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ScheduleGasStorageProjectsAbstract 2021-01-01 2021-12-31 C000995 ScheduleGasStorageProjectsByCapacitiesAbstract 2021-01-01 2021-12-31 C000995 ScheduleAuxiliaryPeakingFacilitiesAbstract 2021-01-01 2021-12-31 C000995 1 2021-01-01 2021-12-31 C000995 1 2021-12-31 C000995 2 2021-01-01 2021-12-31 C000995 2 2021-12-31 C000995 3 2021-01-01 2021-12-31 C000995 3 2021-12-31 C000995 1 2021-01-01 2021-12-31 C000995 1 2021-12-31 C000995 1 2020-12-31 C000995 6 2021-01-01 2021-12-31 C000995 7 2021-01-01 2021-12-31 C000995 8 2021-01-01 2021-12-31 C000995 9 2021-01-01 2021-12-31 C000995 ferc:PayrollBilledByAffiliatedCompaniesMember 2021-01-01 2021-12-31 C000995 2 2021-01-01 2021-12-31 C000995 3 2021-01-01 2021-12-31 C000995 4 2021-01-01 2021-12-31 C000995 5 2021-01-01 2021-12-31 C000995 6 2021-01-01 2021-12-31 C000995 6 2021-01-01 2021-12-31 C000995 1 2021-01-01 2021-12-31 C000995 3 2021-01-01 2021-12-31 C000995 5 2021-01-01 2021-12-31 C000995 7 2021-01-01 2021-12-31 C000995 9 2021-01-01 2021-12-31 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ferc:GasUtilityMember 1 2021-01-01 2021-12-31 C000995 ferc:GasUtilityMember 1 2021-12-31 C000995 1 2021-01-01 2021-12-31 C000995 2 2021-01-01 2021-12-31 C000995 3 2021-01-01 2021-12-31 C000995 1 2021-01-01 2021-12-31 C000995 1 2020-12-31 C000995 1 2021-12-31 C000995 ferc:GasUtilityMember 1 2021-01-01 2021-12-31 C000995 3 2021-01-01 2021-12-31 C000995 3 2020-12-31 C000995 3 2021-12-31 C000995 ferc:GasUtilityMember 3 2021-01-01 2021-12-31 C000995 4 2021-01-01 2021-12-31 C000995 4 2020-12-31 C000995 4 2021-12-31 C000995 ferc:GasUtilityMember 4 2021-01-01 2021-12-31 C000995 5 2021-01-01 2021-12-31 C000995 5 2020-12-31 C000995 ferc:GasUtilityMember 5 2021-01-01 2021-12-31 C000995 6 2021-01-01 2021-12-31 C000995 6 2021-12-31 C000995 ferc:GasUtilityMember 6 2021-01-01 2021-12-31 C000995 8 2021-01-01 2021-12-31 C000995 8 2020-12-31 C000995 8 2021-12-31 C000995 ferc:GasUtilityMember 8 2021-01-01 2021-12-31 C000995 9 2021-01-01 2021-12-31 C000995 9 2021-12-31 C000995 ferc:GasUtilityMember 9 2021-01-01 2021-12-31 C000995 10 2021-01-01 2021-12-31 C000995 10 2020-12-31 C000995 11 2021-01-01 2021-12-31 C000995 11 2021-12-31 C000995 ferc:GasUtilityMember 11 2021-01-01 2021-12-31 C000995 13 2021-01-01 2021-12-31 C000995 13 2021-12-31 C000995 1 2021-01-01 2021-12-31 C000995 2 2021-01-01 2021-12-31 C000995 3 2021-01-01 2021-12-31 C000995 4 2021-01-01 2021-12-31 C000995 1 2021-01-01 2021-12-31 C000995 1 2021-12-31 C000995 2 2021-01-01 2021-12-31 C000995 2 2021-12-31 C000995 ferc:FullyOwnedAndOperatedByRespondentMember 2021-12-31 C000995 ferc:JointlyOwnedAndOperatedByRespondentMember 2021-12-31 C000995 ferc:NotOperatedByRespondentMember 2021-12-31 C000995 ferc:FullyOwnedAndOperatedByRespondentMember 2021-01-01 2021-12-31 C000995 ferc:JointlyOwnedAndOperatedByRespondentMember 2021-01-01 2021-12-31 C000995 ferc:NotOperatedByRespondentMember 2021-01-01 2021-12-31 C000995 30 Cheyenne Plains Gas Pipeline Company, LLC 2021-01-01 2021-12-31 C000995 31 Cheyenne Plains Gas Pipeline Company, 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3209186 4310245 1706681 7375423 5206797 71197 134547 7222095 8204127 23515568 20603705 278121 293850 31086981 29236229 267304360 274394436 33530767 40368252 33530767 40368252 12044953 7430770 12044953 7430770 283754 255133 283754 255133 12196801 12195248 12196801 12195248 238069 237097 238069 237097 250589 630971 250589 630971 5960012 1121153 5960012 1121153 4251786 4872787 4251786 4872787 30 865276 30 865276 -16335 219665 -16335 219665 2911383 2928396 2911383 2928396 636284 385798 636284 385798 25564734 28128392 25564734 28128392 7966033 12239860 7966033 12239860 30474 65699 1922 32396 65699 1358 1047 3 1361 1047 13797 2588 8079 8079 16385 22956 48267 3891 4355 1790 2101 4355 7986888 12283772 7986888 12283772 12283772 7986888 Distributions of Earnings to Member 211 -7307465 -14232078 Balance Transferred from Income (Acct 433 less Acct 418.1) 7986888 12283772 1 2 Amortization of intangible plant 238069 237097 238069 237097 1 Change in gas owed to system -322899 -18331 Change in miscellaneous deferred debits 2856 Change in other deferred credits -63350 94913 -386249 79438 1 2 3 Distributions to Member 21437043 30932435 21437043 30932435 1 424313 2372619 1103736 435020704 435020704 435020704 435020704 7536 435028240 203596552 231431688 200110777 200110777 3485775 3485775 203596552 203596552 8312417 20467 8332884 8312417 20467 8332884 56000 56000 9942767 9942767 1595997 1595997 286279935 286279935 67605535 168246 72197 -535 67701049 27187273 20472 27207745 3890776 21148 13004 535 3899455 29697178 29697178 426255461 209866 85201 426380126 115439 115439 28227 72975 101202 42777 11707 54484 36569 36569 223012 84682 307694 223012 84682 307694 434790890 315015 85201 435020704 434790890 315015 85201 435020704 238069 238069 12189600 12189600 7201 7201 12196801 238069 12434870 Advance of Def. Income Taxes to Member 18915791 2450391 21366182 2450391 1 Deferred Park and Loan Revenue 134547 489.2 217709 154359 71197 217709 154359 1 Gas Imbalance Due to Others 4310245 1 12 12 29 29 55 55 4573845 5031 2623504 2628535 3654235 4830 3422414 3427244 4757020 5708 3547641 3553349 28 28 28 28 4573845 5031 2623516 2628547 3654235 4830 3422443 3427273 4757020 5708 3547724 3553432 4055 4055 Other (less than $250,000) 154950 154950 1 Miscellaneous Construction Projects Under $1,000,000 7536 1 0 Kinder Morgan, Inc. M DE 1.0000 Kinder Morgan GP LLC I DE 0.0242 Kinder Morgan Energy Partners, L.P. D DE 1.0000 1 2 3 false 0 0 1 Federal Energy Regulatory Commission 2021 Annual Charge Adjustment (Amortized over 1 year) 178149 178149 178149 182.3 44544 133605 Federal Energy Regulatory Commission 2020 Annual Charge Adjustment (Amortized over 1 year) 173608 173608 130203 182.3 130203 0 351757 351757 130203 178149 174747 133605 1 2 0 239527097 -11788877 227738220 0 FT-1 100952 182854 33061961 39734678 33162913 39917532 90605825 145057976 IT-1 668 1488 1799 -12211 2467 -10723 607669 1156083 PAL 360730 214095 360730 214095 Total 101620 184342 33424490 39936562 33526110 40120904 91213494 146214059 1 2 3 4 854 457143 5127938 Mains Expense 856 372480 2323085 829623 7451023 5 602 1303 602 1303 101620 184342 33424490 39936562 33526110 40120904 91213494 146214059 4055 246045 4055 246045 101620 184342 33429147 40183910 33530767 40368252 101620 184342 33429147 40183910 1483397 1483397 1121086 1121086 2604483 2604483 192884 192884 192884 192884 1676281 1676281 1121086 1121086 2797367 2797367 2797367 2797367 2797367 2797367 6730798 149198 958648 1006527 2426665 901741 1022893 2323085 714247 1737140 -20236 -59596 -2208478 -1542752 -2208478 -1542752 478164 640383 118237 116190 538255 491425 5127938 1022893 371356 400565 3531860 1885679 319522 322289 1268765 1271022 166032 166091 11006 9357 11931135 6325894 250 220011 191372 59024 58154 4539 5072 180 285 283754 255133 12214889 6581027 1121086 1389376 12979 13468 133280 141623 50276 47006 87547 98159 531980 174747 199897 132694 110521 89377 115598 2322296 2647628 2322296 2647628 12328707 7685903 293850 15729 278121 293850 15729 278121 15729 247435 13244 234191 46415 2485 43930 Net salvage / (cost of removal) 7480 Change in customer advances for construction -75 7480 -75 1 2 COMPRESSION false Colorado Interstate Gas Company (Red Cloud) true Received from: Colorado Interstate Gas Company ( Red Cloud) true Payment Company: Colorado Interstate Gas Company, LLC true 1268765 4855641 4855641 1 2 3 4 Other (less than $250,000) 1358 Other (less than $250,000) 3 Third Party Deposit Interest (FERC interest rate) 3891 1 3 5 7 9 10 12 13 15 17 18 Matthew J. Wojtalewicz Vice President and Controller 1001 Louisiana Street, Suite 1000, Houston, TX 77002 true false Cheyenne Plains Gas Pipeline Company, L.L.C. (CPG) is a Delaware limited liability company originally organized as a corporation on February 12, 2003. On November 4, 2003 CPG filed with the State of Delaware a Certificate of Conversion from a corporation to a limited liability company, pursuant to Section 266 of the Delaware General Corporation Law and Section 18-214 of the Delaware Limited Liability Company Act. 2003-11-04 Respondent is engaged in the transmission of natural gas in the states of Colorado and Kansas. false 188006880 188006880 12196801 12196801 12196801 12196801 85201 85201 9025 9025 1545 1545 92681 92681 Cost of removal transferred from affiliate 223 223 200110777 200110777 200066354 200066354 44423 44423 8 1818734 250439 7599 2061574 1818734 250439 7599 2061574 250439 7599 1531434 210336 6399 1735371 287300 40103 1200 326203 Transfer from Account 216 7307465 Transfer from Account 236 -109690 Transfer from Account 186 2450391 Distributions to Member -21437043 1 2 3 4 1404592 Net Operating Loss Carryforward 1404592 1864615 Federal Income Tax 418593 State Deferred Income Tax 12434870 Book Depreciation and Amortization 63067 AFUDC Equity - Regulatory Asset 1358 Lobbying Expense 14782503 1790 AFUDC - Book Capitalized Interest 1922 AFUDC Equity - Book Capitalized Amount 20410 Capitalized Overhead - Book 63350 Deferred Revenue 87472 24079031 Tax Depreciation and Amortization 7480 Cost of Removal 24086511 0 0 21% of Taxable Income 30 Return to Provision/Other 30 Federal Income Tax - Current 5 8 9 10 11 12 15 16 17 18 21 22 26 27 28 29 30 31 20603705 2911383 480 23515568 20603705 2911383 480 23515568 2911383 480 17348995 2451478 404 19800877 3254710 459905 76 3714691 426324 0.0286 308 0.0286 Intangible Plant (footnote details) 8333 0.0286 9 45874 16017 61891 214924 75042 289966 See Footnote 45874 16017 61891 214924 75042 289966 20938 7311 28249 98097 34252 132349 854 810 20938 7311 28249 98097 34252 132349 12063 4212 16275 56516 19734 76250 Various 810/812 12063 4212 16275 56516 19734 76250 29458 10286 39744 138014 48191 186205 29458 10286 39744 138014 48191 186205 -16585 -5792 -22377 -77703 -27135 -104838 -16585 -5792 -22377 -77703 -27135 -104838 Gas due from shippers 16585 5792 22377 77703 27135 104838 182.3/407.3 254/407.4 16585 5792 22377 77703 27135 104838 13749111 500528 14249639 41001 9034 50035 210721 46429 257150 41001 9034 50035 210721 46429 257150 22248 4903 27151 114341 25199 139540 854 810 22248 4903 27151 114341 25199 139540 25500 5620 31120 131054 28885 159939 Various 810/812 25500 5620 31120 131054 28885 159939 36408 8024 44432 187115 41239 228354 36408 8024 44432 187115 41239 228354 -43155 -9513 -52668 -221789 -48894 -270683 -43155 -9513 -52668 -221789 -48894 -270683 Gas due from shippers 43155 9513 52668 221789 48894 270683 182.3/407.3 254/407.4 43155 9513 52668 221789 48894 270683 26435 9188 35623 124612 43311 167923 26435 9188 35623 124612 43311 167923 10595 3682 14277 49944 17356 67300 854 810 10595 3682 14277 49944 17356 67300 17199 5977 23176 81075 28175 109250 Various 810/812 17199 5977 23176 81075 28175 109250 23801 8271 32072 112196 38988 151184 23801 8271 32072 112196 38988 151184 -25160 -8742 -33902 -118603 -41208 -159811 -25160 -8742 -33902 -118603 -41208 -159811 Gas due from shippers 25160 8742 33902 118603 41208 159811 182.3/407.3 254/407.4 25160 8742 33902 118603 41208 159811 Colorado CO Fully Owned and Operated by Respondent 214.7 Kansas KS Fully Owned and Operated by Respondent 198.2 412.9 0 0 412.9 1 2 3 4 5 6 Deferred Income Tax Rate Adjustment (amortized through May 2040) 7157994 411.1 370116 6787878 Revenue Sharing 425005 142 423206 373929 375728 Fuel Tracker 531076 Various 2514874 2042287 58489 Electric Power Cost Tracker 90052 182.3 90052 0 3398248 2416216 1 2 3 4 Account 489.1, Revenues from transportation of gas of others through gathering facilities. Account 489.2, Revenues from transportation of gas of others through transmission facilities. 