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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Net income $ 56,239 $ 59,517
Adjustments to reconcile net income to cash provided by operations:    
Depreciation 28,429 28,097
Regulatory amortization of gas reserves 1,481 3,634
Deferred income taxes 8,780 3,145
Qualified defined benefit pension plan expense 1,441 3,937
Contributions to qualified defined benefit pension plans 0 (4,540)
Deferred environmental expenditures, net (4,345) (4,270)
Environmental remediation expense 4,703 3,777
Asset optimization revenue sharing bill credits (41,102) (9,053)
Other 6,325 6,134
Changes in assets and liabilities:    
Receivables, net 38,664 1,044
Inventories 23,885 16,454
Income and other taxes 14,436 22,975
Accounts payable (16,487) (2,329)
Deferred gas costs 11,728 (28,912)
Asset optimization revenue sharing (646) 34,633
Decoupling mechanism 4,434 656
Other, net 3,072 2,166
Cash provided by operating activities 141,037 137,065
Investing activities:    
Capital expenditures (68,514) (65,702)
Acquisitions, net of cash acquired 0 (42)
Proceeds from the sale of assets 195 1,960
Other (1,431) (91)
Cash used in investing activities (69,750) (63,875)
Financing activities:    
Proceeds from common stock issued, net 9,938 0
Repayment of commercial paper, maturities greater than three months 0 (100,000)
Changes in other short-term debt, net (57,000) 31,700
Cash dividend payments on common stock (14,452) (13,858)
Other (1,250) (974)
Cash used in financing activities (62,764) (83,132)
Cash, cash equivalents and restricted cash 35,643 25,512
Increase (decrease) in cash, cash equivalents and restricted cash 8,523 (9,942)
Supplemental disclosure of cash flow information:    
Interest paid, net of capitalization 7,977 8,976
Income taxes paid, net of refunds 773 800
Northwest Natural Gas Company [Member]    
Operating activities:    
Net income 57,416 60,111
Adjustments to reconcile net income to cash provided by operations:    
Depreciation 27,637 27,169
Regulatory amortization of gas reserves 1,481 3,634
Deferred income taxes 8,744 2,592
Qualified defined benefit pension plan expense 1,441 3,937
Contributions to qualified defined benefit pension plans 0 (4,540)
Deferred environmental expenditures, net (4,345) (4,270)
Environmental remediation expense 4,703 3,777
Asset optimization revenue sharing bill credits (41,102) (9,053)
Other 5,786 5,454
Changes in assets and liabilities:    
Receivables, net 36,920 421
Inventories 23,995 16,588
Income and other taxes 12,383 21,488
Accounts payable (15,525) (711)
Deferred gas costs 11,728 (28,912)
Asset optimization revenue sharing (646) 34,633
Decoupling mechanism 4,434 656
Other, net 3,180 3,299
Cash provided by operating activities 138,230 136,273
Investing activities:    
Capital expenditures (64,317) (64,098)
Proceeds from the sale of assets 195 1,960
Other (1,431) (91)
Cash used in investing activities (65,553) (62,229)
Financing activities:    
Capital contributions from parent 527 0
Repayment of commercial paper, maturities greater than three months 0 (100,000)
Changes in other short-term debt, net (57,000) 43,700
Cash dividend payments on common stock (14,338) (13,951)
Other (1,215) (1,509)
Cash used in financing activities (72,026) (71,760)
Cash, cash equivalents and restricted cash 21,483 18,023
Increase (decrease) in cash, cash equivalents and restricted cash 651 2,284
Supplemental disclosure of cash flow information:    
Interest paid, net of capitalization 7,288 8,585
Income taxes paid, net of refunds $ 3,300 $ 2,880