OG&E 2009 Annual Report Download - page 63

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OKLAHOMA GAS AND ELECTRIC COMPANY
BALANCE SHEETS (Continued)
December 31 (In millions) 2009 2008
LIABILITIES AND STOCKHOLDER’S EQUITY
CURRENT LIABILITIES
Accounts payable - affiliates $ 4.6 $ 6.4
Accounts payable - other 137.2 105.0
Advances from parent --- 17.6
Customer deposits 60.1 56.8
Accrued taxes 29.1 27.9
Accrued interest 40.4 33.2
Accrued compensation 26.3 25.1
Fuel clause over recoveries 187.5 8.6
Other 20.2 26.8
Total current liabilities 505.4 307.4
LONG-TERM DEBT 1,541.8 1,541.4
DEFERRED CREDITS AND OTHER LIABILITIES
Accrued benefit obligations 261.0 261.9
Accumulated deferred income taxes 931.2 722.8
Accumulated deferred investment tax credits 13.1 17.3
Accrued removal obligations, net 168.2 150.9
Price risk management 0.7 ---
Other 32.4 25.2
Total deferred credits and other liabilities 1,406.6 1,178.1
Total liabilities 3,453.8 3,026.9
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDER’S EQUITY
Common stockholder’s equity 958.4 958.4
Retained earnings 1,066.3 865.9
Accumulated other comprehensive loss, net of tax (0.4) ---
Total stockholder’s equity 2,024.3 1,824.3
TOTAL LIABILITIES AND STOCKHOLDER’S EQUITY $ 5,478.1 $ 4,851.2
The accompanying Notes to Financial Statements are an integral part hereof.
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