The Motley Fool

OCTOBER 24, 2023

NextEra Energy has clear growth visibility through FPL's capital plan and Energy Resources' over 21 gigawatt renewables and storage backlog. 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. billion to $1.8

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Taxes Financing Finance 100

The Big Picture

OCTOBER 3, 2023

We dive deep into all sorts of things about running businesses, managing risk, and then when we began talking about his public sector service, we went deep into the Tax Cuts and Job Act of 2017. 00:29:57 You’ve got a big banking business that you care about, and you’ve got a lot more aspects of the company that you care about.

Taxes 108

Taxes Banks Capital Debt 108

The Motley Fool

OCTOBER 28, 2023

You've had economists at Danske Bank blamed Beyonce for surprisingly high inflation back in May because she began her tour back in Stockholm. Just keep in mind that for this investment to work out, you're going to need to see many multiples of these spheres being deployed in the world. It's all taxed at lower rates.

Companies 130

Companies Taxes Assets Accounting 130

Pension Pulse

MAY 13, 2024

Bob Baldwin wrote an op-ed for the Globe and Mail stating a proposal to encourage more pension fund investing at home is wrong for Canada: Last month’s budget unveiled a working group led by former Bank of Canada governor Stephen Poloz to collaborate with pension fund leaders to encourage funds to invest more of their assets in Canada.

Pension Funds 52

Pension Funds Financing Finance Banks 52

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

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.”

Pension Funds 59

Pension Funds Funds Taxes Assets 59

The Motley Fool

MAY 2, 2024

billion related to lower lithium pricing in both Energy Storage and Specialties, $90 million in cost of goods sold due to timing of higher priced spodumene inventories built in prior periods, and $270 million related to pre-tax equity income primarily from our Talison JV. Operator Our next question is from Steve Byrne, Bank of America.

Bidding 130

Bidding Taxes Capital Assets 130

The Motley Fool

APRIL 26, 2024

Last, I will touch on a couple of additional items in terms of capital investments and capital allocation. We continue to expect total HDI capital investments in the range of $225 million to $250 million. Operator Our next question comes from Alex Perry from Bank of America. Thanks a lot. Please go ahead.

Financing 246

Financing Finance Capital Leveraging 246

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 Capital Financing Finance 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

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

APRIL 12, 2024

Nonoperating results for the quarter included $90 million of net investment gains, driven primarily by mark-to-market noncash gains on our unhedged seed capital investments and minority investment in Investec. These inflows were partially offset by seasonal tax trading-related outflows from our U.S. Good morning.

Performance Fees 130

Performance Fees Assets Leveraging 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 Portfolios 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

APRIL 10, 2024

Earlier this morning, we reported our March quarter results, posting pre-tax earnings of $380 million or $0.45 billion, and we delivered a return on invested capital of nearly 14%, putting Delta's returns in the top half of the S&P 500. Your next question is coming from Mike Linenberg from Deutsche Bank.

Legal 130

Legal Banks Debt 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. Operator And we will go to the next line, Travis Steed, Bank of America.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Capital Banks 130

The Motley Fool

JANUARY 30, 2024

As we execute in 2024, we remain committed to share repurchases as a key component of our capital allocation priorities. MPC's stand-alone 2024 capital investment plan, excluding MPLX, totals $1.25 Underpinning our commitment to safety and environmental performance, sustaining capital is approximately 35% of capital spend.

Capital 130

Capital Shareholders Debt Assets 130

The Motley Fool

OCTOBER 31, 2023

billion in net after-tax proceeds, which we anticipate will be used for debt reduction. The closing of the transaction is subject to the satisfaction of certain conditions, including completing work with our banks to extend our revolver in term loan A and getting approval from other creditors as needed. billion of new financing.

Debt 130

Debt Taxes Leveraging Banks 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 Assets Taxes 130

The Motley Fool

FEBRUARY 22, 2024

See the 10 stocks *Stock Advisor returns as of February 20, 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. Moving to fourth-quarter results. Turning to 2024.

Prospects 100

Prospects Capital Assets Debt 100

The Motley Fool

MAY 9, 2024

As we noted previously, the most important impact of that reclassification is expected to be the elimination of the 280E tax treatment with an immediate significant boost to operator financials across the board. We are also continuing to source new banking relationships to provide additional capital for the company.

Legal 130

Legal Capital Banks Assets 130

The Motley Fool

OCTOBER 25, 2023

This includes the first quarter of 2023, when there was a three-week hiatus in orders as a result of the failure of several regional banks. Looking at capital deployment, capital expenditures were $227 million in the quarter, or 2.1% Operator We will take our next question from Scott Deuschle with Deutsche Bank.

Banks 182

Banks Capital Companies Taxes 182

The Motley Fool

AUGUST 1, 2023

The tax rate for the second quarter was 18.4%, resulting in a tax provision of approximately $583 million. Our tax provision included a $53 million discrete benefit related to prior years. These disciplined capital investments, along with our focus on cost and portfolio optimization are expected to grow our cash flows.

