Essential Utilities Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
WTRG$45.17+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Capitalization – December 31, 2023 and 2022
CONSOLIDATED STATEMENTS OF CAPITALIZATION
| December 31, | |||||
|---|---|---|---|---|---|
| 2023 · 2022 | |||||
| Stockholders' equity: | |||||
| Common stock, $0.50 par value | $138,297 | $133,486 | |||
| Capital in excess of par value | 4,137,696 | 3,793,262 | |||
| Retained earnings | 1,706,675 | 1,534,331 | |||
| Treasury stock, at cost | (86,485) | (83,693) | |||
| Total stockholders' equity | 5,896,183 | 5,377,386 | |||
| Long-term debt of subsidiaries (substantially collateralized by utility plant): | |||||
| Interest Rate Range | Maturity Date Range | ||||
| 0.00% to 0.99% | 2023 to 2033 | 2,935 | 1,875 | ||
| 1.00% to 1.99% | 2023 to 2039 | 7,538 | 8,369 | ||
| 2.00% to 2.99% | 2024 to 2058 | 207,917 | 209,755 | ||
| 3.00% to 3.99% | 2023 to 2056 | 1,313,932 | 1,351,432 | ||
| 4.00% to 4.99% | 2023 to 2059 | 1,245,727 | 1,403,313 | ||
| 5.00% to 5.99% | 2023 to 2061 | 312,745 | 14,357 | ||
| 6.00% to 6.99% | 2026 to 2036 | 31,000 | 31,000 | ||
| 7.00% to 7.99% | 2025 to 2027 | 28,125 | 28,378 | ||
| 8.00% to 8.99% | 2025 | 1,289 | 2,116 | ||
| 9.00% to 9.99% | 2026 | 11,800 | 11,800 | ||
| 3,163,008 | 3,062,395 | ||||
| Notes payable to bank under revolving credit agreement, variable rate, due 2027 | 720,000 | 490,000 | |||
| Unsecured notes payable: | |||||
| Notes at 2.40% due 2031 | 400,000 | 400,000 | |||
| Notes at 2.704% due 2030 | 500,000 | 500,000 | |||
| Notes ranging from 3.01% to 3.59%, due 2029 through 2050 | 1,125,000 | 1,125,000 | |||
| Notes at 4.28%, due 2049 | 500,000 | 500,000 | |||
| Notes at 5.30%, due 2052 | 500,000 | 500,000 | |||
| Notes at 5.95%, due 2023 through 2034 | 30,000 | 40,000 | |||
| Total long-term debt | 6,938,008 | 6,617,395 | |||
| Current portion of long-term debt | 67,415 | 199,356 | |||
| Long-term debt, excluding current portion | 6,870,593 | 6,418,039 | |||
| Less: debt issuance costs | 44,508 | 46,982 | |||
| Long-term debt, excluding current portion, net of debt issuance costs | 6,826,085 | 6,371,057 | |||
| Total capitalization | $12,722,268 | $11,748,443 | |||
| See accompanying notes to consolidated financial statements. | |||||
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