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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

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.

McCormick & Co Inc Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
Total Liabilities 1,6351,7022,1652,0531,9662,4862,4832,5172,6222,838

McCormick & Co Inc Quarterly Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
Total Liabilities 2,4472,5202,6222,5142,6632,7452,8382,6902,8882,959
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