10-K/A

                UNITED STATES SECURITIES & EXCHANGE COMMISSION
                           WASHINGTON, D.C.  20549
                                 FORM 10-K/A


   AMENDMENT NO. 2 TO ANNUAL REPORT ON FORM 10-K pursuant to Section 13 or
   15(d) of the Securities Exchange Act of 1934 for the fiscal year ended
   December 31, 1993, to include the information required by Form 11-K for
   McDonald's Corporation Profit Sharing Program for the year ended
   December 31, 1993 and to add such Form 11-K to the list of Exhibits in
   Item 14(a) of Part IV.


                            McDONALD'S CORPORATION
                          Commission File No. 1-5231


        Delaware                                     No. 36-2361282
   (State of Incorporation)                     (I.R.S. Employer I.D. No.)


                               McDonald's Plaza
                          Oak Brook, Illinois  60521
                                (708) 575-3000
          (Address and Phone Number of Principal Executive Offices)


                                  SIGNATURE

   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
                                   (Registrant)


                            By: /s/ Michael L. Conley
                                -------------------------------
                               Senior Vice President and Controller

                            Date:  June 28, 1994



                McDONALD'S CORPORATION PROFIT SHARING PROGRAM
                  FINANCIAL STATEMENT EXHIBITS AND SCHEDULES

                                                             Page No.
   Item 14(a). Exhibits, Financial Statement Schedules,
               and Reports on Form 8-K

   (23)   Consent of Independent Auditors                      3

   (99)   McDonald's Corporation Profit Sharing Program
          Financial Statements Exhibits and Schedules          *

             Report of Independent Auditors

             Statement of Net Assets Available for
             Benefits at December 31, 1993 and 1992

             Statement of Changes in Net Assets
             Available for Benefits For The Years
             Ended December 31, 1993 and 1992

             Notes to Financial Statements

             Schedule 1 - Investments in Securities
             at December 31, 1993

             Schedule 2 -  Schedule of Reportable
             Transactions For The Year Ended
             December 31, 1993

   (99)   McDonald's Corporation Profit Sharing Program        4
          Annual Report on Form 11-K For The Year Ended
          December 31, 1993




   * Filed under cover of Form SE

EX-23

                                                                 EXHIBIT 23

                       CONSENT OF INDEPENDENT AUDITORS



   We consent to the incorporation by reference in the Registration
   Statement (Form S-8 No. 33-24958) pertaining to McDonald's Corporation
   and in the related Prospectus of our report dated May 16, 1994, with
   respect to the financial statements and schedules of the McDonald's
   Corporation Profit Sharing Program included in this Form 10-K/A,
   Amendment No. 2 dated June 28, 1994 for McDonald's Corporation for the
   year ended December 31, 1993.





                                 /s/ Ernst & Young


   Chicago, Illinois
   June 28, 1994

EX-99

                                                                 EXHIBIT 99

                                  FORM 11-K

   / X / ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934 [FEE REQUIRED]

   For the fiscal year ended December 31, 1993

                                      OR

   /  /  TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

   For the transition period from __________ to ___________

   Commission file number _______________

        A.   Full title of the plan and the address of the plan, if
   different from that of the issuer named below:

                 McDonald's Corporation Profit Sharing Program

        B.   Name of issuer of the securities held pursuant to the plan and
   the address of its principal executive office:

                            McDonald's Corporation
                               McDonald's Plaza
                          Oak Brook, Illinois  60521

   All financial statements and schedules prepared in accordance with the
   financial reporting requirements of the Employee Retirement Income
   Security Act of 1974 which are required to be filed as part of this Form
   11-K have been filed under cover of Form SE.

                                  SIGNATURES

        The Plan.  Pursuant to the requirements of the Securities Exchange
   Act of 1934, the trustees (or other persons who administer the employee
   benefit plan) have duly caused this annual report to be signed on its
   behalf by the undersigned hereunto duly authorized.

                                 McDONALD'S CORPORATION
                                 PROFIT SHARING PROGRAM

                                 By:  ADMINISTRATIVE COMMITTEE


                                      By: /s/ Stanley R. Stein
                                          ------------------------
                                         Senior Vice President,
                                         Trustee, and Member of the
                                         Administrative Committee

   *Print name and title of the signing official under the signature.