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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended 11 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Successor [Member]
Feb. 05, 2009
Predecessor [Member]
Dec. 31, 2011
PUGET SOUND ENERGY, INC. [Member]
Dec. 31, 2010
PUGET SOUND ENERGY, INC. [Member]
Dec. 31, 2009
PUGET SOUND ENERGY, INC. [Member]
Operating activities:              
Net income (loss) $ 123,290 $ 30,311 $ 174,015 $ 12,756 $ 204,120 $ 26,095 $ 159,252
Adjustments to reconcile net income (loss) to net cash provided by operating activities:              
Depreciation 299,597 292,634 242,477 21,773 299,597 292,634 269,386
Amortization 72,381 71,572 63,466 4,969 72,381 71,572 63,466
Conservation amortization 107,646 90,109 58,875 7,592 107,646 90,109 66,466
Deferred income taxes and tax credits, net 33,318 (32,955) 244,216 (512) 77,757 (16,284) 194,494
Net unrealized (gain) loss on derivative instruments 45,043 50,495 (156,601) 3,867 54,146 166,953 (1,254)
Derivative contracts classified as financing activities due to merger 182,710 371,621 524,397 0      
AFUDC - equity (32,431) (12,677) (4,108) (69) (32,431) (12,677) (4,177)
Pension funding (5,000) (12,000) (18,400) 0 (5,000) (12,000) (18,400)
Regulatory assets 26,631 26,198 (5,276) (1,668) 26,631 26,198 (5,821)
Regulatory liabilities 21,031 28,821 18,436 (126) 21,031 28,821 18,327
Other long-term assets (59,094) (50,009) (17,963) 2,845 (60,046) (48,258) (13,757)
Other long-term liabilities 46,473 31,944 (12,536) 1,141 28,818 1,701 (19,003)
Change in certain current assets and liabilities:              
Accounts receivable and unbilled revenue (5,977) 7,261 91,515 (31,332) (6,204) 7,584 64,349
Materials and supplies 8,154 (19,378) 808 (3,388) 8,154 (19,618) (2,580)
Fuel and gas inventory (4,852) 3,591 16,786 7,605 (4,852) 3,591 24,391
Income taxes 64,630 58,434 (133,773) 18,277 50,561 37,834 (82,630)
Prepayments and other 605 (2,345) 5,745 (3,295) 605 (2,345) 2,353
Purchased gas adjustment 31,932 (55,579) 38,984 1,711 31,932 (55,579) 40,695
Accounts payable 1,098 (26,396) (85,073) (40,203) 688 (25,780) (35,205)
Taxes payable 9,222 4,203 4,949 (3,340) 9,222 4,203 (7,339)
Accrued expenses and other 43,921 10,094 (40,369) 59,172 18,666 11,021 7,678
Net cash provided by operating activities 1,010,328 865,949 1,010,570 57,775 903,422 575,775 720,691
Investing activities:              
Construction expenditures - excluding equity AFUDC (976,513) (859,091) (726,157) (49,531) (976,513) (859,091) (775,688)
Energy efficiency expenditures (94,405) (95,726) (82,258) (4,918) (94,405) (95,726) (87,176)
Treasury grant payment received 0 28,675 0 0 0 28,675 0
Restricted cash 1,287 14,374 (945) (10) 1,287 14,374 (955)
Other (7,184) 6,001 26,284 959 9,043 6,001 27,249
Net cash used in investing activities (1,076,815) (905,767) (783,076) (53,500) (1,060,588) (905,767) (836,570)
Financing activities:              
Change in short-term debt and leases, net (227,651) 141,941 38,807 (151,800) (227,651) 141,941 (113,286)
Dividends paid (117,441) (104,311) (121,179) 0 (212,875) (186,733) (183,071)
Long-term notes and bonds issued 1,382,000 1,025,000 400,211 250,000 595,000 575,000 600,000
Loan from (payment to) parent         7,400 (300) (3,156)
Redemption of preferred stock 0 0 0 (1,889) 0 0 (1,889)
Redemption of bonds and notes (769,000) (675,000) (158,000) 0 (285,000) (232,000) (158,000)
Derivative contracts classified as financing activities due to merger (182,710) (371,621) (524,397) 0      
Investment from parent         287,000 0 25,960
Issuance cost of bonds and other (18,033) (18,161) (16,372) 7,133 (12,018) (10,003) (10,742)
Net cash provided by (used in) financing activities 67,165 (2,152) (380,930) 103,444 151,856 287,905 155,816
Net increase (decrease) in cash and cash equivalents 678 (41,970) (153,436) 107,719 (5,310) (42,087) 39,937
Cash and cash equivalents at beginning of period 36,557 78,527 231,963 38,526 36,320 78,407 38,470
Cash and cash equivalents at end of period 37,235 36,557 78,527 146,245 31,010 36,320 78,407
Supplemental cash flow information:              
Cash payments for interest (net of capitalized interest) 280,847 278,926 247,247 1,239 191,666 198,496 183,652
Cash payments (refunds) for income taxes $ (64,016) $ (22,243) $ (47,740) $ 0 $ (50,022) $ (20,632) $ (44,365)