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Statements of Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Property, Plant and Equipment    
Plant $ 29,135.4 $ 27,551.3
Accumulated depreciation and amortization (7,960.2) (7,708.7)
Net Property, Plant and Equipment [1] 21,175.2 19,842.6
Investments and Other Assets    
Unconsolidated affiliates 3.8 1.6
Available-for-sale debt securities (amortized cost of $168.8 and $166.7, allowance for credit losses of $0.7 and $0.9, respectively) 154.9 151.6
Other investments 78.5 71.0
Total Investments and Other Assets 237.2 224.2
Current Assets    
Cash and cash equivalents 151.3 40.8
Restricted Cash 39.8 34.6
Accounts receivable 631.4 1,065.8
Allowance for credit losses (27.8) (23.9)
Accounts receivable, net 603.6 1,041.9
Gas inventory 214.3 531.7
Materials and supplies, at average cost 180.1 151.4
Electric production fuel, at average cost 68.3 68.8
Exchange gas receivable 43.1 128.1
Regulatory assets 200.3 233.2
Prepayments and other 218.7 210.0
Total Current Assets [1] 1,856.9 2,584.3
Other Assets    
Regulatory assets 2,300.2 2,347.6
Goodwill 1,485.9 1,485.9
Deferred charges and other 288.3 252.0
Total Other Assets 4,074.4 4,085.5
Total Assets 27,343.7 26,736.6
Stockholders' Equity    
Common stock - $0.01 par value, 600,000,000 shares authorized; 413,148,513 and 412,142,602 shares outstanding, respectively 4.2 4.2
Preferred stock - $0.01 par value, 20,000,000 shares authorized; 902,500 and 1,302,500 shares outstanding, respectively 1,152.6 1,546.5
Treasury stock (99.9) (99.9)
Additional paid-in capital 7,383.1 7,375.3
Retained deficit (1,173.8) (1,213.6)
Accumulated other comprehensive loss (35.8) (37.1)
Total NiSource Stockholders’ Equity 7,230.4 7,575.4
Noncontrolling interest in consolidated subsidiaries 341.0 326.4
Total Equity 7,571.4 7,901.8
Long-term debt, excluding amounts due within one year 11,002.8 9,523.6
Total Capitalization 18,574.2 17,425.4
Current Liabilities    
Current portion of long-term debt 29.4 30.0
Short-term borrowings 1,589.9 1,761.9
Accounts payable 718.4 899.5
Dividends payable - common stock 103.4 0.0
Dividends payable - preferred stock 8.2 0.0
Customer deposits and credits 207.6 324.7
Taxes accrued 208.7 246.2
Interest accrued 125.0 138.4
Exchange gas payable 33.0 147.6
Regulatory liabilities 362.0 236.8
Asset Retirement Obligation 50.7 35.5
Accrued compensation and employee benefits 151.7 167.5
Obligations to renewable generation asset developer 0.0 347.2
Other accruals 503.2 325.2
Total Current Liabilities [2] 4,091.2 4,660.5
Other Liabilities    
Deferred income taxes 1,986.0 1,854.5
Accrued liability for postretirement and postemployment benefits 237.0 245.5
Regulatory liabilities 1,679.8 1,775.8
Asset retirement obligations 480.9 478.1
Other noncurrent liabilities 294.6 296.8
Total Other Liabilities [2] 4,678.3 4,650.7
Total Capitalization and Liabilities 27,343.7 26,736.6
Joint Ventures    
Property, Plant and Equipment    
Net Property, Plant and Equipment 1,349.7  
Current Assets    
Total Current Assets 160.4 25.7
Current Liabilities    
Total Current Liabilities 344.5 128.2
Other Liabilities    
Total Other Liabilities $ 54.4 $ 30.6
[1] Includes $1,349.7 million and $978.5 million at June 30, 2023 and December 31, 2022, respectively, of net property, plant and equipment assets and $160.4 million and $25.7 million at June 30, 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 13, "Variable Interest Entities," for additional information.
[2] Includes $344.5 million and $128.2 million at June 30, 2023 and December 31, 2022, respectively, of current liabilities and $54.4 million and $30.6 million at June 30, 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 13, "Variable Interest Entities," for additional information.