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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Jun. 30, 2021
Current assets:      
Cash and cash equivalents $ 17,209 $ 18,559 $ 20,084
Accounts receivable 68,583 101,495 60,713
Accrued unbilled revenue 18,060 82,169 13,592
Allowance for uncollectible accounts (1,356) (2,018) (3,283)
Regulatory assets 92,803 72,391 60,672
Derivative instruments 60,652 48,130 46,168
Inventories 65,983 57,262 39,024
Income taxes receivable 0 0 6,000
Other current assets 36,060 59,288 30,871
Total current assets 357,994 437,276 273,841
Non-current assets:      
Property, plant, and equipment 4,129,236 3,997,243 3,849,792
Less: Accumulated depreciation 1,150,555 1,125,873 1,093,863
Total property, plant, and equipment, net 2,978,681 2,871,370 2,755,929
Regulatory assets 301,855 314,579 330,710
Derivative instruments 9,121 10,730 7,912
Other investments 96,027 89,278 77,577
Operating lease right of use asset, net 73,754 75,049 76,294
Assets under sales-type leases 136,673 138,995 141,408
Goodwill 70,714 70,570 69,313
Other non-current assets 75,699 56,757 50,516
Total non-current assets 3,742,524 3,627,328 3,509,659
Total assets 4,100,518 4,064,604 3,783,500
Current liabilities:      
Short-term debt 222,700 389,500 240,000
Current maturities of long-term debt 351 345 60,274
Accounts payable 135,364 133,486 97,854
Taxes accrued 11,324 15,520 15,143
Interest accrued 7,425 7,503 7,425
Regulatory liabilities 97,277 112,281 103,210
Derivative instruments 15,918 10,402 3,393
Operating lease liabilities 1,315 1,296 1,228
Other current liabilities 47,624 54,432 43,946
Total current liabilities 539,298 724,765 572,473
Long-term debt 1,045,530 1,044,587 915,501
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 355,470 340,231 325,600
Regulatory liabilities 658,925 658,332 645,046
Pension and other postretirement benefit liabilities 162,511 166,684 203,854
Derivative instruments 9,475 412 453
Operating lease liabilities 78,826 79,468 80,088
Other non-current liabilities 111,704 114,979 117,659
Total deferred credits and other non-current liabilities 1,376,911 1,360,106 1,372,700
Commitments and contingencies (Note 16)
Equity:      
Common stock $ 767,826 $ 590,771 $ 569,785
Shares Authorized (in shares) 100,000,000 100,000,000 100,000,000
Shares outstanding (in shares) 34,754,000 31,129,000 30,672,000
Shares issued (in shares) 34,754,000 31,129,000 30,672,000
Par Value (in dollars per share) $ 0 $ 0 $ 0
Retained earnings $ 381,963 $ 355,779 $ 365,501
Accumulated other comprehensive loss (11,010) (11,404) (12,460)
Total equity 1,138,779 935,146 922,826
Total liabilities and equity 4,100,518 4,064,604 3,783,500
Northwest Natural Gas Company [Member]      
Current assets:      
Cash and cash equivalents 10,267 12,271 11,488
Accounts receivable 66,186 99,780 51,849
Accrued unbilled revenue 17,840 82,028 13,474
Receivables from affiliates 300 261 301
Allowance for uncollectible accounts (1,299) (1,962) (3,239)
Regulatory assets 92,803 72,391 60,672
Derivative instruments 60,652 48,130 46,168
Inventories 64,726 56,752 38,549
Other current assets 31,784 47,378 30,630
Total current assets 343,259 417,029 249,892
Non-current assets:      
Property, plant, and equipment 4,052,467 3,931,640 3,794,870
Less: Accumulated depreciation 1,142,611 1,119,361 1,088,743
Total property, plant, and equipment, net 2,909,856 2,812,279 2,706,127
Regulatory assets 301,790 314,539 330,670
Derivative instruments 9,121 10,730 7,912
Other investments 81,486 74,786 77,547
Operating lease right of use asset, net 73,706 74,987 76,211
Assets under sales-type leases 136,673 138,995 141,408
Other non-current assets 74,106 55,027 49,665
Total non-current assets 3,586,738 3,481,343 3,389,540
Total assets 3,929,997 3,898,372 3,639,432
Current liabilities:      
Short-term debt 78,700 245,500 198,000
Current maturities of long-term debt 0 0 59,987
Accounts payable 132,002 131,475 95,109
Payables to affiliates 7,259 1,248 22,869
Taxes accrued 11,289 15,476 10,072
Interest accrued 7,207 7,296 7,373
Regulatory liabilities 97,277 112,281 103,210
Derivative instruments 15,918 10,402 3,393
Operating lease liabilities 1,298 1,273 1,193
Other current liabilities 46,816 53,591 43,389
Total current liabilities 397,766 578,542 544,595
Long-term debt 986,762 986,495 857,422
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 352,606 337,717 323,522
Regulatory liabilities 657,943 657,350 644,177
Pension and other postretirement benefit liabilities 162,511 166,684 203,854
Derivative instruments 9,475 412 453
Operating lease liabilities 78,789 79,431 80,043
Other non-current liabilities 110,469 113,934 116,975
Total deferred credits and other non-current liabilities 1,371,793 1,355,528 1,369,024
Commitments and contingencies (Note 16)
Equity:      
Common stock 601,032 435,515 319,506
Retained earnings 583,654 553,696 561,345
Accumulated other comprehensive loss (11,010) (11,404) (12,460)
Total equity 1,173,676 977,807 868,391
Total liabilities and equity $ 3,929,997 $ 3,898,372 $ 3,639,432