CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Millions |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2025 |
Sep. 30, 2024 |
Sep. 30, 2025 |
Sep. 30, 2024 |
|
| Operating Revenues: | ||||
| Transportation | $ 347.8 | $ 315.1 | $ 1,087.4 | $ 983.6 |
| Storage, parking and lending | 56.9 | 54.1 | 171.2 | 157.2 |
| Product sales | 117.3 | 84.3 | 377.7 | 263.1 |
| Other | 18.9 | 20.0 | 57.2 | 57.6 |
| Total operating revenues | 540.9 | 473.5 | 1,693.5 | 1,461.5 |
| Operating Costs and Expenses: | ||||
| Costs associated with service revenues | 8.4 | 6.4 | 23.6 | 20.2 |
| Costs associated with product sales | 101.9 | 62.7 | 320.4 | 205.4 |
| Operation and maintenance | 79.7 | 78.2 | 212.9 | 216.2 |
| Administrative and general | 50.4 | 45.6 | 145.2 | 137.8 |
| Depreciation and amortization | 106.2 | 105.7 | 330.6 | 317.7 |
| Loss (gain) on sale of assets, impairments and other | 0.2 | 1.2 | (0.7) | (6.5) |
| Taxes other than income taxes | 32.6 | 30.2 | 98.2 | 90.6 |
| Total operating costs and expenses | 379.4 | 330.0 | 1,130.2 | 981.4 |
| Operating income | 161.5 | 143.5 | 563.3 | 480.1 |
| Other Deductions (Income): | ||||
| Interest expense | 39.5 | 46.8 | 118.8 | 137.0 |
| Interest income | (4.0) | (9.7) | (8.0) | (22.2) |
| Miscellaneous other income, net | (1.0) | (0.4) | (2.8) | (4.3) |
| Total other deductions | 34.5 | 36.7 | 108.0 | 110.5 |
| Income before income taxes | 127.0 | 106.8 | 455.3 | 369.6 |
| Income taxes | 0.2 | 0.2 | 1.0 | 0.8 |
| Net income | $ 126.8 | $ 106.6 | $ 454.3 | $ 368.8 |
| X | ||||||||||
- Definition Product costs incurred for natural gas or NGL product sold to customers during the reporting period. No definition available.
|
| X | ||||||||||
- Definition Cost of goods purchased or services received to provide transportation and storage services other than product sales. No definition available.
|
| X | ||||||||||
- Definition Amount of gain (loss) from the difference between the sale price or salvage price and the book value of an asset that was sold, impairment charges from the write down of assets from their carrying value to fair value and other. No definition available.
|
| X | ||||||||||
- Definition Operating revenue other than transportation, storage, parking and lending, and product sales. No definition available.
|
| X | ||||||||||
- Definition Product sales revenue related to the sales of natural gas or NGLs to customers. No definition available.
|
| X | ||||||||||
- Definition Revenue related to providing storage, parking and lending services to customers. No definition available.
|
| X | ||||||||||
- Definition Revenue related to providing transportation services to natural gas and natural gas liquids customers No definition available.
|
| X | ||||||||||
- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition All taxes not related to income of the entity or excise or sales taxes levied on the revenue of the entity that are not reported elsewhere. These taxes could include production, real estate, personal property, and pump tax. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount of operating expense for routine plant maintenance, repairs and operations of regulated operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|