Question: Under what captions is the executive compensation information detailed in the 2023 Proxy Statement?

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.

The Company recognized impairment charges for the fiscal year ended June 30, 2022, primarily consisting of impairment loss of $57.6 million related to Connected Fitness assets, $21.3 million related to manufacturing equipment, $19.0 million related to Peloton Output Park and $15.9 million related to acquired technology. These impairment charges reduced the carrying value of these asset groups from $222.9 million to $109.1 million.

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

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.

All of our Company’s facilities and other operations in the United States and elsewhere around the world are subject to various environmental protection statutes and regulations, including those relating to the use and treatment of water resources, discharge of wastewater, and air emissions.

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 auditor's opinion on Palantir Technologies' financial statements was based on extensive audits that involved evaluating risks of material misstatement, both from error and fraud. Procedures included examining evidence and evaluating the accounting principles and estimates used by management. The audits were conducted adhering to PCAOB standards, confirming the financial statements conform to U.S. generally accepted accounting principles.

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 was the main reason for the increase in interest income in 2023?

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

Consumer segment operating income increased $224 million, or 9%, in fiscal 2023 compared with fiscal 2022, primarily due to the increase in revenue described above and lower marketing expenses.

Delta Air Lines handles the revenue from marketing agreements by dividing the consideration among the various services delivered, which are valued based on the relative selling prices of these services.

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

In 2023, the constant currency revenue for the United States was reported as $146,286 million.

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.

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.

Under the expected present value technique, increasing the profit element and risk premium input by 100 basis points would result in a $1.2 million increase to the liability. Decreasing the profit element and risk premium by 100 basis points would result in a $1.2 million reduction of the liability.


Question: Through which channels does the company disclose material non-public information?

We disclose material non-public information through one or more of the following channels: our investor relations website (http://corporate.lululemon.com/investors), the social media channels identified on our investor relations website, press releases, SEC filings, public conference calls, and webcasts.

Technology and communications expenses increased by $51 million in 2023 from 2022, primarily due to $40 million related to Black Knight and increased hardware and software support costs, partially offset by a decrease in license expense.

Increasing reliance on and investment in information technology infrastructure, security measures, and privacy capabilities are essential for companies managing customer's financial information due to rising risks of fraud and data security.

Short-Term Investments Short-term investments generally consist of debt securities (U.S. Government and Agency Notes), with maturities at the date of purchase of three months to five years. Investments with maturities beyond five years may be classified, based on the Company’s determination, as short-term based on their highly liquid nature and because they represent the investment of cash that is available for current operations. Short-term investments classified as available-for-sale are recorded at fair value using the specific identification method with the unrealized gains and losses reflected in accumulated other comprehensive income (loss) until realized. Realized gains and losses from the sale of available-for-sale securities, if any, are determined on a specific identification basis and are recorded in interest income and other, net in the consolidated statements of income.

We generally do not utilize derivative products, such as interest rate swaps, to manage interest rate risks and we do not attempt to match maturities of assets and liabilities.

Chevron holds a concession to operate the Kingdom of Saudi Arabia’s 50 percent interest in the hydrocarbon resources in the onshore area of the Partitioned Zone between Saudi Arabia and Kuwait. The concession expires in 2046.

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.

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


Question: What advancements have been made in Ethernet transceiver technology?

Our high performance Ethernet transceivers are built upon a proprietary digital signal processing communication architecture optimized for high-speed network connections and support the latest standards and advanced features, such as energy efficient Ethernet, data encryption and time synchronization.

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.

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.

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

We consider operational risk to be the risk of loss due to, among other things, inadequate or failed processes, people or information systems, or impacts from the external environment, including failures to comply with laws and regulations as well as impacts from relationships with third parties.

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.

Entertainment segment operating losses in 2023 were driven primarily by a non-cash goodwill impairment charge of $960.0 million, reflecting a reduced long-term forecast due to lower profitability of PJ MASKS, and a loss on disposal of business of $539.0 million related to the sale of the eOne Film and TV business not directly supporting the Company's Entertainment Strategy, among other factors.

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: How much of the lease obligations is payable within 12 months as of December 31, 2023?

As of December 31, 2023, we had fixed lease payment obligations with $136 million payable within 12 months.

Palantir Cloud subscriptions grant customers the right to access the software functionality in a hosted environment controlled by Palantir and are also sold together with stand-ready O&M services. Revenue associated with Palantir Cloud subscriptions is generally recognized over the contract term on a ratable basis, which is consistent with the transfer of control of the Palantir Cloud services to the customer.

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

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

Free cash flow is considered a non-GAAP financial measure, defined as net cash provided by operating activities in a period minus payments for property and equipment made in that period.

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.

Stored value cards and loyalty program at October 2, 2022 showed a balance of approximately $1.503 billion.

In 2023, no single customer accounted for more than approximately 1% of revenue for Iron Mountain.


Question: What were the major factors contributing to the decrease in gross margin for NIKE in fiscal 2023?

The decrease in gross margin for fiscal 2023 was primarily due to: Higher NIKE Brand product costs, on a wholesale equivalent basis, primarily due to higher input costs and elevated inbound freight and logistics costs as well as product mix; Lower margin in our NIKE Direct business, driven by higher promotional activity; Unfavorable changes in net foreign currency exchange rates; and Lower off-price margin.

The Second Development Agreement provides for a total minimum project cost of approximately SGD 4.5 billion.

Net cash provided by operating activities decreased by $1.47 billion to $13.26 billion during the year ended December 31, 2023 from $14.72 billion during the year ended December 31, 2022.

The section of the document, indicated as Item 8, specifically includes Financial Statements and Supplementary Data.

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.

The Company recognized impairment charges for the fiscal year ended June 30, 2022, primarily consisting of impairment loss of $57.6 million related to Connected Fitness assets, $21.3 million related to manufacturing equipment, $19.0 million related to Peloton Output Park and $15.9 million related to acquired technology. These impairment charges reduced the carrying value of these asset groups from $222.9 million to $109.1 million.

