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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Net income $ 356.9 $ 346.5
Reconciliation to cash provided by operating activities    
Depreciation and amortization 194.6 191.9
Deferred income taxes and investment tax credits, net 150.2 214.6
Contributions and payments related to pension and OPEB plans (106.0) (15.1)
Equity income in transmission affiliate, net of distributions (6.7) (23.4)
Change in -    
Accounts receivable and unbilled revenues 55.0 (48.6)
Materials, supplies, and inventories 170.5 217.2
Other current assets 41.2 (63.7)
Accounts payable (212.7) (123.7)
Other current liabilities 90.8 56.7
Other, net (19.2) (56.5)
Net cash provided by operating activities 714.6 695.9
Investing Activities    
Capital expenditures (329.7) (312.0)
Capital contributions to transmission affiliate (27.6) (9.0)
Proceeds from the sale of assets and businesses 13.1 106.5
Withdrawal of restricted cash from Rabbi trust for qualifying payments 16.1 21.0
Other, net 2.5 5.1
Net cash used in investing activities (325.6) (188.4)
Financing Activities    
Exercise of stock options 5.9 21.4
Purchase of common stock (20.2) (59.6)
Dividends paid on common stock (164.1) (156.2)
Retirement of long-term debt (12.0) (139.4)
Change in short-term debt (189.8) (198.6)
Other, net (0.6) 9.8
Net cash used in financing activities (380.8) (522.6)
Net change in cash and cash equivalents 8.2 (15.1)
Cash and cash equivalents at beginning of period 37.5 49.8
Cash and cash equivalents at end of period $ 45.7 $ 34.7