2024 Q1 Form 10-Q Financial Statement

#000164697224000009 Filed on January 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4
Revenue $18.34B $18.56B
YoY Change 0.41% 2.22%
Cost Of Revenue $13.20B $13.36B
YoY Change 0.11% 2.51%
Gross Profit $5.144B $5.197B
YoY Change 1.18% 1.48%
Gross Profit Margin 28.05% 28.01%
Selling, General & Admin $4.266B $4.607B
YoY Change -1.24% 1.66%
% of Gross Profit 82.92% 88.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $419.1M $414.7M
YoY Change -1.67% -1.52%
% of Gross Profit 8.15% 7.98%
Operating Expenses $4.653B $4.607B
YoY Change -1.26% 1.66%
Operating Profit $491.4M $566.1M
YoY Change 32.03% -2.8%
Interest Expense -$109.8M -$116.1M
YoY Change 19.87% 37.72%
% of Operating Profit -22.34% -20.51%
Other Income/Expense, Net -$2.400M $6.700M
YoY Change -125.26% -494.12%
Pretax Income $314.8M $456.5M
YoY Change -10.44% -8.04%
Income Tax $64.30M $95.10M
% Of Pretax Income 20.43% 20.83%
Net Earnings $250.5M $361.4M
YoY Change -19.48% -3.75%
Net Earnings / Revenue 1.37% 1.95%
Basic Earnings Per Share $0.63
Diluted Earnings Per Share $0.43 $0.62
COMMON SHARES
Basic Shares Outstanding 576.0M shares 575.9M shares
Diluted Shares Outstanding 581.1M shares

Balance Sheet

Concept 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $212.0M $222.7M
YoY Change -53.49% -94.95%
Cash & Equivalents $188.7M $222.7M
Short-Term Investments $23.30M
Other Short-Term Assets $58.90M $435.0M
YoY Change -82.93% -15.32%
Inventory $4.945B $5.176B
Prepaid Expenses $370.3M
Receivables $724.4M $828.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $6.288B $6.662B
YoY Change 0.27% -37.66%
LONG-TERM ASSETS
Property, Plant & Equipment $15.55B $15.34B
YoY Change 2.06% 68.74%
Goodwill $1.201B $1.201B
YoY Change 0.0% 0.0%
Intangibles $2.435B $2.451B
YoY Change -1.25% 1.74%
Long-Term Investments $78.20M $171.3M
YoY Change -68.73%
Other Assets $746.2M $839.4M
YoY Change -24.9% -14.08%
Total Long-Term Assets $19.93B $19.83B
YoY Change 0.18% 1.56%
TOTAL ASSETS
Total Short-Term Assets $6.288B $6.662B
Total Long-Term Assets $19.93B $19.83B
Total Assets $26.22B $26.50B
YoY Change 0.2% -12.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.218B $4.119B
YoY Change 1.08% 3.56%
Accrued Expenses $2.306B $1.951B
YoY Change -2.49% -9.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $285.2M $737.8M
YoY Change -73.49% -63.58%
Total Short-Term Liabilities $7.458B $7.858B
YoY Change -11.52% -40.96%
LONG-TERM LIABILITIES
Long-Term Debt $7.783B $7.797B
YoY Change -0.65% 9.95%
Other Long-Term Liabilities $1.032B $2.006B
YoY Change -86.05% -3.72%
Total Long-Term Liabilities $1.032B $2.006B
YoY Change -93.22% -3.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.458B $7.858B
Total Long-Term Liabilities $1.032B $2.006B
Total Liabilities $8.490B $9.864B
YoY Change -65.37% -35.92%
SHAREHOLDERS EQUITY
Retained Earnings $828.2M $647.7M
YoY Change -547.68% -255.25%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.748B $2.527B
YoY Change
Total Liabilities & Shareholders Equity $26.22B $26.50B
YoY Change 0.2% -12.31%

