Discontinued — last reported Q4 '17
IN — Reversals Of Previously Recorded Liabilities
Analysis
How to read this metric
An increase indicates a positive adjustment to earnings due to lower-than-anticipated costs, while a decrease suggests that previous estimates were accurate or that fewer liabilities were resolved. Frequent or large reversals may signal volatility in accounting estimates or changes in the risk profile of the segment's operations.
Detailed definition
This metric represents the reduction or elimination of previously accrued liabilities within the specified geographic se...
Peer comparison
Peers in the mining and refining industry often report similar adjustments under 'other income' or 'operating expense adjustments' related to environmental or legal accruals, though the frequency varies based on the company's risk management and estimation policies.
aa_segment_in_reversals_of_previously_recorded_liabilitiesSimilar Metrics at Other Companies
Frequently Asked Questions
- What does in — reversals of previously recorded liabilities mean?
- The amount of money added back to earnings because previously estimated costs or debts turned out to be lower than expected.