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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 3,793 $ 9,704
Accounts receivable    
Allowance for doubtful accounts (5,296) (6,549)
Accounts receivable, net of allowance for doubtful accounts of $5,296 at June 30, 2013, and $6,549 at December 31, 2012 226,255 277,900
Inventories    
Storage gas inventory 21,231 32,205
Materials and supplies 19,835 28,291
Liquified natural gas in storage 3,092 3,498
Regulatory asset 10,915 45,515
Income tax receivable 996 6,664
Assets held for sale 130,743 0
Deferred income taxes 21,701 8,520
Prepayments and other 8,338 12,823
Total current assets 446,899 425,120
Property, Plant and Equipment    
Oil and gas properties, successful efforts method 6,757,512 6,439,127
Less accumulated depreciation, depletion and amortization 1,805,307 1,765,241
Oil and gas properties, net 4,952,205 4,673,886
Utility plant 1,454,659 1,416,590
Less accumulated depreciation 588,459 573,947
Utility plant, net 866,200 842,643
Other property, net 31,535 25,107
Total property, plant and equipment, net 5,849,940 5,541,636
Other Assets    
Regulatory asset 107,189 110,566
Pension and other postretirement assets 1,962 1,404
Long-term derivative instruments 39,006 40,577
Deferred charges and other 60,167 56,587
Total other assets 208,324 209,134
TOTAL ASSETS 6,505,163 6,175,890
Current Liabilities    
Long-term debt due within one year 100,000 50,000
Notes payable to banks 800,000 643,000
Accounts payable 273,531 257,579
Accrued taxes 58,540 30,076
Customers' deposits 24,403 24,705
Amounts due customers 10,956 19,718
Accrued wages and benefits 19,904 24,984
Regulatory liability 27,581 45,116
Royalty payable 41,417 34,426
Liabilities related to assets held for sale 7,917 0
Other 32,187 30,178
Total current liabilities 1,396,436 1,159,782
Long-term debt 1,053,542 1,103,528
Deferred Credits and Other Liabilities    
Asset retirement obligation 119,029 118,023
Pension and other postretirement liabilities 109,086 110,282
Regulatory liability 68,934 80,404
Long-term derivative instruments 470 11,305
Deferred income taxes 963,727 905,601
Other 12,462 10,275
Total deferred credits and other liabilities 1,273,708 1,235,890
Commitments and Contingencies      
Shareholders’ Equity    
Preferred stock, cumulative $0.01 par value 0 0
Common shareholders’ equity    
Common stock, $0.01 par value 751 751
Premium on capital stock 496,339 492,108
Capital surplus 2,802 2,802
Retained earnings 2,432,869 2,314,055
Accumulated other comprehensive income (loss), net of tax    
Unrealized gain on hedges, net 21,890 46,352
Pension and postretirement plans (49,239) (52,507)
Interest rate swap (1,305) (2,156)
Deferred compensation plan 3,445 2,774
Treasury stock, at cost: 2,971,254 shares at June 30, 2013, and 2,998,620 shares at December 31, 2012 (126,075) (127,489)
Total shareholders' equity 2,781,477 2,676,690
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 6,505,163 6,175,890
Alabama Gas Corporation
   
Current Assets    
Cash and cash equivalents 565 5,559
Accounts receivable    
Gas 47,757 94,011
Other 8,122 5,117
Affiliated companies 3,364 5,742
Allowance for doubtful accounts (4,600) (5,700)
Inventories    
Storage gas inventory 21,231 32,205
Materials and supplies 5,396 5,528
Liquified natural gas in storage 3,092 3,498
Regulatory asset 10,915 45,515
Income tax receivable 0 2,762
Assets held for sale 3,011 0
Deferred income taxes 20,712 18,799
Prepayments and other 1,645 4,451
Total current assets 121,210 217,487
Property, Plant and Equipment    
Utility plant 1,454,659 1,416,590
Less accumulated depreciation 588,459 573,947
Utility plant, net 866,200 842,643
Other property, net 41 42
Other Assets    
Regulatory asset 107,189 110,566
Pension and other postretirement assets 1,259 848
Deferred charges and other 10,905 11,290
Total other assets 119,353 122,704
TOTAL ASSETS 1,106,804 1,182,876
Current Liabilities    
Notes payable to banks 0 77,000
Accounts payable 43,982 51,741
Accrued taxes 40,005 24,186
Customers' deposits 24,403 24,705
Amounts due customers 10,956 19,718
Accrued wages and benefits 4,768 6,703
Regulatory liability 27,581 45,116
Other 9,493 9,018
Total current liabilities 161,188 258,187
Long-term debt 250,018 250,028
Deferred Credits and Other Liabilities    
Pension and other postretirement liabilities 41,348 43,611
Regulatory liability 68,934 80,404
Deferred income taxes 195,649 189,381
Other 1,522 762
Total deferred credits and other liabilities 307,453 314,158
Commitments and Contingencies      
Shareholders’ Equity    
Preferred stock, cumulative $0.01 par value 0 0
Common shareholders’ equity    
Common stock, $0.01 par value 20 20
Premium on capital stock 31,682 31,682
Capital surplus 2,802 2,802
Retained earnings 353,641 325,999
Accumulated other comprehensive income (loss), net of tax    
Total shareholders' equity 388,145 360,503
Total capitalization 638,163 610,531
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,106,804 $ 1,182,876