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10-Q Filing

TRANSCONTINENTAL GAS PIPE LINE COMPANY, LLC CIK: 99250 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0000099250-15-000007
Period End Date 20150331
Filing Date 20150430
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance tgpl-20150331.xml
Filing Contents
Balance Sheet 68 line items
Line Item Tag Value Unit Period
Cash Cash $146.00K USD Point-in-time
Cash Cash $173.00K USD Point-in-time
Cash Cash $145.00K USD Point-in-time
Cash Cash $113.00K USD Point-in-time
Affiliates DueFromRelatedPartiesCurrent $654.00K USD Point-in-time
Affiliates DueFromRelatedPartiesCurrent $999.00K USD Point-in-time
Advances to affiliate NotesReceivableRelatedPartiesCurrent $306.91M USD Point-in-time
Advances to affiliate NotesReceivableRelatedPartiesCurrent $205.25M USD Point-in-time
Trade and other AccountsReceivableNetCurrent $130.74M USD Point-in-time
Trade and other AccountsReceivableNetCurrent $133.81M USD Point-in-time
Transportation and exchange gas receivables GasImbalanceAssetLiability $3.06M USD Point-in-time
Transportation and exchange gas receivables GasImbalanceAssetLiability $3.48M USD Point-in-time
Inventories OtherInventory $50.23M USD Point-in-time
Inventories OtherInventory $66.70M USD Point-in-time
Regulatory assets RegulatoryAssetsCurrent $98.81M USD Point-in-time
Regulatory assets RegulatoryAssetsCurrent $77.81M USD Point-in-time
Other OtherAssetsCurrent $7.20M USD Point-in-time
Other OtherAssetsCurrent $14.68M USD Point-in-time
Total current assets AssetsCurrent $601.15M USD Point-in-time
Total current assets AssetsCurrent $499.52M USD Point-in-time
Investments, at cost plus equity in undistributed earnings EquityMethodInvestments $46.55M USD Point-in-time
Investments, at cost plus equity in undistributed earnings EquityMethodInvestments $47.05M USD Point-in-time
Natural gas transmission plant PropertyPlantAndEquipmentGross $9.65B USD Point-in-time
Natural gas transmission plant PropertyPlantAndEquipmentGross $9.93B USD Point-in-time
Less-Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.31B USD Point-in-time
Less-Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.26B USD Point-in-time
Total property, plant and equipment, net PropertyPlantAndEquipmentNet $6.39B USD Point-in-time
Total property, plant and equipment, net PropertyPlantAndEquipmentNet $6.62B USD Point-in-time
Regulatory assets RegulatoryAssetsNoncurrent $239.08M USD Point-in-time
Regulatory assets RegulatoryAssetsNoncurrent $230.10M USD Point-in-time
Other OtherAssetsNoncurrent $87.29M USD Point-in-time
Other OtherAssetsNoncurrent $75.07M USD Point-in-time
Total other assets AssetsNoncurrent $317.39M USD Point-in-time
Total other assets AssetsNoncurrent $314.15M USD Point-in-time
Total Assets Assets $7.35B USD Point-in-time
Total Assets Assets $7.48B USD Point-in-time
Affiliates DueToRelatedPartiesCurrent $37.69M USD Point-in-time
Affiliates DueToRelatedPartiesCurrent $31.59M USD Point-in-time
Trade and other AccountsPayableTradeCurrent $268.74M USD Point-in-time
Trade and other AccountsPayableTradeCurrent $213.36M USD Point-in-time
Transportation and exchange gas payables TransportationAndExchangeGasPayables $4.70M USD Point-in-time
Transportation and exchange gas payables TransportationAndExchangeGasPayables $5.53M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $81.14M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $104.11M USD Point-in-time
Total current liabilities LiabilitiesCurrent $415.23M USD Point-in-time
Total current liabilities LiabilitiesCurrent $331.62M 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 $280.03M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $288.14M USD Point-in-time
Regulatory liabilities RegulatoryLiabilityNoncurrent $326.08M USD Point-in-time
Regulatory liabilities RegulatoryLiabilityNoncurrent $340.96M USD Point-in-time
Other OtherLiabilitiesNoncurrent $61.38M USD Point-in-time
Other OtherLiabilitiesNoncurrent $35.73M USD Point-in-time
Total other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $641.84M USD Point-in-time
Total other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $690.48M 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 $2.68B USD Point-in-time
Member's capital MembersCapital $2.52B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.34B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.35B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-115.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-168.00K USD Point-in-time
Total owner's equity MembersEquity $4.86B USD Point-in-time
