Balance Sheet: Liabilities and Stockholders’ Equity

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.

Dollar General Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

	Feb 2, 2024	Feb 3, 2023	Jan 28, 2022	Jan 29, 2021	Jan 31, 2020	Feb 1, 2019
Current portion of long-term obligations	768,645)	—)	—)	—)	555)	1,950)
Current portion of operating lease liabilities	1,387,083)	1,288,939)	1,183,559)	1,074,079)	964,805)	—)
Accounts payable	3,587,374)	3,552,991)	3,738,604)	3,614,089)	2,860,682)	2,385,469)
Compensation and benefits	145,665)	214,472)	215,355)	269,032)	135,492)	121,375)
Self-insurance reserves	151,317)	136,911)	127,719)	110,321)	109,291)	107,380)
Taxes, other than taxes on income	275,636)	296,343)	324,438)	318,552)	192,656)	183,941)
Other	399,272)	389,193)	381,627)	308,647)	271,717)	205,709)
Accrued expenses and other	971,890)	1,036,919)	1,049,139)	1,006,552)	709,156)	618,405)
Income taxes payable	10,709)	8,919)	8,055)	16,063)	8,362)	10,033)
Current liabilities	6,725,701)	5,887,768)	5,979,357)	5,710,783)	4,543,560)	3,015,857)
Long-term obligations, excluding current portion	6,231,539)	7,009,399)	4,172,068)	4,130,975)	2,911,438)	2,862,740)
Long-term operating lease liabilities, excluding current portion	9,703,499)	9,362,761)	8,890,709)	8,385,388)	7,819,683)	—)
Deferred income taxes	1,133,784)	1,060,906)	825,254)	710,549)	675,227)	609,687)
Self-insurance reserves	156,600)	137,800)	129,692)	134,765)	131,281)	130,022)
Payroll tax liabilities	—)	—)	—)	81,488)	—)	—)
Deferred rent	—)	—)	—)	—)	—)	70,139)
Deferred gain on sale leaseback	—)	—)	—)	—)	—)	40,303)
Other	95,349)	82,961)	68,305)	47,438)	41,395)	57,897)
Other liabilities	251,949)	220,761)	197,997)	263,691)	172,676)	298,361)
Noncurrent liabilities	17,320,771)	17,653,827)	14,086,028)	13,490,603)	11,579,024)	3,770,788)
Total liabilities	24,046,472)	23,541,595)	20,065,385)	19,201,386)	16,122,584)	6,786,645)
Preferred stock	—)	—)	—)	—)	—)	—)
Common stock; $0.875 par value	192,206)	191,718)	201,265)	210,687)	220,444)	227,072)
Additional paid-in capital	3,757,005)	3,693,871)	3,587,914)	3,446,612)	3,322,531)	3,252,421)
Retained earnings	2,799,415)	1,656,140)	2,473,999)	3,006,102)	3,162,660)	2,941,107)
Accumulated other comprehensive income (loss)	493)	43)	(1,192)	(2,163)	(3,135)	(3,207)
Shareholders’ equity	6,749,119)	5,541,772)	6,261,986)	6,661,238)	6,702,500)	6,417,393)
Total liabilities and shareholders’ equity	30,795,591)	29,083,367)	26,327,371)	25,862,624)	22,825,084)	13,204,038)

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01).

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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.	Dollar General Corp. current liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Dollar General Corp. noncurrent liabilities increased from 2022 to 2023 but then slightly decreased from 2023 to 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.	Dollar General Corp. total liabilities increased from 2022 to 2023 and from 2023 to 2024.
Shareholders’ 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.	Dollar General Corp. shareholders’ equity decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

Dollar General Corp. (NYSE:DG)

Balance Sheet: Liabilities and Stockholders’ Equity