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BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 44,000 $ 10,800
Accounts receivable, net 90,700 79,600
Accounts receivable from affiliates 10,500 1,300
Investments in money pool arrangements 0 65,000
Accrued unbilled revenues 114,500 129,800
Inventory 33,900 40,400
Regulatory assets 26,000 31,500
Derivative instruments 17,800 15,900
Prepaid taxes 14,200 15,000
Prepayments and other 10,700 10,400
Total current assets 362,300 399,700
Property, plant and equipment, net 5,946,400 5,095,600
Other assets    
Regulatory assets 366,200 362,900
Derivative instruments 15,800 19,000
Other 5,100 11,300
Total other assets 387,100 393,200
Total assets 6,695,800 5,888,500
Current liabilities    
Short-term debt 42,000 0
Accounts payable 191,800 211,800
Accounts payable to affiliates 19,900 22,600
Regulatory liabilities 85,800 68,800
Taxes accrued 41,600 35,200
Accrued interest 25,800 23,300
Dividends payable 45,200 26,800
Derivative instruments 3,600 3,600
Other 28,300 29,600
Total current liabilities 484,000 421,700
Deferred credits and other liabilities    
Deferred income taxes 619,100 574,900
Regulatory liabilities 780,900 784,600
Asset retirement obligations 32,400 28,500
Derivative instruments 16,400 20,000
Pension and employee benefit obligations 92,400 90,300
Other 7,900 8,300
Total deferred credits and other liabilities 1,549,100 1,506,600
Commitments and contingencies
Capitalization    
Long-term debt 2,126,100 1,829,900
Common stock — 200 shares authorized of $1.00 par value; 100 shares outstanding at Dec. 31, 2018 and 2017, respectively 0 0
Additional paid in capital 1,932,300 1,590,200
Retained earnings 605,700 541,600
Accumulated other comprehensive loss (1,400) (1,500)
Total common stockholder’s equity 2,536,600 2,130,300
Total liabilities and equity $ 6,695,800 $ 5,888,500