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.

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

US$ in millions

	Aug 1, 2025	May 2, 2025	Jan 31, 2025	Nov 1, 2024	Aug 2, 2024	May 3, 2024	Feb 2, 2024	Nov 3, 2023	Aug 4, 2023	May 5, 2023	Feb 3, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019	Aug 2, 2019	May 3, 2019
Short-term borrowings	—)	—)	—)	—)	—)	—)	—)	—)	—)	72)	499)	—)	—)	—)	—)	1,000)	1,000)	—)	—)	—)	1,000)	1,000)	1,941)	637)	—)	—)
Current maturities of long-term debt	4,175)	4,183)	2,586)	2,576)	1,290)	1,294)	537)	544)	592)	589)	585)	609)	121)	121)	868)	1,352)	1,344)	1,338)	1,112)	609)	609)	604)	597)	574)	1,009)	1,008)
Current operating lease liabilities	536)	562)	563)	497)	552)	552)	487)	533)	534)	525)	522)	651)	652)	639)	636)	573)	557)	551)	541)	530)	520)	506)	501)	499)	492)	500)
Accounts payable	9,513)	11,235)	9,290)	10,602)	10,336)	11,737)	8,704)	9,914)	10,333)	11,885)	10,524)	12,249)	12,631)	13,831)	11,354)	11,334)	12,011)	13,964)	10,884)	12,759)	12,916)	10,841)	7,659)	8,822)	9,499)	11,485)
Accrued compensation and employee benefits	1,098)	853)	1,008)	828)	1,055)	870)	954)	750)	1,026)	766)	1,109)	1,405)	1,227)	1,190)	1,561)	1,353)	1,331)	1,312)	1,350)	1,117)	1,139)	982)	684)	779)	717)	769)
Deferred revenue	1,558)	1,500)	1,358)	1,359)	1,417)	1,409)	1,408)	1,499)	1,566)	1,645)	1,603)	1,736)	1,968)	2,094)	1,914)	1,954)	2,041)	2,022)	1,608)	1,614)	1,715)	1,212)	1,219)	1,222)	1,324)	1,376)
Other current liabilities	4,742)	4,055)	3,952)	3,585)	3,596)	3,644)	3,478)	3,256)	3,561)	3,728)	4,669)	4,226)	3,767)	3,956)	3,335)	3,268)	3,380)	3,705)	3,235)	2,935)	3,471)	3,180)	2,581)	2,530)	2,794)	2,643)
Current liabilities	21,622)	22,388)	18,757)	19,447)	18,246)	19,506)	15,568)	16,496)	17,612)	19,210)	19,511)	20,876)	20,366)	21,831)	19,668)	20,834)	21,664)	22,892)	18,730)	19,564)	21,370)	18,325)	15,182)	15,063)	15,835)	17,781)
Long-term debt, excluding current maturities	30,548)	30,541)	32,901)	32,906)	34,659)	34,622)	35,384)	35,374)	35,839)	35,863)	32,876)	32,904)	28,763)	28,776)	23,859)	23,881)	21,967)	21,906)	20,668)	21,185)	20,197)	20,200)	16,768)	16,635)	16,538)	16,542)
Noncurrent operating lease liabilities	3,801)	3,669)	3,628)	3,741)	3,738)	3,759)	3,737)	3,602)	3,611)	3,479)	3,512)	4,048)	4,069)	4,061)	4,021)	4,136)	3,841)	3,925)	3,890)	3,907)	3,859)	3,915)	3,943)	3,942)	4,055)	4,064)
