One gas, inc. (OGS)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Operating activities
Net income

186,749

172,234

162,995

140,095

119,030

109,790

99,195

96,509

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

180,395

160,086

151,889

143,829

133,023

125,722

144,758

130,150

Deferred income taxes

13,307

53,242

92,393

86,788

63,789

49,935

62,205

59,491

Share-based compensation expense

9,314

8,195

8,876

11,219

9,187

7,613

0

0

Provision for doubtful accounts

8,994

8,506

7,323

5,427

4,520

7,195

5,460

2,528

Changes in assets and liabilities:
Accounts receivable

-26,415

5,159

15,147

80,028

-105,886

-23,044

102,142

-10,016

Materials and supplies

11,399

4,661

5,588

759

5,814

-10,868

1,668

-

Income tax receivable

-

-

-

-37,480

-4,923

43,800

0

0

Natural gas in storage

-3,036

-22,859

4,722

-16,721

-43,147

19,172

63,139

-30,154

Asset removal costs

47,784

52,855

52,376

53,430

51,608

47,125

46,567

47,658

Affiliate payable

-

-

-

-

-

-

-8,140

-7,229

Accounts payable

-59,293

36,885

1,945

27,596

-59,635

-6,881

37,241

-3,950

Accrued interest

-

-

-

-19

1

18,743

-1

-

Accrued taxes other than income

316

6,316

-1,247

5,322

-7,493

12,316

2,449

174

Accrued liabilities

-

-

-

-8,539

5,451

21,228

-5,443

-4,511

Customer deposits

-3,196

372

-398

884

322

2,643

-727

-1,254

Regulatory assets and liabilities

-28,203

-109,437

-29,250

49,472

-50,658

-30,067

-29,436

59,338

Employee benefit obligation

-35,401

-50,100

-118,095

-25,666

-15,033

-10,102

0

0

Other assets and liabilities

-10,689

-2,337

3,298

-33,141

-7,562

45,421

-1,291

8,495

Cash provided by operating activities

310,345

467,694

253,800

290,589

407,916

246,663

154,208

196,587

Investing activities
Capital expenditures

417,322

394,450

356,361

309,071

294,320

297,103

292,080

272,014

Payments to Acquire Assets, Investing Activities

7,009

0

0

-

-

-

-

-

Other

0

0

-618

492

0

0

1,327

1,462

Proceeds from Sale of Other Assets, Investing Activities

1,399

0

0

-

-

-

-

-

Cash used in investing activities

-422,932

-394,450

-355,743

-308,579

-294,320

-297,103

-290,753

-270,552

Financing activities
Repayments of notes payable, net

217,000

-57,715

212,215

132,500

-29,500

42,000

0

0

Repurchase of common stock

0

0

17,512

24,066

24,122

0

0

-

Settlement of short-term notes payable to ONEOK, net

-

-

-

-

-

-

150,851

58,692

Proceeds from Issuance of Long-term Debt

0

395,648

0

0

-

1,199,994

0

0

Payments of Financing Costs

0

4,324

0

0

-

11,087

0

0

Issuance of common stock

5,116

4,803

4,457

4,017

7,051

2,001

0

0

Repayments of Long-term Debt

0

300,000

0

0

-

-

206

330

Borrowings on long-term line of credit with ONEOK

-

-

-

-

-

-

-

115,235

Cash payment to ONEOK upon separation

-

-

-

-

-

1,130,000

0

0

Dividends paid

105,424

96,594

87,951

73,209

62,826

43,696

0

0

Tax withholdings related to net share settlements of stock compensation

-7,575

-8,152

-9,516

-9,022

-13,709

-

-

-

Distributions to ONEOK

-

-

-

-

-

-

14,969

100,067

Cash used in financing activities

109,117

-66,334

101,693

30,220

-123,106

59,212

135,676

73,530

Change in cash and cash equivalents

-3,470

6,910

-250

12,230

-9,510

8,772

-869

-435

Supplemental cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities

61,160

49,371

44,436

42,129

42,980

21,066

0

0

Cash paid to ONEOK for interest, net of amounts capitalized

-

-

-

-

-

-

61,366

60,793

Cash received for income taxes, net

30,152

800

-1,389

-35,702

-5,423

44,603

0

0

Cash paid to ONEOK for income taxes

-

-

-

-

-

-

67

360