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Statements of Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Property, Plant and Equipment    
Plant $ 31,300.6 $ 30,482.1
Accumulated depreciation and amortization (8,354.5) (8,207.2)
Net Property, Plant and Equipment [1] 22,946.1 22,274.9
Investments and Other Assets    
Unconsolidated affiliates 5.4 5.3
Available-for-sale debt securities (amortized cost of $160.2 and $169.0, allowance for credit losses of $0.4 and $0.6, respectively) 150.1 159.1
Other investments 86.8 82.7
Total Investments and Other Assets 242.3 247.1
Current Assets    
Cash and cash equivalents 102.2 2,245.4
Restricted Cash 38.3 35.7
Accounts receivable 877.2 884.9
Allowance for credit losses (31.6) (22.9)
Accounts receivable, net 845.6 862.0
Gas storage 70.1 265.8
Materials and supplies, at average cost 187.2 172.1
Electric production fuel, at average cost 66.3 65.3
Exchange gas receivable 43.2 66.0
Regulatory assets 260.4 214.3
Prepayments and other 161.1 118.6
Total Current Assets [1] 2,060.2 4,499.4
Other Assets    
Regulatory assets 2,231.7 2,245.9
Goodwill 1,485.9 1,485.9
Deferred charges and other 371.9 324.0
Total Other Assets 4,089.5 4,055.8
Total Assets 29,338.1 31,077.2
Stockholders' Equity    
Common stock - $0.01 par value,750,000,000 shares authorized; 448,197,604 and 447,381,671 shares outstanding, respectively $ 4.5 $ 4.5
Preferred Stock, Shares Outstanding 0 40,000
Preferred stock - $0.01 par value, 20,000,000 shares authorized; 0 and 40,000 shares outstanding, respectively $ 0.0 $ 486.1
Treasury stock (99.9) (99.9)
Additional paid-in capital 8,886.8 8,879.5
Retained deficit (861.7) (967.0)
Accumulated other comprehensive loss (33.8) (33.6)
Total NiSource Stockholders’ Equity 7,895.9 8,269.6
Noncontrolling interest in consolidated subsidiaries 1,899.0 1,866.7
Total Stockholders' Equity 9,794.9 10,136.3
Long-term debt, excluding amounts due within one year 11,724.6 11,055.5
Total Capitalization 21,519.5 21,191.8
Current Liabilities    
Current portion of long-term debt 24.0 23.8
Short-term borrowings 1,222.3 3,048.6
Accounts payable 612.5 749.4
Dividends payable - common stock 119.0 0.0
Customer deposits and credits 189.5 294.4
Taxes accrued 169.5 166.2
Interest accrued 148.6 136.1
Exchange gas payable 17.1 50.5
Regulatory liabilities 237.6 278.6
Asset Retirement Obligation 78.0 72.5
Accrued compensation and employee benefits 136.0 227.6
Other accruals 170.9 217.4
Total Current Liabilities [2] 3,125.0 5,265.1
Other Liabilities    
Deferred income taxes 2,159.5 2,080.4
Accrued liability for postretirement and postemployment benefits 244.8 250.1
Regulatory liabilities 1,482.0 1,510.7
Asset retirement obligations 509.6 480.5
Other noncurrent liabilities 297.7 298.6
Total Other Liabilities [2] 4,693.6 4,620.3
Total Capitalization and Liabilities $ 29,338.1 $ 31,077.2
Common Stock, Shares Authorized 750,000,000 750,000,000
Common Stock, No Par Value $ 0.01 $ 0.01
Deposits to renewable generation asset developer $ 285.8 $ 454.2
Joint Ventures    
Property, Plant and Equipment    
Net Property, Plant and Equipment 1,358.2  
Current Assets    
Total Current Assets 60.8 63.6
Current Liabilities    
Total Current Liabilities 60.9 68.3
Other Liabilities    
Total Other Liabilities $ 56.3 $ 55.7
[1] Includes $1,358.2 million and $1,369.8 million at March 31, 2024 and December 31, 2023, respectively, of net property, plant and equipment assets and $60.8 million and $63.6 million at March 31, 2024 and December 31, 2023, respectively, of current assets of consolidated VIEs that may be used only to settle obligations of the consolidated VIEs. Note 4, "Noncontrolling Interests," for additional information.
[2] Includes $60.9 million and $68.3 million at March 31, 2024 and December 31, 2023, respectively, of current liabilities and $56.3 million and $55.7 million at March 31, 2024 and December 31, 2023, respectively, of other liabilities of consolidated VIEs that creditors do not have recourse to our general credit. Refer to Note 4, "Noncontrolling Interests," for additional information.