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JC Penney Co Inc (NYSE:JCP)
Other Long-Term Assets
$1,424 Mil (As of Jul. 2014)

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).


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.

JC Penney Co Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
Other Long-Term Assets 2,3202,0111,7682,4924245721,4411,167158814

JC Penney Co Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
Other Long-Term Assets 1,2319237671587508207808141,3871,424
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