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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Property, plant and equipment, at cost $ 15,891,451 $ 14,977,021
Less: accumulated depreciation 3,075,589 2,879,949
Net property, plant and equipment 12,815,862 12,097,072
Current assets:    
Cash and cash equivalents 8,436 4,612
Accounts receivable, net 124,767 144,300
Unbilled revenues 79,095 101,436
Inventory - materials and supplies 51,216 47,494
Inventory - gas stored 54,014 65,173
Prepayments and other current assets 25,746 99,884
Regulatory assets 30,659 29,080
Total current assets 373,933 491,979
Regulatory assets 1,897,883 1,766,892
Deferred charges and other assets, net 98,996 102,388
Funds restricted for construction activity 1,412 1,381
Goodwill 2,340,719 2,340,738
Operating lease right-of-use assets 32,470 37,416
Intangible assets 3,351 3,593
Total assets 17,564,626 16,841,459
Stockholders' equity:    
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 277,950,436 and 276,595,228 as of September 30, 2024 and December 31, 2023 138,975 138,297
Capital in excess of par value 4,186,048 4,137,696
Retained earnings 1,943,876 1,706,675
Treasury stock, at cost, 3,341,458 and 3,299,191 shares as of September 30, 2024 and December 31, 2023 (87,965) (86,485)
Total stockholders' equity 6,180,934 5,896,183
Long-term debt, excluding current portion 7,279,048 6,870,593
Less: debt issuance costs 48,880 44,508
Long-term debt, excluding current portion, net of debt issuance costs 7,230,168 6,826,085
Commitments and contingencies (See Note 14)
Current liabilities:    
Current portion of long-term debt 29,218 67,415
Loans payable 143,017 160,123
Accounts payable 231,443 221,191
Book overdraft 16,795 13,358
Accrued interest 87,519 53,084
Accrued taxes 33,143 40,641
Regulatory liabilities 683 31,270
Dividends payable   83,929
Other accrued liabilities 141,325 126,916
Total current liabilities 683,143 797,927
Deferred credits and other liabilities:    
Deferred income taxes and investment tax credits 1,788,225 1,628,324
Customers' advances for construction 120,154 128,755
Regulatory liabilities 804,323 820,910
Asset retirement obligations 857 848
Operating lease liabilities 29,153 34,425
Pension and other postretirement benefit liabilities 28,386 38,850
Other 23,859 24,086
Total deferred credits and other liabilities 2,794,957 2,676,198
Contributions in aid of construction 675,424 645,066
Total liabilities and equity $ 17,564,626 $ 16,841,459