Discontinued — last reported Q4 '18
Geographic · Accrual For Environmental Loss Contingencies
Several Sites — Accrual For Environmental Loss Contingencies
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2018Feb 26, 2019
Rolls up toAccrued Expenses
How to read this metric
An increase suggests rising regulatory pressure or the identification of new remediation requirements, while a decrease may indicate successful completion of cleanup projects or a reduction in estimated liability. High levels of accrual indicate significant long-term environmental risk and potential future cash outflows.
Detailed definition
This metric represents the total financial provision recognized for environmental remediation obligations across various...
Peer comparison
Comparable to environmental remediation liabilities or asset retirement obligations (ARO) reported by other heavy industrial, mining, and chemical manufacturing firms.
Metric ID:
aa_segment_several_sites_accrual_for_environmental_loss_contingenciesSimilar Metrics at Other Companies
Frequently Asked Questions
- What does several sites — accrual for environmental loss contingencies mean?
- The total estimated cost set aside to cover future environmental cleanup and regulatory compliance obligations at company sites.