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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Sep. 30, 2021
Current assets:      
Cash and cash equivalents $ 108,556 $ 18,559 $ 19,502
Accounts receivable 50,850 101,495 39,209
Accrued unbilled revenue 16,857 82,169 16,809
Allowance for uncollectible accounts (2,171) (2,018) (2,702)
Regulatory assets 104,830 72,391 80,638
Derivative instruments 62,710 48,130 105,175
Inventories 98,725 57,262 59,997
Other current assets 41,414 59,288 39,551
Total current assets 481,771 437,276 358,179
Non-current assets:      
Property, plant, and equipment 4,207,328 3,997,243 3,919,096
Less: Accumulated depreciation 1,166,150 1,125,873 1,112,734
Total property, plant, and equipment, net 3,041,178 2,871,370 2,806,362
Regulatory assets 301,660 314,579 325,071
Derivative instruments 8,008 10,730 24,555
Other investments 96,569 89,278 76,027
Operating lease right of use asset, net 73,145 75,049 75,634
Assets under sales-type leases 135,480 138,995 140,189
Goodwill 74,732 70,570 69,789
Other non-current assets 88,169 56,757 53,419
Total non-current assets 3,818,941 3,627,328 3,571,046
Total assets 4,300,712 4,064,604 3,929,225
Current liabilities:      
Short-term debt 141,000 389,500 399,500
Current maturities of long-term debt 50,614 345 278
Accounts payable 118,274 133,486 94,897
Taxes accrued 18,080 15,520 16,558
Interest accrued 11,086 7,503 9,315
Regulatory liabilities 111,551 112,281 164,168
Derivative instruments 19,594 10,402 9,818
Operating lease liabilities 1,361 1,296 1,213
Other current liabilities 39,796 54,432 39,218
Total current liabilities 511,356 724,765 734,965
Long-term debt 1,287,006 1,044,587 916,026
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 349,633 340,231 323,925
Regulatory liabilities 663,547 658,332 665,390
Pension and other postretirement benefit liabilities 160,196 166,684 202,287
Derivative instruments 18,824 412 268
Operating lease liabilities 78,469 79,468 79,789
Other non-current liabilities 110,825 114,979 115,114
Total deferred credits and other non-current liabilities 1,381,494 1,360,106 1,386,773
Commitments and contingencies (Note 16)
Equity:      
Common stock $ 786,094 $ 590,771 $ 573,578
Shares Authorized (in shares) 100,000,000 100,000,000 100,000,000
Shares outstanding (in shares) 35,098,000 31,129,000 30,730,000
Shares issued (in shares) 35,098,000 31,129,000 30,730,000
Par Value (in dollars per share) $ 0 $ 0 $ 0
Retained earnings $ 345,570 $ 355,779 $ 330,109
Accumulated other comprehensive loss (10,808) (11,404) (12,226)
Total equity 1,120,856 935,146 891,461
Total liabilities and equity 4,300,712 4,064,604 3,929,225
Northwest Natural Gas Company [Member]      
Current assets:      
Cash and cash equivalents 11,386 12,271 9,697
Accounts receivable 48,082 99,780 37,328
Accrued unbilled revenue 16,649 82,028 16,702
Receivables from affiliates 221 261 628
Allowance for uncollectible accounts (2,114) (1,962) (2,658)
Regulatory assets 104,830 72,391 80,638
Derivative instruments 62,710 48,130 105,175
Inventories 97,633 56,752 59,641
Other current assets 32,605 47,378 29,075
Total current assets 372,002 417,029 336,226
Non-current assets:      
Property, plant, and equipment 4,124,488 3,931,640 3,857,652
Less: Accumulated depreciation 1,157,400 1,119,361 1,106,901
Total property, plant, and equipment, net 2,967,088 2,812,279 2,750,751
Regulatory assets 301,596 314,539 325,031
Derivative instruments 8,008 10,730 24,555
Other investments 80,871 74,786 75,991
Operating lease right of use asset, net 73,046 74,987 75,565
Assets under sales-type leases 135,480 138,995 140,189
Other non-current assets 86,661 55,027 52,653
Total non-current assets 3,652,750 3,481,343 3,444,735
Total assets 4,024,752 3,898,372 3,780,961
Current liabilities:      
Short-term debt 53,000 245,500 370,500
Current maturities of long-term debt 49,938 0 0
Accounts payable 115,066 131,475 91,947
Payables to affiliates 1,789 1,248 2,568
Taxes accrued 17,914 15,476 16,472
Interest accrued 10,533 7,296 9,258
Regulatory liabilities 111,526 112,281 164,168
Derivative instruments 19,594 10,402 9,818
Operating lease liabilities 1,298 1,273 1,184
Other current liabilities 38,998 53,591 38,642
Total current liabilities 419,656 578,542 704,557
Long-term debt 1,076,533 986,495 857,760
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 346,423 337,717 321,636
Regulatory liabilities 662,565 657,350 664,521
Pension and other postretirement benefit liabilities 160,196 166,684 202,287
Derivative instruments 18,824 412 268
Operating lease liabilities 78,436 79,431 79,752
Other non-current liabilities 109,304 113,934 114,438
Total deferred credits and other non-current liabilities 1,375,748 1,355,528 1,382,902
Commitments and contingencies (Note 16)
Equity:      
Common stock 614,903 435,515 321,641
Retained earnings 548,720 553,696 526,327
Accumulated other comprehensive loss (10,808) (11,404) (12,226)
Total equity 1,152,815 977,807 835,742
Total liabilities and equity $ 4,024,752 $ 3,898,372 $ 3,780,961