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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows From Operating Activities    
Net income $ 402,964 $ 351,858
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 194,645 180,533
Deferred income taxes 93,044 71,107
Other (23,292) (19,279)
Net assets / liabilities from risk management activities 6,968 1,891
Net change in other operating assets and liabilities (366,271) (304,088)
Net cash provided by operating activities 308,058 282,022
Cash Flows From Investing Activities    
Capital expenditures (1,033,347) (891,191)
Debt and equity securities activities, net (4,530) (490)
Other, net 2,234 2,740
Net cash used in investing activities (1,035,643) (888,941)
Cash Flows From Financing Activities    
Net proceeds from equity issuances 472,009 379,490
Issuance of common stock through stock purchase and employee retirement plans 2,634 4,047
Proceeds from issuance of long-term debt 596,532 645,372
Repayment of long-term debt (10,000) 0
Cash dividends paid (160,407) (135,453)
Debt issuance costs (5,475) (5,987)
Net cash provided by financing activities 895,293 887,469
Net increase in cash and cash equivalents and restricted cash and cash equivalents 167,708 280,550
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period 203,803 308,856
Cash and cash equivalents and restricted cash and cash equivalents at end of period $ 371,511 $ 589,406