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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1 94140756
Cash and cash equivalents1 94140756
Receivables234229247263255246266
Inventory, net of allowances, customer advances and progress billings374658848011459
Inventory374658848011459
Deferred costs3425351371
Regulatory current assets20491941 4797
Other current assets41243055825637
Other undisclosed current assets9439106378231171
Total current assets:429430557497550570706
Noncurrent Assets
Property, plant and equipment9,3759,0458,6448,3407,6967,3226,980
Long-term investments and receivables4841,2341,2511,2371,2321,2651,388
Long-term investments4841,2341,2511,2371,2321,2651,388
Regulated entity, other noncurrent assets  (23)(21)(16) 412
Other noncurrent assets432315297339462440454
Other undisclosed noncurrent assets  232116 (412)
Total noncurrent assets:10,29010,59410,1919,9169,3909,0278,822
TOTAL ASSETS:10,71911,02410,74910,4139,9409,5979,528
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities459393449421393461350
Accounts payable252195239230205263179
Employee-related liabilities31414836455438
Taxes payable56424445414640
Interest and dividends payable1211161171101019893
Debt9511225041846111098
Regulatory liability352937   24
Customer refund liability29502 61 
Customer advances and deposits81787774
Other liabilities34658729964452
Other undisclosed current liabilities465447   (24)
Total current liabilities:6976588699511,027753573
Noncurrent Liabilities
Long-term debt and lease obligation3,4943,1952,8972,7502,4062,6462,755
Long-term debt, excluding current maturities3,4943,1952,8972,7502,4062,6462,755
Liabilities, other than long-term debt, including:2,8953,0322,9772,8623,0632,8732,955
Accumulated deferred investment tax credit117 
Deferred tax liabilities, net1,3111,2282,3352,1782,268
Liability, pension and other postretirement and postemployment benefits231225226193275300316
Accrued environmental loss contingencies2519    8
Regulatory liability1,1891,2241,2711,283300273263
Other liabilities195200170158154122108
Other undisclosed liabilities, other than long-term debt1,2441,357    (8)
Total noncurrent liabilities:6,3906,2275,8745,6115,4695,5195,710
Total liabilities:7,0876,8856,7446,5626,4966,2716,283
Stockholders' equity
Stockholders' equity attributable to parent3,6324,1404,0053,8513,4443,3263,244
Common stock2222222
Treasury stock, value(5)      
Additional paid in capital1,1231,1291,1261,1131,1041,0991,086
Accumulated other comprehensive loss(32)(28)(29)(23)(29)(35)(41)
Retained earnings2,5453,0362,9062,7602,3672,2602,198
Total stockholders' equity:3,6324,1404,0053,8513,4443,3263,244
TOTAL LIABILITIES AND EQUITY:10,71911,02410,74910,4139,9409,5979,528

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,1222,2322,2702,2612,2592,1972,453
Revenue, net  2,1972,453
Cost of revenue
(Cost of Goods and Services Sold)
(645)(787)(893)(898)(880)(865)(1,107)
Gross profit:1,4781,4451,3781,3641,3791,3321,347
Operating expenses(956)(940)(888)(853)(876)(851)(810)
Operating income:522504490510503481537
Nonoperating income (expense)(665)10716420312537180
Public utilities, allowance for funds used during construction, capitalized cost of equity5524401484
Interest and debt expense(159)(148)(156)(144)(142)(149)(148)
Income (loss) from continuing operations before equity method investments, income taxes:(301)463498570486369569
Income from equity method investments      173
Other undisclosed loss from continuing operations before income taxes      (173)
Income (loss) from continuing operations before income taxes:(301)463498570486369569
Income tax expense (benefit)127(30)(72)49(148)(97)(173)
Net income (loss) available to common stockholders, diluted:(174)434426619338271396

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(174)434426619338271396
Other comprehensive income (loss)(4)1(6)1166(13)
Comprehensive income (loss):(178)435420630344278383
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)(1)     
Comprehensive income (loss), net of tax, attributable to parent:(179)434420630344278383

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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