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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows From Operating Activities    
Net income $ 418,319 $ 372,534
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 210,978 192,837
Deferred income taxes 110,664 96,885
Other 7,144 5,334
Net assets / liabilities from risk management activities 1,310 (333)
Net change in operating assets and liabilities (114,640) (106,428)
Net cash provided by operating activities 633,775 560,829
Cash Flows From Investing Activities    
Capital expenditures (994,737) (777,586)
Proceeds from the sale of discontinued operations 0 4,000
Debt and equity securities activities, net (1,131) 777
Other, net 4,631 4,388
Net cash used in investing activities (991,237) (768,421)
Cash Flows From Financing Activities    
Net decrease in short-term debt (264,992) (575,780)
Net proceeds from equity offering 258,047 494,085
Issuance of common stock through stock purchase and employee retirement plans 8,321 10,344
Proceeds from issuance of long-term debt 799,450 1,045,221
Settlement of interest rate swaps 0 (90,141)
Repayment of long-term debt 0 (450,000)
Cash dividends paid (140,077) (120,328)
Debt issuance costs (7,738) (11,227)
Net cash provided by financing activities 653,011 302,174
Net increase in cash and cash equivalents 295,549 94,582
Cash and cash equivalents at beginning of period 24,550 13,771
Cash and cash equivalents at end of period $ 320,099 $ 108,353