NiSource Inc (NI) financial statements (2023 and earlier)
Company profile
Business Address |
801 EAST 86TH AVE MERRILLVILLE, IN 46410-6272 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
SIC | 4931 - Electric and Other Services Combined (benchmarking) |
More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
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ASSETS | ||||||||
Current Assets | ||||||||
Cash, cash equivalents, and short-term investments | 84 | 117 | 139 | 113 | 29 | 26 | ||
Cash and cash equivalents | 84 | 117 | 139 | 113 | 29 | 26 | ||
Receivables | 826 | 791 | 857 | 1,059 | 899 | 847 | ||
Inventory, net of allowances, customer advances and progress billings | 360 | 260 | 305 | 322 | 365 | 393 | ||
Inventory | 360 | 260 | 305 | 322 | 365 | 393 | ||
Deferred costs | 91 | 86 | ||||||
Regulatory current assets | 206 | 136 | 226 | 235 | 176 | 249 | ||
Other current assets | 105 | 86 | 150 | 130 | 133 | 131 | ||
Other undisclosed current assets | 249 | 185 | 178 | 198 | 161 | 117 | ||
Total current assets: | 1,921 | 1,659 | 1,854 | 2,055 | 1,763 | 1,762 | ||
Noncurrent Assets | ||||||||
Long-term investments and receivables | 260 | 252 | 230 | 206 | 210 | 200 | ||
Long-term investments | 260 | 252 | 230 | 206 | 210 | 200 | ||
Other noncurrent assets | 4,095 | 3,510 | 3,664 | 4,000 | 3,629 | 3,662 | ||
Other undisclosed noncurrent assets | 17,882 | 16,620 | 16,912 | 15,543 | 14,360 | 13,068 | ||
Total noncurrent assets: | 22,236 | 20,381 | 20,806 | 19,749 | 18,198 | 16,930 | ||
TOTAL ASSETS: | 24,157 | 22,041 | 22,660 | 21,804 | 19,962 | 18,692 | ||
LIABILITIES AND EQUITY | ||||||||
Liabilities | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | 1,263 | 1,080 | 1,153 | 1,347 | 1,141 | 1,017 | ||
Accounts payable | 698 | 589 | 666 | 884 | 626 | 539 | ||
Employee-related liabilities | 183 | 142 | 156 | 150 | 195 | 161 | ||
Taxes payable | 277 | 244 | 232 | 223 | 208 | 195 | ||
Interest and dividends payable | 106 | 105 | 99 | 91 | 112 | 120 | ||
Deferred revenue | 238 | 243 | ✕ | ✕ | ✕ | |||
Debt | 618 | 526 | 1,787 | 2,027 | 1,490 | 1,851 | ||
Derivative instruments and hedges, liabilities | 78 | 5 | 43 | |||||
Regulatory liability | 137 | 161 | 160 | 141 | 59 | 117 | ||
Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 263 | 264 | ||
Other liabilities | 382 | 114 | 144 | 59 | 91 | 83 | ||
Other undisclosed current liabilities | 108 | 77 | 502 | 458 | 92 | 121 | ||
Total current liabilities: | 2,746 | 2,279 | 3,746 | 4,037 | 3,178 | 3,452 | ||
Noncurrent Liabilities | ||||||||
Long-term debt and lease obligation | 158 | 172 | 240 | |||||
Finance lease, liability | 158 | 172 | 188 | ✕ | ✕ | ✕ | ||
Operating lease, liability | 52 | ✕ | ✕ | ✕ | ||||
Liabilities, other than long-term debt | 4,954 | 4,704 | 3,586 | 4,911 | 4,951 | 5,110 | ||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 12 | 13 | ||
Accounts payable and accrued liabilities | 85 | 82 | 84 | 80 | 83 | |||
Accumulated deferred investment tax credit | 10 | 11 | ✕ | ✕ | ||||
Asset retirement obligations | 470 | 477 | 417 | 352 | 269 | 263 | ||
Deferred tax liabilities, net | ✕ | ✕ | ✕ | 1,331 | 1,293 | 2,528 | ||
Deferred income tax liabilities | 1,659 | 1,471 | ✕ | ✕ | ✕ | |||
Liability, pension and other postretirement and postemployment benefits | 293 | 336 | 373 | 389 | 337 | 713 | ||
Regulatory liability | 1,843 | 1,904 | 2,352 | 2,519 | 2,737 | 1,265 | ||
Other liabilities | 690 | 286 | 219 | 178 | 194 | 201 | ||
Derivative instruments and hedges, liabilities | 145 | 134 | 47 | 29 | 45 | |||
Other undisclosed noncurrent liabilities | (158) | (172) | 1,246 | |||||
