Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Anadarko Petroleum Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 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), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31).
- Accounts Payable
- The share of trade accounts payable relative to total liabilities and equity showed a general decline from 6.52% in March 2012 to approximately 4.10% by September 2017. Other accounts payable, reported only in later periods, contributed an additional 0.52% to 0.77%. Overall, total accounts payable decreased from 6.52% in early 2012 to around 4.63% in late 2017, indicating a reduction in short-term trade and other payables over time.
- Short-term Debt
- Short-term debt as a percentage of total liabilities and equity was generally low and volatile, fluctuating between 0.06% and 6.31% across the periods. There was a significant spike to 6.31% in March 2016, but most other periods showed minimal short-term debt presence, indicating reliance on long-term financing rather than short-term borrowing.
- Current Asset Retirement Obligations
- This item appeared from September 2012 onward, displaying relative stability with values ranging from about 0.28% to 0.89%. The obligations fluctuated moderately but did not present a clear increasing or decreasing trend.
- Other Current Liabilities
- Other current liabilities fluctuated moderately within a band of roughly 1.34% to 3.32%. There was no consistent trend, although notable spikes occurred intermittently, such as 3.32% in March 2017, reflecting variability in miscellaneous current obligations.
- Tronox-Related Contingent Liabilities
- Two separate phases of this liability are visible: an initial substantial increase reported between March and December 2014 ranging from 8.45% to 8.86%, and a smaller related amount of around 1.52% reported earlier. These contingent liabilities appeared significant during 2014, then ceased to be reported in later periods.
- Current Liabilities
- The proportion of current liabilities to total liabilities and equity showed notable fluctuation. It ranged from a low of about 7.3% in December 2016 to a high of 18.81% in March 2014, with sharp increases during 2014 followed by a decline. This indicates variability in short-term obligations across the periods.
- Long-term Debt (Excluding Current Portion)
- This category remained one of the largest components of total liabilities and equity, showing a gradual increase over time from 28.15% in March 2012 to approximately 35.76% in September 2017. Notable growth occurred after 2014, suggesting increased long-term borrowing or delayed repayments.
- Deferred Income Taxes
- Deferred income taxes steadily decreased from 16.26% in March 2012 to 7.83% by September 2017, reflecting changes in tax obligations or deferred tax assets/liabilities management over time.
- Asset Retirement Obligations
- These obligations remained relatively stable, fluctuating modestly from 2.71% to 6.37%, with a peak occurring in December 2016 at 6.15%, indicating consistent recognition of future asset retirement costs.
- Other Long-Term Liabilities and Miscellaneous
- Other long-term liabilities held a steady share between 20.43% and 25.56%, showing no major trend. The 'Other' category increased notably after 2014, rising from approximately 3% to over 9% by the later periods, suggesting growth in other unspecified liabilities.
- Noncurrent Liabilities
- Total noncurrent liabilities as a percentage of total liabilities and equity ranged between roughly 45.19% and 59.84%. The figure increased moderately after 2014, reflecting a shift toward more long-term obligations.
- Total Liabilities
- Total liabilities relative to total liabilities and equity fluctuated between 56.77% and 69.32%. There was an upward trend post-2014 through 2016, indicating an overall increase in total liabilities within the capital structure.
- Stockholders’ Equity Components
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Common stock as a percentage remained stable and minor, approximately 0.09% to 0.13% throughout the periods.
Paid-in capital increased progressively from 14.52% to 27.76%, indicating new equity contributions or retained equity build-up.
Retained earnings declined markedly from 25.18% in March 2012 to 0.37% by September 2017, suggesting either consistent distribution of earnings or losses impacting accumulated profits.
Treasury stock showed a gradual increase in negative balance, moving from -1.52% to approximately -2.48%, implying increased repurchases or holdings of own stock.
Accumulated other comprehensive loss remained negative but relatively stable, mostly between -1.22% and -0.44%, with no significant directional trend.
- Total Equity
- Total equity declined from 38.82% in March 2012 to around 32.28% by September 2017, after peaking near 43.23% in 2013. Equity composition shifted with growing paid-in capital but substantially decreased retained earnings, reflecting changing profitability and capital management.
- Noncontrolling Interests
- The share attributable to noncontrolling interests increased notably from 1.62% to approximately 7.28% over the observed periods, suggesting expanded minority ownership stakes or acquisitions involving noncontrolling interests.