31232754 69552726 Account 489.4, Revenues from storing gas of others. Account 495, Other gas revenues. 31232754 69552726 1 2 3 4 FT-1 4573845 5031 2586696 2591727 3654235 4830 3394322 3399152 4757020 5708 3519195 3524903 PAL 36808 36808 28092 28092 28446 28446 1 2 Income Tax Gross-Up on AFUDC Equity Remaining life of assets Docket No. AI93-5-000 issued April 23, 1993 (Accounting for Income Taxes) 1178268 639 407.3 63706 1115201 FERC Annual Charge Adjustment 12 months ending September 30 18 CFR 154.402(a) and 18 CFR 382.202 130203 178149 928 174747 133605 Fuel Tracker Remaining balance at end of current filing period will be recovered through adjustments to future period fuel retention rates. Docket No. RP09-566-001 21140 2988622 Various 2013609 996153 Electric Power Cost Tracker Remaining balance at end of current filing period will be recovered through adjustments to future period electric power cost rates. Docket No. RP14-630 509135 Various 449990 59145 3676545 2702052 1 2 3 4 12196801 12195248 2283178 2542598 1648764 -1334038 2044273 2143156 974493 -103560 -611916 64662 3712 21124075 30983569 322774 53063 3712 326542 52988 624847 25441 14663 -23587 312968 -51134 -21437043 -30932435 <div><p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">1. None</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">2. None<br/></font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">3. None</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">4. None</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">5. None</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">6. None</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">7. None</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">8. None</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">9. See page 122.1 Notes to Financial Statements, Note 2 "Summary of Significant Accounting Policies."</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">10. None</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">11. None</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">12. Changes made during the year ended December 31, 2021:</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Appointments:</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Christopher Graeter - Vice President and Treasurer</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Rob Perkins - Vice President</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Christa Robbins - Vice President</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Dayton Robertson - Vice President<br/></font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Resignations:</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Anthony B. Ashley - Vice President and Treasurer</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 21.3333px;">Tom Dender - Vice President<br/></font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 21.3333px;">Daniel G. Gredvig - Vice President</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Kristin M. Tatum - Vice President</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">13. N/A</font></p></div> 2621 641 Shared Services Allocations 129432 6 February 4, 2022 201944 44237 246181 201944 44237 246181 42748 5046 47794 Operational Balancing Agreements 164727 -258 164469 Park and Loan 5886 5886 213361 4788 218149 April 30 - May 2, 2021 1111534 69173 1180707 1632 1632 1111534 70805 1182339 Operational Balancing Agreements -17615 -1352 -18967 -17615 -1352 -18967 Cheyenne Plains Gas Pipeline Company, LLC 91213494 12985100 1018997 153045 4855641 692674 624361 91996 334089 55553 98046582 13978368 91213494 12985100 534118 4855641 692674 429599 69677 Off System Compressor Fuel 27544 4491 Net Gas Used for Other Utility Operations 372480 66080 Fuel & L&U Retention True Up 171651 -167 Line pack change 1403 44261 Imbalance Adjustments 4 97605930 13862120 440652 116248 98046582 13978368 30 31 32 33 34 30474 2808835 624847 3433682 30474 624847 30474 2808835 624847 3433682 Investment Advance - Open Account - Kinder Morgan, Inc. 8 7 5 4 2 1 <div><p>1. Construction Overhead: All construction is performed under a construction and operating agreement with our operator, Colorado Interstate Gas Company, L.L.C. Construction overheads are assigned to us on the same basis that Colorado Interstate Gas Company, L.L.C. uses for its own construction. (a) Overhead charges are intended to cover those indirect costs pertaining to construction activities for departments such as engineering, operations and accounting for their labor and related employee benefits and office space. The overhead amount capitalized is charged to all construction projects by applying a construction overhead clearing rate to direct project costs. (b) The overhead capitalized is primarily based on periodic studies to identify indirect capital costs that are not charged directly to construction projects. (c) Costs are accumulated in a blanket overhead project and distributed monthly to individual construction projects. (d) Different overhead rates are applied based on the nature of the construction project. (e) The basis for the differentiation in overhead rates stems from the economies of scale that are achieved with these projects. (f) Overheads are directly assigned to each project. 2. Allowance for Funds Used During Construction Allowance for funds used during construction is calculated below. 3. Net-of-Tax rate for borrowed funds Not Applicable.</p></div> 239951410 Cheyenne Plains Gas Pipeline Company, L.L.C. 1.0000 0.14 239951410 1.0000 43751 0.14 0.0405 0.0434 700198 2426665 2426665 958648 958648 -1145118 -1145118 1023097 294569 294569 3.4732 3.4732 Interconnect Imbalance 4684890 622516 542728 216456 FT-1 18020 6041 248662 6039 PAL 3806854 350911 1124849 307411 Cashouts 138324 39529 1051 4212 8648088 1018997 1917290 534118 1 2 3 4 Revaluation of Monthly Encroachments in Account 117.4 1145118 Loss on Settlement of Gas Imbalances 425 Revaluation of Imbalances -4981534 Revaluation of FL&U 3815755 1 2 3 4 Federal Income Tax Federal Tax Federal 83529 30 83529 30 30 Subtotal Federal Tax 83529 30 83529 30 30 State Income Tax - Colorado State Tax Colorado 12214 3 12214 3 3 0.0233 State Income Tax - Kansas State Tax Kansas 13947 4 13947 4 4 0.0266 Texas Margin Tax State Tax Texas 2020 4006 -3087 919 -3087 Texas Margin Tax State Tax Texas 2021 -13255 -13255 -13255 Subtotal State Tax 4006 26161 -16335 919 26161 -13248 -16335 Ad Valorem Tax - Colorado Ad Valorem Tax Colorado 2020 1726000 -16975 1684281 24744 -16975 Ad Valorem Tax - Colorado Ad Valorem Tax Colorado 2021 1510000 1510000 1510000 Ad Valorem Tax - Kansas Ad Valorem Tax Kansas 2020 1479180 1479180 Ad Valorem Tax - Kansas Ad Valorem Tax Kansas 2021 2557843 1279917 1277926 2557843 Subtotal Ad Valorem Tax 3205180 4050868 4443378 2812670 4050868 Use Tax - Colorado Sales And Use Tax Colorado 2021 187 484 -297 187 Subtotal Sales And Use Tax 187 484 -297 187 Payroll - FICA Tax Payroll Tax Federal 2021 196248 196248 196248 Payroll - Unemployment Tax Payroll Tax Federal 2021 4654 4654 4654 Subtotal Payroll Tax 200902 200902 200902 Miscellaneous Tax, Licenses and Fees Miscellaneous Other Tax Colorado 2021 16 16 16 Subtotal Miscellaneous Other Tax 16 16 16 109690 4235668 4645699 109690 4235481 187 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Cheyenne, CO Transmission Compressor Stations 3 30900 38637698 3681293 417313 403500 PT8046H 3 2021-02-13 Kirk, CO Transmission Compressor Stations 1 10310 18611884 1067511 88876 26099 PT339H 1 2021-02-16 Yuma, CO Transmission Compressor Stations 2 2000 12047464 371356 137027 8284371 PT8679H 2 2021-01-06 Subtotal Transmission Compressor Stations 6 43210 69297046 4748804 371356 643216 429599 8284371 PT17064H 6 69297046 1 2 3 4 William E. Morgan Vice President, Operational Controller /s/ William E. Morgan 2022-03-17 2 Cheyenne Plains Gas Pipeline Company, L.L.C. C000995 2021 Q4 1001 Louisiana Street, Suite 1000, Houston, TX 77002 James M. Brossett Director, Financial Reporting 2 North Nevada Avenue, Colorado Springs, CO 80903 719-520-4721 O 2021-12-31 <div><p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">1. General</font></strong></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; text-indent: .5in; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We are a Delaware limited liability company formed in 2003. When we refer to "us," "we," "our," "the Company," or "Cheyenne Plains," we are describing Cheyenne Plains Gas Pipeline Company, L.L.C. We are an indirect wholly owned subsidiary of Kinder Morgan, Inc. (KMI).</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Our system consists of approximately 413 miles of natural gas pipeline which extends from the Cheyenne Hub in Weld County, Colorado southeasterly to various interconnections near Greensburg, Kansas. The physical operation of our system is performed by an affiliate, Colorado Interstate Gas Company, L.L.C. (CIG).</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2. Summary of Significant Accounting Policies</font></strong></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Basis of Presentation</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We have prepared our accompanying financial statements in accordance with the accounting requirements of the Federal Energy Regulatory Commission (FERC) as set forth in its applicable Uniform System of Accounts and published accounting releases, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America (GAAP).