Question: What was UnitedHealth Group's total net earnings in 2023?

UnitedHealth Group reported net earnings of $23,144 million in 2023.

We continue to monitor external factors like supply chain disruptions and work to minimize these challenges to meet customer demand, while assessing the environment for any additional actions needed.

For the year ended December 31, 2023, Ford reported consolidated revenues of $176,191 million.

FDICIA establishes five capital categories for FDIC-insured banks, such as GS Bank USA: well-capitalized, adequately capitalized, undercapitalized, significantly undercapitalized and critically undercapitalized.

In July 2022, the borrowing capacity under the back-up facilities expanded from $3.0 billion to $5.0 billion.

The total payments volume growth rate for Visa Inc. changed by 9% between 2021 and 2022.

The management and franchise segment includes all of the hotels we manage for third-party owners, as well as all franchised hotels that license our IP and where we provide other contracted services, but the day-to-day services of the hotels are operated or managed by someone other than us. Revenues from this segment include: management and franchise fees charged to third-party hotel owners, licensing fees from strategic partners, including co-branded credit card providers, and HGV, and fees for managing hotels in our ownership segment.

The Company's internal control over financial reporting as of January 28, 2023, was audited based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).


Question: What is the purpose of the POS plans offered by Humana?

Point of Service, or POS, plans allow members to choose, at the time medical services are needed, to seek care from a provider within the plan's network or outside the network. POS plans combine the advantages of HMO plans with the flexibility of PPO plans.

The Report of Independent Registered Public Accounting Firm, our Financial Statements, the accompanying Notes to the Financial Statements, and the Financial Statement Schedule that are filed as part of this Report are listed under “Item 15. Exhibits and Financial Statement Schedules” and are set forth beginning on page 105 immediately following the signature pages of this Report.

'Acquired brands' refers to brands acquired during the past 12 months. Typically, the Company has not reported unit case volume or recognized concentrate sales volume related to acquired brands in periods prior to the closing of a transaction. Therefore, the unit case volume and concentrate sales volume related to an acquired brand are incremental to prior year volume.

FedEx Corporation was incorporated in Delaware on October 2, 1997 to serve as the parent holding company and provide strategic direction to the FedEx portfolio of companies.

Net operating revenues were $45,754 million in 2023, compared to $43,004 million in 2022, an increase of $2,750 million, or 6%.

DOJ Opioid Civil Litigation: A civil complaint pending in the U.S. District Court for the District of Delaware has been filed by the U.S. Department of Justice (the 'DOJ') against the Company, in which the DOJ alleges violations of the Controlled Substances Act related to nationwide distribution and dispensing of opioids.

Our 2022 EPS-diluted also benefited from lower weighted-average shares outstanding as a result of share repurchases pursuant to our Board-approved repurchase programs.


Question: What are the new operating segments created by CVS Health Corporation in 2023?

In connection with its new operating model adopted in the first quarter of 2023, CVS Health Corporation realigned the composition of its segments to include a new Health Services segment, which delivers a full range of pharmacy benefit management (PBM) solutions and health care services, and a Pharmacy & Consumer Wellness segment, which includes retail and long-term care pharmacy operations and related pharmacy services, as well as retail front store operations.

While Item 8 discusses financial statements and supplementary data, the actual consolidated financial statements and notes are included elsewhere in the Annual Report on Form 10-K.

Our strategic intent is to have a portfolio of efficient, timely and reliable sources and methods of delivery to choose from, optimizing order fulfillment and delivery based on customer needs, inventory locations and available transportation options.

DOJ Opioid Civil Litigation: A civil complaint pending in the U.S. District Court for the District of Delaware has been filed by the U.S. Department of Justice (the 'DOJ') against the Company, in which the DOJ alleges violations of the Controlled Substances Act related to nationwide distribution and dispensing of opioids.

The company executed common shares repurchases worth $1.6 billion, $2.1 billion, and $79 million in 2023, 2022, and 2021, respectively, under share repurchase plans authorized by the Board of Directors in connection with employee stock plans.

Adjusted EBITDA excludes both interest expense, net and the provision (benefit) for income taxes. These expenses are associated with our capitalization and tax structures, which we do not consider when evaluating the operating profitability of our core operations. Adjusted EBITDA does not include depreciation and amortization expenses, in order to eliminate the impact of capital investments.

Net cash flows provided by investing activities was $117.6 million in 2023.


Question: What metric does the company use to evaluate the performance of their business?

We use comparable sales as a metric to evaluate the performance of our business. Refer to the Comparable Sales and Sales Per Square Foot section of this management's discussion and analysis of financial condition and results of operations for further information.

The pre-tax restructuring charge of approximately $0.5 billion in the fiscal year 2023, of which $449 million was recorded in Restructuring and $30 million was recorded in Cost of products sold on the Consolidated Statement of Earnings, included the termination of partnered and non-partnered program costs and asset impairments.

Item 8 of the financial document outlines Financial Statements and Supplementary Data.

In assessing disability insurance claims, economic factors including GDP growth, employment trends, and disposable income figures are evaluated as part of the process to estimate liabilities for benefit claims.

As part of the investment, we are obligated to develop certain gaming and non-gaming investment projects by December 2032 and dedicate resources to, among others, the attraction of international visitors, conventions and exhibitions, entertainment shows, sporting events, culture and art, health and wellness, and themed attractions, as well as support Macao's position as a city of gastronomy and increase community and maritime tourism.

Our effective tax rate was 23.2% for 2023.

Local currency fluctuations against the U.S. dollar negatively impacted revenue by $31.8 million, or 15%, in 2023, primarily from Argentina.

As of December 31, 2023, we had $47.9 billion in long-term debt outstanding, including unsecured debt and asset-backed securities.


Question: What was the increase in Berkshire Hathaway Reinsurance Group's underwriting expenses from 2022 to 2023?

Underwriting expenses increased $2.5 billion in 2023 compared to 2022.

Principal repayments of financing obligations for 2023 amounted to $271 million.

Our 4th Gen AMD EPYC 9004 Series processors are built on the “Zen 4” 5 nanometer (nm) process node and are designed to deliver leadership performance and energy efficiency across a range of market segments and workloads.

During fiscal 2022, we opened two new stores in the U.S.

in 2022 compared to $7.11 in 2021, an increase of $0.85, or 12.0%.

The report on the Consolidated Financial Statements by PricewaterhouseCoopers LLP is dated February 16, 2024.

Because the hours of operation are shorter than many other retailers, and due to other efficiencies inherent in a warehouse-type operation, labor costs are lower relative to the volume of sales. Merchandise is generally stored on racks above the sales floor and displayed on pallets containing large quantities, reducing labor required.

The FCC or other regulatory authorities may adopt new or different regulations for MVNOs and/or mobile broadband providers in the future, which could adversely affect our wireless phone service offering or our business generally.


Question: What does Item 8 in a financial document typically include?

Item 8 is designated for Financial Statements and Supplementary Data in financial documentation.

We believe that Free Cash Flow is a meaningful indicator of liquidity that provides information to our management and investors about the amount of cash generated from operations, after purchases of property and equipment, that can be used for strategic initiatives, including continuous investment in our business, growth through acquisitions, and strengthening our balance sheet.

In December 2022, the European Commission published new legislative proposals on clearing services amending EMIR and provisions in the framework. The European Commission aims to encourage clearing in the EU and reduce exposure to non-EU CCPs through adding an operational account requirement, which could require EU-based firms to clear a proportion of their derivatives business at an EU CCP.

We have paid transition tax of $7.7 billion, which included $1.5 billion for fiscal year 2023. The remaining transition tax of $10.5 billion is payable over the next three years, with $2.7 billion payable within 12 months.

We expect organic service revenue growth in 2024 to benefit from our new and existing digital offerings and ALM, as well as our traditional services.

The ACA specifies minimum medical loss ratios (MLRs) for Commercial and Medicare Insured products, specifies features required to be included in commercial benefit designs, limits commercial individual and small group rating and pricing practices, encourages additional competition, and includes regulations and processes that could delay or limit the Company’s ability to appropriately increase its health plan premium rates.

The Company allocates the transaction price to each performance obligation on a relative SSP basis. Judgment is required to determine the SSP for each distinct performance obligation. The Company determines SSP by considering its overall pricing objectives and market conditions. Significant pricing practices taken into consideration include the Company’s discounting practices, the size and volume of the Company’s transactions, the customer demographic, the geographic area where services are sold, price lists, the Company's go-to-market strategy, historical and current sales and contract prices.

The total amortized cost and fair value of debt securities as of December 31, 2023 were listed as $48,054 million and $45,491 million, respectively.


Question: How much would total revenue and advertising revenue have been lower in 2023 using constant foreign exchange rates compared to actual figures?

Using these constant rates, total revenue and advertising revenue would have been $374 million and $379 million lower than actual total revenue and advertising revenue, respectively, for the full year 2023.

Company Adjusted EBIT Margin is derived by dividing the Company adjusted EBIT by Company revenue, which is a non-GAAP measure useful for evaluating the company's operating results.

Linzess (linaclotide) is a once-daily guanylate cyclase-C agonist used in adults to treat irritable bowel syndrome with constipation (IBS‑C) and chronic idiopathic constipation.

Chubb's exposure to molestation claims principally arises out of liabilities acquired when it purchased CIGNA's P&C business in 1999 and Chubb Corp in 2016.

Interest Income and Other, Net   | 2023 | | 2022 | | 2021 Interest income | $ | 470 | | | $ | 61 | | $ | 41

On December 27, 2023, we completed the sale of our Entertainment One film and television business ('eOne Film and TV') to Lions Gate Entertainment Corp., Lions Gate Entertainment Inc. and Lions Gate International Motion Pictures S.à.r.l (collectively 'Lionsgate'), pursuant to the terms of an equity purchase agreement dated August 3, 2023 among Hasbro and Lionsgate. Lionsgate acquired the eOne Film and TV business for a purchase price of $375.0 million in cash, subject to certain purchase price adjustments plus the assumption by Lionsgate of production financing loans.

