filings.toolsItem 7A. Quantitative and Qualitative Disclosures About Market Risk
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Item 7A. Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures about Market Risk are reported in Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Market Risk Disclosures.”
NIS****OURCE INC. ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
NIS****OURCE **INC.**ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued)
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the shareholders and the Board of Directors of NiSource Inc.
Opinion on the Financial Statements
We have audited the accompanying consolidated balance sheets of NiSource Inc. and subsidiaries (the "Company") as of December 31, 2025 and 2024, the related consolidated statements of income, comprehensive income, stockholders' equity, and cash flows, for each of the three years in the period ended December 31, 2025, and the related notes and the schedule listed in the Index at Item 15 (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December 31, 2025, based on criteria established in Internal Control — Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 11, 2026, expressed an unqualified opinion on the Company's internal control over financial reporting.
Basis for Opinion
These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Critical Audit Matter
The critical audit matter communicated below is a matter arising from the current-period audit of the financial statements that was communicated or required to be communicated to the audit committee and that (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates.
Regulatory Matters - Impact of Rate Regulation on the Financial Statements – Refer to Notes 1, 9, and 12 to the financial statements
Critical Audit Matter Description
The Company’s primary subsidiaries are fully regulated natural gas and electric utility companies serving customers in six states. These rate-regulated subsidiaries account for and report assets and liabilities consistent with the economic effect of the manner in which regulators establish rates, if the rates established are designed to recover the costs of providing the regulated service and it is probable that such rates can be charged to and collected from customers. Certain expenses and credits subject to utility regulation or rate determination normally reflected in income are deferred on the consolidated balance sheets and are later recognized in income as the related amounts are included in customer rates and recovered from or refunded to customers.
NIS****OURCE **INC.**ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued)
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Company’s subsidiaries’ rates are determined and approved in regulatory proceedings based on an analysis of the subsidiaries’ costs to provide utility service and a return on, and recovery of, the subsidiaries’ investment in the utility business. Regulatory decisions can have an impact on the recovery of costs, the rate of return earned on investment, and the timing and amount of assets to be recovered by rates. The respective commission’s regulation of rates is premised on the full recovery of prudently incurred costs and a reasonable rate of return on invested capital. Decisions to be made by the commission in the future will impact the accounting for regulated operations, including decisions about the amount of allowable costs and return on invested capital included in rates and any refunds that may be required. While the Company has indicated it expects to recover costs from customers through regulated rates, there is a risk that the commission will not approve: (1) full recovery of the costs of providing utility service, or (2) full recovery of all amounts invested in the utility business and a reasonable return on that investment.
We identified the impact of rate regulation, specifically certain regulatory assets and liabilities at the Company’s Northern Indiana Public Service Company LLC and Columbia Gas of Ohio, Inc. subsidiaries, as a critical audit matter due to the significant judgments made by management to support its assertions about certain account balances and the significant degree of subjectivity involved in assessing the likelihood of recovery of incurred costs in current or future rates due in part to uncertainty related to future decisions by the rate regulators. This required specialized knowledge of accounting for rate regulation and the rate setting process due to its inherent complexities and a significant degree of auditor judgment when performing audit procedures to evaluate the reasonableness of management’s conclusions.
How the Critical Audit Matter Was Addressed in the Audit
Our audit procedures related to the application of specialized rules to account for the effects of cost-based rate regulation related to the uncertainty of future decisions by the rate regulators, specifically the Indiana Utility Regulatory Commission (IURC) and the Public Utilities Commission of Ohio (PUCO), included the following, among others:
-
We tested the effectiveness of management’s controls over (1) the evaluation of the likelihood of (a) the recovery of costs deferred as regulatory assets in future periods, and (b) regulatory developments that may affect the likelihood of recovering costs in future rates or of a future reduction in rates; and (2) the evaluation of Hypothetical Liquidation Book Value (HLBV) accounting for the company’s renewable facility joint ventures and its impact on the Company’s regulatory liability.
-
We evaluated Northern Indiana Public Service Company LLC and Columbia Gas of Ohio, Inc.’s disclosures related to the financial statement impacts of rate regulation.
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We read relevant regulatory orders issued by the IURC and PUCO, including regulatory statutes, interpretations, procedural memorandums, filings made by interveners, and other publicly available information to assess the likelihood of recovery in future rates or a future reduction in rates based on precedents of the commissions’ treatment of similar costs under similar circumstances. We evaluated this external information and compared to management’s recorded regulatory asset and liability balances for completeness, including the implementation of a new base rate order at Northern Indiana Public Service Company LLC’s electric business.
