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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities:    
Net Income $ 96,037 $ 98,704
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 85,655 83,306
Deferred income taxes and investment tax credits (6,177) (9,708)
Changes in regulatory assets and liabilities 31,643 45,691
Pension and postretirement benefit plan expense 13,894 14,038
Contributions to pension and postretirement benefit plans (14,633) (24,516)
Earnings of equity-method investments (5,379) (5,552)
Distributions from equity-method investments 11,800 11,300
Allowance for equity funds used during construction (13,054) (12,018)
Other non-cash adjustments to net income, net 3,923 5,185
Change in:    
Accounts receivable (9,333) (5,937)
Accounts payable and other accrued liabilities (44,286) (13,010)
Taxes accrued/receivable 23,530 22,950
Other current assets (16,454) (16,152)
Other current liabilities 9,350 9,054
Other assets (1,482) (5,439)
Other liabilities 1,039 (1,472)
Net cash provided by operating activities 166,073 196,424
Investing Activities:    
Additions to property, plant and equipment (129,860) (133,598)
Payments received from transmission project joint funding partners 1,016 20,323
Proceeds from the sale of emission allowances and renewable energy certificates 3,702 1,650
Investments in affordable housing 2,687 0
Purchase of equity securities (470) (228)
Proceeds from the sale of equity securities 2,546 2,450
Other 91 495
Net cash used in investing activities (125,662) (108,908)
Financing Activities:    
Issuance of long-term debt 0 220,000
Retirement of long-term debt 0 130,000
Dividends on common stock (64,077) (59,941)
Acquisition of treasury stock (4,107) (3,551)
Make-whole premium on retirement of long-term debt 0 4,607
Other (55) (2,925)
Net cash (used in) provided by financing activities (68,239) 18,976
Net (decrease) increase in cash and cash equivalents (27,828) 106,492
Cash and cash equivalents at beginning of the period 267,492 76,649
Cash and cash equivalents at end of the period 239,664 183,141
Supplemental Disclosure of Cash Flow Information:    
Income taxes 0 0
Interest (net of amount capitalized) 42,204 39,494
Non-cash investing activities:    
Additions to property, plant and equipment in accounts payable 26,700 20,650
Dividends, Common Stock, Cash 63,986 59,949
Idaho Power Company    
Operating Activities:    
Net Income 92,760 96,493
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 85,355 83,007
Deferred income taxes and investment tax credits (5,919) (9,505)
Changes in regulatory assets and liabilities 31,643 45,691
Pension and postretirement benefit plan expense 13,894 14,038
Contributions to pension and postretirement benefit plans (14,633) (24,516)
Earnings of equity-method investments (4,265) (4,825)
Distributions from equity-method investments 11,800 11,300
Allowance for equity funds used during construction (13,054) (12,018)
Other non-cash adjustments to net income, net (744) (220)
Change in:    
Accounts receivable (9,137) (4,884)
Accounts payable and other accrued liabilities (44,180) (27,256)
Taxes accrued/receivable 25,632 37,472
Other current assets (16,447) (16,145)
Other current liabilities 9,432 9,099
Other assets (1,482) (5,439)
Other liabilities 1,083 (1,363)
Net cash provided by operating activities 161,738 190,929
Investing Activities:    
Additions to property, plant and equipment (129,860) (133,584)
Payments received from transmission project joint funding partners 1,016 20,323
Proceeds from the sale of emission allowances and renewable energy certificates 3,702 1,650
Purchase of equity securities (470) (228)
Proceeds from the sale of equity securities 2,546 2,450
Other (2) 440
Net cash used in investing activities (123,068) (108,949)
Financing Activities:    
Issuance of long-term debt 0 220,000
Retirement of long-term debt 0 130,000
Dividends on common stock (63,986) (59,949)
Make-whole premium on retirement of long-term debt 0 4,607
Other (14) (2,920)
Net cash (used in) provided by financing activities (64,000) 22,524
Net (decrease) increase in cash and cash equivalents (25,330) 104,504
Cash and cash equivalents at beginning of the period 165,460 44,646
Cash and cash equivalents at end of the period 140,130 149,150
Supplemental Disclosure of Cash Flow Information:    
Income taxes 2,244 0
Interest (net of amount capitalized) 42,172 39,467
Non-cash investing activities:    
Additions to property, plant and equipment in accounts payable $ 26,700 $ 20,650