2015 Q2 Form 10-Q Financial Statement

#000078497715000034 Filed on July 28, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $450.0M $423.0M
YoY Change 6.38% 4.96%
Cost Of Revenue $185.0M $209.0M
YoY Change -11.48% -5.0%
Gross Profit $265.0M $214.0M
YoY Change 23.83% 16.94%
Gross Profit Margin 58.89% 50.59%
Selling, General & Admin $60.00M $56.00M
YoY Change 7.14% 1.82%
% of Gross Profit 22.64% 26.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $76.00M $73.00M
YoY Change 4.11% 17.74%
% of Gross Profit 28.68% 34.11%
Operating Expenses $164.0M $156.0M
YoY Change 5.13% -19.59%
Operating Profit $72.00M $58.00M
YoY Change 24.14% -627.27%
Interest Expense $28.00M $23.00M
YoY Change 21.74% -8.0%
% of Operating Profit 38.89% 39.66%
Other Income/Expense, Net $6.000M $10.00M
YoY Change -40.0% 233.33%
Pretax Income $50.00M $45.00M
YoY Change 11.11% -236.36%
Income Tax $15.00M $10.00M
% Of Pretax Income 30.0% 22.22%
Net Earnings $35.00M $35.00M
YoY Change 0.0% -259.09%
Net Earnings / Revenue 7.78% 8.27%
Basic Earnings Per Share $0.44 $0.44
Diluted Earnings Per Share $0.44 $0.43
COMMON SHARES
Basic Shares Outstanding 80.75M shares 78.18M shares
Diluted Shares Outstanding 80.75M shares 80.05M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $150.0M $99.00M
YoY Change 51.52% -35.29%
Cash & Equivalents $122.0M $97.00M
Short-Term Investments $28.00M $2.000M
Other Short-Term Assets $97.00M $98.00M
YoY Change -1.02% 25.64%
Inventory $101.0M $85.00M
Prepaid Expenses
Receivables $122.0M $121.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $646.0M $513.0M
YoY Change 25.93% -18.18%
LONG-TERM ASSETS
Property, Plant & Equipment $5.874B $5.324B
YoY Change 10.33% 17.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $51.00M $47.00M
YoY Change 8.51% -4.08%
Total Long-Term Assets $6.552B $5.886B
YoY Change 11.31% 13.87%
TOTAL ASSETS
Total Short-Term Assets $646.0M $513.0M
Total Long-Term Assets $6.552B $5.886B
Total Assets $7.198B $6.399B
YoY Change 12.49% 10.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $125.0M $181.0M
YoY Change -30.94% 69.16%
Accrued Expenses $127.0M $127.0M
YoY Change 0.0% -2.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $55.00M $70.00M
YoY Change -21.43% 40.0%
Total Short-Term Liabilities $509.0M $457.0M
YoY Change 11.38% 5.06%
LONG-TERM LIABILITIES
Long-Term Debt $2.204B $2.071B
YoY Change 6.42% 22.84%
Other Long-Term Liabilities $23.00M $24.00M
YoY Change -4.17% 33.33%
Total Long-Term Liabilities $2.227B $2.095B
YoY Change 6.3% 22.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $509.0M $457.0M
Total Long-Term Liabilities $2.227B $2.095B
Total Liabilities $4.977B $4.527B
YoY Change 9.94% 12.22%
SHAREHOLDERS EQUITY
Retained Earnings $1.037B $962.0M
YoY Change 7.8% 9.57%
Common Stock $1.191B $914.0M
YoY Change 30.31% 2.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.221B $1.871B
YoY Change
Total Liabilities & Shareholders Equity $7.198B $6.399B
YoY Change 12.49% 10.4%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $35.00M $35.00M
YoY Change 0.0% -259.09%
Depreciation, Depletion And Amortization $76.00M $73.00M
YoY Change 4.11% 17.74%
Cash From Operating Activities $114.0M $144.0M
YoY Change -20.83% 26.32%
INVESTING ACTIVITIES
Capital Expenditures -$135.0M -$316.0M
YoY Change -57.28% 107.89%
Acquisitions
YoY Change
Other Investing Activities $64.00M $1.000M
YoY Change 6300.0%
Cash From Investing Activities -$71.00M -$315.0M
YoY Change -77.46% 107.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $271.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 52.00M 204.0M
YoY Change -74.51% 64.52%
NET CHANGE
Cash From Operating Activities 114.0M 144.0M
Cash From Investing Activities -71.00M -315.0M
Cash From Financing Activities 52.00M 204.0M
Net Change In Cash 95.00M 33.00M
YoY Change 187.88% -61.63%
FREE CASH FLOW
Cash From Operating Activities $114.0M $144.0M
Capital Expenditures -$135.0M -$316.0M
Free Cash Flow $249.0M $460.0M
YoY Change -45.87% 72.93%

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40000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
20000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22000000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
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33000000 USD
CY2015Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
33000000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
625000000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
648000000 USD
CY2014Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
73000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
148000000 USD
CY2015Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
76000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
151000000 USD
CY2014Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
1000000 USD
CY2015Q2 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
1000000 USD
CY2014Q4 us-gaap Derivative Liabilities Current
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106000000 USD
CY2015Q2 us-gaap Derivative Liabilities Current
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101000000 USD
CY2014Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
122000000 USD
CY2015Q2 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
187000000 USD
CY2015Q2 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
274000000 USD
CY2014Q4 us-gaap Dividends Payable Current
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23000000 USD
CY2015Q2 us-gaap Dividends Payable Current
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27000000 USD
CY2014Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
23000000 USD
CY2015Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
27000000 USD
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.19
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.07
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.16
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.07
CY2014Q2 us-gaap Electric Production Expense
ElectricProductionExpense
67000000 USD
us-gaap Electric Production Expense
ElectricProductionExpense
121000000 USD
CY2015Q2 us-gaap Electric Production Expense
ElectricProductionExpense
66000000 USD
us-gaap Electric Production Expense
ElectricProductionExpense
128000000 USD
CY2014Q2 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
423000000 USD
us-gaap Electric Utility Revenue
ElectricUtilityRevenue
916000000 USD
CY2015Q2 us-gaap Electric Utility Revenue
ElectricUtilityRevenue
450000000 USD
us-gaap Electric Utility Revenue
ElectricUtilityRevenue
923000000 USD
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
51000000 USD
CY2015Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
43000000 USD
CY2014Q4 us-gaap Energy Related Inventory
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82000000 USD
CY2015Q2 us-gaap Energy Related Inventory
EnergyRelatedInventory
101000000 USD
CY2014Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
2000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
-5000000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
-2000000 USD
CY2014Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0 USD
CY2014Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0 USD
CY2014Q4 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
103000000 USD
CY2015Q2 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
52000000 USD
CY2014Q4 us-gaap Financial Instruments Owned Corporate Debt At Fair Value
FinancialInstrumentsOwnedCorporateDebtAtFairValue
11000000 USD
CY2015Q2 us-gaap Financial Instruments Owned Corporate Debt At Fair Value
FinancialInstrumentsOwnedCorporateDebtAtFairValue
11000000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
191000000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
209000000 USD
us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
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us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
63000000 USD
