|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| Property plant and equipment |
|
|
| Utility plant—at original cost, net of accumulated depreciation of $4,062,270 at March 31 and $3,991,680 at December 31 |
$ 12,985,631 |
$ 12,899,704 |
| Nonutility property, net of accumulated depreciation of $239,246 at March 31 and $248,341 at December 31 |
112,936 |
129,592 |
| Total property, plant and equipment |
13,098,567 |
13,029,296 |
| Current assets |
|
|
| Cash and cash equivalents |
24,294 |
23,080 |
| Restricted funds |
21,027 |
13,859 |
| Accounts receivable |
267,204 |
267,053 |
| Allowance for uncollectible accounts |
(35,485) |
(34,941) |
| Unbilled revenues |
222,111 |
220,538 |
| Income taxes receivable |
8,014 |
2,575 |
| Materials and supplies |
38,622 |
37,190 |
| Deferred income taxes |
119,839 |
86,601 |
| Other |
63,393 |
45,414 |
| Total current assets |
729,019 |
661,369 |
| Regulatory and other long-term assets |
|
|
| Regulatory assets |
1,151,849 |
1,153,429 |
| Restricted funds |
8,796 |
8,958 |
| Goodwill |
1,208,043 |
1,208,043 |
| Other |
67,257 |
69,861 |
| Total regulatory and other long-term assets |
2,435,945 |
2,440,291 |
| TOTAL ASSETS |
16,263,531 |
16,130,956 |
| Capitalization |
|
|
| Common stock ($0.01 par value, 500,000 shares authorized, 179,921 shares outstanding at March 31 and 179,462 at December 31) |
1,799 |
1,795 |
| Paid-in-capital |
6,313,242 |
6,301,729 |
| Accumulated deficit |
(1,224,008) |
(1,295,549) |
| Accumulated other comprehensive loss |
(81,503) |
(81,868) |
| Treasury stock |
(16,592) |
(10,516) |
| Total common stockholders' equity |
4,992,938 |
4,915,591 |
| Long-term debt |
5,428,901 |
5,432,744 |
| Redeemable preferred stock at redemption value |
14,296 |
15,501 |
| Total capitalization |
10,436,135 |
10,363,836 |
| Current liabilities |
|
|
| Short-term debt |
544,531 |
449,959 |
| Current portion of long-term debt |
61,149 |
61,132 |
| Accounts payable |
203,409 |
285,800 |
| Taxes accrued |
55,714 |
24,505 |
| Interest accrued |
94,934 |
56,523 |
| Other |
267,811 |
363,079 |
| Total current liabilities |
1,227,548 |
1,240,998 |
| Regulatory and other long-term liabilities |
|
|
| Advances for construction |
362,722 |
367,693 |
| Deferred income taxes |
2,199,681 |
2,120,739 |
| Deferred investment tax credits |
24,676 |
25,014 |
| Regulatory liabilities |
386,317 |
391,782 |
| Accrued pension expense |
317,444 |
316,368 |
| Accrued postretirement benefit expense |
191,689 |
192,502 |
| Other |
36,059 |
37,152 |
| Total regulatory and other long-term liabilities |
3,518,588 |
3,451,250 |
| Contributions in aid of construction |
1,081,260 |
1,074,872 |
| Commitments and contingencies (See Note 9) |
|
|
| TOTAL CAPITALIZATION AND LIABILITIES |
$ 16,263,531 |
$ 16,130,956 |