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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 129,630 $ 84,165
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization including nuclear fuel 239,743 245,700
Deferred fuel and purchased power 82,261 64,679
Deferred fuel and purchased power amortization (54,388) (68,762)
Allowance for equity funds used during construction (9,931) (11,319)
Deferred income taxes 66,142 11,945
Change in derivative instruments fair value (2,618) (279)
Changes in current assets and liabilities:    
Customer and other receivables (21,424) 43,271
Accrued unbilled revenues (43,211) (60,390)
Materials, supplies and fossil fuel (21,012) (18,226)
Other current assets (9,407) (37,053)
Accounts payable 9,199 37,817
Accrued taxes and income tax receivable - net 19,775 29,530
Other current liabilities 807 3,967
Change in margin and collateral accounts - assets 124 21,185
Change in margin and collateral accounts - liabilities 69,602 39,567
Change in unrecognized tax benefits   18,959
Change in other long-term assets (1,692) (26,225)
Change in other long-term liabilities 5,035 57,748
Net cash flow provided by operating activities 458,635 436,279
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (424,775) (387,272)
Contributions in aid of construction 25,800 21,905
Allowance for borrowed funds used during construction (6,598) (7,432)
Proceeds from nuclear decommissioning trust sales 211,138 299,600
Investment in nuclear decommissioning trust (219,762) (308,222)
Proceeds from sale of life insurance policies   55,444
Other (525) (2,352)
Net cash flow used for investing activities (414,722) (328,329)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of long-term debt 351,081 175,000
Repayment of long-term debt (421,451) (187,962)
Short-term borrowings and payments - net 109,000 (9,300)
Dividends paid on common stock (111,297) (112,537)
Common stock equity issuance 8,869 14,520
Distributions to noncontrolling interests (2,630) (2,610)
Other 160 (2,975)
Net cash flow used for financing activities (66,268) (125,864)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (22,355) (17,914)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 33,583 110,188
CASH AND CASH EQUIVALENTS AT END OF PERIOD 11,228 92,274
Cash paid during the period for:    
Income taxes, net of (refunds) (649)  
Interest, net of amounts capitalized $ 94,680 $ 110,659