← MCDONALDS CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $4.7b |
$5.2b
+10.79%
|
$5.9b
+14.10%
|
$6.0b
+1.71%
|
$4.7b
-21.49%
|
$7.5b
+59.50%
|
$6.2b
-18.13%
|
$8.5b
+37.09%
|
$8.2b
-2.90%
|
$8.6b
+4.13%
|
— | |
| Depreciation | $1.4b | $1.2b | $1.3b | $1.4b | $1.5b | $1.5b | $1.5b | $1.5b | $1.5b | $1.6b | $2.3b | |
| Depreciation, Depletion and Amortization | $1.5b | $1.4b | $1.5b | $1.6b | $300.6m | $329.7m | $370.4m | $381.7m | $447.0m | $457.0m | $2.3b | |
| Deferred Income Tax Expense (Benefit) | ($538.6m) | ($36.4m) | $102.6m | $149.7m | $6.4m | ($428.3m) | ($345.7m) | ($686.4m) | ($574.0m) | ($126.0m) | ($37.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $131.3m | $117.5m | $125.1m | $109.6m | $92.4m | $139.2m | $166.7m | $175.2m | $172.0m | $165.0m | $175.0m | |
| Share-based compensation expense | $131.3m | $117.5m | $125.1m | $109.6m | $92.4m | $139.2m | $166.7m | $175.2m | $172.0m | $165.0m | $175.0m | |
| Goodwill, Impairment Loss | $39.9m | — | ($1.1m) | ($99.4m) | $0 | — | — | — | — | — | — | |
| Restructuring Costs and Asset Impairment Charges | $341.6m | ($702.8m) | $231.7m | $74.3m | ($267.5m) | ($285.4m) | $1.0b | $362.3m | $291.0m | $229.0m | — | |
| Income (Loss) from Equity Method Investments | $54.8m | $183.7m | $151.5m | $153.8m | $117.4m | $176.7m | $113.2m | $153.4m | $157.0m | $190.0m | — | |
| Nonoperating Income (Expense) | $6.3m | ($57.9m) | ($25.3m) | $70.2m | $34.8m | ($42.3m) | ($338.6m) | $236.3m | $139.0m | $87.0m | — | |
| Payments to Acquire Equity Method Investments | — | — | — | — | — | — | $0 | $0 | $1.8b | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Accounts receivable | ($159.0m) | ($340.7m) | ($479.4m) | $27.0m | ($6.8m) | $309.9m | ($264.1m) | ($161.0m) | $10.0m | $231.0m | $231.0m | |
| Inventories, prepaid expenses and other current assets | $28.1m | ($37.3m) | ($1.9m) | $128.8m | ($68.6m) | ($62.2m) | $5.6m | $16.7m | $71.0m | ($140.0m) | — | |
| Accounts payable | $89.8m | ($59.7m) | $129.4m | ($26.8m) | ($137.5m) | $225.0m | $31.3m | $50.4m | ($10.0m) | $100.0m | $100.0m | |
| Accrued capital expenditures | $1.8b | $1.9b | $2.7b | $2.4b | $1.6b | $2.0b | $1.9b | $2.4b | $2.8b | $3.4b | — | |
| Other accrued liabilities | $38.4m | ($146.4m) | ($87.4m) | ($3.9m) | $44.4m | $284.0m | $129.3m | $206.2m | ($217.0m) | $154.0m | — | |
| Other | ($3.0m) | ($20.5m) | ($20.0m) | ($23.5m) | ($122.0m) | ($46.7m) | $38.2m | ($39.6m) | ($56.0m) | ($167.0m) | — | |
| Other Operating Income (Expense), Net | ($75.7m) | $1.2b | $236.8m | $183.9m | $117.5m | $483.3m | ($973.6m) | ($98.9m) | ($139.0m) | ($2.0m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $6.1b |
$5.6b
-8.39%
|
$7.0b
+25.50%
|
$8.1b
+16.58%
|
$6.3b
-22.86%
|
$9.1b
+45.91%
|
$7.4b
-19.20%
|
$9.6b
+30.12%
|
$9.4b
-1.72%
|
$10.6b
+11.69%
|
$11.3b
+7.54%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.8b | $1.9b | $2.7b | $2.4b | $1.6b | $2.0b | $1.9b | $2.4b | $2.8b | $3.4b | ($3.6b) | |
| Sales of property | $82.9m | $166.8m | $160.4m | $151.2m | $27.4m | $106.2m | $38.9m | $94.9m | $122.0m | $130.0m | — | |
| Payments for (Proceeds from) Other Investing Activities | $109.5m | $245.9m | $302.9m | $628.5m | ($57.4m) | $53.9m | $456.7m | $676.1m | $498.0m | $579.0m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($981.6m) | $562.0m | ($2.5b) | ($3.1b) | ($1.5b) | ($2.2b) | ($2.7b) | ($3.2b) | ($5.3b) | ($3.8b) | ($3.8b) | |
| Cash flows from financing activities: | ||||||||||||
| Net short-term borrowings | ($286.2m) | ($1.1b) | $95.9m | $799.2m | ($893.1m) | $15.1m | $25.5m | $212.8m | $326.0m | $6.0m | — | |
| Proceeds from Issuance of Long-term Debt | $3.8b | $4.7b | $3.8b | $4.5b | $5.5b | $1.2b | $3.4b | $5.2b | $2.4b | $4.7b | $3.0b | |
| Repayments of Long-term Debt | $822.9m | $1.6b | $1.8b | $2.1b | $2.4b | $2.2b | $2.2b | $2.4b | $2.8b | $4.8b | ($4.0b) | |
| Common stock dividends | ($3k) | ($3k) | ($3k) | ($4k) | ($4k) | ($4k) | ($4k) | ($5k) | ($5k) | ($5k) | — | |
