WEC ENERGY GROUP, INC. WEC Cash Flow

Wec energy group, inc. (WEC)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	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
Operating activities
Net income
1,166,900	1,134,700	1,095,800	1,095,000	1,090,500	1,060,500	1,288,100	1,270,300	1,238,400	1,204,900	966,700	968,300	950,600	940,200	925,400	891,200	790,700	640,300	583,000	526,200	578,000	589,500	612,400	623,600	609,600	578,600	531,900	550,500	550,800	546,300	563,500	537,200	527,400	526,200	536,100	518,500	497,700	456,500	449,300	395,600	370,600	382,400	0	0	0
Reconciliation to cash provided by operating activities
Depreciation and amortization
939,000	926,300	907,800	886,800	863,600	845,800	833,200	821,600	812,600	798,600	774,600	768,900	765,300	762,600	774,100	754,400	668,100	583,500	495,000	425,600	420,600	417,000	411,300	404,800	401,500	396,000	391,100	385,600	379,300	371,700	365,700	351,000	342,800	336,400	328,700	329,200	329,700	317,400	0	0	0	-	-	-	0
Amortization of gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-198,400	-205,300	-208,000	-215,900	-230,700	0	0	0
Equity in earnings of transmission affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Distributions from transmission affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Deferred income taxes and investment tax credits, net
237,800	162,900	321,700	361,700	297,500	297,300	-138,300	28,800	138,500	271,700	498,700	461,300	429,400	493,800	638,100	604,100	526,700	418,700	289,700	261,800	323,100	328,100	351,400	357,600	322,500	312,700	263,400	295,100	327,100	293,200	464,300	434,800	426,600	430,600	321,800	234,600	171,700	104,900	64,500	180,100	195,300	187,400	0	0	0
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,800	-24,700	244,200	120,900	201,700	0	0	0
Contributions and payments related to pension and OPEB plans
65,400	65,900	75,900	76,200	76,500	77,600	18,900	18,700	19,800	120,500	120,600	120,700	119,600	28,700	35,200	34,400	32,400	121,000	111,200	120,000	117,600	13,900	0	0	0	-	-	-	100,000	100,000	120,000	155,000	155,000	277,400	257,400	122,400	122,400	0	0	0	578,600	289,300	0	0	0
Equity income in transmission affiliate, net of distributions
-	-	-	-	-	18,600	-9,200	-14,600	-9,000	4,800	29,300	38,400	29,900	46,600	29,000	24,500	28,700	11,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Change in –
Accounts receivable and unbilled revenues
-219,000	-98,200	-71,600	-55,900	40,700	-23,500	84,800	98,200	201,500	86,400	55,400	63,500	77,100	180,700	300	-79,600	-63,400	-84,000	-129,100	-83,200	-237,500	-80,700	37,100	80,200	263,400	162,900	-14,900	8,600	57,500	-38,300	-12,400	-35,200	-82,500	-30,100	25,400	31,800	57,600	50,400	14,600	-15,400	-4,300	-111,100	0	0	0
Materials, supplies, and inventories
61,100	1,500	-15,300	-5,600	-46,500	8,800	-64,400	-44,000	-41,800	-49,300	17,900	15,600	-53,300	-100,000	-65,800	-51,900	-36,900	69,400	122,700	24,100	54,800	71,200	11,700	-13,600	-31,900	-31,300	25,500	-17,100	-44,800	-21,300	-25,900	-4,100	27,200	2,900	-54,300	-51,100	-51,400	1,000	34,500	76,900	-101,100	34,600	0	0	0
Other current assets
66,800	7,100	12,300	68,800	-33,800	10,000	-48,800	-57,200	-33,000	7,100	-71,500	-51,000	-208,100	-103,200	14,300	-22,800	135,400	27,200	-24,500	9,000	-1,700	13,900	600	-800	-3,500	-2,800	-2,100	-9,200	-10,500	-12,100	-48,800	14,000	23,700	20,500	42,400	-3,900	-34,900	-14,100	-800	-27,200	-45,900	-24,800	0	0	0
Accounts payable
-44,300	1,500	-10,500	-27,100	77,200	110,600	48,500	37,500	50,300	8,500	17,900	32,800	-54,600	34,400	-48,100	-149,100	-61,700	-9,300	-4,500	103,700	-142,300	23,700	16,700	19,200	184,400	-14,800	41,100	17,400	21,600	43,800	-2,900	-9,700	-22,100	11,800	19,300	12,400	9,000	21,300	29,700	7,800	-35,700	-119,100	0	0	0
