Walt Disney Co. (DIS)

Statement of Financial Position, Liabilities and Stockholders' Equity

Difficulty: Beginner

The statement of financial position provides creditors, investors, and analysts with information on company's resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company's 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.

Walt Disney Co., Consolidated Statement of Financial Position, Liabilities and Stockholders' Equity

USD $ in millions

		Sep 29, 2018		Sep 30, 2017		Oct 1, 2016		Oct 3, 2015		Sep 27, 2014		Sep 28, 2013
	Accounts payable
	Payroll and employee benefits
	Other
	Accounts payable and other accrued liabilities
	Current portion of borrowings
	Deferred revenue and other
	Current liabilities
	Borrowings, excluding current portion
	Deferred income taxes
	Pension and postretirement medical plan liabilities
	Other
	Other long-term liabilities
	Non-current liabilities
	Total liabilities
	Redeemable noncontrolling interests
	Preferred stock, $.01 par value; issued – none
	Common stock, $.01 par value
	Retained earnings
	Accumulated other comprehensive loss
	Treasury stock, at cost
	Total Disney Shareholder's equity
	Noncontrolling interests
	Total equity
	Total liabilities and equity

Based on: 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19), 10-K (filing date: 2013-11-20).

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.	Walt Disney Co.'s current liabilities increased from 2016 to 2017 but then slightly declined from 2017 to 2018 not reaching 2016 level.
Non-current liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Walt Disney Co.'s non-current liabilities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.
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.	Walt Disney Co.'s total liabilities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.
Total Disney Shareholder's 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.	Walt Disney Co.'s total Disney Shareholder's equity declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.

	Walt Disney Co.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality