10-Q Filing

NORTHWEST PIPELINE LLC CIK: 110019 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0000110019-14-000008`
Period End Date	20140630
Filing Date	20140731
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	nwp-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 60 Cash Flow Statement 72

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Reserves, materials and supplies	`InventoryValuationReserves`	$17.00K	USD	Point-in-time
Reserves, materials and supplies	`InventoryValuationReserves`	$28.00K	USD	Point-in-time
Cash	`Cash`	$117.00K	USD	Point-in-time
Cash	`Cash`	$163.00K	USD	Point-in-time
Cash	`Cash`	$100.00K	USD	Point-in-time
Cash	`Cash`	$133.00K	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$38.19M	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$42.78M	USD	Point-in-time
Affiliated companies	`AccountsReceivableRelatedPartiesCurrent`	$2.69M	USD	Point-in-time
Affiliated companies	`AccountsReceivableRelatedPartiesCurrent`	$40.43M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$119.17M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$168.26M	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$1.63M	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$3.44M	USD	Point-in-time
Materials and supplies, less reserves of $28 at June 30, 2014 and $17 at December 31, 2013	`OtherInventoryNetOfReserves`	$10.25M	USD	Point-in-time
Materials and supplies, less reserves of $28 at June 30, 2014 and $17 at December 31, 2013	`OtherInventoryNetOfReserves`	$10.27M	USD	Point-in-time
Exchange gas due from others	`GasImbalanceAssetLiability`	$3.79M	USD	Point-in-time
Exchange gas due from others	`GasImbalanceAssetLiability`	$2.75M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.56M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$220.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$230.56M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, at cost	`PropertyPlantAndEquipmentGross`	$3.21B	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, at cost	`PropertyPlantAndEquipmentGross`	$3.21B	USD	Point-in-time
Less-Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.26B	USD	Point-in-time
Less-Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.22B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.96B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.98B	USD	Point-in-time
Deferred charges	`DeferredCostsCurrentAndNoncurrent`	$6.41M	USD	Point-in-time
Deferred charges	`DeferredCostsCurrentAndNoncurrent`	$5.49M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$54.91M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$58.14M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$60.40M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$64.55M	USD	Point-in-time
Total assets	`Assets`	$2.27B	USD	Point-in-time
Total assets	`Assets`	$2.25B	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$24.01M	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$19.93M	USD	Point-in-time
Affiliated companies	`AccountsPayableRelatedPartiesCurrent`	$10.51M	USD	Point-in-time
Affiliated companies	`AccountsPayableRelatedPartiesCurrent`	$11.14M	USD	Point-in-time
Taxes, other than income taxes	`TaxesPayableCurrent`	$10.97M	USD	Point-in-time
Taxes, other than income taxes	`TaxesPayableCurrent`	$12.74M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$4.04M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$4.04M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$5.57M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$5.85M	USD	Point-in-time
Exchange gas offset	`ExchangeGasOffsetLiability`	$572.00K	USD	Point-in-time
Exchange gas offset	`ExchangeGasOffsetLiability`	$1.35M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$6.37M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$2.47M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$2.53M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.97M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$59.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$64.92M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$694.22M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$694.32M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$63.88M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$60.75M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$21.22M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$19.25M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$7.48M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$7.26M	USD	Point-in-time
Total other noncurrent liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$92.36M	USD	Point-in-time
Total other noncurrent liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$87.48M	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
Owner's capital	`MembersCapital`	$1.07B	USD	Point-in-time
Owner's capital	`MembersCapital`	$1.07B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$349.42M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$328.56M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$121.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$152.00K	USD	Point-in-time
Total owner's equity	`MembersEquity`	$1.40B	USD	Point-in-time
Total owner's equity	`MembersEquity`	$1.42B	USD	Point-in-time
Total liabilities and owner's equity	`LiabilitiesAndStockholdersEquity`	$2.27B	USD	Point-in-time
Total liabilities and owner's equity	`LiabilitiesAndStockholdersEquity`	$2.25B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$233.73M	USD	2 Qtrs
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$232.59M	USD	2 Qtrs
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$113.85M	USD	1 Quarter
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$114.64M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$31.98M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$31.44M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.77M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.84M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$35.49M	USD	2 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$20.52M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$37.05M	USD	2 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$18.69M	USD	1 Quarter
Depreciation	`Depreciation`	$47.74M	USD	2 Qtrs
Depreciation	`Depreciation`	$49.40M	USD	2 Qtrs
Depreciation	`Depreciation`	$23.73M	USD	1 Quarter
Depreciation	`Depreciation`	$24.78M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-350.00K	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-381.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-165.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-762.00K	USD	2 Qtrs
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.21M	USD	1 Quarter
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.35M	USD	1 Quarter
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$8.69M	USD	2 Qtrs
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$9.15M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$65.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$127.80M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$124.25M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$62.71M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$108.33M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$105.93M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$51.14M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$48.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.53M	USD	1 Quarter
