Otter Tail Corp OTTR Balance Sheet

Otter tail corp (OTTR)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Current Assets
Cash and Cash Equivalents
7	21	0	0	0	0	0	1	1	16	0	0	0	0	0	0	0	0	0	0	0	0	0	-	6	2	59	42	37	52	-	0	-	15	6	0	0	-	0	0	4
Accounts Receivable:
Trade—Net
96	77	92	105	113	75	96	91	94	68	87	79	82	68	69	78	73	62	76	67	74	60	105	101	99	57	98	99	102	91	133	134	139	93	152	148	152	94	143	116	95
Other
7	8	8	9	8	9	8	10	7	7	7	7	7	5	7	7	7	9	17	18	14	13	13	11	11	9	15	9	10	7	5	16	16	8	16	14	15	18	11	11	10
Inventories
98	97	97	105	106	106	94	90	87	88	78	87	81	83	80	81	85	85	83	81	84	85	78	82	81	72	72	73	73	69	73	77	82	68	91	86	81	72	88	94	86
Deferred Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53	54	52	-	47	43	39	35	19	19	19	30	12	12	12	9	11	12	12	10	11	11	11
Unbilled Receivables
19	20	19	18	18	23	16	18	18	22	14	15	18	20	14	15	16	17	14	14	15	17	15	16	16	17	12	11	14	15	11	11	12	13	13	11	13	13	-	-	-
Income Taxes Receivable
0	1	0	0	-	2	-	0	-	1	0	0	0	0	-	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	4	-	19	10	48
Accrued Utility and Cost-of-Energy Revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	10	15
Costs and Estimated Earnings in Excess of Billings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	5	3	-	4	5	3	3	23	75	66	12	54	71	66	67	57	76	61
Regulatory Assets
20	21	12	14	15	17	16	17	19	22	21	16	17	21	19	17	18	18	18	17	20	25	19	18	20	17	17	20	21	25	21	25	24	27	-	-	-	21	-	-	-
Other
7	5	6	8	9	6	8	9	11	12	16	14	11	8	11	14	8	8	9	8	6	7	10	13	11	7	10	12	14	8	17	16	20	15	23	21	25	18	17	22	15
Assets of Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	33	47	0	0	0	49	0	1	4	19	0	0	0	209	0	2	90	197	-	-	-
Total Current Assets
256	254	237	263	273	241	241	239	240	239	228	220	218	208	203	214	209	206	273	262	300	256	297	292	291	270	310	293	300	323	299	369	375	474	371	368	461	513	361	353	350
Investments
9	9	9	9	9	8	9	8	8	8	8	8	8	8	8	8	8	8	7	10	10	8	8	8	8	9	9	9	9	9	9	9	11	11	11	12	9	9	9	9	9
Other Assets
38	40	38	39	38	35	36	36	35	36	34	35	35	34	33	33	33	32	31	30	30	30	29	30	29	28	27	27	26	26	26	27	27	26	27	28	28	27	26	26	26
Goodwill
37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	39	39	38	31	31	31	38	38	38	31	38	38	38	38	39	39	39	39	69	69	69	39	94	94	106
Other Intangibles—Net
10	11	11	11	12	12	12	13	13	13	14	14	14	14	15	15	15	15	16	10	11	11	12	12	13	12	13	13	14	14	14	14	15	15	15	15	16	16	27	27	33
Unamortized Debt Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	4	4	4	4	4	4	4	4	4	5	4	5	6	6	6	6	6	6	6	-	7
Unamortized Debt Expense and Reacquisition Premiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	-
Regulatory Assets
142	144	130	131	133	135	124	123	125	129	122	127	128	132	118	123	124	127	123	127	127	129	73	77	78	83	131	131	129	134	117	118	122	124	111	114	117	108	130	123	121
Right of Use Assets - Operating Leases
21	21	21	19	20	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Deferred Debits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	127	131	131	134	77	81	83	87	136	136	133	140	122	124	128	130	118	120	124	115	137	133	129
Plant
Electric Plant in Service
2,211	2,212	2,189	2,170	2,160	2,019	2,000	1,993	1,986	1,981	1,953	1,870	1,868	1,860	1,842	1,834	1,824	1,820	1,590	1,583	1,560	1,545	1,521	1,507	1,473	1,460	1,438	1,434	1,429	1,423	1,409	1,380	1,378	1,372	1,343	1,336	1,333	1,332	1,320	1,314	1,313
