Berry Global Group (Berry Global Group) Long-Term Capital Lease Obligation : $537 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Berry Global Group Long-Term Capital Lease Obligation?

Berry Global Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $537 Mil.

Berry Global Group's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($512 Mil) to Sep. 2023 ($525 Mil) and increased from Sep. 2023 ($525 Mil) to Dec. 2023 ($537 Mil).

Berry Global Group's annual Long-Term Capital Lease Obligation declined from Sep. 2021 ($466 Mil) to Sep. 2022 ($429 Mil) but then increased from Sep. 2022 ($429 Mil) to Sep. 2023 ($525 Mil).

Berry Global Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Berry Global Group's Long-Term Capital Lease Obligation 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.

Berry Global Group Long-Term Capital Lease Obligation Chart

Berry Global Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

464.00

466.00

429.00

525.00

Berry Global Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															433.00	414.00	512.00	525.00	537.00

Berry Global Group (NYSE:BERY) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Berry Global Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Berry Global Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Berry Global Group (Berry Global Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Berry Global Group Inc (NYSE:BERY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

BP0:Germany

Address

101 Oakley Street, Evansville, IN, USA, 47710

Website

https://www.berryglobal.com

Berry global Group Inc is a leading global supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene, and specialties. The company primarily uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.

Executives

James Till	officer: EVP - Controller	C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Mark W Miles	officer: Executive Vice President	C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Carl J Rickertsen	director	MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jason K. Greene	officer: EVP - Chief Legal Officer	C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Evan Bayh	director	3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Kevin J. Kwilinski	director, officer: Chief Executive Officer	101 OAKLEY STREET, EVANSVILLE IN 47714
William J Norman	officer: President	C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY STREET, EVANSVILLE IN 47710
Michael Edward Hill	officer: President	C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Meredith Harper	director	101 OAKLEY STREET, EVANSVILLE IN 47710
Peter T Thomas	director	1000 LAKESIDE AVENUE, CLEVELAND OH 44114
Chaney Sheffield	director	C/O CANYON PARTNERS, LLC, 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Tom Salmon	officer: Executive Vice President	C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Curt Begle	officer: Executive Vice President	C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Jill A Rahman	director	101 OAKLEY STREET, EVANSVILLE IN 47710
Paula A Sneed	director	THREE LAKES DRIVE, NORTHFIELD IL 60093