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Cleco Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 103,117 $ 148,563
Restricted cash and cash equivalents 14,902 1,674
Customer accounts receivable (less allowance for credit losses) 160,201 91,869
Accounts receivable - affiliate 13,111 3,041
Other accounts receivable 49,487 27,818
Taxes receivable 0 564
Unbilled revenue 40,560 37,663
Fuel inventory, at average cost 112,662 68,838
Materials and supplies, at average cost 146,625 133,666
Energy risk management assets 80,912 43,479
Accumulated deferred fuel 81,928 56,826
Cash surrender value of company-/trust-owned life insurance policies 74,163 98,576
Prepayments 15,353 13,283
Regulatory assets 46,930 29,261
Other current assets 2,705 12,839
Total current assets 942,656 767,960
Property, plant, and equipment    
Property, plant, and equipment 5,350,425 5,416,722
Accumulated depreciation (891,468) (700,991)
Net property, plant, and equipment 4,458,957 4,715,731
Construction work in progress 119,949 100,163
Total property, plant, and equipment, net 4,578,906 4,815,894
Equity investment in investee 2,072 2,072
Goodwill 1,490,797 1,490,797
Prepayments 31,819 21,598
Operating lease right of use assets 23,336 24,014
Restricted cash and cash equivalents 109,373 745
Note receivable 13,125 13,744
Regulatory assets 676,720 810,820
Energy risk management assets 91,853 50,962
Other deferred charges 44,883 44,177
Total assets 8,484,521 8,125,018
Current liabilities    
Short-term debt 87,000 0
Long-term debt and finance leases due within one year 267,954 93,455
Accounts payable 177,448 167,886
Accounts payable - affiliate 13,092 51,297
Customer deposits 59,101 60,852
Provision for rate refund 13,256 5,682
Taxes payable 51,844 6,311
Interest accrued 44,876 15,203
Energy risk management liabilities 5,521 834
Regulatory liabilities - deferred taxes, net 44,129 44,072
Deferred compensation 11,433 14,420
Other current liabilities 54,409 53,150
Total current liabilities 830,063 513,162
Long-term liabilities and deferred credits    
Accumulated deferred federal and state income taxes, net 823,798 755,764
Postretirement benefit obligations 290,818 291,606
Regulatory liabilities - deferred taxes, net 4,970 51,472
Storm reserves 108,652 0
Deferred lease revenue 24,547 31,451
Intangible liabilities 15,216 18,997
Asset retirement obligations 68,852 69,667
Operating lease liabilities 20,465 21,128
Other deferred credits 31,046 27,582
Total long-term liabilities and deferred credits 1,388,364 1,267,667
Long-term debt and finance leases, net 3,306,016 3,390,033
Total liabilities 5,524,443 5,170,862
Commitments and contingencies (Note 13)
Member’s equity 2,960,078 2,954,156
Total liabilities and member’s equity 8,484,521 8,125,018
Storm recover property    
Property, plant, and equipment    
Intangible assets 415,946 0
Other    
Property, plant, and equipment    
Intangible assets $ 63,035 $ 82,235