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Statement of Net Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Revenues:        
Revenues $ 709,724 $ 631,239 $ 1,396,192 $ 1,275,016
Operating Costs and Expenses:        
Cost of natural gas sales 43,371 16,003 59,016 30,227
Operation and maintenance 129,019 95,831 240,315 191,915
Administrative and general 57,090 46,424 108,639 97,177
Depreciation and amortization 130,670 117,759 263,232 235,556
Taxes — other than income taxes 25,727 24,418 52,841 48,946
Regulatory credit resulting from tax rate changes (7,688) (7,688) (15,376) (15,376)
Other (income) expense, net (7,360) 3,254 (18,248) 4,677
Total operating costs and expenses 370,829 296,001 690,419 593,122
Operating Income 338,895 335,238 705,773 681,894
Other (Income) and Other Expenses:        
Interest expense 82,184 80,260 164,621 160,435
Interest income (4,542) (1,184) (5,644) (2,071)
Allowance for equity and borrowed funds used during construction (AFUDC) (5,793) (5,724) (10,650) (9,721)
Miscellaneous other (income) expense, net 1,459 1,085 3,458 2,024
Total other (income) and other expenses 73,308 74,437 151,785 150,667
Net Income 265,587 260,801 553,988 531,227
Natural gas sales        
Operating Revenues:        
Revenues 43,371 16,003 59,016 30,227
Natural gas transportation        
Operating Revenues:        
Revenues 614,043 571,245 1,235,580 1,153,802
Natural gas storage        
Operating Revenues:        
Revenues 49,159 41,357 93,317 83,859
Other        
Operating Revenues:        
Revenues $ 3,151 $ 2,634 $ 8,279 $ 7,128