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GLOBALFOUNDRIES (GLOBALFOUNDRIES) Buildings And Improvements : $8,780 Mil (As of Mar. 2024)


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What is GLOBALFOUNDRIES Buildings And Improvements?

GLOBALFOUNDRIES's quarterly buildings and improvements increased from Sep. 2023 ($8,500 Mil) to Dec. 2023 ($8,581 Mil) and increased from Dec. 2023 ($8,581 Mil) to Mar. 2024 ($8,780 Mil).

GLOBALFOUNDRIES's annual buildings and improvements increased from Dec. 2021 ($7,576 Mil) to Dec. 2022 ($7,867 Mil) and increased from Dec. 2022 ($7,867 Mil) to Dec. 2023 ($8,581 Mil).


GLOBALFOUNDRIES Buildings And Improvements Historical Data

The historical data trend for GLOBALFOUNDRIES'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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GLOBALFOUNDRIES Buildings And Improvements Chart

GLOBALFOUNDRIES Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial 7,330.89 7,440.38 7,576.00 7,867.00 8,581.00

GLOBALFOUNDRIES Quarterly Data
Dec18 Dec19 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 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 7,937.00 8,158.00 8,500.00 8,581.00 8,780.00

GLOBALFOUNDRIES 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.


GLOBALFOUNDRIES (GLOBALFOUNDRIES) Business Description

Traded in Other Exchanges
Address
400 Stonebreak Road Extension, Malta, NY, USA, 12020
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.