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Bank of America Corporation (NYSE:BAC)
Other Long-Term Assets
$2,034,750 Mil (As of Sep. 2014)

Bank of America Corporation's other long-term assets for the quarter that ended in Sep. 2014 was $2,034,750 Mil.

Bank of America Corporation's quarterly other long-term assets increased from Mar. 2014 ($2,059,556 Mil) to Jun. 2014 ($2,081,135 Mil) but then declined from Jun. 2014 ($2,081,135 Mil) to Sep. 2014 ($2,034,750 Mil).

Bank of America Corporation's annual other long-term assets increased from Dec. 2011 ($2,029,911 Mil) to Dec. 2012 ($2,115,605 Mil) but then declined from Dec. 2012 ($2,115,605 Mil) to Dec. 2013 ($2,011,328 Mil).


Definition

Assets are presented on the balance sheet in order of their liquidity. If a company expects to sell or otherwise recognize the economic value of an asset within one year, the asset is generally classified as a current asset on the balance sheet. Cash on hand is a common current asset.

A long-term asset is an asset that a company expects to sell or otherwise recognize the economic value of after more than one year. Property, plant and equipment, and intangible assets are common long-term assets. Except those two items and current assets, the others we treated as "Other Long Term Assets".


Historical Data

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

Bank of America Corporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Other Long-Term Assets 1,053,7911,232,6631,375,3981,613,3331,701,2572,096,6182,151,6422,029,9112,115,6052,011,328

Bank of America Corporation Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Other Long-Term Assets 2,065,0102,071,4782,115,6052,081,5292,030,6112,035,1482,011,3282,059,5562,081,1352,034,750
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