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Moody's MCO Cumulative Cost Basis
Discontinued — last reported Q4 '23
Cumulative Cost Basis at other companies
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Where this comes from
Reported directly by Moody's in its filing.
Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentGross.
The source filing: Moody's’s 10-K, filed February 14, 2024.
- Filed
- Feb 14, 2024
- Fiscal year
- FY2023
- Accession
- 0001059556-24-000017
| Line item | December 31, 2023 | 2022 |
|---|---|---|
| Office and computer equipment (3 - 10 year estimated useful life) | $354 | $339 |
| Office furniture and fixtures (3 - 10 year estimated useful life) | 57 | 54 |
| Internal-use computer software (1 - 10 year estimated useful life) | 1,232 | 995 |
| Leasehold improvements and building (1 - 20 year estimated useful life) | 232 | 237 |
| Total property and equipment, at cost | 1,875 | 1,625 |
| Less: accumulated depreciation and amortization | (1,272) | (1,123) |
| Total property and equipment, net | $603 | $502 |
ITEM 8. FINANCIAL STATEMENTS
FAQ
- What is Moody's's cumulative cost basis?
- Moody's (MCO) reported cumulative cost basis of $1.88B in Q4 2023.
- What is the long-term trend for Moody's's cumulative cost basis?
- Over 3 years (2020 to 2023), Moody's's cumulative cost basis has grown at a 15.8% compound annual growth rate (CAGR), from $1.21B to $1.88B.
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