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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income $ 390.4 $ 356.9
Reconciliation to cash provided by operating activities    
Depreciation and amortization 208.6 194.6
Deferred income taxes and investment tax credits, net 17.0 150.2
Contributions and payments related to pension and OPEB plans (5.3) (106.0)
Equity income in transmission affiliates, net of distributions 7.1 (6.7)
Change in -    
Accounts receivable and unbilled revenues (60.1) 55.0
Materials, supplies, and inventories 163.0 170.5
Other current assets 81.3 41.2
Accounts payable (170.9) (212.7)
Other current liabilities 128.6 90.8
Other, net 134.3 (19.2)
Net cash provided by operating activities 894.0 714.6
Investing Activities    
Capital expenditures (439.6) (329.7)
Capital contributions to transmission affiliates (12.8) (27.6)
Proceeds from the sale of assets and businesses 0.8 13.1
Proceeds from the sale of investments held in rabbi trust 16.5 8.6
Other, net (0.7) 2.5
Net cash used in investing activities (435.8) (333.1)
Financing Activities    
Exercise of stock options 2.1 5.9
Purchase of common stock (15.8) (20.2)
Dividends paid on common stock (174.2) (164.1)
Retirement of long-term debt (12.6) (12.0)
Change in short-term debt (244.3) (189.8)
Other, net (0.3) (0.6)
Net cash used in financing activities (445.1) (380.8)
Net change in cash, cash equivalents, and restricted cash 13.1 0.7
Cash, cash equivalents, and restricted cash at beginning of period 58.6 72.7
Cash, cash equivalents, and restricted cash at end of period $ 71.7 $ 73.4