CenterPoint Energy 2009 Annual Report Download - page 91

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69
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31,
2008
December 31,
2009
(In millions)
ASSETS
Current Assets:
Cash and cash equivalents ..................................................................................................... $ 167 $ 740
Investment in marketable securities ...................................................................................... 218 300
Accounts receivable, ne
t
....................................................................................................... 1,009 790
Accrued unbilled revenues .................................................................................................... 541 485
Inventor
y
............................................................................................................................... 569 327
N
on-trading derivative assets ................................................................................................ 118 39
Prepaid expense and other current assets .............................................................................. 413 223
Total current assets ............................................................................................................ 3,035 2,904
Pro
p
ert
y
, Plant and E
q
ui
p
ment, net ...................................................................................... 10,296 10,788
Other Assets:
Goodwill ................................................................................................................................ 1,696 1,696
Regulatory assets ................................................................................................................... 3,684 3,677
N
on-trading derivative assets ................................................................................................ 20 15
Investment in unconsolidated affiliates ................................................................................. 345 463
N
otes receivable from unconsolidated affiliates ................................................................... 323 —
Othe
r
...................................................................................................................................... 277 230
Total other assets ............................................................................................................... 6,345 6,081
Total Assets ................................................................................................................. $ 19,676 $ 19,773
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Shor
t
-term borrowings .......................................................................................................... $ 153 $ 55
Current portion of transition and system restoration bonds long-term deb
t
.......................... 208 241
Current portion of indexed deb
t
............................................................................................ 117 121
Current portion of othe
r
lon
g
-term deb
t
................................................................................ 8 541
Indexed debt securities derivative ......................................................................................... 133 201
Accounts
p
ayable .................................................................................................................. 897 648
Taxes accrue
d
........................................................................................................................ 189 148
Interest accrue
d
..................................................................................................................... 180 181
N
on-trading derivative liabilities ........................................................................................... 87 51
Accumulated deferred income taxes, ne
t
............................................................................... 372 406
Othe
r
...................................................................................................................................... 504 445
Total current liabilities ...................................................................................................... 2,848 3,038
Other Liabilities:
Accumulated deferred income taxes, ne
t
............................................................................... 2,608 2,776
Unamortized investment tax credits ...................................................................................... 24 16
N
on-trading derivative liabilities ........................................................................................... 47 42
Benefit obligations ................................................................................................................ 849 861
Re
g
ulator
y
liabilities ............................................................................................................. 821 921
Othe
r
...................................................................................................................................... 276 361
Total other liabilities .......................................................................................................... 4,625 4,977
Lon
g
-term Debt:
Transition and system restoration bonds ............................................................................... 2,381 2,805
Othe
r
...................................................................................................................................... 7,800 6,314
Total lon
g
-term deb
t
.......................................................................................................... 10,181 9,119
Commitments and Contin
g
encies (Note 10)
Shareholders’ E
q
uit
y
............................................................................................................... 2,022 2,639
Total Liabilities and Shareholders’ E
q
uit
y
................................................................... $ 19,676 $ 19,773
See Notes to CenterPoint Energy’s Consolidated Financial Statements