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Bank of America Corporation's other long-term assets for the quarter that ended in Jun. 2014 was $2,081,135 Mil.
Bank of America Corporation's quarterly other long-term assets increased from Dec. 2013 ($2,011,328 Mil) to Mar. 2014 ($2,059,556 Mil) and increased from Mar. 2014 ($2,059,556 Mil) to Jun. 2014 ($2,081,135 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).
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".
Bank of America Corporation Annual Data
|Other Long-Term Assets||1,053,791||1,232,663||1,375,398||1,616,680||1,701,257||2,089,685||2,151,642||2,029,911||2,115,605||2,011,328|
Bank of America Corporation Quarterly Data
|Other Long-Term Assets||2,065,010||2,071,478||2,115,605||2,081,529||2,030,611||2,035,148||2,011,328||2,059,556||2,081,135||2,034,750|