MDU RESOURCES GROUP INC
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
MDU$19.25+3.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
Index
| December 31, | 2023 | 2022 |
|---|---|---|
| Assets · (In thousands, except shares and per share amounts) | ||
| Current assets: | ||
| Cash, cash equivalents and restricted cash | $76,975 | $70,428 |
| Receivables, net | 942,782 | 1,064,340 |
| Inventories | 87,392 | 64,248 |
| Current regulatory assets | 172,492 | 165,092 |
| Prepayments and other current assets | 84,082 | 55,123 |
| Current assets of discontinued operations | — | 592,517 |
| Total current assets | 1,363,723 | 2,011,748 |
| Noncurrent assets: | ||
| Property, plant and equipment | 7,341,116 | 6,874,629 |
| Less accumulated depreciation and amortization | 2,220,206 | 2,098,298 |
| Net property, plant and equipment | 5,120,910 | 4,776,331 |
| Goodwill | 488,960 | 488,960 |
| Other intangible assets, net | 2,004 | 4,102 |
| Regulatory assets | 447,099 | 329,659 |
| Investments | 124,235 | 128,827 |
| Operating lease right-of-use assets | 74,363 | 73,502 |
| Other | 211,865 | 161,901 |
| Noncurrent assets of discontinued operations | — | 1,685,751 |
| Total noncurrent assets | 6,469,436 | 7,649,033 |
| Total assets | $7,833,159 | $9,660,781 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Short-term borrowings | $95,000 | $38,500 |
| Long-term debt due within one year | 61,319 | 47,819 |
| Accounts payable | 475,215 | 525,560 |
| Taxes payable | 58,110 | 62,308 |
| Dividends payable | 25,461 | 45,245 |
| Accrued compensation | 85,512 | 59,470 |
| Operating lease liabilities due within one year | 22,884 | 21,307 |
| Regulatory liabilities due within one year | 70,761 | 26,440 |
| Other accrued liabilities | 181,471 | 156,031 |
| Current liabilities of discontinued operations | — | 496,923 |
| Total current liabilities | 1,075,733 | 1,479,603 |
| Noncurrent liabilities: | ||
| Long-term debt | 2,236,904 | 2,317,848 |
| Deferred income taxes | 458,548 | 455,499 |
| Asset retirement obligations | 384,371 | 372,870 |
| Regulatory liabilities | 521,050 | 448,454 |
| Operating lease liabilities | 51,645 | 52,871 |
| Other | 199,675 | 180,603 |
| Noncurrent liabilities of discontinued operations | — | 765,904 |
| Total noncurrent liabilities | 3,852,193 | 4,594,049 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Common stockAuthorized - 500,000,000 shares, $1.00 par valueShares issued - 203,689,090 at December 31, 2023 and 204,162,814 at December 31, 2022 | 203,689 | 204,163 |
| Other paid-in capital | 1,466,235 | 1,466,037 |
| Retained earnings | 1,253,693 | 1,951,138 |
| Accumulated other comprehensive loss | (18,384) | (30,583) |
| Treasury stock at cost - 538,921 shares at December 31, 2022 | — | (3,626) |
| Total stockholders' equity | 2,905,233 | 3,587,129 |
| Total liabilities and stockholders' equity | $7,833,159 | $9,660,781 |
MDU Resources Group, Inc. Form 10-K 71
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