The following table shows an abbreviated income statement and balance sheet for

McDonald's Corporation for $2012.$

BALANCE SHEET OF MCDONALD'S CORP., $2012$

$($Figures in $ millions$)$

In $2012$ McDonald's had capital expenditures of $$3,066.$

a$.$ Calculate McDonald's free cash flow in $2012.($Enter your answer in millions.$)$

If McDonald's was financed entirely by equity, how much more tax would the company

b$.$

have paid? $($Assume a tax rate of $35\%$ on the revised pretax income.$)($Do not round

intermediate calculations. Enter your answer in millions rounded to the nearest

whole number.$)$