2024 Q1 Form 10-K Financial Statement

#000199300424000006 Filed on February 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $475.3M $356.0M $1.422B
YoY Change 4.59% -16.29% -3.77%
Cost Of Revenue $174.7M $98.20M $420.2M
YoY Change 5.57% -35.82% -14.59%
Gross Profit $300.6M $257.8M $1.002B
YoY Change 4.02% -5.33% 1.63%
Gross Profit Margin 63.24% 72.41% 70.45%
Selling, General & Admin $40.45M $23.20M $117.3M
YoY Change 16.56% -13.43% 3.08%
% of Gross Profit 13.45% 9.0% 11.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $56.74M $52.70M $210.5M
YoY Change 6.66% 6.9% 7.94%
% of Gross Profit 18.88% 20.44% 21.01%
Operating Expenses $198.5M $154.6M $701.4M
YoY Change 2.87% -18.24% -2.96%
Operating Profit $102.1M $103.2M $300.5M
YoY Change 6.33% 23.99% 14.24%
Interest Expense -$30.98M -$29.50M -$114.6M
YoY Change 10.64% 9.26% 14.49%
% of Operating Profit -30.35% -28.6% -38.14%
Other Income/Expense, Net $6.819M $2.800M $15.83M
YoY Change 45.09% -63.16% -18.39%
Pretax Income $75.42M $76.50M $201.7M
YoY Change 3.6% 19.91% 10.56%
Income Tax $10.33M -$6.600M $7.539M
% Of Pretax Income 13.7% -8.63% 3.74%
Net Earnings $65.09M $83.14M $194.1M
YoY Change 4.14% 24.65% 6.08%
Net Earnings / Revenue 13.69% 23.35% 13.65%
Basic Earnings Per Share $1.06 $1.37 $3.22
Diluted Earnings Per Share $1.06 $1.37 $3.22
COMMON SHARES
Basic Shares Outstanding 61.26M shares 61.24M shares 60.32M shares
Diluted Shares Outstanding 61.31M shares 60.36M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.150M $9.164M $9.164M
YoY Change -61.21% 7.81% 7.81%
Cash & Equivalents $4.150M $9.164M $9.164M
Short-Term Investments
Other Short-Term Assets $101.9M $25.40M $71.05M
YoY Change -19.31% -9.43% -60.09%
Inventory $103.8M $114.5M $114.5M
Prepaid Expenses
Receivables $186.9M $212.3M $212.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $396.8M $407.0M $407.0M
YoY Change -11.48% -24.46% -24.46%
LONG-TERM ASSETS
Property, Plant & Equipment $6.087B $6.040B $6.040B
YoY Change 6.73% 6.76% 6.76%
Goodwill $357.6M $357.6M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $792.4M $52.31M $796.3M
YoY Change 2.59% 10.55% 4.24%
Total Long-Term Assets $7.237B $7.194B $7.194B
YoY Change 5.91% 6.12% 6.12%
TOTAL ASSETS
Total Short-Term Assets $396.8M $407.0M $407.0M
Total Long-Term Assets $7.237B $7.194B $7.194B
Total Assets $7.633B $7.601B $7.601B
YoY Change 4.84% 3.87% 3.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $96.54M $124.3M $124.3M
YoY Change -7.88% -38.29% -38.29%
Accrued Expenses $298.3M $246.2M $218.5M
YoY Change -3.34% -1.76% -2.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $99.95M $0.00
YoY Change
Long-Term Debt Due $3.400M $99.95M $103.3M
YoY Change -98.63% -30.84% -30.02%
Total Short-Term Liabilities $444.7M $534.9M $534.9M
YoY Change -34.67% -13.84% -13.84%
LONG-TERM LIABILITIES
Long-Term Debt $2.772B $2.685B $2.690B
YoY Change 18.02% 8.5% 8.33%
Other Long-Term Liabilities $984.3M $332.4M $989.8M
YoY Change -3.25% -6.48% -1.96%
Total Long-Term Liabilities $3.756B $3.017B $3.680B
YoY Change 11.59% 6.62% 5.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $444.7M $534.9M $534.9M
Total Long-Term Liabilities $3.756B $3.017B $3.680B
Total Liabilities $4.820B $4.815B $4.815B
YoY Change 5.07% 3.5% 3.5%
SHAREHOLDERS EQUITY
Retained Earnings $837.0M $811.5M
YoY Change 5.2%
Common Stock $648.0K $648.0K
YoY Change 2.37%
Preferred Stock
YoY Change
Treasury Stock (at cost) $97.99M $97.93M
YoY Change -0.47%
Treasury Stock Shares
Shareholders Equity $2.813B $2.785B $2.785B
YoY Change
Total Liabilities & Shareholders Equity $7.633B $7.601B $7.601B
YoY Change 4.84% 3.87% 3.87%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $65.09M $83.14M $194.1M
YoY Change 4.14% 24.65% 6.08%
Depreciation, Depletion And Amortization $56.74M $52.70M $210.5M
YoY Change 6.66% 6.9% 7.94%
Cash From Operating Activities $161.7M $62.33M $489.2M
YoY Change -24.34% -3068.14% 59.25%
INVESTING ACTIVITIES
Capital Expenditures $108.8M $159.7M $566.9M
YoY Change -20.39% 23.98% 10.05%
Acquisitions
YoY Change
Other Investing Activities -$242.0K -$123.0K -$3.923M
YoY Change -84.62% 130.76%
Cash From Investing Activities -$109.0M -$159.8M -$570.8M
YoY Change -20.21% 23.31% 10.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $73.61M
YoY Change -73.48%
Debt Paid & Issued, Net $100.0M
YoY Change
Cash From Financing Activities -57.49M 101.1M $84.31M
YoY Change -20.71% -19.37% -60.48%
NET CHANGE
Cash From Operating Activities 161.7M 62.33M $489.2M
Cash From Investing Activities -109.0M -159.8M -$570.8M
Cash From Financing Activities -57.49M 101.1M $84.31M
Net Change In Cash -4.805M 3.624M $2.724M
YoY Change -204.46% -157.52% -24.33%
FREE CASH FLOW
Cash From Operating Activities $161.7M $62.33M $489.2M
Capital Expenditures $108.8M $159.7M $566.9M
Free Cash Flow $52.92M -$97.36M -$77.66M
YoY Change -31.36% -25.62% -62.65%

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CY2022Q4 us-gaap Liabilities
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CY2022Q4 us-gaap Commitments And Contingencies
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CY2022Q4 us-gaap Common Stock Value
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CY2023Q4 us-gaap Treasury Stock Value
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CY2022Q4 us-gaap Treasury Stock Value
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CY2022Q4 us-gaap Additional Paid In Capital
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CY2023Q4 us-gaap Stockholders Equity
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CY2022Q4 us-gaap Stockholders Equity
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
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DepreciationDepletionAndAmortization
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CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2023 nweg Amortization Of Debt Issue Costs And Discount And Deferred Hedge Gain
AmortizationOfDebtIssueCostsAndDiscountAndDeferredHedgeGain
