XML 66 R5.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating Activities:    
Net income $ 226.3 $ 177.3
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 258.5 256.6
Amortization of deferred costs and other 7.2 8.8
Gain on sale of assets and impairments (0.8) (0.7)
Changes in operating assets and liabilities:    
Trade and other receivables 40.2 10.9
Gas receivables and storage assets (22.3) 0.6
Costs recoverable from customers 17.2 (11.1)
Other assets (5.9) (7.9)
Trade and other payables (3.2) 2.6
Gas payables (0.2) 1.2
Accrued liabilities 21.3 16.0
Other liabilities (2.5) 1.0
Net cash provided by operating activities 535.8 455.3
Investing Activities:    
Capital expenditures (276.0) (354.8)
Proceeds from sale of operating assets 2.3 0.9
Advances to affiliates (3.1) 0.0
Net cash used in investing activities (276.8) (353.9)
Financing Activities:    
Proceeds from long-term debt, net of issuance cost 495.2 0.0
Repayment of borrowings from long-term debt (350.0) (185.0)
Proceeds from borrowings on revolving credit agreement 475.0 525.0
Repayment of borrowings on revolving credit agreement (795.0) (355.0)
Principal payment of finance lease obligation (0.5) (0.4)
Advances from affiliates 3.1 0.1
Distributions paid (76.7) (76.7)
Net cash used in financing activities (248.9) (92.0)
Increase in cash and cash equivalents 10.1 9.4
Cash and cash equivalents at beginning of period 3.6 17.6
Cash and cash equivalents at end of period $ 13.7 $ 27.0