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Mcdonald's Risk
Essay specific features
Written by:
Jewell A
Date added:
December 24, 2016
Level:
University
Grade:
A
No of pages / words:
5 / 1197
Was viewed:
10208 times
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Essay content:
133, Accounting for Derivative Instruments and Hedging Activities (SFAS No. 133) noncash fair value adjustments of $23 million.
(1) All percentages are as of December 31st, except for the weighted-average annual interest rate, which is for the year.
(2) Based on debt obligations before the effect of SFAS No...
displayed 300 characters
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133 fair value adjustments. This effect is excluded, as these adjustments have no impact on the obligation at maturity. See Debt financing note to the consolidated financial statements.
(3) Includes the effect of interest rate and foreign currency exchange agreements.
Fitch, Standard & Poor’s and Moody’s currently rate the Company’s commercial paper F1, A-1 and P-2, respectively; and its long-term debt A, A and A3, respectively...
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