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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 271.3 $ 395.8 $ 393.8
Adjustments to reconcile net income to net cash provided from operating activities      
Depreciation and amortization 307.9 281.4 298.6
Deferred income taxes and investment tax credits 102.6 177.3 125.9
Equity in earnings of unconsolidated affiliates (15.5) [1] (172.6) (101.9)
Distributions from unconsolidated affiliates 94.1 143.7 51.7
Allowance for equity funds used during construction (8.3) (4.2) (6.6)
Gain on disposition of assets (0.2) (0.2) (8.6)
Stock-based compensation 5.9 (2.7) (3.5)
Regulatory assets (9.1) 4.5 26.7
Regulatory liabilities (27.5) (4.4) (32.5)
Other assets 10.6 (16.3) 1.3
Other liabilities 8.6 29.6 (7.0)
Change in certain current assets and liabilities      
Accounts receivable, net 15.7 (9.4) (34.0)
Accounts receivable - unconsolidated affiliates 3.9 6.8 3.7
Accrued unbilled revenues 2.0 3.2 (1.3)
Income taxes receivable (1.2) (10.4) 1.6
Fuel, materials and supplies inventories (56.5) 20.4 5.1
Fuel clause under recoveries 68.3 (42.1) (26.2)
Other current assets (17.2) (2.6) (4.4)
Accounts payable 30.9 (64.0) 56.9
Fuel clause over recoveries 61.3 (0.4) (108.8)
Other current liabilities 17.8 (11.8) (7.3)
Net Cash Provided from Operating Activities 865.4 721.6 623.2
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (less allowance for equity funds used during construction) (547.8) (569.3) (990.6)
Return of capital - equity method investments 45.2 9.5 0.0
Proceeds from sale of assets 2.5 0.7 36.3
Investment in unconsolidated affiliates 0.0 0.0 (2.7)
Net Cash Used in Investing Activities (500.1) (559.1) (957.0)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from long-term debt 0.0 588.9 247.4
Issuance of common stock 7.2 13.2 14.2
Dividends paid on common stock (204.6) (184.1) (165.5)
Payment of long-term debt (0.2) (240.2) (0.1)
(Decrease) increase in short-term debt (98.0) (341.6) 8.7
Changes in advances with unconsolidated affiliates 0.0 0.0 129.6
Contributions from noncontrolling interest partners 0.0 0.0 107.0
Distributions to noncontrolling interest partners 0.0 0.0 (2.5)
Net Cash (Used in) Provided From Financing Activities (295.6) (163.8) 338.8
NET CHANGE IN CASH AND CASH EQUIVALENTS 69.7 (1.3) 5.0
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 5.5 6.8 1.8
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 75.2 $ 5.5 $ 6.8
[1] In September 2015, the Company recorded a $108.4 million pre-tax charge for its share of the goodwill impairment, as adjusted for the basis difference. See Note 3 for further discussion of Enable's goodwill impairment.