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
56000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
110000000 USD
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
60000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
120000000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
45000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
123000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
50000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
110000000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30000000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25000000 USD
us-gaap Income Taxes Paid
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11000000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1000000 USD
us-gaap Increase Decrease In Accounts Payable
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-29000000 USD
us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Inventories
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20000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
19000000 USD
us-gaap Increase Decrease In Margin Deposits Outstanding
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us-gaap Increase Decrease In Margin Deposits Outstanding
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17000000 USD
us-gaap Increase Decrease In Other Operating Assets
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9000000 USD
us-gaap Increase Decrease In Other Operating Assets
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14000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-6000000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-7000000 USD
us-gaap Increase Decrease In Receivables
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-55000000 USD
us-gaap Increase Decrease In Receivables
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-32000000 USD
us-gaap Increase Decrease In Risk Management Assets And Liabilities
IncreaseDecreaseInRiskManagementAssetsAndLiabilities
84000000 USD
us-gaap Increase Decrease In Risk Management Assets And Liabilities
IncreaseDecreaseInRiskManagementAssetsAndLiabilities
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CY2014Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
365000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
365000000000 shares
CY2015Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
306000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
306000000000 shares
CY2014Q2 us-gaap Interest Expense
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23000000 USD
us-gaap Interest Expense
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48000000 USD
CY2015Q2 us-gaap Interest Expense
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28000000 USD
us-gaap Interest Expense
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58000000 USD
us-gaap Interest Paid Net
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45000000 USD
us-gaap Interest Paid Net
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56000000 USD
CY2014Q4 us-gaap Interest Payable Current And Noncurrent
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26000000 USD
CY2015Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
25000000 USD
CY2015Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
44000000 USD
CY2014Q4 us-gaap Liabilities
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5131000000 USD
CY2015Q2 us-gaap Liabilities
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4977000000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
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7042000000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
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7198000000 USD
CY2014Q4 us-gaap Liabilities Current
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873000000 USD
CY2015Q2 us-gaap Liabilities Current
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509000000 USD
CY2014Q4 us-gaap Liabilities Fair Value Disclosure
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228000000 USD
CY2015Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
288000000 USD
CY2015Q2 us-gaap Line Of Credit
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38000000 USD
CY2014Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
700000000 USD
CY2015Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
500000000 USD
CY2015Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
462000000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
2501000000 USD
CY2015Q2 us-gaap Long Term Debt
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2259000000 USD
CY2014Q4 us-gaap Long Term Debt Current
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375000000 USD
CY2015Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
55000000 USD
CY2014Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2901000000 USD
CY2015Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2568000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2126000000 USD
CY2015Q2 us-gaap Long Term Debt Noncurrent
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2204000000 USD
CY2013Q2 us-gaap Loss Contingency Actions Taken By Defendant
LossContingencyActionsTakenByDefendant
36
CY2015Q2 us-gaap Loss Contingency Estimate Of Possible Loss
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3000000 USD
CY2013Q2 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
39 claims
CY2015Q2 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
40 claims
CY2015Q2 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
8000000 USD
CY2015Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
16000000 USD
CY2015Q2 us-gaap Loss Contingency Range Of Possible Loss Minimum
LossContingencyRangeOfPossibleLossMinimum
3000000 USD
CY2014Q4 us-gaap Margin Deposit Assets
MarginDepositAssets
11000000 USD
CY2015Q2 us-gaap Margin Deposit Assets
MarginDepositAssets
28000000 USD
CY2014Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
65000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
182000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
302000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
248000000 USD
CY2014Q2 us-gaap Net Income Loss
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35000000 USD
us-gaap Net Income Loss
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93000000 USD
CY2015Q2 us-gaap Net Income Loss
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35000000 USD
us-gaap Net Income Loss
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85000000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
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10000000 USD
us-gaap Nonoperating Income Expense
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15000000 USD
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
6000000 USD
us-gaap Nonoperating Income Expense
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11000000 USD
CY2014Q2 us-gaap Operating Income Loss
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58000000 USD
us-gaap Operating Income Loss
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156000000 USD
CY2015Q2 us-gaap Operating Income Loss
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72000000 USD
us-gaap Operating Income Loss
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157000000 USD
CY2014Q4 us-gaap Other Assets
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CY2015Q2 us-gaap Other Assets
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CY2014Q4 us-gaap Other Assets Current
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115000000 USD
CY2015Q2 us-gaap Other Assets Current
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CY2014Q4 us-gaap Other Assets Noncurrent
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48000000 USD
CY2015Q2 us-gaap Other Assets Noncurrent
