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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows From Operating Activities    
Net income $ 453,000 $ 564,317
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 290,537 268,426
Deferred income taxes 120,220 139,852
One-time income tax benefit 0 (165,522)
Other 9,649 18,007
Net assets / liabilities from risk management activities (1,976) 912
Net change in operating assets and liabilities (62,502) 209,304
Net cash provided by operating activities 808,928 1,035,296
Cash Flows From Investing Activities    
Capital expenditures (1,199,199) (1,088,472)
Proceeds from the sale of discontinued operations 4,000 3,000
Debt and equity securities activities, net (4,041) (7,857)
Other, net 3,839 6,105
Net cash used in investing activities (1,195,401) (1,087,224)
Cash Flows From Financing Activities    
Net decrease in short-term debt (500,838) (202,968)
Net proceeds from equity offering 593,731 395,092
Issuance of common stock through stock purchase and employee retirement plans 14,128 15,850
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 (181,982) (160,007)
Debt issuance costs (11,254) 0
Other 0 (1,518)
Net cash provided by financing activities 418,865 46,449
Net increase (decrease) in cash and cash equivalents 32,392 (5,479)
Cash and cash equivalents at beginning of period 13,771 26,409
Cash and cash equivalents at end of period $ 46,163 $ 20,930