C001683 2023-01-01 2023-12-31 C001683 2023-12-31 C001683 2022-01-01 2022-12-31 C001683 2022-12-31 C001683 2021-12-31 C001683 2023-10-01 2023-12-31 C001683 2023-10-01 2023-10-31 C001683 2023-11-01 2023-11-30 C001683 2023-12-01 2023-12-31 C001683 ScheduleCorporationsControlledByRespondentAbstract 2023-01-01 2023-12-31 C001683 ScheduleGasPropertyAndCapacityLeasedToOthersAbstract 2023-01-01 2023-12-31 C001683 ScheduleGasPlantHeldForFutureUseAbstract 2023-01-01 2023-12-31 C001683 ScheduleConstructionWorkInProgressGasAbstract 2023-01-01 2023-12-31 C001683 ScheduleNonTraditionalRateTreatmentAffordedNewProjectsAbstract 2023-01-01 2023-12-31 C001683 ScheduleInvestmentsAbstract 2023-01-01 2023-12-31 C001683 ScheduleInvestmentsInSubsidiaryCompaniesAbstract 2023-01-01 2023-12-31 C001683 ScheduleExtraordinaryPropertyLossesAbstract 2023-01-01 2023-12-31 C001683 ScheduleUnrecoveredPlantAndRegulatoryStudyCostsAbstract 2023-01-01 2023-12-31 C001683 ScheduleCapitalStockAbstract 2023-01-01 2023-12-31 C001683 ScheduleCapitalStockSubscribedLiabilityForConversionPremiumOnAndInstallmentsReceivedOnAbstract 2023-01-01 2023-12-31 C001683 ScheduleDiscountOnCapitalStockAbstract 2023-01-01 2023-12-31 C001683 ScheduleCapitalStockExpenseAbstract 2023-01-01 2023-12-31 C001683 ScheduleSecuritiesIssuedOrAssumedAndSecuritiesRefundedOrRetiredDuringTheYearAbstract 2023-01-01 2023-12-31 C001683 ScheduleLongTermDebtAbstract 2023-01-01 2023-12-31 C001683 ScheduleUnamortizedDebtExpensePremiumAndDiscountOnLongTermDebtAbstract 2023-01-01 2023-12-31 C001683 ScheduleUnamortizedLossAndGainOnReacquiredDebtAbstract 2023-01-01 2023-12-31 C001683 ScheduleOtherDeferredCreditsAbstract 2023-01-01 2023-12-31 C001683 ScheduleAccumulatedDeferredIncomeTaxesOtherAbstract 2023-01-01 2023-12-31 C001683 ScheduleRevenuesFromTransporationOfGasOfOthersThroughGatheringFacilitiesAbstract 2023-01-01 2023-12-31 C001683 ScheduleRevenuesFromStoringGasOfOthersAbstract 2023-01-01 2023-12-31 C001683 ScheduleGasStorageProjectsAbstract 2023-01-01 2023-12-31 C001683 ScheduleGasStorageProjectsByCapacitiesAbstract 2023-01-01 2023-12-31 C001683 ScheduleAuxiliaryPeakingFacilitiesAbstract 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 2022-01-01 2022-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2022-01-01 2022-12-31 C001683 1 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 2 2022-01-01 2022-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2022-01-01 2022-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2022-01-01 2022-12-31 C001683 ferc:GasUtilityMember 2022-12-31 C001683 ferc:GasPlantInServiceMember ferc:GasUtilityMember 2022-12-31 C001683 ferc:GasPlantInServiceMember ferc:GasUtilityMember 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 2023-12-31 C001683 ferc:GasPlantInServiceMember ferc:GasUtilityMember 2023-12-31 C001683 7 2023-01-01 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2022-12-31 C001683 1 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2022-12-31 C001683 1 2023-12-31 C001683 ferc:OperatingUtilityMember 2022-12-31 C001683 ferc:OperatingUtilityMember 2023-01-01 2023-12-31 C001683 ferc:OperatingUtilityMember 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 6 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 1 2023-01-01 2023-12-31 C001683 ferc:FederalTaxMember 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember ferc:FederalTaxMember 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 3 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 4 2023-01-01 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 5 2022-12-31 C001683 ferc:GasUtilityMember 5 2023-01-01 2023-12-31 C001683 6 2023-01-01 2023-12-31 C001683 6 2023-12-31 C001683 ferc:GasUtilityMember 6 2023-01-01 2023-12-31 C001683 ferc:StateTaxMember 2023-01-01 2023-12-31 C001683 ferc:StateTaxMember 2022-12-31 C001683 ferc:StateTaxMember 2023-12-31 C001683 ferc:GasUtilityMember ferc:StateTaxMember 2023-01-01 2023-12-31 C001683 8 2023-01-01 2023-12-31 C001683 8 2022-12-31 C001683 8 2023-12-31 C001683 ferc:GasUtilityMember 8 2023-01-01 2023-12-31 C001683 9 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 9 2023-01-01 2023-12-31 C001683 ferc:AdValoremTaxMember 2023-01-01 2023-12-31 C001683 ferc:AdValoremTaxMember 2022-12-31 C001683 ferc:AdValoremTaxMember 2023-12-31 C001683 ferc:GasUtilityMember ferc:AdValoremTaxMember 2023-01-01 2023-12-31 C001683 11 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 11 2023-01-01 2023-12-31 C001683 12 2023-01-01 2023-12-31 C001683 ferc:SalesAndUseTaxMember 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember ferc:SalesAndUseTaxMember 2023-01-01 2023-12-31 C001683 14 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 14 2023-01-01 2023-12-31 C001683 15 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 15 2023-01-01 2023-12-31 C001683 ferc:PayrollTaxMember 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember ferc:PayrollTaxMember 2023-01-01 2023-12-31 C001683 17 2023-01-01 2023-12-31 C001683 17 2022-12-31 C001683 17 2023-12-31 C001683 ferc:GasUtilityMember 17 2023-01-01 2023-12-31 C001683 ferc:FranchiseTaxMember 2023-01-01 2023-12-31 C001683 ferc:FranchiseTaxMember 2022-12-31 C001683 ferc:FranchiseTaxMember 2023-12-31 C001683 ferc:GasUtilityMember ferc:FranchiseTaxMember 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2022-12-31 C001683 1 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 2 2022-01-01 2022-12-31 C001683 3 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 4 2022-01-01 2022-12-31 C001683 5 2023-01-01 2023-12-31 C001683 5 2022-01-01 2022-12-31 C001683 6 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 2 2023-12-31 C001683 2 2022-12-31 C001683 3 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 2 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 3 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 4 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 5 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 2 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 6 2023-01-01 2023-12-31 C001683 7 2023-01-01 2023-12-31 C001683 8 2023-01-01 2023-12-31 C001683 9 2023-01-01 2023-12-31 C001683 10 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 3 2022-01-01 2022-12-31 C001683 2 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 10 2023-01-01 2023-12-31 C001683 18 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember ferc:TransmissionPlantMember 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember ferc:GeneralPlantMember 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember ferc:TransmissionPlantOnshoreMember 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember ferc:GeneralPlantMember 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 9 2023-01-01 2023-12-31 C001683 ferc:GasUtilityMember 10 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2023-10-01 2023-10-31 C001683 1 2023-11-01 2023-11-30 C001683 1 2023-12-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 2 2023-10-01 2023-10-31 C001683 2 2023-11-01 2023-11-30 C001683 2 2023-12-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 3 2023-10-01 2023-10-31 C001683 3 2023-11-01 2023-11-30 C001683 3 2023-12-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 4 2023-10-01 2023-10-31 C001683 4 2023-11-01 2023-11-30 C001683 4 2023-12-01 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 5 2023-10-01 2023-10-31 C001683 5 2023-11-01 2023-11-30 C001683 5 2023-12-01 2023-12-31 C001683 6 2023-01-01 2023-12-31 C001683 6 2023-10-01 2023-10-31 C001683 6 2023-11-01 2023-11-30 C001683 6 2023-12-01 2023-12-31 C001683 7 2023-01-01 2023-12-31 C001683 7 2023-10-01 2023-10-31 C001683 7 2023-11-01 2023-11-30 C001683 8 2023-01-01 2023-12-31 C001683 8 2023-10-01 2023-10-31 C001683 8 2023-11-01 2023-11-30 C001683 8 2023-12-01 2023-12-31 C001683 Stagecoach Pipeline Company, L.L.C. 2023-01-01 2023-12-31 C001683 Stagecoach Pipeline Company, L.L.C. 2023-10-01 2023-12-31 C001683 16 Stagecoach Pipeline Company, L.L.C. 2023-01-01 2023-12-31 C001683 17 Stagecoach Pipeline Company, L.L.C. 2023-01-01 2023-12-31 C001683 17 Stagecoach Pipeline Company, L.L.C. 2023-10-01 2023-12-31 C001683 32 Stagecoach Pipeline Company, L.L.C. 2023-01-01 2023-12-31 C001683 32 Stagecoach Pipeline Company, L.L.C. 2023-10-01 2023-12-31 C001683 33 Stagecoach Pipeline Company, L.L.C. 2023-01-01 2023-12-31 C001683 33 Stagecoach Pipeline Company, L.L.C. 2023-10-01 2023-12-31 C001683 34 Stagecoach Pipeline Company, L.L.C. 2023-01-01 2023-12-31 C001683 34 Stagecoach Pipeline Company, L.L.C. 2023-10-01 2023-12-31 C001683 35 Stagecoach Pipeline Company, L.L.C. 2023-01-01 2023-12-31 C001683 35 Stagecoach Pipeline Company, L.L.C. 2023-10-01 2023-12-31 C001683 36 Stagecoach Pipeline Company, L.L.C. 2023-01-01 2023-12-31 C001683 36 Stagecoach Pipeline Company, L.L.C. 2023-10-01 2023-12-31 C001683 37 Stagecoach Pipeline Company, L.L.C. 2023-01-01 2023-12-31 C001683 37 Stagecoach Pipeline Company, L.L.C. 2023-10-01 2023-12-31 C001683 ferc:DiscountedRateMember 2023-12-01 2023-12-31 C001683 ferc:NegotiatedRateMember 2023-12-01 2023-12-31 C001683 ferc:RecourseRateMember 2023-12-01 2023-12-31 C001683 ferc:DebitedMember 2023-12-01 2023-12-31 C001683 ferc:CreditedMember 2023-12-01 2023-12-31 C001683 44 2023-12-01 2023-12-31 C001683 49 2023-12-01 2023-12-31 C001683 ferc:DiscountedRateMember 2023-10-01 2023-10-31 C001683 ferc:NegotiatedRateMember 2023-10-01 2023-10-31 C001683 ferc:RecourseRateMember 2023-10-01 2023-10-31 C001683 ferc:DebitedMember 2023-10-01 2023-10-31 C001683 ferc:CreditedMember 2023-10-01 2023-10-31 C001683 44 2023-10-01 2023-10-31 C001683 49 2023-10-01 2023-10-31 C001683 ferc:DiscountedRateMember 2023-11-01 2023-11-30 C001683 ferc:NegotiatedRateMember 2023-11-01 2023-11-30 C001683 ferc:RecourseRateMember 2023-11-01 2023-11-30 C001683 ferc:DebitedMember 2023-11-01 2023-11-30 C001683 ferc:CreditedMember 2023-11-01 2023-11-30 C001683 44 2023-11-01 2023-11-30 C001683 49 2023-11-01 2023-11-30 C001683 12 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 7 2023-01-01 2023-12-31 C001683 8 2023-01-01 2023-12-31 C001683 9 2023-01-01 2023-12-31 C001683 10 2023-01-01 2023-12-31 C001683 11 2023-01-01 2023-12-31 C001683 14 2023-01-01 2023-12-31 C001683 17 2023-01-01 2023-12-31 C001683 22 2023-01-01 2023-12-31 C001683 23 2023-01-01 2023-12-31 C001683 24 2023-01-01 2023-12-31 C001683 25 2023-01-01 2023-12-31 C001683 26 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 7 2023-01-01 2023-12-31 C001683 7 2022-01-01 2022-12-31 C001683 8 2023-01-01 2023-12-31 C001683 8 2022-01-01 2022-12-31 C001683 9 2023-01-01 2023-12-31 C001683 10 2023-01-01 2023-12-31 C001683 10 2022-01-01 2022-12-31 C001683 11 2023-01-01 2023-12-31 C001683 11 2022-01-01 2022-12-31 C001683 12 2023-01-01 2023-12-31 C001683 13 2023-01-01 2023-12-31 C001683 14 2023-01-01 2023-12-31 C001683 15 2023-01-01 2023-12-31 C001683 16 2023-01-01 2023-12-31 C001683 17 2023-01-01 2023-12-31 C001683 18 2023-01-01 2023-12-31 C001683 18 2022-01-01 2022-12-31 C001683 M1/M1 2023-01-01 2023-12-31 C001683 M1/M1 2022-01-01 2022-12-31 C001683 NS/NSL 2023-01-01 2023-12-31 C001683 NS/NSL 2022-01-01 2022-12-31 C001683 SM/SM 2023-01-01 2023-12-31 C001683 SM/SM 2022-01-01 2022-12-31 C001683 Estimates 2023-01-01 2023-12-31 C001683 Estimates 2022-01-01 2022-12-31 C001683 1 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 7 2023-01-01 2023-12-31 C001683 8 2023-01-01 2023-12-31 C001683 10 2023-01-01 2023-12-31 C001683 11 2023-01-01 2023-12-31 C001683 13 2023-01-01 2023-12-31 C001683 15 2023-01-01 2023-12-31 C001683 17 2023-01-01 2023-12-31 C001683 18 2023-01-01 2023-12-31 C001683 6 2023-01-01 2023-12-31 C001683 6 2023-01-01 2023-12-31 C001683 7 2023-01-01 2023-12-31 C001683 8 2023-01-01 2023-12-31 C001683 9 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 ferc:TransmissionCompressorStationsMember 2023-01-01 2023-12-31 C001683 ferc:PayrollBilledByAffiliatedCompaniesMember 2023-01-01 2023-12-31 C001683 74 2023-01-01 2023-12-31 C001683 ferc:PayrollBilledByAffiliatedCompaniesMember 74 2023-01-01 2023-12-31 C001683 1 2023-01-01 2023-12-31 C001683 1 2023-12-31 C001683 ferc:FullyOwnedAndOperatedByRespondentMember 2023-12-31 C001683 ferc:FullyOwnedAndOperatedByRespondentMember 2023-01-01 2023-12-31 C001683 ferc:JointlyOwnedAndOperatedByRespondentMember 2023-01-01 2023-12-31 C001683 ferc:NotOperatedByRespondentMember 2023-01-01 2023-12-31 C001683 ferc:OperatedButNotOwnedByRespondentMember 2023-01-01 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 2 2023-12-31 C001683 2 2023-01-01 2023-12-31 C001683 3 2023-01-01 2023-12-31 C001683 4 2023-01-01 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 ferc:SingleDayPeakDeliveriesMember 2023-01-01 2023-12-31 C001683 ferc:DeliveredToInterstatePipelinesMember ferc:SingleDayPeakDeliveriesMember 2023-01-01 2023-12-31 C001683 ferc:DeliveredToOthersMember ferc:SingleDayPeakDeliveriesMember 2023-01-01 2023-12-31 C001683 ferc:SingleDayPeakDeliveriesMember 8 2023-01-01 2023-12-31 C001683 ferc:DeliveredToInterstatePipelinesMember ferc:SingleDayPeakDeliveriesMember 8 2023-01-01 2023-12-31 C001683 ferc:SingleDayPeakDeliveriesMember 21 2023-01-01 2023-12-31 C001683 ferc:DeliveredToInterstatePipelinesMember ferc:SingleDayPeakDeliveriesMember 21 2023-01-01 2023-12-31 C001683 ferc:DeliveredToOthersMember ferc:SingleDayPeakDeliveriesMember 21 2023-01-01 2023-12-31 C001683 ferc:SingleDayPeakDeliveriesMember 22 2023-01-01 2023-12-31 C001683 ferc:DeliveredToInterstatePipelinesMember ferc:SingleDayPeakDeliveriesMember 22 2023-01-01 2023-12-31 C001683 ferc:ThreeDayPeakDeliveriesMember 2023-01-01 2023-12-31 C001683 ferc:DeliveredToInterstatePipelinesMember ferc:ThreeDayPeakDeliveriesMember 2023-01-01 2023-12-31 C001683 ferc:DeliveredToOthersMember ferc:ThreeDayPeakDeliveriesMember 2023-01-01 2023-12-31 C001683 ferc:ThreeDayPeakDeliveriesMember 30 2023-01-01 2023-12-31 C001683 ferc:DeliveredToInterstatePipelinesMember ferc:ThreeDayPeakDeliveriesMember 30 2023-01-01 2023-12-31 C001683 ferc:ThreeDayPeakDeliveriesMember 43 2023-01-01 2023-12-31 C001683 ferc:DeliveredToInterstatePipelinesMember ferc:ThreeDayPeakDeliveriesMember 43 2023-01-01 2023-12-31 C001683 ferc:DeliveredToOthersMember ferc:ThreeDayPeakDeliveriesMember 43 2023-01-01 2023-12-31 C001683 ferc:ThreeDayPeakDeliveriesMember 44 2023-01-01 2023-12-31 C001683 ferc:DeliveredToInterstatePipelinesMember ferc:ThreeDayPeakDeliveriesMember 44 2023-01-01 2023-12-31 C001683 5 2023-01-01 2023-12-31 C001683 12 2023-01-01 2023-12-31 C001683 15 2023-01-01 2023-12-31 C001683 18 2023-01-01 2023-12-31 C001683 27 2023-01-01 2023-12-31 C001683 8 2023-01-01 2023-12-31 C001683 16 Stagecoach Pipeline & Storage Company, L.L.C. 2023-01-01 2023-12-31 C001683 17 Stagecoach Pipeline & Storage Company, L.L.C. 2023-01-01 2023-12-31 C001683 32 Stagecoach Pipeline & Storage Company, L.L.C. 2023-01-01 2023-12-31 C001683 33 Stagecoach Pipeline & Storage Company, L.L.C. 2023-01-01 2023-12-31 C001683 34 Stagecoach Pipeline & Storage Company, L.L.C. 2023-01-01 2023-12-31 C001683 35 Stagecoach Pipeline & Storage Company, L.L.C. 2023-01-01 2023-12-31 C001683 36 Stagecoach Pipeline & Storage Company, L.L.C. 2023-01-01 2023-12-31 C001683 37 Stagecoach Pipeline & Storage Company, L.L.C. 2023-01-01 2023-12-31 xbrli:pure utr:kWh utr:mi utr:MW iso4217:USD iso4217:USD utr:dth utr:dth 7 5 3 1 2 4 6 2 4 Matthew J. Wojtalewicz Vice President and Controller 1001 Louisiana Street, Suite 1000, Houston, TX 77002 true false We are a New York limited liability company formed in 2001. 