2014 Q3 Form 10-K Financial Statement

#000035630915000097 Filed on November 24, 2015

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q2 2014 Q1
Revenue $591.9M $688.3M $1.580B
YoY Change -19.32% -10.32% 64.39%
Cost Of Revenue $529.9M $639.1M $1.196B
YoY Change -23.82% -1.56% 49.36%
Gross Profit $62.00M $49.20M $383.8M
YoY Change 62.73% -58.41% 139.43%
Gross Profit Margin 10.47% 7.15% 24.3%
Selling, General & Admin $4.800M $9.300M $38.20M
YoY Change 9.09% 47.62% 60.5%
% of Gross Profit 7.74% 18.9% 9.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.70M $13.60M $12.80M
YoY Change 11.38% 13.33% 9.4%
% of Gross Profit 22.1% 27.64% 3.34%
Operating Expenses $90.90M $717.5M $1.333B
YoY Change 29.86% -0.42% 47.42%
Operating Profit -$28.84M -$29.21M $247.0M
YoY Change -9.68% -162.14% 333.59%
Interest Expense -$5.900M $6.507M $6.306M
YoY Change -4.84% 8.31% 9.75%
% of Operating Profit 2.55%
Other Income/Expense, Net -$5.700M $10.70M $700.0K
YoY Change -2000.0% 970.0% -75.0%
Pretax Income -$40.40M -$24.76M $241.4M
YoY Change 6.88% -158.64% 347.04%
Income Tax -$13.50M -$7.808M $71.68M
% Of Pretax Income 29.69%
Net Earnings -$24.42M -$14.27M $173.0M
YoY Change 21.97% -148.96% 280.42%
Net Earnings / Revenue -4.13% -2.07% 10.95%
Basic Earnings Per Share -$0.29 -$0.17 $2.06
Diluted Earnings Per Share -$0.29 -$0.17 $2.04
COMMON SHARES
Basic Shares Outstanding 42.21M shares 84.23M shares 84.16M shares
Diluted Shares Outstanding 84.23M shares 84.91M shares

Balance Sheet

Concept 2014 Q3 2014 Q2 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.200M $3.300M $9.600M
YoY Change -26.67% 73.68% 60.0%
Cash & Equivalents $2.151M $3.320M $9.554M
Short-Term Investments
Other Short-Term Assets $25.91M $29.90M $25.60M
YoY Change 23.66% 68.42% 20.67%
Inventory $285.7M $228.8M $149.9M
Prepaid Expenses
Receivables $184.6M $270.8M $482.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $682.7M $695.5M $836.1M
YoY Change -8.47% -7.31% 9.64%
LONG-TERM ASSETS
Property, Plant & Equipment $1.884B $1.818B $1.738B
YoY Change 14.67% 14.66% 12.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $153.0M $152.5M $152.3M
YoY Change 0.14% -1.37% -1.79%
Other Assets $45.05M $53.96M $49.76M
YoY Change 4.95% 78.46% 65.26%
Total Long-Term Assets $592.0M $592.8M $586.7M
YoY Change -3.87% -9.59% -7.9%
TOTAL ASSETS
Total Short-Term Assets $682.7M $695.5M $836.1M
Total Long-Term Assets $592.0M $592.8M $586.7M
Total Assets $3.125B $3.106B $3.161B
YoY Change 4.01% 3.83% 7.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $104.0M $82.33M $65.26M
YoY Change 72.36% 63.37% 23.44%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $301.0M $174.5M $63.20M
YoY Change -17.67% -41.23% -78.06%
Long-Term Debt Due $34.50M $9.500M $21.50M
YoY Change -49.71% -86.13% 150.0%
Total Short-Term Liabilities $791.1M $682.1M $711.1M
YoY Change -7.13% -14.25% -3.44%
LONG-TERM LIABILITIES
Long-Term Debt $598.2M $626.8M $628.5M
YoY Change 16.63% 21.43% 19.1%
Other Long-Term Liabilities $8.641M $7.339M $7.365M
YoY Change 19.24% -11.45% 5.32%
Total Long-Term Liabilities $803.3M $783.9M $782.4M
YoY Change 6.73% -0.41% 0.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $791.1M $682.1M $711.1M
Total Long-Term Liabilities $803.3M $783.9M $782.4M
Total Liabilities $1.594B $1.466B $1.494B
YoY Change -0.63% -7.37% -1.49%
SHAREHOLDERS EQUITY
Retained Earnings $674.8M $718.3M $750.2M
YoY Change 11.56%
Common Stock $418.0M $417.5M $415.8M
YoY Change 1.26%
Preferred Stock
YoY Change
Treasury Stock (at cost) $121.0M $121.7M $125.1M
YoY Change -5.91%
Treasury Stock Shares 2.933M shares 2.943M shares 3.008M shares
Shareholders Equity $966.2M $1.013B $1.039B
YoY Change
Total Liabilities & Shareholders Equity $3.159B $3.106B $3.161B
YoY Change 5.13% 3.83% 7.46%

Cashflow Statement

Concept 2014 Q3 2014 Q2 2014 Q1
OPERATING ACTIVITIES
Net Income -$24.42M -$14.27M $173.0M
YoY Change 21.97% -148.96% 280.42%
Depreciation, Depletion And Amortization $13.70M $13.60M $12.80M
YoY Change 11.38% 13.33% 9.4%
Cash From Operating Activities -$18.40M -$6.900M $452.2M
YoY Change 65.77% -141.32% 194.78%
INVESTING ACTIVITIES
Capital Expenditures -$82.40M -$76.70M -$50.50M
YoY Change 45.33% 105.08% 79.08%
Acquisitions
YoY Change
Other Investing Activities -$6.400M -$6.800M -$5.800M
YoY Change 45.45% 38.78% -55.04%
Cash From Investing Activities -$88.80M -$83.60M -$56.20M
YoY Change 45.34% 97.64% 37.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 105.9M 84.30M -396.5M
YoY Change 44.47% 292.09% 261.77%
NET CHANGE
Cash From Operating Activities -18.40M -6.900M 452.2M
Cash From Investing Activities -88.80M -83.60M -56.20M
Cash From Financing Activities 105.9M 84.30M -396.5M
Net Change In Cash -1.300M -6.200M -500.0K
YoY Change -218.18% 51.22% -117.86%
FREE CASH FLOW
Cash From Operating Activities -$18.40M -$6.900M $452.2M
Capital Expenditures -$82.40M -$76.70M -$50.50M
Free Cash Flow $64.00M $69.80M $502.7M
YoY Change 40.35% 29.02% 176.82%

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AvailableforsaleSecuritiesGrossUnrealizedGainLoss1
8100000 USD
CY2015 us-gaap Availableforsale Securities Gross Unrealized Gain Loss1
AvailableforsaleSecuritiesGrossUnrealizedGainLoss1
7500000 USD
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CY2014 us-gaap Capital Expenditures Incurred But Not Yet Paid
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9655000 USD
CY2015 us-gaap Capital Expenditures Incurred But Not Yet Paid
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28676000 USD
CY2014Q3 us-gaap Capitalization Longterm Debt And Equity
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1564375000 USD
CY2015Q3 us-gaap Capitalization Longterm Debt And Equity
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1950551000 USD
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CashAndCashEquivalentsAtCarryingValue
4509000 USD
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CashAndCashEquivalentsAtCarryingValue
2969000 USD
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CashAndCashEquivalentsAtCarryingValue
2151000 USD
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4928000 USD
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-1540000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-818000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
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2777000 USD
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USD
CY2015Q3 us-gaap Commitments And Contingencies
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CY2013 us-gaap Common Stock Dividends Per Share Declared
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0.81
