Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

McDonald’s Corp. (NYSE:MCD)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Beginner level

McDonald’s Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Accounts payable 2.08 3.68 2.74 2.44 2.31
Current lease liability 1.31 0.00 0.00 0.00 0.00
Income taxes 0.70 0.70 0.79 0.86 0.41
Other taxes 0.52 0.77 0.81 0.86 0.81
Accrued interest 0.71 0.91 0.82 0.80 0.61
Accrued payroll and other liabilities 2.18 3.01 3.39 3.74 3.63
Current maturities of long-term debt 0.12 0.00 0.00 0.25 0.00
Liabilities of businesses held for sale 0.00 0.00 0.00 2.24 0.00
Current liabilities 7.62% 9.06% 8.55% 11.18% 7.78%
Long-term debt, excluding current maturities 71.81 94.71 87.38 83.41 63.58
Long-term lease liability 26.85 0.00 0.00 0.00 0.00
Long-term income taxes 4.77 6.34 7.01 3.26 0.00
Deferred revenues, initial franchise fees 1.39 1.91 0.00 0.00 0.00
Other long-term liabilities 2.06 3.34 3.42 3.40 5.47
Deferred income taxes 2.77 3.70 3.31 5.86 4.49
Long-term liabilities 109.66% 110.01% 101.12% 95.93% 73.54%
Total liabilities 117.28% 119.07% 109.67% 107.11% 81.32%
Preferred stock, no par value; none issued 0.00 0.00 0.00 0.00 0.00
Common stock, $.01 par value 0.03 0.05 0.05 0.05 0.04
Additional paid-in capital 16.11 22.48 20.92 21.78 17.22
Retained earnings 111.41 153.87 142.96 148.99 117.54
Accumulated other comprehensive loss -5.23 -7.95 -6.44 -9.97 -7.59
Common stock in treasury, at cost -139.61 -187.52 -167.15 -167.96 -108.54
Shareholders’ equity (deficit) -17.28% -19.07% -9.67% -7.11% 18.68%
Total liabilities and shareholders’ equity (deficit) 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (filing date: 2020-02-26), 10-K (filing date: 2019-02-22), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-03-01), 10-K (filing date: 2016-02-25).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. McDonald’s Corp.’s current liabilities as a percentage of total liabilities and shareholders’ equity (deficit) increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. McDonald’s Corp.’s long-term liabilities as a percentage of total liabilities and shareholders’ equity (deficit) increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. McDonald’s Corp.’s total liabilities as a percentage of total liabilities and shareholders’ equity (deficit) increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.
Shareholders’ equity (deficit) Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. McDonald’s Corp.’s shareholders’ equity (deficit) as a percentage of total liabilities and shareholders’ equity (deficit) decreased from 2017 to 2018 but then slightly increased from 2018 to 2019.