| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||||||
Net income | ||||||||||||
1,134,700 | 1,060,500 | 1,204,900 | 940,200 | 640,300 | 589,500 | 578,600 | 546,300 | 526,200 | 456,500 | 382,400 | 359,100 | 335,600 |
Reconciliation to cash provided by operating activities | ||||||||||||
Depreciation and amortization | ||||||||||||
926,300 | 845,800 | 798,600 | 762,600 | 583,500 | 417,000 | 396,000 | 371,700 | 336,400 | 317,400 | 346,900 | 329,600 | 337,700 |
Amortization of gain | ||||||||||||
- | - | - | - | - | - | - | - | - | -198,400 | -230,700 | -488,100 | -6,500 |
Equity in earnings of transmission affiliate | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 43,100 |
Distributions from transmission affiliate | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 39,000 | 33,200 |
Deferred income taxes and investment tax credits, net | ||||||||||||
162,900 | 297,300 | 271,700 | 493,800 | 418,700 | 328,100 | 312,700 | 293,200 | 430,600 | 104,900 | 187,400 | 296,600 | 20,400 |
Deferred revenue | ||||||||||||
- | - | - | - | - | - | - | - | - | 100,800 | 201,700 | 203,200 | 164,500 |
Contributions and payments related to pension and OPEB plans | ||||||||||||
65,900 | 77,600 | 120,500 | 28,700 | 121,000 | 13,900 | 22,800 | 100,000 | 277,400 | 0 | 289,300 | 48,400 | -24,200 |
Equity income in transmission affiliate, net of distributions | ||||||||||||
2,900 | 18,600 | 4,800 | 46,600 | 11,000 | 8,500 | - | - | - | - | - | 51,800 | - |
Change in – | ||||||||||||
Accounts receivable and unbilled revenues | ||||||||||||
-98,200 | -23,500 | 86,400 | 180,700 | -84,000 | -80,700 | 162,900 | -38,300 | -30,100 | 50,400 | -111,100 | -7,900 | -36,900 |
Materials, supplies, and inventories | ||||||||||||
1,500 | 8,800 | -49,300 | -100,000 | 69,400 | 71,200 | -31,300 | -21,300 | 2,900 | 1,000 | 34,600 | -16,700 | 31,300 |
Other current assets | ||||||||||||
7,100 | 10,000 | 7,100 | -103,200 | 27,200 | 13,900 | -2,800 | -12,100 | 20,500 | -14,100 | -24,800 | 51,800 | 9,100 |
Accounts payable | ||||||||||||
1,500 | 110,600 | 8,500 | 34,400 | -9,300 | 23,700 | -14,800 | 43,800 | 11,800 | 21,300 | -119,100 | 50,700 | 10,100 |
Other current liabilities | ||||||||||||
78,700 | -67,600 | 161,800 | -20,800 | 14,100 | -45,300 | -1,500 | -14,900 | 44,100 | 22,000 | -11,700 | 7,700 | 300 |
Accrued taxes, net | ||||||||||||
- | - | - | - | - | - | 36,600 | 116,900 | -87,400 | -42,700 | 43,400 | -89,400 | -106,900 |
Deferred costs, net | ||||||||||||
- | - | - | - | - | - | - | 9,200 | 25,900 | 25,900 | 46,200 | 81,500 | -56,300 |
Other, net | ||||||||||||
20,600 | 290,400 | -197,400 | -53,600 | -209,100 | -87,300 | 76,200 | 164,000 | 23,500 | -40,000 | 29,600 | -73,800 | -135,900 |
Net cash provided by operating activities | ||||||||||||
2,345,500 | 2,445,500 | 2,078,600 | 2,103,800 | 1,293,600 | 1,198,900 | 1,232,200 | 1,173,900 | 993,400 | 810,400 | 628,900 | 736,300 | 532,400 |
Investing activities | ||||||||||||
Capital expenditures | ||||||||||||
2,260,800 | 2,115,700 | 1,959,500 | 1,423,700 | - | - | - | - | - | - | - | - | - |
Capital expenditures | ||||||||||||
0 | 61,400 | 0 | 0 | 1,266,200 | 761,200 | 725,200 | 707,000 | 830,800 | 798,200 | 814,600 | 1,133,900 | 1,210,200 |
Acquisition of Upstream, net of cash and restricted cash acquired of $9.2 | ||||||||||||
0 | 77,100 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Acquisition of Bishop Hill III, net of restricted cash acquired of $4.5 million | ||||||||||||
0 | 162,900 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Cash acquired from business acquisition | ||||||||||||
- | - | - | - | 156,300 | - | - | - | - | - | - | - | - |
Acquisition of Bluewater | ||||||||||||
0 | 0 | 226,000 | 0 | 1,329,900 | 0 | 0 | - | - | - | - | - | - |
