XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities    
Net income $ 64.4 $ 84.7
Adjustments to reconcile net income to net cash flow provided from operating activities:    
Depreciation 103.6 101.2
Deferred income tax expense (benefit) 3.8 (15.8)
Changes in assets and liabilities:    
Receivables, less allowances 183.4 224.0
Gas in storage 104.7 83.8
Deferred/accrued gas costs 9.5 37.0
Derivative instruments (16.5) 8.8
Margin accounts - derivative instruments 22.3 (1.2)
Other assets (6.1) 27.4
Accounts payable (20.7) (60.0)
Customer credit balances and deposits (26.9) (40.2)
Temporary LIFO inventory liquidation 88.6 87.7
Other liabilities 10.3 (12.3)
Other items (1.2) 0.7
Net cash flow provided from operating activities 519.2 525.8
Investing activities    
Additions to property, plant & equipment (117.9) (97.3)
Purchases of held-to-maturity securities 0 (8.0)
Net decrease in other short-term investments 20.0 11.0
Other investing activities (2.9) (1.1)
Net cash flow used for investing activities (100.8) (95.4)
Financing activities    
Proceeds from issuing long-term debt 75.0 0
Disbursements to retire long-term debt (75.0) 0
Net repayments of commercial paper (359.0) (387.0)
Debt issuance costs (1.5) (5.8)
Dividends paid (42.7) (42.4)
Repurchases of common stock (7.7) (0.2)
Proceeds from exercise of stock options 3.8 8.5
Other financing activities 0.1 0.6
Net cash flow used for financing activities (407.0) (426.3)
Net increase in cash and cash equivalents 11.4 4.1
Cash and cash equivalents, beginning of period 31.5 55.7
Cash and cash equivalents, end of period $ 42.9 $ 59.8