</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">The most significant differences between GAAP and the financial statements presented herein are: (i) the deferral of certain costs and revenues, (ii) the classification of certain accounts on the balance sheet and statement of income, and iii) the inclusion and classification of income taxes in a limited liability company's financial statements.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Management has evaluated subsequent events through March 17, 2022, the date the financial statements were available to be issued.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Coronavirus Diseases 2019 (COVID-19)</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black; background: white;">The COVID-19 pandemic resulted in reductions in energy demand and the dramatic decline in commodity prices in 2020. Sharp declines in the supply of and demand for energy related commodities due to the economic shutdown in the wake of the pandemic also affected the energy industry during 2020. The sustainability of the economic recovery observed in 2021 remains unclear as efforts to combat the virus have been complicated by new variants. Further, significant uncertainty remains regarding the duration and extent of the impact of the pandemic (including the pace and efficacy of vaccination efforts) on the energy industry, including demand and prices for hydrocarbons, and our ability to reasonably predict the potential impact of COVID-19 on our business and operations.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; text-indent: .25in; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Use of Estimates</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Certain amounts included in or affecting our financial statements and related disclosures must be estimated, requiring us to make certain assumptions with respect to values or conditions which cannot be known with certainty at the time our financial statements are prepared. These estimates and assumptions affect the amounts we report for assets and liabilities, our revenues and expenses during the reporting period, and our disclosures, including those related to contingent assets and liabilities at the date of our financial statements. We evaluate these estimates on an ongoing basis, utilizing historical experience, consultation with experts and other methods we consider reasonable in the particular circumstances. Nevertheless, actual results may differ significantly from our estimates. Any effects on our business, financial position or results of operations resulting from revisions to these estimates are recorded in the period in which the facts that give rise to the revision become known.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Certain accounting policies are of more significance in our financial statement preparation process than others, and set out below are the principal accounting policies we apply in the preparation of our financial statements.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Cash Equivalents</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We define cash equivalents as all highly liquid short-term investments with original maturities of three months or less.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Allowance for Credit Losses</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We evaluate our financial assets measured at amortized cost and off-balance sheet credit exposures for expected credit losses over the contractual term of the asset or exposure. We consider available information relevant to assessing the collectability of cash flows including the expected risk of credit loss even if that risk is remote. We measure expected credit losses on a collective (pool) basis when similar risk characteristics exist and we reflect the expected credit losses on the amortized cost basis of the financial asset as of the reporting date.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Our financial instruments primarily consist of our accounts receivable from customers and note receivable from affiliate. We utilized historical analysis of credit losses experienced over the previous five years along with current conditions and reasonable and supportable forecasts of future conditions in our evaluation of collectability of our financial assets.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We had no allowance for credit losses recorded as of December 31, 2021 and 2020.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Natural Gas Imbalances</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Natural gas imbalances occur when the amount of natural gas delivered from or received by a pipeline system differs from the scheduled amount of gas to be delivered or received. We value these imbalances due to or from shippers and operators at current index prices. Imbalances are settled in cash or made up in-kind, subject to the terms of our FERC tariff. Imbalances due from others are reported on our balance sheets as part of Account 174 "Miscellaneous Current and Accrued Assets." Imbalances owed to others are reported on our balance sheets as part of Account 242 "Miscellaneous Current and Accrued Liabilities." We classify all imbalances due from or owed to others as current as we expect to settle them within a year.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Property, Plant and Equipment</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Our property, plant and equipment is recorded at its original cost of construction or, upon acquisition, at either the fair value of the assets acquired or the cost to the entity that first placed the asset in utility service. For constructed assets, we capitalize all construction-related direct labor and material costs, as well as indirect construction costs. Our indirect construction costs primarily include an interest and equity return component (as more fully described below) and labor and related costs associated with supporting construction activities. The indirect capitalized labor and related costs are based upon estimates of time spent supporting construction projects. We expense costs for routine maintenance and repairs in the period incurred.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We use the composite method to depreciate property, plant and equipment. Under this method, assets with similar economic characteristics are grouped and depreciated as one asset. The FERC-accepted depreciation rate is applied to the total cost of the group until the net book value equals the salvage value. For certain general plant, the asset is depreciated to zero. As part of periodic filings with the FERC, we also re-evaluate and receive approval for our depreciation rates. When property, plant and equipment is retired, accumulated depreciation and amortization is charged for the original cost of the assets in addition to the cost to remove, sell or dispose of the assets, less salvage value. We do not recognize gains or losses unless we sell land or an entire operating unit (as approved by the FERC).</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We capitalize a carrying cost (an allowance for funds used during construction or AFUDC) on debt and equity funds related to the construction of long-lived assets. This carrying cost consists of a return on the investment financed by debt and a return on the investment financed by equity. The debt portion is calculated based on our most recent FERC approved debt rate. Interest costs capitalized are included as a reduction to interest charges in Account 432 "Allowance for Borrowed Funds Used During Construction - Credit" on our income statements. The equity portion is calculated based on our most recent FERC approved rate of return. Equity amounts capitalized are included in Account 419.1 "Allowance for Other Funds Used During Construction" on our income statements.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Asset Retirement Obligations (ARO)</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We record liabilities for obligations related to the retirement and removal of long-lived assets used in our business. We record, as liabilities, the fair value of ARO on a discounted basis when they are incurred and can be reasonably estimated, which is typically at the time the assets are installed or acquired. Amounts recorded for the related assets are increased by the amount of these obligations. Over time, the liabilities increase due to the change in their present value, and the initial capitalized costs are depreciated over the useful lives of the related assets. The liabilities are eventually extinguished when the asset is taken out of service.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We are required to operate and maintain our natural gas pipeline system, and intend to do so as long as supply and demand for natural gas exists, which we expect for the foreseeable future. Therefore, we believe that we cannot reasonably estimate the ARO for the substantial majority of our assets because these assets have indeterminate lives. We continue to evaluate our ARO and future developments could impact the amounts we record. We had no ARO recorded as of December 31, 2021 and 2020.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Long-lived Asset Impairments</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We evaluate our long-lived assets for impairment when events or changes in circumstances indicate that the carrying values may not be recoverable. These events include changes in the manner in which we intend to use a long-lived asset, decisions to sell an asset and adverse changes in the legal or business environment such as adverse actions by regulators. If an event occurs and if an impairment is indicated, we adjust the carrying value of the asset downward, if necessary and upon regulatory approval, to its estimated recoverable value.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">There were no impairments for the years ended December 31, 2021 and 2020.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Revenue Recognition</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We segregate each class of revenue by account pursuant to the FERC's guidance under Code of Federal Regulations Title 18, Part 201.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Revenue from Contracts with Customers.