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Hormel Foods Corp (NYSE:HRL)
Total Liabilities
$1,998 Mil (As of Jul. 2016)

Hormel Foods Corp's total liabilities for the quarter that ended in Jul. 2016 was $1,998 Mil.

Hormel Foods Corp's quarterly total liabilities declined from Jan. 2016 ($1,880.60 Mil) to Apr. 2016 ($1,803.86 Mil) but then increased from Apr. 2016 ($1,803.86 Mil) to Jul. 2016 ($1,997.55 Mil).

Hormel Foods Corp's annual total liabilities increased from Oct. 2013 ($1,604.84 Mil) to Oct. 2014 ($1,849.94 Mil) and increased from Oct. 2014 ($1,849.94 Mil) to Oct. 2015 ($2,141.63 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. 2015 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=1214.025+(250+101.056
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+64.096+509.261+3.195)
=2,142

Total Liabilities=Total Assets (A: Oct. 2015 )-Total Shareholder’s Equity (A: Oct. 2015 )
=6139.831-3998.198
=2,142

Hormel Foods Corp's Total Liabilities for the quarter that ended in Jul. 2016 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=1128.727+(250+99.568
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+0+516.055+3.196)
=1,998

Total Liabilities=Total Assets (Q: Jul. 2016 )-Total Shareholder’s Equity (Q: Jul. 2016 )
=6388.297-4390.751
=1,998

* 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.

Hormel Foods Corp Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
Total Liabilities 1,5091,6091,5691,6531,5881,7451,6051,8502,1421,919

Hormel Foods Corp Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Total Liabilities 1,6171,8501,8331,7822,1582,1421,8811,8041,9981,919
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