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Nike Inc (NYSE:NKE)
Accumulated Depreciation
$-3,386 Mil (As of May. 2014)

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

Nike Inc's quarterly accumulated depreciation increased from Nov. 2013 ($-3,224 Mil) to Feb. 2014 ($-3,337 Mil) and increased from Feb. 2014 ($-3,337 Mil) to May. 2014 ($-3,386 Mil).

Nike Inc's annual accumulated depreciation increased from May. 2012 ($-2,848 Mil) to May. 2013 ($-3,048 Mil) and increased from May. 2013 ($-3,048 Mil) to May. 2014 ($-3,386 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.

Nike Inc Annual Data

May05May06May07May08May09May10May11May12May13May14
AccumulatedDepreciation -1,573-1,751-1,941-2,212-2,298-2,458-2,791-2,848-3,048-3,386

Nike Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
AccumulatedDepreciation -2,967-2,848-3,068-3,052-3,110-3,048-3,127-3,224-3,337-3,386
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