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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Property, plant and equipment, at cost $ 12,293,056 $ 11,620,019
Less: accumulated depreciation 2,336,287 2,107,142
Net property, plant and equipment 9,956,769 9,512,877
Current assets:    
Cash and cash equivalents 9,736 4,827
Accounts receivable, net 108,210 154,775
Unbilled revenues 63,479 118,538
Inventory - materials and supplies 35,023 21,669
Inventory - gas stored 78,787 36,732
Prepayments and other current assets 29,871 38,594
Regulatory assets 27,398 5,085
Total current assets 352,504 380,220
Regulatory assets 1,404,837 1,362,788
Deferred charges and other assets, net 118,910 56,002
Funds restricted for construction activity 1,288 1,268
Goodwill 2,340,836 2,324,547
Operating lease right-of-use assets 55,386 60,334
Intangible assets 5,955 7,241
Total assets 14,236,485 13,705,277
Stockholders' equity:    
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 255,981,932 and 248,571,355 as of September 30, 2021 and December 31, 2020 127,990 124,285
Capital in excess of par value 3,698,095 3,379,057
Retained earnings 1,385,631 1,261,862
Treasury stock, at cost, 3,240,349 and 3,180,887 shares as of September 30, 2021 and December 31, 2020 (83,854) (81,327)
Total stockholders' equity 5,127,862 4,683,877
Long-term debt, excluding current portion 5,638,961 5,545,890
Less: debt issuance costs 40,247 38,146
Long-term debt, excluding current portion, net of debt issuance costs 5,598,714 5,507,744
Commitments and contingencies (See Note 14)
Current liabilities:    
Current portion of long-term debt 63,418 84,353
Loans payable 46,582 78,198
Accounts payable 163,836 177,489
Book overdraft 20,749 44,003
Accrued interest 70,461 39,408
Accrued taxes 37,502 37,172
Regulatory liabilities 171 19,866
Other accrued liabilities 113,310 123,384
Total current liabilities 516,029 603,873
Deferred credits and other liabilities:    
Deferred income taxes and investment tax credits 1,352,425 1,258,098
Customers' advances for construction 110,939 99,014
Regulatory liabilities 778,416 773,310
Asset retirement obligations 1,363 1,336
Operating lease liabilities 50,086 55,642
Pension and other postretirement benefit liabilities 61,690 91,896
Other 50,856 56,713
Total deferred credits and other liabilities 2,405,775 2,336,009
Contributions in aid of construction 588,105 573,774
Total liabilities and equity $ 14,236,485 $ 13,705,277