Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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.

Analog Devices Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

	May 3, 2025	Feb 1, 2025	Nov 2, 2024	Aug 3, 2024	May 4, 2024	Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019	Feb 2, 2019
Accounts payable	429,405)	368,939)	487,457)	424,735)	422,683)	398,107)	493,041)	585,570)	569,002)	534,659)	582,160)	545,068)	451,443)	436,227)	443,434)	265,933)	279,222)	227,423)	227,273)	215,894)	194,211)	211,670)	225,270)	220,230)	208,243)	222,552)
Income taxes payable	358,949)	487,456)	447,379)	398,347)	360,951)	410,013)	309,046)	423,438)	308,968)	513,943)	265,845)	445,726)	337,362)	400,420)	332,685)	233,055)	171,181)	148,191)	182,080)	149,376)	151,691)	118,406)	187,879)	173,917)	124,356)	39,132)
Debt, current	—)	399,855)	399,636)	899,251)	898,776)	499,322)	499,052)	—)	—)	—)	—)	—)	—)	—)	516,663)	1,324,677)	1,324,451)	399,220)	—)	449,324)	448,945)	748,460)	299,667)	411,434)	374,165)	—)
Commercial paper notes	548,720)	548,403)	547,738)	547,443)	548,235)	544,444)	547,224)	544,710)	253,635)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Accrued liabilities	1,353,568)	1,166,343)	1,106,070)	956,853)	1,066,677)	1,071,480)	1,352,608)	1,277,300)	1,514,805)	1,385,075)	1,594,650)	1,450,407)	1,537,407)	1,385,259)	1,477,530)	969,677)	1,001,975)	901,923)	955,633)	873,182)	787,155)	692,006)	795,816)	678,099)	658,271)	588,271)
Current liabilities	2,690,642)	2,970,996)	2,988,280)	3,226,629)	3,297,322)	2,923,366)	3,200,971)	2,831,018)	2,646,410)	2,433,677)	2,442,655)	2,441,201)	2,326,212)	2,221,906)	2,770,312)	2,793,342)	2,776,829)	1,676,757)	1,364,986)	1,687,776)	1,582,002)	1,770,542)	1,508,632)	1,483,680)	1,365,035)	849,955)
Long-term debt, excluding current	6,648,417)	6,618,556)	6,634,313)	6,655,723)	6,611,681)	5,946,673)	5,902,457)	6,437,650)	6,475,646)	6,543,250)	6,548,625)	6,252,839)	6,253,215)	6,253,575)	6,253,212)	3,824,819)	3,823,595)	4,747,347)	5,145,102)	5,143,653)	5,142,223)	4,745,302)	5,192,252)	5,278,643)	5,612,365)	6,234,517)
Deferred income taxes	2,379,575)	2,514,866)	2,624,392)	2,743,015)	2,887,952)	2,975,815)	3,127,852)	3,150,748)	3,325,350)	3,477,044)	3,622,538)	3,764,370)	3,873,084)	3,952,185)	3,938,830)	1,776,308)	1,833,520)	1,862,068)	1,919,595)	1,961,009)	2,000,644)	2,055,100)	2,088,212)	2,171,029)	2,228,822)	2,288,615)
Income taxes payable	96,354)	261,564)	260,486)	266,150)	266,625)	415,535)	417,076)	441,361)	523,653)	712,376)	707,846)	712,982)	698,525)	832,204)	811,337)	529,057)	528,884)	592,281)	591,780)	591,509)	597,166)	656,103)	654,420)	649,228)	647,714)	706,656)
Other non-current liabilities	518,879)	531,029)	544,489)	536,748)	549,497)	579,002)	581,000)	582,216)	560,456)	536,688)	515,363)	536,187)	549,834)	528,432)	555,838)	453,701)	458,285)	473,911)	449,195)	438,061)	438,045)	460,263)	239,937)	193,833)	180,131)	163,098)
Non-current liabilities	9,643,225)	9,926,015)	10,063,680)	10,201,636)	10,315,755)	9,917,025)	10,028,385)	10,611,975)	10,885,105)	11,269,358)	11,394,372)	11,266,378)	11,374,658)	11,566,396)	11,559,217)	6,583,885)	6,644,284)	7,675,607)	8,105,672)	8,134,232)	8,178,078)	7,916,768)	8,174,821)	8,292,733)	8,669,032)	9,392,886)
Total liabilities	12,333,867)	12,897,011)	13,051,960)	13,428,265)	13,613,077)	12,840,391)	13,229,356)	13,442,993)	13,531,515)	13,703,035)	13,837,027)	13,707,579)	13,700,870)	13,788,302)	14,329,529)	9,377,227)	9,421,113)	9,352,364)	9,470,658)	9,822,008)	9,760,080)	9,687,310)	9,683,453)	9,776,413)	10,034,067)	10,242,841)
