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Bank of America Corporation (NYSE:BAC)
Total Liabilities
\$1,919,540 Mil (As of Jun. 2016)

Bank of America Corporation's total liabilities for the quarter that ended in Jun. 2016 was \$1,919,540 Mil.

Bank of America Corporation's quarterly total liabilities increased from Dec. 2015 (\$1,888,111.00 Mil) to Mar. 2016 (\$1,922,722.00 Mil) but then declined from Mar. 2016 (\$1,922,722.00 Mil) to Jun. 2016 (\$1,919,540.00 Mil).

Bank of America Corporation's annual total liabilities declined from Dec. 2013 (\$1,869,588.00 Mil) to Dec. 2014 (\$1,861,063.00 Mil) but then increased from Dec. 2014 (\$1,861,063.00 Mil) to Dec. 2015 (\$1,888,111.00 Mil).

Definition

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Bank of America Corporation's Total Liabilities for the fiscal year that ended in Dec. 2015 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 0 + (236764 + 1651347 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 0 + 0) = 1,888,111

 Total Liabilities = Total Assets (A: Dec. 2015 ) - Total Shareholders Equity (A: Dec. 2015 ) = 2144316 - 256205 = 1,888,111

Bank of America Corporation's Total Liabilities for the quarter that ended in Jun. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 0 + (229617 + 1689923 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 0 + 0) = 1,919,540

 Total Liabilities = Total Assets (Q: Jun. 2016 ) - Total Shareholders Equity (Q: Jun. 2016 ) = 2186609 - 267069 = 1,919,540

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Bank of America Corporation Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Total Liabilities 1,324,465 1,568,943 1,640,891 1,998,788 2,036,661 1,898,945 1,973,018 1,869,588 1,861,063 1,888,111

Bank of America Corporation Quarterly Data

 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Total Liabilities 1,917,963 1,933,146 1,884,932 1,861,063 1,893,357 1,897,375 1,897,101 1,888,111 1,922,722 1,919,540
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