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Condensed Consolidated Statement of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating Revenues:        
Natural gas sales $ 29,873 $ 33,009 $ 55,124 $ 48,104
Natural gas transportation 415,708 365,246 842,286 727,811
Natural gas storage 33,786 33,935 68,553 68,824
Other 2,308 312 4,948 1,479
Total operating revenues 481,675 432,502 970,911 846,218
Operating Costs and Expenses:        
Cost of natural gas sales 29,873 33,009 55,124 48,104
Cost of natural gas transportation 8,461 4,447 21,535 9,454
Operation and maintenance 93,659 82,100 180,675 154,813
Administrative and general 46,981 44,794 93,362 88,910
Depreciation and amortization 89,282 79,064 172,506 156,542
Taxes - other than income taxes 17,164 16,890 35,602 33,798
Regulatory credit resulting from Tax Reform (Note 1) (20,867) 0 (20,867) 0
Other expense, net 12,564 14,415 30,405 29,637
Total operating costs and expenses 277,117 274,719 568,342 521,258
Operating Income 204,558 157,783 402,569 324,960
Other (Income) and Other Expenses:        
Interest expense 53,375 37,236 98,449 74,493
Allowance for equity and borrowed funds used during construction (AFUDC) (34,895) (25,419) (61,503) (48,449)
Equity in (earnings) losses of unconsolidated affiliates (1,325) (1,389) 265 (2,410)
Miscellaneous other (income) expenses, net (4,819) (4,313) (6,780) (5,198)
Total other (income) and other expenses 12,336 6,115 30,431 18,436
Net Income 192,222 151,668 372,138 306,524
Other comprehensive income:        
Equity interest in unrealized gain on interest rate hedges (includes $(33) and $22 for the three months ended and $(27) and $37 for the six months ended June 30, 2018 and June 30, 2017, respectively, of accumulated other comprehensive income reclassification for equity interest in realized losses (gains) on interest rate hedges) 119 1 524 36
Comprehensive Income $ 192,341 $ 151,669 $ 372,662 $ 306,560