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.

lululemon athletica inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020	Feb 3, 2019
Accounts payable	348,441)	172,732)	289,728)	172,246)	79,997)	95,533)
Accrued operating expenses	147,215)	169,429)	116,822)	71,648)	43,225)	49,945)
Sales return allowances	61,634)	55,528)	41,690)	32,560)	12,897)	11,318)
Accrued freight	41,241)	57,692)	71,390)	25,687)	—)	—)
Accrued capital expenditures	31,936)	19,365)	9,616)	8,653)	5,457)	11,295)
Accrued duty	25,817)	21,046)	27,182)	17,404)	16,178)	—)
Accrued rent	12,522)	12,223)	11,254)	8,559)	8,356)	7,331)
Accrued inventory liabilities	4,783)	4,345)	4,005)	14,956)	6,344)	16,241)
Sales tax collected	3,088)	20,183)	13,540)	15,246)	17,370)	16,091)
Forward currency contract liabilities	2,872)	25,625)	18,985)	18,766)	1,920)	1,042)
Other	17,447)	13,787)	16,316)	13,388)	7,238)	—)
Accrued liabilities and other	348,555)	399,223)	330,800)	226,867)	118,985)	113,263)
Accrued compensation and related expenses	326,110)	248,167)	204,921)	130,171)	133,688)	109,181)
Current operating lease liabilities	249,270)	207,972)	188,996)	166,091)	128,497)	—)
Current income taxes payable	12,098)	174,221)	133,852)	8,357)	26,436)	67,412)
Unredeemed gift card liability	306,479)	251,478)	208,195)	155,848)	120,413)	99,412)
Other current liabilities	40,308)	38,405)	48,842)	23,598)	12,402)	15,676)
Current liabilities	1,631,261)	1,492,198)	1,405,334)	883,178)	620,418)	500,477)
Non-current operating lease liabilities	1,154,012)	862,362)	692,056)	632,590)	611,464)	—)
Non-current income taxes payable	15,864)	28,555)	38,074)	43,150)	48,226)	42,099)
Deferred income tax liabilities	29,522)	55,084)	53,352)	58,755)	43,432)	14,249)
Other non-current liabilities	29,201)	20,040)	13,616)	8,976)	5,596)	81,911)
Non-current liabilities	1,228,599)	966,041)	797,098)	743,471)	708,718)	138,259)
Total liabilities	2,859,860)	2,458,239)	2,202,432)	1,626,649)	1,329,136)	638,736)
Undesignated preferred stock, $0.01 par value; none issued and outstanding	—)	—)	—)	—)	—)	—)
Exchangeable stock, no par value	—)	—)	—)	—)	—)	—)
Special voting stock, $0.000005 par value	—)	—)	—)	—)	—)	—)
Common stock, $0.005 par value	606)	611)	616)	626)	621)	608)
Additional paid-in capital	575,369)	474,645)	422,507)	388,667)	355,541)	315,285)
Retained earnings	3,920,362)	2,926,127)	2,512,840)	2,346,428)	1,820,637)	1,346,890)
Accumulated other comprehensive loss	(264,256)	(252,584)	(195,917)	(177,155)	(224,581)	(216,808)
Stockholders’ equity	4,232,081)	3,148,799)	2,740,046)	2,558,566)	1,952,218)	1,445,975)
Total liabilities and stockholders’ equity	7,091,941)	5,607,038)	4,942,478)	4,185,215)	3,281,354)	2,084,711)

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

Download chart

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.	lululemon athletica inc. current liabilities increased from 2022 to 2023 and from 2023 to 2024.
Non-current liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	lululemon athletica inc. non-current liabilities increased from 2022 to 2023 and from 2023 to 2024.
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.	lululemon athletica inc. total liabilities increased from 2022 to 2023 and from 2023 to 2024.
Stockholders’ equity	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.	lululemon athletica inc. stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.

lululemon athletica inc. (NASDAQ:LULU)

Balance Sheet: Liabilities and Stockholders’ Equity