Statement of Net Position
June 30, 2016
(Expressed in Thousands)
Primary Government
Governmental Business-Type Component
Activities Activities Total Units
Assets
Current Assets:
Cash and Cash Equivalents $881,229 $784,140 $1,665,369 $277,149
Deposits with U.S. Treasury - 382,161 382,161 -
Investments 111,549 34,139 145,688 407,943
Receivables, (Net of Allowances) 2,383,816 630,912 3,014,728 93,996
Due from Primary Government - - - 5,202
Inventories 48,282 12,667 60,949 5,954
Restricted Assets - 149,081 149,081 1,076,729
Internal Balances (362,055) 362,055 - -
Other Current Assets 9,002 30,711 39,713 18,405
Total Current Assets 3,071,823 2,385,866 5,457,689 1,885,378
Noncurrent Assets:
Cash and Cash Equivalents - 482,781 482,781 -
Due From Component Units 35,623 - 35,623 -
Investments - 55,710 55,710 205,609
Receivables, (Net of Allowances) 828,162 973,035 1,801,197 471,545
Restricted Assets 738,240 263,274 1,001,514 4,508,525
Capital Assets, (Net of Accumulated Depreciation) 13,705,901 4,538,697 18,244,598 793,094
Other Noncurrent Assets 107 6,055 6,162 54,138
Total Noncurrent Assets 15,308,033 6,319,552 21,627,585 6,032,911
Total Assets 18,379,856 8,705,418 27,085,274 7,918,289
Deferred Outflows of Resources
Accumulated Decrease in Fair Value of Hedging Derivatives 1,857 - 1,857 98,541
Unamortized Losses on Bond Refundings 95,903 9,204 105,107 66,341
Related to Pensions 2,558,497 - 2,558,497 19,743
Other Deferred Outflows - 2,921 2,921 72
Total Deferred Outflows of Resources 2,656,257 12,125 2,668,382 184,697
Liabilities
Current Liabilities:
Accounts Payable and Accrued Liabilities 910,608 403,759 1,314,367 124,135
Due to Component Units 5,202 - 5,202 -
Due to Primary Government - - - 35,623
Due to Other Governments 362,842 239 363,081 -
Current Portion of Long-Term Obligations 2,089,680 165,597 2,255,277 369,796
Amount Held for Institutions - - - 318,694
Unearned Revenue 25,681 43,467 69,148 -
Medicaid Liability 561,749 - 561,749 -
Liability for Escheated Property 465,177 - 465,177 -
Other Current Liabilities 79,255 101,893 181,148 48,410
Total Current Liabilities 4,500,194 714,955 5,215,149 896,658
Noncurrent Liabilities:
Non-Current Portion of Long-Term Obligations 60,580,323 1,714,497 62,294,820 4,844,324
Total Noncurrent Liabilities 60,580,323 1,714,497 62,294,820 4,844,324
Total Liabilities 65,080,517 2,429,452 67,509,969 5,740,982
Deferred Inflows of Resources
Related to Pensions 83,337 - 83,337 7,657
Other Deferred Inflows - 19,004 19,004 1,886
Total Deferred Inflows of Resources 83,337 19,004 102,341 9,543
Net Position
Net Investment in Capital Assets 4,530,912 3,794,464 8,325,376 521,716
Restricted For:
Transportation 112,838 - 112,838 -
Debt Service 679,678 4,508 684,186 7,276
Federal Grants and Other Accounts 182,006 - 182,006 -
Capital Projects 90,048 166,916 256,964 110,309
Unemployment Compensation - - - -
Grant and Loan Programs 693,046 - 693,046 -
Clean Water and Drinking Water Projects - 713,555 713,555 -
Bond Indenture Requirements - - - 887,556
Loans - 2,597 2,597 -
Permanent Investments or Endowments:
Expendable - - - 85,872
Nonexpendable 107,295 13,080 120,375 355,533
Other Purposes 112,285 189,036 301,321 80,899
Unrestricted (Deficit) (50,635,847) 1,384,932 (49,250,915) 303,300
Total Net Position (Deficit) $(44,127,739) $6,269,088 $(37,858,651) $2,352,461
The accompanying notes are an integral part of the financial statements.

The accompanying notes are an integral part of the financial statements.