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.

Ecolab Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	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
Short-term debt	411,000)	18,700)	17,300)	24,300)	17,300)	247,300)	534,900)	1,038,300)	380,600)	779,100)	1,069,400)	1,132,300)	743,600)	769,400)	874,500)	1,017,800)	564,400)	1,073,000)	1,770,600)	1,699,400)
Accounts payable	1,384,200)	1,237,100)	1,213,300)	1,128,200)	1,160,600)	1,108,400)	1,087,700)	1,279,500)	1,284,300)	1,269,400)	1,297,900)	1,237,700)	1,255,600)	1,195,300)	1,242,100)	1,229,100)	1,177,100)	1,115,900)	1,123,600)	1,039,300)
Compensation and benefits	509,500)	452,900)	430,300)	457,600)	469,300)	456,000)	408,000)	513,500)	599,500)	536,200)	460,500)	478,200)	579,700)	528,200)	477,700)	497,000)	549,400)	509,800)	445,400)	463,400)
Income taxes	104,300)	68,000)	48,900)	52,400)	96,100)	53,300)	109,900)	140,800)	142,800)	75,000)	81,500)	89,600)	100,600)	50,300)	44,600)	170,000)	183,600)	51,700)	53,000)	95,200)
Other current liabilities	1,144,200)	1,117,800)	1,170,500)	1,189,700)	1,188,900)	1,241,400)	1,087,200)	1,285,300)	1,223,400)	1,259,800)	1,218,400)	1,218,200)	1,006,100)	1,046,600)	984,900)	1,068,900)	957,300)	1,006,200)	925,800)	908,000)
Current liabilities	3,553,200)	2,894,500)	2,880,300)	2,852,200)	2,932,200)	3,106,400)	3,227,700)	4,257,400)	3,630,600)	3,919,500)	4,127,700)	4,156,000)	3,685,600)	3,589,800)	3,623,800)	3,982,800)	3,431,800)	3,756,600)	4,318,400)	4,205,300)
Long-term debt, excluding current maturities	8,347,200)	5,931,800)	6,708,900)	6,685,800)	6,669,300)	6,667,700)	6,752,000)	6,744,000)	5,973,500)	5,966,900)	5,987,100)	6,008,200)	6,301,600)	6,334,800)	6,343,100)	6,397,700)	6,758,300)	6,484,500)	5,909,300)	5,841,600)
Postretirement health care and pension benefits	894,200)	996,600)	1,046,600)	1,207,800)	1,226,200)	1,081,200)	1,055,600)	1,072,000)	1,088,000)	793,600)	928,200)	942,300)	944,300)	966,900)	981,000)	1,027,700)	1,025,500)	983,700)	1,040,100)	1,014,400)
Deferred income taxes	622,000)	589,400)	567,300)	526,800)	483,900)	580,600)	577,200)	737,400)	740,400)	821,600)	791,200)	792,300)	764,600)	711,800)	688,300)	652,800)	642,800)	1,030,200)	1,028,700)	1,076,200)
Noncurrent operating lease liabilities	282,600)	263,000)	273,800)	291,200)	300,500)	310,700)	319,400)	406,900)	425,200)	418,900)	398,600)	412,200)	—)	—)	—)	—)	—)	—)	—)	—)
Other liabilities	254,100)	289,100)	320,500)	324,200)	312,400)	301,100)	260,300)	261,300)	285,600)	302,700)	325,400)	349,700)	324,800)	376,300)	406,900)	453,400)	415,300)	302,500)	238,200)	207,000)
Noncurrent liabilities	10,400,100)	8,069,900)	8,917,100)	9,035,800)	8,992,300)	8,941,300)	8,964,500)	9,221,600)	8,512,700)	8,303,700)	8,430,500)	8,504,700)	8,335,300)	8,389,800)	8,419,300)	8,531,600)	8,841,900)	8,800,900)	8,216,300)	8,139,200)
Total liabilities	13,953,300)	10,964,400)	11,797,400)	11,888,000)	11,924,500)	12,047,700)	12,192,200)	13,479,000)	12,143,300)	12,223,200)	12,558,200)	12,660,700)	12,020,900)	11,979,600)	12,043,100)	12,514,400)	12,273,700)	12,557,500)	12,534,700)	12,344,500)
