AVISTA CORPORATION AVA Balance Sheet

Avista corporation (AVA)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Derivative, Collateral, Right to Reclaim Cash
-	-	-	-	-	26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets:
Current Assets:
Cash and Cash Equivalents, at Carrying Value
18	9	14	17	14	14	21	35	26	16	14	13	26	8	7	13	12	10	9	16	22	22	10	207	90	82	91	85	89	75	82	93	72	74	78	69	61	69	56	38	37
Accounts and notes receivable-less allowances of $4,576 and $2,419, respectively
155	166	108	115	170	165	104	117	168	185	125	133	179	180	116	121	149	169	110	136	162	171	124	127	202	221	139	147	190	193	141	148	188	203	155	165	218	230	159	164	210
Materials and supplies, fuel stock and stored natural gas
56	66	67	67	61	63	62	56	49	58	65	61	47	53	58	51	43	54	59	50	43	66	69	49	32	44	56	45	30	47	51	51	36	52	64	47	38	48	56	53	37
Utility energy commodity derivative assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	-	0	0	1	1	3	10	13	3	3	2	4	4	1	1	2	1	0	2	3	2	3	11	7
Investments and funds held for clients
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	95	96	92	92	103	88	114	129	164	118	104	67	52	100	68	54	51
Current portion of long-term energy contract receivable of Spokane Energy
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	9	-
Regulatory assets
13	21	19	38	41	48	21	27	21	44	22	13	11	11	17	15	22	17	16	21	16	29	1	0	0	10	20	27	14	35	41	61	79	69	52	38	33	48	61	32	8
Other current assets
30	40	36	30	60	54	35	22	44	32	46	62	58	49	35	39	37	30	39	43	43	45	38	38	44	57	39	34	39	24	31	28	26	49	34	27	29	31	11	13	15
Disposal Group, Including Discontinued Operation, Assets
-	-	-	-	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current assets
274	305	247	269	364	346	245	259	309	337	316	320	357	351	284	268	279	306	257	289	310	395	265	442	504	549	485	468	507	505	516	555	607	614	548	455	465	579	458	407	418
Utility plant in service
-	-	-	-	-	-	-	-	5,882	-	5,686	5,617	5,543	5,506	5,386	5,303	5,218	5,129	5,007	4,941	4,858	4,718	4,655	4,385	4,341	4,290	4,252	4,185	4,115	4,054	3,994	3,964	3,921	3,887	3,832	3,767	3,725	3,713	3,669	3,621	3,549
Construction work in progress
-	-	-	-	-	-	-	-	165	-	194	169	158	150	165	187	174	202	193	174	148	227	205	191	157	160	137	133	134	143	116	92	80	79	67	74	66	62	58	59	60
Total
-	-	-	-	-	-	-	-	6,047	-	5,881	5,786	5,702	5,656	5,552	5,491	5,393	5,331	5,200	5,115	5,007	4,945	4,860	4,576	4,498	4,450	4,389	4,318	4,249	4,197	4,111	4,056	4,001	3,966	3,900	3,841	3,792	3,775	3,727	3,681	3,609
Less: Accumulated depreciation and amortization
-	-	-	-	-	-	-	-	1,629	-	1,578	1,558	1,533	1,509	1,496	1,501	1,465	1,433	1,416	1,388	1,356	1,325	1,322	1,294	1,271	1,248	1,232	1,214	1,196	1,174	1,170	1,146	1,128	1,105	1,098	1,077	1,060	1,061	1,052	1,038	1,002
Net utility property
4,842	4,797	4,727	4,684	4,626	4,648	4,555	4,485	4,418	4,398	4,303	4,227	4,168	4,147	4,056	3,990	3,927	3,898	3,784	3,726	3,651	3,619	3,537	3,282	3,227	3,202	3,157	3,104	3,053	3,023	2,940	2,910	2,872	2,860	2,801	2,764	2,731	2,714	2,675	2,642	2,607
Investment in exchange power-net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	7	8	-	9	10	10	11	12	12	13	13	14	15	15	16	16	17	18	18	19	20	20	21	21	22	23
Investment in affiliated trusts
-	-	-	-	-	-	-	-	11	-	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11
Goodwill
