Property, Plant and Equipment Disclosure
Asset Age Ratios (Summary)
Average Age
Estimated Total Useful Life
Estimated Age, Time Elapsed Since Purchase
Estimated Remaining Life

AmerisourceBergen Corp., balance sheet: property, plant and equipment

US$ in thousands

	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017
Land	122,426)	129,944)	39,572)	44,142)	39,875)	40,302)
Buildings and improvements	840,852)	838,615)	586,551)	942,129)	1,086,909)	979,589)
Machinery, equipment, and other	3,424,070)	3,113,132)	2,618,354)	2,362,869)	2,281,124)	2,071,314)
Property and equipment, at cost	4,387,348)	4,081,691)	3,244,477)	3,349,140)	3,407,908)	3,091,205)
Accumulated depreciation	(2,252,345)	(1,918,730)	(1,759,669)	(1,578,624)	(1,515,484)	(1,293,260)
Property and equipment, net	2,135,003)	2,162,961)	1,484,808)	1,770,516)	1,892,424)	1,797,945)

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

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Item	Description	The company
Property and equipment, at cost	Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	AmerisourceBergen Corp. property and equipment, at cost increased from 2020 to 2021 and from 2021 to 2022.
Property and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	AmerisourceBergen Corp. property and equipment, net increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.

AmerisourceBergen Corp., asset age ratios

	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017
Average age ratio	52.81%	48.55%	54.91%	47.76%	45.00%	42.39%
Estimated total useful life (years)	11	12	11	11	12	13
Estimated age, time elapsed since purchase (years)	6	6	6	5	5	5
Estimated remaining life (years)	5	6	5	6	7	7

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

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Asset age ratio	Description	The company
Average age ratio	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	AmerisourceBergen Corp. average age ratio of depreciable property, plant and equipment improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	AmerisourceBergen Corp. estimated total useful life of depreciable property, plant and equipment increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	AmerisourceBergen Corp. estimated time elapsed since purchase of depreciable property, plant and equipment improved from 2020 to 2021 and from 2021 to 2022.
Estimated remaining life		AmerisourceBergen Corp. estimated remaining life of depreciable property, plant and equipment increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.

	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017
Selected Financial Data (US$ in thousands)
Accumulated depreciation	2,252,345)	1,918,730)	1,759,669)	1,578,624)	1,515,484)	1,293,260)
Property and equipment, at cost	4,387,348)	4,081,691)	3,244,477)	3,349,140)	3,407,908)	3,091,205)
Land	122,426)	129,944)	39,572)	44,142)	39,875)	40,302)
Asset Age Ratio
Average age¹	52.81%	48.55%	54.91%	47.76%	45.00%	42.39%

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

2022 Calculations

¹ Average age = 100 × Accumulated depreciation ÷ (Property and equipment, at cost – Land)
= 100 × 2,252,345 ÷ (4,387,348 – 122,426) = 52.81%

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Asset age ratio	Description	The company
Average age	As long as straight-line depreciation is used, this is an accurate estimate of asset age as a percentage of depreciable life. The relative age is a useful measure of whether the company fixed asset base is old or new. Newer assets are likely to be more efficient.	AmerisourceBergen Corp. average age ratio of depreciable property, plant and equipment improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017
Selected Financial Data (US$ in thousands)
Property and equipment, at cost	4,387,348)	4,081,691)	3,244,477)	3,349,140)	3,407,908)	3,091,205)
Land	122,426)	129,944)	39,572)	44,142)	39,875)	40,302)
Depreciation expense	386,595)	326,824)	280,187)	294,965)	283,971)	237,100)
Asset Age Ratio (Years)
Estimated total useful life¹	11	12	11	11	12	13

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

2022 Calculations

¹ Estimated total useful life = (Property and equipment, at cost – Land) ÷ Depreciation expense
= (4,387,348 – 122,426) ÷ 386,595 = 11

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Asset age ratio	Description	The company
Estimated total useful life	Over longer time periods, this ratio is a useful measure of company depreciation policy and can be used for comparisons with competitors.	AmerisourceBergen Corp. estimated total useful life of depreciable property, plant and equipment increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.

	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017
Selected Financial Data (US$ in thousands)
Accumulated depreciation	2,252,345)	1,918,730)	1,759,669)	1,578,624)	1,515,484)	1,293,260)
Depreciation expense	386,595)	326,824)	280,187)	294,965)	283,971)	237,100)
Asset Age Ratio (Years)
Time elapsed since purchase¹	6	6	6	5	5	5

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

2022 Calculations

¹ Time elapsed since purchase = Accumulated depreciation ÷ Depreciation expense
= 2,252,345 ÷ 386,595 = 6

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Asset age ratio	Description	The company
Estimated time elapsed since purchase	The approximate age in years of a company fixed assets. Useful for comparison purposes.	AmerisourceBergen Corp. estimated time elapsed since purchase of depreciable property, plant and equipment improved from 2020 to 2021 and from 2021 to 2022.

	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018	Sep 30, 2017
Selected Financial Data (US$ in thousands)
Property and equipment, net	2,135,003)	2,162,961)	1,484,808)	1,770,516)	1,892,424)	1,797,945)
Land	122,426)	129,944)	39,572)	44,142)	39,875)	40,302)
Depreciation expense	386,595)	326,824)	280,187)	294,965)	283,971)	237,100)
Asset Age Ratio (Years)
Estimated remaining life¹	5	6	5	6	7	7

Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30).

2022 Calculations

¹ Estimated remaining life = (Property and equipment, net – Land) ÷ Depreciation expense
= (2,135,003 – 122,426) ÷ 386,595 = 5

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Asset age ratio	Description	The company
Estimated remaining life		AmerisourceBergen Corp. estimated remaining life of depreciable property, plant and equipment increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.

AmerisourceBergen Corp. (NYSE:ABC)

Analysis of Property, Plant and Equipment

Property, Plant and Equipment Disclosure

Asset Age Ratios (Summary)

Average Age

Estimated Total Useful Life

Estimated Age, Time Elapsed since Purchase

Estimated Remaining Life