In February 2023, we announced our planned exit from the Employer Group Commercial Medical Products business, which includes all fully insured, self-funded and Federal Employee Health Benefit medical plans, as well as associated wellness and rewards programs.

The Microsoft Cloud Solution Provider Program offers customers an easy way to license the cloud services they need in combination with the value-added services offered by their systems integrator, managed services provider, or cloud reseller partner. Partners in this program can easily package their own products and services to directly provision, manage, and support their customer subscriptions.


Question: What are the enrollment periods for Medicare Advantage and stand-alone prescription drug plans?

At December 31, 2023, we provided health insurance coverage under CMS contracts to approximately 5,408,900 individual Medicare Advantage members, including approximately 851,300 members in Florida. These Florida contracts accounted for premiums revenue of approximately $14.9 billion, which represented approximately 19% of our individual Medicare Advantage premiums revenue.

Ford Pro's full year 2022 EBIT was $3.2 billion, up from $2.7 billion in 2021. The year-over-year increase of $557 million primarily reflects higher Ford Pro EBIT.

The information required by Item 8 is included in Item 15(a) of the Annual Report.

The revenue from Electronic Games' football franchise, which includes perennially successful offerings like FIFA Ultimate T 2023.

GM Financial's penetration of our retail sales in the U.S. was 42% in the year ended December 31, 2023, compared to 43% in the corresponding period in 2022.

Local currency fluctuations against the U.S. dollar negatively impacted revenue by $31.8 million, or 15%, in 2023, primarily from Argentina.

Our organizational documents contain provisions that may have the effect of discouraging, delaying or preventing a change of control of, or unsolicited acquisition proposals for, ICE. These provisions make a change of control less likely, which may be contrary to the desires of certain of our stock's organizationholders.

ITEM 3. LEGAL PROCEEDINGS Refer to Note 15 – Contingencies of the Notes to Financial Statements (Part II, Item 8 of this Form 10-K) for information regarding legal proceedings in which we are involved.


Question: How is revenue recognized for Online-Hosted Service Games by the company?

For Online-Hosted Service Games, which require an internet connection for all functionalities, the company recognizes revenue continuously as the service is provided. This recognition is based on the premise that the online hosting represents a distinct and singular performance obligation.

During fiscal year 2024, we expect to use our existing cash and cash equivalents, our marketable securities, and the cash generated by our operations to fund our capital investments of approximately $1.10 billion to $1.30 billion related to property and equipment.

The Company is exposed to fluctuations in prices for energy, particularly electricity and natural gas, and other commodity products used in retail and manufacturing operations, which it seeks to partially mitigate through the use of fixed-price contracts for certain of its warehouses and other facilities, primarily in the U.S. and Canada.

We do not believe that the resolution of these legal matters, including the matters described in this Annual Report, will have a material adverse effect on our consolidated financial condition, results of operations, or liquidity.

We could be subject to penalties or other consequences if the OIG or a similar regulatory authority determines that we failed to comply with applicable laws, regulations or requirements, including, among other things substantial monetary penalties and exclusion from participation in federal healthcare programs that could have a material adverse effect on our business, results of operations, financial condition, cash flows, reputation and stock price.

The company's products and services are sold through partnerships with independent software vendors, systems integrators, and advisory firms. These partners help integrate the company's offerings into their own product and service solutions, assist in sales to clients purchasing their own products, and provide expertise in designing and implementing custom IT solutions.

Cash provided by (used in) operating activities changed from $(434.3) million in 2021 to $108.2 million in 2022, making a change of $542.5 million.

in 2022 compared to $7.11 in 2021, an increase of $0.85, or 12.0%.


Question: How does FCF contribute to business strategy?

Our management and investors can use FCF for the purpose of determining the amount of cash available for investment in our businesses, repurchasing stock and other purposes as well as evaluating our historical and prospective liquidity.

Iron Mountain expects to incur approximately $150.0 million in costs annually related to Project Matterhorn from 2023 through 2025, composed of restructuring costs (including site consolidation, employee severance, and professional fees) and other transformation costs (including project management and third-party consultant fees).

Excluding the United States, 76 percent of face-to-face transactions globally were contactless in fiscal year 2023.

See’s Candy Shops, Incorporated ("See’s") produces boxed chocolates and other confectionery products with an emphasis on quality and distinctiveness in two large kitchens in Los Angeles and South San Francisco and a facility in Burlingame, California. See’s operates approximately 250 retail and volume saving stores located mainly in California and other Western states, as well as over 115 seasonal locations. See’s revenues are highly seasonal with approximately half of its annual revenues earned in the fourth quarter.

Professional Visualization We serve the Professional Visualization market by working closely with independent software vendors, or ISVs, to optimize their offerings for NVIDIA GPUs. Our GPU computing platform enhances productivity and introduces new capabilities for critical workflows in many fields, such as design and manufacturing and digital content creation.

In assessing disability insurance claims, economic factors including GDP growth, employment trends, and disposable income figures are evaluated as part of the process to estimate liabilities for benefit claims.

The total payments volume growth rate for Visa Inc. changed by 9% between 2021 and 2022.

As discussed in the report, Comcast modified the presentation of its segment operating results in 2023 to reflect a new segment structure.


Question: What adjustments were made to the rebates and chargebacks balances for previous years' sales and how did they affect the end of year balance in 2023?

Activities related to sales before 2023 experienced adjustments due to changes in estimates, impacting the rebates and chargebacks accounts, and led to an ending balance of $4,493 million for the year 2023.

Information on legal proceedings is conveyed by incorporating it by reference from 'Note 13 — Commitments and Contingencies — Litigation and Other Legal Matters' within the consolidated financial statements.

If our customers choose to license cloud-based versions of our products and services rather than licensing transaction-based products and services, the associated revenue will shift from being recognized at the time of the transaction to being recognized over the subscription period or upon consumption, as applicable.

The company believes that the funds available, including cash expected to be generated from operations, funds from a commercial paper program, or lines of credit, are adequate to meet its working capital needs for the year, including the repayment of a $500 million debt.

The document admits that internal control over financial reporting has inherent limitations which may prevent it from detecting or preventing misstatements.

The increase in operating income was primarily driven by an increase in revenues, partially offset by an increase in content acquisition costs and compensation expenses including an increase in SBU expense.

We recognize revenue associated with Chipotle Rewards within food and beverage revenue on the consolidated statements of income and comprehensive income when a customer redeems an earned reward.

We continue to monitor external factors like supply chain disruptions and work to minimize these challenges to meet customer demand, while assessing the environment for any additional actions needed.


Question: What was the percentage change in Comcast's operating income from 2022 to 2023?

Comcast's operating income saw a significant increase, rising by 66.0% from 2022 to 2023.

losses were primarily from the following events: •2023: Hurricane Idalia, and other severe weather-related events in the U.S.

Gross margin for total automotive decreased from 28.5% to 19.4% in the year ended December 31, 2023 as compared to the year ended December 31, 2022.

The net earnings attributable to UnitedHealth Group common shareholders for the year 2023 was $22,381 million.

Iron Mountain's ALM services manage the lifecycle of IT assets from decommissioning to data erasure and disposal, securing customer data while maintaining a traceable and auditable custody chain.

We do not believe that the resolution of these legal matters, including the matters described in this Annual Report, will have a material adverse effect on our consolidated financial condition, results of operations, or liquidity.

Total company-operated stores | 711 | | 655

Cash flow before share repurchases and changes in debt was $2.2 billion for the fiscal year ended August 26, 2029.


Question: Between what dates did CS&Co allegedly violate their duty to seek best execution as per the plaintiffs' allegations in the lawsuit involving UBS Securities LLC?

The lawsuit alleges that CS&Co violated their duty to seek best execution in their routing of orders to UBS Securities LLC from July 13, 2011, to December 31, 2014.

The consolidated financial statements and accompanying notes are listed in Part IV, Item 15(a)(1) of the Annual Report on Form 10-K.

Medicaid Services (“CMS”) published the first “Selected Drug” list, which includes XARELTO and STELARA as well as IMBRUVICA, which is developed in collaboration and co-commercialized in the U.S. with Pharmacyclics LLC, an AbbVie company.

The main drivers of changes in SG&A as a percentage of net sales are overhead and marketing cost savings, reinvestments (for example, increased advertising), inflation, foreign exchange fluctuations and scale impacts.

In 2023, Comcast restructured the presentation of its operating results around two primary business segments: Connectivity & Platforms and Content & Experiences. Connectivity & Platforms comprises two sub-segments, Residential Connectivity & Platforms and Business Services Connectivity, and Content & Experiences includes Media, Studios, and Theme Parks.

Our 4th Gen AMD EPYC 9004 Series processors are built on the “Zen 4” 5 nanometer (nm) process node and are designed to deliver leadership performance and energy efficiency across a range of market segments and workloads.

Linzess (linaclotide) is a once-daily guanylate cyclase-C agonist used in adults to treat irritable bowel syndrome with constipation (IBS‑C) and chronic idiopathic constipation.

In 2023, the net interest revenue was $9,427 million.


Question: How does Starbucks leverage technology in its international markets?

In international markets, Starbucks invests in technology and partnerships to boost digital adoption, providing more convenience and enhancing the customer experience.

At December 31, 2023 our net deferred tax liability balance was $665 million, including an $877 million valuation allowance primarily related to certain net realized and unrealized capital losses and certain state net operating losses.

In order to be considered 'well capitalized,' AENB must maintain CET1 capital, Tier 1 capital, Total capital, and Tier 1 leverage ratios of 6.5 percent, 8.0 percent, 10.0 percent, and 5.0 percent, respectively.

