XML 13 R3.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) (USD $)
In Thousands
9 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 108,810 $ 115,942
Adjustments to reconcile net income to cash flows from operating activities:    
Unrealized loss on derivative instruments 53,503 6,186
Depreciation and amortization 25,445 24,628
Allowance for equity used during construction (1,252) (1,474)
Allowance for bad debt expense 3,365 2,277
Deferred income taxes 22,110 69,329
Manufactured gas plant remediation costs (10,818) (2,925)
Equity in earnings of affiliates, net of distributions received (470) (2,261)
Cost of removal - asset retirement obligations (711) (676)
Contributions to postemployment benefit plans (9,591) (7,866)
Changes in:    
Components of working capital 5,311 (54,205)
Other noncurrent assets 11,951 9,891
Other noncurrent liabilities 19,568 (2,902)
Cash flows from operating activities 227,221 155,944
CASH FLOWS (USED IN) INVESTING ACTIVITIES    
Utility plant expenditures (69,894) (49,696)
Solar equipment expenditures (17,529) 0
Real estate properties and other expenditures (2,423) (460)
Cost of removal expenditures (8,075) (6,252)
Investments in equity investees 0 (4,300)
Withdrawal from restricted cash construction fund 67 0
Cash flows (used in) investing activities (97,854) (60,708)
CASH FLOWS (USED IN) FINANCING ACTIVITIES    
Proceeds from issuance of common stock 10,507 6,414
Tax benefit from stock options exercised 355 (96)
Proceeds from sale-leaseback transaction 5,901 4,925
Payments of long-term debt (25,690) (4,683)
Purchases of treasury stock (7,222) (28,069)
Payments of common stock dividends (43,747) (39,160)
Net (payments) proceeds of short-term debt (9,600) 20,900
Cash flows (used in) financing activities (69,496) (39,769)
Change in cash and temporary investments 59,871 55,467
Cash and temporary investments at beginning of period 943 36,186
Cash and temporary investments at end of period 60,814 91,653
CHANGES IN COMPONENTS OF WORKING CAPITAL    
Receivables (97,566) (82,253)
Inventories 87,210 18,222
Recovery of gas costs 36,329 (77,529)
Gas purchases payable 12,856 90,976
Prepaid and accrued taxes 15,654 (14,093)
Accounts payable and other 11,857 330
Restricted broker margin accounts (36,544) 24,172
Customers' credit balances and deposits (16,341) (17,137)
Other current assets (8,144) 3,107
Components of working capital 5,311 (54,205)
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION    
Cash paid for Interest (net of amounts capitalized) 9,778 10,426
Cash paid for Income taxes $ 4,138 $ 23,811