Common stock	364,100)	363,700)	363,200)	363,000)	362,600)	362,100)	362,000)	360,800)	359,600)	359,400)	358,900)	358,200)	357,000)	356,500)	355,900)	355,500)	354,700)	354,200)	354,100)	353,500)
Additional paid-in capital	6,464,600)	6,399,800)	6,333,300)	6,285,700)	6,235,000)	6,177,300)	6,155,000)	6,018,100)	5,907,100)	5,874,100)	5,815,700)	5,731,000)	5,633,200)	5,586,000)	5,545,600)	5,496,500)	5,435,700)	5,397,500)	5,375,500)	5,284,300)
Retained earnings	8,814,500)	8,659,800)	8,472,800)	8,299,300)	8,243,000)	8,079,900)	7,967,800)	10,136,900)	9,993,700)	9,699,700)	9,368,000)	9,131,800)	8,909,500)	8,646,900)	8,329,900)	8,097,000)	8,045,400)	7,598,000)	7,312,600)	7,123,100)
Accumulated other comprehensive loss	(1,634,800)	(1,733,500)	(1,710,600)	(1,914,500)	(1,994,400)	(1,945,900)	(1,989,700)	(2,113,700)	(2,089,700)	(1,884,700)	(1,836,400)	(1,734,900)	(1,761,700)	(1,765,400)	(1,592,700)	(1,558,300)	(1,642,300)	(1,564,300)	(1,643,900)	(1,636,100)
Treasury stock	(6,784,200)	(6,756,300)	(6,749,600)	(6,741,200)	(6,679,700)	(6,658,700)	(6,639,900)	(5,580,000)	(5,485,400)	(5,480,800)	(5,480,800)	(5,265,400)	(5,134,800)	(4,894,600)	(4,789,200)	(4,789,700)	(4,575,000)	(4,563,100)	(4,478,600)	(4,315,400)
Total Ecolab shareholders’ equity	7,224,200)	6,933,500)	6,709,100)	6,292,300)	6,166,500)	6,014,700)	5,855,200)	8,822,100)	8,685,300)	8,567,700)	8,225,400)	8,220,700)	8,003,200)	7,929,400)	7,849,500)	7,601,000)	7,618,500)	7,222,300)	6,919,700)	6,809,400)
Noncontrolling interest	28,900)	28,300)	27,200)	27,800)	35,000)	34,700)	35,000)	38,500)	40,500)	44,700)	44,000)	46,200)	50,400)	53,600)	59,000)	68,900)	70,200)	76,900)	69,000)	69,100)
Total equity	7,253,100)	6,961,800)	6,736,300)	6,320,100)	6,201,500)	6,049,400)	5,890,200)	8,860,600)	8,725,800)	8,612,400)	8,269,400)	8,266,900)	8,053,600)	7,983,000)	7,908,500)	7,669,900)	7,688,700)	7,299,200)	6,988,700)	6,878,500)
Total liabilities and equity	21,206,400)	17,926,200)	18,533,700)	18,208,100)	18,126,000)	18,097,100)	18,082,400)	22,339,600)	20,869,100)	20,835,600)	20,827,600)	20,927,600)	20,074,500)	19,962,600)	19,951,600)	20,184,300)	19,962,400)	19,856,700)	19,523,400)	19,223,000)

Short-term debt: Short-term debt exhibited significant fluctuations over the periods. It decreased sharply from $1,690,400 thousand in March 2017 to $564,400 thousand in December 2017, then showed variability, with lows around $17,300 thousand in late 2020 and early 2021, followed by a sharp increase to $411,000 thousand in December 2021.
Accounts payable: Accounts payable showed a generally increasing trend, rising from $1,039,300 thousand in March 2017 to a peak of $1,384,200 thousand in December 2021, with some minor fluctuations.
Compensation and benefits: Compensation and benefits costs demonstrated a seasonal pattern with increases towards year-end quarters. After peaking in December 2017 at $549,400 thousand, the values dropped substantially in 2020, likely reflecting cost adjustments, before rebounding in late 2021 to $509,500 thousand.
