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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net income $ 58,793 $ 42,646
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 56,241 50,511
Regulatory amortization of gas reserves 7,597 8,567
Deferred income taxes 1,048 (2,004)
Qualified defined benefit pension plan expense 7,874 8,892
Contributions to qualified defined benefit pension plans (9,590) (8,470)
Deferred environmental expenditures, net (9,625) (9,897)
Amortization of environmental remediation 5,286 5,627
Other 1,610 (5,931)
Changes in assets and liabilities:    
Receivables, net 73,133 73,954
Inventories 3,666 (52)
Income and other taxes 21,467 20,966
Accounts payable (17,239) (18,919)
Deferred gas costs (26,962) 115
Asset optimization revenue sharing 36,872 (11,657)
Decoupling mechanism (6,860) 4,281
Other, net (9,030) 3,967
Discontinued operations 0 (547)
Cash provided by operating activities 194,281 162,049
Investing activities:    
Capital expenditures (130,108) (122,282)
Acquisitions, net of cash acquired (55) (37,940)
Leasehold improvement expenditures (163) (7,519)
Proceeds from the sale of assets 2,234 7,905
Other 209 263
Discontinued operations 0 (846)
Cash used in investing activities (127,883) (160,419)
Financing activities:    
Proceeds from common stock issued 0 68
Long-term debt issued 55,000 150,000
Long-term debt retired (35,000) (75,000)
Proceeds from term loan due within one year 100,000 150,000
Repayments of commercial paper, maturities greater than 90 days (195,025) 0
Proceeds from (Repayments of) Short-term Debt 30,500 (66,100)
Cash dividend payments on common stock (27,842) (27,679)
Other (1,175) (3,007)
Net Cash Provided by (Used in) Financing Activities (73,542) 128,282
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 28,310 142,548
Increase in cash and cash equivalents (7,144) 129,912
Supplemental disclosure of cash flow information:    
Interest paid, net of capitalization 21,971 23,156
Income taxes paid, net of refunds 7,405 544
Northwest Natural Gas Company [Member]    
Operating activities:    
Net income 60,700 44,467
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 54,699 49,176
Regulatory amortization of gas reserves 7,597 8,567
Deferred income taxes 201 (2,766)
Qualified defined benefit pension plan expense 7,874 8,892
Contributions to qualified defined benefit pension plans (9,590) (8,470)
Deferred environmental expenditures, net (9,625) (9,897)
Amortization of environmental remediation 5,286 5,627
Other 481 (6,746)
Changes in assets and liabilities:    
Receivables, net 74,354 74,625
Inventories 3,775 249
Income and other taxes 19,440 22,038
Accounts payable (19,936) (22,186)
Deferred gas costs (26,962) 115
Asset optimization revenue sharing 36,872 (11,657)
Decoupling mechanism (6,860) 4,281
Other, net (8,361) 5,979
Cash provided by operating activities 189,945 162,294
Investing activities:    
Capital expenditures (125,167) (118,227)
Leasehold improvement expenditures (163) (7,519)
Proceeds from the sale of assets 2,234 7,905
Other 209 269
Cash used in investing activities (122,887) (117,572)
Financing activities:    
Long-term debt issued 0 150,000
Long-term debt retired 0 (75,000)
Proceeds from term loan due within one year 100,000 150,000
Repayments of commercial paper, maturities greater than 90 days (195,025) 0
Proceeds from (Repayments of) Short-term Debt 61,500 (122,100)
Cash dividend payments on common stock (27,935) (27,614)
Other (1,623) (3,140)
Net Cash Provided by (Used in) Financing Activities (63,083) 72,146
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 19,714 125,775
Increase in cash and cash equivalents 3,975 116,868
Supplemental disclosure of cash flow information:    
Interest paid, net of capitalization 21,285 21,794
Income taxes paid, net of refunds $ 10,910 $ 950