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.855
CY2014 us-gaap Cost Of Goods And Services Energy Commodities And Services
CostOfGoodsAndServicesEnergyCommoditiesAndServices
2807008000 USD
CY2015 us-gaap Cost Of Goods And Services Energy Commodities And Services
CostOfGoodsAndServicesEnergyCommoditiesAndServices
1767841000 USD
CY2015 us-gaap Common Stock Dividends Per Share Declared
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0.915
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
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2.5
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
2.50
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
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84356310.00 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
85531423 shares
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
42700000 shares
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
85400000 shares
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218223000 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
220838000 USD
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123959000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
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137997000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
177160000 USD
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131280000 USD
CY2014Q3 us-gaap Construction In Progress Gross
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55625000 USD
CY2015Q3 us-gaap Construction In Progress Gross
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77705000 USD
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3000000 USD
CY2013 us-gaap Cost Of Goods And Services Energy Commodities And Services
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2299974000 USD
CY2013 us-gaap Cost Of Natural Gas Purchases
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400307000 USD
CY2014 us-gaap Cost Of Natural Gas Purchases
CostOfNaturalGasPurchases
319897000 USD
CY2015 us-gaap Cost Of Natural Gas Purchases
CostOfNaturalGasPurchases
304953000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
12248000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
37904000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
20492000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1763000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
11096000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5473000 USD
CY2014Q3 us-gaap Customer Advances And Deposits Current
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22335000 USD
CY2015Q3 us-gaap Customer Advances And Deposits Current
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20790000 USD
CY2014Q2 us-gaap Debt Instrument Term
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P3Y
CY2013 us-gaap Deferred Compensation Arrangement With Individual Employer Contribution
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193000 USD
CY2014 us-gaap Deferred Compensation Arrangement With Individual Employer Contribution
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374000 USD
CY2015 us-gaap Deferred Compensation Arrangement With Individual Employer Contribution
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461000 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
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34127000 USD
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DeferredFederalIncomeTaxExpenseBenefit
24963000 USD
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DeferredFederalIncomeTaxExpenseBenefit
56480000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
41075000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
18421000 USD
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DeferredIncomeTaxExpenseBenefit
45934000 USD
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4042000 USD
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29334000 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
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6186000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
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960000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
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7375000 USD
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3299000 USD
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3440000 USD
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14350000 USD
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0 USD
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63974000 USD
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69016000 USD
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36451000 USD
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56296000 USD
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8962000 USD
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12757000 USD
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10078000 USD
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12762000 USD
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0 USD
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2827000 USD
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10341000 USD
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24770000 USD
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505556000 USD
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423213000 USD
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499616000 USD
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0 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
3180000 USD
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35474000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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37930000 USD
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11751000 USD
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13409000 USD
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371017000 USD
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440420000 USD
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5056000 USD
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0 USD
CY2014Q3 us-gaap Defined Benefit Plan Cost Of Providing Special Or Contractual Termination Benefit Recognized During Period
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5000000 USD
CY2014Q3 us-gaap Defined Benefit Plan Special Termination Benefits
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3500000 USD
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1
