2018 Q2 Form 10-Q Financial Statement

#000078497718000034 Filed on July 27, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $449.0M $449.0M
YoY Change 0.0% 4.91%
Cost Of Revenue $177.0M $177.0M
YoY Change 0.0% -13.24%
Gross Profit $272.0M $272.0M
YoY Change 0.0% 21.43%
Gross Profit Margin 60.58% 60.58%
Selling, General & Admin $70.00M $65.00M
YoY Change 7.69% 6.56%
% of Gross Profit 25.74% 23.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $93.00M $86.00M
YoY Change 8.14% 3.61%
% of Gross Profit 34.19% 31.62%
Operating Expenses $194.0M $182.0M
YoY Change 6.59% 4.6%
Operating Profit $80.00M $69.00M
YoY Change 15.94% 7.81%
Interest Expense $31.00M $30.00M
YoY Change 3.33% 11.11%
% of Operating Profit 38.75% 43.48%
Other Income/Expense, Net $3.000M $3.000M
YoY Change 0.0% -66.67%
Pretax Income $52.00M $42.00M
YoY Change 23.81% -8.7%
Income Tax $6.000M $10.00M
% Of Pretax Income 11.54% 23.81%
Net Earnings $46.00M $32.00M
YoY Change 43.75% -13.51%
Net Earnings / Revenue 10.24% 7.13%
Basic Earnings Per Share $0.51
Diluted Earnings Per Share $0.51 $359.1K
COMMON SHARES
Basic Shares Outstanding 89.22M shares 89.07M shares
Diluted Shares Outstanding 89.22M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.00M $34.00M
YoY Change 61.76% -68.52%
Cash & Equivalents $48.00M $33.00M
Short-Term Investments $7.000M $1.000M
Other Short-Term Assets $56.00M $43.00M
YoY Change 30.23% -32.81%
Inventory $85.00M $82.00M
Prepaid Expenses
Receivables $162.0M $139.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $493.0M $412.0M
YoY Change 19.66% -19.53%
LONG-TERM ASSETS
Property, Plant & Equipment $6.840B $6.573B
YoY Change 4.06% 4.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $55.00M $55.00M
YoY Change 0.0% 7.84%
Total Long-Term Assets $7.416B $7.241B
YoY Change 2.42% 4.43%
TOTAL ASSETS
Total Short-Term Assets $493.0M $412.0M
Total Long-Term Assets $7.416B $7.241B
Total Assets $7.909B $7.653B
YoY Change 3.35% 2.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $103.0M $90.00M
YoY Change 14.44% -21.05%
Accrued Expenses $145.0M $136.0M
YoY Change 6.62% -2.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $300.0M $150.0M
YoY Change 100.0%
Total Short-Term Liabilities $679.0M $512.0M
YoY Change 32.62% 15.84%
LONG-TERM LIABILITIES
Long-Term Debt $2.126B $2.200B
YoY Change -3.36% -5.34%
Other Long-Term Liabilities $198.0M $160.0M
YoY Change 23.75% 92.77%
Total Long-Term Liabilities $2.324B $2.360B
YoY Change -1.53% -1.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $679.0M $512.0M
Total Long-Term Liabilities $2.324B $2.360B
Total Liabilities $5.444B $5.261B
YoY Change 3.48% 2.29%
SHAREHOLDERS EQUITY
Retained Earnings $1.265B $1.196B
YoY Change 5.77% 7.46%
Common Stock $1.208B $1.203B
YoY Change 0.42% 0.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.465B $2.392B
YoY Change
Total Liabilities & Shareholders Equity $7.909B $7.653B
YoY Change 3.35% 2.78%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $46.00M $32.00M
YoY Change 43.75% -13.51%
Depreciation, Depletion And Amortization $93.00M $86.00M
YoY Change 8.14% 3.61%
Cash From Operating Activities $144.0M $163.0M
YoY Change -11.66% -7.91%
INVESTING ACTIVITIES
Capital Expenditures -$135.0M -$131.0M
YoY Change 3.05% -30.32%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$1.000M
YoY Change -100.0% -150.0%
Cash From Investing Activities -$135.0M -$132.0M
YoY Change 2.27% -29.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.00M -29.00M
YoY Change 6.9% -129.59%
NET CHANGE
Cash From Operating Activities 144.0M 163.0M
Cash From Investing Activities -135.0M -132.0M
Cash From Financing Activities -31.00M -29.00M
Net Change In Cash -22.00M 2.000M
YoY Change -1200.0% -97.75%
FREE CASH FLOW
Cash From Operating Activities $144.0M $163.0M
Capital Expenditures -$135.0M -$131.0M
Free Cash Flow $279.0M $294.0M
YoY Change -5.1% -19.45%

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CY2018Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
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CY2018Q2 us-gaap Deferred Tax Liabilities Noncurrent
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CY2018Q2 us-gaap Defined Benefit Plan Expected Amortization Of Prior Service Cost Credit Next Fiscal Year
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CY2017Q2 us-gaap Defined Benefit Plan Interest Cost
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us-gaap Defined Benefit Plan Interest Cost
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CY2018Q2 us-gaap Defined Benefit Plan Interest Cost
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us-gaap Defined Benefit Plan Interest Cost
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CY2017Q2 us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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170000000 USD
CY2018Q2 us-gaap Depreciation Depletion And Amortization
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93000000 USD
us-gaap Depreciation Depletion And Amortization
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185000000 USD
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CY2018Q2 us-gaap Derivative Liabilities Current
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51000000 USD
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151000000 USD
CY2018Q2 us-gaap Derivative Liabilities Noncurrent
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31000000 USD
CY2018Q2 us-gaap Dividends Payable Current
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33000000 USD
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us-gaap Earnings Per Share Basic And Diluted
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CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation
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us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation
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CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.065
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2017Q2 us-gaap Electric Domestic Regulated Revenue
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us-gaap Electric Domestic Regulated Revenue
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CY2018Q2 us-gaap Electric Domestic Regulated Revenue
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us-gaap Electric Domestic Regulated Revenue
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us-gaap Electric Production Expense
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CY2018Q2 us-gaap Electric Production Expense
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us-gaap Electric Production Expense
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us-gaap Electric Utility Revenue
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CY2018Q2 us-gaap Electric Utility Revenue
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449000000 USD
us-gaap Electric Utility Revenue
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24000000 USD
us-gaap Electrical Transmission And Distribution Revenue
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52000000 USD
