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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating activities    
Net income $ 183,893 $ 203,569
Remove income from discontinued operations (124) (102)
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 233,097 229,217
Conservation and demand side management program amortization 1,882 3,024
Nuclear fuel amortization 26,000 25,551
Deferred income taxes 167,426 114,852
Amortization of investment tax credits (1,552) (1,580)
Allowance for equity funds used during construction (13,450) (13,244)
Equity earnings of unconsolidated subsidiaries (7,158) (7,713)
Dividends from unconsolidated subsidiaries 8,028 8,454
Share-based compensation expense 3,883 9,895
Net derivative losses 7,133 14,495
Changes in operating assets and liabilities:    
Accounts receivable (52,643) (46,947)
Accrued unbilled revenues 197,330 157,996
Inventories 143,873 118,595
Other current assets (71,547) 43,551
Accounts payable (202,649) (72,424)
Net regulatory assets and liabilities 61,872 17,853
Other current liabilities 17,711 5,491
Pension and other employee benefit obligations (180,030) (134,004)
Change in other noncurrent assets (38,806) 10,520
Change in other noncurrent liabilities (6,686) (27,606)
Net cash provided by operating activities 477,483 659,443
Investing activities    
Utility capital/construction expenditures (497,218) (540,339)
Allowance for equity funds used during construction 13,450 13,244
Merricourt deposit 0 (90,833)
Purchase of investments in external decommissioning fund (213,618) (699,156)
Proceeds from the sale of investments in external decommissioning fund 213,618 699,156
Investment in WYCO Development LLC (172) (901)
Change in restricted cash 86,232 26
Other, net (1,304) (5,545)
Net cash used in investing activities (399,012) (624,348)
Financing activities    
Proceeds from short-term borrowings, net 120,000 65,100
Proceeds from issuance of long-term debt 745 0
Repayments of long-term debt, including reacquisition premiums (758) (551)
Proceeds from issuance of common stock 1,598 1,878
Repurchase of common stock (18,529) 0
Purchase of common stock for settlement of equity awards (23,307) 0
Dividends paid (119,162) (115,621)
Net cash used in financing activities (39,413) (49,194)
Net change in cash and cash equivalents 39,058 (14,099)
Cash and cash equivalents at beginning of period 60,684 108,437
Cash and cash equivalents at end of period 99,742 94,338
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (156,275) (150,473)
Cash (paid) received for income taxes, net (1,173) 59,051
Supplemental disclosure of non-cash investing and financing transactions:    
Property, plant and equipment additions in accounts payable 224,316 116,145
Issuance of common stock for reinvested dividends and 401(k) plans $ 18,815 $ 20,419