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Statements of Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Property, Plant and Equipment    
Plant $ 28,065.6 $ 27,551.3
Accumulated depreciation and amortization (7,838.0) (7,708.7)
Net Property, Plant and Equipment [1] 20,227.6 19,842.6
Investments and Other Assets    
Unconsolidated affiliates 2.2 1.6
Available-for-sale debt securities (amortized cost of $162.8 and $166.7, allowance for credit losses of $0.8 and $0.9, respectively) 150.4 151.6
Other investments 74.3 71.0
Total Investments and Other Assets 226.9 224.2
Current Assets    
Cash and cash equivalents 106.4 40.8
Restricted Cash 41.9 34.6
Accounts receivable 954.2 1,065.8
Allowance for credit losses (31.4) (23.9)
Accounts receivable, net 922.8 1,041.9
Gas inventory 138.8 531.7
Materials and supplies, at average cost 172.6 151.4
Electric production fuel, at average cost 64.9 68.8
Exchange gas receivable 92.1 128.1
Regulatory assets 237.6 233.2
Prepayments and other 278.2 210.0
Total Current Assets [1] 2,336.5 2,584.3
Other Assets    
Regulatory assets 2,319.2 2,347.6
Goodwill 1,485.9 1,485.9
Deferred charges and other 257.6 252.0
Total Other Assets 4,062.7 4,085.5
Total Assets 26,853.7 26,736.6
Stockholders' Equity    
Common stock - $0.01 par value, 600,000,000 shares authorized; 412,982,639 and 412,142,602 shares outstanding, respectively 4.2 4.2
Preferred stock - $0.01 par value, 20,000,000 shares authorized; 1,302,500 and 1,302,500 shares outstanding, respectively 1,546.5 1,546.5
Treasury stock (99.9) (99.9)
Additional paid-in capital 7,372.9 7,375.3
Retained deficit (1,114.8) (1,213.6)
Accumulated other comprehensive loss (34.7) (37.1)
Total NiSource Stockholders’ Equity 7,674.2 7,575.4
Noncontrolling interest in consolidated subsidiaries 329.5 326.4
Total Equity 8,003.7 7,901.8
Long-term debt, excluding amounts due within one year 10,264.7 9,523.6
Total Capitalization 18,268.4 17,425.4
Current Liabilities    
Current portion of long-term debt 30.3 30.0
Short-term borrowings 1,281.6 1,761.9
Accounts payable 642.2 899.5
Dividends payable - common stock 103.4 0.0
Dividends payable - preferred stock 19.4 0.0
Customer deposits and credits 225.5 324.7
Taxes accrued 268.7 246.2
Interest accrued 139.2 138.4
Exchange gas payable 19.6 147.6
Regulatory liabilities 359.1 236.8
Asset Retirement Obligation 48.1 35.5
Accrued compensation and employee benefits 124.5 167.5
Obligations to renewable generation asset developer 347.2 347.2
Other accruals 298.1 325.2
Total Current Liabilities [2] 3,906.9 4,660.5
Other Liabilities    
Deferred income taxes 1,950.1 1,854.5
Accrued liability for postretirement and postemployment benefits 239.6 245.5
Regulatory liabilities 1,725.5 1,775.8
Asset retirement obligations 464.7 478.1
Other noncurrent liabilities 298.5 296.8
Total Other Liabilities [2] 4,678.4 4,650.7
Total Capitalization and Liabilities 26,853.7 26,736.6
Joint Ventures    
Property, Plant and Equipment    
Net Property, Plant and Equipment 972.7  
Current Assets    
Total Current Assets 33.8 25.7
Current Liabilities    
Total Current Liabilities 135.4 128.2
Other Liabilities    
Total Other Liabilities $ 30.7 $ 30.6
[1] Includes $972.7 million and $978.5 million at March 31, 2023 and December 31, 2022, respectively, of net property, plant and equipment assets and $33.8 million and $25.7 million at March 31, 2023 and December 31, 2022, respectively, of current assets of consolidated VIEs that may be used only to settle obligations of the consolidated VIEs. Refer to Note 12, "Variable Interest Entities," for additional information.
[2] Includes $135.4 million and $128.2 million at March 31, 2023 and December 31, 2022, respectively, of current liabilities and $30.7 million and $30.6 million at March 31, 2023 and December 31, 2022, respectively, of other liabilities of consolidated VIEs that creditors do not have recourse to our general credit. Refer to Note 12, "Variable Interest Entities," for additional information.