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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 81,384 $ 65,755
Accounts receivable, less reserves 37,112 41,614
Other accounts receivables, less reserves 7,477 7,610
Unbilled revenues 25,008 31,262
Materials and supplies, at average cost 19,155 17,121
Fossil fuel 13,110 8,098
Stored natural gas, at average cost 16,145 21,036
Prepaid taxes 35,252 38,910
Regulatory assets - current 9,538 8,360
Other current assets 10,570 10,711
Total Current Assets 254,751 250,477
Other long-term receivables 5,045 2,181
Regulatory assets 148,199 156,823
Other deferred assets and other 5,602 4,837
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,217,094 1,189,077
Construction work in progress 26,351 19,029
Total Property, Plant, and Equipment 1,243,445 1,208,106
Investments 73,631 71,760
Total Assets 1,730,673 1,694,184 [1]
Current Liabilities:    
Long-term debt due within one year 4,266 4,182
Short-term debt [2] 0 7,000
Accounts payable 40,830 41,655
Accrued interest and taxes 5,067 5,086
Accrued payroll related items 11,215 11,241
Regulatory liabilities - current 9,515 0
Derivative liabilities 8,343 6,901
Other current liabilities 4,910 13,931
Total Current Liabilities 84,146 89,996
Other Credits:    
Deferred income taxes 360,785 338,563 [1]
Investment tax credit - deferred 1,050 1,223
Regulatory liabilities 20,785 22,715
Accrued pension and other postretirement benefits 75,680 90,201
Derivative liabilities 44,935 46,560
Other deferred liabilities and other 61,820 50,269
Total Other Credits 565,055 549,531 [1]
Common shareholders' equity:    
Common stock 34,668 34,668
Additional paid-in capital 316,268 316,268
Retained earnings 339,165 308,007
Accumulated other comprehensive income, net of tax 357 458
Total Common Shareholders' Equity 690,458 659,401
Long-term debt 391,014 395,256
Total Capitalization 1,081,472 1,054,657
Commitments and contingencies (see Footnote 18) 0 0
Total Liabilities and Capitalization 1,730,673 1,694,184 [1]
MGE [Member]    
Current Assets:    
Cash and cash equivalents 26,760 4,562
Accounts receivable, less reserves 37,112 41,614
Affiliate receivables 542 7,112
Other accounts receivables, less reserves 7,390 7,524
Unbilled revenues 25,008 31,262
Materials and supplies, at average cost 19,155 17,121
Fossil fuel 13,110 8,098
Stored natural gas, at average cost 16,145 21,035
Prepaid taxes 34,279 39,103
Regulatory assets - current 9,538 8,360
Other current assets 10,544 10,683
Total Current Assets 199,583 196,474
Affiliate receivable long-term 4,766 5,295
Regulatory assets 148,199 156,823
Other deferred assets and other 8,486 4,977
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,216,415 1,188,351
Construction work in progress 26,351 19,029
Total Property, Plant, and Equipment 1,242,766 1,207,380
Investments 69,984 68,402
Total Assets 1,673,784 1,639,351 [1]
Current Liabilities:    
Long-term debt due within one year 4,266 4,182
Short-term debt 0 7,000
Accounts payable 40,742 41,654
Accrued interest and taxes 5,021 5,039
Accrued payroll related items 11,215 11,241
Regulatory liabilities - current 9,515 0
Derivative liabilities 8,343 6,901
Other current liabilities 4,791 11,350
Total Current Liabilities 83,893 87,367
Other Credits:    
Deferred income taxes 352,626 333,502 [1]
Investment tax credit - deferred 1,050 1,223
Regulatory liabilities 20,785 22,715
Accrued pension and other postretirement benefits 75,680 90,201
Derivative liabilities 44,935 46,560
Other deferred liabilities and other 61,817 50,267
Total Other Credits 556,893 544,468 [1]
Common shareholders' equity:    
Common stock 17,348 17,348
Additional paid-in capital 192,417 192,417
Retained earnings 291,888 276,662
Accumulated other comprehensive income, net of tax 23 144
Total Common Shareholders' Equity 501,676 486,571
Noncontrolling interest 140,308 125,689
Total Equity 641,984 612,260
Long-term debt 391,014 395,256
Total Capitalization 1,032,998 1,007,516
Commitments and contingencies (see Footnote 18) 0 0
Total Liabilities and Capitalization $ 1,673,784 $ 1,639,351 [1]
[1] Reflects retrospective application of new accounting pronouncement. See Footnote 12 for additional information.
[2] MGE Energy short-term borrowings include MGE Energy and MGE lines of credit and MGE commercial paper.