>NEW YORK</securitiesExchangeName>
      </securitiesInformation>
      <securitiesToBeSold>
        <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
        <acquiredDate>08/23/2023</acquiredDate>
        <natureOfAcquisitionTransaction>STOCK OPTION EXERCISE AND SALE</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>MCDONALD'S CORPORATION</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>3861</amountOfSecuritiesAcquired>
        <paymentDate>08/23/2023</paymentDate>
        <natureOfPayment>COMPENSATORY PAYMENT</natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
        <acquiredDate>02/18/2023</acquiredDate>
        <natureOfAcquisitionTransaction>PERFORMANCE STOCK PAYMENT</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>MCDONALD'S CORPORATION</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>626</amountOfSecuritiesAcquired>
        <paymentDate>02/18/2023</paymentDate>
        <natureOfPayment>COMPENSATORY PAYMENT</natureOfPayment>
      </securitiesToBeSold>
      <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>JOSEPH ERLINGER</name>
          <address>
            <com:street1>110 NORTH CARPENTER STREET</com:street1>
            <com:city>CHICAGO</com:city>
            <com:stateOrCountry>IL</com:stateOrCountry>
            <com:zipCode>60607</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
        <saleDate>06/23/2023</saleDate>
        <amountOfSecuritiesSold>4487</amountOfSecuritiesSold>
        <grossProceeds>1307288.00</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>JOSEPH ERLINGER</name>
          <address>
            <com:street1>110 NORTH CARPENTER STREET</com:street1>
            <com:city>CHICAGO</com:city>
            <com:stateOrCountry>IL</com:stateOrCountry>
            <com:zipCode>60607</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>COMMON STOCK</securitiesClassTitle>
        <saleDate>07/21/2023</saleDate>
        <amountOfSecuritiesSold>4487</amountOfSecuritiesSold>
        <grossProceeds>1336543.00</grossProceeds>
      </securitiesSoldInPast3Months>
      <noticeSignature>
        <noticeDate>08/23/2023</noticeDate>
        <planAdoptionDates>
          <planAdoptionDate>02/01/2023</planAdoptionDate>
        </planAdoptionDates>
        <signature>JOSEPH ERLINGER</signature>
      </noticeSignature>
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text: 144
  0001685800
  XXXXXXXX
  LIVE
  0000063908
  MCDONALDS CORP
  001-05231
  110 NORTH CARPENTER STREET
  CHICAGO
  IL
  60607
  630 623 3000
  Erlinger Joseph M.
  Officer
  COMMON STOCK
  MERRILL LYNCH
  3455 PEACHTREE RD NE
  SUITE 1000
  ATLANTA
  GA
  30326
  4487
  1265424.00
  728763452
  08/23/2023
  NEW YORK
  COMMON STOCK
  08/23/2023
  STOCK OPTION EXERCISE AND SALE
  MCDONALD'S CORPORATION
  N
  3861
  08/23/2023
  COMPENSATORY PAYMENT
  COMMON STOCK
  02/18/2023
  PERFORMANCE STOCK PAYMENT
  MCDONALD'S CORPORATION
  N
  626
  02/18/2023
  COMPENSATORY PAYMENT
  N
  JOSEPH ERLINGER
  110 NORTH CARPENTER STREET
  CHICAGO
  IL
  60607
  COMMON STOCK
  06/23/2023
  4487
  1307288.00
  JOSEPH ERLINGER
  110 NORTH CARPENTER STREET
  CHICAGO
  IL
  60607
  COMMON STOCK
  07/21/2023
  4487
  1336543.00
  08/23/2023
  02/01/2023
  JOSEPH ERLINGER