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Statements of Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Property, Plant and Equipment    
Plant $ 33,453.8 $ 30,482.1
Accumulated depreciation and amortization (8,572.4) (8,207.2)
Net Property, Plant and Equipment [1] 24,881.4 22,274.9
Investments and Other Assets    
Unconsolidated affiliates 6.5 5.3
Available-for-sale debt securities (amortized cost of $143.5 and $169.0, allowance for credit losses of $0.2 and $0.6, respectively) 137.9 159.1
Other investments 89.0 82.7
Total Investments and Other Assets 233.4 247.1
Current Assets    
Cash and cash equivalents 126.2 2,245.4
Restricted Cash 32.6 35.7
Accounts receivable 589.7 884.9
Allowance for credit losses (17.7) (22.9)
Accounts receivable, net 572.0 862.0
Gas storage 189.3 265.8
Materials and supplies, at average cost 167.1 172.1
Electric production fuel, at average cost 34.9 65.3
Exchange gas receivable 22.5 66.0
Regulatory assets 329.7 214.3
Prepayments and other 141.7 118.6
Total Current Assets [1] 1,616.0 4,499.4
Other Assets    
Regulatory assets 2,208.3 2,245.9
Goodwill 1,485.9 1,485.9
Deferred charges and other 403.1 324.0
Total Other Assets 4,097.3 4,055.8
Total Assets 30,828.1 31,077.2
Stockholders' Equity    
Common stock - $0.01 par value,750,000,000 shares authorized; 466,707,452 and 447,381,671 shares outstanding, respectively $ 4.7 $ 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 9,404.7 8,879.5
Retained deficit (934.9) (967.0)
Accumulated other comprehensive loss (29.6) (33.6)
Total NiSource Stockholders’ Equity 8,345.0 8,269.6
Noncontrolling interest in consolidated subsidiaries 1,983.8 1,866.7
Total Stockholders' Equity 10,328.8 10,136.3
Long-term debt, excluding amounts due within one year 12,086.3 11,055.5
Total Capitalization 22,415.1 21,191.8
Current Liabilities    
Current portion of long-term debt 1,271.2 23.8
Short-term borrowings 257.0 3,048.6
Accounts payable 614.6 749.4
Dividends payable - common stock 125.3 0.0
Customer deposits and credits 261.6 294.4
Taxes accrued 134.7 166.2
Interest accrued 147.4 136.1
Exchange gas payable 56.1 50.5
Regulatory liabilities 151.7 278.6
Asset Retirement Obligation 74.9 72.5
Accrued compensation and employee benefits 239.3 227.6
Other accruals 151.7 217.4
Total Current Liabilities [2] 3,485.5 5,265.1
Other Liabilities    
Deferred income taxes 2,206.7 2,080.4
Accrued liability for postretirement and postemployment benefits 238.4 250.1
Regulatory liabilities 1,437.6 1,510.7
Asset retirement obligations 733.0 480.5
Other noncurrent liabilities 311.8 298.6
Total Other Liabilities [2] 4,927.5 4,620.3
Total Capitalization and Liabilities $ 30,828.1 $ 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 $ 0.0 $ 454.2
Joint Ventures    
Property, Plant and Equipment    
Net Property, Plant and Equipment 1,335.3  
Current Assets    
Total Current Assets 52.9 63.6
Current Liabilities    
Total Current Liabilities 50.5 68.3
Other Liabilities    
Total Other Liabilities $ 57.7 $ 55.7
[1] Includes $1,335.3 million and $1,369.8 million at September 30, 2024 and December 31, 2023, respectively, of net property, plant and equipment assets and $52.9 million and $63.6 million at September 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 $50.5 million and $68.3 million at September 30, 2024 and December 31, 2023, respectively, of current liabilities and $57.7 million and $55.7 million at September 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.