Income taxes: Income tax expenses showed significant volatility. They peaked at $183,600 thousand in December 2017 and again at $142,800 thousand in December 2019, with notable decreases in mid-2020 followed by an increase to $104,300 thousand by December 2021.
Other current liabilities: Other current liabilities generally trended upward from $908,000 thousand in March 2017, peaking at $1,285,300 thousand in March 2020, before declining somewhat and then stabilizing around $1,144,200 thousand in December 2021.
Current liabilities: Current liabilities showed a general decrease from a high of $4,318,400 thousand in June 2017 to a low of $2,932,200 thousand in December 2020, followed by a substantial increase to $3,553,200 thousand at the end of 2021.
Long-term debt, excluding current maturities: Long-term debt remained relatively stable around $6 billion through 2017-2019, then increased sharply to $8,347,200 thousand by December 2021, suggesting significant borrowing or bond issuances in the later periods.
Postretirement health care and pension benefits: This liability fluctuated moderately, remaining near $1 billion throughout most periods, with a notable dip to $793,600 thousand in September 2019, then increasing sharply to over $1.22 billion in December 2020, before decreasing again.
Deferred income taxes: Deferred income taxes remained fairly consistent between $600,000 thousand and $800,000 thousand until mid-2019, then dropped to a low near $483,900 thousand in December 2020, recovering modestly to $622,000 thousand by the end of 2021.
Noncurrent operating lease liabilities: Noncurrent operating lease liabilities appeared starting in 2019, remaining in the $260,000 to $420,000 thousand range, showing a slow downward trend towards the end of 2021, possibly reflecting lease terminations or adjustments.
Other liabilities: Other liabilities rose from $207,000 thousand in March 2017 to $415,300 thousand in December 2017, then generally declined to $254,100 thousand by December 2021, indicating a reduction in miscellaneous obligations.
Noncurrent liabilities: Noncurrent liabilities fluctuated around $8.3 billion, with a peak of $10.4 billion in December 2021, which tracks with increases in long-term debt and other obligations during that period.
Total liabilities: Total liabilities were fairly stable around $12.3 billion through 2017-2019, dipped to $11.8 billion in 2021, then surged to $13.95 billion in December 2021, corresponding with increases in long-term debt and noncurrent liabilities.
Common stock: Common stock value increased steadily but minimally from $353,500 thousand in March 2017 to $364,100 thousand in December 2021, reflecting incremental issuances or adjustments.
Additional paid-in capital: Additional paid-in capital increased consistently from $5.28 billion in March 2017 to $6.46 billion in December 2021, indicating ongoing equity contributions or retained earnings retained within this account.
Retained earnings: Retained earnings showed strong growth from $7.12 billion in March 2017 up to $10.14 billion in March 2020, followed by a sharp decline to $7.96 billion in June 2020, with gradual recovery to $8.81 billion by December 2021, suggesting impact from dividends, losses, or adjustments during 2020.
Accumulated other comprehensive loss: This item consistently represented a loss, fluctuating between -$1.63 billion and -$2.11 billion over the periods, with some reduction in magnitude towards the end of 2021.
Treasury stock: Treasury stock steadily increased in negative value from -$4.32 billion in March 2017 to nearly -$6.78 billion by December 2021, indicating ongoing stock repurchases or buybacks.
Total Ecolab shareholders’ equity: Shareholders’ equity rose from $6.81 billion in March 2017 to a high of $8.82 billion in March 2020, dropped significantly to $5.86 billion in June 2020, then rebounded gradually to $7.22 billion by December 2021, reflecting the retention of earnings, stock repurchases, and market conditions.
Noncontrolling interest: Noncontrolling interest decreased gently from $69,100 thousand in March 2017 to $28,900 thousand in December 2021, indicating a reduction in ownership stakes attributable to minority interests.
Total equity: Total equity mirrored the trend in shareholders’ equity, rising until early 2020, declining sharply mid-2020, and recovering by the end of 2021 to $7.25 billion.
Total liabilities and equity: This aggregate figure increased from $19.22 billion in March 2017 to $20.17 billion in December 2018, showed a dip in 2020 likely related to the impacts observed in equity and liabilities, then reached a peak of $21.21 billion in December 2021, indicating overall balance sheet growth.

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Ecolab Inc. (NYSE:ECL)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data