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1
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1
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1900000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2200000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2600000 USD
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
47310000 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
52742000 USD
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61399000 USD
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69877000 USD
CY2015Q3 us-gaap Derivative Assets
DerivativeAssets
45087000 USD
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64223000 USD
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40743000 USD
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5654000 USD
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4334000 USD
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0.0326
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86553000 USD
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4200000 USD
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67590000 USD
CY2014 us-gaap Dividends Common Stock Cash
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72025000 USD
CY2015 us-gaap Dividends Common Stock Cash
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78044000 USD
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19001000 USD
CY2015Q3 us-gaap Dividends Payable Current And Noncurrent
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20528000 USD
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1.38
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0.09
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38330000 USD
CY2014Q3 us-gaap Derivative Liabilities Current
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79863000 USD
CY2015Q3 us-gaap Derivative Liabilities Current
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32791000 USD
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6690000 USD
CY2015Q3 us-gaap Derivative Liabilities Noncurrent
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5529000 USD
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39000 USD
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2.06
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-0.29
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.69
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1.46
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0.71
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-0.09
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0.05
CY2015 us-gaap Earnings Per Share Basic
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2.12
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1.37
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0.09
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2.04
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-0.17
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CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.67
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1.44
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EarningsPerShareDiluted
0.71
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EarningsPerShareDiluted
-0.09
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EarningsPerShareDiluted
0.05
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.10
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
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0.236
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.268
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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0.248
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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1412000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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7278000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3940000 USD
CY2014Q3 us-gaap Energy Related Inventory Natural Gas In Storage
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277516000 USD
CY2015Q3 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
163905000 USD
CY2014Q3 us-gaap Equity Method Investments
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153010000 USD
CY2015Q3 us-gaap Equity Method Investments
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132002000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
173000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
414000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
881000 USD
CY2013 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
57414000 USD
CY2014 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
57344000 USD
CY2015 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
53260000 USD
CY2014Q3 us-gaap Financing Receivable Recorded Investment Current
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3900000 USD
CY2015Q3 us-gaap Financing Receivable Recorded Investment Current
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6200000 USD
CY2014Q3 us-gaap Gas Purchase Payable Current
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205901000 USD
CY2015Q3 us-gaap Gas Purchase Payable Current
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151375000 USD
CY2013 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
CY2014 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
6351000 USD
CY2015 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
140035000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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183278000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
227275000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10349000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10532000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
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13409000 USD
CY2013 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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-3299000 USD
CY2014 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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-2589000 USD
CY2015 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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-6663000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35575000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51840000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
