GLOBALFOUNDRIES (GLOBALFOUNDRIES) Accumulated Depreciation : $-24,859 Mil (As of Mar. 2024)

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What is GLOBALFOUNDRIES Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

GLOBALFOUNDRIES's quarterly accumulated depreciation increased from Sep. 2023 ($-24,486 Mil) to Dec. 2023 ($-24,796 Mil) and increased from Dec. 2023 ($-24,796 Mil) to Mar. 2024 ($-24,859 Mil).

GLOBALFOUNDRIES's annual accumulated depreciation increased from Dec. 2021 ($-23,201 Mil) to Dec. 2022 ($-23,785 Mil) and increased from Dec. 2022 ($-23,785 Mil) to Dec. 2023 ($-24,796 Mil).

GLOBALFOUNDRIES Accumulated Depreciation Historical Data

The historical data trend for GLOBALFOUNDRIES's Accumulated Depreciation 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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GLOBALFOUNDRIES Accumulated Depreciation Chart

GLOBALFOUNDRIES Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-20,213.15

-22,219.51

-23,201.00

-23,785.00

-24,796.00

GLOBALFOUNDRIES Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial													-24,006.00	-24,215.00	-24,486.00	-24,796.00	-24,859.00

GLOBALFOUNDRIES Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

GLOBALFOUNDRIES Accumulated Depreciation Related Terms

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GLOBALFOUNDRIES (GLOBALFOUNDRIES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GLOBALFOUNDRIES Inc (NAS:GFS) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

GFS:Mexico 76J:Germany

Address

400 Stonebreak Road Extension, Malta, NY, USA, 12020

Website

https://www.gf.com

GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and employs about 14,000 people.