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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 107,952 $ 95,959
Accounts receivable, less reserves 42,299 39,887
Other accounts receivables, less reserves 9,440 8,530
Unbilled revenues 31,400 29,846
Materials and supplies, at average cost 22,614 18,561
Fuel for electric generation, at average cost 8,256 9,757
Stored natural gas, at average cost 12,923 12,819
Prepaid taxes 26,535 26,636
Regulatory assets - current 7,888 6,414
Assets held for sale 8,817 14,813
Other current assets 12,507 12,293
Total Current Assets 290,631 275,515
Other long-term receivables 4,788 5,603
Regulatory assets 142,567 158,485
Pension and other postretirement benefit asset 7,336 2,020
Other deferred assets and other 731 1,088
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,283,313 1,245,269
Construction work in progress 58,044 36,790
Total Property, Plant, and Equipment 1,341,357 1,282,059
Investments 67,772 76,290
Total Assets 1,855,182 1,801,060
Current Liabilities:    
Long-term debt due within one year 24,452 4,333
Short-term debt [1] 4,000 0
Accounts payable 47,645 47,799
Accrued interest and taxes 5,602 5,495
Accrued payroll related items 12,244 11,892
Regulatory liabilities - current 5,633 6,910
Derivative liabilities 8,180 7,620
Other current liabilities 18,758 19,456
Total Current Liabilities 126,514 103,505
Other Credits:    
Deferred income taxes 225,130 383,813
Investment tax credit - deferred 918 947
Regulatory liabilities 154,153 22,173
Accrued pension and other postretirement benefits 69,088 74,347
Derivative liabilities 33,990 42,970
Other deferred liabilities and other 69,041 66,426
Total Other Credits 552,320 590,676
Common shareholders' equity:    
Common stock 34,668 34,668
Additional paid-in capital 316,268 316,268
Retained earnings 426,874 372,950
Accumulated other comprehensive income, net of tax 377 202
Total Common Shareholders' Equity 778,187 724,088
Long-term debt 398,161 382,791
Total Capitalization 1,176,348 1,106,879
Commitments and contingencies (see Footnote 17)
Total Liabilities and Capitalization 1,855,182 1,801,060
MGE [Member]    
Current Assets:    
Cash and cash equivalents 5,951 10,768
Accounts receivable, less reserves 42,299 39,887
Affiliate receivables 668 539
Other accounts receivables, less reserves 6,984 6,363
Unbilled revenues 31,400 29,846
Materials and supplies, at average cost 22,614 18,561
Fuel for electric generation, at average cost 8,256 9,757
Stored natural gas, at average cost 12,923 12,819
Prepaid taxes 25,073 25,798
Regulatory assets - current 7,888 6,414
Assets held for sale 8,817 14,813
Other current assets 12,484 12,268
Total Current Assets 185,357 187,833
Affiliate receivable long-term 3,707 4,236
Regulatory assets 142,567 158,485
Pension and other postretirement benefit asset 7,336 2,020
Other deferred assets and other 3,280 4,353
Property, Plant, and Equipment:    
Property, plant, and equipment, net 1,283,341 1,244,648
Construction work in progress 58,044 36,790
Total Property, Plant, and Equipment 1,341,385 1,281,438
Investments 409 487
Total Assets 1,684,041 1,638,852
Current Liabilities:    
Long-term debt due within one year 24,452 4,333
Short-term debt 4,000 0
Accounts payable 47,614 47,790
Accrued interest and taxes 5,558 5,440
Accrued payroll related items 12,244 11,892
Regulatory liabilities - current 5,633 6,910
Derivative liabilities 8,180 7,620
Other current liabilities 16,749 19,347
Total Current Liabilities 124,430 103,332
Other Credits:    
Deferred income taxes 201,486 343,117
Investment tax credit - deferred 918 947
Regulatory liabilities 154,153 22,173
Accrued pension and other postretirement benefits 69,088 74,347
Derivative liabilities 33,990 42,970
Other deferred liabilities and other 69,041 66,426
Total Other Credits 528,676 549,980
Common shareholders' equity:    
Common stock 17,348 17,348
Additional paid-in capital 192,417 192,417
Retained earnings 282,135 277,300
Accumulated other comprehensive income, net of tax (28) 19
Total Common Shareholders' Equity 491,872 487,084
Noncontrolling interest 140,902 115,665
Total Equity 632,774 602,749
Long-term debt 398,161 382,791
Total Capitalization 1,030,935 985,540
Commitments and contingencies (see Footnote 17)
Total Liabilities and Capitalization $ 1,684,041 $ 1,638,852
[1]

MGE Energy short-term borrowings include MGE Energy and MGE lines of credit and MGE commercial paper.