Company research
NORTHERN STATES POWER CO
CIK 1123852Updated Sep 27, 2026
Filing activity
Latest filing
50 filings on record · 10-Q, 8-K, 424B2, FWP, 424B5, 10-K.
Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Other Events
Items 8.01
Other Events
Items 8.01
10-Q filing
Show 5 more recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
Other Events
Items 8.01, 9.01
424B2 filing
FWP filing
424B5 filing
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 31,043,000,000Source | 27,485,000,000Source | 25,001,000,000Source | 23,658,000,000Source |
| Property, Plant and Equipment, NetUSD | 23,106,000,000Source | 20,860,000,000Source | 18,757,000,000Source | 17,478,000,000Source |
| Current assets: | ||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 534,000,000Source |
| Inventory, NetUSD | 367,000,000Source | 339,000,000Source | 356,000,000Source | 384,000,000Source |
| Assets, CurrentUSD | 1,794,000,000Source | 1,785,000,000Source | 1,629,000,000Source | 1,935,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 82,000,000Source | 139,000,000Source | 87,000,000Source | 62,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 124,000,000Source | 393,000,000Source | 439,000,000Source | 324,000,000Source |
| Other Assets, NoncurrentUSD | 24,000,000Source | 19,000,000Source | 16,000,000Source | 29,000,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 3,343,000,000Source | 2,881,000,000Source | 2,541,000,000Source | 2,480,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -4,000,000Source | -8,000,000Source | -20,000,000Source | -18,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 10,391,000,000Source | 9,272,000,000Source | 8,207,000,000Source | 7,836,000,000Source |
| Additional Paid in Capital, Common StockUSD | 7,052,000,000Source | 6,399,000,000Source | 5,686,000,000Source | 5,374,000,000Source |
| Liabilities and EquityUSD | 31,043,000,000Source | 27,485,000,000Source | 25,001,000,000Source | 23,658,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,134,000,000Source | 2,388,000,000Source | 2,042,000,000Source | 2,346,000,000Source |
| Operating Lease, Liability, CurrentUSD | 7,000,000Source | 97,000,000Source | 91,000,000Source | 98,000,000Source |
| Accounts Payable, CurrentUSD | — | — | — | 619,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 120,000,000Source | 317,000,000Source | 372,000,000Source | 256,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 2,556,000,000Source | 2,238,000,000Source | 1,992,000,000Source | 1,666,000,000Source |
| Other Liabilities, NoncurrentUSD | 38,000,000Source | 28,000,000Source | 35,000,000Source | 30,000,000Source |
| Additional Financial Items | ||||
| Dividends Payable, CurrentUSD | 103,000,000Source | 80,000,000Source | 121,000,000Source | 122,000,000Source |
| Long-term DebtUSD | 7,908,000,000Source | 7,607,000,000Source | 7,330,000,000Source | 6,542,000,000Source |
| Long-term Debt, Current MaturitiesUSD | 0Source | 250,000,000Source | 0Source | 400,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 73,000,000Source | 24,000,000Source | 27,000,000Source | 85,000,000Source |
| Increase (Decrease) in Accounts PayableUSD | -34,000,000Source | 59,000,000Source | -64,000,000Source | 46,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 163,000,000Source | 141,000,000Source | 214,000,000Source | -214,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 2,088,000,000Source | 1,918,000,000Source | 2,301,000,000Source | 1,871,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,248,000,000Source | -2,819,000,000Source | -2,377,000,000Source | -1,839,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -5,000,000Source | 3,000,000Source | 3,000,000Source | -6,000,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,169,000,000Source | 938,000,000Source | 45,000,000Source | -40,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 419,000,000Source | 494,000,000Source | 647,000,000Source | 560,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | 0Source |
