10-Q Filing

NORTHWEST PIPELINE LLC CIK: 110019 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0000110019-22-000010`
Period End Date	20220630
Filing Date	20220801
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	nwp-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 60 Cash Flow Statement 68 Stockholders Equity 12

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$313.21M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$281.44M	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$39.10M	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$35.13M	USD	Point-in-time
Affiliates	`AccountsReceivableRelatedPartiesCurrent`	$355.00K	USD	Point-in-time
Affiliates	`AccountsReceivableRelatedPartiesCurrent`	$372.00K	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$737.00K	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$448.00K	USD	Point-in-time
Materials and supplies, at average cost	`OtherInventoryNetOfReserves`	$9.89M	USD	Point-in-time
Materials and supplies, at average cost	`OtherInventoryNetOfReserves`	$8.91M	USD	Point-in-time
Exchange gas due from others	`ExchangeGasDueFromOthers`	$16.96M	USD	Point-in-time
Exchange gas due from others	`ExchangeGasDueFromOthers`	$6.15M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$4.31M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$4.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$351.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$369.98M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$3.75B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$3.77B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.86B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.90B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.89B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.87B	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$18.31M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$17.02M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.06M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$10.24M	USD	Point-in-time
Deferred charges and other long-term assets	`OtherAssetsNoncurrent`	$11.83M	USD	Point-in-time
Deferred charges and other long-term assets	`OtherAssetsNoncurrent`	$13.29M	USD	Point-in-time
Total other assets	`AssetsNoncurrentExcludingPPE`	$40.38M	USD	Point-in-time
Total other assets	`AssetsNoncurrentExcludingPPE`	$40.36M	USD	Point-in-time
Total assets	`Assets`	$2.28B	USD	Point-in-time
Total assets	`Assets`	$2.28B	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$23.72M	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$23.11M	USD	Point-in-time
Affiliates	`AccountsPayableRelatedPartiesCurrent`	$13.14M	USD	Point-in-time
Affiliates	`AccountsPayableRelatedPartiesCurrent`	$8.07M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$12.56M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$9.03M	USD	Point-in-time
Customer advances	`CustomerAdvancesForConstructionCurrent`	$8.82M	USD	Point-in-time
Customer advances	`CustomerAdvancesForConstructionCurrent`	$2.28M	USD	Point-in-time
Taxes other than income taxes	`TaxesPayableCurrent`	$7.96M	USD	Point-in-time
Taxes other than income taxes	`TaxesPayableCurrent`	$11.20M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$5.50M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$5.50M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$2.45M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$2.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$70.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$65.55M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$579.03M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$579.55M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$388.43M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$404.41M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$122.65M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$125.93M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityNoncurrent`	$8.17M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityNoncurrent`	$8.20M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$3.58M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$3.10M	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$522.87M	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$541.62M	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
Members capital	`MembersCapital`	$1.07B	USD	Point-in-time
Members capital	`MembersCapital`	$1.07B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$23.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$35.51M	USD	Point-in-time
Total members equity	`MembersEquity`	$1.11B	USD	Point-in-time
Total members equity	`MembersEquity`	$1.10B	USD	Point-in-time
Total members equity	`MembersEquity`	$1.11B	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$2.28B	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$2.28B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$221.68M	USD	2 Qtrs
Revenues	`Revenues`	$107.92M	USD	1 Quarter
Revenues	`Revenues`	$220.82M	USD	2 Qtrs
Revenues	`Revenues`	$107.86M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$24.79M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.46M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.13M	USD	2 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$36.18M	USD	2 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$22.74M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$19.53M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$40.49M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$28.20M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$28.51M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$57.15M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$56.27M	USD	2 Qtrs
Regulatory debits	`RegulatoryDebits`	$818.00K	USD	2 Qtrs
Regulatory debits	`RegulatoryDebits`	$698.00K	USD	2 Qtrs
Regulatory debits	`RegulatoryDebits`	$364.00K	USD	1 Quarter
Regulatory debits	`RegulatoryDebits`	$350.00K	USD	1 Quarter
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.35M	USD	1 Quarter
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.28M	USD	1 Quarter
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$8.50M	USD	2 Qtrs
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$8.43M	USD	2 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$5.88M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$11.69M	USD	2 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$5.88M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$11.69M	USD	2 Qtrs
Other (income) loss, net	`OtherOperatingIncomeExpenseNet`	$46.00K	USD	2 Qtrs
Other (income) loss, net	`OtherOperatingIncomeExpenseNet`	$56.00K	USD	1 Quarter
Other (income) loss, net	`OtherOperatingIncomeExpenseNet`	$95.00K	USD	2 Qtrs
