McDONALD’S CORPORATION Cash Flow Breakdown
Cash flow breakdown shows where McDONALD’S CORPORATION's cash came from and where it went: from running the business, from investing (buying or selling equipment, companies and investments) and from financing (borrowing, paying back loans, buying back shares, paying dividends). One row per year or quarter. A minus sign means cash went out. Financing is shown line by line: buybacks, dividends, debt paid back, new debt and the rest. All amounts are the filed figures for that period.
- Fiscal year ended 2025-12-31: from running the business, $10.55B came in.
- Fiscal year ended 2025-12-31: from investing, $3.82B went out.
- Fiscal year ended 2025-12-31: from financing, $7.13B went out.
- Fiscal year ended 2025-12-31: change in cash, $311.00M went out.
A minus sign means cash went out. * = worked out from the filed year-to-date figures (hover to see how); greyed = already counted inside another line.
Each year (12 month)
| Fiscal year end | Running the business | From investing | Buybacks | Dividends | Debt paid back | New debt | Commercial paper | New shares sold | Other | Not split out | Change in cash |
|---|
| 2025-12-31 | $10.55B | -$3.82B | -$2.06B | -$5.12B | -$4.80B | $4.72B | $6.00M | $285.00M | -$167.00M | | -$311.00M |
|---|
| 2024-12-31 | $9.45B | -$5.35B | -$2.82B | -$4.87B | -$2.78B | $2.38B | $326.00M | $328.00M | -$56.00M | -$2.00M* | -$3.49B |
|---|
| 2023-12-31 | $9.61B | -$3.19B | -$3.05B | -$4.53B | -$2.44B | $5.22B | $213.00M | $260.00M | -$40.00M | | $2.00B |
|---|
| 2022-12-31 | $7.39B | -$2.68B | -$3.90B | -$4.17B | -$2.20B | $3.37B | $26.00M | $248.00M | $38.00M | | -$2.13B |
|---|
| 2021-12-31 | $9.14B | -$2.17B | -$845.50M | -$3.92B | -$2.24B | $1.15B | $15.10M | $285.70M | -$46.70M | | $1.26B |
|---|
| 2020-12-31 | $6.27B | -$1.55B | -$907.80M | -$3.75B | -$2.41B | $5.54B | -$893.10M | $295.50M | -$122.00M | | $2.55B |
|---|
| 2019-12-31 | $8.12B | -$3.07B | -$4.98B | -$3.58B | -$2.06B | $4.50B | $799.20M | $350.50M | -$23.50M | | $32.50M |
|---|
| 2018-12-31 | $6.97B | -$2.46B | -$5.21B | -$3.26B | -$1.76B | $3.79B | $95.90M | $403.20M | -$20.00M | | -$1.60B |
|---|
| 2017-12-31 | $5.55B | $562.00M | -$4.69B | -$3.09B | -$1.65B | $4.73B | -$1.05B | $456.80M | -$20.50M* | | $1.07B |
|---|
| 2016-12-31 | $6.06B | -$981.60M | -$11.17B | -$3.06B | -$822.90M | $3.78B | -$286.20M | $299.40M | -$3.00M* | | -$6.29B |
|---|
| 2015-12-31 | $6.54B | -$1.42B | -$6.10B | -$3.23B | -$1.05B | $10.22B | $589.70M | $317.20M | -$7.60M* | | $5.61B |
|---|
