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ConocoPhillips (NYSE:COP)
Accumulated Depreciation
$-72,984 Mil (As of Sep. 2016)

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

ConocoPhillips's quarterly accumulated depreciation increased from Mar. 2016 ($-73,521 Mil) to Jun. 2016 ($-74,243 Mil) but then declined from Jun. 2016 ($-74,243 Mil) to Sep. 2016 ($-72,984 Mil).

ConocoPhillips's annual accumulated depreciation increased from Dec. 2013 ($-65,321 Mil) to Dec. 2014 ($-70,786 Mil) and increased from Dec. 2014 ($-70,786 Mil) to Dec. 2015 ($-73,521 Mil).


Definition

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.


Related Terms

Property, Plant and Equipment, Gross Property, Plant and Equipment


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

ConocoPhillips Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
AccumulatedDepreciation -27,071-36,358-42,497-53,534-60,671-65,029-58,916-65,321-70,786-73,521

ConocoPhillips Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
AccumulatedDepreciation -69,511-70,117-70,786-70,256-73,854-74,420-73,521-73,521-74,243-72,984
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