Meta Platforms (Meta Platforms) Buildings And Improvements

: $37,961 Mil (As of Dec. 2023)

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Meta Platforms's quarterly buildings and improvements increased from Jun. 2023 ($32,446 Mil) to Sep. 2023 ($35,422 Mil) and increased from Sep. 2023 ($35,422 Mil) to Dec. 2023 ($37,961 Mil).

Meta Platforms's annual buildings and improvements increased from Dec. 2021 ($22,531 Mil) to Dec. 2022 ($27,720 Mil) and increased from Dec. 2022 ($27,720 Mil) to Dec. 2023 ($37,961 Mil).

Meta Platforms Buildings And Improvements Historical Data

The historical data trend for Meta Platforms's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Meta Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

11,226.00

17,360.00

22,531.00

27,720.00

37,961.00

Meta Platforms Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements																27,720.00	30,882.00	32,446.00	35,422.00	37,961.00

Meta Platforms Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Meta Platforms (Meta Platforms) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (NAS:META) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

META:Peru META:Mexico FB:Italy FB2Ad:UK 0QZI:UK FB2A:Germany FB20:Germany FB2A:Germany FB2A:Germany FB2A:Germany METACL:Chile META:Canada M1TA34:Brazil META:Austria

Address

1601 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.facebook.com

Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Executives

Mark Zuckerberg	director, 10 percent owner, officer: COB and CEO	C/O META PLATFORMS, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Jennifer Newstead	officer: VP and General Counsel	C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Christopher K Cox	officer: Chief Product Officer	C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Javier Olivan	officer: Chief Operating Officer	62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Nicholas Clegg	officer: President, Global Affairs	C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Andrew Bosworth	officer: Chief Technology Officer	C/O META PLATFORMS INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Susan J Li	officer: Chief Financial Officer	ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Aaron Anderson	officer: Chief Accounting Officer	C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Taylor Susan J.s.	officer: Chief Accounting Officer	C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Marne L. Levine	officer: Chief Business Officer	C/O CHEGG, INC., 3990 FREEDOM CIRCLE, SANTA CLARA CA 95054
David M. Wehner	officer: Chief Financial Officer	C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Tony Xu	director	C/O DOORDASH, INC., 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
David B. Fischer	officer: Chief Revenue Officer	C/O FACEBOOK, INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Michael Todd Schroepfer	officer: Chief Technology Officer	C/O FACEBOOK INC., 1601 WILLOW ROAD, MENLO PARK CA 94025
Marc L Andreessen	director	C/O ARNOLD & PORTER LLP, 3 EMBARCADERO CENTER 7TH FLOOR, SAN FRANCISCO CA 94111