v3.25.2
Statements of Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Property, Plant and Equipment    
Plant $ 36,448.3 $ 34,152.9
Accumulated depreciation and amortization (8,996.8) (8,699.0)
Net Property, Plant and Equipment [1] 27,451.5 25,453.9
Investments and Other Assets    
Unconsolidated affiliates 7.8 6.5
Available-for-sale debt securities (amortized cost of $147.9 and $91.9, allowance for credit losses of $0.1 and $0.1, respectively) 144.9 86.7
Other investments 107.0 85.5
Total Investments and Other Assets 259.7 178.7
Current Assets    
Cash and cash equivalents 335.4 156.6
Restricted Cash 30.2 42.0
Accounts receivable 805.9 987.9
Allowance for credit losses (27.3) (23.7)
Accounts receivable, net 778.6 964.2
Gas storage 148.2 179.6
Materials and supplies, at average cost 187.7 173.3
Electric production fuel, at average cost 32.1 36.2
Exchange gas receivable 33.0 45.7
Regulatory assets 287.1 319.9
Prepayments and other 23.0 24.2
Total Current Assets [1] 1,998.8 2,080.2
Other Assets    
Regulatory assets 2,178.4 2,157.4
Goodwill 1,485.9 1,485.9
Deferred charges and other 654.6 432.0
Total Other Assets 4,318.9 4,075.3
Total Assets 34,028.9 31,788.1
Stockholders' Equity    
Common stock - $0.01 par value,750,000,000 shares authorized; 470,784,423 and 469,822,472 shares outstanding, respectively 4.7 4.7
Treasury stock (99.9) (99.9)
Additional paid-in capital 9,538.0 9,521.5
Retained deficit (532.1) (711.7)
Accumulated other comprehensive loss (28.2) (30.4)
Total NiSource Stockholders’ Equity 8,882.5 8,684.2
Noncontrolling interest in consolidated subsidiaries 2,114.4 1,984.1
Total Stockholders’ Equity 10,996.9 10,668.3
Long-term debt, excluding amounts due within one year 14,473.8 12,074.5
Total Capitalization 25,470.7 22,742.8
Current Liabilities    
Current portion of long-term debt 1,282.2 1,281.2
Short-term borrowings 0.0 604.6
Accounts payable 683.9 863.1
Dividends payable - common stock 135.1 0.0
Customer deposits and credits 159.9 268.8
Taxes accrued 172.4 173.4
Interest accrued 177.8 157.0
Exchange gas payable 80.7 91.8
Regulatory liabilities 194.9 150.5
Asset Retirement Obligation 58.2 84.6
Accrued compensation and employee benefits 161.3 268.2
Other accruals 305.9 170.2
Total Current Liabilities [2] 3,412.3 4,113.4
Other Liabilities    
Deferred income taxes 2,387.2 2,281.6
Accrued liability for postretirement and postemployment benefits 200.5 207.5
Regulatory liabilities 1,459.0 1,431.2
Asset retirement obligations 754.8 698.6
Other noncurrent liabilities 344.4 313.0
Total Other Liabilities [2] 5,145.9 4,931.9
Total Capitalization and Liabilities $ 34,028.9 $ 31,788.1
Common Stock, Shares Authorized 750,000,000 750,000,000
Common Stock, No Par Value $ 0.01 $ 0.01
Prepaid Expense, Current $ 143.5 $ 138.5
Joint Ventures    
Property, Plant and Equipment    
Net Property, Plant and Equipment 1,295.7  
Current Assets    
Total Current Assets 60.9 65.0
Current Liabilities    
Total Current Liabilities 53.9 53.7
Other Liabilities    
Total Other Liabilities $ 54.4 $ 58.3
[1] Includes $1,295.7 million and $1,323.8 million at June 30, 2025 and December 31, 2024, respectively, of net property, plant and equipment assets and $60.9 million and $65.0 million at June 30, 2025 and December 31, 2024, respectively, of current assets of consolidated VIEs that may be used only to settle obligations of the consolidated VIEs. Refer to Note 4, "Noncontrolling Interests," for additional information.
[2] Includes $53.9 million and $53.7 million at June 30, 2025 and December 31, 2024, respectively, of current liabilities and $54.4 million and $58.3 million at June 30, 2025 and December 31, 2024, respectively, of other liabilities, and finance leases of $40.2 million and $40.4 million at June 30, 2025 and December 31, 2024 respectively, of consolidated VIEs that creditors do not have recourse to our general credit. Refer to Note 4, "Noncontrolling Interests," for additional information.