Dominion Power 2000 Annual Report Download - page 29

27
At December 31,
(millions) 2000 1999
Current liabilities:
Securities due within one year $ 336 $ 536
Short-term debt 3,237 870
Accounts payable, trade 1,736 711
Accrued interest 195 121
Accrued payroll 127 93
Accrued taxes 316 89
Commodity contract liabilities 1,021 348
Other 624 232
Total current liabilities 7,592 3,000
Long-term debt 10,101 6,936
Deferred credits and other liabilities:
Deferred income taxes 2,820 1,710
Deferred investment tax credits 147 146
Other 801 223
Total deferred credits and other liabilities 3,768 2,079
Total liabilities 21,461 12,015
Minority interest 199
Commitments and contingencies (see Note 22)
Obligated mandatorily redeemable preferred securities of subsidiary trusts* 385 385
Preferred stock not subject to mandatory redemption 509 509
Common shareholders’ equity:
Common stock — no par; authorized — 500.0 shares;
outstanding — 245.8 shares at 2000 and
186.3 shares at 1999 5,979 3,561
Other paid-in capital 16 16
Accumulated other comprehensive income (31) (15)
Retained earnings 1,028 1,212
Total common shareholders’ equity 6,992 4,774
Total liabilities and shareholders’ equity $29,348 $17,782
*As described in Note 17, the 7.83% and 8.05% Junior Subordinated Notes totaling $258 million and $139 million principal amounts,
respectively, constitute 100% of the trusts’ assets.
The accompanying notes are an integral part of the Consolidated Financial Statements.
Liabilities and Shareholders’ Equity