Preferred stock, $1.00 par value, none outstanding	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Common stock, $0.16 2/3 par value	82,710)	82,664)	82,718)	82,750)	82,704)	82,653)	82,712)	83,054)	83,571)	84,306)	84,880)	85,725)	86,636)	87,221)	87,554)	61,370)	61,472)	61,484)	61,582)	61,529)	61,405)	61,371)	61,385)	61,569)	61,628)	61,387)
Capital in excess of par value	24,885,204)	25,041,250)	25,082,243)	25,101,781)	25,103,737)	25,253,256)	25,313,914)	25,705,193)	26,262,226)	27,319,566)	27,857,270)	28,590,056)	29,400,284)	30,093,961)	30,574,237)	4,614,677)	4,724,493)	4,849,185)	4,949,586)	4,909,651)	4,861,013)	4,923,947)	4,936,349)	5,060,586)	5,117,202)	5,111,058)
Retained earnings	10,210,338)	10,131,590)	10,196,612)	10,175,296)	10,239,549)	10,393,449)	10,356,798)	10,286,353)	9,839,790)	9,297,347)	8,721,325)	8,175,444)	7,820,477)	7,434,748)	7,517,316)	7,812,859)	7,564,054)	7,395,578)	7,236,238)	7,079,309)	6,945,442)	6,906,346)	6,899,253)	6,821,755)	6,659,449)	6,491,013)
Accumulated other comprehensive loss	(167,632)	(184,969)	(185,256)	(169,718)	(177,201)	(181,285)	(188,302)	(170,854)	(172,363)	(169,734)	(198,152)	(212,634)	(207,615)	(188,618)	(186,565)	(224,943)	(182,915)	(218,501)	(249,461)	(272,929)	(277,002)	(202,147)	(187,799)	(153,673)	(96,021)	(78,021)
Shareholders’ equity	35,010,620)	35,070,535)	35,176,317)	35,190,109)	35,248,789)	35,548,073)	35,565,122)	35,903,746)	36,013,224)	36,531,485)	36,465,323)	36,638,591)	37,099,782)	37,427,312)	37,992,542)	12,263,963)	12,167,104)	12,087,746)	11,997,945)	11,777,560)	11,590,858)	11,689,517)	11,709,188)	11,790,237)	11,742,258)	11,585,437)
Total liabilities and shareholders’ equity	47,344,487)	47,967,546)	48,228,277)	48,618,374)	48,861,866)	48,388,464)	48,794,478)	49,346,739)	49,544,739)	50,234,520)	50,302,350)	50,346,170)	50,800,652)	51,215,614)	52,322,071)	21,641,190)	21,588,217)	21,440,110)	21,468,603)	21,599,568)	21,350,938)	21,376,827)	21,392,641)	21,566,650)	21,776,325)	21,828,278)

Accounts payable: Accounts payable values fluctuate over the periods, starting at 222,552 thousand USD in early 2019 and reaching a peak exceeding 580,000 thousand USD around late 2022 and early 2023. Thereafter, a decline is observed towards mid-2025, falling close to 370,000 thousand USD. This indicates variable short-term obligations with a general increase followed by a moderated decrease.
Income taxes payable: Income taxes payable show high volatility, with early values around 39,000 thousand USD rising dramatically to over 487,000 thousand USD towards early 2025. Two distinct series of income taxes payable data appear—with one reflecting consistently larger values exceeding 300,000 thousand USD in most periods, and the other showing values declining from approximately 706,000 thousand USD in early 2019 to just under 100,000 thousand USD by early 2025. This suggests different categories or classifications impacting tax liabilities, highlighting complexity in tax-related obligations.
Debt, current: Current debt figures are sporadic, with notable peaks such as 1,324,451 thousand USD in early 2021 and values near 900,000 thousand USD in the 2023-2024 timeframe. The irregular presence of data points and significant spikes imply episodic borrowing or refinancing activities influencing short-term financing.