Deferred revenue, Lowe’s protection plans	1,283)	1,266)	1,268)	1,260)	1,256)	1,225)	1,225)	1,228)	1,231)	1,206)	1,201)	1,184)	1,169)	1,137)	1,127)	1,119)	1,097)	1,050)	1,019)	1,007)	981)	915)	894)	875)	868)	837)
Other liabilities	760)	762)	779)	808)	798)	859)	931)	966)	960)	869)	862)	829)	800)	797)	781)	1,006)	1,010)	982)	991)	1,144)	1,000)	761)	712)	791)	759)	759)
Noncurrent liabilities	36,392)	36,238)	38,576)	38,715)	40,451)	40,465)	41,277)	41,170)	41,641)	41,417)	38,451)	38,965)	34,801)	34,771)	29,788)	30,142)	27,915)	27,863)	26,568)	27,243)	26,037)	25,791)	22,317)	22,243)	22,220)	22,202)
Total liabilities	58,014)	58,626)	57,333)	58,162)	58,697)	59,971)	56,845)	57,666)	59,253)	60,627)	57,962)	59,841)	55,167)	56,602)	49,456)	50,976)	49,579)	50,755)	45,298)	46,807)	47,407)	44,116)	37,499)	37,306)	38,055)	39,983)
Preferred stock, $5 par value; issued and outstanding: none	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Common stock, $0.50 par value	280)	280)	280)	282)	284)	286)	287)	288)	291)	296)	301)	305)	316)	326)	335)	343)	350)	358)	366)	376)	378)	377)	381)	384)	388)	397)
Capital in excess of par value	147)	13)	—)	—)	—)	—)	—)	7)	12)	—)	—)	—)	—)	—)	—)	—)	—)	—)	90)	—)	129)	10)	—)	—)	—)	—)
Retained earnings (accumulated deficit)	(12,108)	(13,833)	(14,799)	(13,993)	(14,342)	(15,188)	(15,637)	(15,744)	(15,341)	(15,310)	(14,862)	(13,313)	(8,895)	(7,367)	(5,115)	(1,913)	(460)	98)	1,117)	3,942)	4,134)	1,722)	1,727)	2,238)	2,439)	3,095)
Accumulated other comprehensive income (loss)	281)	286)	288)	292)	295)	296)	300)	302)	306)	304)	307)	140)	137)	164)	(36)	(6)	(65)	(11)	(136)	(245)	(285)	(393)	(136)	(164)	(187)	(256)
Shareholders’ equity (deficit)	(11,400)	(13,254)	(14,231)	(13,419)	(13,763)	(14,606)	(15,050)	(15,147)	(14,732)	(14,710)	(14,254)	(12,868)	(8,442)	(6,877)	(4,816)	(1,576)	(175)	445)	1,437)	4,073)	4,356)	1,716)	1,972)	2,458)	2,640)	3,236)
Total liabilities and shareholders’ equity (deficit)	46,614)	45,372)	43,102)	44,743)	44,934)	45,365)	41,795)	42,519)	44,521)	45,917)	43,708)	46,973)	46,725)	49,725)	44,640)	49,400)	49,404)	51,200)	46,735)	50,880)	51,763)	45,832)	39,471)	39,764)	40,695)	43,219)

