Financial Fundamentals

Annual Balance Sheet

  Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Restated) Year Ending Dec 2014 (Update)
Cash & Equivalents 120.00 261.00 607.00 318.00
Cash and Short Term Investments 120.00 261.00 607.00 318.00
Accounts Receivable - Trade, Gross 1,677.00 1,541.00 1,232.00 1,548.00
Provision for Doubtful Accounts -17.00 -18.00 -32.00 -34.00
Accounts Receivable - Trade, Net 1,660.00 1,523.00 1,200.00 1,514.00
Receivables - Other 126.00 183.00 169.00 119.00
Total Receivables, Net 1,786.00 1,706.00 1,369.00 1,633.00
Inventories - Raw Materials 1,049.00 1,087.00 0.00 923.00
Gas in Storage - Inventory 100.00 96.00 0.00 74.00
Fuel - Inventory 328.00 341.00 0.00 413.00
Total Inventory 1,477.00 1,524.00 1,348.00 1,410.00
Prepaid Expenses 260.00 194.00 198.00 167.00
Deferred Income Tax - Current Asset 0.00 0.00 0.00 800.00
Discontinued Operations - Current Asset 0.00 0.00 0.00 0.00
Other Current Assets 691.00 563.00 667.00 1,287.00
Other Current Assets, Total 691.00 563.00 667.00 2,087.00
Total Current Assets 4,334.00 4,248.00 4,189.00 5,615.00
Land/Improvements - Gross 0.00 0.00 0.00 0.00
Machinery/Equipment - Gross 6,444.00 5,568.00 0.00 3,290.00
Other Property/Plant/Equipment - Gross 732.00 706.00 0.00 782.00
Property/Plant/Equipment, Total - Gross 7,176.00 6,274.00 0.00 4,072.00
Property/Plant/Equipment, Total - Net 7,176.00 6,274.00 0.00 4,072.00
Goodwill, Net 6,405.00 6,399.00 3,294.00 3,044.00
Intangibles - Gross 1,043.00 955.00 0.00 887.00
Accumulated Intangible Amortization -358.00 -337.00 0.00 -317.00
Intangibles, Net 685.00 618.00 0.00 570.00
Utility Plant - Gross 67,647.00 63,282.00 57,776.00 47,334.00
Utility Plant Accumulated Depreciation -21,065.00 -19,592.00 -16,222.00 -15,136.00
Utility Plant, Net 46,582.00 43,690.00 41,554.00 32,198.00
Total Utility Plant, Net 46,582.00 43,690.00 41,554.00 32,198.00
LT Investment - Affiliate Companies 1,544.00 1,561.00 1,320.00 1,081.00
LT Investments - Other 5,420.00 4,782.00 4,454.00 4,480.00
Long Term Investments 6,964.00 6,343.00 5,774.00 5,561.00
Pension Benefits - Overfunded 1,378.00 1,078.00 943.00 956.00
Restricted Cash - Long Term 0.00 0.00 0.00 0.00
Other Long Term Assets 3,061.00 2,960.00 2,894.00 2,311.00
Other Long Term Assets, Total 4,439.00 4,038.00 3,837.00 3,267.00
Total Assets 76,585.00 71,610.00 58,648.00 54,327.00
Accounts Payable 875.00 1,000.00 726.00 952.00
Accrued Expenses 848.00 798.00 515.00 566.00
Notes Payable/Short Term Debt 3,298.00 3,155.00 3,509.00 2,775.00
Current Portion of Long Term Debt/Capital Leases 3,078.00 1,709.00 1,825.00 1,375.00
Dividends Payable 0.00 0.00 0.00 0.00
Other Current Liabilities 1,537.00 1,453.00 1,544.00 1,530.00
Other Current liabilities, Total 1,537.00 1,453.00 1,544.00 1,530.00
Total Current Liabilities 9,636.00 8,115.00 8,119.00 7,198.00
Long Term Debt 30,948.00 30,231.00 23,468.00 21,805.00
Total Long Term Debt 30,948.00 30,231.00 23,468.00 21,805.00
Total Debt 37,324.00 35,095.00 28,802.00 25,955.00
Deferred Income Tax - Long Term Liability 4,523.00 8,602.00 7,414.00 7,444.00
Deferred Income Tax 4,523.00 8,602.00 7,414.00 7,444.00
Minority Interest 2,228.00 2,235.00 938.00 402.00
Reserves 2,169.00 2,236.00 1,887.00 1,633.00
Pension Benefits - Underfunded 2,160.00 2,112.00 0.00 1,296.00
Other Long Term Liabilities 7,779.00 3,474.00 4,158.00 2,994.00
Other Liabilities, Total 12,108.00 7,822.00 6,045.00 5,923.00
Total Liabilities 59,443.00 57,005.00 45,984.00 42,772.00
Redeemable Preferred Stock 0.00 0.00 0.00 0.00
Redeemable Preferred Stock, Total 0.00 0.00 0.00 0.00
Common Stock 9,865.00 8,550.00 6,680.00 5,876.00
Common Stock, Total 9,865.00 8,550.00 6,680.00 5,876.00
Additional Paid-In Capital 0.00 0.00 0.00 0.00
Retained Earnings (Accumulated Deficit) 7,936.00 6,854.00 6,458.00 6,095.00
Unrealized Gain (Loss) 747.00 569.00 504.00 548.00
Minimum Pension Liability Adjustment -1,101.00 -1,082.00 -797.00 -782.00
Other Comprehensive Income -305.00 -286.00 -181.00 -182.00
