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 6/30/2018 USD 2018 Q2 YTD 6/30/2018 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 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD

ASSETS

Property, plant and equipment 17,269 18,504 19,954 21,716 22,361
Accumulated depreciation (4,240) (4,571) (4,962) (5,470) (5,584)
Property, plant and equipment, net 13,029 13,933 14,992 16,246 16,777

Current assets

Cash and cash equivalents 23 45 75 55 68
Restricted funds 14 21 20 27 27
Accounts receivable, net 232 255 269 272 324
Unbilled revenues 221 267 263 212 212
Materials and supplies 37 38 39 41 42
Other 48 31 118 113 160
Total current assets 575 657 784 720 833

Regulatory and other long-term assets

Regulatory assets 1,153 1,271 1,289 1,061 1,069
Goodwill 1,208 1,302 1,345 1,379 1,621
Intangible assets NA NA NA 9 101
Other 73 78 72 67 70
Total regulatory and other long-term assets 2,434 2,651 2,706 2,516 2,861
Total assets 16,038 17,241 18,482 19,482 20,471

CAPITALIZATION AND LIABILITIES

Capitalization

Common stock 2 2 2 2 2
Paid-in-capital 6,302 6,351 6,388 6,432 6,637
Accumulated deficit (1,296) (1,073) (873) (723) (537)
Accumulated other comprehensive loss (82) (88) (86) (79) (69)
Treasury stock, at cost (11) (143) (213) (247) (297)
Total common stockholders' equity 4,915 5,049 5,218 5,385 5,736
Long-term debt 5,427 5,862 5,749 6,490 6,345
Redeemable preferred stock at redemption value 15 12 10 8 7
Total long-term debt NA 5,874 5,759 6,498 6,352
Total capitalization 10,357 10,923 10,977 11,883 12,088

Current liabilities

Short-term debt 450 628 849 905 1,649
Current portion of long-term debt 61 54 574 322 364
Accounts payable 100 126 154 195 139
Accrued liabilities 395 493 609 630 530
Taxes accrued 25 26 31 33 48
Interest accrued 57 62 63 73 69
Other 153 144 112 167 152
Total current liabilities 1,241 1,533 2,392 2,325 2,951

Regulatory and other long-term liabilities

Advances for construction 368 349 300 271 263
Deferred income taxes, net 2,034 2,310 2,596 1,551 1,617
Deferred investment tax credits 25 24 23 22 22
Regulatory liabilities 392 402 403 1,664 1,713
Accrued pension expense 316 342 419 384 397
Accrued post-retirement benefit expense 193 169 87 40 38
Other 37 68 67 66 84
Total regulatory and other long-term liabilities 3,365 3,664 3,895 3,998 4,134
Contributions in aid of construction 1,075 1,121 1,218 1,276 1,298
Commitments and contingencies 0 0 NA NA NA
Total capitalization and liabilities 16,038 17,241 18,482 19,482 20,471
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.