CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions |
6 Months Ended |
Jun. 30, 2016 |
Jun. 30, 2015 |
| Operating Activities: |
|
|
| Net Income |
$ 13.4
|
$ 15.3
|
| Adjustments to Reconcile Net Income to Cash Provided by Operating Activities: |
|
|
| Depreciation and Amortization |
23.5
|
22.7
|
| Deferred Tax Provision |
8.9
|
(0.7)
|
| Changes in Working Capital Items: |
|
|
| Accounts Payable |
(11.9)
|
(25.2)
|
| Accounts Receivable |
6.9
|
8.4
|
| Accrued Revenue |
6.5
|
19.9
|
| Exchange Gas Receivable |
3.1
|
7.8
|
| Regulatory Liabilities |
0.3
|
22.5
|
| Taxes Payable |
(2.0)
|
9.0
|
| Other Changes in Working Capital Items |
(3.8)
|
(3.2)
|
| Deferred Regulatory and Other Charges |
(7.7)
|
7.0
|
| Other, net |
3.0
|
6.9
|
| Cash Provided by Operating Activities |
40.2
|
90.4
|
| Investing Activities: |
|
|
| Property, Plant and Equipment Additions |
(39.6)
|
(38.4)
|
| Cash (Used in) Investing Activities |
(39.6)
|
(38.4)
|
| Financing Activities: |
|
|
| (Repayment of) Proceeds from Short-Term Debt, net |
12.2
|
(29.3)
|
| Repayment of Long-Term Debt |
(0.3)
|
(0.2)
|
| (Decrease) Increase in Capital Lease Obligations |
(1.3)
|
1.9
|
| Net Decrease in Exchange Gas Financing |
(2.7)
|
(7.5)
|
| Dividends Paid |
(10.0)
|
(9.8)
|
| Proceeds from Issuance of Common Stock, net |
0.7
|
0.6
|
| Cash (Used in) Financing Activities |
(1.4)
|
(44.3)
|
| Net (Decrease) Increase in Cash and Cash Equivalents |
(0.8)
|
7.7
|
| Cash and Cash Equivalents at Beginning of Period |
8.7
|
8.4
|
| Cash and Cash Equivalents at End of Period |
7.9
|
16.1
|
| Supplemental Cash Flow Information: |
|
|
| Interest Paid |
11.4
|
12.0
|
| Income Taxes Paid |
1.6
|
1.5
|
| Payments on Capital Leases |
1.7
|
0.3
|
| Non-cash Investing Activity: |
|
|
| Capital Expenditures Included in Accounts Payable |
$ 1.9
|
$ 1.0
|