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10-Q Filing

TRANSCONTINENTAL GAS PIPE LINE COMPANY, LLC CIK: 99250 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0000099250-18-000006
Period End Date 20180331
Filing Date 20180503
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance tgpl-20180331.xml
Filing Contents
Balance Sheet 74 line items
Line Item Tag Value Unit Period
Cash Cash - USD Point-in-time
Cash Cash - USD Point-in-time
Cash Cash - USD Point-in-time
Cash Cash - USD Point-in-time
Affiliates DueFromRelatedPartiesCurrent $511.00K USD Point-in-time
Affiliates DueFromRelatedPartiesCurrent $1.11M USD Point-in-time
Advances to affiliate NotesReceivableRelatedPartiesCurrent $1.25B USD Point-in-time
Advances to affiliate NotesReceivableRelatedPartiesCurrent $395.25M USD Point-in-time
Trade and other AccountsReceivableNetCurrent $170.42M USD Point-in-time
Trade and other AccountsReceivableNetCurrent $161.81M USD Point-in-time
Transportation and exchange gas receivables GasImbalanceAssetLiability $3.21M USD Point-in-time
Transportation and exchange gas receivables GasImbalanceAssetLiability $2.93M USD Point-in-time
Inventories OtherInventory $40.03M USD Point-in-time
Inventories OtherInventory $77.91M USD Point-in-time
Regulatory assets RegulatoryAssetsCurrent $97.15M USD Point-in-time
Regulatory assets RegulatoryAssetsCurrent $105.33M USD Point-in-time
Other OtherAssetsCurrent $7.77M USD Point-in-time
Other OtherAssetsCurrent $12.51M USD Point-in-time
Total current assets AssetsCurrent $1.61B USD Point-in-time
Total current assets AssetsCurrent $719.67M USD Point-in-time
Investments, at cost plus equity in undistributed earnings EquityMethodInvestments $26.89M USD Point-in-time
Investments, at cost plus equity in undistributed earnings EquityMethodInvestments $28.50M USD Point-in-time
Natural gas transmission plant PropertyPlantAndEquipmentGross $13.77B USD Point-in-time
Natural gas transmission plant PropertyPlantAndEquipmentGross $14.52B USD Point-in-time
Less-Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.86B USD Point-in-time
Less-Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.92B USD Point-in-time
Total property, plant and equipment, net PropertyPlantAndEquipmentNet $9.91B USD Point-in-time
Total property, plant and equipment, net PropertyPlantAndEquipmentNet $10.60B USD Point-in-time
Regulatory assets RegulatoryAssetsNoncurrent $287.38M USD Point-in-time
Regulatory assets RegulatoryAssetsNoncurrent $276.31M USD Point-in-time
Other OtherAssetsNoncurrent $150.98M USD Point-in-time
Other OtherAssetsNoncurrent $141.79M USD Point-in-time
Total other assets AssetsNoncurrent $418.10M USD Point-in-time
Total other assets AssetsNoncurrent $438.36M USD Point-in-time
Total Assets Assets $12.67B USD Point-in-time
Total Assets Assets $11.08B USD Point-in-time
Affiliates DueToRelatedPartiesCurrent $13.92M USD Point-in-time
Affiliates DueToRelatedPartiesCurrent $43.42M USD Point-in-time
Trade and other AccountsPayableTradeCurrent $414.82M USD Point-in-time
Trade and other AccountsPayableTradeCurrent $469.15M USD Point-in-time
Transportation and exchange gas payables GasImbalancePayableCurrent $2.12M USD Point-in-time
Transportation and exchange gas payables GasImbalancePayableCurrent $2.07M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $154.57M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $173.60M USD Point-in-time
Long-term debt due within one year LongTermDebtCurrent $251.54M USD Point-in-time
Long-term debt due within one year LongTermDebtCurrent $251.43M USD Point-in-time
Total current liabilities LiabilitiesCurrent $939.73M USD Point-in-time
Total current liabilities LiabilitiesCurrent $836.93M USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $3.19B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $2.19B USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $350.28M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $384.32M USD Point-in-time
Regulatory liabilities RegulatoryLiabilityNoncurrent $1.01B USD Point-in-time
Regulatory liabilities RegulatoryLiabilityNoncurrent $990.70M USD Point-in-time
