Allison Transmission Holdings Inc. Files Q3 2024 10-Q
Ticker: ALSN · Form: 10-Q · Filed: Oct 30, 2024 · CIK: 1411207
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
Related Tickers: ALSN
TL;DR
**ALSN Q3 2024 10-Q FILED** - Latest financials and operational details now available.
AI Summary
Allison Transmission Holdings Inc. reported its Q3 2024 results, ending September 30, 2024. The company's filing details its financial performance and operational activities during the period. Specific financial figures and operational metrics are provided within the report.
Why It Matters
This filing provides investors with the latest financial and operational data for Allison Transmission Holdings Inc., crucial for understanding the company's performance and making informed investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial information.
Key Numbers
- Q3 2024 — Reporting Period (The third quarter of 2024, for which financial results are reported.)
- 2024-09-30 — End Date (The specific date marking the end of the reporting quarter.)
Key Players & Entities
- Allison Transmission Holdings Inc. (company) — Filer of the 10-Q report
- 2024-09-30 (date) — End of the reporting period for the 10-Q
- Indianapolis (location) — City where Allison Transmission Holdings Inc. is headquartered
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended September 30, 2024.
When was this 10-Q filed?
This 10-Q filing was filed on October 30, 2024.
What is the company's Central Index Key (CIK)?
The company's Central Index Key (CIK) is 0001411207.
Where is Allison Transmission Holdings Inc. headquartered?
Allison Transmission Holdings Inc. is headquartered in Indianapolis, Indiana.
What is the Standard Industrial Classification (SIC) code for Allison Transmission Holdings Inc.?
The Standard Industrial Classification (SIC) code for Allison Transmission Holdings Inc. is 3714, which corresponds to MOTOR VEHICLE PARTS & ACCESSORIES.
Filing Stats: 4,565 words · 18 min read · ~15 pages · Grade level 17.2 · Accepted 2024-10-30 09:14:48
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value ALSN New York Stock Excha
Filing Documents
- alsn-20240930.htm (10-Q) — 2246KB
- alsn-ex31_1.htm (EX-31.1) — 20KB
- alsn-ex31_2.htm (EX-31.2) — 21KB
- alsn-ex32_1.htm (EX-32.1) — 15KB
- img106252621_0.jpg (GRAPHIC) — 85KB
- 0000950170-24-118639.txt ( ) — 9843KB
- alsn-20240930.xsd (EX-101.SCH) — 1112KB
- alsn-20240930_htm.xml (XML) — 1975KB
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION Item 1.
Financial Statements
Financial Statements 3 Condensed Consolidated Balance Sheets 3 Condensed Consolidated Statements of Comprehensive Income 4 Condensed Consolidated Statements of Cash Flows 5 Condensed Consolidated Statements of Stockholders' Equity 6 Notes to Condensed Consolidated Financial Statements 8 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 24 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 37 Item 4.
Controls and Procedures
Controls and Procedures 38
OTHER INFORMATION
PART II. OTHER INFORMATION Item 1.
Legal Proceedings
Legal Proceedings 39 Item 1A.
Risk Factors
Risk Factors 39 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 39 Item 5. Other Information 40 Item 6. Exhibits 41
Signatures
Signatures 42 2 Table of Contents
FINANCI AL INFORMATION
PART I. FINANCI AL INFORMATION
Financi al Statements
ITEM 1. Financi al Statements Allison Transmission Holdings, Inc. Condensed Consolida ted Balance Sheets (unaudited, dollars in millions, except share and per share data) September 30, 2024 December 31, 2023 ASSETS Current Assets Cash and cash equivalents $ 788 $ 555 Accounts receivable – net of allowance for doubtful accounts of $ 2 and $ 4 , respectively 393 356 Inventories 326 276 Other current assets 85 63 Total Current Assets 1,592 1,250 Marketable securities 13 20 Property, plant and equipment, net 780 774 Intangible assets, net 825 833 Goodwill 2,076 2,076 Other non-current assets 82 72 TOTAL ASSETS $ 5,368 $ 5,025 LIABILITIES Current Liabilities Accounts payable $ 272 $ 210 Product warranty liability 29 32 Current portion of long-term debt 5 6 Deferred revenue 45 41 Other current liabilities 212 212 Total Current Liabilities 563 501 Product warranty liability 32 27 Deferred revenue 93 89 Long-term debt 2,396 2,497 Deferred income taxes 505 519 Other non-current liabilities 158 159 TOTAL LIABILITIES 3,747 3,792 Commitments and contingencies (see Note P) STOCKHOLDERS' EQUITY Common stock, $ 0.01 par value, 1,880,000,000 shares authorized, 86,743,980 shares issued and outstanding and 87,648,046 shares issued and outstanding, respectively 1 1 Non-voting common stock, $ 0.01 par value, 20,000,000 shares authorized, none issued and outstanding — — Preferred stock, $ 0.01 par value, 100,000,000 shares authorized, none issued and outstanding — — Paid in capital 1,930 1,891 Accumulated deficit ( 272 ) ( 628 ) Accumulated other comprehensive loss, net of tax ( 38 ) ( 31 ) TOTAL STOCKHOLDERS' EQUITY 1,621 1,233 TOTAL LIABILITIES & STOCKHOLDERS' EQUITY $ 5,368 $ 5,025 The accompanying notes are an integral part of the condensed consolidated