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Pentair PLC's quarterly construction in progress increased from Sep. 2015 ($75 Mil) to Dec. 2015 ($79 Mil) and increased from Dec. 2015 ($79 Mil) to Mar. 2016 ($89 Mil).
Pentair PLC's annual construction in progress increased from Dec. 2013 ($71 Mil) to Dec. 2014 ($71 Mil) and increased from Dec. 2014 ($71 Mil) to Dec. 2015 ($79 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.
Pentair PLC Annual Data
Pentair PLC Quarterly Data