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Statements of Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Property, Plant and Equipment    
Plant $ 29,816.1 $ 27,551.3
Accumulated depreciation and amortization (8,104.1) (7,708.7)
Net Property, Plant and Equipment [1] 21,712.0 19,842.6
Investments and Other Assets    
Unconsolidated affiliates 5.2 1.6
Available-for-sale debt securities (amortized cost of $178.2 and $166.7, allowance for credit losses of $0.9 and $0.9, respectively) 161.9 151.6
Other investments 76.4 71.0
Total Investments and Other Assets 243.5 224.2
Current Assets    
Cash and cash equivalents 56.0 40.8
Restricted Cash 50.6 34.6
Accounts receivable 585.1 1,065.8
Allowance for credit losses (15.5) (23.9)
Accounts receivable, net 569.6 1,041.9
Gas inventory 297.8 531.7
Materials and supplies, at average cost 183.7 151.4
Electric production fuel, at average cost 60.0 68.8
Exchange gas receivable 37.8 128.1
Regulatory assets 217.8 233.2
Prepayments and other 162.6 210.0
Total Current Assets [1] 1,815.4 2,584.3
Other Assets    
Regulatory assets 2,277.5 2,347.6
Goodwill 1,485.9 1,485.9
Deferred charges and other 293.9 252.0
Total Other Assets 4,057.3 4,085.5
Total Assets 27,828.2 26,736.6
Stockholders' Equity    
Common stock - $0.01 par value, 600,000,000 shares authorized; 413,324,607 and 412,142,602 shares outstanding, respectively $ 4.2 $ 4.2
Preferred Stock, Shares Outstanding 902,500 1,302,500
Preferred stock - $0.01 par value, 20,000,000 shares authorized; 902,500 and 1,302,500 shares outstanding, respectively $ 1,152.6 $ 1,546.5
Treasury stock (99.9) (99.9)
Additional paid-in capital 7,393.0 7,375.3
Retained deficit (1,200.6) (1,213.6)
Accumulated other comprehensive loss (36.9) (37.1)
Total NiSource Stockholders’ Equity 7,212.4 7,575.4
Noncontrolling interest in consolidated subsidiaries 556.9 326.4
Total Equity 7,769.3 7,901.8
Long-term debt, excluding amounts due within one year 11,011.3 9,523.6
Total Capitalization 18,780.6 17,425.4
Current Liabilities    
Current portion of long-term debt 26.8 30.0
Short-term borrowings 2,219.9 1,761.9
Accounts payable 648.2 899.5
Dividends payable - common stock 103.8 0.0
Dividends payable - preferred stock 8.1 0.0
Customer deposits and credits 286.6 324.7
Taxes accrued 176.1 246.2
Interest accrued 150.4 138.4
Exchange gas payable 44.1 147.6
Regulatory liabilities 320.2 236.8
Asset Retirement Obligation 57.1 35.5
Accrued compensation and employee benefits 183.3 167.5
Obligations to renewable generation asset developer 0.0 347.2
Other accruals 170.8 325.2
Total Current Liabilities [2] 4,395.4 4,660.5
Other Liabilities    
Deferred income taxes 2,011.4 1,854.5
Accrued liability for postretirement and postemployment benefits 236.0 245.5
Regulatory liabilities 1,643.5 1,775.8
Asset retirement obligations 469.8 478.1
Other noncurrent liabilities 291.5 296.8
Total Other Liabilities [2] 4,652.2 4,650.7
Total Capitalization and Liabilities 27,828.2 26,736.6
Joint Ventures    
Property, Plant and Equipment    
Net Property, Plant and Equipment 1,338.6  
Current Assets    
Total Current Assets 65.5 25.7
Current Liabilities    
Total Current Liabilities 41.0 128.2
Other Liabilities    
Total Other Liabilities $ 55.0 $ 30.6
[1] Includes $1,338.6 million and $978.5 million at September 30, 2023 and December 31, 2022, respectively, of net property, plant and equipment assets and $65.5 million and $25.7 million at September 30, 2023 and December 31, 2022, respectively, of current assets of consolidated VIEs that may be used only to settle obligations of the consolidated VIEs. Refer to Note 11, "Variable Interest Entities," for additional information.
[2] Includes $41.0 million and $128.2 million at September 30, 2023 and December 31, 2022, respectively, of current liabilities and $55.0 million and $30.6 million at September 30, 2023 and December 31, 2022, respectively, of other liabilities of consolidated VIEs that creditors do not have recourse to our general credit. Refer to Note 11, "Variable Interest Entities," for additional information.