Fortis Inc
TSX:FTS
Balance Sheet
Balance Sheet Decomposition
Fortis Inc
Current Assets | 4B |
Cash & Short-Term Investments | 569m |
Receivables | 1.9B |
Other Current Assets | 1.5B |
Non-Current Assets | 63.6B |
PP&E | 44.6B |
Intangibles | 14B |
Other Non-Current Assets | 5B |
Current Liabilities | 6.6B |
Accounts Payable | 2.8B |
Short-Term Debt | 126m |
Other Current Liabilities | 3.7B |
Non-Current Liabilities | 38.8B |
Long-Term Debt | 27.7B |
Other Non-Current Liabilities | 11.1B |
Balance Sheet
Fortis Inc
Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
230
|
242
|
269
|
327
|
332
|
370
|
249
|
131
|
209
|
625
|
|
Cash Equivalents |
230
|
242
|
269
|
327
|
332
|
370
|
249
|
131
|
209
|
625
|
|
Total Receivables |
900
|
926
|
1 127
|
1 131
|
1 357
|
1 297
|
1 369
|
1 511
|
2 339
|
1 818
|
|
Accounts Receivables |
813
|
855
|
1 025
|
1 036
|
1 080
|
1 070
|
1 102
|
1 269
|
1 759
|
1 549
|
|
Other Receivables |
87
|
71
|
102
|
95
|
277
|
227
|
267
|
242
|
580
|
269
|
|
Inventory |
321
|
337
|
372
|
367
|
398
|
394
|
422
|
478
|
661
|
566
|
|
Other Current Assets |
336
|
352
|
398
|
382
|
1 174
|
513
|
572
|
608
|
1 060
|
1 016
|
|
Total Current Assets |
1 787
|
1 857
|
2 166
|
2 207
|
3 261
|
2 574
|
2 612
|
2 728
|
4 269
|
4 025
|
|
PP&E Net |
17 843
|
19 595
|
29 337
|
29 668
|
32 654
|
34 150
|
36 160
|
37 983
|
41 838
|
43 573
|
|
PP&E Gross |
17 843
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Accumulated Depreciation |
205
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Intangible Assets |
461
|
541
|
1 011
|
1 081
|
1 200
|
1 260
|
1 291
|
1 343
|
1 548
|
1 510
|
|
Goodwill |
3 732
|
4 173
|
12 364
|
11 644
|
12 530
|
12 004
|
11 792
|
11 720
|
12 464
|
12 184
|
|
Note Receivable |
13
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Long-Term Investments |
12
|
125
|
99
|
124
|
153
|
126
|
158
|
178
|
115
|
133
|
|
Other Long-Term Assets |
2 385
|
2 500
|
2 927
|
3 098
|
3 253
|
3 290
|
3 468
|
3 707
|
4 018
|
4 495
|
|
Other Assets |
3 732
|
4 173
|
12 364
|
11 644
|
12 530
|
12 004
|
11 792
|
11 720
|
12 464
|
12 184
|
|
Total Assets |
26 233
N/A
|
28 804
+10%
|
47 904
+66%
|
47 822
0%
|
53 051
+11%
|
53 404
+1%
|
55 481
+4%
|
57 659
+4%
|
64 252
+11%
|
65 920
+3%
|
|
Liabilities | |||||||||||
Accounts Payable |
720
|
712
|
1 037
|
1 066
|
1 111
|
754
|
707
|
774
|
886
|
990
|
|
Accrued Liabilities |
358
|
372
|
564
|
585
|
629
|
696
|
720
|
781
|
843
|
857
|
|
Short-Term Debt |
330
|
511
|
1 155
|
209
|
60
|
512
|
132
|
247
|
253
|
119
|
|
Current Portion of Long-Term Debt |
733
|
410
|
327
|
752
|
1 178
|
714
|
1 254
|
1 632
|
2 483
|
2 299
|
|
Other Current Liabilities |
535
|
633
|
861
|
892
|
1 274
|
1 500
|
1 335
|
1 368
|
2 152
|
1 699
|
|
Total Current Liabilities |
2 676
|
2 638
|
3 944
|
3 504
|
4 252
|
4 176
|
4 148
|
4 802
|
6 617
|
5 964
|
|
Long-Term Debt |
10 406
|
11 271
|
21 277
|
21 105
|
23 549
|
21 914
|
23 444
|
24 040
|
26 267
|
27 574
|
|
Deferred Income Tax |
1 626
|
2 050
|
3 263
|
1 416
|
1 804
|
2 969
|
3 344
|
3 627
|
4 060
|
4 399
|
|
Minority Interest |
421
|
473
|
1 853
|
1 746
|
1 923
|
1 582
|
1 587
|
1 628
|
1 812
|
1 827
|
|
Other Liabilities |
2 413
|
2 492
|
2 970
|
5 048
|
4 990
|
4 232
|
4 261
|
4 274
|
4 466
|
4 651
|
|
Total Liabilities |
17 542
N/A
|
18 924
+8%
|
33 307
+76%
|
32 819
-1%
|
36 518
+11%
|
34 873
-5%
|
36 784
+5%
|
38 371
+4%
|
43 222
+13%
|
44 415
+3%
|
|
Equity | |||||||||||
Common Stock |
7 487
|
7 687
|
12 385
|
13 205
|
13 512
|
15 268
|
15 442
|
15 860
|
16 279
|
16 731
|
|
Retained Earnings |
1 060
|
1 388
|
1 455
|
1 727
|
2 082
|
2 916
|
3 210
|
3 458
|
3 733
|
4 112
|
|
Additional Paid In Capital |
15
|
14
|
12
|
10
|
11
|
11
|
11
|
10
|
10
|
9
|
|
Unrealized Security Profit/Loss |
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Equity |
129
|
793
|
745
|
61
|
928
|
336
|
34
|
40
|
1 008
|
653
|
|
Total Equity |
8 691
N/A
|
9 880
+14%
|
14 597
+48%
|
15 003
+3%
|
16 533
+10%
|
18 531
+12%
|
18 697
+1%
|
19 288
+3%
|
21 030
+9%
|
21 505
+2%
|
|
Total Liabilities & Equity |
26 233
N/A
|
28 804
+10%
|
47 904
+66%
|
47 822
0%
|
53 051
+11%
|
53 404
+1%
|
55 481
+4%
|
57 659
+4%
|
64 252
+11%
|
65 920
+3%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
276
|
282
|
401
|
421
|
429
|
463
|
467
|
467
|
482
|
491
|
|
Preferred Shares Outstanding |
74
|
74
|
66
|
66
|
66
|
66
|
66
|
66
|
66
|
66
|