For light- and medium-duty passenger cars and light trucks, EPA promulgated a rule in 2021 establishing GHG standards applicable from model years 2023 through 2026. This rule reversed a rollback of GHG standards that EPA had previously promulgated in 2020.

As of December 31, 2022, the total gross unrealized losses for available-for-sale securities were $114,128 and the total fair value was $1,357,615.


Question: What was the percent change in broadband revenues for AT&T in 2023 compared to 2022?

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.

These independent power projects sell power generated primarily from wind, solar, geothermal and hydro sources under long-term contracts.

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

Total revenues decreased 1% to $27.1 billion in 2023, compared to 2022.

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.

After-tax earnings of real estate brokerage decreased $87 million (87.0%) in 2023 compared to 2022. The decrease reflected lower brokerage services revenues and margins, primarily due to a 19% reduction in closed brokerage transaction volumes, as well as lower mortgage services revenues and margins from a 28% decrease in closed transaction volumes. These declines were attributable to the impact of rising interest rates and lower existing home sales.

A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.

U.S. Dollar strengthening 9.7% against the Taiwan Dollar, resulting in a gain of $28.0 million.


Question: How much were the net proceeds from the issuance of unsecured senior notes in November 2023, and what were they used for?

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.

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

•Operating income increased $321 million, or 2%, to $18.1 billion versus year ago due to the increase in net sales, partially offset by a modest decrease in operating margin.

For the year ending on December 31, 2021, Delta Air Lines recorded a special profit sharing expense of $108 million. This expense was based on the adjusted pre-tax profits earned during the second half of that year and was intended to recognize the extraordinary efforts of its employees through the pandemic.

Interest income increased $769 million, or 259%, in the year ended December 31, 2023 as compared to the year ended December 31, 2022. This increase was primarily due to higher interest earned on our cash and cash equivalents and short-term investments in the year ended December 31, 2023 as compared to the prior year due to rising interest rates and our increasing portfolio balance.

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

On October 30, 2022, the fair value measurement of cash equivalents at the reporting date using Level 1 was $19 million.


Question: How did the trading revenue percentage change at Schwab from 2022 to 2023?

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

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).

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.

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

The increase in gross profit is primarily attributable to a decrease in freight expense as a result of lower ecommerce volume and added cost optimizations, partially offset by the translation impact of a stronger U.S. dollar.

As of January 28, 2024, we held cash and cash equivalents of $2.2 billion.

Cash provided by operating activities during 2023 mostly consisted of $39.10 billion net income adjusted for certain non-cash items, such as $14.03 billion of share-based compensation expense and $11.18 billion of depreciation and amortization expense, as well as $3.29 billion of favorable changes in working capital. The increase in cash flows from operating activities during 2023 compared to 2022 was mostly due to an increase in cash collection from our customers driven by the increase in revenue, and a decrease in payments to our vendors.

Increases at our Macao operations were primarily driven by increases of $57 million in ferry operations due to the resumption of ferry services in January 2023, $31 million in entertainment revenue, $16 million in limo revenue, $5 million in retail revenue, $4 million in convention revenue and $14 million in other operating revenues (e.g., Eiffel Tower, spa, and gondola rides).


Question: How much did the profit per share increase in 2023 compared to 2022 excluding specific items?

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

We also refer to a number of financial measures that are not defined under accounting principles generally accepted in the United States of America (U.S. GAAP), consisting of organic sales growth, core earnings per share (Core EPS), adjusted free cash flow and adjusted free cash flow productivity. Organic sales growth is net sales growth excluding the impacts of acquisitions and divestitures and foreign exchange from year-over-year comparisons. Core EPS is diluted EPS excluding certain items that are not judged by management to be part of the Company's sustainable results or trends. Adjusted free cash flow is operating cash flow less capital spending and excluding payments for the transitional tax resulting from the U.S. Tax Act. Adjusted free cash flow productivity is the ratio of adjusted free cash flow to net earnings excluding certain one-time items.

The decrease in gross margin for fiscal 2023 was primarily due to: Higher NIKE Brand product costs, on a wholesale equivalent basis, primarily due to higher input costs and elevated inbound freight and logistics costs as well as product mix; Lower margin in our NIKE Direct business, driven by higher promotional activity; Unfavorable changes in net foreign currency exchange rates; and Lower off-price margin.

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

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

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.

Proceeds from issuance of long-term debt in 2023 amounted to $872.9 million.

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.


Question: What is a paid membership as defined in the provided context?

A paid membership (also referred to as a paid subscription) is defined as a membership that has the right to receive service following sign-up and a method of payment being provided, and that is not part of a free trial or certain other promotions.

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.

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.

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.

Clinical trials generally require submission of an application for an investigational device exemption (IDE), which must be supported by appropriate data, such as animal and laboratory testing results.

We make available free of charge on the Investor Relations section of our corporate website all of the reports we file with or furnish to the SEC as soon as reasonably practicable, after the reports are filed or furnished.

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.

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.


Question: What was the impact of the changes in foreign exchange rates on cash and cash equivalents in 2022?

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.

We have access to $1.0 billion of commitments and a $200 million sub-limit for the issuance of letters of credit under the 2022 Credit Facility.

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

Dealer Inventories – Represents dealer machine and engine inventories, excluding aftermarket parts.

•Merchandise cost, which includes freight, decreased 255 basis points resulting primarily from higher initial mark-on, partially offset by higher freight costs and increased sales of lower margin consumable merchandise on the Family Dollar segment.

In 2023, total earning assets were reported at 535,500, marking a decrease of 1 percent from the previous year's total of 539,032.

If we determine that a loss is reasonably possible and the loss or range of loss can be estimated, we disclose the possible loss in Note 10 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.

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.


Question: How many global members did AMC's loyalty programs have as of December 31, 2023?

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

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.