Capital contributions to transmission affiliates | ||||||||||||
52,600 | 53,500 | 109,600 | 42,300 | 8,700 | 13,100 | 10,500 | 15,700 | 6,600 | 5,200 | 25,900 | 25,300 | 0 |
Proceeds from the sale of assets | ||||||||||||
37,600 | 12,100 | 24,000 | 166,300 | 28,900 | 13,900 | - | - | - | - | - | - | - |
Proceeds from the sale of investments held in rabbi trust | ||||||||||||
200 | 118,600 | 8,700 | 1,700 | - | - | - | - | - | - | - | - | - |
Purchase of investments held in rabbi trust | ||||||||||||
0 | 65,000 | 3,700 | 59,200 | - | - | - | - | - | - | - | - | - |
Reimbursement for ATC's construction costs | ||||||||||||
32,400 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Withdrawal of restricted cash from Rabbi trust for qualifying payments | ||||||||||||
- | - | - | - | 1,400 | 0 | - | - | - | - | - | - | - |
Proceeds from asset sales | ||||||||||||
- | - | - | - | - | - | 2,500 | 8,700 | 41,500 | 68,700 | 16,800 | 14,300 | 963,100 |
Proceeds from cash surrender value of life insurance | ||||||||||||
- | - | - | - | - | - | 0 | - | - | - | - | - | - |
Proceeds from liquidation of nuclear decommissioning trust | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 552,400 |
Change in restricted cash | ||||||||||||
- | - | - | - | - | - | - | -42,800 | 37,200 | -186,200 | -192,000 | -345,100 | 731,600 |
Payments for (Proceeds from) Removal Costs | ||||||||||||
- | - | - | - | - | - | - | 38,300 | 16,900 | - | - | - | - |
Proceeds from investments within nuclear decommissioning trust | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -1,528,700 |
Other activity within nuclear decommissioning trust | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -1,528,700 |
Other, net | ||||||||||||
-16,500 | -20,500 | -12,000 | -3,000 | -57,000 | -3,600 | 12,600 | 20,100 | 42,500 | 85,000 | 104,400 | 106,500 | 116,800 |
Net cash used in investing activities | ||||||||||||
-2,494,900 | -2,384,400 | -2,254,100 | -1,354,200 | -2,517,500 | -756,800 | -745,800 | -729,600 | -892,500 | -633,500 | -736,100 | -906,300 | -543,100 |
Financing activities | ||||||||||||
Exercise of stock options | ||||||||||||
67,000 | 29,100 | 30,800 | 41,600 | 30,100 | 50,300 | 48,500 | 49,800 | 54,400 | 90,900 | 17,000 | 11,600 | 36,100 |
Purchase of common stock | ||||||||||||
140,100 | 72,400 | 71,300 | 108,000 | 74,700 | 123,200 | 223,400 | 153,200 | 193,900 | 156,600 | 29,600 | 23,000 | 67,800 |
Dividends paid on common stock | ||||||||||||
744,500 | 697,300 | 656,500 | 624,900 | 455,400 | 352,000 | 328,900 | 276,300 | 242,000 | 187,000 | 157,800 | 126,300 | 116,900 |
Redemption of WPS preferred stock | ||||||||||||
- | - | - | - | 52,700 | 0 | 0 | - | - | - | - | - | - |
Issuance of long-term debt | ||||||||||||
1,895,000 | 1,740,000 | 435,000 | 400,000 | 2,150,000 | 250,000 | 251,000 | 251,800 | 720,000 | 530,000 | 261,500 | 1,113,000 | 523,400 |
Retirement of long-term debt | ||||||||||||
360,100 | 953,300 | 154,500 | 306,000 | 529,600 | 324,300 | 397,200 | 20,300 | 466,600 | 291,700 | 221,100 | 497,800 | 363,800 |
Change in other short-term debt | ||||||||||||
-609,300 | -4,500 | 584,400 | -234,800 | 163,000 | 80,200 | 142,800 | -275,300 | 12,000 | -167,200 | 222,800 | -298,400 | -11,200 |
Other, net | ||||||||||||
-22,400 | -15,200 | -6,500 | -13,600 | -18,900 | 12,800 | 11,200 | 700 | 4,800 | 9,000 | 2,900 | -4,100 | 1,300 |
Net cash used in financing activities | ||||||||||||
85,600 | 26,400 | 161,400 | -845,700 | 1,211,800 | -406,200 | -496,000 | -422,800 | -111,300 | -172,600 | 95,700 | 175,000 | 1,100 |
Net change in cash, cash equivalents, and restricted cash | ||||||||||||
-63,800 | 87,500 | -14,100 | -96,100 | -12,100 | 35,900 | -9,600 | 21,500 | -10,400 | 4,300 | -11,500 | 5,000 | -9,600 |