Balance Sheet: Liabilities and Stockholders’ Equity

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.

Parker-Hannifin Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020	Jun 30, 2019	Jun 30, 2018	Jun 30, 2017
Notes payable and long-term debt payable within one year	1,724,310)	2,824)	809,529)	587,014)	638,466)	1,008,465)
Accounts payable, trade	1,731,925)	1,667,878)	1,111,759)	1,413,155)	1,430,306)	1,300,496)
Accrued payrolls and other compensation	470,132)	507,027)	424,231)	426,285)	427,500)	435,911)
Accrued domestic and foreign taxes	250,292)	236,384)	195,314)	167,312)	198,878)	153,137)
Other accrued liabilities	1,682,659)	682,390)	607,540)	558,007)	502,333)	497,851)
Current liabilities	5,859,318)	3,096,503)	3,148,373)	3,151,773)	3,197,483)	3,395,860)
Long-term debt, excluding payable within one year	9,755,825)	6,582,053)	7,652,256)	6,520,831)	4,318,559)	4,861,895)
Pensions and other postretirement benefits	639,939)	1,055,638)	1,887,414)	1,304,379)	1,177,605)	1,406,082)
Deferred income taxes	307,044)	553,981)	382,528)	193,066)	234,858)	221,790)
Other liabilities	521,897)	639,355)	539,089)	438,489)	526,089)	336,931)
Noncurrent liabilities	11,224,705)	8,831,027)	10,461,287)	8,456,765)	6,257,111)	6,826,698)
Total liabilities	17,084,023)	11,927,530)	13,609,660)	11,608,538)	9,454,594)	10,222,558)
Serial preferred stock, $.50 par value; none issued	—)	—)	—)	—)	—)	—)
Common stock, $.50 par value	90,523)	90,523)	90,523)	90,523)	90,523)	90,523)
Additional capital	327,307)	329,619)	416,585)	462,086)	496,592)	543,879)
Retained earnings	15,661,808)	14,915,497)	13,530,666)	12,777,538)	11,625,975)	10,930,348)
Accumulated other comprehensive loss	(1,543,198)	(1,566,727)	(2,558,875)	(2,059,048)	(1,763,086)	(1,924,204)
Treasury shares at cost	(5,688,429)	(5,370,605)	(5,364,916)	(5,309,130)	(4,590,138)	(4,378,897)
Shareholders’ equity	8,848,011)	8,398,307)	6,113,983)	5,961,969)	5,859,866)	5,261,649)
Noncontrolling interests	11,909)	15,363)	14,546)	6,183)	5,627)	5,697)
Total equity	8,859,920)	8,413,670)	6,128,529)	5,968,152)	5,865,493)	5,267,346)
Total liabilities and equity	25,943,943)	20,341,200)	19,738,189)	17,576,690)	15,320,087)	15,489,904)

Based on: 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30).

Download chart

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.	Parker-Hannifin Corp. current liabilities decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Parker-Hannifin Corp. noncurrent liabilities decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.
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.	Parker-Hannifin Corp. total liabilities decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.
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 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.	Parker-Hannifin Corp. shareholders’ equity increased from 2020 to 2021 and from 2021 to 2022.

Parker-Hannifin Corp. (NYSE:PH)

Balance Sheet: Liabilities and Stockholders’ Equity