10-Q Filing

NORTHWEST PIPELINE LLC CIK: 110019 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000110019-23-000014`
Period End Date	20230930
Filing Date	20231101
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	nwp-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 56 Cash Flow Statement 70 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`	$249.00K	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`	$8.79M	USD	Point-in-time
Exchange gas due from others	`ExchangeGasDueFromOthers`	$3.62M	USD	Point-in-time
Exchange gas due from others	`ExchangeGasDueFromOthers`	$35.85M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$1.99M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsCurrent`	$13.56M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.03M	USD	Point-in-time
Prepayments and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$218.69M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$414.79M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$3.94B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$3.84B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.94B	USD	Point-in-time
Less-Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.01B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.89B	USD	Point-in-time
Total property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.93B	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$31.18M	USD	Point-in-time
Regulatory assets	`RegulatoryAssetsNoncurrent`	$15.95M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.95M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$9.62M	USD	Point-in-time
Deferred charges and other long-term assets	`OtherAssetsNoncurrent`	$18.40M	USD	Point-in-time
Deferred charges and other long-term assets	`OtherAssetsNoncurrent`	$15.17M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$58.52M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment`	$40.74M	USD	Point-in-time
Total assets	`Assets`	$2.35B	USD	Point-in-time
Total assets	`Assets`	$2.21B	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$25.76M	USD	Point-in-time
Trade	`AccountsPayableTradeCurrent`	$49.97M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$5.03M	USD	Point-in-time
Exchange gas due to others	`ExchangeGasDueToOthers`	$42.45M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$21.82M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityCurrent`	$145.24M	USD	Point-in-time
Taxes other than income taxes	`TaxesPayableCurrent`	$8.98M	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
Customer advances	`CustomerAdvancesForConstructionCurrent`	$2.80M	USD	Point-in-time
Customer advances	`CustomerAdvancesForConstructionCurrent`	$4.42M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$4.01M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$8.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$118.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$250.35M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$580.08M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$580.90M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$271.71M	USD	Point-in-time
Regulatory liabilities	`RegulatoryLiabilityNoncurrent`	$257.20M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$129.31M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$134.53M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityNoncurrent`	$7.86M	USD	Point-in-time
Lease liability	`OperatingLeaseLiabilityNoncurrent`	$7.30M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.60M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$2.39M	USD	Point-in-time
Total other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$400.65M	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`	$34.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$34.38M	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 members equity	`MembersEquity`	$1.10B	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$2.35B	USD	Point-in-time
Total liabilities and members equity	`LiabilitiesAndStockholdersEquity`	$2.21B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$331.44M	USD	3 Qtrs
Revenues	`Revenues`	$109.76M	USD	1 Quarter
Revenues	`Revenues`	$107.88M	USD	1 Quarter
Revenues	`Revenues`	$327.67M	USD	3 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$24.20M	USD	1 Quarter
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$63.63M	USD	3 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$63.88M	USD	3 Qtrs
Operation and maintenance	`UtilitiesOperatingExpenseMaintenanceAndOperations`	$23.14M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$36.67M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$38.24M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$13.45M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.32M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$85.66M	USD	3 Qtrs
Depreciation and amortization	`Depreciation`	$27.80M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$83.85M	USD	3 Qtrs
Depreciation and amortization	`Depreciation`	$28.51M	USD	1 Quarter
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$1.58M	USD	1 Quarter
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$4.02M	USD	1 Quarter
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$12.45M	USD	3 Qtrs
Taxes other than income taxes	`TaxesExcludingIncomeAndExciseTaxes`	$9.21M	USD	3 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$5.94M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	USD	3 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$17.64M	USD	3 Qtrs
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$12.61M	USD	3 Qtrs
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$3.60M	USD	1 Quarter
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-821.00K	USD	1 Quarter
Other (income) expense, net	`OtherOperatingIncomeExpenseNet`	$-1.54M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$75.89M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$61.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$181.00M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$219.16M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$146.66M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$112.28M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$33.87M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$46.59M	USD	1 Quarter
Interest expense	`InterestExpense`	$21.07M	USD	3 Qtrs
Interest expense	`InterestExpense`	$23.17M	USD	3 Qtrs
Interest expense	`InterestExpense`	$6.85M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.85M	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$2.54M	USD	3 Qtrs
