XML 18 R7.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Statements Of Consolidated Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net Income $ 503.4 $ 384.1
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Depreciation and amortization 495.6 440.0
Deferred income taxes and investment tax credits 85.1 93.0
Gain (Loss) on Disposition of Other Assets 1.6 (0.3)
Asset Retirement Obligation, Cash Paid to Settle (35.0) (15.0)
Other adjustments 2.5 6.6
Changes in Assets and Liabilities:    
Components of working capital (116.2) 300.6
Regulatory assets/liabilities (5.9) 12.6
Deferred charges and other noncurrent assets (32.7) (18.4)
Other noncurrent liabilities and deferred credits 3.3 (12.2)
Net Cash Flows from Operating Activities 901.7 1,191.0
Investing Activities    
Capital expenditures (1,219.3) (1,161.9)
Payment to renewable generation asset developer (320.8) (137.4)
Other investing activities (53.9) (76.3)
Net Cash Flows used for Investing Activities (1,594.0) (1,375.6)
Financing Activities    
Proceeds from issuance of long-term debt 1,734.5 1,488.7
Repayments of finance lease obligations (13.5) (16.1)
Change in short-term borrowings, net (maturity ≤ 90 days) (754.6) (172.2)
Issuance of common stock, net of issuance costs 5.6 6.3
Equity costs, premiums and other debt related costs (60.0) (16.7)
Payments to Noncontrolling Interests (20.2) 0.0
Dividends paid - common stock (237.9) (206.6)
Dividends paid - preferred stock (8.2) (27.6)
Contract liability payment 0.0 (33.2)
Payments for Other Fees 0.0 (347.2)
Net Cash Flows from Financing Activities (1,452.9) 300.3
Change in cash, cash equivalents and restricted cash (2,145.2) 115.7
Cash, cash equivalents and restricted cash at beginning of period 2,281.1 75.4
Cash, Cash Equivalents and Restricted Cash at End of Period 135.9 191.1
Preferred Stock Redemption Premium   (393.9)
Redemption Premium (14.0) (6.2)
Repayment of short-term debt (maturity greater than 90 days) (1,650.0) 0.0
Distribution to NIPSCO minority interest holders 486.1  
NIPSCO minority interest holders    
Financing Activities    
Contributions from NIPSCO minority interest holders 59.7 0.0
Equity tax partner    
Financing Activities    
Contributions from NIPSCO minority interest holders 0.0 35.0
Other Ownership Interest    
Financing Activities    
Payments to Noncontrolling Interests $ (8.2) $ (10.0)