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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows From Operating Activities      
Net income $ 103,701 $ 99,710 $ 54,857
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 183,785 170,237 115,734
Deferred income taxes 68,121 83,273 57,042
Allowance for funds used during construction (AFUDC) - equity (7,480) (10,539) (7,174)
Stock-based compensation expense (Note A) 4,907 5,286 4,080
Pension expense 39,906 39,028 28,811
Undistributed (earnings) losses in equity investments (15,440) (11,702) (1,440)
Excess generation service charge 4,894 (5,047) (28,217)
Deferred Transmission (income) expense (33,007) (15,408) 36,009
Other non-cash items, net 4,962 (48,632) (14,643)
Changes in:      
Accounts receivable, net (51,301) 34,654 (62,370)
Unbilled revenues (11,999) 9,693 (9,830)
Natural gas in storage 26,748 (3,436) 23,553
Cash distribution received from GenConn 19,672 7,977 0
Accounts payable (20,221) 4,446 25,209
Interest accrued 900 (1,341) 8,954
Taxes accrued/refundable, net 60,614 (41,366) (29,598)
Accrued liabilities 16,271 (2,528) 7,962
Accrued pension (59,317) (77,005) (8,862)
Other assets 6,811 2,750 2,605
Other liabilities (8,586) (17,188) 12,651
Total Adjustments 230,240 123,152 160,476
Net Cash provided by Operating Activities 333,941 222,862 215,333
Cash Flows from Investing Activities      
Acquisition of Gas Companies, net of cash acquired 0 11,211 (856,952)
Related party note receivable 0 (1,050) (9,750)
Plant expenditures including AFUDC debt (288,633) (328,079) (203,530)
Investment in GenConn 0 (2,000) (6,000)
Cash distributions from GenConn 1,872 0 0
Changes in restricted cash 3,717 (4,123) 1,297
Deposits in New England East West Solution (NEEWS) (Note C) (24,059) (2,393) (7,231)
Other 844 401 (114)
Net Cash (used in) Investing Activities (306,259) (326,033) (1,082,280)
Cash Flows from Financing Activities      
Issuance of common stock 1,943 200 502,220
Issuances of long-term debt 203,500 51,050 556,109
Payments on long-term debt (109,955) (146,573) (59,826)
Line of credit borrowings (repayments), net (48,000) 228,000 2,100
Payment of common stock dividend (87,490) (87,274) (51,836)
Other (822) (1,514) (6,808)
Net Cash provided by (used in) Financing Activities (40,824) 43,889 941,959
Unrestricted Cash and Temporary Cash Investments:      
Net change for the period (13,142) (59,282) 75,012
Balance at beginning of period 30,999 90,281 15,269
Balance at end of period 17,857 30,999 90,281
Cash paid during the period for:      
Interest (net of amount capitalized) 81,658 83,365 33,395
Income taxes 4,750 11,475 24,600
Non-cash investing activity:      
Plant expenditures included in ending accounts payable 47,475 45,046 54,492
Related party note receivable (Note H) 0 62,833 55,540
Equity investment in Related Party (Note H) 0 (62,833) (55,540)
Plant expenditures funded by deposits in NEEWS (6,346) 0 0
Deposits in New England East West Solution (NEEWS) $ 6,346 $ 0 $ 0