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Nike Inc  (NYSE:NKE) Total Liabilities: \$11,654 Mil (As of Aug. 2017)

Nike Inc's total liabilities for the quarter that ended in Aug. 2017 was \$11,654 Mil.

Nike Inc's quarterly total liabilities increased from Feb. 2017 (\$10,430.00 Mil) to May. 2017 (\$10,852.00 Mil) and increased from May. 2017 (\$10,852.00 Mil) to Aug. 2017 (\$11,654.00 Mil).

Nike Inc's annual total liabilities increased from May. 2015 (\$8,890.00 Mil) to May. 2016 (\$9,121.00 Mil) and increased from May. 2016 (\$9,121.00 Mil) to May. 2017 (\$10,852.00 Mil).

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Nike Inc Annual Data

 May08 May09 May10 May11 May12 May13 May14 May15 May16 May17 Total Liabilities 6,464.00 7,770.00 8,890.00 9,121.00 10,852.00

Nike Inc Quarterly Data

 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Total Liabilities 8,991.00 10,329.00 10,430.00 10,852.00 11,654.00

Calculation

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.

Nike Inc's Total Liabilities for the fiscal year that ended in May. 2017 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Other Long Term Assets = 5474 + (3471 + 0 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 1907 + 0 + 0) = 10,852

 Total Liabilities = Total Assets (A: May. 2017 ) - Total Equity (A: May. 2017 ) = 23259 - 12407 = 10,852

Nike Inc's Total Liabilities for the quarter that ended in Aug. 2017 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation = 6056 + (3472 + 0 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 2126 + 0 + 0) = 11,654

 Total Liabilities = Total Assets (Q: Aug. 2017 ) - Total Equity (Q: Aug. 2017 ) = 23647 - 11993 = 11,654

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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