Black Hills Corp
NYSE:BKH
Balance Sheet
Balance Sheet Decomposition
Black Hills Corp
Black Hills Corp
Balance Sheet
Black Hills Corp
| Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
75
|
173
|
65
|
32
|
37
|
77
|
169
|
113
|
16
|
22
|
16
|
8
|
21
|
441
|
14
|
15
|
21
|
10
|
6
|
9
|
21
|
87
|
16
|
183
|
|
| Cash Equivalents |
75
|
173
|
65
|
32
|
37
|
77
|
169
|
113
|
16
|
22
|
16
|
8
|
21
|
441
|
14
|
15
|
21
|
10
|
6
|
9
|
21
|
87
|
16
|
183
|
|
| Short-Term Investments |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Receivables |
202
|
203
|
252
|
265
|
263
|
269
|
378
|
277
|
172
|
166
|
164
|
179
|
192
|
79
|
135
|
123
|
157
|
159
|
159
|
197
|
282
|
215
|
219
|
244
|
|
| Accounts Receivables |
168
|
202
|
252
|
265
|
263
|
269
|
357
|
275
|
172
|
157
|
164
|
178
|
190
|
79
|
135
|
123
|
144
|
142
|
140
|
179
|
265
|
196
|
199
|
221
|
|
| Other Receivables |
34
|
1
|
0
|
0
|
0
|
0
|
20
|
2
|
0
|
9
|
0
|
1
|
2
|
0
|
0
|
0
|
13
|
16
|
19
|
18
|
18
|
19
|
20
|
23
|
|
| Inventory |
24
|
45
|
89
|
123
|
93
|
89
|
118
|
123
|
63
|
84
|
78
|
89
|
91
|
87
|
104
|
113
|
117
|
117
|
117
|
151
|
207
|
161
|
154
|
172
|
|
| Other Current Assets |
229
|
64
|
158
|
151
|
82
|
631
|
135
|
112
|
433
|
487
|
148
|
70
|
150
|
200
|
215
|
319
|
209
|
188
|
210
|
451
|
561
|
364
|
353
|
397
|
|
| Total Current Assets |
530
|
484
|
563
|
570
|
475
|
1 065
|
800
|
625
|
684
|
759
|
405
|
345
|
454
|
807
|
467
|
571
|
504
|
473
|
493
|
808
|
1 072
|
827
|
742
|
996
|
|
| PP&E Net |
1 326
|
1 442
|
1 337
|
1 410
|
1 646
|
1 338
|
2 022
|
2 161
|
2 492
|
2 790
|
2 743
|
2 953
|
3 206
|
3 259
|
4 386
|
4 541
|
4 855
|
5 508
|
6 024
|
6 449
|
6 798
|
7 119
|
7 630
|
8 234
|
|
| Intangible Assets |
78
|
40
|
37
|
28
|
24
|
0
|
5
|
4
|
4
|
4
|
4
|
3
|
3
|
3
|
8
|
8
|
14
|
13
|
12
|
11
|
10
|
8
|
8
|
6
|
|
| Goodwill |
24
|
30
|
30
|
30
|
31
|
12
|
359
|
354
|
353
|
353
|
353
|
353
|
353
|
360
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
|
| Long-Term Investments |
19
|
27
|
24
|
28
|
24
|
19
|
23
|
19
|
18
|
17
|
16
|
17
|
17
|
12
|
13
|
13
|
41
|
22
|
0
|
16
|
0
|
0
|
0
|
0
|
|
| Other Long-Term Assets |
23
|
40
|
39
|
56
|
45
|
35
|
171
|
156
|
160
|
204
|
208
|
166
|
213
|
186
|
368
|
227
|
250
|
242
|
260
|
549
|
440
|
367
|
343
|
334
|
|
| Other Assets |
24
|
30
|
30
|
30
|
31
|
12
|
359
|
354
|
353
|
353
|
353
|
353
|
353
|
360
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
1 300
|
|
| Total Assets |
2 000
N/A
|
2 063
+3%
|
2 030
-2%
|
2 120
+4%
|
2 245
+6%
|
2 470
+10%
|
3 380
+37%
|
3 318
-2%
|
3 712
+12%
|
4 127
+11%
|
3 730
-10%
|
3 838
+3%
|
4 246
+11%
|
4 627
+9%
|
6 542
+41%
|
6 659
+2%
|
6 963
+5%
|
7 559
+9%
|
8 089
+7%
|
9 132
+13%
|
9 618
+5%
|
9 620
+0%
|
10 023
+4%
|
10 870
+8%
|
|
| Liabilities | |||||||||||||||||||||||||
| Accounts Payable |
168
|
163
|
196
|
203
|
224
|
239
|
289
|
229
|
147
|
105
|
84
|
130
|
124
|
90
|
152
|
161
|
211
|
194
|
183
|
218
|
310
|
186
|
229
|
312
|
|
| Accrued Liabilities |
51
|
67
|
64
|
73
|
95
|
96
|
135
|
152
|
148
|
151
|
154
|
151
|
170
|
179
|
180
|
175
|
172
|
172
|
191
|
196
|
196
|
217
|
247
|
264
|
|
| Short-Term Debt |
341
|
0
|
24
|
55
|
146
|
37
|
704
|
165
