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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows From Operating Activities    
Net income $ 616,843 $ 536,110
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization expense 353,269 318,082
Deferred income taxes 144,195 137,996
One-time income tax benefit 0 (20,962)
Other 378 5,935
Net assets / liabilities from risk management activities (99) 1,295
Net change in Winter Storm Uri regulatory asset (See Note 8) (2,088,536) 0
Net change in other operating assets and liabilities (184,517) (82,970)
Net cash provided by (used in) operating activities (1,158,467) 895,486
Cash Flows From Investing Activities    
Capital expenditures (1,357,960) (1,405,673)
Debt and equity securities activities, net (2,363) (692)
Other, net 8,006 6,098
Net cash used in investing activities (1,352,317) (1,400,267)
Cash Flows From Financing Activities    
Net decrease in short-term debt 0 (464,915)
Net proceeds from equity offering 460,678 358,047
Issuance of common stock through stock purchase and employee retirement plans 12,121 14,125
Proceeds from issuance of long-term debt 2,797,346 999,450
Cash dividends paid (241,260) (210,674)
Debt issuance costs (14,288) (7,738)
Net cash provided by financing activities 3,014,597 688,295
Net increase in cash and cash equivalents 503,813 183,514
Cash and cash equivalents at beginning of period 20,808 24,550
Cash and cash equivalents at end of period $ 524,621 $ 208,064