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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. 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 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

Total Assets, Total Shareholder’s Equity, Total Current Liabilities, Long-Term Debt, Other Long-Term Liab.


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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Total Liabilities 1,324,4651,568,9431,640,8911,998,7882,036,6611,898,9451,973,0181,869,5881,861,0631,888,111

Bank of America Corporation Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Total Liabilities 1,933,1461,884,9321,861,0631,893,3571,897,3751,897,1011,888,1111,922,7221,919,5401,925,231
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