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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 10-Q
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 2023
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
    Commission    
    File Number    
  Exact name of registrant as specified in its charter and
principal office address and telephone number
State of
Incorporation
I.R.S.
Employer Identification No.
001-37976 Southwest Gas Holdings, Inc.Delaware81-3881866
8360 S. Durango Drive
Post Office Box 98510
Las Vegas,Nevada89193-8510
(702) 876-7237
1-7850Southwest Gas CorporationCalifornia88-0085720
8360 S. Durango Drive
Post Office Box 98510
Las Vegas,Nevada89193-8510
(702) 876-7237
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Southwest Gas Holdings, Inc. Common Stock, $1 Par ValueSWXNew York Stock Exchange
Indicate by check mark whether each registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that each registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes      No  
Indicate by check mark whether each registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that each registrant was required to submit such files).    Yes      No  
Indicate by check mark whether each registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Southwest Gas Holdings, Inc.:
Large accelerated filer   Accelerated filer 
Non-accelerated filer   Smaller reporting company   
Emerging growth company    
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  
Southwest Gas Corporation:
Large accelerated filer   Accelerated filer 
Non-accelerated filer   Smaller reporting company   
Emerging growth company    
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  
Indicate by check mark whether each registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes      No  
Indicate the number of shares outstanding of each of the issuer’s classes of common stock as of the latest practicable date.
Southwest Gas Holdings, Inc. Common Stock, $1 Par Value, 71,476,607 shares as of July 28, 2023.
All of the outstanding shares of common stock ($1 par value) of Southwest Gas Corporation were held by Southwest Gas Holdings, Inc. as of July 28, 2023.
SOUTHWEST GAS CORPORATION MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION (H)(1)(a) and (b) OF FORM 10-Q AND IS THEREFORE FILING THIS REPORT WITH THE REDUCED DISCLOSURE FORMAT AS PERMITTED BY GENERAL INSTRUCTION H(2).


SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

FILING FORMAT
This quarterly report on Form 10-Q is a combined report being filed by two separate registrants: Southwest Gas Holdings, Inc. and Southwest Gas Corporation. Except where the content clearly indicates otherwise, any reference in the report to “we,” “us” or “our” is to the holding company or the consolidated entity of Southwest Gas Holdings, Inc. and all of its subsidiaries, including Southwest Gas Corporation, which is a distinct registrant that is a wholly owned subsidiary of Southwest Gas Holdings, Inc. Information contained herein relating to any individual company is filed by such company on its own behalf. Each company makes representations only as to itself and makes no other representation whatsoever as to any other company.
Part I—Financial information in this Quarterly Report on Form 10-Q includes separate financial statements (i.e., balance sheets, statements of income, statements of comprehensive income, statements of cash flows, and statements of equity) for Southwest Gas Holdings, Inc. and Southwest Gas Corporation, in that order. The Notes to the Condensed Consolidated Financial Statements are presented on a combined basis for both entities. All Items other than Part I – Item 1 are combined for the reporting companies.

2

SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

PART I - FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
SOUTHWEST GAS HOLDINGS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Thousands of dollars, except par value)
(Unaudited)
June 30, 2023December 31, 2022
ASSETS
Regulated operations plant:
Gas plant$9,741,687 $9,453,907 
Less: accumulated depreciation(2,743,845)(2,674,157)
Construction work in progress254,872 244,750 
Net regulated operations plant7,252,714 7,024,500 
Other property and investments, net1,267,762 1,281,172 
Current assets:
Cash and cash equivalents221,367 123,078 
Accounts receivable, net of allowances936,161 866,246 
Accrued utility revenue43,200 88,100 
Income taxes receivable, net6,804 8,738 
Deferred purchased gas costs785,588 450,120 
Prepaid and other current assets220,291 433,850 
Current assets held for sale26,802 1,737,530 
Total current assets2,240,213 3,707,662 
Noncurrent assets:
Goodwill789,617 787,250 
Deferred income taxes99 82 
Deferred charges and other assets400,517 395,948 
Total noncurrent assets1,190,233 1,183,280 
Total assets$11,950,922 $13,196,614 
CAPITALIZATION AND LIABILITIES
Capitalization:
Common stock, $1 par (authorized - 120,000,000 shares; issued and outstanding - 71,473,472 and 67,119,143 shares)
$73,103 $68,749 
         Additional paid-in capital2,534,223 2,287,183 
Accumulated other comprehensive loss, net(41,458)(44,242)
Retained earnings696,958 747,069 
Total equity3,262,826 3,058,759 
Redeemable noncontrolling interests158,180 159,349 
Long-term debt, less current maturities5,284,844 4,403,299 
Total capitalization8,705,850 7,621,407 
Current liabilities:
         Current maturities of long-term debt42,120 44,557 
Short-term debt15,500 1,542,806 
Accounts payable273,950 662,090 
Customer deposits48,414 51,182 
Income taxes payable, net1,322 2,690 
Accrued general taxes62,803 67,094 
Accrued interest38,530 38,556 
Other current liabilities574,769 369,743 
Current liabilities held for sale 644,245 
Total current liabilities1,057,408 3,422,963 
Deferred income taxes and other credits:
Deferred income taxes and investment tax credits, net740,886 682,067 
Accumulated removal costs452,000 445,000 
Other deferred credits and other long-term liabilities994,778 1,025,177 
Total deferred income taxes and other credits2,187,664 2,152,244 
Total capitalization and liabilities$11,950,922 $13,196,614 
The accompanying notes are an integral part of these statements.
3

SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

SOUTHWEST GAS HOLDINGS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share amounts)
(Unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
Twelve Months Ended
June 30,
 202320222023202220232022
Operating revenues:
Regulated operations revenues$487,866 $440,030 $1,437,877 $1,183,562 $2,453,997 $1,890,624 
Utility infrastructure services revenues805,779 706,090 1,459,072 1,229,967 2,989,432 2,496,028 
Total operating revenues1,293,645 1,146,120 2,896,949 2,413,529 5,443,429 4,386,652 
Operating expenses:
Net cost of gas sold231,053 147,860 738,590 446,778 1,090,872 645,168 
Operations and maintenance128,795 175,791 277,703 325,094 589,375 586,717 
Depreciation and amortization111,705 108,010 224,225 230,656 464,024 425,407 
Taxes other than income taxes21,604 22,606 45,834 47,422 91,795 87,740 
Utility infrastructure services expenses715,717 646,193 1,319,397 1,149,425 2,699,290 2,290,638 
Goodwill impairment and loss on sale  71,230  526,655  
Total operating expenses1,208,874 1,100,460 2,676,979 2,199,375 5,462,011 4,035,670 
Operating income (loss)84,771 45,660 219,970 214,154 (18,582)350,982 
Other income and (expenses):
Net interest deductions(69,347)(53,206)(146,681)(101,569)(287,862)(170,864)
Other income (deductions)19,604 (2,835)38,064 (1,591)33,466 (4,227)
Total other income and (expenses)(49,743)(56,041)(108,617)(103,160)(254,396)(175,091)
Income (loss) before income taxes35,028 (10,381)111,353 110,994 (272,978)175,891 
Income tax expense (benefit)4,769 (4,300)33,444 19,825 (62,034)22,839 
Net income (loss)30,259 (6,081)77,909 91,169 (210,944)153,052 
Net income attributable to noncontrolling interests1,381 494 3,120 1,566 7,160 5,082 
Net income (loss) attributable to Southwest Gas Holdings, Inc.$28,878 $(6,575)$74,789 $89,603 $(218,104)$147,970 
Earnings (loss) per share:
Basic $0.40 $(0.10)$1.07 $1.40 $(3.18)$2.39 
Diluted $0.40 $(0.10)$1.07 $1.40 $(3.18)$2.38 
Weighted average shares:
Basic 71,536 67,045 69,901 63,909 68,542 62,022 
Diluted 71,722 67,045 70,072 64,041 68,542 62,157 
The accompanying notes are an integral part of these statements.

