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Current liabilities have fluctuated significantly as well, although the company maintains no short-term debt.
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States show current contributions as expense, not billion dollar liabilities (money owed), and worst yet, most states use ludicrous actuarial assumptions to estimate the returns on pension funds.
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This makes it difficult, if not impossible, under the current rules, for any federal agency to consider tax liabilities as part of its own criteria for grants and contracts.
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Liquidity for major non-financial corporations has never been better as measured by the high ratio of liquid assets to current liabilities.
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The liabilities of Social Security, as we know it, for current recipients and those about to receive benefits, can be amortized over 40 years.
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