In 2022, the gain on divestiture of subsidiaries represents the pre-tax gain on the sale of bswift, which the Company sold in November 2022, and the pre-tax gain on the sale of PayFlex, which the Company sold in June 2022. The gains on divestitures are reflected as a reduction of operating expenses in the Company’s GAAP consolidated statement of operations within the Health Care Benefits segment.

For a description of our material pending legal proceedings, see Legal Matters in Array 10 of the Notes to Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on...

Iron Mountain expects to incur approximately $150.0 million in costs annually related to Project Matterhorn from 2023 through 2025, composed of restructuring costs (including site consolidation, employee severance, and professional fees) and other transformation costs (including project management and third-party consultant fees).

Fiscal Year Highlights The Company’s total net sales were $383.3 billion and net income was $97.0 billion during 2023. The Company’s total net sales decreased 3% or $11.0 billion during 2023 compared to 2022. The weakness in foreign currencies relative to the U.S. dollar accounted for more than the entire year-over-year decrease in total net sales, which consisted primarily of lower net sales of Mac and iPhone, partially offset by higher net sales of Services.

Adjusted EBITDA is defined as excluding capital expenditures, changes in or cash requirements for working capital needs, significant interest expenses, income tax payments, and any cash requirements for the assets being depreciated and amortized.


Question: What is the headcount of Apple's full-time equivalent employees as of September 30, 2023?

As of September 30, 2023, the Company had approximately 161,000 full-time equivalent employees.

Additionally, we are not involved in any environmental proceeding in which a governmental authority is a party, and such proceeding involves potential monetary sanctions that we reasonably believe will exceed an applied threshold of $1 million.

The Firmwide Capital Committee, co-chaired by the head of Credit Risk and a co-head of the Global Financing Group, provides approval and oversight of debt-related transactions, including principal commitments of our capital, aiming to ensure that business, reputational, and suitability standards for underwritings and capital commitments are maintained on a global basis.

For Online-Hosted Service Games, which require an internet connection for all functionalities, the company recognizes revenue continuously as the service is provided. This recognition is based on the premise that the online hosting represents a distinct and singular performance obligation.

IBM's 2023 Annual Report to Stockholders includes their financial statements and supplementary data, which span from pages 44 to 121 and are incorporated by reference in the Form 10-K. Additionally, the financial statement schedule can be found on page S-1 of the same Form 10-K.

As of the end of 2023, Amazon's workforce comprised about 1,525,000 full-time and part-time employees.

Broadband revenues increased in 2023 by 8.1% driven by an increase in fiber customers and higher average revenue per user, partially offset by declines in copper-based broadband services.

Companies with which we have strategic partnerships in some areas may be competitors in other areas.


Question: What was the risk-free interest rate used in the Black-Scholes model for SOSARs granted in 2023?

The risk-free interest rate used in the Black-Scholes model for SOSARs granted in 2023 was 4.1%.

During the fourth quarter of 2023, the Company voluntarily changed its goodwill and indefinite-lived intangible asset annual impairment test date from September 30 to December 1. This voluntary change is preferable under the circumstances as it results in better alignment with the Company's strategic business planning and budgeting process.

As of December 31, 2023, we had net uncertain tax positions of $6.95 billion which were accrued as other liabilities.

BHE plans to continue investing in renewable and other low-carbon generation and storage in the future and to cease coal operations at an additional 15 coal generation units between 2025 and 2030 in a reliable and cost-effective manner, thereby achieving a 50% reduction in GHG emissions from 2005 levels in 2030.

The program allows paid members to earn points on purchases that can be redeemed for rewards including discounts or coupons. When loyalty program members purchase a product, the transaction price is allocated between the product and loyalty points earned based on relative stand-alone selling prices and expected point redemption. The portion allocated to loyalty points is recorded as deferred revenue and recognized as revenue upon redemption or expiration. Estimates such as the retail price per point and breakage are used to record the deferred revenue for loyalty points.

At December 31, 2023, total assets were approximately $3.2 trillion, up $128.8 billion from December 31, 2022, primarily due to higher cash and cash equivalents.

AbbVie believes that the non-GAAP measure of change in net revenues at constant currency rates, when used in conjunction with the GAAP measure of change in net revenues at actual currency rates, may provide a more complete understanding of the company's operations.

ITEM 11. EXECUTIVE COMPENSATION Information regarding our executive compensation required by this item will be contained in our 2023 Proxy Statement under the captions “Executive Compensation”, “Compensation Committee Interlocks and Insider Participation”, “Director Compensation” and “Compensation Committee Report,” and is hereby incorporated by reference.


Question: How does the company ensure legal compliance regarding employee compensation?

Our compensation programs are designed to be legally compliant with employee compensation laws in all states and countries in which we operate.

The lawsuits have been consolidated into a single Multi-District Litigation proceeding in the U.S. District Court for the District of Columbia.

Fiscal 2023 net cash used in financing activities decreased $5.8 billion when compared to the previous fiscal year.

The PowerUp Rewards membership totals include 5.6 million paying pro members.

'Acquired brands' refers to brands acquired during the past 12 months. Typically, the Company has not reported unit case volume or recognized concentrate sales volume related to acquired brands in periods prior to the closing of a transaction. Therefore, the unit case volume and concentrate sales volume related to an acquired brand are incremental to prior year volume.

Item 7 covers Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Pharmacy revenues, including LTC sales and sales in pharmacies within Target and other retail stores, constituted 78.9% of the Pharmacy & Consumer Wellness segment's revenues in 2023.

•an increase in costs related to our operating channels of $319.1 million, comprised of: –an increase in employee costs of $145.1 million primarily due to increased salaries and wages expense, incentive compensation, and benefit costs for retail employees, primarily from the growth in our business and increased wage rates; –an increase in other operating costs of $67.7 million primarily due to increased depreciation costs, technology costs, and repairs and maintenance costs;  –an increase in variable costs of $66.8 million primarily due to increased credit card fees, distribution costs, and packaging cost...


Question: Name the four principal software platforms developed by Palantir.

We have built four principal software platforms, Palantir Gotham (“Gotham”), Palantir Foundry (“Foundry”), Palantir Apollo (“Apollo”), and Palantir Artificial Intelligence Platform (“AIP”).

The Learning inspired by FedEx (LiFE) program, in partnership with The University of Memphis, offers a suite of education benefits including tuition-free, fully online degree options for over 30 associate's and bachelor's programs of study, and in 2022 expanded to include all majors The University of Memphis offers online.

As of December 31, 2023, we had net uncertain tax positions of $6.95 billion which were accrued as other liabilities.

Resulting in a total store count of 2,322 at January 29, 2023.

Item 7 covers Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Aqua-Chem filed a lawsuit in Wisconsin seeking a declaratory judgment that the company is responsible for all liabilities and expenses not covered by insurance related to certain liability claims from before the sale of Aqua-Chem, in addition to a breach of contract judgment for costs incurred to date exceeding $9 million.

The decrease in the Company's effective income tax rate in 2023 was primarily due to the absence of certain nondeductible legal charges and basis differences on the sale of bswift and PayFlex in 2022.

The Etsy, Reverb, and Depop marketplaces collectively connected a total of 9.0 million active sellers to 96.5 million active buyers as of December 31, 2022.


Question: What strategy is used for managing risks related to insurance claims?

Insurance/Self-insurance Liabilities Claims for employee health-care benefits, workers’ compensation, general liability, property damage, directors’ and officers’ liability, vehicle liability, inventory loss, and other exposures are funded predominantly through self-insurance. Insurance coverage is maintained for certain risks to seek to limit exposures arising from very large losses. We use various risk management mechanisms, including a  wholly-owned captive insurance subsidiary, and participate in a reinsurance program.

Current portion of long-term debt increased to $1,608 million at October 29, 2023 from $440 million at October 30, 2022, primarily due to certain debt instruments becoming due within the next twelve months.

one of the largest railroad systems in North America. BNSF Railway had approximately 37,000 employees at the end of 2023, of whom approximately 32,000 were members of a labor union.

In Resource Masking Industries, we expect the profit impact from lower sales volume to be partially offset by favorable price realization.

The Financial Statement Schedule for IBM's 2023 filing is found on page S-1 of Form 10-K.

Fiscal Year Highlights The Company’s total net sales were $383.3 billion and net income was $97.0 billion during 2023. The Company’s total net sales decreased 3% or $11.0 billion during 2023 compared to 2022. The weakness in foreign currencies relative to the U.S. dollar accounted for more than the entire year-over-year decrease in total net sales, which consisted primarily of lower net sales of Mac and iPhone, partially offset by higher net sales of Services.

A 10% appreciation of the U.S. Dollar from the December 31, 2023 market rates would increase the unrealized value of the Company’s forward contracts by $0.1 billion.

Intuit has fostered diversity, equity, and inclusion by appointing a Chief Diversity, Equity & Inclusion Officer since 2015, setting goals for increasing diversity in the workforce, establishing a Center of Excellence, hosting Employee Resource Groups, including DEI-related questions in surveys, and creating a Racial Equity Advancement Leadership team.


Question: What were the projected future benefit payments for the Company's retirement plans in 2024 and 2025?

The projected future benefit payments for the Company's retirement plans are $1,481 million in 2024 and $1,473 million in 2025.

General Motors operates through automotive segments which include GM North America (GMNA) and GM International (GMI).

In July 2022, the borrowing capacity under the back-up facilities expanded from $3.0 billion to $5.0 billion.

2024 Strategic Objectives AbbVie's mission is to discover and develop innovative medicines and products that solve serious health issues today and address the medical challenges of tomorrow while achieving top-tier financial performance through outstanding execution. AbbVie intends to execute its strategy and advance its mission in a number of ways, including: (i) maximizing the benefits of a diversified revenue base with multiple long-term growth drivers; (ii) leveraging AbbVie's commercial strength and international infrastructure across therapeutic areas and ensuring strong commercial execution of new product launches; (iii) continuing to invest in and expand its pipeline in support of opportunities in immunology, oncology, aesthetics, neuroscience and eye care a...

