As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 9/30/2017 USD 2017 Q3 YTD 9/30/2017 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 9/30/2017 USD 2017 Q3 YTD 9/30/2017 USD

ASSETS

Property, plant and equipment NA 17,269 18,504 19,954 20,946
Accumulated depreciation NA (4,240) (4,571) (4,962) (5,265)
Utility plant-at original cost, net of accumulated depreciation 12,244,359 NA NA NA NA
Nonutility property, net of accumulated depreciation 143,995 NA NA NA NA
Property, plant and equipment, net 12,388 13,029 13,933 14,992 15,681

Current assets

Cash and cash equivalents 27 23 45 75 93
Restricted funds 29 14 21 20 28
Accounts receivable, net 242 232 255 269 312
Allowance for uncollectible accounts (33,823) NA NA NA NA
Unbilled revenues 216 221 267 263 234
Income taxes receivable 5,778 NA NA NA NA
Materials and supplies 33 37 38 39 42
Deferred income taxes 17,722 NA NA NA NA
Assets of discontinued operations 7,761 NA NA NA NA
Other 28 48 31 118 151
Total current assets 572 575 657 784 860

Regulatory and other long-term assets

Regulatory assets 858 1,153 1,271 1,289 1,374
Restricted funds 754 NA NA NA NA
Goodwill 1,208 1,208 1,302 1,345 1,373
Other 61 73 78 72 73
Total regulatory and other long-term assets 2,128 2,434 2,651 2,706 2,820
TOTAL ASSETS 15,088 16,038 17,241 18,482 19,361

CAPITALIZATION AND LIABILITIES

Capitalization

Common stock 2 2 2 2 2
Paid-in-capital 6,261 6,302 6,351 6,388 6,423
Accumulated deficit (1,496) (1,296) (1,073) (873) (573)
Accumulated other comprehensive loss (35) (82) (88) (86) (87)
Treasury stock, at cost (5) (11) (143) (213) (247)
Total common stockholders' equity 4,728 4,915 5,049 5,218 5,518
Long-term debt 5,213 5,427 5,862 5,749 6,672
Redeemable preferred stock at redemption value 17 15 12 10 9
Total long-term debt NA NA 5,874 5,759 6,681
Total capitalization 9,958 10,357 10,923 10,977 12,199

Current liabilities

Short-term debt 630 450 628 849 103
Current portion of long-term debt 14 61 54 574 687
Accounts payable 264 100 126 154 144
Accrued liabilities NA 395 493 609 498
Taxes accrued 32 25 26 31 61
Interest accrued 52 57 62 63 103
Liabilities of discontinued operations 3,824 NA NA NA NA
Other 239 153 144 112 151
Total current liabilities 1,236 1,241 1,533 2,392 1,747

Regulatory and other long-term liabilities

Advances for construction 376 368 349 300 279
Deferred income taxes, net 1,841 2,034 2,310 2,596 2,862
Deferred investment tax credits 26 25 24 23 23
Regulatory liabilities 373 392 402 403 408
Accrued pension expense 109 316 342 419 421
Accrued postretirement benefit expense 88 193 169 87 84
Other 39 37 68 67 74
Total regulatory and other long-term liabilities 2,852 3,365 3,664 3,895 4,151
Contributions in aid of construction 1,043 1,075 1,121 1,218 1,264
Commitments and contingencies 0 0 0 NA NA
TOTAL CAPITALIZATION AND LIABILITIES 15,088 16,038 17,241 18,482 19,361
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.