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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 200.5 $ 44.0
Restricted cash 0 8.7
Receivables, less allowance for uncollectibles of $1.5 and $1.3 at Dec. 31, 2012 and 2011, respectively 282.7 327.7
Inventories, at average cost    
Fuel 123.6 136.8
Materials and supplies 82.1 87.3
Derivative assets 0 0.9
Regulatory assets 70.3 87.3
Deferred income taxes 63.3 72.7
Prepayments and other current assets 33.9 31.9
Income tax receivables 0.4 0.6
Total current assets 856.8 797.9
Property, plant and equipment    
Electric 6,655.8 6,731.7
Gas 1,228.3 1,169.9
Construction work in progress 336.1 247.4
Other property 443.8 432.3
Property, plant and equipment, at original costs 8,664.0 8,581.3
Accumulated depreciation (2,673.9) (2,613.5)
Total property, plant and equipment, net 5,990.1 5,967.8
Deferred debits    
Regulatory assets 382.6 364.5
Derivative assets 0.2 0
Goodwill 0 55.4
Deferred charges and other assets 126.8 136.6
Total deferred debits 509.6 556.5
Total assets 7,356.5 7,322.2
Current liabilities    
Recourse 0 374.9
Long-term debt due within one year 0 386.1
Non-recourse 0 11.2
Accounts payable 232.8 252.3
Customer deposits 162.9 159.5
Regulatory liabilities 106.7 86.2
Derivative liabilities 14.6 58.4
Interest accrued 33.2 39.3
Taxes accrued 32.1 20.7
Other 19.9 17.2
Total current liabilities 602.2 1,019.7
Deferred credits    
Deferred income taxes 277.9 150.8
Investment tax credits 9.7 10.0
Regulatory liabilities 651.9 619.4
Derivative liabilities 0.6 8.6
Deferred credits and other liabilities 549.7 559.2
Long-term debt, less amount due within one year    
Recourse 2,972.7 2,665.0
Non-recourse 0 22.3
Total other liabilities 4,462.5 4,035.3
Capital    
Common equity (400.0 million shares authorized; par value $1; 216.6 million and 215.8 million shares outstanding at Dec. 31, 2012 and 2011, respectively) 216.6 215.8
Additional paid in capital 1,564.5 1,553.4
Retained earnings 541.7 519.4
Accumulated other comprehensive loss (31.0) (22.0)
TECO Energy capital 2,291.8 2,266.6
Noncontrolling interest 0 0.6
Long-term debt, less amount due within one year 2,972.7 2,687.3
Total capital 2,291.8 2,267.2
Total liabilities and capital 7,356.5 7,322.2
TAMPA ELECTRIC CO [Member]
   
Current assets    
Cash and cash equivalents 45.2 13.9
Receivables, less allowance for uncollectibles of $1.5 and $1.3 at Dec. 31, 2012 and 2011, respectively 213.8 216.8
Inventories, at average cost    
Fuel 89.1 97.9
Materials and supplies 72.4 67.7
Regulatory assets 70.3 87.3
Deferred income taxes 20.0 30.4
Prepayments and other current assets 11.5 10.5
Income tax receivables 22.1 14.6
Total current assets 544.4 539.1
Property, plant and equipment    
Electric 6,654.5 6,516.0
Gas 1,171.9 1,113.5
Construction work in progress 335.0 239.2
Other property 7.3 6.5
Property, plant and equipment, at original costs 8,161.4 7,868.7
Accumulated depreciation (2,352.0) (2,230.3)
Public utilities, property, plant and equipment, net 5,809.4 5,638.4
Total property, plant and equipment, net 5,816.7 5,644.9
Deferred debits    
Unamortized debt expense 16.1 14.1
Regulatory assets 382.6 364.5
Derivative assets 0.2 0
Other 6.2 8.8
Total deferred debits 405.1 387.4
Total assets 6,766.2 6,571.4
Current liabilities    
Long-term debt due within one year 0 374.9
Accounts payable 188.6 191.3
Customer deposits 163.0 159.5
Regulatory liabilities 106.7 86.2
Derivative liabilities 14.1 58.4
Interest accrued 17.3 25.6
Taxes accrued 13.7 11.9
Other 11.8 11.6
Total current liabilities 515.2 919.4
Deferred credits    
Deferred income taxes 980.9 833.0
Investment tax credits 9.7 10.0
Regulatory liabilities 651.9 619.4
Derivative liabilities 0.2 7.4
Other 409.4 412.4
Total deferred credits 2,052.1 1,882.2
Long-term debt, less amount due within one year    
Commitments and Contingencies      
Capital    
Common equity (400.0 million shares authorized; par value $1; 216.6 million and 215.8 million shares outstanding at Dec. 31, 2012 and 2011, respectively) 1,970.4 1,852.4
Retained earnings 304.6 305.7
Accumulated other comprehensive loss (8.7) (4.6)
Total capital 2,266.3 2,153.5
Long-term debt, less amount due within one year 1,932.6 1,616.3
Total capital 4,198.9 3,769.8
Total liabilities and capital $ 6,766.2 $ 6,571.4