XML 12 R6.htm IDEA: XBRL DOCUMENT v3.24.2
STATEMENTS OF STOCKHOLDER'S EQUITY - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2022   $ 31.0 $ 14.5 $ 164.6 $ 1,813.6 $ 18.4
Investments from PACCAR       4.8    
Net income $ 79.4       79.4  
Dividends paid         (250.0)  
Net unrealized gain (loss) (1.5)         (1.5)
Ending balance at Jun. 30, 2023 1,874.8 31.0 14.5 169.4 1,643.0 16.9
Beginning balance at Mar. 31, 2023   31.0 14.5 169.0 1,604.7 10.2
Investments from PACCAR       0.4    
Net income 38.3       38.3  
Net unrealized gain (loss) 6.7         6.7
Ending balance at Jun. 30, 2023 1,874.8 31.0 14.5 169.4 1,643.0 16.9
Beginning balance at Dec. 31, 2023 1,931.2 [1] 31.0 14.5 171.6 1,703.1 11.0
Investments from PACCAR       5.4    
Net income 59.2       59.2  
Dividends paid         (50.0)  
Net unrealized gain (loss) 1.2         1.2
Ending balance at Jun. 30, 2024 1,947.0 31.0 14.5 177.0 1,712.3 12.2
Beginning balance at Mar. 31, 2024   31.0 14.5 176.3 1,682.3 12.9
Investments from PACCAR       0.7    
Net income 30.0       30.0  
Net unrealized gain (loss) (0.7)         (0.7)
Ending balance at Jun. 30, 2024 $ 1,947.0 $ 31.0 $ 14.5 $ 177.0 $ 1,712.3 $ 12.2
[1] The December 31, 2023 balance sheet has been derived from audited financial statements.