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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (APSC) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 382,493 $ 346,950
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization including nuclear fuel 360,570 370,107
Deferred fuel and purchased power 51,533 30,965
Deferred fuel and purchased power amortization (91,894) (121,018)
Allowance for equity funds used during construction (15,639) (18,697)
Deferred income taxes 206,501 131,582
Change in derivative instruments fair value (943) 1,861
Changes in current assets and liabilities:    
Customer and other receivables (76,697) (47,410)
Accrued unbilled revenues (11,186) (80,877)
Materials, supplies and fossil fuel (23,873) (25,532)
Other current assets (10,035) (1,581)
Accounts payable (69,776) 29,340
Accrued taxes 76,365 89,534
Other current liabilities 17,071 30,300
Change in margin and collateral accounts - assets 1,980 33,591
Change in margin and collateral accounts - liabilities 114,579 85,785
Change in other long-term assets (15,205) (10,678)
Change in other long-term liabilities 37,181 74,565
Net cash flow provided by operating activities 929,471 920,506
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (670,684) (643,261)
Contributions in aid of construction 41,451 36,351
Allowance for borrowed funds used during construction (10,428) (14,371)
Proceeds from sale of life insurance policies   55,444
Proceeds from nuclear decommissioning trust sales 295,126 405,637
Investment in nuclear decommissioning trust (308,063) (417,957)
Other (520) (1,246)
Net cash flow used for investing activities (653,118) (534,292)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of long-term debt 351,081 470,353
Repayment of long-term debt (421,703) (228,457)
Dividends paid on common stock (167,074) (166,197)
Noncontrolling interests (2,630) (2,610)
Net cash flow provided by (used for) financing activities (230,457) 68,310
NET INCREASE IN CASH AND CASH EQUIVALENTS 45,896 454,524
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 33,583 110,188
CASH AND CASH EQUIVALENTS AT END OF PERIOD 79,479 564,712
Cash paid during the period for:    
Income taxes paid (651) 5,676
Interest, net of amounts capitalized 152,582 163,250
ARIZONA PUBLIC SERVICE COMPANY
   
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 392,227 342,051
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization including nuclear fuel 360,499 369,999
Deferred fuel and purchased power 51,533 30,965
Deferred fuel and purchased power amortization (91,894) (121,018)
Allowance for equity funds used during construction (15,639) (18,697)
Deferred income taxes 231,225 135,789
Change in derivative instruments fair value (943) 1,861
Changes in current assets and liabilities:    
Customer and other receivables (79,152) (50,147)
Accrued unbilled revenues (11,186) (80,877)
Materials, supplies and fossil fuel (23,873) (25,532)
Other current assets (11,221) (3,836)
Accounts payable (72,802) 42,257
Accrued taxes 62,834 86,032
Other current liabilities 112 18,931
Change in margin and collateral accounts - assets 1,980 33,591
Change in margin and collateral accounts - liabilities 114,579 85,785
Change in other long-term assets (18,505) (10,198)
Change in other long-term liabilities 32,897 96,140
Net cash flow provided by operating activities 922,671 933,096
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (670,684) (637,181)
Contributions in aid of construction 41,451 36,351
Allowance for borrowed funds used during construction (10,428) (14,371)
Proceeds from sale of life insurance policies   44,183
Proceeds from nuclear decommissioning trust sales 295,126 405,637
Investment in nuclear decommissioning trust (308,063) (417,957)
Other (520) (2,346)
Net cash flow used for investing activities (653,118) (585,684)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of long-term debt 351,081 295,353
Repayment of long-term debt (421,703) (13,457)
Dividends paid on common stock (162,400) (171,600)
Noncontrolling interests (2,630) (2,610)
Net cash flow provided by (used for) financing activities (235,652) 107,686
NET INCREASE IN CASH AND CASH EQUIVALENTS 33,901 455,098
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 19,873 99,937
CASH AND CASH EQUIVALENTS AT END OF PERIOD 53,774 555,035
Cash paid during the period for:    
Income taxes paid   7,493
Interest, net of amounts capitalized $ 149,338 $ 158,011