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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities    
Net income $ 120,868 $ 84,060
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 180,240 140,887
Provision for doubtful accounts 3,800 323
Unearned compensation expense 4,015 4,112
Allowance for equity funds used during construction (14,825) (9,416)
Loss on risk management assets and liabilities, net 4,092 0
Deferred lease revenue (6,137) 0
Deferred income taxes 27,033 5,876
Deferred fuel costs (21,207) (32,903)
Cash surrender value of company-/trust-owned life insurance (3,731) (2,635)
Changes in assets and liabilities    
Accounts receivable (44,070) (25,487)
Unbilled revenue (10,767) (5,968)
Fuel inventory and materials and supplies 35,488 27,951
Prepayments (10,680) 2,446
Accounts payable 20,315 (139)
Accounts payable - affiliate 3,175 0
Customer deposits 3,113 10,272
Provision for merger commitments (1,623) (2,684)
Postretirement benefit obligations (11,301) 3,355
Regulatory assets and liabilities, net 8,196 11,439
Other deferred accounts (5,690) (582)
Taxes accrued 29,268 43,308
Interest accrued 28,001 26,223
Other operating 3,202 4,728
Net cash provided by operating activities 340,775 285,166
Investing activities    
Additions to property, plant, and equipment (251,845) (194,619)
Allowance for equity funds used during construction 14,825 9,416
Reimbursement for property loss 105 1,258
Issuance of note receivable 0 (16,800)
Return of investment in company-owned life insurance 1,891 0
Return of equity investment in tax credit fund 1,625 2,775
Payment to acquire business, net of cash acquired (814,969) 0
Other investing 1,402 934
Net cash used in investing activities (1,046,966) (197,036)
Financing activities    
Draws on credit facilities 108,000 0
Payments on credit facilities (108,000) 0
Issuances of long-term debt 700,000 50,000
Repayment of long-term debt (390,571) (19,193)
Payment of financing costs (5,951) (734)
Contributions from member 384,900 0
Distributions to member 0 (60,500)
Other financing (412) (251)
Net cash provided by (used in) financing activities 687,966 (30,678)
Net (decrease) increase in cash, cash equivalents, restricted cash, and restricted cash equivalents (18,225) 57,452
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period [1] 140,086 152,202
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period [2] 121,861 209,654
Supplementary cash flow information    
Interest paid, net of amount capitalized 74,055 67,158
Income taxes (refunded) paid, net (19) 272
Supplementary non-cash investing and financing activities    
Accrued additions to property, plant, and equipment 15,982 54,294
Incurrence of finance lease obligation - barges 0 16,800
CLECO POWER    
Operating activities    
Net income 127,595 132,359
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 130,927 126,515
Provision for doubtful accounts 3,800 323
Unearned compensation expense 635 1,172
Allowance for equity funds used during construction (14,825) (9,416)
Deferred income taxes 24,063 5,950
Deferred fuel costs (21,207) (32,903)
Cash surrender value of company-/trust-owned life insurance 2,963 (167)
Changes in assets and liabilities    
Accounts receivable (38,373) (25,141)
Accounts receivable - affiliate 2,606 1,456
Unbilled revenue (10,767) (5,968)
Fuel inventory and materials and supplies 39,090 27,951
Prepayments 747 1,929
Accounts payable 22,362 1,982
Accounts payable - affiliate 757 (2,005)
Customer deposits 3,113 10,272
Provision for merger commitments (1,623) (2,684)
Postretirement benefit obligations (10,809) 3,054
Regulatory assets and liabilities, net 6,706 9,948
Other deferred accounts (5,630) (155)
Taxes accrued (7,743) 6,544
Interest accrued 16,297 15,572
Other operating 2,075 4,359
Net cash provided by operating activities 272,759 270,947
Investing activities    
Additions to property, plant, and equipment (247,987) (193,708)
Allowance for equity funds used during construction 14,825 9,416
Reimbursement for property loss 105 1,258
Issuance of note receivable 0 (16,800)
Return of investment in company-owned life insurance 1,891 0
Other investing 1,402 934
Net cash used in investing activities (229,764) (198,900)
Financing activities    
Draws on credit facilities 33,000 0
Payments on credit facilities (33,000) 0
Issuances of long-term debt 0 50,000
Repayment of long-term debt (20,571) (19,193)
Distributions to member 0 (121,400)
Other financing (434) (960)
Net cash provided by (used in) financing activities (21,005) (91,553)
Net (decrease) increase in cash, cash equivalents, restricted cash, and restricted cash equivalents 21,990 (19,506)
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period 61,877 [3] 102,957 [1]
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of period 83,867 [4] 83,451 [2]
Supplementary cash flow information    
Interest paid, net of amount capitalized 34,893 37,764
Supplementary non-cash investing and financing activities    
Accrued additions to property, plant, and equipment 15,668 54,166
Incurrence of finance lease obligation - barges $ 0 $ 16,800
[1] Includes cash and cash equivalents of $110,175, current restricted cash and cash equivalents of $11,241, and non-current restricted cash and cash equivalents of $18,670.
[2] Includes cash and cash equivalents of $101,392, current restricted cash and cash equivalents of $5,356, and non-current restricted cash and cash equivalents of $15,113.
[3] Includes cash and cash equivalents of $31,987, current restricted cash and cash equivalents of $11,241, and non-current restricted cash and cash equivalents of $18,649.
[4] Includes cash and cash equivalents of $64,237, current restricted cash and cash equivalents of $5,356, and non-current restricted cash and cash equivalents of $14,274.