XML 43 R10.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities      
Net Income $ 294,191 $ 284,184 $ 176,769
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 97,954 92,597 91,358
Deferred Tax Credits (744) (745) (744)
Deferred Income Taxes 13,508 32,424 28,896
Discretionary Contribution to Pension Plan 0 (20,000) (10,000)
Investment (Gains) Losses (7,222) 3,296 (4,524)
Stock Compensation Expense 7,753 6,814 6,908
Other, net (423) (1,473) 667
Changes in Operating Assets and Liabilities:      
Receivables (12,750) 30,560 (60,994)
Inventories (2,450) 5,339 (54,313)
Regulatory Assets 12,479 (2,464) (4,803)
Other Assets 2,817 (368) (14,146)
Accounts Payable (9,988) (29,763) 38,734
Accrued and Other Liabilities 6 (5,490) 28,386
Regulatory Liabilities 20,973 (6,846) 1,948
Pension and Other Postretirement Benefits (11,605) 1,244 7,101
Net Cash Provided by Operating Activities 404,499 389,309 231,243
Investing Activities      
Capital Expenditures (287,134) (171,134) (171,829)
Proceeds from Disposal of Noncurrent Assets 6,225 4,346 9,702
Purchases of Investments and Other Assets (8,378) (8,283) (9,383)
Net Cash Used in Investing Activities (289,287) (175,071) (171,510)
Financing Activities      
Net Borrowings (Repayments) on Short-Term Debt 73,218 (82,959) 10,166
Proceeds from Issuance of Common Stock 0 0 696
Proceeds from Issuance of Long-Term Debt 0 90,000 140,000
Payments for Retirement of Long-Term Debt 0 (30,000) (140,169)
Dividends Paid (73,061) (68,755) (64,864)
Payments for Shares Withheld for Employee Tax Obligations (3,088) (2,942) (1,507)
Other, net (904) (2,123) (3,681)
Net Cash Used in Financing Activities (3,835) (96,779) (59,359)
Net Change in Cash and Cash Equivalents 111,377 117,459 374
Cash and Cash Equivalents at Beginning of Period 118,996 1,537 1,163
Cash and Cash Equivalents at End of Period 230,373 118,996 1,537
Supplemental Disclosures of Cash Flow Information      
Interest, net of amount capitalized 36,956 35,699 36,881
Income Taxes 46,284 43,411 8,445
Supplemental Disclosure of Noncash Investing Activities      
Accrued Property, Plant and Equipment Additions $ 13,001 $ 12,420 $ 12,081