Capital 130

Capital Taxes Banks Returns 130

The Motley Fool

APRIL 30, 2024

And we continue to forecast that 2024 will represent our peak year for capital expenditures. As these capital investments trend down over the next few years, we expect to convert even more of our EBITDA into free cash flow. As with any equity investments, these investments are outside of free cash flow. Thank you.

Banks 130

Banks Leveraging Capital Financing 130

The Motley Fool

MAY 7, 2024

David Gardner: Matt, you mentioned that companies typically pay their dividends out of cash flow, if they have it and many do, usually the companies that are paying dividends can afford to do so and maybe they didn't have a good year for cash flow, but they have a balance sheet where that company has cash in the bank. Matt Argersinger: Sure.

Shareholders 130

Shareholders Taxes Capital Companies 130

The Motley Fool

MARCH 14, 2024

We accomplished this by both negotiating option deals with landowners and developers, and we also -- and also creating structured land bank strategies, often with private equity capital. Private equity capital can be fickle. With the prior spin, we were focused, number one, on a tax-free spin. years from 1.9

Debt 147

Debt Capital Banks Leveraging 147

The Motley Fool

FEBRUARY 2, 2024

Pertaining to our financial results, in the fourth quarter, we recorded a net after-tax special item charge of $552 million, or $1.88 billion, after-tax adjusted earnings growing to $2 billion, and adjusted earnings per share growing to $6.79. billion, and pre-tax adjusted earnings grew 10% to $1.9

Portfolios 130

Portfolios Capital Leveraging Taxes 130

The Motley Fool

JULY 25, 2023

We continue to expect FPL to realize roughly 9% and average annual growth in regulatory capital employed over our current settlement agreements for your term, which runs through 2025 FPL's capital expenditures were approximately $2.5 billion for the quarter, and we now expect FPL's full year 2023 capital investments to be between $8.5

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Leveraging Assets Capital 100

The Motley Fool

JULY 25, 2023

We continue to expect FPL to realize roughly 9% and average annual growth in regulatory capital employed over our current settlement agreements for your term, which runs through 2025 FPL's capital expenditures were approximately $2.5 billion for the quarter, and we now expect FPL's full year 2023 capital investments to be between $8.5

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Leveraging Assets Capital 100

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.

Capital 130

Capital Taxes Shareholders Assets 130

The Big Picture

MARCH 5, 2024

So I saw many companies then taxed and financial services. So a town 20 minutes from Burn, it was a tax free Canton. But no taxes, no income taxes. And so I remember back, back in 2005 when we first started, you know, we think about the banks. It was, 00:05:08 [Speaker Changed] It was Freeburg.

Capital 57

Capital Hedge Funds Banks Assets 57

The Motley Fool

JULY 27, 2023

A lower adjusted effective tax rate contributed $0.06 Net below-the-line impact, which is the difference between segment profit and income before tax, is expected to be in the range of negative $120 million to $170 million in the third quarter and negative $500 million to negative $625 million for the full year. Yeah, Can you hear me?

Banks 130

Banks Portfolios Capital Leveraging 130

The Motley Fool

MAY 9, 2024

Regarding the use of cash during the quarter, we spent $57 million on capital investments, which was in line with expectations and consistent with our plans to invest between $210 million and $220 million for the full year. Chris Woronka -- Deutsche Bank -- Analyst Hey. Chris Woronka -- Deutsche Bank -- Analyst OK.

Banks 130

Banks Capital Portfolios Debt 130

The Motley Fool

NOVEMBER 1, 2023

In Italy, the residential market has been sluggish since the super bonus tax credit ended earlier this year. Our non-GAAP tax expense was $46.6 The unusual result is mostly due to the amortization of R&D expenses for tax purposes, as well as temporarily higher tax rate related to the quarterly tax calculation methodology.

Taxes 100

Taxes Banks Capital Amortization 100

The Motley Fool

APRIL 23, 2024

This year, we will invest about $3 billion in company funded R&D along with $5 billion in customer funded R&D to develop new technologies and products. billion of capital investment in 2024. And our effective tax rate for the quarter included a current period foreign tax benefit. was up 10% year over year.

Mergers and Acquisitions 130

Mergers and Acquisitions Banks Portfolios Leveraging 130

The Motley Fool

OCTOBER 24, 2023

And with Viva, we have created a new market category for employee experience, helping companies like Dell, Lloyds Banking Group, and PayPal build high-performance organizations. Our effective tax rate was approximately 18%. We expect our Q2 effective tax rate to be between 19% and 20%. Now on to security. dollar basis.

Securities and Exchange Commission (SEC) 245

Securities and Exchange Commission (SEC) Leveraging Accounting Banks 245

The Motley Fool

FEBRUARY 15, 2024

billion in pre-tax income for the third time in its history, due largely to lower energy costs and an efficient planned turnaround at our Ingleside plant, even as product markets soften compared to 2022. Our 2024 midcycle capital investments will position us to continue the exciting projects that we started last year.

Assets 130

Assets Capital Debt Shareholders 130