# Navient LLC: Form 10-K for the period ended Dec 31, 2023

- Company: [Navient LLC](/companies/navi.md) (CIK 1593538)
- Form: 10-K
- Filed: 2024-02-26
- Accepted by EDGAR: Feb 26, 2024, 16:10 ET
- Period: 2023-12-31
- Accession: 0000950170-24-020149
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1593538/000095017024020149/navi-20231231.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1593538/000095017024020149/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2023-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2023-01-01 to 2023-12-31 | $321.0m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Interest expense | 12 months, 2023-01-01 to 2023-12-31 | $3.56bn | us-gaap:InterestExpense |
| Income tax | 12 months, 2023-01-01 to 2023-12-31 | $85.0m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2023-01-01 to 2023-12-31 | $228.0m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2023-01-01 to 2023-12-31 | $1.85 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2023-01-01 to 2023-12-31 | $1.87 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2023-01-01 to 2023-12-31 | 123,000,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2023-01-01 to 2023-12-31 | $676.0m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Dividends paid | 12 months, 2023-01-01 to 2023-12-31 | $78.0m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 12 months, 2023-01-01 to 2023-12-31 | $310.0m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | at 2023-12-31 | $839.0m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Total assets | at 2023-12-31 | $61.38bn | us-gaap:Assets |
| Total liabilities | at 2023-12-31 | $58.62bn | us-gaap:Liabilities |
| Long-term debt | at 2023-12-31 | $53.40bn | us-gaap:LongTermDebt |
| Short-term borrowings | at 2023-12-31 | $4.23bn | us-gaap:ShortTermBorrowings |

## Sections

No standard item headings were found in this filing’s main document, so no sections were extracted. Read the original on sec.gov. https://www.sec.gov/Archives/edgar/data/1593538/000095017024020149/navi-20231231.htm

Filed Feb 26, 2024.
Source: SEC EDGAR, the filing index for accession 0000950170-24-020149. Last ingested by Listed: Nov 2, 2026, 19:57 ET. No prices; not investment advice.