|
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Property plant and equipment |
|
|
| Utility plant—at original cost, net of accumulated depreciation of $3,894,326 in 2013 and $3,657,221 in 2012 |
$ 12,244,359 |
$ 11,584,944 |
| Nonutility property, net of accumulated depreciation of $228,465 in 2013 and $199,467 in 2012 |
146,803 |
154,420 |
| Total property, plant and equipment |
12,391,162 |
11,739,364 |
| Current assets |
|
|
| Cash and cash equivalents |
26,964 |
24,433 |
| Restricted funds |
28,505 |
29,756 |
| Accounts receivable |
244,568 |
221,655 |
| Allowance for uncollectible accounts |
(33,953) |
(26,874) |
| Unbilled revenues |
217,147 |
180,628 |
| Income taxes receivable |
5,778 |
9,594 |
| Materials and supplies |
32,973 |
29,772 |
| Other |
28,408 |
30,483 |
| Total current assets |
550,390 |
499,447 |
| Regulatory and other long-term assets |
|
|
| Regulatory assets |
858,465 |
1,199,114 |
| Restricted funds |
754 |
10,791 |
| Goodwill |
1,207,764 |
1,207,250 |
| Other |
60,998 |
63,010 |
| Total regulatory and other long-term assets |
2,127,981 |
2,480,165 |
| TOTAL ASSETS |
15,069,533 |
14,718,976 |
| Capitalization |
|
|
| Common stock ($0.01 par value, 500,000 shares authorized, 178,379 shares outstanding in 2013 and 176,988 in 2012) |
1,784 |
1,770 |
| Paid-in-capital |
6,261,396 |
6,222,644 |
| Accumulated deficit |
(1,495,698) |
(1,664,955) |
| Accumulated other comprehensive income |
(34,635) |
(116,191) |
| Treasury stock |
(5,043) |
0 |
| Common stockholders' equity |
4,727,804 |
4,443,268 |
| Preferred stock without mandatory redemption requirements |
0 |
1,720 |
| Total stockholders' equity |
4,727,804 |
4,444,988 |
| Long-term debt |
|
|
| Long-term debt |
5,212,881 |
5,190,509 |
| Redeemable preferred stock at redemption value |
17,177 |
18,861 |
| Total capitalization |
9,957,862 |
9,654,358 |
| Current liabilities |
|
|
| Short-term debt |
630,307 |
269,985 |
| Current portion of long-term debt |
14,174 |
115,919 |
| Accounts payable |
264,589 |
279,613 |
| Taxes accrued |
32,400 |
35,555 |
| Interest accrued |
52,087 |
53,810 |
| Other |
241,976 |
239,950 |
| Total current liabilities |
1,235,533 |
994,832 |
| Regulatory and other long-term liabilities |
|
|
| Advances for construction |
375,729 |
379,737 |
| Deferred income taxes |
1,822,088 |
1,545,513 |
| Deferred investment tax credits |
26,408 |
27,909 |
| Regulatory liabilities |
373,319 |
364,181 |
| Accrued pension expense |
108,542 |
461,647 |
| Accrued postretirement benefit expense |
88,419 |
254,147 |
| Other |
38,929 |
40,516 |
| Total regulatory and other long-term liabilities |
2,833,434 |
3,073,650 |
| Contributions in aid of construction |
1,042,704 |
996,136 |
| Commitments and contingencies (See Note 15) |
|
|
| TOTAL CAPITALIZATION AND LIABILITIES |
$ 15,069,533 |
$ 14,718,976 |