Stock Analysis on Net
Stock Analysis on Net

ConocoPhillips (NYSE:COP)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

ConocoPhillips, common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Accounts payable 5.30 6.52 5.52 4.26 4.50
Accounts payable, related parties 0.04 0.05 0.03 0.05 0.03
Short-term debt 1.12 0.44 1.32 0.99 0.15
Accrued income and other taxes 1.89 3.40 3.16 0.51 1.46
Employee benefit obligations 0.81 0.78 0.83 0.97 0.94
Other accruals 1.28 2.50 2.40 1.79 2.90
Current liabilities 10.43% 13.69% 13.26% 8.57% 9.99%
Long-term debt 18.62 17.29 20.66 23.56 20.97
Asset retirement obligations and accrued environmental costs 7.53 6.82 6.35 8.67 7.59
Deferred income taxes 9.19 8.23 6.82 5.98 6.57
Employee benefit obligations 1.05 1.14 1.27 2.71 2.53
Other liabilities and deferred credits 1.81 1.65 1.56 2.84 2.64
Noncurrent liabilities 38.20% 35.15% 36.66% 43.76% 40.31%
Total liabilities 48.63% 48.84% 49.92% 52.33% 50.29%
Common stock, $0.01 par value 0.02 0.02 0.02 0.03 0.03
Capital in excess of par 63.91 65.16 66.82 75.27 66.63
Treasury stock, at cost -68.43 -64.15 -56.17 -75.53 -65.81
Accumulated other comprehensive loss -5.91 -6.39 -5.46 -8.33 -7.60
Retained earnings 61.79 56.52 44.86 56.23 56.36
Common stockholders’ equity 51.37% 51.16% 50.08% 47.67% 49.61%
Noncontrolling interests 0.00 0.00 0.00 0.00 0.10
Total equity 51.37% 51.16% 50.08% 47.67% 49.71%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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. ConocoPhillips current liabilities as a percentage of total liabilities and equity increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. ConocoPhillips noncurrent liabilities as a percentage of total liabilities and equity decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 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. ConocoPhillips total liabilities as a percentage of total liabilities and equity decreased from 2021 to 2022 and from 2022 to 2023.
Common stockholders’ 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. ConocoPhillips common stockholders’ equity as a percentage of total liabilities and equity increased from 2021 to 2022 and from 2022 to 2023.