Commercial paper notes: Commercial paper notes are missing until late 2022, after which they consistently appear at approximately 548,000 thousand USD. This suggests the introduction or increased reliance on this financing method during the later reporting periods.
Accrued liabilities: Accrued liabilities generally increase over time, starting around 588,000 thousand USD in early 2019 and reaching above 1,350,000 thousand USD by mid-2025. The trend reflects rising obligations accrued but not yet paid, reflecting possibly expansion or increased operating activities.
Current liabilities: Current liabilities broadly trend upward from approximately 850,000 thousand USD in early 2019 to a peak near 3,200,000 thousand USD in late 2023, before stabilizing around 2,690,000 thousand USD towards mid-2025. This shows expanding short-term obligations, with a significant surge during 2021-2023 and a slight subsequent decline.
Long-term debt, excluding current: Long-term debt declines steadily from over 6,200,000 thousand USD in early 2019 to near 4,700,000 thousand USD by early 2021, then rises again to exceed 6,600,000 thousand USD in 2024 and 2025. The pattern indicates debt reduction initially, followed by renewed borrowing or refinancing increasing long-term liabilities in later years.
Deferred income taxes: Deferred income taxes decrease progressively from approximately 2,288,615 thousand USD in early 2019 to under 2,380,000 thousand USD by early 2025, with some fluctuations. This signals a gradual reduction in tax deferrals over the period, possibly from recognition of deferred tax liabilities or changes in tax positions.
Other non-current liabilities: These liabilities experience moderate growth, increasing from about 163,000 thousand USD in early 2019 to roughly 518,000 thousand USD by mid-2025. The increase is relatively steady, indicating growing non-current commitments outside of debt and deferred taxes.
Non-current liabilities: Non-current liabilities generally decline from roughly 9,390,000 thousand USD in early 2019 to about 9,640,000 thousand USD in 2025. Despite some fluctuations, the overall trend is a modest decrease, suggesting management of long-term obligations to maintain or reduce non-current liabilities over time.
Total liabilities: Total liabilities show an initial downward trend from about 10,242,841 thousand USD in early 2019 to near 9,350,000 thousand USD around 2020-2021, before increasing sharply to over 13,800,000 thousand USD in 2021. Subsequently, a gradual decline occurs, with liabilities reducing to approximately 12,330,000 thousand USD by mid-2025. The peak in 2021 suggests episodic increases in obligations, followed by consistent deleveraging.
Common stock and capital in excess of par value: The value of common stock par remains relatively stable throughout the periods, staying near 61,000 to 87,000 thousand USD, with a slight increase corresponding to late 2020 data. Capital in excess of par value decreases steadily from over 5,111,000 thousand USD in 2019 to about 2,488,520 thousand USD in mid-2025, indicating possible share repurchases, amortization of capital, or adjustments affecting additional paid-in capital.
Retained earnings: Retained earnings show a consistent upward trajectory from approximately 6,491,000 thousand USD in early 2019, peaking above 10,380,000 thousand USD by late 2023. This is followed by a slight decline toward mid-2025, reflecting accumulated profits with recent distributions or losses tempering the upward trend.
Accumulated other comprehensive loss: Accumulated other comprehensive loss fluctuates, with an initial increase in loss magnitude from about -78,000 thousand USD in early 2019 to roughly -212,000 thousand USD in 2022, followed by a reduction in loss size to approximately -167,000 thousand USD by mid-2025. The fluctuating loss pattern suggests variable unrealized gains and losses impacting equity components.
Shareholders’ equity: Shareholders' equity remains generally stable, ranging between approximately 11,585,000 and 12,263,000 thousand USD before a substantial increase to over 35,000,000 thousand USD by 2021. After this increase, equity progressively declines slightly, stabilizing near 35,000,000 thousand USD toward mid-2025. The sharp mid-period rise indicates major equity injections, revaluation, or changes in accounting treatment.
Total liabilities and shareholders’ equity: This aggregate metric aligns with the trends in liabilities and equity, starting near 21,828,000 thousand USD in early 2019, increasing sharply to over 52,300,000 thousand USD in 2021, and then gradually decreasing to around 47,340,000 thousand USD by mid-2025. This reflects the combined impact of episodic increases in balance sheet totals and subsequent moderate contractions.

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Analog Devices Inc. (NASDAQ:ADI)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data