What does Daniel 4:34 mean?

After that time passed, I, Nebuchadnezzar, looked up to heaven, and my sanity came back. I praised the Most High, honored him, and recognized that he lives forever. His rule never ends, and his kingdom lasts through every generation. Daniel 4:34 - Modern Text Bible

(When Nebuchadnezzar finally looks to God, his mind is restored, and he acknowledges God's eternal authority.)