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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
NET INCOME / (LOSS) $ 35.7 $ (4.7) $ 22.1
Adjustments to reconcile net income / (loss) to net cash provided by operating activities:      
Depreciation and amortization 82.1 80.0 76.1
Deferred income taxes 26.2 (2.0) 4.7
Gain (Loss) on Disposition of Business 0.0 (0.6) 0.0
Gain (Loss) on Disposition of Business 0.0 0.6 0.0
Changes in certain assets and liabilities:      
Accounts receivable, net (0.6) (20.4) (2.0)
Inventories (17.7) (12.5) (5.5)
Taxes applicable to subsequent years (19.0) (10.9) (5.2)
Current and non-current regulatory assets and liabilities, net (75.1) 38.4 10.3
Accounts payable (19.7) 14.0 15.7
Accrued taxes payable / receivable 34.1 5.8 20.6
Accrued interest 0.8 0.8 (0.7)
Accrued pension and other postretirement obligations (4.1) (11.4) (12.2)
Increase (Decrease) in Other Noncurrent Liabilities (3.8) (0.6) 0.6
Other (6.9) 4.7 (3.6)
Net cash provided by operating activities 26.7 86.4 116.9
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (387.9) (287.3) (191.3)
Proceeds from disposal and sale of business interests 0.0 0.5 0.0
Payments for Removal Costs 0.0 (0.6) (3.9)
Payments for (Proceeds from) Removal Costs (26.8) (22.4) (17.2)
Other investing activities, net 0.2 (0.1) (0.6)
Net cash used in investing activities (414.5) (309.9) (213.0)
Cash flows from financing activities:      
Deferred financing costs (0.7) (2.6) (0.2)
Equity Contribution from Parent 239.0 0.0 132.5
Issuance of long-term debt 300.0 140.0 0.0
Borrowings from revolving credit facilities 315.0 255.0 120.0
Repayment of borrowings from revolving credit facilities (455.0) (165.0) (155.0)
Net cash from financing activities 398.3 227.4 97.3
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 10.5 3.9 1.2
Cash and cash equivalents:      
Restricted Cash and Cash Equivalents 41.1 30.6 26.7
Supplemental cash flow information:      
Interest paid, net of amounts capitalized 71.0 62.0 59.3
Income taxes paid / (refunded), net 0.0 0.0 (17.5)
Non-cash financing and investing activities:      
Accruals for capital expenditures 101.6 47.0 42.6
Non-cash capital contribution     132.5
Increase (Decrease) in Other Noncurrent Assets (5.3) 5.8 (4.0)
THE DAYTON POWER AND LIGHT COMPANY [Member]      
NET INCOME / (LOSS) 61.4 18.9 47.1
Adjustments to reconcile net income / (loss) to net cash provided by operating activities:      
Depreciation and amortization 80.7 78.7 74.6
Deferred income taxes 9.0 (2.3) 4.5
Gain (Loss) on Disposition of Business 0.0 0.6 0.0
Changes in certain assets and liabilities:      
Accounts receivable, net 0.7 20.5 1.9
Inventories 17.7 12.5 5.5
Taxes applicable to subsequent years 19.0 10.9 5.4
Current and non-current regulatory assets and liabilities, net 75.1 (38.4) (10.3)
Accounts payable (19.9) 13.6 15.1
Accrued taxes payable / receivable 37.3 12.5 10.0
Accrued interest 0.8 0.8 0.0
Accrued pension and other postretirement obligations (4.1) (11.4) (12.2)
Increase (Decrease) in Other Noncurrent Liabilities (3.0) 4.9 (1.8)
Other 9.4 (2.4) (0.3)
Net cash provided by operating activities 35.4 117.6 130.2
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (384.3) (283.7) (189.3)
Payments for (Proceeds from) Removal Costs (26.8) (22.4) (17.1)
Other investing activities, net 0.2 0.4 0.9
Net cash used in investing activities (410.9) (305.7) (205.5)
Cash flows from financing activities:      
Deferred financing costs (0.7) (2.6) 0.0
Equity Contribution from Parent 260.0 0.0 150.0
Issuance of long-term debt 300.0 140.0 0.0
Borrowings from revolving credit facilities 315.0 255.0 120.0
Repayment of borrowings from revolving credit facilities (420.0) (135.0) (140.0)
Dividends paid on common stock to parent (83.0)   (52.0)
Net cash from financing activities 371.3 193.4 78.0
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (4.2) 5.3 2.7
Cash and cash equivalents:      
Restricted Cash and Cash Equivalents 15.6 19.8 14.5
Supplemental cash flow information:      
Interest paid, net of amounts capitalized 34.4 15.9 21.2
Non-cash financing and investing activities:      
Accruals for capital expenditures 101.5 47.0 42.5
Increase (Decrease) in Other Noncurrent Assets $ (4.9) $ 5.6 $ (4.9)