NISOURCE INC.
For the period ended Mar 31, 2026. Filed May 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 6, 2026
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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Condensed Statements of Consolidated Cash Flows (unaudited)
| Three Months Ended March 31, (in millions) | 2026 | 2025 |
|---|---|---|
| Operating Activities | ||
| Net Income | $556.2 | $526.7 |
| Adjustments to Reconcile Net Income to Net Cash from Operating Activities: | ||
| Depreciation and amortization | 288.3 | 258.6 |
| Deferred income taxes and investment tax credits | 75.8 | 91.3 |
| Payments for asset retirement obligations | (15.5) | (10.4) |
| Other adjustments | 18.3 | 7.1 |
| Changes in Assets and Liabilities: | ||
| Components of working capital(1) | (531.5) | (205.3) |
| Regulatory assets/liabilities | 50.5 | 10.3 |
| Other noncurrent liabilities and deferred credits and charges | 0.2 | 8.1 |
| Net Cash Flows from Operating Activities | 442.3 | 686.4 |
| Investing Activities | ||
| Capital expenditures | (805.2) | (637.3) |
| Milestone payments to renewable generation asset developers | — | (554.2) |
| Advanced deposits | (22.4) | (125.3) |
| Other investing activities | (45.0) | (35.9) |
| Net Cash Flows used for Investing Activities | (872.6) | (1,352.7) |
| Financing Activities | ||
| Proceeds from issuance of long-term debt | — | 741.5 |
| Repayments of finance lease obligations | (5.9) | (5.5) |
| Net change in commercial paper and other short-term borrowings | 555.0 | 166.4 |
| Issuance of common stock, net of issuance costs | 3.9 | 3.2 |
| Equity costs, premiums and other debt related costs | (22.7) | (15.4) |
| Contributions from NIPSCO and GenCo minority interest holders | 33.5 | 34.8 |
| Distribution to NIPSCO minority interest holders | (19.9) | (17.5) |
| Distributions to tax equity partners | (3.2) | (4.1) |
| Dividends paid - common stock | (149.0) | (132.0) |
| Net Cash Flows from Financing Activities | 391.7 | 771.4 |
| Change in cash, cash equivalents and restricted cash | (38.6) | 105.1 |
| Cash, cash equivalents and restricted cash at beginning of period | 135.7 | 198.6 |
| Cash, Cash Equivalents and Restricted Cash at End of Period | $97.1 | $303.7 |
| (1) Refer to Note 17, "Supplemental Disclosures of Cash Flow Information," for additional information. | ||
Reconciliation to Balance Sheet
| (in millions) | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Cash and cash equivalents | 71.9 | 110.1 |
| Restricted cash | 25.2 | 25.6 |
| Total Cash, Cash Equivalents and Restricted Cash | 97.1 | 135.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.