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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 35,343 $ 5,555
Accounts receivable    
Allowance for doubtful accounts (5,684) (5,694)
Accounts receivable, net of allowance for doubtful accounts of $5,684 and $5,694 at March 31, 2014 and December 31, 2013, respectively 299,118 257,545
Inventories    
Storage gas inventory 19,444 32,095
Materials and supplies 16,071 16,601
Liquified natural gas in storage 1,381 3,634
Regulatory assets 1,283 2,756
Income tax receivable 848 5,765
Assets held for sale 1,871 51,104
Deferred income taxes 53,843 41,299
Prepayments and other 9,827 10,877
Total current assets 439,029 427,231
Property, Plant and Equipment    
Oil and gas properties, successful efforts method 7,130,801 6,864,375
Less accumulated depreciation, depletion and amortization 1,898,950 1,776,802
Oil and gas properties, net 5,231,851 5,087,573
Utility plant 1,503,696 1,491,433
Less accumulated depreciation 615,519 605,924
Utility plant, net 888,177 885,509
Other property, net 33,690 30,556
Total property, plant and equipment, net 6,153,718 6,003,638
Other Assets    
Regulatory assets 82,570 84,890
Other postretirement assets 35,769 35,351
Long-term derivative instruments 2,638 5,439
Deferred charges and other 66,666 65,663
Total other assets 187,643 191,343
TOTAL ASSETS 6,780,390 6,622,212
Current Liabilities    
Long-term debt due within one year 60,000 60,000
Notes payable to banks 575,000 539,000
Accounts payable 300,069 250,756
Accrued taxes 55,534 36,228
Customer deposits 21,654 21,692
Amounts due customers 6,397 16,990
Accrued wages and benefits 17,758 33,884
Regulatory liabilities 80,698 49,006
Royalty payable 61,344 51,519
Liabilities related to assets held for sale 3,410 18,545
Other 28,620 32,273
Total current liabilities 1,210,484 1,109,893
Long-term debt 1,328,442 1,343,464
Deferred Credits and Other Liabilities    
Asset retirement obligations 110,729 108,533
Pension liabilities 72,465 67,675
Regulatory liabilities 83,240 94,125
Long-term derivative instruments 1,011 398
Deferred income taxes 1,037,898 1,013,245
Other 24,994 26,860
Total deferred credits and other liabilities 1,330,337 1,310,836
Commitments and Contingencies      
Shareholders’ Equity    
Preferred stock, cumulative $0.01 par value 0 0
Common shareholders’ equity    
Common stock, $0.01 par value 757 756
Premium on capital stock 528,632 520,909
Capital surplus 2,802 2,802
Retained earnings 2,519,025 2,476,616
Accumulated other comprehensive income (loss), net of tax    
Unrealized gain on hedges, net 10,851 13,362
Pension and postretirement plans (26,632) (32,245)
Interest rate swap (1,010) (1,184)
Deferred compensation plan 3,241 3,259
Treasury stock, at cost: 2,965,849 shares and 2,967,999 shares at March 31, 2014 and December 31, 2013, respectively (126,539) (126,256)
Total shareholders’ equity 2,911,127 2,858,019
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 6,780,390 6,622,212
Alabama Gas Corporation
   
Current Assets    
Cash and cash equivalents 34,069 3,032
Accounts receivable    
Gas 109,601 103,301
Other 5,104 5,447
Affiliated companies 3,967 4,662
Allowance for doubtful accounts (5,000) (5,000)
Inventories    
Storage gas inventory 19,444 32,095
Materials and supplies 5,188 5,471
Liquified natural gas in storage 1,381 3,634
Regulatory assets 1,283 2,756
Income tax receivable 0 3,644
Deferred income taxes 19,820 20,049
Prepayments and other 3,768 4,654
Total current assets 198,625 183,745
Property, Plant and Equipment    
Utility plant 1,503,696 1,491,433
Less accumulated depreciation 615,519 605,924
Utility plant, net 888,177 885,509
Other property, net 40 41
Other Assets    
Regulatory assets 82,570 84,890
Other postretirement assets 26,813 26,457
Deferred charges and other 17,117 17,433
Total other assets 126,500 128,780
TOTAL ASSETS 1,213,342 1,198,075
Current Liabilities    
Notes payable to banks 0 50,000
Accounts payable 52,938 48,653
Accrued taxes 47,247 28,027
Customer deposits 21,654 21,692
Amounts due customers 6,397 16,990
Accrued wages and benefits 6,343 7,682
Regulatory liabilities 80,698 49,006
Other 10,155 10,113
Total current liabilities 225,432 232,163
Long-term debt 249,895 249,923
Deferred Credits and Other Liabilities    
Pension liabilities 19,982 20,191
Regulatory liabilities 83,240 94,125
Deferred income taxes 206,669 205,631
Other 11,311 11,462
Total deferred credits and other liabilities 321,202 331,409
Commitments and Contingencies      
Shareholders’ Equity    
Preferred stock, cumulative $0.01 par value 0 0
Common shareholders’ equity    
Common stock, $0.01 par value 20 20
Premium on capital stock 31,682 31,682
Capital surplus 2,802 2,802
Retained earnings 382,309 350,076
Accumulated other comprehensive income (loss), net of tax    
Total shareholders’ equity 416,813 384,580
Total capitalization 666,708 634,503
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,213,342 $ 1,198,075