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34 OGE Energy Corp. OGE Energy Corp. 35
Consolidated Balance Sheets
December 31 (In millions) 2014 2013
ASSETS
Current Assets
Cash and cash equivalents $ 5.5 $ 6.8
Accounts receivable, less reserve of $1.6 and $1.9, respectively 188.8 179.4
Accounts receivable – unconsolidated affiliates 5.6 12.4
Accrued unbilled revenues 55.5 58.7
Income taxes receivable 16.0 5.6
Fuel inventories 58.5 74.4
Materials and supplies, at average cost 78.9 80.7
Deferred income taxes 191.4 215.8
Fuel clause under recoveries 68.3 26.2
Other 37.3 34.6
Total current assets 705.8 694.6
Other Property and Investments
Investment in unconsolidated affiliates 1,318.2 1,298.8
Other 70.1 61.0
Total other property and investments 1,388.3 1,359.8
Property, Plant and Equipment
In service 9,983.0 9,183.1
Construction work in progress 115.9 468.5
Total property, plant and equipment 10,098.9 9,651.6
Less accumulated depreciation 3,119.0 2,978.8
Net property, plant and equipment 6,979.9 6,672.8
Deferred Charges and Other Assets
Regulatory assets 411.5 379.1
Other 42.3 28.4
Total deferred charges and other assets 453.8 407.5
Total Assets $ 9,527.8 $9,134.7
The accompanying Notes to Consolidated Financial Statements are an integral part hereof.
Consolidated Balance Sheets (continued)
December 31 (In millions) 2014 2013
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Short-term debt $ 98.0 $ 439.6
Accounts payable 179.1 251.0
Dividends payable 49.9 44.7
Customer deposits 73.7 70.9
Accrued taxes 39.7 39.9
Accrued interest 43.0 43.4
Accrued compensation 38.2 56.9
Long-term debt due within one year — 100.0
Other 51.7 47.4
Total current liabilities 573.3 1,093.8
Long-Term Debt 2,755.3 2,300.1
Deferred Credits and Other Liabilities
Accrued benefit obligations 315.5 241.5
Deferred income taxes 2,268.3 2,125.3
Regulatory liabilities 263.0 234.2
Other 108.0 102.7
Total deferred credits and other liabilities 2,954.8 2,703.7
Total liabilities 6,283.4 6,097.6
Commitments and Contingencies (Note 14)
Stockholders’ Equity
Common stockholders’ equity 1,087.6 1,073.6
Retained earnings 2,198.2 1,991.7
Accumulated other comprehensive loss, net of tax (41.4) (28.2)
Total stockholders’ equity 3,244.4 3,037.1
Total Liabilities and Stockholders’ Equity $9,527.8 $9,134.7
The accompanying Notes to Consolidated Financial Statements are an integral part hereof.