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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating activities    
Net income $ 236,570 $ 183,893
Remove loss (income) from discontinued operations 18 (124)
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 253,004 233,097
Conservation and demand side management program amortization 1,712 1,882
Nuclear fuel amortization 27,522 26,000
Deferred income taxes 130,662 167,426
Amortization of investment tax credits (1,657) (1,552)
Allowance for equity funds used during construction (19,754) (13,450)
Equity earnings of unconsolidated subsidiaries (7,577) (7,158)
Dividends from unconsolidated subsidiaries 9,539 8,028
Share-based compensation expense 8,167 3,883
Net realized and unrealized hedging and derivative transactions 217 7,133
Changes in operating assets and liabilities:    
Accounts receivable (72,205) (52,643)
Accrued unbilled revenues 76,602 197,330
Inventories 87,865 143,873
Other current assets (51,203) (71,547)
Accounts payable 5,311 (202,649)
Net regulatory assets and liabilities 88,572 61,872
Other current liabilities 20,318 17,711
Pension and other employee benefit obligations (181,091) (180,030)
Change in other noncurrent assets 24,576 (38,806)
Change in other noncurrent liabilities 5,160 (6,686)
Net cash provided by operating activities 642,328 477,483
Investing activities    
Utility capital/construction expenditures (752,251) (497,218)
Proceeds from insurance recoveries 23,500 0
Allowance for equity funds used during construction 19,754 13,450
Purchases of investments in external decommissioning fund (586,239) (213,618)
Proceeds from the sale of investments in external decommissioning fund 584,948 213,618
Investment in WYCO Development LLC (231) (172)
Change in restricted cash 0 86,232
Other, net (2,745) (1,304)
Net cash used in investing activities (713,264) (399,012)
Financing activities    
(Repayments of) proceeds from short-term borrowings, net (177,000) 120,000
Proceeds from issuance of long-term debt 494,282 745
Repayments of long-term debt, including reacquisition premiums (251,367) (758)
Proceeds from issuance of common stock 160,084 1,598
Repurchase of common stock 0 (18,529)
Purchase of common stock for settlement of equity awards 0 (23,307)
Dividends paid (124,426) (119,162)
Net cash provided by (used in) financing activities 101,573 (39,413)
Net change in cash and cash equivalents 30,637 39,058
Cash and cash equivalents at beginning of period 82,323 60,684
Cash and cash equivalents at end of period 112,960 99,742
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (153,498) (156,275)
Cash received (paid) for income taxes, net 17,939 (1,173)
Supplemental disclosure of non-cash investing and financing transactions:    
Property, plant and equipment additions in accounts payable 256,530 224,316
Issuance of common stock for reinvested dividends and 401(k) plans $ 18,791 $ 18,815