McDonald's Corporation (MCD) Financial Statements (2024 and earlier)

Company Profile

Business Address 110 NORTH CARPENTER STREET
CHICAGO, IL 60607
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,6263,7082,5842,8281,8732,336
Cash and cash equivalents1,6263,7082,5842,8281,8732,336
Receivables2,1942,0762,1151,8901,8371,674
Inventory, net of allowances, customer advances and progress billings525252434350
Inventory525252434350
Other undisclosed current assets1,0749646739791,167597
Total current assets:4,9456,7995,4245,7414,9194,656
Noncurrent Assets
Operating lease, right-of-use asset12,51912,54412,56612,19312,79413,379
Property, plant and equipment24,10223,85923,77422,69823,33524,435
Long-term investments and receivables1,0391,0881,0659641,0741,177
Long-term investments1,0391,0881,0659641,0741,177
Intangible assets, net (including goodwill)2,9692,9312,9002,6512,7222,814
Goodwill2,9692,9312,9002,6512,7222,814
Other noncurrent assets4,8694,7954,7074,2554,4034,417
Total noncurrent assets:45,49745,21645,01142,76144,32946,221
TOTAL ASSETS:50,44252,01450,43648,50249,24850,878
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,7802,2451,9041,7031,7721,905
Interest and dividends payable365393318313322
Taxes payable1,069530590720864
Accounts payable807812980795739719
Accrued liabilities973     
Debt  524    
Other undisclosed current liabilities1,8941,8551,8991,7831,7082,329
Total current liabilities:3,6744,6253,8023,4863,4804,235
Noncurrent Liabilities
Long-term debt and lease obligation35,71036,60435,90446,63346,89646,861
Long-term debt, excluding current maturities35,71036,60435,90434,86634,57733,989
Liabilities, other than long-term debt16,05716,56216,7334,9495,2425,773
Accounts payable and accrued liabilities5537377921,0851,2361,890
Deferred revenue769761758728733743
Deferred income tax liabilities1,6201,8831,9982,1452,2502,049
Other liabilities1,0421,0591,0529911,0231,092
Operating lease, liability12,07412,12312,13411,76712,31912,872
Total noncurrent liabilities:51,76753,16652,63751,58252,13852,634
Total liabilities:55,44157,79156,43955,06855,61856,869
Equity
Equity, attributable to parent(4,999)(5,776)(6,003)(6,566)(6,370)(5,991)
Common stock171717171717
Treasury stock, value(72,733)(72,174)(71,624)(71,235)(70,304)(69,287)
Additional paid in capital8,7368,6368,5478,4608,3798,307
Accumulated other comprehensive loss(2,456)(2,489)(2,487)(2,560)(2,246)(2,642)
Retained earnings61,43760,23559,54458,75257,78557,614
Total equity:(4,999)(5,776)(6,003)(6,566)(6,370)(5,991)
TOTAL LIABILITIES AND EQUITY:50,44252,01450,43648,50249,24850,878

Income Statement (P&L) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues6,4985,8985,9275,8725,7185,666
Cost of revenue(2,826)(2,812)(2,624)(2,532)(3,395)(2,769)
Cost of goods and services sold(618)(598) (589)(589)(584)
Gross profit:3,6723,0863,3033,3402,3232,897
Operating expenses(568)(553)(720)(576)(611)(584)
Other operating income (expense), net36(129)(15)(13)(886)(61)
Other expenses(57)(63)(57)(57)(58)(72)
Other undisclosed operating income (loss)(36)129151388661
Operating income:3,1042,5322,5832,7641,7122,313
Nonoperating income (expense)43647979(12)(484)
Investment income, nonoperating1,4101,303(3,172)1,3011,2401,169
Interest and debt expense(330)(330)(323)(306)(291)(287)
Income from continuing operations before income taxes:2,8172,2672,3392,5361,4091,541
Income tax expense(506)(465)(436)(555)(221)(437)
Income from continuing operations:2,3101,8021,9031,9821,1881,104
Income before gain (loss) on sale of properties:1,9821,1881,104
Net income available to common stockholders, diluted:2,3101,8021,9031,9821,1881,104

Comprehensive Income ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:2,3101,8021,9031,9821,1881,104
Other comprehensive income (loss)34(3)73(313)396(68)
Comprehensive income, net of tax, attributable to parent:2,3441,8001,9771,6681,5841,036

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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