Molina Healthcare Inc (MOH) financial statements (2021 and earlier)

Company profile

Business Address 200 OCEANGATE, SUITE 100
LONG BEACH, CA 90802
State of Incorp. DE
Fiscal Year End December 31
SIC 6324 - Hospital and Medical Service Plans (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,3984,5075,7104,5774,1302,5591,639
Cash and cash equivalents2,4522,8263,1862,8192,3291,539936
Short-term investments1,9461,6812,5241,7581,8011,019703
Restricted cash and investments  169  203 
Receivables1,4061,330871974597596299
Derivative instruments and hedges, assets29476522267374  
Other current assets     5142
Other undisclosed current assets134149239170205(163)59
Total current assets:5,9676,4627,5115,9885,3063,2452,040
Noncurrent Assets
Finance lease, right-of-use asset228✕✕✕✕✕✕
Property, plant and equipment157241342454393341292
Long-term investments and receivables      11
Long-term investments      11
Intangible assets, net (including goodwill)172190255760641361330
Goodwill143143186620519272231
Intangible assets, net (excluding goodwill)2947691401228999
Derivative instruments and hedges     329186
Restricted cash and investments7922011911010910263
Deferred income tax assets79✕✕✕✕✕✕
Other noncurrent assets105244041284436
Costs in excess of billings✕✕10186815446
Deferred tax assets, net✕  1018  
Other undisclosed noncurrent assets 17103    
Total noncurrent assets:8206929601,4611,2701,232963
TOTAL ASSETS:6,7877,1548,4717,4496,5764,4773,003
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:455390366385362242320
Taxes payable     9 
Other undisclosed accounts payable and accrued liabilities455390366385362233320
Deferred revenue249✕✕✕✕✕✕
Debt182416534724490182
Derivative instruments and hedges, liabilities29476522267374  
Deferred revenue and credits✕✕282315223196122
Contract with customer, liability✕211✕✕✕✕✕
Other undisclosed current liabilities2,5182,9283,7343,1312,4141,737670
Total current liabilities:3,2694,2465,5574,5703,8222,1751,294
Noncurrent Liabilities
Long-term debt and lease obligation1,4681,2171,5161,173962704576
Long-term debt, excluding current maturities1,2371,0201,3181,173962704416
Finance lease, liability231✕✕✕✕✕✕
Capital lease obligations✕197198   159
Liabilities, other than long-term debt9044615737427240
Deferred tax liabilities, net✕  15 241
Due to related parties     4027
Other liabilities90446142373326
Derivative instruments and hedges, liabilities     329186
Other undisclosed noncurrent liabilities    198161 
Total noncurrent liabilities:1,5581,2611,5771,2301,1971,292816
Total liabilities:4,8275,5077,1345,8005,0193,4672,110
Stockholders' equity
Stockholders' equity attributable to parent, including:1,9601,6471,3371,6491,5571,010893
Additional paid in capital1756431,044841803396341
Accumulated other comprehensive income (loss)4(8)(5)(2)(4)(1)(1)
Retained earnings1,7811,012298810758615553
Other undisclosed stockholders' equity attributable to parent     00
Total stockholders' equity:1,9601,6471,3371,6491,5571,010893
TOTAL LIABILITIES AND EQUITY:6,7877,1548,4717,4496,5764,4773,003

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues16,82918,89019,88317,78214,1789,6676,589
Revenue, net✕✕19,37516,93113,4999,2456,410
Premiums earned, net16,20817,612✕✕✕✕✕
Cost of revenue(14,400)(16,297)(18,237)(15,944)(12,541)(8,616)(5,712)
Cost of goods and services sold(89)(127)(3,233)(2,880)(1,929)(1,567)(1,193)
Other undisclosed gross profit(126)(75)164(166)(130)  
Gross profit:2,3032,5181,8101,6721,5071,051877
Operating expenses(1,385)(1,447)(2,201)(1,532)(1,250)(858)(740)
Other operating income (expense), net
(Other Expenses)		     (1)3
Other undisclosed operating income (loss)12660(164)1661301(3)
Operating income (loss):1,0441,131(555)306387193137
Nonoperating income (expense)(72)(132)61(101)(65)(58)(67)
Investment income, nonoperating      (12)
Other nonoperating income (expense)15(17)61 1(58)(55)
Interest and debt expense15(22)(14)(101)(66)(57)(52)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(15)22(104)101665764
Income (loss) from continuing operations before income taxes:972999(612)20532213581
Income tax expense (benefit)(235)(292)100(153)(179)(73)(36)
Income (loss) from continuing operations:737707(512)521436345
Income from discontinued operations     0 
Net income (loss):737707(512)521436345
Other undisclosed net income (loss) attributable to parent     (1)8
Net income (loss) available to common stockholders, diluted:737707(512)521436253

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):737707(512)521436345
Other comprehensive income     0 
Comprehensive income (loss):737707(512)521436345
Other undisclosed comprehensive income (loss), net of tax, attributable to parent12(2)(3)2(3)(1)7
Comprehensive income (loss), net of tax, attributable to parent:749705(515)541406252

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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