Stock Analysis on Net
Stock Analysis on Net

Sherwin-Williams Co. (NYSE:SHW)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Sherwin-Williams Co., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Short-term borrowings 1.63 4.33 3.69 0.00 1.00
Accounts payable 10.09 10.78 11.63 10.38 9.15
Compensation and taxes withheld 3.76 3.47 3.47 3.69 2.70
Accrued taxes 0.86 0.87 0.78 0.90 0.42
Current portion of long-term debt 4.79 0.00 1.26 0.12 2.10
Current portion of operating lease liabilities 1.96 1.88 1.98 1.90 1.81
Other accruals 5.79 5.04 4.87 5.53 4.88
Current liabilities 28.87% 26.38% 27.67% 22.52% 22.06%
Long-term debt, excluding current portion 36.50 42.45 41.57 40.52 39.28
Postretirement benefits other than pensions 0.58 0.62 1.26 1.35 1.28
Deferred income taxes 2.98 3.02 3.72 4.15 4.73
Long-term operating lease liabilities, excluding current portion 6.58 6.70 7.12 7.03 6.69
Other long-term liabilities 8.31 7.11 6.87 6.73 5.84
Long-term liabilities 54.94% 59.89% 60.53% 59.78% 57.82%
Total liabilities 83.81% 86.27% 88.21% 82.30% 79.88%
Common stock, $0.33-1/3 par value 0.40 0.40 0.44 0.44 0.58
Other capital 18.27 17.54 18.35 17.11 15.38
Retained earnings 23.04 15.59 10.27 4.14 35.94
Treasury stock, at cost -22.80 -16.71 -13.89 -0.47 -28.48
Accumulated other comprehensive loss -2.72 -3.10 -3.38 -3.52 -3.32
Shareholders’ equity 16.19% 13.73% 11.79% 17.70% 20.12%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

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).

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. Sherwin-Williams Co. current liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Sherwin-Williams Co. long-term liabilities as a percentage of total liabilities and shareholders’ equity decreased 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. Sherwin-Williams Co. total liabilities as a percentage of total liabilities and shareholders’ equity decreased from 2021 to 2022 and from 2022 to 2023.
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. Sherwin-Williams Co. shareholders’ equity as a percentage of total liabilities and shareholders’ equity increased from 2021 to 2022 and from 2022 to 2023.