WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported): July 24, 2002

                             McDONALD'S CORPORATION
             (Exact name of Registrant as specified in its Charter)

         Delaware                    1-5231                     36-2361282
(State of Incorporation)      (Commission File No.)           (IRS Employer
                                                            Identification No.)

                              One McDonald's Plaza
                            Oak Brook, Illinois 60523
                                 (630) 623-3000
            (Address and Phone Number of Principal Executive Offices)


Item 5. Other Events

On July 24, 2002, McDonald's Corporation (the "Company") issued a press release
announcing the Company's global results for the quarter and six months ended
June 30, 2002. The press release is filed as Exhibit 99 hereto and incorporated
herein by reference.

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits

(c)     Exhibit:

        (99)  Press Release dated July 24, 2002 - McDonald's Reports Increase in
              Quarterly Earnings Per Share


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        McDONALD'S CORPORATION


Date: July 29, 2002                     By:   /s/ Matthew H. Paull
                                             Matthew H. Paull
                                             Corporate Executive Vice President
                                             and Chief Financial Officer


                                  Exhibit Index

Exhibit No.

99   News Release of McDonald's Corporation issued July 24, 2002:
     McDonald's Reports Increase in Quarterly Earnings Per Share