XML 55 R43.htm IDEA: XBRL DOCUMENT v3.6.0.2
Long-Term Debt and Capital Lease Obligations (Tables)
 12 Months Ended
Dec. 31, 2016
Long-term Debt and Capital Lease Obligations [Abstract]  
Long-term debt outstanding maturities
The following table shows the future maturities of our long-term debt outstanding (excluding obligations under capital leases) as of December 31, 2016:
(in millions)
 
 
2017
 
$
—

2018
 
250.0

2019
 
250.0

2020
 
—

2021
 
300.0

Thereafter
 
1,887.0

Total
 
$
2,687.0
Capital lease payments
We paid the following lease payments during 2016, 2015, and 2014:
(in millions)
 
2016
 
2015
 
2014
Long-term power purchase commitment
 
$
37.6

 
$
36.2

 
$
34.9

PWGS 
 
82.4

 
103.8

 
99.2

ERGS
 
329.8

 
306.7

 
277.8

Total
 
$
449.8

 
$
446.7

 
$
411.9
Summary of capitalized leased facilities
The following table summarizes our capitalized leased facilities as of December 31:
(in millions)
 
2016
 
2015
Long-term power purchase commitment
 
 
 
 
Under capital lease
 
$
140.3

 
$
140.3

Accumulated amortization
 
(109.5
)
 
(103.9
)
Total long-term power purchase commitment
 
$
30.8

 
$
36.4

 
 
 
 
 
PWGS 
 
 
 
 
Under capital lease
 
$
704.2

 
$
692.5

Accumulated amortization
 
(274.7
)
 
(245.7
)
Total PWGS 
 
$
429.5

 
$
446.8

 
 
 
 
 
ERGS
 
 
 
 
Under capital lease
 
$
2,053.5

 
$
2,043.9

Accumulated amortization
 
(453.6
)
 
(385.4
)
Total ERGS
 
$
1,599.9

 
$
1,658.5

 
 
 
 
 
Total leased facilities
 
$
2,060.2

 
$
2,141.7
Future minimum lease payments under capital lease and present value of net minimum lease payments
Future minimum lease payments under our capital leases and the present value of our net minimum lease payments as of December 31, 2016 are as follows:
(in millions)
 
Power Purchase Commitment
 
PWGS
 
ERGS
 
Total
2017
 
$
13.9

 
$
102.7

 
$
315.4

 
$
432.0

2018
 
14.7

 
102.7

 
315.4

 
432.8

2019
 
15.5

 
102.7

 
315.4

 
433.6

2020
 
16.4

 
102.7

 
315.4

 
434.5

2021
 
17.2

 
102.7

 
315.4

 
435.3

Thereafter
 
7.6

 
1,020.2

 
5,828.7

 
6,856.5

Total minimum lease payments
 
85.3

 
1,533.7

 
7,405.7

 
9,024.7

Less: Estimated executory costs
 
(39.9
)
 
—

 
—

 
(39.9
)
Net minimum lease payments
 
45.4

 
1,533.7

 
7,405.7

 
8,984.8

Less: Interest
 
(15.8
)
 
(897.6
)
 
(5,286.4
)
 
(6,199.8
)
Present value of minimum lease payments
 
29.6

 
636.1

 
2,119.3

 
2,785.0

Less: Due currently
 
(2.7
)
 
(13.9
)
 
(11.9
)
 
(28.5
)
Long-term obligations under capital lease
 
$
26.9

 
$
622.2

 
$
2,107.4

 
$
2,756.5