Vectren Corp (VVC) financial statements (2021 and earlier)

Company profile

Business Address ONE VECTREN SQUARE
EVANSVILLE, IN 47708
State of Incorp. IN
Fiscal Year End December 31
SIC 4932 - Gas and Other Services Combined (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments176975862220
Cash and cash equivalents176975862220
Receivables263225228196259217
Inventory, net of allowances, customer advances and progress billings127130134119134159
Inventory127130134119134159
Prepaid expense48253811
Deferred costs1930 10625
Prepaid expense and other current assets73
Other current assets1718261618
Other undisclosed current assets234199173222181185
Total current assets:679679659686630678
Noncurrent Assets
Property, plant and equipment464424415378657598
Long-term investments and receivables205552616278
Long-term investments205552616278
Intangible assets, net (including goodwill)325327330327289284
Goodwill294294294290262262
Intangible assets, net (excluding goodwill)313436372622
Regulated entity, other noncurrent assets417309258234193253
Restricted cash and investments2     
Other noncurrent assets3642414139
Prepaid expense and other noncurrent assets41
Other undisclosed noncurrent assets4,2973,9653,6553,4363,2323,158
Total noncurrent assets:5,5605,1224,7514,4764,4724,411
TOTAL ASSETS:6,2395,8015,4105,1625,1035,089
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities589510432567446414
Accounts payable366302249249227181
Accrued liabilities222208184185182199
Employee-related liabilities   79  
Taxes payable   363634
Interest and dividends payable   19  
Debt3503198832699385
Deferred compensation liability  1121
Customer refund liability   515053
Other undisclosed current liabilities  7(184)(85)(59)
Total current liabilities:938828528763511794
Noncurrent Liabilities
Long-term debt and lease obligation   1,4071,777 
Long-term debt, excluding current maturities   1,4071,777 
Liabilities, other than long-term debt9371,3591,2391,1521,0951,001
Deferred tax liabilities, net 906805741707637
Regulatory liability937454434410387364
Other undisclosed noncurrent liabilities776255236(1,173)(1,611)214
Total noncurrent liabilities:1,7131,6141,4761,3861,2611,215
Other undisclosed liabilities1,7391,5901,7231,4071,7771,553
Total liabilities:4,3904,0333,7263,5563,5483,563
Stockholders' equity
Stockholders' equity attributable to parent1,8491,7681,6841,6071,5541,526
Common stock737730723716709701
Accumulated other comprehensive loss(1)(1)(1)(1)(1)(4)
Retained earnings1,1141,040962892846830
Total stockholders' equity:1,8491,7681,6841,6071,5541,526
TOTAL LIABILITIES AND EQUITY:6,2395,8015,4105,1625,1035,089

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
2,6572,4482,4352,6122,4912,233
Cost of revenue(29)(28)(29)(1,049)(957)(514)
Cost of goods and services sold(29)(28)(29)(703)(591)(219)
Other cost of operating revenue   (346)(367)(295)
Gross profit:2,6282,4202,4051,5631,5341,719
Operating expenses(2,339)(2,067)(2,073)(2,297)(2,158)(1,880)
Other undisclosed operating income2928291,049957514
Operating income:318382362315334353
Nonoperating income (expense)32292020(42)(15)
Public utilities, allowance for funds used during construction, capitalized cost of equity   310
Other nonoperating income33292020188
Interest and debt expense(88)(86)(85)(87)(88)(96)
Income from continuing operations before equity method investments, income taxes:262325297248204242
Income (loss) from equity method investments   1(60)(23)
Other undisclosed income (loss) from continuing operations before income taxes   (1)6023
Income from continuing operations before income taxes:262325297248204242
Income tax expense(46)(113)(100)(81)(67)(83)
Net income available to common stockholders, diluted:216212197167137159

Comprehensive Income ($ in millions)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:216212197167137159
Other comprehensive income (loss) (0)0(1)4 
Other undisclosed comprehensive income     9
Comprehensive income, net of tax, attributable to parent:216212197166140168

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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