Otis Worldwide Other Non-Current Liabilities increased by 1.2% to $333.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.7%, from $386.00M to $333.00M. Over 5 years (FY 2020 to FY 2025), Other Non-Current Liabilities shows a downward trend with a -12.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may indicate rising long-term operational risks or deferred tax burdens, while a decrease suggests the settlement of these obligations.
This represents miscellaneous long-term obligations that do not fit into standard categories like long-term debt or pens...
Peers in the medical device and pharmaceutical sectors often hold similar balances related to deferred tax liabilities and long-term environmental or legal accruals.
other_non_current_liabilities| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $624.00M | $611.00M | $606.00M | $606.00M | $584.00M | $550.00M | $556.00M | $546.00M | $501.00M | $488.00M | $493.00M | $452.00M | $388.00M | $385.00M | $383.00M | $386.00M | $339.00M | $328.00M | $329.00M | $333.00M |
| QoQ Change | — | -2.1% | -0.8% | +0.0% | -3.6% | -5.8% | +1.1% | -1.8% | -8.2% | -2.6% | +1.0% | -8.3% | -14.2% | -0.8% | -0.5% | +0.8% | -12.2% | -3.2% | +0.3% | +1.2% |
| YoY Change | — | — | — | — | -6.4% | -10.0% | -8.3% | -9.9% | -14.2% | -11.3% | -11.3% | -17.2% | -22.6% | -21.1% | -22.3% | -14.6% | -12.6% | -14.8% | -14.1% | -13.7% |