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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities:    
Net income $ 49,228 $ 38,367
Adjustments to reconcile net income to cash provided by operations:    
Depreciation 92,819 85,565
Regulatory amortization of gas reserves 2,532 4,527
Deferred income taxes 6,678 7,759
Qualified defined benefit pension plan (benefit) expense (1,823) 4,013
Deferred environmental expenditures, net (14,887) (14,437)
Environmental remediation expense 8,547 7,950
Asset optimization revenue sharing bill credits (10,471) (41,102)
Other 18,079 16,640
Changes in assets and liabilities:    
Receivables, net 182,297 114,755
Inventories (6,484) (41,463)
Income and other taxes 8,770 19,447
Accounts payable (39,695) (30,010)
Deferred gas costs (8,678) (1,785)
Asset optimization revenue sharing 18,667 17,629
Decoupling mechanism (12,328) 7,124
Change in Cloud-based software Assets (12,316) (17,332)
Other, net 20,568 (11,686)
Cash provided by operating activities 301,503 165,961
Investing activities:    
Capital expenditures (242,747) (251,842)
Acquisitions, net of cash acquired (3,248) (2,352)
Other (4,525) (2,810)
Cash used in investing activities (250,520) (257,004)
Financing activities:    
Proceeds from common stock issued, net 40,955 190,929
Long-term debt issued 330,000 290,000
Long-term debt retired (50,000) 0
Changes in other short-term debt, net (187,200) (248,500)
Cash dividend payments on common stock (50,114) (46,434)
Other (4,108) (1,802)
Cash used in financing activities 79,533 184,193
Cash, cash equivalents and restricted cash 171,480 120,270
Increase (decrease) in cash, cash equivalents and restricted cash 130,516 93,150
Supplemental disclosure of cash flow information:    
Interest paid, net of capitalization 51,970 31,774
Income taxes paid, net of refunds 18,963 2,106
Northwest Natural Gas Company [Member]    
Operating activities:    
Net income 55,837 41,343
Adjustments to reconcile net income to cash provided by operations:    
Depreciation 88,470 83,166
Regulatory amortization of gas reserves 2,532 4,527
Deferred income taxes 1,411 7,013
Qualified defined benefit pension plan (benefit) expense (1,823) 4,013
Deferred environmental expenditures, net (14,887) (14,437)
Environmental remediation expense 8,547 7,950
Asset optimization revenue sharing bill credits (10,471) (41,102)
Other 17,331 16,665
Changes in assets and liabilities:    
Receivables, net 183,116 115,915
Inventories (6,173) (40,881)
Income and other taxes 6,942 17,412
Accounts payable (43,315) (32,023)
Deferred gas costs (8,678) (1,785)
Asset optimization revenue sharing 18,667 17,629
Decoupling mechanism (12,328) 7,124
Change in Cloud-based software Assets (12,316) (17,332)
Other, net 21,306 (12,604)
Cash provided by operating activities 294,168 162,593
Investing activities:    
Capital expenditures (216,368) (236,467)
Other (3,524) (2,810)
Cash used in investing activities (219,892) (239,277)
Financing activities:    
Capital contributions from parent 30,000 179,388
Long-term debt issued 330,000 140,000
Long-term debt retired (50,000) 0
Changes in other short-term debt, net (170,200) (192,500)
Cash dividend payments on common stock (75,123) (46,319)
Other (3,713) (1,617)
Cash used in financing activities 60,964 78,952
Cash, cash equivalents and restricted cash 159,911 23,100
Increase (decrease) in cash, cash equivalents and restricted cash 135,240 2,268
Supplemental disclosure of cash flow information:    
Interest paid, net of capitalization 39,911 28,326
Income taxes paid, net of refunds $ 27,745 $ 5,990