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

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 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. The Motley Fool has positions in and recommends Sea Limited.

Financial Services 130

Financial Services Leveraging Financing Finance 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

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 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

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 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 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 234

Portfolios Taxes Capital Financing 234

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

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

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

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

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

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

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

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

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

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

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

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

Pension Pulse

APRIL 23, 2024

“But you have another theory, which is macroeconomic theory, that says a country should invest all it can in its own development, because that's the way it's going to increase its productivity, its incomes, its jobs, and its general wealth.” Well Leo, that's more reason for Canada's pension funds to invest more in Canada."

Pension Funds 59

Pension Funds Funds Taxes Assets 59

The Motley Fool

OCTOBER 17, 2024

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. Given the interest rate environment, we expect the average interest yield on our cash and investments will decline going into 2025.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Depreciation Taxes Capital 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

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

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

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

AUGUST 1, 2024

At the midpoint of $13 billion, we expect gross margin of approximately 38% with a tax rate of 13% and EPS of negative $0.03, all on a non-GAAP basis. And now that we've paid the capital to catch up, and I'll view this catch-up capital, you know, we had no spare capacity. As a result of these factors, we expect revenue of $12.5

Capital 240

Capital Leveraging Investors Capital Investments 240

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

AUGUST 3, 2023

Bcf a day or a very small incremental capital investment. Difference between our adjusted reported profit was primarily driven by impairments for undeveloped noncore acreage and deferred tax impacts from the Algeria production sharing contract or PSC renewal, partially offset by an environmental remediation settlement.

Taxes 130

Taxes Shareholders Capital 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

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

NOVEMBER 20, 2024

Beyond the headwinds in our supply chain, we also faced some unexpected pressure in healthcare and general liability expenses this quarter, which Jim will outline in a few minutes. 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.

Assets 130

Assets Liabilities Leveraging Portfolios 130

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

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