2001-10-01 Respondent was primarily engaged in the transmission of natural gas in the following states: New York, Pennsylvania. false Kinder Morgan, Inc. M DE 1.00 Kinder Morgan GP LLC I DE 0.0242 Kinder Morgan Energy Partners, L.P. I DE 1.00 Kinder Morgan Operating LLC "A" I DE 1.00 Stagecoach Gas Services LLC D DE 1.00 1 2 3 4 5 0 <div><p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">1. None.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">2. None.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">3. None.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">4. None.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">5. None.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">6. None.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">7. None.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">8. None.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">9.&#160;</font><font style="font-family: Arial, sans-serif; font-size: 16pt;">See page 122.1, Notes to Financial Statements, Note 2 "Summary of Significant Accounting Policies."</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">10. None.</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">11.&#160;</font><font style="font-family: Arial, sans-serif; font-size: 16pt;">See page 122.1, Notes to Financial Statements, Note 6 "Rate and Regulatory Matters."</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">12. Changes made during the year ended December 31, 2023:</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Appointments:</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Pete Almaraz - Vice President</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Eric McCord - Vice President and Secretary</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Angela S. Teer - Assistant Secretary</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Resignations:</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Adam Forman - Vice President and Secretary</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Eric McCord - Assistant Secretary</font></p> <p style="padding-left: 30px;"><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">Michael J. Pitta - Vice President</font></p> <p><font style="font-family: arial, helvetica, sans-serif; font-size: 16pt;">13. N/A.</font></p></div> Transportation and Exchange Imbalance Payable 1081392 Electric Compression Power Accrual 909364 1990756 1 2 Millennium Pipeline Company - Receipt - Pennsylvania, Delivery - New York 1254858 4602123 1254858 4602123 1 1611821 1611821 1 2 3 4 5 1 2 3 FERC Form 2 Stagecoach System Map 2024.pdf See system map attached. 1 18813739 18813739 36443 36443 18850182 18850182 544738970 544738970 544738970 544738970 544738970 544738970 289529118 289529118 255209852 255209852 289529118 289529118 289529118 289529118 854 857 1330 812 Gas Used for Other Utility Operations - Credit Gas Used - Deferred 3rd Party Billings 186 17 35 Gas Used - Unaccounted For 813 848041 1670177 Gas Used - Other Fuel Compressor Stations 855 2032 5303 Gas Used - Mains Operations 856 2234 3644 Gas Used - Maintenance of Mains 863 1273 2071 854454 1682560 5 6 7 8 9 10 1824101 Cash Out Sales 43300 1867401 12 FERC Annual Charge Adjustment 12 months ending September 30 Pursuant to 18 CFR 154.402 (a) and 18 CFR 382.202 803067 916251 928 1032130 687188 803067 916251 1032130 687188 1 Flow-Zone LLC 641565 Otis Minnesota Services 4881338 Star Measurement 572447 Edgen Murray Corporation 304035 Other (less than $250,000) 1636002 8035387 1 2 3 4 5 1 4131 1321 Shared Service Allocations 235331 240783 6 48436 Health and life insurance 224949 Long-term disability insurance 5580 401K Employer contributions 91954 Other 18221 389140 6 7 8 9 4709475 4709475 697238 6868 3207 6868 3207 924178 805222 86649374 137192812 87573552 137998034 648374146 636096885 1867401 2841951 1867401 2841951 924178 805222 88523643 144747445 89447821 145552667 924178 805222 88523643 144747445 89447821 145552667 0 0 1 Advance of Deferred Income Taxes to Member 3123093 1700683 4823776 135967 529011 3259060 1700683 5352787 1 New York NY Fully Owned and Operated by Respondent 23.1 Pennsylvania PA Fully Owned and Operated by Respondent 64.0 87.1 87.1 1 2 3 4 5 6 7 270774901 270774901 18850182 18850182 18850182 18850182 88965 88965 7000 7000 95965 95965 289529118 289529118 289263731 289263731 265387 265387 7 7 11695020 11695020 80082374 861 80083235 282042908 282042908 170188386 21655 88965 170121076 87165 87165 39651 39651 544048339 109681 88965 544069055 117464 117464 500159 500159 32356 19936 52292 649979 19936 669915 649979 19936 669915 544698318 129617 88965 544738970 544698318 129617 88965 544738970 514915 514915 1410349 1410349 1925264 1925264 180267 180267 180267 180267 695182 695182 1410349 1410349 2105531 2105531 2105531 2105531 1531 1531 1531 1531 Account 186 39189 39189 39189 39189 2146251 2146251 7 58 58 56117330 73809 7092568 7166377 53214093 69581 7103705 7173286 54522925 73940 7252957 7326897 126661 126661 131737 131737 3467 3467 126661 126661 131737 131737 3467 3467 56117330 73809 7219229 7293038 53214093 69581 7235500 7305081 54522925 73940 7256424 7330364 FTS 6010414 9016 785361 794377 6425235 8995 783021 792016 5765869 8072 765071 773143 FTS-2 39418803 58223 4897100 4955323 39980424 55001 4911600 4966601 36823023 50223 4856183 4906406 FWS 8080361 9432 1274698 1284130 8426639 9056 1281456 1290512 8840262 11544 1332387 1343931 ITS 1097000 1646 54850 56496 1055500 1478 52775 54253 1200500 1681 60025 61706 ITS-2 806825 1177 64696 65873 222377 275 19082 19357 578362 788 47466 48254 FSS 37709 37709 37709 37709 37709 37709 IWS 137521 103 12379 12482 7174 574 574 ESTIMATE 566406 -5788 -34225 -40013 -2903256 -5224 17488 12264 1314909 1632 154116 155748 1 2 3 4 5 6 7 8 2023-12-21 1563218 160075 1723293 35990 35990 Authorized Overrun 1527 1527 1600735 160075 1760810 Operational Balancing Agreement 48542 -95 48447 Park and Loan 20000 20000 68542 -95 68447 2023-12-20 4585651 480225 5065876 112965 112965 Authorized Overrun 1527 1527 4700143 480225 5180368 3134 311 3445 Operational Balancing Agreement 4425 -253 4172 Park and Loan 130000 130000 137559 58 137617 89447821 145552667 14515398 15394679 14515398 15394679 461624 716072 461624 716072 18850182 21318297 18850182 21318297 5958946 5828629 5958946 5828629 8185969 18093042 8185969 18093042 4203732 9422364 4203732 9422364 1708256 1956885 1708256 1956885 11703 11349 11703 11349 53872404 72718619 53872404 72718619 35575417 72834048 35575417 72834048 1719550 1719550 660 1172 1172 1832 1172 361106 119161 480267 1237451 -1172 526 330 526 -330 36812342 72833206 36812342 72833206 72833206 36812342 0 0 36812342 72833206 0 Distributions of Earnings to Member 211 -36812342 -72833206 1 9878899 Federal Income Tax 364729 State Deferred Income Tax 18850182 Book Depreciation and Amortization 1172 Non-deductible Lobbying Expense 660 Penalties 29095642 539 Bad Debt Accrual 539 25196533 Tax Depreciation and Amortization 25196533 40710912 8549291 21% of Taxable Income -2216 Return to Provision/Other 8547075 Federal Income Tax - Current 5 8 9 10 11 12 15 18 22 23 24 25 26 27 Federal Energy Regulatory Commission Docket No. RM-87-3-2023 916251 916251 916251 182.3 229063 687188 Federal Energy Regulatory Commission Docket No. RM-87-3-2022 1070756 1070756 803067 182.3 803067 FSS allocation -25541 -25541 1987007 1987007 803067 890710 1006589 687188 1 2 3 13269 103496 46649 163414 15009 117064 52765 184838 13269 103496 46649 163414 15009 117064 52765 184838 190 1484 669 2343 215 1679 757 2651 104 813 367 1284 118 920 415 1453 Various 812 294 2297 1036 3627 333 2599 1172 4104 3702 28879 13016 45597 4187 32665 14722 51574 813 812 3702 28879 13016 45597 4187 32665 14722 51574 9273 72320 32597 114190 10489 81800 36871 129160 9273 72320 32597 114190 10489 81800 36871 129160 9273 72320 32597 114190 10489 81800 36871 129160 174 806 Other Dispositions 9273 72320 32597 114190 10489 81800 36871 129160 Gas due from shippers 41962 2357 39605 41962 2357 39605 41962 2357 39605 30782 1003 29779 11180 1354 9826 3165056 1698325 4863381 3165056 1698325 4863381 3165056 1698325 4863381 2321757 1334950 3656707 843299 363375 1206674 Deferred Income Tax Rate Adjustment (amortized through January 2036) 145936 411.1 11703 7574 141807 145936 11703 7574 141807 1 532374 0.0260 670 0.00 Intangible Plant (footnote details) Other Gas Storage (footnote details) 9 10 Other (less than $250,000) 660 Other (less than $250,000) 1172 Late Payment Fees 526 1 3 5 7 8 10 11 13 15 17 18 14021 101741 45588 161350 16250 117918 52836 187004 See Footnote 14021 101741 45588 161350 16250 117918 52836 187004 345 2505 1122 3972 400 2903 1301 4604 2 18 8 28 2 21 9 32 Various 812 347 2523 1130 4000 402 2924 1310 4636 4510 32725 14664 51899 5227 37928 16996 60151 813 812 4510 32725 14664 51899 5227 37928 16996 60151 9164 66493 29794 105451 10621 77066 34530 122217 9164 66493 29794 105451 10621 77066 34530 122217 9164 66493 29794 105451 10621 77066 34530 122217 174 806 Other Dispositions 9164 66493 29794 105451 10621 77066 34530 122217 Gas due from shippers 164876289 164876289 14850 74117 61568 150535 29002 144751 120242 293995 14850 74117 61568 150535 29002 144751 120242 293995 30 147 122 299 59 287 238 584 854 810 30 147 122 299 59 287 238 584 146 720 599 1465 285 1406 1170 2861 Various 812 146 720 599 1465 285 1406 1170 2861 16479 82248 68322 167049 32183 160630 133433 326246 813 812 16479 82248 68322 167049 32183 160630 133433 326246 -1805 -8998 -7475 -18278 -3525 -17572 -14599 -35696 -1805 -8998 -7475 -18278 -3525 -17572 -14599 -35696 Other Dispositions 1805 8998 7475 18278 3525 17572 14599 35696 806 174 Gas due from shippers 1805 8998 7475 18278 3525 17572 14599 35696 Account 489.2, Revenues from transportation of gas of others through transmission facilities. 19573370 50867031 45390802 314882233 19573370 50867031 45390802 314882233 1 Unaccounted For Valuation 1670177 Fuel/LAUF Revaluation 289742 T&E Imbalance Revaluation 88708 Line Pack Revaluation 5131 2053758 1 2 3 4 43908 43908 45201 45201 5131 5131 3838 3838 2171 2171 1.7678 1.7678 M1S:MARC 1 South, PA Transmission Compressor Stations 2 14315 83330806 1330 16287 407656 857 PT28H 2 2023-04-11 NS2:North South Pipeline, PA Transmission Compressor Stations 2 30388 38585983 4600355 457798 51887640 PT8727H 1 2023-05-26 NS1:North South Pipeline, NY Transmission Compressor Stations 1 13410 128287522 2664925 314709 54112036 PT8643H 1 2023-07-27 Subtotal Transmission Compressor Stations 5 58113 250204311 1330 7281567 1180163 857 105999676 PT17398H 4 250204311 1 2 3 4 265217426 278068104 265217426 278068104 1207129 493207 83575 7875 365680 174936 2755500 3647140 3431518 8029281 5005188 11340273 273869754 292839895 Change in customer advances for construction 7514594 -8029281 Net salvage / (cost of removal) 7000 7521594 -8029281 1 2 Distributions to Member 63860091 127495401 63860091 127495401 1 Transfer from Account 216 36812342 Transfer from Account 236 12496388 Transfer from Account 186 1700683 Distributions to Member -63860091 -12850678 1 2 3 4 274086 2160907 1824100 2595622 2098186 4756529 -2030263 175118 45201 43908 67174 1681230 7109953 7177127 6110235 440414 3864755 440414 3864755 89241 79589 761838 576179 1330 67174 7281567 4812096 435453 372411 144614 84545 990043 35889 53816 6192 9148 10010982 7045001 7809 177512 181090 276303 531016 3966 461624 716072 10472606 7761073 -539 345 -539 345 1410349 1384063 34426 26496 382148 1019245 251216 243829 189662 197601 357676 1006589 805802 269930 160228 179936 4064541 4484578 4064541 4484578 14977022 16110751 544738970 544698318 26014 544724332 270774901 273949431 255209852 273949431 7207563 10369747 539 10280 189420 66665 1649620 3557400 2700882 12576484 14786375 6079580 4104089 273869754 292839895 18850182 21318297 1696553 1945536 -2294847 5371714 122755 66665 -680579 1799125 -115879 248870 12530349 27388119 71496818 119597034 115133 130914 7636727 -7898367 -7636727 7898367 -63860091 -127495401 278068104 265217426 Change in gas owed to system -3838 Change in prepayments 37799 66537 Current income taxes 12496388 27321582 1 2 3 M1/M1 646358 363494 907181 452257 NS/NSL 1113338 794993 914009 661407 SM/SM 6215730 2819635 3093094 2103661 System Inventory 5091405 1969662 7975426 3978122 10005689 5186987 1 2 3 4 <div><p><font style="font-size: 18.0pt; font-family: 'Arial',sans-serif; color: black;">1. Construction Overhead</font></p> <p><font style="font-size: 18.