Dollar Amounts
USD (Millions)
Balance sheet data in USD (millions)
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Over the 2021–2024 period the company’s total assets peaked at $18,496m in 2022 and then declined to about $15,628m in 2024 (≈15.5% drop from the 2022 high; ≈13% down from 2021). Total liabilities fell more steadily and materially from $14,884m in 2021 to $11,853m in 2024 (≈20% decline). Stockholders’ equity rose from $3,112m in 2021 to $3,941m in 2022, dipped to $3,175m in 2023, and recovered to $3,775m in 2024. The implied balance-sheet ratios show improving solvency: liabilities/assets declined from ~83% in 2021 to ~76% in 2024, while equity/assets increased from ~17% to ~24%. Taken together, the trend indicates a deliberate net deleveraging and a stronger capital base despite a smaller asset footprint. The 2023 dip in equity suggests a one‑off hit or cyclical pressure that was largely reversed by 2024; possible drivers in a consumer-packaged-goods context include asset sales, inventory reductions, cost/headcount actions, or debt paydowns rather than organic asset growth. Note the 2025 row contains zeros (no reported balances); to judge sustainability you should review cash‑flow statements, transaction footnotes (divestitures, impairment, or debt repayments) and management commentary for the year(s) in question.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.