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Norfolk Southern Corp's other long-term assets for the quarter that ended in Sep. 2014 was $2,964 Mil.
Norfolk Southern Corp's quarterly other long-term assets increased from Mar. 2014 ($2,802 Mil) to Jun. 2014 ($2,847 Mil) and increased from Jun. 2014 ($2,847 Mil) to Sep. 2014 ($2,964 Mil).
Norfolk Southern Corp's annual other long-term assets increased from Dec. 2011 ($2,318 Mil) to Dec. 2012 ($2,364 Mil) and increased from Dec. 2012 ($2,364 Mil) to Dec. 2013 ($2,763 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".
Norfolk Southern Corp Annual Data
|Other Long-Term Assets||2,257||2,474||2,530||2,886||2,051||2,480||2,497||2,318||2,364||2,763|
Norfolk Southern Corp Quarterly Data
|Other Long-Term Assets||2,339||2,381||2,364||2,406||2,429||2,458||2,763||2,802||2,847||2,964|