OG&E 2010 Annual Report Download - page 57

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OKLAHOMA GAS AND ELECTRIC COMPANY
BALANCE SHEETS (Continued)
December 31 (In millions) 2010 2009
LIABILITIES AND STOCKHOLDER’S EQUITY
CURRENT LIABILITIES
Accounts payable - affiliates $ 4.4 $ 4.6
Accounts payable - other 144.1 137.2
Customer deposits 63.2 60.1
Accrued taxes 31.2 29.1
Accrued interest 41.6 40.4
Accrued compensation 22.2 26.3
Price risk management 1.3 ---
Fuel clause over recoveries 29.9 187.5
Other 40.3 20.2
Total current liabilities 378.2 505.4
LONG-TERM DEBT 1,790.4 1,541.8
DEFERRED CREDITS AND OTHER LIABILITIES
Accrued benefit obligations 259.8 261.0
Deferred income taxes 1,055.3 931.2
Deferred investment tax credits 9.4 13.1
Regulatory liabilities 193.1 168.2
Price risk management 2.2 0.7
Other 31.6 32.4
Total deferred credits and other liabilities 1,551.4 1,406.6
Total liabilities 3,720.0 3,453.8
COMMITMENTS AND CONTINGENCIES (NOTE 12)
STOCKHOLDER’S EQUITY
Common stockholder’s equity 958.4 958.4
Retained earnings 1,221.8 1,066.3
Accumulated other comprehensive loss, net of tax (2.1) (0.4)
Total stockholder’s equity 2,178.1 2,024.3
TOTAL LIABILITIES AND STOCKHOLDER’S EQUITY $ 5,898.1 $ 5,478.1
The accompanying Notes to Financial Statements are an integral part hereof.
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