Total owner's equity MembersEquity $5.03B USD Point-in-time
Total liabilities and owner's equity LiabilitiesAndOwnersEquity $7.48B USD Point-in-time
Total liabilities and owner's equity LiabilitiesAndOwnersEquity $7.35B 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 $21.41M USD 1 Quarter
Natural gas transportation GasGatheringTransportationMarketingAndProcessingRevenue $300.38M USD 1 Quarter
Natural gas transportation GasGatheringTransportationMarketingAndProcessingRevenue $322.56M USD 1 Quarter
Natural gas storage NaturalGasStorageRevenue $36.59M USD 1 Quarter
Natural gas storage NaturalGasStorageRevenue $35.15M USD 1 Quarter
Other OtherSalesRevenueNet $1.12M USD 1 Quarter
Other OtherSalesRevenueNet $911.00K USD 1 Quarter
Total operating revenues OilAndGasRevenue $380.02M USD 1 Quarter
Total operating revenues OilAndGasRevenue $365.66M USD 1 Quarter
Cost of natural gas sales CostOfGoodsSoldOilAndGas $21.41M 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 $12.89M USD 1 Quarter
Operation and maintenance UtilitiesOperatingExpenseMaintenanceAndOperations $68.28M USD 1 Quarter
Operation and maintenance UtilitiesOperatingExpenseMaintenanceAndOperations $60.43M USD 1 Quarter
Administrative and general GeneralAndAdministrativeExpense $47.13M USD 1 Quarter
Administrative and general GeneralAndAdministrativeExpense $46.96M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $66.31M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $69.91M USD 1 Quarter
Taxes - other than income taxes TaxesExcludingIncomeAndExciseTaxes $12.54M USD 1 Quarter
Taxes - other than income taxes TaxesExcludingIncomeAndExciseTaxes $12.28M USD 1 Quarter
Other expense, net OtherOperatingIncomeExpenseNet $-17.82M USD 1 Quarter
Other expense, net OtherOperatingIncomeExpenseNet $-7.45M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $246.21M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $235.98M USD 1 Quarter
Operating Income OperatingIncomeLoss $133.82M USD 1 Quarter
Operating Income OperatingIncomeLoss $129.68M USD 1 Quarter
Interest expense InterestExpense $20.81M 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 $14.65M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $1.48M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $1.52M USD 1 Quarter
Miscellaneous other (income) expenses, net OtherNonoperatingIncomeExpense $-364.00K USD 1 Quarter
Miscellaneous other (income) expenses, net OtherNonoperatingIncomeExpense $-402.00K USD 1 Quarter
Total other (income) and other expenses NonoperatingIncomeExpense $-5.00M USD 1 Quarter
Total other (income) and other expenses NonoperatingIncomeExpense $-17.90M USD 1 Quarter
Net Income NetIncomeLoss $128.82M USD 1 Quarter
Net Income NetIncomeLoss $111.78M USD 1 Quarter
Equity interest in unrealized gain (loss) on interest rate hedges (includes $84 for 2015 and $84 for 2014 of accumulated other comprehensive income reclassification for equity interest in realized losses on interest rate hedges) OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-53.00K USD 1 Quarter
Equity interest in unrealized gain (loss) on interest rate hedges (includes $84 for 2015 and $84 for 2014 of accumulated other comprehensive income reclassification for equity interest in realized losses on interest rate hedges) OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $38.00K USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $128.76M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $111.82M USD 1 Quarter
Cash Flow Statement 70 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $128.82M USD 1 Quarter
Net income NetIncomeLoss $111.78M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $66.31M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $69.65M USD 1 Quarter
Allowance for equity funds used during construction (equity AFUDC) IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction $2.18M USD 1 Quarter
Allowance for equity funds used during construction (equity AFUDC) IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction $11.10M USD 1 Quarter
Receivables - affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $-1.67M USD 1 Quarter
Receivables - affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $345.00K USD 1 Quarter
Receivables - trade and other IncreaseDecreaseInOtherReceivables $-20.17M USD 1 Quarter
Receivables - trade and other IncreaseDecreaseInOtherReceivables $3.08M USD 1 Quarter
Transportation and exchange gas receivable IncreaseDecreaseInTransportationAndExchangeGasReceivable $-371.00K USD 1 Quarter
