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customer advances for construction 2017693 -2115972 2161142 -1743360 1 2 Distributions to Members 23100000 51700000 23100000 51700000 1 1 William E. Morgan Vice President, Operational Controller /s/ William E. Morgan 2022-03-29 2 Midcontinent Express Pipeline LLC C000235 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 Kinder Morgan, Inc. I DE 0.5000 Kinder Morgan Operating LLC "A" J DE 0.5000 Energy Transfer Partners, LP I DE 0.5000 ETC Midcontinent Express L.L.C. J DE 0.5000 1 2 3 4 192513 Health and Life Insurance 671317 Long-term Disability Insurance 18713 401K Employer Contributions 261174 Other 14394 1158111 6 7 8 9 2325416621 2325416621 2325416621 2325416621 1181991 1181991 2326598612 2326598612 836989180 836989180 1489609432 1489609432 830020493 830020493 6968687 6968687 836989180 836989180 20980381 20980381 20980381 20980381 2526704 2526704 60199193 60199193 1582579 81805 1664384 1894548642 124090 1894672732 299986183 3124648 2084311 301026520 41786740 41786740 2300630041 3330543 2084311 2301876273 596711 1803 598514 862954 63344 926298 838239 23136 861375 173780 173780 2471684 88283 2559967 2471684 88283 2559967 2324082106 3418826 2084311 2325416621 2324082106 3418826 2084311 2325416621 629411 629411 68960015 68960015 74552 74552 69034567 629411 69663978 Miscellaneous Construction Projects Under $1,000,000 1181991 28189 28189 1 763213686 763213686 69034567 69034567 69034567 69034567 2084311 2084311 143449 143449 2227760 2227760 830020493 830020493 829357233 829357233 663260 663260 10 11 12 13 14 22 23 24 25 26 517925 578504 80951621 103574035 81469546 104152539 459778454 462966616 10 10 10 10 17100 17100 517925 578504 80951631 103591145 81469556 104169649 517925 578504 80951631 103591145 81469556 104169649 854 5192755 24974830 Gas Used - Unaccounted For 813 -830713 -3675068 Gas Used - Heater Fuel 856 132914 639669 Gas Used - Vent Gas 856 10436 48225 Gas Used - Greenhouse Gas 856 25855 137923 4531247 22125579 5 6 7 8 Federal Energy Regulatory Commission 2020 Annual Charge Adjustment (Amortized over 1 year) 489287 489287 366965 182.3 366965 Federal Energy Regulatory Commission 2021 Annual Charge Adjustment (Amortized over 1 year) 563064 563064 563064 182.3 140766 422298 1052351 1052351 366965 563064 507731 422298 1 2 364595 26437 391032 1770947 128413 1899360 364595 26437 391032 1770947 128413 1899360 401858 29139 430997 1951945 141537 2093482 854 810 401858 29139 430997 1951945 141537 2093482 11548 837 12385 56091 4067 60158 856 812 11548 837 12385 56091 4067 60158 -115777 -8395 -124172 -562364 -40777 -603141 812 813 -115777 -8395 -124172 -562364 -40777 -603141 66966 4856 71822 325275 23586 348861 66966 4856 71822 325275 23586 348861 66966 4856 71822 325275 23586 348861 407.3/407.4 182.3/254 66966 4856 71822 325275 23586 348861 Gas due from shippers 252675 15248 267923 904779 54600 959379 252675 15248 267923 904779 54600 959379 431740 26054 457794 1545975 93294 1639269 854 810 431740 26054 457794 1545975 93294 1639269 13723 828 14551 49139 2965 52104 856 812 13723 828 14551 49139 2965 52104 -96346 -5814 -102160 -344995 -20819 -365814 812 813 -96346 -5814 -102160 -344995 -20819 -365814 -96442 -5820 -102262 -345340 -20840 -366180 -96442 -5820 -102262 -345340 -20840 -366180 Gas due from shippers 96442 5820 102262 345340 20840 366180 182.3/254 407.3/407.4 96442 5820 102262 345340 20840 366180 40841263 49009 6806694 6855703 39785694 47743 6250807 6298550 41051796 49262 6262133 6311395 40841263 49009 6806694 6855703 39785694 47743 6250807 6298550 41051796 49262 6262133 6311395 Advance of deferred income taxes to Members 97592501 211 8006462 89586039 82164 9000 97674665 8006462 89595039 1 204811 6869 197942 204811 6869 197942 204811 6869 197942 173693 4744 168949 31118 2125 28993 -7044483 -7044483 -22004992 -22004992 Contributions from Members 18000000 18000000 1 2490567 2490567 2427132 2427132 4917699 4917699 1043097 1043097 1043097 1043097 3533664 3533664 2427132 2427132 5960796 5960796 5960796 5960796 118622 118622 118622 118622 89009 89009 89009 89009 Account 186 19965 19965 19965 19965 6188392 6188392 9 9 9 Zone 1 - To Perryville 576192 815981 934920 1323998 Zone 2 - After Perryville to Transco Choctaw 407190 576647 359933 509723 Park and Loan 465428 659122 587927 832600 1448810 2051750 1882780 2666321 1 2 3 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA Not Prepared <div><p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">1. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">2. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">3. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">4. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">5. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">6. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">7. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">8. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">9. See Page 122.1 Notes to Financial Statements, Note 2, "Summary of Significant Accounting Policies."</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">10. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">11. None</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">12. Changes made during the year ended December 31, 2021:</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">Appointments:</font></p> <p style="margin-left: .25in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">Christopher <font style="border: none windowtext 1.0pt; mso-border-alt: none windowtext 0in; padding: 0in;">Graeter</font> - Vice President and Treasurer</font></p> <p style="margin-left: .25in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">David K. Dewey - Vice President </font></p> <p style="margin-left: .25in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">Kevin P. Grahmann - Vice President</font></p> <p style="margin-left: .25in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">Michael J. Pitta - Vice President</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">Resignations:</font></p> <p style="margin-left: .25in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">Anthony B. Ashley - Vice President and Treasurer</font></p> <p style="margin-left: .25in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">Henry M. Palmer Jr. - Vice President</font></p> <p style="margin-left: .25in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">Daniel G. Gredvig - Vice President</font></p> <p><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif; color: black;">13. N/A</font></p></div> Matthew J. Wojtalewicz Vice President and Controller 1001 Louisiana Street, Suite 1000, Houston, TX 77002 false Yes - false Organized as a Limited Liability Company in Delaware on March 1, 2007. 2007-03-01 Midcontinent Express Pipeline LLC was engaged in transportation of natural gas in the following states: Alabama, Louisiana, Mississippi, Oklahoma, and Texas. false 0 1 627831 110000 737831 Income Tax Gross-up on AFUDC Equity Remaining life of assets Docket No. AI93-5-000 issued April 23, 1993 (Accounting for Income Taxes) 827133 14081 407.3 36669 804545 FERC Annual Charge Adjustment 12 months ending September 30 18 CFR 154.402(a) and 18 CFR 382.202 366965 563064 928 507731 422298 Cashout Tracker Section 10.9 of the General Terms and Conditions of our tariff 188492 933922 407.3 1122414 Fuel Tracker - Zone 1 Section 36 of the General Terms and Conditions of our tariff 313808 1250134 407.3 1281228 282714 Fuel Tracker - Zone 2 Section 36 of the General Terms and Conditions of our tariff 64659 282951 407.3 347610 Fuel Tracker - Booster Section 36 of the General Terms and Conditions of our tariff 165604 1545522 407.3 1711126 1926661 4589674 5006778 1509557 1 2 3 4 5 6 1467005280 -31106462 1435898818 1435898818 81217096 Federal Net Operating Loss 81217096 69663978 Book Depreciation and Amortization 692990 Cashout Tracker 22588 AFUDC Regulatory Asset 2742 Non-Deductible Lobbying and Contributions 70382298 9622479 Federal Income Tax 1704634 State Deferred Income Tax 18679 AFUDC - Book Capitalized Interest 42786 AFUDC Equity - Book Capitalized Amount 416620 Capitalized Overhead - Book 6947077 Deferred Revenue 18752275 110698678 Tax Depreciation and Amortization 143449 Cost of Removal 110842127 0 0 21% of Taxable Income 0 Return to Provision/Other 0 Federal Income Tax - Current 5 8 9 10 11 14 15 16 17 18 19 22 23 27 28 29 30 31 32 Deferred Income Tax Rate Adjustment (amortized through February 2043) 73353193 411.1 3320652 70032541 Cashout Tracker 407.4 7730 512228 504498 Order 637 Penalty 27861 142 27930 46109 46040 Fuel Tracker - GLU 287808 407.4 3428703 4337745 1196850 Fuel Tracker - Zone 2 76956 76956 Fuel Tracker - Booster 527457 527457 73668862 6785015 5500495 72384342 1 2 3 4 5 6 4601 1183 Shared Services Allocations 173954 179738 6 2299350 0.0300 2560 0.0300 Intangible Plant (footnote details) 20980 0.0300 Other Gas Storage (footnote details) 9 10 Community Construction Inc 1075750 Holt Cat 324265 Other (less than $250,000) 1657641 3057656 1 2 3 Directly Charged Salaries and Wages Kinder Morgan, Inc. Various 5120108 Other Compensation and Benefits Kinder Morgan, Inc. Various 885641 Shared Services Kinder Morgan, Inc. Various 2502920 Construction Overheads Kinder Morgan, Inc. 107 416620 Park and Loan Agreement Tennessee Gas Pipeline Company L.L.C. 859 120000 9045289 Other Gas Revenues ETC Marketing 489.2 1175908 1175908 2 3 4 5 6 9 Alabama AL Fully Owned and Operated by Respondent 5.6 Louisiana LA Fully Owned and Operated by Respondent 204.1 Mississippi MS