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Taxonomy & unit
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us-gaap: USD
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Description
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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
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Summary
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Progressive Corp/Oh/ quarterly/annual Amortization of Intangible Assets history and growth rate from 2013 to 2023.
- Progressive Corp/Oh/ Amortization of Intangible Assets for the quarter ending December 31, 2023 was $2.8M, a 49.1% decline year-over-year.
- Progressive Corp/Oh/ Amortization of Intangible Assets for the twelve months ending December 31, 2023 was $14.2M, a 54.2% decline year-over-year.
- Progressive Corp/Oh/ annual Amortization of Intangible Assets for 2023 was $14.2M, a 54.2% decline from 2022.
- Progressive Corp/Oh/ annual Amortization of Intangible Assets for 2022 was $31M, a 46.3% decline from 2021.
- Progressive Corp/Oh/ annual Amortization of Intangible Assets for 2021 was $57.7M, a 1.41% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)