For light- and medium-duty passenger cars and light trucks, EPA promulgated a rule in 2021 establishing GHG standards applicable from model years 2023 through 2026. This rule reversed a rollback of GHG standards that EPA had previously promulgated in 2020.

FCF is a non-GAAP measure that is defined as cash flow from operations, excluding the impact of proceeds received in the fourth quarter of fiscal 2021 from a one-time Itanium litigation judgment, less net capital expenditures (investments in PP&E less proceeds from the sale of PP&E), and adjusted for the effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash.

In 2023, Bank of America delivered approximately 6.7 million hours of training and development to its teammates through Bank of America Academy.

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

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.

Under the 2020 Plan, the exercise price of options granted is generally at least equal to the fair market value of the Company’s Class A common stock on the date of grant.


Question: How many hours of training and development did Bank of America provide to its employees in 2023?

In 2023, Bank of America delivered approximately 6.7 million hours of training and development to its teammates through Bank of America Academy.

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.

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

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.

Our capabilities differ by market and include:  •Buy online pick-up in store - guests can purchase our products via our website or digital app and then collect that product from a retail location;  •Ship from store – we are able to fulfill e-commerce orders by accessing inventory at both our distribution centers and at our retail locations, expanding the pool of accessible inventory; •One inventory pool – we are able to view and allocate

For a discussion of legal and other proceedings in which we are involved, see Note 13 - Commitments and Contingencies in the Notes to Consolidated Financial Statements in Part II, Item 8 of this Annual Report on Form 10-K.

On July 12, 2022, the company announced that they are exiting all owned-manufacturing operations and expanding their current relationship with Taiwanese manufacturer, Rexon Industrial Corp.

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).


Question: How does the GDPR penalize non-compliance in terms of fines?

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.

Item 8 is titled 'Financial Statements and Supplementary Data.'

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.

See Note 14 to the consolidated financial statements in Item 8 of this Annual Report for a description of legal proceedings.

Revenues were $307.4 billion, an increase of 9% year over year.

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.

As of December 31, 2023, Hilton managed 800 hotels with 250,472 rooms.

Interest income increased $769 million, or 259%, in the year ended December 31, 2023 as compared to the year ended December 31, 2022. This increase was primarily due to higher interest earned on our cash and cash equivalents and short-term investments in the year ended December 31, 2023 as compared to the prior year due to rising interest rates and our increasing portfolio balance.


Question: How many countries and territories did Hilton's development pipeline encompass as of the end of 2023?

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

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

Shipping The company’s marine fleet includes both U.S. and foreign flagged vessels. The operated fleet consists of conventional crude tankers, product carriers and LNG vessels.

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

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.

The 2021 credit facility is available for working capital, capital expenditures and other corporate purposes, including acquisitions and share repurchases.

In Printing, our long-term strategic focus is on offering innovative printing solutions and contractual solutions to serve consumers, SMBs and large enterprises through our Instant Ink Services, HP+ and Managed Print Services solutions; providing digital printing solutions for industrial graphics segments and applications including commercial publishing, labels, packaging, and textiles; and expanding our footprint in 3D printing across digital manufacturing and strategic applications.

Exposures are aggregated, monitored, and actively managed by our Global Credit Committee, comprising senior executives, including our Chief Financial Officer, our Chief Risk ejectedf Officer, our Chief Investment Officer, and our Treasurer.


Question: What are the modes through which lululemon serves its guests via e-commerce?

We serve our guests via our e-commerce websites, other country and region-specific websites, digital marketplaces, and mobile apps. E-commerce net revenue includes our buy online pick-up in store, back-back room, and ship from store omni-channel retailing capabilities.

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

In December 2023 and December 2022, AT&T declared a quarterly preferred dividend of $36. In December 2023 and December 2022, AT&T declared a quarterly common dividend of $0.2775 per share of common stock.

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

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.

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.

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

Short-Term Investments Short-term investments generally consist of debt securities (U.S. Government and Agency Notes), with maturities at the date of purchase of three months to five years. Investments with maturities beyond five years may be classified, based on the Company’s determination, as short-term based on their highly liquid nature and because they represent the investment of cash that is available for current operations. Short-term investments classified as available-for-sale are recorded at fair value using the specific identification method with the unrealized gains and losses reflected in accumulated other comprehensive income (loss) until realized. Realized gains and losses from the sale of available-for-sale securities, if any, are determined on a specific identification basis and are recorded in interest income and other, net in the consolidated statements of income.


Question: What is the minimum project cost for the development described in the Second Development Agreement involving MBS?

The Second Development Agreement provides for a total minimum project cost of approximately SGD 4.5 billion.

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.

In an insurance coverage litigation filed in 2004 in Wisconsin, the complaint sought a determination of the rights and obligations under various insurance policies regarding asbestos-related claims against Aqua-Chem, and the insurers also sought monetary judgments for amounts paid in excess of their obligations.

During 2023, Comcast's Theme Parks segment saw an increase in revenue, largely from gains at international and Hollywood parks, though partially offset by a decline at the Orlando park. The Adjusted EBITDA rose as well, despite higher operational costs driven by more guests.

Information about legal proceedings in the Annual Report on Form 10-K is incorporated by reference under several notes and sections.

The company reported a net income of $217,375 thousand for the fiscal year ended December 31, 2023.

The auditing firm expressed an opinion that Alphabet Inc.'s consolidated financial statements presented fairly, in all material respects, the financial position of the company as of December 31, 2022 and 2023, and the results of operations and its cash flows for each of the three years in the period ended December 31, 2023, in conformity with U.S. generally accepted accounting principles.

The term 'Part IV hereof' in the document refers to the section that directly precedes the consolidated financial statements.


Question: How have foreign exchange rates affected the company's tax position?

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

The SEC has defined a company’s critical accounting policies as the ones that are most important to the portrayal of a company’s financial condition and results of operations, and which require a company to make its most difficult and subjective judgments.