52	52	52	52	52	57	57	57	57	57	57	57	57	57	57	57	57	57	57	57	57	57	55	5	76	76	76	76	76	75	73	73	73	39	26	26	25	25	24	24	24
Total other non-current assets
-	-	-	-	-	-	-	-	160	-	149	148	145	141	135	148	142	143	140	143	146	151	152	100	225	240	254	256	249	248	249	252	263	212	186	191	21	195	19	19	137
Regulatory assets for deferred income tax
-	-	-	-	-	-	-	-	90	-	123	118	117	109	100	99	100	101	95	96	98	100	64	66	69	71	67	70	72	79	76	79	81	84	86	87	88	90	93	95	97
Total other non-current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	203	-	196	200	-
Regulatory assets for pensions and other postretirement benefits
-	-	-	-	-	-	-	-	206	-	230	234	237	240	223	226	229	235	226	229	232	235	151	153	155	156	292	297	301	306	248	252	256	260	185	190	176	178	134	136	141
Other regulatory assets
750	670	688	630	605	614	576	581	128	619	129	134	137	135	132	111	99	99	94	97	95	91	121	114	105	102	105	105	106	103	102	106	108	119	16	6	2	15	38	102	-
Intangible assets-net of accumulated amortization of $0 and $36,634, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	38	39	41	42	43	46	-	-	-	34	-	-	-	-	-	-	-
Long-term energy contract receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	7	11	14	18	21	24	28	31	34	37	40	43	46	49	52	54	57	59	62	65	67	69	62	65	67	-
Other property and investments-net
254	257	248	240	241	114	121	116	91	101	80	79	76	72	55	64	54	59	43	42	41	42	41	36	48	58	66	64	52	46	92	92	99	45	64	65	75	74	73	74	77
Regulatory asset for interest rate swaps
-	-	-	-	-	-	-	-	151	-	170	168	155	161	246	191	144	83	87	51	112	77	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other regulatory assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	116	105	107	112	101	-	109
Non-current utility energy commodity derivative assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	3	0	0	0	0	1	1	0	2	0	5	13	17	15	5	27	45
Non-current regulatory asset for utility derivatives
-	-	-	-	-	-	-	-	9	-	16	15	15	16	27	24	25	32	34	28	24	24	13	13	11	23	24	31	22	25	30	33	40	40	-	-	-	-	-	-	-
Power deferrals
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	7	10	18	29	28	27
Other deferred charges
-	-	-	-	-	-	-	-	9	-	13	5	6	5	7	6	5	5	18	16	16	4	28	29	13	13	14	13	18	18	24	25	21	21	21	22	-	19	-	-	21
Total deferred charges
-	-	-	-	-	-	-	-	596	-	683	676	668	669	738	660	606	558	556	520	580	534	380	377	358	369	504	518	522	534	483	498	510	526	432	432	423	450	422	410	443
Assets
6,173	6,082	5,964	5,877	5,889	5,782	5,557	5,501	5,485	5,514	5,452	5,373	5,340	5,309	5,215	5,069	4,956	4,906	4,739	4,679	4,689	4,700	4,336	4,202	4,316	4,361	4,402	4,347	4,332	4,313	4,190	4,216	4,254	4,214	3,968	3,842	3,823	3,940	3,752	3,661	3,606
Liabilities and Equity:
Current Liabilities:
Accounts payable
88	110	91	80	109	108	80	76	67	107	72	69	72	115	81	63	59	114	63	70	62	112	82	73	163	182	158	153	161	198	140	148	134	166	154	128	150	171	148	123	160
Client fund obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	97	99	95	94	103	87	113	128	164	118	-	-	-	100	-	-	-
Current portion of long-term debt
52	52	14	104	104	107	2	2	275	277	277	277	3	3	3	93	93	93	93	3	3	6	6	4	0	0	50	50	50	50	0	0	-	7	-	-	-	-	-	-	-
Short-term borrowings
185	185	119	169	119	190	35	0	50	105	106	136	105	120	84	160	90	105	130	90	65	105	35	151	111	171	66	95	52	52	82	91	47	96	96	75	65	110	75	87	92
Regulatory liabilities
