XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Statements of Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Property, Plant and Equipment    
Plant $ 32,031.1 $ 30,482.1
Accumulated depreciation and amortization (8,418.5) (8,207.2)
Net Property, Plant and Equipment [1] 23,612.6 22,274.9
Investments and Other Assets    
Unconsolidated affiliates 5.4 5.3
Available-for-sale debt securities (amortized cost of $155.5 and $169.0, allowance for credit losses of $0.3 and $0.6, respectively) 145.5 159.1
Other investments 84.9 82.7
Total Investments and Other Assets 235.8 247.1
Current Assets    
Cash and cash equivalents 101.2 2,245.4
Restricted Cash 34.7 35.7
Accounts receivable 650.2 884.9
Allowance for credit losses (26.2) (22.9)
Accounts receivable, net 624.0 862.0
Gas storage 133.1 265.8
Materials and supplies, at average cost 180.8 172.1
Electric production fuel, at average cost 59.3 65.3
Exchange gas receivable 13.0 66.0
Regulatory assets 278.4 214.3
Prepayments and other 138.2 118.6
Total Current Assets [1] 1,943.8 4,499.4
Other Assets    
Regulatory assets 2,221.7 2,245.9
Goodwill 1,485.9 1,485.9
Deferred charges and other 397.8 324.0
Total Other Assets 4,105.4 4,055.8
Total Assets 29,897.6 31,077.2
Stockholders' Equity    
Common stock - $0.01 par value,750,000,000 shares authorized; 448,398,632 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 8,894.2 8,879.5
Retained deficit (896.2) (967.0)
Accumulated other comprehensive loss (33.6) (33.6)
Total NiSource Stockholders’ Equity 7,869.0 8,269.6
Noncontrolling interest in consolidated subsidiaries 1,950.6 1,866.7
Total Stockholders' Equity 9,819.6 10,136.3
Long-term debt, excluding amounts due within one year 12,809.6 11,055.5
Total Capitalization 22,629.2 21,191.8
Current Liabilities    
Current portion of long-term debt 23.4 23.8
Short-term borrowings 644.0 3,048.6
Accounts payable 584.0 749.4
Dividends payable - common stock 120.0 0.0
Customer deposits and credits 187.7 294.4
Taxes accrued 163.7 166.2
Interest accrued 146.4 136.1
Exchange gas payable 34.7 50.5
Regulatory liabilities 193.4 278.6
Asset Retirement Obligation 69.6 72.5
Accrued compensation and employee benefits 174.0 227.6
Other accruals 167.1 217.4
Total Current Liabilities [2] 2,508.0 5,265.1
Other Liabilities    
Deferred income taxes 2,198.2 2,080.4
Accrued liability for postretirement and postemployment benefits 241.8 250.1
Regulatory liabilities 1,456.5 1,510.7
Asset retirement obligations 555.6 480.5
Other noncurrent liabilities 308.3 298.6
Total Other Liabilities [2] 4,760.4 4,620.3
Total Capitalization and Liabilities $ 29,897.6 $ 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 $ 381.1 $ 454.2
Joint Ventures    
Property, Plant and Equipment    
Net Property, Plant and Equipment 1,346.8  
Current Assets    
Total Current Assets 62.8 63.6
Current Liabilities    
Total Current Liabilities 55.3 68.3
Other Liabilities    
Total Other Liabilities $ 57.0 $ 55.7
[1] Includes $1,346.8 million and $1,369.8 million at June 30, 2024 and December 31, 2023, respectively, of net property, plant and equipment assets and $62.8 million and $63.6 million at June 30, 2024 and December 31, 2023, respectively, of current assets of consolidated VIEs that may be used only to settle obligations of the consolidated VIEs. Refer to Note 4, "Noncontrolling Interests," for additional information.
[2] Includes $55.3 million and $68.3 million at June 30, 2024 and December 31, 2023, respectively, of current liabilities and $57.0 million and $55.7 million at June 30, 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.