v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and Cash Equivalents $ 343,693 $ 26,656
Receivables, Net (net of allowance for uncollectible accounts) 1,711,940 1,651,325
Unbilled Revenues 185,013 242,169
Materials, Supplies, Natural Gas and REC Inventory 549,162 594,568
Regulatory Assets 1,823,417 2,189,660
Current Assets Held for Sale 56,785 56,327
Prepayments and Other Current Assets 234,761 315,368
Total Current Assets 4,904,771 5,076,073
Property, Plant and Equipment, Net 42,303,414 40,986,578
Deferred Debits and Other Assets:    
Regulatory Assets 4,908,519 4,880,974
Goodwill 3,571,333 3,571,333
Prepaid Pension and PBOP 1,389,846 1,336,633
Marketable Securities 316,593 320,272
Long-Term Assets Held for Sale 2,661,591 2,611,145
Other Long-Term Assets 900,033 811,521
Total Deferred Debits and Other Assets 13,747,915 13,531,878
Total Assets 60,956,100 59,594,529
Current Liabilities:    
Notes Payable 1,270,500 2,042,793
Long-Term Debt – Current Portion 1,950,348 1,003,150
Rate Reduction Bonds – Current Portion 43,210 43,210
Accounts Payable 1,512,911 1,736,880
Accrued Interest 360,813 341,558
Regulatory Liabilities 834,793 632,282
Current Liabilities Held for Sale 58,887 52,593
Other Current Liabilities 849,488 868,491
Total Current Liabilities 6,880,950 6,720,957
Deferred Credits and Other Liabilities:    
Accumulated Deferred Income Taxes 5,523,975 5,411,206
Regulatory Liabilities 4,076,390 4,032,564
Asset Retirement Obligations 595,250 590,890
Accrued SERP and PBOP 95,296 95,400
Long-Term Liabilities Held for Sale 399,146 398,859
Other Long-Term Liabilities 1,048,275 1,123,999
Total Deferred Credits and Other Liabilities 11,738,332 11,652,918
Long-Term Debt 26,212,992 25,701,627
Rate Reduction Bonds 302,467 324,072
Noncontrolling Interest – Preferred Stock of Subsidiaries 155,568 155,568
Common Shareholders' Equity:    
Common Shares 1,895,516 1,878,622
Capital Surplus, Paid In 9,665,374 9,428,905
Retained Earnings 4,279,915 3,929,141
Accumulated Other Comprehensive Loss (23,912) (26,472)
Treasury Stock (151,102) (170,809)
Common Shareholders' Equity 15,665,791 15,039,387
Commitments and Contingencies (Note 9)
Total Liabilities and Capitalization $ 60,956,100 $ 59,594,529