</font></em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We review our contracts with customers using the following steps to recognize revenue based on the transfer of goods or services to customers and in amounts that reflect the consideration the company expects to receive for those goods or services. The steps include: (i) identify the contract; (ii) identify the performance obligations of the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and then (v) recognize revenue when (or as) the performance obligation is satisfied. Each of these steps involves management judgment and an analysis of the contract's material terms and conditions.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Our revenues are primarily generated from the transportation of natural gas under firm service customer contracts with take-or-pay elements (principally for capacity reservation) where both the price and quantity are fixed. Generally, for these contracts: (i) our promise is to transfer (or stand ready to transfer) a series of distinct integrated services over a period of time, which is a single performance obligation; (ii) the transaction price includes fixed and/or variable consideration which is determinable at contract inception and/or at each month end based on our right to invoice at month end for the value of services provided to the customer that month; and (iii) the transaction price is recognized as revenue over the service period specified in the contract as the services are rendered. In these arrangements, the customer is obligated to pay for services associated with its take-or-pay obligation regardless of whether or not the customer chooses to utilize the service in that period. Because we make the service continuously available over the service period, we recognize the take-or-pay amount as revenue ratably over the period based on the passage of time.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">The natural gas we receive under our transportation contracts remains under the control of our customers. In many cases, generally described as firm service, the customer generally pays a two-part transaction price that includes (i) a fixed fee reserving the right to transport natural gas in our facilities up to contractually specified capacity levels (referred to as "reservation") and (ii) a fee-based per-unit rate for quantities of natural gas actually transported. In our firm service contracts we generally promise to provide a single integrated service each day over the life of the contract, which is fundamentally a stand-ready obligation to provide services up to the customer's reservation capacity prescribed in the contract. Our customers have a take-or-pay payment obligation with respect to the fixed reservation fee component, regardless of the quantities they actually transport. In other cases, generally described as interruptible service, there is no fixed fee associated with these transportation services because the customer accepts the possibility that service may be interrupted at our discretion in order to serve customers who have firm service contracts. We do not have an obligation to perform under interruptible customer arrangements until we accept and schedule the customer's request for periodic service. The customer pays a transaction price on a fee-based per-unit rate for the quantities actually transported.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Contract Balances.</font></em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Contract assets and contract liabilities are the result of timing differences between revenue recognition, billings and cash collections. As of December 31, 2021 and 2020, contract asset and liability balances were immaterial.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Major Customers.</font></em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">For the year ended December 31, 2021, revenues from our two largest customers were approximately $16.4 million and $3.7 million, each of which exceeded 10% of our operating revenues. For the year ended December 31, 2020, revenues from our two largest customers were approximately $16.5 million and $4.3 million, each of which exceeded 10% of our operating revenues.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Legal Proceedings</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We are party to various legal, regulatory and other matters arising from the day-to-day operations of our business that may result in claims against the Company. Although no assurance can be given, we believe, based on our experiences to date and taking into account established reserves, that the ultimate resolution of such items will not have a material adverse impact on our business. We believe we have meritorious defenses to the matters to which we are a party and intend to vigorously defend the Company. When we determine a loss is probable of occurring and is reasonably estimable, we accrue an undiscounted liability for such contingencies based on our best estimate using information available at that time. If the estimated loss is a range of potential outcomes and there is no better estimate within the range, we accrue the amount at the low end of the range. We disclose contingencies where an adverse outcome may be material, or in the judgment of management, we conclude the matter should otherwise be disclosed.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We had no accruals for any outstanding legal proceedings as of December 31, 2021 and 2020.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Environmental Matters</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We capitalize or expense, as appropriate, environmental expenditures. We capitalize certain environmental expenditures required to obtain rights-of-way, regulatory approvals or permitting as part of the construction of facilities we use in our business operations. We accrue and expense environmental costs that relate to an existing condition caused by past operations, which do not contribute to current or future revenue generation. We generally do not discount environmental liabilities to a net present value, and we record environmental liabilities when environmental assessments and/or remedial efforts are probable and we can reasonably estimate the costs. Generally, our accrual of these environmental liabilities coincides with either our completion of a feasibility study or our commitment to a formal plan of action. We recognize receivables for anticipated associated insurance recoveries when such recoveries are deemed to be probable.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We routinely conduct reviews of potential environmental issues and claims that could impact our assets or operations. These reviews assist us in identifying environmental issues and estimating the costs and timing of remediation efforts. We also routinely adjust our environmental liabilities to reflect changes in previous estimates. In making environmental liability estimations, we consider the material effect of environmental compliance, pending legal actions against us, and potential third-party liability claims we may have against others. Often, as the remediation evaluation and effort progresses, additional information is obtained, requiring revisions to estimated costs. These revisions are reflected in our income in the period in which they are reasonably determinable.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We are subject to environmental cleanup and enforcement actions from time to time. In particular, the Comprehensive Environmental Response, Compensation and Liability Act generally imposes joint and several liability for cleanup and enforcement costs on current and predecessor owners and operators of a site, among others, without regard to fault or the legality of the original conduct, subject to the right of a liable party to establish a "reasonable basis" for apportionment of costs. Our operations are also subject to federal, state and local laws and regulations relating to protection of the environment. Although we believe our operations are in substantial compliance with applicable environmental laws and regulations, risks of additional costs and liabilities are inherent in our operations, and there can be no assurance that we will not incur significant costs and liabilities. Moreover, it is possible that other developments could result in substantial costs and liabilities to us, such as increasingly stringent environmental laws, regulations and enforcement policies under the terms of authority of those laws, and claims for damages to property or persons resulting from our operations.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Although it is not possible to predict the ultimate outcomes, we believe that the resolution of the environmental matters, and other matters to which we are a party, will not have a material adverse effect on our business. We had no accruals for any outstanding environmental matters as of December 31, 2021 and 2020.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Regulatory Assets and Liabilities</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; text-indent: .5in; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Regulatory assets and liabilities represent probable future revenues or expenses associated with certain charges and credits that are expected to be recovered from or returned to customers through the ratemaking process.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">3. Income Taxes</font></strong></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We are a limited liability company and are not subject to federal or state income taxes; however, all of our activities are included in the tax returns of KMI, which is a taxable C-corporation. Our approved rates include an allowance for income taxes, calculated as if we were a taxable corporation, and the FERC requires that we reflect such taxes in our financial statements.