Spirit AeroSystems Holdings (FRA:S9Q) Buildings And Improvements : €1,209 Mil (As of Mar. 2024)

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What is Spirit AeroSystems Holdings Buildings And Improvements?

Spirit AeroSystems Holdings's quarterly buildings and improvements declined from Sep. 2023 (€1,211 Mil) to Dec. 2023 (€1,199 Mil) but then increased from Dec. 2023 (€1,199 Mil) to Mar. 2024 (€1,209 Mil).

Spirit AeroSystems Holdings's annual buildings and improvements increased from Dec. 2021 (€1,099 Mil) to Dec. 2022 (€1,198 Mil) and increased from Dec. 2022 (€1,198 Mil) to Dec. 2023 (€1,199 Mil).

Spirit AeroSystems Holdings Buildings And Improvements Historical Data

The historical data trend for Spirit AeroSystems Holdings'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.

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Spirit AeroSystems Holdings Buildings And Improvements Chart

Spirit AeroSystems Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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831.60

959.03

1,099.17

1,198.03

1,199.07

Spirit AeroSystems Holdings 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	Get a 7-Day Free Trial															1,199.44	1,195.38	1,210.89	1,199.07	1,208.88

Spirit AeroSystems Holdings 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.

Spirit AeroSystems Holdings (FRA:S9Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Spirit AeroSystems Holdings Inc (FRA:S9Q) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

SPR:USA S9Q:Germany

Address

3801 South Oliver Street, Wichita, KS, USA, 67210

Website

https://www.spiritaero.com

Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's 737 program, which accounts for nearly half the company's revenue.

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