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Hormel Foods Corp (NYSE:HRL)
Total Liabilities
$1,850 Mil (As of Oct. 2014)

Hormel Foods Corp's total liabilities for the quarter that ended in Oct. 2014 was $1,850 Mil.

Hormel Foods Corp's quarterly total liabilities increased from Apr. 2014 ($1,579.91 Mil) to Jul. 2014 ($1,617.13 Mil) and increased from Jul. 2014 ($1,617.13 Mil) to Oct. 2014 ($1,849.94 Mil).

Hormel Foods Corp's annual total liabilities declined from Oct. 2012 ($1,744.51 Mil) to Oct. 2013 ($1,604.84 Mil) but then increased from Oct. 2013 ($1,604.84 Mil) to Oct. 2014 ($1,849.94 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.

Hormel Foods Corp's Total Liabilities for the fiscal year that ended in Oct. 2014 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=954.692+(250+118.554
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit)
+24.002+502.693)
=1,850

Total Liabilities=Total Assets (A: Oct. 2014 )-Total Shareholder’s Equity (A: Oct. 2014 )
=5455.619-3605.678
=1,850

Hormel Foods Corp's Total Liabilities for the quarter that ended in Oct. 2014 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=954.692+(250+118.554
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit)
+24.002+502.693)
=1,850

Total Liabilities=Total Assets (Q: Oct. 2014 )-Total Shareholder’s Equity (Q: Oct. 2014 )
=5455.619-3605.678
=1,850

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

Hormel Foods Corp Annual Data

Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14
Total Liabilities 1,2481,2571,5091,6091,5691,6531,5881,7451,6051,850

Hormel Foods Corp Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
Total Liabilities 1,4941,7451,6961,6581,7161,6051,6491,5801,6171,850
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