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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Utility Plant [Abstract]    
Electric plant $ 8,515,482 $ 8,135,847
Natural gas plant 3,598,732 3,307,545
Common plant 1,027,023 811,815
Less: Accumulated depreciation and amortization (2,832,321) (2,428,524)
Net utility plant 10,308,916 9,826,683
Other property and investments:    
Goodwill 1,656,513 1,656,513
Other property and investments 244,444 182,355
Total other property and investments 1,900,957 1,838,868
Current assets:    
Cash and cash equivalents 37,521 26,616
Restricted cash 18,041 10,145
Accounts receivable, net of allowance for doubtful accounts 338,782 341,110
Unbilled revenue 205,285 222,186
Purchased gas adjustment receivable 9,921 0
Materials and supplies, at average cost 116,180 107,003
Fuel and natural gas inventory, at average cost 53,351 49,908
Unrealized gain on derivative instruments 46,507 22,247
Prepaid expense and other 25,674 21,996
Power contract acquisition adjustment gain 6,114 12,207
Total current assets 857,376 813,418
Other long-term and regulatory assets:    
Power cost adjustment mechanism 4,735 4,576
Regulatory assets related to power contracts 16,693 19,454
Other regulatory assets 773,552 948,532
Unrealized gain on derivative instruments 2,512 2,158
Power contract acquisition adjustment gain 156,597 162,711
Other 77,523 74,389
Total other long-term and regulatory assets 1,031,612 1,211,820
Total assets 14,098,861 13,690,789
Common shareholder’s equity:    
Common stock 0 0
Additional paid-in capital 3,308,957 3,308,957
Retained earnings 629,003 465,355
Accumulated other comprehensive income (loss), net of tax (77,202) (24,282)
Total common shareholder’s equity 3,860,758 3,750,030
Long-term debt:    
First mortgage bonds and senior notes 3,764,412 3,164,412
Pollution control bonds 161,860 161,860
Junior subordinated notes 0 250,000
Long-term debt 1,961,900 1,902,600
Debt discount, issuance costs and other (215,681) (220,943)
Total long-term debt 5,672,491 5,257,929
Total capitalization 9,533,249 9,007,959
Current liabilities:    
Accounts payable 480,069 359,586
Short-term debt 379,297 329,463
Current maturities of long-term debt 0 200,000
Purchased gas adjustment payable 0 16,051
Accrued expenses:    
Taxes 118,112 117,948
Salaries and wages 50,785 53,220
Interest 70,099 73,564
Unrealized loss on derivative instruments 46,661 64,859
Power Contract Acquisition Adjustment Loss Current 2,547 2,762
Other 79,312 80,206
Total current liabilities 1,226,882 1,297,659
Other Long-term and regulatory liabilities:    
Deferred income taxes 789,297 746,868
Unrealized loss on derivative instruments 11,095 21,235
Regulatory liabilities 747,203 731,587
Deferred Tax Liabilities, Regulatory Assets and Liabilities 975,974 1,011,626
Regulatory Liabilities Related To Power Contracts 162,711 174,918
Power Contract Acquisition Adjustment Loss Non Current 14,146 16,693
Other deferred credits 638,304 682,244
Total other long-term and regulatory liabilities 3,338,730 3,385,171
Commitments and contingencies (Note 16)
Total capitalization and liabilities 14,098,861 13,690,789
Subsidiaries [Member]    
Utility Plant [Abstract]    
Electric plant 10,587,231 10,232,771
Natural gas plant 4,164,489 3,882,733
Common plant 1,052,544 843,145
Less: Accumulated depreciation and amortization (5,495,348) (5,131,966)
Net utility plant 10,308,916 9,826,683
Other property and investments:    
Other property and investments 76,986 76,350
Total other property and investments 76,986 76,350
Current assets:    
Cash and cash equivalents 35,452 25,864
Restricted cash 18,041 10,145
Accounts receivable, net of allowance for doubtful accounts 346,251 343,546
Unbilled revenue 205,285 222,186
Purchased gas adjustment receivable 9,921 0
Materials and supplies, at average cost 116,180 107,003
Fuel and natural gas inventory, at average cost 52,028 48,585
Unrealized gain on derivative instruments 46,507 22,247
Prepaid expense and other 25,674 21,996
Total current assets 855,339 801,572
Other long-term and regulatory assets:    
Power cost adjustment mechanism 4,735 4,576
Other regulatory assets 773,552 948,540
Unrealized gain on derivative instruments 2,512 2,158
Other 75,483 71,827
Total other long-term and regulatory assets 856,282 1,027,101
Total assets 12,097,523 11,731,706
Common shareholder’s equity:    
Common stock 859 859
Additional paid-in capital 3,275,105 3,275,105
Retained earnings 622,844 452,066
Accumulated other comprehensive income (loss), net of tax (190,884) (126,906)
Total common shareholder’s equity 3,707,924 3,601,124
Long-term debt:    
First mortgage bonds and senior notes 3,764,417 3,164,412
Pollution control bonds 161,860 161,860
Junior subordinated notes 0 250,000
Debt discount, issuance costs and other (31,417) (26,361)
Total long-term debt 3,894,860 3,549,911
Total capitalization 7,602,784 7,151,035
Current liabilities:    
Accounts payable 480,195 359,585
Short-term debt 379,297 329,463
Current maturities of long-term debt 0 200,000
Purchased gas adjustment payable 0 16,051
Accrued expenses:    
Taxes 117,993 117,063
Salaries and wages 50,785 53,220
Interest 43,951 47,837
Unrealized loss on derivative instruments 46,661 64,859
Other 79,312 80,206
Total current liabilities 1,198,194 1,268,284
Other Long-term and regulatory liabilities:    
Deferred income taxes 926,403 869,473
Unrealized loss on derivative instruments 11,095 21,235
Regulatory liabilities 745,880 730,273
Deferred Tax Liabilities, Regulatory Assets and Liabilities 976,582 1,012,260
Other deferred credits 636,585 679,146
Total other long-term and regulatory liabilities 3,296,545 3,312,387
Commitments and contingencies (Note 16)
Total capitalization and liabilities $ 12,097,523 $ 11,731,706