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Nexen, Inc. (NYSE:NXY)
Other Long-Term Assets
$743 Mil (As of Dec. 2012)

Nexen, Inc.'s other long-term assets for the quarter that ended in Dec. 2012 was $743 Mil.

Nexen, Inc.'s quarterly other long-term assets increased from Jun. 2012 ($551 Mil) to Sep. 2012 ($592 Mil) and increased from Sep. 2012 ($592 Mil) to Dec. 2012 ($743 Mil).

Nexen, Inc.'s annual other long-term assets declined from Dec. 2010 ($1,962 Mil) to Dec. 2011 ($508 Mil) but then increased from Dec. 2011 ($508 Mil) to Dec. 2012 ($743 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.

Nexen, Inc. Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
Other Long-Term Assets 2026226993905877521,4541,962508743

Nexen, Inc. Quarterly Data

Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12
Other Long-Term Assets 1,8111,962388368398508474551592743
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