Fully Owned and Operated by Respondent 160 Oklahoma OK Fully Owned and Operated by Respondent 8.8 Texas TX Fully Owned and Operated by Respondent 134.2 512.7 0 0 512.7 1 2 3 4 5 6 7 8 9 10 11/14/2021 1208926 97487 1306413 69675 69675 Operational Balancing Agreements 268117 268117 1546718 97487 1644205 9093 9093 9093 9093 November 13 - 15, 2021 3633068 292457 3925525 209025 209025 Operational Balancing Agreements 704913 704913 4547006 292457 4839463 100810 100810 100810 100810 Gas imbalance Due to Others 1983445 Other (individual items less than $250,000) 4000 1987445 1 2 Deferred reservation revenue (amortized through July 2024) 24750853 489.2 6907212 17843641 Deferred park and loan revenue (amortized through October 2021) 39865 489.2 39865 24790718 6947077 17843641 1 2 Account 489.2 Revenues from transportation of others through transmission facilities 73357486 449620493 8038223 9991521 73357486 449620493 8038223 9991521 1 52749587 17547112 777 70295922 52749587 17547112 777 70295922 52749587 17547112 777 70295922 44735361 15267542 663 60002240 8014226 2279570 114 10293682 405820 34583 440403 2084941 177674 2262615 405820 34583 440403 2084941 177674 2262615 418857 35694 454551 2151920 183381 2335301 854 810 418857 35694 454551 2151920 183381 2335301 11931 1017 12948 61298 5224 66522 856 812 11931 1017 12948 61298 5224 66522 15720 1340 17060 80765 6883 87648 813 812 15720 1340 17060 80765 6883 87648 -40688 -3468 -44156 -209042 -17814 -226856 -40688 -3468 -44156 -209042 -17814 -226856 Gas due from shippers 40688 3468 44156 209042 17814 226856 182.3/254 407.3/407.4 40688 3468 44156 209042 17814 226856 121678753 121678753 Transfer from Account 186 -8006462 Distributions to Members -23100000 1 2 Other (less than $250,000) 2742 2742 Third party interest on deferred penalties 1605 1605 1 3 5 7 9 10 12 14 16 17 150137276 9536217 10526 159684019 150137276 9536217 10526 159684019 150137276 9536217 10526 159684019 127331137 8960811 8985 136300933 22806139 575406 1541 23383086 2325416621 2324082106 648638 2324730744 769552962 1555177782 1489609432 1555177782 434819 538969 870701 396142 8357580 8881595 5716747 6402562 122 12 294591 294591 751880 3001757 413535 18979341 17140305 161400518 152350913 1670424110 1725207969 1467005280 1406849343 1459960797 2202024 2472605 623046 556542 578900 148900 7920699 9840397 1183495 13312114 14201939 152709 2243566 250262653 251045233 1670424110 1725207969 81469556 104169649 24581818 29295688 24581818 29295688 4488401 3176599 4488401 3176599 69034567 68992284 69034567 68992284 629411 629411 629411 629411 8869441 699195 8869441 699195 6379052 2348244 6379052 2348244 13637349 16918915 13637349 16918915 9536217 9766607 9536217 9766607 20874633 15525513 20874633 15525513 103523519 111604942 103523519 111604942 -22053963 -7435293 -22053963 -7435293 1468 69979 42786 23717 1688 415900 45942 509596 2958 2742 2958 11303 126182 11303 126182 31897 380456 18679 10354 -17074 -10354 -22004992 -7044483 Change in gas owed to system 104150 10160 Change in prepayments 14049 -203582 Change in customer advances for construction 10000 Change in other deferred credits -39865 39865 78334 -143557 1 2 3 4 69034567 68992284 -11327113 -5632724 1902541 -3424237 128 -456577 -18409581 -417104 547776 2036132 -977728 61465 34071 29535648 33348672 3952179 6089174 61465 34071 6051856 4311743 -433248 448698 -6485104 -3863045 18000000 -23100000 -33700000 -49456 -4214373 9277737 13492110 9228281 538969 17608875 17608875 18277633 18277633 564608 564608 434819 138168 138168 3.1470 3.1470 Storage Encroachment Revaluation -564608 Imbalance Revaluation -1376152 LAUF -3675068 -5615828 1 2 3 FERC Form 2 MEP System Map 2022.pdf 1 -769773 214849 24347 38541 -745426 253390 -433970 1052495 18277633 5582164 17608875 5615749 9959538 -2849251 139975 10099513 184524 -28252045 -8642689 -28252045 -8642689 1116491 1144737 6045 5593 4302030 3952801 24974830 9959538 1857762 1462547 403746 355603 13704616 15402029 342044 220280 14744 3913 46722308 32507041 2073 3897 2117552 587116 2284763 2511381 80813 70240 675 2525 3965 4488401 3176599 51210709 35683640 334 334 2427132 2136485 66338 54194 454310 413845 598197 547671 536762 379709 998410 507731 594775 124857 183236 181056 6111555 5431002 6111555 5431002 29070219 32472287 0 <div><p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">1. Construction Overhead</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">(a) Overhead charges are intended to cover those indirect costs pertaining to construction activities for departments such</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">as engineering, operations and accounting for their labor and related employee benefits and office space. The overhead</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">amount capitalized is charged to all construction projects by applying a construction overhead clearing rate to direct</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">project costs.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">(b) The overhead capitalized is primarily based on periodic studies to identify indirect capital costs that are not charged</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">directly to construction projects.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">(c) Costs are accumulated in a blanket overhead project and distributed monthly to individual construction projects.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">(d) Different overhead rates are applied based on the nature of the construction project.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">(e) The basis for the differentiation in overhead rates stems from the economies of scale that are achieved with these</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">projects.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">(f) Overheads are directly assigned to each project.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">2. Allowance for Funds Used During Construction</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Allowance for funds used during construction is calculated below.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">3. Net-of-Tax rate for borrowed funds</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Not Applicable</font></p></div> 1459960797 Midcontinent Express Pipeline LLC 1.0000 0.13 1459960797 1.0000 587399 0.13 0.0315 0.0715 985 8357580 524015 8881595 985 524015 985 8357580 524015 8881595 Account 136 - Temporary Cash Investment 8 7 5 4 2 1 FTS Zone 1 2416 14106 315290 261679 317706 275785 2178470 10977472 FTS Zone 2 496045 546147 65439188 86021571 65935233 86567718 440659920 437314838 ITS Zone 1 13096 14929 597007 518139 610103 533068 11437314 11919810 ITS Zone 2 6368 3322 886091 400486 892459 403808 5502750 2754496 FTS - Lease Capacity 11736718 15401890 11736718 15401890 PALS 1977327 970270 1977327 970270 1 2 3 4 5 6 Enable Oklahoma Intrastate Transmission, LLC (Capacity Lease) 13674540 69562368 Leaf River Gas Storage 5076 500000 Transcontinental Gas Pipeline Company, LLC 25000 500000 70562368 1 2 3 <div><p class="MsoNormal" style="margin-left: 0in; text-align: justify; text-indent: 0in; mso-list: l0 level1 lfo1; tab-stops: .25in .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><!-- [if !supportLists]--><font style="font-size: 16pt;"><strong><font style="font-family: Arial, sans-serif;"><font style="mso-list: Ignore;">1. </font></font></strong><!--[endif]--><strong><font style="font-family: Arial, sans-serif;">General</font></strong></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">We are a Delaware limited liability company, formed on March 1, 2007. When we refer to "us," "we," "our," "the Company," or "MEP" we are describing Midcontinent Express Pipeline LLC.</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">The Members' interests in MEP are as follows:</font></p> <ul> <li><font style="text-align: left; font-size: 16pt; font-family: Arial, sans-serif;">50% - Kinder Morgan Operating LLC "A" (KMOA), an indirect subsidiary of Kinder Morgan, Inc. (KMI); and</font></li> </ul> <ul> <li><font style="font-size: 16pt; font-family: Arial, sans-serif;">50% - ETC Midcontinent Express L.L.C., a subsidiary of Energy Transfer Partners, L.P. </font></li> </ul> <p class="MsoListParagraphCxSpLast" style="text-align: justify; text-indent: -.25in; mso-list: l1 level1 lfo2; tab-stops: .5in .75in 1.0in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Our system consists of approximately 500 miles of natural gas transportation pipeline with takeaway capacity, either directly or indirectly, from natural gas producing regions located in Texas, Oklahoma and Arkansas. The pipeline provides the capability to transport natural gas supplies to major pipeline interconnects along its route, which originates near Bennington, Oklahoma and traverses east through Texas, Louisiana and Mississippi to its terminus near Butler, Alabama. </font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="margin-left: 0in; text-align: justify; text-indent: 0in; mso-list: l0 level1 lfo1; tab-stops: .25in .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><!-- [if !supportLists]--><strong><font style="font-family: Arial, sans-serif;"><font style="mso-list: Ignore;">2. </font></font></strong><!--[endif]--><strong><font style="font-family: Arial, sans-serif;">Summary of Significant Accounting Policies</font></strong></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 45.0pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Basis of Presentation</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Management has evaluated subsequent events through March 29, 2022, the date the financial statements were available to be issued.