Cashflow Statement

Concept 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income $250.5M $361.4M
YoY Change -19.48% -3.75%
Depreciation, Depletion And Amortization $419.1M $414.7M
YoY Change -1.67% -1.52%
Cash From Operating Activities $928.7M $382.9M
YoY Change 18.77% -8.81%
INVESTING ACTIVITIES
Capital Expenditures $496.3M $450.7M
YoY Change -15.45% -189.04%
Acquisitions
YoY Change
Other Investing Activities $78.40M $12.00M
YoY Change -11.31% 130.77%
Cash From Investing Activities -$417.9M -$438.7M
YoY Change -16.19% -12.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -544.8M 12.50M
YoY Change -87.15% -98.86%
NET CHANGE
Cash From Operating Activities 928.7M 382.9M
Cash From Investing Activities -417.9M -438.7M
Cash From Financing Activities -544.8M 12.50M
Net Change In Cash -34.00M -43.30M
YoY Change -99.14% -104.25%
FREE CASH FLOW
Cash From Operating Activities $928.7M $382.9M
Capital Expenditures $496.3M $450.7M
Free Cash Flow $432.4M -$67.80M
YoY Change 121.86% -107.32%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2109200000 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2072700000 usd
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
18397745 shares
CY2023Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
21300945 shares
CY2023Q1 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
352200000 usd
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
304200000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
60898200000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1274200000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1584000000 usd
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
95100000 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
120900000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
228700000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
381600000 usd
us-gaap Net Income Loss
NetIncomeLoss
1045500000 usd
us-gaap Net Income Loss
NetIncomeLoss
1202400000 usd
CY2023Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1000000.0 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-100000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3500000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-400000 usd
CY2023Q4 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
800000 usd
CY2022Q4 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-100000 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
2900000 usd
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-3300000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-600000 usd
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
12900000 usd
aci Amortization Of Debt Issuance Costs And Write Off Of Deferred Debt Issuance Cost
AmortizationOfDebtIssuanceCostsAndWriteOffOfDeferredDebtIssuanceCost
12000000.0 usd
aci Amortization Of Debt Issuance Costs And Write Off Of Deferred Debt Issuance Cost
AmortizationOfDebtIssuanceCostsAndWriteOffOfDeferredDebtIssuanceCost
13000000.0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
80500000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
96600000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
8600000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1900000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
139400000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
143800000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
481600000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
735400000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
54100000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
33600000 usd
aci Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-424300000 usd
aci Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
-412000000.0 usd
us-gaap Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
31300000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
50200000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
37100000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
42900000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2500000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
5300000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-638600000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
874400000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-236600000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1467700000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
463800000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2952600000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
227200000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4420300000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1610700000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
27700000 usd
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-33100000 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
45700000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
us-gaap Dividends Common Stock
DividendsCommonStock
69000000.0 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
300000 usd
us-gaap Net Income Loss
NetIncomeLoss
417200000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1100000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
0 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
2000000000 usd
CY2023Q3 us-gaap Dividends Common Stock
DividendsCommonStock
69000000.0 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
266900000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1500000 usd
CY2023Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
0 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2216600000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
68700000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
69300000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
647700000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-185000000.0 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2527300000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1610700000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
26496500000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
26168200000 usd
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18557300000 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18154900000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
59384600000 usd
CY2023Q4 us-gaap Cost Of Revenue
CostOfRevenue
13360000000 usd
CY2022Q4 us-gaap Cost Of Revenue
CostOfRevenue
13033200000 usd
us-gaap Cost Of Revenue
CostOfRevenue
43996700000 usd
us-gaap Cost Of Revenue
CostOfRevenue
42713300000 usd
CY2023Q4 us-gaap Gross Profit
GrossProfit
5197300000 usd
CY2022Q4 us-gaap Gross Profit
GrossProfit
5121700000 usd
us-gaap Gross Profit
GrossProfit
16901500000 usd
us-gaap Gross Profit
GrossProfit
16671300000 usd
CY2023Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4607300000 usd
CY2022Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4532000000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15215700000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14883900000 usd
CY2023Q4 aci Gain Loss On Property Dispositions Asset Impairment And Exit Costs
GainLossOnPropertyDispositionsAssetImpairmentAndExitCosts
-23900000 usd
CY2022Q4 aci Gain Loss On Property Dispositions Asset Impairment And Exit Costs
GainLossOnPropertyDispositionsAssetImpairmentAndExitCosts
-7300000 usd
aci Gain Loss On Property Dispositions Asset Impairment And Exit Costs
GainLossOnPropertyDispositionsAssetImpairmentAndExitCosts
-43100000 usd
aci Gain Loss On Property Dispositions Asset Impairment And Exit Costs
GainLossOnPropertyDispositionsAssetImpairmentAndExitCosts
86100000 usd
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
566100000 usd
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
582400000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1642700000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
1873500000 usd
CY2023Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-116300000 usd
CY2022Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-84300000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-383100000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-313000000.0 usd
CY2023Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6700000 usd
CY2022Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1700000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
14600000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
23500000 usd
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
456500000 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
496400000 usd
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-200000 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2900000 usd
CY2023Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
361200000 usd
CY2022Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
375500000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1044900000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1199500000 usd
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.82
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.74
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.80
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
576200000 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
534600000 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
581100000 shares
aci Gain Loss On Property Dispositions Asset Impairment And Exit Costs
GainLossOnPropertyDispositionsAssetImpairmentAndExitCosts
-43100000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1359900000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1380900000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
510700000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
500700000 usd
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
87800000 usd
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
181400000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-116500000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
101300000 usd
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
17000000.0 usd
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
34900000 usd
us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
6100000 usd
us-gaap Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
49600000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
300600000 usd
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
