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Plains Exploration & Production Company (NYSE:PXP)
Other Long-Term Assets
$186 Mil (As of Mar. 2013)

Plains Exploration & Production Company's other long-term assets for the quarter that ended in Mar. 2013 was $186 Mil.

Plains Exploration & Production Company's quarterly other long-term assets increased from Sep. 2012 ($672 Mil) to Dec. 2012 ($1,013 Mil) but then declined from Dec. 2012 ($1,013 Mil) to Mar. 2013 ($186 Mil).

Plains Exploration & Production Company's annual other long-term assets declined from Dec. 2010 ($736 Mil) to Dec. 2011 ($90 Mil) but then increased from Dec. 2011 ($90 Mil) to Dec. 2012 ($1,013 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.

Plains Exploration & Production Company Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
Other Long-Term Assets 2034391210458760736901,013

Plains Exploration & Production Company Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
Other Long-Term Assets 73680885146990991396721,013186
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