Under the initial payroll support program under the CARES Act and PSP extensions we received support payments of grants, which included $4.5 billion of grants during the year ended December 31, 2021.

Item 8 is titled Financial Statements and Supplementary Data in the financial document.

In November 2023, the company issued $500 million of 5.750% unsecured senior notes due December 1, 2028 and $850 million of 5.950% unsecured senior notes due March 15, 2034. The net proceeds, reduced for the underwriters' discounts and commissions paid, were $1.3 billion. These proceeds were used for general corporate purposes, including the repayment of existing indebtedness and borrowings under the commercial paper program.

Net income for 2021 was $7.8 billion, and it increased to $10.1 billion by 2023, reflecting a growth of $2.3 billion over two years.


Question: As of December 31, 2023, what was the total amount of outstanding letters of credit under the 2022 Credit Facility?

As of December 31, 2023, no amounts were drawn under the 2022 Credit Facility and outstanding letters of credit totaled $29 million.

Our strategy is to combine best-of-breed technology leadership in semiconductor and infrastructure software solutions, with unmatched scale, on a common sales and administrative platform to deliver a comprehensive suite of infrastructure technology products to the world’s leading business and government customers.

The adjusted operating loss decreased by $295 million, or 18.3%, in 2023 compared to 2022. This decrease was primarily driven by decreased operating expenses associated with the termination of certain transformation initiatives.

In November 2023, the FDIC approved a final special assessment to recover losses incurred by the DIF to protect uninsured depositors due to the March 2023 closures of two banks. The pre-tax impact of the final rule was $172 million.

IBM's 2023 Annual Report to Stockholders includes their financial statements and supplementary data, which span from pages 44 to 121 and are incorporated by reference in the Form 10-K. Additionally, the financial statement schedule can be found on page S-1 of the same Form 10-K.

The total operating cost reported for 2023 was $339,264 million.

U.S. net revenues for the year ended December 31, 2023, amounted to $5,073 million, representing 50% of total net revenues.

losses were primarily from the following events: •2023: Hurricane Idalia, and other severe weather-related events in the U.S.


Question: What was the total unrecognized compensation expense related to nonvested restricted stock unit awards as of August 26, 2023?

As of August 26, 2023, total unrecognized stock-based compensation expense related to nonvested restricted stock unit awards, net of estimated forfeitures, was approximately $8.2 million, before income taxes.

If hotel owners do not participate in the company's insurance programs, they must purchase insurance programs that are consistent with the company's requirements.

As of December 31, 2023, we had a combined total of approximately 32 million member households enrolled in A-List, Premiere, and Insider programs.

Bermuda domiciled subsidiaries must prepare and file with the BMA, audited annual statutory financial statements and audited annual financial statements prepared in accordance with accounting principles generally accepted in the U.S. (U.S. GAAP), International Financial Reporting Standards (IFRS), or any such other generally accepted accounting principles as the BMA may recognize. The U.S. GAAP audited financial statements are made public by the BMA.

In 2023, 80% of our total costs and expenses were recognized in FoA and 20% were recognized in RL.

Berkshire’s operating businesses are managed on an unusually decentralized basis. There are few centralized or integrated business functions. Berkshire’s senior management team participates in and is ultimately responsible for significant capital allocation decisions, investment activities and the selection of the Chief Executive to head each of the operating businesses.

In 2023, Comcast restructured the presentation of its operating results around two primary business segments: Connectivity & Platforms and Content & Experiences. Connectivity & Platforms comprises two sub-segments, Residential Connectivity & Platforms and Business Services Connectivity, and Content & Experiences includes Media, Studios, and Theme Parks.

Internationally, Botox Cosmetic net revenues increased by 10% in 2023, primarily driven by recovery from COVID-19 in China and increased consumer demand across other key international markets.


Question: How is the fair value of U.S. wireless licenses assessed?

The fair value of U.S. wireless licenses is assessed using a discounted cash flow model (the Greenfield Approach) and a qualitative corroborative market approach based on auction prices, depending on auction activity.

The net earnings attributable to UnitedHealth Group common shareholders for the year 2023 was $22,381 million.

IBM's 2023 Annual Report reserves pages 44 through 121 for Financial Statements and Supplementary Data.

The worldwide effective income tax rate from continuing operations was 11.5% in 2023.

Marina Bay Sands is an iconic, architecturally significant Integrated Resort with meaningful scale and visitation. Due to its distinctive design, multitude of amenities and customer experiences shared on social media, and a prominent position as part of the Singapore skyline, Marina Bay Sands is recognized throughout Asia and globally.

These contingency plans include our Financial Contession and Recovery Plan, which provides monitoring, escalation, actions and routines designed to enable us to increase capital and/or liquidity, access funding sources and reduce risk through consideration of potential options that include asset sales, business sales, capital or debt issuances, and other risk reducing strategies at various levels of capital or liquidity depletion during a period of stress.

Net earnings declined modestly by $55 million to $14.7 billion due to the increase in earnings before income taxes, more than fully offset by the increase in the effective income tax rate discussed above.

Bermuda domiciled subsidiaries must prepare and file with the BMA, audited annual statutory financial statements and audited annual financial statements prepared in accordance with accounting principles generally accepted in the U.S. (U.S. GAAP), International Financial Reporting Standards (IFRS), or any such other generally accepted accounting principles as the BMA may recognize. The U.S. GAAP audited financial statements are made public by the BMA.


Question: What financial effect does an increase in the discount rate have on intangible asset valuations?

Changes in the discount rate, like an increase, can lead to recognizing an impairment of an intangible asset in spite of achieving forecasted or greater cash flows.

On March 30, 2023, the CFPB adopted a final rule requiring covered financial institutions, such as us, to collect and report data to the CFPB regarding certain small business credit applications.

Foreign Currency Risk We transact business globally in multiple currencies and hence have foreign currency risks related to our revenue, costs of revenue and operating expenses denominated in currencies other than the U.S. dollar (primarily the Chinese yuan and euro in relation to our current year operations).

We increased our common stock dividend by 22% during 2022.

Medicaid Services (“CMS”) published the first “Selected Drug” list, which includes XARELTO and STELARA as well as IMBRUVICA, which is developed in collaboration and co-commercialized in the U.S. with Pharmacyclics LLC, an AbbVie company.

Basic net income per share is computed by dividing net income attributable to common stock by the weighted-average number of shares of common stock outstanding during the period.

We create an engaging workplace by continuously listening to and acting on associate feedback. We provide several pulse check surveys to associates throughout the year that help us determine how emotionally connected those associates are to our customers, the Company, their jobs, fellow associates, and leaders.

In Item 3 of a Form 10-K, information regarding legal proceedings is derived by reference from Note 16 in the Notes to the Consolidated Financial Statements.


Question: What were the total intrinsic values of options exercised in 2021, 2022, and 2023?

Total intrinsic value of options exercised in millions was $41 in 2021, $28 in 2022, and $25 in 2023.

On October 13, 2019, California bill AB 290 was signed into law, limiting the amount of reimbursement paid to certain providers for services provided to patients with commercial insurance who receive charitable premium assistance.

In 2023, we increased the top of the wage scales by 85 cents per hour in the U.S, Canada and Puerto Rico. In September of 2023, we increased the starting wage to at least $18.50 for all entry-level positions in the U.S. We have also expanded our benefits in the U.S. to include additional mental health support for children and adults at little to no cost to our employees.

The company executed common shares repurchases worth $1.6 billion, $2.1 billion, and $79 million in 2023, 2022, and 2021, respectively, under share repurchase plans authorized by the Board of Directors in connection with employee stock plans.

Ford Blue's full year 2022 EBIT was $6.8 billion, an increase of $3.6 billion from 2021. The EBIT improvement was driven by higher net pricing and higher wholesales, offset partially by inflationary increases on commodity, material, and freight costs, higher warranty costs, higher structural costs, and weaker currencies.

JPMorgan Chase Bank, N.A., as an FDIC-insured depository institution with $100 billion or more in total assets, issubject to preparation and submission requirements under the FDIC's IDI Resolution Rule.

The information for Legal proceedings in Item 3 is presented by incorporating it by reference to Note 19 in the Notes to Consolidated Financial Statements included in Item 8 of the report.

On July 2, 2023, The Hershey Company paid a total of $206.1 million in cash dividends.


Question: What financial documents and data does Item 8 encompass in Etsy, Inc.'s filings?

Item 8 in Etsy, Inc.'s filings refers to 'Financial Statements and Supplementary Data,' including consolidated balance sheets, statements of operations, statements of comprehensive income (loss), statements of changes in stockholders' equity (deficit), and statements of cash flows.

The Coca-Cola system works every day to produce high-quality, safe and refreshing beverages for consumers around the world. It has rigorous product and ingredient safety and quality standards designed to ensure the safety and quality of each of its products, and drives innovation that provides new beverage options satisfying consumers’ evolving needs and preferences.

If our customers choose to license cloud-based versions of our products and services rather than licensing transaction-based products and services, the associated revenue will shift from being recognized at the time of the transaction to being recognized over the subscription period or upon consumption, as applicable.

As a global company, Enphase Energy faced risks from evolving macroeconomic conditions, including inflation, interest rates changes, fluctuations in foreign currency exchange rates, potential slowdowns or recessions, and geopolitical pressures including trade regulations and armed conflicts in Ukraine, the Gaza Strip, and nearby areas during 2023.

The company employs outsourced and contract manufacturers around the world to manufacture products designed by the company, creating cost efficiencies and flexible manufacturing processes. It also manufactures some finished products directly from components sourced globally, using methodologies like building products to order and configuring products to order to optimize manufacturing and logistics efficiencies.

For the year ended December 31, 2023, Ford reported consolidated revenues of $176,191 million.

