| Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 | Dec'11 | Sep'11 | Jun'11 | Mar'11 | Dec'10 | Sep'10 | Jun'10 | Mar'10 | Dec'09 | Sep'09 | Jun'09 | Mar'09 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||||||||||||||||||||||||
Net income | |||||||||||||||||||||||||||||||
208,000 | 281,000 | 221,000 | 310,000 | -188,000 | 243,000 | 80,000 | 325,000 | 374,000 | 254,000 | 188,000 | 467,000 | 271,000 | 292,000 | 226,000 | 370,000 | 241,000 | 204,000 | 241,000 | 361,000 | 312,000 | 281,000 | 307,000 | 382,000 | 341,000 | 219,000 | 191,000 | 378,000 | 240,000 | 212,000 | 157,000 | 315,000 |
Depreciation and amortization | |||||||||||||||||||||||||||||||
200,000 | 202,000 | 201,000 | 196,000 | 194,000 | 191,000 | 197,000 | 196,000 | 199,000 | 205,000 | 202,000 | 203,000 | 200,000 | 199,000 | 199,000 | 189,000 | 194,000 | 191,000 | 188,000 | 187,000 | 182,000 | 184,000 | 181,000 | 178,000 | 171,000 | 169,000 | 159,000 | 165,000 | 158,000 | 154,000 | 146,000 | 140,000 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||||||||||||
Deferred income tax expense | |||||||||||||||||||||||||||||||
55,000 | 12,000 | 45,000 | 86,000 | 10,000 | 53,000 | -36,000 | 61,000 | 105,000 | 59,000 | 71,000 | 153,000 | 143,000 | 96,000 | 61,000 | 121,000 | 36,000 | 27,000 | 73,000 | 74,000 | 133,000 | 41,000 | 90,000 | 109,000 | 143,000 | 32,000 | 8,000 | 22,000 | 51,000 | 1,000 | 20,000 | 104,000 |
(Earnings) loss from equity investments | |||||||||||||||||||||||||||||||
-3,000 | 51,000 | 16,000 | 33,000 | -173,000 | 48,000 | -189,000 | 24,000 | 24,000 | 91,000 | 85,000 | 161,000 | 100,000 | 163,000 | 72,000 | 110,000 | 85,000 | 88,000 | 91,000 | 118,000 | 121,000 | 160,000 | 162,000 | 106,000 | 133,000 | 98,000 | 77,000 | 122,000 | 102,000 | 60,000 | 40,000 | 167,000 |
Distributions from equity investments | |||||||||||||||||||||||||||||||
23,000 | 36,000 | 26,000 | 26,000 | 16,000 | 52,000 | 55,000 | 38,000 | 100,000 | 81,000 | 110,000 | 89,000 | 109,000 | 68,000 | 68,000 | 79,000 | 55,000 | 55,000 | 83,000 | 114,000 | 148,000 | 150,000 | 97,000 | 104,000 | 88,000 | 66,000 | 129,000 | 108,000 | 88,000 | 68,000 | 23,000 | 16,000 |
Other | |||||||||||||||||||||||||||||||
- | 120,000 | -205,000 | 28,000 | - | 124,000 | -205,000 | -170,000 | - | 171,000 | -37,000 | 65,000 | - | 292,000 | -136,000 | 67,000 | - | 94,000 | -119,000 | 72,000 | - | 147,000 | -103,000 | -55,000 | - | 212,000 | 49,000 | 81,000 | - | 127,000 | -157,000 | -148,000 |
Net cash provided by operating activities | |||||||||||||||||||||||||||||||
427,000 | 360,000 | 682,000 | 557,000 | 424,000 | 367,000 | 690,000 | 766,000 | 675,000 | 337,000 | 523,000 | 686,000 | 630,000 | 200,000 | 618,000 | 582,000 | 484,000 | 295,000 | 613,000 | 546,000 | 499,000 | 349,000 | 616,000 | 722,000 | 401,000 | 176,000 | 361,000 | 470,000 | 493,000 | 248,000 | 463,000 | 556,000 |
