Molina Healthcare Inc (MOH) financial statements (2022 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

12/31/2020
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 investments6,0294,3984,5075,7104,5774,1302,559
Cash and cash equivalents4,1542,4522,8263,1862,8192,3291,539
Short-term investments1,8751,9461,6812,5241,7581,8011,019
Restricted cash and investments   169  203
Receivables1,6721,4061,330871974597596
Derivative instruments and hedges, assets 29476522267374 
Other current assets      51
Other undisclosed current assets175134149239170205(163)
Total current assets:7,8765,9676,4627,5115,9885,3063,245
Noncurrent Assets
Finance lease, right-of-use asset216228✕✕✕✕✕
Property, plant and equipment175157241342454393341
Intangible assets, net (including goodwill), including:941172190255760641361
Goodwill 143143186620519272
Intangible assets, net (excluding goodwill)24929476914012289
Other undisclosed intangible assets, net (including goodwill)692      
Derivative instruments and hedges      329
Restricted cash and investments13679220119110109102
Deferred income tax assets6979✕✕✕✕✕
Other noncurrent assets1191052440412844
Costs in excess of billings✕✕✕101868154
Deferred tax assets, net✕✕  1018 
Other undisclosed noncurrent assets  17103   
Total noncurrent assets:1,6568206929601,4611,2701,232
TOTAL ASSETS:9,5326,7877,1548,4717,4496,5764,477
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:641455390366385362242
Taxes payable      9
Other undisclosed accounts payable and accrued liabilities641455390366385362233
Deferred revenue375249✕✕✕✕✕
Debt12182416534724490
Derivative instruments and hedges, liabilities 29476522267374 
Deferred revenue and credits✕✕✕282315223196
Contract with customer, liability✕✕211✕✕✕✕
Other undisclosed current liabilities3,9372,5182,9283,7343,1312,4141,737
Total current liabilities:4,9653,2694,2465,5574,5703,8222,175
Noncurrent Liabilities
Long-term debt and lease obligation2,3521,4681,2171,5161,173962704
Long-term debt, excluding current maturities2,1271,2371,0201,3181,173962704
Finance lease, liability225231✕✕✕✕✕
Capital lease obligations✕✕197198   
Liabilities, other than long-term debt1199044615737427
Deferred tax liabilities, net✕✕  15 24
Due to related parties      40
Other liabilities119904461423733
Derivative instruments and hedges, liabilities      329
Other undisclosed noncurrent liabilities     198161
Total noncurrent liabilities:2,4711,5581,2611,5771,2301,1971,292
Total liabilities:7,4364,8275,5077,1345,8005,0193,467
Stockholders' equity
Stockholders' equity attributable to parent, including:2,0961,9601,6471,3371,6491,5571,010
Additional paid in capital1991756431,044841803396
Accumulated other comprehensive income (loss)374(8)(5)(2)(4)(1)
Retained earnings1,8601,7811,012298810758615
Other undisclosed stockholders' equity attributable to parent      0
Total stockholders' equity:2,0961,9601,6471,3371,6491,5571,010
TOTAL LIABILITIES AND EQUITY:9,5326,7877,1548,4717,4496,5764,477

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues19,42316,82918,89019,88317,78214,1789,667
Revenue, net✕✕✕19,37516,93113,4999,245
Premiums earned, net 16,20817,612✕✕✕✕
Cost of revenue(16,746)(14,400)(16,297)(18,237)(15,944)(12,541)(8,616)
Cost of goods and services sold(88)(89)(127)(3,233)(2,880)(1,929)(1,567)
Other undisclosed gross profit(198)(126)(75)164(166)(130) 
Gross profit:2,4792,3032,5181,8101,6721,5071,051
Operating expenses(1,599)(1,385)(1,447)(2,201)(1,532)(1,250)(858)
Other operating expense, net
(Other Expenses)		      (1)
Other undisclosed operating income (loss)19812660(164)1661301
Operating income (loss):1,0781,0441,131(555)306387193
Nonoperating income (expense)(117)(72)(132)61(101)(65)(58)
Other nonoperating income (expense)(15)15(17)61 1(58)
Interest and debt expense(15)15(22)(14)(101)(66)(57)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes15(15)22(104)1016657
Income (loss) from continuing operations before income taxes:961972999(612)205322135
Income tax expense (benefit)(288)(235)(292)100(153)(179)(73)
Income (loss) from continuing operations:673737707(512)5214363
Income from discontinued operations      0
Net income (loss):673737707(512)5214363
Other undisclosed net loss attributable to parent      (1)
Net income (loss) available to common stockholders, diluted:673737707(512)5214362

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):673737707(512)5214363
Other comprehensive income      0
Comprehensive income (loss):673737707(512)5214363
Other undisclosed comprehensive income (loss), net of tax, attributable to parent3312(2)(3)2(3)(1)
Comprehensive income (loss), net of tax, attributable to parent:706749705(515)5414062

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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