In general, with variations by country, our warehouses accept certain credit cards, including Costco co-branded cards, debit cards, cash and checks, Executive member 2% reward certificates, co-brand cardholder rebates, and our proprietary stored-value card (shop card).

Johnson & Johnson's consolidated statements of earnings for 2023 reported total net earnings of $35,153 million.


Question: What was the total fair value of awards vested during 2023?

The total fair value of awards vested during 2023 was $77,626.

The Financial Statement Schedule for IBM's 2023 report can be found on page S-1 of Form 10-K.

Cash provided by (used in) investing activities was $(37,601) in 2022 and $(49,833) in 2023.

Cash, cash equivalents and restricted cash at end of period | $ | 1,196.0 | | | $ | 1,319.9 | | $ | 635.0

After-tax earnings of other energy businesses decreased $332 million (24.5%) in 2023 compared to 2022. The decline reflected lower earnings at Northern Powergrid due to unfavorable results at a natural gas exploration project, including the write-off of capitalized exploration costs and lower gas production volumes and prices, as well as from higher deferred income tax expense related to the enactment of the Energy Profits Levy income tax in the United Kingdom. The earnings decline was also attributable to lower earnings from renewable energy and retail services businesses. The decline in renewable energy and retail services earnings was primarily due to lower income tax benefits, higher operating expenses, lower solar and wind generation at owned projects and the impact of unfavorable changes in valuations of derivatives contracts, partially offset by debt extinguishment gains.

Visa Inc. reported a net income of $17,273 million for the fiscal year ended September 30, 2023.

However, any projections of future cash needs and cash flows are subject to substantial uncertainty.

Disclosures of FCPa violations may be shared with UK authorities, thus potentially exposing companies to liability and potential penalties in multiple jurisdictions. Violations of the FCPA and other anti-corruption laws may result in severe criminal and civil sanctions as well as other penalties, and there continues to be a heightened level of FCPA enforcement activity by the U.S. Securities and Exchange Commission (the SEC) and the DOJ.


Question: Is the information about legal proceedings in Item 3 directly provided or referenced from another section?

The description of legal proceedings in Item 3 of the report is not direct but instead provided by reference to the "Contingencies" section in Note 15 of the consolidated financial statements.

After-tax earnings of other energy businesses decreased $332 million (24.5%) in 2023 compared to 2022. The decline reflected lower earnings at Northern Powergrid due to unfavorable results at a natural gas exploration project, including the write-off of capitalized exploration costs and lower gas production volumes and prices, as well as from higher deferred income tax expense related to the enactment of the Energy Profits Levy income tax in the United Kingdom. The earnings decline was also attributable to lower earnings from renewable energy and retail services businesses. The decline in renewable energy and retail services earnings was primarily due to lower income tax benefits, higher operating expenses, lower solar and wind generation at owned projects and the impact of unfavorable changes in valuations of derivatives contracts, partially offset by debt extinguishment gains.

Item 8 in Etsy, Inc.'s filings refers to 'Financial Statements and Supplementary Data,' including consolidated balance sheets, statements of operations, statements of comprehensive income (loss), statements of changes in stockholders' equity (deficit), and statements of cash flows.

Pre-tax earnings of the service group decreased $52 million (1.7%) in 2023 to $3.0 billion. Pre-tax earnings as a percentage of revenues were 14.5% in 2023, a decrease of 1.5 percentage points compared to 2022. The change in comparative earnings in 2023 reflected lower earnings from TTI and certain of our other service businesses, partially offset by increased earnings from aviation services and the impact of the IPS acquisition.

Net income for 2021 was $7.8 billion, and it increased to $10.1 billion by 2023, reflecting a growth of $2.3 billion over two years.

Letairis (ambrisentan) is an oral formulation of an endothelin receptor antagonist for the treatment of pulmonary arterial hypertension (PAH) (WHO Group I) to improve exercise capacity and delay clinical worsening or in combination with tadalafil to reduce the risks of disease progression and hospitalization for worsening PAH, and to improve exercise ability.

Masimo Masimo Corporation and Cercacor Laboratories, Inc. (together, “Masimo”) filed a complaint before the U.S. International Trade Commission (the “ITC”) alleging infringement by the Company of five patents relating to the functionality of the blood oxygen feature in Apple Watch Series 6 and 7.

For a description of our significant pending legal proceedings, see Note 13 titled Commitments and Contingencies - Legal Proceedings of the Notes to Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on Form 10-K.


Question: What uncertainties exist regarding projections of future cash needs and cash flows?

However, any projections of future cash needs and cash flows are subject to substantial uncertainty.

Under the Senior Credit Facilities, the company may increase the maximum leverage ratio to a maximum of 4.75 to 1.0 in the case of material acquisitions, given that certain requirements are fulfilled.

Client operating loss was $46 million in 2023, compared to operating income of $1.2 billion in 2022. The decrease in operating income was primarily due to lower revenue.

The HP GreenValley edge-to-cloud platform is used for software-defined disaggregated storage services that include HPE GreenLake for Block Storage and HPE GreenLake for File Storage, and it provides unified cloud-based management to simplify how customers manage storage.

The Insurance segment benefits expense included $872 million of favorable prior-period medical claims reserve development in the 2023 period and $415 million of favorable prior-period medical claims reserve development in the 2022 period.

Our compensation programs are designed to be legally compliant with employee compensation laws in all states and countries in which we operate.

Insurance/Self-insurance Liabilities Claims for employee health-care benefits, workers’ compensation, general liability, property damage, directors’ and officers’ liability, vehicle liability, inventory loss, and other exposures are funded predominantly through self-insurance. Insurance coverage is maintained for certain risks to seek to limit exposures arising from very large losses. We use various risk management mechanisms, including a  wholly-owned captive insurance subsidiary, and participate in a reinsurance program.

Details about legal proceedings are included in Part II, Item 8, "Financial Statements and Supplementary Data" of the Annual Report on Form 10-K, under the caption "Legal Proceedings".


Question: How much has been paid in transition tax for fiscal year 2023 and what is the remaining amount due over the next three years?

We have paid transition tax of $7.7 billion, which included $1.5 billion for fiscal year 2023. The remaining transition tax of $10.5 billion is payable over the next three years, with $2.7 billion payable within 12 months.

Disclosures of FCPa violations may be shared with UK authorities, thus potentially exposing companies to liability and potential penalties in multiple jurisdictions. Violations of the FCPA and other anti-corruption laws may result in severe criminal and civil sanctions as well as other penalties, and there continues to be a heightened level of FCPA enforcement activity by the U.S. Securities and Exchange Commission (the SEC) and the DOJ.

On December 3, 2020, a company acquired Credit Karma, which now operates as a separate reportable segment and includes results from the date of acquisition. The segment's income includes all direct expenses related to selling, marketing, product development, and general administrative tasks.

The Pharmacy & Consumer Wellness segment of CVS Health Corporation is governed by federal, state, and local regulations including those that limit the sale of alcohol, mandate a minimum wage, and govern practices of optometry or audiology, or impact the provision of dietician services and the sale of durable medical equipment, contact lenses, eyeglasses and hearing aids.

Note 13 in the Annual Report on Form 10-K includes information regarding commitments and contingencies associated with legal proceedings.

Interest expense, net decreased $53.6 million in fiscal 2022 compared to the prior year, resulting from the refinancing of our debt in the fourth quarter of 2021, which resulted in prepayment penalties of $43.8 million and the acceleration of the expensing of $2.7 million of amortizable non-cash deferred financing costs. Higher interest income on investments more than offset interest expense on credit facility borrowings in the current year.

•an increase in costs related to our operating channels of $319.1 million, comprised of: –an increase in employee costs of $145.1 million primarily due to increased salaries and wages expense, incentive compensation, and benefit costs for retail employees, primarily from the growth in our business and increased wage rates; –an increase in other operating costs of $67.7 million primarily due to increased depreciation costs, technology costs, and repairs and maintenance costs;  –an increase in variable costs of $66.8 million primarily due to increased credit card fees, distribution costs, and packaging cost...

The total payments volume growth rate for Visa Inc. changed by 9% between 2021 and 2022.


Question: What was the revenue growth percentage for the year ended December 31, 2023 compared to 2022?

Revenue grew by 7.1% in 2023 compared to 2022.

Our purpose is to unite caring with discovery to create medicines that make life better for people around the world.

Net operating revenues were $45,754 million in 2023, compared to $43,004 million in 2022, an increase of $2,750 million, or 6%.

Reality Labs RL revenue in 2023 decreased $263 million, or 12%, compared to 2022. The decrease in RL revenue w...  Read More

Domestic wireless revenue increased in 2023 and 2022 primarily due to an increase in the number of customer lines. Wireless devices sales were consistent in 2023 compared to 2022 and increased in 2022 compared to 2021.

HPE has deployed an edge-to-cloud strategy that capitalizes on emergent megatrends and delivers a data-first modernization approach for customers. HPE has evolved to a platform-based model, fueled by a portfolio richer in software and services.

U.S. dialysis depreciation and amortization expense increased in 2023 primarily due to accelerated depreciation for expected center closures.

Net cash provided by (used in) operating activities was $46,752 million in 2022 and increased to $84,946 million in 2023.


Question: How many employees did BNSF Railway have at the end of 2023, and how many of them were union members?

one of the largest railroad systems in North America. BNSF Railway had approximately 37,000 employees at the end of 2023, of whom approximately 32,000 were members of a labor union.

Under the Senior Credit Facilities, the company may increase the maximum leverage ratio to a maximum of 4.75 to 1.0 in the case of material acquisitions, given that certain requirements are fulfilled.

Apparel revenues decreased 14% on a currency-neutral basis, primarily due to lower revenues in Men's and Women's. Unit sales of apparel decreased 8%.

On March 15, 2022, the European Commission and the U.K. Competition and Markets Authority conducted unannounced inspections at the premises of, and sent formal requests for information to, several companies and associations active in the automotive sector.

