Tutor Perini Corporation TPC Balance Sheet

Tutor perini corporation (TPC)

Balance Sheet / Quarterly

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	Dec'10
ASSETS
CURRENT ASSETS:
Cash and cash equivalents ($86,126 and $103,850 related to variable interest entities ("VIEs"))
198	193	207	149	101	116	118	138	174	192	221	172	104	146	170	93	90	75	96	106	145	135	137	139	133	119	127	142	132	168	180	185	190	204	273	420	471
Restricted cash
5	8	6	4	5	3	3	3	4	4	17	52	60	50	48	49	49	45	38	39	44	44	46	42	43	42	47	47	45	38	38	38	35	35	35	32	23
Restricted investments
75	70	67	65	63	58	53	52	53	53	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable ($80,794 and $91,090 related to VIEs)
1,501	1,354	1,460	1,469	1,347	1,261	1,325	1,272	1,236	1,265	1,857	1,838	1,749	1,743	1,718	1,739	1,615	1,473	1,550	1,553	1,394	1,479	1,580	1,454	1,263	1,291	1,397	1,389	1,331	1,224	1,249	1,198	1,184	1,275	1,312	1,021	880
Retainage receivable ($86,033 and $89,132 related to VIEs)
573	562	542	508	490	478	492	490	530	535	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs and estimated earnings in excess of billings ($30,739 and $22,764 related to VIEs)
1,155	1,123	1,159	1,165	1,168	1,142	1,085	1,044	980	932	902	850	840	831	820	811	858	905	883	816	795	726	720	660	698	573	538	504	479	465	411	374	377	358	374	215	139
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	19	26	-	18	17	17	17	7	7	8	8	9	9	9	10	3	2	1	0	18	11	3
Other current assets ($55,458 and $58,128 related to VIEs)
211	197	162	165	124	115	130	141	132	89	70	77	58	66	65	76	91	108	86	103	74	68	69	52	54	50	48	53	74	75	76	101	87	76	93	52	42
Total current assets
3,720	3,510	3,605	3,528	3,301	3,175	3,208	3,144	3,112	3,074	3,119	2,991	2,813	2,837	2,849	2,789	2,732	2,608	2,675	2,637	2,472	2,472	2,562	2,357	2,201	2,085	2,169	2,147	2,072	1,981	1,960	1,902	1,877	1,950	2,108	1,754	1,561
LONG-TERM INVESTMENTS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46	46	46	46	46	46	46	46	46	62	67	88	88
PROPERTY AND EQUIPMENT:
Land
-	-	-	-	-	41	-	-	-	41	-	-	-	41	-	-	-	41	-	-	-	41	-	-	-	41	-	-	-	41	-	-	-	40	-	-	36
Building and improvements
-	-	-	-	-	125	-	-	-	125	-	-	-	124	-	-	-	123	-	-	-	120	-	-	-	118	-	-	-	115	-	-	-	104	-	-	89
Construction equipment
-	-	-	-	-	486	-	-	-	477	-	-	-	444	-	-	-	431	-	-	-	426	-	-	-	370	-	-	-	346	-	-	-	325	-	-	205
Other equipment
-	-	-	-	-	181	-	-	-	182	-	-	-	181	-	-	-	181	-	-	-	159	-	-	-	151	-	-	-	128	-	-	-	124	-	-	112
Total property and equipment, gross
-	-	-	-	-	834	-	-	-	826	-	-	-	791	-	-	-	778	-	-	-	747	-	-	-	681	-	-	-	631	-	-	-	595	-	-	442
Less accumulated depreciation
-	-	-	-	-	343	-	-	-	359	-	-	-	313	-	-	-	254	-	-	-	220	-	-	-	183	-	-	-	146	-	-	-	104	-	-	79
PROPERTY AND EQUIPMENT ("P&E"), net of accumulated depreciation of $401,805 and $388,147 (net P&E of $41,474 and $49,919 related to VIEs)
502	509	509	502	492	490	494	490	473	467	447	456	462	477	492	507	519	523	531	537	523	527	526	529	516	498	493	491	487	485	488	488	490	491	472	424	362
GOODWILL
205	205	205	205	585	585	585	585	585	585	585	585	585	585	585	585	585	585	585	585	585	585	585	585	577	577	571	570	570	570	570	570	893	892	881	691	621
INTANGIBLE ASSETS, NET
149	155	83	84	85	85	86	87	88	89	90	91	92	92	93	94	95	96	97	98	99	100	103	106	110	113	117	120	123	126	130	133	192	197	203	160	132
OTHER ASSETS
108	104	90	92	91	50	49	50	48	47	40	40	44	45	199	218	198	47	80	84	86	87	57	75	73	75	80	81	86	85	40	35	18	18	21	20	13
TOTAL ASSETS
4,686	4,485	4,494	4,413	4,556	4,387	4,425	4,357	4,308	4,264	4,282	4,164	3,998	4,038	4,220	4,195	4,131	3,861	3,970	3,943	3,766	3,773	3,835	3,654	3,525	3,397	3,478	3,457	3,387	3,296	3,235	3,176	3,518	3,613	3,753	3,139	2,779
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Current maturities of long-term debt
184	124	10	14	11	16	20	28	27	30	30	30	27	85	108	120	99	88	85	86	87	81	65	68	122	114	107	108	67	67	63	65	60	59	73	32	21
