2016 Q2 Form 10-Q Financial Statement

#000100415516000202 Filed on July 26, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q4 2015 Q2

Balance Sheet

Concept 2016 Q2 2015 Q4 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $15.00M $19.00M $25.00M
Short-Term Investments
Other Short-Term Assets $16.00M $21.00M $14.00M
YoY Change 14.29% -46.15%
Inventory $427.0M $651.0M $421.0M
Prepaid Expenses $60.00M $218.0M $51.00M
Receivables $746.0M $932.0M $829.0M
Other Receivables $110.0M
Total Short-Term Assets $1.474B $2.115B $1.572B
YoY Change -6.23% -26.72%
LONG-TERM ASSETS
Property, Plant & Equipment $10.15B $9.791B $9.379B
YoY Change 8.2% 7.71%
Goodwill $1.813B $1.813B $1.827B
YoY Change -0.77% -0.77% 0.0%
Intangibles $101.0M $109.0M $112.0M
YoY Change -9.82% -12.8%
Long-Term Investments $90.00M $80.00M $75.00M
YoY Change 20.0% 0.0%
Other Assets $273.0M $256.0M $303.0M
YoY Change -9.9% 201.18%
Total Long-Term Assets $13.01B $12.64B $12.26B
YoY Change 6.12% 5.31%
TOTAL ASSETS
Total Short-Term Assets $1.474B $2.115B $1.572B
Total Long-Term Assets $13.01B $12.64B $12.26B
Total Assets $14.49B $14.75B $13.84B
YoY Change 4.72% -0.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $221.0M $200.0M $183.0M
YoY Change 20.77% -12.66%
Deferred Revenue
YoY Change
Short-Term Debt $114.0M $1.010B $459.0M
YoY Change -75.16% -14.04%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.205B $3.000B $2.047B
YoY Change 7.72% -6.8%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $89.00M $102.0M $73.00M
YoY Change 21.92% 22.89%
Total Long-Term Liabilities $8.309B $7.779B $7.799B
YoY Change 6.54% -0.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.205B $3.000B $2.047B
Total Long-Term Liabilities $8.309B $7.779B $7.799B
Total Liabilities $10.51B $10.78B $9.846B
YoY Change 6.78% -2.54%
SHAREHOLDERS EQUITY
Retained Earnings $1.424B $1.421B $1.425B
YoY Change -0.07% 8.31%
Common Stock $605.0M $603.0M $601.0M
YoY Change 0.67% 0.67%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.000M $8.000M $8.000M
YoY Change 0.0% 0.0%
Treasury Stock Shares 216.5K shares 216.5K shares 216.5K shares
Shareholders Equity $3.933B $3.929B $3.948B
YoY Change
Total Liabilities & Shareholders Equity $14.49B $14.75B $13.84B
YoY Change 4.72% -0.9%

Cashflow Statement

Concept 2016 Q2 2015 Q4 2015 Q2

Facts In Submission

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dei Document Period End Date
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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us-gaap Increase Decrease In Accounts Payable Trade
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Revenues
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114000000 USD
us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
-13000000 USD
us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
-9000000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
6000000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
6000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
15000000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
17000000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
3948000000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
3929000000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
3933000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3828000000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3989000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3975000000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3933000000 USD
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
216523 shares
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
216523 shares
CY2016Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
216523 shares
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
8000000 USD
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
8000000 USD
CY2016Q2 us-gaap Treasury Stock Value
TreasuryStockValue
8000000 USD
CY2015Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
19000000 USD
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
20000000 USD
CY2016Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
24000000 USD
CY2015Q2 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
38000000 USD
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
114000000 USD
CY2016Q2 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
37000000 USD
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
99000000 USD
CY2015Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
200000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
119700000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120500000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119400000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120200000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:2px;padding-top:2px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Accounting Estimates </font></div><div style="line-height:120%;padding-bottom:2px;padding-top:2px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of our financial statements in conformity with GAAP requires us to use judgment and make estimates that affect the reported amounts of assets, liabilities, revenues and expenses and the related disclosures. Our estimates are based on historical experience and various other assumptions that we believe to be reasonable under the circumstances. Our estimates may involve complex situations requiring a high degree of judgment either in the application and interpretation of existing accounting literature or in the development of estimates that impact our financial statements. The most significant estimates relate to the accounting for our rate-regulated subsidiaries, goodwill and other intangible assets, derivatives and hedging activities, uncollectible accounts and other allowances for contingent losses, retirement plan benefit obligations and provisions for income taxes. We evaluate our estimates on an ongoing basis, and our actual results could differ from our estimates. </font></div></div>

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