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McCormick & Co Inc (NYSE:MKC)
Total Liabilities
$2,690 Mil (As of Feb. 2016)

McCormick & Co Inc's total liabilities for the quarter that ended in Feb. 2016 was $2,690 Mil.

McCormick & Co Inc's quarterly total liabilities increased from Aug. 2015 ($2,745.40 Mil) to Nov. 2015 ($2,837.60 Mil) but then declined from Nov. 2015 ($2,837.60 Mil) to Feb. 2016 ($2,689.90 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+116.4
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+132.7+278.9+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 Feb. 2016 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=1092.2+(1056.3+524.7
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+0+0+16.7)
=2,690

Total Liabilities=Total Assets (Q: Feb. 2016 )-Total Shareholder’s Equity (Q: Feb. 2016 )
=4400.1-1710.2
=2,690

* 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 & Co Inc Annual Data

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

McCormick & Co Inc Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
Total Liabilities 2,5172,4582,4472,5202,6222,5142,6632,7452,8382,690
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