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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities    
Net income $ 33.6 $ 24.0
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 38.9 34.3
Deferred income taxes (9.5) (0.2)
Allowance for equity funds used during construction (1.1) (0.6)
Changes in operating assets and liabilities:    
Accounts receivable (6.8) (12.6)
Accrued unbilled revenues 10.5 10.6
Inventories 3.1 4.7
Other current assets 4.6 10.7
Accounts payable (12.9) (8.8)
Net regulatory assets and liabilities 4.3 3.7
Other current liabilities (2.7) 6.1
Pension and other employee benefit obligations (6.8) (7.4)
Other, net 0.5 0.1
Net cash provided by operating activities 55.7 64.6
Investing activities    
Utility capital/construction expenditures (63.3) (50.4)
Other, net 0.0 (0.1)
Net cash used in investing activities (63.3) (50.5)
Financing activities    
Proceeds from (repayments of) short-term borrowings, net 11.0 (2.0)
Repayments of long-term debt 0.0 (0.1)
Capital contributions from parent 12.0 14.9
Dividends paid to parent (14.8) (27.4)
Other, net (0.1) 0.0
Net cash provided by (used in) financing activities 8.1 (14.6)
Net change in cash, cash equivalents and restricted cash 0.5 (0.5)
Cash, cash equivalents and restricted cash at beginning of period 1.3 2.2
Cash, cash equivalents and restricted cash at end of period 1.8 1.7
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (10.5) (10.4)
Cash (paid) received for income taxes, net (1.7) 6.5
Supplemental disclosure of non-cash investing transactions:    
Accrued property, plant and equipment additions 16.4 9.0
Inventory transfer additions in property, plant and equipment 0.6 0.7
Allowance for equity funds used during construction in property, plant and equipment $ 1.1 $ 0.6