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.
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%