As Reported Financials

As Reported Financials

Source Document Currency Code (in millions) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2017 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 12/31/2017 USD

ASSETS

Property, plant and equipment 17,269 18,504 19,954 21,716
Accumulated depreciation (4,240) (4,571) (4,962) (5,470)
Property, plant and equipment, net 13,029 13,933 14,992 16,246

Current assets

Cash and cash equivalents 23 45 75 55
Restricted funds 14 21 20 27
Accounts receivable, net 232 255 269 272
Unbilled revenues 221 267 263 212
Materials and supplies 37 38 39 41
Other 48 31 118 113
Total current assets 575 657 784 720

Regulatory and other long-term assets

Regulatory assets 1,153 1,271 1,289 1,061
Goodwill 1,208 1,302 1,345 1,379
Other 73 78 72 76
Total regulatory and other long-term assets 2,434 2,651 2,706 2,516
TOTAL ASSETS 16,038 17,241 18,482 19,482

CAPITALIZATION AND LIABILITIES

Capitalization

Common stock 2 2 2 2
Paid-in-capital 6,302 6,351 6,388 6,432
Accumulated deficit (1,296) (1,073) (873) (723)
Accumulated other comprehensive loss (82) (88) (86) (79)
Treasury stock, at cost (11) (143) (213) (247)
Total common stockholders' equity 4,915 5,049 5,218 5,385
Long-term debt 5,427 5,862 5,749 6,490
Redeemable preferred stock at redemption value 15 12 10 8
Total long-term debt NA 5,874 5,759 6,498
Total capitalization 10,357 10,923 10,977 11,883

Current liabilities

Short-term debt 450 628 849 905
Current portion of long-term debt 61 54 574 322
Accounts payable 100 126 154 195
Accrued liabilities 395 493 609 630
Taxes accrued 25 26 31 33
Interest accrued 57 62 63 73
Other 153 144 112 167
Total current liabilities 1,241 1,533 2,392 2,325

Regulatory and other long-term liabilities

Advances for construction 368 349 300 271
Deferred income taxes, net 2,034 2,310 2,596 1,551
Deferred investment tax credits 25 24 23 22
Regulatory liabilities 392 402 403 1,664
Accrued pension expense 316 342 419 384
Accrued postretirement benefit expense 193 169 87 40
Other 37 68 67 66
Total regulatory and other long-term liabilities 3,365 3,664 3,895 3,998
Contributions in aid of construction 1,075 1,121 1,218 1,276
Commitments and contingencies 0 0 NA NA
TOTAL CAPITALIZATION AND LIABILITIES 16,038 17,241 18,482 19,482
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.