ABB (ABLZF) Construction In Progress : $0 Mil (As of Sep. 2024)

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What is ABB Construction In Progress?

ABB's annual construction in progress increased from Dec. 2021 ($522 Mil) to Dec. 2022 ($586 Mil) and increased from Dec. 2022 ($586 Mil) to Dec. 2023 ($713 Mil).

ABB Construction In Progress Historical Data

The historical data trend for ABB's Construction In Progress 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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ABB Construction In Progress Chart

ABB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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500.00

505.00

522.00

586.00

713.00

ABB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															-	713.00	-	-	-

ABB Construction In Progress 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.

ABB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ABB Ltd (OTCPK:ABLZF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

ABBNY:USA ABB:Sweden ABBN:Mexico 0A6W:UK ABBNz:UK 0NX2:UK ABJA:Germany ABJA:Germany ABBNE:Switzerland ABBN:Switzerland

Address

Affolternstrasse 44, Zurich, CHE, 8050

Website

https://www.abb.com

ABB is a supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. Its products include electrical equipment, industrial robots, and equipment used for industrial automation that are sold via approximately 19 business divisions. ABB is the number one or two supplier in two thirds of its product segments.