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">(a) Overhead charges are intended to cover those indirect costs pertaining to construction activities for departments such as engineering, operations and accounting for their labor and related employee benefits and office space. The overhead amount capitalized is charged to all construction projects by applying a construction overhead clearing rate to direct project costs.</font></p> <p class="MsoNormal"><font style="font-size: 18.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">(b) The overhead capitalized is primarily based on periodic studies to identify indirect capital costs that are not charged directly to construction projects.</font></p> <p class="MsoNormal"><font style="font-size: 18.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">(c) Costs are accumulated in a blanket overhead project and distributed monthly to individual construction projects.</font></p> <p class="MsoNormal"><font style="font-size: 18.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">(d) Different overhead rates are applied based on the nature of the construction project.</font></p> <p class="MsoNormal"><font style="font-size: 18.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">(e) The basis for the differentiation in overhead rates stems from the economies of scale that are achieved with these projects.</font></p> <p class="MsoNormal"><font style="font-size: 18.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">(f) Overheads are directly assigned to each project.</font></p> <p class="MsoNormal"><font style="font-size: 18.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">2. Allowance for Funds Used During Construction</font></p> <p class="MsoNormal"><font style="font-size: 18.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">Allowance for funds used during construction is calculated below.</font></p> <p class="MsoNormal"><font style="font-size: 18.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">3. Net-of-Tax rate for borrowed funds</font></p> <p class="MsoNormal"><font style="font-size: 18.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-bidi-font-weight: bold;">Not Applicable</font></p></div> 278068104 Stagecoach Pipeline & Storage Company LLC 1.00 278068104 1.00 0.00 0.0527 0.00 William E. Morgan Vice President, Operational Controller /s/ William E. Morgan 2024-04-11 2 Stagecoach Pipeline & Storage Company LLC C001683 2023 Q4 1001 Louisiana Street, Suite 1000, Houston, TX 77002 James M. Brossett Divisional Controller 2 North Nevada Avenue, Colorado Springs, CO 80903 719-520-4721 O 2023-12-31 IRIS Carbon <div><!--?xml version="1.0" encoding="utf-8" standalone="no"?--> <p style="margin:0pt"><br/></p> <p style="margin:0pt"><br/></p> <div class="Section1"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">1. General</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Organization</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="font-family: Arial;">Stagecoach Pipeline &amp; Storage Company LLC (Stagecoach Pipeline) is a New York limited liability company formed in 2001. Stagecoach Pipeline is an indirect wholly-owned subsidiary of Kinder Morgan, Inc. (KMI).</font> <font style="font-family: Arial;">For purposes of this report, references to &#8220;us,&#8221; &#8220;we,&#8221; &#8220;our,&#8221; &#8220;the Company,&#8221; or &#8220;Respondent&#8221; mean Stagecoach Pipeline solely in its capacity as the owner and operator of the North-South and Marc I Projects (described below). References to Stagecoach Pipeline mean Stagecoach Pipeline in its capacity as a legal entity, thus capturing all of the company's assets and operations (including the North-South and Marc I Projects).</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Description of Operations</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="font-family: Arial;">Stagecoach Pipeline owns natural gas storage and natural gas transportation facilities that are regulated by the Federal Energy Regulatory Commission (FERC). The Stagecoach natural gas storage facility was originally placed into service in 2001 and provides storage services to customers under market-based rate authority granted by the FERC. The Stagecoach South Lateral connects the Stagecoach Central Compressor Station in Tioga County, New York to Tennessee Gas Pipeline's (TGP) 300 Line in Bradford County, Pennsylvania. The Stagecoach North Lateral connects the Stagecoach Central Compressor Station to the Millennium Pipeline in Tioga County, New York.</font> <font style="font-family: Arial;">The Respondent offers firm wheeling services through its North and South Laterals to/from TGP's 300 Line and the Millennium Pipeline and various points in between under negotiated and discounted rate contracts (subject to cost-of-service recourse rates). The Marc I Project facilities extend from the Respondent's Stagecoach South Lateral interconnect with TGP's 300 Line southward to Transcontinental Gas Pipeline Corporation's (Transco) Leidy Line.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2. Summary of Significant Accounting Policies</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Basis of Presentation</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">The Respondent's financial statements are prepared in accordance with the accounting requirements of the 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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">The Respondent's financial statements are inclusive of only a portion of Stagecoach Pipeline's financial results, representing the results exclusively of the North-South and Marc I Projects. As such, these financial statements do not reflect the financial position and results of operations of Stagecoach Pipeline as a legal entity. Storage-related revenues are not included in the results of operations in these financial statements. Expenses are directly assigned to the cost-based transportation services whenever possible and expenses that are specifically unique to providing market-based storage services have been excluded for the periods presented. Where direct assignment of costs is not possible, costs are allocated to the Marc I facilities and the North-South Lateral facilities based on gross plant balances for each. The North-South Lateral allocation is further broken down between cost-based and market-based activities on the laterals based on the percentage of contract demand for cost-based services relative to total contract demand on the laterals. The expenses allocated to market-based activities and services as described above are excluded for the periods presented.</font></p> </div> <p><font style="font-family: Arial; font-size: 16pt; text-align: justify;">Management has evaluated subsequent events through April 11, 2024, the date the financial statements were available to be issued.</font></p> <div class="Section2"> <p style="margin-top: 14pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Use of Estimates</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Cash Equivalents</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">We define cash equivalents as all highly liquid short-term investments with original maturities of three months or less.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Allowance for Credit Losses</font></p> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">Our allowance for credit losses is recorded in Account 144 "Accum. Provision for Uncollectible Accounts - Credit" on our balance sheets.</font></p> <p style="margin-top: 14pt; margin-left: 36pt; margin-bottom: 14pt; text-indent: -36pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Inventories</font></p> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">Our inventories, which consist of materials and supplies, are valued at weighted-average cost, and we periodically review for physical deterioration and obsolescence.</font></p> <p style="margin-top: 14pt; margin-left: 36pt; margin-bottom: 14pt; text-indent: -36pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 14pt; margin-left: 36pt; margin-bottom: 14pt; text-indent: -36pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 14pt; margin-left: 36pt; margin-bottom: 14pt; text-indent: -36pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 14pt; margin-left: 36pt; margin-bottom: 14pt; text-indent: -36pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 14pt; margin-left: 36pt; margin-bottom: 14pt; text-indent: -36pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 14pt; margin-left: 36pt; margin-bottom: 14pt; text-indent: -36pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 14pt; margin-left: 36pt; margin-bottom: 14pt; text-indent: -36pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Natural Gas Imbalances</font></p> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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> </div> <p><font style="font-family: Arial; font-style: italic; font-size: 16pt; text-align: justify;">Property, Plant and Equipment</font></p> <div class="Section3"> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">We capitalize a carrying cost (an allowance for funds used during construction or AFUDC) on debt funds related to the construction of long-lived assets. This carrying cost consists of a return on the investment financed by debt. The debt portion is calculated based on KMI&#8217;s long-term 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. </font></p> <p style="margin-top: 14pt; margin-bottom: 14pt; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Asset Retirement Obligations (ARO)</font></p> <p style="margin-top: 0pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 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, 2023 and 2022.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Long-lived Asset Impairments</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">There were no impairments for the years ended December 31, 2023 and 2022.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Revenue Recognition</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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> </div> <p style="text-align: justify;"><font style="font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Revenue from Contracts with Customers.</font><font style="font-family: Arial;"> 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> <div class="Section4"> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Contract Balances.</font><font style="font-family: Arial;"> Contract assets and contract liabilities are the result of timing differences between revenue recognition, billings and cash collections. As of December 31, 2023 and 2022, we had no contract assets or contract liabilities.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Major Customers. </font><font style="font-family: Arial;">For the year ended December 31, 2023, revenues from our two largest customers were approximately $26.1 million and $17.1 million, each of which exceeded 10% of our operating revenues. For the year ended December 31, 2022, revenues from our three largest customers were approximately $31.7 million, $16.6 million and $15.2 million, each of which exceeded 10% of our operating revenues.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Legal Proceedings</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-size: 16pt;">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 numerous and substantial 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> </div> <div class="Section5"> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">We had no accruals for any outstanding legal proceedings as of December 31, 2023 and 2022.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Environmental Matters</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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, such as after the completion of a feasibility study or 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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">We routinely conduct reviews of potential environmental issues and claims that 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.&#160;</font></p> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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, 2023 and 2022.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Regulatory Assets and Liabilities</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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. Refer to Note 6 for further information.</font></p> </div> <p><font style="font-family: Arial; font-weight: bold; font-size: 16pt; text-align: justify;">3. Income Taxes</font></p> <div class="Section6"> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">We are a limited liability company and are not subject to federal or state income taxes; however, all of our activities are included in the tax returns of KMI, which is a taxable C-corporation. Our approved rates include an allowance for income taxes, calculated as if we were a taxable corporation, and the FERC requires that we reflect such taxes in our financial statements.</font></p> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">We record current income taxes based on our taxable income and we provide for deferred income taxes to reflect estimated future tax payments and receipts. Deferred taxes represent the tax impacts of differences between the financial statement and tax bases of assets and liabilities and carryovers at each year end. We account for tax credits under the flow-through method, which reduces the provision for income taxes in the year the tax credits first become available. We reduce deferred tax assets by a valuation allowance when, based on our estimates, it is more likely than not that a portion of those assets will not be realized in a future period. The estimates utilized in the recognition of deferred tax assets are subject to revision, either up or down, in future periods based on new facts or circumstances. Income taxes charged to us are reflected in the accompanying comparative balance sheet in Account 236 "Taxes Accrued" and Accounts 190, 282, and 283 "Accumulated Deferred Income Taxes." A portion of the activity in Account 211 "Miscellaneous Paid-In Capital" reflects the income taxes assigned or advanced to our Member. Current income taxes assigned to our Member are transferred into Account 211 from Account 236. Deferred income taxes advanced to our Member are transferred into Account 211 with an offsetting adjustment to Account 186 "Miscellaneous Deferred Debits." For more information, see Note 5.