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Statements of Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Property, Plant and Equipment    
Plant $ 35,312.5 $ 34,152.9
Accumulated depreciation and amortization (8,822.6) (8,699.0)
Net Property, Plant and Equipment [1] 26,489.9 25,453.9
Investments and Other Assets    
Unconsolidated affiliates 6.8 6.5
Available-for-sale debt securities (amortized cost of $85.5 and $91.9, allowance for credit losses of $0.2 and $0.1, respectively) 81.2 86.7
Other investments 84.6 85.5
Total Investments and Other Assets 172.6 178.7
Current Assets    
Cash and cash equivalents 259.4 156.6
Restricted Cash 44.3 42.0
Accounts receivable 1,135.3 987.9
Allowance for credit losses (29.6) (23.7)
Accounts receivable, net 1,105.7 964.2
Gas storage 42.8 179.6
Materials and supplies, at average cost 183.0 173.3
Electric production fuel, at average cost 35.5 36.2
Exchange gas receivable 70.2 45.7
Regulatory assets 268.0 319.9
Prepayments and other 37.5 24.2
Total Current Assets [1] 2,184.6 2,080.2
Other Assets    
Regulatory assets 2,162.3 2,157.4
Goodwill 1,485.9 1,485.9
Deferred charges and other 609.8 432.0
Total Other Assets 4,258.0 4,075.3
Total Assets 33,105.1 31,788.1
Stockholders' Equity    
Common stock - $0.01 par value,750,000,000 shares authorized; 470,618,280 and 469,822,472 shares outstanding, respectively 4.7 4.7
Treasury stock (99.9) (99.9)
Additional paid-in capital 9,522.6 9,521.5
Retained deficit (501.4) (711.7)
Accumulated other comprehensive loss (29.2) (30.4)
Total NiSource Stockholders’ Equity 8,896.8 8,684.2
Noncontrolling interest in consolidated subsidiaries 2,049.2 1,984.1
Total Stockholders’ Equity 10,946.0 10,668.3
Long-term debt, excluding amounts due within one year 12,833.1 12,074.5
Total Capitalization 23,779.1 22,742.8
Current Liabilities    
Current portion of long-term debt 1,281.0 1,281.2
Short-term borrowings 771.0 604.6
Accounts payable 726.3 863.1
Dividends payable - common stock 134.4 0.0
Customer deposits and credits 143.2 268.8
Taxes accrued 215.9 173.4
Interest accrued 142.3 157.0
Exchange gas payable 59.1 91.8
Regulatory liabilities 233.5 150.5
Asset Retirement Obligation 50.7 84.6
Accrued compensation and employee benefits 141.5 268.2
Other accruals 343.0 170.2
Total Current Liabilities [2] 4,241.9 4,113.4
Other Liabilities    
Deferred income taxes 2,353.9 2,281.6
Accrued liability for postretirement and postemployment benefits 204.0 207.5
Regulatory liabilities 1,461.7 1,431.2
Asset retirement obligations 727.8 698.6
Other noncurrent liabilities 336.7 313.0
Total Other Liabilities [2] 5,084.1 4,931.9
Total Capitalization and Liabilities $ 33,105.1 $ 31,788.1
Common Stock, Shares Authorized 750,000,000 750,000,000
Common Stock, No Par Value $ 0.01 $ 0.01
Prepaid Expense, Current $ 138.2 $ 138.5
Joint Ventures    
Property, Plant and Equipment    
Net Property, Plant and Equipment 1,307.1  
Current Assets    
Total Current Assets 62.0 65.0
Current Liabilities    
Total Current Liabilities 51.5 53.7
Other Liabilities    
Total Other Liabilities $ 53.8 $ 58.3
[1] Includes $1,307.1 million and $1,323.8 million at March 31, 2025 and December 31, 2024, respectively, of net property, plant and equipment assets and $62.0 million and $65.0 million at March 31, 2025 and December 31, 2024, 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 $51.5 million and $53.7 million at March 31, 2025 and December 31, 2024, respectively, of current liabilities and $53.8 million and $58.3 million at March 31, 2025 and December 31, 2024, respectively, of other liabilities, and finance leases of $40.3 million and $40.4 million at March 31, 2025 and December 31, 2024 respectively, of consolidated VIEs that creditors do not have recourse to our general credit. Refer to Note 4, "Noncontrolling Interests," for additional information.