COLUMBIA PIPELINE GROUP, INC. (CPGX) financial statements (2020 and earlier)
Company profile
| Business Address |
5151 SAN FELIPE ST. HOUSTON, TX 77056 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 4922 - Natural Gas Transmission (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 80 | 931 | ||
| Cash and cash equivalents | 80 | 931 | ||
| Receivables | 250 | 152 | ||
| Other current assets | 29 | 49 | ||
| Other undisclosed current assets | 115 | 104 | ||
| Total current assets: | 474 | 1,236 | ||
| Noncurrent Assets | ||||
| Long-term investments and receivables | 448 | 452 | ||
| Long-term investments | 448 | 452 | ||
| Other noncurrent assets | 2,282 | 2,305 | ||
| Other undisclosed noncurrent assets | 7,335 | 6,064 | ||
| Total noncurrent assets: | 10,064 | 8,821 | ||
| TOTAL ASSETS: | 10,538 | 10,056 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 259 | 224 | ||
| Accounts payable | 70 | 57 | ||
| Employee-related liabilities | 62 | 52 | ||
| Taxes payable | 117 | 106 | ||
| Interest and dividends payable | 9 | 10 | ||
| Debt | 15 | |||
| Due to related parties | 4 | |||
| Deferred revenue and credits | 4 | 15 | ||
| Customer advances and deposits | 17 | 18 | ||
| Other liabilities | 110 | 70 | ||
| Other undisclosed current liabilities | 139 | 119 | ||
| Total current liabilities: | 533 | 461 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation, including: | 2,729 | 2,746 | ||
| Other undisclosed long-term debt and lease obligation | 2,729 | 2,746 | ||
| Liabilities, other than long-term debt | 386 | 1,836 | ||
| Asset retirement obligations | 21 | 26 | ||
| Deferred tax liabilities, net | 1,348 | |||
| Liability, pension and other postretirement and postemployment benefits | 32 | 49 | ||
| Regulatory liability | 274 | 322 | ||
| Other liabilities | 60 | 91 | ||
| Other undisclosed noncurrent liabilities | 1,500 | |||
| Total noncurrent liabilities: | 4,615 | 4,582 | ||
| Total liabilities: | 5,148 | 5,043 | ||
| Temporary equity, carrying amount | 953 | |||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent | 4,437 | 4,057 | ||
| Common stock | 0 | 4 | ||
| Additional paid in capital | 4,514 | 4,033 | ||
| Accumulated other comprehensive loss | (24) | (27) | ||
| Retained earnings (accumulated deficit) | (54) | 47 | ||
| Stockholders' equity attributable to noncontrolling interest | 956 | |||
| Total stockholders' equity: | 4,437 | 5,013 | ||
| TOTAL LIABILITIES AND EQUITY: | 10,538 | 10,056 | ||
Income statement (P&L) ($ in millions)
| 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|
| Revenue, net | 1,186 | 1,090 | |
| Gross profit: | 1,382 | 1,335 | |
| Operating expenses | (1,129) | (867) | |
| Other undisclosed operating income | 64 | 61 | |
| Operating income: | 318 | 528 | |
| Nonoperating expense | (86) | (68) | |
| Other nonoperating income | 35 | 29 | |
| Interest and debt expense | (119) | (68) | |
| Income from continuing operations before equity method investments, income taxes: | 112 | 393 | |
| Other undisclosed income from continuing operations before income taxes | 119 | 68 | |
| Income from continuing operations before income taxes: | 232 | 461 | |
| Income tax expense | (78) | (153) | |
| Net income: | 154 | 308 | |
| Other undisclosed net loss attributable to parent | (37) | (40) | |
| Net income available to common stockholders, diluted: | 117 | 267 | |
Comprehensive Income ($ in millions)
| 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|
| Net income: | 154 | 308 | |
| Other comprehensive income | 3 | 5 | |
| Other undisclosed comprehensive income (loss) | 0 | (0) | |
| Comprehensive income: | 157 | 313 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (37) | (40) | |
| Comprehensive income, net of tax, attributable to parent: | 120 | 273 | |
Statements sources
The financial statements are based on the company's filings with the 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.