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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 27,803 $ 26,202
Customer and other receivables 345,581 277,225
Accrued unbilled revenues 163,608 94,845
Allowance for doubtful accounts (2,821) (3,340)
Materials and supplies (at average cost) 220,025 218,096
Fossil fuel (at average cost) 33,407 31,334
Deferred income taxes 105,146 152,191
Income tax receivable (Note 5) 2,317 2,423
Assets from risk management activities (Note 7) 22,575 25,699
Deferred fuel and purchased power regulatory asset (Note 3) 26,526 72,692
Other regulatory assets (Note 3) 79,405 71,257
Other current assets 42,717 37,102
Total current assets 1,066,289 1,005,726
INVESTMENTS AND OTHER ASSETS    
Assets from risk management activities (Note 7) 31,918 35,891
Nuclear decommissioning trust (Note 13) 595,231 570,625
Other assets 64,304 62,694
Total investments and other assets 691,453 669,210
PROPERTY, PLANT AND EQUIPMENT    
Plant in service and held for future use 14,503,810 14,346,367
Accumulated depreciation and amortization (5,022,729) (4,929,613)
Net 9,481,081 9,416,754
Construction work in progress 545,231 565,716
Palo Verde sale leaseback, net of accumulated depreciation (Note 6) 127,060 128,995
Intangible assets, net of accumulated amortization 162,715 162,150
Nuclear fuel, net of accumulated amortization 156,252 122,778
Total property, plant and equipment 10,472,339 10,396,393
DEFERRED DEBITS    
Regulatory assets (Note 3) 1,120,366 1,099,900
Income tax receivable (Note 5) 71,274 70,389
Other 140,973 137,997
Total deferred debits 1,332,613 1,308,286
TOTAL ASSETS 13,562,694 13,379,615
CURRENT LIABILITIES    
Accounts payable 287,368 221,312
Accrued taxes (Note 5) 129,865 124,939
Accrued interest 49,199 49,380
Common dividends payable 59,946 59,789
Short-term borrowings 30,100 92,175
Current maturities of long-term debt (Note 2) 599,131 122,828
Customer deposits 78,795 79,689
Liabilities from risk management activities (Note 7) 67,855 73,741
Regulatory liabilities (Note 3) 80,763 88,116
Other current liabilities 154,196 171,573
Total current liabilities 1,537,218 1,083,542
LONG-TERM DEBT LESS CURRENT MATURITIES (Note 2)    
Long-term debt less current maturities 2,782,758 3,160,219
Palo Verde sale leaseback lessor notes less current maturities (Note 6) 37,414 38,869
Total long-term debt less current maturities 2,820,172 3,199,088
DEFERRED CREDITS AND OTHER    
Deferred income taxes 2,175,865 2,151,371
Regulatory liabilities (Note 3) 790,788 759,201
Liability for asset retirements 362,619 357,097
Liabilities for pension and other postretirement benefits (Note 4) 1,013,976 1,058,755
Deferred investment tax credit 119,979 99,819
Liabilities from risk management activities (Note 7) 85,474 85,264
Customer advances 108,335 109,359
Coal mine reclamation 115,145 118,860
Unrecognized tax benefits (Note 5) 72,629 71,135
Other 191,259 183,835
Total deferred credits and other 5,036,069 4,994,696
COMMITMENTS AND CONTINGENCIES (SEE NOTES)      
EQUITY (Note 8)    
Common stock, no par value 2,486,871 2,466,923
Treasury stock (10,117) (4,211)
Total common stock 2,476,754 2,462,712
Retained earnings 1,659,868 1,624,102
Accumulated other comprehensive loss:    
Pension and other postretirement benefits (64,138) (64,416)
Derivative instruments (40,319) (49,592)
Total accumulated other comprehensive loss (104,457) (114,008)
Total shareholders' equity 4,032,165 3,972,806
Noncontrolling interests (Note 6) 137,070 129,483
Total equity 4,169,235 4,102,289
TOTAL LIABILITIES AND EQUITY $ 13,562,694 $ 13,379,615