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ConocoPhillips (NYSE:COP)
Other Long-Term Assets
$27,388 Mil (As of Jun. 2014)

ConocoPhillips's other long-term assets for the quarter that ended in Jun. 2014 was $27,388 Mil.

ConocoPhillips's quarterly other long-term assets declined from Dec. 2013 ($26,207 Mil) to Mar. 2014 ($25,600 Mil) but then increased from Mar. 2014 ($25,600 Mil) to Jun. 2014 ($27,388 Mil).

ConocoPhillips's annual other long-term assets declined from Dec. 2011 ($34,755 Mil) to Dec. 2012 ($25,892 Mil) but then increased from Dec. 2012 ($25,892 Mil) to Dec. 2013 ($26,207 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.

ConocoPhillips Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Other Long-Term Assets 10,85216,27921,07533,78733,45138,80234,66634,75525,89226,207

ConocoPhillips Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Other Long-Term Assets 36,18425,85825,96625,89225,65524,90726,07426,20725,60027,388
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