10-Q Filing

NORTHWEST PIPELINE LLC CIK: 110019 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0000110019-17-000008`
Period End Date	20170630
Filing Date	20170803
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	nwp-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 60 Cash Flow Statement 78

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`	$169.00K	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$38.17M	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$42.70M	USD	Point-in-time
Affiliated companies	`AccountsReceivableRelatedPartiesCurrent`	$1.32M	USD	Point-in-time
Affiliated companies	`AccountsReceivableRelatedPartiesCurrent`	$1.50M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$45.14M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$124.00M	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$595.00K	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$598.00K	USD	Point-in-time
Materials and supplies	`OtherInventoryNetOfReserves`	$10.16M	USD	Point-in-time
Materials and supplies	`OtherInventoryNetOfReserves`	$10.11M	USD	Point-in-time
Exchange gas due from others	`GasImbalanceAssetLiability`	$3.87M	USD	Point-in-time
Exchange gas due from others	`GasImbalanceAssetLiability`	$1.08M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$6.76M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$5.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$109.47M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$182.28M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, at cost	`PropertyPlantAndEquipmentGross`	$3.32B	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, at cost	`PropertyPlantAndEquipmentGross`	$3.34B	USD	Point-in-time
Less-Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.46B	USD	Point-in-time
Less-Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.42B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.88B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.89B	USD	Point-in-time
Deferred charges	`DeferredCostsCurrentAndNoncurrent`	$2.12M	USD	Point-in-time
Deferred charges	`DeferredCostsCurrentAndNoncurrent`	$1.11M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$34.90M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$31.11M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$32.23M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$37.02M	USD	Point-in-time
Total assets	`Assets`	$2.10B	USD	Point-in-time
Total assets	`Assets`	$2.04B	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$13.37M	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$11.24M	USD	Point-in-time
Affiliated companies	`AccountsPayableRelatedPartiesCurrent`	$6.61M	USD	Point-in-time
Affiliated companies	`AccountsPayableRelatedPartiesCurrent`	$7.29M	USD	Point-in-time
Taxes, other than income taxes	`TaxesPayableCurrent`	$11.44M	USD	Point-in-time
Taxes, other than income taxes	`TaxesPayableCurrent`	$12.72M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$3.59M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$3.50M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$3.18M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$4.17M	USD	Point-in-time
Exchange gas offset	`ExchangeGasOffsetLiability`	$1.88M	USD	Point-in-time
Exchange gas offset	`ExchangeGasOffsetLiability`	$1.43M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$1.03M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$1.89M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$5.22M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$9.97M	USD	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	$249.74M	USD	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	$184.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$302.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$231.11M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$334.24M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$331.73M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$60.76M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$59.88M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$30.72M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$35.37M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$7.32M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$3.23M	USD	Point-in-time
Total other noncurrent liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$98.80M	USD	Point-in-time
Total other noncurrent liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$98.47M	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`	$290.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$303.12M	USD	Point-in-time
Total owner's equity	`MembersEquity`	$1.36B	USD	Point-in-time
Total owner's equity	`MembersEquity`	$1.38B	USD	Point-in-time
Total liabilities and owner's equity	`LiabilitiesAndStockholdersEquity`	$2.04B	USD	Point-in-time
Total liabilities and owner's equity	`LiabilitiesAndStockholdersEquity`	$2.10B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$115.57M	USD	1 Quarter
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$236.02M	USD	2 Qtrs
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$235.59M	USD	2 Qtrs
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$115.09M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.04M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$27.50M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$26.86M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.42M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$38.48M	USD	2 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$21.23M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$19.12M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$34.52M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.83M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.73M	USD	2 Qtrs
Depreciation	`Depreciation`	$25.31M	USD	1 Quarter
Depreciation	`Depreciation`	$25.41M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-871.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-1.72M	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-1.21M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-2.46M	USD	2 Qtrs
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$8.66M	USD	2 Qtrs
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$8.99M	USD	2 Qtrs
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.21M	USD	1 Quarter
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.31M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$126.46M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$64.87M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$63.28M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$124.30M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$111.29M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$109.56M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$51.82M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$50.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$22.43M	USD	2 Qtrs
