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GuruFocus has detected 2 Warning Signs with ConocoPhillips $COP.
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ConocoPhillips (NYSE:COP)
Accumulated Depreciation
$-66,400 Mil (As of Mar. 2017)

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

ConocoPhillips's quarterly accumulated depreciation increased from Sep. 2016 ($-72,984 Mil) to Dec. 2016 ($-73,075 Mil) but then declined from Dec. 2016 ($-73,075 Mil) to Mar. 2017 ($-66,400 Mil).

ConocoPhillips's annual accumulated depreciation declined from Dec. 2014 ($-70,786 Mil) to Dec. 2015 ($-70,413 Mil) but then increased from Dec. 2015 ($-70,413 Mil) to Dec. 2016 ($-73,075 Mil).


The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Related Terms

Property, Plant and Equipment, Gross Property, Plant and Equipment

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

ConocoPhillips Annual Data

AccumulatedDepreciation -36,358-42,497-53,534-60,671-65,029-58,916-65,321-70,786-70,413-73,075

ConocoPhillips Quarterly Data

AccumulatedDepreciation -70,786-70,256-73,854-74,420-70,413-73,521-74,243-72,984-73,075-66,400
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