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MOLINA HLTHCR   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Service revenue------------407.00521.00539.00253.00
Investment income452.00394.00143.0052.0076.00------38.0018.00
Premium revenue38,627.0032,529.0030,883.0026,855.0018,299.0016,208.0017,612.0018,854.0016,392.0013,241.00
Revenue: Investment income and other revenue----------132.00125.0070.00----
Marketplace risk corridor judgment--------128.00----------
Other revenue85.0080.0075.0077.00------------
Rental income and Other Revenues------------------5.00
Premium tax1,486.001,069.00873.00787.00649.00489.00417.00438.00468.00397.00
Health insurer fee revenue--------271.00--329.00--345.00264.00
Total Revenues40,650.0034,072.0031,974.0027,771.0019,423.0016,829.0018,890.0019,883.0017,782.0014,178.00
Cost of service revenue------------364.00492.00485.00193.00
Medical services--------------------
Hospital and specialty services--------------------
Pharmacy--------------------
Medical care costs34,428.0028,669.0027,175.0023,704.0015,820.0013,905.0015,137.0017,073.0014,774.0011,794.00
Depreciation and amortization186.00171.00176.00131.0088.0089.0099.00137.00139.00104.00
Impairment of goodwill and intangible assets--------------------
Impairment charge on purchased software----208.00--------------
General and administrative expenses2,743.002,462.002,311.002,068.001,480.001,296.001,333.001,594.001,393.001,146.00
Restructuring and separation costs----------6.0046.00234.00----
Loss contract charge--------------------
Gain on Sale of Subsidiary------------(15.00)------
Impairment losses--------------(470.00)----
Gain on purchase of convertible senior notes--------------------
Premium tax expenses(1,486.00)(1,069.00)(873.00)(787.00)(649.00)(489.00)(417.00)(438.00)(468.00)(397.00)
Health insurer fee expenses--------(277.00)--348.00--(217.00)(157.00)
Other(100.00)(128.00)(58.00)(61.00)(31.00)----------
Total Operating Expenses38,943.0032,499.0030,801.0026,751.0018,345.0015,785.0017,744.0020,438.0017,476.0013,791.00
Operating income1,707.001,573.001,173.001,020.001,078.001,044.001,131.00(555.00)306.00387.00
Interest expense118.00109.00110.00120.00102.0087.00115.00118.00101.0066.00
Other, net------(25.00)(15.00)15.00(17.00)61.00--1.00
Total other Income (Expense)118.00109.00110.00145.00117.0072.00132.0057.00101.0065.00
Income (loss) before income taxes1,589.001,464.001,063.00875.00961.00972.00999.00(612.00)205.00322.00
Current-State59.0055.0040.0031.0026.0012.0018.00--3.008.00
Deferred:Federal47.00(28.00)(66.00)(17.00)(13.00)5.00(3.00)--19.00(10.00)
Deferred:State6.00(3.00)--(7.00)(7.00)6.00(3.00)--2.004.00
Provision for income taxes410.00373.00271.00216.00288.00235.00292.00(100.00)153.00179.00
Deferred: Foreign--------1.00------1.00--
Change in valuation allowance--------------------
Current-Federal298.00349.00297.00209.00281.00204.00272.00--134.00172.00
Current: Foreign------------8.00--(6.00)--
Income (loss) from Continuing Operations------------------143.00
Income from Discontinued Operations------------------0.00
Net Income (Loss) Available to Common Shareholders1,179.001,091.00792.00659.00673.00737.00707.00(512.00)52.00143.00
Income (loss) from continuing operations-Basic----------------0.932.75
Income (loss) from discontinued operations-Basic------------------0.00
Net Earnings Per Share (Basic)20.5218.9113.7211.4011.4011.8511.57(9.07)0.932.75
Income (loss) from continuing operations-Diluted----------------0.922.58
Income (loss) from discontinued operations-Diluted------------------0.00
Net Earnings Per Share (Diluted)20.4218.7713.5511.2511.2311.4710.61(9.07)0.922.58
Weighted Average Shares Outstanding (Basic)57.4057.7057.8057.8059.0062.0061.1056.0055.0052.00
Weighted Average Shares Outstanding (Diluted)57.7058.1058.5058.6060.0064.0066.6056.0056.0056.00