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Statement of Net Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating Revenues:    
Revenues $ 705,895 $ 686,468
Operating Costs and Expenses:    
Cost of natural gas sales 21,772 15,645
Operation and maintenance 130,199 111,296
General and administrative 54,774 51,549
Depreciation and amortization 125,367 132,562
Taxes — other than income taxes 26,658 27,114
Regulatory credit resulting from tax rate changes (7,688) (7,688)
Other (income) expense, net 1,075 (10,888)
Total operating costs and expenses 352,157 319,590
Operating Income 353,738 366,878
Other (Income) and Other Expenses:    
Interest expense 81,096 82,437
Interest income (20,536) (1,103)
Allowance for equity and borrowed funds used during construction (AFUDC) (15,583) (4,857)
Miscellaneous other (income) expense, net (30) 2,000
Total other (income) and other expenses 44,947 78,477
Net Income 308,791 288,401
Natural gas transportation    
Operating Revenues:    
Revenues 623,740 621,537
Natural gas storage    
Operating Revenues:    
Revenues 47,676 44,158
Natural gas sales    
Operating Revenues:    
Revenues 21,772 15,645
Other    
Operating Revenues:    
Revenues $ 12,707 $ 5,128