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National Oilwell Varco Inc's other long-term assets for the quarter that ended in Sep. 2014 was $914 Mil.
National Oilwell Varco Inc's quarterly other long-term assets declined from Mar. 2014 ($1,004 Mil) to Jun. 2014 ($936 Mil) and declined from Jun. 2014 ($936 Mil) to Sep. 2014 ($914 Mil).
National Oilwell Varco Inc's annual other long-term assets increased from Dec. 2011 ($736 Mil) to Dec. 2012 ($946 Mil) but then declined from Dec. 2012 ($946 Mil) to Dec. 2013 ($877 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".
National Oilwell Varco Inc Annual Data
|Other Long-Term Assets||76||74||82||105||620||557||782||736||946||877|
National Oilwell Varco Inc Quarterly Data
|Other Long-Term Assets||690||806||946||943||860||869||877||1,004||936||914|