CenterPoint Energy 2014 Annual Report Download - page 81

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CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31,
2014
December 31,
2013
(in millions)
ASSETS
Current Assets:
Cash and cash equivalents ($290 and $207 related to VIEs, respectively)
$
298
$
208
Investment in marketable securities
930
767
Accounts receivable ($58 and $60 related to VIEs, respectively), less bad debt reserve of $26 and $28,
respectively
837
851
Accrued unbilled revenues
357
398
Inventory
379
285
Non-trading derivative assets
99
24
Taxes receivable
190
—
Prepaid expense and other current assets ($47 and $41 related to VIEs, respectively)
178
125
Total current assets
3,268
2,658
Property, Plant and Equipment, net
10,502
9,593
Other Assets:
Goodwill
840
840
Regulatory assets ($2,738 and $3,179 related to VIEs, respectively)
3,527
3,726
Notes receivable - affiliated companies
363
363
Non-trading derivative assets
32
10
Investment in unconsolidated affiliates
4,521
4,518
Other
147
162
Total other assets
9,430
9,619
Total Assets
$
23,200
$
21,870
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Short-term borrowings
$
53
$
43
Current portion of VIE transition and system restoration bonds long-term debt
372
354
Indexed debt
152
143
Current portion of other long-term debt
271
—
Indexed debt securities derivative
541
455
Accounts payable
716
689
Taxes accrued
161
184
Interest accrued
124
124
Non-trading derivative liabilities
19
17
Accumulated deferred income taxes, net
683
608
Other
383
402
Total current liabilities
3,475
3,019
Other Liabilities:
Accumulated deferred income taxes, net
4,757
4,542
Non-trading derivative liabilities
1
4
Benefit obligations
953
802
Regulatory liabilities
1,206
1,152
Other
251
205
Total other liabilities
7,168
6,705
Long-term Debt:
VIE transition and system restoration bonds
2,674
3,046
Other long-term debt
5,335
4,771
Total long-term debt
8,009
7,817
Commitments and Contingencies (Note 14)