The Motley Fool

NOVEMBER 12, 2024

We had a net income tax expense of $93 million in the third quarter of 2024 compared to net income tax expense of $62 million in the third quarter of 2023. Regarding the second questions, regarding the question on the logistic investment.

Financial Services 130

Financial Services Leveraging Financing Finance 130

The Motley Fool

FEBRUARY 23, 2024

While we continue to maintain strong credit ratings, a solid balance sheet, and long-term earnings growth outlook of 4% to 6%, our earnings guidance for 2024 reflects a combination of lag related to our capital investments and inflationary pressures that we are experiencing simultaneously. million due to additional capital investments.

Depreciation 130

Depreciation Amortization Debt Capital 130

The Motley Fool

NOVEMBER 12, 2024

In 2024, we've been focused on executing on our capital investment plan, regulatory dockets, and growth opportunities with great success. million after-tax noncash disallowance, which will be recognized in our fourth quarter results. Utility depreciation and general taxes increased $3.6 This will result in a $10.1

Depreciation 130

Depreciation Taxes Capital Financing 130

The Motley Fool

AUGUST 1, 2024

to invest $155 million at a 10.5% CAFD yield with an investment structure that both provides desirable market participation and extended tax runway benefits. In a reflection of our enterprises scale and forward thinking, Clearway Group has already made investments in 7.8 to extend its federal tax runway.

Taxes 130

Taxes Debt Shareholders Capital 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) 246

Securities and Exchange Commission (SEC) Capital Accounting Assets 246

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 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 Shareholders Capital Investments Taxes 130

The Motley Fool

AUGUST 7, 2024

Year-over-year results were also impacted by increased technology investment across the enterprise and the lapping of prior year integration costs result -- related to the SCRI joint venture in Rx Savings Solutions. As a reminder, we had a net discrete tax benefit of $147 million in the first quarter of the prior year.

Taxes 130

Taxes Leveraging Assets Capital 130

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 Asset Management 130

The Motley Fool

APRIL 25, 2024

Our AI-powered collaborative articles, which has reached over 12 million contributions are helping increase engagement on the platform, which reached a new record this quarter. This quarter, other income and expense was negative $854 million, lower than anticipated, driven by losses on investments accounted for under the equity method.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Accounting Leveraging Capital 246

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

NOVEMBER 8, 2024

Third quarter capital expenditures were in line with forecast, and we still expect our full year capital expenditures to be about $6.2 The wells that came on production in first half of 2024 actually paid back their capital investment in aggregate by July 1st. price realizations of $76.95 per barrel of oil and $1.84

Debt 130

Debt Shareholders Leveraging Capital 130

The Motley Fool

OCTOBER 17, 2024

There are over 100 peer-reviewed articles assessing Ion. The SP clinical evidence base stands at over 500 peer-reviewed journal articles. As a reminder, given recent and ongoing capital investments, we expect a significant increase in depreciation expense in 2025 as we bring online additional facilities.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Depreciation Taxes Capital 130

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 Assets 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

The Motley Fool

FEBRUARY 13, 2025

We are modeling a tax rate of approximately 13%. We are making significant investments in R&D to grow our share at the leading-edge, and we are increasing our capital investments to be the leader in high-velocity co-innovation with our customers. And then, Brice, just a modeling question on that tax asset revaluation.

Taxes 130

Taxes Assets Companies Shareholders 130

The Motley Fool

AUGUST 3, 2023

I'll describe earnings drivers on an after-tax basis using a statutory tax rate of 26.5%. Depreciation and general taxes collectively increased $3.2 million from additional capital investments in the last year. Utility depreciation and general taxes increased $6.5 Other income increased $3.3

Amortization 100

Amortization Taxes Depreciation Debt 100

The Motley Fool

MARCH 8, 2024

Year to date, we've made capital investments of 15.5 That depreciation and amortization expense represents 57% of capital invested. And as we continue to replace our aged infrastructure, we expect that ratio of depreciation, as a percentage of capital investment, to increase. million for the same period.

Depreciation 130

Depreciation Amortization Assets Capital 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 7, 2024

See 3 “Double Down” stocks » *Stock Advisor returns as of November 4, 2024 Consistent with previous reporting practices, adjusted production numbers cited in today's call are adjusted to exclude noncontrolling interest in Egypt and Egypt tax barrels. We now carry an after-tax present value liability of $1.2 per diluted common share.

Liabilities 130

Liabilities Taxes Prospects Assets 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

NOVEMBER 7, 2024

Loss before income tax improved to $17.8 Over time, we would increase JForce activations in these markets to meet more potential consumers where they lack significant capital investments. We will continue to exercise discipline in allocating capital toward marketing and upcountry expansion. million in Q3 '23.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Financing Finance Capital 130

The Motley Fool

JULY 24, 2024

We are making smart capital investments in low-cost solar generation and battery storage. We have shouldered this additional growth through our reserve amortization mechanism, which enables FPL to absorb the cost for these capital investments without increasing customer bills in the interim.

Amortization 130

Amortization Securities and Exchange Commission (SEC) Capital Assets 130

The Motley Fool

JULY 24, 2024

We are making smart capital investments in low-cost solar generation and battery storage. We have shouldered this additional growth through our reserve amortization mechanism, which enables FPL to absorb the cost for these capital investments without increasing customer bills in the interim.

Amortization 130

Amortization Securities and Exchange Commission (SEC) Capital Assets 130

The Motley Fool

AUGUST 23, 2023

as customers direct their capital investments to AI and accelerated computing. GAAP and non-GAAP other income and expenses are expected to be an income of approximately 100 million, excluding gains and losses from nonaffiliated investments. We expect supply to increase each quarter through next year.

Securities and Exchange Commission (SEC) 245

Securities and Exchange Commission (SEC) Capital Capital Investments Companies 245

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 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 Leveraging 130

The Motley Fool

JANUARY 25, 2024

To date, we have repowered 6 gigawatts of our existing 24-gigawatt wind operating fleet, investing roughly 50% to 80% of the cost of a new build and starting a new 10 years of production tax credits, resulting in attractive returns for shareholders. By 2026, Energy Resources wind footprint could be roughly 32 gigawatts. versus 2022.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Taxes Financing Finance 100

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

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

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

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

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

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

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 Mutual Funds 130

The Motley Fool

MARCH 21, 2024

Considering the broader Canadian cannabis industry context and the CRA's garnishments to combat an estimated 300 million in unpaid excise taxes, SNDL's financial health places us in an enviable position. There obviously have been reports about the CRA cracking down on delayed excise taxes. And then if I can just add one more.

Mergers and Acquisitions 130

Mergers and Acquisitions Shareholders Capital Liabilities 130