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Pentair PLC (NYSE:PNR)
Buildings And Improvements
$511 Mil (As of Mar. 2016)

Pentair PLC's quarterly buildings and improvements increased from Sep. 2015 ($507 Mil) to Dec. 2015 ($519 Mil) but then declined from Dec. 2015 ($519 Mil) to Mar. 2016 ($511 Mil).

Pentair PLC's annual buildings and improvements declined from Dec. 2013 ($503 Mil) to Dec. 2014 ($494 Mil) but then increased from Dec. 2014 ($494 Mil) to Dec. 2015 ($519 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.

Pentair PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
BuildingsAndImprovements 181210205213212244474503494519

Pentair PLC Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
BuildingsAndImprovements 503523525506494476483507519511
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