Schneider National Inc

For the period ended Dec 31, 2024. Filed Feb 21, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 21, 2025

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

(in millions, except share data)

	December 31, 2024	December 31, 2023
Assets
Current Assets:
Cash and cash equivalents	$117.6	$102.4
Marketable securities	47.9	57.2
Trade accounts receivable—net of allowance of $8.0 million and $15.0 million, respectively	600.0	575.7
Other receivables	54.2	61.9
Current portion of lease receivables—net of allowance of $0.8 million and $1.0 million, respectively	85.3	93.3
Inventories—net	89.8	117.9
Prepaid expenses and other current assets	120.5	102.5
Total current assets	1,115.3	1,110.9
Noncurrent Assets:
Property and equipment:
Transportation equipment	4,162.2	3,781.0
Land, buildings, and improvements	264.8	226.1
Other property and equipment	111.9	180.2
Total property and equipment	4,538.9	4,187.3
Less accumulated depreciation	1,669.5	1,605.6
Net property and equipment	2,869.4	2,581.7
Lease receivables	133.1	130.2
Internal use software and other noncurrent assets	438.0	402.7
Goodwill	377.9	331.7
Total noncurrent assets	3,818.4	3,446.3
Total Assets	$4,933.7	$4,557.2
Liabilities and Shareholders’ Equity
Current Liabilities:
Trade accounts payable	$253.1	$241.3
Accrued salaries, wages, and benefits	90.6	66.7
Claims accruals—current	139.6	89.2
Current maturities of debt and finance lease obligations	106.0	104.5
Other current liabilities	115.2	104.5
Total current liabilities	704.5	606.2
Noncurrent Liabilities:
Long-term debt and finance lease obligations	420.8	197.6
Claims accruals—noncurrent	151.2	92.7
Deferred income taxes	565.6	595.7
Other noncurrent liabilities	104.7	108.2
Total noncurrent liabilities	1,242.3	994.2
Total Liabilities	1,946.8	1,600.4
Commitments and Contingencies (Note 13)
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, 96,031,098 and 95,796,669 shares issued, and 92,221,383 and 92,931,242 shares outstanding, respectively	—	—
Additional paid-in capital	1,605.3	1,595.2
Retained earnings	1,481.8	1,431.9
Accumulated other comprehensive loss	(3.8)	(3.4)
Treasury stock at cost (3,795,036 and 2,505,267 shares)	(96.4)	(66.9)
Total Shareholders’ Equity	2,986.9	2,956.8
Total Liabilities and Shareholders’ Equity	$4,933.7	$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.