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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows provided by (used in) operating activities:  
Net income$ 112,360$ 109,095
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization expense1,062,150540,917
Stock based compensation expense10,7299,930
Pension/OPEB costs22,51524,224
Other non-cash adjustments(3,320)5,866
Deferred income taxes20,21910,092
Change in accounts receivable16,162(13,356)
Change in accounts payable and other liabilities(36,458)166,398
Change in prepaid expenses, income taxes and other current assets68,29733,004
Net cash provided by operating activities1,272,654886,170
Cash flows provided from (used by) investing activities:  
Capital expenditures - Business operations(636,569)(252,360)
Capital expenditures - Integration activities(62,641)(77,936)
Cash paid for the Acquired Business (net of cash acquired)0(82,560)
Cash transferred to escrow0(115,000)
Other assets purchased and distributions received, net22,236(1,728)
Net cash used by investing activities(676,974)(529,584)
Cash flows provided from (used by) financing activities:  
Long-term debt payments(78,990)(6,286)
Dividends paid(559,803)(343,042)
Financing costs paid0(12,431)
Repayment of customer advances for construction, distributions to noncontrolling interests and other(2,333)(2,455)
Net cash used by financing activities(641,126)(364,214)
Decrease in cash and cash equivalents(45,446)(7,628)
Cash and cash equivalents at beginning of period251,263358,693
Cash and cash equivalents at end of period205,817351,065
Cash paid during the period for:  
Interest447,645299,158
Income taxes (refunds)(16,247)4,042
Non-cash investing and financing activities:  
Financing obligation for contribution of real property to pension plan58,1000
Reduction of pension obligation(58,100)0
Shares issued for acquisitions05,217,899
Assumed debt03,456,782
Other acquired liabilities$ 0$ 1,058,956