10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-23-058179 |
| Period End Date | 20230930 |
| Filing Date | 20231102 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | pcar-20230930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
31 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, no par value |
PreferredStockNoParValue
|
- | USD | Point-in-time |
| Preferred stock, no par value |
PreferredStockNoParValue
|
- | USD | Point-in-time |
| Preferred stock, authorized |
PreferredStockSharesAuthorized
|
1.00M | shares | Point-in-time |
| Preferred stock, authorized |
PreferredStockSharesAuthorized
|
1.00M | shares | Point-in-time |
| Preferred stock, issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$1.00 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$1.00 | USD | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
1.20B | shares | Point-in-time |
| Common stock, authorized |
CommonStockSharesAuthorized
|
1.20B | shares | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
523.10M | shares | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
522.00M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockCommonShares
|
40,000.00 | shares | Point-in-time |
| Total Assets |
Assets
|
$38.04B | USD | Point-in-time |
| Total Assets |
Assets
|
$33.28B | USD | Point-in-time |
| Preferred stock, no par value - authorized 1.0 million shares, none issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, no par value - authorized 1.0 million shares, none issued |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $1 par value - authorized 1.2 billion shares, issued 523.1 and 522.0 million shares |
CommonStockValue
|
$522.00M | USD | Point-in-time |
| Common stock, $1 par value - authorized 1.2 billion shares, issued 523.1 and 522.0 million shares |
CommonStockValue
|
$523.10M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$196.10M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$258.30M | USD | Point-in-time |
| Treasury stock, at cost - .04 million and nil shares |
TreasuryStockValue
|
$3.10M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$13.40B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$16.18B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-937.60M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-953.40M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$16.02B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$13.17B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$12.89B | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$33.28B | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$38.04B | USD | Point-in-time |
Income Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$26.05B | USD | 3 Qtrs |
| Revenues |
Revenues
|
$8.70B | USD | 1 Quarter |
| Revenues |
Revenues
|
$20.69B | USD | 3 Qtrs |
| Revenues |
Revenues
|
$7.06B | USD | 1 Quarter |
| Provision for losses on receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$14.10M | USD | 3 Qtrs |
| Provision for losses on receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$3.80M | USD | 3 Qtrs |
| Investment income |
InvestmentIncomeNet
|
$192.50M | USD | 3 Qtrs |
| Investment income |
InvestmentIncomeNet
|
$24.30M | USD | 3 Qtrs |
| Investment income |
InvestmentIncomeNet
|
$21.40M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNet
|
$80.80M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$4.08B | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.59B | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$979.70M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.67B | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$210.30M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$360.90M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$893.40M | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$582.90M | USD | 3 Qtrs |
| Net Income |
NetIncomeLoss
|
$769.40M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$3.18B | USD | 3 Qtrs |
| Net Income |
NetIncomeLoss
|
$1.23B | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$2.09B | USD | 3 Qtrs |
| Basic |
EarningsPerShareBasic
|
$2.35 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$6.08 | USD | 3 Qtrs |
| Basic |
EarningsPerShareBasic
|
$4.00 | USD | 3 Qtrs |
| Basic |
EarningsPerShareBasic
|
$1.47 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$3.99 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$6.07 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$1.47 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$2.34 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
524.10M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
522.50M | shares | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
523.80M | shares | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
522.70M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
523.30M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
523.30M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
525.30M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
524.80M | shares | 3 Qtrs |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$1.07B | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$3.20B | USD | 3 Qtrs |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$1.62B | USD | 3 Qtrs |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$488.00M | USD | 1 Quarter |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income |
ProfitLoss
|
$2.09B | USD | 3 Qtrs |
| Net Income |
ProfitLoss
|
$3.18B | USD | 3 Qtrs |
| Depreciation and amortization, Property, plant and equipment |
DepreciationDepletionAndAmortization
|
$308.20M | USD | 3 Qtrs |
| Depreciation and amortization, Property, plant and equipment |
DepreciationDepletionAndAmortization
|
$239.70M | USD | 3 Qtrs |
| Depreciation and amortization, Equipment on operating leases and other |
DepreciationAndAmortizationEquipmentOnOperatingLeasesAndOther
|
$345.90M | USD | 3 Qtrs |
| Depreciation and amortization, Equipment on operating leases and other |
DepreciationAndAmortizationEquipmentOnOperatingLeasesAndOther
|
$370.20M | USD | 3 Qtrs |
| Provision for losses on financial services receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$14.10M | USD | 3 Qtrs |
| Provision for losses on financial services receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$3.80M | USD | 3 Qtrs |
| Other, net |
OtherNoncashIncomeExpense
|
$187.20M | USD | 3 Qtrs |
| Other, net |
OtherNoncashIncomeExpense
|
$115.10M | USD | 3 Qtrs |
| Pension contributions |
