XML 19 R9.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities    
Net Income $ 72,003 $ 30,329
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 23,548 22,126
Deferred Tax Credits (186) (186)
Deferred Income Taxes 14,342 5,697
Discretionary Contribution to Pension Plan (20,000) (10,000)
Allowance for Equity Funds Used During Construction (260) (45)
Stock Compensation Expense 4,904 4,197
Other, Net 866 (1,407)
Changes in Operating Assets and Liabilities:    
Receivables (43,943) (20,431)
Inventories 3,403 (261)
Regulatory Assets 4,468 703
Other Assets 3,729 (6,421)
Accounts Payable (12,533) 2,245
Accrued and Other Liabilities (7,859) (8,890)
Regulatory Liabilities 2,812 (3,850)
Pension and Other Postretirement Benefits 122 1,464
Net Cash Provided by Operating Activities 45,416 15,270
Investing Activities    
Capital Expenditures (28,710) (50,076)
Proceeds from Disposal of Noncurrent Assets 878 3,244
Cash Used for Investments and Other Assets (3,617) (2,188)
Net Cash Used in Investing Activities (31,449) (49,020)
Financing Activities    
Net Borrowings on Short-Term Debt 6,608 53,854
Payments for Retirement of Long-Term Debt 0 (169)
Dividends Paid (17,181) (16,208)
Payments for Shares Withheld for Employee Tax Obligations (2,942) (1,507)
Other, net (618) (2,171)
Net Cash (Used in) Provided by Financing Activities (14,133) 33,799
Net Change in Cash and Cash Equivalents (166) 49
Cash and Cash Equivalents at Beginning of Period 1,537 1,163
Cash and Cash Equivalents at End of Period $ 1,371 $ 1,212