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JC Penney Co Inc's other long-term assets for the quarter that ended in Jul. 2014 was $1,424 Mil.
JC Penney Co Inc's quarterly other long-term assets increased from Jan. 2014 ($814 Mil) to Apr. 2014 ($1,387 Mil) and increased from Apr. 2014 ($1,387 Mil) to Jul. 2014 ($1,424 Mil).
JC Penney Co Inc's annual other long-term assets declined from Jan. 2012 ($1,167 Mil) to Jan. 2013 ($158 Mil) but then increased from Jan. 2013 ($158 Mil) to Jan. 2014 ($814 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".
JC Penney Co Inc Annual Data
|Other Long-Term Assets||2,320||2,011||1,768||2,492||424||572||1,441||1,167||158||814|
JC Penney Co Inc Quarterly Data
|Other Long-Term Assets||1,231||923||767||158||750||820||780||814||1,387||1,424|