Other Equity, Total -1,406.00 -1,368.00 -978.00 -964.00
Total Equity 17,142.00 14,605.00 12,664.00 11,555.00
Total Liabilities & Shareholders' Equity 76,585.00 71,610.00 58,648.00 54,327.00
Shares Outstanding – Common Stock Primary Issue 645.00 628.00 596.00 585.00
Total Common Shares Outstanding 645.00 628.00 596.00 585.00
Treasury Shares – Common Primary Issue 0.00 0.00 0.00 0.00
Employees 16,200.00 16,200.00 14,700.00 14,400.00
Number of Common Shareholders 123,000.00 126,500.00 129,000.00 132,000.00
Accumulated Intangible Amortization 358.00 337.00 0.00 317.00
Total Current Assets less Inventory 2,857.00 2,724.00 2,841.00 4,205.00
Quick Ratio 0.30 0.34 0.35 0.58
Current Ratio 0.45 0.52 0.52 0.78
Net Debt 39,432.00 37,069.00 29,133.00 26,039.00
Tangible Book Value 10,052.00 7,588.00 9,370.00 7,941.00
Tangible Book Value per Share 15.58 12.08 15.72 13.57
Total Long Term Debt, Supplemental 34,293.00 32,192.00 0.00 23,200.00
Long Term Debt Maturing within 1 Year 3,311.00 1,711.00 0.00 861.00
Long Term Debt Maturing in Year 2 4,286.00 3,295.00 0.00 1,327.00
Long Term Debt Maturing in Year 3 2,035.00 3,371.00 0.00 1,429.00
Long Term Debt Maturing in Year 4 2,185.00 1,719.00 0.00 1,350.00
Long Term Debt Maturing in Year 5 1,534.00 2,169.00 0.00 2,550.00
Long Term Debt Maturing in 2-3 Years 6,321.00 6,666.00 0.00 2,756.00
Long Term Debt Maturing in 4-5 Years 3,719.00 3,888.00 0.00 3,900.00
Long Term Debt Maturing in Year 6 & Beyond 20,942.00 19,927.00 0.00 15,683.00
Total Operating Leases 635.00 508.00 0.00 327.00
Operating Lease Payments Due in Year 1 68.00 72.00 0.00 63.00
Operating Lease Payments Due in Year 2 63.00 69.00 0.00 57.00
Operating Lease Payments Due in Year 3 56.00 58.00 0.00 49.00
Operating Lease Payments Due in Year 4 48.00 39.00 0.00 43.00
Operating Lease Payments Due in Year 5 39.00 32.00 0.00 36.00
Operating Lease Payments Due in 2-3 Years 119.00 127.00 0.00 106.00
Operating Lease Payments Due in 4-5 Years 87.00 71.00 0.00 79.00
Standardized Operating Lease Payments Due in Year 6 and Beyond 361.00 238.00 0.00 79.00
Pension Obligation - Domestic 9,052.00 8,132.00 0.00 6,667.00
Post-Retirement Obligation 1,529.00 1,478.00 0.00 1,571.00
Plan Assets - Domestic 8,062.00 7,016.00 0.00 6,480.00
Plan Assets - Post-Retirement 1,729.00 1,512.00 0.00 1,402.00
Funded Status - Domestic -990.00 -1,116.00 0.00 -187.00
Funded Status - Post-Retirement 200.00 34.00 0.00 -169.00
Accumulated Obligation - Domestic 8,200.00 7,300.00 0.00 6,000.00
Accumulated Obligation - Post-Retirement 1,529.00 1,478.00 0.00 1,571.00
Total Funded Status -790.00 -1,082.00 0.00 -356.00
Discount Rate - Domestic 3.81 4.50 0.00 4.40
Discount Rate - Post-Retirement 3.76 4.47 0.00 4.40
Compensation Rate - Domestic 4.09 4.09 0.00 4.21
Compensation Rate - Post-Retirement 4.11 3.29 0.00 4.22
Prepaid Benefits - Domestic 1,117.00 930.00 0.00 946.00
Prepaid Benefits - Post-Retirement 0.00 0.00 0.00 0.00
Accrued Liabilities - Domestic -2,107.00 -2,046.00 0.00 -1,133.00
Accrued Liabilities - Post-Retirement -61.00 -114.00 0.00 -179.00
Other Assets, Net - Domestic 3,189.00 3,204.00 0.00 2,389.00
Other Assets, Net - Post-Retirement -157.00 -136.00 0.00 -94.00
Net Assets Recognized on Balance Sheet 1,981.00 1,838.00 0.00 1,929.00
Equity % - Domestic 37.87 37.53 0.00 62.89
Equity % - Post-Retirement 48.12 47.22 0.00 87.02
Debt Securities % - Domestic 52.59 52.72 0.00 19.80
Debt Securities % - Post-Retirement 46.79 47.95 0.00 4.85
Real Estate % - Domestic 1.38 1.72 0.00 3.84
Real Estate % - Post-Retirement 0.52 0.60 0.00 1.50
Private Investments % - Domestic 0.00 0.00 0.00 0.00
Private Investments % - Foreign 0.00 0.00 0.00 0.00
Other Investments % - Domestic 8.16 8.02 0.00 13.47
Other Investments % - Post-Retirement 4.57 4.23 0.00 6.63
Total Plan Obligations 10,581.00 9,610.00 0.00 8,238.00
Total Plan Assets 9,791.00 8,528.00 0.00 7,882.00

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In millions of USD (except for per share items)