Other (income) loss, net	`OtherOperatingIncomeExpenseNet`	$15.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$69.69M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$143.27M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$136.42M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$74.81M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$78.41M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$33.04M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$38.23M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$84.40M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.69M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.48M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.84M	USD	2 Qtrs
Interest expense	`InterestExpense`	$15.32M	USD	2 Qtrs
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$374.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$1.47M	USD	2 Qtrs
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$639.00K	USD	2 Qtrs
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$769.00K	USD	1 Quarter
Miscellaneous other (income) loss, net	`OtherNonoperatingIncomeExpense`	$184.00K	USD	1 Quarter
Miscellaneous other (income) loss, net	`OtherNonoperatingIncomeExpense`	$345.00K	USD	2 Qtrs
Miscellaneous other (income) loss, net	`OtherNonoperatingIncomeExpense`	$802.00K	USD	1 Quarter
Miscellaneous other (income) loss, net	`OtherNonoperatingIncomeExpense`	$1.60M	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-6.12M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-6.92M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-13.86M	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-12.25M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$31.31M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$66.16M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$26.92M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$70.54M	USD	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$31.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.16M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$26.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$70.54M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$28.20M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$28.51M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$57.15M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$56.27M	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$818.00K	USD	2 Qtrs
Regulatory debits	`RegulatoryDebitsCredits`	$698.00K	USD	2 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$5.88M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$11.69M	USD	2 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$5.88M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$11.69M	USD	2 Qtrs
Amortization of deferred charges and credits	`AmortizationOfDeferredChargesAndCredits`	$1.82M	USD	2 Qtrs
Amortization of deferred charges and credits	`AmortizationOfDeferredChargesAndCredits`	$2.36M	USD	2 Qtrs
Allowance for equity funds used during construction (equity AFUDC)	`IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction`	$1.14M	USD	2 Qtrs
Allowance for equity funds used during construction (equity AFUDC)	`IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction`	$518.00K	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.47M	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.26M	USD	2 Qtrs
Affiliate receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$30.00K	USD	2 Qtrs
Affiliate receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-17.00K	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$979.00K	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$-22.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$41.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-935.00K	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$1.08M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$889.00K	USD	2 Qtrs
Affiliate payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$3.50M	USD	2 Qtrs
Affiliate payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-5.07M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-2.96M	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$3.41M	USD	2 Qtrs
Regulatory liabilities	`IncreaseDecreaseInRegulatoryLiabilities`	$2.04M	USD	2 Qtrs
Regulatory liabilities	`IncreaseDecreaseInRegulatoryLiabilities`	$2.34M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.48M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$244.00K	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$133.24M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$145.62M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$78.50M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$99.00M	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-99.00M	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-78.50M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.70M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.25M	USD	2 Qtrs
Contributions and advances for construction costs	`ProceedsFromContributionInAidOfConstruction`	$5.18M	USD	2 Qtrs
Contributions and advances for construction costs	`ProceedsFromContributionInAidOfConstruction`	$8.49M	USD	2 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$2.52M	USD	2 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$1.76M	USD	2 Qtrs
Advances to affiliate, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$24.03M	USD	2 Qtrs
Advances to affiliate, net	`IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent`	$31.77M	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-54.74M	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.62M	USD	2 Qtrs
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	2 Qtrs
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	2 Qtrs
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Increases to property, plant and equipment, exclusive of equity AFUDC	`PropertyPlantAndEquipmentAdditions`	$29.89M	USD	2 Qtrs
Increases to property, plant and equipment, exclusive of equity AFUDC	`PropertyPlantAndEquipmentAdditions`	$29.16M	USD	2 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToCapitalExpenditures`	$-538.00K	USD	2 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToCapitalExpenditures`	$4.64M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.70M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.25M	USD	2 Qtrs

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`MembersEquity`	$1.11B	USD	Point-in-time
Balance at beginning of period	`MembersEquity`	$1.10B	USD	Point-in-time
Balance at beginning of period	`MembersEquity`	$1.11B	USD	Point-in-time
Net income	`NetIncomeLoss`	$31.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.16M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$26.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$70.54M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$78.50M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$99.00M	USD	2 Qtrs
Balance at end of period	`MembersEquity`	$1.11B	USD	Point-in-time
Balance at end of period	`MembersEquity`	$1.10B	USD	Point-in-time
Balance at end of period	`MembersEquity`	$1.11B	USD	Point-in-time

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