-
We inspected minutes of the boards of directors for discussions of changes in legal, regulatory, or business factors which could impact management’s conclusions with respect to the financial statement impacts of rate regulation.
-
For the Northern Indiana Public Service Company LLC's electric base rate case that was approved in 2025, we inspected the order for any evidence that might contradict management’s assertions related to recoverability of recorded assets.
-
We inquired of management about property, plant, and equipment that may be abandoned with an emphasis on the generation strategy related to Northern Indiana Public Service Company LLC’s R.M. Schahfer and Michigan City Generating Stations. We inspected minutes of the board of directors, regulatory orders, the Department of Energy’s
NIS****OURCE **INC.**ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued)
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Order Under Federal Power Act Section 202(c), and other filings with the IURC to identify evidence that may contradict management’s assertion regarding probability of abandonment.
- We read the relevant regulatory orders issued by the IURC for the Company’s renewable energy investments held within joint ventures. We evaluated the appropriateness of recognizing a regulatory liability for timing differences between the profit allocated under the HLBV accounting method and the allowed earnings included in rates for these joint ventures. We also evaluated the appropriateness of the offset to the regulatory liability recorded in depreciation expense.
/s/ DELOITTE & TOUCHE LLP
Columbus, Ohio
February 11, 2026
We have served as the Company's auditor since 2002.
NIS****OURCE INC. ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued)
STATEMENTS OF CONSOLIDATED INCOME
| Year Ended December 31*, (in millions, except per share amounts)* | 2025 | 2024 | 2023 | ||||||||||||||
| Operating Revenues | |||||||||||||||||
| Customer revenues | $ | 6,522.8 | $ | 5,282.9 | $ | 5,347.8 | |||||||||||
| Other revenues | 119.4 | 172.2 | 157.6 | ||||||||||||||
| Total Operating Revenues | 6,642.2 | 5,455.1 | 5,505.4 | ||||||||||||||
| Operating Expenses | |||||||||||||||||
| Cost of energy | 1,584.4 | 1,132.2 | 1,533.3 | ||||||||||||||
| Operation and maintenance | 1,710.2 | 1,515.2 | 1,494.9 | ||||||||||||||
| Depreciation and amortization | 1,167.6 | 1,043.2 | 908.2 | ||||||||||||||
| Loss on impairment of assets | 0.7 | 6.1 | — | ||||||||||||||
| Loss (gain) on sale of assets, net | (0.1) | 2.9 | 2.9 | ||||||||||||||
| Other taxes | 344.1 | 300.0 | 270.6 | ||||||||||||||
| Total Operating Expenses | 4,806.9 | 3,999.6 | 4,209.9 | ||||||||||||||
| Operating Income | 1,835.3 | 1,455.5 | 1,295.5 | ||||||||||||||
| Other Income (Deductions) | |||||||||||||||||
| Interest expense, net | (639.0) | (517.2) | (489.6) | ||||||||||||||
| Other, net | 20.1 | 64.5 | 8.0 | ||||||||||||||
| Total Other Deductions, Net | (618.9) | (452.7) | (481.6) | ||||||||||||||
| Income before Income Taxes | 1,216.4 | 1,002.8 | 813.9 | ||||||||||||||
| Income Taxes | 203.8 | 158.1 | 139.5 | ||||||||||||||
| Net Income | 1,012.6 | 844.7 | 674.4 | ||||||||||||||
| Net income (loss) attributable to noncontrolling interest | 83.1 | 84.3 | (39.9) | ||||||||||||||
| Net Income attributable to NiSource | 929.5 | 760.4 | 714.3 | ||||||||||||||
| Preferred dividends | — | (6.7) | (42.8) | ||||||||||||||
| Preferred redemption premium | — | (14.0) | (9.8) | ||||||||||||||
| Net Income Available to Common Shareholders | $ | 929.5 | $ | 739.7 | $ | 661.7 | |||||||||||
| Earnings Per Share | |||||||||||||||||
| Basic Earnings Per Share | $ | 1.96 | $ | 1.63 | $ | 1.59 | |||||||||||
| Diluted Earnings Per Share | $ | 1.95 | $ | 1.62 | $ | 1.48 | |||||||||||
| Basic Average Common Shares Outstanding | 472.9 | 454.2 | 416.1 | ||||||||||||||
| Diluted Average Common Shares | 474.5 | 456.0 | 447.9 |
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
NIS****OURCE INC.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued)
STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME
| Year Ended December 31, (in millions, net of taxes) | 2025 | 2024 | 2023 | ||||||||||||||
| Net Income | $ | 1,012.6 | $ | 844.7 | $ | 674.4 | |||||||||||
| Other comprehensive income: | |||||||||||||||||
| Net unrealized gain on available-for-sale securities(1) | 4.1 | 3.3 | 3.9 | ||||||||||||||
| Net unrealized loss on cash flow hedges(2) | (0.4) | (0.4) | (0.2) | ||||||||||||||
| Unrecognized pension and OPEB benefit (costs)(3) | 20.5 | 0.3 | (0.2) | ||||||||||||||
| Total other comprehensive income | 24.2 | 3.2 | 3.5 | ||||||||||||||
| Total Comprehensive Income | $ | 1,036.8 | $ | 847.9 | $ | 677.9 | |||||||||||
(1) Net unrealized gain on available-for-sale securities, net of $1.1 million tax expense, $0.9 million tax expense and $1.0 million tax expense in 2025, 2024 and 2023, respectively.
