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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 4,495 $ 7,635
Accounts receivable, net 251,750 322,885
Accounts receivable from affiliates 45,958 50,842
Investments in utility money pool arrangement 0 16,000
Accrued unbilled revenues 213,328 294,049
Inventories 198,665 238,979
Regulatory assets 97,362 120,120
Deferred income taxes 124,005 64,587
Derivative instruments 1,751 1,731
Prepaid taxes 19,519 90,365
Prepayments and other 21,871 23,979
Total current assets 978,704 1,231,172
Property, plant and equipment, net 11,796,866 11,626,956
Other assets    
Regulatory assets 906,030 903,973
Derivative instruments 4,319 5,176
Other 47,614 48,506
Total other assets 957,963 957,655
Total assets 13,733,533 13,815,783
Current liabilities    
Current portion of long-term debt 8,666 8,178
Short-term Debt 53,000 382,000
Accounts payable 271,780 425,133
Accounts payable to affiliates 32,756 46,736
Regulatory liabilities 187,945 134,459
Taxes accrued 92,626 159,470
Accrued interest 49,425 48,409
Dividends payable to parent 82,871 83,652
Derivative instruments 5,967 5,774
Other 69,737 72,002
Total current liabilities 854,773 1,365,813
Deferred credits and other liabilities    
Deferred income taxes 2,587,936 2,437,641
Deferred investment tax credits 34,806 36,273
Regulatory liabilities 462,737 464,421
Asset retirement obligations 229,998 225,296
Derivative instruments 15,629 18,257
Customer advances 213,089 229,990
Pension and employee benefit obligations 180,017 202,031
Other 68,031 68,171
Total deferred credits and other liabilities $ 3,792,243 $ 3,682,080
Commitments and contingencies    
Capitalization    
Long-term debt $ 4,127,235 $ 3,882,051
Common stock — 100 shares authorized at $0.01 par value; 100 shares outstanding at June 30, 2015 and Dec. 31, 2014, respectively 0 0
Additional paid in capital 3,550,495 3,522,788
Retained earnings 1,432,873 1,386,929
Accumulated other comprehensive loss (24,086) (23,878)
Total common stockholder’s equity 4,959,282 4,885,839
Total liabilities and equity $ 13,733,533 $ 13,815,783