Otter Tail Corp (OTTR) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Assets
Current Assets
Cash and Cash Equivalents	1.5	1.2	21.2	0.9	16.2
Receivables, net of allowance for credit losses	175.0	114.0	107.6	75.1	68.5	68.2	63.0	60.2
Inventories	148.5	92.2	97.9	106.3	88.0	83.7	85.4	85.2
Regulatory Assets	27.3	21.9	21.7	17.2	22.6	21.3		25.3
Other Current Assets	17.0	5.6	6.5	8.0	15.8	8.1	8.5	7.2
Total Current Assets	369.4	234.8	254.9	241.4	239.1	208.0	206.7	256.6

Noncurrent Assets
Investments	56.7	51.9	45.4	9.0	8.6	8.4	8.3	8.6
Property, Plant and Equipment, net of accumulated depreciation	2,124.6	2,049.3	1,753.8	1,581.1	1,539.6	1,477.2	1,387.8	1,268.5
Regulatory Assets	125.5	168.4	144.1	135.3	129.6
Intangible Assets, net of accumulated amortization	9.0	10.1	11.3	12.5	13.8	15.0	15.7	11.3
Goodwill	37.6	37.6	37.6	37.6	37.6	37.6	39.7	31.5
Other Noncurrent Assets	32.1	26.3	26.6	35.8	36.0	34.1	32.8	30.1

Total Noncurrent Assets
Total Assets	2,754.8	2,578.4	2,273.6	2,052.5	2,004.3	1,912.4	1,818.7	1,740.7

Liabilities and Shareholders' Equity
Current Liabilities
Short-Term Debt	91.2	81.0	6.0	79.2	112.4	42.9	80.7	10.9
Current Maturities of Long-Term Debt	30.0	140.1	0.2	0.2	0.2	33.2	52.4	0.2
Accounts Payable	135.1	120.6	120.8	96.3	84.7	89.4	89.5	107.0
Accrued Salaries and Wages	31.7	27.5	22.7	24.9	21.5	17.5	16.2	19.3
Accrued Taxes	19.2	18.8	17.5	17.3	16.8	16.0
Regulatory Liabilities	24.8	16.7	7.5	0.7	9.7
Other Current Liabilities	55.7	32.1	15.0	12.1	11.4	12.1	15.4	8.8
Total Current Liabilities	387.7	436.8	189.7	170.1	256.7	215.7	271.1	200.6

Noncurrent Liabilities
Pension Benefit Liability	74.0	114.1	99.0	98.4	109.7	97.6	104.9	102.7
Other Postretirement Benefits Liability	66.5	67.4	71.4	71.6	69.8	62.6	48.7	53.6
Regulatory Liabilities	234.4	234.0	239.9	226.5	232.9
Deferred Income Taxes	188.3	153.4	131.9	121.0	100.5	226.6	207.7	181.3
Deferred Tax Credits	16.7	17.4	18.6	20.0	21.4
Other Noncurrent Liabilities	62.5	60.0	51.9	24.3	22.8	21.7	23.9	26.8
Total Noncurrent Liabilities	1,791.8	1,689.2	1,669.3

Commitments and Contingencies (Note 9)
Capitalization
Long-Term Debt, net of current maturities	734.0	624.4	689.6	590.0	490.4	505.3	443.8	498.5

Shareholders' Equity
Common Shares: 50	207.8	207.3	200.8	198.3	197.8	196.7	189.3	186.1
Additional Paid-In Capital	419.8	414.2	364.8	344.3	343.5	337.7	293.6	278.4
Retained Earnings	369.8	257.9	222.3	190.4	161.3	139.5	126.0	112.9
Accumulated Other Comprehensive Loss	-6.5	-8.5	-6.4	-4.1	-5.6	-3.8	-3.9	-4.7
Total Shareholders' Equity	990.8	871.0	781.5	728.9	696.9	670.1	605.0	572.8
Total Capitalization	1,724.8	1,495.4	1,471.1	1,318.9	1,187.3
Total Liabilities and Shareholders' Equity	2,754.8	2,578.4	2,273.6	2,052.5	2,004.3	1,912.4	1,818.7	1,740.7