(2) Net unrealized loss on derivatives qualifying as cash flow hedges, net of $0.1 million tax benefit, $0.1 million tax benefit and $0.1 million tax benefit in 2025, 2024 and 2023, respectively.
(3) Unrecognized pension and OPEB benefit (costs), net of $4.4 million tax expense, $0.3 million tax expense and $0.1 million tax benefit in 2025, 2024 and 2023, respectively.
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
NIS****OURCE INC.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued)
CONSOLIDATED BALANCE SHEETS
| (in millions) | December 31, 2025 | December 31, 2024 | |||||||||
| ASSETS | |||||||||||
| Property, Plant and Equipment | |||||||||||
| Plant | $ | 38,058.8 | $ | 34,152.9 | |||||||
| Accumulated depreciation and amortization | (9,370.6) | (8,699.0) | |||||||||
| Net Property, Plant and Equipment(1) | 28,688.2 | 25,453.9 | |||||||||
| Investments and Other Assets | |||||||||||
| Unconsolidated affiliates | 8.1 | 6.5 | |||||||||
| Available-for-sale debt securities (amortized cost of $145.8 and $91.9, allowance for credit losses of $0.0 and $0.1, respectively) | 146.1 | 86.7 | |||||||||
| Other investments | 118.6 | 85.5 | |||||||||
| Total Investments and Other Assets | 272.8 | 178.7 | |||||||||
| Current Assets | |||||||||||
| Cash and cash equivalents | 110.1 | 156.6 | |||||||||
| Restricted cash | 25.6 | 42.0 | |||||||||
| Accounts receivable | 1,238.1 | 987.9 | |||||||||
| Allowance for credit losses | (40.6) | (23.7) | |||||||||
| Accounts receivable, net | 1,197.5 | 964.2 | |||||||||
| Gas storage | 252.0 | 179.6 | |||||||||
| Materials and supplies, at average cost | 189.0 | 173.3 | |||||||||
| Electric production fuel, at average cost | 8.5 | 36.2 | |||||||||
| Exchange gas receivable | 66.0 | 45.7 | |||||||||
| Regulatory assets | 274.2 | 319.9 | |||||||||
| Prepayments | 149.3 | 138.5 | |||||||||
| Other current assets | 105.0 | 24.2 | |||||||||
| Total Current Assets(1) | 2,377.2 | 2,080.2 | |||||||||
| Other Assets | |||||||||||
| Regulatory assets | 2,225.2 | 2,157.4 | |||||||||
| Goodwill | 1,485.9 | 1,485.9 | |||||||||
| Deferred charges and other(2) | 809.4 | 432.0 | |||||||||
| Total Other Assets | 4,520.5 | 4,075.3 | |||||||||
| Total Assets | $ | 35,858.7 | $ | 31,788.1 |
(1)Includes $1,312.7 million and $1,323.8 million in 2025 and 2024, respectively, of net property, plant and equipment assets, $90.1 million and $65.0 million in 2025 and 2024, respectively, of current assets of consolidated VIEs that may be used only to settle obligations of the consolidated VIEs. Refer to Note 4, "Noncontrolling Interests," for additional information.
(2)Includes $305.4 million in 2025 of advanced deposits of project costs of consolidated VIEs that may be used only to settle obligations of the consolidated VIEs. Refer to Note 4, "Noncontrolling Interests," for additional information.
