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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income $ 149.5 $ 130.9
Reconciliation to cash provided by operating activities    
Depreciation and amortization 105.2 103.9
Deferred income taxes and investment tax credits, net 26.9 30.0
Contributions and payments related to pension and OPEB plans (0.6) (66.5)
Cash received for pension plan assets transferred 0.0 157.8
Change in –    
Accounts receivable and unbilled revenues 5.4 16.3
Materials, supplies, and inventories (6.6) (4.1)
Prepaid taxes 23.1 28.2
Other current assets 1.5 (2.8)
Accounts payable 34.8 (24.5)
Other current liabilities 16.8 11.5
Other, net 12.1 11.3
Net cash provided by operating activities 368.1 392.0
Investing Activities    
Capital expenditures (312.5) (237.9)
Acquisition of Forward Wind Energy Center (77.1) 0.0
Payments for assets transferred from WBS (30.0) (10.0)
Other, net 2.0 1.9
Net cash used in investing activities (417.6) (246.0)
Financing Activities    
Change in short-term debt 15.7 (56.0)
Payment of dividends to parent (90.0) (165.0)
Equity contribution from parent 120.0 75.0
Other, net (0.1) 0.0
Net cash provided by (used in) financing activities 45.6 (146.0)
Net change in cash and cash equivalents (3.9) 0.0
Cash and cash equivalents at beginning of period 7.9 3.1
Cash and cash equivalents at end of period $ 4.0 $ 3.1