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STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities    
Net income $ 54.1 $ 33.1
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 53.8 48.5
Demand side management program amortization 0.0 0.4
Deferred income taxes 11.0 0.8
Allowance for equity funds used during construction (10.3) (3.4)
Other, net 0.3 0.2
Changes in operating assets and liabilities:    
Accounts receivable (1.3) (11.4)
Accrued unbilled revenues 0.2 12.1
Inventories (6.8) 6.0
Prepayments and other (5.4) 1.4
Accounts payable (9.3) (12.0)
Net regulatory assets and liabilities (1.2) 27.0
Other current liabilities (16.7) (4.9)
Pension and other employee benefit obligations (15.9) (7.9)
Net cash provided by operating activities 52.5 89.9
Investing activities    
Utility capital/construction expenditures (179.6) (145.5)
Allowance for equity funds used during construction 10.3 3.4
Investments in utility money pool arrangement 0.0 46.0
Repayments from utility money pool arrangement 0.0 111.0
Net cash used in investing activities (179.6) (80.5)
Financing activities    
Proceeds from short-term borrowings, net 95.0 10.0
Borrowings under utility money pool arrangement 100.0 1.0
Repayments under utility money pool arrangement (62.0) (1.0)
Capital contributions from parent 5.8 0.4
Repayment of long-term debt (0.1) 0.0
Dividends paid to parent (55.1) (26.8)
Net cash provided by (used in) financing activities 83.6 (16.4)
Net change in cash and cash equivalents (43.5) (7.0)
Cash and cash equivalents at beginning of period 44.0 10.9
Cash and cash equivalents at end of period 0.5 3.9
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (18.9) (21.2)
Cash paid for income taxes, net (4.9) (4.0)
Supplemental disclosure of non-cash investing and financing transactions:    
Property, plant and equipment additions in accounts payable 68.5 36.7
Inventory transfers to plant, property and equipment 6.4 4.8
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 548.3 $ 0.0