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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities:    
Net Income $ 164,934 $ 162,802
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 110,161 106,304
Deferred income taxes and investment tax credits 30,077 25,265
Changes in regulatory assets and liabilities 13,502 25,776
Pension and postretirement benefit plan expense 22,175 22,668
Contributions to pension and postretirement benefit plans (43,851) (41,660)
Earnings of unconsolidated equity-method investments (13,650) (8,636)
Distributions from unconsolidated equity-method investments 17,114 9,352
Allowance for equity funds used during construction (16,153) (16,219)
Other non-cash adjustments to net income, net 3,876 1,444
Change in:    
Accounts receivable (12,435) (14,704)
Accounts payable and other accrued liabilities (10,033) (12,210)
Taxes accrued/receivable 8,490 19,845
Other current assets 7,343 (178)
Other current liabilities (5,451) 7,874
Other assets (1,277) 2,468
Other liabilities 595 629
Net cash provided by operating activities 275,417 290,820
Investing Activities:    
Additions to property, plant and equipment (199,966) (235,890)
Payments received from transmission project joint funding partners 6,853 0
Proceeds from the sale of emission allowances and renewable energy certificates 969 1,855
Purchase of available-for-sale securities (9,843) (469)
Proceeds from the sale of available-for-sale securities 14,453 2,724
Purchase of life insurance investment (10,000) 0
Other (9) (1,132)
Net cash used in investing activities (197,543) (232,912)
Financing Activities:    
Issuance of long-term debt 120,000 250,000
Retirement of long-term debt (101,064) (121,064)
Dividends on common stock (77,350) (71,225)
Net change in short-term borrowings (14,600) (27,700)
Acquisition of treasury stock (3,287) (3,277)
Make-whole premium on retirement of long-term debt (13,895) (17,872)
Other (1,684) (2,318)
Net cash (used in) provided by financing activities (91,880) 6,544
Net (decrease) increase in cash and cash equivalents (14,006) 64,452
Cash and cash equivalents at beginning of the period 114,802 56,808
Cash and cash equivalents at end of the period 100,796 121,260
Supplemental Disclosure of Cash Flow Information:    
Income taxes 2,187 4,442
Interest (net of amount capitalized) 60,224 57,630
Non-cash investing activities:    
Additions to property, plant and equipment in accounts payable 21,583 12,606
Idaho Power Company    
Operating Activities:    
Net Income 160,370 159,528
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 109,704 105,848
Deferred income taxes and investment tax credits 12,679 (5,307)
Changes in regulatory assets and liabilities 13,502 25,776
Pension and postretirement benefit plan expense 22,191 22,646
Contributions to pension and postretirement benefit plans (43,867) (41,638)
Earnings of unconsolidated equity-method investments (11,528) (6,992)
Distributions from unconsolidated equity-method investments 16,264 8,502
Allowance for equity funds used during construction (16,153) (16,219)
Other non-cash adjustments to net income, net (571) (969)
Change in:    
Accounts receivable (12,319) (17,363)
Accounts payable and other accrued liabilities (10,016) (11,967)
Taxes accrued/receivable 8,172 27,942
Other current assets 7,326 (189)
Other current liabilities (5,451) 7,917
Other assets (1,277) 2,468
Other liabilities 789 800
Net cash provided by operating activities 249,815 260,783
Investing Activities:    
Additions to property, plant and equipment (199,964) (235,841)
Payments received from transmission project joint funding partners 6,853 0
Proceeds from the sale of emission allowances and renewable energy certificates 969 1,855
Purchase of available-for-sale securities (9,843) (469)
Proceeds from the sale of available-for-sale securities 14,453 2,724
Purchase of life insurance investment (10,000) 0
Other (108) (1,372)
Net cash used in investing activities (197,640) (233,103)
Financing Activities:    
Issuance of long-term debt 120,000 250,000
Retirement of long-term debt (101,064) (121,064)
Dividends on common stock (77,365) (71,215)
Make-whole premium on retirement of long-term debt (13,895) (17,872)
Other (1,671) (4,125)
Net cash (used in) provided by financing activities (73,995) 35,724
Net (decrease) increase in cash and cash equivalents (21,820) 63,404
Cash and cash equivalents at beginning of the period 110,756 46,695
Cash and cash equivalents at end of the period 88,936 110,099
Supplemental Disclosure of Cash Flow Information:    
Income taxes 19,796 28,336
Interest (net of amount capitalized) 60,034 57,457
Non-cash investing activities:    
Additions to property, plant and equipment in accounts payable $ 21,583 $ 12,606