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McCormick & Company Inc (NYSE:MKC)
Total Liabilities
$2,520 Mil (As of Aug. 2014)

McCormick & Company Inc's total liabilities for the quarter that ended in Aug. 2014 was $2,520 Mil.

McCormick & Company Inc's quarterly total liabilities declined from Feb. 2014 ($2,458.20 Mil) to May. 2014 ($2,447.10 Mil) but then increased from May. 2014 ($2,447.10 Mil) to Aug. 2014 ($2,519.60 Mil).

McCormick & Company Inc's annual total liabilities declined from Nov. 2011 ($2,486.10 Mil) to Nov. 2012 ($2,482.50 Mil) but then increased from Nov. 2012 ($2,482.50 Mil) to Nov. 2013 ($2,517.20 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.

McCormick & Company Inc's Total Liabilities for the fiscal year that ended in Nov. 2013 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=1063.1+(1019+106.6
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit)
+139.3+189.2)
=2,517

Total Liabilities=Total Assets (A: Nov. 2013 )-Total Shareholder’s Equity (A: Nov. 2013 )
=4449.7-1932.5
=2,517

McCormick & Company Inc's Total Liabilities for the quarter that ended in Aug. 2014 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=1077.6+(1014.3+427.7
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit)
+0+0)
=2,520

Total Liabilities=Total Assets (Q: Aug. 2014 )-Total Shareholder’s Equity (Q: Aug. 2014 )
=4472.1-1952.5
=2,520

* 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.

McCormick & Company Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
Total Liabilities 1,4801,4731,6351,7022,1652,0531,9662,4862,4832,517

McCormick & Company Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Total Liabilities 2,3442,3512,4832,3792,4922,5702,5172,4582,4472,520
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