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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:    
Net income $ 576.0 $ 618.9
Adjustments to reconcile income to net cash from operating activities:    
Depreciation and amortization 658.1 645.1
Amortization of nuclear fuel 43.8 42.6
Amortization of deferred refueling outage 19.1 19.4
Amortization of corporate-owned life insurance 14.8 16.5
Non-cash compensation 12.1 12.9
Net deferred income taxes and credits 136.5 111.4
Allowance for equity funds used during construction (9.9) (0.9)
Payments for asset retirement obligations (11.0) (11.6)
Equity in earnings of equity method investees, net of income taxes (6.1) (7.9)
Income from corporate-owned life insurance (6.8) (19.5)
Other 0.7 (3.6)
Changes in working capital items:    
Accounts receivable (68.6) (68.4)
Accounts receivable pledged as collateral (56.0) (30.0)
Fuel inventory and supplies (30.0) 57.0
Prepaid expenses and other current assets 20.9 65.7
Accounts payable (87.5) (111.5)
Accrued taxes 192.3 155.3
Other current liabilities (43.9) (77.7)
Changes in other assets 88.4 56.1
Changes in other liabilities (21.2) (22.5)
Cash Flows from Operating Activities 1,421.7 1,447.3
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:    
Additions to property, plant and equipment (1,058.1) (849.1)
Purchase of securities - trusts (50.3) (37.4)
Sale of securities - trusts 44.2 32.3
Investment in corporate-owned life insurance (16.4) (17.2)
Proceeds from investment in corporate-owned life insurance 60.6 99.1
Other investing activities (9.9) 0.2
Cash Flows used in Investing Activities (1,029.9) (772.1)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:    
Short-term debt, net (361.9) (378.0)
Proceeds from term loan facility 0.0 1,000.0
Repayment of term loan facility 0.0 (1,000.0)
Collateralized short-term borrowings, net 56.0 30.0
Proceeds from long-term debt 889.3 2,374.0
Retirements of long-term debt (251.1) (701.1)
Retirements of long-term debt of variable interest entities (32.3) (30.3)
Payment for settlement of interest rate swap accounted for as a cash flow hedge 0.0 (69.8)
Borrowings against cash surrender value of corporate-owned life insurance 54.5 57.2
Repayment of borrowings against cash surrender value of corporate-owned life insurance (52.5) (77.4)
Cash dividends paid (343.6) (347.5)
Repurchase of common stock under repurchase plan 0.0 (1,628.7)
Distributions to shareholders of noncontrolling interests 0.0 (8.5)
Other financing activities (11.8) (5.3)
Cash Flows used in Financing Activities (53.4) (785.4)
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 338.4 (110.2)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Beginning of period 23.2 160.3
End of period $ 361.6 $ 50.1