66	51	43	37	55	113	94	88	-	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current energy commodity derivative liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53	40	37	-	65	44	16
Customer fund obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	104	67	52	-	68	54	51
Current portion of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	-	7	7	0	0	25	35	35
Current portion of nonrecourse long-term debt of Spokane Energy
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1	5	9	13	16	16	15	15	14	14	14	13	13	13	13	12	12	12	11	-
Utility energy commodity derivative liabilities
-	-	-	-	-	-	-	-	9	-	11	8	7	-	8	7	10	14	15	12	14	18	5	3	3	10	18	22	12	29	35	55	73	70	-	-	-	51	-	-	-
Taxes Payable, Current
-	-	-	-	-	-	-	-	15	-	-	-	-	-	-	-	-	-	-	-	20	-	7	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest
-	-	-	-	-	-	-	-	30	-	29	16	28	15	-	-	-	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued taxes other than income taxes
-	-	-	-	-	-	-	-	45	-	34	33	42	33	-	-	-	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred natural gas costs
-	-	-	-	-	-	-	-	31	-	34	28	30	30	-	-	-	17	-	-	-	-	-	-	-	-	-	-	-	-	13	16	15	-	8	13	15	22	-	-	39
Current portion of pensions and other postretirement benefits
-	-	-	-	-	-	-	-	10	-	11	11	10	10	-	-	-	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current unsettled interest rate swap derivative liabilities
-	-	-	-	-	-	-	-	25	-	34	36	-	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regulatory Liability for Excess Deferred Income Taxes Current
-	-	-	-	-	-	-	-	26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas deferrals
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	25	-
Other current liabilities
174	130	130	124	175	120	133	121	83	159	61	64	65	64	164	177	178	73	146	131	160	141	128	123	180	145	145	151	184	142	147	130	149	153	139	109	119	110	111	93	106
Disposal Group, Including Discontinued Operation, Liabilities
-	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
565	530	399	516	566	639	346	289	669	697	673	682	366	407	341	501	431	474	447	306	325	385	270	464	570	625	550	582	579	576	547	584	605	627	576	454	454	579	531	476	503
Long-term debt
1,843	1,843	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt and capital leases
-	-	1,879	1,701	1,701	1,755	1,860	1,861	1,491	1,491	1,491	1,403	1,678	1,678	1,678	1,479	1,479	1,480	1,391	1,494	1,495	1,480	1,412	1,268	1,272	1,272	1,272	1,181	1,178	1,178	1,148	1,147	1,170	1,169	1,084	1,094	1,101	1,101	1,039	1,039	1,036
Nonrecourse long-term debt of Spokane Energy
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1	5	9	13	17	21	25	29	32	36	39	43	46	49	52	-
Long-term debt to affiliated trusts
51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51	51
Pensions and other postretirement benefits
207	212	210	214	218	222	191	195	200	203	216	219	223	226	202	202	202	201	188	188	188	189	95	103	113	122	252	263	274	283	214	225	235	246	162	169	157	161	109	114	123
Deferred income taxes
525	528	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	515	508	501	487	488	472	464	466	903	886	866	840	816	783	762	747	724	718	714	710	640	542	534	535	528	517	522	524	527	517	508	505	516	493	492	495	475	492	494
Long-term borrowings under committed line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	42	46	50	52	54	54	58	60	50	0	-	-	-	-	-	-	-
Regulatory liability for utility plant retirement costs
