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10-Q Filing

TRANSCONTINENTAL GAS PIPE LINE COMPANY, LLC CIK: 99250 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0000099250-14-000006
Period End Date 20140331
Filing Date 20140501
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance tgpl-20140331.xml
Filing Contents
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Cash Cash $139.00K USD Point-in-time
Cash Cash $146.00K USD Point-in-time
Cash Cash $113.00K USD Point-in-time
Cash Cash $185.00K USD Point-in-time
Affiliates DueFromRelatedPartiesCurrent $2.60M USD Point-in-time
Affiliates DueFromRelatedPartiesCurrent $932.00K USD Point-in-time
Advances to affiliate NotesReceivableRelatedPartiesCurrent $526.38M USD Point-in-time
Advances to affiliate NotesReceivableRelatedPartiesCurrent $603.01M USD Point-in-time
Trade and other AccountsReceivableNetCurrent $127.96M USD Point-in-time
Trade and other AccountsReceivableNetCurrent $148.17M USD Point-in-time
Transportation and exchange gas receivables GasImbalanceAssetLiability $6.39M USD Point-in-time
Transportation and exchange gas receivables GasImbalanceAssetLiability $6.76M USD Point-in-time
Inventories OtherInventory $51.61M USD Point-in-time
Inventories OtherInventory $47.53M USD Point-in-time
Regulatory assets RegulatoryAssetsCurrent $42.00M USD Point-in-time
Regulatory assets RegulatoryAssetsCurrent $37.52M USD Point-in-time
Other OtherAssetsCurrent $13.45M USD Point-in-time
Other OtherAssetsCurrent $6.82M USD Point-in-time
Total current assets AssetsCurrent $782.53M USD Point-in-time
Total current assets AssetsCurrent $838.87M USD Point-in-time
Investments, at cost plus equity in undistributed earnings EquityMethodInvestments $49.49M USD Point-in-time
Investments, at cost plus equity in undistributed earnings EquityMethodInvestments $50.26M USD Point-in-time
Natural gas transmission plant PropertyPlantAndEquipmentGross $8.87B USD Point-in-time
Natural gas transmission plant PropertyPlantAndEquipmentGross $8.94B USD Point-in-time
Less-Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.13B USD Point-in-time
Less-Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.09B USD Point-in-time
Total property, plant and equipment, net PropertyPlantAndEquipmentNet $5.81B USD Point-in-time
Total property, plant and equipment, net PropertyPlantAndEquipmentNet $5.78B USD Point-in-time
Regulatory assets RegulatoryAssetsNoncurrent $252.63M USD Point-in-time
Regulatory assets RegulatoryAssetsNoncurrent $256.61M USD Point-in-time
Other OtherAssetsNoncurrent $66.27M USD Point-in-time
Other OtherAssetsNoncurrent $57.78M USD Point-in-time
Total other assets AssetsNoncurrent $318.90M USD Point-in-time
Total other assets AssetsNoncurrent $314.40M USD Point-in-time
Total Assets Assets $7.02B USD Point-in-time
Total Assets Assets $6.92B USD Point-in-time
Affiliates DueToRelatedPartiesCurrent $28.75M USD Point-in-time
Affiliates DueToRelatedPartiesCurrent $28.27M USD Point-in-time
Trade and other AccountsPayableTradeCurrent $114.64M USD Point-in-time
Trade and other AccountsPayableTradeCurrent $237.99M USD Point-in-time
Transportation and exchange gas payables TransportationAndExchangeGasPayables $3.60M USD Point-in-time
Transportation and exchange gas payables TransportationAndExchangeGasPayables $2.17M USD Point-in-time
Reserve for rate refunds CustomerRefundLiabilityCurrent $98.22M USD Point-in-time
Reserve for rate refunds CustomerRefundLiabilityCurrent - USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $153.26M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $147.02M USD Point-in-time
Total current liabilities LiabilitiesCurrent $397.98M USD Point-in-time
Total current liabilities LiabilitiesCurrent $415.92M USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $1.43B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $1.43B USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $238.76M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $238.09M USD Point-in-time
Regulatory liabilities RegulatoryLiabilityNoncurrent $288.18M USD Point-in-time
Regulatory liabilities RegulatoryLiabilityNoncurrent $269.56M USD Point-in-time
Other OtherLiabilitiesNoncurrent $5.68M USD Point-in-time
Other OtherLiabilitiesNoncurrent $5.31M USD Point-in-time
Total other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $512.96M USD Point-in-time
Total other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $532.63M USD Point-in-time
Contingent Liabilities and Commitments (Note 2) CommitmentsAndContingencies - USD Point-in-time
Contingent Liabilities and Commitments (Note 2) CommitmentsAndContingencies - USD Point-in-time
Member's capital MembersCapital $2.26B USD Point-in-time
Member's capital MembersCapital $2.31B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.33B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.33B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-220.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-258.00K USD Point-in-time
