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How we can calculate PP&E from the following balance sheet? Please explain with data provided on the balance sheet.AMAZON.COM, INC. CONSOLIDATED BALANCE SHEETS (in millions, except per share data) December 31, 2016 2017 19,334 $ 6,647 11,46

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Answer #1

PP&E stand for property plant and equipment. The PP&E net amount is already provided on the face of balance sheet and extract of BS attached below for ready reference:

Property and equipment, net 29,114 48,866

PP&E mainly consist of following items - refer disclosure schedule of Amazon.com Inc. financial statement.

Amazon.com Inc.

Balance sheet: property, plant and equipment

US$ in millions

Dec 31, 2016

Dec 31, 2017

Land and buildings

13,998

23,718

Equipment

25,989

38,387

Other assets

649

2,390

Construction in progress

1,805

4,078

Gross property and equipment

42,441

68,573

Accumulated depreciation and amortization

(13,327)

(19,707)

Property and equipment, net

29,114

48,866

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