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
NIS****OURCE INC.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued)
CONSOLIDATED BALANCE SHEETS
| (in millions, except share amounts) | December 31, 2025 | December 31, 2024 | |||||||||
| CAPITALIZATION AND LIABILITIES | |||||||||||
| Capitalization | |||||||||||
| Stockholders’ Equity | |||||||||||
| Common stock - $0.01 par value, 750,000,000 shares authorized; 478,432,058 and 469,822,472 shares outstanding, respectively | $ | 4.8 | $ | 4.7 | |||||||
| Treasury stock | (99.9) | (99.9) | |||||||||
| Additional paid-in capital | 9,866.6 | 9,521.5 | |||||||||
| Retained deficit | (315.2) | (711.7) | |||||||||
| Accumulated other comprehensive loss | (6.2) | (30.4) | |||||||||
| Total NiSource Stockholders' Equity | 9,450.1 | 8,684.2 | |||||||||
| Noncontrolling interest in consolidated subsidiaries | 2,209.8 | 1,984.1 | |||||||||
| Total Stockholders’ Equity | 11,659.9 | 10,668.3 | |||||||||
| Long-term debt, excluding amounts due within one year | 15,457.8 | 12,074.5 | |||||||||
| Total Capitalization | 27,117.7 | 22,742.8 | |||||||||
| Current Liabilities | |||||||||||
| Current portion of long-term debt | 19.7 | 1,281.2 | |||||||||
| Short-term borrowings | 736.0 | 604.6 | |||||||||
| Accounts payable | 1,124.5 | 863.1 | |||||||||
| Customer deposits and credits | 283.4 | 268.8 | |||||||||
| Taxes accrued | 228.8 | 173.4 | |||||||||
| Interest accrued | 206.2 | 157.0 | |||||||||
| Asset retirement obligations | 55.0 | 84.6 | |||||||||
| Exchange gas payable | 125.4 | 91.8 | |||||||||
| Regulatory liabilities | 260.1 | 150.5 | |||||||||
| Accrued compensation and employee benefits | 246.8 | 268.2 | |||||||||
| Other accruals | 171.5 | 170.2 | |||||||||
| Total Current Liabilities(1) | 3,457.4 | 4,113.4 | |||||||||
| Other Liabilities | |||||||||||
| Deferred income taxes | 2,500.1 | 2,281.6 | |||||||||
| Accrued liability for postretirement and postemployment benefits | 153.1 | 207.5 | |||||||||
| Regulatory liabilities | 1,513.3 | 1,431.2 | |||||||||
| Asset retirement obligations | 781.9 | 698.6 | |||||||||
| Other noncurrent liabilities and deferred credits | 335.2 | 313.0 | |||||||||
| Total Other Liabilities(1) | 5,283.6 | 4,931.9 | |||||||||
| Commitments and Contingencies (Refer to Note 19, "Other Commitments and Contingencies") | |||||||||||
| Total Capitalization and Liabilities | $ | 35,858.7 | $ | 31,788.1 |
(1)Includes $56.9 million and $53.7 million in 2025 and 2024, respectively, of current liabilities, $55.7 million and $58.3 million in 2025 and 2024, respectively, of other liabilities, and finance leases of $40.1 million and $40.4 million in 2025 and 2024, respectively, of consolidated VIEs that creditors do not have recourse to our general credit. Refer to Note 4, "Noncontrolling Interests," for additional information.
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
NIS****OURCE INC.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued)
STATEMENTS OF CONSOLIDATED CASH FLOWS
| Year Ended December 31, (in millions) | 2025 | 2024 | 2023 | ||||||||||||||
| Operating Activities | |||||||||||||||||
| Net Income | $ | 1,012.6 | $ | 844.7 | $ | 674.4 | |||||||||||
| Adjustments to Reconcile Net Income to Net Cash from Operating Activities: | |||||||||||||||||
| Depreciation and amortization | 1,167.6 | 1,043.2 | 908.2 | ||||||||||||||
| Deferred income taxes and investment tax credits | 235.8 | 168.0 | 134.1 | ||||||||||||||
| Stock compensation expense and 401(k) profit sharing contribution | 50.9 | 43.6 | 33.5 | ||||||||||||||
| Payments for asset retirement obligations | (73.0) | (72.5) | (41.6) | ||||||||||||||
| Other adjustments | 24.8 | (49.9) | (15.0) | ||||||||||||||
| Changes in Assets and Liabilities: | |||||||||||||||||
| Accounts receivable | (273.4) | (101.5) | 184.1 | ||||||||||||||
| Gas storage and other inventories | (60.3) | 102.0 | 233.9 | ||||||||||||||
