Stock Analysis on Net

Starbucks Corp. (NASDAQ:SBUX)

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.

Starbucks Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Jan 1, 2023 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Jan 2, 2022 Oct 3, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017
Accounts payable 1,460,700 1,544,300 1,503,500 1,434,000 1,348,200 1,441,400 1,489,800 1,329,500 1,289,400 1,211,600 1,127,000 1,033,600 1,050,600 997,900 860,800 997,700 1,085,600 1,189,700 1,145,400 1,096,700 1,100,500 1,179,300 921,100 869,700 852,100
Accrued liabilities 2,326,900 2,145,100 2,060,500 1,970,000 2,089,600 2,137,100 2,068,900 2,092,400 2,444,300 2,321,200 1,996,200 1,888,600 1,766,600 1,258,900 1,602,600 1,625,700 3,051,800 3,045,400 3,450,200 2,790,300 2,772,800 2,512,100 2,536,100 2,483,600 3,971,100
Accrued payroll and benefits 648,500 828,300 755,400 710,900 664,600 761,700 706,800 665,900 664,100 772,300 741,000 646,100 685,300 696,000 652,100 596,100 578,500 664,600
Current portion of operating lease liability 1,309,400 1,275,300 1,265,200 1,269,500 1,257,500 1,245,700 1,214,800 1,236,300 1,253,300 1,251,300 1,308,400 1,296,400 1,267,600 1,248,800 1,237,100 1,253,500 1,268,900
Stored value card liability and current portion of deferred revenue 2,199,800 1,700,200 1,759,600 1,795,900 2,137,000 1,641,900 1,723,000 1,781,600 2,070,700 1,596,100 1,628,300 1,622,100 1,871,200 1,456,500 1,463,300 1,436,300 1,694,100 1,269,000 1,300,200 1,311,400 1,554,200 1,642,900 1,444,600 1,484,000 1,668,000
Short-term debt 349,500 33,500 34,500 52,800 175,000 200,000 200,000 18,300 492,600 438,800 936,500 1,107,100 497,900 75,000 300,000
Current portion of long-term debt 1,100,800 1,818,600 1,835,900 1,888,700 1,749,300 1,749,000 999,100 1,998,600 999,300 998,900 998,900 750,000 1,249,900 1,249,600 1,249,400 498,700 349,900 349,800 349,700 349,900
Current liabilities 9,395,600 9,345,300 9,214,600 9,121,800 9,246,200 9,151,800 8,402,400 9,104,300 8,921,100 8,151,400 7,799,800 6,505,100 7,883,900 7,346,800 8,002,000 8,265,800 8,675,500 6,168,700 5,895,800 5,273,400 5,427,500 5,684,200 5,551,600 5,187,000 6,841,100
Long-term debt, excluding current portion 13,564,800 13,547,600 13,544,400 13,544,800 13,176,700 13,119,900 13,930,800 14,014,400 13,586,300 13,616,900 13,619,200 14,630,300 14,673,500 14,659,600 14,645,600 11,658,700 10,653,200 11,167,000 11,159,100 9,141,500 9,130,700 9,090,200 6,149,100 6,185,100 4,566,500
Operating lease liability, excluding current portion 8,139,000 7,924,800 7,691,200 7,753,500 7,635,400 7,515,200 7,554,400 7,668,500 7,708,000 7,738,000 7,597,800 7,577,700 7,754,500 7,661,700 7,653,600 7,650,400 7,711,700
Deferred revenue 6,129,000 6,101,800 6,152,500 6,200,200 6,263,200 6,279,700 6,333,100 6,381,900 6,447,700 6,463,000 6,491,400 6,532,100 6,597,700 6,598,500 6,642,600 6,685,500 6,748,800 6,744,400 6,717,900 6,761,900 6,823,700 6,775,700
Other long-term liabilities 560,200 513,800 471,900 488,100 600,500 610,500 594,400 613,600 621,100 737,800 762,900 774,800 962,800 907,300 821,100 751,400 701,200 1,370,500 1,440,600 1,500,300 1,478,200 1,430,500 1,484,700 1,463,700 1,352,000
Long-term liabilities 28,393,000 28,088,000 27,860,000 27,986,600 27,675,800 27,525,300 28,412,700 28,678,400 28,363,100 28,555,700 28,471,300 29,514,900 29,988,500 29,827,100 29,762,900 26,746,000 25,814,900 19,281,900 19,317,600 17,403,700 17,432,600 17,296,400 7,633,800 7,648,800 5,918,500
