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Consolidated Balance Sheets
$ in Thousands
12 Months Ended
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Property, Plant and Equipment:    
Utility Plant, at original cost $ 2,211,239 $ 2,002,966
Accumulated Depreciation (440,473) (413,597)
Nonutility Property and Equipment, at cost 785,646 622,079
Accumulated Depreciation (108,307) (77,345)
Property, Plant and Equipment - Net 2,448,105 2,134,103
Investments:    
Available-for-Sale Securities 14,810 8,922
Restricted Investments 48,758 65,451
Investment in Affiliates 16,983 68,351
Total Investments 80,551 142,724
Current Assets:    
Cash and Cash Equivalents 3,877 4,171
Accounts Receivable 178,359 251,892
Unbilled Revenues 40,044 62,608
Provision for Uncollectibles (10,252) (7,910)
Notes Receivable 11,800 0
Notes Receivable - Affiliate 3,134 14,657
Natural Gas in Storage, average cost 54,211 63,246
Materials and Supplies, average cost 5,088 2,125
Deferred Income Taxes - Net 0 57,748
Prepaid Taxes 21,753 14,106
Derivatives - Energy Related Assets 83,093 85,368
Other Prepayments and Current Assets 40,167 18,686
Total Current Assets 431,274 566,697
Regulatory and Other Noncurrent Assets:    
Regulatory Assets 323,434 357,160
Derivatives - Energy Related Assets 16,238 13,905
Unamortized Debt Issuance Costs 8,967 9,795
Notes Receivable - Affiliate 13,275 36,799
Contract Receivables 28,609 19,236
Notes Receivable 35,439 7,882
Goodwill 8,880 0
Identifiable Intangible Assets 21,553 0
Other 64,575 61,124
Total Regulatory and Other Noncurrent Assets 520,970 505,901
Total Assets 3,480,900 3,349,425
Common Stock: Par Value $1.25 per share; Authorized 120,000,000 shares; Outstanding Shares: 70,965,622 (2015) and 68,334,860 (2014)    
Balance at Beginning of Year 85,418 81,788
Common Stock Issued or Granted Under Stock Plans 3,289 3,630
Balance at End of Year 88,707 85,418
Premium on Common Stock 499,460 438,384
Treasury Stock (at par) (296) (330)
Accumulated Other Comprehensive Loss [1] (24,499) (30,258)
Retained Earnings 474,167 439,218
Total Equity 1,037,539 932,432
Long-Term Debt [2] 1,006,394 859,491
Total Capitalization 2,043,933 1,791,923
Current Liabilities:    
Notes Payable 431,700 245,700
Current Portion of Long-Term Debt [2] 29,454 149,909
Accounts Payable 186,400 272,998
Customer Deposits and Credit Balances 20,146 17,958
Environmental Remediation Costs 50,559 30,430
Taxes Accrued 2,336 2,328
Derivatives - Energy Related Liabilities 90,708 109,744
Interest Accrued 7,316 7,088
Pension Benefits 2,261 1,550
Other Current Liabilities 11,596 12,480
Total Current Liabilities 832,476 850,185
Deferred Credits and Other Noncurrent Liabilities:    
Deferred Income Taxes - Net 295,945 344,520
Investment Tax Credits 0 149
Pension and Other Postretirement Benefits 76,068 115,373
Environmental Remediation Costs 76,064 97,742
Asset Retirement Obligations 57,943 42,502
Derivatives - Energy Related Liabilities 21,697 19,926
Derivatives - Other 10,943 10,732
Regulatory Liabilities 42,841 41,899
Finance Obligation 0 19,659
Other 22,990 14,815
Total Deferred Credits and Other Noncurrent Liabilities $ 604,491 $ 707,317
Commitments and Contingencies (Note 15)
Total Capitalization and Liabilities $ 3,480,900 $ 3,349,425
[1] Determined using a combined average statutory tax rate of 40%.
[2] Long-term debt maturities and sinking funds requirements for the succeeding five years are as follows (in thousands): 2016, $29,454; 2017, $172,558; 2018,$40,667; 2019,$260,783; and 2020, $74,476.