Of the $16.4 billion in 2023, $14.3 billion or 33% of gross product sales was related to rebates and chargebacks.

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.

As of January 28, 2024, we held cash and cash equivalents of $2.2 billion.

Item 3—Legal Proceedings See discussion of Legal Proceedings in Note 10 to the consolidated financial statements included in Item 8 of this Report.

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.

Data and Analytics revenues increased 69% in 2023 from 2022 primarily due to $63 million of revenue from Black Knight following the completion of our acquisition in September 2023.


Question: What factors contributed to the impairment charges for Depop and Elo7 in 2022?

The impairment charges for Depop and Elo7 were influenced by factors such as macroeconomic conditions including reopening and inflation, as well as management changes and revised projected cash flows affecting their fair values.

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

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

Our cybersecurity leaders hold memberships and/or positions within the Financial Services Information Sharing and Analysis Center, or FS-ISAC, and the cross-sector Analysis and Resiliency Center, or ARC, in the U.S., the Financial Sector Cyber Collaboration Centre, or FSCCC, in the U.K., and similar organizations across the Europe, Middle East and Africa, or EMEA, and Asia Pacific, or APAC, regions.

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.

The company expects to complete a significant expansion of the Ocala, Florida distribution center in 2024 that includes enhanced automation.

FX-Neutral is defined as GMV minus the exchange rate effect, providing a measure excluding the influences of foreign currency movements. This is a non-GAAP financial measure used to assess performance without the volatility of FX rates.

Cigna integration expenses of $69 million for 2023 principally comprised legal and professional fees and all other costs directly related to the integration activities of the Cigna acquisition.


Question: What are the key components of the company's human capital management that the board of directors monitors?

The board of directors regularly engages with management to facilitate a system of reporting designed to monitor human capital management initiatives as part of the overarching framework guiding workforce management.

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

We use raw materials that are subject to price volatility caused by weather, supply conditions, political and economic variables and other unpredictable factors. We may use futures, options and swap contracts to manage the volatility related to the above exposures.

All new managers in the Company are entered into a three-month immersive learning program and all new executives come together for an upskilling and targeted development program designed around the GM leadership profile.

Recruitment As the demand for global technical talent continues to be competitive, we have grown our technical workforce and have been successful in attracting top talent to NVIDIA. We have attracted strong talent globally with our differentiated hiring strategies for university, professional, executive and diverse recruits. The COVID-19 pandemic created expanded hiring opportunities in new geographies and provided increased  flexibility for employees to work from locations of their choice. Our workforce is about 80% technical and about 50% hold advanced degrees.

The year-over-year decrease of $19.9 billion in net income/(loss) in 2022 includes the effect of special items, including the mark-to-market net loss on our Rivian investment and the impairment on our Argo investment.

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

Item 3 of the Annual Report on Form 10-K refers to disclosures regarding legal proceedings, directing readers to Note 14 of the Notes to the Consolidated Financial Statements in Item 8.


Question: When was Johnson & Johnson incorporated and in which state?

Johnson & Johnson was incorporated in the State of New Jersey in 1887.

In Item 8, one can find detailed information on Financial Statements and Supplementary Data.

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.

Policy acquisition costs and administrative expenses were initially reported as 9,439 million U.S. dollars. Following unfavorable expense adjustments amounting to (23) million, the adjusted total came to 9,416 million U.S. dollars.

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

Under the expected present value technique, increasing the profit element and risk premium input by 100 basis points would result in a $1.2 million increase to the liability. Decreasing the profit element and risk premium by 100 basis points would result in a $1.2 million reduction of the liability.

Our primary marketplace, Etsy.com, and we own other marketplaces including Reverb and Depop. Reverb is a musical instrument marketplace, and Depop is a fashion resale marketplace.

Proceeds from issuance of long-term debt in 2023 amounted to $872.9 million.


Question: What was Delta Air Lines' total profit sharing payments to employees in 2023?

For 2023, Delta Air Lines rewarded its employees with $1.4 billion in profit sharing payments.

Recruitment As the demand for global technical talent continues to be competitive, we have grown our technical workforce and have been successful in attracting top talent to NVIDIA. We have attracted strong talent globally with our differentiated hiring strategies for university, professional, executive and diverse recruits. The COVID-19 pandemic created expanded hiring opportunities in new geographies and provided increased  flexibility for employees to work from locations of their choice. Our workforce is about 80% technical and about 50% hold advanced degrees.

Our committed revolving credit facility provides us with available borrowings in an amount up to $400.0 million.

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.

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 |

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

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.

Senior Floating Rate Notes due 2020 matured on April 17, 2020. The 4.00% Senior Notes due 2025 mature on May 15, 2025, and the 4.20% Senior Notes due 2028 mature on May 15, 2028, as per the offerings made on April 19, 2018.


Question: What major transaction did Hasbro complete in December 2023 involving its Entertainment One film and television business?

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.

Mr. Olsavsky has served as Senior Vice President and Chief Financial Officer since June 2015.

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.

The average discount rate on the OPRB plan of 5.6% reflects the higher interest rates generally applicable in the U.S., which is where most of the plan participants receive benefits. A 100 basis-point change in the discount rate would impact annual after-tax OPRB expense by approximately $30 million.

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

Our cybersecurity leaders hold memberships and/or positions within the Financial Services Information Sharing and Analysis Center, or FS-ISAC, and the cross-sector Analysis and Resiliency Center, or ARC, in the U.S., the Financial Sector Cyber Collaboration Centre, or FSCCC, in the U.K., and similar organizations across the Europe, Middle East and Africa, or EMEA, and Asia Pacific, or APAC, regions.

In 2023, total earning assets were reported at 535,500, marking a decrease of 1 percent from the previous year's total of 539,032.

