v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities    
Net Income $ 65,003 $ 145,827
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 60,789 58,822
Deferred Tax Credits (166) (285)
Deferred Income Taxes (18,519) 6,149
Investment Losses (2,878) (2,741)
Stock Compensation Expense 8,526 7,396
Legal Settlement Expenses 103,500 0
Other, Net (4,810) (1,745)
Changes in Operating Assets and Liabilities:    
Receivables (53,538) (34,859)
Inventories (10,590) (131)
Regulatory Assets (4,837) (643)
Other Assets (2,771) 4,756
Accounts Payable 32,200 (6,477)
Accrued and Other Liabilities (8,402) (13,447)
Regulatory Liabilities 20,749 198
Pension and Other Postretirement Benefits (1,545) (3,441)
Net Cash Provided by Operating Activities 182,711 159,379
Investing Activities    
Capital Expenditures (324,755) (124,239)
Proceeds from Disposal of Noncurrent Assets 5,165 2,792
Purchases of Investments and Other Assets (7,015) (5,579)
Net Cash Used in Investing Activities (326,605) (127,026)
Financing Activities    
Net Repayments of Short-Term Debt (6,395) (69,615)
Proceeds from Issuance of Long-Term Debt 170,000 100,000
Dividends Paid (48,524) (44,023)
Payments for Shares Withheld for Employee Tax Obligations (3,974) (3,134)
Other, net (1,523) (2,991)
Net Cash Provided by (Used in) Financing Activities 109,584 (19,763)
Net Change in Cash, Cash Equivalents and Restricted Cash (34,310) 12,590
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 386,193 294,651
Cash, Cash Equivalents and Restricted Cash at End of Period 351,883 307,241
Supplemental Disclosure of Noncash Investing Activities    
Accrued Property, Plant and Equipment Additions $ 31,838 $ 13,576