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CY2022 nweg Amortization Of Debt Issue Costs And Discount And Deferred Hedge Gain
AmortizationOfDebtIssueCostsAndDiscountAndDeferredHedgeGain
5321000 usd
CY2021 nweg Amortization Of Debt Issue Costs And Discount And Deferred Hedge Gain
AmortizationOfDebtIssueCostsAndDiscountAndDeferredHedgeGain
5250000 usd
CY2023 us-gaap Share Based Compensation
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5176000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
5350000 usd
CY2023 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
17614000 usd
CY2022 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
14191000 usd
CY2021 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity
11092000 usd
CY2023 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-316000 usd
CY2022 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
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CY2021 us-gaap Gain Loss On Sale Of Other Assets
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CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8992000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
525000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
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-32695000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
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46282000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
30442000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7180000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
26744000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
19604000 usd
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IncreaseDecreaseInOtherCurrentAssets
-2644000 usd
CY2022 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3833000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-54722000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
26055000 usd
CY2022 us-gaap Increase Decrease In Other Regulatory Assets
IncreaseDecreaseInOtherRegulatoryAssets
20512000 usd
CY2021 us-gaap Increase Decrease In Other Regulatory Assets
IncreaseDecreaseInOtherRegulatoryAssets
69616000 usd
CY2023 us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
39957000 usd
CY2022 us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
-7034000 usd
CY2021 us-gaap Increase Decrease In Regulatory Liabilities
IncreaseDecreaseInRegulatoryLiabilities
-27674000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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30583000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
21872000 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
33693000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
489231000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
307242000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
219978000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
566889000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
515140000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
434328000 usd
CY2023 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
3923000 usd
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1719000 usd
CY2021 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1505000 usd
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NetCashProvidedByUsedInInvestingActivities
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NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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154050000 usd
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PaymentsOfDividendsCommonStock
140062000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
128483000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
73613000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
276971000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
196246000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
300000000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
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0 usd
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PaymentsOfDebtExtinguishmentCosts
0 usd
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
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CY2023 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
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CY2022 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
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CY2023 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
0 usd
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ProceedsFromRepaymentsOfCommercialPaper
0 usd
CY2021 us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
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CY2023 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
1069000 usd
CY2022 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
603000 usd
CY2021 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
707000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4327000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1194000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
909000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
84305000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
213318000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
217521000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
2724000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3701000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1666000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22463000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18762000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17096000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25187000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22463000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18762000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
2079095000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
186840000 usd
CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-57000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-452000 usd
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
436000 usd
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4328000 usd
CY2021 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
29000 shares
CY2021 us-gaap Stock Issued During Period Value New Issues
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197974000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.48
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
128483000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2339713000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
183008000 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-8000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-452000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
982000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
6480000 usd
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
28000 shares
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
276582000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.52
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
140062000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2665183000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
194131000 usd
CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-452000 usd
CY2023 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
262000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4954000 usd
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
21000 shares
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
74904000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.56
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
154050000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2785314000 usd
CY2023Q4 nweg Number Of Customers
NumberOfCustomers
775300 customers
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:18pt"><span style="color:#b90101;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Estimates are used for such items as long-lived asset values and impairment charges, long-lived asset useful lives, tax provisions, uncertain tax position reserves, AROs, regulatory assets and liabilities, allowances for uncollectible accounts, our QF liability, environmental liabilities, unbilled revenues and actuarially determined benefit costs and liabilities. We revise the recorded estimates when we receive better information or when we can determine actual amounts. Those revisions can affect operating results.</span></div>
CY2023 nweg Number Of Months Or Less Of Maturity To Be Considered Cash Equivalent
NumberOfMonthsOrLessOfMaturityToBeConsideredCashEquivalent
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CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9164000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8489000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2820000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2800000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2500000 usd
CY2023Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
105100000 usd
CY2022Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
117400000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
85876000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
71769000 usd
CY2023Q4 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
28663000 usd
CY2022Q4 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
35590000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
114539000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
107359000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-827000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4707000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4330000 usd
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
24300000 usd
CY2022 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
20200000 usd
CY2021 us-gaap Public Utilities Allowance For Funds Used During Construction Capitalized Interest
PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest
15900000 usd
CY2023 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.028
CY2022 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.028
CY2021 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.028
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
79252000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
96093000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
41773000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
44104000 usd
CY2023Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
27656000 usd
CY2022Q4 us-gaap Customer Refund Liability Current
CustomerRefundLiabilityCurrent
26137000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
24775000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
18350000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
72711000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
65895000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
246167000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
250579000 usd
CY2023 us-gaap Interest Paid
InterestPaid
105238000 usd
CY2022 us-gaap Interest Paid
InterestPaid
95400000 usd
CY2021 us-gaap Interest Paid
InterestPaid
87221000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
42322000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
64758000 usd
CY2023Q4 nweg Customer Advances
CustomerAdvances
107470000 usd
CY2022Q4 nweg Customer Advances
CustomerAdvances
95393000 usd
CY2023Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
75302000 usd
CY2022Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
84731000 usd
CY2023Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
39255000 usd
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
39096000 usd
CY2023Q4 nweg Qualifying Facility Liability
QualifyingFacilityLiability
28670000 usd
CY2022Q4 nweg Qualifying Facility Liability
QualifyingFacilityLiability
49728000 usd
CY2023Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
21135000 usd
