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United States Steel Corp's quarterly accounts payable & accrued expense declined from Sep. 2015 ($2,962 Mil) to Dec. 2015 ($2,103 Mil) but then increased from Dec. 2015 ($2,103 Mil) to Mar. 2016 ($2,122 Mil).
United States Steel Corp's annual accounts payable & accrued expense increased from Dec. 2013 ($2,922 Mil) to Dec. 2014 ($3,191 Mil) but then declined from Dec. 2014 ($3,191 Mil) to Dec. 2015 ($2,103 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
United States Steel Corp Annual Data
|Accounts Payable & Accrued Expense||1,526||1,845||2,686||2,432||2,901||3,225||2,973||2,922||3,191||2,103|
United States Steel Corp Quarterly Data
|Accounts Payable & Accrued Expense||2,922||3,216||3,501||3,188||3,191||2,899||2,868||2,962||2,103||2,122|