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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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Otis Worldwide Corp quarterly/annual Amortization of Intangible Assets history and growth rate from Q1 2019 to Q3 2024.
- Otis Worldwide Corp Amortization of Intangible Assets for the quarter ending September 30, 2024 was $15M, a 11.8% decline year-over-year.
- Otis Worldwide Corp Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $61M, a 11.6% decline year-over-year.
- Otis Worldwide Corp annual Amortization of Intangible Assets for 2023 was $67M, a 8.22% decline from 2022.
- Otis Worldwide Corp annual Amortization of Intangible Assets for 2022 was $73M, a 16.1% decline from 2021.
- Otis Worldwide Corp annual Amortization of Intangible Assets for 2021 was $87M, a 4.4% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)