ITC Holdings (ITC Holdings) Other Long Term Assets : $302 Mil (As of Jun. 2016)

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What is ITC Holdings Other Long Term Assets?

ITC Holdings's other long-term assets for the quarter that ended in Jun. 2016 was $302 Mil.

ITC Holdings's quarterly other long-term assets declined from Dec. 2015 ($307 Mil) to Mar. 2016 ($296 Mil) but then increased from Mar. 2016 ($296 Mil) to Jun. 2016 ($302 Mil).

ITC Holdings's annual other long-term assets increased from Dec. 2013 ($219 Mil) to Dec. 2014 ($291 Mil) and increased from Dec. 2014 ($291 Mil) to Dec. 2015 ($307 Mil).

ITC Holdings Other Long Term Assets Historical Data

The historical data trend for ITC Holdings's Other Long Term Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ITC Holdings Other Long Term Assets Chart

ITC Holdings Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

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Dec15

Other Long Term Assets

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208.97

214.06

219.10

291.44

307.48

ITC Holdings Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Other Long Term Assets	Get a 7-Day Free Trial															332.27	300.03	307.48	296.30	301.99

ITC Holdings Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

ITC Holdings (ITC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ITC Holdings Corp (NYSE:ITC) » Definitions » Other Long Term Assets

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.itc-holdings.com

ITC Holdings Corp was incorporated in 2002 in the State of Michigan for the purpose of acquiring ITC Transmission. The Company, along with its subsidiaries, is engaged in transmission of electricity in the United States. Through its operating subsidiaries, ITCTransmission, METC, ITC Midwest and ITC Great Plains, it operates high-voltage systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma that transmit electricity from generating stations to local distribution facilities connected to its systems. The Company operates, maintains and invests in transmission infrastructure in order to enhance system integrity and reliability, reduces transmission constraints and allows new generating resources to interconnect to its transmission systems. Its Regulated Operating Subsidiaries are independent electric transmission utilities, with rates regulated by the FERC and established on a cost-of-service model. The Company's Regulated Operating Subsidiaries earns revenues through tariff rates charged for the use of their electric transmission systems by its customers, which include investor-owned utilities, municipalities, cooperatives, power marketers and alternative energy suppliers. The Company's operations are subject to federal, state and local environmental laws and regulations, which impose limitations on the discharge of pollutants into the environment, establish standards for the management, treatment, storage, transportation and disposal of hazardous materials and of solid and hazardous wastes, and impose obligations to investigate and remediate contamination in certain circumstances.

Executives

Edward G Jepsen	director	C/O AMPHENOL CORPORATION, 358 HALL AVENUE, WALLINGFORD CT 06492
Rejji P Hayes	officer: EVP & CFO	ONE ENERGY PLAZA, JACKSON MI 49201
Thomas G Stephens	director	777 JOSLYN ROAD, MC 483 720 540, PONTIAC MI 48340-2925
Dave R Lopez	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
Lee C Stewart	director	PO BOX 816, SHARON CT 06069
Chris Franklin	director	762 W.LANCASTER AVE, BRYN MAWR PA 19010
Cameron M Bready	officer: EVP & Chief Financial Officer	3550 LENOX RD, ATLANTA GA 30326
Watts J C Jr	director