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AMZN » Topics » Note 3-FIXED ASSETS

This excerpt taken from the AMZN 10-K filed Jan 29, 2010.

Note 3—FIXED ASSETS

Fixed assets, at cost, consisted of the following (in millions):

 

    December 31,
    2009   2008

Gross Fixed Assets:

    

Fulfillment and customer service

   $ 551   $ 564

Technology infrastructure

     551     348

Internal-use software, content, and website development

     398     331

Construction in progress (1)

     278     87

Other corporate assets

     137     79
           

Gross fixed assets

     1,915     1,409
           

Accumulated Depreciation:

    

Fulfillment and customer service

     202     254

Technology infrastructure

     178     82

Internal-use software, content, and website development

     207     159

Other corporate assets

     38     60
           

Total accumulated depreciation

     625     555
           

Total fixed assets, net

   $ 1,290   $ 854
           

 

(1) We capitalize construction in progress and record a corresponding long-term liability for certain lease agreements, including our Seattle, Washington corporate office space subject to leases scheduled to begin upon completion of development between 2010 and 2013. See “Note 6—Other Long-Term Liabilities” and “Note 7—Commitments and Contingencies” for further discussion.

Depreciation expense on fixed assets was $384 million, $311 million, and $258 million, which includes amortization of fixed assets acquired under capital lease obligations of $88 million, $50 million, and $40 million for 2009, 2008, and 2007. Gross assets remaining under capital leases were $430 million and $304 million at December 31, 2009 and 2008. Accumulated depreciation associated with capital leases was $184 million and $116 million at December 31, 2009 and 2008.

These excerpts taken from the AMZN 10-K filed Jan 30, 2009.

Note 3—FIXED ASSETS

Fixed assets, at cost, consisted of the following (in millions):

 

    December 31,
    2008   2007

Gross Fixed Assets:

    

Fulfillment and customer service

   $ 564   $ 464

Technology infrastructure

     348     196

Internal-use software, content, and website development

     331     285

Construction in progress (1)

     87     15

Other corporate assets

     79     63
           

Gross fixed assets

     1,409     1,023
           

Accumulated Depreciation :

    

Fulfillment and customer service

     254     216

Technology infrastructure

     82     74

Internal-use software, content, and website development

     159     146

Other corporate assets

     60     44
           

Total accumulated depreciation

     555     480
           

Total fixed assets, net

   $ 854   $ 543
           

 

59

Table of Contents

AMAZON.COM, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

 

(1) We capitalize construction in progress and record a corresponding long-term liability for certain lease agreements, including our Seattle, Washington corporate office space subject to leases scheduled to begin in 2010 and 2011. See “Note 6—Other Long-Term Liabilities” and “Note 7—Commitments and Contingencies” for further discussion.

Depreciation expense on fixed assets was $311 million, $258 million, and $200 million, which includes amortization of fixed assets acquired under capital lease obligations of $50 million, $40 million, and $26 million for 2008, 2007, and 2006. Gross assets remaining under capital leases were $304 million and $150 million at December 31, 2008 and 2007. Accumulated depreciation associated with capital leases was $116 million and $64 million at December 31, 2008 and 2007.

Note 3—FIXED ASSETS

FACE="Times New Roman" SIZE="2">Fixed assets, at cost, consisted of the following (in millions):

 














































































































































































  December 31,
  2008 2007

Gross Fixed Assets:

  

Fulfillment and customer service

 $564 $464

Technology infrastructure

  348  196

Internal-use software, content, and website development

  331  285

Construction in progress (1)

  87  15

Other corporate assets

  79  63
      

Gross fixed assets

  1,409  1,023
      

Accumulated Depreciation :

  

Fulfillment and customer service

  254  216

Technology infrastructure

  82  74

Internal-use software, content, and website development

  159  146

Other corporate assets

  60  44
      

Total accumulated depreciation

  555  480
      

Total fixed assets, net

 $854 $543
      

 


59






Table of Contents



AMAZON.COM, INC.

