|
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
|
Jun. 30, 2014
|
Dec. 31, 2013
|
| Property plant and equipment |
|
|
| Utility plant—at original cost, net of accumulated depreciation of $3,965,888 at June 30 and $3,894,326 at December 31 |
$ 12,445,097 |
$ 12,244,359 |
| Nonutility property, net of accumulated depreciation of $243,330 at June 30 and $228,465 at December 31 |
137,414 |
146,803 |
| Total property, plant and equipment |
12,582,511 |
12,391,162 |
| Current assets |
|
|
| Cash and cash equivalents |
32,133 |
26,964 |
| Restricted funds |
21,537 |
28,505 |
| Accounts receivable |
277,780 |
244,568 |
| Allowance for uncollectible accounts |
(37,868) |
(33,953) |
| Unbilled revenues |
224,581 |
217,147 |
| Income taxes receivable |
6,290 |
5,778 |
| Materials and supplies |
36,845 |
32,973 |
| Deferred income taxes |
119,144 |
18,609 |
| Other |
27,193 |
28,408 |
| Total current assets |
707,635 |
568,999 |
| Regulatory and other long-term assets |
|
|
| Regulatory assets |
848,352 |
858,465 |
| Restricted funds |
19,647 |
754 |
| Goodwill |
1,208,065 |
1,207,764 |
| Other |
60,237 |
60,998 |
| Total regulatory and other long-term assets |
2,136,301 |
2,127,981 |
| TOTAL ASSETS |
15,426,447 |
15,088,142 |
| Capitalization |
|
|
| Common stock ($0.01 par value, 500,000 shares authorized, 179,141 shares outstanding at June 30 and 178,379 at December 31) |
1,791 |
1,784 |
| Paid-in-capital |
6,290,402 |
6,261,396 |
| Accumulated deficit |
(1,374,174) |
(1,495,698) |
| Accumulated other comprehensive loss |
(34,671) |
(34,635) |
| Treasury stock |
(10,222) |
(5,043) |
| Total common stockholders' equity |
4,873,126 |
4,727,804 |
| Long-term debt |
|
|
| Long-term debt |
5,217,544 |
5,212,881 |
| Redeemable preferred stock at redemption value |
15,964 |
17,177 |
| Total capitalization |
10,106,634 |
9,957,862 |
| Current liabilities |
|
|
| Short-term debt |
702,438 |
630,307 |
| Current portion of long-term debt |
15,030 |
14,174 |
| Accounts payable |
192,441 |
264,589 |
| Taxes accrued |
37,579 |
32,400 |
| Interest accrued |
55,545 |
52,087 |
| Other |
231,878 |
241,976 |
| Total current liabilities |
1,234,911 |
1,235,533 |
| Regulatory and other long-term liabilities |
|
|
| Advances for construction |
370,123 |
375,729 |
| Deferred income taxes |
2,027,483 |
1,840,697 |
| Deferred investment tax credits |
25,711 |
26,408 |
| Regulatory liabilities |
382,511 |
373,319 |
| Accrued pension expense |
98,672 |
108,542 |
| Accrued postretirement benefit expense |
88,362 |
88,419 |
| Other |
37,712 |
38,929 |
| Total regulatory and other long-term liabilities |
3,030,574 |
2,852,043 |
| Contributions in aid of construction |
1,054,328 |
1,042,704 |
| Commitments and contingencies (See Note 10) |
|
|
| TOTAL CAPITALIZATION AND LIABILITIES |
$ 15,426,447 |
$ 15,088,142 |