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Consolidated Statements Of Cash Flow - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 282,702 $ 281,667
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 169,455 157,522
Deferred income taxes (34,711) (13,810)
Provision for doubtful accounts 11,594 12,793
Stock-based compensation 6,950 5,471
Gain on sale of utility systems and other assets (469) (478)
Net change in receivables, deferred purchased gas costs, inventory and prepayments 300,648 6,742
Net change in payables, accrued interest, accrued taxes and other accrued liabilities (90,739) (4,222)
Pension and other postretirement benefits contributions   (14,564)
Other (24,008) (14,819)
Net cash flows from operating activities 621,422 416,302
Cash flows from investing activities:    
Property, plant and equipment additions, including the debt component of allowance for funds used during construction of $2,587 and $3,013 (547,600) (424,645)
Acquisitions of utility systems, net (25,793) (50,010)
Net proceeds from the sale of utility systems and other assets 613 485
Other 386 157
Net cash flows used in investing activities (572,394) (474,013)
Cash flows from financing activities:    
Customers' advances and contributions in aid of construction 9,375 5,796
Repayments of customers' advances (1,958) (901)
Net proceeds (repayments) of short-term debt (180,457) (60,297)
Proceeds from long-term debt 384,715 770,376
Repayments of long-term debt (136,604) (464,585)
Change in cash overdraft position 3,795 (61,061)
Proceeds from issuance of common stock under dividend reinvestment plan 8,069 8,171
Proceeds from issuance of common stock from at-the-market sale agreement 19,294
Proceeds from exercised stock options 209 1,239
Repurchase of common stock (3,953) (1,027)
Dividends paid on common stock (151,686) (138,108)
Other 417 517
Net cash flows from (used in) financing activities (48,784) 60,120
Net change in cash and cash equivalents 244 2,409
Cash and cash equivalents at beginning of period 11,398 10,567
Cash and cash equivalents at end of period 11,642 12,976
Non-cash investing activities:    
Property, plant and equipment additions purchased at the period end, but not yet paid for 124,503 94,473
Non-cash utility property contributions $ 25,980 $ 8,789