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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING ACTIVITIES    
Net Income $ 802.2 $ 1,005.7
Adjustments to Reconcile Net Income to Net Cash Flows from Operating Activities:    
Depreciation and Amortization 833.4 787.1
Deferred Income Taxes 165.2 (113.3)
Allowance for Equity Funds Used During Construction (57.3) (43.6)
Mark-to-Market of Risk Management Contracts (14.8) 40.9
Property Taxes (88.4) (89.2)
Deferred Fuel Over/Under-Recovery, Net (74.5) 43.4
Change in Other Noncurrent Assets (130.9) (74.5)
Change in Other Noncurrent Liabilities 141.5 61.8
Changes in Certain Components of Working Capital:    
Accounts Receivable, Net (1.5) 34.9
Fuel, Materials and Supplies 138.6 104.3
Accounts Payable 6.2 (99.5)
Accrued Taxes, Net (153.4) (57.7)
Other Current Assets (23.6) (91.3)
Other Current Liabilities (92.7) (66.8)
Net Cash Flows from Operating Activities 1,450.0 1,442.2
INVESTING ACTIVITIES    
Construction Expenditures (2,100.2) (1,761.7)
Purchases of Investment Securities (602.7) (590.0)
Sales of Investment Securities 586.5 572.5
Acquisitions of Nuclear Fuel (35.8) (33.7)
Proceeds from Sale of Equity Method Investment 0.0 114.0
Other Investing Activities 50.2 29.6
Net Cash Flows Used for Investing Activities (2,102.0) (1,669.3)
FINANCING ACTIVITIES    
Issuance of Common Stock 75.4 40.6
Issuance of Long-term Debt 561.6 859.9
Issuance of Short-term Debt with Original Maturities greater than 90 Days 319.9 376.6
Change in Short-term Debt with Original Maturities less than 90 Days, Net 752.4 840.9
Retirement of Long-term Debt (229.1) (1,162.2)
Redemption of Short-term Debt with Original Maturities Greater than 90 Days (250.0) (310.1)
Principal Payments for Finance Lease Obligations (12.5) (17.0)
Dividends Paid on Common Stock (501.0) (466.9)
Other Financing Activities (18.7) (31.9)
Net Cash Flows from Financing Activities 698.0 129.9
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 46.0 (97.2)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 246.0 379.0
Cash, Cash Equivalents and Restricted Cash at End of Period 292.0 281.8
SUPPLEMENTARY INFORMATION    
Cash Paid for Interest, Net of Capitalized Amounts 350.2 368.3
Net Cash Paid for Income Taxes 7.1 16.1
Cash Paid (Received) for Transferable Tax Credits (17.2) (62.0)
Noncash Acquisitions Under Finance Leases 7.9 7.0
Construction Expenditures Included in Current Liabilities as of March 31, $ 1,040.9 $ 837.0