XML 17 R5.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities:    
Net income $ 175.6 $ 226.3
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 268.4 258.5
Amortization of deferred costs and other 10.5 7.2
Loss (gain) on sale of assets and impairments 0.9 (0.8)
Changes in operating assets and liabilities:    
Trade and other receivables 25.7 40.2
Gas receivables and storage assets (18.6) (22.3)
Other assets (5.5) 11.3
Trade and other payables (7.7) (3.2)
Gas payables 10.9 (0.2)
Accrued liabilities 33.6 21.3
Other liabilities 7.4 (2.5)
Net cash provided by operating activities 501.2 535.8
Investing Activities:    
Capital expenditures (350.5) (276.0)
Proceeds from sale of operating assets 3.7 2.3
Advances to affiliates (4.3) (3.1)
Net cash used in investing activities (351.1) (276.8)
Financing Activities:    
Proceeds from long-term debt, net of issuance cost 495.0 495.2
Repayment of borrowings from long-term debt 0.0 (350.0)
Proceeds from borrowings on revolving credit agreement 432.9 475.0
Repayment of borrowings on revolving credit agreement (727.9) (795.0)
Principal payment of finance lease obligation (0.5) (0.5)
Advances from affiliates (4.1) 3.1
Distributions paid 0.0 (76.7)
Net cash provided by (used in) financing activities 195.4 (248.9)
Increase in cash and cash equivalents 345.5 10.1
Cash and cash equivalents at beginning of period 3.7 3.6
Cash and cash equivalents at end of period $ 349.2 $ 13.7