Our interest income was $989 million and $2.9 billion during 202itzerland and 2023, primarily due to an increase in prevailing rates.

We are subject to income taxes and various other taxes in the U.S. and in many foreign jurisdictions; therefore, changes in both domestic and international tax laws or regulations have affected and may affect our effective tax rate, results of operations, and cash flows.

These assets are not amortized but are evaluated annually for impairment.

We expect organic service revenue growth in 2024 to benefit from our new and existing digital offerings and ALM, as well as our traditional services.


Question: In which ways does IBM compete in its industry?

Our principal methods of competition are: technology innovation; performance; price; quality; brand; our breadth of capabilities, products and services; talent; client relationships and trust; the ability to deliver business value to clients.

Item 8 is titled Financial Statements and Supplementary Data in the financial document.

Excluding the items in the table below, adjusted profit per share for 2022 was $13.84 and for 2023 it was $21.21.

As of December 31, 2023, we had $47.9 billion in long-term debt outstanding, including unsecured debt and asset-backed securities.

We do not believe that such normal and routine litigation will have a material effect on our financial condition or results of operations.

In addition, Iron Mountain was named among Comparably's 2023 Best Companies for Women and Best Companies for Diversity.

Before her current role, Ms. O'Brien served as Senior Vice President and Deputy Chief Risk Officer from January 2022 to March 2023, and from 2016 to 2021 was Division President, North America Personal Risk Services.

Historically, the majority of gift cards are redeemed within one year. In addition, a portion of gift cards are not expected to be redeemed and will be recognized as breakage over time.


Question: What specific types of life and health insurance products does Chubb Life offer?

Chubb Life offers a broad portfolio of protection and savings products including whole life, universal life, unit linked contracts, endowment plans, individual and life, group term life, health protection, personal accident, credit life, group employee benefits, and credit protection insurance.

Note 16 is important in a Form 10-K for providing detailed information on legal proceedings as 'Commitments and Contingencies.'

By calendar 2025, FedEx plans for 50% of FedEx Express global pickup-and-delivery vehicle purchases to be electric, rising to 100% of all purchases by calendar 2030.

Effective July 1, 2023, the Life Insurance segment includes 100 percent of the results of Huatai Group's life and asset management business as required under consolidation accounting.

The Financial Statements and Supplementary Data are located on pages 44 through 121 of IBM’s 2023 Annual Report to Stockholders.

Factors that most significantly influence a region's profitability are industry volume, market share and the relative mix of vehicles (trucks, crossovers, cars) sold.

For the year ended December 31, 2023, matching contributions for the 401(k) Plan totaled approximately $13,821.

Our impairment analysis encompasses an assessment of both qualitative and quantitative analyses of key factors including the investee's financial metrics, market acceptance of the product or technology, and the rate at which the investee is using its cash.


Question: What percentage of the company's total stores were located in Canada and Mexico at the end of fiscal 2022?

At the end of fiscal 2022, a total of 315 of our stores, or 13.6% of our total store count, were located in Canada and Mexico.

The total payments volume growth rate for Visa Inc. changed by 9% between 2021 and 2022.

In September 2022, the FASB issued ASU No. 2022-04, “Liabilities—Supplier Finance Programs (Topic 405-50) - Disclosure of Supplier Finance Program Obligations,” which is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years.

These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions.

The product is marketed as Linzess in the United States and as Constella outside of the United States.

Apparel revenues decreased 14% on a currency-neutral basis, primarily due to lower revenues in Men's and Women's. Unit sales of apparel decreased 8%.

The carrying values of equity securities were included in the following line items in our consolidated balance sheets. The total equity securities value was $2,006 million on December 31, 2023, and $2,070 million on December 31, 2022.

These assets are not amortized but are evaluated annually for impairment.


Question: By how much did the company increase its quarterly cash dividend in February 2023?

In February 2023, we announced a 10% increase in our quarterly cash dividend to $2.09 per share.

During fiscal 2022, $2.25 billion of senior notes was repaid.

On May 5, 2022, the Court consolidated the Hialeah and Deulina Actions and appointed Robeco Capital Growth Funds SICAV – Robeco Global Consumer Trends as lead plaintiff. Lead plaintiff filed its amended complaint on June 25, 2022, purportedly on behalf of a class of individuals who purchased or otherwise acquired the Company’s common stock between February 5, 2021 and January 19, 2022 against the Company and certain of its current and former officers, alleging that the defendants made false and/or misleading statements about demand for the Company’s products and the reasons for the Company’s inventory growth, and engaged in improper trading in violation of Sections 10(b) and 20A of the Exchange Act.

During fiscal 2022, we opened two new stores in the U.S.

As a result of the increases in the combined Switzerland tax rates and the impact of implementation of global minimum tax requirements, we expect our effective tax rate to be higher in the future, beginning with the 2024 tax year.

As of June 30, 2023, commitments for convertible senior notes totaled $1,000.0 million and for the term loan totaled $742.5 million.

We also purchase, and plan to continue purchasing, carbon credits to fully achieve our emissions goals in the long-term. Our aim is to procure such credits from high integrity projects, with a focus on nature-based solutions where feasible.

The income tax provision was $74.2 million in the year ended December 31, 2023, as compared to $54.7 million in the same period in 2022.


Question: What is the expected impact of the investigation into Tesla's waste segregation practices on its business?

While the outcome of this matter cannot be determined at this time, it is not currently expected to have a material adverse impact on our business.

For the year ended December 31, 2023, the net cash provided by operating activities was $13,426 million.

The Company’s purchases from the ATMP JV during 2023 and 2022 both amounted to $1.7 billion. The Company’s resales to the ATMP JV during 2023 and 2022 amounted to $14 million and $15 million, respectively.

The following table presents earnings per share for fiscal 2023: Class A common stock had basic earnings per share of $8.29.

Several methods are used to promote our products, including the use of dealer, retail and fleet incentives, such as customer rebates and finance rate support.

CSB and CSPB are Texas-chartered savings banks regulated by the Federal Reserve, Texas Department of Savings and Mortgage Lending, CFPB, and FDIC. Trust Bank is a Nevada-chartered savings bank regulated by the Federal Reserve, Nevada Financial Institutions Division, CFPB, and FDIC.

In the fiscal year 2023, the company recorded a charge of approximately $0.3 billion for in-process research and development impairments (IPR&D).

On July 2, 2023, The Hershey Company paid a total of $206.1 million in cash dividends.


Question: What varies the warranty term for EV Chargers from 1 to 5 years?

The warranty term for EV Chargers is 1 to 5 years depending on the product.

In 2023 the Company’s Entertainment segment used production financing to fund certain of its television and film productions.

We do not believe that such normal and routine litigation will have a material effect on our financial condition or results of operations.

As of January 28, 2023, we have approximately 2,500 Dollar Tree Plus stores.

Professional services and other revenues increased by $496 million from fiscal year 2022 to 2023.

The auditing of Broadcom Inc.'s internal control over financial reporting as of October 29, 2023, was based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

We also purchase, and plan to continue purchasing, carbon credits to fully achieve our emissions goals in the long-term. Our aim is to procure such credits from high integrity projects, with a focus on nature-based solutions where feasible.

The product is marketed as Linzess in the United States and as Constella outside of the United States.


Question: What initiative does the Basel, Rotterdam and Stockholm Conventions focus on?

Global treaties and initiatives such as the Basel, Rotterdam and Stockholm Conventions on Chemicals and Waste focus on regulating chemical substances globally.

At the end of fiscal 2023, the Company operated 6,300 stores in the U.S., 740 stores in Mexico and 100 stores in Brazil.

Revenue grew by 7.1% in 2023 compared to 2022.

Item 8 in IBM’s 2023 Annual Report to Stockholders includes the Financial Statements and Supplementary Data, found on pages 44 to 121.

In fiscal year 2023, a 25 basis point change in the discount rate would affect HP's net periodic benefit cost by 5 million, in compensation levels by 1 million, and in expected long-term return on plan assets by 14 million.

The document admits that internal control over financial reporting has inherent limitations which may prevent it from detecting or preventing misstatements.

The total unrealized losses on U.S. Treasury securities amounted to $134 million.

We expect organic service revenue growth in 2024 to benefit from our new and existing digital offerings and ALM, as well as our traditional services.


Question: Who are the co-chairs of the Firmwide Capital Committee, and what are their roles at Goldman Sachs?

The Firmwide Capital Committee, co-chaired by the head of Credit Risk and a co-head of the Global Financing Group, provides approval and oversight of debt-related transactions, including principal commitments of our capital, aiming to ensure that business, reputational, and suitability standards for underwritings and capital commitments are maintained on a global basis.

Changes in foreign exchange rates impacted cash and cash equivalents positively by $15 and $46 in 2023 and 2021, and negatively by $249 in 2022.

Item 8 is titled Financial Statements and Supplementary Data in the financial document.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA. The information required by this item is included in Item 15(a) of this Annual Report.

Lending-related fees generally represent transactional fees earned from certain loan commitments, financial guarantees and SBLCs.

Impairment tests for indefinite-lived intangible assets need to be performed at least annually, or more often if certain events or circumstances suggest potential impairment.

In December 2023, the PRA issued near final market risk rules for the U.K. which are expected to be effective from July 1, 2025.

In November 2023, the company issued $500 million of 5.750% unsecured senior notes due December 1, 2028 and $850 million of 5.950% unsecured senior notes due March 15, 2034. The net proceeds, reduced for the underwriters' discounts and commissions paid, were $1.3 billion. These proceeds were used for general corporate purposes, including the repayment of existing indebtedness and borrowings under the commercial paper program.


Question: How many shares vested and are expected to vest by the end of 2023 for PSUs, and what is their expected fair value per share?

By the end of 2023, 114 PSU shares are expected to vest, each with an expected fair value of $1,557.11 per share.

