Consolidated Statements of Financial Position—Assets

 
As of December 31,
In millions
2009
2008
Current assets
Cash and cash equivalents (Note 1)
$ 26
$ 16
Receivables (Note 1)
Energy marketing receivables
615
549
Gas
178
264
Unbilled revenues
155
181
Other
29
27
Less allowance for uncollectible accounts
14
16
Total receivables
963
1,005
Inventories (Note 1)
Natural gas stored underground
649
629
Other
23
34
Total inventories
672
663
Derivative financial instruments – current portion (Note 1 and Note 2)
188
207
Unrecovered regulatory infrastructure program costs – current portion (Note 1)
43
41
Unrecovered environmental remediation costs – current portion (Note 1 and Note 7)
11
18
Other current assets
97
92
Total current assets
2,000
2,042
Long-term assets and other deferred debits
Property, plant and equipment
5,939
5,500
Less accumulated depreciation
1,793
1,684
Property, plant and equipment – net (Note 1)
4,146
3,816
Goodwill (Note 1)
418
418
Unrecovered regulatory infrastructure program costs (Note 1)
223
196
Unrecovered environmental remediation costs (Note 1 and Note 7)
161
125
Derivative financial instruments (Note 1 and Note 2)
52
38
Other
74
75
Total long-term assets and other deferred debits
5,074
4,668
Total assets
$7,074
$6,710

See Notes to Consolidated Financial Statements.

Consolidated Statements of Financial Position—Liabilities and Equity

 
As of December 31,
In millions, except share amounts
2009
2008
Current liabilities
Short-term debt (Note 6)
$ 602
$ 866
Energy marketing trade payable
524
539
Accounts payable – trade
237
202
Accrued wages and salaries
56
42
Accrued regulatory infrastructure program costs – current portion (Note 1)
55
49
Derivative financial instruments – current portion (Note 1 and Note 2)
52
50
Customer deposits
41
50
Accrued interest (Note 7)
41
35
Accrued taxes
35
36
Deferred natural gas costs (Note 1)
30
25
Accrued environmental remediation liabilities – current portion (Note 1 and Note 7)
25
17
Other current liabilities
74
72
Total current liabilities
1,772
1,983
Long-term liabilities and other deferred credits
Long-term debt (Note 6)
1,974
1,675
Accrued deferred income taxes (Note 1 and Note 8)
695
571
Accumulated removal costs (Note 1)
183
178
Accrued pension obligations (Note 3)
159
199
Accrued regulatory infrastructure program costs (Note 1)
155
140
Accrued environmental remediation liabilities (Note 1 and Note 7)
119
89
Accrued postretirement benefit costs (Note 3)
38
46
Derivative financial instruments (Note 1 and Note 2)
10
6
Other long-term liabilities and other deferred credits
150
139
Total long-term liabilities and other deferred credits
3,483
3,043
Total liabilities and other deferred credits
5,255
5,026
Commitments and contingencies (see Note 7)
Equity
AGL Resources Inc. common shareholders’ equity, $5 par value; 750 million shares authorized
1,780
1,652
Noncontrolling interest (Note 5)
39
32
Total equity
1,819
1,684
Total liabilities and equity
$7,074
$6,710

See Notes to Consolidated Financial Statements.