10-Q Filing

NORTHWEST PIPELINE LLC CIK: 110019 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0000110019-17-000012`
Period End Date	20170930
Filing Date	20171102
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	nwp-20170930.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`	$169.00K	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$38.95M	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$42.70M	USD	Point-in-time
Affiliated companies	`AccountsReceivableRelatedPartiesCurrent`	$1.32M	USD	Point-in-time
Affiliated companies	`AccountsReceivableRelatedPartiesCurrent`	$2.20M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$137.66M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$45.14M	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$1.76M	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$598.00K	USD	Point-in-time
Materials and supplies	`OtherInventoryNetOfReserves`	$10.07M	USD	Point-in-time
Materials and supplies	`OtherInventoryNetOfReserves`	$10.11M	USD	Point-in-time
Exchange gas due from others	`GasImbalanceAssetLiability`	$2.27M	USD	Point-in-time
Exchange gas due from others	`GasImbalanceAssetLiability`	$3.87M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$6.23M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$5.74M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$199.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$109.47M	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, at cost	`PropertyPlantAndEquipmentGross`	$3.37B	USD	Point-in-time
PROPERTY, PLANT AND EQUIPMENT, at cost	`PropertyPlantAndEquipmentGross`	$3.32B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.48B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.42B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.89B	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`	$1.02M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$29.71M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$34.90M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$30.73M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$37.02M	USD	Point-in-time
Total assets	`Assets`	$2.12B	USD	Point-in-time
Total assets	`Assets`	$2.04B	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$11.24M	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$16.67M	USD	Point-in-time
Affiliated companies	`AccountsPayableRelatedPartiesCurrent`	$4.50M	USD	Point-in-time
Affiliated companies	`AccountsPayableRelatedPartiesCurrent`	$7.29M	USD	Point-in-time
Taxes, other than income taxes	`TaxesPayableCurrent`	$16.41M	USD	Point-in-time
Taxes, other than income taxes	`TaxesPayableCurrent`	$11.44M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$11.42M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$3.50M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$4.17M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$2.12M	USD	Point-in-time
Exchange gas offset	`ExchangeGasOffsetLiability`	$1.43M	USD	Point-in-time
Exchange gas offset	`ExchangeGasOffsetLiability`	$1.36M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$1.50M	USD	Point-in-time
Customer advances	`CustomerAdvancesCurrent`	$1.89M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$5.22M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$11.51M	USD	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	$184.92M	USD	Point-in-time
Long-term debt due within one year	`LongTermDebtCurrent`	$249.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$315.29M	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`	$331.80M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$66.01M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$60.76M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$30.72M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$37.71M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$3.12M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$7.32M	USD	Point-in-time
Total other noncurrent liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$106.83M	USD	Point-in-time
Total other noncurrent liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$98.80M	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`	$293.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$303.12M	USD	Point-in-time
Total owner's equity	`MembersEquity`	$1.37B	USD	Point-in-time
Total owner's equity	`MembersEquity`	$1.38B	USD	Point-in-time
Total liabilities and owner's equity	`LiabilitiesAndStockholdersEquity`	$2.12B	USD	Point-in-time
Total liabilities and owner's equity	`LiabilitiesAndStockholdersEquity`	$2.04B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$116.90M	USD	1 Quarter
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$351.78M	USD	3 Qtrs
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$352.91M	USD	3 Qtrs
OPERATING REVENUES	`RegulatedOperatingRevenueGas`	$116.19M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$39.20M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.53M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.34M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$40.03M	USD	3 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$20.22M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$55.82M	USD	3 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$21.29M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$58.70M	USD	3 Qtrs
Depreciation	`Depreciation`	$25.42M	USD	1 Quarter
Depreciation	`Depreciation`	$25.52M	USD	1 Quarter
Depreciation	`Depreciation`	$76.34M	USD	3 Qtrs
Depreciation	`Depreciation`	$76.15M	USD	3 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-3.67M	USD	3 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-1.21M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-873.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-2.59M	USD	3 Qtrs
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.69M	USD	1 Quarter
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.06M	USD	1 Quarter
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$13.36M	USD	3 Qtrs
Taxes, other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$13.04M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$188.91M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$64.60M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$63.54M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$190.00M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$51.58M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$53.36M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$162.91M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$162.88M	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.38M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.95M	USD	3 Qtrs
Interest expense	`InterestExpense`	$30.80M	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.14M	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$454.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$1.08M	USD	3 Qtrs
