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Nike Inc (NYSE:NKE)
Buildings And Improvements
$1,467 Mil (As of May. 2016)

Nike Inc's quarterly buildings and improvements stayed the same from Nov. 2015 ($0 Mil) to Feb. 2016 ($0 Mil) but then increased from Feb. 2016 ($0 Mil) to May. 2016 ($1,467 Mil).

Nike Inc's annual buildings and improvements declined from May. 2014 ($1,261 Mil) to May. 2015 ($1,250 Mil) but then increased from May. 2015 ($1,250 Mil) to May. 2016 ($1,467 Mil).


Definition

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.


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

May07May08May09May10May11May12May13May14May15May16
BuildingsAndImprovements 1,5141,6929749521,1241,1581,1741,2611,2501,467

Nike Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
BuildingsAndImprovements 01,2610001,2500001,467
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