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CONSOLIDATED BALANCE SHEET (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current Assets    
Unrestricted cash and temporary cash investments $ 23,655 $ 90,281
Restricted cash 5,063 2,399
Electric distribution and transmission accounts receivable less allowance of $3,400 and $3,600, respectively 96,763 93,702
Gas distribution accounts receivable less allowance of $9,960 and $6,971, respectively 99,925 112,290
Unbilled revenues 54,699 81,659
Current regulatory assets 81,257 115,848
Natural gas in storage, at average cost 80,155 108,080
Deferred income taxes 28,597 24,039
Refundable taxes, net 13,709 10,165
Current portion of derivative assets (Note A), (Note K) 10,615 6,057
Other accounts receivable 10,618 28,181
Other current assets 18,040 24,720
Total Current Assets 523,096 697,421
Other investments    
Equity investment in Related Party (Note H) 69,486 62,786
Other 23,373 22,931
Total Other investments 92,859 85,717
Net Property, Plant and Equipment 2,438,161 2,327,450
Regulatory Assets (future amounts due from customers through the ratemaking process) 963,236 925,889
Deferred Charges and Other Assets    
Unamortized debt issuance expenses 17,311 19,238
Related party note receivable (Note H) 63,033 61,983
Other long-term receivable 1,280 1,281
Derivative assets (Note A), (Note K) 73,679 28,131
Goodwill (Note N) 302,184 298,890
Other 12,194 9,433
Total Deferred Charges and Other Assets 469,681 418,956
Total Assets 4,487,033 4,455,433
Current Liabilities    
Line of credit borrowings 0 7,000
Current portion of long-term debt 102,056 154,114
Accounts payable 170,316 199,816
Dividends payable 21,846 21,801
Accrued liabilities 59,264 80,488
Current regulatory liabilities 78,315 53,601
Interest accrued 21,255 22,868
Current portion of derivative liabilities (Note A), (Note K) 28,905 13,246
Total Current Liabilities 481,957 552,934
Noncurrent Liabilities    
Pension accrued 211,158 265,564
Connecticut Yankee contract obligation 15,759 17,175
Other post-retirement benefits accrued 92,172 89,813
Derivative liabilities (Note A), (Note K) 240,601 129,560
Other 73,433 75,119
Total Noncurrent Liabilities 633,123 577,231
Deferred Income Taxes (future tax liabilities owed to taxing authorities) 393,624 354,164
Regulatory Liabilities (future amounts owed to customers through the ratemaking process) 366,916 382,366
Commitments and Contingencies (Note J)    
Capitalization (Note B)    
Long-term debt, net of unamortized discount and premium 1,508,223 1,511,768
Preferred Stock of Subsidiary    
Redeemable preferred stock, noncontrolling interests 828 828
Common Stock Equity    
Common stock 930,271 927,494
Paid-in capital 17,773 17,026
Retained earnings 154,006 131,456
Accumulated other comprehensive income 312 166
Net Common Stock Equity 1,102,362 1,076,142
Total Capitalization 2,611,413 2,588,738
Total Liabilities and Capitalization $ 4,487,033 $ 4,455,433