Note 17, 'Litigation and Contingencies,' to the Consolidated Financial Statements in Item 8 of Part II, which is incorporated herein by reference.

Amazon Prime, a membership program, offers fast, free shipping on tens of millions of items, access to award-winning movies and series, and other benefits.

In 2023, the income tax benefit was recorded at 12.9% of pre-tax loss.

We believe AIP uniquely allows users to connect LLMs and other AI with their data and operations to facilitate decision-making within the legal, ethical, and security constraints that they require.

'Acquired brands' refers to brands acquired during the past 12 months. Typically, the Company has not reported unit case volume or recognized concentrate sales volume related to acquired brands in periods prior to the closing of a transaction. Therefore, the unit case volume and concentrate sales volume related to an acquired brand are incremental to prior year volume.

In addition, Iron Mountain was named among Comparably's 2023 Best Companies for Women and Best Companies for Diversity.

Visa Inc. reported a net income of $17,273 million for the fiscal year ended September 30, 2023.


Question: What was the total amount of Delta Air Lines' future aircraft purchase commitments as of December 31, 2023?

As of December 31, 2023, Delta Air Lines' future aircraft purchase commitments totaled approximately $17.5 billion. These commitments are for various aircraft models slated for delivery in upcoming years, stretching from 2024 to 2028 and thereafter.

The index to Financial Statements and Supplementary Data is presented in the document.

Professional services and other revenues increased by $496 million from fiscal year 2022 to 2023.

Over the last three years, Walmart International has undertaken strategic actions including divesting of Walmart Argentina, Asda Group... in the U.K., Seiyu in Japan, buying out noncontrolling interests in Massmart, exiting operations in Africa, and increasing ownership in PhonePe.

In 2021, a gain of $26.7 million was realized from a legal settlement related to a historical eOne dispute.

Global treaties and initiatives such as the Basel, Rotterdam and Stockholm Conventions on Chemicals and Waste focus on regulating chemical substances globally.

Total expenses increased, primarily driven by higher Card Member rewards expense and Card Member services expense.

Our quarterly cash dividend is currently $0.19 per share, subject to declaration by our Board of Directors or a designated Committee of the Board of Directors.


Question: How did the Company's Entertainment segment finance its television and film productions in 2023?

In 2023 the Company’s Entertainment segment used production financing to fund certain of its television and film productions.

We increased our common stock dividend by 22% during 2022.

Total net additions to property and equipment for AWS in 2023 amounted to $24,843 million.

As a result of the increases in the combined Switzerland tax rates and the impact of implementation of global minimum tax requirements, we expect our effective tax rate to be higher in the future, beginning with the 2024 tax year.

Available-for-sale debt securities are primarily aimed at preserving capital and ensuring liquidity, reflecting the strategic goals for managing these investments.

We paid cash of $303.9 million for income taxes during 2023 compared to $221.3 million in the same period of 2022.

In 2023, UnitedHealthcare generated $29,068 million from operating activities.

On July 2, 2023, The Hershey Company paid a total of $206.1 million in cash dividends.


Question: What was the total revenue reported by Costco Wholesale Corporation for the fiscal year ending September 3, 2023?

Garmin offers a full line-up of marine VHF radios and Automatic Identification System (AIS) transceivers with the latest feature sets including integrated GPS receivers for the communication needs of all types of mariners. Garmin radios are NMEA 2000 compatible and offer multi-station support, and monitor all AIS channels.

For the years ended December 31, 2023 and 2022, the net unrealized gains (losses) for equity securities held at December 31, 2023 and 2022 were $(12) million and $(49) million, respectively.

Net earnings declined modestly by $55 million to $14.7 billion due to the increase in earnings before income taxes, more than fully offset by the increase in the effective income tax rate discussed above.

Insurance segment premiums revenue increased $13.6 billion, or 15.5%, from $87.7 billion in the 2022 period to $101.3 billion in the 2023 period.

Note 13 in the Annual Report on Form 10-K includes information regarding commitments and contingencies associated with legal proceedings.

Net operating revenues were $45,754 million in 2023, compared to $43,004 million in 2022, an increase of $2,750 million, or 6%.

Losses and loss adjustment expenses increased $1.3 billion (13.5%) in 2023 compared to 2022, which increased $1.8 billion (22.0%) versus 2021. The loss ratio decreased 6.4 percentage points in 2023 compared to 2022, reflecting lower incurred losses from current year catastrophes and changes in business mix, including the impact of RSUI and CapSpecialty. Losses and loss adjustment expenses | | 11,224 | | 65.5 | | | | 9,889 |


Question: What is the purpose of the IQ Energy Router family of devices introduced by Enphase in 2025

In June 2023, we introduced the IQ� Energy Router family of devices in Germany and Austria to enable the integration of select third-party EV chargers and heat pumps into Enphase solar and battery systems.

In contrast, contributions from COVID-19 vaccinations reached their highest quarterly volume during the fourth quarter of 2023. During the first quarter of 2022, the Company saw high volumes of administration of COVID-19 vaccinations, and during the fourth quarter, there was an increase in COVID-19 vaccine administration from the prior quarter related to the bivalent COVID-19 booster.

In the head-to-head Phase 4 IMMpulse study, significantly more patients achieved co-primary endpoints with Skyrizi versus Otezla and was well-tolerated with no new safety signals identified.

On March 15, 2022, the European Commission and the U.K. Competition and Markets Authority conducted unannounced inspections at the premises of, and sent formal requests for information to, several companies and associations active in the automotive sector.

The Macao government announced gross gaming revenue increased approximately 333.8% and decreased approximately 37.4%, during the year ended December 31, 2023, as compared to 2022 and 2019, respectively.

CSB and CSPB are Texas-chartered savings banks regulated by the Federal Reserve, Texas Department of Savings and Mortgage Lending, CFPB, and FDIC. Trust Bank is a Nevada-chartered savings bank regulated by the Federal Reserve, Nevada Financial Institutions Division, CFPB, and FDIC.

Because the hours of operation are shorter than many other retailers, and due to other efficiencies inherent in a warehouse-type operation, labor costs are lower relative to the volume of sales. Merchandise is generally stored on racks above the sales floor and displayed on pallets containing large quantities, reducing labor required.


Question: What was the total long-term debt, including the current portion, for AbbVie as of December 31, 2023?

The following table summarizes AbbVie's estimated material contractual obligations as of December 31, 2023, which includes long-term debt, both current and long-term portions, totaling $59,245 million.

These assets are not amortized but are evaluated annually for impairment.

Schwab's trading revenue decreased by 12% from 2022 to 2023.

As of December 31, 2023, our board is composed of 40% women and 10% people of color.

The Financial Statements and Supplementary Data from pages 44 through 121 of IBM’s 2023 Annual Report to Stockholders are incorporated by reference in the Form 10-K.

Changes in circumstance that may trigger a goodwill impairment assessment for one of our business units can include, among others, changes in the legal environment, addressable market, business strategy, development or business plans, reimbursement structure or rates, operating performance, future prospects, relationships with partners, interest rates and/or market value indications for the subject business.

The income tax provision was $74.2 million in the year ended December 31, 2023, as compared to $54.7 million in the same period in 2022.

The net earnings attributable to UnitedHealth Group common shareholders for the year 2023 was $22,381 million.


Question: What was the number of options granted at Hilton for the year ended December 31, 2023, and what was their weighted average exercise price per share?

For the year ended December 31, 2021, 341 thousand options were granted at Hilton with a weighted average exercise price per share of $146.18.

Critical assumptions that are used as part of a quantitative Family Dollar goodwill evaluation include: •The potential future revenue, EBITDA and cash flows of the reporting unit. The projections use management’s assumptions about economic and market conditions over the projected period.

The HP GreenValley edge-to-cloud platform is used for software-defined disaggregated storage services that include HPE GreenLake for Block Storage and HPE GreenLake for File Storage, and it provides unified cloud-based management to simplify how customers manage storage.

Net revenue is also generated from the sale of software solutions that enable our customers to plan, develop, automate, manage, and secure applications across mainframe, distributed, mobile, and cloud platforms.

The company believes that trademarks have significant value for marketing products, e-commerce, stores, and business, with the possibility of indefinite renewal as long as the trademarks are in use.

As a global company, Enphase Energy faced risks from evolving macroeconomic conditions, including inflation, interest rates changes, fluctuations in foreign currency exchange rates, potential slowdowns or recessions, and geopolitical pressures including trade regulations and armed conflicts in Ukraine, the Gaza Strip, and nearby areas during 2023.

Servicing software revenues include integrated mortgage servicing solutions, which help automate all areas of the servicing process, from loan boarding to final payment or default. Our servicing solutions support first lien mortgages, home equity loans and lines of credit on a single platform to manage all servicing processes.

Represents the target level of performance share units vested as of December 31, 2023 for the 2021-2023 performance period.


Question: Why does the company maintain a valuation allowance against its California research and development credit deferred tax assets?

We continue to maintain a valuation allowance against our California research and development credit deferred tax assets due to the uncertainty regarding realizability of these deferred tax assets as they have not met the “more likely than not” realization criteria, particularly as we expect research and development tax credit generation to exceed our ability to use the credits in future years.

We sell our products through NIKE Direct operations, which is comprised of both NIKE-owned retail stores and sales through our digital platforms (also referred to as 'NIKE Brand Digital'), to wholesale accounts and to a mix of independent distributors, licensees and sales representatives in nearly all countries around the world.

For the year ended December 31, 2023, Ford reported consolidated revenues of $176,191 million.

The company believes that the funds available, including cash expected to be generated from operations, funds from a commercial paper program, or lines of credit, are adequate to meet its working capital needs for the year, including the repayment of a $500 million debt.

Our effective tax rate for fiscal years 2023 and 2022 was 19% and 13%, respectively.

Net earnings declined modestly by $55 million to $14.7 billion due to the increase in earnings before income taxes, more than fully offset by the increase in the effective income tax rate discussed above.

