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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net income $ 131,009 $ 125,668
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 112,180 103,138
Deferred income taxes (18,780) 24,954
Share-based compensation expense 5,699 5,679
Provision for doubtful accounts 2,511 5,496
Changes in assets and liabilities:    
Accounts receivable 100,955 126,842
Materials and supplies (7,927) 691
Natural gas in storage (18,660) 8,198
Increase (Decrease) in Other Regulatory Assets 20,919 21,375
Accounts payable (92,887) 13,519
Accrued taxes other than income (8,852) (7,710)
Customer deposits (2,177) (11,263)
IncreaseDecreaseInRegulatoryAssetsAndLiabilitiesCurrent 43,697 13,579
IncreaseDecreaseInRegulatoryAssetsAndLiabilitiesNonCurrent 56,135 (1,931,332)
Increase (Decrease) in Other Current Assets and Liabilities, Net 8,234 (14,300)
Increase (Decrease) in Other Noncurrent Assets and Liabilities, Net (3,541) (19,132)
Cash provided by operating activities 286,677 (1,577,348)
Investing activities    
Capital expenditures (251,060) (217,039)
Payments for (Proceeds from) Other Investing Activities (1,332) (2,821)
Proceeds from Sale of Other Assets, Investing Activities 891 716
Cash used in investing activities (251,501) (219,144)
Financing activities    
Borrowings (repayments) of short-term debt, net (3,900) (418,225)
Proceeds from Issuance of Senior Long-term Debt 0 2,498,895
Payments of Debt Issuance Costs 0 (35,110)
Proceeds from Issuance of Common Stock 37,104 18,122
Dividends paid (66,821) (61,785)
Payment, Tax Withholding, Share-based Payment Arrangement (3,026) (4,328)
Cash used in financing activities (36,643) 1,997,569
Change in cash and cash equivalents (1,467) 201,077
Cash and cash equivalents at beginning of period 8,852 7,993
Cash and cash equivalents at end of period $ 7,385 $ 209,070