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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS    
Accounts Receivable, after Allowance for Credit Loss, Current $ 249.9 $ 162.3
Cash and cash equivalents 4.9 0.0
Accrued unbilled revenues 97.2 65.0
Income taxes receivable 2.5 2.6
Fuel inventories 80.6 40.6
Materials and supplies, at average cost 130.9 117.9
Fuel clause under recoveries 271.7 151.9
Other 866.0 73.3
Total current assets 1,703.7 613.6
OTHER PROPERTY AND INVESTMENTS    
Equity Securities, FV-NI, Cost [1] 382.0 785.1
Other 105.1 120.0
Total other property and investments 487.1 905.1
PROPERTY, PLANT AND EQUIPMENT    
In service 14,285.6 13,899.8
Construction work in progress 270.4 252.0
Total property, plant and equipment 14,556.0 14,151.8
Less: accumulated depreciation 4,438.0 4,318.9
Net property, plant and equipment 10,118.0 9,832.9
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 505.1 1,230.8
Other 24.1 24.0
Total deferred charges and other assets 529.2 1,254.8
TOTAL ASSETS 12,838.0 12,606.4
CURRENT LIABILITIES    
Short-term debt 425.4 486.9
Accounts payable 297.1 274.0
Dividends payable 82.1 82.1
Customer deposits 81.8 81.1
Accrued taxes 110.4 52.9
Accrued interest 40.9 40.8
Accrued compensation 37.9 37.7
Long-term Debt, Current Maturities 999.8 0.0
Other 50.0 34.1
Total current liabilities 2,125.4 1,089.6
LONG-TERM DEBT 3,547.6 4,496.4
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 146.8 159.8
Deferred income taxes 1,328.6 1,333.3
Deferred investment tax credits 13.8 12.8
Regulatory liabilities 1,205.3 1,231.1
Other 213.6 227.1
Total deferred credits and other liabilities 2,908.1 2,964.1
Total liabilities 8,581.1 8,550.1
COMMITMENTS AND CONTINGENCIES (NOTE 13)
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,129.5 1,125.8
Retained earnings 3,143.6 2,955.4
Accumulated other comprehensive loss, net of tax (16.1) (24.8)
Treasury Stock, Carrying Basis (0.1) (0.1)
Total stockholders' equity 4,256.9 4,056.3
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 12,838.0 12,606.4
OG&E [Member]    
CURRENT ASSETS    
Accounts Receivable, after Allowance for Credit Loss, Current 231.5 162.0
Cash and cash equivalents 4.9 0.0
Accrued unbilled revenues 97.2 65.0
Fuel inventories 80.6 40.6
Materials and supplies, at average cost 130.9 117.9
Fuel clause under recoveries 271.7 151.9
Other 858.0 67.7
Total current assets 1,674.8 605.1
OTHER PROPERTY AND INVESTMENTS    
Total other property and investments 3.8 3.9
PROPERTY, PLANT AND EQUIPMENT    
In service 14,279.5 13,893.7
Construction work in progress 270.4 252.0
Total property, plant and equipment 14,549.9 14,145.7
Less: accumulated depreciation 4,438.0 4,318.9
Net property, plant and equipment 10,111.9 9,826.8
DEFERRED CHARGES AND OTHER ASSETS    
Regulatory assets 505.1 1,230.8
Other 21.6 21.4
Total deferred charges and other assets 526.7 1,252.2
TOTAL ASSETS 12,317.2 11,688.0
CURRENT LIABILITIES    
Short-term debt 90.9 0.0
Accounts payable 279.3 240.6
Advances from parent 263.8 101.3
Customer deposits 81.8 81.1
Accrued taxes 48.6 50.8
Accrued interest 40.5 40.4
Accrued compensation 29.7 27.8
Long-term Debt, Current Maturities 499.9 0.0
Other 49.9 33.8
Total current liabilities 1,384.4 575.8
LONG-TERM DEBT 3,497.8 3,996.5
DEFERRED CREDITS AND OTHER LIABILITIES    
Accrued benefit obligations 70.4 75.1
Deferred income taxes 1,208.7 1,000.4
Deferred investment tax credits 13.8 12.8
Regulatory liabilities 1,205.3 1,231.1
Other 192.8 193.5
Total deferred credits and other liabilities 2,691.0 2,512.9
Total liabilities 7,573.2 7,085.2
STOCKHOLDERS' EQUITY    
Common stockholders' equity 1,573.2 1,571.7
Retained earnings 3,170.8 3,031.1
Total stockholders' equity 4,744.0 4,602.8
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 12,317.2 $ 11,688.0
[1] As of June 30, 2022, OGE Energy has sold 57.1 million of the 95.4 million Energy Transfer limited partner units it received as a result of the merger transaction between Enable and Energy Transfer in December 2021.