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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 1,079 $ 1,285
Accounts receivable, net [1] 56,378 60,396
Accrued unbilled revenues 47,698 53,567
Inventories 21,559 24,685
Regulatory assets 16,146 20,036
Prepaid taxes 25,976 28,628
Deferred income taxes 3,138 8,201
Prepayments and other 2,387 6,918
Total current assets 174,361 203,716
Property, plant and equipment, net 1,828,079 1,674,281
Other assets    
Regulatory assets 289,196 280,693
Other investments 4,042 3,818
Other 5,211 4,612
Total other assets 298,449 289,123
Total assets 2,300,889 2,167,120
Current liabilities    
Current portion of long-term debt 1,131 1,235
Short-term debt 10,000 78,000
Notes payable to affiliates 500 500
Accounts payable 34,317 61,530
Accounts payable to affiliates 24,538 26,524
Dividends payable to parent 15,322 14,957
Regulatory liabilities 11,781 16,940
Environmental liabilities 17,155 29,116
Accrued interest 7,945 7,658
Other 15,778 12,265
Total current liabilities 138,467 248,725
Deferred credits and other liabilities    
Deferred Tax Liabilities, Net, Noncurrent 393,569 348,180
Deferred investment tax credits 8,560 9,089
Regulatory liabilities 141,289 132,674
Environmental liabilities 77,441 78,620
Customer advances 18,480 17,623
Pension and employee benefit obligations 49,889 51,313
Other 16,347 16,151
Total deferred credits and other liabilities $ 705,575 $ 653,650
Commitments and contingencies
Capitalization    
Long-term debt $ 666,462 $ 567,056
Common stock — 1,000,000 shares authorized of $100 par value; 933,000 shares outstanding at Dec. 31, 2015 and 2014, respectively 93,300 93,300
Additional paid in capital 394,553 322,276
Retained earnings 302,741 282,398
Accumulated other comprehensive loss (209) (285)
Total common stockholder’s equity 790,385 697,689
Total liabilities and equity $ 2,300,889 $ 2,167,120
[1] Accounts receivable, net includes an immaterial amount due from affiliates for 2015 and 2014, respectively.