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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

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

Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15Nov16
Total Liabilities 1,7022,1652,0531,9662,4862,4832,5172,6222,8023,009

McCormick & Co Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
Total Liabilities 2,6222,5142,6632,7452,8022,6902,8882,9593,0093,032
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