Statement of Net Position | ||||
June 30, 2015 | ||||
(Expressed in Thousands) | ||||
Primary Government | ||||
---|---|---|---|---|
Governmental | Business-Type | Component | ||
Activities | Activities | Total | Units | |
Assets | ||||
Cash and Cash Equivalents | $1,227,870 | $651,813 | $1,879,683 | $249,984 |
Deposits with U.S. Treasury | - | 135,027 | 135,027 | - |
Investments | 112,895 | 69,222 | 182,117 | 424,485 |
Receivables, (Net of Allowances) | 2,135,861 | 862,641 | 2,998,502 | 124,557 |
Due from Primary Government | - | - | - | 6,976 |
Inventories | 48,172 | 10,655 | 58,827 | 5,916 |
Restricted Assets | - | 221,928 | 221,928 | 1,101,604 |
Internal Balances | (343,797) | 343,797 | - | - |
Other Current Assets | 7,400 | 38,743 | 46,143 | 15,391 |
Total Current Assets | 3,188,401 | 2,333,826 | 5,522,227 | 1,928,913 |
Noncurrent Assets: | ||||
Cash and Cash Equivalents | - | 461,671 | 461,671 | - |
Due From Component Units | 36,035 | - | 36,035 | - |
Investments | - | 62,451 | 62,451 | 197,445 |
Receivables, (Net of Allowances) | 672,973 | 835,108 | 1,508,081 | 519,297 |
Restricted Assets | 668,426 | 405,445 | 1,073,871 | 4,494,718 |
Capital Assets, (Net of Accumulated Depreciation) | 13,031,241 | 4,151,445 | 17,182,686 | 798,602 |
Other Noncurrent Assets | - | 5,084 | 5,084 | 60,092 |
Total Noncurrent Assets | 14,408,675 | 5,921,204 | 20,329,879 | 6,070,154 |
Total Assets | 17,597,076 | 8,255,030 | 25,852,106 | 7,999,067 |
Deferred Outflows of Resources | ||||
Accumulated Decrease in Fair Value of Hedging Derivatives | 3,361 | - | 3,361 | 104,894 |
Unamortized Losses on Bond Refundings | 96,600 | 12,873 | 109,473 | 71,902 |
Related to Pensions | 2,360,827 | - | 2,360,827 | 7,162 |
Other Deferred Outflows | - | 3,253 | 3,253 | 88 |
Total Deferred Outflows of Resources | 2,460,788 | 16,126 | 2,476,914 | 184,046 |
Liabilities | ||||
Current Liabilities: | ||||
Accounts Payable and Accrued Liabilities | 861,512 | 328,515 | 1,190,027 | 118,980 |
Due to Component Units | 6,976 | - | 6,976 | - |
Due to Primary Government | - | - | - | 36,035 |
Due to Other Governments | 313,861 | 757 | 314,618 | - |
Current Portion of Long-Term Obligations | 1,970,995 | 180,854 | 2,151,849 | 415,872 |
Amount Held for Institutions | - | - | - | 320,224 |
Unearned Revenue | 18,417 | 226,630 | 245,047 | - |
Medicaid Liability | 539,059 | - | 539,059 | - |
Liability for Escheated Property | 395,617 | - | 395,617 | - |
Other Current Liabilities | 43,119 | 92,633 | 135,752 | 48,832 |
Total Current Liabilities | 4,149,556 | 829,389 | 4,978,945 | 939,943 |
Noncurrent Liabilities: | ||||
Non-Current Portion of Long-Term Obligations | 55,310,129 | 1,925,859 | 57,235,988 | 4,795,607 |
Total Noncurrent Liabilities | 55,310,129 | 1,925,859 | 57,235,988 | 4,795,607 |
Total Liabilities | 59,459,685 | 2,755,248 | 62,214,933 | 5,735,550 |
Deferred Inflows of Resources | ||||
Related to Pensions | 1,423,296 | - | 1,423,296 | 5,176 |
Other Deferred Inflows | - | 16,902 | 16,902 | - |
Total Deferred Inflows of Resources | 1,423,296 | 16,902 | 1,440,198 | 5,176 |
Net Position | ||||
Net Investment in Capital Assets | 4,957,690 | 3,448,779 | 8,406,469 | 526,892 |
Restricted For: | ||||
Transportation | 155,031 | - | 155,031 | - |
Debt Service | 615,961 | 4,508 | 620,469 | 31,238 |
Federal Grants and Other Accounts | 71,892 | - | 71,892 | - |
Capital Projects | 54,315 | 288,105 | 342,420 | 102,499 |
Unemployment Compensation | - | - | - | - |
Grant and Loan Programs | 766,375 | - | 766,375 | - |
Clean Water and Drinking Water Projects | - | 698,818 | 698,818 | - |
Bond Indenture Requirements | - | - | - | 964,616 |
Loans | - | 3,742 | 3,742 | - |
Permanent Investments or Endowments: | ||||
Expendable | - | - | - | 96,702 |
Nonexpendable | 107,696 | 13,578 | 121,274 | 339,807 |
Other Purposes | 113,627 | 145,706 | 259,333 | 70,057 |
Unrestricted (Deficit) | (47,667,704) | 895,770 | (46,771,934) | 310,576 |
Total Net Position (Deficit) | $(40,825,117) | $5,499,006 | $(35,326,111) | $2,442,387 |
The accompanying notes are an integral part of the financial statements.