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10-Q Filing

TRANSCONTINENTAL GAS PIPE LINE COMPANY, LLC CIK: 99250 Q1 2012
Filing Information
Form Type 10-Q
Accession Number 0001193125-12-184168
Period End Date 20120331
Filing Date 20120426
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance tgplc-20120331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 line items
Line Item Tag Value Unit Period
Cash CashBalance $102.00K USD Point-in-time
Allowance for receivables AllowanceForDoubtfulAccountsReceivableCurrent $407.00K USD Point-in-time
Cash CashBalance $148.00K USD Point-in-time
Allowance for receivables AllowanceForDoubtfulAccountsReceivableCurrent $407.00K USD Point-in-time
Cash CashBalance $107.00K USD Point-in-time
Cash CashBalance $164.00K USD Point-in-time
Affiliates DueFromRelatedPartiesCurrent $747.00K USD Point-in-time
Affiliates DueFromRelatedPartiesCurrent $5.90M USD Point-in-time
Advances to affiliates NotesReceivableRelatedPartiesCurrent $253.61M USD Point-in-time
Advances to affiliates NotesReceivableRelatedPartiesCurrent $293.37M USD Point-in-time
Others, less allowance of $407 ($407 in 2011) AccountsAndOtherReceivablesNetCurrent $125.12M USD Point-in-time
Others, less allowance of $407 ($407 in 2011) AccountsAndOtherReceivablesNetCurrent $121.59M USD Point-in-time
Transportation and exchange gas receivables GasImbalanceAssetLiability $2.38M USD Point-in-time
Transportation and exchange gas receivables GasImbalanceAssetLiability $4.91M USD Point-in-time
Inventories OtherInventory $35.61M USD Point-in-time
Inventories OtherInventory $36.50M USD Point-in-time
Regulatory assets RegulatoryAssetsCurrent $38.12M USD Point-in-time
Regulatory assets RegulatoryAssetsCurrent $37.88M USD Point-in-time
Other OtherAssetsCurrent $6.43M USD Point-in-time
Other OtherAssetsCurrent $12.97M USD Point-in-time
Total current assets AssetsCurrent $472.64M USD Point-in-time
Total current assets AssetsCurrent $502.76M USD Point-in-time
Investments, at cost plus equity in undistributed earnings EquityMethodInvestments $56.99M USD Point-in-time
Investments, at cost plus equity in undistributed earnings EquityMethodInvestments $61.52M USD Point-in-time
Natural gas transmission plant PropertyPlantAndEquipmentGross $8.15B USD Point-in-time
Natural gas transmission plant PropertyPlantAndEquipmentGross $8.09B USD Point-in-time
Less-Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.80B USD Point-in-time
Less-Accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.83B USD Point-in-time
Total property, plant and equipment, net PropertyPlantAndEquipmentNet $5.29B USD Point-in-time
Total property, plant and equipment, net PropertyPlantAndEquipmentNet $5.32B USD Point-in-time
Regulatory assets RegulatoryAssetsNoncurrent $207.94M USD Point-in-time
Regulatory assets RegulatoryAssetsNoncurrent $205.62M USD Point-in-time
Other OtherAssetsNoncurrent $49.42M USD Point-in-time
Other OtherAssetsNoncurrent $50.47M USD Point-in-time
Total other assets AssetsNoncurrent $255.04M USD Point-in-time
Total other assets AssetsNoncurrent $258.42M USD Point-in-time
Total assets Assets $6.14B USD Point-in-time
Total assets Assets $6.08B USD Point-in-time
Affiliates DueToRelatedPartiesCurrent $31.44M USD Point-in-time
Affiliates DueToRelatedPartiesCurrent $16.94M USD Point-in-time
Other AccountsPayableOtherCurrent $93.14M USD Point-in-time
Other AccountsPayableOtherCurrent $108.71M USD Point-in-time
Transportation and exchange gas payables TransportationAndExchangeGasPayables $2.78M USD Point-in-time
Transportation and exchange gas payables TransportationAndExchangeGasPayables $1.90M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $136.90M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $140.39M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $324.61M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $324.32M USD Point-in-time
Total current liabilities LiabilitiesCurrent $587.99M USD Point-in-time
Total current liabilities LiabilitiesCurrent $593.14M USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $1.03B USD Point-in-time
Long-Term Debt LongTermDebtNoncurrent $1.03B USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $245.37M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $241.19M USD Point-in-time
Regulatory liabilities RegulatoryLiabilityNoncurrent $202.46M USD Point-in-time
Regulatory liabilities RegulatoryLiabilityNoncurrent $182.85M USD Point-in-time
Other OtherLiabilitiesNoncurrent $6.24M USD Point-in-time
Other OtherLiabilitiesNoncurrent $6.18M USD Point-in-time
Total other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $434.39M USD Point-in-time
Total other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $449.89M USD Point-in-time
Contingent liabilities and commitments (Note 2) CommitmentsAndContingencies - USD Point-in-time
Member's capital MembersCapital $1.84B USD Point-in-time
