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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating activities    
Net income $ 456,385 $ 433,427
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 509,914 507,658
Conservation and demand side management program amortization 3,131 3,425
Nuclear fuel amortization 60,466 49,485
Deferred income taxes 236,479 235,684
Amortization of investment tax credits (2,886) (3,314)
Allowance for equity funds used during construction (45,515) (41,863)
Equity earnings of unconsolidated subsidiaries (15,249) (15,106)
Dividends from unconsolidated subsidiaries 18,114 18,683
Share-based compensation expense 10,990 18,747
Net realized and unrealized hedging and derivative transactions (2,403) (2,754)
Changes in operating assets and liabilities:    
Accounts receivable 1,406 (78,940)
Accrued unbilled revenues 77,557 37,069
Inventories 75,268 40,684
Other current assets (32,157) 29,700
Accounts payable (147,734) 1,625
Net regulatory assets and liabilities 63,675 76,693
Other current liabilities (129,981) (83,336)
Pension and other employee benefit obligations (115,455) (170,162)
Change in other noncurrent assets 47,855 16,983
Change in other noncurrent liabilities (30,349) (163)
Net cash provided by operating activities 1,039,511 1,074,225
Investing activities    
Utility capital/construction expenditures (1,575,748) (1,596,778)
Proceeds from insurance recoveries 6,000 50,000
Allowance for equity funds used during construction 45,515 41,863
Purchases of investments in external decommissioning fund (404,780) (890,700)
Proceeds from the sale of investments in external decommissioning fund 401,488 887,500
Investment in WYCO Development LLC (2,132) (2,166)
Other, net (1,568) (1,696)
Net cash used in investing activities (1,531,225) (1,511,977)
Financing activities    
Proceeds from (repayments of) short-term borrowings, net 18,800 (248,000)
Proceeds from issuance of long-term debt 838,582 1,337,045
Repayments of long-term debt, including reacquisition premiums (275,484) (651,516)
Proceeds from issuance of common stock 176,573 227,113
Dividends paid (274,361) (250,392)
Net cash provided by financing activities 484,110 414,250
Net change in cash and cash equivalents (7,604) (23,502)
Cash and cash equivalents at beginning of period 107,144 82,323
Cash and cash equivalents at end of period 99,540 58,821
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (251,461) (258,124)
Cash (paid) received for income taxes, net (4,704) 13,681
Supplemental disclosure of non-cash investing and financing transactions:    
Property, plant and equipment additions in accounts payable 305,447 302,434
Issuance of common stock for reinvested dividends and 401(k) plans $ 29,272 $ 37,504