XML 51 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 336.2 $ 341.5
Adjustments to reconcile net income to net cash provided from operating activities    
Depreciation and amortization 233.0 273.0
Impairment of assets 0 0.3
Deferred income taxes and investment tax credits, net 106.5 130.9
Equity in earnings of unconsolidated affiliates (64.5) 0
Allowance for equity funds used during construction (4.4) (4.9)
(Gain) loss on disposition and abandonment of assets (8.7) (1.8)
Gain on insurance proceeds 0 (7.5)
Stock-based compensation (4.9) (7.1)
Distributions from unconsolidated affiliates 17.4 0
Regulatory assets 7.4 17.5
Regulatory liabilities (16.9) (12.8)
Other assets (9.2) (3.1)
Other liabilities (18.5) (22.4)
Change in certain current assets and liabilities    
Accounts receivable, net (111.8) (68.2)
Accrued unbilled revenues (13.3) (3.2)
Income taxes receivable 1.6 1.0
Fuel, materials and supplies inventories 5.2 13.7
Fuel clause under recoveries 0 1.0
Other current assets (0.2) (11.7)
Accounts payable (15.3) (81.5)
Accounts payable - unconsolidated affiliates 4.9 0
Fuel clause over recoveries (97.2) 99.4
Other current liabilities 3.9 20.3
Net Cash Provided from Operating Activities 351.2 678.0
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (less allowance for equity funds used during construction) (772.9) (792.8)
Investment in unconsolidated affiliates (2.7) 0
Acquisition of gathering assets 0 (80.5)
Proceeds from insurance 0 7.6
Reimbursement of capital expenditures 0 28.2
Proceeds from sale of assets 36.2 0.9
Net Cash Used in Investing Activities (739.4) (836.6)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from long-term debt 247.4 250.0
Changes in advances with unconsolidated affiliates 131.8 0
Contributions from noncontrolling interest partners 107.0 1.0
Increase in short-term debt 16.1 178.5
Issuance of common stock 10.8 10.9
Repayment of line of credit 0 (150.0)
Payment of long-term debt (0.2) 0
Distributions to noncontrolling interest partners (2.5) (10.3)
Dividends paid on common stock (124.0) (115.9)
Net Cash Provided from Financing Activities 386.4 164.2
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (1.8) 5.6
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1.8 4.6
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 0 $ 10.2