Southwest Gas Holdings Inc

For the period ended Dec 31, 2023. Filed Feb 28, 2024.

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FY2023 · Filed Feb 28, 2024

SWX$92.05-0.4%Stored close · as of Nov 10, 2026

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Contents

Southwest Gas Corporation Consolidated Balance Sheets

	December 31,
	2023	2022
ASSETS
Regulated operations plant:
Gas plant	$10,140,362	$9,453,907
Less: accumulated depreciation	(2,822,669)	(2,674,157)
Construction work in progress	200,549	244,750
Net regulated operations plant	7,518,242	7,024,500
Other property and investments, net	152,658	169,397
Current assets:
Cash and cash equivalents	71,154	51,823
Accounts receivable, net of allowance	269,195	234,081
Accrued utility revenue	93,000	88,100
Income taxes receivable, net	26	103
Deferred purchased gas costs	552,885	450,120
Receivable from parent	—	2,130
Prepaid and other current assets	188,138	401,789
Current assets held for sale	21,376	—
Total current assets	1,195,774	1,228,146
Noncurrent assets:
Goodwill	11,155	11,155
Deferred charges and other assets	390,742	370,483
Total noncurrent assets	401,897	381,638
Total assets	$9,268,571	$8,803,681
CAPITALIZATION AND LIABILITIES
Capitalization:
Common stock	$49,112	$49,112
Additional paid-in capital	2,156,577	1,622,969
Accumulated other comprehensive loss, net	(40,548)	(38,261)
Retained earnings	1,018,474	935,355
Total equity	3,183,615	2,569,175
Long-term debt, less current maturities	3,501,543	3,251,296
Total capitalization	6,685,158	5,820,471
Commitments and contingencies (Note 10)
Current liabilities:
Short-term debt	—	225,000
Accounts payable	215,744	497,046
Customer deposits	48,460	51,182
Accrued general taxes	58,053	67,094
Accrued interest	34,955	29,569
Payable to parent	1,711	—
Other current liabilities	271,899	150,817
Total current liabilities	630,822	1,020,708
Deferred income taxes and other credits:
Deferred income taxes and investment tax credits, net	749,836	683,948
Accumulated removal costs	458,000	445,000
Other deferred credits and other long-term liabilities	744,755	833,554
Total deferred income taxes and other credits	1,952,591	1,962,502
Total capitalization and liabilities	$9,268,571	$8,803,681

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.