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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 603,064 $ 396,421 $ 350,104
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 361,083 319,633 293,096
Deferred income taxes 158,271 227,183 193,556
One-time income tax benefit (158,782) 0 0
Gain on sale of discontinued operations 0 (12,931) 0
Gain on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring 0 (10,579) 0
Stock-based compensation 12,863 14,064 14,760
Debt financing costs 7,865 6,469 5,667
Other 5,437 97 1,019
Changes in assets and liabilities:      
(Increase) decrease in accounts receivable (29,208) (58,696) (4,847)
(Increase) decrease in gas stored underground 18,921 (35,126) 20,577
(Increase) decrease in other current assets 60,424 9,991 (18,739)
(Increase) decrease in deferred charges and other assets (10,049) 102,254 (24,860)
Increase (decrease) in accounts payable and accrued liabilities (11,857) 53,017 (5,195)
Increase (decrease) in other current liabilities 74,707 (78,651) (44,482)
Increase (decrease) in deferred credits and other liabilities 31,923 (66,056) 14,334
Net cash provided by operating activities 1,124,662 867,090 794,990
CASH FLOWS USED IN INVESTING ACTIVITIES      
Capital expenditures (1,467,591) (1,137,089) (1,086,950)
Acquisition 0 (86,128) 0
Proceeds from the sale of discontinued operations 3,000 140,253 0
Purchases of available-for-sale securities (46,401) (53,597) (32,551)
Proceeds from sale of available-for-sale securities 22,360 31,792 27,019
Maturities of available-for-sale securities 15,716 9,332 6,290
Use tax refund 790 29,790 0
Other, net 8,560 9,341 6,460
Net cash used in investing activities (1,463,566) (1,056,306) (1,079,732)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in short-term debt 128,035 (382,066) 371,884
Proceeds from issuance of long-term debt, net of premium/discount 0 884,911 0
Net proceeds from equity offering 395,092 98,755 98,574
Issuance of common stock through stock purchase and employee retirement plans 19,563 26,523 34,278
Settlement of interest rate agreements 0 (36,996) 0
Interest rate agreements cash collateral 0 25,670 (25,670)
Repayment of long-term debt 0 (250,000) 0
Cash dividends paid (214,906) (191,931) (175,126)
Debt issuance costs 0 (6,775) (317)
Other (1,518) 0 0
Net cash provided by financing activities 326,266 168,091 303,623
Net increase (decrease) in cash and cash equivalents (12,638) (21,125) 18,881
Cash and cash equivalents at beginning of year 26,409 47,534 28,653
Cash and cash equivalents at end of year 13,771 26,409 47,534
CASH PAID (RECEIVED) DURING THE PERIOD FOR:      
Interest 169,987 156,668 154,748
Income taxes $ 6,102 $ 5,264 $ 7,794