XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Property, plant and equipment, at cost $ 13,111,170 $ 12,610,376
Less: accumulated depreciation 2,518,805 2,358,510
Net property, plant and equipment 10,592,365 10,251,866
Current assets:    
Cash and cash equivalents 12,976 10,567
Accounts receivable, net 143,385 141,025
Unbilled revenues 79,394 119,896
Inventory - materials and supplies 38,193 33,756
Inventory - gas stored 90,417 75,804
Prepayments and other current assets 31,722 36,597
Regulatory assets 17,208 20,150
Total current assets 413,295 437,795
Regulatory assets 1,511,541 1,429,840
Deferred charges and other assets, net 136,764 141,955
Funds restricted for construction activity 1,313 1,313
Goodwill 2,340,792 2,340,815
Operating lease right-of-use assets 44,713 48,930
Intangible assets 5,381 5,764
Total assets 15,046,164 14,658,278
Stockholders' equity:    
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 265,415,337 and 256,102,388 as of June 30, 2022 and December 31, 2021 132,707 128,050
Capital in excess of par value 3,715,975 3,705,814
Retained earnings 1,577,442 1,434,201
Treasury stock, at cost, 3,244,664 and 3,234,765 shares as of June 30, 2022 and December 31, 2021 (84,092) (83,615)
Total stockholders' equity 5,342,032 5,184,450
Long-term debt, excluding current portion 6,135,390 5,815,211
Less: debt issuance costs 47,654 35,707
Long-term debt, excluding current portion, net of debt issuance costs 6,087,736 5,779,504
Commitments and contingencies (See Note 13)
Current liabilities:    
Current portion of long-term debt 120,931 132,146
Loans payable 4,703 65,000
Accounts payable 194,105 192,932
Book overdraft 20,659 81,722
Accrued interest 43,384 40,815
Accrued taxes 34,457 37,924
Regulatory liabilities 1,878 384
Other accrued liabilities 124,008 124,140
Total current liabilities 544,125 675,063
Deferred credits and other liabilities:    
Deferred income taxes and investment tax credits 1,511,182 1,406,537
Customers' advances for construction 109,457 103,619
Regulatory liabilities 755,651 769,617
Asset retirement obligations 1,268 1,256
Operating lease liabilities 41,736 48,230
Pension and other postretirement benefit liabilities 28,698 50,226
Other 28,328 43,666
Total deferred credits and other liabilities 2,476,320 2,423,151
Contributions in aid of construction 595,951 596,110
Total liabilities and equity $ 15,046,164 $ 14,658,278