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$587.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$1.10M	USD	3 Qtrs
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$-176.00K	USD	1 Quarter
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$30.00K	USD	1 Quarter
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$-845.00K	USD	3 Qtrs
Miscellaneous other (income) expenses, net	`OtherNonoperatingIncomeExpense`	$-184.00K	USD	3 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-8.10M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-7.52M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-24.04M	USD	3 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-30.57M	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$132.34M	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$44.06M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$138.84M	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$45.26M	USD	1 Quarter
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-28.00K	USD	3 Qtrs
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Amortization of cash flow hedges into Interest expense	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$45.26M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$132.31M	USD	3 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$44.06M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$138.84M	USD	3 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$132.34M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$44.06M	USD	1 Quarter
Net income	`NetIncomeLoss`	$138.84M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$45.26M	USD	1 Quarter
Depreciation	`Depreciation`	$25.42M	USD	1 Quarter
Depreciation	`Depreciation`	$25.52M	USD	1 Quarter
Depreciation	`Depreciation`	$76.34M	USD	3 Qtrs
Depreciation	`Depreciation`	$76.15M	USD	3 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-3.67M	USD	3 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$-1.21M	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-873.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebitsCredits`	$-2.59M	USD	3 Qtrs
Amortization of deferred charges and credits	`AmortizationOfDeferredChargesAndCredits`	$1.02M	USD	3 Qtrs
Amortization of deferred charges and credits	`AmortizationOfDeferredChargesAndCredits`	$910.00K	USD	3 Qtrs
Allowance for equity funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity`	$839.00K	USD	3 Qtrs
Allowance for equity funds used during construction	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity`	$749.00K	USD	3 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.63M	USD	3 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.59M	USD	3 Qtrs
Affiliated receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$877.00K	USD	3 Qtrs
Affiliated receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$224.00K	USD	3 Qtrs
Exchange gas due from others	`IncreaseDecreaseInExchangeGasDueFromOthers`	$594.00K	USD	3 Qtrs
Exchange gas due from others	`IncreaseDecreaseInExchangeGasDueFromOthers`	$-1.60M	USD	3 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$-57.00K	USD	3 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$-36.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$494.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-645.00K	USD	3 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-154.00K	USD	3 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$394.00K	USD	3 Qtrs
Affiliated payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-2.79M	USD	3 Qtrs
Affiliated payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-7.33M	USD	3 Qtrs
Exchange gas due to others	`IncreaseDecreaseInExchangeGasDueToOthers`	$-1.60M	USD	3 Qtrs
Exchange gas due to others	`IncreaseDecreaseInExchangeGasDueToOthers`	$594.00K	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$11.25M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$19.39M	USD	3 Qtrs
Deferred charges	`IncreaseDecreaseInDeferredCharges`	$5.02M	USD	3 Qtrs
Deferred charges	`IncreaseDecreaseInDeferredCharges`	$423.00K	USD	3 Qtrs
Noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$9.27M	USD	3 Qtrs
Noncurrent liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$692.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$237.01M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$224.91M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$185.00M	USD	3 Qtrs
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$175.00M	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$249.10M	USD	3 Qtrs
Paymenst for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Paymenst for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.08M	USD	3 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$131.00M	USD	3 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$148.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-85.98M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-306.00M	USD	3 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.02M	USD	3 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$51.12M	USD	3 Qtrs
Contributions and advances for construction costs	`ContributionsandAdvancesforConstructionCosts`	$440.00K	USD	3 Qtrs
Contributions and advances for construction costs	`ContributionsandAdvancesforConstructionCosts`	$1.13M	USD	3 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$934.00K	USD	3 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$-570.00K	USD	3 Qtrs
Advances to affiliates, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$92.52M	USD	3 Qtrs
Advances to affiliates, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$-120.13M	USD	3 Qtrs
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	3 Qtrs
Proceeds from insurance	`ProceedsFromInsuranceSettlementInvestingActivities`	$10.21M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-151.03M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$80.92M	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	-	USD	3 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashPeriodIncreaseDecrease`	$-169.00K	USD	3 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`	$169.00K	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`	$169.00K	USD	Point-in-time
CASH AT END OF PERIOD	`Cash`	-	USD	Point-in-time
Increases to property, plant and equipment	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$62.74M	USD	3 Qtrs
Increases to property, plant and equipment	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$48.19M	USD	3 Qtrs
Changes in related in accounts payable and accrued liabilities	`IncreaseDecreaseinAccountsReceivableaccountspayableandaccruedliabilitiestotal`	$-2.93M	USD	3 Qtrs
Changes in related in accounts payable and accrued liabilities	`IncreaseDecreaseinAccountsReceivableaccountspayableandaccruedliabilitiestotal`	$4.72M	USD	3 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.02M	USD	3 Qtrs
Capital expenditures, net of equity AFUDC	`PaymentsToAcquirePropertyPlantAndEquipment`	$51.12M	USD	3 Qtrs

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