</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">The following table reflects the components of income tax expense included in net income (in millions):</font></p> <p style="margin-top: 14pt; margin-bottom: 14pt;"><font style="-aw-import: ignore;"> <br/></font></p> <table style="margin-left: 35.75pt; border-collapse: collapse; height: 394px;" cellspacing="0" cellpadding="0"> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: top; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 385.953px; border-width: 1pt 1pt 1pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">Year Ended December 31,</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: top; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187.297px; border-width: 0.75pt 1pt 4.5pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2023</font></p> </td> <td style="width: 187.375px; border-width: 0.75pt 1pt 4.5pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2022</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Current:</font></p> </td> <td style="width: 187.297px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: top; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187.375px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: top; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Federal</font></p> </td> <td style="width: 187.297px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 8.6 </font></p> </td> <td style="width: 187.375px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 18.1</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 10px;"> <p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">State</font></p> </td> <td style="width: 187.297px; border-width: 0.75pt 1pt 3pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 10px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">4.3</font></p> </td> <td style="width: 187.375px; border-width: 0.75pt 1pt 3pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 10px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">9.4</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187.297px; border-width: 3pt 1pt 3pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">12.9</font></p> </td> <td style="width: 187.375px; border-width: 3pt 1pt 3pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">27.5</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187.297px; border-width: 3pt 1pt 1pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187.375px; border-width: 3pt 1pt 1pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Deferred:</font></p> </td> <td style="width: 187.297px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187.375px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Federal</font></p> </td> <td style="width: 187.297px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">1.3</font></p> </td> <td style="width: 187.375px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">1.4</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">State</font></p> </td> <td style="width: 187.297px; border-width: 0.75pt 1pt 3pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">0.4</font></p> </td> <td style="width: 187.375px; border-width: 0.75pt 1pt 3pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">0.6</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187.297px; border-width: 3pt 1pt 3pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">1.7</font></p> </td> <td style="width: 187.375px; border-width: 3pt 1pt 3pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">2.0</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.75px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Total income tax expense</font></p> </td> <td style="width: 187.297px; border-width: 3pt 1pt 4.5pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 14.6 </font></p> </td> <td style="width: 187.375px; border-width: 3pt 1pt 4.5pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 29.5</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736px; border: 0.75pt dashed #bbbbbb; padding-right: 3.68pt; padding-left: 3.68pt; vertical-align: top; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 186.922px; border-width: 4.5pt 0.75pt 0.75pt; border-style: solid dashed dashed; border-color: #000000 #bbbbbb #bbbbbb; padding-right: 3.68pt; padding-left: 4.32pt; vertical-align: top; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187px; border-width: 4.5pt 0.75pt 0.75pt; border-style: solid dashed dashed; border-color: #000000 #bbbbbb #bbbbbb; padding-right: 3.68pt; padding-left: 4.32pt; vertical-align: top; height: 32px;"> <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> </tr> </table> </div> <p style="margin:0pt"><br/></p> <div class="Section7"> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">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 style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> <table style="margin-left: 35.75pt; border-collapse: collapse;" cellspacing="0" cellpadding="0"> <tr style="height: 25.2pt;"> <td style="width: 552.3pt; border: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 289.35pt; border-top: 1pt solid #000000; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">Year Ended December 31,</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 552.3pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 140.35pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 4.5pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2023</font></p> </td> <td style="width: 140.4pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 4.5pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2022</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 552.3pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Income tax expense at the statutory federal rate</font></p> </td> <td style="width: 140.35pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 10.8 </font><font style="font-family: Arial; -aw-import: spaces;"> <br/></font></p> </td> <td style="width: 140.4pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 21.5</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 552.3pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">State income tax, net of federal income tax effect</font></p> </td> <td style="width: 140.35pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">3.8</font></p> </td> <td style="width: 140.4pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">8.0</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 552.3pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Total income tax expense</font></p> </td> <td style="width: 140.35pt; border-top: 3pt solid #000000; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 4.5pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 14.6 </font></p> </td> <td style="width: 140.4pt; border-top: 3pt solid #000000; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 4.5pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 29.5</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 552.3pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Effective Tax Rate</font></p> </td> <td style="width: 140.35pt; border-top: 4.5pt solid #000000; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 4.5pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">28.4%</font></p> </td> <td style="width: 140.4pt; border-top: 4.5pt solid #000000; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 4.5pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">28.8%</font></p> </td> </tr> </table> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">The following are the components of our net deferred tax liability (in millions):</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> <table style="margin-left: 35.75pt; border-collapse: collapse;" cellspacing="0" cellpadding="0"> <tr style="height: 25.2pt;"> <td style="width: 736.719px; border: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: top;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 385.953px; border-width: 1pt 1pt 1pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom;" colspan="3"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">December 31,</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.719px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: top;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187.484px; border-width: 0.75pt 1pt 4.5pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2023</font></p> </td> <td style="width: 187.188px; border-width: 0.75pt 1pt 4.5pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2022</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.719px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Deferred tax liabilities:</font></p> </td> <td style="width: 187.484px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: top;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 187.188px; border-width: 0.75pt 1pt 1pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: top;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.719px; border-width: 0.75pt 1pt 1pt; border-style: dashed solid solid; border-color: #bbbbbb #000000 #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Property, plant and equipment</font></p> </td> <td style="width: 187.484px; border-width: 0.75pt 1pt 3pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: top;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 4.8 </font></p> </td> <td style="width: 187.188px; border-width: 0.75pt 1pt 3pt 0.75pt; border-style: dashed solid solid dashed; border-color: #bbbbbb #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: top;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 3.1</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 736.719px; border: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Net deferred tax liability</font></p> </td> <td style="width: 187.484px; border-width: 3pt 1pt 4.5pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: top;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 4.8 </font></p> </td> <td style="width: 187.188px; border-width: 3pt 1pt 4.5pt 0.75pt; border-style: solid solid solid dashed; border-color: #000000 #000000 #000000 #bbbbbb; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: top;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$ 3.1</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 734.656px; border-width: 1pt 0.75pt 0.75pt; border-style: solid dashed dashed; border-color: #000000 #bbbbbb #bbbbbb; padding-right: 4.18pt; padding-left: 4.18pt; vertical-align: top;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 168.453px; border-width: 4.5pt 0.75pt 0.75pt; border-style: solid dashed dashed; border-color: #000000 #bbbbbb #bbbbbb; padding-right: 4.18pt; padding-left: 4.68pt; vertical-align: top;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 203.188px; border-width: 4.5pt 0.75pt 0.75pt; border-style: solid dashed dashed; border-color: #000000 #bbbbbb #bbbbbb; padding-right: 4.18pt; padding-left: 4.68pt; vertical-align: top;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> </tr> </table> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">In accordance with the approval from the FERC under Docket No. AC23-1-000, in 2022 we reduced Account 282, "Accumulated Deferred Income Taxes -- Other Property" and increased Account 211, "Miscellaneous Paid-in Capital" by $2.3 million in connection with KMI&#8217;s July 2022 acquisition of Stagecoach Gas Services LLC and its subsidiaries, including Stagecoach Pipeline. This sale is a taxable transaction under the Internal Revenue Code and results in an increase to the tax basis of our assets.</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">4.</font> <font style="font-family: Arial; font-weight: bold;">Utility Plant</font></p> </div> <div class="Section8"> <p style="margin-top: 14pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Our net utility plant consisted of the following (in millions):</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; font-size: 16pt;"><br/></p> <table class="MsoNormalTable" style="border-collapse: collapse; mso-table-layout-alt: fixed; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 0in 0in 0in;" border="0" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; height: .35in;"> <td style="width: 360.9pt; border: dashed #BBBBBB 1.0pt; border-right: solid black 1.0pt; mso-border-alt: dashed #BBBBBB .75pt; mso-border-right-alt: solid black 1.0pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="481"><br/></td> <td style="width: 166.2pt; border-top: solid black 1.0pt; border-left: none; border-bottom: dashed #BBBBBB 1.0pt; border-right: solid black 1.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; mso-border-top-alt: solid black 1.0pt; mso-border-bottom-alt: dashed #BBBBBB .75pt; mso-border-right-alt: solid black 1.0pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="222"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">Annual Depreciation</font></strong></p> </td> <td style="width: 335.1pt; border: solid black 1.0pt; border-left: none; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="4" valign="bottom" width="447"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">December 31,</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 1; height: .35in;"> <td style="width: 360.9pt; border-top: none; border-left: dashed #BBBBBB 1.0pt; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; mso-border-bottom-alt: solid black 1.0pt; mso-border-right-alt: solid black 1.0pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="481"><br/></td> <td style="width: 166.2pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="222"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">Rates (%)</font></strong></p> </td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid black 4.5pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">2023</font></strong></p> </td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid black 4.5pt; border-right: solid black 1.0pt; mso-border-top-alt: solid black 1.