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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income $ 772.0 $ 745.5
Reconciliation to cash provided by operating activities    
Depreciation and amortization 593.5 581.5
Deferred income taxes and investment tax credits, net 444.4 439.5
Contributions and payments related to pension and OPEB plans (115.4) (23.5)
Equity income in transmission affiliate, net of distributions (18.5) (35.8)
Change in -    
Accounts receivable and unbilled revenues 310.5 185.2
Materials, supplies, and inventories (84.1) 33.8
Other current assets 57.9 88.5
Accounts payable (111.2) (94.7)
Other current liabilities 23.4 (92.9)
Other, net (125.8) (105.2)
Net cash provided by operating activities 1,746.7 1,721.9
Investing Activities    
Capital expenditures (1,309.2) (1,000.1)
Acquisition of Bluewater (226.0) 0.0
Capital contributions to transmission affiliate (63.3) (27.1)
Proceeds from the sale of assets and businesses 22.7 161.2
Withdrawal of restricted cash from rabbi trust for qualifying payments 18.7 23.8
Other, net 5.1 0.6
Net cash used in investing activities (1,552.0) (841.6)
Financing Activities    
Exercise of stock options 25.6 40.4
Purchase of common stock (60.6) (105.6)
Dividends paid on common stock (492.4) (468.6)
Issuance of long-term debt 210.0 200.0
Retirement of long-term debt (26.9) (253.5)
Change in short-term debt 133.3 (305.6)
Other, net (3.1) (12.2)
Net cash used in financing activities (214.1) (905.1)
Net change in cash and cash equivalents (19.4) (24.8)
Cash and cash equivalents at beginning of period 37.5 49.8
Cash and cash equivalents at end of period $ 18.1 $ 25.0