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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 13,859 $ 27,741
Accounts receivable 104,262 100,998
Inventory 25,777 30,892
Regulatory assets 14,736 5,393
Prepaid and other current assets 10,608 7,281
Total current assets 169,242 172,305
Property, plant and equipment (net of accumulated depreciation and amortization of $1,487,713 and $1,388,217, respectively) 6,109,639 5,496,875
Other assets    
Goodwill 950,163 950,163
Intangible assets (net of accumulated amortization of $28,242 and $24,917, respectively) 45,602 48,794
Regulatory assets 233,376 223,712
Deferred financing fees (net of accumulated amortization of $17,515 and $15,972, respectively) 29,298 30,311
Other 44,802 37,418
Total other assets 1,303,241 1,290,398
TOTAL ASSETS [1] 7,582,122 6,959,578 [2]
Current liabilities    
Accounts payable 124,331 107,969
Accrued payroll 24,123 23,502
Accrued interest 52,577 50,538
Accrued taxes 44,256 41,614
Regulatory liabilities 44,964 39,972
Refundable deposits from generators for transmission network upgrades 2,534 10,376
Debt maturing within one year 395,334 175,000
Other 31,034 14,043
Total current liabilities 719,153 463,014
Accrued pension and postretirement liabilities 61,609 69,562
Deferred income taxes 735,426 642,051
Regulatory liabilities 254,788 160,070
Refundable deposits from generators for transmission network upgrades 18,077 9,384
Other 23,075 17,354
Long-term debt $ 4,060,923 $ 3,928,586
Commitments and contingent liabilities (Notes 4 and 16)
STOCKHOLDERS’ EQUITY    
Common stock, without par value, 300,000,000 shares authorized, 152,699,077 and 155,140,967 shares issued and outstanding at December 31, 2015 and 2014, respectively $ 829,211 $ 923,191
Retained earnings 875,595 741,550
Accumulated other comprehensive income 4,265 4,816
Total stockholders’ equity 1,709,071 1,669,557
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 7,582,122 $ 6,959,578
[1] Reconciliation of total assets results primarily from differences in the netting of deferred tax assets and liabilities at our Regulated Operating Subsidiaries as compared to the classification in our consolidated statements of financial position.
[2] Amounts reflect the change in the authoritative guidance on the presentation of deferred income taxes on the balance sheet. Refer to Notes 3 and 10 for more information.