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Sylvamo (Sylvamo) Gross Property, Plant and Equipment : $4,750 Mil (As of Mar. 2024)


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What is Sylvamo Gross Property, Plant and Equipment?

Sylvamo's quarterly gross PPE increased from Sep. 2023 ($4,688 Mil) to Dec. 2023 ($4,902 Mil) but then declined from Dec. 2023 ($4,902 Mil) to Mar. 2024 ($4,750 Mil).

Sylvamo's annual gross PPE increased from Dec. 2021 ($4,292 Mil) to Dec. 2022 ($4,447 Mil) and increased from Dec. 2022 ($4,447 Mil) to Dec. 2023 ($4,902 Mil).


Sylvamo Gross Property, Plant and Equipment Historical Data

The historical data trend for Sylvamo's Gross 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.

Sylvamo Gross Property, Plant and Equipment Chart

Sylvamo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial 5,035.00 4,828.00 4,292.00 4,447.00 4,902.00

Sylvamo Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross 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 4,675.00 4,703.00 4,688.00 4,902.00 4,750.00

Sylvamo Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed 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.


Sylvamo  (NYSE:SLVM) Gross 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.


Sylvamo Gross Property, Plant and Equipment Related Terms

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Sylvamo (Sylvamo) Business Description

Industry
Traded in Other Exchanges
Address
6077 Primacy Parkway, Memphis, TN, USA, 38119
Sylvamo Corp is an uncoated papers company with a broad portfolio of top-tier brands and low-cost, large-scale paper mills, it produces uncoated freesheet (UFS) for paper products such as cut size and offset paper, as well as market pulp. The company offers Copy and Printer papers, Commercial Printing papers, Converting papers, and Specialty papers. It operates in three geographical segments: Europe, Latin America, and North America.
Executives
Hirschfeld Tatiana Kalman officer: SVP & GM, Latin America C/O SYLVAMO CORPORATION, 6077 PRIMACY PARKWAY, MEMPHIS TN 38119
John V Sims director, officer: SVP & Chief Financial Officer C/O INTERNATIONAL PAPER COMPANY, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Karl L Meyers director C/O SYLVAMO CORPORATION, 6077 PRIMACY PARKWAY, MEMPHIS TN 38119
Kevin W Ferguson officer: VP, Controller,Chief Acct.Off. C/O SYLVAMO CORPORATION, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Thomas A Cleves officer: SVP, Corporate Affairs C/O SYLVAMO CORPORATION, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Mark Wilde director C/O SYLVAMO CORPORATION, 6077 PRIMACY PARKWAY, MEMPHIS TN 38119
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
International Paper Co /new/ 10 percent owner 6400 POPLAR AVENUE, MEMPHIS TN 38197
Matthew Barron officer: SVP, Gen Counsel & Secretary C/O SYLVAMO CORPORATION, 6400 POPLAR AVENUE, MEMPHIS TN 38197
Atlas Capital Resources Gp Iv Llc 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Atlas Capital Gp Iv Lp 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Acr Group Paper Holdings Lp 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830
Andrew M Bursky 10 percent owner
Timothy J Fazio 10 percent owner ATLAS HOLDINGS LLC, 100 NORTHFIELD STREET, GREENWICH CT 06830
Acr Group Paper Holdings Jr Gp Llc 10 percent owner 100 NORTHFIELD STREET, GREENWICH CT 06830

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