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Consolidated Condensed Balance Sheets (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Current assets  
Cash and cash equivalents$ 165.8$ 67.5
Short-term investments014.8
Receivables, less allowance for uncollectibles342.8333.4
Inventories, at average cost  
Fuel124.1169.5
Materials and supplies83.878.1
Current derivative assets1.3[1]2.7[1]
Current regulatory assets55.862.7
Deferred tax asset76.30
Prepayments and other current assets33.528.5
Income tax receivables/Taxes receivable0.20.4
Total current assets883.6757.6
Property, plant and equipment  
Electric6,697.36,558.9
Gas1,145.41,115.0
Construction work in progress191.0212.4
Other property428.6398.5
Property, plant and equipment8,462.38,284.8
Accumulated depreciation(2,578.3)(2,443.8)
Total property, plant and equipment, net5,884.05,841.0
Other assets/Deferred debits  
Deferred income taxes, net057.3
Long-term regulatory assets331.2341.9
Long-term derivative assets0.2[1]0.2[1]
Goodwill55.455.4
Deferred charges and other assets141.5141.2
Total other assets/Total deferred debits528.3596.0
Total assets7,295.97,194.6
Current liabilities  
Recourse374.967.1
Non-recourse11.211.2
Notes payable012.0
Accounts payable252.5281.5
Customer deposits158.3156.5
Current regulatory liabilities95.5110.0
Current derivative liabilities29.5[1]27.2[1]
Interest accrued62.142.4
Taxes accrued61.226.2
Other current liabilities19.418.2
Total current liabilities1,064.6752.3
Other liabilities/Deferred credits  
Deferred income taxes, net138.30
Investment tax credits10.110.4
Long-term regulatory liabilities637.5630.8
Long-term derivative liabilities6.0[1]2.6[1]
Deferred credits and other liabilities487.0479.8
Long-term debt, less amount due within one year  
Recourse2,664.93,114.6
Non-recourse25.133.5
Total other liabilities/Total deferred credits3,968.94,271.7
Commitments and Contingencies  
Capital  
Common equity215.8214.9
Additional paid in capital1,550.41,542.0
Retained earnings512.6430.0
Accumulated other comprehensive loss(16.9)(17.2)
Total TECO Energy, Inc. capital2,261.92,169.7
Noncontrolling interest0.50.9
Total capital2,262.42,170.6
Total liabilities and capital7,295.97,194.6
Tampa Electric Co [Member]
  
Current assets  
Cash and cash equivalents111.13.7
Receivables, less allowance for uncollectibles253.7264.6
Inventories, at average cost  
Fuel84.2119.0
Materials and supplies63.859.1
Current derivative assets01.1
Current regulatory assets55.862.7
Deferred tax asset28.71.5
Prepayments and other current assets12.710.0
Income tax receivables/Taxes receivable024.6
Total current assets610.0546.3
Property, plant and equipment  
Electric6,481.66,343.4
Gas1,089.91,060.6
Construction work in progress185.6206.8
Other property5.74.7
Property, plant and equipment7,757.17,610.8
Accumulated depreciation(2,202.7)(2,093.9)
Public Utilities, Property, Plant and Equipment, Net, Total5,554.45,516.9
Total property, plant and equipment, net5,560.15,521.6
Other assets/Deferred debits  
Long-term regulatory assets331.2341.9
Unamortized debt expense15.017.8
Other9.910.9
Total other assets/Total deferred debits356.1370.6
Total assets6,526.26,438.5
Current liabilities  
Notes payable012.0
Long-term debt due within one year374.93.4
Accounts payable184.2219.0
Customer deposits158.3156.5
Current regulatory liabilities95.5110.0
Current derivative liabilities29.527.2
Interest accrued46.524.6
Taxes accrued70.814.0
Other current liabilities12.212.2
Total current liabilities971.9578.9
Other liabilities/Deferred credits  
Deferred income taxes, net737.0631.5
Investment tax credits10.110.4
Long-term regulatory liabilities637.5630.8
Long-term derivative liabilities4.52.6
Other359.2360.0
Long-term debt, less amount due within one year  
Total other liabilities/Total deferred credits1,748.31,635.3
Commitments and Contingencies  
Capital  
Common equity1,852.41,852.4
Retained earnings342.1311.1
Accumulated other comprehensive loss(4.8)(5.3)
Total capital2,189.72,158.2
Total liabilities and capital6,526.26,438.5
Long-term debt, less amount due within one year1,616.32,066.1
Total capitalization$ 3,806.0$ 4,224.3
[1]Amounts presented above are on a gross basis, with asset and liability positions netted by counterparty in accordance with accounting standards for derivatives and hedging.