Company: McDonald's Corporation
Ticker: MCD
Form: 10-K
Filed: 2026-02-24
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was McDonald's Corporation's operating cash flow in fiscal year 2025?
Question Type: value_lookup

Concept: NetCashProvidedByUsedInOperatingActivities
Answer (Numeric): 10551.0
Answer (Display): $10,551 million
Unit: USD millions

Evidence:
[{"chunk_id": "82", "equivalent_chunk_ids": ["82"], "section": "Consolidated Statement of Cash Flows", "supports": ["main"], "text": "In millions\nYears ended December 31,\nOperating activities\nNet income\n8,563\n8,223\n8,469\nAdjustments to reconcile to cash provided by operations\nCharges and credits:\nDepreciation and amortization\n2,199\n2,097\n1,978\nDeferred income taxes\nShare-based compensation\nNet (gain) loss on sale of restaurant and other businesses\nOther\nChanges in working capital items:\nAccounts receivable\nInventories, prepaid expenses and other current assets\nAccounts payable\nIncome taxes\nOther accrued liabilities\nCash provided by operations\n10,551\n9,447\n9,612\nInvesting activities\nCapital expenditures\n3,365\n2,775\n2,357\nPurchases of restaurant businesses\nPurchases of equity method investments\n1,837\nSales of restaurant and other businesses\nSales of property\nOther\nCash used for investing activities\n3,822\n5,346\n3,185\nFinancing activities\nNet short-term borrowings\nLong-term financing issuances\n4,724\n2,380\n5,221\nLong-term financing repayments\n4,802\n2,777\n2,441\nTreasury stock purchases\n2,056\n2,824\n3,054\nCommon stock dividends\n5,115\n4,870\n4,533\nProceeds from stock option exercises\nOther\nCash used for financing activities\n7,125\n7,495\n4,374\nEffect of exchange rates on cash and equivalents\nCash and equivalents increase (decrease)\n3,494\n1,996\nCash and equivalents at beginning of year\n1,085\n4,579\n2,584\nCash and equivalents at end of year\n1,085\n4,579\nSupplemental cash flow disclosures\nInterest paid\n1,555\n1,523\n1,287\nSee Notes to Consolidated Financial Statements.\nMcDonald's Corporation\n2025 Annual Report"}]

Derivation: