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Cleco Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 57,875,000 $ 148,563,000
Restricted cash and cash equivalents 23,549,000 1,674,000
Customer accounts receivable (less allowance for credit losses) 125,863,000 91,869,000
Accounts receivable - affiliate 14,613,000 3,041,000
Other accounts receivable 42,935,000 27,818,000
Taxes receivable 0 564,000
Unbilled revenue 46,040,000 37,663,000
Fuel inventory, at average cost 90,231,000 68,838,000
Materials and supplies, at average cost 151,138,000 133,666,000
Energy risk management assets 49,839,000 43,479,000
Accumulated deferred fuel 57,881,000 56,826,000
Cash surrender value of company-/trust-owned life insurance policies 52,859,000 98,576,000
Prepayments 16,809,000 13,283,000
Regulatory assets 47,173,000 29,261,000
Other current assets 7,062,000 12,839,000
Total current assets 783,867,000 767,960,000
Property, plant, and equipment    
Property, plant, and equipment 5,445,066,000 5,416,722,000
Accumulated depreciation (946,576,000) (700,991,000)
Net property, plant, and equipment 4,498,490,000 4,715,731,000
Construction work in progress 116,550,000 100,163,000
Total property, plant, and equipment, net 4,615,040,000 4,815,894,000
Equity investment in investee 2,072,000 2,072,000
Goodwill 1,490,797,000 1,490,797,000
Prepayments 24,926,000 21,598,000
Operating lease right of use assets 22,673,000 24,014,000
Restricted cash and cash equivalents 110,148,000 745,000
Note receivable 12,908,000 13,744,000
Regulatory assets - deferred taxes, net 8,803,000 0
Regulatory assets 611,917,000 810,820,000
Energy risk management assets 58,895,000 50,962,000
Other deferred charges 41,945,000 44,177,000
Total assets 8,253,749,000 8,125,018,000
Current liabilities    
Short-term debt 109,000,000 0
Long-term debt and finance leases due within one year 340,867,000 93,455,000
Accounts payable 192,213,000 167,886,000
Accounts payable - affiliate 13,092,000 51,297,000
Customer deposits 57,851,000 60,852,000
Provision for rate refund 3,074,000 5,682,000
Taxes payable 17,448,000 6,311,000
Interest accrued 25,540,000 15,203,000
Energy risk management liabilities 8,841,000 834,000
Regulatory liabilities - deferred taxes, net 42,890,000 44,072,000
Deferred compensation 12,162,000 14,420,000
Storm reserves 9,409,000 0
Other current liabilities 40,310,000 53,150,000
Total current liabilities 872,697,000 513,162,000
Long-term liabilities and deferred credits    
Accumulated deferred federal and state income taxes, net 820,300,000 755,764,000
Postretirement benefit obligations 200,580,000 291,606,000
Regulatory liabilities - deferred taxes, net 0 51,472,000
Storm reserves 109,353,000 0
Deferred lease revenue 22,246,000 31,451,000
Intangible liabilities 13,956,000 18,997,000
Asset retirement obligations 73,653,000 69,667,000
Operating lease liabilities 19,819,000 21,128,000
Other deferred credits 34,984,000 27,582,000
Total long-term liabilities and deferred credits 1,294,891,000 1,267,667,000
Long-term debt and finance leases, net 3,139,094,000 3,390,033,000
Total liabilities 5,306,682,000 5,170,862,000
Commitments and contingencies (Note 15)
Member’s equity 2,947,067,000 2,954,156,000
Total liabilities and member’s equity 8,253,749,000 8,125,018,000
Storm recovery property    
Property, plant, and equipment    
Intangible assets 413,123,000 0
Other    
Property, plant, and equipment    
Intangible assets $ 56,635,000 $ 82,235,000