</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Coronavirus Diseases 2019 (COVID-19) </font></em></font></p> <p class="MsoNormal" style="text-indent: .25in; line-height: 115%;"></p> <p class="MsoNormal" style="text-align: justify; line-height: 112%;"><font style="font-size: 16pt; line-height: 112%; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Use of Estimates</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Cash Equivalents</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Allowance for Credit Losses</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Our financial instruments primarily consist of our accounts receivable from customers. 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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">We had no allowance for credit losses recorded as of December 31, 2021 and 2020<em>.</em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Natural Gas Imbalances </font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Property, Plant and Equipment</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Asset Retirement Obligations (ARO)</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Long-lived Asset Impairments</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">We evaluate our long-lived assets for impairment when events or changes in circumstances indicate that the carrying values may not be recoverable through the regulatory process. 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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">There were no impairments for the years ended December 31, 2021 and 2020.</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Revenue Recognition</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Revenue from Contracts with Customers.</font></em><font style="font-family: Arial, sans-serif;"> 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></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Contract Balances. </font></em><font style="font-family: Arial, sans-serif;">Contract assets and contract liabilities are the result of timing differences between revenue recognition, billings and cash collections. We did not have any contract assets as of December 31, 2021 and 2020. Our contract liabilities are primarily related to the Service Restructuring Agreement discussed in Note 6.</font></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em style="mso-bidi-font-style: normal;"><font style="font-family: Arial, sans-serif;">Major Customers.</font></em><font style="font-family: Arial, sans-serif;"> For the year ended December 31, 2021, revenues from our two largest customers were approximately $23.5 million and $11.4 million, each of which exceeded 10% of our operating revenues. For the year ended December 31, 2020, revenues from our four largest customers were approximately $24.5 million, $19.9 million, $12.0 million and $11.0 million, each of which exceeded 10% of our operating revenues.</font></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Legal Proceedings</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">We had no accruals for any outstanding legal proceedings as of December 31, 2021 and 2020.</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Environmental Matters</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Regulatory Assets and Liabilities</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .25in .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><strong><font style="font-family: Arial, sans-serif;">3. Income Taxes </font></strong></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt 31.5pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">We are a limited liability company that is treated as a partnership for income tax purposes and are not subject to federal or state income taxes. 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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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 Members. Current income taxes assigned to our Members are transferred into Account 211 from Account 236. Deferred income taxes advanced to our Members 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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">The following table reflects the components of income tax benefit included in net income (in millions):</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <table class="MsoTableGrid" style="margin-left: 35.75pt; border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 5.4pt 0in 5.4pt;" border="1" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"> <td style="width: 711px; border: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 566.438px; 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;" colspan="4" valign="top"> <p class="MsoNormal" style="text-align: center;"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">Year Ended December 31,</font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 1;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 284.375px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2021</font></strong></font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2020</font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 2;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Current:</font></p> </td> <td style="width: 284.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> </tr> <tr style="mso-yfti-irow: 3;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; padding-left: 30px;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> Federal</font></p> </td> <td style="width: 135px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$ </font></p> </td> <td style="width: 135px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 126px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$ </font></p> </td> <td style="width: 126px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 4;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; padding-left: 30px;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> State</font></p> </td> <td style="width: 284.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 5;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 284.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 6;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 284.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> </tr> <tr style="mso-yfti-irow: 7;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Deferred:</font></p> </td> <td style="width: 284.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> </tr> <tr style="mso-yfti-irow: 8;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; padding-left: 30px;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> Federal</font></p> </td> <td style="width: 284.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(9.6)</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(5.2)</font></p> </td> </tr> <tr style="mso-yfti-irow: 9;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; padding-left: 30px;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> State</font></p> </td> <td style="width: 284.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(1.7)</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(0.4)</font></p> </td> </tr> <tr style="mso-yfti-irow: 10;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 284.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(11.3)</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(5.6)</font></p> </td> </tr> <tr style="mso-yfti-irow: 11; mso-yfti-lastrow: yes;"> <td style="width: 711px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Total income tax benefit</font></p> </td> <td style="width: 135px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1.5pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 135px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(11.3)</font></p> </td> <td style="width: 126px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1.5pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$ </font></p> </td> <td style="width: 126px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(5.6)</font></p> </td> </tr> </table> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <table class="MsoTableGrid" style="margin-left: 35.75pt; border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 5.4pt 0in 5.4pt;" border="1" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="355"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 328.5pt; border: solid windowtext 1.0pt; border-left: none; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="4" valign="top" width="305"> <p class="MsoNormal" style="text-align: center;"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">Year Ended December 31,</font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 1;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="355"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 166.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="160"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2021</font></strong></font></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; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="144"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2020</font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 2;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="355"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Income tax expense at the statutory federal rate </font></p> </td> <td style="width: 83.25pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="54"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 83.25pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="107"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(7.0)</font></p> </td> <td style="width: 81.