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Avery Dennison Corp's quarterly construction in progress declined from Dec. 2013 ($74 Mil) to Mar. 2014 ($0 Mil) but then stayed the same from Mar. 2014 ($0 Mil) to Jun. 2014 ($0 Mil).
Avery Dennison Corp's annual construction in progress increased from Dec. 2011 ($41 Mil) to Dec. 2012 ($64 Mil) and increased from Dec. 2012 ($64 Mil) to Dec. 2013 ($74 Mil).
It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.
Avery Dennison Corp Annual Data
Avery Dennison Corp Quarterly Data