CY2018Q2 us-gaap Electrical Transmission Revenue
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39000000 USD
us-gaap Electrical Transmission Revenue
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CY2018Q2 us-gaap Energy Related Inventory
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CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
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CY2018Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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0 USD
CY2018Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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0 USD
CY2017Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
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0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
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0 USD
CY2018Q2 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
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0 USD
us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Net
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CY2017Q4 us-gaap Financial Instruments Owned At Fair Value
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317000000 USD
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us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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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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52000000 USD
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 Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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273000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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231000 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
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231000 shares
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us-gaap Interest Expense
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us-gaap Interest Expense
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us-gaap Interest Paid Net
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us-gaap Legal Fees
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CY2017Q4 us-gaap Liabilities Fair Value Disclosure
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210000000 USD
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187000000 USD
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CY2018Q2 us-gaap Line Of Credit Facility Current Borrowing Capacity
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220000000 USD
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us-gaap Litigation Settlement Expense
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us-gaap Loss Contingency Damages Sought Value
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CY2018Q2 us-gaap Malpractice Loss Contingency Letters Of Credit And Surety Bonds
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us-gaap Payments To Acquire Investments
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us-gaap Payments To Acquire Property Plant And Equipment
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CY2018Q2 us-gaap Money Market Funds At Carrying Value
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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
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us-gaap Net Cash Provided By Used In Operating Activities
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333000000 USD
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338000000 USD
us-gaap Net Income Loss
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105000000 USD
us-gaap Net Income Loss
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us-gaap Nonoperating Income Expense
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CY2017Q2 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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CY2018Q2 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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180000000 USD
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CY2018Q2 us-gaap Other Assets Current
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CY2017Q4 us-gaap Other Assets Noncurrent
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2017Q4 us-gaap Other Liabilities Current
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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us-gaap Other Nonoperating Income Expense
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CY2018Q2 us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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CY2017Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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106000000 USD
CY2018Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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107000000 USD
CY2018Q2 us-gaap Other Sales Revenue Net
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us-gaap Other Sales Revenue Net
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25000000 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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0 USD
us-gaap Payments Of Dividends
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57000000 USD
us-gaap Pension And Other Postretirement Benefit Expense
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13000000 USD
us-gaap Pension And Other Postretirement Benefit Expense
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13000000 USD
CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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284000000 USD
CY2018Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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280000000 USD
CY2018Q2 us-gaap Pledged Financial Instruments Not Separately Reported Securities For Letter Of Credit Facilities
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64000000 USD
CY2017Q4 us-gaap Preferred Stock No Par Value
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0
CY2018Q2 us-gaap Preferred Stock No Par Value
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0
CY2017Q4 us-gaap Preferred Stock Shares Authorized
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30000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Value
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0 USD
CY2018Q2 us-gaap Preferred Stock Value
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CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
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50000000 USD
CY2018Q2 us-gaap Prepaid Expense And Other Assets Current
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38000000 USD
CY2017Q4 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
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CY2018Q2 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
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4000000 USD
CY2017Q4 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
PriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
210000000 USD
CY2018Q2 us-gaap Price Risk Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
PriceRiskDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
187000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1000000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
11000000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
6000000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
32000000 USD
us-gaap Profit Loss
ProfitLoss
105000000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
46000000 USD
us-gaap Profit Loss
ProfitLoss
110000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10305000000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10547000000 USD
CY2017Q2 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
3000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
5000000 USD
CY2018Q2 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
2000000 USD
us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
6000000 USD
CY2017Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
3564000000 USD
CY2018Q2 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
3707000000 USD
CY2018Q2 us-gaap Public Utilities Property Plant And Equipment Amount Of Construction Work In Process Included In Rate Base
PublicUtilitiesPropertyPlantAndEquipmentAmountOfConstructionWorkInProcessIncludedInRateBase
514000000 USD
CY2017Q4 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
391000000 USD
CY2018Q2 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress
290000000 USD
CY2017Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
6741000000 USD
CY2018Q2 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
6840000000 USD
CY2018Q2 us-gaap Public Utilities Property Plant And Equipment Other Property Plant And Equipment
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipment
640000000 USD
CY2018Q2 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
10257000000 USD
CY2018Q2 us-gaap Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
0.513
CY2017Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
9914000000 USD
us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
23000000 USD
CY2018Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
0 USD
CY2018Q2 us-gaap Regulated Operating Revenue
RegulatedOperatingRevenue
411000000 USD
us-gaap Regulated Operating Revenue
RegulatedOperatingRevenue
865000000 USD
CY2018Q2 us-gaap Regulated Operating Revenue Electric Non Nuclear
RegulatedOperatingRevenueElectricNonNuclear
421000000 USD
us-gaap Regulated Operating Revenue Electric Non Nuclear
RegulatedOperatingRevenueElectricNonNuclear
894000000 USD
CY2018Q2 us-gaap Regulated Operating Revenue Steam
RegulatedOperatingRevenueSteam
207000000 USD
us-gaap Regulated Operating Revenue Steam
RegulatedOperatingRevenueSteam
475000000 USD
CY2017Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
62000000 USD
CY2018Q2 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
56000000 USD
CY2017Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
438000000 USD
CY2018Q2 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
441000000 USD
CY2017Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
31000000 USD
CY2018Q2 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
22000000 USD
CY2017Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
1288000000 USD
CY2018Q2 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
1348000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1217000000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1265000000 USD
CY2017Q2 us-gaap Revenues
Revenues
449000000 USD
us-gaap Revenues
Revenues
979000000 USD
CY2018Q2 us-gaap Revenues
Revenues
449000000 USD
us-gaap Revenues
Revenues
942000000 USD
CY2018Q2 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
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2344000000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2392000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2416000000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2465000000 USD
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
0 USD
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
25000000 USD
CY2017Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
31000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
64000000 USD
CY2018Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
31000000 USD
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
64000000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
31000000 USD
CY2018Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
25000000 USD
CY2017Q4 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
11000000 USD
CY2018Q2 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
10000000 USD
CY2017Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10000000 USD
CY2018Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10000000 USD
CY2017Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
106000000 USD
CY2018Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
86000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0 USD
CY2018Q2 us-gaap Unregulated Operating Revenue
UnregulatedOperatingRevenue
13000000 USD
us-gaap Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
<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;">Certain contracts with customers, primarily wholesale, may include multiple performance obligations. For such arrangements, PGE allocates revenue to each performance obligation based on its relative standalone selling price. PGE generally determines standalone selling prices based on the prices charged to customers.</font></div></div>
CY2017Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
89063000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
89033000 shares
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
89215000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
89188000 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>
us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Revenues related to PGE&#8217;s decoupling mechanism and RAC are considered to be earned under alternative revenue programs, in accordance with the new revenue standard. Such revenues are presented separately from revenues from contracts with customers and classified as Alternative revenue programs, net of amortization on the condensed consolidated statement of income and comprehensive income, as these amounts represent a contract with the regulator and not with customers. The activity within this line item is comprised of current period deferral adjustments, which can either be a collection from or a refund to customers, and is net of any related amortization. When amounts related to alternative revenue programs are ultimately included in prices and customer bills, the amounts are included within Revenues, net, with an equal and offsetting amount of amortization recorded on the Alternative revenue programs, net of amortization line item.</font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br clear="none"/></font></div></div>

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