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Statement of Net Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues:        
Revenues $ 715,566 $ 771,580 $ 2,149,244 $ 2,167,772
Operating Costs and Expenses:        
Cost of natural gas sales 34,676 80,678 112,347 139,694
Operation and maintenance 138,002 148,812 383,380 389,127
General and administrative 48,942 57,640 156,620 166,279
Depreciation and amortization 135,539 126,189 388,474 389,421
Taxes — other than income taxes 25,747 24,822 79,888 77,663
Regulatory charge (credit) resulting from tax rate changes (7,688) 6,336 (23,064) (9,040)
Other (income) expense, net (6,802) 15,307 (10,280) (2,941)
Total operating costs and expenses 368,416 459,784 1,087,365 1,150,203
Operating Income 347,150 311,796 1,061,879 1,017,569
Other (Income) and Other Expenses:        
Interest expense 80,945 81,465 243,083 246,086
Interest income (22,827) (12,070) (66,214) (17,714)
Allowance for equity and borrowed funds used during construction (AFUDC) (21,978) (7,687) (55,510) (18,337)
Miscellaneous other (income) expense, net 1,900 2,897 2,997 6,355
Total other (income) and other expenses 38,040 64,605 124,356 216,390
Net Income 309,110 247,191 937,523 801,179
Natural gas transportation        
Operating Revenues:        
Revenues 629,605 635,274 1,871,743 1,870,854
Natural gas storage        
Operating Revenues:        
Revenues 46,313 49,629 139,117 142,946
Natural gas sales        
Operating Revenues:        
Revenues 34,676 80,678 112,347 139,694
Other        
Operating Revenues:        
Revenues $ 4,972 $ 5,999 $ 26,037 $ 14,278