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$2.35M	USD	3 Qtrs
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$885.00K	USD	1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC)	`PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions`	$1.15M	USD	1 Quarter
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$3.52M	USD	3 Qtrs
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.91M	USD	1 Quarter
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$2.24M	USD	1 Quarter
Miscellaneous other (income) expense, net	`OtherNonoperatingIncomeExpense`	$6.93M	USD	3 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-11.60M	USD	3 Qtrs
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-5.05M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-3.46M	USD	1 Quarter
Total other (income) and other expenses	`NonoperatingIncomeExpense`	$-17.30M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$28.82M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$94.97M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$43.13M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$135.06M	USD	3 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$28.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$94.97M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$43.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$135.06M	USD	3 Qtrs
Depreciation and amortization	`Depreciation`	$85.66M	USD	3 Qtrs
Depreciation and amortization	`Depreciation`	$27.80M	USD	1 Quarter
Depreciation and amortization	`Depreciation`	$83.85M	USD	3 Qtrs
Depreciation and amortization	`Depreciation`	$28.51M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$5.94M	USD	1 Quarter
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	-	USD	3 Qtrs
Regulatory charges resulting from tax rate changes	`RegulatoryChargeResultingFromTaxRateChange`	$17.64M	USD	3 Qtrs
Allowance for equity funds used during construction (equity AFUDC)	`IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction`	$1.85M	USD	3 Qtrs
Allowance for equity funds used during construction (equity AFUDC)	`IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction`	$2.08M	USD	3 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.96M	USD	3 Qtrs
Trade and other accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.91M	USD	3 Qtrs
Affiliate receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-280.00K	USD	3 Qtrs
Affiliate receivables	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-109.00K	USD	3 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$-137.00K	USD	3 Qtrs
Materials and supplies	`IncreaseDecreaseInInventories`	$-58.00K	USD	3 Qtrs
Regulatory assets	`IncreaseDecreaseInRegulatoryAssetsCurrent`	$374.00K	USD	3 Qtrs
Regulatory assets	`IncreaseDecreaseInRegulatoryAssetsCurrent`	$260.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-189.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$75.00K	USD	3 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-173.00K	USD	3 Qtrs
Trade accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-890.00K	USD	3 Qtrs
Affiliate payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-2.51M	USD	3 Qtrs
Affiliate payables	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-3.03M	USD	3 Qtrs
Regulatory liabilities	`IncreaseDecreaseInOtherRegulatoryLiabilities`	$-125.50M	USD	3 Qtrs
Regulatory liabilities	`IncreaseDecreaseInOtherRegulatoryLiabilities`	$137.45M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$9.18M	USD	3 Qtrs
Other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$6.67M	USD	3 Qtrs
Regulatory assets	`IncreaseDecreaseInRegulatoryAssetsNoncurrent`	$21.87M	USD	3 Qtrs
Regulatory assets	`IncreaseDecreaseInRegulatoryAssetsNoncurrent`	$4.46M	USD	3 Qtrs
Regulatory liabilities	`IncreaseDecreaseInRegulatoryLiabilitiesNoncurrent`	$-14.65M	USD	3 Qtrs
Regulatory liabilities	`IncreaseDecreaseInRegulatoryLiabilitiesNoncurrent`	$-133.58M	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$3.44M	USD	3 Qtrs
Other, net	`OtherOperatingActivitiesCashFlowStatement`	$3.68M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$69.53M	USD	3 Qtrs
Net cash provided (used) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$206.41M	USD	3 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$134.80M	USD	3 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$108.00M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-108.00M	USD	3 Qtrs
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-134.80M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$77.26M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$60.64M	USD	3 Qtrs
Contributions and advances for construction costs	`ProceedsFromContributionInAidOfConstruction`	$10.04M	USD	3 Qtrs
Contributions and advances for construction costs	`ProceedsFromContributionInAidOfConstruction`	$3.44M	USD	3 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$7.24M	USD	3 Qtrs
Disposal of property, plant and equipment, net	`PaymentsForProceedsFromRemovalCosts`	$4.46M	USD	3 Qtrs
Advances to affiliate, net	`IncreaseDecreaseInAdvancesToAffiliates`	$43.35M	USD	3 Qtrs
Advances to affiliate, net	`IncreaseDecreaseInAdvancesToAffiliates`	$-146.33M	USD	3 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$65.27M	USD	3 Qtrs
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-98.41M	USD	3 Qtrs
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	3 Qtrs
Increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	3 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`	$98.34M	USD	3 Qtrs
Increases to property, plant and equipment, exclusive of equity AFUDC	`PropertyPlantAndEquipmentAdditions`	$73.27M	USD	3 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToCapitalExpenditures`	$21.08M	USD	3 Qtrs
Changes in related accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedToCapitalExpenditures`	$12.63M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$77.26M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$60.64M	USD	3 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`	$1.11B	USD	Point-in-time
Balance at beginning of period	`MembersEquity`	$1.10B	USD	Point-in-time
Net income	`NetIncomeLoss`	$28.82M	USD	1 Quarter
Net income	`NetIncomeLoss`	$94.97M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$43.13M	USD	1 Quarter
Net income	`NetIncomeLoss`	$135.06M	USD	3 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$134.80M	USD	3 Qtrs
Cash distributions to parent	`PaymentsOfDistributionsToAffiliates`	$108.00M	USD	3 Qtrs
Balance at end of period	`MembersEquity`	$1.11B	USD	Point-in-time
Balance at end of period	`MembersEquity`	$1.11B	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.