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.

Home Depot Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

	Feb 2, 2025	Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Short-term debt	316)	—)	—)	1,035)	—)	974)
Accounts payable	11,938)	10,037)	11,443)	13,462)	11,606)	7,787)
Accrued salaries and related expenses	2,315)	2,096)	1,991)	2,426)	2,463)	1,494)
Sales taxes payable	628)	449)	528)	848)	774)	605)
Deferred revenue	2,610)	2,762)	3,064)	3,596)	2,823)	2,116)
Income taxes payable	832)	28)	50)	158)	193)	55)
Current installments of long-term debt	4,582)	1,368)	1,231)	2,447)	1,416)	1,839)
Current operating lease liabilities	1,274)	1,050)	945)	830)	828)	828)
Other accrued expenses	4,166)	4,225)	3,858)	3,891)	3,063)	2,677)
Current liabilities	28,661)	22,015)	23,110)	28,693)	23,166)	18,375)
Long-term debt, excluding current installments	48,485)	42,743)	41,962)	36,604)	35,822)	28,670)
Long-term operating lease liabilities	7,633)	7,082)	6,226)	5,353)	5,356)	5,066)
Deferred income taxes	1,962)	863)	1,019)	909)	1,131)	706)
Other long-term liabilities	2,738)	2,783)	2,566)	2,013)	1,807)	1,535)
Long-term liabilities	60,818)	53,471)	51,773)	44,879)	44,116)	35,977)
Total liabilities	89,479)	75,486)	74,883)	73,572)	67,282)	54,352)
Common stock, par value $0.05	90)	90)	90)	90)	89)	89)
Paid-in capital	14,117)	13,147)	12,592)	12,132)	11,540)	11,001)
Retained earnings	89,533)	83,656)	76,896)	67,580)	58,134)	51,729)
Accumulated other comprehensive loss	(1,129)	(477)	(718)	(704)	(671)	(739)
Treasury stock, at cost	(95,971)	(95,372)	(87,298)	(80,794)	(65,793)	(65,196)
Stockholders’ equity (deficit)	6,640)	1,044)	1,562)	(1,696)	3,299)	(3,116)
Total liabilities and stockholders’ equity (deficit)	96,119)	76,530)	76,445)	71,876)	70,581)	51,236)

Based on: 10-K (reporting date: 2025-02-02), 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02).

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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.	Home Depot Inc. current liabilities decreased from 2023 to 2024 but then increased from 2024 to 2025 exceeding 2023 level.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Home Depot Inc. long-term liabilities increased from 2023 to 2024 and from 2024 to 2025.
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.	Home Depot Inc. total liabilities increased from 2023 to 2024 and from 2024 to 2025.
Stockholders’ equity (deficit)	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.	Home Depot Inc. stockholders’ equity (deficit) decreased from 2023 to 2024 but then increased from 2024 to 2025 exceeding 2023 level.

Home Depot Inc. (NYSE:HD)

Balance Sheet: Liabilities and Stockholders’ Equity