| 2014-12-31 | $6.73B | -$2.30B | -$3.20B | -$3.22B | -$548.10M | $1.54B | $510.40M | $235.40M | $58.10M* | | -$720.80M |
|---|
| 2013-12-31 | $7.12B | -$2.67B | -$1.78B | -$3.11B | -$695.40M | $1.42B | -$186.50M | $233.30M | $80.80M* | | $462.60M |
|---|
| 2012-12-31 | $6.97B | -$3.17B | -$2.62B | -$2.90B | -$962.80M | $2.28B | -$117.50M | $328.60M | $128.70M* | | $400.00K |
|---|
| 2011-12-31 | $7.15B | -$2.57B | -$3.36B | -$2.61B | -$624.00M | $1.37B | $260.60M | $334.00M | $101.90M* | | -$51.30M |
|---|
| 2010-12-31 | $6.34B | -$2.06B | -$2.70B | -$2.41B | -$1.15B | $1.93B | $3.10M | $463.10M | $127.40M* | | $591.00M |
|---|
| 2009-12-31 | $5.75B | -$1.66B | -$2.80B | -$2.24B | -$664.60M | $1.17B | -$285.40M | $332.10M | $60.50M* | | -$267.40M |
|---|
| 2008-12-31 | $5.92B | -$1.62B | -$3.92B | -$1.82B | -$2.70B | $3.48B | $266.70M | $548.20M | $34.30M* | | $82.10M |
|---|
| 2007-12-31 | $4.88B | -$1.15B | -$3.94B | -$1.77B | -$1.65B | $2.12B | $101.30M | $1.14B | $2.10M* | | -$146.80M |
|---|
Each quarter (3 month)
| Quarter end | Running the business | From investing | Buybacks | Dividends | Debt paid back | New debt | Commercial paper | New shares sold | Other | Not split out | Change in cash |
|---|
| 2026-06-30 | $2.81B | -$868.00M | -$856.00M | -$1.32B | -$580.00M | $0.00 | $492.00M | $14.00M | -$140.00M | | -$348.00M |
|---|
| 2026-03-31 | $2.41B | -$777.00M | -$396.00M | -$1.32B | -$1.00M* | $1.16B | -$791.00M | $128.00M | -$2.00M | | $396.00M |
|---|
| 2025-12-31 | $2.70B* | -$1.07B* | -$573.00M* | -$1.32B* | -$2.16B* | -$10.00M* | $800.00M* | $69.00M* | -$46.00M* | | |
|---|
| 2025-09-30 | $3.43B | -$1.11B | -$501.00M | -$1.26B | -$1.25B | $1.83B | -$599.00M | $29.00M | -$35.00M | | $537.00M |
|---|
| 2025-06-30 | $2.00B | -$869.00M | -$505.00M | -$1.26B | -$700.00M | $1.40B | $597.00M | $41.00M | -$126.00M | | $638.00M |
|---|
| 2025-03-31 | $2.43B | -$771.00M | -$477.00M | -$1.27B | -$693.00M | $1.50B | -$792.00M | $147.00M | $40.00M | | $153.00M |
|---|
| 2024-12-31 | $2.63B* | -$742.00M* | -$503.00M* | -$1.27B* | -$992.00M* | $649.00M* | $193.00M* | $75.00M* | -$30.00M* | -$2.00M* | |
|---|
| 2024-09-30 | $2.74B | -$1.27B | -$469.00M | -$1.20B | $0.00 | $0.00 | $474.00M | $132.00M | -$27.00M | | $429.00M |
|---|
| 2024-06-30 | $1.69B | -$846.00M | -$934.00M | -$1.20B | -$500.00M | $1.73B | -$2.00M | $22.00M | $13.00M | | -$46.00M |
|---|
| 2024-03-31 | $2.39B | -$2.49B | -$918.00M | -$1.21B | -$1.28B | $0.00 | -$339.00M | $99.00M | -$12.00M | | -$3.74B |
|---|
| 2023-12-31 | $2.49B* | -$840.00M* | -$851.00M* | -$1.21B* | -$1.06B* | $2.17B* | $350.00M* | $49.00M* | -$33.00M* | | |
