v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOW FROM OPERATING ACTIVITIES:    
Net income (loss) $ 180,496 $ 71,587
Less: Loss from discontinued operations, net of income tax 0 (61,970)
Income from continuing operations, net of income tax 180,496 133,557
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 177,449 162,630
Deferred income taxes 62,219 76,117
Gains on sale of property and equipment 0 (1,604)
Share-based compensation expense 6,880 7,253
Equity AFUDC (4,482) (2,911)
Changes in current assets and liabilities:    
Accounts receivable, net of allowances 52,022 68,319
Accrued utility revenue 49,800 46,100
Deferred purchased gas costs (18,056) 120,709
Accounts payable (84,060) (68,915)
Accrued taxes (2,319) (21,136)
Other current assets and liabilities (87,009) (44,512)
Changes in deferred charges and other assets (1,360) (25,820)
Changes in other liabilities and deferred credits (23,356) (21,193)
Net cash provided by operating activities of continuing operations 308,224 428,594
Net cash used in operating activities of discontinued operations 0 (10,983)
Net cash provided by operating activities 308,224 417,611
CASH FLOW FROM INVESTING ACTIVITIES:    
Capital expenditures and property additions (529,116) (362,457)
Proceeds from the sale of property 0 5,306
Changes in customer advances 7,872 3,953
Other (333) (176)
Net cash used in investing activities of continuing operations (521,577) (353,374)
Net cash used in investing activities of discontinued operations 0 (42,641)
Net cash used in investing activities (521,577) (396,015)
CASH FLOW FROM FINANCING ACTIVITIES:    
Issuance of common stock, net 4,217 4,515
Dividends paid (91,513) (89,139)
Change in short-term portion of credit facility 0 (95,000)
Repayment of short-term debt 0 (325,000)
Withholding remittance - share-based compensation (5,303) (2,612)
Other, including principal payments on finance leases (175) (4,121)
Net cash used in financing activities of continuing operations (92,774) (511,357)
Net cash provided by financing activities of discontinued operations 0 481,349
Net cash used in financing activities (92,774) (30,008)
Effects of currency translation in discontinued operations 0 250
Change in cash and cash equivalents, including discontinued operations (306,127) (8,162)
Cash and cash equivalents, including discontinued operations, at beginning of period 576,645 363,789
Cash and cash equivalents, including discontinued operations, at end of period 270,518 355,627
SUPPLEMENTAL INFORMATION:    
Interest paid, net of amounts capitalized 87,500 137,866
Income taxes paid, net 507 13,069
Decrease of capital expenditures in Accounts payable or Other current liabilities (26,000) (5,783)
Equity AFUDC capitalized in regulated operations plant 4,482 2,911
Continuing Operations    
SUPPLEMENTAL INFORMATION:    
Interest paid, net of amounts capitalized 87,500 105,303
Income taxes paid, net 507 0
Decrease of capital expenditures in Accounts payable or Other current liabilities (26,000) (4,000)
Equity AFUDC capitalized in regulated operations plant 4,482 2,911
Discontinued Operations    
SUPPLEMENTAL INFORMATION:    
Interest paid, net of amounts capitalized 0 32,563
Income taxes paid, net 0 13,069
Decrease of capital expenditures in Accounts payable or Other current liabilities 0 (1,783)
Equity AFUDC capitalized in regulated operations plant $ 0 $ 0