Teco Energy Inc (TE) financial statements (2021 and earlier)

Company profile

Business Address 702 N FRANKLIN ST
TAMPA, FL 33602
State of Incorp. FL
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)

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments24294624555633
Cash and cash equivalents24294624555633
Receivables268257240281271273263
Derivative instruments and hedges, assets    010
Regulatory current assets22184045433952
Disposal group, including discontinued operation     9797
Other undisclosed current assets193215221221318313284
Total current assets:507519547570688779729
Noncurrent Assets
Property, plant and equipment7,7627,6747,5537,4827,3267,2427,165
Intangible assets, net (including goodwill)408408408408408408408
Goodwill408408408408408408408
Regulated entity, other noncurrent assets459393393395331343350
Disposal group, including discontinued operation, noncurrent assets      61
Other undisclosed noncurrent assets878679105646665
Total noncurrent assets:8,7168,5618,4348,3918,1298,0598,049
TOTAL ASSETS:9,2249,0808,9818,9618,8178,8388,778
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities382368272305331342335
Accounts payable264295190255216258248
Taxes payable65462813614629
Interest and dividends payable53275436553858
Debt61161583333333333525
Derivative instruments and hedges, liabilities212224242436
Regulatory liability14813010885695049
Disposal group, including discontinued operation     3034
Customer advances and deposits161169177182180180178
Other liabilities45222523181717
Other undisclosed current liabilities 3451324712886206
Total current liabilities:1,3481,3391,2011,1991,0841,0621,379
Noncurrent Liabilities
Long-term debt and lease obligation    3,5183,5193,103
Long-term debt, excluding current maturities    3,5183,5193,103
Liabilities, other than long-term debt5,2825,2315,1985,2031,3371,3631,348
Deferred revenue and credits    999
Deferred tax liabilities, net    609573548
Regulatory liability    716713720
Disposal group, including discontinued operation, liabilities     6666
Other liabilities5,2825,2315,1985,203   
Derivative instruments and hedges, liabilities    325
Other undisclosed noncurrent liabilities    317342360
Total noncurrent liabilities:5,2825,2315,1985,2035,1715,2234,811
Total liabilities:6,6306,5696,3996,4026,2556,2856,190
Stockholders' equity
Stockholders' equity attributable to parent2,5942,5102,5822,5592,5622,5532,587
Common stock 236236235235235236
Additional paid in capital2,1551,8991,8951,8951,8911,8861,882
Accumulated other comprehensive loss(18)(11)(12)(12)(9)(11)(15)
Retained earnings457388464441444444485
Total stockholders' equity:2,5942,5102,5822,5592,5622,5532,587
TOTAL LIABILITIES AND EQUITY:9,2249,0808,9818,9618,8178,8388,778

Income statement (P&L) ($ in millions)

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
Revenues727652660676694681693
Cost of revenue(265)(584)(226)(546)(531)(536)(545)
Cost of goods and services sold(265)(216)(226)(242)(242)(241)(264)
Gross profit:46268433130163144148
Operating expenses(340)(1)(285)(4)(16)(1)(2)
Operating income:12267148126147143146
Nonoperating income9774655
Public utilities, allowance for funds used during construction, additions766 544
Other nonoperating income212 112
Interest and debt expense(44)(44)(46)(46)(46)(46)(48)
Income from continuing operations before income taxes:873010984107102104
Income tax expense(17)(24)(36)(33)(42)(41)(40)
Income from continuing operations:6967451656264
Income (loss) from discontinued operations (0)0(1)(12)(50)(6)
Net income attributable to parent:6957451531258
Other undisclosed net loss available to common stockholders, basic (0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted:6957450531258

Comprehensive Income ($ in millions)

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
Net income:6957451531258
Other comprehensive income (loss)(6)01(4)241
Comprehensive income, net of tax, attributable to parent:6357547561659

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: