Stock Analysis on Net
Stock Analysis on Net

Becton, Dickinson & Co. (NYSE:BDX)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Beginner level

The balance sheet 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.

Becton, Dickinson & Co., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

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Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013
Short-term debt 1,630  4,357  2,456  1,309  2,168  3,057  3,254  2,601  1,900  202  703  203  453  1,224  1,974  1,001  1,351  1,651  1,951  1,452  1,804  1,710  202  203  205  202  205 
Payables, accrued expenses and other current liabilities 4,437  4,398  4,270  4,346  4,069  4,051  3,891  4,615  4,206  4,224  4,192  3,139  2,820  2,794  2,596  3,210  2,673  2,527  2,578  2,934  2,713  2,787  1,879  2,032  1,888  1,814  1,792 
Liabilities held for sale —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  189  195  202  —  —  —  —  —  —  —  —  — 
Current liabilities 6,067  8,755  6,726  5,655  6,237  7,108  7,145  7,216  6,106  4,426  4,895  3,342  3,273  4,018  4,570  4,400  4,219  4,380  4,529  4,386  4,517  4,497  2,081  2,235  2,093  2,016  1,997 
Long-term debt, excluding current portion 17,090  16,809  16,949  18,081  18,016  17,556  17,817  18,894  20,350  22,589  22,095  18,667  18,563  9,082  9,043  10,550  10,561  10,864  10,858  11,370  11,367  12,128  9,940  3,768  3,768  3,764  3,764 
Long-term employee benefit obligations 1,297  1,253  1,290  1,272  862  815  805  1,056  1,075  1,172  1,164  1,168  1,337  1,356  1,323  1,319  1,159  1,146  1,150  1,133  1,007  996  983  1,009  703  728  780 
Deferred income taxes and other liabilities 5,483  5,747  5,785  5,676  5,621  5,809  5,762  5,744  5,088  5,234  5,962  1,609  1,406  1,702  1,799  1,684  2,044  2,180  2,286  2,767  2,935  3,513  431  382  432  427  416 
Noncurrent liabilities 23,870  23,809  24,024  25,029  24,499  24,180  24,384  25,694  26,513  28,995  29,221  21,444  21,306  12,140  12,165  13,553  13,764  14,190  14,294  15,270  15,309  16,637  11,354  5,159  4,903  4,919  4,960 
Total liabilities 29,937  32,564  30,750  30,684  30,736  31,288  31,529  32,910  32,619  33,421  34,116  24,786  24,579  16,158  16,735  17,953  17,983  18,570  18,823  19,656  19,826  21,134  13,435  7,394  6,996  6,935  6,957 
Preferred stock —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Common stock 365  347  347  347  347  347  347  347  347  347  347  347  347  333  333  333  333  333  333  333  333  333  333  333  333  333  333 
Capital in excess of par value 19,228  16,288  16,321  16,270  16,227  16,177  16,174  16,179  16,193  16,170  16,197  9,619  9,586  4,742  4,713  4,693  4,650  4,600  4,557  4,475  4,418  4,388  2,254  2,198  2,176  2,147  2,116 
Retained earnings 12,916  12,868  12,938  12,913  12,997  12,792  13,018  12,596  12,971  12,616  12,765  13,111  12,989  13,321  13,133  12,727  12,850  12,600  12,402  12,314  12,260  12,324  12,224  12,105  11,909  11,689  11,507 
Deferred compensation 23  23  24  23  22  23  24  22  22  21  19  19  23  21  23  21  20  20  22  19  19  18  19  19  17  17  18 
Common stock in treasury, at cost (6,145) (6,158) (6,228) (6,190) (6,201) (6,192) (6,235) (6,243) (6,275) (6,300) (6,343) (8,427) (8,437) (8,445) (8,457) (8,212) (8,215) (8,240) (8,251) (8,239) (8,242) (8,281) (8,623) (8,601) (8,600) (8,416) (8,396)
Accumulated other comprehensive loss (2,367) (2,419) (2,202) (2,284) (1,897) (1,839) (1,927) (1,909) (1,902) (1,704) (1,740) (1,723) (1,923) (2,009) (2,162) (1,929) (1,605) (1,647) (1,840) (1,738) (1,535) (1,623) (1,139) (1,001) (457) (455) (500)
Shareholders’ equity 24,022  20,951  21,202  21,081  21,497  21,310  21,403  20,994  21,358  21,152  21,247  12,948  12,587  7,963  7,583  7,633  8,033  7,666  7,223  7,164  7,253  7,159  5,068  5,053  5,378  5,315  5,078 
Total liabilities and shareholders’ equity 53,959  53,515  51,952  51,765  52,233  52,598  52,932  53,904  53,977  54,573  55,363  37,734  37,166  24,121  24,318  25,586  26,016  26,236  26,046  26,820  27,079  28,293  18,503  12,447  12,374  12,250  12,035 

Based on: 10-Q (filing date: 2020-08-06), 10-Q (filing date: 2020-05-07), 10-Q (filing date: 2020-02-06), 10-K (filing date: 2019-11-27), 10-Q (filing date: 2019-08-06), 10-Q (filing date: 2019-05-09), 10-Q (filing date: 2019-02-05), 10-K (filing date: 2018-11-21), 10-Q (filing date: 2018-08-02), 10-Q (filing date: 2018-05-03), 10-Q (filing date: 2018-02-06), 10-K (filing date: 2017-11-22), 10-Q (filing date: 2017-08-03), 10-Q (filing date: 2017-05-02), 10-Q (filing date: 2017-02-02), 10-K (filing date: 2016-11-23), 10-Q (filing date: 2016-08-04), 10-Q (filing date: 2016-05-06), 10-Q (filing date: 2016-02-05), 10-K (filing date: 2015-11-25), 10-Q (filing date: 2015-08-06), 10-Q (filing date: 2015-05-08), 10-Q (filing date: 2015-02-06), 10-K (filing date: 2014-11-26), 10-Q (filing date: 2014-08-04), 10-Q (filing date: 2014-05-05), 10-Q (filing date: 2014-02-10).

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. Becton, Dickinson & Co.’s current liabilities increased from Q1 2020 to Q2 2020 but then decreased significantly from Q2 2020 to Q3 2020.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Becton, Dickinson & Co.’s noncurrent liabilities decreased from Q1 2020 to Q2 2020 but then slightly increased from Q2 2020 to Q3 2020.
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. Becton, Dickinson & Co.’s total liabilities increased from Q1 2020 to Q2 2020 but then decreased significantly from Q2 2020 to Q3 2020.
Shareholders’ 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). This excludes temporary equity and is sometimes called permanent equity. Becton, Dickinson & Co.’s shareholders’ equity decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.