Title 18, Part 367 — Uniform System of Accounts for Centralized Service Companies Subject to the Provisions of the Public Utility Holding Company Act of 2005, Federal Power Act and Natural Gas Act

221 sections

Section 367.1

Definitions.

Section 367.2

Companies for which this system of accounts is prescribed.

Submittal of questions.

Distribution of pay and expenses of employees.

Section 367.12

Payroll distribution.

Section 367.13

Accounting to be on accrual basis.

Section 367.14

Transactions with associate companies.

Section 367.15

Contingent assets and liabilities.

Section 367.16

Long-term debt: Premium, discount and expense, and gain or loss on reacquisition.

Section 367.17

Comprehensive inter-period income tax allocation.

Section 367.18

Criteria for classifying leases.

Section 367.19

Accounting for leases.

Section 367.20

Depreciation accounting.

Section 367.22

Accounting for asset retirement obligations.

Section 367.23

Transactions with non-associate companies.

Section 367.24

Construction and service contracts for other companies.

Section 367.25

Determination of service cost.

Section 367.26

Departmental classification.

Section 367.27

Billing procedures.

Section 367.28

Methods of allocation.

Section 367.29

Compensation for use of capital.

Section 367.30

Cost accumulation system for associate companies.

Section 367.50

Service company property to be recorded at cost.

Section 367.51

Components of construction.

Section 367.52

Overhead construction costs.

Section 367.53

Service company property purchased or sold.

Section 367.54

Expenditures on leased property.

Section 367.55

Land and land rights.

Section 367.56

Structures and improvements.

Section 367.57

Equipment.

Section 367.58

Property record system required for service company property.

Section 367.59

Additions and retirements of property.

Section 367.80

Supervision and engineering.

Accounts 131-174, Current and accrued assets.

Section 367.101

Accounts 231-243, Current and accrued liabilities.

Section 367.102

Accounts 408.1 and 408.2, Taxes other than income taxes.

Section 367.103

Accounts 409.1, 409.2, and 409.3, Income taxes.

Section 367.104

Accounts 410.1, 410.2, 411.1, and 411.2, Provision for deferred income taxes.

Section 367.105

Accounts 411.4, and 411.5, Investment tax credit adjustments.

Section 367.106

Accounts 426.1, 426.2, 426.3, 426.4, and 426.5, Miscellaneous expense accounts.

Section 367.1010

Account 101, Service company property.

Section 367.1011

Account 101.1, Property under capital leases.

Section 367.1060

Account 106, Completed construction not classified.

Section 367.1070

Account 107, Construction work in progress.

Section 367.1080

Account 108, Accumulated provision for depreciation of service company property.

Section 367.1110

Account 111, Accumulated provision for amortization of service company property.

Section 367.1230

Account 123, Investment in associate companies.

Section 367.1240

Account 124, Other investments.

Section 367.1280

Account 128, Other special funds.

Section 367.1310

Account 131, Cash.

Section 367.1340

Account 134, Other special deposits.

Section 367.1350

Account 135, Working funds.

Section 367.1360

Account 136, Temporary cash investments.

Section 367.1410

Account 141, Notes receivable.

Section 367.1420

Account 142, Customer accounts receivable.

Section 367.1430

Account 143, Other accounts receivable.

Section 367.1440

Account 144, Accumulated provision for uncollectible accounts—Credit.

Section 367.1450

Account 145, Notes receivable from associate companies.

Section 367.1460

Account 146, Accounts receivable from associate companies.

Section 367.1520

Account 152, Fuel stock expenses undistributed.

Section 367.1540

Account 154, Materials and operating supplies.

Section 367.1630

Account 163, Stores expense undistributed.

Section 367.1650

Account 165, Prepayments.

Section 367.1710

Account 171, Interest and dividends receivable.

Section 367.1720

Account 172, Rents receivable.

Section 367.1730

Account 173, Accrued revenues.

Section 367.1740

Account 174, Miscellaneous current and accrued assets.

Section 367.1750

Account 175, Derivative instrument assets.

Section 367.1760

Account 176, Derivative instrument assets—Hedges.

Section 367.1810

Account 181, Unamortized debt expense.

Section 367.1823

Account 182.3, Other regulatory assets.

Section 367.1830

Account 183, Preliminary survey and investigation charges.

Section 367.1840

Account 184, Clearing accounts.

Section 367.1850

Account 185, Temporary facilities.

Section 367.1860

Account 186, Miscellaneous deferred debits.

