XML 26 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 341,421 $ 196,813
Restricted cash 17,558 30,872
Accounts receivable and unbilled revenues, net 281,216 300,794
Available-for-sale investment securities, at fair value 1,970,417 1,232,826
Held-to-maturity investment securities, at amortized cost 226,947 139,451
Stock in Federal Home Loan Bank, at cost 8,680 8,434
Loans and leases receivable before fees, gross 5,232,642 5,067,821
Loans held for sale, at lower of cost or fair value 28,275 12,286
Property, plant and equipment, net    
Land 103,428 100,161
Plant and equipment 7,851,185 7,545,083
Construction in progress 214,266 229,953
Property, plant and equipment, gross 8,168,879 7,875,197
Less – accumulated depreciation (2,903,144) (2,765,569)
Total property, plant and equipment, net 5,265,735 5,109,628
Operating lease right-of-use-assets 153,069 199,171
Regulatory assets 766,708 715,080
Other 629,149 649,885
Goodwill 82,190 82,190
Total assets 15,004,007 13,745,251
Liabilities    
Accounts payable 182,347 220,633
Interest and dividends payable 23,547 24,941
Deposit liabilities 7,386,957 6,271,902
Short-term borrowings—other than bank 129,379 185,710
Other bank borrowings 89,670 115,110
Long-term debt, net—other than bank 2,119,129 1,964,365
Deferred income taxes 395,089 379,324
Operating lease liabilities 160,432 199,571
Regulatory liabilities 959,786 972,310
Defined benefit pension and other postretirement benefit plans liability 567,438 513,287
Other 618,438 583,545
Total liabilities 12,632,212 11,430,698
Preferred stock of subsidiaries - not subject to mandatory redemption 34,293 34,293
Commitments and contingencies (Notes 3 and 4)
Shareholders’ equity    
Preferred stock, no par value, authorized 10,000,000 shares; issued: none 0 0
Common stock, no par value, authorized 200,000,000 shares; issued and outstanding: 109,181,124 shares and 108,973,328 shares at December 31, 2020 and 2019, respectively 1,678,368 1,678,257
Retained earnings 660,398 622,042
Accumulated other comprehensive income (loss), net of taxes    
Net unrealized gains on securities 19,986 2,481
Unrealized losses on derivatives (3,363) (1,613)
Retirement benefit plans (17,887) (20,907)
Accumulated other comprehensive income (loss), net of taxes (1,264) (20,039)
Total shareholders’ equity 2,337,502 2,280,260
Total capitalization and liabilities $ 15,004,007 $ 13,745,251