Consolidation · Liabilities
Consolidation Eliminations — Liabilities
S&P Global Consolidation Eliminations — Liabilities decreased by 1.8% to $24.59B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $22.16B to $24.59B. Over 5 years (FY 2020 to FY 2025), Consolidation Eliminations — Liabilities shows an upward trend with a 22.2% CAGR.
Analysis
StatementSegment
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026
Rolls up toTotal Liabilities
How to read this metric
Changes reflect shifts in the volume or structure of intercompany financing arrangements rather than changes in external leverage.
Detailed definition
This represents the accounting adjustments made to remove intercompany liabilities during the consolidation of financial...
Peer comparison
Standard across all large multinational corporations with complex subsidiary structures.
Metric ID:
spgi_segment_consolidation_eliminations_liabilitiesHistorical Data
20 periods
| 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 | $8.96B | $9.01B | $9.49B | $22.88B | $21.52B | $21.41B | $22.04B | $22.25B | $21.63B | $21.54B | $22.49B | $22.23B | $21.97B | $21.98B | $22.71B | $22.16B | $22.43B | $22.05B | $25.05B | $24.59B |
| QoQ Change | — | +0.5% | +5.3% | +141.1% | -5.9% | -0.5% | +2.9% | +1.0% | -2.8% | -0.4% | +4.4% | -1.2% | -1.2% | +0.0% | +3.3% | -2.4% | +1.2% | -1.7% | +13.6% | -1.8% |
| YoY Change | — | — | — | — | +140.2% | +137.7% | +132.2% | -2.8% | +0.5% | +0.6% | +2.0% | -0.1% | +1.6% | +2.0% | +1.0% | -0.3% | +2.1% | +0.3% | +10.3% | +10.9% |
Range$8.96B – $25.05B
CAGR+23.7%
Avg YoY Growth+27.4%
Median YoY Growth+1.8%
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Frequently Asked Questions
- What is S&P Global's consolidation eliminations — liabilities?
- S&P Global (SPGI) reported consolidation eliminations — liabilities of $24.59B in Q1 2026.
- How has S&P Global's consolidation eliminations — liabilities changed year-over-year?
- S&P Global's consolidation eliminations — liabilities increased by 10.9% year-over-year, from $22.16B to $24.59B.
- What is the long-term trend for S&P Global's consolidation eliminations — liabilities?
- Over 5 years (2020 to 2025), S&P Global's consolidation eliminations — liabilities has grown at a 22.2% compound annual growth rate (CAGR), from $9.19B to $25.05B.
- What does consolidation eliminations — liabilities mean?
- The total value of intercompany liabilities removed during the consolidation process to prevent double-counting.