MDU Resources Group, Inc. (MDU) financial statements (2021 and earlier)

Company profile

Business Address 1200 WEST CENTURY AVENUE
BISMARCK, ND 58503
State of Incorp.
Fiscal Year End December 31
SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (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 investments60665435468582
Cash and cash equivalents60665435468582
Receivables874837723727630590693
Inventory, net of allowances, customer advances and progress billings291278287227238254301
Inventory291278287227238254301
Deferred costs     120
Derivative instruments and hedges, assets      18
Regulatory current assets69      
Disposal group, including discontinued operation 0001425 
Other current assets4411612081483577
Other undisclosed current assets     324
Total current assets:1,3371,2981,1841,0709771,0211,195
Noncurrent Assets
Operating lease, right-of-use asset120115
Property, plant and equipment5,167    4,3115,527
Long-term investments and receivables165    120118
Long-term investments165    120118
Intangible assets, net (including goodwill)740697676636638643645
Goodwill715681665632632635635
Intangible assets, net (excluding goodwill)25151146710
Regulated entity, other noncurrent assets379      
Disposal group, including discontinued operation, noncurrent assets 124197167 
Other noncurrent assets144506409408415366325
Total noncurrent assets:6,7161,3201,0871,0481,2505,6076,615
Other undisclosed assets 5,0664,7174,2174,057  
TOTAL ASSETS:8,0537,6836,9886,3356,2846,6287,810
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities648593509466432439527
Accounts payable426403359312280310383
Employee-related liabilities91996973664663
Taxes payable89494243484646
Interest and dividends payable43424039383736
Deferred revenue 143
Debt524825214844289269
Regulatory liability31      
Disposal group, including discontinued operation 4 121048 
Other liabilities199222221186184172173
Other undisclosed current liabilities34(143)4    
Total current liabilities:964866986813670948969
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,29884    1,825
Long-term debt, excluding current maturities2,212      
Operating lease, liability8784
Other undisclosed long-term debt and lease obligation      1,825
Liabilities, other than long-term debt1,7121,6591,1481,1791,5521,5321,766
Asset retirement obligations440      
Deferred tax liabilities, net  668720952
Deferred income tax liabilities516507
Regulatory liability428      
Other liabilities3281,1521,1481,179884812814
Other undisclosed noncurrent liabilities  430347  (1,825)
Total noncurrent liabilities:4,0111,7431,5781,5261,5521,5321,766
Other undisclosed liabilities 2,2271,8571,5661,7471,6271,825
Total liabilities:4,9744,8364,4213,9063,9684,1074,560
Stockholders' equity
Stockholders' equity attributable to parent3,0792,8472,5672,4292,3162,3973,134
Preferred stock    151515
Common stock201201197196196196195
Treasury stock, value(4)(4)(4)(4)(4)(4)(4)
Additional paid in capital1,3711,3551,2491,2331,2321,2301,207
Accumulated other comprehensive loss(48)(42)(38)(37)(36)(37)(42)
Retained earnings1,5581,3371,1641,0419129961,763
Stockholders' equity attributable to noncontrolling interest     124116
Total stockholders' equity:3,0792,8472,5672,4292,3162,5213,250
TOTAL LIABILITIES AND EQUITY:8,0537,6836,9886,3356,2846,6287,810

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
Revenues5,5335,3374,5324,4434,1294,1924,671
Cost of revenue
(Cost of Goods and Services Sold)
   (79)(76)(12)(659)
Gross profit:5,5335,3374,5324,3654,0534,1794,011
Operating expenses(4,988)(4,856)(4,130)(4,015)(3,720)(3,937)(4,182)
Other undisclosed operating income   797612659
Operating income:545481402429409254488
Nonoperating income (expense)2716(0)451916
Public utilities, allowance for funds used during construction, capitalized cost of equity      6
Other nonoperating income (expense)2716(0)451910
Interest and debt expense(97)(99)(85)(83)(88)(93)(87)
Income from continuing operations before equity method investments, income taxes:475398317350326180417
Loss from equity method investments      (0)
Other undisclosed loss from continuing operations before income taxes      (6)
Income from continuing operations before income taxes:475398317350326180411
Income tax expense(85)(63)(47)(65)(93)(66)(120)
Income from continuing operations:391335269285233115291
Income (loss) from discontinued operations  3(4)(300)(772)3
Net income (loss):391335272281(67)(658)294
Net income attributable to noncontrolling interest     354
Other undisclosed net income (loss) attributable to parent(0)0     
Net income (loss) attributable to parent:390335272281(67)(622)298
Preferred stock dividends and other adjustments   (1)(1)(1)(1)
Other undisclosed net income available to common stockholders, basic    132  
Net income (loss) available to common stockholders, diluted:39033527228064(623)298

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 (loss):391335272281(67)(658)294
Other comprehensive income (loss)(6)(4)7(2)15(4)
Comprehensive income (loss):385331279280(66)(653)290
Comprehensive income, net of tax, attributable to noncontrolling interest     354
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)0  132  
Comprehensive income (loss), net of tax, attributable to parent:38433227928066(617)294

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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