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51000000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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0 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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0 USD
CY2014Q4 us-gaap Other Liabilities Current
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236000000 USD
CY2015Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
228000000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
21000000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
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23000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Other Noncash Income Expense
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CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000000 USD
CY2014Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
105000000 USD
CY2015Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
105000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments Of Dividends
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43000000 USD
us-gaap Payments Of Dividends
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44000000 USD
us-gaap Payments Of Stock Issuance Costs
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12000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
10000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
7000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
501000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
313000000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
17000000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
19000000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
237000000 USD
CY2015Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
243000000 USD
CY2015Q2 us-gaap Pledged Financial Instruments Not Separately Reported Securities For Letter Of Credit Facilities
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesForLetterOfCreditFacilities
59000000 USD
CY2014Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2015Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
39000000 USD
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
32000000 USD
CY2014Q4 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
PriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
7000000 USD
CY2015Q2 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
PriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
4000000 USD
CY2014Q4 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
PriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
228000000 USD
CY2015Q2 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
PriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
288000000 USD
us-gaap Proceeds From Decommissioning Fund
ProceedsFromDecommissioningFund
0 USD
us-gaap Proceeds From Decommissioning Fund
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50000000 USD
us-gaap Proceeds From Income Tax Refunds
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0 USD
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
23000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
271000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
225000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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145000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
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9000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
7000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Profit Loss
ProfitLoss
93000000 USD
us-gaap Profit Loss
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85000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8578000000 USD
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8858000000 USD
us-gaap Provision For Doubtful Accounts
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4000000 USD
us-gaap Provision For Doubtful Accounts
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3000000 USD
CY2014Q2 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
9000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
15000000 USD
CY2015Q2 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
5000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
9000000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
2899000000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
2984000000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
417000000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
557000000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
5679000000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
5874000000 USD
CY2014Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
8161000000 USD
CY2015Q2 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
8301000000 USD
CY2015Q2 us-gaap Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
0.5
CY2014Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
133000000 USD
CY2015Q2 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
117000000 USD
CY2014Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
494000000 USD
CY2015Q2 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
552000000 USD
CY2014Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
60000000 USD
CY2015Q2 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
53000000 USD
CY2014Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
906000000 USD
CY2015Q2 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
923000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
387000000 USD
CY2015Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
12000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1000000000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1037000000 USD
CY2015Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY1997 us-gaap Site Contingency Names Of Other Potentially Responsible Parties
SiteContingencyNamesOfOtherPotentiallyResponsibleParties
69
us-gaap Site Contingency Names Of Other Potentially Responsible Parties
SiteContingencyNamesOfOtherPotentiallyResponsibleParties
100
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1911000000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2221000000 USD
CY2014Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
27000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
55000000 USD
CY2015Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
28000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
58000000 USD
CY2014Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
22000000 USD
CY2015Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
21000000 USD
CY2014Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
14000000 USD
CY2015Q2 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
13000000 USD
CY2014Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
93000000 USD
CY2015Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
87000000 USD
CY2014Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1868000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1588000 shares
CY2015Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80051000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79742000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80745000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79515000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78183000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78154000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80745000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
79515000 shares
us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Generally, a maximum obligation is not explicitly stated in the indemnification provisions and, therefore, the overall maximum amount of the obligation under such indemnifications cannot be reasonably estimated. PGE periodically evaluates the likelihood of incurring costs under such indemnities based on the Company&#8217;s historical experience and the evaluation of the specific indemnities. </font></div></div>

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