Member's capital MembersCapital $1.88B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.18B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.20B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-371.00K USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-346.00K USD Point-in-time
Total owner's equity OwnersEquity $4.07B USD Point-in-time
Total owner's equity OwnersEquity $4.02B USD Point-in-time
Total liabilities and owner's equity LiabilitiesAndOwnersEquity $6.08B USD Point-in-time
Total liabilities and owner's equity LiabilitiesAndOwnersEquity $6.14B USD Point-in-time
Income Statement 46 line items
Line Item Tag Value Unit Period
Natural gas sales OilAndGasSalesRevenue $27.04M USD 1 Quarter
Natural gas sales OilAndGasSalesRevenue $10.15M USD 1 Quarter
Natural gas transportation GasGatheringTransportationMarketingAndProcessingRevenue $240.38M USD 1 Quarter
Natural gas transportation GasGatheringTransportationMarketingAndProcessingRevenue $262.47M USD 1 Quarter
Natural gas storage NaturalGasStorageRevenue $35.75M USD 1 Quarter
Natural gas storage NaturalGasStorageRevenue $36.82M USD 1 Quarter
Other OtherOperatingRevenue $1.12M USD 1 Quarter
Other OtherOperatingRevenue $1.52M USD 1 Quarter
Total operating revenues OilAndGasRevenue $309.88M USD 1 Quarter
Total operating revenues OilAndGasRevenue $305.36M USD 1 Quarter
Cost of natural gas sales CostOfGoodsSoldOilAndGas $27.04M USD 1 Quarter
Cost of natural gas sales CostOfGoodsSoldOilAndGas $10.15M USD 1 Quarter
Cost of natural gas transportation GasGatheringTransportationMarketingAndProcessingCosts $11.36M USD 1 Quarter
Cost of natural gas transportation GasGatheringTransportationMarketingAndProcessingCosts $11.38M USD 1 Quarter
Operation and maintenance UtilitiesOperatingExpenseMaintenanceAndOperations $59.44M USD 1 Quarter
Operation and maintenance UtilitiesOperatingExpenseMaintenanceAndOperations $59.35M USD 1 Quarter
Administrative and general GeneralAndAdministrativeExpense $48.17M USD 1 Quarter
Administrative and general GeneralAndAdministrativeExpense $42.79M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $64.24M USD 1 Quarter
Depreciation and amortization CostOfServicesDepreciationAndAmortization $66.00M USD 1 Quarter
Taxes - other than income taxes TaxesExcludingIncomeAndExciseTaxes $13.54M USD 1 Quarter
Taxes - other than income taxes TaxesExcludingIncomeAndExciseTaxes $13.59M USD 1 Quarter
Other (income) expense, net OtherOperatingIncomeExpenseNet $-7.78M USD 1 Quarter
Other (income) expense, net OtherOperatingIncomeExpenseNet $9.85M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $216.42M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $208.56M USD 1 Quarter
Operating Income OperatingIncomeLoss $93.46M USD 1 Quarter
Operating Income OperatingIncomeLoss $96.80M USD 1 Quarter
Interest expense InterestExpenseOther $23.72M USD 1 Quarter
Interest expense InterestExpenseOther $23.82M USD 1 Quarter
Interest income - affiliates InterestIncomeRelatedParty $7.00K USD 1 Quarter
Interest income - affiliates InterestIncomeRelatedParty $10.00K USD 1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC) PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions $5.34M USD 1 Quarter
Allowance for equity and borrowed funds used during construction (AFUDC) PublicUtilitiesAllowanceForFundsUsedDuringConstructionAdditions $3.51M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $1.54M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $1.32M USD 1 Quarter
Miscellaneous other (income) deductions, net OtherNonoperatingIncomeExpense $-11.00K USD 1 Quarter
Miscellaneous other (income) deductions, net OtherNonoperatingIncomeExpense $2.04M USD 1 Quarter
Total other (income) and other deductions NonoperatingIncomeExpense $-15.12M USD 1 Quarter
Total other (income) and other deductions NonoperatingIncomeExpense $-18.68M USD 1 Quarter
Net Income NetIncomeLoss $81.69M USD 1 Quarter
Net Income NetIncomeLoss $74.78M USD 1 Quarter
Equity interest in unrealized gain (loss) on interest rate hedge OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-25.00K USD 1 Quarter
Equity interest in unrealized gain (loss) on interest rate hedge OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $31.00K USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $81.72M USD 1 Quarter
Comprehensive Income ComprehensiveIncomeNetOfTax $74.76M USD 1 Quarter
Cash Flow Statement 66 line items
Line Item Tag Value Unit Period
Increase to property, plant and equipment PaymentsToAcquireOilAndGasPropertyAndEquipment $-85.71M USD 1 Quarter
Increase to property, plant and equipment PaymentsToAcquireOilAndGasPropertyAndEquipment $-80.36M USD 1 Quarter
Changes in related accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-1.09M USD 1 Quarter
Changes in related accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-18.75M USD 1 Quarter
Net Income NetIncomeLoss $81.69M USD 1 Quarter
