The Motley Fool

FEBRUARY 14, 2024

Speaking of cash, Steve will take you through the details, but the timing of our expected tax return implementation milestone achievements in our transportation business both made for a year, we expect to improve upon in 2024. And we continue to find opportunities to drive efficiencies in our capital investment programs.

Taxes 130

Taxes Capital Debt Legal 130

The Motley Fool

AUGUST 2, 2024

While we continue to maintain strong credit ratings, a solid balance sheet and an unchanged long-term earnings growth outlook, our earnings guidance for 2024 reflects a combination of lag related to our capital investments and inflationary pressures that we are experiencing simultaneously. Utility margin increased $0.4

Depreciation 130

Depreciation Amortization Capital Accounting 130

The Motley Fool

OCTOBER 24, 2023

We continue to expect FPL to realize roughly 9% average annual growth in regulatory capital employed over our current rate agreement's four-year term, which runs through 2025. FPL's capital expenditures were approximately $2.6 The sale of tax credits is serving as a new source of capital funding for NextEra Energy.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Taxes Financing Finance 100

The Motley Fool

OCTOBER 24, 2023

We continue to expect FPL to realize roughly 9% average annual growth in regulatory capital employed over our current rate agreement's four-year term, which runs through 2025. FPL's capital expenditures were approximately $2.6 The sale of tax credits is serving as a new source of capital funding for NextEra Energy.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Taxes Financing Finance 100

The Motley Fool

MAY 6, 2024

As discussed on the year-end call in February, results in 2024 reflect a combination of regulatory lag related to our capital investments and inflationary pressures. Our gas utility is making necessary investments in safety, reliability, and technology at record levels. Utility depreciation and general taxes increased $2.1

Depreciation 130

Depreciation Amortization Debt Capital 130

The Motley Fool

AUGUST 4, 2023

billion of cash after tax, which we will use to reduce debt. The sale represents an attractive exit from what has been an excellent investment for our shareholders. from the elimination of nonregulated solar investment tax credits. Second quarter GAAP results reflect a net income of $0.69 per share on an annualized basis.

Capital 130

Capital Capital Investments Shareholders Taxes 130

The Motley Fool

OCTOBER 23, 2024

We will close the transaction following necessary regulatory approvals and optimal financing and tax considerations. Capital investment for the quarter was $5.5 Capital expenditures were $5.3 We expect higher capital investment in the fourth quarter as we ramp our wireless network modernization.

Financing 130

Financing Finance Debt Capital 130

The Motley Fool

JULY 25, 2024

Before we review the financial performance for the quarter, the guidance we gave on our last call and past calls specifically excluded the impact of any FX gains or losses and assumed an effective tax rate of 20%. Income tax expense and an effective tax rate of 20% and ex-items was $2.6 million for the quarter.

Leveraging 130

Leveraging Debt Shareholders Taxes 130

Cobalt

MARCH 8, 2023

However, coming out of it , we see the power of venture capital investing as returns catapulted to several multiples beyond the initial investment — and far beyond the average buyout return. The information contained in this blog post is not legal, tax, or investment advice.

Buyout 52

Buyout Venture Capital Investment Horizon Legal 52

Pension Pulse

APRIL 29, 2024

A trusted partner and leader in the industry, Pine Gate has closed more than $7 billion in project financing and capital investment. As a trusted partner and leader in the industry, we have closed more than $7 billion in project financing and capital investment.

Stakes 59

Stakes Pension Funds Financing Finance 59

The Motley Fool

NOVEMBER 1, 2023

per share charge associated with the increased corporate tax rate in Turkiye. As previously announced, on July 15, Turkiye announced a 5% increase in the corporate tax rate from 20% to 25% that is retroactive to January 1st, 2023. Attributable net income was $15.2 million, including a $37 million or $0.18 per diluted share.

Capital 130

Capital Taxes Shareholders Returns 130

The Motley Fool

JANUARY 24, 2024

impact from higher noncash pension costs, lower capitalized interest, lower equity income from DIRECTV, and a higher effective tax rate. We achieved this free cash flow growth even with about 1 billion of higher cash taxes and about 750 million of lower cash distributions from DIRECTV. billion, with capital investments of 5.6

Amortization 130

Amortization Financing Finance Capital 130

The Motley Fool

NOVEMBER 6, 2024

While we are still finalizing capital programs beyond 2026, we are targeting annual capex spend to be in the range of approximately 12% to 13% of net revenues over the long term. We've got this $800 million pre-tax unlevered free cash flow number. With that, I'd like to turn the call over to Richard. James Hardiman -- Analyst Got it.

