XML 19 R5.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities    
Net income $ 206.4 $ 189.9
Reconciliation to cash provided by operating activities    
Depreciation and amortization 224.0 210.7
Deferred income taxes and ITCs, net (14.3) (26.5)
Change in –    
Accounts receivable and unbilled revenues, net (37.6) 49.2
Materials, supplies, and inventories 10.4 9.8
Prepaid taxes 6.5 11.0
Other current assets 16.5 16.4
Accounts payable 30.3 (67.2)
Accrued taxes 5.6 46.0
Other current liabilities 25.4 (8.6)
Other, net 0.5 30.4
Net cash provided by operating activities 473.7 461.1
Investing activities    
Capital expenditures (387.6) (311.1)
Proceeds from assets transferred to affiliates 10.7 0.3
Other, net 3.4 5.1
Net cash used in investing activities (373.5) (305.7)
Financing activities    
Change in short-term debt (90.0) (88.5)
Issuance of long-term debt 418.8 0.0
Retirement of long-term debt (300.0) 0.0
Payments for finance lease obligations (32.5) (28.2)
Equity contribution from parent 30.0 65.0
Payment of dividends to parent (120.0) (120.0)
Other, net (6.8) (0.8)
Net cash used in financing activities (100.5) (172.5)
Net change in cash, cash equivalents, and restricted cash (0.3) (17.1)
Cash, cash equivalents, and restricted cash at beginning of period 7.2 19.1
Cash, cash equivalents, and restricted cash at end of period $ 6.9 $ 2.0