XML 16 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities:    
Net income $ 230.3 $ 239.8
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 294.0 274.1
Amortization of deferred costs and other 2.8 6.0
Loss (gain) on sale of assets and impairments 7.1 (0.2)
Changes in operating assets and liabilities:    
Trade and other receivables 15.7 11.8
Gas transportation receivables and storage assets (66.9) (23.1)
Other assets (7.3) (6.1)
Trade and other payables 9.9 2.8
Other payables, affiliates (0.2) 0.0
Gas transportation payables 3.7 6.5
Accrued liabilities 25.0 24.9
Regulatory assets and liabilities 69.1 (8.0)
Other liabilities (1.5) (1.6)
Net cash provided by operating activities 581.7 526.9
Investing Activities:    
Capital expenditures (208.0) (238.7)
Proceeds from sale of operating assets 1.0 0.5
Advances to affiliates (2.7) (1.8)
Net cash used in investing activities (209.7) (240.0)
Financing Activities:    
Proceeds from long-term debt, net of issuance cost 495.0 0.0
Repayment of borrowings from long-term debt (300.0) 0.0
Proceeds from borrowings on revolving credit facility 0.0 150.0
Repayment of borrowings on revolving credit facility, including financing fees (0.6) (284.4)
Principal payment of finance lease obligation (0.6) (0.6)
Advances from affiliates 3.0 (7.8)
Net cash provided by (used in) financing activities 196.8 (142.8)
Increase in cash and cash equivalents 568.8 144.1
Cash and cash equivalents at beginning of period 39.1 2.9
Cash and cash equivalents at end of period $ 607.9 $ 147.0