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Consolidated Statements Of Cash Flow - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 362,778 $ 350,305
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 255,490 240,252
Deferred income taxes (40,541) (12,794)
Provision for doubtful accounts 17,021 18,519
Stock-based compensation 8,929 8,164
Gain on sale of utility systems and other assets (184) (777)
Net change in receivables, deferred purchased gas costs, inventory and prepayments 265,922 (116,804)
Net change in payables, accrued interest, accrued taxes and other accrued liabilities (5,266) 65,845
Pension and other postretirement benefits contributions (20,343) (20,390)
Other (39,237) (13,161)
Net cash flows from operating activities 804,569 519,159
Cash flows from investing activities:    
Property, plant and equipment additions, including the debt component of allowance for funds used during construction of $4,502 and $4,527 (874,491) (719,688)
Acquisitions of utility systems, net (45,303) (104,383)
Net proceeds from the sale of utility systems and other assets 634 797
Other 451 205
Net cash flows used in investing activities (918,709) (823,069)
Cash flows from financing activities:    
Customers' advances and contributions in aid of construction 13,151 10,732
Repayments of customers' advances (5,222) (1,726)
Net proceeds (repayments) of short-term debt (96,668) 148,235
Proceeds from long-term debt 681,203 944,882
Repayments of long-term debt (570,634) (521,792)
Change in cash overdraft position (9,006) (64,326)
Proceeds from issuance of common stock under dividend reinvestment plan 12,061 12,421
Proceeds from issuance of common stock from at-the-market sale agreement 322,983
Proceeds from exercised stock options 229 1,909
Repurchase of common stock (3,955) (1,056)
Dividends paid on common stock (232,916) (213,354)
Other 21 784
Net cash flows from financing activities 111,247 316,709
Net change in cash and cash equivalents (2,893) 12,799
Cash and cash equivalents at beginning of period 11,398 10,567
Cash and cash equivalents at end of period 8,505 23,366
Non-cash investing activities:    
Property, plant and equipment additions purchased at the period end, but not yet paid for 106,150 97,777
Non-cash utility property contributions $ 36,913 $ 21,736