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Nike Inc (NYSE:NKE)
Accumulated Depreciation
$-3,341 Mil (As of May. 2015)

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. 2014 ($-3,523 Mil) to Feb. 2015 ($-3,539 Mil) but then declined from Feb. 2015 ($-3,539 Mil) to May. 2015 ($-3,341 Mil).

Nike Inc's annual accumulated depreciation increased from May. 2013 ($-3,048 Mil) to May. 2014 ($-3,386 Mil) but then declined from May. 2014 ($-3,386 Mil) to May. 2015 ($-3,341 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

May06May07May08May09May10May11May12May13May14May15
AccumulatedDepreciation -1,751-1,941-2,212-2,298-2,458-2,791-2,848-3,048-3,386-3,341

Nike Inc Quarterly Data

Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15May15
AccumulatedDepreciation -3,110-3,048-3,127-3,224-3,337-3,386-3,476-3,523-3,539-3,341
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