Nonelectric Operations
251	247	238	234	231	228	225	223	219	216	214	214	212	211	215	218	207	201	195	180	178	175	197	195	196	170	194	190	187	186	219	217	309	177	368	365	355	288	388	381	362
Construction Work in Progress
234	185	141	73	49	181	183	168	153	141	138	188	166	153	143	116	98	79	284	269	269	248	234	210	207	187	159	107	88	77	71	82	63	52	67	56	51	41	42	37	23
Total Gross Plant
2,697	2,645	2,570	2,477	2,440	2,429	2,409	2,385	2,360	2,339	2,306	2,274	2,248	2,225	2,202	2,169	2,130	2,101	2,070	2,032	2,008	1,968	1,954	1,913	1,877	1,819	1,792	1,732	1,706	1,687	1,700	1,680	1,751	1,602	1,778	1,758	1,740	1,663	1,751	1,732	1,698
Less Accumulated Depreciation and Amortization
908	891	877	875	861	848	844	832	814	799	785	773	761	748	749	740	728	713	708	699	709	700	705	695	686	663	670	659	648	637	642	630	670	599	681	666	653	614	648	633	599
Net Plant
1,789	1,753	1,692	1,602	1,579	1,581	1,565	1,552	1,546	1,539	1,520	1,500	1,487	1,477	1,452	1,428	1,402	1,387	1,361	1,333	1,298	1,268	1,248	1,218	1,191	1,155	1,122	1,072	1,057	1,049	1,057	1,050	1,081	1,002	1,097	1,092	1,087	1,049	1,103	1,099	1,098
Total Assets
2,306	2,273	2,180	2,114	2,104	2,052	2,027	2,011	2,007	2,004	1,966	1,944	1,930	1,912	1,868	1,861	1,833	1,818	1,856	1,811	1,815	1,740	1,714	1,682	1,656	1,596	1,658	1,591	1,581	1,602	1,569	1,634	1,679	1,700	1,711	1,708	1,796	1,770	1,760	1,745	1,754
Current Liabilities
Short-Term Debt
19	6	108	36	43	18	15	20	30	112	103	58	59	42	37	49	42	80	86	43	48	10	39	28	11	51	40	1	1	-	12	11	3	-	39	30	116	79	93	67	7
Current Maturities of Long-Term Debt
0	0	0	0	0	0	0	0	0	0	0	42	45	33	85	52	52	52	0	0	0	0	0	0	0	0	0	0	0	0	0	50	3	0	3	3	0	0	0	0	59
Accounts Payable
99	120	89	111	100	96	91	95	87	84	96	94	83	89	77	86	89	89	96	101	95	107	107	108	104	96	109	97	87	88	103	118	121	80	113	121	109	102	88	94	83
Accrued Salaries and Wages
14	22	19	18	15	24	21	18	14	21	17	15	12	17	15	14	13	16	15	14	12	19	21	17	13	18	18	16	11	20	24	18	14	15	21	20	16	17	21	18	21
Accrued Federal and State Income Taxes
-	-	3	3	2	-	2	0	0	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
Accrued Taxes
18	17	13	11	18	17	15	10	17	16	13	10	17	16	12	10	15	14	11	9	15	13	10	9	14	12	10	8	12	12	10	8	12	11	10	8	11	11	10	8	11
Regulatory Liabilities
9	7	6	8	7	0	7	7	5	9	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current Operating Lease Liabilities
4	4	4	3	3	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Billings In Excess Of Costs and Estimated Earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	4	10	-	16	16	19	16	-	-	-	9	-	-	-	-	-	-	-
Derivative Liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	14	11	14	6	5	8	11	12	13	14	18	18	20	24	18	16	18	19	17	19	18	14
Other Accrued Liabilities
8	10	7	11	8	12	9	12	9	11	14	15	15	12	16	17	16	15	7	12	8	8	8	8	8	6	7	5	7	6	6	5	7	5	11	8	11	5	11	9	9
Liabilities of Discontinued Operations
-	-	-	-	-	-	-	0	-	-	0	1	1	1	1	1	2	2	2	3	20	26	3	3	3	39	4	5	5	11	0	0	0	50	0	2	18	49	-	-	-
Total Current Liabilities
175	189	253	206	200	170	163	166	166	256	246	236	235	215	246	233	232	271	237	198	214	200	199	186	174	236	219	164	158	173	176	233	186	192	215	213	305	284	246	218	207
Pensions Benefit Liability
87	98	75	88	88	98	89	89	89	109	98	98	97	97	95	95	95	104	93	93	93	102	50	50	50	69	109	108	107	116	99	98	97	106	76	75	74	73	78	97	95
Other Postretirement Benefits Liability
