10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-22-035704 |
| Period End Date | 20220930 |
| Filing Date | 20221028 |
| Fiscal Year | 2022 |
| Fiscal Period | Q3 |
| XBRL Instance | pcar-10q_20220930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
33 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 |
| Inventories, net |
InventoryNet
|
$1.98B | USD | 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
|
347.80M | shares | Point-in-time |
| Common stock, issued |
CommonStockSharesIssued
|
347.30M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
20,000.00 | shares | Point-in-time |
| Total Assets |
Assets
|
$30.62B | USD | Point-in-time |
| Total Assets |
Assets
|
$29.51B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.49B | 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 347.8 and 347.3 million shares |
CommonStockValue
|
$347.80M | USD | Point-in-time |
| Common stock, $1 par value - authorized 1.2 billion shares, issued 347.8 and 347.3 million shares |
CommonStockValue
|
$347.30M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$180.00M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$142.00M | USD | Point-in-time |
| Treasury stock, at cost - .02 million and nil shares |
TreasuryStockValue
|
$2.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$12.03B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$13.76B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.39B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-921.10M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$11.48B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$11.59B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$12.89B | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$29.51B | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$30.62B | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$5.15B | USD | 1 Quarter |
| Revenues |
Revenues
|
$16.84B | USD | 3 Qtrs |
| Revenues |
Revenues
|
$20.69B | USD | 3 Qtrs |
| Revenues |
Revenues
|
$7.06B | USD | 1 Quarter |
| Cost of sales and revenues |
CostOfGoodsAndServicesSold
|
$4.18B | USD | 1 Quarter |
| Cost of sales and revenues |
CostOfGoodsAndServicesSold
|
$13.53B | USD | 3 Qtrs |
| Provision for losses on receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$3.20M | USD | 3 Qtrs |
| Provision for losses on receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$3.80M | USD | 3 Qtrs |
| Investment income |
InvestmentIncomeNet
|
$1.60M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNet
|
$21.40M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNet
|
$11.50M | USD | 3 Qtrs |
| Investment income |
InvestmentIncomeNet
|
$24.30M | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$979.70M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$487.20M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.67B | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.74B | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$582.90M | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$106.70M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$210.30M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$389.00M | USD | 3 Qtrs |
| Net Income |
NetIncomeLoss
|
$2.09B | USD | 3 Qtrs |
| Net Income |
NetIncomeLoss
|
$380.50M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$1.35B | USD | 3 Qtrs |
| Net Income |
NetIncomeLoss
|
$769.40M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$3.87 | USD | 3 Qtrs |
| Basic |
EarningsPerShareBasic
|
$6.00 | USD | 3 Qtrs |
| Basic |
EarningsPerShareBasic
|
$2.21 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.09 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$5.99 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$2.21 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$3.87 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$1.09 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
347.70M | shares | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
348.40M | shares | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
348.40M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
347.80M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
348.40M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
348.90M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
348.90M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
348.30M | shares | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$264.90M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$488.00M | USD | 1 Quarter |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$1.25B | USD | 3 Qtrs |
| Comprehensive Income |
ComprehensiveIncomeNetOfTax
|
$1.62B | USD | 3 Qtrs |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income |
ProfitLoss
|
$1.35B | USD | 3 Qtrs |
| Net Income |
ProfitLoss
|
$2.09B | USD | 3 Qtrs |
| Depreciation and amortization, Property, plant and equipment |
DepreciationDepletionAndAmortization
|
$197.50M | 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
|
$494.80M | USD | 3 Qtrs |
| Depreciation and amortization, Equipment on operating leases and other |
DepreciationAndAmortizationEquipmentOnOperatingLeasesAndOther
|
$345.90M | USD | 3 Qtrs |
| Provision for losses on financial services receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$3.20M | USD | 3 Qtrs |
| Provision for losses on financial services receivables |
ProvisionForLoanLeaseAndOtherLosses
|
$3.80M | USD | 3 Qtrs |
| Other, net |
OtherNoncashIncomeExpense
|
$239.90M | USD | 3 Qtrs |
| Other, net |
OtherNoncashIncomeExpense
|
$187.20M | USD | 3 Qtrs |
| Pension contributions |
PensionAndOtherPostretirementBenefitContributions
|
$34.30M | USD | 3 Qtrs |
| Pension contributions |
PensionAndOtherPostretirementBenefitContributions
|
$19.20M | USD | 3 Qtrs |
| Trade and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$561.50M | USD | 3 Qtrs |
| Trade and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$309.00M | USD | 3 Qtrs |
| Wholesale receivables on new trucks |
IncreaseDecreaseInWholesaleReceivables
