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Nexen, Inc.'s other long-term assets for the quarter that ended in Dec. 2012 was $743 Mil.
Nexen, Inc.'s quarterly other long-term assets increased from Jun. 2012 ($551 Mil) to Sep. 2012 ($592 Mil) and increased from Sep. 2012 ($592 Mil) to Dec. 2012 ($743 Mil).
Nexen, Inc.'s annual other long-term assets declined from Dec. 2010 ($1,962 Mil) to Dec. 2011 ($508 Mil) but then increased from Dec. 2011 ($508 Mil) to Dec. 2012 ($743 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".
Nexen, Inc. Annual Data
|Other Long-Term Assets||202||622||699||390||587||752||1,454||1,962||508||743|
Nexen, Inc. Quarterly Data
|Other Long-Term Assets||1,811||1,962||388||368||398||508||474||551||592||743|