Costco Wholesale Corp. (COST)

Statement of Financial Position, Liabilities and Stockholders' Equity
Quarterly Data

Difficulty: Beginner

Annual Data

Quarterly Data

The statement of financial position provides creditors, investors, and analysts with information on company's resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company's 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.

Costco Wholesale Corp., Consolidated Statement of Financial Position, Liabilities and Stockholders' Equity (quarterly data)

USD $ in millions

		May 13, 2018		Feb 18, 2018		Nov 26, 2017		Sep 3, 2017		May 7, 2017		Feb 12, 2017		Nov 20, 2016		Aug 28, 2016		May 8, 2016		Feb 14, 2016		Nov 22, 2015		Aug 30, 2015		May 10, 2015		Feb 15, 2015		Nov 23, 2014		Aug 31, 2014		May 11, 2014		Feb 16, 2014		Nov 24, 2013		Sep 1, 2013		May 12, 2013		Feb 17, 2013		Nov 25, 2012		Sep 2, 2012		May 6, 2012		Feb 12, 2012		Nov 20, 2011
	Short-term borrowings
	Accounts payable
	Current portion of long-term debt
	Accrued salaries and benefits
	Accrued member rewards
	Accrued sales and other taxes
	Deferred membership fees
	Other current liabilities
	Current liabilities
	Long-term debt, excluding current portion
	Other liabilities
	Non-current liabilities
	Total liabilities
	Preferred stock $.01 par value; no shares issued and outstanding
	Common stock $.01 par value
	Additional paid-in capital
	Accumulated other comprehensive income (loss)
	Retained earnings
	Total Costco stockholders' equity
	Noncontrolling interests
	Total equity
	Total liabilities and equity

Source: Costco Wholesale Corp., Quarterly and Annual Reports

Item	Description	The company
Accounts payable	Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).	Costco Wholesale Corp.'s accounts payable declined from Q1 2018 to Q2 2018 but then slightly increased from Q2 2018 to Q3 2018.
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.	Costco Wholesale Corp.'s current liabilities declined from Q1 2018 to Q2 2018 but then slightly increased from Q2 2018 to Q3 2018.
Non-current liabilities	Total obligations incurred as part of normal operations that is expected to be repaid beyond the following twelve months or one business cycle.	Costco Wholesale Corp.'s non-current liabilities increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
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.	Costco Wholesale Corp.'s total liabilities declined from Q1 2018 to Q2 2018 but then slightly increased from Q2 2018 to Q3 2018.
Total Costco 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's 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).	Costco Wholesale Corp.'s total Costco stockholders' equity increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.
Total equity	Total of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity.	Costco Wholesale Corp.'s total equity increased from Q1 2018 to Q2 2018 and from Q2 2018 to Q3 2018.

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Costco Wholesale Corp. (COST)

Statement of Financial Position, Liabilities and Stockholders' EquityQuarterly Data

Statement of Financial Position, Liabilities and Stockholders' Equity
Quarterly Data