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We record current income taxes based on our taxable income and we provide for deferred income taxes to reflect estimated future tax payments and receipts. Deferred taxes represent the tax impacts of differences between the financial statement and tax bases of assets and liabilities and carryovers at each year end. We account for tax credits under the flow-through method, which reduces the provision for income taxes in the year the tax credits first become available. We reduce deferred tax assets by a valuation allowance when, based on our estimates, it is more likely than not that a portion of those assets will not be realized in a future period. The estimates utilized in the recognition of deferred tax assets are subject to revision, either up or down, in future periods based on new facts or circumstances. Income taxes charged to us are reflected in the accompanying comparative balance sheet in Account 236 "Taxes Accrued" and Accounts 190, 282, and 283 "Accumulated Deferred Income Taxes." A portion of the activity in Account 211 "Miscellaneous Paid-In Capital" reflects the income taxes assigned or advanced to our Member. Current income taxes assigned to our Member are transferred into Account 211 from Account 236. Deferred income taxes advanced to our Member are transferred into Account 211 with an offsetting adjustment to Account 186 "Miscellaneous Deferred Debits." For more information, see Note 4.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">The following table reflects the components of income tax expense included in net income (in millions):</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; text-indent: .5in; line-height: normal;"></p> <table class="MsoNormalTable" style="margin-left: 35.75pt; border-collapse: collapse; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 0in 0in 0in;" border="0" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; height: 30.0pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="395"></td> <td style="width: 340.25pt; border: solid windowtext 1.0pt; border-left: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" colspan="2" valign="top" width="265"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Year Ended December 31,</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 1; height: 31.5pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 31.5pt;" valign="top" width="395"></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 31.5pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2021</font></strong></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 31.5pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2020</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 2; height: 30.0pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="395"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Current:</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="130"></td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="134"></td> </tr> <tr style="mso-yfti-irow: 3; height: 30.0pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="395"> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal; padding-left: 30px;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Federal</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ -</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 0.9</font></p> </td> </tr> <tr style="mso-yfti-irow: 4; height: 30.0pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="395"> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal; padding-left: 30px;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">State</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">-</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">0.2</font></p> </td> </tr> <tr style="mso-yfti-irow: 5; height: 30.75pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.75pt;" valign="top" width="395"></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.75pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">-</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.75pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">1.1</font></p> </td> </tr> <tr style="mso-yfti-irow: 6; height: 26.25pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 26.25pt;" valign="top" width="395"></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 26.25pt;" valign="top" width="130"></td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 26.25pt;" valign="top" width="134"></td> </tr> <tr style="mso-yfti-irow: 7; height: 30.0pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="395"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Deferred:</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="130"></td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="134"></td> </tr> <tr style="mso-yfti-irow: 8; height: 30.0pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="395"> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal; padding-left: 30px;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Federal</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">1.9</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2.1</font></p> </td> </tr> <tr style="mso-yfti-irow: 9; height: 30.0pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="395"> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal; padding-left: 30px;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">State</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">0.4</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">0.4</font></p> </td> </tr> <tr style="mso-yfti-irow: 10; height: 30.75pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.75pt;" valign="top" width="395"></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.75pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2.3</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.75pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2.5</font></p> </td> </tr> <tr style="mso-yfti-irow: 11; mso-yfti-lastrow: yes; height: 30.75pt;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.75pt;" valign="top" width="395"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Total income tax expense</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.75pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 2.3</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.75pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 3.6</font></p> </td> </tr> </table> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; text-indent: .5in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">The differences between our actual income tax expense and the amount computed by applying the statutory federal income tax rate of 21% are summarized as follows (in millions):</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; text-indent: .5in; line-height: normal;"></p> <table class="MsoNormalTable" style="margin-left: 35.75pt; border-collapse: collapse; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 0in 0in 0in;" border="0" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="394"></td> <td style="width: 328.5pt; border: solid windowtext 1.0pt; border-left: none; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="266"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Year Ended December 31,</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 1;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="394"></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2021</font></strong></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="132"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2020</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 2;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="394"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Income tax expense at the statutory federal rate</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 2.2</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="132"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 3.3</font></p> </td> </tr> <tr style="mso-yfti-irow: 3;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="394"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">State income tax, net of federal income tax effect</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">0.4</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="132"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">0.6</font></p> </td> </tr> <tr style="mso-yfti-irow: 4;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="394"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Regulatory liability amortization</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">(0.3)</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="132"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">(0.3)</font></p> </td> </tr> <tr style="mso-yfti-irow: 5;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="394"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Total income tax expense</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 2.3</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="132"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 3.6</font></p> </td> </tr> <tr style="mso-yfti-irow: 6; mso-yfti-lastrow: yes;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="394"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Effective tax rate</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="134"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">22.1%</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="132"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">22.9%</font></p> </td> </tr> </table> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; text-indent: .5in; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; text-indent: .5in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">The following are the components of our net deferred tax liability (in millions):</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; text-indent: .5in; line-height: normal;"></p> <table class="MsoNormalTable" style="margin-left: 35.75pt; border-collapse: collapse; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 0in 0in 0in;" border="0" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"></td> <td style="width: 328.5pt; border: solid windowtext 1.0pt; border-left: none; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="257"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">December 31,</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 1;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2021</font></strong></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">2020</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 2;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Deferred tax liabilities:</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"></td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"></td> </tr> <tr style="mso-yfti-irow: 3;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal; padding-left: 30px;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Property, plant and equipment</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 23.5</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 20.6</font></p> </td> </tr> <tr style="mso-yfti-irow: 4;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal; padding-left: 30px;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Regulatory and other assets</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">0.3</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">0.3</font></p> </td> </tr> <tr style="mso-yfti-irow: 5;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Total deferred tax liabilities</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">23.8</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">20.9</font></p> </td> </tr> <tr style="mso-yfti-irow: 6;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"></td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"></td> </tr> <tr style="mso-yfti-irow: 7;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Deferred tax assets:</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"></td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"></td> </tr> <tr style="mso-yfti-irow: 8;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal; padding-left: 30px;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Regulatory liability</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">1.7</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">1.8</font></p> </td> </tr> <tr style="mso-yfti-irow: 9;"> <td style="width: 589.5pt; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt 0in 35px;" valign="top" width="402"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Other</font></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; text-align: right;" valign="top" width="130"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">0.4</font></td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; text-align: right;" valign="top" width="127"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">-</font></td> </tr> <tr> <td style="width: 589.5pt; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt 0in 5px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Total deferred tax assets</font></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; text-align: right;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">2.1</font></td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; text-align: right;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">1.8</font></td> </tr> <tr> <td style="width: 589.5pt; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt 0in 35px;"></td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; text-align: right;"></td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;"></td> </tr> <tr style="mso-yfti-irow: 10;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Net deferred tax liability</font></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 21.7</font></p> </td> <td style="width: 2.25in; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">$ 19.1</font></p> </td> </tr> <tr style="mso-yfti-irow: 11; mso-yfti-lastrow: yes;"> <td style="width: 589.5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"></td> <td style="width: 166.5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="130"></td> <td style="width: 2.25in; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="127"></td> </tr> </table> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">4. Related Party Transactions</font></strong></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Cash Management Program</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We participate in KMI's cash management program, which matches the short-term cash surpluses and needs of participating affiliates, thus minimizing total borrowings from outside sources. KMI uses the cash management program to settle intercompany transactions between participating affiliates. As of December 31, 2021 and 2020, we had a note receivable from KMI of approximately $2.8 million and $3.4 million, respectively. The interest rate on this note is variable and was 1.4% as of both December 31, 2021 and 2020. These amounts are included in Account 123 "Investments in Associated Companies" on our balance sheets.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Proprietary Capital</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">The following table reflects changes to our proprietary capital accounts resulting from distributions paid to our Member, as well as other changes in proprietary capital (in millions):</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <div align="center"> <table class="MsoNormalTable" style="border-collapse: collapse; border: none; height: 896px;" border="1" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"> <td style="width: 790.851px; border-top: none; border-bottom: none; border-left: none; border-image: initial; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 57px;" valign="top"></td> <td style="width: 777.812px; border-top: 1pt solid windowtext; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; padding: 0in 5.4pt; height: 57px;" colspan="8" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Year Ended December 31,</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 1;"> <td style="width: 790.851px; border-top: none; border-bottom: none; border-left: none; border-image: initial; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 57px;" valign="top"></td> <td style="width: 371.962px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 57px;" colspan="4" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">2021</font></strong></p> </td> <td style="width: 390.156px; border-top: 1pt solid windowtext; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-image: initial; border-left: none; padding: 0in 5.4pt; height: 57px;" colspan="4" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">2020</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 2;"> <td style="width: 790.851px; border-top: none; border-bottom: none; border-left: none; border-image: initial; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 57px;" valign="top"></td> <td style="width: 168.507px; border-top: none; border-bottom: none; border-left: none; border-image: initial; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 57px;" colspan="2" valign="top"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Account</font></strong></p> </td> <td style="width: 187.76px; border-top: 1pt solid windowtext; border-left: none; border-bottom: none; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 57px;" colspan="2" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Account</font></strong></p> </td> <td style="width: 167.413px; border-top: none; border-bottom: none; border-left: none; border-image: initial; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 57px;" colspan="2" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Account</font></strong></p> </td> <td style="width: 207.049px; border-top: none; border-bottom: none; border-left: none; border-image: initial; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 57px;" colspan="2" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Account</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 3;"> <td style="width: 790.851px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="top"></td> <td style="width: 168.507px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" colspan="2" valign="top"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">211</font></strong></p> </td> <td style="width: 187.76px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" colspan="2" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">216</font></strong></p> </td> <td style="width: 167.413px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" colspan="2" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">211</font></strong></p> </td> <td style="width: 207.049px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" colspan="2" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">216</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 4;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Balance - Beginning of Year</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">239.5</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">0.4</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">251.5</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">2.4</font></p> </td> </tr> <tr style="mso-yfti-irow: 5;"> <td style="width: 791.51px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 121.059px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 140.312px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 38.3681px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 115.99px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 159.601px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> </tr> <tr style="mso-yfti-irow: 6;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Net Income</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">8.0</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">12.2</font></p> </td> </tr> <tr style="mso-yfti-irow: 7;"> <td style="width: 791.51px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 121.059px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 140.312px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 38.3681px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 115.99px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> <td style="width: 159.601px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 20px;" valign="bottom"></td> </tr> <tr style="mso-yfti-irow: 8;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Transfer of net earnings from Account 216<font style="font-size: 12pt;">⁽¹⁾</font></font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">7.3</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(7.3)</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">14.2</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(14.2)</font></p> </td> </tr> <tr style="mso-yfti-irow: 9;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Transfer from Account 236<font style="font-size: 12pt;">⁽¹⁾</font></font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(0.1)</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">1.6</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 10;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Transfer from Account 186<font style="font-size: 12pt;">⁽¹⁾</font></font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">2.5</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">3.1</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 11;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Total Transfers</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">9.7</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(7.3)</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">18.9</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(14.2)</font></p> </td> </tr> <tr style="mso-yfti-irow: 12;"> <td style="width: 791.51px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 121.059px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 140.312px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 38.3681px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 115.99px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 159.601px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> </tr> <tr style="mso-yfti-irow: 13;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Distributions of pre-tax earnings</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(9.7)</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(18.9)</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"></td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 56px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 14;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Distributions as return of capital</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"></td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(11.8)</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"></td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"></td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(12.0)</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"></td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 15;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Total Distributions to Member</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(21.5)</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">(30.9)</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"></td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 61px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 16;"> <td style="width: 791.51px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 121.059px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 140.312px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 38.3681px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 115.99px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 34.3924px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> <td style="width: 159.601px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt; height: 23px;" valign="bottom"></td> </tr> <tr style="mso-yfti-irow: 17; mso-yfti-lastrow: yes;"> <td style="width: 790.191px; border-right: 1pt solid windowtext; border-bottom: 1pt solid windowtext; border-left: 1pt solid windowtext; border-image: initial; border-top: none; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Balance - End of Year</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 120.399px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">227.7</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 139.653px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">1.1</font></p> </td> <td style="width: 37.7083px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 115.33px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">239.5</font></p> </td> <td style="width: 33.7326px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 4.5pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 158.941px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 58px;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">0.4</font></p> </td> </tr> </table> </div> <p class="MsoNormal" style="margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="margin-bottom: 0.0001pt; text-align: justify; line-height: normal; padding-left: 210px;"><font style="font-size: 12.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">(1) Settlements of these amounts are made within equity and are considered non-cash financing activities.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Other Affiliate Balances and Activities</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">The following table summarizes our other balance sheet affiliate balances (in millions):</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <div align="center"> <table class="MsoNormalTable" style="border-collapse: collapse; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 0in 0in 0in;" border="0" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; height: 30.0pt;"> <td style="border: solid windowtext 1.0pt; border-bottom: solid windowtext 4.5pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" rowspan="2"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Account</font></strong></p> </td> <td style="width: 650.45pt; border: solid windowtext 1.0pt; border-left: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" rowspan="2" valign="top" width="343"></td> <td style="width: 377.7pt; border: solid windowtext 1.0pt; border-left: none; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" colspan="4" valign="bottom" width="264"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">December 31,</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 1; height: 30.0pt;"> <td style="width: 192.1pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" colspan="2" valign="bottom" width="133"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">2021</font></strong></p> </td> <td style="width: 185.6pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" colspan="2" valign="bottom" width="131"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">2020</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 2;"> <td style="border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">146</font></p> </td> <td style="border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Accounts receivable from associated companies</font></p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 166.8pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="106"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">0.1</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="29"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$</font></p> </td> <td style="width: 160.3pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="103"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">0.1</font></p> </td> </tr> <tr style="mso-yfti-irow: 3;"> <td style="border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">174</font></p> </td> <td style="border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Gas imbalances receivable from associated companies</font></p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"></td> <td style="width: 166.8pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="106"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">0.4</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="29"></td> <td style="width: 160.3pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="103"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">0.6</font></p> </td> </tr> <tr style="mso-yfti-irow: 4;"> <td style="border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">186</font></p> </td> <td style="border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Advance of deferred income taxes to Member</font></p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"></td> <td style="width: 166.8pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="106"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">21.4</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="29"></td> <td style="width: 160.3pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="103"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">18.9</font></p> </td> </tr> <tr style="mso-yfti-irow: 5; mso-yfti-lastrow: yes;"> <td style="border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">242</font></p> </td> <td style="border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-right: 3.75pt; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Gas imbalances payable to associated companies</font></p> </td> <td style="border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"></td> <td style="width: 166.8pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="106"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">2.6</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="29"></td> <td style="width: 160.3pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="103"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">0.6</font></p> </td> </tr> </table> </div> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We do not have employees and are operated by an indirect subsidiary of KMI; therefore KMI employees provide services to us. Under KMI policies, we reimburse KMI at cost for direct and indirect costs incurred on our behalf and allocated general and administrative costs. These costs are reflected, as appropriate, in the "Operation, maintenance and payroll tax expenses" and "Capitalized costs" lines in the table below.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">The following table shows costs from our affiliates (in millions):</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <div align="center"> <table class="MsoNormalTable" style="border-collapse: collapse; border: none; mso-border-alt: dashed #BBBBBB .75pt; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 0in 0in 0in;" border="1" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"> <td style="width: 8.5in; border: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 0in;" valign="top" width="466"></td> <td style="width: 271.9pt; border: solid windowtext 1.0pt; border-left: none; padding: 0in 5.4pt 0in 5.4pt;" colspan="4" valign="bottom" width="241"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Year Ended December 31,</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 1;"> <td style="width: 8.5in; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 0in;" valign="top" width="466"></td> <td style="width: 139.