McDonald's Corporation (MCD) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8998662,4641,2237,6862,0782,799
Cash and cash equivalents8998662,4641,2237,6862,0782,799
Receivables2,2242,4421,9761,4741,2991,2141,320
Inventory, net of allowances, customer advances and progress billings50515959100110124
Inventory50515959100110124
Disposal group, including discontinued operation  1741,527   
Other undisclosed current assets385695654565559783808
Total current assets:3,5584,0535,3274,8499,6434,1865,050
Noncurrent Assets
Operating lease, right-of-use asset13,261
Property, plant and equipment24,16022,84322,44821,25823,11824,55825,747
Long-term investments and receivables1,2701,2031,0867267931,0051,209
Long-term investments1,2701,2031,0867267931,0051,209
Intangible assets, net (including goodwill)2,6772,3322,3802,3372,5162,7352,873
Goodwill2,6772,3322,3802,3372,5162,7352,873
Other noncurrent assets2,5842,3812,5631,8551,8691,7991,747
Total noncurrent assets:43,95328,75828,47726,17528,29630,09631,576
TOTAL ASSETS:47,51132,81133,80431,02437,93934,28136,626
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,9051,9871,7441,5371,5721,5911,685
Accounts payable9881,2089257568758601,086
Taxes payable579482541534464497599
Interest and dividends payable338297278248233234 
Debt680  77   
Disposal group, including discontinued operation   695   
Other undisclosed current liabilities1,0369871,1461,1591,3791,1571,485
Total current liabilities:3,6212,9742,8913,4682,9502,7483,170
Noncurrent Liabilities
Long-term debt and lease obligation46,87631,07529,53625,87924,12214,99014,130
Long-term debt, excluding current maturities34,11831,07529,53625,87924,12214,99014,130
Operating lease, liability12,758
Liabilities, other than long-term debt3,9065,0214,6453,8813,7783,6903,317
Deferred revenue and credits628     
Accounts payable and accrued liabilities2,2662,0812,371    
Deferred revenue661
Deferred tax liabilities, net1,2161,1191,8171,7041,6251,648
Other liabilities9801,0961,1542,0642,0742,0661,669
Total noncurrent liabilities:50,78236,09634,18129,76027,90018,68017,447
Total liabilities:54,40339,07037,07233,22830,85121,42820,617
Stockholders' equity
Stockholders' equity attributable to parent(8,210)(6,258)(3,268)(2,204)7,08812,85316,010
Common stock17171717171717
Treasury stock, value(66,329)(61,529)(56,504)(52,109)(41,177)(35,177)(32,180)
Additional paid in capital7,6547,3767,0726,7586,5336,2395,994
Accumulated other comprehensive income (loss)(2,483)(2,610)(2,178)(3,093)(2,880)(1,520)428
Retained earnings52,93150,48748,32646,22344,59543,29541,751
Total stockholders' equity:(8,210)(6,258)(3,268)(2,204)7,08812,85316,010
Other undisclosed liabilities and equity1,318      
TOTAL LIABILITIES AND EQUITY:47,51132,81133,80431,02437,93934,28136,626

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues21,07721,02522,82024,62225,41327,44128,106
Revenue, net21,02522,82024,62225,41330,52631,206
Cost of revenue(9,777)(10,002)(11,036)(14,493)(15,833)(15,360)(15,371)
Cost of goods and services sold (1,973)(1,790)(1,718)(1,647)(1,697)(1,624)
Gross profit:11,29911,02311,78410,1299,58012,08212,735
Operating expenses(2,229)(2,200)(2,231)(2,385)(2,434)(4,132)(3,971)
Other operating income (expense), net1842371,163(76)(209)(19)247
Other undisclosed operating income (loss)(184)(237)(1,163)7620919(247)
Operating income:9,0708,8239,5537,7457,1467,9498,764
Nonoperating income (expense)70(25)(58)649(7)(38)
Interest and debt expense(1,122)(981)(921)(885)(638)(571)(522)
Income from continuing operations before equity method investments, income taxes:8,0187,8168,5746,8666,5567,3728,205
Income (loss) from equity method investments     (9)78
Income from continuing operations before income taxes:8,0187,8168,5746,8666,5567,3638,283
Income tax expense(1,993)(1,892)(3,381)(2,180)(2,026)(2,614)(2,619)
Net income:6,0255,9245,1924,6874,5294,7495,664
Other undisclosed net income (loss) attributable to parent     9(78)
Net income available to common stockholders, diluted:6,0255,9245,1924,6874,5294,7585,586

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:6,0255,9245,1924,6874,5294,7495,664
Other comprehensive income (loss)127(431)915(213)(1,360)(1,947)(369)
Comprehensive income:6,1525,4936,1074,4733,1692,8025,295
Other undisclosed comprehensive income (loss), net of tax, attributable to parent     9(78)
Comprehensive income, net of tax, attributable to parent:6,1525,4936,1074,4733,1692,8115,217

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.

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