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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Property, plant and equipment, at cost $ 12,836,605 $ 12,610,376
Less: accumulated depreciation 2,441,921 2,358,510
Net property, plant and equipment 10,394,684 10,251,866
Current assets:    
Cash and cash equivalents 58,298 10,567
Accounts receivable, net 182,587 141,025
Unbilled revenues 104,540 119,896
Inventory - materials and supplies 38,560 33,756
Inventory - gas stored 20,502 75,804
Prepayments and other current assets 29,856 36,597
Regulatory assets 9,172 20,150
Total current assets 443,515 437,795
Regulatory assets 1,505,211 1,429,840
Deferred charges and other assets, net 139,608 141,955
Funds restricted for construction activity 1,313 1,313
Goodwill 2,340,815 2,340,815
Operating lease right-of-use assets 46,305 48,930
Intangible assets 5,572 5,764
Total assets 14,877,023 14,658,278
Stockholders' equity:    
Common stock at $0.50 par value, authorized 600,000,000 shares, issued 256,281,789 and 256,102,388 as of March 31, 2022 and December 31, 2021 128,140 128,050
Capital in excess of par value 3,713,560 3,705,814
Retained earnings 1,497,757 1,434,201
Treasury stock, at cost, 3,250,261 and 3,234,765 shares as of March 31, 2022 and December 31, 2021 (84,357) (83,615)
Total stockholders' equity 5,255,100 5,184,450
Long-term debt, excluding current portion 5,910,363 5,815,211
Less: debt issuance costs 38,403 35,707
Long-term debt, excluding current portion, net of debt issuance costs 5,871,960 5,779,504
Commitments and contingencies (See Note 13)
Current liabilities:    
Current portion of long-term debt 131,746 132,146
Loans payable 79,743 65,000
Accounts payable 161,511 192,932
Book overdraft   81,722
Accrued interest 66,133 40,815
Accrued taxes 37,130 37,924
Regulatory liabilities 17,241 384
Dividends payable 67,863  
Other accrued liabilities 116,811 124,140
Total current liabilities 678,178 675,063
Deferred credits and other liabilities:    
Deferred income taxes and investment tax credits 1,481,253 1,406,537
Customers' advances for construction 104,403 103,619
Regulatory liabilities 759,661 769,617
Asset retirement obligations 1,262 1,256
Operating lease liabilities 43,946 48,230
Pension and other postretirement benefit liabilities 48,864 50,226
Other 35,998 43,666
Total deferred credits and other liabilities 2,475,387 2,423,151
Contributions in aid of construction 596,398 596,110
Total liabilities and equity $ 14,877,023 $ 14,658,278