59724000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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52661000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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67834000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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84239000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
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-5769000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
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-4437000 USD
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-5149000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
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-961000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-218000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2364000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5168000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7785000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
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8233000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits
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18749000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
23083000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
30096000 USD
CY2013 us-gaap Income Taxes Paid Net
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12039000 USD
CY2014 us-gaap Income Taxes Paid Net
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22447000 USD
CY2015 us-gaap Income Taxes Paid Net
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28790000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
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726000 USD
CY2015 us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
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3825000 USD
CY2013 us-gaap Increase Decrease In Customer Deposits
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-24059000 USD
CY2014 us-gaap Increase Decrease In Customer Deposits
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-2058000 USD
CY2015 us-gaap Increase Decrease In Customer Deposits
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-1545000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
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34716000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
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-14714000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
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72244000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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-48032000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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-32529000 USD
CY2013 us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
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2037000 USD
CY2014 us-gaap Increase Decrease In Allowance For Equity Funds Used During Construction
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1562000 USD
CY2013 us-gaap Increase Decrease In Due To Related Parties Current
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-16000 USD
CY2014 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
14000 USD
CY2015 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
202000 USD
CY2013 us-gaap Increase Decrease In Inventories
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55755000 USD
CY2014 us-gaap Increase Decrease In Inventories
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-43130000 USD
CY2015 us-gaap Increase Decrease In Inventories
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-114638000 USD
CY2013 us-gaap Increase Decrease In Operating Capital
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60316000 USD
CY2014 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-85480000 USD
CY2015 us-gaap Increase Decrease In Operating Capital
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-81817000 USD
CY2013 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
72415000 USD
CY2014 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
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CY2015 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
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CY2014 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2015 us-gaap Increase Decrease In Other Noncurrent Assets
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CY2013 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2015 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
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CY2013 us-gaap Increase Decrease In Other Operating Assets
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CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4216000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
14038000 USD
CY2013 us-gaap Increase Decrease In Payables To Broker Dealers
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15348000 USD
CY2014 us-gaap Increase Decrease In Payables To Broker Dealers
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CY2015 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
18452000 USD
CY2013 us-gaap Increase Decrease In Recoverable Refundable Gas Costs
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CY2014 us-gaap Increase Decrease In Recoverable Refundable Gas Costs
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CY2015 us-gaap Increase Decrease In Recoverable Refundable Gas Costs
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CY2013 us-gaap Increase Decrease In Restricted Cash
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-56000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
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CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
1499000 USD
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InterestExpense
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CY2014 us-gaap Interest Expense
InterestExpense
25463000 USD
CY2015 us-gaap Interest Expense
InterestExpense
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InterestPaidNet
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CY2014 us-gaap Interest Paid Net
InterestPaidNet
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CY2015 us-gaap Interest Paid Net
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InvestmentIncomeInterest
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CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
1222000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
580000 USD
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153010000 USD
