10-Q Filing

NORTHWEST PIPELINE LLC CIK: 110019 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000110019-23-000008`
Period End Date	20230331
Filing Date	20230503
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	nwp-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 28 Cash Flow Statement 60 Stockholders Equity 10

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$201.71M	USD	Point-in-time
Advances to affiliate	`NotesReceivableRelatedPartiesCurrent`	$310.64M	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$39.75M	USD	Point-in-time
Trade	`AccountsReceivableGrossCurrent`	$37.38M	USD	Point-in-time
Affiliates	`AccountsReceivableRelatedPartiesCurrent`	$1.83M	USD	Point-in-time
Affiliates	`AccountsReceivableRelatedPartiesCurrent`	$1.85M	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$473.00K	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$606.00K	USD	Point-in-time
Materials and supplies, at average cost	`OtherInventoryNetOfReserves`	$8.93M	USD	Point-in-time
Materials and supplies, at average cost	`OtherInventoryNetOfReserves`	$8.94M	USD	Point-in-time
Exchange gas due from others	`ExchangeGasDueFromOthers`	$35.85M	USD	Point-in-time
Exchange gas due from others	`ExchangeGasDueFromOthers`	$5.70M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$13.56M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$3.63M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.63M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$2.08M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$261.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$414.79M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$3.84B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$3.85B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.94B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.97B	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
Regulatory assets	`RegulatoryAssetsNoncurrent`	$15.95M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$20.75M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$9.62M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$9.40M	USD	Point-in-time
Deferred charges and other long-term assets	`OtherAssetsNoncurrent`	$16.08M	USD	Point-in-time
Deferred charges and other long-term assets	`OtherAssetsNoncurrent`	$15.17M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$40.74M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$46.23M	USD	Point-in-time
Total assets	`Assets`	$2.35B	USD	Point-in-time
Total assets	`Assets`	$2.19B	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$25.76M	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$15.36M	USD	Point-in-time
Affiliates	`AccountsPayableRelatedPartiesCurrent`	$12.12M	USD	Point-in-time
Affiliates	`AccountsPayableRelatedPartiesCurrent`	$10.80M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$4.85M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$42.45M	USD	Point-in-time
Customer advances	`CustomerAdvancesForConstructionCurrent`	$4.49M	USD	Point-in-time
Customer advances	`CustomerAdvancesForConstructionCurrent`	$4.42M	USD	Point-in-time
Taxes other than income taxes	`TaxesPayableCurrent`	$10.30M	USD	Point-in-time
Taxes other than income taxes	`TaxesPayableCurrent`	$10.85M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$12.02M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$5.50M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$19.74M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$145.24M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$4.01M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$3.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$250.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$81.23M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$580.35M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$580.08M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$266.91M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$271.71M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$129.31M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$131.03M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityNoncurrent`	$7.67M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityNoncurrent`	$7.86M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$2.39M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$2.14M	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$411.26M	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$407.75M	USD	Point-in-time
Contingent Liabilities and Commitments (Note 4)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingent Liabilities and Commitments (Note 4)	`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`	$34.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$47.62M	USD	Point-in-time
Total members equity	`MembersEquity`	$1.12B	USD	Point-in-time
Total members equity	`MembersEquity`	$1.11B	USD	Point-in-time
Total members equity	`MembersEquity`	$1.11B	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$2.19B	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$2.35B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$113.82M	USD	1 Quarter
Revenues	`Revenues`	$112.40M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$19.52M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$17.75M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.86M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.76M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$27.88M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$28.64M	USD	1 Quarter
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$3.62M	USD	1 Quarter
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.08M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$5.81M	USD	1 Quarter
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-415.00K	USD	1 Quarter
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$4.57M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$59.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$68.46M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$45.36M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$53.10M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.63M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.43M	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$700.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$846.00K	USD	1 Quarter
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$2.52M	USD	1 Quarter
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$799.00K	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-4.06M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-6.13M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$39.23M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$49.04M	USD	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$39.23M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.04M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$27.88M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$28.64M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$5.81M	USD	1 Quarter
Allowance for equity funds used during construction (equity AFUDC)	`IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction`	$516.00K	USD	1 Quarter
Allowance for equity funds used during construction (equity AFUDC)	`IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction`	$693.00K	USD	1 Quarter
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.50M	USD	1 Quarter
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.50M	USD	1 Quarter
Affiliate receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-221.00K	USD	1 Quarter
Affiliate receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$24.00K	USD	1 Quarter
Materials and supplies	`IncreaseDecreaseInInventories`	$861.00K	USD	1 Quarter
Materials and supplies	`IncreaseDecreaseInInventories`	$16.00K	USD	1 Quarter
Regulatory assets	`IncreaseDecreaseInOtherRegulatoryAssets`	$190.00K	USD	1 Quarter
Regulatory assets	`IncreaseDecreaseInOtherRegulatoryAssets`	$71.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.05M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.19M	USD	1 Quarter
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-3.07M	USD	1 Quarter
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-358.00K	USD	1 Quarter
Affiliate payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-4.70M	USD	1 Quarter
Affiliate payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-1.32M	USD	1 Quarter
Regulatory liabilities	`IncreaseDecreaseInOtherRegulatoryLiabilities`	$-125.51M	USD	1 Quarter
Regulatory liabilities	`IncreaseDecreaseInOtherRegulatoryLiabilities`	$-1.00K	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$5.62M	USD	1 Quarter
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$9.63M	USD	1 Quarter
Other, including changes in long-term assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$1.57M	USD	1 Quarter
Other, including changes in long-term assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-10.57M	USD	1 Quarter
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-52.34M	USD	1 Quarter
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$75.32M	USD	1 Quarter
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$42.00M	USD	1 Quarter
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$35.80M	USD	1 Quarter
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-35.80M	USD	1 Quarter
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.44M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.04M	USD	1 Quarter
Contributions and advances for construction costs	`ProceedsFromContributionInAidOfConstruction`	$1.63M	USD	1 Quarter
Contributions and advances for construction costs	`ProceedsFromContributionInAidOfConstruction`	$1.66M	USD	1 Quarter
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$411.00K	USD	1 Quarter
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$160.00K	USD	1 Quarter
Advances to affiliate, net	`IncreaseDecreaseInAdvancesToAffiliates`	$21.34M	USD	1 Quarter
Advances to affiliate, net	`IncreaseDecreaseInAdvancesToAffiliates`	$-108.93M	USD	1 Quarter
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$88.14M	USD	1 Quarter
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.32M	USD	1 Quarter
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
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`	$7.03M	USD	1 Quarter
Increases to property, plant and equipment, exclusive of equity AFUDC	`PropertyPlantAndEquipmentAdditions`	$10.61M	USD	1 Quarter
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToCapitalExpenditures`	$-11.43M	USD	1 Quarter
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToCapitalExpenditures`	$-6.42M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.44M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.04M	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`MembersEquity`	$1.12B	USD	Point-in-time
Balance at beginning of period	`MembersEquity`	$1.11B	USD	Point-in-time
Balance at beginning of period	`MembersEquity`	$1.11B	USD	Point-in-time
Net income	`NetIncomeLoss`	$39.23M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.04M	USD	1 Quarter
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$42.00M	USD	1 Quarter
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$35.80M	USD	1 Quarter
Balance at end of period	`MembersEquity`	$1.12B	USD	Point-in-time
Balance at end of period	`MembersEquity`	$1.11B	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.