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McCormick & Co Inc (NYSE:MKC)
Total Liabilities
\$2,959 Mil (As of Aug. 2016)

McCormick & Co Inc's total liabilities for the quarter that ended in Aug. 2016 was \$2,959 Mil.

McCormick & Co Inc's quarterly total liabilities increased from Feb. 2016 (\$2,689.90 Mil) to May. 2016 (\$2,887.80 Mil) and increased from May. 2016 (\$2,887.80 Mil) to Aug. 2016 (\$2,959.10 Mil).

McCormick & Co Inc's annual total liabilities increased from Nov. 2013 (\$2,517.20 Mil) to Nov. 2014 (\$2,622.10 Mil) and increased from Nov. 2014 (\$2,622.10 Mil) to Nov. 2015 (\$2,837.60 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 & Co Inc's Total Liabilities for the fiscal year that ended in Nov. 2015 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 1240.2 + (1052.7 + 528 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 0 + 16.7) = 2,838

 Total Liabilities = Total Assets (A: Nov. 2015 ) - Total Shareholders Equity (A: Nov. 2015 ) = 4507.8 - 1670.2 = 2,838

McCormick & Co Inc's Total Liabilities for the quarter that ended in Aug. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 1341.2 + (1057.9 + 542.8 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 0 + 17.2) = 2,959

 Total Liabilities = Total Assets (Q: Aug. 2016 ) - Total Shareholders Equity (Q: Aug. 2016 ) = 4716.5 - 1757.4 = 2,959

* 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.

McCormick & Co Inc Annual Data

 Nov06 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Total Liabilities 1,635 1,702 2,165 2,053 1,966 2,486 2,483 2,517 2,622 2,838

McCormick & Co Inc Quarterly Data

 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Total Liabilities 2,447 2,520 2,622 2,514 2,663 2,745 2,838 2,690 2,888 2,959
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