Heard during McDonald's conference presentation

|About: McDonald's Corporation (MCD)|By:, SA News Editor

McDonald's (MCD -0.8%) will return $18B-$20B to shareholders through dividends and share repurchases.

The company plans to refranchise up to 1.5K restaurants by the end of 2016.

CEO Don Thompson skirts questions on raising the minimum wage in the U.S. The exec wants the rising cost of health care factored into the debate.

Management takes a few cracks at Taco Bell's breakfast roll-out. Mickey D's has a real kitchen is the synopsis.

Sanford Bernstein Strategic Decisions Conference webcast