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.

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

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Accounts payable	126)	274)	89)	34)	53)
Accrued payroll	650)	490)	444)	372)	231)
Taxes payable	123)	109)	101)	58)	38)
Other employee related liabilities	167)	150)	121)	92)	75)
Other	425)	226)	184)	146)	118)
Accrued expenses and other current liabilities	1,365)	975)	850)	668)	461)
Current portion of deferred revenue	5,785)	4,660)	3,836)	2,963)	2,186)
Current portion of operating lease liabilities	89)	96)	82)	72)	53)
Current debt, net	—)	—)	92)	—)	—)
Current liabilities	7,365)	6,005)	4,949)	3,737)	2,753)
Deferred revenue, less current portion	81)	70)	63)	45)	40)
Operating lease liabilities, less current portion	707)	650)	556)	423)	383)
Long-term debt, net, less current portion	1,488)	1,486)	1,484)	1,640)	695)
Other long-term liabilities	118)	56)	51)	35)	23)
Long-term liabilities	2,394)	2,262)	2,154)	2,143)	1,142)
Total liabilities	9,759)	8,267)	7,103)	5,881)	3,894)
Preferred stock, $0.001 par value; no shares issued or outstanding	—)	—)	—)	—)	—)
Common stock, $0.001 par value	—)	—)	—)	—)	—)
Treasury stock, at cost	(535)	—)	—)	—)	—)
Additional paid-in capital	6,131)	4,796)	3,665)	2,974)	2,455)
Accumulated other comprehensive income (loss)	(37)	(102)	34)	94)	25)
Retained earnings (accumulated deficit)	2,069)	338)	(4)	(234)	(352)
Stockholders’ equity	7,628)	5,032)	3,695)	2,834)	2,128)
Total liabilities and stockholders’ equity	17,387)	13,299)	10,798)	8,715)	6,022)

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).

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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.	ServiceNow Inc. current liabilities increased from 2021 to 2022 and from 2022 to 2023.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	ServiceNow Inc. long-term liabilities increased from 2021 to 2022 and from 2022 to 2023.
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.	ServiceNow Inc. total liabilities increased from 2021 to 2022 and from 2022 to 2023.
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.	ServiceNow Inc. stockholders’ equity increased from 2021 to 2022 and from 2022 to 2023.

ServiceNow Inc. (NYSE:NOW)

Balance Sheet: Liabilities and Stockholders’ Equity