CY2015Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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132002000 USD
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CY2015Q3 us-gaap Liabilities And Stockholders Equity
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791086000 USD
CY2015Q3 us-gaap Liabilities Current
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436100000 USD
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CY2014Q3 us-gaap Long Term Debt And Capital Lease Obligations
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CY2014 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
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CY2015 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
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56000 USD
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
330000 USD
CY2015Q3 us-gaap Long Term Debt And Capital Lease Obligations
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CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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113994000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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356786000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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387920000 USD
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CY2014Q3 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss
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CY2014Q4 us-gaap Net Income Loss
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CY2015Q1 us-gaap Net Income Loss
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CY2015Q2 us-gaap Net Income Loss
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CY2015Q3 us-gaap Net Income Loss
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CY2015 us-gaap Net Income Loss
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CY2015Q3 us-gaap Notes And Loans Receivable Gross Noncurrent
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CY2014 us-gaap Operating Expenses
OperatingExpenses
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CY2015 us-gaap Operating Expenses
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OperatingIncomeLoss
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CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
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OperatingIncomeLoss
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CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
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OperatingIncomeLoss
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OperatingIncomeLoss
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OperatingIncomeLoss
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OperatingIncomeLoss
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CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
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OtherComprehensiveIncomeLossBeforeReclassificationsTax
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OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossNetOfTax
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OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3250000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
5496000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
2162000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
3688000 USD
CY2014 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2649000 USD
CY2015 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2497000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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93000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
479000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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1603000 USD
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CY2015 us-gaap Other Cost And Expense Operating
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OtherInventory
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CY2015Q3 us-gaap Other Liabilities Noncurrent
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OtherNonoperatingIncome
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0 USD
CY2015Q3 us-gaap Other Payables To Broker Dealers And Clearing Organizations
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4103000 USD
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27339000 USD
CY2015Q3 us-gaap Other Receivables From Broker Dealers And Clearing Organizations
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12990000 USD
CY2013 us-gaap Payments For Environmental Liabilities
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6166000 USD
CY2014 us-gaap Payments For Environmental Liabilities
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4396000 USD
CY2015 us-gaap Payments For Environmental Liabilities
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6805000 USD
CY2013 us-gaap Payments For Removal Costs
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26601000 USD
CY2014 us-gaap Payments For Removal Costs
PaymentsForRemovalCosts
24312000 USD
CY2015 us-gaap Payments For Removal Costs
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28078000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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26606000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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CY2015 us-gaap Payments For Repurchase Of Common Stock
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67230000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
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PaymentsToAcquireEquityMethodInvestments
0 USD
CY2014 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
555000 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
5780000 USD
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PaymentsToAcquireOtherInvestments
0 USD
CY2014 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
555000 USD
CY2015 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
5780000 USD
CY2013 us-gaap Payments To Acquire Other Productive Assets
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59125000 USD
CY2014 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
135543000 USD
CY2015 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
151002000 USD
CY2013 us-gaap Payments To Acquire Other Property Plant And Equipment
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1042000 USD
