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Unaudited Condensed Consolidated Statements Of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATIONS:    
Net income $ 89,725,000 $ 62,552,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 248,846,000 212,292,000
Amortization of deferred financing costs and debt discounts 2,735,000 2,889,000
Deferred income taxes and investment tax credit adjustments - net 8,072,000 32,735,000
Allowance for equity funds used during construction (3,585,000) (7,089,000)
Gain (Loss) on Disposition of Intangible Assets 1,422,000 0
Change in certain assets and liabilities:    
Accounts receivable (69,259,000) 32,200,000
Inventories 16,845,000 (30,264,000)
Accounts payable (52,219,000) (28,669,000)
Accrued and other current liabilities (11,292,000) 2,137,000
Accrued taxes payable/receivable 26,944,000 (20,103,000)
Accrued interest 50,174,000 11,325,000
Pension and other postretirement benefit assets and liabilities 1,840,000 1,390,000
Current and non-current regulatory assets and liabilities (119,289,000) 100,822,000
Prepayments and other current assets (819,000) 9,728,000
Increase (Decrease) in Other Noncurrent Liabilities 5,173,000 (9,226,000)
Other - net (5,707,000) (6,176,000)
Net cash provided by operating activities 191,244,000 347,087,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (727,152,000) (453,671,000)
Project development costs (3,164,000) (4,589,000)
Payments to Acquire Businesses, Net of Cash Acquired (48,368,000) 0
Cost of removal payments (26,080,000) (36,749,000)
Net cash used in investing activities (804,764,000) (534,759,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facilities 570,000,000 75,000,000
Repayments under revolving credit facilities (675,000,000) 0
Borrowings under revolving credit facilities 300,000,000 0
Other Short-Term Borrowings 92,000,000 0
Short-term borrowings from affiliate 1,050,000,000 0
Repayments of Short-term Debt (392,000,000) 0
Retirement of long-term borrowings (405,000,000) 0
Distributions to shareholders 110,146,000 66,941,000
Proceeds from Contributions from Parent 150,000,000 0
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders (2,459,000) 0
Noncontrolling Interest, Increase from Sale of Parent Equity Interest (46,935,000) 0
Payments for financing fees (14,173,000) (85,000)
Proceeds received from termination of interest rate swaps 23,114,000 0
Payments of Financing Costs (22,000) (313,000)
Net cash provided by financing activities 633,249,000 7,661,000
Net change in cash, cash equivalents and restricted cash 19,729,000 (180,011,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 48,313,000 21,542,000
Cash paid during the period for:    
Interest (net of amount capitalized) 78,842,000 82,541,000
Non-cash investing activities:    
Capital Expenditures Incurred but Not yet Paid 162,662,000 106,674,000
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability 72,066,000 983,000
Change in Right-of-Use Asset Lease Liability (69,089,000) (1,408,000)
Proceeds from Insurance Settlement, Investing Activities 0 4,900,000
Payments to Acquire Intangible Assets $ 0 $ (44,650,000)