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Consolidated Statements of Financial Position (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 105 $ 131
Short-term investments 50 58
Receivables    
Energy marketing 786 677
Gas 385 362
Unbilled revenues 268 235
Other 119 89
Less allowance for uncollectible accounts 29 28
Total receivables, net 1,529 1,335
Inventories    
Natural gas 637 679
Other 30 29
Total inventories 667 708
Regulatory assets 162 145
Derivative instruments 99 130
Prepaid expenses 65 141
Other 56 20
Total current assets 2,733 2,668
Long-term assets and other deferred debits    
Property, plant and equipment 11,104 10,478
Less accumulated depreciation 2,323 2,131
Property, plant and equipment, net 8,781 8,347
Goodwill 1,888 1,837
Regulatory assets 737 944
Intangible assets 173 96
Long-term investments 119 136
Pension assets 117 33
Derivative instruments 20 14
Other 88 66
Total long-term assets and other deferred debits 11,923 11,473
Total assets 14,656 [1] 14,141 [1]
Current liabilities    
Short-term debt 1,171 1,377
Energy marketing trade payables 671 611
Other accounts payable - trade 432 334
Regulatory liabilities 183 161
Customer deposits and credit balances 136 143
Accrued taxes 85 53
Derivative instruments 75 33
Accrued wages and salaries 73 34
Accrued environmental remediation liabilities 70 57
Accrued interest 52 53
Accrued regulatory infrastructure program costs 5 121
Current portion of long-term debt and capital leases   226
Other 169 135
Total current liabilities 3,122 3,338
Long-term debt 3,813 3,327
Accumulated deferred income taxes 1,667 1,588
Regulatory liabilities 1,518 1,477
Accrued pension and retiree welfare benefits 404 508
Accrued environmental remediation liabilities 377 387
Derivative instruments 5 6
Other 74 75
Total long-term liabilities and other deferred credits 7,858 7,368
Total liabilities and other deferred credits 10,980 10,706
Common shareholders’ equity    
Common stock, $5 par value; 750,000,000 shares authorized; outstanding: 118,888,876 shares at December 31, 2013 and 117,855,075 shares at December 31, 2012 595 590
Additional paid-in capital 2,054 2,014
Retained earnings 1,126 1,035
Accumulated other comprehensive loss (136) [2] (218) [2]
Treasury shares, at cost: 216,523 shares at December 31, 2013 and 2012 (8) (8)
Total common shareholders’ equity 3,631 3,413
Noncontrolling interest 45 22
Total equity 3,676 3,435
Total liabilities and equity $ 14,656 $ 14,141
[1] Identifiable assets are those dedicated to each segment's operations.
[2] All amounts are net of income taxes. Amounts in parentheses indicate debits to accumulated other comprehensive loss.