XML 15 R3.htm IDEA: XBRL DOCUMENT v3.6.0.2
STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 284.1 $ 268.9 $ 292.0
Adjustments to reconcile net income to net cash provided from operating activities      
Depreciation and amortization 316.4 299.9 270.8
Deferred income taxes and investment tax credits 116.8 127.6 161.4
Allowance for equity funds used during construction (14.2) (8.3) (4.2)
Stock-based compensation expense 2.3 2.6 2.9
Regulatory assets (21.4) (9.1) 4.6
Regulatory liabilities (11.8) (27.5) (4.4)
Other assets 13.7 10.1 (1.2)
Other liabilities (20.1) 22.2 14.0
Change in certain current assets and liabilities      
Accounts receivable, net 0.1 15.7 (9.4)
Accrued unbilled revenues (6.2) 2.0 3.2
Fuel, materials and supplies inventories 32.5 (56.2) 20.1
Fuel clause under recoveries (51.3) 68.3 (42.1)
Other current assets (26.7) (16.0) (2.6)
Accounts payable (27.7) 20.4 (66.4)
Accounts payable - affiliates (2.1) 1.9 (1.5)
Income taxes payable - parent (3.1) (16.7) (50.2)
Fuel clause over recoveries (61.3) 61.3 (0.4)
Other current liabilities 52.9 3.4 1.1
Net Cash Provided from Operating Activities 572.9 770.5 587.7
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (less allowance for equity funds used during construction) (660.1) (551.6) (565.4)
Proceeds from sale of assets 0.9 2.6 0.7
Net Cash Used in Investing Activities (659.2) (549.0) (564.7)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from long-term debt 0.0 0.0 489.6
Dividends paid on common stock (155.0) (120.0) (140.0)
Changes in advances with parent 351.5 (101.3) (232.4)
Payment of long-term debt (110.2) (0.2) (140.2)
Net Cash Provided from (Used in) Financing Activities 86.3 (221.5) (23.0)
NET CHANGE IN CASH AND CASH EQUIVALENTS 0.0 0.0 0.0
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 0.0 0.0 0.0
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 0.0 $ 0.0 $ 0.0