|---|
| 2023-09-30 | $3.03B | -$933.00M | -$1.05B | -$1.10B | $0.00 | $2.00B | $6.00M | $62.00M | -$42.00M | | $1.87B |
|---|
| 2023-06-30 | $1.67B | -$670.00M | -$570.00M | -$1.11B | -$1.38B | $0.00 | -$158.00M | $75.00M | $44.00M | | -$2.08B |
|---|
| 2023-03-31 | $2.42B | -$741.00M | -$578.00M | -$1.11B | $0.00 | $1.05B | $13.00M | $74.00M | -$10.00M | | $1.12B |
|---|
| 2022-12-31 | $2.20B* | -$1.07B* | -$489.10M* | -$1.11B* | -$200.00K* | -$500.00K* | $15.30M* | $79.70M* | -$10.70M* | | |
|---|
| 2022-09-30 | $2.43B | -$733.10M | -$869.20M | -$1.01B | -$400.00K | $1.50B | -$305.40M | $62.40M | $80.90M | | $955.80M |
|---|
| 2022-06-30 | $618.10M | -$319.20M | -$1.03B | -$1.02B | -$850.80M | $1.87B | $310.10M | $47.20M | -$19.60M | | -$463.20M |
|---|
| 2022-03-31 | $2.13B | -$554.50M | -$1.51B | -$1.03B | -$1.35B | $0.00 | $6.00M | $58.70M | -$12.60M | | -$2.37B |
|---|
| 2021-12-31 | $2.67B* | -$1.12B* | -$803.30M* | -$1.03B* | -$500.60M* | $1.15B* | $7.50M* | $87.10M* | -$14.00M* | | |
|---|
| 2021-09-30 | $2.62B | -$384.90M | -$17.70M | -$963.90M | -$400.00K | $0.00 | -$300.00K | $66.60M | -$11.70M | | $1.26B |
|---|
| 2021-06-30 | $1.73B | -$413.50M | -$3.00M | -$963.30M | -$401.20M | $0.00 | $1.40M | $72.90M | -$13.10M | | $29.70M |
|---|
| 2021-03-31 | $2.12B | -$244.60M | -$21.50M | -$962.30M | -$1.34B | $0.00 | $6.50M | $59.10M | -$7.90M | | -$429.40M |
|---|
| 2020-12-31 | $1.99B* | -$362.90M* | -$2.20M* | -$961.60M* | -$997.60M* | $0.00* | -$7.40M* | $33.20M* | $0.00* | | |
|---|
| 2020-09-30 | $2.94B | -$267.90M | -$700.00K | -$930.90M | -$451.50M | $2.80M | -$993.40M | $105.30M | -$100.00K | | $428.10M |
|---|
| 2020-06-30 | -$213.10M | -$396.60M | -$2.30M | -$929.70M | -$699.90M | $800.00K | -$4.10M | $57.70M | -$400.00K | | -$2.12B |
|---|
| 2020-03-31 | $1.55B | -$518.40M | -$902.60M | -$930.70M | -$262.70M | $5.54B | $111.80M | $99.30M | -$121.50M | | $4.48B |
|---|
| 2019-12-31 | $1.89B* | -$807.00M* | -$1.44B* | -$935.20M* | $2.20M* | $4.20M* | $904.80M* | $27.10M* | $0.00* | | -$278.80M* |
|---|
| 2019-09-30 | $2.29B | -$592.80M | -$1.47B | -$876.90M | -$667.90M | $1.98B | -$600.70M | $73.40M | -$12.70M | | $42.80M |
|---|
| 2019-06-30 | $1.93B | -$900.00M | -$1.07B | -$883.00M | -$981.20M | $6.50M | $589.10M | $139.40M | $500.00K | | -$1.15B |
|---|
| 2019-03-31 | $2.02B | -$771.30M | -$996.10M | -$886.80M | -$415.00M | $2.51B | -$94.00M | $110.60M | -$11.30M | | $1.42B |
|---|
| 2018-12-31 | $1.51B* | -$883.90M* | -$926.90M* | -$892.50M* | -$754.90M* | $2.40M* | $101.60M* | $167.00M* | -$7.90M* | | -$1.71B* |
|---|
