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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 9,161 $ 9,526
Customer and other receivables 325,352 299,904
Accrued unbilled revenues 172,444 96,796
Allowance for doubtful accounts (2,731) (3,203)
Materials and supplies (at average cost) 230,310 221,682
Fossil fuel (at average cost) 38,835 38,028
Deferred income taxes 83,633 91,152
Income tax receivable (Note 5)   135,517
Assets from risk management activities (Note 7) 15,420 17,169
Deferred fuel and purchased power regulatory asset (Note 3) 1,043 20,755
Other regulatory assets (Note 3) 77,148 76,388
Other current assets 48,457 39,895
Total current assets 999,072 1,043,609
INVESTMENTS AND OTHER ASSETS    
Assets from risk management activities (Note 7) 21,581 23,815
Nuclear decommissioning trust (Note 13) 682,359 642,007
Other assets 61,380 60,875
Total investments and other assets 765,320 726,697
PROPERTY, PLANT AND EQUIPMENT    
Plant in service and held for future use 15,448,087 15,200,464
Accumulated depreciation and amortization (5,388,667) (5,300,219)
Net 10,059,420 9,900,245
Construction work in progress 584,152 581,369
Palo Verde sale leaseback, net of accumulated depreciation (Note 6) 123,190 125,125
Intangible assets, net of accumulated amortization 137,037 157,689
Nuclear fuel, net of accumulated amortization 125,246 124,557
Total property, plant and equipment 11,029,045 10,888,985
DEFERRED DEBITS    
Regulatory assets (Note 3) 755,174 711,712
Other 141,706 137,683
Total deferred debits 896,880 849,395
TOTAL ASSETS 13,690,317 13,508,686
CURRENT LIABILITIES    
Accounts payable 320,779 284,516
Accrued taxes (Note 5) 161,707 130,998
Accrued interest 52,740 48,351
Common dividends payable 62,656 62,528
Short-term borrowings (Note 2) 176,650 153,125
Current maturities of long-term debt (Note 2) 368,841 540,424
Customer deposits 74,779 76,101
Liabilities from risk management activities (Note 7) 21,502 31,892
Liabilities for asset retirements 35,726 32,896
Regulatory liabilities (Note 3) 114,204 99,273
Other current liabilities 165,123 158,540
Total current liabilities 1,554,707 1,618,644
LONG-TERM DEBT LESS CURRENT MATURITIES (Note 2) 2,999,513 2,796,465
DEFERRED CREDITS AND OTHER    
Deferred income taxes 2,396,026 2,351,882
Regulatory liabilities (Note 3) 809,442 801,297
Liabilities for asset retirements (Note 16) 356,436 313,833
Liabilities for pension and other postretirement benefits (Note 4) 439,490 513,628
Liabilities from risk management activities (Note 7) 23,367 70,315
Customer advances 120,330 114,480
Coal mine reclamation 208,951 207,453
Deferred investment tax credit 181,236 152,361
Unrecognized tax benefits (Note 5) 22,814 42,209
Other 196,143 185,659
Total deferred credits and other 4,754,235 4,753,117
COMMITMENTS AND CONTINGENCIES (SEE NOTES)      
EQUITY (Note 8)    
Common stock, no par value; authorized 150,000,000 shares, 110,430,456 and 110,280,703 issued at respective dates 2,500,064 2,491,558
Treasury stock at cost; 23,824 and 98,944 shares at respective dates (189) (4,308)
Total common stock 2,499,875 2,487,250
Retained earnings 1,808,232 1,785,273
Accumulated other comprehensive loss:    
Pension and other postretirement benefits (55,848) (54,995)
Derivative instruments (18,369) (23,058)
Total accumulated other comprehensive loss (74,217) (78,053)
Total shareholders' equity 4,233,890 4,194,470
Noncontrolling interests (Note 6) 147,972 145,990
Total equity 4,381,862 4,340,460
TOTAL LIABILITIES AND EQUITY $ 13,690,317 $ 13,508,686