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||||||||||||||||||||||||
Capital expenditures | |||||||||||||||||||||||||||||||
1,216,000 | 887,000 | 856,000 | 664,000 | 1,031,000 | 828,000 | 601,000 | 388,000 | 599,000 | 596,000 | 459,000 | 374,000 | 471,000 | 517,000 | 533,000 | 426,000 | 607,000 | 629,000 | 446,000 | 343,000 | 616,000 | 560,000 | 410,000 | 329,000 | 465,000 | 384,000 | 321,000 | 176,000 | 267,000 | 338,000 | 228,000 | 147,000 |
Investments in and loans to unconsolidated affiliates | |||||||||||||||||||||||||||||||
70,000 | 69,000 | 85,000 | 27,000 | 33,000 | 57,000 | 19,000 | 15,000 | 30,000 | 199,000 | 12,000 | 18,000 | 88,000 | 56,000 | 81,000 | 87,000 | - | - | - | - | -2,000 | 2,000 | 0 | 4,000 | 4,000 | 3,000 | 0 | 3,000 | 6,000 | 4,000 | 22,000 | 29,000 |
Purchase of intangible, net | |||||||||||||||||||||||||||||||
0 | 40,000 | -8,000 | 48,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Acquisitions, net of cash acquired | |||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 1,254,000 | 0 | 0 | 0 | 30,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of held-to-maturity securities | |||||||||||||||||||||||||||||||
154,000 | 133,000 | 184,000 | 162,000 | 205,000 | 134,000 | 184,000 | 145,000 | 206,000 | 147,000 | 239,000 | 198,000 | 353,000 | 176,000 | 163,000 | 293,000 | 395,000 | 786,000 | 629,000 | 861,000 | 496,000 | 436,000 | 549,000 | 214,000 | 267,000 | 320,000 | 382,000 | 148,000 | - | - | - | - |
Proceeds from sales and maturities of held-to-maturity securities | |||||||||||||||||||||||||||||||
195,000 | 111,000 | 222,000 | 142,000 | 238,000 | 113,000 | 221,000 | 123,000 | 239,000 | 123,000 | 286,000 | 167,000 | 400,000 | 160,000 | 197,000 | 266,000 | 405,000 | 786,000 | 653,000 | 734,000 | 503,000 | 473,000 | 547,000 | 186,000 | 259,000 | 302,000 | 381,000 | 126,000 | - | - | - | - |
Purchases of available-for-sale securities | |||||||||||||||||||||||||||||||
173,000 | 236,000 | 168,000 | 161,000 | 95,000 | 0 | 0 | 0 | 0 | 0 | 0 | 13,000 | 213,000 | 2,766,000 | 2,287,000 | 612,000 | - | - | - | - | 15,000 | 8,000 | 382,000 | 548,000 | 235,000 | 7,000 | 0 | 12,000 | - | - | - | - |
Proceeds from sales and maturities of available-for-sale securities | |||||||||||||||||||||||||||||||
176,000 | 229,000 | 167,000 | 163,000 | 86,000 | 0 | 0 | 1,000 | 0 | 0 | 2,000 | 5,000 | 2,214,000 | 1,088,000 | 2,103,000 | 619,000 | 493,000 | 0 | 7,000 | 14,000 | 15,000 | 9,000 | 543,000 | 576,000 | - | - | - | - | 0 | 0 | 0 | 32,000 |
Distributions from equity investments | |||||||||||||||||||||||||||||||
5,000 | 0 | 6,000 | 39,000 | 10,000 | 406,000 | 17,000 | 18,000 | 14,000 | 10,000 | 220,000 | 22,000 | 70,000 | 4,000 | 7,000 | 6,000 | 6,000 | 0 | 6,000 | 5,000 | - | - | - | - | - | - | - | - | 16,000 | 0 | 144,000 | 4,000 |
Other changes in restricted funds | |||||||||||||||||||||||||||||||
1,000 | 30,000 | -9,000 | -2,000 | 9,000 | 18,000 | 8,000 | -2,000 | 0 | 0 | 8,000 | -7,000 | -3,000 | 2,000 | 6,000 | -7,000 | -16,000 | 15,000 | -13,000 | -79,000 | 7,000 | 65,000 | -18,000 | 10,000 | - | - | - | - | - | - | - | - |
Other | |||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -51,000 | 2,000 | 6,000 | -11,000 | - | - | -10,000 | 8,000 | -97,000 | 40,000 | 1,000 | 2,000 |
Net cash used in investing activities | |||||||||||||||||||||||||||||||
-1,235,000 | -851,000 | -1,028,000 | -716,000 | -1,279,000 | -527,000 | -572,000 | -404,000 | -582,000 | -809,000 | -210,000 | -402,000 | 1,564,000 | -2,265,000 | -761,000 | -1,774,000 | -1,224,000 | -658,000 | -390,000 | -402,000 | -552,000 | -975,000 | -239,000 | -332,000 | -680,000 | -900,000 | -300,000 | -221,000 | -281,000 | -196,000 | -402,000 | -142,000 |
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||||||||||||||||||||||
Proceeds from the issuance of long-term debt | |||||||||||||||||||||||||||||||
801,000 | 0 | 382,000 | 0 | 253,000 | 338,000 | 0 | 994,000 | 0 | 316,000 | 412,000 | 300,000 | 400,000 | 2,124,000 | 0 | 1,848,000 | - | - | - | - | - | - | - | - | 753,000 | -961,000 | 720,000 | 720,000 | -2,437,000 | 1,186,000 | 1,526,000 | 693,000 |
Payments for the redemption of long-term debt | |||||||||||||||||||||||||||||||
33,000 | 0 | 443,000 | 176,000 | 132,000 | 114,000 | 39,000 | 0 | 39,000 | 409,000 | 452,000 | 284,000 | 1,343,000 | 250,000 | 51,000 | 495,000 | - | - | - | - | 37,000 | 0 | 458,000 | 36,000 | 461,000 | -1,440,000 | 922,000 | 864,000 | -1,975,000 | 937,000 | 1,050,000 | 852,000 |
Net increase (decrease) in commercial paper | |||||||||||||||||||||||||||||||
-183,000 | 525,000 | -208,000 | 185,000 | 545,000 | 46,000 | -78,000 | -952,000 | 181,000 | 649,000 | -154,000 | -102,000 | -1,009,000 | 363,000 | 274,000 | 166,000 | -57,000 | 241,000 | 41,000 | -26,000 | 93,000 | 405,000 | -76,000 | -182,000 | -152,000 | 487,000 | 313,000 | 21,000 | 118,000 | 44,000 | -406,000 | -530,000 |
Net decrease in revolving credit facilities borrowings | |||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -10,000 | -31,000 | -271,000 | 13,000 | - | - | - | - | - | - | - | - |
Distributions to noncontrolling interests | |||||||||||||||||||||||||||||||
70,000 | 62,000 | 60,000 | 54,000 | 58,000 | 47,000 | 49,000 | 44,000 | 47,000 | 47,000 | 42,000 | 39,000 | 40,000 | 35,000 | 37,000 | 32,000 | 34,000 | 30,000 | 29,000 | 27,000 | 27,000 | 27,000 | 24,000 | 23,000 | 19,000 | 18,000 | 15,000 | 21,000 | 21,000 | 17,000 | 127,000 | 9,000 |
Contributions from noncontrolling interests | |||||||||||||||||||||||||||||||
306,000 | 159,000 | 183,000 | 95,000 | 84,000 | 74,000 | 32,000 | 58,000 | 6,000 | 27,000 | 106,000 | 6,000 | 23,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 |
Proceeds from the issuances of Spectra Energy common stock | |||||||||||||||||||||||||||||||
1,000 | 10,000 | 500,000 | 368,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 448,000 |
Proceeds from the issuances of Spectra Energy Partners, LP common units | |||||||||||||||||||||||||||||||
106,000 | 152,000 | 241,000 | 80,000 | 195,000 | 171,000 | 141,000 | 39,000 | 50,000 | 86,000 | 139,000 | 52,000 | 24,000 | 0 | 190,000 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Dividends paid on common stock | |||||||||||||||||||||||||||||||
285,000 | 285,000 | 281,000 | 276,000 | 249,000 | 248,000 | 249,000 | 250,000 | 248,000 | 224,000 | 225,000 | 228,000 | 205,000 | 204,000 | 204,000 | 208,000 | 198,000 | 183,000 | 187,000 | 185,000 | 183,000 | 170,000 | 171,000 | 170,000 | 163,000 | 162,000 | 164,000 | 161,000 | 160,000 | 157,000 | 157,000 | 157,000 |
Other | |||||||||||||||||||||||||||||||
3,000 | -12,000 | -8,000 | 0 | 9,000 | -5,000 | 0 | -9,000 | 0 | -1,000 | 7,000 | 5,000 | -1,000 | 8,000 | 2,000 | 8,000 | -3,000 | 1,000 | 3,000 | 24,000 | 5,000 | -5,000 | 3,000 | 16,000 | 8,000 | -2,000 | 2,000 | 3,000 | - | - | - | - |
Net cash provided by (used in) financing activities | |||||||||||||||||||||||||||||||
646,000 | 716,000 | 306,000 | 222,000 | 731,000 | 215,000 | -242,000 | -164,000 | -97,000 | 397,000 | -209,000 | -290,000 | -2,151,000 | 2,006,000 | 174,000 | 1,287,000 | 689,000 | 379,000 | -200,000 | -214,000 | 153,000 | 173,000 | 21,000 | -382,000 | 250,000 | 774,000 | -66,000 | -302,000 | -514,000 | 113,000 | 3,000 | -405,000 |
Effect of exchange rate changes on cash | |||||||||||||||||||||||||||||||
3,000 | -1,000 | 1,000 | 3,000 | -1,000 | -4,000 | 2,000 | -4,000 | -2,000 | -4,000 | 3,000 | -2,000 | -2,000 | 2,000 | -2,000 | -1,000 | -1,000 | 3,000 | -1,000 | 1,000 | 0 | -11,000 | 0 | 2,000 | - | - | - | - | 35,000 | -24,000 | 16,000 | -2,000 |
Net increase (decrease) in cash and cash equivalents | |||||||||||||||||||||||||||||||
-159,000 | 224,000 | -39,000 | 66,000 | -125,000 | 51,000 | -122,000 | 194,000 | -6,000 | -79,000 | 107,000 | -8,000 | 41,000 | -57,000 | 29,000 | 94,000 | -52,000 | 19,000 | 22,000 | -69,000 | 100,000 | -464,000 | 398,000 | 10,000 | -26,000 | 50,000 | -7,000 | -53,000 | -267,000 | 141,000 | 80,000 | 7,000 |
Supplemental Disclosures | |||||||||||||||||||||||||||||||
Property, plant and equipment non-cash accruals | |||||||||||||||||||||||||||||||
18,000 | 57,000 | 104,000 | 213,000 | -84,000 | 79,000 | 82,000 | 115,000 | 0 | 7,000 | 11,000 | 107,000 | 5,000 | -41,000 | -40,000 | 188,000 | -45,000 | 10,000 | 25,000 | 157,000 | -39,000 | 7,000 | 57,000 | 112,000 | -13,000 | -31,000 | 67,000 | 35,000 | -25,000 | -10,000 | 31,000 | 28,000 |