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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities:    
Net Income $ 860,949 $ 510,340
Adjustments to Reconcile Net Income to Net Cash Flows Provided by/(Used In) Operating Activities:    
Depreciation 694,505 632,949
Deferred Income Taxes 297,901 155,035
Uncollectible Expense 26,279 24,171
Pension, SERP and PBOP Income, Net (35,719) (46,600)
Pension Contributions (2,500) (2,400)
Regulatory (Under)/Over Recoveries, Net (383,152) (112,050)
Amortization (116,462) (294,481)
Cost of Removal Expenditures (113,024) (183,552)
Impairment of Offshore Wind Investment   401,000
Other (99,544) (13,423)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (95,839) 137,819
Taxes Receivable/Accrued, Net 41,275 49,201
Accounts Payable (82,355) (489,132)
Other Current Assets and Liabilities, Net (30,288) (121,600)
Net Cash Flows Provided by/(Used In) Operating Activities 962,026 647,277 Close
Investing Activities:    
Investments in Property, Plant and Equipment (2,220,917) (2,039,512)
Proceeds from Sales of Marketable Securities 91,437 215,570
Purchases of Marketable Securities (83,502) (194,786)
Investments in Unconsolidated Affiliates (729,354) (390,002)
Other Investing Activities 11,355 11,055
Net Cash Flows Used in Investing Activities (2,930,981) (2,397,675) Close
Financing Activities:    
Issuance of Common Shares, Net of Issuance Costs 248,189 0
Cash Dividends on Common Shares (490,910) (458,959)
Cash Dividends on Preferred Stock (3,759) (3,759)
Decrease in Notes Payable (698,252) (589,200)
Repayment of Rate Reduction Bonds (21,605) (21,605)
Issuance of Long-Term Debt 3,850,000 3,361,000
Retirement of Long-Term Debt (900,000) (853,000)
Other Financing Activities (48,493) (27,839)
Net Cash Flows Provided by Financing Activities 1,935,170 1,406,638 Close
Net (Decrease)/Increase in Cash and Restricted Cash (33,785) (343,760) Close
Cash and Restricted Cash - Beginning of Period 166,418 521,752
Cash and Restricted Cash - End of Period $ 132,633 $ 177,992