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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Property, plant and equipment, at cost $ 14,344,435 $ 13,737,387
Less: accumulated depreciation 2,753,586 2,606,441
Net property, plant and equipment 11,590,849 11,130,946
Current assets:    
Cash and cash equivalents 11,642 11,398
Accounts receivable, net 149,942 206,324
Unbilled revenues 75,737 170,504
Inventory - materials and supplies 45,300 46,592
Inventory - gas stored 63,216 153,143
Current assets held for sale 7,378 11,167
Prepayments and other current assets 36,557 39,759
Regulatory assets 16,938 19,272
Total current assets 406,710 658,159
Regulatory assets 1,518,079 1,342,753
Deferred charges and other assets, net 166,391 166,653
Funds restricted for construction activity 1,360 1,342
Goodwill 2,340,755 2,340,792
Non-current assets held for sale 34,419 32,124
Operating lease right-of-use assets 39,151 41,734
Intangible assets 4,221 4,604
Total assets 16,101,935 15,719,107
Stockholders' equity:    
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 267,818,219 and 266,973,321 as of June 30, 2023 and December 31, 2022 133,909 133,486
Capital in excess of par value 3,827,199 3,793,262
Retained earnings 1,740,682 1,534,331
Treasury stock, at cost, 3,312,850 and 3,236,237 shares as of June 30, 2023 and December 31, 2022 (87,092) (83,693)
Total stockholders' equity 5,614,698 5,377,386
Long-term debt, excluding current portion 6,661,014 6,418,039
Less: debt issuance costs 45,498 46,982
Long-term debt, excluding current portion, net of debt issuance costs 6,615,516 6,371,057
Commitments and contingencies (See Note 14)
Current liabilities:    
Current portion of long-term debt 198,749 199,356
Loans payable 48,043 228,500
Accounts payable 178,902 238,843
Book overdraft 32,490 28,694
Accrued interest 50,625 47,063
Accrued taxes 26,232 34,393
Liabilities related to assets held for sale 3,081 3,263
Regulatory liabilities 96,669 35,276
Dividends payable   75,808
Other accrued liabilities 130,344 130,673
Total current liabilities 765,135 1,021,869
Deferred credits and other liabilities:    
Deferred income taxes and investment tax credits 1,459,002 1,345,766
Customers' advances for construction 125,362 114,732
Regulatory liabilities 807,240 778,754
Asset retirement obligations 842 843
Operating lease liabilities 36,387 37,666
Non-current liabilities related to assets held for sale 803 974
Pension and other postretirement benefit liabilities 31,196 31,244
Other 24,648 28,562
Total deferred credits and other liabilities 2,485,480 2,338,541
Contributions in aid of construction 621,106 610,254
Total liabilities and equity $ 16,101,935 $ 15,719,107