Probable future sacrifices of economic benefits arising from present obligations of a particular entity to transfer assets or provide services to other entities in the future as a result of past transactions or events. (SFAC 6, CON 6)

Liabilities = Current Liabilities + Noncurrent Liabilities

Maps to US GAAP XBRL Taxonomy concepts:
  • us-gaap:Liabilities

Maps to IFRS XBRL Taxonomy concepts:
  • ifrs:Liabilities