We also refer to a number of financial measures that are not defined under accounting principles generally accepted in the United States of America (U.S. GAAP), consisting of organic sales growth, core earnings per share (Core EPS), adjusted free cash flow and adjusted free cash flow productivity. Organic sales growth is net sales growth excluding the impacts of acquisitions and divestitures and foreign exchange from year-over-year comparisons. Core EPS is diluted EPS excluding certain items that are not judged by management to be part of the Company's sustainable results or trends. Adjusted free cash flow is operating cash flow less capital spending and excluding payments for the transitional tax resulting from the U.S. Tax Act. Adjusted free cash flow productivity is the ratio of adjusted free cash flow to net earnings excluding certain one-time items.


Question: What range does Kroger aim for its net total debt to adjusted EBITDA ratio?

Kroger is committed to maintaining a net total debt to adjusted EBITDA ratio target range of 2.30 to 2.50.

As of January 2023, the maximum daily borrowing capacity under the commercial paper program was approximately $2.75 billion.

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.

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 average discount rate on the OPRB plan of 5.6% reflects the higher interest rates generally applicable in the U.S., which is where most of the plan participants receive benefits. A 100 basis-point change in the discount rate would impact annual after-tax OPRB expense by approximately $30 million.

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.

Consolidated operating revenue for the twelve months ended December 31, 2023, was reported as $5,265.2 million.

We encourage investors and others to review our business, results of operations, and financial information in their entirety, not to rely on any single financial measure, and to view these non-GAAP measures in conjunction with the most directly comparable GAAP financial measures.


Question: What is the purpose of Eli Lilly and Company?

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

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.

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

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

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

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.

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

We opened 26 new warehouses, including three relocations, in 2023, and plan to open up to 28 additional new warehouses, including one relocation, in 2024.


Question: What capabilities are introduced by NVIDIA's GPU computing platform for the Professional Visualization market?

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.

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

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.

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

Item 3 of the Annual Report on Form 10-K refers to disclosures regarding legal proceedings, directing readers to Note 14 of the Notes to the Consolidated Financial Statements in Item 8.

In 2023, we incurred a pre-tax, noncash MTM gain of $650 million ($493 million, net of tax), related to the year-end actuarial adjustments of pension and postretirement healthcare plans’ assets and liabilities. In 2022, we incurred a pre-tax, noncash MTM loss of $1.6 billion ($1.2 billion, net of tax), which includes a net loss of $1.3 billion ($1.0 billion, net of tax) related to the year-end actuarial adjustments of pension and postretirement healthcare plans’ assets and liabilities.

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.

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.


Question: How did the penetration rate of GM Financial's retail sales in the U.S. change from 2022 to 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.

We currently believe that any liability that may arise as a result of other pending legal actions will not have a material effect on our consolidated financial condition or results of operations.

As of December 31, 2023, Hilton managed 800 hotels with 250,472 rooms.

K- Garan Incorporated (“Garan”), headquartered in New York, New York, designs, manufactures, imports and sells apparel primarily for children, including boys, girls, toddlers and infants. Products are sold under its own trademarks Garanimals® and 365 Kids from Garanimals® and easy-peasy®, as well as customer private label brands.

U.S. large cap investments include a mix of index funds and actively managed equity accounts that are benchmarked to various large cap indices.

The company's Board of Directors approved a restructuring plan in March 2023, which includes various strategic actions. These actions are planned to be substantially completed by September 30, 2023, as per the outlined timeline.

DaVita Clinical Research (DCR) is a provider-based specialty clinical research organization with a wide spectrum of services for clinical drug research and device development. DCR uses its extensive real-world healthcare expertise to assist in the design, recruitment and completion of retrospective and prospective studies.

The year-over-year decrease of $19.9 billion in net income/(loss) in 2022 includes the effect of special items, including the mark-to-market net loss on our Rivian investment and the impairment on our Argo investment.


Question: Why did the company's effective tax rate decrease from 2022 to 2023?

The Company’s effective tax rate for 2023 and 2022 was lower than the statutory federal income tax rate due primarily to a lower effective tax rate on foreign earnings, the impact of the U.S. federal R&D credit, and tax benefits from share-based compensation, partially offset by state income taxes. The Company’s effective tax rate for 2023 was lower compared to 2022 due primarily to a lower effective tax rate on foreign earnings and the impact of U.S. foreign tax credit regulations issued by the U.S. Department of the Treasury in 2022, partially offset by lower tax benefits from share-based compensation.

We recognize revenues when control of the promised goods or services is transferred to customers, under terms that generally include payment terms, customer payment performance, rights of return, and warranties, which reflect each party’s rights and obligations.

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.

Operating profit as a percentage of sales in 2022 and 2021 was 2.78% and 2.52% respectively.

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

A stronger U.S. dollar negatively impacted net sales by $339 million in fiscal 2022.

Item 8 is titled 'Financial Statements and Supplementary Data.'

Cash dividends declared per common share for Comcast in 2023 was $1.16.


Question: By how much did professional services and other revenues increase from fiscal year 2022 to 2023?

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

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.

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.

DaVita Clinical Research (DCR) is a provider-based specialty clinical research organization with a wide spectrum of services for clinical drug research and device development. DCR uses its extensive real-world healthcare expertise to assist in the design, recruitment and completion of retrospective and prospective studies.

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.

Short-Term Investments Short-term investments generally consist of debt securities (U.S. Government and Agency Notes), with maturities at the date of purchase of three months to five years. Investments with maturities beyond five years may be classified, based on the Company’s determination, as short-term based on their highly liquid nature and because they represent the investment of cash that is available for current operations. Short-term investments classified as available-for-sale are recorded at fair value using the specific identification method with the unrealized gains and losses reflected in accumulated other comprehensive income (loss) until realized. Realized gains and losses from the sale of available-for-sale securities, if any, are determined on a specific identification basis and are recorded in interest income and other, net in the consolidated statements of income.

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.

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%.


Question: What were the allegations made against Peloton Interactive, Inc. in the consolidated securities class action lawsuit involving the City of Hialeah Employees' Retirement System and Anastasia Deulina?

