Subsequent Events

12 Months Ended

Dec. 31, 2022

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Note 19 – Subsequent Events

Quarterly Dividends to Common Stockholders

On January 31, 2023, our board of directors approved a regular quarterly dividend to common stockholders of $0.4475 per share payable on March 27, 2023.

MountainWest Acquisition

On February 14, 2023, we closed on the acquisition of 100 percent of MountainWest Pipelines Holding Company (MountainWest) which includes FERC-regulated interstate natural gas pipeline systems and natural gas storage capacity (MountainWest Acquisition), for $1.08 billion of cash funded with available sources of short-term liquidity and assumption of $430 million outstanding principal amount of long-term debt, subject to working capital and post-closing adjustments. The MountainWest Acquisition expands our existing transmission and storage infrastructure footprint into major markets in Utah, Wyoming, and Colorado. Due to the timing, the initial purchase price accounting for the transaction was not yet complete at the time of filing.