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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 25.2 $ 43.2
Adjustments to reconcile net income to net cash provided from operating activities    
Depreciation and amortization 78.5 75.9
Deferred income taxes and investment tax credits 10.4 13.0
Equity in earnings of unconsolidated affiliates (28.3) (31.7)
Distributions from unconsolidated affiliates 28.7 34.3
Allowance for equity funds used during construction (1.6) (1.5)
Stock-based compensation 1.7 0.5
Regulatory assets (2.3) 2.7
Regulatory liabilities (4.6) (0.7)
Other assets 2.5 (0.8)
Other liabilities 2.1 (0.1)
Change in certain current assets and liabilities    
Accounts receivable, net 38.0 19.6
Accounts receivable - unconsolidated affiliates (1.2) (1.0)
Accrued unbilled revenues 2.1 9.0
Fuel, materials and supplies inventories 10.2 (23.9)
Fuel clause under recoveries 0.0 41.3
Other current assets (10.0) 1.3
Accounts payable (44.1) (15.1)
Fuel clause over recoveries 2.0 0.0
Other current liabilities (35.9) (26.4)
Net Cash Provided from Operating Activities 73.4 139.6
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (less allowance for equity funds used during construction) (177.7) (108.8)
Return of capital - equity method investments 6.6 0.0
Proceeds from sale of assets 0.0 0.1
Net Cash Used in Investing Activities (171.1) (108.7)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock 0.0 3.1
Dividends paid on common stock (54.9) (49.9)
Payment of long-term debt (110.1) 0.0
Increase in short-term debt 187.5 11.9
Net Cash Provided from (Used in) Financing Activities 22.5 (34.9)
NET CHANGE IN CASH AND CASH EQUIVALENTS (75.2) (4.0)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 75.2 5.5
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 0.0 $ 1.5