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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments841171391132926
Cash and cash equivalents841171391132926
Receivables8267918571,059899847
Inventory, net of allowances, customer advances and progress billings360260305322365393
Inventory360260305322365393
Deferred costs9186    
Regulatory current assets206136226235176249
Other current assets10586150130133131
Other undisclosed current assets249185178198161117
Total current assets:1,9211,6591,8542,0551,7631,762
Noncurrent Assets
Long-term investments and receivables260252230206210200
Long-term investments260252230206210200
Other noncurrent assets4,0953,5103,6644,0003,6293,662
Other undisclosed noncurrent assets17,88216,62016,91215,54314,36013,068
Total noncurrent assets:22,23620,38120,80619,74918,19816,930
TOTAL ASSETS:24,15722,04122,66021,80419,96218,692
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,2631,0801,1531,3471,1411,017
Accounts payable698589666884626539
Employee-related liabilities183142156150195161
Taxes payable277244232223208195
Interest and dividends payable1061059991112120
Deferred revenue238243 
Debt6185261,7872,0271,4901,851
Derivative instruments and hedges, liabilities 78 543 
Regulatory liability13716116014159117
Customer advances and deposits263264
Other liabilities382114144599183
Other undisclosed current liabilities1087750245892121
Total current liabilities:2,7462,2793,7464,0373,1783,452
Noncurrent Liabilities
Long-term debt and lease obligation158172240   
Finance lease, liability158172188
Operating lease, liability  52
Liabilities, other than long-term debt4,9544,7043,5864,9114,9515,110
Deferred revenue and credits1213
Accounts payable and accrued liabilities 8582848083
Accumulated deferred investment tax credit  1011
Asset retirement obligations470477417352269263
Deferred tax liabilities, net1,3311,2932,528
Deferred income tax liabilities1,6591,471 
Liability, pension and other postretirement and postemployment benefits293336373389337713
Regulatory liability1,8431,9042,3522,5192,7371,265
Other liabilities690286219178194201
Derivative instruments and hedges, liabilities 145134472945
Other undisclosed noncurrent liabilities(158)(172)1,246   
Total noncurrent liabilities:4,9544,7045,0714,9114,9515,110
Other undisclosed liabilities9,1839,220    
Total liabilities:16,88416,2038,8178,9488,1298,563
Stockholders' equity
Stockholders' equity attributable to parent, including:6,9475,7525,9875,7514,3204,071
Common stock444433
Treasury stock, value(100)(100)(100)(100)(96)(89)
Additional paid in capital7,2046,8906,6666,4045,5295,154
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 parent1,547880880880  
Stockholders' equity attributable to noncontrolling interest32686    
Total stockholders' equity:7,2735,8385,9875,7514,3204,071
Other undisclosed liabilities and equity  7,8567,1057,5126,058
TOTAL LIABILITIES AND EQUITY:24,15722,04122,66021,80419,96218,692

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues4,7314,4735,0534,9914,8754,493
Revenue, net4,8754,493
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  1,6901,8851,519 
Gross profit:4,7244,4195,2095,1154,8753,102
Operating expenses(3,893)(4,131)(4,318)(4,990)(3,964)(2,244)
Other undisclosed operating income176263    
Operating income:1,007551891125911858
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)332161
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 income34161437946111356
Net income (loss):589(14)383(51)129332
Net loss attributable to noncontrolling interest(4)(3)    
Net income (loss) attributable to parent:585(18)383(51)129332
Preferred stock dividends and other adjustments(55)(55)(55)(15)  
Net income (loss) available to common stockholders, basic:530(73)328(66)129332
Dilutive securities, effect on basic earnings per share2     
Net income (loss) available to common stockholders, diluted:531(73)328(66)129332

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):589(14)383(51)129332
Other comprehensive income (loss)30(64)(55)16(18)10
Comprehensive income (loss):619(78)328(35)110342
Comprehensive loss, net of tax, attributable to noncontrolling interest(4)(3)    
Comprehensive income (loss), net of tax, attributable to parent:615(82)328(35)110342

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.

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