McDonald's Corporation (MCD) financial statements (2021 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,4498998662,4641,2237,6862,078
Cash and cash equivalents3,4498998662,4641,2237,6862,078
Receivables2,1102,2242,4421,9761,4741,2991,214
Inventory, net of allowances, customer advances and progress billings5150515959100110
Inventory5150515959100110
Disposal group, including discontinued operation   1741,527  
Other undisclosed current assets633385695654565559783
Total current assets:6,2433,5584,0535,3274,8499,6434,186
Noncurrent Assets
Operating lease, right-of-use asset13,82813,261
Property, plant and equipment24,95824,16022,84322,44821,25823,11824,558
Long-term investments and receivables1,2971,2701,2031,0867267931,005
Long-term investments1,2971,2701,2031,0867267931,005
Intangible assets, net (including goodwill)2,7732,6772,3322,3802,3372,5162,735
Goodwill2,7732,6772,3322,3802,3372,5162,735
Other noncurrent assets3,5272,5842,3812,5631,8551,8691,799
Total noncurrent assets:46,38443,95328,75828,47726,17528,29630,096
TOTAL ASSETS:52,62747,51132,81133,80431,02437,93934,281
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,0981,9051,9871,7441,5371,5721,591
Accounts payable7419881,208925756875860
Taxes payable968579482541534464497
Interest and dividends payable388338297278248233234
Debt2,244680  77  
Disposal group, including discontinued operation    695  
Other undisclosed current liabilities1,8401,0369871,1461,1591,3791,157
Total current liabilities:6,1813,6212,9742,8913,4682,9502,748
Noncurrent Liabilities
Long-term debt and lease obligation48,51846,87631,07529,53625,87924,12214,990
Long-term debt, excluding current maturities35,19734,11831,07529,53625,87924,12214,990
Operating lease, liability13,32112,758
Liabilities, other than long-term debt5,7523,9065,0214,6453,8813,7783,690
Deferred revenue and credits628    
Accounts payable and accrued liabilities1,9712,2662,0812,371   
Deferred revenue702661
Deferred tax liabilities, net1,2161,1191,8171,7041,625
Deferred income tax liabilities2,026 
Other liabilities1,0549801,0961,1542,0642,0742,066
Total noncurrent liabilities:54,27150,78236,09634,18129,76027,90018,680
Total liabilities:60,45254,40339,07037,07233,22830,85121,428
Stockholders' equity
Stockholders' equity attributable to parent(7,825)(8,210)(6,258)(3,268)(2,204)7,08812,853
Common stock17171717171717
Treasury stock, value(67,066)(66,329)(61,529)(56,504)(52,109)(41,177)(35,177)
Additional paid in capital7,9047,6547,3767,0726,7586,5336,239
Accumulated other comprehensive loss(2,587)(2,483)(2,610)(2,178)(3,093)(2,880)(1,520)
Retained earnings53,90852,93150,48748,32646,22344,59543,295
Total stockholders' equity:(7,825)(8,210)(6,258)(3,268)(2,204)7,08812,853
Other undisclosed liabilities and equity 1,318     
TOTAL LIABILITIES AND EQUITY:52,62747,51132,81133,80431,02437,93934,281

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues19,20821,07721,02522,82024,62225,41327,441
Revenue, net21,02522,82024,62225,41330,526
Cost of revenue(9,639)(9,777)(10,002)(11,036)(14,493)(15,833)(15,360)
Cost of goods and services sold  (1,973)(1,790)(1,718)(1,647)(1,697)
Gross profit:9,56911,29911,02311,78410,1299,58012,082
Operating expenses(2,245)(2,229)(2,200)(2,231)(2,385)(2,434)(4,132)
Other operating income (expense), net1181842371,163(76)(209)(19)
Other expenses(267)      
Other undisclosed operating income (loss)(118)(184)(237)(1,163)7620919
Operating income:7,3249,0708,8239,5537,7457,1467,949
Nonoperating income (expense)3570(25)(58)649(7)
Interest and debt expense(1,218)(1,122)(981)(921)(885)(638)(571)
Income from continuing operations before equity method investments, income taxes:6,1418,0187,8168,5746,8666,5567,372
Loss from equity method investments      (9)
Income from continuing operations before income taxes:6,1418,0187,8168,5746,8666,5567,363
Income tax expense(1,410)(1,993)(1,892)(3,381)(2,180)(2,026)(2,614)
Net income:4,7316,0255,9245,1924,6874,5294,749
Other undisclosed net income attributable to parent      9
Net income available to common stockholders, diluted:4,7316,0255,9245,1924,6874,5294,758

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:4,7316,0255,9245,1924,6874,5294,749
Other comprehensive income (loss)(104)127(431)915(213)(1,360)(1,947)
Comprehensive income:4,6266,1525,4936,1074,4733,1692,802
Other undisclosed comprehensive income, net of tax, attributable to parent      9
Comprehensive income, net of tax, attributable to parent:4,6266,1525,4936,1074,4733,1692,811

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: