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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities      
Net income $ 127,263 $ 129,852 $ 95,177
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 153,241 137,947 124,069
Demand side management program amortization 1,673 1,673 1,673
Deferred income taxes 62,836 123,517 36,475
Amortization of Investment Tax Credits (213) (341) (341)
Allowance for equity funds used during construction (7,378) (12,118) (10,186)
Provision for bad debts 4,655 4,137 3,437
Gain on sale of transmission assets 0 0 (13,661)
Net derivative losses 268 268 268
Other Operating Activities, Cash Flow Statement (3,827) 0 0
Changes in operating assets and liabilities:      
Accounts receivable (3,291) 9,045 (36,184)
Accrued unbilled revenues 25,506 (20,080) (10,315)
Inventories 5,686 (6,093) (7,443)
Prepayments and other (24,712) (11,905) 4,456
Accounts payable (24,570) 11,428 20,650
Net regulatory assets and liabilities 26,452 (973) 620
Other current liabilities (30,762) 12,665 51,880
Pension and other employee benefit obligations (9,405) (2,246) (17,968)
Change in other noncurrent assets 2,352 2,836 (2,281)
Change in other noncurrent liabilities 8,974 7,166 (2,689)
Net cash provided by operating activities 314,748 386,778 237,637
Investing activities      
Utility capital/construction expenditures (599,511) (554,936) (584,736)
Allowance for equity funds used during construction 7,378 12,118 10,186
Proceeds from sale of transmission assets 0 0 37,118
Investments in utility money pool arrangement (92,000) (105,000) (12,000)
Receipts from utility money pool arrangement 92,000 105,000 12,000
Payments for (Proceeds from) Other Investing Activities 3,136 0 0
Net cash used in investing activities (588,997) (542,818) (537,432)
Financing activities      
(Repayment of) proceeds from short-term borrowings, net (22,000) (47,000) 75,000
Proceeds from issuance of long-term debt 198,496 148,123 94,626
Borrowings under utility money pool arrangement 579,700 458,000 767,000
Repayments under utility money pool arrangement (595,700) (480,000) (729,000)
Capital contributions from parent 214,535 160,000 162,277
Dividends paid to parent (100,544) (83,498) (69,579)
Net cash provided by financing activities 274,487 155,625 300,324
Net change in cash and cash equivalents 238 (415) 529
Cash and cash equivalents at beginning of period 596 1,011 482
Cash and cash equivalents at end of period 834 596 1,011
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of amounts capitalized) (76,474) (70,748) (67,209)
Cash paid for income taxes, net (23,987) 42,679 (16,721)
Supplemental disclosure of non-cash investing transactions:      
Property, plant and equipment additions in accounts payable $ 44,335 $ 33,164 $ 23,305