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="53"> <p class="MsoNormal" style="tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$ </font></p> </td> <td style="width: 81.0pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="91"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(2.6)</font></p> </td> </tr> <tr style="mso-yfti-irow: 3;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="355"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="160"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(1.8)</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; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="144"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(0.5)</font></p> </td> </tr> <tr style="mso-yfti-irow: 4;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="355"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="160"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(2.5)</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; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="144"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(2.5)</font></p> </td> </tr> <tr style="mso-yfti-irow: 5;"> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="355"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Total income tax benefit</font></p> </td> <td style="width: 83.25pt; border: none; border-bottom: solid windowtext 1.5pt; mso-border-top-alt: solid windowtext 1.5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="54"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 83.25pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 1.5pt; mso-border-bottom-alt: solid windowtext 1.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="107"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(11.3)</font></p> </td> <td style="width: 81.0pt; border: none; border-bottom: solid windowtext 1.5pt; mso-border-top-alt: solid windowtext 1.5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="53"> <p class="MsoNormal" style="tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$ </font></p> </td> <td style="width: 81.0pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 1.5pt; mso-border-bottom-alt: solid windowtext 1.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="91"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(5.6)</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; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="355"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">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; mso-border-top-alt: 1.5pt; mso-border-left-alt: .5pt; mso-border-bottom-alt: 1.5pt; mso-border-right-alt: .5pt; mso-border-color-alt: windowtext; mso-border-style-alt: solid; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="160"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">34.0%</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; mso-border-top-alt: 1.5pt; mso-border-left-alt: .5pt; mso-border-bottom-alt: 1.5pt; mso-border-right-alt: .5pt; mso-border-color-alt: windowtext; mso-border-style-alt: solid; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="144"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">44.4%</font></p> </td> </tr> </table> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 45.5pt .85in 1.0in 1.35in 1.5in 1.85in 2.0in 2.35in 2.5in 2.85in 3.0in 3.35in 3.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">The following are the components of our net deferred tax liability (in millions): </font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 45.5pt .85in 1.0in 1.35in 1.5in 1.85in 2.0in 2.35in 2.5in 2.85in 3.0in 3.35in 3.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <table class="MsoTableGrid" style="margin-left: 35.75pt; border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 5.4pt 0in 5.4pt;" border="1" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"> <td style="width: 801px; border: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 542.438px; 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;" colspan="4" valign="top"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">December 31,</font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 1;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2021</font></strong></font></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2020</font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 2;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Deferred tax liabilities:</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> </tr> <tr style="mso-yfti-irow: 3;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; padding-left: 30px;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> Property, plant and equipment</font></p> </td> <td style="width: 126px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 126px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">159.7</font></p> </td> <td style="width: 123px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$ </font></p> </td> <td style="width: 123px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">150.1</font></p> </td> </tr> <tr style="mso-yfti-irow: 4;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; padding-left: 30px;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> Regulatory and other assets</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">0.2</font></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> 0.2</font></p> </td> </tr> <tr style="mso-yfti-irow: 5;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="margin-left: .5in; text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> Total deferred tax liabilities</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">159.9</font></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">150.3</font></p> </td> </tr> <tr style="mso-yfti-irow: 6;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> </tr> <tr style="mso-yfti-irow: 7;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Deferred tax assets:</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> </tr> <tr style="mso-yfti-irow: 8;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; padding-left: 30px;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> Net operating loss</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">48.6</font></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">28.4</font></p> </td> </tr> <tr style="mso-yfti-irow: 9;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; padding-left: 30px;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> Deferred revenue</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">4.4</font></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">6.1</font></p> </td> </tr> <tr style="mso-yfti-irow: 10;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; padding-left: 30px;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> Regulatory and other liabilities</font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">17.3</font></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">18.2</font></p> </td> </tr> <tr style="mso-yfti-irow: 11;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="margin-left: .5in; text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> Total deferred tax assets </font></p> </td> <td style="width: 266.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">70.3</font></p> </td> <td style="width: 260.375px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">52.7</font></p> </td> </tr> <tr style="mso-yfti-irow: 12;"> <td style="width: 801px; 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;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Net deferred tax liability</font></p> </td> <td style="width: 126px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1.5pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 126px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">89.6</font></p> </td> <td style="width: 123px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1.5pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$ </font></p> </td> <td style="width: 123px; border-top: none; border-left: none; border-bottom: 1.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">97.6</font></p> </td> </tr> <tr style="mso-yfti-irow: 13; mso-yfti-lastrow: yes;"> <td style="width: 802.312px; border: none; padding: 0in 5.4pt;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 267.688px; border: none; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 261.688px; border: none; padding: 0in 5.4pt;" colspan="2" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> </tr> </table> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Net Operating Loss Carryforwards </font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">We have federal and state net operating loss carryforwards with remaining deferred tax asset balances of approximately $41.5 million and $7.1 million, respectively. The federal carryforward has no expiration date and the state carryforward will expire between 2023 and 2041. We believe that we will be able to generate sufficient taxable income in the future to utilize all of our net operating loss carryforwards. Therefore no valuation allowance has been recorded for the deferred tax assets associated with these net operating loss carryforwards as of December 31, 2021.