CY2014 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1179000 USD
CY2015 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
209000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
110482000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
128254000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
140797000 USD
CY2013 us-gaap Pension And Other Postretirement Benefit Contributions
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CY2014 us-gaap Pension And Other Postretirement Benefit Contributions
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CY2015 us-gaap Pension And Other Postretirement Benefit Contributions
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CY2015Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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CY2014Q3 us-gaap Prepaid Taxes
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CY2015Q3 us-gaap Prepaid Taxes
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CY2015Q3 us-gaap Prescription Drug Subsidy Receipts After Year Five
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2067000 USD
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210000 USD
CY2015Q3 us-gaap Prescription Drug Subsidy Receipts Year Five1
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304000 USD
CY2015Q3 us-gaap Prescription Drug Subsidy Receipts Year Four1
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276000 USD
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253000 USD
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231000 USD
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3079000 USD
CY2014 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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1150000 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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2620000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
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CY2015 us-gaap Proceeds From Issuance Of Common Stock
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CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
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125000000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
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250000000 USD
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85800000 USD
CY2014 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2015 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2013 us-gaap Proceeds From Sale Of Available For Sale Securities
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482000 USD
CY2014 us-gaap Proceeds From Sale Of Available For Sale Securities
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0 USD
CY2015 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2013 us-gaap Proceeds From Sale Of Other Investments
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0 USD
CY2014 us-gaap Proceeds From Sale Of Other Investments
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0 USD
CY2015 us-gaap Proceeds From Sale Of Other Investments
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3016000 USD
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0 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6010000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
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1200000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
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724000 USD
CY2013 us-gaap Property Plant And Equipment Additions
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CY2014 us-gaap Property Plant And Equipment Additions
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CY2015 us-gaap Property Plant And Equipment Additions
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320086000 USD
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CY2015Q3 us-gaap Property Plant And Equipment Gross
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CY2015Q3 us-gaap Property Plant And Equipment Net
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347285000 USD
CY2015Q3 us-gaap Property Plant And Equipment Other
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481003000 USD
CY2013 us-gaap Provision For Doubtful Accounts
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2627000 USD
CY2014 us-gaap Provision For Doubtful Accounts
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2504000 USD
CY2015 us-gaap Provision For Doubtful Accounts
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2859000 USD
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409135000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
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437097000 USD
CY2014Q3 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
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139624000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Construction Work In Progress
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155553000 USD
CY2013 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
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0.0243
CY2014 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
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0.0244
CY2015 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
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0.0231
CY2014Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
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1791009000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
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1908024000 USD
CY2015Q3 us-gaap Purchase Obligation Due After Fifth Year
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790199000 USD
CY2015Q3 us-gaap Purchase Obligation Due In Fifth Year
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102704000 USD
CY2015Q3 us-gaap Purchase Obligation Due In Fourth Year
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113263000 USD
CY2015Q3 us-gaap Purchase Obligation Due In Next Twelve Months
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492559000 USD
CY2015Q3 us-gaap Purchase Obligation Due In Second Year
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230065000 USD
CY2015Q3 us-gaap Purchase Obligation Due In Third Year
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142009000 USD
CY2015Q3 us-gaap Ratio Of Indebtedness To Net Capital1
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0.542
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-1924000 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2013 us-gaap Regulated And Unregulated Operating Revenue
