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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating Activities:    
Net (Loss)/Income $ 744,772 $ 851,884
Adjustments to Reconcile Net Income to Net Cash Flows Provided by/(Used In) Operating Activities:    
Depreciation 1,060,650 962,477
Deferred Income Taxes 343,004 78,276
Uncollectible Expense 55,438 40,945
Pension, SERP and PBOP Income, Net (54,663) (64,311)
Pension Contributions (5,000) (5,000)
Regulatory (Under)/Over Recoveries, Net (476,419) (4,148)
Amortization 127,495 (438,460)
Cost of Removal Expenditures (202,167) (237,368)
Losses on Offshore Wind Investments 464,019 401,000
Other (77,264) (114,111)
Changes in Current Assets and Liabilities:    
Receivables and Unbilled Revenues, Net (177,806) 6,738
Taxes Receivable/Accrued, Net 89,730 177,618
Accounts Payable (231,898) (385,741)
Other Current Assets and Liabilities, Net (142,285) (100,646)
Net Cash Flows Provided by/(Used In) Operating Activities 1,517,606 1,169,153 Close
Investing Activities:    
Investments in Property, Plant and Equipment (3,291,850) (3,125,617)
Proceeds from Sales of Marketable Securities 146,369 341,871
Purchases of Marketable Securities (133,544) (287,814)
Investments in Unconsolidated Affiliates (929,651) (887,365)
Proceeds from Sales of Offshore Wind Investments 862,713 0
Other Investing Activities 22,506 (57)
Net Cash Flows Used in Investing Activities (3,323,457) (3,958,982) Close
Financing Activities:    
Issuance of Common Shares, Net of Issuance Costs 830,178 0
Cash Dividends on Common Shares (745,221) (688,878)
Cash Dividends on Preferred Stock (5,639) (5,639)
(Decrease)/Increase in Notes Payable (1,278,252) 87,600
Repayment of Rate Reduction Bonds (43,210) (43,210)
Issuance of Long-Term Debt 4,400,000 4,340,300
Retirement of Long-Term Debt (1,260,148) (1,203,000)
Other Financing Activities (55,474) (38,189)
Net Cash Flows Provided by Financing Activities 1,842,234 2,448,984 Close
Net Increase/(Decrease) in Cash, Cash Equivalents and Restricted Cash 36,383 (340,845) Close
Cash and Restricted Cash - Beginning of Period 166,418 521,752
Cash, Cash Equivalents and Restricted Cash - End of Period $ 202,801 $ 180,907