General Dynamics Corp. (GD)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Low level of difficulty

General Dynamics Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

	Sep 29, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jul 1, 2018	Apr 1, 2018	Dec 31, 2017	Oct 1, 2017	Jul 2, 2017	Apr 2, 2017	Dec 31, 2016	Oct 2, 2016	Jul 3, 2016	Apr 3, 2016	Dec 31, 2015	Oct 4, 2015	Jul 5, 2015	Apr 5, 2015	Dec 31, 2014	Sep 28, 2014	Jun 29, 2014	Mar 30, 2014
Short-term debt and current portion of long-term debt	9.55%	10.32%	4.42%	2.14%	3.57%	6.11%	6.71%	0.01%	2.59%	2.93%	2.71%	2.74%	0.00%	1.69%	1.58%	1.57%	1.52%	0.01%	0.00%	1.42%	1.42%	1.46%	1.46%
Accounts payable	6.15%	5.95%	6.34%	7.00%	6.46%	6.43%	7.66%	9.15%	7.78%	7.75%	7.43%	7.72%	6.97%	6.70%	6.78%	6.14%	7.24%	6.76%	6.59%	5.82%	6.77%	7.24%	6.44%
Customer advances and deposits	14.05%	13.97%	14.10%	16.01%	15.60%	15.31%	19.06%	19.95%	18.93%	20.19%	20.13%	15.02%	16.07%	16.89%	17.54%	17.73%	17.80%	18.14%	18.87%	20.75%	22.63%	19.50%	18.91%
Other current liabilities	7.61%	7.24%	7.55%	7.30%	7.77%	7.30%	7.52%	8.27%	8.53%	9.09%	9.37%	13.60%	13.37%	12.92%	13.29%	13.46%	13.40%	12.86%	12.67%	10.91%	10.73%	10.31%	9.90%
Current liabilities	37.36%	37.47%	32.41%	32.46%	33.41%	35.15%	40.95%	37.38%	37.83%	39.96%	39.64%	39.08%	36.41%	38.20%	39.19%	38.89%	39.96%	37.76%	38.13%	38.89%	41.55%	38.51%	36.71%
Long-term debt, excluding current portion	18.42%	18.67%	24.12%	25.20%	24.28%	24.17%	10.70%	11.36%	11.40%	8.85%	9.00%	9.09%	11.89%	9.13%	9.14%	9.06%	8.83%	10.14%	9.92%	9.65%	9.66%	9.93%	9.92%
Other liabilities	16.52%	17.07%	17.69%	16.50%	15.15%	15.24%	16.72%	18.64%	17.65%	18.79%	19.50%	18.44%	17.06%	18.07%	18.29%	18.49%	18.67%	18.60%	18.45%	18.00%	11.95%	13.35%	13.55%
Noncurrent liabilities	34.94%	35.74%	41.82%	41.70%	39.43%	39.42%	27.41%	29.99%	29.05%	27.63%	28.49%	27.53%	28.95%	27.19%	27.43%	27.55%	27.50%	28.73%	28.36%	27.65%	21.61%	23.28%	23.47%
Total liabilities	72.30%	73.21%	74.23%	74.16%	72.84%	74.56%	68.37%	67.37%	66.88%	67.59%	68.13%	66.61%	65.36%	65.39%	66.62%	66.44%	67.45%	66.49%	66.50%	66.54%	63.16%	61.79%	60.18%
Common stock	0.99%	1.00%	1.02%	1.06%	1.03%	1.02%	1.30%	1.38%	1.38%	1.43%	1.45%	1.47%	1.48%	1.52%	1.52%	1.51%	1.46%	1.43%	1.40%	1.36%	1.37%	1.40%	1.40%
Surplus	6.15%	6.16%	6.19%	6.49%	6.20%	6.08%	7.58%	8.19%	8.14%	8.27%	8.32%	8.58%	8.54%	8.68%	8.64%	8.53%	8.18%	7.90%	7.53%	7.21%	6.99%	7.03%	6.76%
Retained earnings	63.35%	63.01%	62.74%	64.58%	61.09%	59.63%	74.17%	75.46%	74.63%	75.60%	75.42%	76.74%	75.49%	76.22%	74.72%	72.52%	68.69%	65.80%	62.86%	59.76%	58.43%	58.67%	57.61%
Treasury stock	-35.55%	-36.15%	-36.41%	-37.98%	-34.01%	-33.74%	-42.30%	-44.35%	-43.44%	-44.24%	-43.50%	-43.06%	-42.01%	-42.47%	-42.22%	-38.73%	-36.13%	-32.43%	-28.93%	-26.58%	-26.15%	-25.68%	-22.46%
Accumulated other comprehensive loss	-7.24%	-7.23%	-7.76%	-8.32%	-7.16%	-7.55%	-9.11%	-8.05%	-7.59%	-8.65%	-9.82%	-10.33%	-8.85%	-9.33%	-9.28%	-10.27%	-9.66%	-9.19%	-9.35%	-8.29%	-3.79%	-3.22%	-3.50%
Shareholders’ equity	27.70%	26.79%	25.77%	25.84%	27.16%	25.44%	31.63%	32.63%	33.12%	32.41%	31.87%	33.39%	34.64%	34.61%	33.38%	33.56%	32.55%	33.51%	33.50%	33.46%	36.84%	38.21%	39.82%
Total liabilities and shareholders’ equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

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.	General Dynamics Corp.’s current liabilities as a percentage of total liabilities and shareholders’ equity increased from Q1 2019 to Q2 2019 but then slightly declined from Q2 2019 to Q3 2019.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	General Dynamics Corp.’s noncurrent liabilities as a percentage of total liabilities and shareholders’ equity declined from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.
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.	General Dynamics Corp.’s total liabilities as a percentage of total liabilities and shareholders’ equity declined from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.
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.	General Dynamics Corp.’s shareholders’ equity as a percentage of total liabilities and shareholders’ equity increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.

General Dynamics Corp. (GD)

Common-Size Balance Sheet: Liabilities and Stockholders’ EquityQuarterly Data

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data