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STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Net income $ 264,224 $ 222,850 $ 231,232
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 317,256 296,699 279,830
Deferred income tax provision 49,507 106,522 24,773
Share-based compensation expense 14,791 13,733 12,184
Provision for doubtful accounts 8,207 6,705 9,698
Proceeds from Securitization Bonds, Operating Activities 0 0 197,366
Changes in assets and liabilities:      
Accounts receivable (61,390) (67,289) 196,272
Materials and supplies (5,933) (14,013) (6,776)
Income tax receivable (1,928) (49,677) (3,947)
Natural gas in storage (15,267) 25,913 82,108
Asset removal costs (52,268) (58,952) (62,023)
Accounts payable (35,397) (15,014) (90,046)
Accrued taxes other than income (40) 6,815 (9,559)
Customer deposits (3,372) (5,944) 4,333
Regulatory assets and liabilities, current, net 68,397 (90,829) 7,249
Regulatory assets and liabilities, noncurrent, net 36,660 19,354 38,869
Other current assets and liabilities, net (708) (17,091) 30,017
Other noncurrent assets and liabilities, net (3,906) (11,371) (2,048)
Cash provided by operating activities 578,833 368,411 939,532
Investing activities      
Capital expenditures (707,226) (703,165) (666,634)
Payments for Other Investing Activities (12,724) (10,402) (8,508)
Proceeds from Sale of Other Assets, Investing Activities 4,626 6,072 5,499
Cash used in investing activities (715,324) (707,495) (669,643)
Financing activities      
Borrowings (repayments) of short-term debt, net (177,200) 826,100 (463,500)
Proceeds from issuance of long-term debt, net of premiums and discounts 250,000 253,467 299,583
Payments of Debt Issuance Costs (432) 2,193 2,508
Repayments of Other Long-Term Debt (15) (773,013) 0
Repayment of securitized utility tariff bonds (29,493) (27,939) (20,716)
Proceeds from Issuance of Common Stock 212,183 252,379 85,259
Dividends paid (160,705) (149,456) (144,094)
Payment, Tax Withholding, Share-based Payment Arrangement (2,657) (1,111) (2,653)
Cash used in financing activities 91,681 378,234 (248,629)
Change in cash and cash equivalents (44,810) 39,150 21,260
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance 78,537 39,387 18,127
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 33,727 78,537 39,387
Interest Paid, Excluding Capitalized Interest 138,987 148,987 80,726
Income Tax Paid, State and Local, after Refund Received 540 366 769
Income Tax Paid, Oklahoma, after Refund Received (1,523) (4,546) 1,571
Income Tax Paid, Federal, after Refund Received $ 10,113 $ (16,280) $ 18,504