MGE Energy, Inc. MGEE Balance Sheet

Mge energy, inc. (MGEE)

Balance Sheet / TTM

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	Mar'15	Dec'14	Jun'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Current Assets:
Cash and cash equivalents at beginning of period
17	23	61	69	82	83	133	95	101	107	104	102	117	95	111	110	97	81	94	70	65	87	68	75	42	45	46	59	41	40	41	30	7	17	13	4
Receivable - margin account
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	0	-	1	2	2	2	3	2	2	3	3
Accounts receivable, less reserves
39	40	35	35	47	43	41	35	43	42	38	35	39	39	40	31	36	37	35	43	41	37	44	37	35	46	41	33	30	38	36	43	40	31	29	35
Other accounts receivables, less reserves
8	7	7	7	5	6	7	7	5	9	7	7	5	8	6	6	5	7	6	6	7	5	5	8	7	5	6	4	5	4	5	3	4	4	3	3
Unbilled revenues
22	25	20	21	23	28	20	24	25	31	21	23	25	29	13	25	23	25	21	25	31	22	31	20	21	26	28	19	22	20	25	24	29	18	21	29
Materials and supplies, at average cost
27	26	28	25	25	24	24	24	23	22	21	20	19	18	20	20	20	19	19	18	17	17	16	17	17	16	16	17	16	16	14	15	17	17	17	15
Fossil fuel, at average cost
8	8	8	8	4	6	6	9	9	8	10	11	8	9	9	9	10	13	14	14	8	4	5	6	8	7	6	6	8	8	5	7	6	8	8	7
Stored natural gas, at average cost
4	10	11	6	2	11	13	7	3	12	14	9	4	12	14	10	8	16	16	8	21	12	13	18	9	2	14	17	12	10	19	7	22	27	24	27
Prepaid taxes
11	16	11	15	12	16	12	16	14	26	12	15	12	26	12	19	24	35	14	30	38	17	19	12	17	13	19	43	21	20	22	11	22	11	14	30
Regulatory assets - current
12	11	10	11	9	9	8	7	8	7	7	7	7	6	7	7	10	9	9	7	8	3	6	8	8	8	10	8	9	10	7	1	1	2	-	0
Assets Held-for-sale, Not Part of Disposal Group, Current
-	-	0	0	0	3	1	1	1	8	6	5	2	14	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes - current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	8	14	23	-	-	-	0	-	-	-	-	-
Other current assets
9	10	8	8	7	8	8	12	11	12	10	11	9	12	13	13	9	10	9	10	10	9	8	8	7	7	8	8	7	7	8	6	7	7	7	8
Total Current Assets
162	181	204	211	221	240	280	242	248	290	255	249	254	275	249	254	247	254	241	235	250	218	220	213	186	195	222	219	178	179	189	155	162	150	142	165
Other long-term receivables
1	1	2	2	2	2	3	4	4	4	-	-	-	5	-	-	-	5	-	5	2	-	2	-	-	-	1	-	-	-	1	-	2	2	2	2
Regulatory assets
131	134	144	147	145	145	133	137	140	142	146	149	153	158	146	147	149	148	155	155	156	98	107	213	206	214	218	230	235	228	205	122	121	115	115	113
Pension and other postretirement benefit asset
16	13	-	-	-	0	14	11	9	7	3	2	2	2	-	-	-	0	-	-	-	16	15	-	-	-	0	-	-	-	-	-	-	-	-	-
Other deferred assets and other
18	19	17	15	16	12	8	5	2	0	6	6	6	1	6	6	6	1	10	4	4	6	5	6	8	7	5	7	6	7	6	11	8	7	9	7
Property, Plant, and Equipment:
Property, plant, and equipment, net
1,524	1,530	1,524	1,502	1,497	1,369	1,350	1,345	1,290	1,283	1,270	1,262	1,249	1,245	1,243	1,234	1,218	1,217	1,207	1,189	1,189	1,112	1,018	-	-	-	975	-	-	-	-	-	-	-	-	-
Finance Lease Right Of Use Asset
-	-	-	16	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction work in progress
128	112	88	47	24	139	109	75	76	58	42	36	37	36	38	32	33	26	25	21	19	73	141	131	132	115	98	75	53	40	34	37	110	102	100	219
Property, plant, and equipment, net
1,653	1,642	1,612	1,566	1,538	1,509	1,459	1,420	1,366	1,341	1,312	1,299	1,287	1,282	1,281	1,266	1,251	1,243	1,232	1,210	1,208	1,186	1,160	1,012	990	981	1,073	967	969	966	961	932	857	854	850	719
Total Property, Plant, and Equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,143	1,123	1,097	-	1,043	1,023	1,006	995	969	968	956	950	939
Investments
89	88	85	82	79	78	73	72	72	67	86	84	81	76	76	75	75	73	74	72	71	70	67	66	66	65	64	63	62	61	60	58	55	55	54	53
Total Assets
2,072	2,081	2,066	2,026	2,003	1,988	1,974	1,893	1,843	1,855	1,810	1,792	1,785	1,801	1,760	1,750	1,730	1,726	1,713	1,684	1,694	1,596	1,579	1,643	1,590	1,580	1,586	1,564	1,506	1,482	1,458	1,317	1,317	1,287	1,276	1,281
LIABILITIES AND CAPITALIZATION
Current Liabilities:
Long-term debt due within one year
19	19	4	4	4	4	4	4	24	24	4	4	4	4	4	34	34	4	4	4	4	4	4	4	3	3	3	2	2	2	2	2	1	1	1	1
Short-term debt
3	0	54	23	6	13	0	28	3	4	7	-	-	0	-	-	-	-	0	0	7	-	0	-	14	10	-	-	-	-	0	0	22	48	54	64
Accounts payable
39	55	39	40	40	46	50	37	35	47	31	34	36	47	49	46	41	40	35	37	41	43	43	39	38	39	43	29	28	32	34	27	32	21	22	35
Accrued interest and taxes
7	7	5	6	12	7	5	5	4	5	4	5	8	5	4	4	3	5	3	3	5	4	5	4	4	4	4	4	4	4	4	4	3	10	9	4
Accrued payroll related items
9	12	11	10	9	13	10	10	8	12	9	9	7	11	9	9	8	11	10	8	11	8	10	9	8	7	10	9	7	7	9	6	8	-	-	7
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	1	1	0	-	-	0	1	2	0	3	0	2	1	2	0
