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Southwest Airlines Co (NYSE:LUV)
Total Liabilities
\$14,845 Mil (As of Dec. 2016)

Southwest Airlines Co's total liabilities for the quarter that ended in Dec. 2016 was \$14,845 Mil.

Southwest Airlines Co's quarterly total liabilities increased from Jun. 2016 (\$14,626.00 Mil) to Sep. 2016 (\$14,998.00 Mil) but then declined from Sep. 2016 (\$14,998.00 Mil) to Dec. 2016 (\$14,845.00 Mil).

Southwest Airlines Co's annual total liabilities increased from Dec. 2014 (\$12,948.00 Mil) to Dec. 2015 (\$13,954.00 Mil) and increased from Dec. 2015 (\$13,954.00 Mil) to Dec. 2016 (\$14,845.00 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.

Southwest Airlines Co'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. = 6844 + (2821 + 1806 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 3374 + 0 + 0) = 14,845

 Total Liabilities = Total Assets (A: Dec. 2016 ) - Total Shareholders Equity (A: Dec. 2016 ) = 23286 - 8441 = 14,845

Southwest Airlines Co'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. = 6844 + (2821 + 1806 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 3374 + 0 + 0) = 14,845

 Total Liabilities = Total Assets (Q: Dec. 2016 ) - Total Shareholders Equity (Q: Dec. 2016 ) = 23286 - 8441 = 14,845

* 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.

Southwest Airlines Co Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Liabilities 9,831 9,115 8,803 9,226 11,191 11,604 12,009 12,948 13,954 14,845

Southwest Airlines Co Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Liabilities 13,110 12,948 14,261 13,917 14,191 13,954 14,745 14,626 14,998 14,845
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