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.