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.
Paying user area
Try for free
Marriott International Inc. pages available for free this week:
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Common Stock Valuation Ratios
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Net Profit Margin since 2005
- Operating Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Price to Operating Profit (P/OP) since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Marriott International Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Marriott International Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).
- Current portion of long-term debt
- The current portion of long-term debt fluctuated notably, peaking at US$1,664 million in March 2020, after a low of US$227 million in September 2019. This indicates an increased obligation due within one year at the end of the reported periods.
- Accounts payable
- Accounts payable showed moderate variability, with values ranging between approximately US$577 million and US$927 million, demonstrating relatively stable vendor obligations over the quarters, without a clear upward or downward trend.
- Accrued payroll and benefits
- Accrued payroll and benefits increased gradually over time, starting from US$759 million in March 2015 and reaching a high of US$1,345 million in December 2018 before a slight decline and subsequent rise to US$1,339 million by March 2020. This reflects growing payroll liabilities.
- Liability for guest loyalty program (current and noncurrent)
- The liability for guest loyalty programs in both current and noncurrent portions increased significantly over the period. The current portion rose from US$675 million to US$1,550 million, while the noncurrent portion increased from US$1,706 million to US$4,294 million. This indicates expanding obligations related to customer loyalty programs.
- Accrued expenses and other
- Accrued expenses and other liabilities showed considerable fluctuations, with significant jumps in some periods, for example, rising to US$1,541 million in December 2017 and then decreasing to around US$963 million in December 2018, ending at US$1,263 million in March 2020. This volatility may reflect varying operational and other short-term expenses.
- Current liabilities
- Current liabilities generally increased over the period, from about US$3,030 million in March 2015 to a peak of US$6,677 million in December 2019, before a slight decrease to US$6,516 million in March 2020. This reflects growing short-term debt and obligations.
- Long-term debt, excluding current portion
- Long-term debt nearly tripled from approximately US$3,703 million in March 2015 to US$10,569 million in March 2020, indicating a significant increase in long-term financing or borrowing activities.
- Deferred tax liabilities
- Deferred tax liabilities appeared starting mid-2016 and subsequently declined steadily from a high of US$1,308 million to US$212 million in March 2020, suggesting tax-related adjustments or utilization of deferred tax assets.
- Deferred revenue
- Deferred revenue was recorded from 2017 onwards, gradually increasing from US$645 million to US$862 million by March 2020, reflecting an increase in prepayments or advance payments from customers.
- Noncurrent operating lease liabilities
- Noncurrent operating lease liabilities appeared in 2018 and remained relatively stable in the range of approximately US$846 million to US$893 million through March 2020.
- Other noncurrent liabilities
- Other noncurrent liabilities rose from about US$901 million in March 2015 to a peak of US$2,887 million in December 2017, then decreased to around US$2,270 million by March 2020, indicating some long-term obligations were settled or restructured.
- Noncurrent liabilities
- Overall noncurrent liabilities saw a dramatic increase from US$6,310 million in March 2015 to US$19,053 million in March 2020, reflecting substantial long-term financial commitments, especially marked by the spike around 2016–2017.
- Total liabilities
- Total liabilities rose substantially from approximately US$9,340 million in March 2015 to US$25,569 million in March 2020, illustrating a significant increase in overall obligations.
- Class A Common Stock
- Class A Common Stock remained constant at US$5 million throughout the periods, indicating no changes in the share capital represented by this class of stock.
- Additional paid-in-capital
- Additional paid-in-capital approximately doubled from around US$2,740 million in early 2015 to just above US$5,700 million by 2016 and remained stable around US$5,700 to US$5,800 million thereafter, indicating equity financing activity and capital contributions stabilized after 2016.
- Retained earnings
- Retained earnings exhibited consistent growth from US$4,401 million in early 2015 to a peak of US$9,644 million in December 2019 before a slight decrease to US$9,504 million in March 2020, reflecting accumulated net income over time despite possible distributions or adjustments.
- Treasury stock, at cost
- Treasury stock expanded significantly in magnitude (negative values increasing) from about -US$9,593 million in March 2015 to nearly -US$14,501 million in March 2020, suggesting ongoing share repurchase programs leading to an increase in treasury shares.
- Accumulated other comprehensive income (loss)
- This fluctuated between negative and slightly positive values, with the lowest point around -US$739 million in March 2020. The swings indicate variability in unrealized gains and losses on investments, exchange rate adjustments, or pension liabilities.
- Shareholders’ equity (deficit)
- Shareholders’ equity fluctuated significantly, beginning with negative values (deficit) until early 2016, then turning positive and peaking at US$5,841 million in June 2016, and thereafter trending downwards to near breakeven (-US$20 million) by March 2020. This suggests volatility possibly due to changes in retained earnings, treasury stock purchases, and liabilities.
- Liabilities and shareholders’ equity (deficit)
- The sum of liabilities and shareholders’ equity showed an increase from approximately US$6,803 million in March 2015 to about US$25,549 million in March 2020, reflecting overall growth in the company's balance sheet size driven by liabilities.