Switch to:
GuruFocus has detected 4 Warning Signs with McCormick & Co Inc \$MKC.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
McCormick & Co Inc (NYSE:MKC)
Total Liabilities
\$3,032 Mil (As of Feb. 2017)

McCormick & Co Inc's total liabilities for the quarter that ended in Feb. 2017 was \$3,032 Mil.

McCormick & Co Inc's quarterly total liabilities increased from Aug. 2016 (\$2,959.10 Mil) to Nov. 2016 (\$3,009.30 Mil) and increased from Nov. 2016 (\$3,009.30 Mil) to Feb. 2017 (\$3,031.90 Mil).

McCormick & Co Inc's annual total liabilities increased from Nov. 2014 (\$2,622.10 Mil) to Nov. 2015 (\$2,802.40 Mil) and increased from Nov. 2015 (\$2,802.40 Mil) to Nov. 2016 (\$3,009.30 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. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 1422.7 + (1054 + 121.7 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 79.9 + 319.5 + 11.5) = 3,009

 Total Liabilities = Total Assets (A: Nov. 2016 ) - Total Shareholders Equity (A: Nov. 2016 ) = 4635.9 - 1626.6 = 3,009

McCormick & Co Inc's Total Liabilities for the quarter that ended in Feb. 2017 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 1738.4 + (803.5 + 477.6 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0 + 0 + 12.4) = 3,032

 Total Liabilities = Total Assets (Q: Feb. 2017 ) - Total Shareholders Equity (Q: Feb. 2017 ) = 4751.1 - 1719.2 = 3,032

* 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

 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Total Liabilities 1,702 2,165 2,053 1,966 2,486 2,483 2,517 2,622 2,802 3,009

McCormick & Co Inc Quarterly Data

 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 Total Liabilities 2,622 2,514 2,663 2,745 2,802 2,690 2,888 2,959 3,009 3,032
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)