Net Income NetIncomeLoss $74.78M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC* PaymentsToAcquirePropertyPlantAndEquipment $61.61M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC* PaymentsToAcquirePropertyPlantAndEquipment $84.63M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $66.10M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $64.32M USD 1 Quarter
Allowance for equity funds used during construction (Equity AFUDC) IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction $3.70M USD 1 Quarter
Allowance for equity funds used during construction (Equity AFUDC) IncreaseDecreaseInAllowanceForEquityFundsUsedDuringConstruction $2.41M USD 1 Quarter
Receivables - affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $-2.27M USD 1 Quarter
Receivables - affiliates IncreaseDecreaseInDueFromAffiliatesCurrent $-5.16M USD 1 Quarter
Receivables - others IncreaseDecreaseInOtherReceivables $-7.58M USD 1 Quarter
Receivables - others IncreaseDecreaseInOtherReceivables $3.53M USD 1 Quarter
Transportation and exchange gas receivable IncreaseDecreaseInTransportationAndExchangeGasReceivable $-2.54M USD 1 Quarter
Transportation and exchange gas receivable IncreaseDecreaseInTransportationAndExchangeGasReceivable $3.48M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $892.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-4.98M USD 1 Quarter
Payables - affiliates IncreaseDecreaseInDueToAffiliatesCurrent $6.10M USD 1 Quarter
Payables - affiliates IncreaseDecreaseInDueToAffiliatesCurrent $14.50M USD 1 Quarter
Payables - others IncreaseDecreaseInOtherAccountsPayable $7.53M USD 1 Quarter
Payables - others IncreaseDecreaseInOtherAccountsPayable $-24.14M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $5.87M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-7.87M USD 1 Quarter
Asset retirement obligation removal costs PaymentsForRemovalCosts $442.00K USD 1 Quarter
Asset retirement obligation removal costs PaymentsForRemovalCosts $7.87M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $3.72M USD 1 Quarter
Other, net OtherOperatingActivitiesCashFlowStatement $9.13M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $176.43M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $125.50M USD 1 Quarter
Cash distributions PaymentsOfDistributionsToAffiliates $54.26M USD 1 Quarter
Cash distributions PaymentsOfDistributionsToAffiliates $45.00M USD 1 Quarter
Cash contributions from parent ProceedsFromContributionsFromParent $34.00M USD 1 Quarter
Cash contributions from parent ProceedsFromContributionsFromParent $40.00M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-6.03M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-5.93M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-26.19M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-11.03M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC* PaymentsToAcquirePropertyPlantAndEquipment $61.61M USD 1 Quarter
Property, plant and equipment additions, net of equity AFUDC* PaymentsToAcquirePropertyPlantAndEquipment $84.63M USD 1 Quarter
Disposal of property, plant and equipment, net ProceedsFromSaleOfPropertyPlantAndEquipment $3.44M USD 1 Quarter
Disposal of property, plant and equipment, net ProceedsFromSaleOfPropertyPlantAndEquipment $-8.07M USD 1 Quarter
Advances to affiliates, net IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $72.06M USD 1 Quarter
Advances to affiliates, net IncreaseDecreaseInNotesReceivableRelatedPartiesCurrent $39.76M USD 1 Quarter
Purchase of long-term investments PaymentsToAcquireLongtermInvestments $5.91M USD 1 Quarter
Purchase of long-term investments PaymentsToAcquireLongtermInvestments $4.00M USD 1 Quarter
Purchase of ARO Trust investments PaymentsToInvestInDecommissioningFund $7.77M USD 1 Quarter
Purchase of ARO Trust investments PaymentsToInvestInDecommissioningFund $4.58M USD 1 Quarter
Proceeds from sale of ARO Trust investments ProceedsFromDecommissioningFund $7.84M USD 1 Quarter
Proceeds from sale of ARO Trust investments ProceedsFromDecommissioningFund $10.30M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-13.00K USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-1.96M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-165.44M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-99.37M USD 1 Quarter
Increase (decrease) in cash CashBalancePeriodIncreaseDecrease $-41.00K USD 1 Quarter
Increase (decrease) in cash CashBalancePeriodIncreaseDecrease $-62.00K USD 1 Quarter
Cash at beginning of period CashBalance $102.00K USD Point-in-time
Cash at beginning of period CashBalance $148.00K USD Point-in-time
Cash at beginning of period CashBalance $107.00K USD Point-in-time
Cash at beginning of period CashBalance $164.00K USD Point-in-time
Cash at end of period CashBalance $102.00K USD Point-in-time
Cash at end of period CashBalance $148.00K USD Point-in-time
Cash at end of period CashBalance $107.00K USD Point-in-time
Cash at end of period CashBalance $164.00K USD Point-in-time

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

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