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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net margin $ 51,265 $ 56,019
Adjustments to reconcile net margin to net cash provided by operating activities:    
Depreciation and amortization, including nuclear fuel 281,049 277,209
Accretion cost 36,361 28,364
Amortization of deferred gains (1,341) (1,341)
Allowance for equity funds used during construction (569) (708)
Deferred outage costs (26,925) (23,761)
(Gain) loss on sale of investments (4,611) 3,886
Regulatory deferral of costs associated with nuclear decommissioning (17,686) (20,019)
Other (549) (4,564)
Change in operating assets and liabilities:    
Receivables (1,706) (14,580)
Inventories (13,238) 16,209
Prepayments and other current assets (2,256) 2,535
Accounts payable (60,068) (6,098)
Accrued interest 6,147 1,298
Accrued taxes 34,435 12,312
Other current liabilities (26,761) (11,743)
Member power bill prepayments (94,398) 67,461
Other 37,982 10,866
Total adjustments 145,866 337,326
Net cash provided by operating activities 197,131 393,345
Cash flows from investing activities:    
Property additions (887,160) (852,225)
Activity in nuclear decommissioning trust fund - Purchases (281,821) (360,801)
Activity in nuclear decommissioning trust fund - Proceeds 275,545 354,897
Decrease in restricted investments 89,175 127,662
Activity in other long-term investments - Purchases (165,743) (160,813)
Activity in other long-term investments - Proceeds 134,907 135,673
Other (9,674) 8,331
Net cash used in investing activities (844,771) (747,276)
Cash flows from financing activities:    
Long-term debt proceeds 683,008 280,257
Long-term debt payments (477,360) (117,684)
Increase in short-term borrowings, net 124,044 505,397
Other (7,631) 6,180
Net cash provided by financing activities 322,061 674,150
Net (decrease) increase in cash and cash equivalents (325,579) 320,219
Cash and cash equivalents at beginning of period 752,618 397,695
Cash and cash equivalents at end of period 427,039 717,914
Cash paid for -    
Interest (net of amounts capitalized) 156,370 166,134
Supplemental disclosure of non-cash investing and financing activities:    
Change in asset retirement obligations 5,053 2,404
Accrued property additions at end of period 103,390 144,372
Interest paid-in-kind $ 55,767 $ 44,040