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Statement of Net Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues:        
Revenues $ 107,883 $ 109,758 $ 327,667 $ 331,435
Operating Expenses:        
Operation and maintenance 24,201 23,143 63,875 63,629
General and administrative 11,321 13,448 36,674 38,237
Depreciation and amortization 27,799 28,510 83,852 85,659
Taxes — other than income taxes 1,576 4,022 9,212 12,452
Regulatory charges resulting from tax rate changes 0 5,944 0 17,637
Other (income) expense, net (3,600) 821 (12,609) 1,544
Total operating expenses 61,297 75,888 181,004 219,158
Operating Income 46,586 33,870 146,663 112,277
Other (Income) and Other Expenses:        
Interest expense 6,849 7,853 21,069 23,172
Allowance for equity and borrowed funds used during construction (AFUDC) (1,153) (885) (2,535) (2,354)
Miscellaneous other (income) expense, net (2,239) (1,914) (6,930) (3,515)
Total other (income) and other expenses 3,457 5,054 11,604 17,303
Net Income 43,129 28,816 135,059 94,974
Natural gas transportation        
Operating Revenues:        
Revenues 101,914 105,193 308,469 319,113
Natural gas storage        
Operating Revenues:        
Revenues 3,662 3,294 11,700 9,701
Other        
Operating Revenues:        
Revenues $ 2,307 $ 1,271 $ 7,498 $ 2,621