Accounts payable ($78,304 and $93,848 related to VIEs)
744	682	670	685	597	621	611	625	659	699	949	899	965	994	949	968	1,005	937	985	963	802	798	863	849	791	758	797	760	705	696	750	692	684	785	766	630	653
Retainage payable ($16,333 and $13,967 related to VIEs)
272	252	232	227	221	211	213	236	246	261	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Billings in excess of costs and estimated earnings ($421,236 and $422,847 related to VIEs)
891	844	818	635	579	573	648	574	508	456	403	339	288	331	334	325	285	288	286	263	286	319	327	299	264	267	282	306	295	301	345	362	376	384	381	295	199
Accrued expenses and other current liabilities ($16,008 and $25,402 related to VIEs)
197	206	188	175	173	174	162	134	118	132	124	176	112	107	209	171	160	134	185	166	152	159	145	136	148	158	161	180	176	168	161	190	159	163	204	97	93
Total current liabilities
2,290	2,109	1,920	1,739	1,583	1,597	1,655	1,598	1,559	1,581	1,508	1,445	1,394	1,518	1,601	1,584	1,552	1,448	1,543	1,478	1,328	1,358	1,402	1,354	1,327	1,298	1,348	1,355	1,244	1,234	1,321	1,310	1,281	1,393	1,426	1,054	968
LONG-TERM DEBT, less current maturities, net of unamortized discount and debt issuance costs totaling $20,259 and $23,343
717	710	825	941	886	744	780	794	790	705	855	832	753	673	684	680	725	728	746	806	795	784	880	761	697	619	669	675	737	669	636	625	617	612	758	605	374
DEFERRED INCOME TAXES
37	35	58	56	106	105	106	106	106	108	132	131	130	131	283	296	274	122	149	150	150	150	115	115	114	114	109	109	109	109	59	58	105	97	94	83	79
OTHER LONG-TERM LIABILITIES
198	199	186	186	184	151	148	145	166	163	155	155	159	162	126	140	138	140	114	113	113	114	97	122	118	117	146	135	133	138	116	125	111	109	92	48	44
TOTAL LIABILITIES
3,243	3,055	2,991	2,923	2,761	2,599	2,691	2,645	2,622	2,559	2,651	2,565	2,438	2,485	2,696	2,702	2,691	2,441	2,553	2,549	2,388	2,407	2,494	2,353	2,258	2,149	2,274	2,276	2,225	2,152	-	-	-	2,213	-	-	-
COMMITMENTS AND CONTINGENCIES (Note 11)
-	-	-	-	-	-	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
Stockholders' equity:
Preferred stock - authorized 1,000,000 shares ($1 par value), none issued
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	0	-	-	-
Common stock – authorized 75,000,000 shares ($1 par value), issued and outstanding 50,541,480 and 50,278,816 shares
50	50	50	50	50	50	50	50	49	49	49	49	49	49	49	49	49	49	49	49	49	48	48	48	48	48	48	47	47	47	47	47	47	47	47	47	47
Additional paid-in capital
1,120	1,117	1,113	1,110	1,105	1,102	1,098	1,093	1,087	1,084	1,080	1,075	1,068	1,075	1,072	1,070	1,039	1,035	1,043	1,039	1,033	1,025	1,020	1,016	1,011	1,007	1,008	1,008	1,005	1,002	1,000	998	996	993	991	992	985
Retained earnings
331	313	400	380	701	701	652	631	606	622	541	517	487	473	443	414	393	377	369	349	337	332	304	269	240	224	191	167	152	137	95	53	401	402	378	343	316
Accumulated other comprehensive loss
-43	-42	-42	-42	-44	-45	-44	-44	-43	-42	-43	-44	-45	-45	-41	-41	-41	-42	-44	-43	-42	-41	-33	-32	-33	-33	-44	-43	-43	-43	-43	-42	-41	-43	-36	-35	-36
Total stockholders' equity
1,459	1,440	1,522	1,499	1,812	1,809	1,756	1,730	1,699	1,713	1,627	1,598	1,560	1,553	1,524	1,492	1,440	1,420	1,416	1,394	1,378	1,365	1,340	1,301	1,267	1,247	1,203	1,180	1,161	1,143	1,100	1,056	1,403	1,399	1,381	1,347	1,312
Noncontrolling interests
-16	-9	-18	-9	-17	-21	-23	-17	-14	-8	3	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL EQUITY
1,442	1,430	1,503	1,489	1,795	1,787	1,733	1,712	1,685	1,704	1,630	1,599	-	1,553	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL LIABILITIES AND EQUITY
4,686	4,485	4,494	4,413	4,556	4,387	4,425	4,357	4,308	4,264	4,282	4,164	3,998	4,038	4,220	4,195	4,131	3,861	3,970	3,943	3,766	3,773	3,835	3,654	3,525	3,397	3,478	3,457	3,387	3,296	3,235	3,176	3,518	3,613	3,753	3,139	2,779