Total owner's equity MembersEquity $4.59B USD Point-in-time
Total owner's equity MembersEquity $4.64B USD Point-in-time
Total liabilities and owner's equity LiabilitiesAndOwnersEquity $7.02B USD Point-in-time
Total liabilities and owner's equity LiabilitiesAndOwnersEquity $6.92B USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Natural gas sales OilAndGasSalesRevenue $27.57M USD 1 Quarter
Natural gas sales OilAndGasSalesRevenue $24.57M USD 1 Quarter
Natural gas transportation GasGatheringTransportationMarketingAndProcessingRevenue $269.58M USD 1 Quarter
Natural gas transportation GasGatheringTransportationMarketingAndProcessingRevenue $300.38M USD 1 Quarter
Natural gas storage NaturalGasStorageRevenue $35.59M USD 1 Quarter
Natural gas storage NaturalGasStorageRevenue $36.59M USD 1 Quarter
Other OtherSalesRevenueNet $1.32M USD 1 Quarter
Other OtherSalesRevenueNet $1.12M USD 1 Quarter
Total operating revenues OilAndGasRevenue $331.06M USD 1 Quarter
Total operating revenues OilAndGasRevenue $365.66M USD 1 Quarter
Cost of natural gas sales CostOfGoodsSoldOilAndGas $24.57M USD 1 Quarter
Cost of natural gas sales CostOfGoodsSoldOilAndGas $27.57M USD 1 Quarter
Cost of natural gas transportation GasGatheringTransportationMarketingAndProcessingCosts $11.20M USD 1 Quarter
Cost of natural gas transportation GasGatheringTransportationMarketingAndProcessingCosts $10.85M USD 1 Quarter
Operation and maintenance UtilitiesOperatingExpenseMaintenanceAndOperations $60.43M USD 1 Quarter
Operation and maintenance UtilitiesOperatingExpenseMaintenanceAndOperations $60.45M USD 1 Quarter
Administrative and general GeneralAndAdministrativeExpense $47.02M USD 1 Quarter
Administrative and general GeneralAndAdministrativeExpense $47.13M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $67.69M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $69.91M USD 1 Quarter
Taxes - other than income taxes TaxesExcludingIncomeAndExciseTaxes $11.63M USD 1 Quarter
Taxes - other than income taxes TaxesExcludingIncomeAndExciseTaxes $12.28M USD 1 Quarter
Other expense, net OtherOperatingIncomeExpenseNet $-7.08M USD 1 Quarter
Other expense, net OtherOperatingIncomeExpenseNet $-7.45M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $235.98M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $229.30M USD 1 Quarter
Operating Income OperatingIncomeLoss $129.68M USD 1 Quarter
Operating Income OperatingIncomeLoss $101.76M USD 1 Quarter
Interest expense InterestExpense $20.55M USD 1 Quarter
Interest expense InterestExpense $21.96M USD 1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC) PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions $2.98M USD 1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC) PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions $4.83M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $1.26M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $1.48M USD 1 Quarter
Miscellaneous other (income) expenses, net OtherNonoperatingIncomeExpense $-402.00K USD 1 Quarter
Miscellaneous other (income) expenses, net OtherNonoperatingIncomeExpense $1.68M USD 1 Quarter
Total other (income) and other expenses NonoperatingIncomeExpense $-17.90M USD 1 Quarter
Total other (income) and other expenses NonoperatingIncomeExpense $-12.79M USD 1 Quarter
Net Income NetIncomeLoss $88.97M USD 1 Quarter
Net Income NetIncomeLoss $111.78M USD 1 Quarter
Equity interest in unrealized gain (loss) on interest rate hedges (includes $84 for 2014 and $79 for 2013 of accumulated other comprehensive income reclassification for realized losses on interest rate hedges) OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $38.00K USD 1 Quarter
Equity interest in unrealized gain (loss) on interest rate hedges (includes $84 for 2014 and $79 for 2013 of accumulated other comprehensive income reclassification for realized losses on interest rate hedges) OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $102.00K USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $111.82M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $89.08M USD 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $88.97M USD 1 Quarter
Net income NetIncomeLoss $111.78M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $76.47M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $69.65M USD 1 Quarter
Allowance for equity funds used during construction (equity AFUDC) IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction $3.37M USD 1 Quarter
Allowance for equity funds used during construction (equity AFUDC) IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction $2.18M USD 1 Quarter
Receivables - affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $268.00K USD 1 Quarter
Receivables - affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $-1.67M USD 1 Quarter
Receivables - trade and other IncreaseDecreaseInOtherReceivables $6.12M USD 1 Quarter
Receivables - trade and other IncreaseDecreaseInOtherReceivables $-20.17M USD 1 Quarter
