Spectra Energy (SE) quarterly balance sheet covering the six quarters from September 2015 to December 2016, as reported to the SEC.
A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.
| Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||||||||||||||
Current Assets | |||||||||||||||||||||
Cash and cash equivalents | |||||||||||||||||||||
305 | 464 | 240 | 279 | 213 | 338 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash and cash equivalents | 305 | 464 | 240 | 279 | 213 | 338 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Receivables (net of allowance for doubtful accounts of $10 and $11 at December 31, 2016 and 2015, respectively) | |||||||||||||||||||||
1,003 | 712 | 708 | 723 | 806 | 842 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Receivables (net of allowance for doubtful accounts of $10 and $11 at December 31, 2016 and 2015, respectively) | 1,003 | 712 | 708 | 723 | 806 | 842 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Inventory | |||||||||||||||||||||
253 | 287 | 185 | 199 | 307 | 344 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Inventory | 253 | 287 | 185 | 199 | 307 | 344 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Assets held for sale | |||||||||||||||||||||
- | - | 225 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Assets held for sale | - | - | 225 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Fuel tracker | |||||||||||||||||||||
6 | 19 | 33 | 44 | 41 | 56 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Fuel tracker | 6 | 19 | 33 | 44 | 41 | 56 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other | |||||||||||||||||||||
205 | 268 | 246 | 230 | 281 | 259 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other | 205 | 268 | 246 | 230 | 281 | 259 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current assets | |||||||||||||||||||||
1,772 | 1,750 | 1,637 | 1,475 | 1,648 | 1,839 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current assets | 1,772 | 1,750 | 1,637 | 1,475 | 1,648 | 1,839 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments and Other Assets | |||||||||||||||||||||
Investments in and loans to unconsolidated affiliates | |||||||||||||||||||||
2,780 | 2,742 | 2,657 | 2,588 | 2,592 | 2,741 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Investments in and loans to unconsolidated affiliates | 2,780 | 2,742 | 2,657 | 2,588 | 2,592 | 2,741 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Goodwill | |||||||||||||||||||||
4,181 | 4,203 | 4,217 | 4,211 | 4,154 | 4,534 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Goodwill | 4,181 | 4,203 | 4,217 | 4,211 | 4,154 | 4,534 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other | |||||||||||||||||||||
393 | 401 | 373 | 383 | 310 | 338 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other | 393 | 401 | 373 | 383 | 310 | 338 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total investments and other assets | |||||||||||||||||||||
7,354 | 7,346 | 7,247 | 7,182 | 7,056 | 7,613 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total investments and other assets | 7,354 | 7,346 | 7,247 | 7,182 | 7,056 | 7,613 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Property, Plant and Equipment | |||||||||||||||||||||
Cost | |||||||||||||||||||||
33,555 | 32,736 | 32,003 | 31,290 | 29,843 | 29,303 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cost | 33,555 | 32,736 | 32,003 | 31,290 | 29,843 | 29,303 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Less accumulated depreciation and amortization | |||||||||||||||||||||
7,347 | 7,399 | 7,296 | 7,271 | 6,925 | 6,865 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Less accumulated depreciation and amortization | 7,347 | 7,399 | 7,296 | 7,271 | 6,925 | 6,865 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net property, plant and equipment | |||||||||||||||||||||
26,208 | 25,337 | 24,707 | 24,019 | 22,918 | 22,438 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net property, plant and equipment | 26,208 | 25,337 | 24,707 | 24,019 | 22,918 | 22,438 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Regulatory Assets and Deferred Debits | |||||||||||||||||||||
1,508 | 1,504 | 1,456 | 1,415 | 1,301 | 1,369 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Regulatory Assets and Deferred Debits | 1,508 | 1,504 | 1,456 | 1,415 | 1,301 | 1,369 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Assets | |||||||||||||||||||||
36,842 | 35,937 | 35,047 | 34,091 | 32,923 | 33,259 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Assets | 36,842 | 35,937 | 35,047 | 34,091 | 32,923 | 33,259 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
LIABILITIES AND EQUITY | |||||||||||||||||||||
Current Liabilities | |||||||||||||||||||||
Accounts payable | |||||||||||||||||||||
828 | 736 | 709 | 493 | 511 | 648 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts payable | 828 | 736 | 709 | 493 | 511 | 648 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Commercial paper | |||||||||||||||||||||
1,453 | 1,637 | 1,113 | 1,320 | 1,112 | 577 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commercial paper | 1,453 | 1,637 | 1,113 | 1,320 | 1,112 | 577 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Taxes accrued | |||||||||||||||||||||
86 | 73 | 80 | 88 | 78 | 82 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Taxes accrued | 86 | 73 | 80 | 88 | 78 | 82 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interest accrued | |||||||||||||||||||||
