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McCormick & Company Inc (NYSE:MKC)
Other Long-Term Assets
$379 Mil (As of Aug. 2014)

McCormick & Company Inc's other long-term assets for the quarter that ended in Aug. 2014 was $379 Mil.

McCormick & Company Inc's quarterly other long-term assets declined from Feb. 2014 ($377 Mil) to May. 2014 ($371 Mil) but then increased from May. 2014 ($371 Mil) to Aug. 2014 ($379 Mil).

McCormick & Company Inc's annual other long-term assets increased from Nov. 2011 ($298 Mil) to Nov. 2012 ($314 Mil) and increased from Nov. 2012 ($314 Mil) to Nov. 2013 ($371 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.

McCormick & Company Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
Other Long-Term Assets 191200202230186211266298314371

McCormick & Company Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Other Long-Term Assets 298307314328330329371377371379
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