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National Oilwell Varco Inc (NYSE:NOV)
Other Long-Term Assets
$914 Mil (As of Sep. 2014)

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).


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.

National Oilwell Varco Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Other Long-Term Assets 767482105620557782736946877

National Oilwell Varco Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Other Long-Term Assets 6908069469438608698771,004936914
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