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Condensed Consolidated Statements of Financial Position (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Mar. 31, 2011
Current assets      
Cash and cash equivalents $ 71 $ 69 $ 85
Short-term investments 57 53 0
Receivables      
Energy marketing receivables 386 607 565
Gas, unbilled and other receivables 577 692 367
Less allowance for uncollectible accounts 19 15 21
Total receivables 944 1,284 911
Inventories, net 464 750 361
Derivative instruments – current portion 218 226 111
Regulatory assets – current portion 137 131 [1] 73
Other current assets 131 233 46
Total current assets 2,022 2,746 1,587
Long-term assets and other deferred debits      
Property, plant and equipment 9,920 9,779 6,348
Less accumulated depreciation 1,947 1,879 1,830
Property, plant and equipment, net 7,973 7,900 4,518
Goodwill 1,813 1,813 418
Regulatory assets – noncurrent portion 1,057 1,079 [1] 434
Derivative instruments – noncurrent portion 48 62 29
Other 326 313 40
Total long-term assets and other deferred debits 11,217 11,167 5,439
Total assets 13,239 [2] 13,913 [3] 7,026 [2]
Current liabilities      
Energy marketing trade payables 425 590 628
Accounts payable – trade 205 294 154
Regulatory liabilities – current portion 173 112 [1] 77
Accrued expenses 145 162 141
Accrued regulatory infrastructure program costs – current portion 149 131 69
Short-term debt 730 1,321 25
Derivative instruments – current portion 93 99 25
Accrued environmental remediation liabilities – current portion 39 37 15
Other current liabilities 389 338 179
Total current liabilities 2,348 3,084 1,313
Long-term liabilities and other deferred credits      
Long-term debt 3,558 3,561 2,173
Accumulated deferred income taxes 1,447 1,445 803
Regulatory liabilities – noncurrent portion 1,431 1,405 [1] 296
Accrued pension obligations 228 238 153
Accrued regulatory infrastructure program costs 110 145 143
Accrued environmental remediation liabilities 289 290 126
Accrued other retirement benefit costs 318 320 34
Derivative instruments – noncurrent portion 10 11 3
Other long-term liabilities and other deferred credits 74 75 62
Total long-term liabilities and other deferred credits 7,465 7,490 3,793
Total liabilities and other deferred credits 9,813 10,574 5,106
Equity      
AGL Resources Inc. common shareholders’ equity, $5 par value; 750,000,000 shares authorized 3,410 3,318 1,903
Noncontrolling interest 16 21 17
Total equity 3,426 3,339 1,920
Total liabilities and equity $ 13,239 $ 13,913 $ 7,026
[1] The increase in regulatory assets and liabilities from March 31, 2011, includes $545 million related to the addition of Nicor Gas' regulatory assets and includes $1,330 million related to the addition of Nicor Gas' regulatory liabilities.
[2] Identifiable assets are those used in each segment's operations.
[3] Identifiable assets are those assets used in each segment's operations.