</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .25in .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .25in .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><strong><font style="font-family: Arial, sans-serif;">4. Related Party Transactions</font></strong></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Proprietary Capital</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">The following table reflects changes to our proprietary capital accounts resulting from distributions paid to our Members, as well as other changes in proprietary capital (in millions). </font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <div align="center"> <table class="MsoNormalTable" style="border-collapse: collapse; mso-table-layout-alt: fixed; mso-padding-alt: 0in 5.4pt 0in 5.4pt;" border="0" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-row-margin-right: .5pt;"> <td style="width: 592.65pt; border: none; border-right: solid windowtext 1.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 509.85pt; border: solid windowtext 1.0pt; border-left: none; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="8" valign="bottom" width="634"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">Year Ended December 31,</font></strong></font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="1"> <p class="MsoNormal"></p> </td> </tr> <tr style="mso-yfti-irow: 1; mso-row-margin-right: .5pt;"> <td style="width: 592.65pt; border: none; border-right: solid windowtext 1.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 245.65pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="4" valign="bottom" width="317"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2021</font></strong></font></p> </td> <td style="width: 264.2pt; border: solid windowtext 1.0pt; border-left: none; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="4" valign="bottom" width="317"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2020</font></strong></font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="1"> <p class="MsoNormal"></p> </td> </tr> <tr style="mso-yfti-irow: 2; mso-row-margin-right: .5pt;"> <td style="width: 592.65pt; border: none; border-right: solid windowtext 1.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 127.35pt; border: none; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="164"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">Account</font></strong></font></p> </td> <td style="width: 118.3pt; border-top: solid windowtext 1.0pt; border-left: none; border-bottom: none; border-right: solid windowtext 1.0pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="153"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">Account</font></strong></font></p> </td> <td style="width: 133.7pt; border: none; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="164"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">Account</font></strong></font></p> </td> <td style="width: 130.5pt; border: none; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="153"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">Account</font></strong></font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="1"> <p class="MsoNormal"></p> </td> </tr> <tr style="mso-yfti-irow: 3; mso-row-margin-right: .5pt;"> <td style="width: 592.65pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 127.35pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="164"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">211</font></strong></font></p> </td> <td style="width: 118.3pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="153"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">216</font></strong></font></p> </td> <td style="width: 133.7pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="164"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">211</font></strong></font></p> </td> <td style="width: 130.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="153"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">216</font></strong></font></p> </td> <td style="mso-cell-special: placeholder; border: none; border-bottom: solid windowtext 4.5pt; padding: 0in 0in 0in 0in;" width="1"> <p class="MsoNormal"></p> </td> </tr> <tr style="mso-yfti-irow: 4;"> <td style="width: 592.65pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Balance - Beginning of Year </font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 102.05pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">1,467.0 </font></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 95.8pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(7.0)</font></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 105.4pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">1,503.0</font></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 104.0pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> -</font></p> </td> </tr> <tr style="mso-yfti-irow: 5;"> <td style="width: 592.65pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-left: 30.75pt; text-align: right; tab-stops: 27.0pt 30.75pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 102.05pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt 30.75pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 95.8pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 105.4pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 104.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> </tr> <tr style="mso-yfti-irow: 6;"> <td style="width: 592.65pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Net Income</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-left: 30.75pt; text-align: center; tab-stops: 27.0pt 30.75pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"></p> </td> <td style="width: 102.05pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt 30.75pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 95.8pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(22.0)</font></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 105.4pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 104.0pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(7.0)</font></p> </td> </tr> <tr style="mso-yfti-irow: 7;"> <td style="width: 592.65pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"></p> </td> <td style="width: 102.05pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 95.8pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 105.4pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 104.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> </tr> <tr style="mso-yfti-irow: 8;"> <td style="width: 592.65pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><font style="font-family: Arial, sans-serif;">Transfer from Account 186</font>^{<font style="font-family: Arial, sans-serif; position: relative; top: -5pt;">(1)</font>}</font></p> </td> <td style="width: 25.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2px solid windowtext; padding: 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: center; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="center"></p> </td> <td style="width: 102.05pt; border-top: none; border-left: none; border-bottom: 2px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(8.0)</font></p> </td> <td style="width: 22.5pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2px solid windowtext; padding: 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 95.8pt; border-top: none; border-left: none; border-bottom: 2px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 28.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2px solid windowtext; padding: 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 105.4pt; border-top: none; border-left: none; border-bottom: 2px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(2.3)</font></p> </td> <td style="width: 27pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 2px solid windowtext; padding: 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 104pt; border-top: none; border-left: none; border-bottom: 2px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 9;"> <td style="width: 592.65pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 102.05pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 95.8pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 105.4pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 104.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> </tr> <tr style="mso-yfti-irow: 10;"> <td style="width: 592.65pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Distributions to Members</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 102.05pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(23.1)</font></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 95.8pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 105.4pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(51.7)</font></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 104.0pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 11;"> <td style="width: 592.65pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 102.05pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 95.8pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 105.4pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 104.