Regulatory liabilities - current
11	9	15	20	21	13	7	9	12	5	6	10	11	6	3	14	11	9	4	-	0	10	13	4	-	-	0	-	-	-	-	-	-	-	0	-
Derivative liability (current)
10	10	10	10	8	8	9	8	8	8	8	9	8	7	8	8	9	8	8	7	6	6	7	9	9	8	9	9	10	8	7	-	-	-	-	-
Pension liability - current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Other current liabilities
10	14	11	10	9	14	10	14	9	18	12	10	6	19	5	10	9	4	5	10	13	8	9	6	12	10	5	3	6	6	1	9	9	18	19	13
Total Current Liabilities
111	128	152	128	112	120	98	118	106	126	84	83	83	103	86	128	117	84	74	71	89	86	96	78	90	84	75	59	62	62	63	51	81	102	110	127
Other Credits:
Deferred income taxes noncurrent
246	243	239	235	231	231	229	226	224	225	389	385	380	383	376	370	363	360	345	342	338	302	284	278	275	272	270	256	215	210	199	170	166	147	139	139
Investment tax credit - deferred
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	2	2	2	2
Regulatory liabilities
163	164	162	162	163	165	171	166	157	154	28	23	23	22	21	22	21	20	24	23	22	21	19	25	22	22	24	25	21	18	20	21	23	21	19	18
Accrued pension and other postretirement benefits
68	68	64	65	66	67	69	69	69	69	65	66	67	74	61	63	64	75	78	79	90	49	49	133	134	133	162	166	167	165	183	106	123	115	117	122
Derivative liability (long-term)
12	15	18	21	22	23	26	29	32	33	34	37	40	42	42	43	46	44	48	46	46	45	57	59	58	61	63	67	69	60	35	-	-	-	-	-
Finance Lease Liability Noncurrent
17	17	17	17	17	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other deferred liabilities and other
60	63	70	69	67	66	72	72	68	69	63	66	65	66	66	63	62	61	60	57	50	51	52	52	53	53	50	48	46	44	43	67	60	56	56	48
Total Other Credits
569	573	573	573	569	558	569	564	553	552	582	580	577	590	569	564	559	565	558	550	549	472	465	551	545	545	573	567	520	501	483	368	377	343	335	332
Capitalization:
Common shareholders' equity:
Common stock
-	-	-	-	-	34	-	-	-	34	-	-	-	34	-	-	-	34	-	-	34	-	34	-	-	-	34	-	-	-	23	-	23	-	-	23
Additional paid-in capital
-	-	-	-	-	316	-	-	-	316	-	-	-	316	-	-	-	316	-	-	316	-	316	-	-	-	316	-	-	-	316	-	316	-	-	316
Retained earnings
-	-	-	-	-	465	-	-	-	426	-	-	-	372	-	-	-	339	-	-	308	-	266	-	-	-	228	-	-	-	211	-	185	-	-	162
Accumulated Other Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	0	-	0	-	-	-	0	-	-	-	0	-	0	-	-	0
Beginning balance, value
869	855	851	832	828	816	811	794	787	778	753	737	732	724	720	703	697	690	689	667	659	640	617	612	597	592	579	578	563	558	550	534	525	521	510	501
Long-term debt
522	523	490	491	492	493	494	416	397	398	389	390	391	382	383	354	355	386	392	394	395	397	399	400	356	357	358	359	360	360	360	362	334	319	320	320
Total Capitalization
1,392	1,379	1,341	1,324	1,321	1,309	1,306	1,210	1,184	1,176	1,142	1,128	1,124	1,106	1,104	1,057	1,052	1,077	1,081	1,061	1,054	1,037	1,016	1,013	954	950	937	937	923	918	911	897	859	841	830	822
Commitments and contingencies (see Footnote 8)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	-
Total Liabilities and Capitalization
2,072	2,081	2,066	2,026	2,003	1,988	1,974	1,893	1,843	1,855	1,810	1,792	1,785	1,801	1,760	1,750	1,730	1,726	1,713	1,684	1,694	1,596	1,579	1,643	1,590	1,580	1,586	1,564	1,506	1,482	1,458	1,317	1,317	1,287	1,276	1,281
MGE [Member]
Cash and cash equivalents at beginning of period
3	3	4	6	9	4	47	3	4	5	1	5	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable, less reserves
39	40	35	35	47	43	41	35	43	42	38	35	39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Affiliate receivables
0	0	0	0	0	0	0	0	0	0	0	0	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other accounts receivables, less reserves
8	7	7	7	5	6	5	6	5	6	7	6	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled revenues
22	25	20	21	23	28	20	24	25	31	21	23	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Materials and supplies, at average cost
27	26	28	25	25	24	24	24	23	22	21	20	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fossil fuel, at average cost
8	8	8	8	4	6	6	9	9	8	10	11	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stored natural gas, at average cost
4	10	11	6	2	11	13	7	3	12	14	9	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid taxes
11	15	11	14	12	15	11	15	13	25	12	15	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regulatory assets - current
12	11	10	11	9	9	8	7	8	7	7	7	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets Held-for-sale, Not Part of Disposal Group, Current
-	-	0	0	0	3	1	1	1	8	6	5	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
