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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows From Operating Activities    
Net income $ 178,673 $ 157,646
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 105,062 96,065
Deferred income taxes 46,726 40,339
Other (616) 6,231
Net assets / liabilities from risk management activities 4,143 (2,458)
Net change in operating assets and liabilities (161,543) (133,139)
Net cash provided by operating activities 172,445 164,684
Cash Flows From Investing Activities    
Capital expenditures (529,186) (416,404)
Debt and equity securities activities, net (1,602) (963)
Other, net 2,553 2,074
Net cash used in investing activities (528,235) (415,293)
Cash Flows From Financing Activities    
Net decrease in short-term debt (464,915) (575,780)
Net proceeds from equity offering 259,005 494,734
Issuance of common stock through stock purchase and employee retirement plans 4,267 4,241
Proceeds from issuance of long-term debt 799,450 596,994
Cash dividends paid (69,557) (58,722)
Debt issuance costs (7,738) (6,432)
Net cash provided by financing activities 520,512 455,035
Net increase in cash and cash equivalents 164,722 204,426
Cash and cash equivalents at beginning of period 24,550 13,771
Cash and cash equivalents at end of period $ 189,272 $ 218,197