Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

From the statement of cash flows, what 2 0 2 3 journal entry was made for capital additions? Be sure list theAssets, Liabilities, Equity, Revenues,

From the statement of cash flows, what 2023 journal entry was made for capital additions? Be sure list theAssets, Liabilities, Equity, Revenues, Expences, and Net income effects. CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
\table[[For the years ended December 31,,2023,2022,2021],[Operating Activities,,,,,,],[Net income including noncontrolling interest,$,1,861,787,$,1,644,817,$,1,482,819],[Adjustments to reconcile net income to net cash provided by operating activities:],[Depreciation and amortization,,419,815,,378,959,,315,002],[Stock-based compensation expense,,81,021,,65,991,,66,711],[Deferred income taxes,,16,233,,36,889,,13,374],[Write-down of equity investments,,210,484,,188,286,,113,756],[Other,,103,287,,120,818,,96,016],[Changes in assets and liabilities, net of business acquisitions and divestitures:],[Accounts receivable-trade, net,,(102,080),,(38,165),,(14,642)],[Inventories,,(157,153),,(186,963),,21,457],[Prepaid expenses and other current assets,,(22,444),,(14,507),,8,619],[Accounts payable and accrued liabilities,,50,234,,216,479,,39,732],[Accrued income taxes,,(32,481),,5,005,,(29,682)],[Contributions to pension and other benefit plans,,(27,581),,(78,547),,(51,100)],[Other assets and liabilities,,(77,932),,(11,225),,20,822],[Net cash provided by operating activities,,2,323,190,,2,327,837,,2,082,884],[Investing Activities],[Capital additions (including software),,(771,109),,(519,481),,(495,877)],[Equity investments in tax credit qualifying partnerships,,(256,815),,(275,534),,(128,417)],[Business acquisitions, net of cash and cash equivalents acquired,,(165,818),,-,,(1,601,073)],[Other investing activities,,(4,934),,7,639,,2,539],[Net cash used in investing activities,,(1,198,676),,(787,376),,(2,222,828)],[Financing Activities],[Net increase (decrease) in short-term debt,,26,049,,(245,633),,869,030],[Long-term borrowings, net of debt issuance costs,,744,092,,-,,-],[Repayment of long-term debt and finance leases,,(755,414),,(4,741),,(439,444)],[Cash dividends paid,,(889,071),,(775,030),,(685,987)],[Repurchase of common stock,,(264,913),,(388,964),,(457,946)],[Exercise of stock options,,26,015,,34,158,,49,821],[Taxes withheld and paid on employee stock awards,,(35,009),,(35,515),,(16,610)],[Net cash used in financing activities,,(1,148,251),,(1,415,725),,(681,136)],[Effect of exchange rate changes on cash and cash equivalents,,(38,250),,9,887,,(5,075)],[(Decrease) increase in cash and cash equivalents, including cash classified as held for sale,,(61,987),,134,623,,(826,155)],[Less: Decrease in cash and cash equivalents classified as held for sale,,-,,-,,11,434],[Net (decrease) increase in cash and cash equivalents,,(61,987),,134,623,,(814,721)],[Cash and cash equivalents, beginning of period,,463,889,,329,266,,1,143,987],[Cash and cash equivalents, end of period,\bar ($),401,902,\bar ($),463,889,\bar ($),329,266],[Supplemental Disclosure],[Interest paid,$,160,729,$,131,757,$,127,726],[Income taxes paid,,303,942,,221,321,,275,171]]
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Regulation In Japan Evolution And Development From 2001 To 2015

Authors: Masatsugu Sanada, Yoshihiro Tokuga

1st Edition

0367221071, 9780367221072

More Books

Students also viewed these Accounting questions

Question

What is an armature?

Answered: 1 week ago

Question

=+Part 1 What kind of client could use vernacular in the campaign?

Answered: 1 week ago