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">2022</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 2; height: .35in;"> <td style="width: 360.9pt; border: solid black 1.0pt; border-top: none; mso-border-top-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 4.75pt; height: .35in;" valign="bottom" width="481"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">Transmission facilities (1)</font></p> </td> <td style="width: 166.2pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="222"> <p style="margin: 0in; text-align: center;" align="center"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">2.6/4.0</font></p> </td> <td style="width: 21.5pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: dashed #BBBBBB 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; mso-border-alt: dashed #BBBBBB .75pt; mso-border-bottom-alt: solid black 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: .35in;" valign="bottom" width="29"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 146.05pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="195"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">532.4</font></p> </td> <td style="width: 24.95pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: dashed #BBBBBB 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; mso-border-alt: dashed #BBBBBB .75pt; mso-border-bottom-alt: solid black 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: .35in;" valign="bottom" width="33"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 142.6pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="190"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">532.4</font></p> </td> </tr> <tr style="mso-yfti-irow: 3; height: .35in;"> <td style="width: 360.9pt; border: solid black 1.0pt; border-top: none; mso-border-top-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 4.75pt; height: .35in;" valign="bottom" width="481"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">General plant (1)</font></p> </td> <td style="width: 166.2pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="222"> <p style="margin: 0in; text-align: center;" align="center"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">8.33-9.09/4.0</font></p> </td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.6</font></p> </td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.6</font></p> </td> </tr> <tr style="mso-yfti-irow: 4; height: .35in;"> <td style="width: 360.9pt; border: solid black 1.0pt; border-top: none; mso-border-top-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 4.75pt; height: .35in;" valign="bottom" width="481"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">Accumulated depreciation and amortization</font></p> </td> <td style="width: 166.2pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="top" width="222"><br/></td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid windowtext 3.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">(289.5)</font></p> </td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid windowtext 3.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">(270.8)</font></p> </td> </tr> <tr style="mso-yfti-irow: 5; height: .35in;"> <td style="width: 360.9pt; border: solid black 1.0pt; border-top: none; mso-border-top-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 4.75pt; height: .35in;" valign="bottom" width="481"><br/></td> <td style="width: 166.2pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="top" width="222"><br/></td> <td style="width: 21.5pt; border-top: none; border-left: none; border-bottom: solid windowtext 3.0pt; border-right: dashed #BBBBBB 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; mso-border-bottom-alt: solid windowtext 3.0pt; mso-border-right-alt: dashed #BBBBBB .75pt; padding: 0in 5.4pt 0in 5.4pt; height: .35in;" valign="bottom" width="29"><br/></td> <td style="width: 146.05pt; border-top: none; border-left: none; border-bottom: solid windowtext 3.0pt; border-right: solid black 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="195"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">243.5</font></p> </td> <td style="width: 24.95pt; border-top: none; border-left: none; border-bottom: solid windowtext 3.0pt; border-right: dashed #BBBBBB 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; mso-border-bottom-alt: solid windowtext 3.0pt; mso-border-right-alt: dashed #BBBBBB .75pt; padding: 0in 5.4pt 0in 5.4pt; height: .35in;" valign="bottom" width="33"><br/></td> <td style="width: 142.6pt; border-top: none; border-left: none; border-bottom: solid windowtext 3.0pt; border-right: solid black 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="190"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">262.2</font></p> </td> </tr> <tr style="mso-yfti-irow: 6; height: .35in;"> <td style="width: 360.9pt; border: solid black 1.0pt; border-top: none; mso-border-top-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 4.75pt; height: .35in;" valign="bottom" width="481"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">Land</font></p> </td> <td style="width: 166.2pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="top" width="222"><br/></td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">11.7</font></p> </td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">11.7</font></p> </td> </tr> <tr style="mso-yfti-irow: 7; height: .35in;"> <td style="width: 360.9pt; border: solid black 1.0pt; border-top: none; mso-border-top-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 4.75pt; height: .35in;" valign="bottom" width="481"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">Construction work in progress</font></p> </td> <td style="width: 166.2pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="top" width="222"><br/></td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid windowtext 3.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">-</font></p> </td> <td style="width: 167.55pt; border-top: none; border-left: none; border-bottom: solid windowtext 3.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" colspan="2" valign="bottom" width="223"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">-</font></p> </td> </tr> <tr style="mso-yfti-irow: 8; mso-yfti-lastrow: yes; height: .35in;"> <td style="width: 360.9pt; border: solid black 1.0pt; border-top: none; mso-border-top-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 4.75pt; height: .35in;" valign="bottom" width="481"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">Net utility plant</font></p> </td> <td style="width: 166.2pt; border-top: none; border-left: none; border-bottom: solid black 1.0pt; border-right: solid black 1.0pt; mso-border-top-alt: dashed #BBBBBB .75pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="top" width="222"><br/></td> <td style="width: 21.5pt; border-top: none; border-left: none; border-bottom: solid black 4.5pt; border-right: dashed #BBBBBB 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; mso-border-bottom-alt: solid black 4.5pt; mso-border-right-alt: dashed #BBBBBB .75pt; padding: 0in 5.4pt 0in 5.4pt; height: .35in;" valign="bottom" width="29"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 146.05pt; border-top: none; border-left: none; border-bottom: solid black 4.5pt; border-right: solid black 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="195"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">255.2</font></p> </td> <td style="width: 24.95pt; border-top: none; border-left: none; border-bottom: solid black 4.5pt; border-right: dashed #BBBBBB 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; mso-border-bottom-alt: solid black 4.5pt; mso-border-right-alt: dashed #BBBBBB .75pt; padding: 0in 5.4pt 0in 5.4pt; height: .35in;" valign="bottom" width="33"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 142.6pt; border-top: none; border-left: none; border-bottom: solid black 4.5pt; border-right: solid black 1.0pt; mso-border-top-alt: solid windowtext 3.0pt; mso-border-left-alt: dashed #BBBBBB .75pt; padding: 0in 4.75pt 0in 5.4pt; height: .35in;" valign="bottom" width="190"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">273.9</font></p> </td> </tr> </table> </div> <div class="Section8"><br/></div> <div class="Section8"><font style="font-family: Arial; text-indent: -36pt;">(1)&#160; As of September 1, 2023 and in accordance with Article II of Docket No. RP23-558-001, we reduced depreciation rates to 2.6% on all transmission plant accounts, which includes a</font></div> <div class="Section8"><font style="font-family: Arial; text-indent: -36pt;">&#160; &#160; &#160; negative salvage rate of 0.10%.&#160;&#160;</font><font style="font-family: Arial;">General plant depreciation rates were increased to between 8.33% and 9.09%.</font> <p style="margin-top: 14pt; margin-bottom: 14pt;"><font style="-aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><br/></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">5. Related Party Transactions</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="font-family: Arial; font-style: italic; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="font-family: Arial; font-style: italic;">Proprietary Capital</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="-aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="font-family: Arial;">The following table reflects changes to our proprietary capital accounts resulting from distributions paid to our Member, as well as other changes in proprietary capital (in millions):</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><br/></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><br/></p> <table class="MsoNormalTable" style="width: 1102.2pt; border-collapse: collapse; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 0in 0in 0in;" border="0" width="1470" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-width: 1pt; border-style: dashed solid dashed dashed; border-color: #bbbbbb black #bbbbbb #bbbbbb; border-image: initial; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="top" width="648"><br/></td> <td style="width: 603.5pt; border-top: 1pt solid black; border-right: 1pt solid black; border-bottom: 1pt solid black; border-image: initial; border-left: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="13" valign="bottom" width="805"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">Year Ended December 31,</font></strong></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 1; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-top: none; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt dashed #bbbbbb; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="top" width="648"><br/></td> <td style="width: 298.9pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="6" valign="bottom" width="399"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">2023</font></strong></p> </td> <td style="width: 304.6pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="7" valign="bottom" width="406"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">2022</font></strong></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 2; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-top: none; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt dashed #bbbbbb; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="top" width="648"><br/></td> <td style="width: 146.25pt; border-top: none; border-left: none; border-bottom: 1pt dashed #bbbbbb; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="3" valign="bottom" width="195"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">Account</font></strong></p> </td> <td style="width: 152.65pt; border-top: none; border-left: none; border-bottom: 1pt dashed #bbbbbb; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="3" valign="bottom" width="204"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">Account</font></strong></p> </td> <td style="width: 155.1pt; border-top: none; border-left: none; border-bottom: 1pt dashed #bbbbbb; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="3" valign="bottom" width="207"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">Account</font></strong></p> </td> <td style="width: 149.5pt; border-top: none; border-left: none; border-bottom: 1pt dashed #bbbbbb; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="4" valign="bottom" width="199"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">Account</font></strong></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 3; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-top: none; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="top" width="648"><br/></td> <td style="width: 146.25pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="3" valign="bottom" width="195"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">211</font></strong></p> </td> <td style="width: 152.65pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="3" valign="bottom" width="204"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">216</font></strong></p> </td> <td style="width: 155.1pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="3" valign="bottom" width="207"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">211</font></strong></p> </td> <td style="width: 149.5pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="4" valign="bottom" width="199"> <p style="margin: 0in; text-align: center;" align="center"><strong><font style="font-size: 16pt; font-family: Arial, sans-serif;">216</font></strong></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 4; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in 3.75pt 0in 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Balance - Beginning of Period</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"> <p