|
249
|
345
|
277
|
83
|
75
|
77
|
97
|
211
|
186
|
350
|
234
|
420
|
536
|
0
|
134
|
0
|
|
| Current Portion of Long-Term Debt |
15
|
18
|
16
|
12
|
17
|
130
|
2
|
35
|
5
|
3
|
104
|
0
|
275
|
0
|
6
|
6
|
6
|
6
|
8
|
0
|
525
|
600
|
0
|
0
|
|
| Other Current Liabilities |
151
|
42
|
34
|
132
|
47
|
136
|
124
|
64
|
245
|
275
|
115
|
14
|
7
|
61
|
93
|
96
|
74
|
91
|
79
|
68
|
100
|
181
|
154
|
165
|
|
| Total Current Liabilities |
727
|
289
|
334
|
474
|
529
|
639
|
1 254
|
645
|
794
|
878
|
735
|
378
|
651
|
406
|
528
|
649
|
648
|
811
|
697
|
902
|
1 667
|
1 185
|
763
|
740
|
|
| Long-Term Debt |
541
|
869
|
734
|
670
|
628
|
503
|
501
|
1 016
|
1 186
|
1 280
|
939
|
1 397
|
1 268
|
1 854
|
3 211
|
3 109
|
2 951
|
3 141
|
3 528
|
4 127
|
3 607
|
3 801
|
4 250
|
4 701
|
|
| Deferred Income Tax |
133
|
125
|
158
|
135
|
174
|
208
|
224
|
262
|
276
|
301
|
386
|
419
|
512
|
451
|
562
|
337
|
311
|
361
|
409
|
465
|
509
|
548
|
625
|
698
|
|
| Minority Interest |
0
|
5
|
5
|
5
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
120
|
111
|
106
|
102
|
101
|
100
|
95
|
91
|
84
|
82
|
|
| Other Liabilities |
65
|
66
|
64
|
98
|
118
|
145
|
351
|
310
|
356
|
458
|
437
|
360
|
461
|
450
|
506
|
744
|
766
|
782
|
793
|
751
|
745
|
780
|
799
|
825
|
|
| Total Liabilities |
1 465
N/A
|
1 354
-8%
|
1 294
-4%
|
1 381
+7%
|
1 455
+5%
|
1 500
+3%
|
2 329
+55%
|
2 233
-4%
|
2 611
+17%
|
2 918
+12%
|
2 497
-14%
|
2 554
+2%
|
2 892
+13%
|
3 161
+9%
|
4 927
+56%
|
4 950
+0%
|
4 782
-3%
|
5 196
+9%
|
5 527
+6%
|
6 345
+15%
|
6 623
+4%
|
6 405
-3%
|
6 521
+2%
|
7 046
+8%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
33
|
41
|
40
|
33
|
33
|
38
|
39
|
39
|
39
|
44
|
44
|
45
|
45
|
51
|
53
|
54
|
60
|
62
|
63
|
65
|
66
|
68
|
72
|
76
|
|
| Retained Earnings |
281
|
305
|
322
|
313
|
348
|
397
|
448
|
474
|
486
|
477
|
493
|
516
|
577
|
473
|
458
|
549
|
700
|
779
|
871
|
963
|
1 064
|
1 158
|
1 249
|
1 343
|
|
| Additional Paid In Capital |
247
|
379
|
384
|
404
|
410
|
561
|
585
|
591
|
599
|
723
|
733
|
742
|
749
|
953
|
1 139
|
1 150
|
1 451
|
1 553
|
1 657
|
1 783
|
1 883
|
2 008
|
2 193
|
2 418
|
|
| Treasury Stock |
4
|
4
|
3
|
2
|
1
|
1
|
1
|
0
|
0
|
1
|
2
|
2
|
2
|
2
|
1
|
2
|
3
|
0
|
2
|
4
|
2
|
4
|
3
|
3
|
|
| Other Equity |
21
|
11
|
8
|
10
|
1
|
25
|
19
|
19
|
24
|
33
|
36
|
17
|
15
|
9
|
35
|
41
|
27
|
31
|
27
|
20
|
16
|
15
|
9
|
10
|
|
| Total Equity |
535
N/A
|
710
+33%
|
736
+4%
|
739
+0%
|
790
+7%
|
970
+23%
|
1 051
+8%
|
1 085
+3%
|
1 100
+1%
|
1 209
+10%
|
1 233
+2%
|
1 284
+4%
|
1 354
+5%
|
1 466
+8%
|
1 615
+10%
|
1 709
+6%
|
2 182
+28%
|
2 362
+8%
|
2 561
+8%
|
2 787
+9%
|
2 995
+7%
|
3 215
+7%
|
3 502
+9%
|
3 824
+9%
|
|
| Total Liabilities & Equity |
2 000
N/A
|
2 063
+3%
|
2 030
-2%
|
2 120
+4%
|
2 245
+6%
|
2 470
+10%
|
3 380
+37%
|
3 318
-2%
|
3 712
+12%
|
4 127
+11%
|
3 730
-10%
|
3 838
+3%
|
4 246
+11%
|
4 627
+9%
|
6 542
+41%
|
6 659
+2%
|
6 963
+5%
|
7 559
+9%
|
8 089
+7%
|
9 132
+13%
|
9 618
+5%
|
9 620
+0%
|
10 023
+4%
|
10 870
+8%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
27
|
32
|
33
|
33
|
33
|
38
|
39
|
39
|
39
|
44
|
44
|
45
|
45
|
51
|
53
|
54
|
60
|
62
|
63
|
65
|
66
|
68
|
72
|
75
|
|