10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-21-022825 |
| Period End Date | 20210331 |
| Filing Date | 20210503 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | pcar-10q_20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
33 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Marketable debt securities, allowance |
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
- | USD | Point-in-time |
| Marketable debt securities, allowance |
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
- | USD | Point-in-time |
| 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
|
347.20M | shares | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
346.60M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
20,000.00 | shares | Point-in-time |
| Total Assets |
Assets
|
$28.50B | USD | Point-in-time |
| Total Assets |
Assets
|
$28.26B | 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 347.2 and 346.6 million shares |
CommonStockValue
|
$346.60M | USD | Point-in-time |
| Common stock, $1 par value - authorized 1.2 billion shares, issued 347.2 and 346.6 million shares |
CommonStockValue
|
$347.20M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$88.50M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$124.30M | USD | Point-in-time |
| Treasury stock, at cost - .02 million and nil shares |
TreasuryStockValue
|
$1.40M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$11.36B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$11.01B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.05B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.12B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$9.64B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$10.72B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$10.39B | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$28.50B | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$28.26B | USD | Point-in-time |
Income Statement
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$5.16B | USD | 1 Quarter |
| Revenues |
Revenues
|
$5.85B | USD | 1 Quarter |
| Provision for losses on receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$3.70M | USD | 1 Quarter |
| Provision for losses on receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$17.00M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNet
|
$14.80M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNet
|
$4.90M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$607.30M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$462.20M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$102.80M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$137.20M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$470.10M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$359.40M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.04 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.35 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$1.03 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$1.35 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
346.90M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
347.60M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
348.40M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
347.30M | shares | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$404.00M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$75.60M | USD | 1 Quarter |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income |
ProfitLoss
|
$470.10M | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$359.40M | USD | 1 Quarter |
| Depreciation and amortization, Property, plant and equipment |
DepreciationDepletionAndAmortization
|
$70.00M | USD | 1 Quarter |
| Depreciation and amortization, Property, plant and equipment |
DepreciationDepletionAndAmortization
|
$66.90M | USD | 1 Quarter |
| Depreciation and amortization, Equipment on operating leases and other |
DepreciationAndAmortizationEquipmentOnOperatingLeasesAndOther
|
$184.80M | USD | 1 Quarter |
| Depreciation and amortization, Equipment on operating leases and other |
DepreciationAndAmortizationEquipmentOnOperatingLeasesAndOther
|
$202.00M | USD | 1 Quarter |
| Provision for losses on financial services receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$3.70M | USD | 1 Quarter |
| Provision for losses on financial services receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$17.00M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$47.10M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$1.70M | USD | 1 Quarter |
| Pension contributions |
PensionAndOtherPostretirementBenefitContributions
|
$23.30M | USD | 1 Quarter |
| Pension contributions |
PensionAndOtherPostretirementBenefitContributions
|
$6.20M | USD | 1 Quarter |
| Trade and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$-19.40M | USD | 1 Quarter |
| Trade and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$468.20M | USD | 1 Quarter |
| Wholesale receivables on new trucks |
IncreaseDecreaseInWholesaleReceivables
|
$-26.80M | USD | 1 Quarter |
| Wholesale receivables on new trucks |
IncreaseDecreaseInWholesaleReceivables
|
$6.80M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$169.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$269.90M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-44.30M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$655.80M | USD | 1 Quarter |
| Income taxes, warranty and other |
IncreaseDecreaseInOtherOperatingLiabilities
|
$3.20M | USD | 1 Quarter |
| Income taxes, warranty and other |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-79.80M | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$425.90M | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$536.90M | USD | 1 Quarter |
| Originations of retail loans and finance leases |
PaymentsToAcquireFinanceReceivables
|
$1.04B | USD | 1 Quarter |
| Originations of retail loans and finance leases |
PaymentsToAcquireFinanceReceivables
|
$824.30M | USD | 1 Quarter |
| Collections on retail loans and finance leases |
ProceedsFromSaleAndCollectionOfFinanceReceivables
|
$759.20M | USD | 1 Quarter |
| Collections on retail loans and finance leases |
ProceedsFromSaleAndCollectionOfFinanceReceivables
|
$937.50M | USD | 1 Quarter |
| Net decrease (increase) in wholesale receivables on used equipment |
IncreaseDecreaseInWholesaleReceivablesOnUsedEquipment
|
$-17.40M | USD | 1 Quarter |
| Net decrease (increase) in wholesale receivables on used equipment |
IncreaseDecreaseInWholesaleReceivablesOnUsedEquipment
|
$29.10M | USD | 1 Quarter |
| Purchases of marketable debt securities |
PaymentsToAcquireMarketableSecurities
|
$184.80M | USD | 1 Quarter |
| Purchases of marketable debt securities |
PaymentsToAcquireMarketableSecurities
|
$158.00M | USD | 1 Quarter |
| Proceeds from sales and maturities of marketable debt securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$153.20M | USD | 1 Quarter |
| Proceeds from sales and maturities of marketable debt securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$225.30M | USD | 1 Quarter |
| Payments for property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$176.40M | USD | 1 Quarter |
| Payments for property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$114.60M | USD | 1 Quarter |
| Acquisitions of equipment for operating leases |
PaymentsToAcquireEquipmentOnLease
|
$243.10M | USD | 1 Quarter |
| Acquisitions of equipment for operating leases |
PaymentsToAcquireEquipmentOnLease
|
$280.10M | USD | 1 Quarter |
| Proceeds from asset disposals |
ProceedsFromSaleOfProductiveAssets
|
$240.90M | USD | 1 Quarter |
| Proceeds from asset disposals |
ProceedsFromSaleOfProductiveAssets
|
$113.10M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$12.80M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-17.30M | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-215.70M | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-379.80M | USD | 1 Quarter |
| Payments of cash dividends |
PaymentsOfDividends
|
$353.70M | USD | 1 Quarter |
| Payments of cash dividends |
PaymentsOfDividends
|
$907.40M | USD | 1 Quarter |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$1.40M | USD | 1 Quarter |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$41.50M | USD | 1 Quarter |
| Proceeds from stock compensation transactions |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$28.80M | USD | 1 Quarter |
| Proceeds from stock compensation transactions |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$6.30M | USD | 1 Quarter |
| Net decrease in commercial paper, short-term bank loans and other |
ProceedsFromRepaymentsOfShortTermDebt
|
$-383.50M | USD | 1 Quarter |
| Net decrease in commercial paper, short-term bank loans and other |
ProceedsFromRepaymentsOfShortTermDebt
|
$-133.50M | USD | 1 Quarter |
| Proceeds from term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$710.00M | USD | 1 Quarter |
| Proceeds from term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$892.50M | USD | 1 Quarter |
| Payments on term debt |
RepaymentsOfLongTermDebt
|
$467.60M | USD | 1 Quarter |
| Payments on term debt |
RepaymentsOfLongTermDebt
|
$691.00M | USD | 1 Quarter |
| Net Cash Used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-508.30M | USD | 1 Quarter |
| Net Cash Used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-833.70M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-64.40M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-32.50M | USD | 1 Quarter |
| Net Decrease in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-852.00M | USD | 1 Quarter |
| Net Decrease in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-219.60M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.32B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$4.18B | 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
|
$3.54B | 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
|
$4.18B | 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
|
$3.54B | USD | Point-in-time |
Stockholders Equity
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$9.64B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$10.72B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$10.39B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$470.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$359.40M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-283.80M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-66.10M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$9.64B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$10.72B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$10.39B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.