v3.24.2.u1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Jun. 30, 2023
Current assets:      
Cash and cash equivalents $ 65,192 $ 32,920 $ 137,759
Accounts receivable 61,821 121,341 73,930
Accrued unbilled revenue 22,863 83,138 21,924
Allowance for uncollectible accounts (3,758) (3,455) (3,297)
Regulatory assets 124,102 178,270 111,819
Derivative instruments 8,033 11,380 12,423
Inventories 107,332 112,571 67,502
Other current assets 37,535 65,275 35,797
Total current assets 423,120 601,440 457,857
Non-current assets:      
Property, plant, and equipment 4,764,593 4,556,609 4,391,993
Less: Accumulated depreciation 1,234,148 1,198,555 1,181,230
Total property, plant, and equipment, net 3,530,445 3,358,054 3,210,763
Regulatory assets 308,521 333,443 307,999
Derivative instruments 2,985 431 2,118
Other investments 83,795 102,951 104,330
Operating lease right of use asset, net 69,813 71,308 72,096
Assets under sales-type leases 127,794 129,882 132,045
Goodwill 163,166 163,344 152,670
Other non-current assets 112,727 106,239 96,827
Total non-current assets 4,399,246 4,265,652 4,078,848
Total assets 4,822,366 4,867,092 4,536,705
Current liabilities:      
Short-term debt 79,000 89,780 41,000
Current maturities of long-term debt 866 150,865 240,714
Accounts payable 93,564 145,361 101,369
Taxes accrued 11,302 15,454 12,217
Interest accrued 18,130 15,836 11,443
Regulatory liabilities 99,663 84,962 61,546
Derivative instruments 52,048 98,661 42,135
Operating lease liabilities 1,851 2,333 1,732
Other current liabilities 79,116 93,626 58,777
Total current liabilities 435,540 696,878 570,933
Long-term debt 1,574,751 1,425,435 1,294,578
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 394,489 382,673 380,058
Regulatory liabilities 705,929 695,896 672,215
Pension and other postretirement benefit liabilities 153,849 158,116 147,063
Derivative instruments 11,988 28,055 25,212
Operating lease liabilities 76,692 77,167 77,951
Other non-current liabilities 122,412 119,034 128,417
Total deferred credits and other non-current liabilities 1,465,359 1,460,941 1,430,916
Commitments and contingencies (Note 16)
Equity:      
Common stock $ 929,498 $ 890,976 $ 831,135
Shares Authorized (in shares) 100,000,000 100,000,000 100,000,000
Shares outstanding (in shares) 38,669,098 37,631,212 36,064,625
Shares issued (in shares) 38,669,098 37,631,212 36,064,625
Par Value (in dollars per share) $ 0 $ 0 $ 0
Retained earnings $ 423,718 $ 399,911 $ 414,398
Accumulated other comprehensive loss (6,500) (7,049) (5,255)
Total equity 1,346,716 1,283,838 1,240,278
Total liabilities and equity 4,822,366 4,867,092 4,536,705
Northwest Natural Gas Company [Member]      
Current assets:      
Cash and cash equivalents 19,189 19,841 131,778
Accounts receivable 57,227 117,216 67,454
Accrued unbilled revenue 20,823 81,524 19,669
Other Receivables, Net, Current 429 824 529
Allowance for uncollectible accounts (3,523) (3,228) (3,080)
Regulatory assets 124,078 178,270 111,819
Derivative instruments 7,624 11,184 11,691
Inventories 105,599 110,855 65,949
Other current assets 36,445 60,138 35,006
Total current assets 367,891 576,624 440,815
Non-current assets:      
Property, plant, and equipment 4,581,003 4,393,759 4,261,100
Less: Accumulated depreciation 1,213,169 1,181,962 1,168,270
Total property, plant, and equipment, net 3,367,834 3,211,797 3,092,830
Regulatory assets 308,415 333,418 307,974
Derivative instruments 2,588 373 1,551
Other investments 65,865 86,145 87,848
Operating lease right of use asset, net 69,317 70,728 71,508
Assets under sales-type leases 127,794 129,882 132,045
Other non-current assets 109,009 102,410 95,343
Total non-current assets 4,050,822 3,934,753 3,789,099
Total assets 4,418,713 4,511,377 4,229,914
Current liabilities:      
Short-term debt 0 16,780 0
Current maturities of long-term debt 0 0 89,982
Accounts payable 86,528 138,111 95,674
Accounts Payable, Other, Current 7,963 14,850 5,072
Taxes accrued 9,906 15,293 10,000
Interest accrued 15,108 15,111 10,964
Regulatory liabilities 99,545 84,912 61,496
Derivative instruments 52,048 98,661 42,135
Operating lease liabilities 1,691 2,128 1,598
Other current liabilities 75,018 89,371 55,841
Total current liabilities 347,807 475,217 372,762
Long-term debt 1,365,066 1,364,732 1,234,577
Deferred credits and other non-current liabilities:      
Deferred tax liabilities 382,177 371,867 371,762
Regulatory liabilities 704,980 694,947 671,263
Pension and other postretirement benefit liabilities 153,848 158,116 147,063
Derivative instruments 11,988 28,055 25,212
Operating lease liabilities 76,355 76,757 77,490
Other non-current liabilities 112,158 109,066 119,489
Total deferred credits and other non-current liabilities 1,441,506 1,438,808 1,412,279
Commitments and contingencies (Note 16)
Equity:      
Common stock 644,903 644,903 614,903
Retained earnings 626,523 594,954 601,602
Accumulated other comprehensive loss (7,092) (7,237) (6,209)
Total equity 1,264,334 1,232,620 1,210,296
Total liabilities and equity $ 4,418,713 $ 4,511,377 $ 4,229,914
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration] Affiliated Entity [Member] Affiliated Entity [Member] Affiliated Entity [Member]
Accounts Payable, Related Party, Type [Extensible Enumeration] Affiliated Entity [Member] Affiliated Entity [Member] Affiliated Entity [Member]