Analyze your company’s liability section of the comparative balance sheets.  Has the composition of current and long-term liabilities changed significantly over the period?  Explain? Liabilities and Equity sections of Walmart's Balance Sheet    As of January 31, (Amounts in millions) 2019 2018 LIABILITIES AND EQUITY     Current liabilities:     Short-term borrowings  $    5,225  $    5,257 Accounts payable 47,060 46,092 Accrued liabilities 22,159 22,122 Accrued income taxes 428 645 Long-term debt due within one year 1,876 3,738 Capital lease and financing obligations due within one year 729 667 Total current liabilities 77,477 78,521       Long-term debt 43,520 30,045 Long-term capital lease and financing obligations 6,683 6,780 Deferred income taxes and other 11,981 8,354 Total liabilities 139,661 123,700

Question

Analyze your company’s liability section of the comparative balance sheets.  Has the composition of current and long-term liabilities changed significantly over the period? 

Explain?

Liabilities and Equity sections of Walmart's Balance Sheet 

 

As of January 31,
(Amounts in millions) 2019 2018
LIABILITIES AND EQUITY

 

 

Current liabilities:

 

 

Short-term borrowings  $    5,225  $    5,257
Accounts payable 47,060 46,092
Accrued liabilities 22,159 22,122
Accrued income taxes 428 645
Long-term debt due within one year 1,876 3,738
Capital lease and financing obligations due within one year 729 667
Total current liabilities 77,477 78,521

 

 

 

Long-term debt 43,520 30,045
Long-term capital lease and financing obligations 6,683 6,780
Deferred income taxes and other 11,981 8,354
Total liabilities

139,661

123,700

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