Dominion Power 2001 Annual Report Download - page 29

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Liabilities and Shareholders’ Equity
At December 31,
(millions) 2001 2000
Current Liabilities
Securities due within one year $ 1,354 $ 336
Short-term debt 1,859 3,237
Accounts payable, trade 1,776 1,688
Accrued interest 240 195
Accrued payroll 180 178
Accrued taxes 144 316
Derivative and energy trading liabilities 1,086 1,021
Other 839 625
Total 7,478 7,596
Long-Term Debt
Long-term debt 11,797 10,101
Notes payable—affiliates 322
—
Total 12,119 10,101
Deferred Credits and Other Liabilities
Deferred income taxes 3,812 2,813
Deferred investment tax credits 128 147
Derivative and energy trading liabilities 322 100
Other 626 646
Total 4,888 3,706
Total liabilities 24,485 21,403
Commitments and Contingencies (see Note 27)
Obligated Mandatorily Redeemable Preferred Securities of Subsidiary Trusts* 1,132 385
Subsidiary Preferred Stock Not Subject to Mandatory Redemption 384 509
Common Shareholders’ Equity
Common stock—no par, authorized—500.0 shares; outstanding—264.7 shares at
2001 and 245.8 shares at 2000 7,129 5,979
Other paid-in capital 28 16
Accumulated other comprehensive income (loss) 289 (23)
Retained earnings 922 1,028
Total common shareholders’ equity 8,368 7,000
Total liabilities and shareholders’ equity $34,369 $29,297
The accompanying notes are an integral part of the Consolidated Financial Statements.
*As described in Note 22 to the Consolidated Financial Statements, debt securities issued by Dominion Resources, Inc. and certain subsidiaries constitute
100 percent of the trusts’ assets.
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