FACE="Times New Roman" SIZE="2">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 


 





(1)We capitalize construction in progress and record a corresponding long-term liability for certain lease agreements, including our Seattle, Washington corporate office space subject
to leases scheduled to begin in 2010 and 2011. See “Note 6—Other Long-Term Liabilities” and “Note 7—Commitments and Contingencies” for further discussion.
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">Depreciation expense on fixed assets was $311 million, $258 million, and $200 million, which includes amortization of fixed assets acquired under capital
lease obligations of $50 million, $40 million, and $26 million for 2008, 2007, and 2006. Gross assets remaining under capital leases were $304 million and $150 million at December 31, 2008 and 2007. Accumulated depreciation associated with
capital leases was $116 million and $64 million at December 31, 2008 and 2007.

These excerpts taken from the AMZN 10-K filed Feb 11, 2008.

Note 3—FIXED ASSETS

Fixed assets, at cost, consisted of the following (in millions):

 

     December 31,
     2007    2006

Gross Fixed Assets:

      

Fulfillment and customer service

    $ 464    $ 379

Technology infrastructure

      196      153

Internal-use software, content, and website development

      285      230

Construction in progress (1)

      15      —  

Other corporate assets

      63      62
             

Gross fixed assets

      1,023      824
             

Accumulated Depreciation:

      

Fulfillment and customer service

      216      171

Technology infrastructure

      74      55

Internal-use software, content, and website development

      146      108

Other corporate assets

      44      33
             

Total accumulated depreciation

      480      367
             

Total fixed assets, net

    $ 543    $ 457
             

 

(1) We capitalize construction in progress and record a corresponding long-term liability for certain lease agreements related to our Seattle, Washington corporate office space subject to leases scheduled to begin in 2010 and 2011. See “Note 5—Other Long-Term Liabilities” and “Note 6—Commitments and Contingencies” for further discussion.

Depreciation expense on fixed assets was $258 million, $200 million, and $113 million, which includes amortization of fixed assets acquired under capital lease obligations of $40 million, $26 million and $4 million for 2007, 2006, and 2005. Gross assets remaining under capital leases were $150 million and $77 million at December 31, 2007 and 2006. Accumulated depreciation associated with capital leases was $64 million and $28 million at December 31, 2007 and 2006.

Note 3—FIXED ASSETS

FACE="Times New Roman" SIZE="2">Fixed assets, at cost, consisted of the following (in millions):

 














































































































































































   December 31,
   2007  2006

Gross Fixed Assets:

    

Fulfillment and customer service

  $464  $379

Technology infrastructure

   196   153

Internal-use software, content, and website development

   285   230

Construction in progress (1)

   15   —  

Other corporate assets

   63   62
        

Gross fixed assets

   1,023   824
        

Accumulated Depreciation:

    

Fulfillment and customer service

   216   171

Technology infrastructure

   74   55

Internal-use software, content, and website development

   146   108

Other corporate assets

   44   33
        

Total accumulated depreciation

   480   367
        

Total fixed assets, net

  $543  $457
        

 





(1)We capitalize construction in progress and record a corresponding long-term liability for certain lease agreements related to our Seattle, Washington corporate office space subject
to leases scheduled to begin in 2010 and 2011. See “Note 5—Other Long-Term Liabilities” and “Note 6—Commitments and Contingencies” for further discussion.
STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%">Depreciation expense on fixed assets was $258 million, $200 million, and $113 million, which includes amortization of fixed assets acquired under capital
lease obligations of $40 million, $26 million and $4 million for 2007, 2006, and 2005. Gross assets remaining under capital leases were $150 million and $77 million at December 31, 2007 and 2006. Accumulated depreciation associated with capital
leases was $64 million and $28 million at December 31, 2007 and 2006.

This excerpt taken from the AMZN 10-K filed Feb 16, 2007.

