Stock Analysis on Net

This company has been moved to the archive! The financial data has not been updated since April 29, 2022.

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.

Stryker Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2022 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
Accounts payable 1,084 1,129 934 864 767 810 647 635 736 675 659 616 619 646 563 561 529 487 458 427 456
Accrued compensation 703 1,092 976 890 689 925 680 528 430 955 767 640 531 917 748 600 525 838 672 548 457
Income taxes 173 192 373 300 253 207 261 214 227 171 87 139 154 158 100 130 186 143 143 80 43
Dividends payable 263 263 238 238 237 237 216 216 216 213 192 192 192 192 176 178 178 178 159 159 159
Accrued product liabilities 430 401 439 444 505 515
Accrued expenses and other liabilities 1,541 1,465 1,467 1,510 1,487 1,586 1,766 1,702 1,450 1,527 1,690 1,820 1,696 1,521 1,291 1,300 1,398 1,207 1,194 1,564 1,404
Current maturities of debt 214 7 22 6 15 761 1,119 1,110 1,103 859 526 539 521 1,373 1,275 1,277 1,984 632 632 774 35
Current liabilities 4,408 4,549 4,449 4,252 3,953 5,041 4,689 4,405 4,162 4,400 3,921 3,946 3,713 4,807 4,153 4,046 4,800 3,485 3,258 3,552 2,554
Long-term debt, excluding current maturities 13,885 12,472 12,629 12,734 13,059 13,230 12,008 11,811 9,404 10,231 7,889 7,974 7,950 8,486 5,928 5,925 5,920 6,590 6,593 6,592 7,184
Income taxes 917 913 929 927 986 990 999 990 1,026 1,068 1,095 1,106 1,218 1,228 1,251 1,262 1,278 1,261
Other noncurrent liabilities 1,881 1,820 1,960 1,965 1,955 1,985 1,604 1,523 1,733 1,661 1,439 1,385 1,363 978 892 877 912 881 1,209 1,113 1,075
Noncurrent liabilities 16,683 15,205 15,518 15,626 16,000 16,205 14,611 14,324 12,163 12,960 10,423 10,465 10,531 10,692 8,071 8,064 8,110 8,732 7,802 7,705 8,259
Total liabilities 21,091 19,754 19,967 19,878 19,953 21,246 19,300 18,729 16,325 17,360 14,344 14,411 14,244 15,499 12,224 12,110 12,910 12,217 11,060 11,257 10,813
Common stock, $0.10 par value 38 38 38 38 38 38 38 38 38 37 37 37 37 37 37 37 37 37 37 37 37
Additional paid-in capital 1,947 1,890 1,875 1,844 1,806 1,741 1,736 1,706 1,676 1,628 1,593 1,569 1,538 1,559 1,535 1,503 1,486 1,496 1,475 1,452 1,439
Retained earnings 13,540 13,480 13,081 12,881 12,525 12,462 12,129 11,725 12,024 11,748 11,238 10,967 10,683 10,765 8,892 8,477 8,201 8,986 9,411 9,136 8,903
Accumulated other comprehensive loss (479) (531) (816) (943) (867) (1,157) (917) (715) (623) (606) (553) (630) (565) (631) (604) (557) (510) (553) (498) (590) (675)
Total Stryker shareholders’ equity 15,046 14,877 14,178 13,820 13,502 13,084 12,986 12,754 13,115 12,807 12,315 11,943 11,693 11,730 9,860 9,460 9,214 9,966 10,425 10,035 9,704
Non-controlling interest 9 14
Total shareholders’ equity 15,046 14,877 14,178 13,820 13,502 13,084 12,986 12,754 13,115 12,807 12,315 11,943 11,693 11,730 9,860 9,460 9,223 9,980 10,425 10,035 9,704
Total liabilities and shareholders’ equity 36,137 34,631 34,145 33,698 33,455 34,330 32,286 31,483 29,440 30,167 26,659 26,354 25,937 27,229 22,084 21,570 22,133 22,197 21,485 21,292 20,517

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).