Advances for construction costs CustomerAdvancesNoncurrent $426.77M USD Point-in-time
Advances for construction costs CustomerAdvancesNoncurrent $602.57M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $234.09M USD Point-in-time
Deferred revenue DeferredRevenueNoncurrent $236.73M USD Point-in-time
Other OtherLiabilitiesNoncurrent $4.83M USD Point-in-time
Other OtherLiabilitiesNoncurrent $5.33M USD Point-in-time
Total other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $2.01B USD Point-in-time
Total other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $2.24B USD Point-in-time
Contingent Liabilities and Commitments (Note 3) CommitmentsAndContingencies - USD Point-in-time
Contingent Liabilities and Commitments (Note 3) CommitmentsAndContingencies - USD Point-in-time
Member's capital MembersCapital $4.43B USD Point-in-time
Member's capital MembersCapital $4.09B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.85B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.97B USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $742.00K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $337.00K USD Point-in-time
Total member's equity MembersEquity $6.40B USD Point-in-time
Total member's equity MembersEquity $5.94B USD Point-in-time
Total liabilities and member's equity LiabilitiesAndStockholdersEquity $12.67B USD Point-in-time
Total liabilities and member's equity LiabilitiesAndStockholdersEquity $11.08B USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Natural gas sales OilAndGasSalesRevenue $25.25M USD 1 Quarter
Natural gas sales OilAndGasSalesRevenue $15.10M USD 1 Quarter
Natural gas transportation GasGatheringTransportationMarketingAndProcessingRevenue $362.56M USD 1 Quarter
Natural gas transportation GasGatheringTransportationMarketingAndProcessingRevenue $426.58M USD 1 Quarter
Natural gas storage NaturalGasStorageRevenue $34.89M USD 1 Quarter
Natural gas storage NaturalGasStorageRevenue $34.77M USD 1 Quarter
Other OtherSalesRevenueNet $1.17M USD 1 Quarter
Other OtherSalesRevenueNet $2.64M USD 1 Quarter
Total operating revenues OilAndGasRevenue $489.24M USD 1 Quarter
Total operating revenues OilAndGasRevenue $413.72M USD 1 Quarter
Cost of natural gas sales CostOfGoodsSoldOilAndGas $25.25M USD 1 Quarter
Cost of natural gas sales CostOfGoodsSoldOilAndGas $15.10M USD 1 Quarter
Cost of natural gas transportation GasGatheringTransportationMarketingAndProcessingCosts $13.07M USD 1 Quarter
Cost of natural gas transportation GasGatheringTransportationMarketingAndProcessingCosts $5.01M USD 1 Quarter
Operation and maintenance UtilitiesOperatingExpenseMaintenanceAndOperations $72.71M USD 1 Quarter
Operation and maintenance UtilitiesOperatingExpenseMaintenanceAndOperations $87.02M USD 1 Quarter
Administrative and general GeneralAndAdministrativeExpense $44.12M USD 1 Quarter
Administrative and general GeneralAndAdministrativeExpense $46.38M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $83.22M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $77.48M USD 1 Quarter
Taxes - other than income taxes TaxesExcludingIncomeAndExciseTaxes $18.44M USD 1 Quarter
Taxes - other than income taxes TaxesExcludingIncomeAndExciseTaxes $16.91M USD 1 Quarter
Other expense, net OtherOperatingIncomeExpenseNet $-15.22M USD 1 Quarter
Other expense, net OtherOperatingIncomeExpenseNet $-17.84M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $291.23M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $246.54M USD 1 Quarter
Operating Income OperatingIncomeLoss $198.01M USD 1 Quarter
Operating Income OperatingIncomeLoss $167.18M USD 1 Quarter
Interest expense InterestExpense $37.26M USD 1 Quarter
Interest expense InterestExpense $45.07M USD 1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC) PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions $23.03M USD 1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC) PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions $26.61M USD 1 Quarter
Equity in (earnings) loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-1.59M USD 1 Quarter
Equity in (earnings) loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $1.02M USD 1 Quarter
Miscellaneous other (income) expenses, net OtherNonoperatingIncomeExpense $1.96M USD 1 Quarter
Miscellaneous other (income) expenses, net OtherNonoperatingIncomeExpense $885.00K USD 1 Quarter
Total other (income) and other expenses NonoperatingIncomeExpense $-18.09M USD 1 Quarter
Total other (income) and other expenses NonoperatingIncomeExpense $-12.32M USD 1 Quarter
Net Income NetIncomeLoss $154.86M USD 1 Quarter
Net Income NetIncomeLoss $179.92M USD 1 Quarter
Equity interest in unrealized gain on interest rate hedges (includes $6 for 2018 and $15 for 2017 of accumulated other comprehensive income reclassification for equity interest in realized losses on interest rate hedges) OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $405.00K USD 1 Quarter
Equity interest in unrealized gain on interest rate hedges (includes $6 for 2018 and $15 for 2017 of accumulated other comprehensive income reclassification for equity interest in realized losses on interest rate hedges) OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $35.00K USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $154.89M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $180.32M USD 1 Quarter
Cash Flow Statement 80 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $154.86M USD 1 Quarter
Net income NetIncomeLoss $179.92M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $83.22M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $77.48M USD 1 Quarter
Allowance for equity funds used during construction (equity AFUDC) IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction $19.78M USD 1 Quarter
Allowance for equity funds used during construction (equity AFUDC) IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction $18.37M USD 1 Quarter
Equity in (earnings) loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-1.59M USD 1 Quarter
Equity in (earnings) loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $1.02M USD 1 Quarter
Distribution from unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $2.60M USD 1 Quarter
Distribution from unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $429.00K USD 1 Quarter
Receivables - affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $452.00K USD 1 Quarter
Receivables - affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $-598.00K USD 1 Quarter
Receivables - trade and other IncreaseDecreaseInOtherReceivables $-6.23M USD 1 Quarter
Receivables - trade and other IncreaseDecreaseInOtherReceivables $-8.61M USD 1 Quarter
Transportation and exchange gas receivable IncreaseDecreaseInTransportationAndExchangeGasReceivable $1.47M USD 1 Quarter
Transportation and exchange gas receivable IncreaseDecreaseInTransportationAndExchangeGasReceivable $-275.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $14.37M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $37.89M USD 1 Quarter
Payables - affiliates IncreaseDecreaseInDueToAffiliatesCurrent $-29.50M USD 1 Quarter
Payables - affiliates IncreaseDecreaseInDueToAffiliatesCurrent $-1.06M USD 1 Quarter
Payables - trade IncreaseDecreaseInAccountsPayable $-52.55M USD 1 Quarter
Payables - trade IncreaseDecreaseInAccountsPayable $-11.74M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-13.38M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-71.93M USD 1 Quarter
Asset retirement obligations - non-current IncreaseDecreaseInAssetRetirementObligations $18.40M USD 1 Quarter
Asset retirement obligations - non-current IncreaseDecreaseInAssetRetirementObligations $24.67M USD 1 Quarter
Asset retirement obligations - removal costs PaymentsForRemovalCosts $222.00K USD 1 Quarter
Asset retirement obligations - removal costs PaymentsForRemovalCosts $1.20M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-2.64M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue - USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $-4.38M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $6.59M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $151.80M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $131.72M USD 1 Quarter
Proceeds from long-term debt ProceedsFromIssuanceOfSeniorLongTermDebt $993.44M USD 1 Quarter
