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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Estimated Useful Lives of Depreciable Property

Other TECO Energy subsidiaries compute depreciation primarily by the straight-line method at annual rates that amortize the original cost, less net salvage value, of depreciable property over the following estimated useful lives:

 

Asset

 

Estimated Useful Lives

Building and improvements

 

40 years

 

 

 

Office equipment and furniture

 

4 - 7 years

 

 

 

Computer software

 

3 - 15 years

 

Schedule of Fuel Inventory

 

Fuel Inventory

 

Dec. 31,

 

 

Dec. 31,

 

(millions)

 

2015

 

 

2014

 

TEC

 

$

105.6

 

 

$

85.2

 

NMGC

 

 

7.8

 

 

 

11.2

 

Total

 

$

113.4

 

 

$

96.4