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CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2012
Dec. 31, 2011
Dec. 31, 2010
Utility plant      
Electric plant $ 6,336,530,000 $ 6,067,672,000 $ 5,253,786,000
Gas plant 2,314,874,000 2,238,741,000 2,129,200,000
Common plant 439,872,000 418,236,000 318,615,000
Less: Accumulated depreciation and amortization (828,083,000) (674,782,000) (429,038,000)
Net utility plant 8,263,193,000 8,049,867,000 7,272,563,000
Other property and investments:      
Goodwill 1,656,513,000 1,656,513,000 1,656,513,000
Investment in exchange power contract 17,633,000 19,396,000 22,923,000
Other property and investments 116,203,000 123,352,000 125,918,000
Total other property and investments 1,790,349,000 1,799,261,000 1,805,354,000
Current assets:      
Cash and cash equivalents 16,133,000 37,235,000 36,557,000
Restricted cash 3,544,000 4,183,000 5,470,000
Accounts receivable, net 233,225,000 336,530,000 327,615,000
Unbilled revenue 120,102,000 191,150,000 194,088,000
Purchased gas adjustment receivable   0 5,992,000
Materials and supplies, at average cost 89,790,000 76,068,000 85,413,000
Fuel and gas inventory, at average cost 69,154,000 100,491,000 96,633,000
Unrealized gain on derivative instruments 6,973,000 6,647,000 7,500,000
Income taxes 9,661,000 11,553,000 76,183,000
Prepaid expense and other assets 18,157,000 13,969,000 14,835,000
Power contract acquisition adjustment gain 47,012,000 65,096,000 134,553,000
Deferred income taxes 87,931,000 101,934,000 83,086,000
Total current assets 701,682,000 944,856,000 1,067,925,000
Other long-term and regulatory assets:      
Regulatory asset for deferred income taxes 67,830,000 62,304,000 73,337,000
Power cost adjustment mechanism 0 6,818,000 15,618,000
Regulatory assets related to power contracts 39,227,000 46,202,000 116,116,000
Other regulatory assets 866,036,000 766,825,000 814,603,000
Unrealized gain on derivative instruments 15,981,000 10,084,000 8,233,000
Power contract acquisition adjustment gain 490,354,000 517,740,000 624,667,000
Other 82,334,000 180,753,000 130,920,000
Total other long-term and regulatory assets 1,561,762,000 1,590,726,000 1,783,494,000
Total assets 12,316,986,000 12,384,710,000 11,929,336,000
Common shareholder's equity:      
Common stock 0 0 0
Additional paid-in capital 3,308,957,000 3,308,957,000 3,308,957,000
Earnings reinvested in the business 80,600,000 22,873,000 17,024,000
Accumulated other comprehensive income (loss), net of tax (21,593,000) (30,907,000) (3,069,000)
Total common shareholder's equity 3,367,964,000 3,300,923,000 3,322,912,000
Long-term debt:      
First mortgage bonds and senior notes 3,362,000,000 3,362,000,000 2,792,000,000
Pollution control bonds 161,860,000 161,860,000 161,860,000
Junior subordinated notes 250,000,000 250,000,000 250,000,000
Long-term debt 1,834,000,000 1,793,000,000 1,490,000,000
Debt discount and other (270,227,000) (289,493,000) (311,147,000)
Long-term debt 5,337,633,000 5,277,367,000 4,382,713,000
Total capitalization 8,705,597,000 8,578,290,000 7,705,625,000
Current liabilities:      
Accounts payable 214,847,000 339,361,000 291,148,000
Short-term debt 38,000,000 25,000,000 247,000,000
Current maturities of long-term debt   0 260,000,000
Purchased gas adjustment liability 49,611,000 25,940,000 0
Accrued expenses:      
Taxes 79,892,000 90,727,000 81,505,000
Salaries and wages 29,058,000 40,892,000 34,453,000
Interest 69,480,000 69,329,000 59,182,000
Unrealized loss on derivative instruments 277,246,000 327,089,000 273,100,000
Power contract acquisition adjustment loss 4,050,000 8,547,000 69,915,000
Other 69,381,000 74,409,000 114,409,000
Total current liabilities 831,565,000 1,001,294,000 1,430,712,000
Long-term and regulatory liabilities:      
Deferred income taxes 1,202,949,000 1,153,755,000 1,127,611,000
Unrealized loss on derivative instruments 113,209,000 196,558,000 183,135,000
Power cost adjustment mechanism 19,433,000 0  
Regulatory liabilities 375,748,000 346,225,000 305,936,000
Regulatory liabilities related to power contracts 537,366,000 582,836,000 759,220,000
Power contract acquisition adjustment loss 35,177,000 37,655,000 46,779,000
Other deferred credits 495,942,000 488,097,000 370,318,000
Total long-term and regulatory liabilities 2,779,824,000 2,805,126,000 2,792,999,000
Commitments and contingencies         
Total capitalization and liabilities $ 12,316,986,000 $ 12,384,710,000 $ 11,929,336,000