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ConocoPhillips (NYSE:COP)
Accumulated Depreciation
$-73,521 Mil (As of Mar. 2016)

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

ConocoPhillips's quarterly accumulated depreciation declined from Sep. 2015 ($-74,420 Mil) to Dec. 2015 ($-70,413 Mil) but then increased from Dec. 2015 ($-70,413 Mil) to Mar. 2016 ($-73,521 Mil).

ConocoPhillips's annual accumulated depreciation increased from Dec. 2013 ($-65,321 Mil) to Dec. 2014 ($-70,786 Mil) but then declined from Dec. 2014 ($-70,786 Mil) to Dec. 2015 ($-70,413 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 own currency.

ConocoPhillips Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
AccumulatedDepreciation -27,071-36,358-42,497-53,534-60,671-65,029-58,916-65,321-70,786-70,413

ConocoPhillips Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
AccumulatedDepreciation -65,321-66,890-69,511-70,117-70,786-70,256-73,854-74,420-70,413-73,521
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