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Wells Fargo & Co (NYSE:WFC)
Accumulated Depreciation
$0 Mil (As of Mar. 2014)

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

Wells Fargo & Co's quarterly accumulated depreciation increased from Sep. 2013 ($0 Mil) to Dec. 2013 ($-10,072 Mil) but then declined from Dec. 2013 ($-10,072 Mil) to Mar. 2014 ($0 Mil).

Wells Fargo & Co's annual accumulated depreciation declined from Dec. 2011 ($-8,802 Mil) to Dec. 2012 ($0 Mil) but then increased from Dec. 2012 ($0 Mil) to Dec. 2013 ($-10,072 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.

Wells Fargo & Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
AccumulatedDepreciation 00000-7,312-8,141-8,8020-10,072

Wells Fargo & Co Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
AccumulatedDepreciation -8,802000-9,229000-10,0720
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