XML 18 R3.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Sep. 30, 2019
Current assets:      
Cash and cash equivalents $ 35,926 $ 9,648 $ 10,522
Accounts receivable 40,278 67,137 29,617
Accrued unbilled revenue 14,787 56,192 17,934
Allowance for uncollectible accounts (1,786) (673) (180)
Regulatory assets 29,740 41,929 47,996
Derivative instruments 24,094 6,802 5,987
Inventories 45,082 43,985 41,230
Gas reserves 12,265 15,278 16,392
Income Taxes Receivable, Current 0 256 0
Other current assets 25,534 38,004 18,617
Discontinued operations current assets 16,928 15,134 14,612
Total current assets 242,848 293,692 202,727
Non-current assets:      
Property, plant, and equipment 3,680,872 3,476,746 3,416,718
Less: Accumulated depreciation 1,073,623 1,037,847 1,027,330
Property, Plant and Equipment, Net 2,607,249 2,438,899 2,389,388
Gas reserves 37,696 48,394 51,978
Regulatory assets 324,176 343,146 313,890
Derivative instruments 12,921 3,337 1,610
Other investments 48,963 63,333 63,018
Operating lease right of use asset 78,036 2,950 3,917
Assets under sales-type leases 144,971 146,310 147,918
Goodwill 70,292 49,929 49,333
Other non-current assets 50,945 38,464 27,839
Total non-current assets 3,375,249 3,134,762 3,048,891
Total assets 3,618,097 3,428,454 3,251,618
Current liabilities:      
Short-term debt 223,000 149,100 65,580
Current maturities of long-term debt 95,173 75,109 94,671
Accounts payable 83,813 113,370 76,197
Taxes accrued 13,772 11,971 13,382
Interest accrued 9,645 7,451 10,406
Regulatory liabilities 59,236 44,657 37,573
Derivative instruments 1,784 2,000 4,156
Operating lease liabilities 1,081 2,101 3,171
Other current liabilities 49,870 62,705 39,873
Discontinued operations current liabilities 13,922 13,709 13,399
Total current liabilities 551,296 482,173 358,408
Long-term debt 860,235 805,955 806,014
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 296,516 295,643 284,625
Regulatory liabilities 649,521 625,717 615,813
Pension and other postretirement benefit liabilities 202,938 228,129 215,007
Derivative instruments 921 609 2,998
Operating lease liabilities 80,854 841 732
Other non-current liabilities 123,041 123,388 123,352
Total deferred credits and other non-current liabilities 1,353,791 1,274,327 1,242,527
Commitments and contingencies (Note 16)
Equity:      
Common stock $ 563,852 $ 558,282 $ 556,623
Shares Authorized (in shares) 100,000,000 100,000,000 100,000,000
Shares outstanding (in shares) 30,565,000 30,472,000 30,435,000
Shares issued (in shares) 30,565,000 30,472,000 30,435,000
Par Value (in dollars per share) $ 0 $ 0 $ 0
Retained earnings $ 299,150 $ 318,450 $ 296,256
Accumulated other comprehensive loss (10,227) (10,733) (8,210)
Total equity 852,775 865,999 844,669
Total liabilities and equity 3,618,097 3,428,454 3,251,618
Northwest Natural Gas Company [Member]      
Current assets:      
Cash and cash equivalents 27,133 5,919 6,274
Accounts receivable 31,659 66,823 29,065
Accrued unbilled revenue 14,709 56,139 17,843
Receivables from affiliates 641 787 1,106
Allowance for uncollectible accounts (1,784) (672) (178)
Regulatory assets 29,740 41,929 47,996
Derivative instruments 24,094 6,802 5,987
Inventories 44,709 43,896 41,148
Gas reserves 12,265 15,278 16,392
Other current assets 20,236 33,258 17,519
Total current assets 203,402 270,159 183,152
Non-current assets:      
Property, plant, and equipment 3,633,570 3,456,075 3,397,053
Less: Accumulated depreciation 1,070,405 1,036,593 1,026,631
Property, Plant and Equipment, Net 2,563,165 2,419,482 2,370,422
Gas reserves 37,696 48,394 51,978
Regulatory assets 324,136 343,146 313,890
Derivative instruments 12,921 3,337 1,610
Other investments 48,929 49,837 49,503
Operating lease right of use asset 77,949 2,760 3,745
Assets under sales-type leases 144,972 146,310 147,918
Other non-current assets 50,197 38,062 27,423
Total non-current assets 3,259,965 3,051,328 2,966,489
Total assets 3,463,367 3,321,487 3,149,641
Current liabilities:      
Short-term debt 150,000 125,100 45,500
Current maturities of long-term debt 59,940 74,907 94,633
Accounts payable 82,582 111,641 75,126
Payables to affiliates 11,134 1,546 4,185
Taxes accrued 13,604 11,717 12,941
Interest accrued 9,552 7,441 10,405
Regulatory liabilities 59,236 44,657 37,573
Derivative instruments 1,784 2,000 4,156
Operating lease liabilities 1,020 1,979 3,075
Other current liabilities 48,555 61,438 38,328
Total current liabilities 437,407 442,426 325,922
Long-term debt 857,174 769,081 768,995
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 307,257 309,297 298,039
Regulatory liabilities 648,651 625,717 615,813
Pension and other postretirement benefit liabilities 202,938 228,129 215,007
Derivative instruments 921 609 2,998
Operating lease liabilities 80,830 772 654
Other non-current liabilities 122,684 123,260 123,259
Total deferred credits and other non-current liabilities 1,363,281 1,287,784 1,255,770
Equity:      
Common stock 319,557 319,557 319,634
Retained earnings 496,175 513,372 487,530
Accumulated other comprehensive loss (10,227) (10,733) (8,210)
Total equity 805,505 822,196 798,954
Total liabilities and equity $ 3,463,367 $ 3,321,487 $ 3,149,641