Schneider National Inc

For the period ended Mar 31, 2024. Filed May 2, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 2, 2024

SNDR$28.92+4.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets (Unaudited)

(in millions, except share data)

	March 31,	December 31,
	2024	2023
Assets
Current Assets:
Cash and cash equivalents	$67.3	$102.4
Marketable securities	56.9	57.2
Trade accounts receivable—net of allowance of $13.4 million and $15.0 million, respectively	573.9	575.7
Other receivables	47.5	61.9
Current portion of lease receivables—net of allowance of $1.0 million	89.3	93.3
Inventories—net	91.9	117.9
Prepaid expenses and other current assets	144.3	102.5
Total current assets	1,071.1	1,110.9
Noncurrent Assets:
Property and equipment:
Transportation equipment	3,879.2	3,781.0
Land, buildings, and improvements	227.3	226.1
Other property and equipment	184.2	180.2
Total property and equipment	4,290.7	4,187.3
Less accumulated depreciation	1,649.7	1,605.6
Net property and equipment	2,641.0	2,581.7
Lease receivables	133.9	130.2
Internal use software and other noncurrent assets	401.1	402.7
Goodwill	331.7	331.7
Total noncurrent assets	3,507.7	3,446.3
Total Assets	$4,578.8	$4,557.2
Liabilities and Shareholders’ Equity
Current Liabilities:
Trade accounts payable	$274.6	$241.3
Accrued salaries, wages, and benefits	68.4	66.7
Claims accruals—current	88.0	89.2
Current maturities of debt and finance lease obligations	209.4	104.5
Other current liabilities	103.3	104.5
Total current liabilities	743.7	606.2
Noncurrent Liabilities:
Long-term debt and finance lease obligations	96.6	197.6
Claims accruals—noncurrent	102.3	92.7
Deferred income taxes	587.4	595.7
Other noncurrent liabilities	106.8	108.2
Total noncurrent liabilities	893.1	994.2
Total Liabilities	1,636.8	1,600.4
Commitments and Contingencies (Note 12)
Shareholders’ Equity:
Preferred shares, no par value, 50,000,000 shares authorized, no shares issued or outstanding	—	—
Class A common shares, no par value, 250,000,000 shares authorized, 83,029,500 shares issued and outstanding	—	—
Class B common shares, no par value, 750,000,000 shares authorized, 95,927,043 and 95,796,669 shares issued, and 92,844,330 and 92,931,242 shares outstanding, respectively	—	—
Additional paid-in capital	1,591.8	1,595.2
Retained earnings	1,433.7	1,431.9
Accumulated other comprehensive loss	(3.6)	(3.4)
Treasury stock at cost (3,068,034 and 2,505,267 shares)	(79.9)	(66.9)
Total Shareholders’ Equity	2,942.0	2,956.8
Total Liabilities and Shareholders’ Equity	$4,578.8	$4,557.2

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.