OGE Energy Corp (OGE) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7851 9414075
Cash and cash equivalents 1 9414075
Short-term investments785      
Receivables230234229247263255246
Inventory, net of allowances, customer advances and progress billings413746588480114
Inventory413746588480114
Deferred costs15234253513
Regulatory current assets 20491941 47
Other current assets73412430558256
Other undisclosed current assets(667)9439106378231
Total current assets:614429430557497550570
Noncurrent Assets
Operating lease, right-of-use asset33  
Property, plant and equipment9,8339,3759,0458,6448,3407,6967,322
Long-term investments and receivables1204841,2341,2511,2371,2321,265
Long-term investments1204841,2341,2511,2371,2321,265
Regulated entity, other noncurrent assets24  (23)(21)(16) 
Other noncurrent assets1,255432315297339462440
Other undisclosed noncurrent assets728  232116 
Total noncurrent assets:11,99310,29010,59410,1919,9169,3909,027
TOTAL ASSETS:12,60610,71911,02410,74910,4139,9409,597
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities488459393449421393461
Accounts payable274252195239230205263
Employee-related liabilities38314148364554
Taxes payable53564244454146
Interest and dividends payable12312111611711010198
Debt48795112250418461110
Regulatory liability3352937   
Customer refund liability 29502 61
Customer advances and deposits817877
Other liabilities34346587299644
Other undisclosed current liabilities79465447   
Total current liabilities:1,0906976588699511,027753
Noncurrent Liabilities
Long-term debt and lease obligation4,4963,4943,1952,8972,7502,4062,646
Long-term debt, excluding current maturities4,4963,4943,1952,8972,7502,4062,646
Liabilities, other than long-term debt, including:2,9642,8953,0322,9772,8623,0632,873
Accumulated deferred investment tax credit13117 
Deferred tax liabilities, net1,3111,2282,3352,178
Liability, pension and other postretirement and postemployment benefits160231225226193275300
Accrued environmental loss contingencies262519    
Regulatory liability1,2311,1891,2241,2711,283300273
Other liabilities227195200170158154122
Other undisclosed liabilities, other than long-term debt1,3081,2441,357    
Total noncurrent liabilities:7,4616,3906,2275,8745,6115,4695,519
Total liabilities:8,5507,0876,8856,7446,5626,4966,271
Temporary equity, carrying amount785      
Stockholders' equity
Stockholders' equity attributable to parent4,0563,6324,1404,0053,8513,4443,326
Common stock2222222
Treasury stock, value(0)(5)     
Additional paid in capital1,1241,1231,1291,1261,1131,1041,099
Accumulated other comprehensive loss(25)(32)(28)(29)(23)(29)(35)
Retained earnings2,9552,5453,0362,9062,7602,3672,260
Total stockholders' equity:4,0563,6324,1404,0053,8513,4443,326
Other undisclosed liabilities and equity(785)      
TOTAL LIABILITIES AND EQUITY:12,60610,71911,02410,74910,4139,9409,597

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues3,6542,1222,2322,2702,2612,2592,197
Revenue, net  2,197
Cost of revenue
(Cost of Goods and Services Sold)
(2,128)(645)(787)(893)(898)(880)(865)
Gross profit:1,5261,4781,4451,3781,3641,3791,332
Operating expenses(982)(956)(940)(888)(853)(876)(851)
Operating income:544522504490510503481
Nonoperating income (expense)493(665)10716420312537
Public utilities, allowance for funds used during construction, capitalized cost of equity7552440148
Interest and debt expense(158)(159)(148)(156)(144)(142)(149)
Income (loss) from continuing operations before income taxes:879(301)463498570486369
Income tax expense (benefit)(141)127(30)(72)49(148)(97)
Net income (loss) available to common stockholders, diluted:737(174)434426619338271

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):737(174)434426619338271
Other comprehensive income (loss)7(4)1(6)1166
Comprehensive income (loss):745(178)435420630344278
Comprehensive income (loss), net of tax, attributable to noncontrolling interest1(1)(1)    
Comprehensive income (loss), net of tax, attributable to parent:746(179)434420630344278

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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