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.

Yahoo! Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Accounts payable	171,520)	208,691)	238,018)	138,031)	184,831)
Income taxes payable related to sale of Alibaba Group ADSs	—)	—)	3,282,293)	—)	—)
Accrued content, connection, traffic acquisition, and other costs	400,172)	252,612)	172,913)	119,431)	116,951)
Deferred income taxes	—)	—)	8,119)	(10)	200)
Accrued compensation and related expenses	342,354)	310,111)	373,749)	343,392)	337,727)
Income taxes payable	6,039)	4,181)	(264,993)	107,033)	10,619)
Accrued professional service expenses	30,827)	40,914)	49,651)	69,869)	67,736)
Accrued sales and marketing related expenses	13,936)	40,876)	16,424)	17,744)	11,988)
Accrued restructuring costs	27,041)	40,283)	47,356)	21,764)	58,718)
Current liability for uncertain tax contingencies	2,409)	12,586)	2,179)	—)	30,484)
Other	183,898)	233,095)	265,909)	228,559)	174,052)
Other accrued expenses and current liabilities	1,006,676)	934,658)	671,307)	907,782)	808,475)
Deferred revenue	109,228)	134,031)	336,963)	294,499)	296,926)
Current liabilities	1,287,424)	1,277,380)	4,528,581)	1,340,312)	1,290,232)
Convertible notes	1,299,945)	1,233,485)	1,170,423)	1,110,585)	—)
Long-term deferred revenue	39,583)	27,801)	20,774)	258,904)	407,560)
Net lease obligations	23,000)	33,000)	47,000)	44,000)	37,000)
Other long-term liabilities	72,597)	85,689)	96,095)	72,605)	87,587)
Capital lease and other long-term liabilities	95,597)	118,689)	143,095)	116,605)	124,587)
Deferred tax liabilities related to investment in Alibaba Group	13,633,988)	12,611,867)	16,154,906)	—)	—)
Deferred and other long-term tax liabilities	642,466)	855,324)	1,156,973)	847,956)	675,271)
Noncurrent liabilities	15,711,579)	14,847,166)	18,646,171)	2,334,050)	1,207,418)
Total liabilities	16,999,003)	16,124,546)	23,174,752)	3,674,362)	2,497,650)
Preferred stock, $0.001 par value; none issued or outstanding	—)	—)	—)	—)	—)
Common stock, $0.001 par value	969)	959)	945)	1,015)	1,187)
Additional paid-in capital	9,125,459)	8,807,273)	8,496,683)	8,688,304)	9,563,348)
Treasury stock at cost	(908,996)	(911,533)	(712,455)	(200,228)	(1,368,043)
Retained earnings	4,353,958)	4,570,807)	8,937,036)	4,267,429)	5,792,459)
Accumulated other comprehensive income	18,477,893)	16,576,031)	22,019,628)	318,389)	571,249)
Total Yahoo! Inc. stockholders’ equity	31,049,283)	29,043,537)	38,741,837)	13,074,909)	14,560,200)
Noncontrolling interests	34,793)	35,883)	43,755)	55,688)	45,403)
Total equity	31,084,076)	29,079,420)	38,785,592)	13,130,597)	14,605,603)
Total liabilities and equity	48,083,079)	45,203,966)	61,960,344)	16,804,959)	17,103,253)

Based on: 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31).

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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.	Yahoo! Inc. current liabilities decreased from 2014 to 2015 but then slightly increased from 2015 to 2016.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Yahoo! Inc. noncurrent liabilities decreased from 2014 to 2015 but then slightly increased from 2015 to 2016.
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.	Yahoo! Inc. total liabilities decreased from 2014 to 2015 but then slightly increased from 2015 to 2016.
Total Yahoo! Inc. 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.	Yahoo! Inc. total Yahoo! Inc. stockholders’ equity decreased from 2014 to 2015 but then slightly increased from 2015 to 2016.

Yahoo! Inc. (NASDAQ:YHOO)

Balance Sheet: Liabilities and Stockholders’ Equity