71	71	73	73	72	71	70	70	70	69	63	62	62	62	49	49	48	48	54	54	54	53	46	45	45	45	59	60	59	58	49	49	49	48	43	43	42	42	39	38	37
Long-Term Operating Lease Liabilities
17	18	18	16	17	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Noncurrent Liabilities
30	30	28	28	26	24	25	25	23	22	22	22	22	21	25	24	23	23	24	24	24	26	21	22	21	25	25	24	23	22	21	22	26	18	19	20	21	21	23	23	22
Commitments and Contingencies (note 9)
-	-	-	-	-	-	-	0	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Credits
Deferred Income Taxes
137	131	124	122	121	120	108	104	103	100	242	235	231	226	222	217	213	207	246	248	239	181	229	218	212	192	177	171	166	171	152	152	161	173	178	173	163	155	173	163	155
Deferred Tax Credits
18	18	18	19	19	19	20	20	21	21	21	22	22	22	23	23	24	24	24	25	25	26	26	27	27	28	28	29	30	31	31	32	32	33	33	34	44	44	45	46	47
Regulatory Liabilities
239	239	238	224	225	226	231	228	233	232	84	83	82	82	79	77	78	77	77	77	77	77	76	78	75	73	70	70	69	68	69	68	69	69	69	68	67	66	65	65	64
Other
3	2	2	2	2	1	2	2	2	3	4	5	6	7	8	9	10	11	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Deferred Credits
398	393	384	368	369	369	362	355	360	358	353	346	342	339	333	328	325	321	350	352	344	285	333	325	316	295	277	271	267	272	254	253	263	276	281	276	275	267	285	275	267
Capitalization
Long-Term Debt—Net
724	689	590	590	590	590	589	589	589	490	490	490	490	505	460	493	493	443	498	498	498	498	498	498	498	389	437	437	437	421	421	421	471	471	433	433	436	433	435	435	436
Class B Stock Options of Subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	1
Common Shares, Par Value $5 Per Share—Authorized, 50,000,000 Shares; Outstanding, 2020—40,376,448 Shares; 2019—40,157,591 Shares
201	200	198	198	198	198	198	198	198	197	197	197	197	196	196	193	190	189	188	187	187	186	183	183	182	181	181	181	181	180	180	180	180	180	180	180	180	180	179	179	179
Premium on Common Shares
372	364	346	345	342	344	343	342	341	343	342	341	339	337	329	313	298	293	290	287	284	278	267	263	259	255	255	254	254	253	253	253	253	253	252	251	251	251	250	249	250
Retained Earnings
231	222	215	205	203	190	189	179	174	161	155	150	146	139	134	132	128	126	123	119	119	112	113	108	109	99	97	93	96	92	100	109	137	141	196	200	193	198	207	212	243
Accumulated Other Comprehensive Loss
-6	-6	-4	-4	-4	-4	-5	-5	-6	-5	-3	-3	-3	-3	-3	-3	-3	-3	-4	-4	-4	-4	-1	-1	-1	-1	-4	-4	-4	-4	-3	-3	-3	-3	-2	-2	1	1	-0	-1	-1
Total Common Equity
800	781	756	744	740	728	725	714	708	696	692	686	679	670	656	636	613	605	597	589	586	572	563	553	549	534	529	525	527	521	531	539	568	571	625	629	625	631	636	640	671
Total Capitalization
1,524	1,471	1,346	1,334	1,330	1,318	1,315	1,304	1,297	1,187	1,182	1,176	1,169	1,175	1,117	1,129	1,107	1,048	1,096	1,088	1,084	1,071	1,061	1,051	1,048	924	967	962	965	959	968	977	1,055	1,058	1,074	1,078	1,077	1,081	1,088	1,092	1,124
Total Liabilities and Equity
2,306	2,273	2,180	2,114	2,104	2,052	2,027	2,011	2,007	2,004	1,966	1,944	1,930	1,912	1,868	1,861	1,833	1,818	1,856	1,811	1,815	1,740	1,714	1,682	1,656	1,596	1,658	1,591	1,581	1,602	1,569	1,634	1,679	1,700	1,711	1,708	1,796	1,770	1,760	1,745	1,754
Cumulative Preferred Shares [Member]
Cumulative Shares
0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cumulative Preference Shares [Member]
Cumulative Shares
0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-