Other current liabilities
-3,600	78,700	-111,900	-122,800	-141,600	-67,600	180,900	143,600	199,600	161,800	95,500	136,500	13,300	-20,800	-176,700	-123,700	42,700	14,100	89,400	-24,900	16,300	-45,300	-38,200	-20,200	-70,600	-1,500	300	9,700	5,500	-14,900	1,700	5,200	-2,300	44,100	-1,900	18,700	30,500	22,000	27,600	14,900	-16,800	-11,700	0	0	0
Accrued taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-21,900	9,800	50,800	36,600	57,500	127,400	88,600	116,900	-48,900	-140,900	-111,600	-87,400	24,100	29,800	-51,000	-42,700	23,500	-69,400	9,400	43,400	0	0	0
Deferred costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,900	31,100	36,100	41,200	46,200	0	0	0
Other, net
-18,300	20,600	108,300	146,100	162,600	290,400	110,000	24,400	-43,900	-197,400	-74,100	-34,000	-16,300	-53,600	-158,700	-260,600	-217,300	-209,100	-368,200	-227,600	-174,600	-87,300	183,400	186,600	112,800	76,200	54,200	65,900	116,200	164,000	178,200	120,300	120,400	23,500	-36,000	-28,900	-62,100	-40,000	-28,200	-12,700	-35,400	29,600	0	0	0
Net cash provided by operating activities
2,300,300	2,345,500	2,278,000	2,223,300	2,287,200	2,445,500	2,341,100	2,325,100	2,258,000	2,078,600	2,127,600	2,146,600	2,122,500	2,103,800	1,941,100	1,801,200	1,659,500	1,293,600	1,238,700	1,194,100	1,143,800	1,198,900	1,216,500	1,272,000	1,287,000	1,232,200	1,231,800	1,246,700	1,163,700	1,173,900	1,158,200	953,500	942,900	993,400	984,300	1,035,300	897,700	810,400	848,900	821,600	912,300	628,900	0	0	0
Investing activities
Capital expenditures
137,300	0	82,400	1,100	-19,400	61,400	181,300	125,500	109,900	0	309,100	171,300	17,700	0	1,474,500	1,516,900	1,425,000	1,266,200	1,040,000	823,700	785,200	761,200	740,500	723,400	720,800	725,200	727,200	700,300	698,300	707,000	696,100	797,700	837,600	830,800	864,800	766,200	739,100	798,200	807,100	830,300	837,800	814,600	0	0	0
Acquisition of Upstream, net of cash and restricted cash acquired of $9.2
0	268,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of Bishop Hill III, net of restricted cash acquired of $4.5 million
-	-	-	-	-	162,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital contributions to transmission affiliates
52,200	52,600	47,100	43,000	44,100	53,500	90,000	91,500	94,800	109,600	78,500	80,700	60,900	42,300	30,200	18,200	16,400	8,700	8,200	7,800	10,500	13,100	13,100	13,200	13,100	10,500	10,500	14,300	14,400	15,700	13,100	8,600	6,600	6,600	7,900	5,900	3,900	5,200	11,700	18,300	23,500	25,900	0	0	0
Proceeds from the sale of assets
28,300	37,600	33,400	34,200	21,900	12,100	12,200	11,200	11,700	24,000	27,800	26,000	72,900	166,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of investments held in rabbi trust
17,100	200	102,200	102,200	102,200	118,600	16,700	16,600	16,600	8,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Withdrawal of restricted cash from Rabbi trust for qualifying payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,500	23,900	22,400	1,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from asset sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41,500	43,400	43,700	106,800	68,700	64,900	65,500	16,900	16,800	0	0	0
Proceeds from cash surrender value of life insurance
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-22,000	-42,800	-36,000	-27,600	-20,800	37,200	-17,200	-67,200	-105,500	-186,200	-174,300	-170,700	-177,600	-192,000	0	0	0
Other, net
-21,400	-16,500	-30,900	-33,100	-25,800	-20,500	-17,900	-14,800	-8,800	-12,000	-3,800	-5,800	-400	-3,000	-53,600	-55,600	-63,900	-57,000	5,200	-2,700	-7,800	-3,600	-11,600	-12,000	8,200	12,600	-5,300	24,600	24,200	20,100	46,500	45,000	41,400	42,500	61,700	64,500	76,100	85,000	90,500	94,200	97,400	104,400	0	0	0