|
$-587.70M | USD | 3 Qtrs |
| Wholesale receivables on new trucks |
IncreaseDecreaseInWholesaleReceivables
|
$577.80M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$523.50M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$1.35B | USD | 3 Qtrs |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$937.00M | USD | 3 Qtrs |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$506.80M | USD | 3 Qtrs |
| Income taxes, warranty and other |
IncreaseDecreaseInOtherOperatingLiabilities
|
$45.80M | USD | 3 Qtrs |
| Income taxes, warranty and other |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-69.30M | USD | 3 Qtrs |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.78B | USD | 3 Qtrs |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.15B | USD | 3 Qtrs |
| Originations of retail loans and finance leases |
PaymentsToAcquireFinanceReceivables
|
$3.38B | USD | 3 Qtrs |
| Originations of retail loans and finance leases |
PaymentsToAcquireFinanceReceivables
|
$3.56B | USD | 3 Qtrs |
| Collections on retail loans and finance leases |
ProceedsFromSaleAndCollectionOfFinanceReceivables
|
$2.93B | USD | 3 Qtrs |
| Collections on retail loans and finance leases |
ProceedsFromSaleAndCollectionOfFinanceReceivables
|
$2.99B | USD | 3 Qtrs |
| Net (increase) decrease in wholesale receivables on used equipment |
IncreaseDecreaseInWholesaleReceivablesOnUsedEquipment
|
$15.20M | USD | 3 Qtrs |
| Net (increase) decrease in wholesale receivables on used equipment |
IncreaseDecreaseInWholesaleReceivablesOnUsedEquipment
|
$-12.50M | USD | 3 Qtrs |
| Purchases of marketable debt securities |
PaymentsToAcquireMarketableSecurities
|
$693.80M | USD | 3 Qtrs |
| Purchases of marketable debt securities |
PaymentsToAcquireMarketableSecurities
|
$723.80M | USD | 3 Qtrs |
| Proceeds from sales and maturities of marketable debt securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$591.50M | USD | 3 Qtrs |
| Proceeds from sales and maturities of marketable debt securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$542.70M | USD | 3 Qtrs |
| Payments for property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$381.30M | USD | 3 Qtrs |
| Payments for property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$393.70M | USD | 3 Qtrs |
| Acquisitions of equipment for operating leases |
PaymentsToAcquireEquipmentOnLease
|
$790.50M | USD | 3 Qtrs |
| Acquisitions of equipment for operating leases |
PaymentsToAcquireEquipmentOnLease
|
$688.10M | USD | 3 Qtrs |
| Proceeds from asset disposals |
ProceedsFromSaleOfProductiveAssets
|
$511.30M | USD | 3 Qtrs |
| Proceeds from asset disposals |
ProceedsFromSaleOfProductiveAssets
|
$686.10M | USD | 3 Qtrs |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-26.70M | USD | 3 Qtrs |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$12.80M | USD | 3 Qtrs |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.32B | USD | 3 Qtrs |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.03B | USD | 3 Qtrs |
| Payments of cash dividends |
PaymentsOfDividends
|
$589.90M | USD | 3 Qtrs |
| Payments of cash dividends |
PaymentsOfDividends
|
$875.90M | USD | 3 Qtrs |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$1.50M | USD | 3 Qtrs |
| Purchases of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$2.00M | USD | 3 Qtrs |
| Proceeds from stock compensation transactions |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$30.10M | USD | 3 Qtrs |
| Proceeds from stock compensation transactions |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$21.70M | USD | 3 Qtrs |
| Net increase (decrease) in commercial paper, short-term bank loans and other |
ProceedsFromRepaymentsOfShortTermDebt
|
$227.30M | USD | 3 Qtrs |
| Net increase (decrease) in commercial paper, short-term bank loans and other |
ProceedsFromRepaymentsOfShortTermDebt
|
$-303.50M | USD | 3 Qtrs |
| Proceeds from term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$1.80B | USD | 3 Qtrs |
| Proceeds from term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$2.30B | USD | 3 Qtrs |
| Payments on term debt |
RepaymentsOfLongTermDebt
|
$2.33B | USD | 3 Qtrs |
| Payments on term debt |
RepaymentsOfLongTermDebt
|
$2.09B | USD | 3 Qtrs |
| Net Cash Used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-418.90M | USD | 3 Qtrs |
| Net Cash Used in Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.39B | USD | 3 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-145.60M | USD | 3 Qtrs |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-46.70M | USD | 3 Qtrs |
| Net Decrease in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-104.80M | USD | 3 Qtrs |
| Net Decrease in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.31B | USD | 3 Qtrs |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$3.54B | 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
|
$3.43B | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$2.23B | USD | Point-in-time |
| Cash and cash equivalents at end 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
|
$3.43B | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$2.23B | USD | Point-in-time |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquity
|
$11.48B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$11.59B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$12.89B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$2.09B | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$380.50M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.35B | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$769.40M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-472.00M | USD | 3 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-94.90M | USD | 3 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-281.40M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-115.60M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$11.48B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$11.59B | 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.