Interest expense	`InterestExpense`	$10.95M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.45M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.81M	USD	2 Qtrs
Allowance for equity and borrowed funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$362.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$512.00K	USD	2 Qtrs
Allowance for equity and borrowed funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$242.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$625.00K	USD	2 Qtrs
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$-213.00K	USD	2 Qtrs
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$-98.00K	USD	1 Quarter
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$-669.00K	USD	2 Qtrs
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$-31.00K	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-8.18M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-16.51M	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-22.47M	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-10.74M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$39.96M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$43.63M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$87.08M	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$94.78M	USD	2 Qtrs
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-28.00K	USD	2 Qtrs
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-13.00K	USD	1 Quarter
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$87.06M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$43.63M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$94.78M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$39.95M	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$39.96M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$87.08M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$94.78M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.83M	USD	2 Qtrs
Depreciation	`Depreciation`	$50.73M	USD	2 Qtrs
Depreciation	`Depreciation`	$25.31M	USD	1 Quarter
Depreciation	`Depreciation`	$25.41M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-871.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-1.72M	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-1.21M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-2.46M	USD	2 Qtrs
Amortization of deferred charges and credits	`AmortizationOfDeferredChargesAndCredits`	$683.00K	USD	2 Qtrs
Amortization of deferred charges and credits	`AmortizationOfDeferredChargesAndCredits`	$-190.00K	USD	2 Qtrs
Allowance for equity funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity`	$388.00K	USD	2 Qtrs
Allowance for equity funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity`	$431.00K	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.53M	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.22M	USD	2 Qtrs
Affiliated receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$184.00K	USD	2 Qtrs
Affiliated receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$218.00K	USD	2 Qtrs
Exchange gas due from others	`IncreaseDecreaseInExchangeGasDueFromOthers`	$-2.79M	USD	2 Qtrs
Exchange gas due from others	`IncreaseDecreaseInExchangeGasDueFromOthers`	$-658.00K	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$56.00K	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$-3.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.02M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$102.00K	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-962.00K	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$799.00K	USD	2 Qtrs
Affiliated payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-686.00K	USD	2 Qtrs
Affiliated payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-5.48M	USD	2 Qtrs
Exchange gas due to others	`IncreaseDecreaseInExchangeGasDueToOthers`	$-2.79M	USD	2 Qtrs
Exchange gas due to others	`IncreaseDecreaseInExchangeGasDueToOthers`	$-658.00K	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.32M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$5.69M	USD	2 Qtrs
Deferred charges	`IncreaseDecreaseInDeferredCharges`	$-298.00K	USD	2 Qtrs
Deferred charges	`IncreaseDecreaseInDeferredCharges`	$2.90M	USD	2 Qtrs
Noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.05M	USD	2 Qtrs
Noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$5.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$138.61M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$154.92M	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$175.00M	USD	2 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$185.00M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$249.10M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Debt issue costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issue costs	`PaymentsOfDebtIssuanceCosts`	$2.08M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$86.00M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$107.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-261.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-44.98M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.49M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.84M	USD	2 Qtrs
Contributions and advances for construction costs	`ContributionsandAdvancesforConstructionCosts`	$365.00K	USD	2 Qtrs
Contributions and advances for construction costs	`ContributionsandAdvancesforConstructionCosts`	$252.00K	USD	2 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$364.00K	USD	2 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$-48.00K	USD	2 Qtrs
Advances to affiliates, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$-135.40M	USD	2 Qtrs
Advances to affiliates, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$78.86M	USD	2 Qtrs
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$9.78M	USD	2 Qtrs
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$122.22M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-109.94M	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-169.00K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	-	USD	2 Qtrs
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`	$169.00K	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`	$169.00K	USD	Point-in-time
Increases to property, plant and equipment	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$18.45M	USD	2 Qtrs
Increases to property, plant and equipment	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$33.89M	USD	2 Qtrs
Changes in related in accounts receivable, accounts payable, and accrued liabilities	`IncreaseDecreaseinAccountsReceivableaccountspayableandaccruedliabilitiestotal`	$2.40M	USD	2 Qtrs
Changes in related in accounts receivable, accounts payable, and accrued liabilities	`IncreaseDecreaseinAccountsReceivableaccountspayableandaccruedliabilitiestotal`	$-4.39M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.49M	USD	2 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.84M	USD	2 Qtrs

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