Net cash used in investing activities
-2,351,300	-2,494,900	-2,398,900	-2,454,000	-2,555,200	-2,384,400	-2,408,300	-2,214,700	-2,356,800	-2,254,100	-2,078,400	-1,941,300	-1,498,900	-1,354,200	-1,263,200	-1,287,400	-2,549,600	-2,517,500	-2,323,800	-2,123,100	-774,000	-756,800	-729,900	-722,100	-739,600	-745,800	-783,000	-753,600	-744,500	-729,600	-733,600	-837,600	-878,500	-892,500	-873,800	-725,700	-606,800	-633,500	-670,100	-706,600	-764,200	-736,100	0	0	0
Financing activities
Exercise of stock options
50,400	67,000	81,300	74,100	59,600	29,100	19,100	20,300	27,000	30,800	26,800	22,200	26,100	41,600	44,100	52,900	43,100	30,100	45,000	44,900	43,500	50,300	37,500	25,400	36,400	48,500	47,200	51,900	64,200	49,800	65,300	63,400	54,300	54,400	49,300	77,300	84,000	90,900	80,500	53,900	33,900	17,000	0	0	0
Purchase of common stock
109,800	140,100	168,600	158,900	127,300	72,400	52,700	51,400	66,900	71,300	63,000	53,500	68,600	108,000	114,200	136,900	110,900	74,700	105,100	97,900	94,000	123,200	119,700	145,000	209,500	223,400	236,100	211,900	190,500	153,200	163,800	219,300	198,200	193,900	163,200	139,300	149,700	156,600	137,100	88,000	55,800	29,600	0	0	0
Dividends paid on common stock
757,800	744,500	732,700	720,900	709,300	697,300	687,100	676,900	666,600	656,500	648,700	640,800	632,800	624,900	613,100	577,300	516,300	455,400	398,900	366,500	359,200	352,000	350,600	349,300	339,200	328,900	311,200	293,600	285,000	276,300	267,400	258,800	250,300	242,000	228,700	215,000	201,000	187,000	179,700	172,400	165,100	157,800	0	0	0
Issuance of long-term debt
1,545,000	1,895,000	2,460,000	1,490,000	2,090,000	1,740,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	251,000	0	0	0	-	-	-	-	720,000	720,000	420,000	420,000	530,000	780,000	780,000	780,000	261,500	0	0	0
Retirement of long-term debt
360,800	360,100	364,900	289,200	954,000	953,300	822,000	821,300	155,100	154,500	79,400	78,800	178,600	306,000	756,000	759,800	659,700	529,600	29,400	24,800	324,700	324,300	355,000	397,800	397,600	397,200	366,200	320,800	20,800	20,300	20,200	19,700	469,600	466,600	466,500	485,100	35,000	291,700	309,000	431,300	431,100	221,100	0	0	0
Issuance of short-term loan
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in other short-term debt
-560,600	-609,300	-1,101,900	-107,300	534,700	-4,500	794,800	595,200	529,900	584,400	204,100	-153,000	-226,000	-234,800	127,900	101,500	19,000	163,000	-128,700	101,800	140,800	80,200	114,000	74,200	105,500	142,800	-91,400	-223,600	-240,600	-275,300	-43,500	17,100	275,800	12,000	-21,900	22,000	-196,500	-167,200	-419,400	-259,800	-313,300	222,800	0	0	0
Other, net
-21,400	-22,400	-25,900	-18,400	-18,500	-15,200	-8,200	-7,600	-6,200	-6,500	-4,500	-4,200	-24,000	-13,600	-11,100	-23,800	-12,900	-18,900	-14,300	2,500	11,400	12,800	7,400	4,000	8,900	11,200	11,600	11,000	8,300	700	2,900	3,900	5,700	4,800	4,400	10,600	11,200	9,000	7,400	1,300	-900	2,900	0	0	0
Net cash used in financing activities
27,600	85,600	147,300	269,400	285,400	26,400	68,900	-116,700	97,100	161,400	-154,700	-298,100	-703,900	-845,700	-675,100	-696,100	859,600	1,211,800	1,018,600	1,110,000	-332,200	-406,200	-416,400	-537,500	-544,500	-496,000	-443,300	-485,200	-412,600	-422,800	-426,700	-113,400	-282,300	-111,300	-106,600	-309,500	-67,000	-172,600	-177,300	-116,300	-152,300	95,700	0	0	0
Net change in cash, cash equivalents, and restricted cash
-23,400	-63,800	26,400	38,700	17,400	87,500	1,700	-6,300	-1,700	-14,100	-105,500	-92,800	-80,300	-96,100	2,800	-182,300	-30,500	-12,100	-66,500	181,000	37,600	35,900	70,200	12,400	2,900	-9,600	5,500	7,900	6,600	21,500	-2,100	2,500	-217,900	-10,400	3,900	100	223,900	4,300	1,500	-1,300	-4,200	-11,500	0	0	0