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U.S. Bancorp (NYSE:USB)
Construction In Progress
$0 Mil (As of Mar. 2014)

U.S. Bancorp's quarterly construction in progress increased from Sep. 2013 ($0 Mil) to Dec. 2013 ($24 Mil) but then declined from Dec. 2013 ($24 Mil) to Mar. 2014 ($0 Mil).

U.S. Bancorp's annual construction in progress declined from Dec. 2011 ($44 Mil) to Dec. 2012 ($42 Mil) and declined from Dec. 2012 ($42 Mil) to Dec. 2013 ($24 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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

U.S. Bancorp Annual Data

ConstructionInProgress 0000912150444224

U.S. Bancorp Quarterly Data

ConstructionInProgress 4400042000240
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