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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities    
Net income $ 366,953 $ 362,331
Remove income from discontinued operations (109) (193)
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 464,117 463,013
Conservation and demand side management program amortization 3,765 6,078
Nuclear fuel amortization 49,765 43,732
Deferred income taxes 278,358 197,637
Amortization of investment tax credits (3,104) (3,160)
Allowance for equity funds used during construction (28,644) (26,850)
Equity earnings of unconsolidated subsidiaries (14,660) (15,390)
Dividends from unconsolidated subsidiaries 8,028 16,931
Share-based compensation expense 17,249 20,299
Net derivative losses 7,325 16,802
Changes in operating assets and liabilities:    
Accounts receivable (928) 38,914
Accrued unbilled revenues 139,012 117,836
Inventories 145,095 76,028
Other current assets (61,291) 52,397
Accounts payable (177,076) 32,116
Net regulatory assets and liabilities 12,912 (41,888)
Other current liabilities (117,653) (78,110)
Pension and other employee benefit obligations (168,898) (131,892)
Change in other noncurrent assets (40,893) 13,119
Change in other noncurrent liabilities (14,027) (36,634)
Net cash provided by operating activities 865,296 1,123,116
Investing activities    
Utility capital/construction expenditures (1,103,562) (1,122,269)
Proceeds from insurance recoveries 24,000 0
Merricourt refund 0 101,261
Merricourt deposit 0 (90,833)
Allowance for equity funds used during construction 28,644 26,850
Purchases of investments in external decommissioning fund (371,361) (1,226,504)
Proceeds from the sale of investments in external decommissioning fund 371,361 1,226,491
Investment in WYCO Development LLC (379) (961)
Change in restricted cash 94,959 46
Other, net (24) (3,964)
Net cash used in investing activities (956,362) (1,089,883)
Financing activities    
Proceeds from short-term borrowings, net 262,000 189,600
Proceeds from issuance of long-term debt 111,015 0
Repayments of long-term debt, including reacquisition premiums (2,455) (1,741)
Proceeds from issuance of common stock 3,698 3,789
Repurchase of common stock (18,529) 0
Purchase of common stock for settlement of equity awards (23,307) 0
Dividends paid (238,510) (231,715)
Net cash provided by (used in) financing activities 93,912 (40,067)
Net change in cash and cash equivalents 2,846 (6,834)
Cash and cash equivalents at beginning of period 60,684 108,437
Cash and cash equivalents at end of period 63,530 101,603
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (281,266) (266,559)
Cash (paid) received for income taxes, net (5,875) 54,993
Supplemental disclosure of non-cash investing and financing transactions:    
Property, plant and equipment additions in accounts payable 274,350 120,558
Issuance of common stock for reinvested dividends and 401(k) plans $ 35,543 $ 37,680