NiSource Inc (NI) Financial Statements (2024 and earlier)

Company Profile

Business Address 801 EAST 86TH AVE
MERRILLVILLE, IN 46410-6272
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 4931 - Electric and Other Services Combined (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,2454184117139113
Cash and cash equivalents2,2454184117139113
Receivables8621,0428267918571,059
Inventory, net of allowances, customer advances and progress billings331601360260305322
Inventory331601360260305322
Deferred costs   9186  
Regulatory asset214233206136226235
Other current assets11921010586150130
Other undisclosed current assets728458249185178198
Total current assets:4,4992,5841,9211,6591,8542,055
Noncurrent Assets
Long-term investments and receivables247224260252230206
Long-term investments247224260252230206
Other noncurrent assets4,0564,0864,0953,5103,6644,000
Other undisclosed noncurrent assets22,27519,84317,88216,62016,91215,543
Total noncurrent assets:26,57824,15222,23620,38120,80619,749
TOTAL ASSETS:31,07726,73724,15722,04122,66021,804
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,2791,4521,2631,0801,1531,347
Interest and dividends payable✕✕✕1061059991
Taxes payable✕✕✕277244232223
Employee-related liabilities✕✕✕183142156150
Accounts payable749900698589666884
Accrued liabilities530552    
Deferred revenue294325238243 ✕
Debt3,0721,7926185261,7872,027
Derivative instruments and hedges, liabilities    78 5
Regulatory liability279237137161160141
Asset retirement obligation 73     
Other liabilities21736138211414459
Other undisclosed current liabilities5149510877502458
Total current liabilities:5,2654,6612,7462,2793,7464,037
Noncurrent Liabilities
Long-term debt and lease obligation 182145158172240 
Finance lease, liability 182145158172188✕
Liabilities, other than long-term debt4,6204,6514,9544,7043,5864,911
Accounts payable and accrued liabilities    858284
Accumulated deferred investment tax credit     1011
Asset retirement obligations481478470477417352
Deferred tax liabilities, net✕✕✕✕✕✕1,331
Deferred income tax liabilities2,0801,8551,6591,471 ✕
Liability, pension and other postretirement and postemployment benefits250246293336373389
Regulatory liability1,5111,7761,8431,9042,3522,519
Other liabilities299297690286219178
Operating lease, liability     52✕
Derivative instruments and hedges, liabilities    14513447
Other undisclosed noncurrent liabilities (182)(145)(158)(172)1,246 
Total noncurrent liabilities:4,6204,6514,9544,7045,0714,911
Other undisclosed liabilities9,6969,5249,1839,220  
Total liabilities:19,58118,83516,88416,2038,8178,948
Temporary equity, carrying amount 1,360     
Equity
Equity, attributable to parent, including:8,2707,5756,9475,7525,9875,751
Common stock544444
Treasury stock, value(100)(100)(100)(100)(100)(100)
Additional paid in capital8,8807,3757,2046,8906,6666,404
Accumulated other comprehensive loss(34)(37)(127)(157)(93)(37)
Accumulated deficit(967)(1,214)(1,581)(1,765)(1,371)(1,399)
Other undisclosed equity, attributable to parent 4861,5471,547880880880
Equity, attributable to noncontrolling interest1,86732632686  
Total equity:10,1367,9027,2735,8385,9875,751
Other undisclosed liabilities and equity     7,8567,105
TOTAL LIABILITIES AND EQUITY:31,07726,73724,15722,04122,66021,804

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues5,3485,7394,7314,4735,0534,991
Cost of revenue(40)(36)(7)(55)(1,535)(1,761)
Cost of goods and services sold      
Provision for loan, lease, and other losses (40)(36)(7)(55)  
Other undisclosed gross profit     1,6901,885
Gross profit:5,3085,7034,7244,4195,2095,115
Operating expenses(4,210)(4,585)(3,893)(4,131)(4,318)(4,990)
Other undisclosed operating income (loss)197148176263  
Operating income:1,2961,2661,007551891125
Nonoperating expense(482)(309)(300)(582)(384)(355)
Other nonoperating income (expense)8524132(5)44
Interest and debt expense(490)(362)(341)(614)(379)(46)
Income (loss) from continuing operations before income taxes:324595366(646)128(276)
Income tax expense (benefit)(140)(165)(118)17(124)180
Income (loss) from continuing operations:185430248(628)4(96)
Income (loss) before gain (loss) on sale of properties:✕✕✕248(628)4(96)
Other undisclosed net income49036234161437946
Net income (loss):674792589(14)383(51)
Net income (loss) attributable to noncontrolling interest 12(4)(3)  
Other undisclosed net income attributable to parent40     
Net income (loss) attributable to parent:714804585(18)383(51)
Preferred stock dividends and other adjustments(53)(55)(55)(55)(55)(15)
Net income (loss) available to common stockholders, basic:662749530(73)328(66)
Dilutive securities, effect on basic earnings per share122   
Other undisclosed net loss available to common stockholders, diluted(1)     
Net income (loss) available to common stockholders, diluted:663751531(73)328(66)

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):674792589(14)383(51)
Other comprehensive income (loss)49030(64)(55)16
Comprehensive income (loss):678882619(78)328(35)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest 12(4)(3)  
Other undisclosed comprehensive income, net of tax, attributable to parent      
Comprehensive income (loss), net of tax, attributable to parent:678894615(82)328(35)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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