Stock Analysis on Net
Stock Analysis on Net

United States Steel Corp. (NYSE:X)

This company has been moved to the archive! The financial data has not been updated since July 28, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

United States Steel Corp., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

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Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Accounts payable and other accrued liabilities 14.48 15.37 14.77 15.61 16.26 16.50 15.77 16.56 16.63 16.35 14.75 13.07 11.03 16.44 16.97 19.58 22.12 21.77 22.35 22.89 22.26 20.72
Accounts payable to related parties 0.85 0.88 0.73 0.82 0.79 0.89 0.56 0.75 0.90 0.86 0.87 0.96 0.59 0.81 0.72 1.02 1.04 1.07 0.74 1.00 0.91 0.97
Accounts payable and other accrued liabilities 15.32% 16.25% 15.50% 16.43% 17.05% 17.39% 16.32% 17.31% 17.53% 17.21% 15.62% 14.03% 11.62% 17.25% 17.69% 20.60% 23.16% 22.84% 23.08% 23.89% 23.18% 21.68%
Payroll and benefits payable 2.25 1.99 2.53 2.42 2.46 2.12 2.39 3.13 2.64 1.94 2.55 2.66 2.82 2.63 2.89 3.16 2.96 2.99 4.01 4.02 3.84 3.25
Accrued taxes 1.41 1.37 1.39 1.23 2.63 2.56 2.05 1.82 1.29 1.14 1.28 0.93 0.92 0.95 1.00 0.98 0.98 1.03 1.07 1.36 1.34 1.31
Accrued interest 0.34 0.24 0.34 0.23 0.33 0.24 0.38 0.30 0.62 0.41 0.49 0.63 0.48 0.34 0.39 0.24 0.35 0.23 0.36 0.36 0.46 0.47
Current operating lease liabilities 0.24 0.25 0.25 0.26 0.27 0.29 0.33 0.35 0.35 0.39 0.49 0.51 0.46 0.49 0.52 0.51 0.48 0.48 0.00 0.00 0.00 0.00
Short-term debt and current maturities of long-term debt 0.48 0.47 0.32 0.30 0.27 0.31 0.16 0.35 4.74 0.31 1.59 2.23 0.75 0.80 0.12 0.61 0.62 0.59 0.59 0.04 0.04 2.80
Liabilities held for sale 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Current liabilities 20.05% 20.55% 20.35% 20.85% 23.00% 22.91% 21.62% 23.25% 27.67% 21.40% 22.03% 21.00% 17.06% 22.46% 22.61% 26.11% 28.54% 28.16% 29.11% 29.67% 28.85% 29.51%
Noncurrent operating lease liabilities 0.44 0.49 0.54 0.56 0.60 0.66 0.76 0.85 0.90 1.10 1.35 1.48 1.47 1.56 1.52 1.73 1.67 1.66 0.00 0.00 0.00 0.00
Long-term debt, less unamortized discount and debt issuance costs, excluding current maturities 20.45 19.96 20.12 19.36 19.48 20.38 21.68 24.65 29.86 39.40 38.93 39.45 43.86 37.33 31.25 22.90 20.77 20.86 21.09 23.64 25.26 25.64
Employee benefits 0.68 0.75 1.07 1.02 1.04 1.01 1.32 1.17 1.29 1.96 2.67 4.63 4.49 4.72 4.58 8.29 8.20 8.55 8.92 6.30 6.88 7.26
Deferred income tax liabilities 2.84 2.45 2.34 2.95 1.51 1.12 0.68 1.15 0.29 0.37 0.09 0.05 0.05 0.05 0.03 0.07 0.16 0.11 0.13 0.07 0.06 0.06
Deferred credits and other noncurrent liabilities 2.27 2.60 2.59 2.50 2.55 2.98 2.83 2.73 3.03 3.64 2.76 3.52 3.96 3.75 4.74 2.43 2.47 2.68 2.48 3.03 3.09 3.22
Noncurrent liabilities 26.68% 26.25% 26.66% 26.39% 25.17% 26.15% 27.28% 30.55% 35.38% 46.46% 45.81% 49.13% 53.83% 47.41% 42.13% 35.42% 33.27% 33.86% 32.62% 33.03% 35.30% 36.19%
Total liabilities 46.73% 46.80% 47.01% 47.24% 48.18% 49.07% 48.91% 53.80% 63.05% 67.87% 67.83% 70.13% 70.89% 69.87% 64.74% 61.53% 61.81% 62.02% 61.73% 62.70% 64.15% 65.70%
Common stock issued 1.40 1.46 1.45 1.41 1.42 1.47 1.57 1.61 1.73 1.90 1.90 1.95 1.82 1.45 1.54 1.64 1.59 1.60 1.61 1.67 1.76 1.77
Treasury stock, at cost -6.78 -6.66 -6.19 -5.28 -4.42 -2.48 -1.87 -1.06 -1.14 -1.24 -1.45 -1.49 -1.39 -1.42 -1.49 -1.58 -1.37 -1.13 -0.71 -0.03 -0.01 -0.01
Additional paid-in capital 25.69 26.64 26.69 25.95 26.01 26.77 29.18 29.91 32.13 35.07 36.50 37.49 34.99 32.54 34.63 36.15 34.86 35.19 35.67 36.99 38.78 38.85
Retained earnings (accumulated deficit) 32.91 31.82 30.99 29.40 27.14 23.02 19.84 14.31 2.98 -3.62 -5.17 -5.72 -3.49 1.22 4.69 11.18 11.64 11.25 11.04 5.95 3.45 1.42
Accumulated other comprehensive income (loss) -0.42 -0.53 -0.44 0.82 1.19 1.67 1.86 0.90 0.67 -0.61 -0.39 -2.83 -3.11 -3.67 -4.12 -8.93 -8.53 -8.93 -9.34 -7.29 -8.13 -7.73
Total United States Steel Corporation stockholders’ equity 52.81% 52.72% 52.51% 52.29% 51.35% 50.45% 50.57% 45.67% 36.38% 31.50% 31.40% 29.40% 28.82% 30.12% 35.25% 38.46% 38.18% 37.98% 38.26% 37.29% 35.84% 34.29%
Noncontrolling interests 0.46 0.48 0.48 0.47 0.47 0.48 0.52 0.53 0.57 0.63 0.77 0.47 0.29 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Stockholders’ equity 53.27% 53.20% 52.99% 52.76% 51.82% 50.93% 51.09% 46.20% 36.95% 32.13% 32.17% 29.87% 29.11% 30.13% 35.26% 38.47% 38.19% 37.98% 38.27% 37.30% 35.85% 34.30%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

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. United States Steel Corp. current liabilities as a percentage of total liabilities and stockholders’ equity increased from Q4 2022 to Q1 2023 but then decreased significantly from Q1 2023 to Q2 2023.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. United States Steel Corp. noncurrent liabilities as a percentage of total liabilities and stockholders’ equity decreased from Q4 2022 to Q1 2023 but then increased from Q1 2023 to Q2 2023 exceeding Q4 2022 level.
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. United States Steel Corp. total liabilities as a percentage of total liabilities and stockholders’ equity decreased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Total United States Steel Corporation 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. United States Steel Corp. total United States Steel Corporation stockholders’ equity as a percentage of total liabilities and stockholders’ equity increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.