|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: MAYFLOWER GROUP INC /IN/, DEF 14A, 1994-04-05 |
Next: MERRILL LYNCH & CO INC, 424B3, 1994-04-05 |
<TABLE>
Exhibit 11
McDONALD'S CORPORATION
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
(Dollars and shares in millions, except per common share data)
<CAPTION>
Year ended December 31,
1993 1992 1991
---- ---- ----
<S> <C> <C> <C>
Net Income $1,082.5 $958.6 $859.6
Preferred stock dividends (net of tax benefits of $4.1 for 1993 and $6.4 for 1992) (46.9) (14.7) (19.2)
-------- -------- ------
Net income available after preferred stock dividends (A) 1,035.6 943.9 840.4
Common stock dividends on assumed conversion of preferred stock 1.2 1.8 1.7
-------- -------- -------
Net income available to common shareholders $1,036.8 $945.7 $842.1
======== ======== =======
Weighted average number of common shares outstanding during the period (A) 355.9 363.2 358.1
Additional shares related to potentially dilutive securities 10.8 10.7 11.9
-------- -------- -------
Adjusted weighted average common shares 366.7 373.9 370.0
======== ======== =======
Fully diluted net income per common share $2.83 $2.53 $2.28
======== ======== =======
---------------------
(A) Refer to Consolidated statement of income and Financial comments on pages 33 and 49 from Part II,
item 8 of this 1993 10-K for information concerning the computation of Net income per common share.
</TABLE>
<PAGE>
|
|