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.

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

Our cybersecurity leaders hold memberships and/or positions within the Financial Services Information Sharing and Analysis Center, or FS-ISAC, and the cross-sector Analysis and Resiliency Center, or ARC, in the U.S., the Financial Sector Cyber Collaboration Centre, or FSCCC, in the U.K., and similar organizations across the Europe, Middle East and Africa, or EMEA, and Asia Pacific, or APAC, regions.

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

In 2022, we recorded a goodwill impairment charge for Vitacost.com totaling $160 million. The talent and capabilities gained through the merger with Vitacost in 2014 have been key to advancing Kroger’s digital platform and growing our digital business to more than $10 billion in annual sales. As our digital strategy has evolved, our primary focus looking forward will be to effectively utilize our Pickup and Delivery capabilities. This reprioritization resulted in reduced long-term profitability expectations and a decline in the market value for one underlying channel of business and led to the impairment charge. Vitacost.com will continue to operate as an online platform providing great value natural, organic, and eco-friendly products for customers.

For unrealized losses determined to be the result of market conditions or industry-related events, the Company determines whether it intends to sell the debt security or if it is more likely than not that the Company will be required to sell the debt security prior to the anticipated recovery of the debt security’s amortized cost basis. If either case is true, the Company recognizes a non-credit related impairment, and the cost basis or carrying amount of the debt security is written down to fair value.

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.

The year-over-year decrease of $19.9 billion in net income/(loss) in 2022 includes the effect of special items, including the mark-to-market net loss on our Rivian investment and the impairment on our Argo investment.


Question: What changes occurred in the way Comcast presents its segment operating results in 2023?

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

During the year ended December 31, 2023, warrant holders exercised warrants to purchase 7.1 million shares of Class A common stock. The warrants were exercised on a cashless basis resulting in the issuance of 5.6 million shares of Class A common stock.

The term 'Part IV hereof' in the document refers to the section that directly precedes the consolidated financial statements.

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

Furthermore, the outcome of these matters could materially adversely affect our business, results of operations, and financial condition.

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.

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.

The consolidated financial statements and accompanying notes are included elsewhere in the Annual Report on Form 10-K.


Question: By how much did the income from operations increase in the Americas segment from 2022 to 2023?

Gain (loss) on investments was $11 million in 2023, ($169) million in 2022, and $99 million in 2021.

Exposures are aggregated, monitored, and actively managed by our Global Credit Committee, comprising senior executives, including our Chief Financial Officer, our Chief Risk ejectedf Officer, our Chief Investment Officer, and our Treasurer.

In 2023, Bank of America delivered approximately 6.7 million hours of training and development to its teammates through Bank of America Academy.

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.

The Be Human pillar of our Impact Agenda sets out our focus areas with respect to human capital, including: •Inclusion, Diversity, Equity, and Action (“IDEA”); •Employee empowerment; and •Fair labor practices and the well-being of the people who make our products.

The 1999 Repurchase Program was announced to repurchase common shares to reduce dilution from employee stock options and long-term incentive plans, with purchases limited to proceeds from stock option exercises and related tax benefits.

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.


Question: What criteria based framework was used for evaluating The Kroger Co.'s internal control over financial reporting as of January 28, 2023?

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).

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.

Statements regarding future economic performance and management’s plans and objectives in the report constitute forward-looking statements.

The increase in gross profit is primarily attributable to a decrease in freight expense as a result of lower ecommerce volume and added cost optimizations, partially offset by the translation impact of a stronger U.S. dollar.

The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles as well as sales of automotive regulatory credits. Additionally, the automotive segment also includes services and other, which includes sales of used vehicles, non-warranty after-sales vehicle servicens, body shop and parts, paid Supercharging, vehicle insurance revenue and retail merchandise.

Our committed revolving credit facility provides us with available borrowings in an amount up to $400.0 million.

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

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.


Question: What was the gross gaming revenue increase in Macao for the year ended December 31, 2023, compared to 2019?

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.

Cigna integration expenses of $69 million for 2023 principally comprised legal and professional fees and all other costs directly related to the integration activities of the Cigna acquisition.

•Operating income increased $321 million, or 2%, to $18.1 billion versus year ago due to the increase in net sales, partially offset by a modest decrease in operating margin.

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.

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.

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.

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

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.


Question: How long do associates typically remain employed at the company, and what does this indicate about the company's work environment?

Our associates spend 7 years at our Company, which is a testament to our commitment to their growth, well-being, and our culture.

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

Operating profit as a percentage of sales in 2022 and 2021 was 2.78% and 2.52% respectively.

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.

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.

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

Seasonality in the hospitality industry is affected by variations in demand at properties, which depend principally on their location, type of property, and the competitive mix within the specific location.

On October 30, 2022, the fair value measurement of cash equivalents at the reporting date using Level 1 was $19 million.


Question: How did theatrical revenue trend in 2022 compared to 2021?

Theatrical revenue increased in 2022 primarily due to higher revenue from releases in our 2022 slate compared to releases in our 2021 slate, including F9.

Revenue grew by 7.1% in 2023 compared to 2022.

The term 'Part IV hereof' in the document refers to the section that directly precedes the consolidated financial statements.

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.

Investment banking revenues in the consolidated statements of earnings were $6.22 billion for 2023, 16% lower than 2022, primarily due to significantly lower revenues in advisory, reflecting a significant decline in industry-wide completed mergers and acquisitions transactions, partially offset by significantly higher revenues in equity underwriting, primarily reflecting increased activity from secondary offerings.

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

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


Question: How has Iron Mountain transitioned its business to adapt to changes in information storage?

Over time, as digital information increased, Iron Mountain adapted by focusing on a hybrid model of physical and digital media storage, expanding its services accordingly.

Item 8 is typically associated with the discussion of Financial Statements and Supplementary Data.

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).