Total noncurrent liabilities: | 4,954 | 4,704 | 5,071 | 4,911 | 4,951 | 5,110 | ||
Other undisclosed liabilities | 9,183 | 9,220 | ||||||
Total liabilities: | 16,884 | 16,203 | 8,817 | 8,948 | 8,129 | 8,563 | ||
Stockholders' equity | ||||||||
Stockholders' equity attributable to parent, including: | 6,947 | 5,752 | 5,987 | 5,751 | 4,320 | 4,071 | ||
Common stock | 4 | 4 | 4 | 4 | 3 | 3 | ||
Treasury stock, value | (100) | (100) | (100) | (100) | (96) | (89) | ||
Additional paid in capital | 7,204 | 6,890 | 6,666 | 6,404 | 5,529 | 5,154 | ||
Accumulated other comprehensive loss | (127) | (157) | (93) | (37) | (43) | (25) | ||
Accumulated deficit | (1,581) | (1,765) | (1,371) | (1,399) | (1,073) | (972) | ||
Other undisclosed stockholders' equity attributable to parent | 1,547 | 880 | 880 | 880 | ||||
Stockholders' equity attributable to noncontrolling interest | 326 | 86 | ||||||
Total stockholders' equity: | 7,273 | 5,838 | 5,987 | 5,751 | 4,320 | 4,071 | ||
Other undisclosed liabilities and equity | 7,856 | 7,105 | 7,512 | 6,058 | ||||
TOTAL LIABILITIES AND EQUITY: | 24,157 | 22,041 | 22,660 | 21,804 | 19,962 | 18,692 |
Income statement (P&L) ($ in millions)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
---|---|---|---|---|---|---|---|
Revenues | 4,731 | 4,473 | 5,053 | 4,991 | 4,875 | 4,493 | |
Revenue, net | ✕ | ✕ | ✕ | ✕ | 4,875 | 4,493 | |
Cost of revenue | (7) | (55) | (1,535) | (1,761) | (1,519) | (1,390) | |
Provision for loan, lease, and other losses | (7) | (55) | ✕ | ✕ | |||
Other undisclosed gross profit | 1,690 | 1,885 | 1,519 | ||||
Gross profit: | 4,724 | 4,419 | 5,209 | 5,115 | 4,875 | 3,102 | |
Operating expenses | (3,893) | (4,131) | (4,318) | (4,990) | (3,964) | (2,244) | |
Other undisclosed operating income | 176 | 263 | |||||
Operating income: | 1,007 | 551 | 891 | 125 | 911 | 858 | |
Nonoperating expense | (300) | (582) | (384) | (355) | (468) | (348) | |
Interest and debt expense | (341) | (614) | (379) | (46) | (112) | (350) | |
Income (loss) from continuing operations before income taxes: | 366 | (646) | 128 | (276) | 332 | 161 | |
Income tax expense (benefit) | (118) | 17 | (124) | 180 | (315) | (182) | |
Income (loss) from continuing operations: | 248 | (628) | 4 | (96) | 17 | (21) | |
Income (loss) from discontinued operations | 0 | (3) | |||||
Income (loss) before gain (loss) on sale of properties: | 248 | (628) | 4 | (96) | 17 | (25) | |
Other undisclosed net income | 341 | 614 | 379 | 46 | 111 | 356 | |
Net income (loss): | 589 | (14) | 383 | (51) | 129 | 332 | |
Net loss attributable to noncontrolling interest | (4) | (3) | |||||
Net income (loss) attributable to parent: | 585 | (18) | 383 | (51) | 129 | 332 | |
Preferred stock dividends and other adjustments | (55) | (55) | (55) | (15) | |||
Net income (loss) available to common stockholders, basic: | 530 | (73) | 328 | (66) | 129 | 332 | |
Dilutive securities, effect on basic earnings per share | 2 | ||||||
Net income (loss) available to common stockholders, diluted: | 531 | (73) | 328 | (66) | 129 | 332 |
Comprehensive Income ($ in millions)
12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
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Net income (loss): | 589 | (14) | 383 | (51) | 129 | 332 | |
Other comprehensive income (loss) | 30 | (64) | (55) | 16 | (18) | 10 | |
Comprehensive income (loss): | 619 | (78) | 328 | (35) | 110 | 342 | |
Comprehensive loss, net of tax, attributable to noncontrolling interest | (4) | (3) | |||||
Comprehensive income (loss), net of tax, attributable to parent: | 615 | (82) | 328 | (35) | 110 | 342 |
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.