CY2022Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
22662000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
60540000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
63793000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
332372000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
355403000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
29034000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
16023000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
13974000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
15942000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25187000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22463000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18762000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8299873000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7843783000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
1930688000 usd
CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
1880265000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
6039801000 usd
CY2022Q4 us-gaap Public Utilities Property Plant And Equipment Net
PublicUtilitiesPropertyPlantAndEquipmentNet
5657480000 usd
CY2023Q4 nweg Number Of Joint Ownership Interest Electric Generating Plants
NumberOfJointOwnershipInterestElectricGeneratingPlants
4 plants
CY2023 us-gaap Asset Acquisition Price Of Acquisition Expected
AssetAcquisitionPriceOfAcquisitionExpected
0 usd
CY2023Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
600000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
40894000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
40631000 usd
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
45355000 usd
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1899000 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1853000 usd
CY2021 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
2233000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 usd
CY2021 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1244000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
4004000 usd
CY2021 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
2906000 usd
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-125000 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
2414000 usd
CY2021 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-4051000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
41424000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
40894000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
40631000 usd
CY2023 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1200000 usd
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-100000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
357586000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
357586000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2784585000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2521030000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
2618882000 usd
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2316700000 usd
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
550000000.0 usd
CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
550000000.0 usd
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2022Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2023Q4 nweg Credit Facility Borrowingsand Letterof Credit Amount Outstanding
CreditFacilityBorrowingsandLetterofCreditAmountOutstanding
318000000.0 usd
CY2022Q4 nweg Credit Facility Borrowingsand Letterof Credit Amount Outstanding
CreditFacilityBorrowingsandLetterofCreditAmountOutstanding
450000000.0 usd
CY2023Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
232000000.0 usd
CY2022Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
100000000.0 usd
CY2023 nweg Maximum Ratio Of Indebtedness To Net Capital Threshold Percentage
MaximumRatioOfIndebtednessToNetCapitalThresholdPercentage
0.65
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2784585000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
2618882000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
99950000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
144525000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2684635000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2474357000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
8799000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
11897000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3338000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3098000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
5461000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
8799000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
103300000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
303600000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
106900000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
497700000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2925000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5024000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
722000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2929000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-5993000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2626000 usd
CY2023 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-129000 usd
CY2022 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-130000 usd
CY2021 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-130000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-1971000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3363000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2172000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3785000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2869000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1971000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-605000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3419000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.003
