2023 Q4 Form 10-Q Financial Statement
#000078878423000008 Filed on October 31, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $2.605B | $2.456B |
YoY Change | -17.01% | 8.1% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $337.0M | $282.0M |
YoY Change | 5.31% | -11.32% |
% of Gross Profit | ||
Operating Expenses | $1.906B | $1.905B |
YoY Change | -11.02% | -6.94% |
Operating Profit | $551.0M | |
YoY Change | 218.5% | |
Interest Expense | -$53.00M | $185.0M |
YoY Change | -30.26% | 13.5% |
% of Operating Profit | 33.58% | |
Other Income/Expense, Net | $48.00M | $41.00M |
YoY Change | -58.26% | -4.65% |
Pretax Income | $687.0M | $65.00M |
YoY Change | -31.51% | 18.18% |
Income Tax | $141.0M | -$74.00M |
% Of Pretax Income | 20.52% | -113.85% |
Net Earnings | $546.0M | $139.0M |
YoY Change | -30.71% | 21.93% |
Net Earnings / Revenue | 20.96% | 5.66% |
Basic Earnings Per Share | $0.28 | |
Diluted Earnings Per Share | $1.09 | $0.27 |
COMMON SHARES | ||
Basic Shares Outstanding | 498.3M shares | 499.1M shares |
Diluted Shares Outstanding | 500.0M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $54.00M | $57.00M |
YoY Change | -88.39% | -84.88% |
Cash & Equivalents | $54.00M | $57.00M |
Short-Term Investments | ||
Other Short-Term Assets | $31.00M | $42.00M |
YoY Change | -6.06% | -17.65% |
Inventory | $1.023B | $970.0M |
Prepaid Expenses | $144.0M | $297.0M |
Receivables | $1.482B | $1.417B |
Other Receivables | $10.00M | $8.000M |
Total Short-Term Assets | $3.373B | $3.283B |
YoY Change | -21.61% | -20.02% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $38.21B | $37.63B |
YoY Change | 5.79% | 5.62% |
Goodwill | ||
YoY Change | ||
Intangibles | $23.00M | |
YoY Change | -66.67% | |
Long-Term Investments | $295.0M | $298.0M |
YoY Change | -52.72% | -49.83% |
Other Assets | $342.0M | $323.0M |
YoY Change | 26.2% | 24.71% |
Total Long-Term Assets | $47.37B | $46.27B |
YoY Change | 6.65% | 6.03% |
TOTAL ASSETS | ||
Total Short-Term Assets | $3.373B | $3.283B |
Total Long-Term Assets | $47.37B | $46.27B |
Total Assets | $50.74B | $49.55B |
YoY Change | 4.15% | 3.79% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.214B | $1.120B |
YoY Change | -4.48% | -6.2% |
Accrued Expenses | $205.0M | $174.0M |
YoY Change | 17.82% | -5.43% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $949.0M | $695.0M |
YoY Change | -56.86% | -68.9% |
Long-Term Debt Due | $1.500B | $2.000B |
YoY Change | -4.76% | 31.15% |
Total Short-Term Liabilities | $5.057B | $5.190B |
YoY Change | -24.3% | -23.74% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $17.78B | $17.04B |
YoY Change | 7.81% | 5.5% |
Other Long-Term Liabilities | $201.0M | $200.0M |
YoY Change | 1.01% | -3.85% |
Total Long-Term Liabilities | $12.42B | $12.16B |
YoY Change | 5.15% | 5.4% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $5.057B | $5.190B |
Total Long-Term Liabilities | $12.42B | $12.16B |
Total Liabilities | $17.48B | $17.35B |
YoY Change | -5.48% | -5.41% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $12.02B | $11.76B |
YoY Change | 13.46% | 16.71% |
Common Stock | $5.018B | $5.008B |
YoY Change | -0.93% | -0.87% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $15.48B | $15.17B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $50.74B | $49.55B |
YoY Change | 4.15% | 3.79% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $546.0M | $139.0M |
YoY Change | -30.71% | 21.93% |
Depreciation, Depletion And Amortization | $337.0M | $282.0M |
YoY Change | 5.31% | -11.32% |
Cash From Operating Activities | $710.0M | $687.0M |
YoY Change | -11.47% | 99.13% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $965.0M | $916.0M |
YoY Change | 20.63% | -214.93% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $37.00M | -$2.355B |
YoY Change | -1950.0% | 7036.36% |
Cash From Investing Activities | -$928.0M | -$911.0M |
YoY Change | 15.71% | 9.76% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 217.0M | -273.0M |
YoY Change | 133.33% | -79.67% |
NET CHANGE | ||
Cash From Operating Activities | 710.0M | 687.0M |
Cash From Investing Activities | -928.0M | -911.0M |
Cash From Financing Activities | 217.0M | -273.0M |
Net Change In Cash | -1.000M | -497.0M |
YoY Change | -101.08% | -72.81% |
FREE CASH FLOW | ||
Cash From Operating Activities | $710.0M | $687.0M |
Capital Expenditures | $965.0M | $916.0M |
Free Cash Flow | -$255.0M | -$229.0M |
YoY Change | -12850.0% | -120.05% |
Facts In Submission
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Other Comprehensive Income Loss Tax
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Common Stock Dividends Per Share Cash Paid
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Net Income Loss
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Other Comprehensive Income Loss Tax
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Other Nonoperating Income Expense
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Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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Pre Tax Income
PreTaxIncome
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CY2022Q3 | pseg |
Pre Tax Income
PreTaxIncome
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Pre Tax Income
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Pre Tax Income
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CY2023Q3 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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14000000 | usd |
CY2022Q3 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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503000000 | usd | |
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Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2023Q3 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
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CY2022Q3 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
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Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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157000000 | usd | |
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Income Tax Reconciliation State And Local Income Taxes
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Income Tax Reconciliation Deductions Nuclear Decommissioning Trust
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Income Tax Reconciliation Deductions Nuclear Decommissioning Trust
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Income Tax Reconciliation Deductions Nuclear Decommissioning Trust
