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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash Flows From Operating Activities    
Net income $ 311,292 $ 271,860
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 164,608 146,020
Deferred income taxes 44,108 29,693
Other (16,839) (17,508)
Net assets / liabilities from risk management activities 5,589 218
Net change in other operating assets and liabilities (263,478) (241,383)
Net cash provided by operating activities 245,280 188,900
Cash Flows From Investing Activities    
Capital expenditures (769,650) (795,660)
Debt and equity securities activities, net (78) (2,472)
Other, net 5,353 5,621
Net cash used in investing activities (764,375) (792,511)
Cash Flows From Financing Activities    
Net decrease in short-term debt (241,933) (184,967)
Net proceeds from equity issuances 254,022 220,000
Issuance of common stock through stock purchase and employee retirement plans 3,746 3,779
Proceeds from issuance of long-term debt 898,275 797,258
Cash dividends paid (119,898) (104,552)
Debt issuance costs (8,920) (7,864)
Net cash provided by financing activities 785,292 723,654
Net increase in cash and cash equivalents and restricted cash and cash equivalents 266,197 120,043
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 19,248 51,554
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 285,445 $ 171,597