style="margin: 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">278.1</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"> <p style="margin: 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"> <p style="margin: 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">301.1</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"> <p style="margin: 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 5; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-top: none; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="648"><br/></td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"><br/></td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"><br/></td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"><br/></td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 6; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in 3.75pt 0in 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Net Income</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">36.8</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">72.8</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 7; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-top: none; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="648"><br/></td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"><br/></td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"><br/></td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"><br/></td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 8; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in 3.75pt 0in 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Transfer of net earnings from Account 216 (1)</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">36.8</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(36.8)</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">72.8</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(72.8)</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 9; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in 3.75pt 0in 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Transfer from Account 236 (1)</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">12.5</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">27.3</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 10; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in 3.75pt 0in 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Transfer from Account 186 (1)</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">1.7</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">2.0</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 11; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in .05in 0in .3in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Total Transfers</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">51.0</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(36.8)</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">102.1</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(72.8)</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 12; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-top: none; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="648"><br/></td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"><br/></td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"><br/></td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"><br/></td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"><br/></td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 13; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in 3.75pt 0in 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Distributions of pre-tax earnings</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(51.0)</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(102.1)</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 14; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in 3.75pt 0in 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Distributions as return of capital</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(12.9)</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(25.3)</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 15; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in .05in 0in .3in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Total Distributions to Member</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(63.9)</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">(127.4)</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 16; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-top: none; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="648"><br/></td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"><br/></td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"><br/></td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"><br/></td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"><br/></td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"><br/></td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"><br/></td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"><br/></td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"><br/></td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 17; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-top: none; border-left: 1pt solid windowtext; border-bottom: 1pt solid black; border-right: 1pt solid windowtext; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Adjust deferred tax balances pursuant to Docket No. AC23-1-000</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"> <p style="margin: 0in;">&#160;</p> </td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid windowtext; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt;">-</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"> <p style="margin: 0in;"><font style="font-size: 16.0pt;">&#160;</font></p> </td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid windowtext; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt;">-</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"> <p style="margin: 0in;"><font style="font-size: 16.0pt;">&#160;</font></p> </td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid windowtext; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">2.3</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 3pt solid windowtext; border-right: 1pt solid windowtext; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 18; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-top: none; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in;">&#160;</p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"> <p style="margin: 0in;">&#160;</p> </td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in;"><font style="font-size: 16.0pt;">&#160;</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"> <p style="margin: 0in;"><font style="font-size: 16.0pt;">&#160;</font></p> </td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in;"><font style="font-size: 16.0pt;">&#160;</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"> <p style="margin: 0in;"><font style="font-size: 16.0pt;">&#160;</font></p> </td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 1pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 19; height: .35in; mso-row-margin-right: 12.6pt;"> <td style="width: 486.1pt; border-right: 1pt solid black; border-bottom: 1pt solid black; border-left: 1pt solid black; border-image: initial; border-top: none; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt; height: 0.35in;" valign="bottom" width="648"> <p style="margin: 0in 3.75pt 0in 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">Balance - End of Period</font></p> </td> <td style="width: 17.5pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="23"> <p style="margin: 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 128.75pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="172"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">265.2</font></p> </td> <td style="width: 19pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="25"> <p style="margin: 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 133.65pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="width: 0.5in; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="48"> <p style="margin: 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 119.1pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" valign="bottom" width="159"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">278.1</font></p> </td> <td style="width: 16pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt dashed #bbbbbb; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="21"> <p style="margin: 0in;"><font style="font-size: 16pt; font-family: Arial, sans-serif;">$</font></p> </td> <td style="width: 133.5pt; border-top: none; border-left: none; border-bottom: 4.5pt solid black; border-right: 1pt solid black; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0in 3.4pt 0in 4.3pt; height: 0.35in;" colspan="2" valign="bottom" width="178"> <p style="margin: 0in; text-align: right;" align="right"><font style="font-size: 16pt; font-family: Arial, sans-serif;">-</font></p> </td> <td style="mso-cell-special: placeholder; border: none; padding: 0in 0in 0in 0in;" width="17"> <p class="MsoNormal">&#160;</p> </td> </tr> <tr style="mso-yfti-irow: 20; mso-yfti-lastrow: yes; height: .35in;"> <td style="width: 486.1pt; padding: 0in 0in 0in 0in; height: .35in;" width="648"><br/></td> <td style="width: 1.8pt; padding: 0in 0in 0in 0in; height: .35in;" width="2"><br/></td> <td style="width: 144.45pt; padding: 0in 0in 0in 0in; height: .35in;" colspan="2" width="193"><br/></td> <td style="width: 10.4pt; padding: 0in 0in 0in 0in; height: .35in;" width="14"><br/></td> <td style="width: 142.25pt; padding: 0in 0in 0in 0in; height: .35in;" colspan="2" width="190"><br/></td> <td style="width: 27.4pt; padding: 0in 0in 0in 0in; height: .35in;" width="37"><br/></td> <td style="width: 127.7pt; padding: 0in 0in 0in 0in; height: .35in;" colspan="2" width="170"><br/></td> <td style="width: 1.0pt; padding: 0in 0in 0in 0in; height: .35in;" width="1"><br/></td> <td style="width: 19.0pt; padding: 0in 0in 0in 0in; height: .35in;" colspan="2" width="25"><br/></td> <td style="width: 142.1pt; padding: 0in 0in 0in 0in; height: .35in;" colspan="2" width="189"><br/></td> </tr> </table> </div> <div class="Section9"> <p style="margin-top: 0pt; margin-left: 18pt; margin-bottom: 0pt; text-align: justify; background-color: #ffffff;"><font style="font-family: Arial;">(1)</font><font style="font-size: 7pt; -aw-import: spaces;">&#160;&#160; </font><font style="font-family: Arial;">Settlements of these amounts are made within equity and are considered non-cash financing activities.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-size: 16pt; font-style: italic;">Affiliate Balances and Activities</font></p> </div> <div class="Section10"> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">Through Stagecoach Pipeline's cash management agreement with KMI, Respondent participates in KMI's cash management program, which matches the short-term cash surpluses and needs of participating affiliates, thus minimizing total borrowings from outside sources. KMI uses the cash management program to settle intercompany transactions between participating affiliates. As of December 31, 2023 and 2022, Respondent had no balance with KMI or Stagecoach Pipeline under the cash management program.</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">The following table summarizes our other balance sheet affiliate balances (in millions):</font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> <table style="width: 871pt; border-collapse: collapse;" cellspacing="0" cellpadding="0"> <tr style="height: 26.4pt;"> <td style="width: 63.4pt; border-top: 1pt solid #000000; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 4.5pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom;" rowspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">Account</font></p> </td> <td style="width: 487.95pt; border-top: 1pt solid #000000; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: top; -aw-border-left: 0.75pt dash-large-gap;" rowspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 293.65pt; border-top: 1pt solid #000000; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap;" colspan="5"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">December 31,</font></p> </td> </tr> <tr style="height: 26.4pt;"> <td style="width: 142.2pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 4.5pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2023</font></p> </td> <td style="width: 142.8pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 4.5pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;" colspan="3"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2022</font></p> </td> </tr> <tr style="height: 26.4pt;"> <td style="width: 63.4pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 3.4pt; vertical-align: bottom; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial;">186</font></p> </td> <td style="width: 487.95pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-right: 3.75pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Advance of deferred income taxes to Member</font></p> </td> <td style="width: 8.75pt; border-top: 0.75pt dashed #bbbbbb; border-right: 0.75pt dashed #bbbbbb; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 4.32pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-right: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">$</font></p> </td> <td style="width: 124.05pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">4.8</font></p> </td> <td style="width: 8.75pt; border-top: 0.75pt dashed #bbbbbb; border-right: 0.75pt dashed #bbbbbb; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 4.32pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-right: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">$</font></p> </td> <td style="width: 124.65pt; border-top: 0.75pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 