Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Starbucks Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

	Oct 1, 2023	Oct 2, 2022	Oct 3, 2021	Sep 27, 2020	Sep 29, 2019	Sep 30, 2018
Accounts payable	1,544,300)	1,441,400)	1,211,600)	997,900)	1,189,700)	1,179,300)
Accrued occupancy costs	86,700)	84,600)	107,100)	76,900)	176,900)	164,200)
Accrued dividends payable	651,200)	608,300)	578,100)	—)	485,700)	445,400)
Accrued capital and other operating expenditures	771,700)	878,100)	840,700)	677,200)	703,900)	745,400)
Insurance reserves	233,500)	232,300)	229,300)	243,900)	210,500)	213,700)
Income taxes payable	189,300)	139,200)	348,000)	98,200)	1,291,700)	102,800)
Accrued business taxes	212,700)	194,600)	218,000)	162,700)	176,700)	183,800)
Accrued liabilities	2,145,100)	2,137,100)	2,321,200)	1,258,900)	3,045,400)	1,855,300)
Accrued payroll and benefits	828,300)	761,700)	772,300)	696,000)	664,600)	656,800)
Current portion of operating lease liability	1,275,300)	1,245,700)	1,251,300)	1,248,800)	—)	—)
Stored value card liability and current portion of deferred revenue	1,700,200)	1,641,900)	1,596,100)	1,456,500)	1,269,000)	1,642,900)
Short-term debt	33,500)	175,000)	—)	438,800)	—)	—)
Current portion of long-term debt	1,818,600)	1,749,000)	998,900)	1,249,900)	—)	349,900)
Current liabilities	9,345,300)	9,151,800)	8,151,400)	7,346,800)	6,168,700)	5,684,200)
Long-term debt, excluding current portion	13,547,600)	13,119,900)	13,616,900)	14,659,600)	11,167,000)	9,090,200)
Operating lease liability, excluding current portion	7,924,800)	7,515,200)	7,738,000)	7,661,700)	—)	—)
Deferred revenue	6,101,800)	6,279,700)	6,463,000)	6,598,500)	6,744,400)	6,775,700)
Other long-term liabilities	513,800)	610,500)	737,800)	907,300)	1,370,500)	1,430,500)
Long-term liabilities	28,088,000)	27,525,300)	28,555,700)	29,827,100)	19,281,900)	17,296,400)
Total liabilities	37,433,300)	36,677,100)	36,707,100)	37,173,900)	25,450,600)	22,980,600)
Common stock; $0.001 par value	1,100)	1,100)	1,200)	1,200)	1,200)	1,300)
Additional paid-in capital	38,100)	205,300)	846,100)	373,900)	41,100)	41,100)
Retained earnings (deficit)	(7,255,800)	(8,449,800)	(6,315,700)	(7,815,600)	(5,771,200)	1,457,400)
Accumulated other comprehensive income (loss)	(778,200)	(463,200)	147,200)	(364,600)	(503,300)	(330,300)
Shareholders’ equity (deficit)	(7,994,800)	(8,706,600)	(5,321,200)	(7,805,100)	(6,232,200)	1,169,500)
Noncontrolling interests	7,000)	7,900)	6,700)	5,700)	1,200)	6,300)
Total equity (deficit)	(7,987,800)	(8,698,700)	(5,314,500)	(7,799,400)	(6,231,000)	1,175,800)
Total liabilities and equity (deficit)	29,445,500)	27,978,400)	31,392,600)	29,374,500)	19,219,600)	24,156,400)

Based on: 10-K (reporting date: 2023-10-01), 10-K (reporting date: 2022-10-02), 10-K (reporting date: 2021-10-03), 10-K (reporting date: 2020-09-27), 10-K (reporting date: 2019-09-29), 10-K (reporting date: 2018-09-30).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Starbucks Corp. current liabilities increased from 2021 to 2022 and from 2022 to 2023.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Starbucks Corp. long-term liabilities decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Starbucks Corp. total liabilities decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Shareholders’ equity (deficit)	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Starbucks Corp. shareholders’ equity (deficit) decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.

Starbucks Corp. (NASDAQ:SBUX)

Balance Sheet: Liabilities and Stockholders’ Equity