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Newfield Exploration Co (NYSE:NFX)
Accumulated Depreciation
$-7,769 Mil (As of Jun. 2014)

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

Newfield Exploration Co's quarterly accumulated depreciation declined from Dec. 2013 ($-8,375 Mil) to Mar. 2014 ($-7,556 Mil) but then increased from Mar. 2014 ($-7,556 Mil) to Jun. 2014 ($-7,769 Mil).

Newfield Exploration Co's annual accumulated depreciation increased from Dec. 2011 ($-6,506 Mil) to Dec. 2012 ($-7,444 Mil) and increased from Dec. 2012 ($-7,444 Mil) to Dec. 2013 ($-8,375 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.

Newfield Exploration Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
AccumulatedDepreciation -2,133-2,632-3,234-3,899-4,591-5,159-5,791-6,506-7,444-8,375

Newfield Exploration Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
AccumulatedDepreciation -6,737-6,965-7,211-7,444-7,655-7,878-8,110-8,375-7,556-7,769
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