| 2018-09-30 | $2.47B | -$721.30M | -$1.04B | -$779.80M | -$1.90M | $1.79B | -$801.40M | $69.20M | -$5.30M | | $951.00M |
|---|
| 2018-06-30 | $1.34B | -$490.80M | -$1.61B | -$786.10M | -$1.20M | $500.50M | $239.70M | $91.70M | -$1.60M | | -$844.50M |
|---|
| 2018-03-31 | $1.65B | -$359.10M | -$1.63B | -$797.50M | -$1.00B | $1.50B | $556.00M | $75.30M | -$5.20M | | $4.20M |
|---|
| 2017-12-31 | $1.11B* | -$604.00M* | -$748.30M* | -$801.80M* | -$1.24B* | $2.20B* | -$216.00M* | $83.70M* | -$19.40M* | | -$207.40M* |
|---|
| 2017-09-30 | $1.68B | $1.17B | -$2.08B | -$755.30M | -$3.60M | $400.00K | -$55.80M | $82.50M | $3.50M | | $125.40M |
|---|
| 2017-06-30 | $1.21B | -$146.80M | -$1.11B | -$761.50M | -$1.40M | $537.10M | -$9.30M | $174.40M | $1.90M | | -$1.20M |
|---|
| 2017-03-31 | $1.54B | $138.10M | -$748.00M | -$770.60M | -$402.10M | $1.99B | -$769.20M | $116.20M | -$6.50M | | $1.15B |
|---|
| 2016-12-31 | $814.90M* | -$170.90M* | -$1.51B* | -$773.00M* | -$3.30M* | $406.80M* | $456.70M* | $49.50M* | $900.00K* | | -$869.30M* |
|---|
| 2016-09-30 | $2.25B | -$351.10M | -$1.97B | -$745.10M | -$5.70M | $600.00K | -$80.00M | $36.10M | -$11.80M* | | -$861.30M |
|---|
| 2016-06-30 | $1.25B | -$203.70M | -$3.38B | -$759.30M | -$600.40M | $3.37B | $146.70M | $82.50M | $3.00M* | | -$182.10M |
|---|
| 2016-03-31 | $1.75B | -$255.90M | -$4.31B | -$780.80M | -$213.50M | $700.00K | -$809.60M | $131.30M | $4.90M | | -$4.38B |
|---|
| 2015-12-31 | $1.38B* | -$305.80M* | -$1.55B* | -$813.90M* | -$1.60M* | $5.99B* | $458.30M* | $146.30M* | -$15.20M* | | $5.23B* |
|---|
| 2015-09-30 | $1.95B | -$418.50M | -$2.39B | -$789.10M | -$6.20M | $1.40M | $170.20M | $35.70M | $1.70M* | | -$1.55B |
|---|
| 2015-06-30 | $1.51B | -$346.50M | -$1.56B | -$811.00M | -$501.40M | $4.23B | -$293.80M | $36.60M | -$14.70M* | | $2.36B |
|---|
| 2015-03-31 | $1.70B | -$349.20M | -$606.40M | -$816.30M | -$545.30M | $500.00K | $255.00M | $98.60M | $20.60M* | | -$443.10M |
|---|
| 2014-12-31 | $1.50B* | -$299.00M* | -$1.11B* | -$820.80M* | -$1.00M* | $4.20M* | $120.40M* | $34.10M* | $2.50M* | | -$747.90M* |
|---|
| 2014-09-30 | $1.83B | -$782.60M | -$944.40M | -$793.00M | -$6.00M | $0.00 | $153.60M | $39.60M | $7.80M* | | -$844.80M |
|---|
| 2014-06-30 | $1.49B | -$615.10M | -$703.50M | -$800.60M | -$1.00M | $1.54B | -$68.30M | $75.30M | $13.00M* | | $926.80M |
|---|
| 2014-03-31 | $1.91B | -$608.20M | -$439.50M | -$801.70M | | | | $86.40M | $34.80M* | -$235.10M* | -$54.90M |
|---|
| 2013-12-31 | $1.87B* | -$1.01B* | -$504.70M* | -$803.80M* | | | | $29.70M* | $4.90M* | $626.40M* | $254.40M* |
