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McCormick & Company Inc (NYSE:MKC)
Total Liabilities
$2,514 Mil (As of Feb. 2015)

McCormick & Company Inc's total liabilities for the quarter that ended in Feb. 2015 was $2,514 Mil.

McCormick & Company Inc's quarterly total liabilities increased from Aug. 2014 ($2,519.60 Mil) to Nov. 2014 ($2,622.10 Mil) but then declined from Nov. 2014 ($2,622.10 Mil) to Feb. 2015 ($2,513.60 Mil).

McCormick & Company Inc's annual total liabilities increased from Nov. 2012 ($2,482.50 Mil) to Nov. 2013 ($2,517.20 Mil) and increased from Nov. 2013 ($2,517.20 Mil) to Nov. 2014 ($2,622.10 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. 2014 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=1122+(1014.1+106
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit)
+108.2+271.8)
=2,622

Total Liabilities=Total Assets (A: Nov. 2014 )-Total Shareholder’s Equity (A: Nov. 2014 )
=4414.3-1792.2
=2,622

McCormick & Company Inc's Total Liabilities for the quarter that ended in Feb. 2015 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=1221+(806.8+485.8
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit)
+0+0)
=2,514

Total Liabilities=Total Assets (Q: Feb. 2015 )-Total Shareholder’s Equity (Q: Feb. 2015 )
=4197.5-1683.9
=2,514

* 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

Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14
Total Liabilities 1,4731,6351,7022,1652,0531,9662,4862,4832,5172,622

McCormick & Company Inc Quarterly Data

Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15
Total Liabilities 2,4832,3792,4922,5702,5172,4582,4472,5202,6222,514
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