HomeDepreciation and Assets Not Yet in Service
Assets Not Yet in Service (CIP, $B, Period-End)
Assets Not Yet in Service (CIP, $B, Period-End)#
Assets bought but not yet in service have piled to a record; they neither depreciate nor earn until the day they are placed in service.Draft, pending review
How to read this chart
Capital bought but not yet in service, which neither depreciates nor earns. A growing pile means CapEx is running ahead of the ability to energize and commission (power, shells, deliveries). Disclosure: Google and Meta quarterly; Amazon annual only; Oracle annual with a May year-end; Microsoft never.
Source: FinSight compilation and estimates · Updated 2026-09-03
↩ This chart lives on the pages2-depreciation-csp-03