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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOW FROM OPERATING ACTIVITIES:      
Net income (loss) $ (197,684) $ 207,202 $ 238,985
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 470,455 371,041 332,027
Impairment of assets and other charges 455,425 0 0
Deferred income taxes (72,048) 61,212 50,717
Gains on sale of property and equipment (7,865) (6,906) (1,848)
Changes in undistributed stock compensation 9,446 9,294 7,114
Equity AFUDC (465) 0 (4,724)
Changes in current assets and liabilities:      
Accounts receivable, net of allowances (193,775) (51,554) (48,772)
Accrued utility revenue (3,200) (2,500) (3,300)
Deferred purchased gas costs (147,215) (343,728) 36,239
Accounts payable 293,909 50,426 (7,694)
Accrued taxes 17,929 (6,725) 15,171
Other current assets and liabilities (207,853) (89,209) 107,427
Changes in deferred charges and other assets 16,886 (13,541) (32,591)
Changes in other liabilities and deferred credits (26,485) (73,629) (62,671)
Net cash provided by operating activities 407,460 111,383 626,080
CASH FLOW FROM INVESTING ACTIVITIES:      
Construction expenditures and property additions (859,421) (715,626) (825,105)
Acquisition of businesses, net of cash acquired (18,809) (2,354,260) 0
Changes in customer advances 21,506 15,974 14,033
Other 17,822 18,256 9,003
Net cash used in investing activities (838,902) (3,035,656) (802,069)
CASH FLOW FROM FINANCING ACTIVITIES:      
Issuance of common stock, net 461,828 213,641 139,245
Dividends paid (160,563) (138,222) (125,504)
Centuri distribution to redeemable noncontrolling interest (39,649) 0 0
Issuance of long-term debt, net 1,067,805 1,660,696 662,377
Retirement of long-term debt (499,914) (452,664) (356,406)
Change in credit facility and commercial paper (80,000) (20,000) 0
Change in short-term debt (366,193) (48,000) (104,000)
Issuance of short-term debt 0 1,850,000 0
Withholding remittance – share-based compensation (2,662) (1,264) (2,736)
Other, including principal payments on finance leases (24,172) (729) (3,402)
Net cash provided by financing activities 356,480 3,063,458 209,574
Effects of currency translation on cash and cash equivalents (854) 160 228
Change in cash and cash equivalents (75,816) 139,345 33,813
Cash and cash equivalents disposed (23,803) 0 0
Cash and cash equivalents at beginning of period 222,697 83,352 49,539
Cash and cash equivalents at end of period 123,078 222,697 83,352
SUPPLEMENTAL INFORMATION:      
Interest paid, net of amounts capitalized 219,825 104,352 105,182
Income taxes paid (received), net $ 12,001 $ 4,208 $ (10,951)