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CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash Flows From Operating Activities    
Net income $ 69,741 $ 59,088
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 96,986 90,815
Deferred income taxes 3,527 23,353
Allowance for funds used during construction (AFUDC) - equity (5,334) (3,884)
Stock-based compensation expense (Note A) 3,017 3,709
Pension expense 24,083 20,118
Undistributed (earnings) losses in equity investments (7,683) (8,488)
Deferred purchased gas 44,692 26,345
Other non-cash items, net (1,943) (12,410)
Changes in:    
Accounts receivable, net 29,624 (7,883)
Unbilled revenues 30,495 18,524
Natural gas in storage 22,589 30,025
Accounts payable (47,949) (45,080)
Cash distributions from GenConn 7,704 12,925
Interest accrued (577) 187
Taxes accrued/refundable, net 31,276 43,459
Accrued liabilities (11,543) (3,975)
Accrued pension (46,668) (43,523)
Other assets (2,365) 6,002
Other liabilities (5,505) (4,283)
Total Adjustments 164,426 145,936
Net Cash provided by Operating Activities 234,167 205,024
Cash Flows from Investing Activities    
Plant expenditures including AFUDC debt (143,983) (145,199)
Cash distributions from GenConn 2,063 0
Changes in restricted cash 1,189 2,562
Deposits in New England East West Solution (NEEWS) (Note C) (527) (3,330)
Other 134 316
Net Cash (used in) Investing Activities (141,124) (145,651)
Cash Flows from Financing Activities    
Issuance of common stock 72 1,943
Issuances of long-term debt 0 203,500
Payments on long-term debt 0 (103,500)
Line of credit borrowings (repayments), net (43,000) (140,000)
Payment of common stock dividend (43,788) (43,715)
Other 390 3,590
Net Cash (used in) Financing Activities (86,326) (78,182)
Unrestricted Cash and Temporary Cash Investments:    
Net change for the period 6,717 (18,809)
Balance at beginning of period 17,857 30,999
Balance at end of period 24,574 12,190
Non-cash investing activity:    
Plant expenditures included in ending accounts payable 23,904 18,301
Plant expenditures funded by deposits in NEEWS (18,469) 0
Deposits in New England East West Solution (NEEWS) $ 18,469 $ 0