Operating lease liabilities, noncurrent
Operating lease obligations due beyond one year.
Worked example · a round-number company
Operating lease liabilities, noncurrent$1.0B÷Total assets$10.0B=Share of assets10.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↕Neither higher nor lower is better. Shows longer-term lease commitments recorded on the balance sheet.
Keep in mind
- Excluded from the borrowings total and not the full undiscounted contractual payment schedule.