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3198068000 USD
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CY2014Q1 us-gaap Regulated And Unregulated Operating Revenue
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CY2014Q2 us-gaap Regulated And Unregulated Operating Revenue
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CY2014Q3 us-gaap Regulated And Unregulated Operating Revenue
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591914000 USD
CY2014 us-gaap Regulated And Unregulated Operating Revenue
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3738145000 USD
CY2014Q4 us-gaap Regulated And Unregulated Operating Revenue
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824124000 USD
CY2015Q2 us-gaap Regulated And Unregulated Operating Revenue
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458467000 USD
CY2015Q1 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1013090000 USD
CY2014Q3 us-gaap Regulatory Assets Current
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26862000 USD
CY2015Q3 us-gaap Regulatory Assets Current
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24258000 USD
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CY2015 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NATURE OF THE BUSINESS</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">New Jersey Resources Corporation provides regulated gas distribution services and operates certain unregulated businesses primarily through the following subsidiaries:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">New Jersey Natural Gas Company provides natural gas utility service to approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">512,300</font><font style="font-family:inherit;font-size:10pt;"> retail customers in central and northern New Jersey and is subject to rate regulation by the BPU. NJNG comprises the Natural Gas Distribution segment.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NJR Energy Services Company comprises the Energy Services segment that maintains and transacts around a portfolio of natural gas storage and transportation capacity contracts and provides physical wholesale energy and energy management services.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NJR Clean Energy Ventures Corporation, the Company's distributed power subsidiary, comprises the Clean Energy Ventures segment and consists of the Company's capital investments in distributed power projects, including commercial and residential solar projects and onshore wind investments.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NJR Midstream Holdings Corporation invests in energy-related ventures through its subsidiaries, NJR Steckman Ridge Storage Company, which holds the Company's </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">50 percent</font><font style="font-family:inherit;font-size:10pt;"> combined interest in Steckman Ridge, </font><font style="font-family:inherit;font-size:10pt;text-align:justify;vertical-align:bottom;">and NJR Pipeline Company, which holds the Company's </font><font style="font-family:inherit;font-size:10pt;text-align:justify;vertical-align:bottom;">20 percent</font><font style="font-family:inherit;font-size:10pt;text-align:justify;vertical-align:bottom;"> ownership interest in PennEast.</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;text-align:justify;vertical-align:bottom;">During fiscal 2015 and 2014, NJR Midstream Holdings Corporation, </font><font style="font-family:inherit;font-size:10pt;">through its subsidiary, NJNR Pipeline Company, also held the Company's </font><font style="font-family:inherit;font-size:10pt;">5.53 percent</font><font style="font-family:inherit;font-size:10pt;"> ownership interest in Iroquois Gas Transmission L.P. </font><font style="font-family:inherit;font-size:10pt;text-align:justify;vertical-align:bottom;">On </font><font style="font-family:inherit;font-size:10pt;text-align:justify;vertical-align:bottom;">September&#160;29, 2015</font><font style="font-family:inherit;font-size:10pt;text-align:justify;vertical-align:bottom;">, NJNR Pipeline Company exchanged</font><font style="font-family:inherit;font-size:10pt;"> its ownership interest in Iroquois to Dominion Midstream Partners, L.P. for approximately </font><font style="font-family:inherit;font-size:10pt;">1.84 million</font><font style="font-family:inherit;font-size:10pt;"> DM Common Units. Steckman Ridge, PennEast and DM comprise the Midstream segment. See </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Note 6</font><font style="font-family:inherit;font-size:10pt;">. </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Investment in Equity Investees </font><font style="font-family:inherit;font-size:10pt;">for more information.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NJR Retail Holdings Corporation has </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> principal subsidiaries, NJR Home Services Company and Commercial Realty &amp; Resources Corporation. Retail Holdings and NJR Energy Corporation are included in Home Services and Other operations.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires NJR to make estimates that affect the reported amounts of assets, liabilities, revenues, expenses and related disclosure of contingencies during the reporting period. On a monthly basis, NJR evaluates its estimates, including those related to the calculation of the fair value of derivative instruments, debt, unbilled revenues, allowance for doubtful accounts, provisions for depreciation and amortization, regulatory assets and liabilities, income taxes, pensions and other postemployment benefits, contingencies related to environmental matters and litigation. AROs are evaluated as often as needed. NJR's estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NJR has legal, regulatory and environmental proceedings during the normal course of business that can result in loss contingencies. When evaluating the potential for a loss, NJR will establish a reserve if a loss is probable and can be reasonably estimated, in which case it is NJR's policy to accrue the full amount of such estimates. Where the information is sufficient only to establish a range of probable liability, and no point within the range is more likely than any other, it is NJR's policy to accrue the lower end of the range. In the normal course of business, estimated amounts are subsequently adjusted to actual results that may differ from estimates.</font></div></div>

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