0.75pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.4pt; padding-left: 4.32pt; vertical-align: bottom; -aw-border-left: 0.75pt dash-large-gap; -aw-border-top: 0.75pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">3.1</font></p> </td> </tr> <tr style="height: 26.4pt;"> <td style="width: 70.45pt; border-top: 0.75pt solid #000000; border-right: 0.75pt dashed #bbbbbb; border-left: 0.75pt dashed #bbbbbb; border-bottom: 0.75pt dashed #bbbbbb; vertical-align: middle; -aw-border-bottom: 0.75pt dash-large-gap; -aw-border-left: 0.75pt dash-large-gap; -aw-border-right: 0.75pt dash-large-gap; -aw-border-top: 0.5pt single;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 495.8pt; border-top: 0.75pt solid #000000; border-right: 0.75pt dashed #bbbbbb; border-left: 0.75pt dashed #bbbbbb; border-bottom: 0.75pt dashed #bbbbbb; vertical-align: middle; -aw-border-bottom: 0.75pt dash-large-gap; -aw-border-left: 0.75pt dash-large-gap; -aw-border-right: 0.75pt dash-large-gap; -aw-border-top: 0.5pt single;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 17.4pt; border-top: 0.75pt solid #000000; border-right: 0.75pt dashed #bbbbbb; border-left: 0.75pt dashed #bbbbbb; border-bottom: 0.75pt dashed #bbbbbb; vertical-align: middle; -aw-border-bottom: 0.75pt dash-large-gap; -aw-border-left: 0.75pt dash-large-gap; -aw-border-right: 0.75pt dash-large-gap; -aw-border-top: 0.5pt single;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 132.9pt; border-top: 0.75pt solid #000000; border-right: 0.75pt dashed #bbbbbb; border-left: 0.75pt dashed #bbbbbb; border-bottom: 0.75pt dashed #bbbbbb; vertical-align: middle; -aw-border-bottom: 0.75pt dash-large-gap; -aw-border-left: 0.75pt dash-large-gap; -aw-border-right: 0.75pt dash-large-gap; -aw-border-top: 0.5pt single;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 16.4pt; border-top: 0.75pt solid #000000; border-right: 0.75pt dashed #bbbbbb; border-left: 0.75pt dashed #bbbbbb; border-bottom: 0.75pt dashed #bbbbbb; vertical-align: middle; -aw-border-bottom: 0.75pt dash-large-gap; -aw-border-left: 0.75pt dash-large-gap; -aw-border-right: 0.75pt dash-large-gap; -aw-border-top: 0.5pt single;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 132.5pt; border-top: 0.75pt solid #000000; border-right: 0.75pt dashed #bbbbbb; border-left: 0.75pt dashed #bbbbbb; border-bottom: 0.75pt dashed #bbbbbb; vertical-align: middle; -aw-border-bottom: 0.75pt dash-large-gap; -aw-border-left: 0.75pt dash-large-gap; -aw-border-right: 0.75pt dash-large-gap; -aw-border-top: 0.5pt single;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> </tr> </table> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">We do not have employees and are managed and operated by KMI, who provides services to us. Under KMI policies, we reimburse KMI at cost for direct and indirect costs incurred on our behalf and allocated general and administrative costs. These costs are included, as appropriate, in the &#8220;Operation, maintenance and payroll tax expenses&#8221; and &#8220;Capitalized costs&#8221; lines in the table below.</font></p> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">The following table shows revenues and costs from our affiliates (in millions):</font></p> <p style="margin-top: 14pt; margin-bottom: 14pt; text-align: justify;"><font style="-aw-import: ignore;"> <br/></font></p> <table style="border-collapse: collapse;" cellspacing="0" cellpadding="0"> <tr style="height: 25.2pt;"> <td style="width: 561.6pt; border-top: 1pt dashed #bbbbbb; border-right: 1pt solid #000000; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt dashed #bbbbbb; padding-right: 3.9pt; vertical-align: top; -aw-border-bottom: 1pt dash-large-gap; -aw-border-left: 1pt dash-large-gap; -aw-border-top: 1pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt;"><br/><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 289.6pt; border-top: 1pt solid #000000; border-right: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; padding-left: 5.4pt; vertical-align: bottom;" colspan="4"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">Year Ended December 31,</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 561.6pt; border-right: 1pt solid #000000; border-left: 1pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: top; -aw-border-left: 1pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt;"><br/><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 143.2pt; border-right: 1pt solid #000000; border-bottom: 4.5pt solid #000000; padding-right: 3.9pt; padding-left: 5.4pt; vertical-align: bottom;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2023</font></p> </td> <td style="width: 136.6pt; border-right: 1pt solid #000000; border-bottom: 4.5pt solid #000000; padding-right: 3.9pt; padding-left: 5.4pt; vertical-align: bottom;" colspan="2"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">2022</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 561.6pt; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Revenues</font></p> </td> <td style="width: 13.1pt; border-right: 1pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 4.4pt; vertical-align: bottom; -aw-border-right: 1pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial;">$</font></p> </td> <td style="width: 130.6pt; border-right: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">1.9</font></p> </td> <td style="width: 13.1pt; border-right: 1pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 4.4pt; vertical-align: bottom; -aw-border-right: 1pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; font-size: 16pt;"><font style="font-family: Arial;">$</font></p> </td> <td style="width: 124pt; border-right: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;">-</p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 561.6pt; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Operation, maintenance and payroll tax expenses</font></p> </td> <td style="width: 13.1pt; border-right: 1pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 4.4pt; vertical-align: bottom; -aw-border-right: 1pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 130.6pt; border-right: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">3.4</font></p> </td> <td style="width: 13.1pt; border-right: 1pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 4.4pt; vertical-align: bottom; -aw-border-right: 1pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 124pt; border-right: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">3.3</font></p> </td> </tr> <tr style="height: 25.2pt;"> <td style="width: 561.6pt; border-right: 1pt solid #000000; border-left: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Capitalized costs</font></p> </td> <td style="width: 13.1pt; border-right: 1pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 4.4pt; vertical-align: bottom; -aw-border-right: 1pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 130.6pt; border-right: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">0.1</font></p> </td> <td style="width: 13.1pt; border-right: 1pt dashed #bbbbbb; border-bottom: 1pt solid #000000; padding-right: 4.4pt; vertical-align: bottom; -aw-border-right: 1pt dash-large-gap;"> <p style="margin-top: 0pt; margin-bottom: 0pt;"><font style="-aw-import: ignore;"> <br/></font></p> </td> <td style="width: 124pt; border-right: 1pt solid #000000; border-bottom: 1pt solid #000000; padding-right: 3.9pt; vertical-align: bottom;"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: right; font-size: 16pt;"><font style="font-family: Arial;">-</font></p> </td> </tr> </table> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial; font-style: italic; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 14pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt;"><font style="font-family: Arial;">KMI and substantially all of its wholly owned domestic subsidiaries, including us, are a party to a cross guarantee agreement whereby each party to the agreement unconditionally guarantees, jointly and severally, the payment of specified indebtedness of each other party to the agreement.</font></p> </div> <p style="margin:0pt"><br/></p> <div class="Section11"> <p style="margin-top: 0pt; margin-bottom: 14pt; font-size: 16pt;"><font style="font-family: Arial; font-weight: bold;">6. Rate and Regulatory Matters</font></p> <p style="margin-top: 0pt; margin-bottom: 8pt; font-size: 16pt;"><font style="font-family: Arial; font-style: italic;">Regulatory Assets and Liabilities</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">As of December 31, 2023, the regulatory assets are subject to recovery in our rates, over a period of approximately one year.</font><font style="font-family: Arial; -aw-import: spaces;">&#160; </font><font style="font-family: Arial;">Below are the details of our regulatory assets and liabilities (in millions):</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><br/></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><br/></p> <table class="MsoTableGrid" style="width: 601.45pt; 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" width="802" cellspacing="0" cellpadding="0"> <tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; height: .35in;"> <td style="width: 381.9pt; border: none; border-right: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: .35in;" valign="top" width="509"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 219.55pt; border: solid windowtext 1.0pt; border-left: none; mso-border-left-alt: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: .35in;" colspan="4" valign="bottom" width="293"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">December 31,</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 1; height: .35in;"> <td style="width: 381.9pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-bottom-alt: solid windowtext 1.0pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: .35in;" valign="top" width="509"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 105.2pt; border-top: none; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 0.35in;" colspan="2" valign="bottom" width="140"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">2023</font></strong></p> </td> <td style="width: 114.35pt; border-top: 1pt solid windowtext; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 0.35in;" colspan="2" valign="bottom" width="152"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: center; line-height: normal;" align="center"><strong><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">2022</font></strong></p> </td> </tr> <tr style="mso-yfti-irow: 2; height: 20.15pt;"> <td style="width: 381.9pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext 1.0pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" width="509"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">Regulatory assets (Account 182.3)</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 2.25pt; mso-border-left-alt: solid windowtext 1.0pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 79.9pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 2.25pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" width="107"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 2.25pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 89.05pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 2.25pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" width="119"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> </tr> <tr style="mso-yfti-irow: 3; height: 20.15pt;"> <td style="width: 381.9pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" width="509"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;&#160; Unamortized FERC administrative charge</font></p> </td> <td style="width: 25.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 5px solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 79.9pt; border-top: none; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" width="107"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.7</font></p> </td> <td style="width: 25.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 5px solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 89.05pt; border-top: none; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" width="119"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.8</font></p> </td> </tr> <tr style="mso-yfti-irow: 5; height: 20.15pt;"> <td style="width: 381.9pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" width="509"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;&#160;&#160;&#160;&#160; Total regulatory assets (1)</font></p> </td> <td style="width: 25.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 5px solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 79.9pt; border-top: none; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" width="107"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.7</font></p> </td> <td style="width: 25.