Note 3—FIXED ASSETS

Fixed assets, at cost, consisted of the following (in millions):

 

     December 31,
     2006    2005

Gross Fixed Assets:

      

Fulfillment and customer service (1)

    $ 379    $ 309

Technology infrastructure

      153      69

Internal-use software, content, and website development

      230      138

Other corporate assets

      62      55
             

Gross fixed assets

      824      571

Accumulated Depreciation:

      

Fulfillment and customer service

      171      123

Technology infrastructure

      55      27

Internal-use software, content, and website development

      108      51

Other corporate assets

      33      22
             

Total accumulated depreciation

      367      223
             

Total fixed assets, net

    $ 457    $ 348
             
(1) Includes our DVD rental library.

Depreciation expense on fixed assets was $200 million, $113 million, and $75 million, which includes amortization of fixed assets acquired under capital lease obligations of $26 million, $4 million and $5 million for 2006, 2005, and 2004. Gross assets remaining under capital leases were $77 million and $8 million at December 31, 2006 and 2005. Accumulated depreciation associated with capital leases was $28 million and $2 million at December 31, 2006 and 2005.

This excerpt taken from the AMZN 10-K filed Feb 17, 2006.

Note 3—FIXED ASSETS

 

Fixed assets, at cost, consist of the following (in millions):

 

     December 31,
         2005    
        2004    

Gross Fixed Assets (1):

              

Fulfillment and customer service (2)

    $ 309    $ 263

Technology infrastructure

      69      38

Internal-use software, content, and website development

      138      79

Other corporate assets

      55      43
    
  

Gross fixed assets

      571      423

Accumulated Depreciation (1):

              

Fulfillment and customer service

      123      106

Technology infrastructure

      27      15

Internal-use software, content, and website development

      51      32

Other corporate assets

      22      24
    
  

Total accumulated depreciation

      223      177
    
  

Total fixed assets, net

    $ 348    $ 246
    
  
(1) Excludes the original cost and accumulated depreciation of fully-depreciated assets which were $275 million and $216 million at December 31, 2005 and 2004.
(2) Includes our DVD rental library.

 

Depreciation expense on fixed assets was $113 million, $75 million, and $70 million, which includes amortization of fixed assets acquired under capital lease obligations of $4 million, $5 million and $7 million for 2005, 2004, and 2003. Gross assets remaining under capital leases were $8 million and $4 million at December 31, 2005 and 2004. Accumulated depreciation associated with capital leases was $2 million and $2 million at December 31, 2005 and 2004.

 

66

Table of Contents

AMAZON.COM, INC.

 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

 

This excerpt taken from the AMZN 10-K filed Mar 11, 2005.

Note 3—FIXED ASSETS

 

Fixed assets, at cost, consist of the following (in thousands):

     December 31,
     2004
    2003

Gross Fixed Assets (1):

              

Fulfillment and customer service (2)

    $ 263,002    $ 241,497

Technology infrastructure

      38,408      25,592

Internal-use software, content, and website development

      79,026      57,413

Other corporate assets

      42,527      47,236
    
  

Gross fixed assets

      422,963      371,738

Accumulated Depreciation (1):

              

Fulfillment and customer service

      105,939      84,987

Technology infrastructure

      15,086      13,167

Internal-use software, content, and website development

      31,866      24,530

Other corporate assets

      23,916      24,769
    
  

Total accumulated depreciation

      176,807      147,453
    
  

Total fixed assets, net

    $ 246,156    $ 224,285
    
  
(1) Excludes the original cost and accumulated depreciation of fully-depreciated assets which were $216 million and $171 million at December 31, 2004 and 2003.
(2) Includes our online rental DVD catalog.

 

Depreciation expense on fixed assets was $75 million, $70 million, and $77 million, which includes amortization of fixed assets acquired under capital lease obligations of $5 million, $7 million and $7 million for 2004, 2003, and 2002. Gross assets remaining under capital leases were $4 million and $5 million at December 31, 2004 and 2003. Accumulated depreciation associated with capital leases was $2 million and $3 million at December 31, 2004 and 2003.

 

EXCERPTS ON THIS PAGE:

10-K
Jan 29, 2010
10-K (2 sections)
Jan 30, 2009
10-K (2 sections)
Feb 11, 2008
10-K
Feb 16, 2007
10-K
Feb 17, 2006
10-K
Mar 11, 2005

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