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Verizon Communications Inc  (NYSE:VZ) Construction In Progress: $6,362 Mil (As of Dec. 2018)

Verizon Communications Inc's quarterly construction in progress stayed the same from Jun. 2018 ($0 Mil) to Sep. 2018 ($0 Mil) but then increased from Sep. 2018 ($0 Mil) to Dec. 2018 ($6,362 Mil).

Verizon Communications Inc's annual construction in progress increased from Dec. 2016 ($5,710 Mil) to Dec. 2017 ($6,139 Mil) and increased from Dec. 2017 ($6,139 Mil) to Dec. 2018 ($6,362 Mil).


Historical Data

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

* Premium members only.

Verizon Communications Inc Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Construction In Progress Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,580.00 4,907.00 5,710.00 6,139.00 6,362.00

Verizon Communications Inc Quarterly Data

Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Construction In Progress 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 6,139.00 0.00 0.00 0.00 6,362.00

Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Headlines

From the Internet

VZ
Where Will CenturyLink Be in 5 Years? --

- Fool 2019-03-19 10:31:00

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