185 | 140 | 181 | 141 | 179 | 141 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest accrued | 185 | 140 | 181 | 141 | 179 | 141 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Current maturities of long-term debt | |||||||||||||||||||||
551 | 467 | 68 | 483 | 652 | 766 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Current maturities of long-term debt | 551 | 467 | 68 | 483 | 652 | 766 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Liabilities held for sale | |||||||||||||||||||||
- | - | 56 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Liabilities held for sale | - | - | 56 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other | |||||||||||||||||||||
802 | 634 | 579 | 638 | 860 | 1,193 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other | 802 | 634 | 579 | 638 | 860 | 1,193 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current liabilities | |||||||||||||||||||||
3,905 | 3,687 | 2,786 | 3,163 | 3,392 | 3,407 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current liabilities | 3,905 | 3,687 | 2,786 | 3,163 | 3,392 | 3,407 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Long-term Debt | |||||||||||||||||||||
13,624 | 13,094 | 13,584 | 13,190 | 12,892 | 12,898 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Long-term Debt | 13,624 | 13,094 | 13,584 | 13,190 | 12,892 | 12,898 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred Credits and Other Liabilities | |||||||||||||||||||||
Deferred income taxes | |||||||||||||||||||||
5,769 | 5,758 | 5,694 | 5,644 | 5,445 | 5,479 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income taxes | 5,769 | 5,758 | 5,694 | 5,644 | 5,445 | 5,479 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Regulatory and other | |||||||||||||||||||||
1,443 | 1,417 | 1,421 | 1,395 | 1,323 | 1,286 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Regulatory and other | 1,443 | 1,417 | 1,421 | 1,395 | 1,323 | 1,286 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total deferred credits and other liabilities | |||||||||||||||||||||
7,212 | 7,175 | 7,115 | 7,039 | 6,768 | 6,765 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total deferred credits and other liabilities | 7,212 | 7,175 | 7,115 | 7,039 | 6,768 | 6,765 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Commitments and Contingencies | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Commitments and Contingencies | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Preferred Stock of Subsidiaries | |||||||||||||||||||||
562 | 562 | 339 | 339 | 339 | 258 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Preferred Stock of Subsidiaries | 562 | 562 | 339 | 339 | 339 | 258 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Equity | |||||||||||||||||||||
Preferred stock, $0.001 par, 22 million shares authorized, no shares outstanding | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Preferred stock, $0.001 par, 22 million shares authorized, no shares outstanding | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Common stock, $0.001 par, 1 billion shares authorized, 702 million and 671 million shares outstanding at December 31, 2016 and 2015, respectively | |||||||||||||||||||||
1 | 1 | 1 | 1 | 1 | 1 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common stock, $0.001 par, 1 billion shares authorized, 702 million and 671 million shares outstanding at December 31, 2016 and 2015, respectively | 1 | 1 | 1 | 1 | 1 | 1 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Additional paid-in capital | |||||||||||||||||||||
5,995 | 5,977 | 5,944 | 5,431 | 5,053 | 5,024 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Additional paid-in capital | 5,995 | 5,977 | 5,944 | 5,431 | 5,053 | 5,024 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Retained earnings | |||||||||||||||||||||
1,307 | 1,477 | 1,567 | 1,699 | 1,741 | 2,253 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Retained earnings | 1,307 | 1,477 | 1,567 | 1,699 | 1,741 | 2,253 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated other comprehensive loss | |||||||||||||||||||||
-146 | 13 | 86 | 32 | -269 | -62 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated other comprehensive loss | -146 | 13 | 86 | 32 | -269 | -62 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total controlling interests | |||||||||||||||||||||
7,157 | 7,468 | 7,598 | 7,163 | 6,526 | 7,216 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total controlling interests | 7,157 | 7,468 | 7,598 | 7,163 | 6,526 | 7,216 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Noncontrolling interests | |||||||||||||||||||||
4,382 | 3,951 | 3,625 | 3,197 | 3,006 | 2,715 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Noncontrolling interests | 4,382 | 3,951 | 3,625 | 3,197 | 3,006 | 2,715 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total equity | |||||||||||||||||||||
11,539 | 11,419 | 11,223 | 10,360 | 9,532 | 9,931 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total equity | 11,539 | 11,419 | 11,223 | 10,360 | 9,532 | 9,931 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total Liabilities and Equity | |||||||||||||||||||||
36,842 | 35,937 | 35,047 | 34,091 | 32,923 | 33,259 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total Liabilities and Equity | 36,842 | 35,937 | 35,047 | 34,091 | 32,923 | 33,259 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||