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Albertsons (Albertsons) Property, Plant and Equipment : $15,552 Mil (As of Feb. 2024)


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What is Albertsons Property, Plant and Equipment?

Albertsons's quarterly net PPE declined from Aug. 2023 ($15,387 Mil) to Nov. 2023 ($15,343 Mil) but then increased from Nov. 2023 ($15,343 Mil) to Feb. 2024 ($15,552 Mil).

Albertsons's annual net PPE declined from Feb. 2022 ($15,258 Mil) to Feb. 2023 ($15,238 Mil) but then increased from Feb. 2023 ($15,238 Mil) to Feb. 2024 ($15,552 Mil).


Albertsons Property, Plant and Equipment Historical Data

The historical data trend for Albertsons's Property, Plant and Equipment 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.

Albertsons Property, Plant and Equipment Chart

Albertsons Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,079.30 15,428.30 15,258.00 15,237.80 15,551.90

Albertsons Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Property, Plant and Equipment Get a 7-Day Free Trial 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 15,237.80 15,238.00 15,387.00 15,343.40 15,551.90

Albertsons Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Albertsons  (NYSE:ACI) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Albertsons Property, Plant and Equipment Related Terms

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Albertsons (Albertsons) Business Description

Traded in Other Exchanges
Address
250 Parkcenter Boulevard, Boise, ID, USA, 83706
Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
Executives
Thomas M Moriarty officer: EVP General Counsel & CPO 100 PARSONS POND DRIVE, FRANKLIN LAKES NJ 07417
Robert Bruce Larson officer: Chief Accounting Officer 3103 S OLD HICKORY, BOISE ID 83712
Klaff Realty Lp 10 percent owner, other: See Remarks 180 N. MICHIGAN AVE, SUITE 300, CHICAGO IL 60601
Mohammad Omer Gajial officer: EVP, Pharmacy & Health 250 E. PARKCENTER BLVD., BOISE ID 83706
Jubilee Abs Holding Llc other: See Footnote (2) 4300 E. FIFTH AVE., COLUMBUS OH 43219
Kimco Realty Corp other: See Remarks 500 NORTH BROADWAY, SUITE 201, JERICHO NY 11753
Susan Morris officer: See Remarks ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Evan Rainwater officer: EVP, Supp Chain&Manufacturing 250 E. PARKCENTER BLVD., BOISE ID 83706
Chris Rupp officer: See Remarks ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Anuj Dhanda officer: See Remarks ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Sharon Mccollam officer: President & CFO C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Jennifer Saenz officer: Chief Marketing Officer 250 E. PARKCENTER BLVD., BOISE ID 83706
Chan Galbato director 191 E NORTH AVENUE, CAROL STREAM IL 60188
Stone West Mary E director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Shant Babikian director C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOO NY 10019