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> </tr> <tr style="mso-yfti-irow: 12;"> <td style="width: 592.65pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Capital contributions from Members</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 102.05pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 95.8pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 105.4pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">18.0</font></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 104.0pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 13;"> <td style="width: 592.65pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 102.05pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 95.8pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 105.4pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 104.0pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> </tr> <tr style="mso-yfti-irow: 14; mso-yfti-lastrow: yes;"> <td style="width: 592.65pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="216"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.05in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Balance - End of Year</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 102.05pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext 4.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">1,435.9 </font></p> </td> <td style="width: 22.5pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 95.8pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext 4.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="119"> <p class="MsoNormal" style="text-align: right; tab-stops: 38.7pt 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(29.0) </font></p> </td> <td style="width: 28.3pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 105.4pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext 4.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="130"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">1,467.0</font></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 4.5pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="36"> <p class="MsoNormal" style="tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 104.0pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext 4.5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="bottom" width="117"> <p class="MsoNormal" style="text-align: right; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> (7.0)</font></p> </td> </tr> <!-- [if !supportMisalignedColumns]--> <tr> <td style="border: none;" width="216"></td> <td style="border: none;" width="34"></td> <td style="border: none;" width="130"></td> <td style="border: none;" width="34"></td> <td style="border: none;" width="119"></td> <td style="border: none;" width="34"></td> <td style="border: none;" width="130"></td> <td style="border: none;" width="36"></td> <td style="border: none;" width="117"></td> <td style="border: none;" width="0"></td> </tr> <!--[endif]--> </table> </div> <p class="MsoNormal"></p> <p class="MsoNormal" style="margin-left: 76.3pt; text-align: justify; text-indent: .25in; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 18.0pt; font-family: 'Arial',sans-serif;">(1) Settlements of these amounts are made within equity and are considered non-cash financing activities.</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><em><font style="font-family: Arial, sans-serif;"><font style="font-size: 21.3333px;">Affiliate Agreement</font></font></em></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-family: Arial, sans-serif;"><font style="font-size: 21.3333px;">KMOA manages and operates us under an operating and reimbursement agreement.</font></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Affiliate Balances and Activities</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">The following table summarizes our balance sheet affiliate balances (in millions): </font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <div align="center"> <table class="MsoNormalTable" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext;" border="1" 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; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" rowspan="2"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">Account</font></strong></font></p> </td> <td style="width: 658.75pt; border: solid windowtext 1.0pt; border-left: none; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" rowspan="2" valign="top" width="286"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 269.25pt 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 367.85pt; border: solid windowtext 1.0pt; border-left: none; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" colspan="4" valign="bottom" width="267"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">December 31, </font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 1; height: 30.0pt;"> <td style="width: 182.45pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" colspan="2" valign="bottom" width="134"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2021</font></strong></font></p> </td> <td style="width: 185.4pt; border-top: none; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; padding: 0in 5.4pt 0in 5.4pt; height: 30.0pt;" colspan="2" valign="bottom" width="133"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2020</font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 3;"> <td style="border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt; font-family: Arial, sans-serif;">174</font></p> </td> <td style="width: 658.75pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="286"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 269.25pt 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Gas imbalances receivable from associated companies</font></p> </td> <td style="width: 15.9pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-family: Arial, sans-serif; font-size: 21.3333px;">$</font></p> </td> <td style="width: 166.55pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="101"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">3.0</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-family: Arial, sans-serif; font-size: 21.3333px;">$</font></p> </td> <td style="width: 160.1pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="99"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 4;"> <td style="border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt; font-family: Arial, sans-serif;">186</font></p> </td> <td style="width: 658.75pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="286"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 269.25pt 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Advance of deferred income taxes to Members </font></p> </td> <td style="width: 15.9pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 166.55pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="101"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">89.6</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 160.1pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="99"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">97.6</font></p> </td> </tr> <tr style="mso-yfti-irow: 5;"> <td style="border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt; font-family: Arial, sans-serif;">234</font></p> </td> <td style="width: 658.75pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="286"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 269.25pt 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Accounts payable to associated companies</font></p> </td> <td style="width: 15.9pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 166.55pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="101"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">0.6</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 160.1pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="99"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">0.6</font></p> </td> </tr> <tr style="mso-yfti-irow: 6; mso-yfti-lastrow: yes;"> <td style="border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt; font-family: Arial, sans-serif;">242</font></p> </td> <td style="width: 658.75pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="286"> <p class="MsoNormal" style="margin-right: 3.75pt; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 269.25pt 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Gas imbalances payable to associated companies </font></p> </td> <td style="width: 15.9pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 166.55pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="101"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">1.1</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="34"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 160.1pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="bottom" width="99"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">0.5</font></p> </td> </tr> </table> </div> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">We do not have employees. Employees of KMI provide services to us. In accordance with our governance documents, we reimburse KMI and KMOA at cost for direct and indirect costs incurred on our behalf and allocated general and administrative costs.</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">The following table shows revenues and costs from our affiliates (in millions):</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.5in 7.0in 7.