BHP Group (BHP Group) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2021)

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What is BHP Group Long-Term Capital Lease Obligation?

BHP Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0 Mil.

BHP Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2020 ($0 Mil) to Jun. 2021 ($3,007 Mil) but then declined from Jun. 2021 ($3,007 Mil) to Dec. 2021 ($0 Mil).

BHP Group's annual Long-Term Capital Lease Obligation increased from Jun. 2019 ($650 Mil) to Jun. 2020 ($2,590 Mil) and increased from Jun. 2020 ($2,590 Mil) to Jun. 2021 ($3,007 Mil).

BHP Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for BHP Group's Long-Term Capital Lease Obligation 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.

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BHP Group Long-Term Capital Lease Obligation Chart

BHP Group Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Long-Term Capital Lease Obligation

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815.00

725.00

650.00

2,590.00

3,007.00

BHP Group Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	2,590.00	-	3,007.00	-

BHP Group (NYSE:BBL) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

BHP Group Long-Term Capital Lease Obligation Related Terms

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BHP Group (BHP Group) Business Description

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Address

160 Victoria Street, Nova South, London, GBR, SW1E 5LB

Website

https://www.bhp.com

BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical. The merger of BHP Limited (now BHP Ltd.) and Billiton PLC (now BHP PLC) created the present-day BHP. Shareholders in each company have equivalent economic and voting rights in BHP as a whole and in 2022 voted to reunify the dual listed structure. Major assets include Pilbara iron ore, Queensland coking coal, Escondida copper and conventional petroleum assets, principally in Australia and the Gulf of Mexico. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets are likely to be spun off and merged with Woodside.