H.-B. Foxby and S. Iyengar, Depth and amplitude for unbounded complexes Abstract. We prove that over a commutative noetherian ring the three approaches to introducing depth for complexes: via Koszul homology, via Ext module, and via local cohomology, all yield the same invariant. Using this result, we establish a far reaching generalization of the classical Auslander- Buchsbaum formula for the depth of finitely generated modules of finite projective dimension. We extend also Iversen's amplitude inequality to unbounded complexes. As a corollary we deduce: Given a local homomorphism $Q \rightarrow R$, if there is a non-zero finitely generated $R$-module that has finite flat dimension both over $Q$ and over $R$, then the flat dimension of $R$ over $Q$ is finite. This last result yields a module theoretic extension of a characterization of regular local rings in characteristic $p$ due to Kunz and Rodicio