Insurance/Self-insurance Liabilities Claims for employee health-care benefits, workers’ compensation, general liability, property damage, directors’ and officers’ liability, vehicle liability, inventory loss, and other exposures are funded predominantly through self-insurance. Insurance coverage is maintained for certain risks to seek to limit exposures arising from very large losses. We use various risk management mechanisms, including a  wholly-owned captive insurance subsidiary, and participate in a reinsurance program.

Domestic wireless revenue increased in 2023 and 2022 primarily due to an increase in the number of customer lines. Wireless devices sales were consistent in 2023 compared to 2022 and increased in 2022 compared to 2021.


Question: In which form is the Financial Statement Schedule of IBM's 2023 report found?

The Financial Statement Schedule for IBM's 2023 report can be found on page S-1 of Form 10-K.

Linzess (linaclotide) is a once-daily guanylate cyclase-C agonist used in adults to treat irritable bowel syndrome with constipation (IBS‑C) and chronic idiopathic constipation.

During this time, Ford reached an agreement with California on a set of terms for an alternative framework in which Ford committed to meet a designated set of standards on a national basis for model years 2021 through 2026 that were more stringent than the then-rolled back federal standards in lieu of the California regulatory program.

Mergers and acquisitions, joint ventures and strategic investments complement our internal development and enhance our partnerships to align with Visa’s priorities.

Under the Senior Credit Facilities, the company may increase the maximum leverage ratio to a maximum of 4.75 to 1.0 in the case of material acquisitions, given that certain requirements are fulfilled.

Starting in fiscal year 2024, Electronic Arts is transitioning its global football franchise to a new brand, EA SPORTS FC, with a vision to create the largest football club in the world and to connect more fans globally through innovative approaches.

A recent example of this was the September 2023 premier of the television series, Power Rangers Cosmic Fury season 30, released on the Netflix streaming platform.

In March 2023, the Board of Directors sanctioned a restructuring plan concentrated on investment prioritization towards significant growth prospects and the optimization of the company's real estate assets. This includes substantial organizational changes such as reductions in office space and workforce.


Question: What changes occurred in the cost of sales from 2022 to 2023 and what factors influenced these changes?

The increase in cost of sales in absolute dollars in 2023, compared to the prior year, is primarily due to increased product and shipping costs resulting from increased sales, partially offset by fulfillment network efficiencies and lower transportation rates.

Specific details regarding a company's legal proceedings are mentioned in Note 12 to the Consolidated Financial Statements.

Penalties for impermissible use or disclosure of PHI were increased by the HITECH Act by imposing tiered penalties of more than $50,000 per violation and up to $1.5 million per year for identical violations.

General Motors operates through automotive segments which include GM North America (GMNA) and GM International (GMI).

Total expenses increased, primarily driven by higher Card Member rewards expense and Card Member services expense.

For enterprise networks, we offer product families with secure, encrypted switching capabilities and support lower power modes that comply with industry standards around energy efficient Ethernet.

Excluding the items in the table below, adjusted profit per share for 2022 was $13.84 and for 2023 it was $21.21.


Question: What was the noncash pre-tax impairment charge recorded due to the disposal of Vrio's operations in 2021, and what are the main components contributing to this amount?

In the second quarter of 2021, we classified the Vrio disposal group as held-for-sale and reported the disposal group at fair value less cost to sell, which resulted in a noncash, pre-tax impairment charge of $4,555, including approximately $2,100 related to accumulated foreign currency translation adjustments and $2,500 related to property, plant and equipment and intangible assets.

Fiscal year 2020 consisted of the 52 weeks ended on January 30, 2021 ('fiscal 2020'). Fiscal year 2021 consisted of the 52 weeks ended on January 29, 2022 ('fiscal 2021') and fiscal year 2022 consisted of the 52 weeks ended on January 28, 2023 ('fiscal 2022').

By calendar 2025, FedEx plans for 50% of FedEx Express global pickup-and-delivery vehicle purchases to be electric, rising to 100% of all purchases by calendar 2030.

On July 17, 2023, the company repaid the $500 million 3.125% Senior Notes due July 2023.

For the year ended December 31, 2023, AT&T Inc. reported revenues at $122,428 million, operations and support expenses at $80,190 million, EBITDA at $42,238 million, depreciation and amortization at $18,777 million, and operating income at $23,461 million.

Professional services and other revenues increased by $496 million from fiscal year 2022 to 2023.

We use comparable sales as a metric to evaluate the performance of our business. Refer to the Comparable Sales and Sales Per Square Foot section of this management's discussion and analysis of financial condition and results of operations for further information.

In June 2023, we introduced the IQ� Energy Router family of devices in Germany and Austria to enable the integration of select third-party EV chargers and heat pumps into Enphase solar and battery systems.


Question: What factors led to the increase in Intelligent Edge earnings from operations as a percentage of net revenue?

Intelligent Edge earnings from operations as a percentage of net revenue increased 12.4 percentage points primarily due to decreases in cost of products and services as a percentage of net revenue and operating expenses as a percentage of net revenue.

The company's products and services are sold through partnerships with independent software vendors, systems integrators, and advisory firms. These partners help integrate the company's offerings into their own product and service solutions, assist in sales to clients purchasing their own products, and provide expertise in designing and implementing custom IT solutions.

Our 2022 EPS-diluted also benefited from lower weighted-average shares outstanding as a result of share repurchases pursuant to our Board-approved repurchase programs.

Point of Service, or POS, plans allow members to choose, at the time medical services are needed, to seek care from a provider within the plan's network or outside the network. POS plans combine the advantages of HMO plans with the flexibility of PPO plans.

The adjusted operating loss decreased by $295 million, or 18.3%, in 2023 compared to 2022. This decrease was primarily driven by decreased operating expenses associated with the termination of certain transformation initiatives.

We include realized gains and losses on our available-for-sale debt securities in interest and other income or expense in our consolidated statements of operations.

The FCC or other regulatory authorities may adopt new or different regulations for MVNOs and/or mobile broadband providers in the future, which could adversely affect our wireless phone service offering or our business generally.

As of the end of 2023, Hilton's development pipeline included projects in 118 countries and territories.


Question: Where can the 'Glossary of Terms and Acronyms' be found in the document?

The 'Glossary of Terms and Acronyms' is included on pages 315-321.

Net earnings to common totaled $952 million for the year ended December 2023 in Goldman Sachs' Asset & Wealth Management.

In December 2021, the OECD issued Pillar Two model rules which would establish a global per-country minimum tax of 15%, and the European Union has approved a directive requiring member states to incorporate similar provisions into their respective domestic laws. The directive requires the rules to initially become effective for fiscal years starting on or after December 31, 2023.

Net Sales Mix: North America | 61% | International | 23% | AWS | 16% | Consolidated | 100%

Current portion of long-term debt increased to $1,608 million at October 29, 2023 from $440 million at October 30, 2022, primarily due to certain debt instruments becoming due within the next twelve months.

Comcast's operating income saw a significant increase, rising by 66.0% from 2022 to 2023.

The entire amount of a booking is reflected in GBV during the quarter in which booking occurs, whether the guest pays the entire amount of the booking upfront or elects to use our Pay Less Upfront program.

The Macao government announced gross gaming revenue increased approximately 333.8% and decreased approximately 37.4%, during the year ended December 31, 2023, as compared to 2022 and 2019, respectively.


Question: What is the quarterly cash dividend per share as of the latest update?

Our quarterly cash dividend is currently $0.19 per share, subject to declaration by our Board of Directors or a designated Committee of the Board of Directors.

At January 28, 2023, we operated stores in 48 states and the District of Columbia, as well as stores in five Canadian provinces.

Net deferred tax liabilities for the company on December 31, 2023 were listed as $58,583.

During 2023, AMC served as the theatrical distributor for two theatrical releases: TAYLOR SWIFT | THE ERAS TOUR and RENAISSANCE: A FILM BY BEYONCÉ.

Fiscal Year Highlights The Company’s total net sales were $383.3 billion and net income was $97.0 billion during 2023. The Company’s total net sales decreased 3% or $11.0 billion during 2023 compared to 2022. The weakness in foreign currencies relative to the U.S. dollar accounted for more than the entire year-over-year decrease in total net sales, which consisted primarily of lower net sales of Mac and iPhone, partially offset by higher net sales of Services.

Adjusted EBITDA excludes both interest expense, net and the provision (benefit) for income taxes. These expenses are associated with our capitalization and tax structures, which we do not consider when evaluating the operating profitability of our core operations. Adjusted EBITDA does not include depreciation and amortization expenses, in order to eliminate the impact of capital investments.

The entire amount of a booking is reflected in GBV during the quarter in which booking occurs, whether the guest pays the entire amount of the booking upfront or elects to use our Pay Less Upfront program.

IBM's 2023 Annual Report reserves pages 44 through 121 for Financial Statements and Supplementary Data.


Question: What was the fiscal year cash flow before share repurchases and changes in debt as of August 26, 2023?

Cash flow before share repurchases and changes in debt was $2.2 billion for the fiscal year ended August 26, 2029.

Our effective tax rates could be affected by numerous factors, including changes in foreign exchange rates.

(8) Inventory turnover is calculated as cost of sales divided by the average merchandise inventory balance over the trailing 5 quarters.

In 2006, AT&T acquired ILEC BellSouth Corporation.

Chubb's exposure to molestation claims principally arises out of liabilities acquired when it purchased CIGNA's P&C business in 1999 and Chubb Corp in 2016.

The GDPR imposes a comprehensive data protection regime with the potential for regulatory fines as much as up to the greater of 4% of worldwide turnover or €20 million.

Due to a broad-based slowdown in product demand during 2023, Enphase Energy conducted a restructuring plan to reduce operating costs and realign its manufacturing operations, which included workforce reductions and ceasing operations at certain manufacturing locations.

During fiscal 2022, we opened two new stores in the U.S.