Transportation and exchange gas receivable IncreaseDecreaseInTransportationAndExchangeGasReceivable $-421.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $4.08M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-16.47M USD 1 Quarter
Payables - affiliates IncreaseDecreaseInDueToAffiliatesCurrent $482.00K USD 1 Quarter
Payables - affiliates IncreaseDecreaseInDueToAffiliatesCurrent $-6.10M USD 1 Quarter
Payables - trade IncreaseDecreaseInAccountsPayable $-59.22M USD 1 Quarter
Payables - trade IncreaseDecreaseInAccountsPayable $-21.12M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-10.13M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-22.07M USD 1 Quarter
Reserve for rate refunds IncreaseDecreaseinReserveforRateRefunds - 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 $331.00K USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $14.82M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $22.39M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $159.61M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $170.27M USD 1 Quarter
Cash distributions to parent PaymentsOfDistributionsToAffiliates $123.00M USD 1 Quarter
Cash distributions to parent PaymentsOfDistributionsToAffiliates $112.00M USD 1 Quarter
Cash contributions from parent ProceedsFromContributionsFromParent $54.00M USD 1 Quarter
Cash contributions from parent ProceedsFromContributionsFromParent $158.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-18.29M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $4.14M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-53.86M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $16.71M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $291.16M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $30.73M USD 1 Quarter
Contributions and advances for construction costs ContributionsandAdvancesforConstructionCosts $13.65M USD 1 Quarter
Contributions and advances for construction costs ContributionsandAdvancesforConstructionCosts $7.37M USD 1 Quarter
Disposal of property, plant and equipment, net PaymentsForProceedsFromRemovalCosts $126.00K USD 1 Quarter
Disposal of property, plant and equipment, net PaymentsForProceedsFromRemovalCosts $-5.24M USD 1 Quarter
Advances to affiliate, net IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $76.63M USD 1 Quarter
Advances to affiliate, net IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $-101.66M USD 1 Quarter
Return of capital from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $553.00K USD 1 Quarter
Return of capital from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $301.00K USD 1 Quarter
Purchase of ARO Trust investments PaymentsToInvestInDecommissioningFund $28.85M USD 1 Quarter
Purchase of ARO Trust investments PaymentsToInvestInDecommissioningFund $29.49M USD 1 Quarter
Proceeds from sale of ARO Trust investments ProceedsFromDecommissioningFund $16.85M USD 1 Quarter
Proceeds from sale of ARO Trust investments ProceedsFromDecommissioningFund $17.28M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-736.00K USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-623.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-187.01M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-105.72M USD 1 Quarter
Decrease in cash CashPeriodIncreaseDecrease $33.00K USD 1 Quarter
Decrease in cash CashPeriodIncreaseDecrease $-28.00K USD 1 Quarter
Cash at beginning of period Cash $146.00K USD Point-in-time
Cash at beginning of period Cash $173.00K USD Point-in-time
Cash at beginning of period Cash $145.00K USD Point-in-time
Cash at beginning of period Cash $113.00K USD Point-in-time
Cash at end of period Cash $146.00K USD Point-in-time
Cash at end of period Cash $173.00K USD Point-in-time
Cash at end of period Cash $145.00K USD Point-in-time
Cash at end of period Cash $113.00K USD Point-in-time
Increase to property, plant and equipment, net of equity AFUDC PaymentsToAcquireOilAndGasPropertyAndEquipment $273.92M USD 1 Quarter
Increase to property, plant and equipment, net of equity AFUDC PaymentsToAcquireOilAndGasPropertyAndEquipment $87.03M USD 1 Quarter
Changes in related accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-17.24M USD 1 Quarter
Changes in related accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $56.30M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $291.16M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $30.73M 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 $84.00K 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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