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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Activities:    
Net Income $ 523,728 $ 493,039
Adjustments to Reconcile Net Income to Net Cash Flows Provided by/(Used In) Operating Activities:    
Depreciation 339,914 312,955
Deferred Income Taxes 156,976 149,197
Uncollectible Expense 16,387 22,821
Pension, SERP and PBOP Income, Net (16,938) (24,563)
Pension Contributions (1,250) (1,100)
Regulatory Under Recoveries, Net (232,350) (158,964)
Amortization (2,325) (76,059)
Cost of Removal Expenditures (57,337) (70,514)
Other (58,687) (54,486)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (212,171) (225,609)
Taxes Receivable/Accrued, Net 65,641 284
Accounts Payable (107,014) (258,476)
Other Current Assets and Liabilities, Net (123,262) (39,368)
Net Cash Flows Provided by/(Used In) Operating Activities 291,312 69,157 Close
Investing Activities:    
Investments in Property, Plant and Equipment (1,149,443) (977,144)
Proceeds from Sales of Marketable Securities 41,729 64,307
Purchases of Marketable Securities (37,555) (56,508)
Investments in Unconsolidated Affiliates (307,433) (87,845)
Other Investing Activities 5,850 5,640
Net Cash Flows Used in Investing Activities (1,446,852) (1,051,550) Close
Financing Activities:    
Issuance of Common Shares, Net of Issuance Costs 75,395 0
Cash Dividends on Common Shares (244,786) (229,405)
Cash Dividends on Preferred Stock (1,880) (1,880)
Increase/(Decrease) in Notes Payable 216,119 (246,700)
Repayment of Rate Reduction Bonds (21,605) (21,605)
Issuance of Long-Term Debt 1,350,000 1,550,000
Retirement of Long-Term Debt 0 (400,000)
Other Financing Activities (23,725) (27,002)
Net Cash Flows Provided by/(Used In) Financing Activities 1,349,518 623,408 Close
Net Increase/(Decrease) in Cash and Restricted Cash 193,978 (358,985) Close
Cash and Restricted Cash - Beginning of Period 166,418 521,752
Cash and Restricted Cash - End of Period $ 360,396 $ 162,767