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.003
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.001
CY2023 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.129
CY2022 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.124
CY2021 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
0.115
CY2023 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.051
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.072
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.061
CY2023 nweg Effective Income Tax Rate Reconciliation Unregulated Tax Cuts And Jobs Act Excess Deferred Income Taxes Percent
EffectiveIncomeTaxRateReconciliationUnregulatedTaxCutsAndJobsActExcessDeferredIncomeTaxesPercent
-0.017
CY2022 nweg Effective Income Tax Rate Reconciliation Unregulated Tax Cuts And Jobs Act Excess Deferred Income Taxes Percent
EffectiveIncomeTaxRateReconciliationUnregulatedTaxCutsAndJobsActExcessDeferredIncomeTaxesPercent
0
CY2021 nweg Effective Income Tax Rate Reconciliation Unregulated Tax Cuts And Jobs Act Excess Deferred Income Taxes Percent
EffectiveIncomeTaxRateReconciliationUnregulatedTaxCutsAndJobsActExcessDeferredIncomeTaxesPercent
0
CY2023 nweg Effective Income Tax Rate Reconciliation Unrecognized Tax Benefits Percent
EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefitsPercent
-0.016
CY2022 nweg Effective Income Tax Rate Reconciliation Unrecognized Tax Benefits Percent
EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefitsPercent
0
CY2022 nweg Effective Income Tax Rate Reconciliation Unrecognized Tax Benefits Percent
EffectiveIncomeTaxRateReconciliationUnrecognizedTaxBenefitsPercent
0
CY2023 nweg Effective Income Tax Rate Reconciliation Amortizationof Excess Deferred Taxes Percent
EffectiveIncomeTaxRateReconciliationAmortizationofExcessDeferredTaxesPercent
0.011
CY2022 nweg Effective Income Tax Rate Reconciliation Amortizationof Excess Deferred Taxes Percent
EffectiveIncomeTaxRateReconciliationAmortizationofExcessDeferredTaxesPercent
0.009
CY2021 nweg Effective Income Tax Rate Reconciliation Amortizationof Excess Deferred Taxes Percent
EffectiveIncomeTaxRateReconciliationAmortizationofExcessDeferredTaxesPercent
0.003
CY2023 nweg Income Tax Reconciliation Accelerated Tax Depreciation Flow Through Adjustment
IncomeTaxReconciliationAcceleratedTaxDepreciationFlowThroughAdjustment
-0.033
CY2022 nweg Income Tax Reconciliation Accelerated Tax Depreciation Flow Through Adjustment
IncomeTaxReconciliationAcceleratedTaxDepreciationFlowThroughAdjustment
0.001
CY2021 nweg Income Tax Reconciliation Accelerated Tax Depreciation Flow Through Adjustment
IncomeTaxReconciliationAcceleratedTaxDepreciationFlowThroughAdjustment
0.006
CY2023 nweg Reduction To Previously Claimed Alternative Minimum Tax Credit Percent
ReductionToPreviouslyClaimedAlternativeMinimumTaxCreditPercent
0.016
CY2022 nweg Reduction To Previously Claimed Alternative Minimum Tax Credit Percent
ReductionToPreviouslyClaimedAlternativeMinimumTaxCreditPercent
0
CY2022 nweg Reduction To Previously Claimed Alternative Minimum Tax Credit Percent
ReductionToPreviouslyClaimedAlternativeMinimumTaxCreditPercent
0
CY2023 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.000
CY2022 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.008
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
-0.000
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.008
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.037
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.003
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.018
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
201670000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
182403000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
190259000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
42350000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
38304000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
39954000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
606000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
562000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
354000 usd
CY2023 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
25922000 usd
CY2022 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
22665000 usd
CY2021 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
21888000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
10274000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
13166000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
11532000 usd
CY2023 nweg Effective Income Tax Rate Reconciliation Unregulated Tax Cuts And Jobs Act Excess Deferred Income Taxes Amount
EffectiveIncomeTaxRateReconciliationUnregulatedTaxCutsAndJobsActExcessDeferredIncomeTaxesAmount
-3385000 usd
CY2022 nweg Effective Income Tax Rate Reconciliation Unregulated Tax Cuts And Jobs Act Excess Deferred Income Taxes Amount
EffectiveIncomeTaxRateReconciliationUnregulatedTaxCutsAndJobsActExcessDeferredIncomeTaxesAmount
0 usd
CY2021 nweg Effective Income Tax Rate Reconciliation Unregulated Tax Cuts And Jobs Act Excess Deferred Income Taxes Amount
EffectiveIncomeTaxRateReconciliationUnregulatedTaxCutsAndJobsActExcessDeferredIncomeTaxesAmount
0 usd
CY2023 nweg Effective Income Tax Rate Reconciliation Reduction Resultingfrom Lapseof Applicable Statuteof Limitations
EffectiveIncomeTaxRateReconciliationReductionResultingfromLapseofApplicableStatuteofLimitations
3241000 usd
CY2022 nweg Effective Income Tax Rate Reconciliation Reduction Resultingfrom Lapseof Applicable Statuteof Limitations
EffectiveIncomeTaxRateReconciliationReductionResultingfromLapseofApplicableStatuteofLimitations
0 usd
CY2021 nweg Effective Income Tax Rate Reconciliation Reduction Resultingfrom Lapseof Applicable Statuteof Limitations
EffectiveIncomeTaxRateReconciliationReductionResultingfromLapseofApplicableStatuteofLimitations
0 usd
CY2023 nweg Effective Income Tax Rate Reconciliation Amortizationof Excess Deferred Taxes
