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Statement of Net Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating Revenues:        
Revenues $ 727,783 $ 709,724 $ 1,433,678 $ 1,396,192
Operating Costs and Expenses:        
Cost of natural gas sales 55,899 43,371 77,671 59,016
Operation and maintenance 115,179 129,019 245,378 240,315
General and administrative 52,904 57,090 107,678 108,639
Depreciation and amortization 127,568 130,670 252,935 263,232
Taxes — other than income taxes 27,483 25,727 54,141 52,841
Regulatory credit resulting from tax rate changes (7,688) (7,688) (15,376) (15,376)
Other (income) expense, net (4,553) (7,360) (3,478) (18,248)
Total operating costs and expenses 366,792 370,829 718,949 690,419
Operating Income 360,991 338,895 714,729 705,773
Other (Income) and Other Expenses:        
Interest expense 81,042 82,184 162,138 164,621
Interest income (22,851) (4,542) (43,387) (5,644)
Allowance for equity and borrowed funds used during construction (AFUDC) (17,949) (5,793) (33,532) (10,650)
Miscellaneous other (income) expense, net 1,127 1,459 1,097 3,458
Total other (income) and other expenses 41,369 73,308 86,316 151,785
Net Income 319,622 265,587 628,413 553,988
Natural gas transportation        
Operating Revenues:        
Revenues 618,398 614,043 1,242,138 1,235,580
Natural gas storage        
Operating Revenues:        
Revenues 45,128 49,159 92,804 93,317
Natural gas sales        
Operating Revenues:        
Revenues 55,899 43,371 77,671 59,016
Other        
Operating Revenues:        
Revenues $ 8,358 $ 3,151 $ 21,065 $ 8,279