| Payments for Repurchase of Common Stock | $11.2b | $4.7b | $5.2b | $5.0b | $907.8m | $845.5m | $3.9b | $3.1b | $2.8b | $2.1b | — | |
| Payments of Ordinary Dividends, Common Stock | $3.1b | $3.1b | $3.3b | $3.6b | $3.8b | $3.9b | $4.2b | $4.5b | $4.9b | $5.1b | ($5.2b) | |
| Payments of Dividends | $3.1b | $3.1b | $3.3b | $3.6b | $3.8b | $3.9b | $4.2b | $4.5b | $4.9b | $5.1b | ($5.2b) | |
| Cash used for financing activities | ($11.3b) | ($5.3b) | ($5.9b) | ($5.0b) | ($2.2b) | ($5.6b) | ($6.6b) | ($4.4b) | ($7.5b) | ($7.1b) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($11.3b) |
($5.3b)
+52.84%
|
($5.9b)
-12.03%
|
($5.0b)
+16.05%
|
($2.2b)
+54.97%
|
($5.6b)
-148.80%
|
($6.6b)
-17.60%
|
($4.4b)
+33.53%
|
($7.5b)
-71.35%
|
($7.1b)
+4.94%
|
($8.6b)
-21.25%
|
|
| Cash and equivalents increase (decrease) | ($6.3b) | $1.1b | ($1.6b) | $32.5m | $2.6b | $1.3b | ($2.1b) | $2.0b | ($3.5b) | ($311.0m) | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($103.7m) | $264.0m | ($159.8m) | ($23.7m) | $2.6b | $1.3b | ($2.1b) | $2.0b | ($3.5b) | ($311.0m) | $755.0m | |
| Cash and equivalents at beginning of year | $7.7b | $1.2b | $2.5b | $866.0m | $898.5m | $3.4b | $2.6b | $4.6b | $1.1b | $774.0m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $3 | $5 | $2.6b | $4.6b | $1.1b | $774.0m | $755.0m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($103.7m) | $264.0m | ($159.8m) | ($23.7m) | $80.2m | ($120.1m) | ($253.8m) | ($57.8m) | ($101.0m) | $86.0m | $67.0m | |
| Effect of exchange rates on cash and equivalents | ($103.7m) | $264.0m | ($159.8m) | ($23.7m) | $80.2m | ($120.1m) | ($253.8m) | ($57.8m) | ($101.0m) | $86.0m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Cash provided by operations | $6.1b | $5.6b | $7.0b | $8.1b | $6.3b | $9.1b | $7.4b | $9.6b | $9.4b | $10.6b | — | |
| Gain (Loss) on Disposition of Business | — | $1.2b | $308.8m | $128.2m | $28.2m | $97.8m | ($732.7m) | $103.2m | $37.0m | $149.0m | — | |
| Goodwill | $2.3b | $2.4b | $2.3b | $2.7b | $2.8b | $2.8b | $2.9b | $3.0b | $3.1b | $3.4b | — | |
| Income Tax Expense (Benefit) | $2.2b | $3.4b | $1.9b | $2.0b | $1.4b | $1.6b | $1.6b | $2.1b | $2.1b | $2.3b | — | |
| Income Taxes Paid, Net | $2.4b | $2.8b | $1.7b | $1.6b | $1.4b | $2.4b | $3.0b | $3.0b | $3.0b | $2.7b | — | |
| Income taxes | $169.7m | ($396.4m) | ($33.4m) | $173.4m | ($43.6m) | ($302.5m) | ($546.7m) | ($220.3m) | ($292.0m) | ($239.0m) | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $873.5m | $885.2m | $959.6m | $1.1b | $1.1b | $1.2b | $1.2b | $1.3b | $1.5b | $1.6b | — | |
| Long-term financing issuances | $3.8b | $4.7b | $3.8b | $4.5b | $5.5b | $1.2b | $3.4b | $5.2b | $2.4b | $4.7b | — | |
| Long-term financing repayments | ($822.9m) | ($1.6b) | ($1.8b) | ($2.1b) | ($2.4b) | ($2.2b) | ($2.2b) | ($2.4b) | ($2.8b) | ($4.8b) | — | |
| Net (gain) loss on sale of restaurant and other businesses | ($310.7m) | ($1.2b) | ($308.8m) | ($128.2m) | ($28.2m) | ($97.8m) | $732.7m | ($103.2m) | ($37.0m) | ($149.0m) | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $15.6m | ($9.0m) | ($2.4m) | $37.7m | ($5.8m) | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $299.4m | $456.8m | $403.2m | $350.5m | $295.5m | $285.7m | $248.2m | $259.8m | $328.0m | $285.0m | — | |
| Proceeds from stock option exercises | $299.4m | $456.8m | $403.2m | $350.5m | $295.5m | $285.7m | $248.2m | $259.8m | $328.0m | $285.0m | — | |
| Purchases of restaurant businesses | ($109.5m) | ($77.0m) | ($101.7m) | ($540.9m) | ($66.1m) | ($374.2m) | ($807.0m) | ($441.2m) | ($669.0m) | ($354.0m) | — | |
| Sales of restaurant and other businesses | — | — | $530.8m | $340.8m | $76.3m | $196.2m | $445.9m | $195.3m | $311.0m | $346.0m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Treasury stock purchases | ($11.2b) | ($4.7b) | ($5.2b) | ($5.0b) | ($907.8m) | ($845.5m) | ($3.9b) | ($3.1b) | ($2.8b) | ($2.1b) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.