Capital 130

Capital Leveraging Portfolios Taxes 130

The Motley Fool

OCTOBER 30, 2024

In February of 2024, we announced a multiyear capital investment in our large reciprocating engine division to approximately double output capability compared to 2023 for new engines and aftermarket parts. We recorded a discrete tax benefit, which had an $0.11 Moving to Slide 7. favorable impact within the quarter.

Financing 130

Financing Finance Taxes Leveraging 130

The Motley Fool

NOVEMBER 5, 2024

Given when we acquired these communities, the capital invested in their development, and the rising cost of replacement projects, their inherent value is substantial. Additionally, we delivered a pre-tax net income margin of 14.1%, up 130 basis points sequentially and significantly higher than our pre-pandemic average of 12.8%.

Capital 130

Capital Debt Banks Resale 130

The Motley Fool

OCTOBER 11, 2024

increased 5%, reflecting a higher tax rate compared to a year ago. Nonoperating results for the quarter included $108 million of net investment gains, driven primarily by gains linked to a minority investment and unhedged seed capital investments. Our as-adjusted tax rate for the third quarter was 26%.

Assets 130

Assets Leveraging Mergers and Acquisitions Capital 130

The Motley Fool

AUGUST 9, 2024

And lastly, tax credits were a little better this year than we had projected, being flat year over year. How much of that difference is related to taxes, transaction fees versus construction debt repayment? There's very little tax friction on the deal, consistent with our original expectations. Sean Steuart -- Analyst OK.

Debt 130

Debt Capital Assets Shareholders 130

The Motley Fool

AUGUST 6, 2024

Our disciplined capital investments are focused on high-return projects. In refining, we are making investments predominantly in our large competitively advantaged facilities to optimize our assets and position MPC well into the future. The tax rate for the quarter was 16%, resulting in a tax provision of $373 million.

Capital 130

Capital Assets Financing Finance 130

The Motley Fool

APRIL 25, 2024

Tax expense in the quarter was $50 million. With the profitability of the business improving, the tax rate should trend toward a more normalized level over time. And we have the guidance for this year, how should we think about the evolution of the tax rate in '25 and '26, where could that fall to in the years ahead?

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Taxes Capital 130

The Motley Fool

OCTOBER 24, 2024

In Flash, the proactive measures we took during the downturn along with our disciplined capital investment strategy have significantly enhanced Western Digital's business agility and structural margin potential. Income tax expense was $124 million, and effective tax rate was 16.1%. Earnings per share was $1.78.

Portfolios 230

Portfolios Taxes Capital Financing 230

The Motley Fool

FEBRUARY 27, 2024

Of course, there are significant benefits to this, the most important of which, from our perspective, is the potential lifting of the confiscatory 280e federal taxes imposed on regulated cannabis operators, and Paul will discuss our thoughts in more detail. Moving on to rent collection.

Taxes 100

Taxes Assets Capital Debt 100

The Motley Fool

JANUARY 23, 2024

With respect to our manufacturing capabilities and capital investment plans, during the quarter, we initiated local Xi system production in China, allowing us to participate in tenders that require a domestically produced system. With regard to capital expenditures, we expect the range to total between $1 billion to $1.2

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Depreciation Capital 130

The Motley Fool

NOVEMBER 3, 2023

That includes the upfront recognition of unregulated solar investment tax credits and certain gains from asset sales. billion of after-tax proceeds to reducing debt. The decrease reflects updated and refined estimates around production tax credit, cost of capital, and REC values. utility customer.

Financing 100

Financing Finance Taxes Shareholders 100

The Motley Fool

NOVEMBER 3, 2023

I'll describe earnings drivers on an after-tax basis using the statutory tax rate of 26.5%. Utility depreciation and general taxes increased $7.3 million due to additional capital investments. Year to date, we've invested $243 million in our systems related to safety reliability, and technology.

Amortization 100

Amortization Taxes Financing Finance 100

The Motley Fool

FEBRUARY 22, 2024

We intend to apply 100% of the estimated after-tax proceeds of nearly $9 billion to reduce parent-level debt, which, based on current rates, will result in a reduction of around $500 million of pre-tax interest expense annually. Next, Virginia regulation. Turning to Slide 15. This resulted in a $0.02 quarterly and $0.07

Taxes 130

Taxes Assets Accounting Shareholders 130

The Motley Fool

FEBRUARY 13, 2024

2023 free cash flow included a transition tax payment of approximately $720 million which was approximately $340 million higher than the prior year and included approximately $230 million in M&A-related payments. Our underlying free cash flow growth was largely attributable to strong operational performance and working capital benefits.

