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Sothebys (NYSE:BID)
Total Liabilities
\$1,999.0 Mil (As of Dec. 2016)

Sothebys's total liabilities for the quarter that ended in Dec. 2016 was \$1,999.0 Mil.

Sothebys's quarterly total liabilities declined from Jun. 2016 (\$2,238.41 Mil) to Sep. 2016 (\$1,842.72 Mil) but then increased from Sep. 2016 (\$1,842.72 Mil) to Dec. 2016 (\$1,999.01 Mil).

Sothebys's annual total liabilities increased from Dec. 2014 (\$2,257.12 Mil) to Dec. 2015 (\$2,456.89 Mil) but then declined from Dec. 2015 (\$2,456.89 Mil) to Dec. 2016 (\$1,999.01 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.

Sothebys's Total Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 742.975 + (1163.941 + 55.766 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 36.142 + 0 + 0.184) = 1,999.0

 Total Liabilities = Total Assets (A: Dec. 2016 ) - Total Shareholders Equity (A: Dec. 2016 ) = 2504.426 - 505.418 = 1,999.0

Sothebys's Total Liabilities for the quarter that ended in Dec. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 742.975 + (1163.941 + 55.766 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 36.142 + 0 + 0.184) = 1,999.0

 Total Liabilities = Total Assets (Q: Dec. 2016 ) - Total Shareholders Equity (Q: Dec. 2016 ) = 2504.426 - 505.418 = 1,999.0

* 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.

Sothebys Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Liabilities 1,416.1 1,090.9 1,009.1 1,407.1 1,495.7 1,582.3 1,754.2 2,257.1 2,456.9 1,999.0

Sothebys Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Liabilities 1,636.1 2,257.1 1,634.6 2,186.7 1,720.1 2,456.9 1,795.2 2,238.4 1,842.7 1,999.0
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