EffectiveIncomeTaxRateReconciliationAmortizationofExcessDeferredTaxes
-2184000 usd
CY2022 nweg Effective Income Tax Rate Reconciliation Amortizationof Excess Deferred Taxes
EffectiveIncomeTaxRateReconciliationAmortizationofExcessDeferredTaxes
-1657000 usd
CY2021 nweg Effective Income Tax Rate Reconciliation Amortizationof Excess Deferred Taxes
EffectiveIncomeTaxRateReconciliationAmortizationofExcessDeferredTaxes
-635000 usd
CY2023 nweg Income Tax Reconciliation Deductions Accelerated Tax Depreciation Flow Through Adjustment
IncomeTaxReconciliationDeductionsAcceleratedTaxDepreciationFlowThroughAdjustment
-6595000 usd
CY2022 nweg Income Tax Reconciliation Deductions Accelerated Tax Depreciation Flow Through Adjustment
IncomeTaxReconciliationDeductionsAcceleratedTaxDepreciationFlowThroughAdjustment
222000 usd
CY2021 nweg Income Tax Reconciliation Deductions Accelerated Tax Depreciation Flow Through Adjustment
IncomeTaxReconciliationDeductionsAcceleratedTaxDepreciationFlowThroughAdjustment
941000 usd
CY2023 nweg Reduction To Previously Claimed Alternative Minimum Tax Credit
ReductionToPreviouslyClaimedAlternativeMinimumTaxCredit
3186000 usd
CY2022 nweg Reduction To Previously Claimed Alternative Minimum Tax Credit
ReductionToPreviouslyClaimedAlternativeMinimumTaxCredit
0 usd
CY2022 nweg Reduction To Previously Claimed Alternative Minimum Tax Credit
ReductionToPreviouslyClaimedAlternativeMinimumTaxCredit
0 usd
CY2023 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
45000 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-1397000 usd
CY2021 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-12000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-237000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-364000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1881000 usd
CY2023 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-34811000 usd
CY2022 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-38909000 usd
CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-36535000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7539000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-605000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3419000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
113366000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
0 usd
CY2023Q4 nweg Deferredtaxassetsproductiontaxcredits
Deferredtaxassetsproductiontaxcredits
94283000 usd
CY2022Q4 nweg Deferredtaxassetsproductiontaxcredits
Deferredtaxassetsproductiontaxcredits
80097000 usd
CY2023Q4 nweg Deferred Tax Assets Customer Advances
DeferredTaxAssetsCustomerAdvances
28300000 usd
CY2022Q4 nweg Deferred Tax Assets Customer Advances
DeferredTaxAssetsCustomerAdvances
25119000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
15131000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
19291000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
10716000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
10306000 usd
CY2023Q4 nweg Deferred Tax Assets Unbilled Revenue
DeferredTaxAssetsUnbilledRevenue
10604000 usd
CY2022Q4 nweg Deferred Tax Assets Unbilled Revenue
DeferredTaxAssetsUnbilledRevenue
9440000 usd
CY2023Q4 nweg Deferred Tax Assets Environmental Liability
DeferredTaxAssetsEnvironmentalLiability
5760000 usd
CY2022Q4 nweg Deferred Tax Assets Environmental Liability
DeferredTaxAssetsEnvironmentalLiability
6009000 usd
CY2023Q4 us-gaap Deferred Tax Assets Hedging Transactions
DeferredTaxAssetsHedgingTransactions
3280000 usd
CY2022Q4 us-gaap Deferred Tax Assets Hedging Transactions
DeferredTaxAssetsHedgingTransactions
3372000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
3098000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
4016000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2677000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2595000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
287215000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
160245000 usd
CY2023Q4 nweg Deferred Tax Liabilities Excess Tax Depreciation
DeferredTaxLiabilitiesExcessTaxDepreciation
660440000 usd
CY2022Q4 nweg Deferred Tax Liabilities Excess Tax Depreciation
DeferredTaxLiabilitiesExcessTaxDepreciation
449724000 usd
CY2023Q4 nweg Deferred Tax Liabilities Flow Through Depreciation
DeferredTaxLiabilitiesFlowThroughDepreciation
120558000 usd
CY2022Q4 nweg Deferred Tax Liabilities Flow Through Depreciation
DeferredTaxLiabilitiesFlowThroughDepreciation
106623000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
88323000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
86874000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
DeferredTaxLiabilitiesRegulatoryAssetsAndLiabilities
18414000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Regulatory Assets And Liabilities
DeferredTaxLiabilitiesRegulatoryAssetsAndLiabilities
56007000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
887735000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
699228000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
600520000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
538983000 usd
CY2023Q4 nweg Deferredtaxassetsproductiontaxcredits
Deferredtaxassetsproductiontaxcredits
94300000 usd
CY2023 nweg Unrecognized Tax Benefit More Likely Than Not Percentage Threshold
UnrecognizedTaxBenefitMoreLikelyThanNotPercentageThreshold
0.50
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
30330000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
32049000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
33491000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
293000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 usd
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0001993004-24-000006.txt Edgar Link pending
0001993004-24-000006-xbrl.zip Edgar Link pending
exhibit101aofficersdeferre.htm Edgar Link pending
exhibit21subsidiaries2023.htm Edgar Link pending
exhibit23consent10k2023.htm Edgar Link pending
exhibit311certification2023.htm Edgar Link pending
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