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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net income $ 621.7 $ 556.3
Reconciliation to cash provided by operating activities    
Depreciation and amortization 415.3 392.3
Deferred income taxes and investment tax credits, net 31.7 274.6
Contributions and payments related to pension and OPEB plans (9.7) (111.5)
Equity income in transmission affiliates, net of distributions 4.9 (14.5)
Change in -    
Accounts receivable and unbilled revenues 235.5 247.3
Materials, supplies, and inventories 72.6 77.9
Other current assets 78.8 14.5
Accounts payable (85.0) (114.0)
Other current liabilities 0.1 18.3
Other, net 147.5 (74.3)
Net cash provided by operating activities 1,513.4 1,266.9
Investing Activities    
Capital expenditures (915.5) (790.0)
Acquisition of Forward Wind Energy Center (77.1) 0.0
Acquisition of Bluewater 0.0 (226.0)
Capital contributions to transmission affiliates (32.4) (50.5)
Proceeds from the sale of assets and businesses 7.9 20.7
Proceeds from the sale of investments held in rabbi trust 16.5 8.6
Other, net 3.8 1.0
Net cash used in investing activities (996.8) (1,036.2)
Financing Activities    
Exercise of stock options 5.1 15.6
Purchase of common stock (19.8) (39.7)
Dividends paid on common stock (348.7) (328.3)
Issuance of long-term debt 600.0 210.0
Retirement of long-term debt (681.4) (14.6)
Change in short-term debt (74.6) (85.4)
Other, net (3.8) (2.7)
Net cash used in financing activities (523.2) (245.1)
Net change in cash, cash equivalents, and restricted cash (6.6) (14.4)
Cash, cash equivalents, and restricted cash at beginning of period 58.6 72.7
Cash, cash equivalents, and restricted cash at end of period $ 52.0 $ 58.3