Taxes 130

Taxes Leveraging Banks Capital 130

The Motley Fool

NOVEMBER 5, 2024

million pre-tax unfavorable impact is driven by the use of cash to fund the NuVasive line of credit paydown at merger close; B, fund share repurchases related to our buyback plan; and C, interest expense from the senior convertible note, which is assumed from NuVasive at merger close. The GAAP tax rate for the third quarter was 9.1%

Mergers and Acquisitions 130

Mergers and Acquisitions Securities and Exchange Commission (SEC) Capital Taxes 130

The Motley Fool

OCTOBER 10, 2024

Consequently, we anticipate longer periods between industry technology transitions and moderating capital investment over time to align industry supply with demand. This can reduce both R&D expense growth and capital intensity in NAND over time, which can contribute to the improved financial health of the NAND industry.

Taxes 130

Taxes Leveraging Capital Portfolios 130

The Motley Fool

OCTOBER 17, 2024

Both figures are on a pre-tax basis and were up from the levels incurred in recent quarters due to the high cost of power during the peak summer months and time taken for some corrective outages that impacted our volumes. CMC's effective tax rate was 22.3% million, excluding depreciation. Including depreciation, costs amounted to $25.3

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Capital Shareholders Banks 130

The Motley Fool

FEBRUARY 12, 2024

due to a one-time favorable tax rate. million, and our effective tax rate was 16.8%. The lower-than-normal quarterly tax rate reflected the release of tax reserves due to the expiration of the statute limitations and some true-up of jurisdictional earnings mix. Back to some Q4 specifics, we delivered revenues of $1.54

Taxes 130

Taxes Banks Bidding Capital 130

The Motley Fool

OCTOBER 31, 2023

billion in net after-tax proceeds, which we anticipate will be used for debt reduction. Keep in mind that these CDN contracts were part of our Harvest portfolio and have received little capital investment in recent years. And now we've got this kind of mysterious tax refund that's showing up. Thanks, guys.

Debt 130

Debt Taxes Banks Leveraging 130

The Motley Fool

APRIL 18, 2024

Our pro forma effective tax rate for the first quarter was 22.5%, consistent with our expectations. First quarter GAAP tax expense was a benefit of $9 million, reflecting excess tax benefits associated with employee equity plans of $111 million. Pro forma other income was $72.5 million for Q1, higher than $67.1

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Capital Banks 130

The Motley Fool

JULY 30, 2024

Our losses on investments accounted for under the equity method were as expected. Our effective tax rate was approximately 19%, higher than anticipated due to a state tax law signed in June that was affected retroactively. And finally, we expect our FY '25 effective tax rate to be around 19%. And finally, we returned $8.4

Securities and Exchange Commission (SEC) 241

Securities and Exchange Commission (SEC) Capital Accounting Assets 241

The Motley Fool

JANUARY 16, 2024

retail sales and a 21-percentage-point headwind from a higher adjusted effective tax rate. GAAP net loss for the first quarter included $278 million after-tax charge for fair value adjustments on variable prepaid forward derivatives related to Cencora shares. billion after-tax charge for opioid-related claims and lawsuits and $0.9

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Taxes Assets 130

The Motley Fool

APRIL 17, 2024

We remain equally confident in our business strategy to invest in both the quality and scale of our market-leading assets in Macao. Our capital investment programs ensure that we will continue to be the market leader in the years ahead. We have now commenced the next phase of our capital investment program at Marina Bay Sands.

Assets 130

Assets Banks Capital Capital Investments 130

The Motley Fool

OCTOBER 31, 2024

These charges have three main components: first, we impaired our deferred tax asset balance by nearly $10 billion, which was triggered by cumulative GAAP-based losses over the last three years; second, a $2.6 billion sequentially on better working capital. Beyond those impairment charges, we also were impacted by $15.6 million to $14.3

Leveraging 130

Leveraging Taxes Capital Shareholders 130

The Motley Fool

NOVEMBER 20, 2024

Traffic growth shows that we're winning with our guests, and we're making the long-term investments that have delivered strong performance over decades. This includes capital investments in our existing stores in full remodels, smaller refreshes, and layout changes to increase the efficiency of our same-day services.

Assets 130

Assets Liabilities Leveraging Portfolios 130