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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities  
Net income$ 245,192$ 210,557
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation, depletion and amortization199,559185,025
Accretion expense5,0664,568
Deferred income taxes120,65695,005
Bad debt expense3,1972,969
Exploratory expense10,77353,642
Change in derivative fair value(59,581)278
Gain on sale of assets(5,991)(529)
Other, net5,913(4,849)
Net change in:  
Accounts receivable48,58551,577
Inventories(15,493)(8,498)
Accounts payable(26,877)(15,449)
Amounts due customers including gas supply pass-through7,34222,076
Income tax receivable39,347(48,284)
Pension and other postretirement benefit contributions(5,025)(40,988)
Other current assets and liabilities21,28610,839
Net cash provided by operating activities593,949517,939
Investing Activities  
Additions to property, plant and equipment(634,427)(309,849)
Acquisitions, net of cash acquired(106,578)(208,667)
Proceeds from sale of assets7,401607
Purchase of short-term investments0(154,880)
Sale of short-term investments079,938
Other, net(946)(1,395)
Net cash used in investing activities(734,550)(594,246)
Financing Activities  
Payment of dividends on common stock(29,188)(28,030)
Issuance of common stock6,221594
Issuance of long-term debt399,9520
Payment of long-term debt(5,407)(707)
Net change in short-term debt(230,000)42,000
Tax benefit on stock compensation922720
Debt issuance costs(3,162)0
Net cash provided by financing activities139,33814,577
Net change in cash and cash equivalents(1,263)(61,730)
Cash and cash equivalents at beginning of period22,65975,844
Cash and Cash Equivalents at End of Period21,39614,114
Alabama Gas Corporation
  
Operating Activities  
Net income35,34436,786
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation, depletion and amortization29,60634,380
Deferred income taxes16,62621,889
Bad debt expense3,1842,979
Other, net227(16,188)
Net change in:  
Accounts receivable41,08540,921
Inventories(6,173)(4,782)
Accounts payable(22,155)(16,381)
Amounts due customers including gas supply pass-through7,34222,076
Income tax receivable6,807(7,990)
Pension and other postretirement benefit contributions(2,108)(25,185)
Other current assets and liabilities(8,474)8,917
Net cash provided by operating activities101,31197,422
Investing Activities  
Additions to property, plant and equipment(57,424)(74,710)
Other, net177(3,807)
Net cash used in investing activities(57,247)(78,517)
Financing Activities  
Payment of dividends on common stock(29,183)(37,367)
Payment of long-term debt(5,407)(707)
Net decreases in advances from affiliates370(24,962)
Net change in short-term debt(20,000)42,000
Net cash provided by financing activities(54,220)(21,036)
Net change in cash and cash equivalents(10,156)(2,131)
Cash and cash equivalents at beginning of period16,9109,460
Cash and Cash Equivalents at End of Period$ 6,754$ 7,329