Transportation and exchange gas receivable IncreaseDecreaseInTransportationAndExchangeGasReceivable $-371.00K USD 1 Quarter
Transportation and exchange gas receivable IncreaseDecreaseInTransportationAndExchangeGasReceivable $1.87M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $4.08M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $4.20M USD 1 Quarter
Payables - affiliates IncreaseDecreaseInDueToAffiliatesCurrent $-5.47M USD 1 Quarter
Payables - affiliates IncreaseDecreaseInDueToAffiliatesCurrent $482.00K USD 1 Quarter
Payables - trade IncreaseDecreaseInAccountsPayable $-9.24M USD 1 Quarter
Payables - trade IncreaseDecreaseInAccountsPayable $-59.22M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-10.13M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $11.73M USD 1 Quarter
Reserve for rate refunds IncreaseDecreaseinReserveforRateRefunds $10.57M USD 1 Quarter
Reserve for rate refunds IncreaseDecreaseinReserveforRateRefunds $20.02M USD 1 Quarter
Asset retirement obligation removal costs PaymentsForRemovalCosts $3.75M USD 1 Quarter
Asset retirement obligation removal costs PaymentsForRemovalCosts $1.85M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $14.82M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $4.64M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $159.61M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $160.01M USD 1 Quarter
Cash distributions to parent PaymentsOfDistributionsToAffiliates $112.00M USD 1 Quarter
Cash distributions to parent PaymentsOfDistributionsToAffiliates $65.00M USD 1 Quarter
Cash contributions from parent ProceedsFromContributionsFromParent $55.00M USD 1 Quarter
Cash contributions from parent ProceedsFromContributionsFromParent $54.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $7.54M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $4.14M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-53.86M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-2.46M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $85.82M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $23.36M USD 1 Quarter
Disposal of property, plant and equipment, net ProceedsFromSaleOfPropertyPlantAndEquipment $1.42M USD 1 Quarter
Disposal of property, plant and equipment, net ProceedsFromSaleOfPropertyPlantAndEquipment $5.24M USD 1 Quarter
Advances to affiliate, net IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $73.18M USD 1 Quarter
Advances to affiliate, net IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $76.63M USD 1 Quarter
Return of capital from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $301.00K USD 1 Quarter
Return of capital from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital - USD 1 Quarter
Purchase of ARO Trust investments PaymentsToInvestInDecommissioningFund $28.85M USD 1 Quarter
Purchase of ARO Trust investments PaymentsToInvestInDecommissioningFund $8.94M USD 1 Quarter
Proceeds from sale of ARO Trust investments ProceedsFromDecommissioningFund $16.85M USD 1 Quarter
Proceeds from sale of ARO Trust investments ProceedsFromDecommissioningFund $8.58M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-736.00K USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-333.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-105.72M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-157.60M USD 1 Quarter
Increase (decrease) in cash CashPeriodIncreaseDecrease $-46.00K USD 1 Quarter
Increase (decrease) in cash CashPeriodIncreaseDecrease $33.00K USD 1 Quarter
Cash at beginning of period Cash $139.00K USD Point-in-time
Cash at beginning of period Cash $146.00K USD Point-in-time
Cash at beginning of period Cash $113.00K USD Point-in-time
Cash at beginning of period Cash $185.00K USD Point-in-time
Cash at end of period Cash $139.00K USD Point-in-time
Cash at end of period Cash $146.00K USD Point-in-time
Cash at end of period Cash $113.00K USD Point-in-time
Cash at end of period Cash $185.00K USD Point-in-time
Increase to property, plant and equipment PaymentsToAcquireOilAndGasPropertyAndEquipment $109.98M USD 1 Quarter
Increase to property, plant and equipment PaymentsToAcquireOilAndGasPropertyAndEquipment $86.98M USD 1 Quarter
Changes in related accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $63.61M USD 1 Quarter
Changes in related accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $24.17M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $85.82M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $23.36M USD 1 Quarter
Comprehensive Income 2 line items
Line Item Tag Value Unit Period
Accumulated other comprehensive income reclassification for realized losses on interest rate hedges OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $79.00K USD 1 Quarter
Accumulated other comprehensive income reclassification for realized losses on interest rate hedges OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $84.00K USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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