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STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities    
Net income $ 68,530 $ 68,443
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 62,778 67,771
Deferred income taxes 1,880 42,775
Share-based compensation expense 3,649 0
Provision for doubtful accounts 3,711 2,666
Changes in assets and liabilities:    
Accounts receivable 161,173 85,514
Natural gas in storage 14,083 (1,570)
Asset removal costs (21,557) (22,874)
Affiliate payable 0 (3,871)
Accounts payable (66,392) (43,279)
Accrued interest 19,386 0
Accrued taxes other than income 6,215 (67)
Customer deposits (294) (1,975)
Regulatory assets and liabilities 18,613 47,872
Other assets and liabilities (10,079) (16,396)
Cash provided by operating activities 261,696 225,009
Investing activities    
Capital expenditures (148,617) (130,049)
Proceeds from sale of assets 0 3,104
Cash used in investing activities (148,617) (126,945)
Financing activities    
Settlement of short-term notes payable to ONEOK, net 0 (85,756)
Issuance of debt, net of discounts 1,199,994 0
Long-term debt financing costs (11,058) 0
Cash Payment to ONEOK Upon Separation (1,130,000) 0
Issuance of common stock 693 0
Dividends paid (14,553) 0
Repayment of long-term debt 0 (59)
Distributions to ONEOK 0 (12,495)
Cash provided by (used in) financing activities 45,076 (98,310)
Change in cash and cash equivalents 158,155 (246)
Cash and cash equivalents at beginning of period 3,171 4,040
Cash and cash equivalents at end of period $ 161,326 $ 3,794