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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 $ 81 $ 108
Short-term investments 49 56
Receivables    
Energy marketing 786 672
Gas 385 362
Unbilled revenues 268 235
Other 83 60
Less allowance for uncollectible accounts 29 28
Total receivables, net 1,493 1,301
Inventories    
Natural gas 637 679
Other 21 20
Total inventories 658 699
Assets held for sale 283 291
Regulatory assets 114 [1] 98 [1]
Derivative instruments 99 130
Prepaid expenses 63 132
Other 55 21
Total current assets 2,895 2,836
Long-term assets and other deferred debits    
Property, plant and equipment 10,938 10,319
Less accumulated depreciation 2,295 [1] 2,114 [1]
Property, plant and equipment, net 8,643 [1] 8,205 [1]
Goodwill 1,827 1,776
Regulatory assets 705 [1] 939 [1]
Intangible assets 145 [1] 71 [1]
Long-term investments 113 128
Pension assets 117 33
Derivative instruments 20 14
Other 85 68
Total long-term assets and other deferred debits 11,655 11,234
Total assets 14,550 14,070
Current liabilities    
Short-term debt 1,171 1,377
Energy marketing trade payables 671 611
Other accounts payable - trade 421 325
Regulatory liabilities 183 [1] 161 [1]
Customer deposits and credit balances 136 143
Accrued taxes 85 51
Derivative instruments 75 33
Accrued environmental remediation liabilities 70 57
Accrued wages and salaries 66 27
Accrued interest 52 53
Liabilities held for sale 40 39
Accrued regulatory infrastructure program costs 5 121
Current portion of long-term debt and capital leases   226
Other 143 112
Total current liabilities 3,118 3,336
Long-term liabilities and other deferred credits    
Long-term debt 3,813 3,327
Accumulated deferred income taxes 1,628 1,561
Regulatory liabilities 1,518 [1] 1,477 [1]
Accrued pension and retiree welfare benefits 404 508
Accrued environmental remediation liabilities 377 387
Derivative instruments 5 6
Other 74 77
Total long-term liabilities and other deferred credits 7,819 7,343
Total liabilities and other deferred credits 10,937 10,679
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 2,015
Retained earnings 1,063 [2] 990 [2]
Accumulated other comprehensive loss (136) [3] (218) [3]
Treasury shares, at cost: 216,523 shares at December 31, 2013 and 2012 (8) (8)
Total common shareholders’ equity 3,568 3,369
Noncontrolling interest 45 22
Total equity 3,613 3,391
Total liabilities and equity $ 14,550 $ 14,070
[1] Amounts revised to include prior period adjustments. See Note 15 for additional information.
[2] Reflects cumulative effects of adjustments for all periods. The impacts to each year are reflected in the tables on next page.
[3] All amounts are net of income taxes. Amounts in parentheses indicate debits to accumulated other comprehensive loss.