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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Buildings And Improvements

: $0 Mil (As of Mar. 2024)
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Telefonaktiebolaget L M Ericsson's quarterly buildings and improvements increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($715 Mil) but then declined from Dec. 2023 ($715 Mil) to Mar. 2024 ($0 Mil).

Telefonaktiebolaget L M Ericsson's annual buildings and improvements declined from Dec. 2021 ($764 Mil) to Dec. 2022 ($725 Mil) and declined from Dec. 2022 ($725 Mil) to Dec. 2023 ($715 Mil).


Telefonaktiebolaget L M Ericsson Buildings And Improvements Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 716.15 [6] => 777.58 [7] => 764.17 [8] => 724.90 [9] => 715.18 )
Telefonaktiebolaget L M Ericsson Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 716.15 777.58 764.17 724.90 715.18

Telefonaktiebolaget L M Ericsson Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buildings And Improvements Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 715.18 -

Telefonaktiebolaget L M Ericsson Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Address
Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.