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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities    
Net income $ 136,580 $ 123,920
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation of property, plant and equipment 129,574 120,355
Other amortization 5,454 2,352
Provision for loan losses 3,566 953
Loans receivable originated and purchased, held for sale (102,523) (199,772)
Proceeds from sale of loans receivable, held for sale 106,918 223,221
Gain on sale of credit card portfolio 0 (2,251)
Increase in deferred income taxes 48,900 60,580
Excess tax benefits from share-based payment arrangements (271) (469)
Allowance for equity funds used during construction (4,933) (4,030)
Change in cash overdraft (1,038) 0
Changes in assets and liabilities    
Decrease (increase) in accounts receivable and unbilled revenues, net (18,943) 12,740
Decrease in fuel oil stock 15,784 24,332
Increase in regulatory assets (17,531) (53,314)
Decrease in accounts, interest and dividends payable (75,812) (21,708)
Change in prepaid and accrued income taxes and utility revenue taxes (2,044) (19,212)
Decrease in defined benefit pension and other postretirement benefit plans liability (2,594) (509)
Change in other assets and liabilities (47,677) (20,462)
Net cash provided by operating activities 173,410 246,726
Cash flows from investing activities    
Available-for-sale investment and mortgage-related securities purchased (130,578) (39,721)
Principal repayments on available-for-sale investment and mortgage-related securities 52,678 84,487
Proceeds from sale of available-for-sale investment securities 79,564 71,367
Redemption of stock from Federal Home Loan Bank of Seattle 17,482 2,609
Net increase in loans held for investment (184,766) (293,996)
Proceeds from sale of real estate acquired in settlement of loans 2,930 8,777
Capital expenditures (236,003) (247,392)
Contributions in aid of construction 21,740 23,633
Proceeds from sale of credit card portfolio 0 26,386
Other (39) 426
Net cash used in investing activities (376,992) (363,424)
Cash flows from financing activities    
Net increase in deposit liabilities 161,320 80,926
Net increase in short-term borrowings with original maturities of three months or less 45,094 47,648
Net decrease in retail repurchase agreements (6,306) (6,314)
Proceeds from other bank borrowings 90,000 120,000
Repayments of other bank borrowings (65,000) (70,000)
Proceeds from issuance of long-term debt 125,000 50,000
Repayment of long-term debt (100,000) (50,000)
Excess tax benefits from share-based payment arrangements 271 469
Net proceeds from issuance of common stock 26,910 18,383
Common stock dividends (94,674) (73,584)
Preferred stock dividends of subsidiaries (1,417) (1,417)
Other (5,097) (4,033)
Net cash provided by financing activities 176,101 112,078
Net decrease in cash and cash equivalents (27,481) (4,620)
Cash and cash equivalents, beginning of period 220,036 219,662
Cash and cash equivalents, end of period $ 192,555 $ 215,042