California Water Service Group Holding (CWT) financial statements (2021 and earlier)

Company profile

Business Address 1720 N FIRST ST
SAN JOSE, CA 95112
State of Incorp. DE
Fiscal Year End December 31
SIC 4941 - Water Supply (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4543479525920
Cash and cash equivalents4543479525920
Restricted cash and investments1      
Receivables98119123115103105117
Inventory, net of allowances, customer advances and progress billings9876666
Inventory9876666
Regulatory current assets96384237303553
Deferred tax assets    (20)
Other current assets 231918141418
Other undisclosed current assets17(46)(49)(43)(37)(41)(39)
Total current assets:266185189228142128154
Noncurrent Assets
Finance lease, right-of-use asset79
Operating lease, right-of-use asset1614
Intangible assets, net (including goodwill)44141414141514
Goodwill32333333
Intangible assets, net (excluding goodwill)12111211121311
Regulated entity, other noncurrent assets325433354401356367395
Other noncurrent assets120846061524745
Other undisclosed noncurrent assets2,6152,3732,2212,0371,8471,6891,579
Total noncurrent assets:3,1282,9272,6492,5132,2702,1192,033
TOTAL ASSETS:3,3943,1112,8382,7402,4122,2462,187
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities16614413313411610099
Accounts payable1321089694786659
Accrued liabilities4376668
Employee-related liabilities19232024231924
Taxes payable4444434
Interest and dividends payable6666654
Deferred revenue33
Debt3761991702911234086
Deferred compensation liability      7
Regulatory liability3541259526
Other undisclosed current liabilities98676620
Total current liabilities:589359321491250148218
Noncurrent Liabilities
Long-term debt and lease obligation799805710516532512419
Long-term debt, excluding current maturities781787710516532512419
Finance lease, liability45
Operating lease, liability1413
Liabilities, other than long-term debt639753665853790766753
Customer advances or deposits183182180182
Deferred revenue and credits2222
Accumulated deferred investment tax credit 22
Deferred tax liabilities, net213193299265215
Deferred income tax liabilities276223
Liability, pension and other postretirement and postemployment benefits116259194252223236271
Regulatory liability181211211180393536
Other liabilities67594544454747
Total noncurrent liabilities:1,4391,5581,3751,3691,3211,2781,173
Total liabilities:2,0281,9171,6961,8601,5711,4261,390
Stockholders' equity
Stockholders' equity attributable to parent921780730693659642627
Common stock1000000
Additional paid in capital449362338336335333331
Retained earnings472417392357324309296
Total stockholders' equity:921780730693659642627
Other undisclosed liabilities and equity445414412187181178170
TOTAL LIABILITIES AND EQUITY:3,3943,1112,8382,7402,4122,2462,187

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues698664675    
Cost of revenue
(Cost of Goods and Services Sold)
(230)(212)(207)(228)(209)(196)(211)
Gross profit:468452468(228)(209)(196)(211)
Operating expenses(117)(109)(101)(103)(98)(113)(99)
Other undisclosed operating income (loss)(214)(244)(256)425383381392
Operating income:1379911195767182
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
25(7)6312
Interest and debt expense(45)(45)(40)(36)(33)(29)(28)
Income from continuing operations before income taxes:94596465464355
Income tax expense      (28)
Net income:94596465464327
Other undisclosed net income attributable to parent34     
Net income attributable to parent:97636465464327
Other undisclosed net income available to common stockholders, basic  223230
Net income available to common stockholders, diluted:97636667494557

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:94596465464327
Comprehensive income, net of tax, attributable to parent:94596465464327

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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