XML 22 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 148,563,000 $ 84,976,000
Restricted cash and cash equivalents 1,674,000 4,545,000
Customer accounts receivable (less allowance for doubtful accounts) 91,869,000 82,511,000
Accounts receivable - affiliate 3,041,000 1,663,000
Other accounts receivable 27,818,000 32,076,000
Taxes receivable 564,000 0
Unbilled revenue 37,663,000 40,127,000
Fuel inventory, at average cost 68,838,000 109,494,000
Materials and supplies, at average cost 133,666,000 132,449,000
Energy risk management assets 43,479,000 13,081,000
Accumulated deferred fuel 56,826,000 28,194,000
Cash surrender value of company-/trust-owned life insurance policies 98,576,000 89,138,000
Prepayments 13,283,000 14,549,000
Regulatory assets 29,261,000 21,041,000
Other current assets 12,839,000 11,048,000
Total current assets 767,960,000 664,892,000
Property, plant, and equipment    
Property, plant, and equipment 5,416,722,000 5,337,190,000
Accumulated depreciation (700,991,000) (672,271,000)
Net property, plant, and equipment 4,715,731,000 4,664,919,000
Construction work in progress 100,163,000 124,622,000
Total property, plant, and equipment, net 4,815,894,000 4,789,541,000
Equity investment in investee 2,072,000 9,072,000
Goodwill 1,490,797,000 1,490,797,000
Prepayments 21,598,000 23,405,000
Operating lease right of use assets 24,014,000 26,172,000
Restricted cash and cash equivalents 745,000 744,000
Note receivable 13,744,000 14,506,000
Regulatory assets 810,820,000 554,609,000
Intangible assets 82,235,000 111,731,000
Energy risk management assets 50,962,000 323,000
Other deferred charges 44,177,000 39,777,000
Total assets 8,125,018,000 7,725,569,000
Current liabilities    
Short-term debt 0 75,000,000
Long-term debt and finance leases due within one year 93,455,000 66,682,000
Accounts payable 167,886,000 161,357,000
Accounts payable - affiliate 51,297,000 41,283,000
Customer deposits 60,852,000 58,718,000
Provision for rate refund 5,682,000 9,444,000
Taxes payable 6,311,000 7,530,000
Interest accrued 15,203,000 15,583,000
Energy risk management liabilities 834,000 2,453,000
Regulatory liabilities 44,072,000 23,509,000
Deferred compensation 14,420,000 13,240,000
Other current liabilities 53,150,000 49,813,000
Total current liabilities 513,162,000 524,612,000
Long-term liabilities and deferred credits    
Accumulated deferred federal and state income taxes, net 755,764,000 661,376,000
Postretirement benefit obligations 291,606,000 314,653,000
Regulatory liabilities - deferred taxes, net 51,472,000 157,056,000
Deferred lease revenue 31,451,000 40,657,000
Intangible liabilities 18,997,000 24,859,000
Asset retirement obligations 69,667,000 27,986,000
Operating lease liabilities 21,128,000 23,333,000
Other deferred credits 27,582,000 28,627,000
Total long-term liabilities and deferred credits 1,267,667,000 1,278,547,000
Long-term debt and finance leases, net 3,390,033,000 3,165,387,000
Total liabilities 5,170,862,000 4,968,546,000
Commitments and contingencies (Note 15)
Member’s equity    
Member’s equity 2,954,156,000 2,757,023,000
Total liabilities and member’s equity 8,125,018,000 7,725,569,000
CLECO POWER    
Current assets    
Cash and cash equivalents 85,667,000 24,846,000
Restricted cash and cash equivalents 1,674,000 4,545,000
Customer accounts receivable (less allowance for doubtful accounts) 48,551,000 43,852,000
Accounts receivable - affiliate 13,612,000 14,605,000
Other accounts receivable 21,931,000 27,535,000
Unbilled revenue 37,663,000 40,127,000
Fuel inventory, at average cost 46,121,000 63,234,000
Materials and supplies, at average cost 101,502,000 105,340,000
Energy risk management assets 5,515,000 4,337,000
Accumulated deferred fuel 56,826,000 28,194,000
Cash surrender value of company-/trust-owned life insurance policies 16,260,000 16,184,000
Prepayments 7,784,000 7,163,000
Regulatory assets 21,526,000 13,305,000
Other current assets 782,000 830,000
Total current assets 465,414,000 394,097,000
Property, plant, and equipment    
Property, plant, and equipment 5,745,489,000 5,824,378,000
Accumulated depreciation (1,919,766,000) (2,067,362,000)
Net property, plant, and equipment 3,825,723,000 3,757,016,000
Construction work in progress 94,573,000 110,613,000
Total property, plant, and equipment, net 3,920,296,000 3,867,629,000
Equity investment in investee 2,072,000 9,072,000
Prepayments 1,243,000 1,496,000
Operating lease right of use assets 23,970,000 26,006,000
Note receivable 13,744,000 14,506,000
Regulatory assets 680,813,000 414,535,000
Other deferred charges 21,949,000 38,806,000
Total assets 5,129,501,000 4,766,147,000
Current liabilities    
Short-term debt 0 75,000,000
Long-term debt and finance leases due within one year 25,755,000 682,000
Accounts payable 114,493,000 106,089,000
Accounts payable - affiliate 69,729,000 72,068,000
Customer deposits 60,852,000 58,718,000
Provision for rate refund 5,682,000 8,630,000
Taxes payable 5,494,000 4,778,000
Interest accrued 5,080,000 5,357,000
Energy risk management liabilities 597,000 1,121,000
Regulatory liabilities 44,072,000 23,509,000
Other current liabilities 23,467,000 24,754,000
Total current liabilities 355,221,000 380,706,000
Long-term liabilities and deferred credits    
Accumulated deferred federal and state income taxes, net 707,479,000 634,598,000
Postretirement benefit obligations 205,214,000 230,825,000
Regulatory liabilities - deferred taxes, net 51,472,000 157,056,000
Asset retirement obligations 19,456,000 11,364,000
Operating lease liabilities 21,100,000 23,295,000
Other deferred credits 20,168,000 18,167,000
Total long-term liabilities and deferred credits 1,024,889,000 1,075,305,000
Long-term debt and finance leases, net 1,800,854,000 1,502,257,000
Commitments and contingencies (Note 15)
Member’s equity    
Member’s equity 1,948,537,000 1,807,879,000
Total capitalization 3,749,391,000 3,310,136,000
Total liabilities and member’s equity $ 5,129,501,000 $ 4,766,147,000