Total liabilities 37,788,600 37,433,300 37,074,600 37,108,400 36,922,000 36,677,100 36,815,100 37,782,700 37,284,200 36,707,100 36,271,100 36,020,000 37,872,400 37,173,900 37,764,900 35,011,800 34,490,400 25,450,600 25,213,400 22,677,100 22,860,100 22,980,600 13,185,400 12,835,800 12,759,600
Common stock; $0.001 par value 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,100 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,300 1,400 1,400 1,400
Additional paid-in capital 38,200 38,100 38,300 38,200 67,200 205,300 117,100 41,100 41,100 846,100 729,300 595,400 488,600 373,900 115,400 41,100 41,100 41,100 41,100 41,100 41,100 41,100 41,100 41,100 41,100
Retained earnings (deficit) (8,097,500) (7,255,800) (7,610,500) (8,024,600) (8,203,200) (8,449,800) (8,719,700) (9,070,500) (8,753,000) (6,315,700) (7,501,600) (8,124,300) (8,253,600) (7,815,600) (8,208,300) (7,050,600) (6,414,800) (5,771,200) (4,013,900) (4,807,700) (2,584,000) 1,457,400 4,150,900 4,635,800 5,834,900
Accumulated other comprehensive income (loss) (557,800) (778,200) (777,500) (521,600) (538,900) (463,200) (65,000) 260,300 253,500 147,200 (29,700) (126,300) (145,900) (364,600) (529,900) (521,800) (387,400) (503,300) (349,000) (271,500) (343,200) (330,300) (202,700) 32,900 (125,300)
Shareholders’ equity (deficit) (8,616,000) (7,994,800) (8,348,600) (8,506,900) (8,673,800) (8,706,600) (8,666,500) (8,768,000) (8,457,200) (5,321,200) (6,800,800) (7,654,000) (7,909,700) (7,805,100) (8,621,600) (7,530,100) (6,759,900) (6,232,200) (4,320,600) (5,036,900) (2,884,900) 1,169,500 3,990,700 4,711,200 5,752,100
Noncontrolling interests 7,100 7,000 7,000 7,500 7,900 7,900 7,600 6,800 6,900 6,700 6,500 5,700 5,700 5,700 (2,700) (2,800) 800 1,200 1,600 1,700 6,100 6,300 6,000 6,500 6,800
Total equity (deficit) (8,608,900) (7,987,800) (8,341,600) (8,499,400) (8,665,900) (8,698,700) (8,658,900) (8,761,200) (8,450,300) (5,314,500) (6,794,300) (7,648,300) (7,904,000) (7,799,400) (8,624,300) (7,532,900) (6,759,100) (6,231,000) (4,319,000) (5,035,200) (2,878,800) 1,175,800 3,996,700 4,717,700 5,758,900
Total liabilities and equity (deficit) 29,179,700 29,445,500 28,733,000 28,609,000 28,256,100 27,978,400 28,156,200 29,021,500 28,833,900 31,392,600 29,476,800 28,371,700 29,968,400 29,374,500 29,140,600 27,478,900 27,731,300 19,219,600 20,894,400 17,641,900 19,981,300 24,156,400 17,182,100 17,553,500 18,518,500

Based on: 10-Q (reporting date: 2023-12-31), 10-K (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-Q (reporting date: 2023-01-01), 10-K (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-Q (reporting date: 2022-01-02), 10-K (reporting date: 2021-10-03), 10-Q (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-K (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-K (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-30), 10-K (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-Q (reporting date: 2017-12-31).

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. Starbucks Corp. current liabilities increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Starbucks Corp. long-term liabilities increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 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. Starbucks Corp. total liabilities increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Shareholders’ equity (deficit) 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. Starbucks Corp. shareholders’ equity (deficit) increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.