The complaint alleges that certain Amazon Prime Video features and services infringe several U.S. Patent Nos. related to video-on-demand systems and dynamic adjustment of electronic program guides.

As of January 31, 2023, authorization for $19.3 billion of share repurchases remained under the share repurchase program.

Starbucks' retail objective is to be the leader in coffee and tea in target markets, selling the finest quality products and providing a unique Starbucks Experience.

Other financial futures and options revenues were $161 million in 2023 and $183 million in 2022, respectively.

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.


Question: What are the primary objectives for holding available-for-sale debt securities?

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

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

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

The company's approach in alcohol focuses on three segments of alcohol ready-to-drink beverages: hard seltzers (e.g., Topo Chico Hard Seltzer), hard alternatives (e.g., Lemon-Dou) and pre-mixed cocktails (e.g., Jack Daniel’s & Coca-Cola).

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

Revenue grew by 7.1% in 2023 compared to 2022.

In 2023, Bank of America delivered approximately 6.7 million hours of training and development to its teammates through Bank of America Academy.

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


Question: What was the total intrinsic value of options exercised in 2023, and how does it compare to the values in 2022 and 2021?

The total intrinsic value of options exercised was $35,474, $40,882 and $38,645 in 2023, 2022 and 2021, respectively.

In 2022, there was a net increase in cash and cash equivalents of $2,300 million.

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.

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.

As of December 31, 2023, the Company operated 204 centers across 25 states, which provided care for approximately 270,000 patients. These centers include the Company’s Oak Street Health business, which operates retail-like, community-based centers that provide medical primary care services.

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.

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 July 2022, Peloton announced a strategic change in its manufacturing process, moving from in-house production to exclusively using third-party manufacturing partners for 100% of its products.


Question: By how much would a 25 basis point increase in the expected rate of return on assets (ROA) affect the 2024 Pension Expense for U.S. plans?

25 basis decrease expected ROA leads to -$25 effect on 2024 Pension Expense.

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

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.

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

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.

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.

The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles as well as sales of automotive regulatory credits. Additionally, the automotive segment also includes services and other, which includes sales of used vehicles, non-warranty after-sales vehicle servicens, body shop and parts, paid Supercharging, vehicle insurance revenue and retail merchandise.

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...


Question: In which country is Linzess marketed as Constella for the treatment of IBS-C?

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

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.

Long-term investments, other than investments made through the Company’s Impact Investment Fund, with original maturities of greater than twelve months but less than 37 months, are classified as available-for-sale and are reported at fair value using the specific identification method. Unrealized gains and losses are primarily excluded from earnings and reported as a component of other comprehensive income (loss), net of related tax (expense) benefit.

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

Under the contractual arrangements, approximately 70% of our jet fuel is purchased based on the index price for the preceding week, with the remainder of our purchases tied primarily to the index price for the preceding month and preceding day, rather than based on daily spot rates.

Epkinly (epcoritimab) is a product used to treat adults with certain types of diffuse large B-cell lymphoma (DLBCL) and high-grade B-cell lymphoma that has recurred or that does not respond to previous treatment after receiving two or more treatments. Epkinly is administered as a subcutaneous injection.

In 2023, admissions contributed $2,690.5 million to the total revenue.

In 2023, we continued to invest in our colleagues, building on a wide range of learning and development opportunities and enhancing our competitive benefits in key areas including holistic health and wellness, total compensation and flexibility. We conduct an annual Colleague Experience Survey to better understand our colleagues’ needs and overall experience at American Express.


Question: What types of energy resources do BHE's independent power projects primarily utilize?

These independent power projects sell power generated primarily from wind, solar, geothermal and hydro sources under long-term contracts.

We generally do not utilize derivative products, such as interest rate swaps, to manage interest rate risks and we do not attempt to match maturities of assets and liabilities.

Adjusted EPS is defined as reported earnings per share fully diluted from net income (loss) attributable to Iron Mountain Incorporated (inclusive of our share of adjusted losses (gains) from our unconsolidated joint ventures) and excluding certain items, specifically: (Gain) loss on disposal/write-down of property, plant and equipment, net (including real estate), and other expenses (income), net, among others. It is considered valuable as it allows investors to compare results from past, present, and future periods without the effects of non-core operating variances.

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.

After-tax earnings of real estate brokerage decreased $87 million (87.0%) in 2023 compared to 2022. The decrease reflected lower brokerage services revenues and margins, primarily due to a 19% reduction in closed brokerage transaction volumes, as well as lower mortgage services revenues and margins from a 28% decrease in closed transaction volumes. These declines were attributable to the impact of rising interest rates and lower existing home sales.

For the year ending on December 31, 2021, Delta Air Lines recorded a special profit sharing expense of $108 million. This expense was based on the adjusted pre-tax profits earned during the second half of that year and was intended to recognize the extraordinary efforts of its employees through the pandemic.

Entertainment segment operating losses in 2023 were driven primarily by a non-cash goodwill impairment charge of $960.0 million, reflecting a reduced long-term forecast due to lower profitability of PJ MASKS, and a loss on disposal of business of $539.0 million related to the sale of the eOne Film and TV business not directly supporting the Company's Entertainment Strategy, among other factors.

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


Question: What is the objective of the Be Human pillar in the company's Impact Agenda?

The Be Human pillar of our Impact Agenda sets out our focus areas with respect to human capital, including: •Inclusion, Diversity, Equity, and Action (“IDEA”); •Employee empowerment; and •Fair labor practices and the well-being of the people who make our products.

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.

Refinery segment operating revenue decreased by 29% in 2023 compared to 2022.

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).

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

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

'Item 15. Exhibits and Financial Statement Schedules' includes the Exhibits and Financial Statement Schedules as specified in the report.

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: What was Gilead's total revenue in 2023?

Total revenues decreased 1% to $27.1 billion in 2023, compared to 2022.

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 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).

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.

The company reported a net income of $217,375 thousand for the fiscal year ended December 31, 2023.