Accounts payable
The accounts payable balance showed an overall upward trend from March 2017 through March 2022, increasing from $456 million to $1,084 million. Notable peaks occurred at year-end quarters such as December 2020 ($810 million) and December 2021 ($1,129 million), indicating seasonality or accumulation of payables towards the year-end.
Accrued compensation
Accrued compensation exhibited some volatility, initially rising sharply from $457 million in March 2017 to $838 million by December 2017. Subsequently, it fluctuated but generally increased, with notable highs in December 2020 ($925 million) and December 2021 ($1,092 million). This pattern may reflect timing of bonuses or other personnel costs.
Income taxes (current)
Current income tax liabilities fluctuated over the period without a clear directional trend, peaking at $373 million in December 2021 and recording the lowest values around mid-2019 and early 2022. This variability likely corresponds to tax payment schedules and the company's taxable income fluctuations.
Dividends payable
Dividends payable increased modestly from $159 million in early 2017 to $263 million by March 2022, with consistent growth indicating steady or gradually rising dividend declarations over time.
Accrued product liabilities
Data on accrued product liabilities were scarce before 2020. From March 2020 onwards, these liabilities showed a declining trend from $515 million down to $430 million by March 2022, suggesting improved product liability management or decreased associated costs.
Accrued expenses and other liabilities
Accrued expenses and other liabilities generally increased from $1,404 million in March 2017 to a peak around $1,766 million in September 2020, followed by mild fluctuations around $1,450-$1,545 million through early 2022. This indicates overall growth in accrued obligations with some stabilization post-2020.
Current maturities of debt
This item showed significant variability, notably a spike to $1,984 million in March 2018, followed by fluctuating but generally lower levels in 2019 and 2021. This suggests significant debt refinancing or principal repayments occurring in certain quarters.
Current liabilities
Current liabilities displayed strong volatility, with peaks such as $4,800 million in March 2018 and $5,041 million in December 2020. Despite some decrease periods, the overall trend is increasing, reflecting expanding short-term obligations.
Long-term debt, excluding current maturities
Long-term debt excluding current maturities remained relatively stable between 2017 and 2018 but saw sharp increases in subsequent years, rising from $7,184 million in March 2017 to $13,885 million in March 2022. This indicates increased leverage or capital raising through long-term borrowing.
Income taxes (non-current)
Non-current income taxes showed a steady decline from $1,261 million in March 2018 to $917 million in March 2022, reflecting reductions in deferred tax liabilities or changes in tax positions over time.
Other noncurrent liabilities
Other noncurrent liabilities fluctuated but generally rose from $1,075 million in early 2017 to $1,881 million in March 2022, with a peak around December 2020 at $1,985 million. This may indicate increases in long-term obligations outside debt, such as pension or environmental liabilities.
Noncurrent liabilities
Noncurrent liabilities overall increased substantially from approximately $8,259 million in March 2017 to $16,683 million by March 2022. The steady expansion reflects the rises in long-term debt and other obligations, with spikes coinciding with December reporting periods.
Total liabilities
Total liabilities grew significantly from $10,813 million in March 2017 to $21,091 million in March 2022, nearly doubling. Notable jumps occurred in late 2018 and late 2019, consistent with increases in both current and noncurrent liabilities, indicating growth in the company's total obligations.
Common stock
Common stock par value remained nearly constant at $37-$38 million, indicating no significant issuance or repurchase affecting the par value component of equity.
Additional paid-in capital
Additional paid-in capital steadily increased from $1,439 million in 2017 to $1,947 million in early 2022, reflecting equity raises or issuance of stock premium over the period.
Retained earnings
Retained earnings generally rose from $8,903 million in March 2017 to $13,540 million by March 2022, despite some fluctuations. This reflects cumulative net income retention net of dividends paid, indicating profitability and reinvestment into the company.
Accumulated other comprehensive loss
The accumulated other comprehensive loss deepened from -$675 million in early 2017 to a maximum loss of -$1,157 million in December 2020, then improved to -$479 million by March 2022. This suggests volatility in items such as foreign currency translation adjustments or actuarial losses on pensions.
Total shareholders’ equity
Shareholders’ equity increased from approximately $9,704 million in March 2017 to $15,046 million in March 2022, showing steady growth driven primarily by retained earnings and additional paid-in capital, partially offset by accumulated other comprehensive losses.
Total liabilities and shareholders’ equity
The sum of liabilities and equity expanded from $20,517 million in March 2017 to $36,137 million in March 2022, indicating overall growth in the company’s balance sheet size by about 76%. Growth in both liabilities and equity components supported this increase.