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Bank of America Corporation (NYSE:BAC)
Total Liabilities
\$1,925,231 Mil (As of Sep. 2016)

Bank of America Corporation's total liabilities for the quarter that ended in Sep. 2016 was \$1,925,231 Mil.

Bank of America Corporation's quarterly total liabilities declined from Mar. 2016 (\$1,922,722.00 Mil) to Jun. 2016 (\$1,919,540.00 Mil) but then increased from Jun. 2016 (\$1,919,540.00 Mil) to Sep. 2016 (\$1,925,231.00 Mil).

Bank of America Corporation's annual total liabilities declined from Dec. 2012 (\$1,973,018.00 Mil) to Dec. 2013 (\$1,869,588.00 Mil) and declined from Dec. 2013 (\$1,869,588.00 Mil) to Dec. 2014 (\$1,861,063.00 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. 2014 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 0 + (243139 + 1617924 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 0 + 0) = 1,861,063

 Total Liabilities = Total Assets (A: Dec. 2014 ) - Total Shareholders Equity (A: Dec. 2014 ) = 2104534 - 243471 = 1,861,063

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

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 0 + (225136 + 1700095 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 0 + 0) = 1,925,231

 Total Liabilities = Total Assets (Q: Sep. 2016 ) - Total Shareholders Equity (Q: Sep. 2016 ) = 2195314 - 270083 = 1,925,231

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Total Liabilities 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 1,925,231
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