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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income $ 78.9 $ 98.0 $ 79.4
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 138.6 127.6 112.7
Deferred income taxes 5.4 23.3 45.6
Allowance for equity funds used during construction (3.2) (9.2) (6.7)
Provision for bad debts 7.0 4.2 4.1
Net derivative losses (0.2) (0.1) 0.1
Changes in operating assets and liabilities:      
Accounts receivable (10.1) (4.6) (9.9)
Accrued unbilled revenues 3.2 3.8 (6.4)
Inventories (7.9) (7.5) 0.6
Other current assets 12.6 2.1 0.9
Accounts payable (10.3) (9.1) 9.0
Net regulatory assets and liabilities 15.0 (19.8) (31.2)
Other current liabilities 10.9 (13.1) (2.2)
Pension and other employee benefit obligations (6.6) (14.6) (8.6)
Increase (Decrease) in Other Operating Assets and Liabilities, Net 0.4 2.7 (7.6)
Net cash provided by operating activities 233.7 183.7 179.8
Investing activities      
Utility capital/construction expenditures (211.9) (226.6) (212.1)
Other, net (0.2) 0.2 0.0
Net cash used in investing activities (212.1) (226.4) (212.1)
Financing activities      
Proceeds from (repayments of) short-term borrowings, net 14.0 40.0 (49.0)
Proceeds from issuance of long-term debt 0.0 196.6 97.5
Repayments of long-term debt (0.2) (151.1) (0.1)
Capital contributions from parent 48.1 49.2 48.0
Dividends paid to parent (84.4) (91.1) (64.0)
Other, net 0.0 (0.1) (0.2)
Net cash (used in) provided by financing activities (22.5) 43.5 32.2
Net change in cash, cash equivalents and restricted cash (0.9) 0.8 (0.1)
Cash, cash equivalents and restricted cash at beginning of period 2.2 1.4 1.5
Cash, cash equivalents and restricted cash at end of period 1.3 2.2 1.4
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of amounts capitalized) (36.3) (32.9) (30.9)
Cash received (paid) for income taxes, net 0.4 (20.6) (5.0)
Supplemental disclosure of non-cash investing transactions:      
Accrued property, plant and equipment additions 29.3 32.0 31.0
Inventory transfers to plant, property and equipment 9.0 8.2 5.5
Allowance for Funds Used During Construction, Investing Activities $ 3.2 $ 9.2 $ 6.7