PensionAndOtherPostretirementBenefitContributions
|
$34.30M | USD | 3 Qtrs |
| Pension contributions |
PensionAndOtherPostretirementBenefitContributions
|
$17.10M | USD | 3 Qtrs |
| Trade and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$518.10M | USD | 3 Qtrs |
| Trade and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$561.50M | USD | 3 Qtrs |
| Wholesale receivables on new trucks |
IncreaseDecreaseInWholesaleReceivables
|
$1.01B | USD | 3 Qtrs |
| Wholesale receivables on new trucks |
IncreaseDecreaseInWholesaleReceivables
|
$577.80M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$523.50M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$450.00M | USD | 3 Qtrs |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$937.00M | USD | 3 Qtrs |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$882.10M | USD | 3 Qtrs |
| Income taxes, warranty and other |
IncreaseDecreaseInOtherOperatingLiabilities
|
$45.80M | USD | 3 Qtrs |
| Income taxes, warranty and other |
IncreaseDecreaseInOtherOperatingLiabilities
|
$352.30M | USD | 3 Qtrs |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$3.00B | USD | 3 Qtrs |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.78B | USD | 3 Qtrs |
| Originations of retail loans and finance leases |
PaymentsToAcquireFinanceReceivables
|
$3.56B | USD | 3 Qtrs |
| Originations of retail loans and finance leases |
PaymentsToAcquireFinanceReceivables
|
$4.56B | USD | 3 Qtrs |
| Collections on retail loans and finance leases |
ProceedsFromSaleAndCollectionOfFinanceReceivables
|
$2.93B | USD | 3 Qtrs |
| Collections on retail loans and finance leases |
ProceedsFromSaleAndCollectionOfFinanceReceivables
|
$3.21B | USD | 3 Qtrs |
| Net increase in wholesale receivables on used equipment |
IncreaseDecreaseInWholesaleReceivablesOnUsedEquipment
|
$15.20M | USD | 3 Qtrs |
| Net increase in wholesale receivables on used equipment |
IncreaseDecreaseInWholesaleReceivablesOnUsedEquipment
|
$15.20M | USD | 3 Qtrs |
| Purchases of marketable debt securities |
PaymentsToAcquireMarketableSecurities
|
$723.80M | USD | 3 Qtrs |
| Purchases of marketable debt securities |
PaymentsToAcquireMarketableSecurities
|
$796.70M | USD | 3 Qtrs |
| Proceeds from sales and maturities of marketable debt securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$660.20M | USD | 3 Qtrs |
| Proceeds from sales and maturities of marketable debt securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$591.50M | USD | 3 Qtrs |
| Payments for property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$393.70M | USD | 3 Qtrs |
| Payments for property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$497.20M | USD | 3 Qtrs |
| Acquisitions of equipment for operating leases |
PaymentsToAcquireEquipmentOnLease
|
$401.90M | USD | 3 Qtrs |
| Acquisitions of equipment for operating leases |
PaymentsToAcquireEquipmentOnLease
|
$688.10M | USD | 3 Qtrs |
| Proceeds from asset disposals |
ProceedsFromSaleOfProductiveAssets
|
$449.00M | USD | 3 Qtrs |
| Proceeds from asset disposals |
ProceedsFromSaleOfProductiveAssets
|
$511.30M | USD | 3 Qtrs |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-17.50M | USD | 3 Qtrs |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-26.70M | USD | 3 Qtrs |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.93B | USD | 3 Qtrs |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.32B | USD | 3 Qtrs |
| Payments of cash dividends |
PaymentsOfDividends
|
$1.38B | USD | 3 Qtrs |
| Payments of cash dividends |
PaymentsOfDividends
|
$875.90M | USD | 3 Qtrs |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$3.10M | USD | 3 Qtrs |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$2.00M | USD | 3 Qtrs |
| Proceeds from stock compensation transactions |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$21.70M | USD | 3 Qtrs |
| Proceeds from stock compensation transactions |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$43.10M | USD | 3 Qtrs |
| Net increase in commercial paper, short-term bank loans and other |
ProceedsFromRepaymentsOfShortTermDebt
|
$227.30M | USD | 3 Qtrs |
| Net increase in commercial paper, short-term bank loans and other |
ProceedsFromRepaymentsOfShortTermDebt
|
$1.32B | USD | 3 Qtrs |
| Proceeds from term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$2.30B | USD | 3 Qtrs |
| Proceeds from term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$2.40B | USD | 3 Qtrs |
| Payments on term debt |
RepaymentsOfLongTermDebt
|
$2.22B | USD | 3 Qtrs |
| Payments on term debt |
RepaymentsOfLongTermDebt
|
$2.09B | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-418.90M | USD | 3 Qtrs |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$159.50M | USD | 3 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-16.30M | USD | 3 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-145.60M | USD | 3 Qtrs |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-104.80M | USD | 3 Qtrs |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$1.22B | USD | 3 Qtrs |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.43B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$5.91B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.32B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$4.69B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.43B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$5.91B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.32B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$4.69B | USD | Point-in-time |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$16.02B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$13.17B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$12.89B | USD | Point-in-time |
| Net Income (Loss) |
NetIncomeLoss
|
$769.40M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$3.18B | USD | 3 Qtrs |
| Net Income (Loss) |
NetIncomeLoss
|
$1.23B | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$2.09B | USD | 3 Qtrs |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$-281.40M | USD | 1 Quarter |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$-472.00M | USD | 3 Qtrs |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$15.80M | USD | 3 Qtrs |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$-159.80M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$16.02B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$13.17B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$12.89B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.