Trump | ||||||||||
Trump | Trump | Tax | ||||||||
Co | Tax | Tax | Cuts | |||||||
Quarter | US GAAP | US GAAP | Cuts | Cuts | Act | |||||
End | Net | Net | Act | Act | Mandatory | |||||
When | Income | Income | US | Decrease | Foreign | |||||
Trump | (Loss) | (Loss) | Federal | in Value | Earnings | |||||
Tax | Dec 17 | Dec 16 | Income | of Deferred | Repatriation | |||||
Cuts | Jan 18 | Jan 17 | Tax | Income | Toll | |||||
State | Act | or Feb 18 | or Feb 17 | Better | Debt | Tax | Tax | |||
Washington State Corps | City Hqs | HQs | Signed | Quarter | Quarter | (Worse) | Forgiveness | Assets | Expense | |
mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | |||||
Boeing | Seattle | WA | Dec 17 | 3,132 | 1,631 | 1,501 | 1,210 | (159) | ||
T-Mobile US | Bellevue | WA | Dec 17 | 2,702 | 390 | 2,312 | 2,180 | |||
Starbucks | Seattle | WA | Dec 17 | 2,250 | 752 | 1,498 | 77 | (212) | ||
Amazon | Seattle | WA | Dec 17 | 1,856 | 749 | 1,107 | 789 | |||
Costco | Issaquah | WA | Feb 18 | 713 | 521 | 192 | 165 | (152) | ||
PACCAR | Bellevue | WA | Dec 17 | 589 | 289 | 300 | 304 | (131) | ||
Fortive Corp | Everett | WA | Dec 17 | 337 | 225 | 112 | 205 | (135) | ||
Weyerhaeuser | Seattle | WA | Dec 17 | 271 | 62 | 209 | (74) | |||
Expeditors Intl of Washington | Seattle | WA | Dec 17 | 167 | 111 | 56 | 116 | (102) | ||
Expedia Group | Bellevue | WA | Dec 17 | 53 | 85 | (32) | 158 | (144) | ||
Microsoft | Redmond | WA | Dec 17 | (6,302) | 6,267 | (12,569) | 4,000 | (17,800) | ||
Total all 11 | 5,768 | 11,082 | (5,314) | -48% | 9,204 | (74) | (18,835) | |||
Total all 11 Excluding TTCA Effect | 15,473 | 11,082 | 4,391 | 40% |
Monday, April 23, 2018
11 Largest Washington State Corps, Led By Starbucks, With Market Caps of $10 Bil+ Generated 4Q 2017 Real On-Their-Own Total Earnings Exclusive of the Initial Trump Tax Cuts Act Effect of $15.473 Bil, Up an Extremely Robust 40% Over Their 4Q 2016 Total Earnings of $11.082 Bil ........................................................................................ These 11 Washington State Corps Received 4Q 2017 Total Income Tax Benefits From US Federal Income Tax Debt Forgiveness of $9.2 Bil and Were Nailed With 4Q 2017 Total Foreign Earnings Repatriation Mandatory Toll Tax Expenses of More Than Double That of $18.8 Bil
From SEC filings, below here is Net Income (Loss) From Continuing Operations for the 4Q 2017 and the 4Q 2016 as well as the Trump Tax Cuts Act (TTCA) 4Q 2017 US Federal Income Tax Earnings Effects for the 11 largest Washington State Corps all with stock market caps of at least $10 Bil.