|---|
| 2013-09-30 | $2.05B | -$585.60M | -$501.10M | -$767.50M | | | | $25.20M | $9.60M* | -$67.80M* | $265.90M |
|---|
| 2013-06-30 | $1.51B | -$556.10M | -$432.60M | -$771.10M | | | | $65.50M | $14.10M* | $599.10M* | $409.10M |
|---|
| 2013-03-31 | $1.69B | -$524.50M | -$339.40M | -$772.20M | | | | $112.90M | $52.20M* | -$622.40M* | -$466.80M |
|---|
| 2012-12-31 | $1.85B* | -$1.16B* | -$380.90M* | -$771.20M* | | | | $95.60M* | $36.40M* | $413.50M* | $157.60M* |
|---|
| 2012-09-30 | $2.00B | -$723.70M | -$651.00M | -$703.80M | | | | $83.30M | $32.70M* | -$379.30M* | -$306.10M |
|---|
| 2012-06-30 | $1.48B | -$685.60M | -$770.60M | -$709.30M | | | | $65.30M | $17.70M* | $903.20M* | $195.50M |
|---|
| 2012-03-31 | $1.63B | -$597.40M | -$812.60M | -$712.30M | | | | $84.40M | $41.90M* | $267.20M* | -$46.60M |
|---|
| 2011-12-31 | $1.78B* | -$898.80M* | -$369.70M* | -$715.40M* | | | | $68.60M* | $31.10M* | $68.40M* | -$53.10M* |
|---|
| 2011-09-30 | $2.17B | -$699.80M | -$874.80M | -$627.20M | | | | $79.50M | $24.00M* | $420.20M* | $318.80M |
|---|
| 2011-06-30 | $1.64B | -$453.10M | -$748.00M | -$632.00M | | | | $124.20M | $44.40M* | $86.00M* | $130.10M |
|---|
| 2011-03-31 | $1.55B | -$519.20M | -$1.37B | -$635.10M | | | | $61.70M | $2.40M* | $429.30M* | -$447.10M |
|---|
| 2010-12-31 | $1.73B* | -$828.90M* | -$542.00M* | -$643.50M* | | | | $100.10M* | $40.00M* | $35.30M* | -$108.00M* |
|---|
| 2010-09-30 | $1.94B | -$446.00M | -$798.10M | -$583.50M | | | | $107.10M | $7.70M* | $478.90M* | $829.50M |
|---|
| 2010-06-30 | $1.25B | -$390.70M | -$881.20M | -$589.10M | | | | $95.20M | $28.80M* | $224.00M* | -$341.80M |
|---|
| 2010-03-31 | $1.42B | -$390.40M | -$477.20M | -$592.00M | | | | $160.70M | $50.90M* | $49.20M* | $211.30M |
|---|
| 2009-12-31 | $1.38B* | -$542.50M* | -$423.70M* | -$593.10M* | | | | $174.50M* | $60.70M* | -$425.70M* | -$405.00M* |
|---|
| 2009-09-30 | $1.82B | -$441.30M | -$768.70M | -$541.20M | | | | $40.50M | -$19.70M* | -$99.00M* | $40.40M |
|---|
| 2009-06-30 | $1.42B | -$302.90M | -$792.50M | -$547.80M | | | | $79.60M | -$22.10M* | $276.90M* | $181.90M |
|---|
| 2009-03-31 | $1.13B | -$368.60M | -$812.50M | -$553.40M | | | | $37.50M | $41.60M* | $467.10M* | -$84.70M |
|---|
| 2008-12-31 | $1.47B* | -$635.70M* | -$98.00M* | -$557.70M* | | | | $94.90M* | $60.50M* | $308.10M* | $576.20M* |
|---|
| 2008-09-30 | $1.71B | -$497.10M | -$1.02B | -$417.70M | | | | $206.60M | $48.10M* | -$782.30M* | -$855.30M |
|---|
| 2008-06-30 | $1.26B | -$174.40M | -$787.10M | -$421.60M | | | | $138.10M | -$26.50M* | -$575.60M* | -$579.70M |
|---|