64300000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1730800000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2072000000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1535000000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1566900000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
201300000 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
99400000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-4900000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
11200000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1328800000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1478700000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
150000000.0 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1400000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
500700000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
200500000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
45400000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
46400000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
207100000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
190900000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
800000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
22200000 usd
CY2023Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-2000000.0 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
20400000 usd
CY2023Q4 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-2000000.0 usd
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2023Q4 us-gaap Dividends Common Stock
DividendsCommonStock
69100000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
361400000 usd
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-200000 usd
CY2023Q4 us-gaap Stockholders Equity Other
StockholdersEquityOther
-200000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2527300000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
3024600000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
35300000 usd
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-37300000 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
643100000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
us-gaap Dividends Common Stock
DividendsCommonStock
63000000.0 usd
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
13700000 usd
us-gaap Net Income Loss
NetIncomeLoss
484200000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2800000 usd
us-gaap Stockholders Equity Other
StockholdersEquityOther
-200000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
4070600000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
27900000 usd
CY2022Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-3000000.0 usd
CY2022Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
23200000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2022Q3 us-gaap Dividends Common Stock
DividendsCommonStock
63700000 usd
CY2022Q3 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
10400000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
342700000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-100000 usd
CY2022Q3 us-gaap Stockholders Equity Other
StockholdersEquityOther
200000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
4387000000 usd
CY2022Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
27300000 usd
CY2022Q4 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-2600000 usd
CY2022Q4 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
32900000 usd
CY2022Q4 us-gaap Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
6.85
CY2022Q4 us-gaap Dividends Preferred Stock Paidinkind
DividendsPreferredStockPaidinkind
3921300000 usd
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2022Q4 us-gaap Dividends Common Stock
DividendsCommonStock
64200000 usd
CY2022Q4 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
14300000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
375500000 usd
CY2022Q4 us-gaap Stockholders Equity Other
StockholdersEquityOther
1300000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
819000000.0 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
517100000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
4500000 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
8000000 usd
CY2023Q4 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
27600000 usd
CY2022Q4 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
64500000 usd
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
87800000 usd
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
181400000 usd
CY2023Q2 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
50000 shares
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
2903200 shares
aci Convertible Preferred Stock Outstanding Percentage
ConvertiblePreferredStockOutstandingPercentage
1
aci Convertible Preferred Stock Outstanding Percentage
ConvertiblePreferredStockOutstandingPercentage
1
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
95100000 usd
CY2023Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.208
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
120900000 usd
CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
228700000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.179
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-49700000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
381600000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.241
aci Number Of Divisions
NumberOfDivisions
12 division
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2023Q4 aci Number Of Store Format
NumberOfStoreFormat
1 format
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
121100000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
115000000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
34300000 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
37500000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
45100000 usd
CY2023Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
53200000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
479900000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
8534800000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
8910100000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
737800000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1075700000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7797000000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7834400000 usd
CY2023Q4 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
4100000 usd
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
14500000 usd
CY2022Q4 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
14100000 usd
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
19100000 usd
CY2023Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
3400000 usd
CY2022Q3 aci Multiemployer Plan Pension Additional Funding
MultiemployerPlanPensionAdditionalFunding
120000000 usd
us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
3900000 usd
us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
4700000 usd
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-200000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-600000 usd
us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-4400000 usd
us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
-500000 usd
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-1000000.0 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2900000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
361400000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
375500000 usd
us-gaap Net Income Loss
NetIncomeLoss
1045500000 usd
us-gaap Net Income Loss
NetIncomeLoss
1202400000 usd
CY2023Q4 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 usd
CY2022Q4 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
252200000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
252200000 usd
CY2023Q4 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 usd
CY2022Q4 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
14200000 usd
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
300000 usd
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
38300000 usd
CY2023Q4 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 usd
CY2022Q4 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
700000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 usd
CY2023Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
361400000 usd
CY2022Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
109100000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1044500000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
911900000 usd
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
576200000 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
534600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
575200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
525400000 shares
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.82
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.74
CY2023Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
361400000 usd
CY2022Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
109100000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1044500000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
911900000 usd
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
576200000 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
534600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
575200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
525400000 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
581100000 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
538600000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
580500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
529800000 shares
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.72
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
aci-20231202_cal.xml Edgar Link unprocessable
aci-20231202_def.xml Edgar Link unprocessable
0001646972-24-000009-index-headers.html Edgar Link pending
0001646972-24-000009-index.html Edgar Link pending
0001646972-24-000009.txt Edgar Link pending
0001646972-24-000009-xbrl.zip Edgar Link pending
aci-20231202.htm Edgar Link pending
aci-20231202.xsd Edgar Link pending
aci-20231202_g1.jpg Edgar Link pending
aciq3-23ex311.htm Edgar Link pending
aciq3-23ex312.htm Edgar Link pending
aciq3-23ex321.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
aci-20231202_lab.xml Edgar Link unprocessable
aci-20231202_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
aci-20231202_htm.xml Edgar Link completed
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending