10-Q Filing

NORTHWEST PIPELINE LLC CIK: 110019 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0000110019-15-000010`
Period End Date	20150630
Filing Date	20150730
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	nwp-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 60 Cash Flow Statement 74

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$154.00K	USD	Point-in-time
Cash	`Cash`	$133.00K	USD	Point-in-time
Cash	`Cash`	$189.00K	USD	Point-in-time
Cash	`Cash`	$163.00K	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$42.76M	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$38.81M	USD	Point-in-time
Affiliated companies	`AccountsReceivableRelatedPartiesCurrent`	$1.51M	USD	Point-in-time
Affiliated companies	`AccountsReceivableRelatedPartiesCurrent`	$2.04M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$161.15M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$135.05M	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$1.34M	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$1.25M	USD	Point-in-time
Materials and supplies	`OtherInventoryNetOfReserves`	$10.14M	USD	Point-in-time
Materials and supplies	`OtherInventoryNetOfReserves`	$10.07M	USD	Point-in-time
Exchange gas due from others	`GasImbalanceAssetLiability`	$2.58M	USD	Point-in-time
Exchange gas due from others	`GasImbalanceAssetLiability`	$4.18M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$7.63M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$4.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$223.36M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$200.39M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, at cost	`PropertyPlantAndEquipmentGross`	$3.29B	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, at cost	`PropertyPlantAndEquipmentGross`	$3.27B	USD	Point-in-time
Less-Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.33B	USD	Point-in-time
Less-Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.29B	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`	$3.94M	USD	Point-in-time
Deferred charges	`DeferredCostsCurrentAndNoncurrent`	$4.70M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$49.92M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$46.30M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$50.24M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$54.62M	USD	Point-in-time
Total assets	`Assets`	$2.23B	USD	Point-in-time
Total assets	`Assets`	$2.24B	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$12.71M	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$12.84M	USD	Point-in-time
Affiliated companies	`AccountsPayableRelatedPartiesCurrent`	$8.60M	USD	Point-in-time
Affiliated companies	`AccountsPayableRelatedPartiesCurrent`	$13.14M	USD	Point-in-time
Taxes, other than income taxes	`TaxesPayableCurrent`	$11.25M	USD	Point-in-time
Taxes, other than income taxes	`TaxesPayableCurrent`	$12.42M	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`	$6.41M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$2.34M	USD	Point-in-time
Exchange gas offset	`ExchangeGasOffsetLiability`	$869.00K	USD	Point-in-time
Exchange gas offset	`ExchangeGasOffsetLiability`	$3.94M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$2.80M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$2.36M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.80M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$2.20M	USD	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	$174.95M	USD	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$55.65M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$221.06M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$519.57M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$694.42M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$94.68M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$98.05M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$23.38M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$25.09M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$8.02M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$8.91M	USD	Point-in-time
Total other noncurrent liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$132.05M	USD	Point-in-time
Total other noncurrent liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$126.07M	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`	$286.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$285.97M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$59.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$90.00K	USD	Point-in-time
Total owner's equity	`MembersEquity`	$1.36B	USD	Point-in-time
Total owner's equity	`MembersEquity`	$1.36B	USD	Point-in-time
Total liabilities and owner's equity	`LiabilitiesAndStockholdersEquity`	$2.23B	USD	Point-in-time
Total liabilities and owner's equity	`LiabilitiesAndStockholdersEquity`	$2.24B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$235.21M	USD	2 Qtrs
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$115.95M	USD	1 Quarter
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$114.64M	USD	1 Quarter
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$233.73M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.28M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.84M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$29.20M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$31.44M	USD	2 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$35.32M	USD	2 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$20.52M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$18.17M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$37.05M	USD	2 Qtrs
Depreciation	`Depreciation`	$25.08M	USD	1 Quarter
Depreciation	`Depreciation`	$49.40M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.16M	USD	2 Qtrs
Depreciation	`Depreciation`	$24.78M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-586.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-762.00K	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-1.18M	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-381.00K	USD	1 Quarter
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.21M	USD	1 Quarter
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.55M	USD	1 Quarter
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$8.91M	USD	2 Qtrs
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$9.15M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$124.77M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$62.66M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$65.74M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$127.80M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$53.29M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$110.44M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$48.90M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$105.93M	USD	2 Qtrs
Interest expense	`InterestExpense`	$11.53M	USD	1 Quarter
Interest expense	`InterestExpense`	$23.06M	USD	2 Qtrs
Interest expense	`InterestExpense`	$11.51M	USD	1 Quarter
Interest expense	`InterestExpense`	$23.02M	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`	$332.00K	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`	$471.00K	USD	2 Qtrs
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$1.00K	USD	1 Quarter
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$110.00K	USD	1 Quarter
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$23.00K	USD	2 Qtrs
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$626.00K	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-11.18M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-21.92M	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-22.79M	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-11.25M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$37.66M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$83.14M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$88.52M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$42.11M	USD	1 Quarter
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-16.00K	USD	1 Quarter
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`	$-31.00K	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$88.49M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$37.64M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$83.11M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$42.09M	USD	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$37.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.14M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$88.52M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$42.11M	USD	1 Quarter
Depreciation	`Depreciation`	$25.08M	USD	1 Quarter
Depreciation	`Depreciation`	$49.40M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.16M	USD	2 Qtrs
Depreciation	`Depreciation`	$24.78M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-586.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-762.00K	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-1.18M	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-381.00K	USD	1 Quarter
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`	$704.00K	USD	2 Qtrs
Amortization of deferred charges and credits	`AmortizationOfDeferredChargesAndCredits`	$685.00K	USD	2 Qtrs
Allowance for equity funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity`	$169.00K	USD	2 Qtrs
Allowance for equity funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity`	$320.00K	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.77M	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.85M	USD	2 Qtrs
Affiliated receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-37.74M	USD	2 Qtrs
Affiliated receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-529.00K	USD	2 Qtrs
Exchange gas due from others	`IncreaseDecreaseInExchangeGasDueFromOthers`	$1.04M	USD	2 Qtrs
Exchange gas due from others	`IncreaseDecreaseInExchangeGasDueFromOthers`	$-1.60M	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$75.00K	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$-16.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.75M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$218.00K	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$2.58M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-4.06M	USD	2 Qtrs
Affiliated payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-4.55M	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`	$-1.59M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.57M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$1.85M	USD	2 Qtrs
Deferred charges	`IncreaseDecreaseInDeferredCharges`	$2.08M	USD	2 Qtrs
Deferred charges	`IncreaseDecreaseInDeferredCharges`	$1.89M	USD	2 Qtrs
Noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$6.13M	USD	2 Qtrs
Noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$4.85M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$171.17M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$145.74M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$104.00M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$88.00M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-656.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-162.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-88.16M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-104.66M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.35M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.58M	USD	2 Qtrs
Contributions and advances for construction costs	`ContributionsandAdvancesforConstructionCosts`	$1.14M	USD	2 Qtrs
Contributions and advances for construction costs	`ContributionsandAdvancesforConstructionCosts`	$826.00K	USD	2 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$-1.77M	USD	2 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$-2.36M	USD	2 Qtrs
Advances to affiliates, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$49.09M	USD	2 Qtrs
Advances to affiliates, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$26.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.48M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.54M	USD	2 Qtrs
NET INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$30.00K	USD	2 Qtrs
NET INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$35.00K	USD	2 Qtrs
CASH AT BEGINNING OF PERIOD	`Cash`	$154.00K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$133.00K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$189.00K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`Cash`	$163.00K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$154.00K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$133.00K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$189.00K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	$163.00K	USD	Point-in-time
Increases to property, plant and equipment	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$31.55M	USD	2 Qtrs
Increases to property, plant and equipment	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$20.85M	USD	2 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.80M	USD	2 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$266.00K	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.35M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.58M	USD	2 Qtrs

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