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Consolidated Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents [1] $ 292,168 $ 175,542
Accounts receivable and unbilled revenues, net 255,365 313,696
Available-for-sale investment securities, at fair value 590,648 550,394
Stock in Federal Home Loan Bank of Seattle, at cost 63,711 69,302
Loans receivable held for investment, net 4,401,504 4,389,033
Loans held for sale, at lower of cost or fair value 9,906 8,424
Property, plant and equipment, net of accumulated depreciation of $2,258,065 and $2,250,950 at the respective dates 4,190,835 4,148,774
Regulatory assets 905,589 905,264
Other 481,531 542,523
Goodwill 82,190 82,190
Total assets 11,273,447 11,185,142
Liabilities    
Accounts payable 167,784 186,425
Interest and dividends payable 25,225 25,336
Deposit liabilities 4,751,328 4,623,415
Short-term borrowings—other than bank 30,500 118,972
Other bank borrowings 312,094 290,656
Long-term debt, net—other than bank 1,506,546 1,506,546
Deferred income taxes 640,778 633,570
Regulatory liabilities 351,712 344,849
Contributions in aid of construction 474,385 466,432
Defined benefit pension and other postretirement benefit plans liability 624,555 632,845
Other 456,338 531,230
Total liabilities 9,341,245 9,360,276
Preferred stock of subsidiaries - not subject to mandatory redemption $ 34,293 $ 34,293
Commitments and contingencies
Shareholders’ equity    
Preferred stock, no par value, authorized 10,000,000 shares; issued: none $ 0 $ 0
Common stock, no par value, authorized 200,000,000 shares; issued and outstanding: 107,417,644 shares and 102,565,266 shares at the respective dates 1,624,549 1,521,297
Retained earnings 296,680 296,654
Accumulated other comprehensive loss, net of tax benefits (23,320) (27,378)
Total shareholders’ equity 1,897,909 1,790,573
Total liabilities and shareholders’ equity $ 11,273,447 $ 11,185,142
[1] As restated - See Note 1, “Basis of presentation - Restatement of previously issued financial statements.”