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <div align="center"> <table class="MsoNormalTable" style="border-collapse: collapse; height: 296px;" border="0" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes;"> <td style="width: 816px; border: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 59px;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 378.219px; 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: 59px;" colspan="4" valign="bottom"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">Year Ended December 31,</font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 1;"> <td style="width: 816px; 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 0in; height: 62px;" valign="top"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> </td> <td style="width: 186px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 62px;" colspan="2" valign="bottom"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2021</font></strong></font></p> </td> <td style="width: 176.531px; border-top: none; border-left: none; border-bottom: 4.5pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 62px;" colspan="2" valign="bottom"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-size: 16pt;"><strong style="mso-bidi-font-weight: normal;"><font style="font-family: Arial, sans-serif;">2020</font></strong></font></p> </td> </tr> <tr style="mso-yfti-irow: 2;"> <td style="width: 816px; 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 0in; height: 62px;" valign="bottom"> <p class="MsoNormal" style="tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Revenues</font></p> </td> <td style="width: 26.5156px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 62px;" valign="bottom"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 159.484px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 62px;" valign="bottom"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">1.2</font></p> </td> <td style="width: 20.5156px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 62px;" valign="bottom"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 156.016px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 62px;" valign="bottom"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;"> -</font></p> </td> </tr> <tr style="height: 54px;"> <td style="width: 816px; 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 0in; height: 54px;"><font style="font-family: Arial, sans-serif; font-size: 21.3333px;">Operation, maintenance and payroll tax expenses</font></td> <td style="width: 26.5156px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 54px;"></td> <td style="width: 159.484px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 54px; text-align: right;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">8.3</font></td> <td style="width: 20.5156px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 54px; text-align: right;"></td> <td style="width: 156.016px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 54px; text-align: right;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">7.5</font></td> </tr> <tr style="mso-yfti-irow: 3; mso-yfti-lastrow: yes;"> <td style="width: 816px; 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 0in; height: 59px;" valign="bottom"> <p class="MsoNormal" style="tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Capitalized costs </font></p> </td> <td style="width: 26.5156px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 59px;" valign="bottom"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 159.484px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 59px;" valign="bottom"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">0.7</font></p> </td> <td style="width: 20.5156px; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 59px;" valign="bottom"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"></p> </td> <td style="width: 156.016px; border-top: none; border-left: none; border-bottom: 1pt solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt 0in 0in; height: 59px;" valign="bottom"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">1.7</font></p> </td> </tr> </table> </div> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><em><font style="font-family: Arial, sans-serif;">Subsequent Events</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Subsequent to December 31, 2021 and through the issuance of this report, we made cash distributions to our Members totaling $4.7 million, inclusive of amounts representing income taxes. </font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><strong><font style="font-family: Arial, sans-serif;">5. Rate and Regul<font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">atory Matters</font></font></strong></font></p> <p class="MsoNormal" style="text-align: justify; mso-pagination: widow-orphan lines-together; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="margin-bottom: 10.0pt; line-height: 115%; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;"><em><font style="line-height: 115%;">Fuel Recovery Mechanism</font></em></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">We obtain natural gas quantities from our shippers, in accordance with our tariff, as reimbursement for gas required for operations and for gas quantities lost and otherwise unaccounted for. On a semi-annual basis, we make a filing with the FERC updating the fuel retention percentages. Our tariff provides that the difference between the amount of gas retained from the fuel retention percentages and the amount of gas consumed for operations and gas quantities lost and otherwise unaccounted for over the applicable period will be flowed through or charged to shippers by including such difference in the calculation to update the fuel retention percentages. For the years ended December 31, 2021 and 2020, we recorded a net regulatory expense of $1.8 million and a net regulatory benefit of $1.5 million, respectively, related to our fuel recovery mechanism.</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;"><strong>6. Service Restructuring Agreement</strong></font></p> <p class="MsoNormal"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;"><font style="line-height: 107%; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">During each of the years ended December 31, 2021 and 2020, we recognized $6.9 million of revenue related to an up-front cash payment received as part of a 2017 Service Restructuring Agreement we entered into with one of our customers. This payment is being <font style="border: none windowtext 1.0pt; mso-border-alt: none windowtext 0in; padding: 0in;">reco</font>gnized as revenue through July 2024, the term of the Service Restructuring Agreement, to achieve a <font style="border: none windowtext 1.0pt; mso-border-alt: none windowtext 0in; padding: 0in;">levelization</font></font> of revenue based on the level of service provided in each period. The unamortized b<font style="border: none windowtext 1.0pt; mso-border-alt: none windowtext 0in; padding: 0in;">alances</font> as of December 31, 2021 and 2020<font style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;"> were</font> $17.8 million and $24.7 million, respectively, and are included in Account 253 "Other Deferred Credits" on our balance sheets.</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: 27.0pt .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .25in .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt;"><strong><font style="font-family: Arial, sans-serif;">7. Commitments</font></strong></font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">We have a pipeline capacity agreement with Enable Oklahoma Intrastate Transmission, LLC. Future minimum annual commitments under this agreement as of December 31, 2021 are as follows (in millions):</font></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <table class="MsoTableGrid" style="margin-left: 35.75pt; border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 5.4pt 0in 5.4pt;" border="1" cellspacing="0" cellpadding="0"> <tr> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-bottom: solid windowtext 4.5pt; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;"><strong>Year</strong></font></p> </td> <td style="width: 204.15pt; border-top: solid windowtext 1.0pt; border-left: none; border-bottom: solid windowtext 4.5pt; border-right: solid windowtext 1.0pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 4.5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="257"> <p class="MsoNormal" style="text-align: center; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="center"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;"><strong>Commitments</strong></font></p> </td> </tr> <tr> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext 4.5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">2022</font></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="36"> <p class="MsoNormal"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">$</font></p> </td> <td style="width: 177.15pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 4.5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="221"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">8.8</font></p> </td> </tr> <tr> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">2023</font></p> </td> <td style="width: 204.15pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="257"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">6.1</font></p> </td> </tr> <tr> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">2024</font></p> </td> <td style="width: 204.15pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="257"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">6.1</font></p> </td> </tr> <tr> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">2025</font></p> </td> <td style="width: 204.15pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.5pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext 1.5pt; padding: 0in 5.4pt 0in 5.4pt;" colspan="2" valign="top" width="257"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">2.5</font></p> </td> </tr> <tr> <td style="width: 589.5pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="402"> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">Total </font></p> </td> <td style="width: 27.0pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 1.5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="36"> <p class="MsoNormal"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">$ </font></p> </td> <td style="width: 177.15pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 1.5pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt;" valign="top" width="221"> <p class="MsoNormal" style="text-align: right; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;" align="right"><font style="font-size: 16pt; font-family: arial, helvetica, sans-serif;">23.5</font></p> </td> </tr> </table> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"></p> <p class="MsoNormal" style="text-align: justify; tab-stops: .5in 1.0in 1.5in 2.0in 2.5in 3.0in 3.5in 4.0in 4.5in 5.0in 5.5in 6.0in 6.5in 7.0in; mso-layout-grid-align: none; text-autospace: none;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Total expense related to this agreement for the years ended December 31, 2021 and 2020 was approximately $13.7 million and $15.4 million, respectively, and is reflected in Account 401 "Operation Expenses" on our income statements.