Discontinued — last reported Q3 '17
Consolidation · Goodwill Impairment
Material Reconciling Items — Goodwill Impairment
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ3 2017
Rolls up toGoodwill impairment
How to read this metric
An increase indicates a significant write-down of asset value, signaling potential overpayment for past acquisitions or a deterioration in the long-term outlook for specific business segments.
Detailed definition
This metric represents non-cash charges recognized when the carrying value of a reporting unit's goodwill exceeds its im...
Peer comparison
Peers in the refining and energy sector periodically report these charges during cyclical downturns or when energy transition strategies necessitate asset revaluation.
Metric ID:
mpc_segment_material_reconciling_items_goodwill_impairment_lossSimilar Metrics at Other Companies
Frequently Asked Questions
- What does material reconciling items — goodwill impairment mean?
- A non-cash accounting charge taken when the value of a previously acquired business is determined to be lower than its recorded book value.