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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
Utility Plant [Abstract]    
Electric plant $ 6,750,400,000 $ 6,090,851,000
Gas plant 2,385,784,000 2,238,741,000
Common plant 487,931,000 418,236,000
Less: Accumulated depreciation and amortization (1,067,424,000) (674,783,000)
Net utility plant 8,556,691,000 8,073,045,000
Other property and investments:    
Goodwill 1,656,513,000 1,656,513,000
Other property and investments 112,367,000 123,352,000
Total other property and investments 1,768,880,000 1,779,865,000
Current assets:    
Cash and cash equivalents 135,542,000 37,235,000
Restricted cash 3,700,000 4,183,000
Accounts receivable, net of allowance for doubtful accounts 287,784,000 336,530,000
Unbilled revenue 204,359,000 191,150,000
Materials and supplies, at average cost 82,353,000 76,068,000
Fuel and gas inventory, at average cost 88,953,000 100,491,000
Unrealized gain on derivative instruments 6,869,000 6,647,000
Income taxes 4,796,000 10,970,000
Prepaid expense and other 13,571,000 13,969,000
Power contract acquisition adjustment gain 50,785,000 65,096,000
Deferred income taxes 53,437,000 101,934,000
Total current assets 932,149,000 944,273,000
Other long-term and regulatory assets:    
Regulatory asset for deferred income taxes 119,844,000 62,305,000
Power cost adjustment mechanism 3,773,000 6,818,000
Regulatory assets related to power contracts 37,655,000 46,202,000
Other regulatory assets 815,785,000 783,580,000
Unrealized gain on derivative instruments 14,814,000 10,084,000
Power contract acquisition adjustment gain 456,225,000 517,740,000
Other 95,763,000 183,394,000
Total other long-term and regulatory assets 1,543,859,000 1,610,123,000
Total assets 12,801,579,000 12,407,306,000
Common shareholder’s equity:    
Common stock 0 0
Additional paid-in capital 3,308,957,000 3,308,957,000
Earnings reinvested in the business 208,100,000 22,873,000
Accumulated other comprehensive income (loss), net of tax (32,829,000) (30,907,000)
Total common shareholder’s equity 3,484,228,000 3,300,923,000
Long-term debt:    
First mortgage bonds and senior notes 3,351,412,000 3,362,000,000
Pollution control bonds 161,860,000 161,860,000
Junior subordinated notes 250,000,000 250,000,000
Long-term debt 1,834,000,000 1,793,000,000
Debt discount and other (264,072,000) (289,493,000)
Total long-term debt 5,333,200,000 5,277,367,000
Total capitalization 8,817,428,000 8,578,290,000
Current liabilities:    
Accounts payable 288,059,000 339,361,000
Short-term debt 181,000,000 25,000,000
Current maturities of long-term debt 13,000,000 0
Purchased gas adjustment liability 32,587,000 25,940,000
Accrued expenses:    
Taxes 95,623,000 90,727,000
Salaries and wages 38,438,000 40,892,000
Interest 82,262,000 69,329,000
Unrealized loss on derivative instruments 177,519,000 327,089,000
Power contract acquisition adjustment loss 3,902,000 8,547,000
Other 72,799,000 74,409,000
Total current liabilities 985,189,000 1,001,294,000
Long-term and regulatory liabilities:    
Deferred income taxes 1,261,636,000 1,153,172,000
Unrealized loss on derivative instruments 83,276,000 196,558,000
Regulatory liabilities 600,697,000 369,403,000
Regulatory liabilities related to power contracts 507,009,000 582,836,000
Power contract acquisition adjustment loss 33,753,000 37,655,000
Other deferred credits 512,591,000 488,098,000
Total long-term and regulatory liabilities 2,998,962,000 2,827,722,000
Commitments and contingencies (Note 16)      
Total capitalization and liabilities 12,801,579,000 12,407,306,000
PUGET SOUND ENERGY, INC.
   
Utility Plant [Abstract]    
Electric plant 9,048,356,000 8,413,846,000
Gas plant 2,998,188,000 2,855,794,000
Common plant 555,549,000 518,318,000
Less: Accumulated depreciation and amortization (4,045,402,000) (3,714,913,000)
Net utility plant 8,556,691,000 8,073,045,000
Other property and investments:    
Other property and investments 103,646,000 113,528,000
Total other property and investments 103,646,000 113,528,000
Current assets:    
Cash and cash equivalents 135,530,000 31,010,000
Restricted cash 3,700,000 4,183,000
Accounts receivable, net of allowance for doubtful accounts 287,989,000 336,483,000
Unbilled revenue 204,359,000 191,150,000
Materials and supplies, at average cost 82,353,000 76,069,000
Fuel and gas inventory, at average cost 85,547,000 97,074,000
Unrealized gain on derivative instruments 6,869,000 6,647,000
Income taxes 4,796,000 10,970,000
Prepaid expense and other 13,414,000 13,807,000
Deferred income taxes 68,015,000 112,204,000
Total current assets 892,572,000 879,597,000
Other long-term and regulatory assets:    
Regulatory asset for deferred income taxes 119,279,000 61,344,000
Power cost adjustment mechanism 3,773,000 6,818,000
Other regulatory assets 813,171,000 777,341,000
Unrealized gain on derivative instruments 14,814,000 10,084,000
Other 90,330,000 186,386,000
Total other long-term and regulatory assets 1,041,367,000 1,041,973,000
Total assets 10,594,276,000 10,108,143,000
Common shareholder’s equity:    
Common stock 859,000 859,000
Additional paid-in capital 3,246,205,000 3,246,205,000
Earnings reinvested in the business 344,280,000 163,735,000
Accumulated other comprehensive income (loss), net of tax (187,198,000) (188,579,000)
Total common shareholder’s equity 3,404,146,000 3,222,220,000
Long-term debt:    
First mortgage bonds and senior notes 3,351,412,000 3,362,000,000
Pollution control bonds 161,860,000 161,860,000
Junior subordinated notes 250,000,000 250,000,000
Debt discount and other (14,000) (15,000)
Total long-term debt 3,763,258,000 3,773,845,000
Total capitalization 7,167,404,000 6,996,065,000
Current liabilities:    
Accounts payable 288,257,000 339,568,000
Short-term debt 181,000,000 25,000,000
Short-term note owed to parent 29,598,000 29,998,000
Current maturities of long-term debt 13,000,000 0
Purchased gas adjustment liability 32,587,000 25,940,000
Accrued expenses:    
Taxes 95,623,000 90,727,000
Salaries and wages 38,438,000 40,892,000
Interest 55,806,000 55,843,000
Unrealized loss on derivative instruments 170,948,000 301,879,000
Other 69,882,000 68,346,000
Total current liabilities 975,139,000 978,193,000
Long-term and regulatory liabilities:    
Deferred income taxes 1,274,602,000 1,115,056,000
Unrealized loss on derivative instruments 68,323,000 169,359,000
Regulatory liabilities 596,324,000 364,085,000
Other deferred credits 512,484,000 485,385,000
Total long-term and regulatory liabilities 2,451,733,000 2,133,885,000
Commitments and contingencies (Note 16)      
Total capitalization and liabilities $ 10,594,276,000 $ 10,108,143,000