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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities    
Net income $ 157,593 $ 172,253
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 126,757 124,211
Accretion expense 3,338 3,007
Deferred income taxes 75,409 37,499
Bad debt expense 2,673 (237)
Exploratory expense 216 19,416
Change in derivative fair value (314) (1,746)
Gain on sale of assets (5,926) (491)
Other, net 8,543 15,241
Net change in:    
Accounts receivable 43,066 97,040
Inventories (6,061) 5,703
Accounts payable (20,434) (50,581)
Amounts due customers including gas supply pass-through 8,513 29,311
Income tax receivable 39,225 (13,062)
Pension and other postretirement benefit contributions (4,061) (39,737)
Other current assets and liabilities 12,589 2,686
Net cash provided by operating activities 441,126 400,513
Investing Activities    
Additions to property, plant and equipment (378,640) (171,185)
Acquisitions, net of cash acquired (60,937) (5,580)
Proceeds from sale of assets 7,306 549
Purchase of short-term investments 0 (154,880)
Other, net (413) (702)
Net cash used in investing activities (432,684) (331,798)
Financing Activities    
Payment of dividends on common stock (19,458) (18,687)
Issuance of common stock 6,202 586
Payment of long-term debt (293) (519)
Net change in short-term debt (3,000) 0
Tax benefit on stock compensation 880 708
Net cash used in financing activities (15,669) (17,912)
Net change in cash and cash equivalents (7,227) 50,803
Cash and cash equivalents at beginning of period 22,659 75,844
Cash and Cash Equivalents at End of Period 15,432 126,647
Alabama Gas Corporation
   
Operating Activities    
Net income 44,437 43,906
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 19,626 24,929
Deferred income taxes 12,962 7,270
Bad debt expense 2,660 (225)
Other, net 1,620 3,516
Net change in:    
Accounts receivable 31,975 50,953
Inventories 1,919 11,468
Accounts payable (17,284) (18,070)
Amounts due customers including gas supply pass-through 8,513 29,311
Income tax receivable 8,238 1,513
Pension and other postretirement benefit contributions (1,406) (24,286)
Other current assets and liabilities 4,491 9,743
Net cash provided by operating activities 117,751 140,028
Investing Activities    
Additions to property, plant and equipment (34,386) (36,586)
Other, net (1,545) (1,229)
Net cash used in investing activities (35,931) (37,815)
Financing Activities    
Payment of dividends on common stock (14,698) (18,684)
Payment of long-term debt (293) (519)
Net decreases in advances from affiliates 0 (24,962)
Net change in short-term debt (70,000) 0
Net cash used in financing activities (84,991) (44,165)
Net change in cash and cash equivalents (3,171) 58,048
Cash and cash equivalents at beginning of period 16,910 9,460
Cash and Cash Equivalents at End of Period $ 13,739 $ 67,508