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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating activities    
Net income $ 116,605 $ 93,285
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 90,809 84,948
Demand side management program amortization 1,257 1,392
Deferred income taxes 66,372 49,182
Amortization of investment tax credits (740) (651)
Allowance for equity funds used during construction (5,923) (2,726)
Net realized and unrealized hedging and derivative transactions (164) 6,496
Changes in operating assets and liabilities:    
Accounts receivable 41,048 30,996
Accrued unbilled revenues 49,579 112,150
Inventories 42,434 56,836
Prepayments and other (10,662) (3,250)
Accounts payable (18,383) (124,292)
Net regulatory assets and liabilities 67,907 10,147
Other current liabilities 10,870 39,057
Pension and other employee benefit obligations (44,273) (39,547)
Change in other noncurrent assets 3,779 (6,434)
Change in other noncurrent liabilities 1,720 (1,297)
Net cash provided by operating activities 412,235 306,292
Investing activities    
Utility capital/construction expenditures (226,948) (152,420)
Allowance for equity funds used during construction 5,923 2,726
Investments in utility money pool arrangement (276,000) (383,000)
Repayments from utility money pool arrangement 76,000 363,000
Net cash used in investing activities (421,025) (169,694)
Financing activities    
Repayments of short-term borrowings, net (154,000) 0
Borrowings under utility money pool arrangement 14,000 0
Repayments under utility money pool arrangement (14,000) 0
Proceeds from issuance of long-term debt 493,164 0
Repayments of long-term debt (250,000) 0
Dividends paid to parent (66,803) (134,004)
Net cash provided by (used in) financing activities 22,361 (134,004)
Net change in cash and cash equivalents 13,571 2,594
Cash and cash equivalents at beginning of period 5,150 3,763
Cash and cash equivalents at end of period 18,721 6,357
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (54,770) (44,384)
Cash (paid) received for income taxes, net (16,308) 3,623
Supplemental disclosure of non-cash investing and financing transactions:    
Property, plant and equipment additions in accounts payable $ 81,470 $ 60,020