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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Property, plant and equipment, at cost $ 6,590,830 $ 6,509,117
Less: accumulated depreciation 1,533,004 1,507,502
Net property, plant and equipment 5,057,826 5,001,615
Current assets:    
Cash and cash equivalents 4,425 3,763
Accounts receivable and unbilled revenues, net 89,409 97,394
Inventory, materials and supplies 13,977 12,961
Prepayments and other current assets 12,727 12,804
Assets held for sale 1,925 1,728
Total current assets 122,463 128,650
Regulatory assets 974,853 948,647
Deferred charges and other assets, net 31,192 30,845
Investment in joint venture 6,995 7,026
Goodwill 42,266 42,208
Total assets 6,235,595 6,158,991
Stockholders' equity:    
Common stock at $.50 par value, authorized 300,000,000 shares, issued 180,566,113 and 180,311,345 as of March 31, 2017 and December 31, 2016 90,283 90,155
Capital in excess of par value 800,420 797,513
Retained earnings 1,048,963 1,032,844
Treasury stock, at cost, 2,983,005 and 2,916,969 shares as of March 31, 2017 and December 31, 2016 (73,166) (71,113)
Accumulated other comprehensive income 727 669
Total stockholders' equity 1,867,227 1,850,068
Long-term debt, excluding current portion 1,819,568 1,759,962
Less: debt issuance costs 22,057 22,357
Long-term debt, excluding current portion, net of debt issuance costs 1,797,511 1,737,605
Commitments and contingencies (See Note 13)
Current liabilities:    
Current portion of long-term debt 119,296 150,671
Loans payable 27,732 6,535
Accounts payable 50,185 59,872
Accrued interest 20,624 18,367
Accrued taxes 24,092 25,607
Other accrued liabilities 35,671 40,484
Total current liabilities 277,600 301,536
Deferred credits and other liabilities:    
Deferred income taxes and investment tax credits 1,301,189 1,269,253
Customers' advances for construction 90,391 91,843
Regulatory liabilities 245,294 250,635
Other 110,097 115,583
Total deferred credits and other liabilities 1,746,971 1,727,314
Contributions in aid of construction 546,286 542,468
Total liabilities and equity $ 6,235,595 $ 6,158,991