Microsoft Excel LibreOffice Calc

EOG Resources Inc. (EOG)


Balance Sheet: Liabilities and Stockholders’ Equity

Low level of difficulty

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.

EOG Resources Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Accounts payable 2,239,850  1,847,131  1,511,826  1,471,953  2,860,548 
Accrued taxes payable 214,726  148,874  118,411  93,618  140,098 
Dividends payable 126,971  96,410  96,120  91,546  91,594 
Liabilities from price risk management activities —  50,429  61,817  —  — 
Deferred income taxes —  —  —  —  110,743 
Current portion of long-term debt 913,093  356,235  6,579  6,579  6,579 
Other 233,724  226,463  232,538  155,591  174,746 
Current liabilities 3,728,364  2,725,542  2,027,291  1,819,287  3,384,308 
Long-term debt, excluding current portion 5,170,169  6,030,836  6,979,779  6,653,685  5,903,354 
Other liabilities 1,258,355  1,275,213  1,282,142  971,335  939,497 
Deferred income taxes 4,413,398  3,518,214  5,188,640  4,587,902  6,822,946 
Noncurrent liabilities 10,841,922  10,824,263  13,450,561  12,212,922  13,665,797 
Total liabilities 14,570,286  13,549,805  15,477,852  14,032,209  17,050,105 
Common stock, $0.01 par 205,804  205,788  205,770  205,502  205,492 
Additional paid in capital 5,658,794  5,536,547  5,420,385  2,923,461  2,837,150 
Accumulated other comprehensive loss (1,358) (19,297) (19,010) (33,338) (23,056)
Retained earnings 13,543,130  10,593,533  8,398,118  9,870,816  14,763,098 
Common stock held in treasury (42,182) (33,298) (23,682) (23,406) (70,102)
Stockholders’ equity 19,364,188  16,283,273  13,981,581  12,943,035  17,712,582 
Total liabilities and stockholders’ equity 33,934,474  29,833,078  29,459,433  26,975,244  34,762,687 

Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-27), 10-K (filing date: 2016-02-25), 10-K (filing date: 2015-02-18).

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. EOG Resources Inc.’s current liabilities increased from 2016 to 2017 and from 2017 to 2018.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. EOG Resources Inc.’s noncurrent liabilities declined from 2016 to 2017 but then slightly increased from 2017 to 2018.
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. EOG Resources Inc.’s total liabilities declined from 2016 to 2017 but then increased from 2017 to 2018 not reaching 2016 level.
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’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. EOG Resources Inc.’s stockholders’ equity increased from 2016 to 2017 and from 2017 to 2018.