Company: AWK
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001410636-25-000150
Chunk: 31

Company: American Water Works Company, Inc.
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS

American Water Works Company, Inc. and Subsidiary Companies

Consolidated Balance Sheets (Unaudited)

(In millions, except share and per share data)

 June 30, 2025December 31, 2024ASSETSProperty, plant and equipment $36,137 $35,059 Accumulated depreciation(7,205)(7,021)Property, plant and equipment, net28,932 28,038 Current assets:  Cash and cash equivalents94 96 Restricted funds17 29 Accounts receivable, net of allowance for uncollectible accounts of $56 and $53, respectively424 416 Income tax receivable25 25 Unbilled revenues434 315 Materials and supplies109 103 Other296 231 Total current assets1,399 1,215 Regulatory and other long-term assets:  Regulatory assets1,178 1,150 Secured seller promissory note from the sale of the Homeowner Services Group795 795 Operating lease right-of-use assets89 89 Goodwill1,151 1,144 Other369 399 Total regulatory and other long-term assets3,582 3,577 Total assets$33,913 $32,830 

The accompanying notes are an integral part of these Consolidated Financial Statements.

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Table of Contents

American Water Works Company, Inc. and Subsidiary Companies

Consolidated Balance Sheets (Unaudited)

(In millions, except share and per share data)

 June 30, 2025December 31, 2024CAPITALIZATION AND LIABILITIESCapitalization:  Common stock ($0.01 par value; 500,000,000 shares authorized; 200,551,058 and 200,371,701 shares issued, respectively)$2 $2 Paid-in-capital8,621 8,598 Retained earnings 2,445 2,112 Accumulated other comprehensive income5 12 Treasury stock, at cost (5,452,694 and 5,451,216 shares, respectively)(391)(392)Total common shareholders' equity10,682 10,332 Long-term debt12,278 12,518 Redeemable preferred stock at redemption value3 3 Total long-term debt12,281 12,