10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MCDONALDS CORP | |||
Ticker: MCD Fiscal Year: 2014 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 24, 2015) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| REVENUES | |||
| Sales by Company-operated restaurants | $ 18,169,300 | 18,874,200 | 18,602,500 |
| Revenues from franchised restaurants | 9,272,000 | 9,231,500 | 8,964,500 |
| Total revenues | 27,441,300 | 28,105,700 | 27,567,000 |
| OPERATING COSTS AND EXPENSES | |||
| Food & paper | 6,129,700 | 6,361,300 | 6,318,200 |
| Payroll & employee benefits | 4,756,000 | 4,824,100 | 4,710,300 |
| Occupancy & other operating expenses | 4,402,600 | 4,393,200 | 4,195,200 |
| Franchised restaurants-occupancy expenses | 1,697,300 | 1,624,400 | 1,527,000 |
| Selling, general & administrative expenses | 2,487,900 | 2,385,600 | 2,455,200 |
| Other operating (income) expense, net | 18,600 | (247,200) | (243,500) |
| Total operating costs and expenses | 19,492,100 | 19,341,400 | 18,962,400 |
| Operating income | 7,949,200 | 8,764,300 | 8,604,600 |
| Interest expense-net of capitalized interest of $14.7, $15.5 and $15.9 | 570,500 | 521,900 | 516,600 |
| Nonoperating (income) expense, net | 6,700 | 37,900 | 9,000 |
| Income before provision for income taxes | 7,372,000 | 8,204,500 | 8,079,000 |
| Provision for income taxes | 2,614,200 | 2,618,600 | 2,614,200 |
| Net income | 4,757,800 | 5,585,900 | 5,464,800 |
| Earnings per common sharebasic | 4.85 | 5.59 | 5.41 |
| Earnings per common sharediluted | 4.82 | 5.55 | 5.36 |
| Dividends declared per common share | 3.28 | 3.12 | 2.87 |
| Weighted-average shares outstandingbasic | 980,500 | 998,400 | 1,010,100 |
| Weighted-average shares outstandingdiluted | 986,300 | 1,006,000 | 1,020,200 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MCDONALDS CORP | |||
Ticker: MCD Fiscal Year: 2014 | |||
Consolidated Statement of Comprehensive Income | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 24, 2015) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Net income | $ 4,757,800 | 5,585,900 | 5,464,800 |
| Foreign currency translation adjustments: | |||
| Gain (loss) recognized in accumulated other comprehensive income (AOCI), including net investment hedges | (1,971,600) | (279,400) | 274,700 |
| Reclassification of (gain) loss to net income | 15,200 | 0 | (100) |
| Foreign currency translation adjustments-net of tax benefit (expense) of $(196.0), $(5.3) and $(47.9) | (1,956,400) | (279,400) | 274,600 |
| Cash flow hedges: | |||
| Gain (loss) recognized in AOCI | 40,100 | (73,400) | 19,800 |
| Reclassification of (gain) loss to net income | (6,800) | 35,900 | 10,800 |
| Cash flow hedges-net of tax benefit (expense) of $(18.2), $11.4 and $(8.8) | 33,300 | (37,500) | 30,600 |
| Defined benefit pension plans: | |||
| Gain (loss) recognized in AOCI | (26,600) | (52,800) | 33,100 |
| Reclassification of (gain) loss to net income | 2,400 | 900 | 8,400 |
| Defined benefit pension plans-net of tax benefit (expense) of $7.7, $14.2 and $(13.9) | (24,200) | (51,900) | 41,500 |
| Total other comprehensive income (loss), net of tax | (1,947,300) | (368,800) | 346,700 |
| Comprehensive income | 2,810,500 | 5,217,100 | 5,811,500 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MCDONALDS CORP | |||
Ticker: MCD Fiscal Year: 2014 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 24, 2015) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Operating activities | |||
| Net income | $ 4,757,800 | 5,585,900 | 5,464,800 |
| Adjustments to reconcile to cash provided by operations | |||
| Charges and credits: | |||
| Depreciation and amortization | 1,644,500 | 1,585,100 | 1,488,500 |
| Deferred income taxes | (90,700) | 25,200 | 134,500 |
| Share-based compensation | 112,800 | 89,100 | 93,400 |
| Other | 369,500 | 26,800 | (92,000) |
| Changes in working capital items: | |||
| Accounts receivable | 27,000 | 56,200 | (29,400) |
| Inventories, prepaid expenses and other current assets | (4,900) | (44,400) | (27,200) |