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Income Tax Reconciliation Deductions Nuclear Decommissioning Trust
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Uncertain Tax Positions
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Effective Income Tax Rate Reconciliation Leasing Activities Amount
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Effective Income Tax Rate Reconciliation Leasing Activities Amount
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Effective Income Tax Rate Reconciliation Leasing Activities Amount
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Effective Income Tax Rate Reconciliation Leasing Activities Amount
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Effective Income Tax Rate Reconciliation Gprc
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Effective Income Tax Rate Reconciliation Gprc
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Effective Income Tax Rate Reconciliation Gprc
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Effective Income Tax Rate Reconciliation Gprc
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Effective Income Tax Reconciliation Tax Credit Amortization Recapture
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Effective Income Tax Reconciliation Tax Credit Amortization Recapture
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Effective Income Tax Reconciliation Tax Credit Amortization Recapture
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Effective Income Tax Reconciliation Tax Credit Amortization Recapture
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CY2023Q3 | pseg |
Effective Tax Rate Reconciliation Effective Tax Rate Adjustment
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CY2022Q3 | pseg |
Effective Tax Rate Reconciliation Effective Tax Rate Adjustment
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Effective Tax Rate Reconciliation Effective Tax Rate Adjustment
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Effective Tax Rate Reconciliation Effective Tax Rate Adjustment
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Effective Income Tax Rate Reconciliation Tax Adjustment Credit Amount
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CY2022Q3 | pseg |
Effective Income Tax Rate Reconciliation Tax Adjustment Credit Amount
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Effective Income Tax Rate Reconciliation Tax Adjustment Credit Amount
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Effective Income Tax Rate Reconciliation Tax Adjustment Credit Amount
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Effective Income Tax Rate Reconciliation Bad Debt Flow Through
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CY2022Q3 | pseg |
Effective Income Tax Rate Reconciliation Bad Debt Flow Through
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Effective Income Tax Rate Reconciliation Bad Debt Flow Through
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Effective Income Tax Rate Reconciliation Bad Debt Flow Through
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CY2023Q3 | us-gaap |
Income Tax Reconciliation Other Adjustments
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CY2022Q3 | us-gaap |
Income Tax Reconciliation Other Adjustments
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Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
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CY2023Q3 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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CY2022Q3 | us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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us-gaap |
Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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Income Tax Provision
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Income Tax Provision
IncomeTaxProvision
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Income Tax Provision
IncomeTaxProvision
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Income Tax Provision
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Effective Income Tax Rate Continuing Operations
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Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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|
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CY2023Q3 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
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CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2023Q3 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
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CY2023Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
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CY2022Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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Other Comprehensive Income Loss Net Of Tax
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CY2023Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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us-gaap |
Other Comprehensive Income Loss Net Of Tax
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Pension Lift Out Settlement Charge
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Pension Settlement Charge Tax
PensionSettlementChargeTax
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Pension Lift Out Settlement Charge Net Of Tax
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Pension Lift Out Settlement Charge
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Pension Settlement Charge Tax
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Pension Lift Out Settlement Charge Net Of Tax
PensionLiftOutSettlementChargeNetOfTax
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CY2023Q3 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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Reclassificationfrom Accumulated Other Comprehensive Income Current Period Tax
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CY2023Q3 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
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Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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Reclassificationfrom Accumulated Other Comprehensive Income Current Period Tax
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Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
