10-Q Filing

NORTHWEST PIPELINE LLC CIK: 110019 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000110019-23-000011`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	nwp-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 56 Cash Flow Statement 66 Stockholders Equity 12

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$492.00K	USD	Point-in-time
Other	`AccountsAndOtherReceivablesNetCurrent`	$606.00K	USD	Point-in-time
Materials and supplies, at average cost	`OtherInventoryNetOfReserves`	$8.92M	USD	Point-in-time
Materials and supplies, at average cost	`OtherInventoryNetOfReserves`	$8.93M	USD	Point-in-time
Exchange gas due from others	`ExchangeGasDueFromOthers`	$35.85M	USD	Point-in-time
Exchange gas due from others	`ExchangeGasDueFromOthers`	$3.09M	USD	Point-in-time
Regulatory Asset, Current	`RegulatoryAssetsCurrent`	$13.56M	USD	Point-in-time
Regulatory Asset, Current	`RegulatoryAssetsCurrent`	$1.85M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$2.04M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$414.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$227.12M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$3.84B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$3.88B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.98B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.94B	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
Regulatory assets	`RegulatoryAssetsNoncurrent`	$26.27M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$15.95M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$9.62M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$9.18M	USD	Point-in-time
Deferred charges and other long-term assets	`OtherAssetsNoncurrent`	$15.17M	USD	Point-in-time
Deferred charges and other long-term assets	`OtherAssetsNoncurrent`	$17.23M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$52.68M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$40.74M	USD	Point-in-time
Total assets	`Assets`	$2.17B	USD	Point-in-time
Total assets	`Assets`	$2.35B	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$24.77M	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$25.76M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$4.43M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$42.45M	USD	Point-in-time
Customer advances	`CustomerAdvancesForConstructionCurrent`	$3.35M	USD	Point-in-time
Customer advances	`CustomerAdvancesForConstructionCurrent`	$4.42M	USD	Point-in-time
Taxes other than income taxes	`TaxesPayableCurrent`	$7.44M	USD	Point-in-time
Taxes other than income taxes	`TaxesPayableCurrent`	$10.85M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$5.50M	USD	Point-in-time
Interest	`InterestPayableCurrent`	$5.50M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$21.03M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$145.24M	USD	Point-in-time
Other Accrued Liabilities, Current	`OtherAccruedLiabilitiesCurrent`	$7.14M	USD	Point-in-time
Other Accrued Liabilities, Current	`OtherAccruedLiabilitiesCurrent`	$4.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$250.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$82.76M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$580.62M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$580.08M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$262.03M	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`	$132.77M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityNoncurrent`	$7.86M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityNoncurrent`	$7.52M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$2.39M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.96M	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$404.27M	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$411.26M	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`	$28.52M	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`	$1.10B	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$2.17B	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$2.35B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$107.86M	USD	1 Quarter
Revenues	`Revenues`	$219.78M	USD	2 Qtrs
Revenues	`Revenues`	$221.68M	USD	2 Qtrs
Revenues	`Revenues`	$107.39M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$40.49M	USD	2 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$39.67M	USD	2 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$22.74M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$20.16M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$24.79M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.49M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$25.35M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$28.51M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$28.18M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$56.05M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$57.15M	USD	2 Qtrs
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.02M	USD	1 Quarter
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$7.64M	USD	2 Qtrs
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$8.43M	USD	2 Qtrs
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.35M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	USD	2 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	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
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-723.00K	USD	2 Qtrs
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$9.01M	USD	2 Qtrs
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-308.00K	USD	1 Quarter
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$4.44M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$74.81M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$143.27M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$60.41M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$119.71M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$46.98M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$100.08M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$78.41M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$33.04M	USD	1 Quarter
Interest expense	`InterestExpense`	$15.32M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.69M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.22M	USD	2 Qtrs
Interest expense	`InterestExpense`	$6.79M	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$536.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$1.38M	USD	2 Qtrs
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$769.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$1.47M	USD	2 Qtrs
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$802.00K	USD	1 Quarter
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.60M	USD	2 Qtrs
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$4.69M	USD	2 Qtrs
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$2.17M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-4.09M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-6.12M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-12.25M	USD	2 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-8.15M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$42.89M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$26.92M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$91.93M	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$66.16M	USD	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$42.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$91.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$66.16M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$28.51M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$28.18M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$56.05M	USD	2 Qtrs
Depreciation and amortization	`Depreciation`	$57.15M	USD	2 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	USD	2 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	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
Allowance for equity funds used during construction (equity AFUDC)	`IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction`	$1.13M	USD	2 Qtrs
Allowance for equity funds used during construction (equity AFUDC)	`IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction`	$1.14M	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.16M	USD	2 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.26M	USD	2 Qtrs
Affiliate receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-17.00K	USD	2 Qtrs
Affiliate receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-207.00K	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$-6.00K	USD	2 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$979.00K	USD	2 Qtrs
Regulatory assets	`IncreaseDecreaseInOtherRegulatoryAssets`	$71.00K	USD	2 Qtrs
Regulatory assets	`IncreaseDecreaseInOtherRegulatoryAssets`	$290.00K	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.18M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-1.23M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-1.13M	USD	2 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$889.00K	USD	2 Qtrs
Affiliate payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-3.01M	USD	2 Qtrs
Affiliate payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-5.07M	USD	2 Qtrs
Regulatory liabilities	`IncreaseDecreaseInOtherRegulatoryLiabilities`	$-125.50M	USD	2 Qtrs
Regulatory liabilities	`IncreaseDecreaseInOtherRegulatoryLiabilities`	$-1.00K	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-370.00K	USD	2 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-2.96M	USD	2 Qtrs
Other, including changes in long-term assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$2.28M	USD	2 Qtrs
Other, including changes in long-term assets and liabilities	`OtherOperatingActivitiesCashFlowStatement`	$-22.05M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$133.24M	USD	2 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.26M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$78.50M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$97.80M	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-78.50M	USD	2 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-97.80M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.13M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.70M	USD	2 Qtrs
Contributions and advances for construction costs	`ProceedsFromContributionInAidOfConstruction`	$8.49M	USD	2 Qtrs
Contributions and advances for construction costs	`ProceedsFromContributionInAidOfConstruction`	$2.80M	USD	2 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$1.76M	USD	2 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$2.37M	USD	2 Qtrs
Advances to affiliate, net	`IncreaseDecreaseInAdvancesToAffiliates`	$31.77M	USD	2 Qtrs
Advances to affiliate, net	`IncreaseDecreaseInAdvancesToAffiliates`	$-136.24M	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-54.74M	USD	2 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$96.54M	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`	$29.16M	USD	2 Qtrs
Increases to property, plant and equipment, exclusive of equity AFUDC	`PropertyPlantAndEquipmentAdditions`	$37.38M	USD	2 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToCapitalExpenditures`	$-2.76M	USD	2 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToCapitalExpenditures`	$-538.00K	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.13M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.70M	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`	$1.10B	USD	Point-in-time
Net income	`NetIncomeLoss`	$42.89M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$91.93M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$66.16M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$78.50M	USD	2 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$97.80M	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`	$1.10B	USD	Point-in-time

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