| Accounts payable | (74,700) | (60,700) | 124,100 |
| Income taxes | 3,300 | (154,400) | (74,000) |
| Other accrued liabilities | (14,300) | 11,900 | (116,600) |
| Cash provided by operations | 6,730,300 | 7,120,700 | 6,966,100 |
| Investing activities | |||
| Capital expenditures | (2,583,400) | (2,824,700) | (3,049,200) |
| Purchases of restaurant businesses | (170,500) | (181,000) | (158,500) |
| Sales of restaurant businesses and property | 489,900 | 440,100 | 394,700 |
| Other | (40,900) | (108,200) | (354,300) |
| Cash used for investing activities | (2,304,900) | (2,673,800) | (3,167,300) |
| Financing activities | |||
| Net short-term borrowings | 510,400 | (186,500) | (117,500) |
| Long-term financing issuances | 1,540,600 | 1,417,200 | 2,284,900 |
| Long-term financing repayments | (548,100) | (695,400) | (962,800) |
| Treasury stock purchases | (3,198,600) | (1,777,800) | (2,615,100) |
| Common stock dividends | (3,216,100) | (3,114,600) | (2,896,600) |
| Proceeds from stock option exercises | 235,400 | 233,300 | 328,600 |
| Excess tax benefit on share-based compensation | 70,900 | 92,600 | 142,300 |
| Other | (12,800) | (11,800) | (13,600) |
| Cash used for financing activities | (4,618,300) | (4,043,000) | (3,849,800) |
| Effect of exchange rates on cash and equivalents | (527,900) | 58,700 | 51,400 |
| Cash and equivalents increase (decrease) | (720,800) | 462,600 | 400 |
| Cash and equivalents at beginning of year | 2,798,700 | 2,336,100 | |
| Cash and equivalents at end of year | 2,077,900 | 2,798,700 | 2,336,100 |
| Supplemental cash flow disclosures | |||
| Interest paid | 573,200 | 532,700 | 533,700 |
| Income taxes paid | 2,388,300 | 2,546,000 | 2,447,800 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
MCDONALDS CORP | ||
Ticker: MCD Fiscal Year: 2014 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2014 10-K (Filed: Feb 24, 2015) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2014 | Dec 31, 2013 | |
| ASSETS | ||
| Current assets | ||
| Cash and equivalents | $ 2,077,900 | 2,798,700 |
| Accounts and notes receivable | 1,214,400 | 1,319,800 |
| Inventories, at cost, not in excess of market | 110,000 | 123,700 |
| Prepaid expenses and other current assets | 783,200 | 807,900 |
| Total current assets | 4,185,500 | 5,050,100 |
| Other assets | ||
| Investments in and advances to affiliates | 1,004,500 | 1,209,100 |
| Goodwill | 2,735,300 | 2,872,700 |
| Miscellaneous | 1,798,600 | 1,747,100 |
| Total other assets | 5,538,400 | 5,828,900 |
| Property and equipment | ||
| Property and equipment, at cost | 39,126,100 | 40,355,600 |
| Accumulated depreciation and amortization | (14,568,600) | (14,608,300) |
| Net property and equipment | 24,557,500 | 25,747,300 |
| Total assets | 34,281,400 | 36,626,300 |
| LIABILITIES AND SHAREHOLDERS EQUITY | ||
| Current liabilities | ||
| Accounts payable | 860,100 | 1,086,000 |
| Income taxes | 166,800 | 215,500 |
| Other taxes | 330,000 | 383,100 |
| Accrued interest | 233,700 | 221,600 |
| Accrued payroll and other liabilities | 1,157,300 | 1,263,800 |
| Total current liabilities | 2,747,900 | 3,170,000 |
| Long-term debt | 14,989,700 | 14,129,800 |
| Other long-term liabilities | 2,065,900 | 1,669,100 |
| Deferred income taxes | 1,624,500 | 1,647,700 |
| Shareholders equity | ||
| Preferred stock, no par value; authorized 165.0 million shares; issued none | ||
| Common stock, $.01 par value; authorized 3.5 billion shares; issued 1,660.6 million shares | 16,600 | 16,600 |
| Additional paid-in capital | 6,239,100 | 5,994,100 |
| Retained earnings | 43,294,500 | 41,751,200 |
| Accumulated other comprehensive income | (1,519,700) | 427,600 |
| Common stock in treasury, at cost; 697.7 and 670.2 million shares | (35,177,100) | (32,179,800) |
| Total shareholders equity | 12,853,400 | 16,009,700 |
| Total liabilities and shareholders equity | 34,281,400 | 36,626,300 |
| External Links | |
| MCDONALDS CORP (MCD) Fiscal Year 2014 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |