Stock Analysis on Net

Emerson Electric Co. (NYSE:EMR)

This company has been moved to the archive! The financial data has not been updated since April 24, 2020.

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.

Emerson Electric Co., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016 Sep 30, 2015 Sep 30, 2014
Short-term borrowings and current maturities of long-term debt 1,444 1,623 862 2,584 2,553 2,465
Accounts payable 1,874 1,943 1,776 1,517 2,358 2,951
Employee compensation 606 629 531 431 597 705
Customer advances (contract liabilities) 519 453 505 433 450 455
Product warranty 140 124 120 106 167 193
Other 1,393 1,392 1,251 2,937 1,675 1,685
Accrued expenses 2,658 2,598 2,407 3,907 2,889 3,038
Current liabilities 5,976 6,164 5,045 8,008 7,800 8,454
Long-term debt, excluding current maturities 4,277 3,137 3,794 4,062 4,289 3,559
Pension and postretirement liabilities 775 625 664 1,037 861 797
Deferred income taxes 327 484 425 210 408 572
Asbestos litigation 313 334 340 52
Other 556 656 551 756 602 628
Other liabilities 1,971 2,099 1,980 2,055 1,871 1,997
Noncurrent liabilities 6,248 5,236 5,774 6,117 6,160 5,556
Total liabilities 12,224 11,400 10,819 14,125 13,960 14,010
Common stock, $0.50 par value 477 477 477 477 477 477
Additional paid-in capital 393 348 297 205 170 161
Retained earnings 24,199 23,072 21,995 21,716 21,308 19,867
Accumulated other comprehensive loss (1,722) (1,015) (1,019) (1,999) (1,617) (575)
Cost of common stock in treasury (15,114) (13,935) (13,032) (12,831) (12,257) (9,811)
Common stockholders’ equity 8,233 8,947 8,718 7,568 8,081 10,119
Noncontrolling interests in subsidiaries 40 43 52 50 47 48
Total equity 8,273 8,990 8,770 7,618 8,128 10,167
Total liabilities and equity 20,497 20,390 19,589 21,743 22,088 24,177

Based on: 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30).

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. Emerson Electric Co. current liabilities increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Emerson Electric Co. noncurrent liabilities decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 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. Emerson Electric Co. total liabilities increased from 2017 to 2018 and from 2018 to 2019.
Common 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. Emerson Electric Co. common stockholders’ equity increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.