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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 38.3 $ 279.5
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation and amortization 121.2 107.4
Deferred income taxes and other tax credits, net 0.9 47.5
Gain on investment in equity securities 0.0 (282.3)
Allowance for equity funds used during construction (4.5) (1.3)
Stock-based compensation expense 3.0 2.3
Regulatory assets (14.8) (35.5)
Regulatory liabilities (27.2) (19.1)
Other assets (2.2) 4.3
Other liabilities (6.4) (6.4)
Change in certain current assets and liabilities:    
Accounts receivable and accrued unbilled revenues, net 43.4 0.4
Income taxes receivable 5.9 1.6
Fuel, materials and supplies inventories (38.0) (25.3)
Fuel recoveries 144.8 (30.4)
Other current assets 2.3 10.0
Accounts payable (103.8) 24.5
Other current liabilities (15.1) (18.3)
Net cash provided from operating activities 147.8 58.9
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (less allowance for equity funds used during construction) (286.0) (220.1)
Other (1.7) (0.3)
Net cash provided used in investing activities (287.7) (220.4)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 444.7 0.0
Increase (decrease) in short-term debt 0.0 244.6
Dividends paid on common stock (83.6) (82.3)
Cash paid for employee equity-based compensation and expense of common stock (2.3) (0.8)
Net cash provided from financing activities 358.8 161.5
NET CHANGE IN CASH AND CASH EQUIVALENTS 218.9 0.0
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 88.1 0.0
CASH AND CASH EQUIVALENTS AT END OF PERIOD 307.0 0.0
OG&E [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income 39.8 39.0
Adjustments to reconcile net income to net cash provided from operating activities:    
Depreciation and amortization 121.2 107.4
Deferred income taxes and other tax credits, net (0.4) 4.5
Allowance for equity funds used during construction (4.5) (1.3)
Stock-based compensation expense 0.6 0.8
Regulatory assets (14.8) (35.5)
Regulatory liabilities (27.2) (19.1)
Other assets (2.9) 0.5
Other liabilities (2.8) (8.5)
Change in certain current assets and liabilities:    
Accounts receivable and accrued unbilled revenues, net 43.9 0.2
Fuel, materials and supplies inventories (38.0) (25.3)
Fuel recoveries 144.8 (30.4)
Other current assets 3.1 9.2
Accounts payable (87.4) 27.6
Income taxes payable - parent 6.9 2.8
Other current liabilities (12.3) (20.5)
Net cash provided from operating activities 170.0 51.4
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (less allowance for equity funds used during construction) (286.0) (220.1)
Net cash provided used in investing activities (286.0) (220.1)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 444.7 0.0
Increase (decrease) in short-term debt 0.0 182.5
Changes in advances with parent (328.7) (13.8)
Net cash provided from financing activities 116.0 168.7
NET CHANGE IN CASH AND CASH EQUIVALENTS 0.0 0.0
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 0.0 0.0
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 0.0 $ 0.0