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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Property, plant and equipment, at cost $ 10,795,110 $ 8,201,936
Less: accumulated depreciation 1,905,274 1,856,146
Net property, plant and equipment 8,889,836 6,345,790
Current assets:    
Cash and cash equivalents 31,848 1,868,922
Accounts receivable, net 179,572 67,137
Unbilled revenues 83,979 40,483
Inventory - materials and supplies 22,224 18,379
Inventory - gas stored 11,693  
Prepayments and other current assets 32,024 16,259
Regulatory assets 5,110 2,389
Assets held for sale 1,558 1,558
Total current assets 368,008 2,015,127
Regulatory assets 1,186,102 875,743
Deferred charges and other assets, net 61,754 42,652
Investment in joint venture 5,473 5,984
Funds restricted for construction activity 1,223  
Goodwill 2,351,526 63,822
Operating lease right-of-use assets 65,064 12,867
Total assets 12,928,986 9,361,985
Stockholders' equity:    
Common stock at $0.50 par value, authorized 300,000,000 shares, issued 248,234,603 and 223,871,284 as of March 31, 2020 and December 31, 2019 124,117 111,935
Capital in excess of par value 3,361,586 2,636,555
Retained earnings 1,209,501 1,210,072
Treasury stock, at cost, 3,194,287 and 3,112,565 shares as of March 31, 2020 and December 31, 2019 (82,041) (77,702)
Total stockholders' equity 4,613,163 3,880,860
Long-term debt, excluding current portion 4,757,427 2,972,349
Less: debt issuance costs 28,393 29,022
Long-term debt, excluding current portion, net of debt issuance costs 4,729,034 2,943,327
Commitments and contingencies (See Note 15)
Current liabilities:    
Current portion of long-term debt 115,011 105,051
Loans payable 381,005 25,724
Accounts payable 115,611 74,919
Book overdraft   10,944
Accrued interest 51,871 29,818
Accrued taxes 41,876 22,775
Regulatory liabilities 31,663 4,612
Other accrued liabilities 90,337 49,618
Total current liabilities 827,374 323,461
Deferred credits and other liabilities:    
Deferred income taxes and investment tax credits 1,192,900 936,158
Customers' advances for construction 99,447 95,556
Regulatory liabilities 640,503 512,987
Asset retirement obligations 49,272  
Operating lease liabilities 60,970 11,645
Pension and other postretirement benefit liabilities 110,018 69,406
Other 48,864 33,059
Total deferred credits and other liabilities 2,201,974 1,658,811
Contributions in aid of construction 557,441 555,526
Total liabilities and equity $ 12,928,986 $ 9,361,985