8	10	8	8	7	8	8	12	11	12	10	11	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets
148	160	148	147	148	162	192	147	151	185	153	153	160	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Affiliate receivable long-term
2	2	2	2	3	3	3	3	3	3	3	3	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regulatory assets
131	134	144	147	145	145	133	137	140	142	146	149	153	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and other postretirement benefit asset
16	13	-	-	-	0	14	11	9	7	3	2	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other deferred assets and other
19	19	18	16	17	14	10	7	4	3	4	3	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, plant, and equipment, net
1,524	1,530	1,524	1,502	1,497	1,369	1,350	1,345	1,290	1,283	1,270	1,262	1,249	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance Lease Right Of Use Asset
-	-	-	16	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Construction work in progress
128	112	88	47	24	139	109	75	76	58	42	36	37	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, plant, and equipment, net
1,653	1,642	1,613	1,566	1,538	1,509	1,459	1,420	1,366	1,341	1,312	1,299	1,287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets
1,970	1,973	1,927	1,881	1,853	1,834	1,814	1,728	1,675	1,684	1,623	1,613	1,612	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt due within one year
19	19	4	4	4	4	4	4	24	24	4	4	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt
3	0	54	23	6	13	0	28	3	4	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
38	54	39	40	40	46	50	37	35	47	31	34	36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued Interest and Taxes
10	8	7	9	15	10	7	6	4	-	5	6	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest and taxes
10	8	7	9	15	10	7	6	4	5	5	6	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued payroll related items
9	12	11	10	9	13	10	10	8	12	9	9	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regulatory liabilities - current
11	9	15	20	21	13	7	9	12	5	6	10	11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative liability (current)
10	10	10	10	8	8	9	8	8	8	8	9	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities
10	12	11	10	9	11	10	14	9	16	12	9	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities
113	128	154	130	115	121	100	119	106	124	85	83	83	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes noncurrent
216	214	210	207	203	204	202	200	200	201	346	343	339	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment tax credit - deferred
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regulatory liabilities
163	164	162	162	163	165	171	166	157	154	28	23	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued pension and other postretirement benefits
68	68	64	65	66	67	69	69	69	69	65	66	67	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative liability (long-term)
12	15	18	21	22	23	26	29	32	33	34	37	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance Lease Liability Noncurrent
17	17	17	17	17	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other deferred liabilities and other
60	62	70	69	67	66	72	72	68	69	63	66	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Other Credits
539	544	544	545	541	530	542	539	528	528	539	539	536	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock
-	-	-	-	-	17	-	-	-	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additional paid-in capital
-	-	-	-	-	192	-	-	-	192	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained earnings
-	-	-	-	-	338	-	-	-	282	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Other Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Beginning balance, value
656	637	596	573	564	548	537	515	504	491	493	483	484	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interest
138	140	141	141	139	141	138	138	139	140	115	116	115	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Equity
795	777	737	714	704	689	676	654	643	632	608	600	600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt
522	523	490	491	492	493	494	416	397	398	389	390	391	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Capitalization
1,317	1,301	1,227	1,205	1,196	1,183	1,170	1,070	1,040	1,030	998	990	991	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities and Capitalization
1,970	1,973	1,927	1,881	1,853	1,834	1,814	1,728	1,675	1,684	1,623	1,613	1,612	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-