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STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating activities      
Net income $ 263.1 $ 213.3 $ 159.2
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 232.2 210.0 193.9
Demand side management program amortization 0.0 1.7 1.7
Deferred income taxes 29.0 22.1 126.5
Allowance for equity funds used during construction (26.8) (19.1) (9.3)
Provision for bad debts 5.7 4.9 5.1
Net derivative losses 0.0 0.1 0.1
Changes in operating assets and liabilities:      
Accounts receivable (9.0) (19.5) (10.4)
Accrued unbilled revenues (0.6) 15.3 (10.4)
Inventories (20.5) (16.0) (1.9)
Prepayments and other 2.8 0.5 4.3
Accounts payable (8.5) (6.6) 11.8
Net regulatory assets and liabilities 13.8 38.2 38.1
Other current liabilities 5.8 11.6 3.4
Pension and other employee benefit obligations (17.7) (16.0) (21.7)
Other, net 3.5 5.8 (19.9)
Net cash provided by operating activities 472.8 446.3 470.5
Investing activities      
Utility capital/construction expenditures (844.4) (1,020.9) (550.6)
Investments in utility money pool arrangement (133.0) (285.0) (142.0)
Receipts from utility money pool arrangement 133.0 350.0 77.0
Other 0.0 0.0 0.5
Net cash used in investing activities (844.4) (955.9) (616.1)
Financing activities      
(Repayments of) proceeds from short-term borrowings, net (42.0) 42.0 (50.0)
Proceeds from issuance of long-term debt 292.2 295.0 442.3
Repayment of long-term debt, including reacquisition premiums 0.0 0.0 (271.6)
Borrowings under utility money pool arrangement 296.0 595.0 335.0
Repayments under utility money pool arrangement (296.0) (595.0) (335.0)
Capital contributions from parent 426.3 336.8 143.7
Dividends paid to parent (332.7) (131.0) (108.8)
Net cash provided by financing activities 343.8 542.8 155.6
Net change in cash and cash equivalents (27.8) 33.2 10.0
Cash and cash equivalents at beginning of period 44.0 10.8 0.8
Cash and cash equivalents at end of period 16.2 44.0 10.8
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of amounts capitalized) (83.6) (71.2) (76.0)
Cash paid for income taxes, net (11.9) 10.6 (41.5)
Supplemental disclosure of non-cash investing transactions:      
Property, plant and equipment additions in accounts payable 94.5 71.5 85.1
Inventory transfer additions in property, plant and equipment 23.3 22.5 13.7
Operating lease right-of-use assets 548.3 0.0 0.0
Allowance for equity funds used during construction $ 26.8 $ 19.1 $ 9.3