| Repayments of Long-term DebtUSD | 250,000,000Source | 0Source | 400,000,000Source | 300,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 9,000,000Source | 37,000,000Source | -31,000,000Source | -8,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 80,000,000Source | 71,000,000Source | 34,000,000Source | 65,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 378,000,000Source | 313,000,000Source | 294,000,000Source | 268,000,000Source |
| Income Taxes Paid, NetUSD | 370,000,000Source | -446,000,000Source | -256,000,000Source | 100,000,000Source |
| Additional Financial Items | ||||
| Asset Retirement Obligation, Accretion ExpenseUSD | 150,000,000Source | 128,000,000Source | 126,000,000Source | 123,000,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 1,192,000,000Source | 1,112,000,000Source | 988,000,000Source | 1,021,000,000Source |
| Dividends Payable, CurrentUSD | 103,000,000Source | 80,000,000Source | 121,000,000Source | 122,000,000Source |
| Income Tax Expense (Benefit)USD | -193,000,000Source | -356,000,000Source | -109,000,000Source | -112,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 904,000,000Source | 793,000,000Source | 707,000,000Source | 675,000,000Source |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of TaxUSD | — | — | — | -1,000,000Source |
| Other Nonoperating Income (Expense)USD | 18,000,000Source | 11,000,000Source | 0Source | -7,000,000Source |
| Proceeds from Contributions from ParentUSD | 657,000,000Source | 715,000,000Source | 351,000,000Source | 124,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 1,082,000,000Source | 687,000,000Source | 783,000,000Source | 489,000,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 71,000,000Source | 53,000,000Source | 36,000,000Source | 29,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Income (Loss)USD | 1,015,000,000Source | 710,000,000Source | 866,000,000Source | 820,000,000Source |
| Other Nonoperating Income (Expense)USD | 18,000,000Source | 11,000,000Source | 0Source | -7,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 711,000,000Source | 437,000,000Source | 598,000,000Source | 563,000,000Source |
| Income Tax Expense (Benefit)USD | -193,000,000Source | -356,000,000Source | -109,000,000Source | -112,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 904,000,000Source | 793,000,000Source | 707,000,000Source | 675,000,000Source |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 5,292,000,000Source | 5,057,000,000Source | 5,177,000,000Source | 5,864,000,000Source |
| Interest ExpenseUSD | 430,000,000Source | 363,000,000Source | 325,000,000Source | 291,000,000Source |
| Other Cost of Operating RevenueUSD | — | 4,000,000Source | 30,000,000Source | 26,000,000Source |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of EquityUSD | 71,000,000Source | 53,000,000Source | 36,000,000Source | 29,000,000Source |
| Utilities Operating Expense, Maintenance, Operations, and Other Costs and ExpensesUSD | 1,391,000,000Source | 1,271,000,000Source | 1,244,000,000Source | 1,228,000,000Source |
Filing attachments
d120316dex401.htm · 8-K · 2026-03-12
EX-4.01 2 d120316dex401.htm EX-4.01 EX-4.01 Exhibit 4.01 SUPPLEMENTAL TRUST INDENTURE FROM NORTHERN STATES POWER COMPANY (A MINNESOTA CORPORATION) TO THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. DATED FEBRUARY 1, 2026 SUPPLEMENTAL TO TRUST INDENTURE DATED FEBRUARY 1, 1937 AND SUPPLEMENTAL AND RESTATED TRUST INDENTURE DATED MAY 1, 1988 TABLE OF CONTENTS Page ARTICLE…
Read attachment ↗d117588dex401.htm · 8-K · 2025-05-05
EX-4.01 2 d117588dex401.htm EX-4.01 EX-4.01 Exhibit 4.01 SUPPLEMENTAL TRUST INDENTURE FROM NORTHERN STATES POWER COMPANY (A MINNESOTA CORPORATION) TO THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. DATED APRIL 1, 2025 SUPPLEMENTAL TO TRUST INDENTURE DATED FEBRUARY 1, 1937 AND SUPPLEMENTAL AND RESTATED TRUST INDENTURE DATED MAY 1, 1988 TABLE OF CONTENTS Page ARTICLE I. SPE…
Read attachment ↗