Section 367.1880

Account 188, Research, development, or demonstration expenditures.

Section 367.1890

Account 189, Unamortized loss on reacquired debt.

Section 367.1900

Account 190, Accumulated deferred income taxes.

Section 367.2010

Account 201, Common stock issued.

Section 367.2040

Account 204, Preferred stock issued.

Section 367.2110

Account 211, Miscellaneous paid-in capital.

Section 367.2150

Account 215, Appropriated retained earnings.

Section 367.2160

Account 216, Unappropriated retained earnings.

Section 367.2161

Account 216.1, Unappropriated undistributed subsidiary earnings.

Section 367.2190

Account 219, Accumulated other comprehensive income.

Section 367.2230

Account 223, Advances from associate companies.

Section 367.2240

Account 224, Other long-term debt.

Section 367.2250

Account 225, Unamortized premium on long-term debt.

Section 367.2260

Account 226, Unamortized discount on long-term debt—Debit.

Section 367.2270

Account 227, Obligations under capital lease—Non-current.

Section 367.2282

Account 228.2, Accumulated provision for injuries and damages.

Section 367.2283

Account 228.3, Accumulated provision for pensions and benefits.

Section 367.2300

Account 230, Asset retirement obligations.

Section 367.2310

Account 231, Notes payable.

Section 367.2320

Account 232, Accounts payable.

Section 367.2330

Account 233, Notes payable to associate companies.

Section 367.2340

Account 234, Accounts payable to associate companies.

Section 367.2360

Account 236, Taxes accrued.

Section 367.2370

Account 237, Interest accrued.

Section 367.2380

Account 238, Dividends declared.

Section 367.2410

Account 241, Tax collections payable.

Section 367.2420

Account 242, Miscellaneous current and accrued liabilities.

Section 367.2430

Account 243, Obligations under capital leases—Current.

Section 367.2440

Account 244, Derivative instrument liabilities.

Section 367.2450

Account 245, Derivative instrument liabilities—Hedges

Section 367.2530

Account, 253, Other deferred credits.

Section 367.2540

Account 254, Other regulatory liabilities.

Section 367.2550

Account 255, Accumulated deferred investment tax credits.

Section 367.2820

Account 282, Accumulated deferred income taxes—Other property.

Section 367.2830

Account 283, Accumulated deferred income taxes—Other.

Section 367.3010

Account 301, Organization.

Section 367.3030

Account 303, Miscellaneous intangible property.

Section 367.3060

Account 306, Leasehold improvements.

Section 367.3890

Account 389, Land and land rights.

Section 367.3900

Account 390, Structures and improvements.

Section 367.3910

Account 391, Office furniture and equipment.

Section 367.3920

Account 392, Transportation equipment.

Section 367.3930

Account 393, Stores equipment.

Section 367.3940

Account 394, Tools, shop and garage equipment.

Section 367.3950

Account 395, Laboratory equipment.

Section 367.3960

Account 396, Power operated equipment.

Section 367.3970

Account 397, Communication equipment.

Section 367.3980

Account 398, Miscellaneous equipment.

Section 367.3990

Account 399, Other tangible property.

Section 367.3991

Account 399.1, Asset retirement costs for service company property.

Section 367.4000

Account 400, Operating revenues.

Section 367.4010

Account 401, Operation expense.

Section 367.4020

Account 402, Maintenance expense.

Section 367.4030

Account 403, Depreciation expense.

Section 367.4031

Account 403.1, Depreciation expense for asset retirement costs.

Section 367.4040

Account 404, Amortization of limited-term property.

Section 367.4050

Account 405, Amortization of other property.

Section 367.4073

Account 407.3, Regulatory debits.

Section 367.4074

Account 407.4, Regulatory credits.

Section 367.4081

Account 408.1, Taxes other than income taxes, operating income.

Section 367.4082

Account 408.2, Taxes other than income taxes, other income and deductions.

Section 367.4091

Account 409.1, Income taxes, operating income.

Section 367.4092

Account 409.2, Income taxes, other income and deductions.

Section 367.4093

Account 409.3, Income taxes, extraordinary items.

Section 367.4101

Account 410.1, Provision for deferred income taxes, operating income.

Section 367.4102

Account 410.2, Provision for deferred income taxes, other income and deductions.

Section 367.4111

Account 411.1, Provision for deferred income taxes—Credit, operating income.

Section 367.4112

Account 411.2, Provision for deferred income taxes—Credit, other income and deductions.

Section 367.4114

Account 411.4, Investment tax credit adjustments, service company property.

Section 367.4115

Account 411.5, Investment tax credit adjustments, other.

Section 367.4116

Account 411.6, Gains from disposition of service company plant.

Section 367.4117

Account 411.7, Losses from disposition of service company plant.

Section 367.4118

Account 411.10, Accretion expense.

Section 367.4120

Account 412, Cost and expenses of construction or other services.

Section 367.4160

Account 416, Costs and expenses of merchandising, jobbing and contract work.

Section 367.4180

Account 418, Non-operating rental income.

Section 367.4181

Account 418.1, Equity in earnings of subsidiary companies.

Section 367.4190

Account 419, Interest and dividend income.

Section 367.4191

Account 419.1, Allowance for other funds used during construction.

Section 367.4210

Account 421, Miscellaneous income or loss.

Section 367.4211

Account 421.1, Gain on disposition of property.

Section 367.4212

Account 421.2, Loss on disposition of property.

Section 367.4250

Account 425, Miscellaneous amortization.

Section 367.4261

Account 426.1, Donations.

Section 367.4262

Account 426.2, Life insurance.

Section 367.4263

Account 426.3, Penalties.

Section 367.4264

Account 426.4, Expenditures for certain civic, political and related activities.

Section 367.4265

Account 426.5, Other deductions.

Section 367.4270

Account 427, Interest on long-term debt.

Section 367.4280

Account 428, Amortization of debt discount and expense.

Section 367.4290

Account 429, Amortization of premium on debt—Credit.

Section 367.4300

Account 430, Interest on debt to associate companies.

Section 367.4310

Account 431, Other interest expense.

Section 367.4320

Account 432, Allowance for borrowed funds used during construction—Credit.

Section 367.4330

Account 433, Balance transferred from income.

Section 367.4340

Account 434, Extraordinary income.

Section 367.4350

Account 435, Extraordinary deductions.

Section 367.4360

Account 436, Appropriations of retained earnings.

Section 367.4370

Account 437, Dividends declared—preferred stock.

Section 367.4380

Account 438, Dividends declared—common stock.

Section 367.4390

Account 439, Adjustments to retained earnings.

Section 367.4570

Account 457, Services rendered to associate companies.

Section 367.4571

Account 457.1, Direct costs charged to associate companies.

Section 367.4572

Account 457.2, Indirect costs charged to associate companies.

Section 367.4573

Account 457.3, Compensation for use of capital-associate companies.

Section 367.4580

Account 458, Services rendered to non-associate companies.

Section 367.4581

Account 458.1, Direct costs charged to non-associate companies.

Section 367.4582

Account 458.2, Indirect costs charged to non-associate companies.

Section 367.4583

Account 458.3, Compensation for use of capital—Non-associate companies.

Section 367.4584

Account 458.4, Excess or deficiency on servicing non-associate utility companies.

Section 367.5000

Accounts 500-598, Electric operation and maintenance accounts.

Section 367.8000

Accounts 800-894, Gas operation and maintenance accounts.

Section 367.9010

Account 901, Supervision.

Section 367.9020

Account 902, Meter reading expenses.

Section 367.9030

Account 903, Customer records and collection expenses.

Section 367.9040

Account 904, Uncollectible accounts.

Section 367.9050

Account 905, Miscellaneous customer accounts expenses.

Section 367.9070

Account 907, Supervision.

Section 367.9080

Account 908, Customer assistance expenses.

Section 367.9090

Account 909, Informational and instructional advertising expenses.

Section 367.9100

Account 910, Miscellaneous customer service and informational expenses.

Section 367.9110

Account 911, Supervision.

Section 367.9120

Account 912, Demonstrating and selling expenses.

Section 367.9130

Account 913, Advertising expenses.

Section 367.9160

Account 916, Miscellaneous sales expenses.

Section 367.9200

Account 920, Administrative and general salaries.

Section 367.9210

Account 921, Office supplies and expenses.

Section 367.9230

Account 923, Outside services employed.

Section 367.9240

Account 924, Property insurance.

Section 367.9250

Account 925, Injuries and damages.

Section 367.9260

Account 926, Employee pensions and benefits.

Section 367.9280

Account 928, Regulatory commission expenses.

Section 367.9301

Account 930.1, General advertising expenses for associated companies.

Section 367.9302

Account 930.2, Miscellaneous general expenses.

Section 367.9310

Account 931, Rents.

Section 367.9350

Account 935, Maintenance of structures and equipment.