OGE Energy Corp (OGE) financial statements (2021 and earlier)

Company profile

Business Address 321 N HARVEY
OKLAHOMA CITY, OK 73101-0321
State of Incorp. OK
Fiscal Year End December 31
SIC 4911 - Electric Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 941407567
Cash and cash equivalents 941407567
Receivables229247263255246266238
Inventory, net of allowances, customer advances and progress billings465884801145974
Inventory465884801145974
Deferred costs42535137126
Regulatory current assets491941 479749
Income taxes receivable✕✕✕✕✕✕6
Deferred tax assets✕     216
Other current assets24305582563735
Other undisclosed current assets3910637823117144
Total current assets:430557497550570706695
Noncurrent Assets
Property, plant and equipment9,0458,6448,3407,6967,3226,9806,673
Long-term investments and receivables1,2341,2511,2371,2321,2651,3881,360
Long-term investments1,2341,2511,2371,2321,2651,3881,360
Regulated entity, other noncurrent assets (23)(21)(16) 412379
Other noncurrent assets315297339462440454408
Other undisclosed noncurrent assets 232116 (412)(379)
Total noncurrent assets:10,59410,1919,9169,3909,0278,8228,440
TOTAL ASSETS:11,02410,74910,4139,9409,5979,5289,135
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities393449421393461350348
Accounts payable195239230205263179251
Employee-related liabilities41483645543857
Taxes payable42444541464040
Interest and dividends payable1161171101019893 
Debt11225041846111098540
Regulatory liability2937   2420
Customer refund liability502 61 0
Customer advances and deposits✕✕81787774✕
Other liabilities65872996445247
Other undisclosed current liabilities5447   (24)139
Total current liabilities:6588699511,0277535731,094
Noncurrent Liabilities
Long-term debt and lease obligation3,1952,8972,7502,4062,6462,7552,300
Long-term debt, excluding current maturities3,1952,8972,7502,4062,6462,7552,300
Liabilities, other than long-term debt, including:3,0322,9772,8623,0632,8732,9552,704
Deferred revenue and credits✕✕    2
Pension and other postretirement defined benefit plans, liabilities✕✕✕✕✕✕242
Accumulated deferred investment tax credit7 ✕✕✕✕✕
Deferred tax liabilities, net✕1,3111,2282,3352,1782,2682,125
Liability, pension and other postretirement and postemployment benefits225226193275300316✕
Accrued environmental loss contingencies19    86
Regulatory liability1,2241,2711,283300273263234
Other liabilities200170158154122108100
Other undisclosed liabilities, other than long-term debt1,357    (8)(6)
Total noncurrent liabilities:6,2275,8745,6115,4695,5195,7105,004
Total liabilities:6,8856,7446,5626,4966,2716,2836,098
Stockholders' equity
Stockholders' equity attributable to parent4,1404,0053,8513,4443,3263,2443,037
Common stock2222222
Additional paid in capital1,1291,1261,1131,1041,0991,0861,072
Accumulated other comprehensive loss(28)(29)(23)(29)(35)(41)(28)
Retained earnings3,0362,9062,7602,3672,2602,1981,992
Total stockholders' equity:4,1404,0053,8513,4443,3263,2443,037
TOTAL LIABILITIES AND EQUITY:11,02410,74910,4139,9409,5979,5289,135

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues2,2322,2702,2612,2592,1972,4532,868
Revenue, net✕✕  2,1972,4532,868
Cost of revenue
(Cost of Goods and Services Sold)		(787)(893)(898)(880)(865)(1,107)(1,429)
Gross profit:1,4451,3781,3641,3791,3321,3471,439
Operating expenses(940)(888)(853)(876)(851)(810)(885)
Operating income:504490510503481537554
Nonoperating income10716420312537180118
Public utilities, allowance for funds used during construction, capitalized cost of equity5244014847
Interest and debt expense(148)(156)(144)(142)(149)(148)(148)
Income from continuing operations before equity method investments, income taxes:463498570486369569524
Income from equity method investments     173102
Other undisclosed loss from continuing operations before income taxes     (173)(102)
Income from continuing operations before income taxes:463498570486369569524
Income tax expense (benefit)(30)(72)49(148)(97)(173)(130)
Net income:434426619338271396394
Net loss attributable to noncontrolling interest      (6)
Net income available to common stockholders, diluted:434426619338271396388

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:434426619338271396394
Other comprehensive income (loss)1(6)1166(13)27
Comprehensive income:435420630344278383421
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)     6
Other undisclosed comprehensive loss, net of tax, attributable to parent      (19)
Comprehensive income, net of tax, attributable to parent:434420630344278383409

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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