4

SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

SOUTHWEST GAS HOLDINGS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Thousands of dollars)
(Unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
Twelve Months Ended
June 30,
 202320222023202220232022
Net income (loss)$30,259 $(6,081)$77,909 $91,169 $(210,944)$153,052 
Other comprehensive income (loss), net of tax
Defined benefit pension plans:
Net actuarial gain    3,099 44,974 
Amortization of prior service cost33 33 66 66 133 431 
Amortization of net actuarial loss254 6,615 507 13,231 13,737 30,179 
Regulatory adjustment(90)(5,524)(180)(11,047)(10,590)(63,520)
Net defined benefit pension plans197 1,124 393 2,250 6,379 12,064 
Forward-starting interest rate swaps (“FSIRS”):
Amounts reclassified into net income    416  1,241 
Net forward-starting interest rate swaps   416  1,241 
Foreign currency translation adjustments2,294 (2,680)2,391 (1,433)(2,309)(3,145)
Total other comprehensive income, net of tax2,491 (1,556)2,784 1,233 4,070 10,160 
Comprehensive income (loss)32,750 (7,637)80,693 92,402 (206,874)163,212 
Comprehensive income attributable to noncontrolling interests1,381 494 3,120 1,566 7,160 5,082 
Comprehensive income (loss) attributable to Southwest Gas Holdings, Inc.$31,369 $(8,131)$77,573 $90,836 $(214,034)$158,130 
The accompanying notes are an integral part of these statements.

5

SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

SOUTHWEST GAS HOLDINGS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Thousands of dollars)
(Unaudited)
Six Months Ended
June 30,
Twelve Months Ended
June 30,
 2023202220232022
CASH FLOW FROM OPERATING ACTIVITIES:
Net income (loss)$77,909 $91,169 $(210,944)$153,052 
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization224,225 230,656 464,024 425,407 
Impairment of assets and other charges71,230  526,655  
Deferred income taxes44,186 30,163 (58,025)47,197 
Gains on sale of property and equipment(1,835)(3,475)(6,225)(6,348)
Changes in undistributed stock compensation5,696 7,036 8,106 10,594 
Equity AFUDC(82)(575)28 (575)
Changes in current assets and liabilities:
Accounts receivable, net of allowances(71,206)(42,212)(222,769)(103,771)
Accrued utility revenue44,900 44,900 (3,200)(1,500)
Deferred purchased gas costs(350,473)(64,176)(433,512)(120,217)
Accounts payable(349,451)(33,356)(22,186)58,145 
Accrued taxes(1,913)(5,023)21,039 (8,584)
Other current assets and liabilities368,464 16,480 144,131 (40,801)
Changes in deferred charges and other assets(17,034)13,736 (13,884)11,366 
Changes in other liabilities and deferred credits(32,430)(21,705)(37,210)(50,321)
Net cash provided by operating activities12,186 263,618 156,028 373,644 
CASH FLOW FROM INVESTING ACTIVITIES:
Construction expenditures and property additions(438,735)(367,932)(930,224)(745,509)
Acquisition of businesses, net of cash acquired (18,809) (2,373,069)
Proceeds from the sale of business, net of cash sold1,050,878  1,050,878  
Changes in customer advances(8,296)17,051 (3,841)25,518 
Other3,586 3,905 17,503 13,002 
Net cash provided by (used in) investing activities607,433 (365,785)134,316 (3,080,058)
CASH FLOW FROM FINANCING ACTIVITIES:
Issuance of common stock, net246,727 456,280 252,275 548,619 
Centuri distribution to redeemable noncontrolling interest(39,894)(39,649)(39,894)(39,649)
Dividends paid(85,916)(77,419)(169,060)(148,511)
Issuance of long-term debt, net1,027,036 759,602 1,335,239 2,338,053 
Retirement of long-term debt(102,334)(412,263)(189,985)(804,427)
Change in long-term credit facility and commercial paper(50,000)(130,000) (150,000)
Issuance of short-term debt450,000  450,000 1,850,000 
Other changes in short-term debt(1,979,747)(446,253)(1,899,687)(705,253)
Withholding remittance - share-based compensation(1,707)(2,089)(2,280)(2,110)
Other, including principal payments on finance leases(9,596)(12,811)(20,957)(11,917)
Net cash provided by (used in) financing activities(545,431)95,398 (284,349)2,874,805 
Effects of currency translation on cash and cash equivalents298 35 (591)7 
Change in cash and cash equivalents74,486 (6,734)5,404 168,398 
Cash and cash equivalents included in current assets held for sale at beginning of period23,803    
Cash and cash equivalents at beginning of period123,078 222,697 215,963 47,565 
Cash and cash equivalents at end of period$221,367 $215,963 $221,367 $215,963 
SUPPLEMENTAL INFORMATION:
Interest paid, net of amounts capitalized$136,174 $92,297 $263,702 $149,174 
Income taxes paid, net$4,059 $8,300 $7,760 $5,849 
The accompanying notes are an integral part of these statements.
6

SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

SOUTHWEST GAS HOLDINGS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
(In thousands, except per share amounts)
(Unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
Common stock shares
Beginning balances71,331 66,849 67,119 60,422 
Common stock issuances142 155 4,354 6,582 
Ending balances71,473 67,004 71,473 67,004 
Common stock amount
Beginning balances$72,961 $68,479 $68,749 $62,052 
Common stock issuances142 155 4,354 6,582 
Ending balances73,103 68,634 73,103 68,634 
Additional paid-in capital
Beginning balances2,524,631 2,273,837 2,287,183 1,824,216 
Common stock issuances9,592 5,656 247,040 455,277 
Ending balances2,534,223 2,279,493 2,534,223 2,279,493 
Accumulated other comprehensive loss
Beginning balances(43,949)(43,972)(44,242)(46,761)
Foreign currency exchange translation adjustment2,294 (2,680)2,391 (1,433)
Net actuarial gain arising during period, less amortization of unamortized benefit plan cost, net of tax
197 1,124 393 2,250 
FSIRS amounts reclassified to net income, net of tax   416 
Ending balances(41,458)(45,528)(41,458)(45,528)
Retained earnings
Beginning balances742,513 1,190,738 747,069 1,114,313 
Net income (loss)28,878 (6,575)74,789 89,603 
Dividends declared(44,660)(41,732)(89,295)(83,641)
Redemption value adjustments(29,773)13,822 (35,605)35,978 
Ending balances696,958 1,156,253 696,958 1,156,253 
Total equity ending balances$3,262,826 $3,458,852 $3,262,826 $3,458,852 
Dividends declared per common share$0.62 $0.62 $1.24 $1.24 
The accompanying notes are an integral part of these statements.
7

SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

SOUTHWEST GAS CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Thousands of dollars)
(Unaudited)
June 30, 2023December 31, 2022
ASSETS
Regulated operations plant:
Gas plant$9,741,687 $9,453,907 
Less: accumulated depreciation(2,743,845)(2,674,157)
Construction work in progress254,872 244,750 
Net regulated operations plant7,252,714 7,024,500 
Other property and investments, net148,964 169,397 
Current assets:
Cash and cash equivalents192,952 51,823 
Accounts receivable, net of allowance173,202 234,081 
Accrued utility revenue43,200 88,100 
Income taxes receivable, net126 103 
Deferred purchased gas costs785,588 450,120 
Receivable from parent 2,130 
Prepaid and other current assets176,615 401,789 
Current assets held for sale26,802  
Total current assets1,398,485 1,228,146 
Noncurrent assets:
Goodwill11,155 11,155 
Deferred charges and other assets377,123 370,483 
Total noncurrent assets388,278 381,638 
Total assets$9,188,441 $8,803,681 
CAPITALIZATION AND LIABILITIES
Capitalization:
Common stock$49,112 $49,112 
         Additional paid-in capital2,156,026 1,622,969 
Accumulated other comprehensive loss, net(37,868)(38,261)
Retained earnings1,009,608 935,355 
Total equity3,176,878 2,569,175 
Long-term debt, less current maturities3,499,819 3,251,296 
Total capitalization6,676,697 5,820,471 
Current liabilities:
Short-term debt 225,000 
Accounts payable118,285 497,046 
Customer deposits48,414 51,182 
Accrued general taxes62,803 67,094 
Accrued interest34,634 29,569 
Payable to parent2,617  
Other current liabilities276,005 150,817 
Total current liabilities542,758 1,020,708 
Deferred income taxes and other credits:
Deferred income taxes and investment tax credits, net727,741 683,948 
Accumulated removal costs452,000 445,000 
Other deferred credits and other long-term liabilities789,245 833,554 
Total deferred income taxes and other credits1,968,986 1,962,502 
Total capitalization and liabilities$9,188,441 $8,803,681 
The accompanying notes are an integral part of these statements.
8

SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

SOUTHWEST GAS CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Thousands of dollars)
(Unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
Twelve Months Ended
June 30,
 202320222023202220232022
Regulated operations revenues$487,866 $377,942 $1,402,745 $1,054,481 $2,283,333 $1,761,543 
Operating expenses:
Net cost of gas sold231,053 146,654 732,222 443,775 1,077,663 642,165 
Operations and maintenance124,731 127,811 255,919 247,447 500,400 476,725 
Depreciation and amortization74,845 55,930 149,495 128,044 284,494 255,113 
Taxes other than income taxes21,604 20,098 44,344 41,750 85,791 82,068 
Total operating expenses452,233 350,493 1,181,980 861,016 1,948,348 1,456,071 
Operating income35,633 27,449 220,765 193,465 334,985 305,472 
Other income and (expenses):
Net interest deductions(37,104)(28,633)(75,726)(55,243)(136,363)(106,462)
Other income (deductions)18,742 (3,433)37,185 (2,118)32,419 (6,062)
Total other income and (expenses)(18,362)(32,066)(38,541)(57,361)(103,944)(112,524)
Income (loss) before income taxes17,271 (4,617)182,224 136,104 231,041 192,948 
Income tax expense (benefit)(1,849)(2,351)28,408 26,575 32,374 26,412 
Net income (loss)$19,120 $(2,266)$153,816 $109,529 $198,667 $166,536 
The accompanying notes are an integral part of these statements.

9

SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

SOUTHWEST GAS CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Thousands of dollars)
(Unaudited)
Three Months Ended
June 30,
Six Months Ended
June 30,
Twelve Months Ended
June 30,
 202320222023202220232022
Net income (loss)$19,120 $(2,266)$153,816 $109,529 $198,667 $166,536 
Other comprehensive income, net of tax
Defined benefit pension plans:
Net actuarial gain     3,099 44,974 
Amortization of prior service cost33 33 66 66 133 431 
Amortization of net actuarial loss254 6,615 507 13,231 13,737 30,179 
Regulatory adjustment(90)(5,524)(180)(11,047)(10,590)(63,520)
Net defined benefit pension plans197 1,124 393 2,250 6,379 12,064 
Forward-starting interest rate swaps (“FSIRS”):
Amounts reclassified into net income (loss)   416  1,241 
Net forward-starting interest rate swaps   416  1,241 
Total other comprehensive income, net of tax197 1,124 393 2,666 6,379 13,305 
Comprehensive income (loss)$19,317 $(1,142)$154,209 $112,195 $205,046 $179,841 
The accompanying notes are an integral part of these statements.

10

SOUTHWEST GAS HOLDINGS, INC.  Form 10-Q
SOUTHWEST GAS CORPORATION  June 30, 2023

SOUTHWEST GAS CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Thousands of dollars)
(Unaudited)
Six Months Ended
June 30,
Twelve Months Ended
June 30,
 2023202220232022
CASH FLOW FROM OPERATING ACTIVITIES:
Net income$153,816 $109,529 $198,667 $166,536 
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization149,495 128,044 284,494 255,113 
Deferred income taxes43,668 36,624 49,431 51,683 
Gain on sale of property (1,503) (1,503)
Changes in undistributed stock compensation4,188 4,459 5,505 6,692 
Equity AFUDC (157)157 (157)
Changes in current assets and liabilities:
Accounts receivable, net of allowance60,879 27,846 (31,381)(22,978)
Accrued utility revenue44,900 44,900 (3,200)(1,500)
Deferred purchased gas costs(335,469)(63,426)(431,018)(119,467)
Accounts payable(349,060)(72,201)(33,583)42,081 
Accrued taxes(4,314)(181)17,621 5,171 
Other current assets and liabilities349,295 46,730 113,828 (28,090)
Changes in deferred charges and other assets (33,384)2,529 (37,607)(8,674)
Changes in other liabilities and deferred credits(31,843)(22,230)(37,303)(49,307)
Net cash provided by operating activities52,171 240,963 95,611 295,600 
CASH FLOW FROM INVESTING ACTIVITIES:
Construction expenditures and property additions(381,193)(293,197)(771,127)(619,071)
Changes in customer advances(8,297)17,051 (3,842)25,517 
Other278 (896)8,091 (934)
Net cash used in investing activities(389,212)(277,042)(766,878)(594,488)
CASH FLOW FROM FINANCING ACTIVITIES:
Contributions from parent530,000  530,000 86,942 
Dividends paid(71,600)(60,200)(133,600)(118,100)
Issuance of long-term debt, net297,759 593,862 595,560 891,180 
Retirement of long-term debt (275,000) (275,000)
Change in long-term credit facility and commercial paper(50,000)(130,000)