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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities    
Net income $ 824,967 $ 798,179
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 769,706 740,623
Conservation and demand side management program amortization 4,582 5,024
Nuclear fuel amortization 92,278 76,447
Deferred income taxes 433,224 409,662
Amortization of investment tax credits (4,329) (4,973)
Allowance for equity funds used during construction (68,852) (63,147)
Equity earnings of unconsolidated subsidiaries (22,650) (22,379)
Dividends from unconsolidated subsidiaries 27,130 27,503
Share-based compensation expense 16,536 28,362
Net realized and unrealized hedging and derivative transactions (1,354) (12,011)
Changes in operating assets and liabilities:    
Accounts receivable (16,080) (108,488)
Accrued unbilled revenues 112,406 87,652
Inventories (57,677) (69,918)
Other current assets (25,901) 6,060
Accounts payable (155,788) (3,297)
Net regulatory assets and liabilities 162,134 100,648
Other current liabilities 14,683 129,984
Pension and other employee benefit obligations (111,463) (159,592)
Change in other noncurrent assets 44,009 26,537
Change in other noncurrent liabilities (33,220) 10,032
Net cash provided by operating activities 2,004,341 2,002,908
Investing activities    
Utility capital/construction expenditures (2,301,339) (2,454,198)
Proceeds from insurance recoveries 6,000 90,000
Allowance for equity funds used during construction 68,852 63,147
Purchases of investments in external decommissioning fund (499,493) (1,177,398)
Proceeds from the sale of investments in external decommissioning fund 494,554 1,172,597
Investment in WYCO Development LLC (2,220) (3,418)
Other, net (1,110) (1,524)
Net cash used in investing activities (2,234,756) (2,310,794)
Financing activities    
Repayments of short-term borrowings, net (62,000) (300,000)
Proceeds from issuance of long-term debt 837,794 1,434,989
Repayments of long-term debt, including reacquisition premiums (275,708) (654,864)
Proceeds from issuance of common stock 178,639 229,420
Dividends paid (417,586) (382,148)
Net cash provided by financing activities 261,139 327,397
Net change in cash and cash equivalents 30,724 19,511
Cash and cash equivalents at beginning of period 107,144 82,323
Cash and cash equivalents at end of period 137,868 101,834
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (407,186) (411,130)
Cash (paid) received for income taxes, net (4,950) 16,851
Supplemental disclosure of non-cash investing and financing transactions:    
Property, plant and equipment additions in accounts payable 407,706 299,209
Issuance of common stock for reinvested dividends and 401(k) plans $ 42,772 $ 54,963