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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities    
Net income $ 459.2 $ 466.9
Reconciliation to cash    
Depreciation and amortization 390.9 312.9
Deferred income taxes and investment tax credits, net 220.1 258.5
Contributions to pension and other postretirement plans (109.3) (12.0)
Change in -    
Accounts receivable and unbilled revenues 269.5 221.1
Inventories (101.4) (49.9)
Other current assets 75.6 37.2
Accounts payable (55.9) (27.7)
Accrued taxes, net 57.9 (10.3)
Other current liabilities 40.0 (36.8)
Other, net (173.4) (125.3)
Net Cash Provided by Operating Activities 1,073.2 1,034.6
Investing Activities    
Capital expenditures (765.1) (513.0)
Cost of Removal, Net of Salvage (26.7) (18.2)
Business acquisition, net of cash acquired of $156.3 million (1,329.9) 0.0
Cash acquired from acquisition 156.3  
Investment in transmission affiliate (5.6) (10.5)
Proceeds from asset sales 26.7 0.0
Other, net 4.7 12.8
Net Cash Used in Investing Activities (2,095.9) (528.9)
Financing Activities    
Exercise of stock options 26.4 31.7
Purchase of common stock (66.1) (84.2)
Dividends paid on common stock (310.9) (264.0)
Issuance of long-term debt 1,650.0 250.0
Retirement of long-term debt (27.1) (322.0)
Change in short-term debt (270.5) (61.6)
Other, net (18.8) 7.1
Net Cash Provided by (Used in) Financing Activities 983.0 (443.0)
Net Change in Cash and Cash Equivalents (39.7) 62.7
Cash and Cash Equivalents at Beginning of Period 61.9 26.0
Cash and Cash Equivalents at End of Period $ 22.2 $ 88.7