Short-term Borrowings: The short-term borrowings exhibit sporadic values with notable peaks in early 2020 and mid-2024. There is an initial rise to 1,941 million USD by May 1, 2020, followed by periods of zero or no data, and a lower resurgence to 499 million USD in early 2024, indicating episodic reliance on short-term financing during specific quarters.
Current Maturities of Long-term Debt: Current maturities of long-term debt have fluctuated, generally ranging between approximately 500 million and 2,500 million USD. Significant increases occur toward the end of the dataset, particularly in late 2024 and early 2025, where the values surpass 2,500 million USD. Earlier periods show relative stability around 600 to 1,300 million USD.
Current Operating Lease Liabilities: Current operating lease liabilities steadily increase from around 500 million USD in early periods to near 650 million USD by mid-2022. This is followed by a slight decline and stabilization around 500-560 million USD toward the latest periods, suggesting modest growth in lease obligations with some recent easing.
Accounts Payable: Accounts payable demonstrate notable variability, starting above 11 billion USD in May 2019, decreasing significantly by November 2019 and January 2020, then climbing sharply to reach peaks around 13-14 billion USD during 2020-2022 before declining again in the most recent quarters to around 9.5-11.2 billion USD. This pattern suggests fluctuating supplier credit and purchase activities impacted by business cycles.
Accrued Compensation and Employee Benefits: There is an overall increasing trend in accrued compensation and employee benefits from 769 million USD in early 2019 to peaks above 1,400 million USD in late 2021. However, this is followed by volatility with decreases and partial recoveries in subsequent periods, reflecting changes in workforce expenses and possibly varying employee-related obligations.
Deferred Revenue: Deferred revenue generally rises from about 1.2 billion USD to over 2 billion USD by 2021, then shows slight declines toward 2024 with values mostly between 1.3 and 1.5 billion USD. This trend indicates growing customer prepayments or advance receipts initially, followed by some stabilization or reduction in later periods.
Other Current Liabilities: Other current liabilities increase consistently from 2.6 billion USD to nearly 4.7 billion USD at the end of the period. The steady upward movement reflects rising miscellaneous obligations, appointments, or accrued expenses not explicitly detailed.
Current Liabilities (Total): Total current liabilities show a similar pattern to their components, growing from around 15 billion USD to peaks near 22 billion USD in early 2020 and 2022, then slightly declining but remaining elevated above 15 billion USD through recent quarters.
Long-term Debt, Excluding Current Maturities: Long-term debt exhibits an upward trajectory from approximately 16.5 billion USD in early 2019 to in excess of 35 billion USD in mid-2023, followed by a moderate decrease toward 30-33 billion USD in the latest periods. The initial growth phase indicates increased long-term borrowing, with some deleveraging or repayments occurring near the dataset's end.
Noncurrent Operating Lease Liabilities: This liability category remains relatively stable between roughly 3.8 billion and 4.1 billion USD throughout the timeframe, with minor fluctuations suggesting a steady level of long-term lease commitments.
Deferred Revenue, Lowe’s Protection Plans: Revenues deferred related to protection plans show consistent growth from 837 million USD to approximately 1.3 billion USD, indicating an increasing customer base or sales in service contracts linked to product warranties over the period.
Other Liabilities: Other liabilities show modest growth, fluctuating between roughly 700 million and 1 billion USD, without a significant trend, indicating relative stability in this category.
Noncurrent Liabilities (Total): Noncurrent liabilities rise from about 22.2 billion USD to nearly 41.6 billion USD in mid-2023 before retreating to around 36 billion USD by the most recent quarters. This mirrors the increase and partial reduction seen in long-term debt and indicates overall leverage management over time.
Total Liabilities: Total liabilities climb steadily from nearly 40 billion USD to a peak near 60 billion USD in late 2022, subsequently declining slightly but remaining elevated above 57 billion USD through 2025. The trend shows significant balance sheet growth, driven largely by long-term debt and lease obligations.
Common Stock and Capital in Excess of Par Value: Common stock par value declines slightly over time, reflecting possible share repurchases or retirements. Capital in excess of par value shows sporadic values without a clear trend, suggesting occasional equity transactions or accounting adjustments.
Retained Earnings (Accumulated Deficit): Retained earnings demonstrate a marked decline from a positive 3.1 billion USD to a deeply negative position nearing -15 billion USD by early 2024, with minor improvements afterward but remaining substantially negative. This indicates prolonged net losses or dividend payouts exceeding profits, negatively impacting accumulated shareholder value.
Accumulated Other Comprehensive Income (Loss): This component shows fluctuations from a loss position improving slightly into positive values briefly and then slightly declining again, maintaining a narrow range around negative 200 to positive 300 million USD. The changes reflect adjustments in items like foreign currency translation or unrealized gains/losses.
Shareholders' Equity (Deficit): Shareholders' equity mirrors the retained earnings trend, declining from a positive 3.2 billion USD into a negative equity position exceeding -14 billion USD by early 2024, with some partial recoveries but remaining negative toward the dataset's end. This substantial equity deficit highlights financial strain or accumulated losses.
Total Liabilities and Shareholders’ Equity: The sum of liabilities and equity ranges mostly between 40 billion and 47 billion USD, with occasional peaks above 45 billion, reflecting the overall size of the balance sheet and its fluctuations driven predominantly by liabilities given the shareholders’ equity deficit.

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Lowe’s Cos. Inc. (NYSE:LOW)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data