Proceeds from long-term debt ProceedsFromIssuanceOfSeniorLongTermDebt - USD 1 Quarter
Proceeds from other financing obligations ProceedsFromPaymentsForOtherFinancingActivities - USD 1 Quarter
Proceeds from other financing obligations ProceedsFromPaymentsForOtherFinancingActivities $18.80M USD 1 Quarter
Payments on other financing obligation PaymentsOfFinancingCosts $375.00K USD 1 Quarter
Payments on other financing obligation PaymentsOfFinancingCosts - USD 1 Quarter
Payments for debt issuance costs PaymentsOfDebtIssuanceCosts $13.00K USD 1 Quarter
Payments for debt issuance costs PaymentsOfDebtIssuanceCosts $9.03M USD 1 Quarter
Cash distributions to parent PaymentsOfDistributionsToAffiliates $100.00M USD 1 Quarter
Cash distributions to parent PaymentsOfDistributionsToAffiliates $55.00M USD 1 Quarter
Cash contributions from parent ProceedsFromContributionsFromParent $110.00M USD 1 Quarter
Cash contributions from parent ProceedsFromContributionsFromParent $340.00M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $1.29B USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $9.99M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $374.22M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $737.00M USD 1 Quarter
Contributions and advances for construction costs ProceedsFromContributionInAidOfConstruction $131.87M USD 1 Quarter
Contributions and advances for construction costs ProceedsFromContributionInAidOfConstruction $188.54M USD 1 Quarter
Disposal of property, plant and equipment, net PaymentsForProceedsFromRemovalCosts $2.13M USD 1 Quarter
Disposal of property, plant and equipment, net PaymentsForProceedsFromRemovalCosts $5.24M USD 1 Quarter
Advances to affiliate, net IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $-91.73M USD 1 Quarter
Advances to affiliate, net IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $854.12M USD 1 Quarter
Purchase of ARO Trust investments PaymentsToInvestInDecommissioningFund $15.53M USD 1 Quarter
Purchase of ARO Trust investments PaymentsToInvestInDecommissioningFund $22.42M USD 1 Quarter
Proceeds from sale of ARO Trust investments ProceedsFromDecommissioningFund $3.79M USD 1 Quarter
Proceeds from sale of ARO Trust investments ProceedsFromDecommissioningFund $10.18M USD 1 Quarter
Proceeds from insurance ProceedsFromInsuranceSettlementInvestingActivities $3.20M USD 1 Quarter
Proceeds from insurance ProceedsFromInsuranceSettlementInvestingActivities - USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-161.78M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.42B USD 1 Quarter
Increase (decrease) in cash CashPeriodIncreaseDecrease - USD 1 Quarter
Increase (decrease) in cash CashPeriodIncreaseDecrease - USD 1 Quarter
Cash at beginning of period Cash - USD Point-in-time
Cash at beginning of period Cash - USD Point-in-time
Cash at beginning of period Cash - USD Point-in-time
Cash at beginning of period Cash - USD Point-in-time
Cash at end of period Cash - USD Point-in-time
Cash at end of period Cash - USD Point-in-time
Cash at end of period Cash - USD Point-in-time
Cash at end of period Cash - USD Point-in-time
Increase to property, plant and equipment, net of equity AFUDC PaymentsToAcquireOilAndGasPropertyAndEquipment $721.92M USD 1 Quarter
Increase to property, plant and equipment, net of equity AFUDC PaymentsToAcquireOilAndGasPropertyAndEquipment $434.82M USD 1 Quarter
Changes in related accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-15.08M USD 1 Quarter
Changes in related accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $60.60M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $374.22M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC PaymentsToAcquirePropertyPlantAndEquipment $737.00M 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 $6.00K USD 1 Quarter
Accumulated other comprehensive income reclassification for realized losses on interest rate hedges OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $15.00K USD 1 Quarter

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

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