| Accounts payable | 131.8 | 71.5 | (171.8) | ||||||||||||||
| Exchange gas receivable/payable | 135.8 | (133.5) | 126.5 | ||||||||||||||
| Other accruals | 67.9 | 9.5 | (102.9) | ||||||||||||||
| Prepayments and other current assets | (37.3) | (75.9) | 36.7 | ||||||||||||||
| Regulatory assets/liabilities | 55.7 | (8.7) | (26.2) | ||||||||||||||
| Postretirement and postemployment benefits | (46.1) | (64.3) | (22.0) | ||||||||||||||
| Deferred charges and other noncurrent assets | (33.5) | (20.8) | (10.1) | ||||||||||||||
| Other noncurrent liabilities and deferred credits | 3.0 | 26.1 | (6.7) | ||||||||||||||
| Net Cash Flows from Operating Activities | 2,362.3 | 1,781.5 | 1,935.1 | ||||||||||||||
| Investing Activities | |||||||||||||||||
| Capital expenditures | (2,782.3) | (2,614.0) | (2,645.8) | ||||||||||||||
| Cost of removal | (188.3) | (166.8) | (160.8) | ||||||||||||||
| Purchases of available-for-sale securities | (93.9) | (17.8) | (42.8) | ||||||||||||||
| Sales of available-for-sale securities | 39.3 | 93.2 | 39.9 | ||||||||||||||
| Milestone and final payments to renewable generation asset developers | (1,098.7) | (482.0) | (761.4) | ||||||||||||||
| Advanced deposits for project costs | (373.8) | (29.0) | — | ||||||||||||||
| Other investing activities | (26.4) | 3.4 | (0.7) | ||||||||||||||
| Net Cash Flows used for Investing Activities | (4,524.1) | (3,213.0) | (3,571.6) | ||||||||||||||
| Financing Activities | |||||||||||||||||
| Proceeds from issuance of long-term debt | 3,352.0 | 2,229.5 | 1,488.7 | ||||||||||||||
| Repayments of finance lease obligations | (22.0) | (25.6) | (33.1) | ||||||||||||||
| Repayments of long-term debt | (1,260.0) | — | — | ||||||||||||||
| Repayment of short term credit agreements | — | (1,650.0) | — | ||||||||||||||
| Issuance of short term credit agreements | — | — | 650.0 | ||||||||||||||
| Net change in commercial paper and other short-term borrowings | 131.4 | (794.0) | 636.4 | ||||||||||||||
| Issuance of common stock, net of issuance costs | 312.1 | 612.6 | 12.9 | ||||||||||||||
| Redemption of preferred stock | — | (486.1) | (393.9) | ||||||||||||||
| Preferred stock redemption premium | — | (14.0) | (6.2) | ||||||||||||||
| Payment of obligation to renewable generation asset developer | — | — | (347.2) | ||||||||||||||
| Equity costs, premiums and other debt related costs | (26.8) | (67.3) | (30.2) | ||||||||||||||
| Contributions from NIPSCO and GenCo minority interest holders | 231.4 | 99.5 | 2,161.9 | ||||||||||||||
| Distributions to NIPSCO minority interest holders | (74.6) | (50.3) | — | ||||||||||||||
| Contributions from tax equity partners | — | — | 240.9 | ||||||||||||||
| Distributions to tax equity partners | (14.2) | (16.1) | (14.1) | ||||||||||||||
| Dividends paid - common stock | (530.4) | (481.0) | (413.5) | ||||||||||||||
| Dividends paid - preferred stock | — | (8.2) | (43.8) | ||||||||||||||
| Contract liability payment | — | — | (66.6) | ||||||||||||||
| Net Cash Flows (used for) from Financing Activities | 2,098.9 | (651.0) | 3,842.2 | ||||||||||||||
| Change in cash, cash equivalents and restricted cash | (62.9) | (2,082.5) | 2,205.7 | ||||||||||||||
| Cash, cash equivalents and restricted cash at beginning of period | 198.6 | 2,281.1 | 75.4 | ||||||||||||||
| Cash, Cash Equivalents and Restricted Cash at End of Period | $ | 135.7 | $ | 198.6 | $ | 2,281.1 |
| Reconciliation to Balance Sheet | 2025 | 2024 | 2023 | ||||||||||||||
| Cash and cash equivalents | 110.1 | 156.6 | 2,245.4 | ||||||||||||||
| Restricted cash | 25.6 | 42.0 | 35.7 | ||||||||||||||
| Total Cash, Cash Equivalents and Restricted Cash | 135.7 | 198.6 | 2,281.1 |
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
NIS****OURCE INC.
Previous: Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS · Next: Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued