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Seagate Technology PLC's annual construction in progress increased from Jun. 2011 ($163 Mil) to Jun. 2012 ($263 Mil) but then declined from Jun. 2012 ($263 Mil) to Jun. 2013 ($261 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.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Seagate Technology PLC Annual Data
Seagate Technology PLC Quarterly Data