-	-	-	-	-	-	-	-	288	-	284	280	276	273	270	267	264	261	261	259	257	254	254	248	245	242	249	244	237	234	231	229	228	227	226	225	224	223	221	221	217
Non-current regulatory liabilities
783	775	786	789	786	780	798	799	-	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	42
Regulatory Liability for Excess Deferred Income Taxes
-	-	-	-	-	-	-	-	413	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-current interest rate swap derivative liabilities
-	-	-	-	-	-	-	-	-	-	1	0	23	28	89	-	-	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current liabilities and deferred credits
237	201	229	211	195	71	69	69	147	73	158	162	168	153	135	165	174	130	165	146	149	146	120	114	119	130	122	122	106	110	105	104	110	116	91	92	96	109	124	86	52
Total liabilities
4,214	4,143	4,071	3,993	4,021	4,008	3,807	3,739	3,726	3,784	3,781	3,686	3,654	3,661	3,586	3,452	3,366	3,378	3,231	3,165	3,182	3,217	2,844	2,792	2,949	3,027	3,083	3,025	3,019	3,031	2,906	2,946	2,988	2,976	2,746	2,622	2,621	2,768	2,603	2,538	2,521
Commitments and Contingencies (See Notes to Consolidated Financial Statements)
-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-
Redeemable Noncontrolling Interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	15	15	8	7	7	4	6	53	57	51	52	52	42	46	43	37	34
Equity:
Avista Corporation Stockholders’ Equity:
Common stock, no par value; 200,000,000 shares authorized; 65,668,477 and 65,494,333 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively
1,209	1,210	1,186	1,157	1,140	1,136	1,135	1,134	1,131	1,133	1,077	1,075	1,073	1,075	1,073	1,052	1,032	1,004	1,002	1,001	998	999	1,007	885	899	896	898	895	891	889	887	861	857	855	848	842	833	827	815	788	778
Accumulated other comprehensive loss
-10	-10	-7	-7	-7	-7	-9	-9	-9	-8	-7	-7	-7	-7	-7	-7	-7	-6	-7	-7	-7	-7	-3	-4	-4	-5	-7	-7	-6	-6	-4	-5	-5	-5	-4	-4	-4	-4	-2	-2	-2
Retained earnings
759	738	714	734	734	644	623	637	636	604	600	618	619	581	562	572	565	530	512	520	515	491	488	528	436	407	399	406	398	376	377	360	355	336	326	330	331	302	293	299	274
Total Avista Corporation shareholders’ equity
1,959	1,939	1,893	1,884	1,867	1,773	1,749	1,762	1,758	1,729	1,670	1,686	1,685	1,648	1,628	1,616	1,589	1,528	1,508	1,514	1,506	1,483	1,491	1,409	1,351	1,318	1,310	1,314	1,304	1,277	1,277	1,216	1,207	1,185	1,170	1,167	1,160	1,125	1,106	1,085	1,051
Noncontrolling Interests
-	-	0	0	0	0	0	0	0	0	-0	0	0	-0	0	0	0	0	0	0	-0	0	-0	-0	20	20	21	20	20	17	17	-0	-0	0	-0	-0	-0	-0	-0	-0	-0
Total equity
1,959	-	1,893	1,884	1,868	1,774	1,750	1,762	1,758	1,730	1,670	1,687	1,685	1,648	1,628	1,617	1,589	1,528	1,508	1,514	1,507	1,483	1,492	1,410	1,330	1,298	1,289	1,293	1,283	1,259	1,259	1,216	1,208	1,185	1,170	1,168	1,159	1,125	1,105	1,085	1,050
Total liabilities and equity
6,173	6,082	5,964	5,877	5,889	5,782	5,557	5,501	5,485	5,514	5,452	5,373	5,340	5,309	5,215	5,069	4,956	4,906	4,739	4,679	4,689	4,700	4,336	4,202	4,316	4,361	4,402	4,347	4,332	4,313	4,190	4,216	4,254	4,214	3,968	3,842	3,823	3,940	3,752	3,661	3,606
Prepaid Expense, Current
-	-	-	-	-	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	19	20	14	8	8	24	24	28	32	31	34	35	36	36	30	23	25	26	28	28	27	34
Income Taxes Receivable, Current
-	-	-	-	-	0	-	-	-	-	42	35	34	48	49	25	12	24	0	0	0	43	8	0	0	7	12	0	3	2	15	5	-	15	34	11	0	19	3	-	16
Other Assets, Miscellaneous, Current
-	-	-	-	-	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-