Stock Analysis on Net

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.

ConocoPhillips, consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 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
Accounts payable 5,987 5,161 5,065 5,101 5,083 5,119 4,597 5,078 6,113 6,242 5,845 4,875 5,002 4,101 3,591 3,779 2,669 2,217 2,060 2,900
Accounts payable, related parties 57 29 91 37 34 24 29 22 50 26 28 22 23 30 22 22 29 22 20 21
Short-term debt 1,035 1,314 1,312 1,113 1,074 881 879 1,317 417 664 676 1,160 1,200 920 1,205 689 619 482 146 126
Accrued income and other taxes 2,460 2,473 2,016 2,116 1,811 1,919 1,692 2,847 3,193 3,187 2,759 3,162 2,862 2,082 1,406 959 320 339 312 853
Employee benefit obligations 1,087 627 516 405 774 691 552 420 728 628 529 446 755 691 571 567 608 469 422 323
Other accruals 1,498 1,161 1,324 1,391 1,229 1,704 1,799 1,869 2,346 3,250 2,379 1,959 2,179 2,625 1,355 1,168 1,121 1,111 1,145 1,852
Current liabilities 12,124 10,765 10,324 10,163 10,005 10,338 9,548 11,553 12,847 13,997 12,216 11,624 12,021 10,449 8,150 7,184 5,366 4,640 4,105 6,075
Long-term debt 23,289 16,990 17,040 17,304 17,863 18,182 15,565 15,266 16,226 16,297 16,295 17,586 18,734 18,748 18,805 19,338 14,750 14,905 14,852 14,847
Asset retirement obligations and accrued environmental costs 8,089 7,337 7,238 7,141 7,220 6,425 6,357 6,324 6,401 5,729 5,737 5,815 5,754 5,721 5,819 5,782 5,430 5,651 5,465 5,316
Deferred income taxes 11,426 8,986 8,927 8,776 8,813 8,325 8,038 7,927 7,726 7,218 6,694 6,556 6,179 5,630 5,331 4,982 3,747 3,854 3,901 4,141
Employee benefit obligations 1,022 945 990 967 1,009 956 981 1,007 1,074 1,087 1,080 1,085 1,153 1,162 1,297 1,530 1,697 1,661 1,586 1,563
Other liabilities and deferred credits 2,034 1,795 1,730 1,672 1,735 1,680 1,585 1,581 1,552 1,430 1,469 1,424 1,414 1,479 1,725 1,722 1,779 1,663 1,644 1,704
Noncurrent liabilities 45,860 36,053 35,925 35,860 36,640 35,568 32,526 32,105 32,979 31,761 31,275 32,466 33,234 32,740 32,977 33,354 27,403 27,734 27,448 27,571
Total liabilities 57,984 46,818 46,249 46,023 46,645 45,906 42,074 43,658 45,826 45,758 43,491 44,090 45,255 43,189 41,127 40,538 32,769 32,374 31,553 33,646
Common stock, $0.01 par value 23 21 21 21 21 21 21 21 21 21 21 21 21 21 21 21 18 18 18 18
Capital in excess of par 77,529 61,430 61,381 61,300 61,303 61,262 61,169 61,100 61,142 61,089 61,045 60,907 60,581 60,431 60,337 60,278 47,133 47,113 47,079 47,027
Treasury stock, at cost (71,152) (69,184) (68,005) (66,974) (65,640) (64,529) (63,217) (61,904) (60,189) (57,444) (54,644) (52,344) (50,920) (49,521) (48,278) (47,672) (47,297) (47,130) (47,130) (47,130)
Accumulated other comprehensive loss (6,473) (5,845) (5,961) (5,917) (5,673) (5,961) (5,925) (6,027) (6,000) (5,865) (5,313) (4,808) (4,950) (5,123) (4,920) (5,080) (5,218) (5,666) (5,825) (6,145)
Retained earnings 64,869 63,459 62,309 60,895 59,268 56,952 55,483 54,593 53,029 51,278 49,093 45,442 40,674 38,307 37,116 35,608 35,213 36,448 37,351 37,545
Common stockholders’ equity 64,796 49,881 49,745 49,325 49,279 47,745 47,531 47,783 48,003 49,079 50,202 49,218 45,406 44,115 44,276 43,155 29,849 30,783 31,493 31,315
Noncontrolling interests 72
Total equity 64,796 49,881 49,745 49,325 49,279 47,745 47,531 47,783 48,003 49,079 50,202 49,218 45,406 44,115 44,276 43,155 29,849 30,783 31,493 31,387
Total liabilities and equity 122,780 96,699 95,994 95,348 95,924 93,651 89,605 91,441 93,829 94,837 93,693 93,308 90,661 87,304 85,403 83,693 62,618 63,157 63,046 65,033

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 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).

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 increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. ConocoPhillips noncurrent liabilities increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
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 increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
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 increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.