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="123"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">2021</font></strong></p> </td> <td style="width: 132.4pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="118"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">2020</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 2;"> <td style="width: 8.5in; border: solid windowtext 1.0pt; border-top: none; padding: 0in 5.4pt 0in 0in;" valign="bottom" width="466"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">Operation, maintenance and payroll tax expenses</font></p> </td> <td style="width: 19.9pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 0in;" valign="bottom" width="19"></td> <td style="width: 119.6pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 0in;" valign="bottom" width="104"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$ 5.2</font></p> </td> <td style="width: 15.4pt; border: none; border-bottom: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 0in;" valign="bottom" width="16"></td> <td style="width: 117.0pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 0in;" valign="bottom" width="102"> <p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">$ 5.6</font></p> </td> </tr> <tr style="mso-yfti-irow: 3; mso-yfti-lastrow: yes;"> <td style="width: 336.75pt; border: none; padding: 0in 0in 0in 0in;" width="466"></td> <td style="width: 15.0pt; border: none; padding: 0in 0in 0in 0in;" width="19"></td> <td style="width: 84.75pt; border: none; padding: 0in 0in 0in 0in;" width="104"></td> <td style="width: 12.75pt; border: none; padding: 0in 0in 0in 0in;" width="16"></td> <td style="width: 81.0pt; border: none; padding: 0in 0in 0in 0in;" width="102"></td> </tr> </table> </div> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Affiliate Agreements</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We have a compression agreement with CIG providing for compression services through January 2030. During each of the years ended December 31, 2021 and 2020, we incurred charges under this agreement of approximately $1.3 million, which are included in the table above.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">KMI and substantially all of its wholly owned domestic subsidiaries, including us, are a party to a cross guarantee agreement whereby each party to the agreement unconditionally guarantees, jointly and severally, the payment of specified indebtedness of each other party to the agreement.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">5. Rate and Regulatory Matters</font></strong></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Fuel Recovery Mechanism</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We obtain natural gas quantities from our shippers, in accordance with our tariff and applicable contract terms, as reimbursement for fuel consumed at compressor stations and other locations on our system as well as for natural gas quantities lost and otherwise unaccounted for. On an annual basis, we file a report detailing the fuel and lost and unaccounted for reimbursement activity. In this report, prospective fuel and lost and unaccounted for retention rates are established based both on historical and forecasted information. Volumetric over- or under-collections of fuel and lost and unaccounted for quantities from prior periods are trued-up through either an addition or reduction to the prospective fuel and lost and unaccounted for retention rates. For the years ended December 31, 2021 and 2020, we recorded a net regulatory benefit of $1.4 million and a net regulatory expense of $0.2 million, respectively, related to our fuel recovery mechanism.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><em><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">Electricity Recovery Mechanism</font></em></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">In 2014, we initiated a FERC approved tariff mechanism to track the electricity power costs at certain compressor stations and an amine gas processing facility on our system. On an annual basis, we file to update the prospective electric power cost charge. Our tariff provides that the difference between the amount of revenue received from the electric power cost charge and the amount of electric costs incurred over the applicable collection period be included in the calculation to update the electric power cost charge. For each of the years ended December 31, 2021 and 2020, we recorded a net regulatory benefit of $0.1 million related to the provisions of this tracker.</font></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">6. Commitments</font></strong></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"></p> <p class="MsoNormal" style="mso-margin-top-alt: auto; margin-bottom: .0001pt; text-align: justify; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black;">We have a compression agreement with CIG resulting in commitments to CIG as of December 31, 2021 of $10.4 million. Our annual commitments under these agreements are $1.3 million for each of the years 2022 through 2026, and $3.9 million in total thereafter.</font></p></div> FERC Form 2 CPGP System Map 2022.pdf See system map attached. 1 Directly Charged Salaries and Wages Kinder Morgan, Inc. Various 2449536 Other Compensation and Benefits Kinder Morgan, Inc. 926 422635 Shared Services Kinder Morgan, Inc. Various 1030487 Compression Agreement Colorado Interstate Gas Company, L.L.C. 858 1268765 Construction Overheads Kinder Morgan, Inc. 107 20410 5191833 2 3 4 5 6 See Page 102, "Control Over Respondent," for a description of our ownership structure. Kinder Morgan, Inc. directly owns 97.58% of Kinder Morgan Energy Partners, L.P. and 100% of Kinder Morgan GP LLC. See Page 332 for additional details on Transmission and Compression of Gas by Others. Rate for borrowed funds actually used during year is based upon the capital ratio of 69% long term debt specified by a Commission Order dated October 22, 2003 pursuant to Docket No. CP03-302 multiplied by the 5.87% long-term debt cost rate percentage. Our cost rate percentage for common equity is based on the approved rate in our original certificate in Docket No. CP03-302-004. In accordance with FERC Order No. 581, we use the fixed asset method. Account Amount 254 $ 41,854 407.3 163,872 813 1,807,883 Total $ 2,013,609 Recorded pursuant to Docket No. AI93-5-000 issued April 23, 1993 (Accounting for Income Taxes). Account Amount 182.3 $41,854 407.4 2,473,020 Total $2,514,874 Amounts charged are based on Kinder Morgan, Inc.'s other compensation and benefit expenses and are allocated to us based on the distribution of direct labor charges (excluding overtime and special pay). Amounts charged by Kinder Morgan, Inc. through shared services are allocated using the modified Massachusetts Formula. Many of the natural gas volumes required to be reported on this page are tracked at the entity level, rather than by discounted, negotiated or recourse rate contracts; therefore, the amounts reported have been allocated to discounted, negotiated or recourse rate contracts based on reasonable assumptions. The value of this gas is based on the current month cash-out price provided for in our tariff. This footnote applies to all periods within the quarter. Shipper supplied gas and gas lost and unaccounted for are not directly charged to an account. As directed under FERC Order No. 581, we record "Other Regulatory Assets/Liabilities" (Accounts 182.3 / 254) through offsetting entries booked to "Regulatory Debits/Credits", (Accounts 407.3/.4) for any excess or deficiency in net shipper supplied gas (Line 37). This footnote applies to Lines 4 and 26 for all periods within the quarter. Line 14 dekatherms do not include electric compressor stations. This footnote applies to all periods within the quarter. Account Amount 408.1 $ 162,059 850 439,911 851 118,237 853 233,792 856 559,445 857 132,012 863 133,327 864 55,018 865 4,539 920 611,196 Total $ 2,449,536 As of December 31, 2020, we estimate that no deferred tax balance in Account 283 could be used in the development of jurisdictional recourse rates. As of December 31, 2021, we estimate that no deferred tax balance in Account 283 could be used in the development of jurisdictional recourse rates. See page 218, "General Description of Construction Overhead Procedure" for the basis of allocation. Allowance for other funds used during construction $ 1,922 Allowance for borrowed funds used during construction 1,790 Total $ 3,712 Rate for other funds actually used during the year is based upon the capital ratio of 31% common equity specified by a Commission Order dated October 22, 2003 pursuant to Docket No. CP03-302 multiplied by the 14% common equity cost rate percentage. As of December 31, 2020, we estimate that the following deferred tax balance in Account 190 could be used in the development of jurisdictional recourse rates: Regulatory Liability - Def. Inc. Tax Rate Adjustments $ 1,785,179 As of December 31, 2021, we estimate that the following deferred tax balance in Account 190 could be used in the development of jurisdictional recourse rates: Regulatory Liability - Def. Inc. Tax Rate Adjustments $ 1,692,874 As of December 31, 2020, we estimate that the following deferred tax balance in Account 282 could be used in the development of jurisdictional recourse rates: Property, Plant and Equipment $ 20,521,644 As of December 31, 2021, we estimate that the following deferred tax balance in Account 282 could be used in the development of jurisdictional recourse rates: Property, Plant and Equipment $ 23,480,864 Recorded pursuant to Docket No. CP03-302. Revenue sharing dollars are refunded annually. Recorded pursuant to Docket No. RP09-566-001. Remaining balance at end of current filing period will be refunded through adjustments to future period fuel retention rates. Recorded pursuant to Docket No. RP14-630. These revenues are associated with park and loan agreements. The net monthly park and loan volume activity for the quarter is as follows: Dth Net Park/(Loan) Balance - Beginning of Quarter ( 43,000) Month 1 net activity - Month 2 net activity 140,000 Month 3 net activity ( 15,000) Net Quarterly Activity 125,000 Net Park/(Loan) Balance - End of Quarter 82,000 Transmission Plant (in thousands) Pg 204 Ln 92 Col (g) $ 426,380 Less: Land (56) $ 426,324 Account Amount 408.1 $ 38,843 920 509,890 923 78,469 925 87,547 926 97,675 930.2 129,432 931 88,631 Total $ 1,030,487 Dth (e) Dollars (i) Off System Gas Used - Dr. 854 / Cr. 810 915 $ 4,287 Other Gas Used - Dr. 856 / Cr. 812 15,360 71,963 Total Gas Used for Other Operations 16,275 $ 76,250 Dth (e) Dollars (i) Off System Gas Used - Dr. 854 / Cr. 810 2,830 $ 14,545 Other Gas Used - Dr. 856 / Cr. 812 28,290 145,394 Total Gas Used for Other Operations 31,120 $ 159,939 Dth (e) Dollars (i) Off System Gas Used - Dr. 854 / Cr. 810 746 $ 3,517 Other Gas Used - Dr. 856 / Cr. 812 22,430 105,733 Total Gas Used for Other Operations 23,176 $ 109,250 Account Amount 254 $ 90,052 407.3 359,938 Total $ 449,990 Industry Research: FIS Capital Markets US LLC Use tax is distributed to various accounts based on the accounts charged for the originating invoice. Transferred to Account 211 "Miscellaneous Paid-in Capital." Excludes $379,134 related to fuel paid for affiliate compression agreements. Excludes 27,544 Dth related to fuel paid for affiliate compression agreements.