Stock Analysis on Net
Stock Analysis on Net

Procter & Gamble Co. (NYSE:PG)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Procter & Gamble Co., common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019
Accounts payable 12.56 12.08 12.70 11.50 10.00 9.78
Accrued marketing and promotion 3.41 3.22 3.31 3.47 2.93 3.74
Accrued compensation 1.77 1.68 1.53 1.80 1.59 1.41
Taxes payable 0.85 0.69 0.50 0.53 0.57 0.30
Accrued interest 0.23 0.19 0.00 0.00 0.00 0.00
Current operating lease liabilities 0.20 0.18 0.17 0.18 0.20 0.00
Restructuring reserves 0.14 0.14 0.13 0.23 0.39 0.41
Derivative liabilities 0.04 0.52 0.00 0.00 0.00 0.00
Other 2.41 2.41 2.51 2.60 2.37 2.02
Accrued and other liabilities 9.05% 9.05% 8.15% 8.82% 8.05% 7.87%
Debt due within one year 5.88 8.47 7.38 7.45 9.27 8.43
Current liabilities 27.48% 29.59% 28.22% 27.77% 27.32% 26.07%
Long-term debt, excluding due within one year 20.65 20.18 19.49 19.36 19.50 17.72
Deferred income taxes 5.32 5.36 5.81 5.16 5.14 5.99
Pension benefit obligations 2.36 2.58 2.68 4.57 5.16 4.88
Uncertain tax positions 0.59 0.51 0.64 0.67 0.48 0.41
Noncurrent operating lease liabilities 0.54 0.49 0.51 0.53 0.54 0.00
Other retiree benefit obligations 0.53 0.57 0.57 0.77 0.80 0.95
U.S. Tax Act transitional tax payable 0.48 0.96 1.42 1.58 1.76 2.04
Derivative liabilities 0.27 0.37 0.26 0.00 0.00 0.00
Other 0.45 0.44 0.42 0.49 0.47 0.59
Other noncurrent liabilities 5.23% 5.92% 6.50% 8.61% 9.20% 8.87%
Noncurrent liabilities 31.20% 31.46% 31.80% 33.13% 33.84% 32.59%
Total liabilities 58.68% 61.05% 60.02% 60.90% 61.16% 58.66%
Convertible Class A preferred stock, stated value $1 per share 0.65 0.68 0.72 0.73 0.74 0.81
Non-Voting Class B preferred stock, stated value $1 per share 0.00 0.00 0.00 0.00 0.00 0.00
Common stock, stated value $1 per share 3.28 3.32 3.42 3.36 3.32 3.48
Additional paid-in capital 55.31 55.08 56.14 54.35 53.18 55.46
Reserve for ESOP debt retirement -0.60 -0.68 -0.78 -0.84 -0.89 -1.00
Accumulated other comprehensive loss -9.72 -10.11 -10.40 -11.52 -13.39 -12.98
Treasury stock -109.00 -107.37 -105.27 -96.37 -87.47 -87.24
Retained earnings 101.18 97.80 95.92 89.16 83.05 82.47
Shareholders’ equity attributable to Procter & Gamble 41.09% 38.71% 39.75% 38.87% 38.54% 41.00%
Noncontrolling interest 0.22 0.24 0.23 0.23 0.30 0.33
Total shareholders’ equity 41.32% 38.95% 39.98% 39.10% 38.84% 41.34%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

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. Procter & Gamble Co. current liabilities as a percentage of total liabilities and shareholders’ equity increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Procter & Gamble Co. noncurrent liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2022 to 2023 and 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. Procter & Gamble Co. total liabilities as a percentage of total liabilities and shareholders’ equity increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Shareholders’ equity attributable to Procter & Gamble 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. Procter & Gamble Co. shareholders’ equity attributable to Procter & Gamble as a percentage of total liabilities and shareholders’ equity decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.