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 5px solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 89.05pt; border-top: none; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" width="119"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.8</font></p> </td> </tr> <tr style="mso-yfti-irow: 6; height: 20.15pt;"> <td style="width: 381.9pt; 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; height: 20.15pt;" width="509"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 2.25pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 79.9pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 2.25pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" width="107"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 25.3pt; border: none; border-bottom: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 2.25pt; mso-border-left-alt: solid windowtext .5pt; mso-border-bottom-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 89.05pt; border-top: none; border-left: none; border-bottom: solid windowtext 1.0pt; border-right: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext 2.25pt; mso-border-bottom-alt: solid windowtext .5pt; mso-border-right-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" width="119"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> </tr> <tr style="mso-yfti-irow: 7; height: 20.15pt;"> <td style="width: 381.9pt; 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; height: 20.15pt;" width="509"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">Regulatory liabilities (Account 254)</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; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 79.9pt; 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; height: 20.15pt;" width="107"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</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; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> <td style="width: 89.05pt; 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; height: 20.15pt;" width="119"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;</font></p> </td> </tr> <tr style="mso-yfti-irow: 8; height: 20.15pt;"> <td style="width: 381.9pt; 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; height: 20.15pt;" width="509"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;&#160; Income tax related</font></p> </td> <td style="width: 25.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 5px solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 79.9pt; border-top: none; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" width="107"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.1</font></p> </td> <td style="width: 25.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 5px solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 89.05pt; border-top: none; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" width="119"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.1</font></p> </td> </tr> <tr style="mso-yfti-irow: 10; mso-yfti-lastrow: yes; height: 20.15pt;"> <td style="width: 381.9pt; border: solid windowtext 1.0pt; border-top: none; mso-border-top-alt: solid windowtext .5pt; mso-border-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 20.15pt;" width="509"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">&#160;&#160;&#160;&#160;&#160; Total regulatory liabilities</font></p> </td> <td style="width: 25.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 5px solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 79.9pt; border-top: none; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" width="107"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.1</font></p> </td> <td style="width: 25.3pt; border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom: 5px solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" valign="bottom" width="34"> <p class="MsoNormal" style="margin-bottom: 0in; line-height: normal;"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">$</font></p> </td> <td style="width: 89.05pt; border-top: none; border-left: none; border-bottom: 5px solid windowtext; border-right: 1pt solid windowtext; padding: 0in 5.4pt; height: 20.15pt;" width="119"> <p class="MsoNormal" style="margin-bottom: 0in; text-align: right; line-height: normal;" align="right"><font style="font-size: 16.0pt; font-family: 'Arial',sans-serif;">0.1</font></p> </td> </tr> </table> </div> <div class="Section11"><br/></div> <div class="Section11"><font style="font-family: Arial; text-indent: -36pt;">(1)&#160; &#160; Assets recoverable without earning a return.</font> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial;">Our significant regulatory assets and liabilities include:</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><br/></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt; text-align: justify;"><em><font style="font-family: Arial;">Unamortized FERC administrative</font></em><font style="font-family: Arial;"> charge. To defray its costs, the FERC assesses an annual charge to each pipeline based on the prior year's throughput.&#160; The pipelines are allowed recovery of this charge monthly through a surcharge on each volume of gas transported.&#160; This amount represents the difference between the amount paid to the FERC and the amount recovered to date.</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt; text-align: justify;"><font style="font-family: Arial; font-style: italic;">Income tax related.</font><font style="font-family: Arial; font-style: italic; -aw-import: spaces;">&#160; </font><font style="font-family: Arial;">Amounts represent the anticipated return to ratepayers of deferred income taxes as a result of the Tax Cuts and Jobs Act of 2017, which lowered the U.S. federal corporate income tax rate from 35% to 21% effective January 1, 2018.</font><font style="font-family: Arial; -aw-import: spaces;">&#160; </font><font style="font-family: Arial;">These amounts are amortized to Account 411.1 &#8220;Provision for Deferred Income Taxes &#8211; Credit&#8221; over the remaining depreciable lives of the assets to which they apply.</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; font-size: 16pt;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="font-family: Arial; font-style: italic;">Rate Proceeding</font></p> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><br/></p> </div> <div class="Section12"> <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: justify; font-size: 16pt; background-color: #ffffff;"><font style="font-family: Arial;">On September 22, 2022, we were notified by the FERC of the commencement of a rate proceeding against us pursuant to Section 5 of the Natural Gas Act, setting the matter for hearing and directing us to file a cost-and-revenue study within 75 days. We filed a cost-and-revenue study on December 6, 2022, and began active settlement discussions in conjunction with that filing. As a result of those discussions, we reached an agreement in principle with the participants on February 22, 2023 to resolve all issues arising from the proceeding. On March 3, 2023, we filed to implement the settlement rates on an interim basis, effective April 1, 2023 and the filing was approved. We filed the settlement agreement with the FERC on May 1, 2023, and it was approved on July 13, 2023. The settlement provides shippers, effective as of April 1, 2023, with a 25% reduction to our maximum reservation rates for firm transportation service and a reduction to the interruptible transportation rates applicable to service on our North and South Laterals and the Marc I Facilities. The settlement establishes a rate moratorium through December 31, 2026.</font></p> <p style="margin-top: 0pt; margin-bottom: 8pt; font-size: 16pt;"><font style="font-family: Arial; -aw-import: ignore;"> <br/></font></p> <p style="margin-top: 0pt; margin-bottom: 8pt;"><font style="-aw-import: ignore;"> <br/></font></p> </div></div> Stagecoach Pipeline & Storage Company, L.L.C. 231546 648374146 163854348 25303682 4034828 3978122 807704 4602123 1268760 1234942 310258 648320 165041 Reconciling Financial and Physical Balancing System Supply - Park & Loan 23128098 6802452 707500979 177243391 648374146 163854348 25303682 4034828 5186987 966167 4602123 1268760 857 299 Gas Used in Utility Operations 5557 2778 Gas Delivered as Imbalances to Storage (Account 806) 38699 Operational TBO Fuel 19207 6315 Line Pack 2171 -1037 Park and Loan 23128098 6802452 Cashout Sales 30110 5237 706652938 176978846 848041 264545 707500979 177243391 16 17 32 33 34 35 36 37 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA Not Prepared M1/M1 FTS 88880 8265557 8354437 59918507 M1/M1 FTS-2 387688 483124 35242995 85189868 35630683 85672992 261708782 395849347 M1/M1 ITS 12 1200 1212 8243 M1/M1 ITS-2 496 1063 44385 122273 44881 123336 331021 1161002 NS/NSL FTS 212673 36708130 36920803 160395972 NS/NSL FTS-2 200905 21894442 22095347 135865226 NS/NSL FWS 117430 67558 13807522 11184532 13924952 11252090 88814682 63966815 NS/NSL ITS 19428 809359 828787 14723573 NS/NSL ITS-2 5363 285666 291029 3876272 NS/NSL IWS 411 1 49915 17 50326 18 555503 176 SM/SM FSS 452507 301672 452507 301672 SM/SM FTS 12470 913214 925684 8460546 SM/SM FTS-2 95722 6300448 6396170 67466592 SM/SM FWS 3342 1962095 1965437 8422698 SM/SM ITS 17970 606505 624475 12130100 SM/SM ITS-2 70 2718 2788 46918 SM/SM IWS 101 3350 3451 66999 Estimates -6682 21375 -3183145 2876961 -3189827 2898336 702057 M1/M1 477076 484187 43554137 85312141 44031213 85796328 321966553 397010349 NS/NSL 324109 299660 36037545 48702038 36361654 49001698 229111683 239086536 SM/SM 129675 10240837 301672 10370512 301672 96593853 Estimates -6682 21375 -3183145 2876961 -3189827 2898336 702057 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Federal Income Tax Federal Tax 8547075 -8547075 8185969 361106 Subtotal Federal Tax 8547075 -8547075 8185969 361106 State Income Tax - New York State Tax New York 409208 -409208 396861 12347 0.0091 State Income Tax - Pennsylvania State Tax Pennsylvania 3540105 -3540105 3433291 106814 0.0786 Texas Margin Tax State Tax Texas 2022 174936 6400 181336 6400 Texas Margin Tax State Tax Texas 2023 367180 367180 367180 Subtotal State Tax 174936 4322893 181336 -3949313 367180 4203732 119161 Ad Valorem Tax - New York Ad Valorem Tax New York 2023 1648120 5753723 5717424 1611821 5753723 Ad Valorem Tax - Pennsylvania Ad Valorem Tax Pennsylvania 2023 48456 48456 48456 Subtotal Ad Valorem Tax 1648120 5802179 5765880 1611821 5802179 Use Tax - New York Sales And Use Tax New York 2023 43548 43548 6438 37110 Use Tax - Pennsylvania Sales And Use Tax Pennsylvania 2023 Subtotal Sales And Use Tax 43548 43548 6438 37110 Payroll - FICA Tax Payroll Tax Federal 2023 138408 138408 138408 Payroll - Unemployment Tax Payroll Tax Federal 2023 4842 4842 4842 Subtotal Payroll Tax 143250 143250 143250 Franchise Tax Franchise Tax 2023 1500 7079 7079 -1500 7079 Subtotal Franchise Tax 1500 7079 7079 -1500 7079 1649620 18866024 6141093 -12496388 18348647 480267 37110 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Directly Charged Salaries and Wages Kinder Morgan, Inc. Various 1442548 Other Compensation and Benefits Kinder Morgan, Inc. Various 241157 Shared Services Kinder Morgan, Inc. Various 1732802 Construction Overheads Kinder Morgan, Inc. 107 14136 3430643 Transportation Revenue Kinder Morgan Gas Marketing LLC 489.2 1871296 1871296 2 3 4 5 8 As of December 31, 2022, 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 $ 41,809 As of December 31, 2022, 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 $ 3,165,056 Kinder Morgan, Inc. directly owns 97.58% of Kinder Morgan Energy Partners, L.P. and 100% of Kinder Morgan GP LLC. See page 102 "Control Over Respondent" for a description of our ownership structure. Rate for borrowed funds actually used during year is based upon the Kinder Morgan corporate rate for long-term debt. Transmission Plant (in thousands) Page 204 Ln 92 col (g) $ 544,069 Less: Land 11,695 $ 532,374 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 index price and it is not adjusted to reflect a change in pricing subsequent to the month shipper supplied gas is retained. This footnote applies to all periods within the quarter. A non-revenue recognition method for shipper supplied gas is used which results in accounting entries for net fuel over or under collected rather than separate revenue entries for shipper supplied gas and expenses for gas used in compressors. This footnote applies to all periods within the quarter. This line includes operation and maintenance fuel and known losses due to blowdowns, emergency shut downs, compressor start-ups, flares, line purges, tube inspections and relief valves. This footnote applies to all periods within the quarter. Industry Research: FIS Capital Markets US LLC See Page 332 for additional details on Transmission and Compression of Gas by Others. Amounts charged are based on Kinder Morgan, Inc.'s other compensation and benefit expenses and are allocated to us based on the distribution of direct labor charges (excluding overtime and special pay). Amounts charged by Kinder Morgan, Inc. through shared services are allocated using the modified Massachusetts Formula. See page 218 "General Description of Construction Overhead Procedure" for the basis of allocation. Imbalance volumes are netted by zone on a quarterly basis. The imbalance volumes netted by zone/rate schedule for each quarter are then added together to arrive at the annual imbalance volumes by zone/rate schedule. Of the $969,136 in 2023 annual charges billed by the Federal Energy Regulatory Commission this is the portion attributable to transportation services. The remainder is attributed to storage services. Volumes are on a flow month basis. Volume subject to ACA surcharge. Volume subject to ACA surcharge. As of December 31, 2023, 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 $ 39,605 As of December 31, 2023, 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 $ 4,863,381 In accordance with Docket Nos. RP22-1121-000 & RP23-558-001 Transmission rates changed from 4% to 2.6%, effective September 1, 2023. This includes 0.1% for Negative Salvage. In accordance with Docket Nos. RP22-1121-000 & RP23-558-001 General Plant rates changed from 4% to the below effective September 1, 2023. Depreciation, Depletion and Amortization of Gas Plant - General Plant Depreciation expense is computed on a composite basis using the following rates: Computer Equipment 9.09% Light Trucks 8.33% Power Operated Equipment 8.33% The volume reported is related to account 803 "Natural Gas Transmission Line Purchases". Accounts 855, 856 and 863 are debited for gas used for other operational purposes. Account Amount 107 $ 1,638 186 41,811 408.1 84,126 850 83,888 853 269,347 856 84,375 857 77,305 864 180,267 920 619,791 Total $ 1,442,548 Account Amount 107 $ 315 186 6,705 926 234,137 Total $ 241,157 Account Amount 408.1 $ 59,124 920 790,558 923 142,759 925 189,662 926 155,003 930.2 235,468 931 160,228 Total $ 1,732,802 Transferred to Account 211 "Miscellaneous Paid-in Capital." Use tax is distributed to various accounts based on the accounts charged for the originating invoice.