</font></p></div> Rate Schedule FTS 38619067 46342 5526403 5572745 37097537 44517 5428631 5473148 37666699 45200 5439561 5484761 FTS-Lease Capacity 953796 953796 380579 380579 392424 392424 Rate Schedule ITS 2222196 2667 246350 249017 2688157 3226 313485 316711 3385097 4062 300303 304365 Rate Schedule PALS 80145 80145 128112 128112 129845 129845 1 2 3 4 Federal Income Tax Federal Tax Federal Subtotal Federal Tax State Income Tax - Alabama State Tax Alabama 0.0007 State Income Tax - Arkansas State Tax Arkansas State Income Tax - Louisiana State Tax Louisiana 0.0315 State Income Tax - Mississippi State Tax Mississippi 0.0120 State Income Tax - Oklahoma State Tax Oklahoma 0.0013 Subtotal State Tax Ad Valorem Tax - Alabama Ad Valorem Tax Alabama 2021 75096 75096 75096 Ad Valorem Tax - Louisiana Ad Valorem Tax Louisiana 2020 707188 14482 721670 14482 Ad Valorem Tax - Louisiana Ad Valorem Tax Louisiana 2021 5728760 5109186 619574 5728760 Ad Valorem Tax - Mississippi Ad Valorem Tax Mississippi 2020 6300350 -142725 6027625 130000 -142725 Ad Valorem Tax - Mississippi Ad Valorem Tax Mississippi 2021 5045748 5045748 5045748 Ad Valorem Tax - Oklahoma Ad Valorem Tax Oklahoma 2020 80137 80137 Ad Valorem Tax - Oklahoma Ad Valorem Tax Oklahoma 2021 136038 68019 68019 136038 Ad Valorem Tax - Texas Ad Valorem Tax Texas 2020 2744400 2744400 Ad Valorem Tax - Texas Ad Valorem Tax Texas 2021 2199494 148871 2050623 2199494 Subtotal Ad Valorem Tax 9832075 13056893 14975004 7913964 13056893 Use Tax - Alabama Sales And Use Tax Alabama 2021 32580 33179 -599 8533 24047 Use Tax - Louisiana Sales And Use Tax Louisiana 2021 4288 139285 137731 5842 105135 34150 Use Tax - Mississippi Sales And Use Tax Mississippi 2021 4034 29989 31917 2106 26659 3330 Use Tax - Oklahoma Sales And Use Tax Oklahoma 2021 139 139 139 Use Tax - Texas Sales And Use Tax Texas 2021 17166 18039 -873 17166 Subtotal Sales And Use Tax 8322 219159 221005 6476 140327 78832 Payroll - FICA Tax Payroll Tax Federal 2021 424131 424131 424131 Payroll - Unemployment Tax Payroll Tax Federal 2021 10893 10893 10893 Subtotal Payroll Tax 435024 435024 435024 Miscellaneous Tax, Licenses and Fees Miscellaneous Other Tax Alabama 2021 5000 4741 259 5000 Miscellaneous Tax, Licenses and Fees Miscellaneous Other Tax Louisiana 2021 105 105 105 Subtotal Miscellaneous Other Tax 5105 4846 259 5105 13716181 15635879 13637349 78832 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 MEP - 1 (Paris, TX) Transmission Compressor Stations 6 44990 89926492 6212796 2268097 1346929 PT32551H 5 2021-02-14 MEP - 2 (Atlanta, TX) Transmission Compressor Stations 4 32720 61434127 4608773 1064134 999178 PT20726H 3 2021-11-15 MEP - 3 (Perryville, LA) Transmission Compressor Stations 4 32720 61227230 4119670 1089066 893141 PT22182H 3 2021-12-14 MEP - 3A (Delhi, LA) Transmission Compressor Stations 2 9470 28967517 870437 602815 188710 PT9542H 2 2021-10-04 MEP - 4 (Vicksburg, MS) Transmission Compressor Stations 4 24540 61135538 4241308 1562681 919512 PT27086H 3 2021-10-22 Subtotal Transmission Compressor Stations 20 144440 302690904 20052984 6586793 4347470 PT112087H 16 302690904 1 2 3 4 5 6 Midcontinent Express Pipeline LLC 111607 33750 459778454 121678753 2051750 600897 4986328 1099358 Line Pack Change 193611 12142 467121750 123424900 55032 459778454 121678753 2666321 571426 5192755 1343342 Vent Gas / Other 36291 5148 Heater Fuel 132914 34736 Imbalance Adjustments 90696 767 467952463 123634172 -830713 -209272 467121750 123424900 16 31 32 33 Account 131 - Cash $ 870,701 Account 136 - Temporary Cash Investments 8,357,580 Total $ 9,228,281 Account 131 - Cash $ 396,142 Account 136 - Temporary Cash Investments 8,881,595 Total $ 9,277,737 Allowance for other funds used during construction $ 42,786 Allowance for borrowed funds used during construction 18,679 Total $ 61,465 Allowance for other funds used during construction $ 23,717 Allowance for borrowed funds used during construction 10,354 Total $ 34,071 Kinder Morgan Operating LLC "A" is an indirect wholly-owned subsidiary of Kinder Morgan, Inc. ETC Midcontinent Express L.L.C. is a wholly-owned subsidiary of Energy Transfer Partners, LP. 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). Rate for borrowed funds actually used during year is based upon the capital ratio of 45% long term debt multiplied by the 7% long term debt cost rate percentage in the original certificate in Docket No. CP08-6. Rate of other funds actually used during year is based upon the capital ratio of 55% common equity multiplied by the 13% common equity cost rate percentage in the original certificate in Docket No. CP08-6. The cost rate percentage of common equity is based on the approved rate of Docket No. CP08-6. In accordance with FERC Order No. 581, we use the fixed asset method. Receipt point 9005042 Leaf River Clarke. Delivery point 9004982 Pine View M3617. 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 332 for additional details on Transmission and Compression of Gas by Others. See page 218 "General Description of Construction Overhead Procedure" for the basis of allocation. Account Amount 107 $ 125,830 108 94,543 186 21,436 408.1 323,894 850 959,632 853 858,585 856 479,990 857 192,360 862 321 863 132,748 864 870,931 865 37,872 866 675 867 550 920 1,020,741 Total $ 5,120,108 Account Amount 107 $ 18,774 108 14,271 186 3,846 926 848,750 Total $ 885,641 Account Amount 408.1 $ 111,130 920 1,406,391 921 42,550 923 276,322 926 309,361 930.2 173,954 931 183,212 Total $ 2,502,920 Account 131 - Cash $ 1,429,309 Account 136 - Temporary Cash Investments 12,062,801 Total $ 13,492,110 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 - Deferred Income Tax Rate Adjustment $ 18,163,196 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 - Deferred Income Tax Rate Adjustment $ 17,229,863 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 $ 151,835,650 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 $ 161,383,240 Recorded pursuant to Docket No. AI93-5-000 issued on April 23, 1993 (Accounting for Income Taxes). Recorded pursuant to Section 36 of the General Terms and conditions of our tariff. Recorded pursuant to Section 36 of the General Terms and conditions of our tariff. Receipt points Enable lease 44599 West Pool, 44601 Waynoka, 47607 Rose Valley and 44600 East Pool. Delivery point Enable lease 44438 Bennington, Oklahoma. Industry Research: FIS Capital Markets US LLC Transmission Plant (in thousands) Pg 204 Ln 92 Col (g) $ 2,301,876 Less: Land 2,526 $ 2,299,350 Operational and cashout sales recorded in Account 803. Operational purchases recorded in Account 803.This footnote also applies to line 3, column (d). Recorded pursuant to Section 9.3 of the General Terms and conditions of our tariff. Recorded pursuant to Section 36 of the General Terms and conditions of our tariff. Recorded pursuant to Section 10.9 of the General Terms and Conditions of our tariff. See Page 102 "Control Over Respondent" for a description of our ownership structure. Receipt point Midcontinent Express Pipeline. Delivery point Transcontinental Pipeline. All services necessary for our operations are provided by Kinder Morgan, Inc., pursuant to Kinder Morgan Nat Gas Operator LLC's operating agreement, for which Kinder Morgan, Inc. is reimbursed at cost. 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. Volumes shown on this line are those for vent gas, heater fuel and greenhouse gas. This footnote applies to all periods within the quarter. These revenues are associated with the 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 139,530 Month 1 net activity (139,530) Month 2 net activity 91,514 Month 3 net activity 120,065 Net Quarterly Activity 72,049 Net Park/(Loan) Balance - End of Quarter 211,579 Use tax is distributed to various accounts based on the accounts charged for the originating invoice. A reconciliation of fuel expenses in column (f) to fuel expenses on page 331 is as follows: Total column (f) 20,052,984 Off system (Enable) 4,921,846 Total 24,974,830 A reconciliation of fuel volumes in column (i) to fuel volumes on page 331 is as follows: Total column (i) 4,347,470 Off system (Enable / Leaf River) 845,285 Total 5,192,755