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WABCO Holdings (WABCO Holdings) Gross Property, Plant and Equipment : $668 Mil (As of Mar. 2020)


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What is WABCO Holdings Gross Property, Plant and Equipment?

WABCO Holdings's quarterly gross PPE increased from Sep. 2019 ($663 Mil) to Dec. 2019 ($1,507 Mil) but then declined from Dec. 2019 ($1,507 Mil) to Mar. 2020 ($668 Mil).

WABCO Holdings's annual gross PPE increased from Dec. 2017 ($1,318 Mil) to Dec. 2018 ($1,377 Mil) and increased from Dec. 2018 ($1,377 Mil) to Dec. 2019 ($1,507 Mil).


WABCO Holdings Gross Property, Plant and Equipment Historical Data

The historical data trend for WABCO Holdings's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WABCO Holdings Gross Property, Plant and Equipment Chart

WABCO Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,035.00 1,067.80 1,318.30 1,376.80 1,506.70

WABCO Holdings Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 672.90 674.00 663.10 1,506.70 668.10

WABCO Holdings Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


WABCO Holdings  (NYSE:WBC) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


WABCO Holdings Gross Property, Plant and Equipment Related Terms

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WABCO Holdings (WABCO Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1220 Pacific Drive, Auburn Hills, MI, USA, 48326-3511
WABCO Holdings Inc is a producer of car and truck safety and efficiency technologies. The product lineup includes driver assistance systems, brake and stability control systems, brake chambers, suspensions, emission control systems, and fleet management systems. The products are developed for cars, busses, trailers, trucks, and utility vehicles. The majority of revenue is generated in Germany and the United States of America.
Executives
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Sean Deason officer: CFO and Controller C/O WABCO HOLDINGS INC., 2770 RESEARCH DRIVE, ROCHESTER HILLS MI 48309
Thomas Gross director DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006
G Peter Daloia director
Henry R. Keizer director MONTPELIER HOUSE, 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
David Nicholas Reilly director 300 RENAISSANCE CENTER, M/C: 482-C32-C66, DETROIT MI 48265-3000
Jacques Esculier officer: CHIEF EXECUTIVE OFFICER C/O AMERICAN STANDARD COMPANIES INC, ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Montupet Jean Paul L director PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
Mary L Petrovich director
Prashanth Mahendra-rajah officer: Chief Financial Officer C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Nikhil M Varty officer: President, Americas & VP, M&A CHAUSEE DE WAVRE, 1789 CARE OF WABCO VEHICLE CONTROL SYSTEMS BRUSSELS C9 1160
Donald J Stebbins director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
John F Fiedler director 200 SOUTH MICHIGAN AVE, CHICAGO IL 60604
Ulrich Michel officer: Senior Vice President and CFO CHAUSEE DE WAVRE, 1789, CARE OF WABCO HOLDINGS INC, BRUSSELS C9 1160
Christopher Anthony Harrison officer: Chief Human Resources Officer 505 HUNTMAR PARK DR, SUITE 300, HERNDON VA 20170

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