NISOURCE INC
For the period ended Dec 31, 2024. Filed Feb 12, 2025.
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FY2024 · Filed Feb 12, 2025
NI$45.29+0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Consolidated Income
| Year Ended December 31, (in millions, except per share amounts) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Operating Revenues | |||
| Customer revenues | $5,282.9 | $5,347.8 | $5,738.6 |
| Other revenues | 172.2 | 157.6 | 112.0 |
| Total Operating Revenues | 5,455.1 | 5,505.4 | 5,850.6 |
| Operating Expenses | |||
| Cost of energy | 1,132.2 | 1,533.3 | 2,110.5 |
| Operation and maintenance | 1,515.2 | 1,494.9 | 1,489.4 |
| Depreciation and amortization | 1,043.2 | 908.2 | 820.8 |
| Loss on impairment of assets | 6.1 | — | — |
| Loss (gain) on sale of assets, net | 2.9 | 2.9 | (104.2) |
| Other taxes | 300.0 | 270.6 | 268.3 |
| Total Operating Expenses | 3,999.6 | 4,209.9 | 4,584.8 |
| Operating Income | 1,455.5 | 1,295.5 | 1,265.8 |
| Other Income (Deductions) | |||
| Interest expense, net | (517.2) | (489.6) | (361.6) |
| Other, net | 64.5 | 8.0 | 52.2 |
| Total Other Deductions, Net | (452.7) | (481.6) | (309.4) |
| Income before Income Taxes | 1,002.8 | 813.9 | 956.4 |
| Income Taxes | 158.1 | 139.5 | 164.6 |
| Net Income | 844.7 | 674.4 | 791.8 |
| Net income (loss) attributable to noncontrolling interest | 84.3 | (39.9) | (12.3) |
| Net Income attributable to NiSource | 760.4 | 714.3 | 804.1 |
| Preferred dividends | (6.7) | (42.8) | (55.1) |
| Preferred redemption premium | (14.0) | (9.8) | — |
| Net Income Available to Common Shareholders | $739.7 | $661.7 | $749.0 |
| Earnings Per Share | |||
| Basic Earnings Per Share | $1.63 | $1.59 | $1.84 |
| Diluted Earnings Per Share | $1.62 | $1.48 | $1.70 |
| Basic Average Common Shares Outstanding | 454.2 | 416.1 | 407.1 |
| Diluted Average Common Shares | 456.0 | 447.9 | 442.7 |
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