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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 1,443 $ 1,571
Accounts receivable, net 46,488 51,838
Accrued unbilled revenues 34,484 48,668
Inventories 17,817 25,703
Regulatory assets 11,357 14,133
Prepaid taxes 15,814 21,841
Deferred income taxes 6,136 0
Prepayments and other 2,623 2,991
Total current assets 136,162 166,745
Property, plant and equipment, net 1,223,762 1,207,698
Other assets    
Regulatory assets 230,364 229,910
Other investments 3,114 4,148
Other 3,127 2,970
Total other assets 236,605 237,028
Total assets 1,596,529 1,611,471
Current liabilities    
Current portion of long-term debt 1,276 1,286
Short-term debt 71,000 66,000
Notes payable to affiliates 550 500
Accounts payable 21,642 30,897
Accounts payable to affiliates 24,175 23,285
Dividends payable to parent 0 8,107
Regulatory liabilities 6,807 16,609
Environmental liabilities 31,003 30,699
Taxes accrued 3,973 1,238
Accrued interest 5,549 6,521
Derivative instruments 0 2,514
Other 9,410 10,155
Total current liabilities 175,385 197,811
Deferred credits and other liabilities    
Deferred income taxes 246,292 234,222
Deferred investment tax credits 8,642 8,499
Regulatory liabilities 120,270 119,187
Environmental liabilities 79,446 79,399
Customer advances 16,045 15,765
Pension and employee benefit obligations 47,752 60,328
Other 6,662 7,024
Total deferred credits and other liabilities 525,109 524,424
Commitments and contingencies      
Capitalization    
Long-term debt 368,104 368,083
Common stock - 1,000,000 shares authorized of $100 par value; 933,000 shares outstanding at March 31, 2012 and Dec. 31, 2011, respectively 93,300 93,300
Additional paid in capital 187,071 187,071
Retained earnings 248,055 241,296
Accumulated other comprehensive loss (495) (514)
Total common stockholder's equity 527,931 521,153
Total liabilities and equity $ 1,596,529 $ 1,611,471