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GlaxoSmithKline (GSK)

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55.14 -0.15  -0.28% NYSE Apr 23, 3:42PM BATS Real time Currency in USD

GlaxoSmithKline Total Liabilities (Quarterly):

57.83B for Dec. 31, 2013

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GlaxoSmithKline Total Liabilities (Quarterly) Chart

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GlaxoSmithKline Historical Total Liabilities (Quarterly) Data

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Data for this Date Range  
Dec. 31, 2013 57.83B
Sept. 30, 2013 56.35B
June 30, 2013 54.39B
March 31, 2013 55.01B
Dec. 31, 2012 57.50B
Sept. 30, 2012 55.57B
June 30, 2012 54.94B
March 31, 2012 51.11B
Dec. 31, 2011 50.95B
Sept. 30, 2011 52.91B
June 30, 2011 53.40B
March 31, 2011 53.64B
Dec. 31, 2010 51.69B
Sept. 30, 2010 51.90B
June 30, 2010 51.61B
March 31, 2010 51.08B
Dec. 31, 2009 52.82B
Sept. 30, 2009 51.37B
June 30, 2009 46.80B
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About Total Liabilities

Liabilities are obligations of a company arising from past transactions or events which are expected to reduce assets when they are settled.

Note : This is a simple term, but fairly complex topic. A company's balance sheet is made up of three components : Assets, Liabilities, and Shareholder's Equity. Assets are equivalent to the sum of liabilities and shareholder's equity.

Let's say a company sells computers. The assets would be the machinery, the plant, the inventory, etc. the company. However, the value of these assets belong to who funded the company. Is the company backed by obligations/debt (loans from a bank, inventory from a supplier)? or ... The founder / common public's (shareholder's equity)? Most likely, a combination of both.

Simply, liabilities are the part of a company's assets that it has yet to repay back.
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GSK Total Liabilities (Quarterly) Benchmarks

Companies
AstraZeneca 32.68B
Johnson & Johnson 58.63B
Eli Lilly and 17.62B

GSK Total Liabilities (Quarterly) Range, Past 5 Years

Minimum 46.80B Jun 2009
Maximum 57.83B Dec 2013
Average 53.20B
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