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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income $ 835.4 $ 576.0
Adjustments to reconcile income to net cash from operating activities:    
Depreciation and amortization 669.5 658.1
Amortization of nuclear fuel 35.7 43.8
Amortization of deferred refueling outage 18.8 19.1
Amortization of corporate-owned life insurance 18.5 14.8
Non-cash compensation 11.4 12.1
Net deferred income taxes and credits 98.6 136.5
Allowance for equity funds used during construction (20.8) (9.9)
Payments for asset retirement obligations (10.0) (11.0)
Equity in earnings of equity method investees, net of income taxes (6.1) (6.1)
Income from corporate-owned life insurance (13.7) (6.8)
Other (4.5) 0.7
Changes in working capital items:    
Accounts receivable (39.6) (68.6)
Accounts receivable pledged as collateral (35.0) (56.0)
Fuel inventory and supplies (40.0) (30.0)
Prepaid expenses and other current assets (167.9) 20.9
Accounts payable (206.8) (87.5)
Accrued taxes 169.5 192.3
Other current liabilities (14.1) (43.9)
Changes in other assets (308.7) 88.4
Changes in other liabilities 45.8 (21.2)
Cash Flows from Operating Activities 1,036.0 1,421.7
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Additions to property, plant and equipment (1,394.7) (1,058.1)
Purchase of securities - trusts (108.4) (50.3)
Sale of securities - trusts 95.3 44.2
Investment in corporate-owned life insurance (13.5) (16.4)
Proceeds from investment in corporate-owned life insurance 76.3 60.6
Other investing activities (4.1) (9.9)
Cash Flows used in Investing Activities (1,349.1) (1,029.9)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Short-term debt, net 301.6 (361.9)
Collateralized short-term borrowings, net 35.0 56.0
Issuance of common stock 112.5 0.0
Proceeds from long-term debt 497.3 889.3
Retirements of long-term debt (351.1) (251.1)
Retirements of long-term debt of variable interest entities (18.8) (32.3)
Borrowings against cash surrender value of corporate-owned life insurance 53.1 54.5
Repayment of borrowings against cash surrender value of corporate-owned life insurance (62.1) (52.5)
Cash dividends paid (366.7) (343.6)
Other financing activities (7.3) (11.8)
Cash Flows from (used in) Financing Activities 193.5 (53.4)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (119.6) 338.4
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 144.9 23.2
End of period $ 25.3 $ 361.6