Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

McDonald’s Corp., consolidated statement of comprehensive income

US$ in thousands

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	8,468,800)	6,177,400)	7,545,200)	4,730,500)	6,025,400)
Gain (loss) recognized in accumulated other comprehensive income (AOCI), including net investment hedges	136,100)	(354,100)	(216,200)	46,000)	127,500)
Reclassification of (gain) loss to net income	—)	504,400)	34,700)	17,100)	46,800)
Foreign currency translation adjustments, net of tax	136,100)	150,300)	(181,500)	63,100)	174,300)
Gain (loss) recognized in AOCI	(19,800)	160,300)	57,600)	(129,100)	17,300)
Reclassification of (gain) loss to net income	(16,600)	(104,800)	28,900)	5,800)	(37,700)
Cash flow hedges, net of tax	(36,400)	55,500)	86,500)	(123,300)	(20,400)
Gain (loss) recognized in AOCI	(69,500)	(118,700)	108,100)	(43,500)	(24,500)
Reclassification of (gain) loss to net income	400)	—)	—)	(400)	(2,600)
Defined benefit pension plans, net of tax	(69,100)	(118,700)	108,100)	(43,900)	(27,100)
Other comprehensive income (loss), net of tax	30,600)	87,100)	13,100)	(104,100)	126,800)
Comprehensive income	8,499,400)	6,264,500)	7,558,300)	4,626,400)	6,152,200)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Download chart

Comprehensive income item	Description	The company
Net income	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	McDonald’s Corp. net income decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Comprehensive income	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners.	McDonald’s Corp. comprehensive income decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.

McDonald’s Corp. (NYSE:MCD)

Statement of Comprehensive Income