Molina Healthcare Inc (MOH) financial statements (2023 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)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,6407,2576,8496,3696,0294,9655,209
Cash and cash equivalents4,4384,3574,6084,4314,1543,1963,303
Short-term investments3,2022,9002,2411,9381,8751,7691,906
Receivables2,1771,9121,8571,7761,6721,7751,580
Other undisclosed current assets247197168163175213273
Total current assets:10,0649,3668,8748,3087,8766,9537,062
Noncurrent Assets
Finance lease, right-of-use asset206   216  
Property, plant and equipment190   175  
Intangible assets, net (including goodwill), including:1,252915929923941265164
Goodwill982      
Intangible assets, net (excluding goodwill)270   249  
Other undisclosed intangible assets, net (including goodwill) 915929923692265164
Restricted cash and investments2121561451381369387
Deferred income tax assets106836566697465
Other noncurrent assets17912813413711910199
Other undisclosed noncurrent assets 385383378 395399
Total noncurrent assets:2,1451,6671,6561,6421,656928814
TOTAL ASSETS:12,20911,03310,5309,9509,5327,8817,876
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:842797651695641566876
Other undisclosed accounts payable and accrued liabilities842797651695641566876
Deferred revenue370142713756154
Debt15   12  
Other undisclosed current liabilities5,8205,2725,0144,5573,9372,9292,825
Total current liabilities:7,0476,0705,7075,3234,9653,5563,755
Noncurrent Liabilities
Long-term debt and lease obligation2,3922,3502,3522,3512,3522,0392,041
Long-term debt, excluding current maturities2,1732,1302,1292,1282,1271,8131,812
Finance lease, liability219220223223225226229
Liabilities, other than long-term debt140951011121198584
Other liabilities140951011121198584
Total noncurrent liabilities:2,5322,4452,4532,4632,4712,1242,125
Total liabilities:9,5798,5158,1607,7867,4365,6805,880
Stockholders' equity
Stockholders' equity attributable to parent2,6302,5182,3702,1642,0962,2011,996
Additional paid in capital236205191170199181166
Accumulated other comprehensive income (loss)(5)172626373732
Retained earnings2,3992,2962,1531,9681,8601,9831,798
Total stockholders' equity:2,6302,5182,3702,1642,0962,2011,996
TOTAL LIABILITIES AND EQUITY:12,20911,03310,5309,9509,5327,8817,876

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues7,4097,0406,8006,5225,2355,0214,618
Premiums earned, net7,1666,8006,5836,306 4,7684,372
Cost of revenue(6,606)(6,253)(6,004)(5,661)(4,648)(4,338)(3,826)
Cost of goods and services sold(6,362)(6,049)(5,819)(5,474)11,324(4,098)(3,598)
Other undisclosed gross profit    (198)  
Gross profit:803787796861389683792
Operating expenses(612)(566)(523)(526)(496)(394)(368)
Other undisclosed operating income    198  
Operating income:19122127333591289424
Nonoperating expense(55)(30)(30)(30)(40)(27)(29)
Other nonoperating expense    (10) (5)
Interest and debt expense65(30)(30)(30)(10)(27)(5)
Other undisclosed income from continuing operations before equity method investments, income taxes  303010275
Income from continuing operations before equity method investments, income taxes:20116124330551262395
Other undisclosed income (loss) from continuing operations before income taxes(65)30     
Income from continuing operations before income taxes:13619124330551262395
Income tax expense(33)(48)(58)(77)(17)(77)(119)
Net income available to common stockholders, diluted:10314318522834185276

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income:10314318522834185276
Comprehensive income:10314318522834185276
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(22)(9) (11) 547
Comprehensive income, net of tax, attributable to parent:8113418521734190323

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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