The Company recorded an income tax expense of $91,389 for the year ended December 31, 2022, with an effective tax rate of approximately 9%.

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.

Of the $16.4 billion in 2023, $14.3 billion or 33% of gross product sales was related to rebates and chargebacks.


Question: What are the requirements for Bermuda domiciled subsidiaries under the Insurance Act regarding financial reporting?

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.

Visa's rule (and a similar Mastercard rule) that if an ATM operator chooses to charge consumers an access fee for a Visa or Plus transaction, that fee cannot be greater than the access fee charged for transactions on other networks.

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 automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles as well as sales of automotive regulatory credits. Additionally, the automotive segment also includes services and other, which includes sales of used vehicles, non-warranty after-sales vehicle servicens, body shop and parts, paid Supercharging, vehicle insurance revenue and retail merchandise.

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

In 2023, Impairment of goodwill of $1,191.2 million, or 23.8% of net revenues represents non-cash impairment charges of $960.0 million associated with the Company's Family Brands reporting unit recorded during the fourth quarter of 2023, reflecting a reduced long-term forecast due to lower profitability of PJ MASKS, and a change in outlook for the Company's owned and operated production efforts that shifted the Entertainment strategy to an asset lite and partner led model.

The total compensation and benefits costs recognized in expense for the year ended December 31, 2023, amounted to $292 million. This included expenses across various categories such as Investor Services and Advisor Services.


Question: What does 'Part IV hereof' refer to in the context of a document layout?

The term 'Part IV hereof' in the document refers to the section that directly precedes the consolidated financial statements.

The market price risk management policy manages how hedging instruments can be used to mitigate risk. These instruments are governed by certain rules set under the policy, aimed at quantifying and evaluating the market-based risks to strategize mitigations such as entering into hedging transactions.

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.

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.

Cash dividends declared per common share for Comcast in 2023 was $1.16.

Peloton Interactive, Inc. is the largest interactive fitness platform in the world, pioneering connected, technology-enabled fitness with the creation of its interactive fitness equipment and the streaming of immersive, instructor-led boutique classes to its members anytime, anywhere.

Garmin has implemented multiple environmental management systems and achieved certification to the ISO 14001 standard for Environmental Management at facilities in the U.S., U.K., Taiwan, Poland, and China.

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


Question: What were AT&T's total revenues, operations and support expenses, EBITDA, depreciation and amortization, and operating income for the year ended December 31, 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.

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

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

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.

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.

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

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

Net earnings attributable to Hasbro, Inc. declined in 2022 to $203.5 million, compared to $428.7 million in 2021.


Question: What was the purchase price for the repurchase of Mobility preferred interests by AT&T in 2023?

In April 2023, we also accepted the December 2022 put option notice from the AT&T pension trust and repurchased the remaining 213 million Mobility preferred interests for a purchase price, including accrued and unpaid distributions, of $5,414.

A high proportion of relatively fixed structural costs, so that small changes in wholesale unit volumes can significantly affect overall profitability.

•Server products and cloud services revenue increased $12.6 billion or 19% driven by Azure and other cloud services.

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.

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

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

The auditing firm expressed an opinion that Alphabet Inc.'s consolidated financial statements presented fairly, in all material respects, the financial position of the company as of December 31, 2022 and 2023, and the results of operations and its cash flows for each of the three years in the period ended December 31, 2023, in conformity with U.S. generally accepted accounting principles.


Question: What new deposit insurance assessments did the FDIC adopt in October 2022?

In October 2022, the FDIC adopted a restoration plan that includes an increase in deposit insurance assessments across the industry of two basis points (bps).

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.

FX-Neutral is defined as GMV minus the exchange rate effect, providing a measure excluding the influences of foreign currency movements. This is a non-GAAP financial measure used to assess performance without the volatility of FX rates.

After-tax earnings of real estate brokerage decreased $87 million (87.0%) in 2023 compared to 2022. The decrease reflected lower brokerage services revenues and margins, primarily due to a 19% reduction in closed brokerage transaction volumes, as well as lower mortgage services revenues and margins from a 28% decrease in closed transaction volumes. These declines were attributable to the impact of rising interest rates and lower existing home sales.

The net loss before income taxes showed a decrease of 59.8%, with amounts changing from $711.1 in 2022 to $286.0 in 2023.

In 2023, Bank of America's total loans and leases charged off amounted to $4,817 million. This charge-off includes various categories such as Residential mortgage, Home equity, Credit card, Direct/Indirect consumer, Other consumer, U.S. commercial, Non-U.S. commercial, Commercial real estate, and Commercial lease financing.

Gain (loss) on investments was $11 million in 2023, ($169) million in 2022, and $99 million in 2021.

Data and Analytics revenues increased 69% in 2023 from 2022 primarily due to $63 million of revenue from Black Knight following the completion of our acquisition in September 2023.


Question: What was the increase in favorablior-period medical claims reserve development for the Insurance segment from 2022 to 2023?

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.

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

The total compensation and benefits costs recognized in expense for the year ended December 31, 2023, amounted to $292 million. This included expenses across various categories such as Investor Services and Advisor Services.

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.

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

Deferred tax assets represent amounts available to reduce income taxes payable on taxable income in future years. Such assets arise because of temporary differences between the financial reporting and tax bases of assets and liabilities, as well as from net operating loss and tax credit carryforwards.

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.

Short-Term Investments Short-term investments generally consist of debt securities (U.S. Government and Agency Notes), with maturities at the date of purchase of three months to five years. Investments with maturities beyond five years may be classified, based on the Company’s determination, as short-term based on their highly liquid nature and because they represent the investment of cash that is available for current operations. Short-term investments classified as available-for-sale are recorded at fair value using the specific identification method with the unrealized gains and losses reflected in accumulated other comprehensive income (loss) until realized. Realized gains and losses from the sale of available-for-sale securities, if any, are determined on a specific identification basis and are recorded in interest income and other, net in the consolidated statements of income.