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CY2022Q3 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
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Reclassificationfrom Accumulated Other Comprehensive Income Current Period Tax
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Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2023Q3 | us-gaap |
Net Income Loss
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CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
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CY2022Q3 | us-gaap |
Net Income Loss
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CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
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us-gaap |
Net Income Loss
NetIncomeLoss
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us-gaap |
Net Income Loss
NetIncomeLoss
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us-gaap |
Net Income Loss
NetIncomeLoss
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Net Income Loss
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Weighted Average Common Shares Outstanding Before Various Effects Basic
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Weighted Average Common Shares Outstanding Before Various Effects Basic
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Weighted Average Common Shares Outstanding Before Various Effects Basic
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Weighted Average Common Shares Outstanding Before Various Effects Diluted
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Incremental Common Shares Attributable To Share Based Payment Arrangements Basic
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsBasic
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Incremental Common Shares Attributable To Share Based Payment Arrangements Basic
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsBasic
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us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
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CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
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CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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|
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CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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Weighted Average Number Of Shares Outstanding Basic
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us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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Weighted Average Number Of Shares Outstanding Basic
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us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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|
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|
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CY2023Q3 | us-gaap |
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CY2022Q3 | us-gaap |
Earnings Per Share Basic
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CY2022Q3 | us-gaap |
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us-gaap |
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us-gaap |
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us-gaap |
Earnings Per Share Basic
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us-gaap |
Earnings Per Share Diluted
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|
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CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
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|
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CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
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|
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us-gaap |
Common Stock Dividends Per Share Cash Paid
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|
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us-gaap |
Common Stock Dividends Per Share Cash Paid
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|
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CY2023Q3 | us-gaap |
Payments Of Dividends Common Stock
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|
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CY2022Q3 | us-gaap |
Payments Of Dividends Common Stock
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Payments Of Dividends Common Stock
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us-gaap |
Payments Of Dividends Common Stock
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CY2023Q3 | us-gaap |
Revenues
Revenues
|
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Net Income Loss
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|
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Property Plant And Equipment Additions
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Revenues
Revenues
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us-gaap |
Net Income Loss
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us-gaap |
Property Plant And Equipment Additions
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CY2022Q3 | us-gaap |
Revenues
Revenues
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CY2022Q3 | us-gaap |
Net Income Loss
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Property Plant And Equipment Additions
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us-gaap |
Revenues
Revenues
|
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us-gaap |
Net Income Loss
NetIncomeLoss
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us-gaap |
Property Plant And Equipment Additions
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Assets
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SegmentReportingInvestmentsInEquityMethodSubsidiaries
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Assets
Assets
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Segment Reporting Investments In Equity Method Subsidiaries
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Pension Lift Out Settlement Charge Net Of Tax
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Pension Lift Out Settlement Charge Net Of Tax
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Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
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Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
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