Interest expense	`InterestExpense`	$23.11M	USD	2 Qtrs
Interest expense	`InterestExpense`	$23.06M	USD	2 Qtrs
Interest expense	`InterestExpense`	$11.55M	USD	1 Quarter
Allowance for equity and borrowed funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$248.00K	USD	2 Qtrs
Allowance for equity and borrowed funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$647.00K	USD	2 Qtrs
Allowance for equity and borrowed funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$173.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$371.00K	USD	1 Quarter
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$23.00K	USD	2 Qtrs
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$110.00K	USD	1 Quarter
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$-209.00K	USD	2 Qtrs
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$67.00K	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-11.12M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-22.79M	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-22.67M	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-11.25M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$40.02M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$37.66M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$85.66M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$83.14M	USD	2 Qtrs
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-31.00K	USD	2 Qtrs
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-16.00K	USD	1 Quarter
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-31.00K	USD	2 Qtrs
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-16.00K	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$85.63M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$83.11M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$40.01M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$37.64M	USD	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$40.02M	USD	1 Quarter
Net income	`NetIncomeLoss`	$37.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$85.66M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$83.14M	USD	2 Qtrs
Depreciation	`Depreciation`	$47.74M	USD	2 Qtrs
Depreciation	`Depreciation`	$49.40M	USD	2 Qtrs
Depreciation	`Depreciation`	$23.73M	USD	1 Quarter
Depreciation	`Depreciation`	$24.78M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-350.00K	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-381.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-165.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-762.00K	USD	2 Qtrs
Gain on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$70.00K	USD	2 Qtrs
Gain on sale of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Amortization of deferred charges and credits	`AmortizationOfDeferredChargesAndCredits`	$830.00K	USD	2 Qtrs
Amortization of deferred charges and credits	`AmortizationOfDeferredChargesAndCredits`	$704.00K	USD	2 Qtrs
Allowance for equity funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity`	$169.00K	USD	2 Qtrs
Allowance for equity funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity`	$436.00K	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-595.00K	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.77M	USD	2 Qtrs
Affiliated receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-37.74M	USD	2 Qtrs
Affiliated receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$570.00K	USD	2 Qtrs
Exchange gas due from others	`IncreaseDecreaseInExchangeGasDueFromOthers`	$1.04M	USD	2 Qtrs
Exchange gas due from others	`IncreaseDecreaseInExchangeGasDueFromOthers`	$-3.65M	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$183.00K	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$-16.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$218.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$990.00K	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-2.69M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-4.06M	USD	2 Qtrs
Affiliated payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-749.00K	USD	2 Qtrs
Affiliated payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-622.00K	USD	2 Qtrs
Exchange gas due to others	`IncreaseDecreaseInExchangeGasDueToOthers`	$1.42M	USD	2 Qtrs
Exchange gas due to others	`IncreaseDecreaseInExchangeGasDueToOthers`	$-3.65M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.57M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$1.97M	USD	2 Qtrs
Deferred charges	`IncreaseDecreaseInDeferredCharges`	$1.89M	USD	2 Qtrs
Deferred charges	`IncreaseDecreaseInDeferredCharges`	$3.43M	USD	2 Qtrs
Noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$4.19M	USD	2 Qtrs
Noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$4.85M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$132.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$171.17M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$104.00M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$27.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.19M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-656.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-29.19M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-104.66M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.90M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.76M	USD	2 Qtrs
Proceeds from sales	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.36M	USD	2 Qtrs
Proceeds from sales	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.65M	USD	2 Qtrs
Advances to affiliates, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$82.87M	USD	2 Qtrs
Advances to affiliates, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$49.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.48M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-103.12M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$30.00K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-17.00K	USD	2 Qtrs
CASH AT BEGINNING OF PERIOD	`Cash`	$117.00K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$163.00K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$100.00K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$133.00K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$117.00K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$163.00K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$100.00K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$133.00K	USD	Point-in-time
Increases to property, plant and equipment	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$20.39M	USD	2 Qtrs
Increases to property, plant and equipment	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$27.47M	USD	2 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$632.00K	USD	2 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.57M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.90M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.76M	USD	2 Qtrs

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