XML 16 R6.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash Flows From Operating Activities    
Net income $ 372,534 $ 493,124
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 192,837 177,755
Deferred income taxes 96,885 116,023
One-time income tax benefit 0 (165,675)
Other 5,334 12,252
Net assets / liabilities from risk management activities (333) 812
Net change in operating assets and liabilities (106,428) 117,076
Net cash provided by operating activities 560,829 751,367
Cash Flows From Investing Activities    
Capital expenditures (777,586) (693,978)
Proceeds from the sale of discontinued operations 4,000 3,000
Debt and equity securities activities, net 777 (1,175)
Other, net 4,388 4,009
Net cash used in investing activities (768,421) (688,144)
Cash Flows From Financing Activities    
Net decrease in short-term debt (575,780) (318,143)
Net proceeds from equity offering 494,085 395,092
Issuance of common stock through stock purchase and employee retirement plans 10,344 11,902
Proceeds from issuance of long-term debt 1,045,221 0
Settlements of interest rate swap 90,141 0
Repayments of Long-term Debt 450,000 0
Cash dividends paid (120,328) (105,891)
Debt issuance costs (11,227) 0
Other 0 (1,518)
Net cash provided by (used in) financing activities 302,174 (18,558)
Net increase in cash and cash equivalents 94,582 44,665
Cash and cash equivalents at beginning of period 13,771 26,409
Cash and cash equivalents at end of period $ 108,353 $ 71,074