v3.26.3
Idaho Power Company Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Net income $ 331,359 $ 280,396
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 210,989 190,260
Deferred income taxes and investment tax credits (7,707) (49,721)
Changes in regulatory assets and liabilities 33,208 92,160
Pension and postretirement benefit plan expense 33,742 33,911
Contributions to pension and postretirement benefit plans (26,815) (25,263)
Earnings of unconsolidated equity-method investments (4,268) (4,208)
Distributions from equity-method investments 900 4,250
Allowance for equity funds used during construction (56,705) (45,177)
Other non-cash adjustments to net income, net 9,137 6,534
Change in:    
Accounts receivable and unbilled receivables (108,949) (30,770)
Prepayments (5,697) (3,656)
Materials, supplies, and fuel stock (3,523) 7,759
Accounts and wages payable (34,167) (33,619)
Taxes accrued/receivable 36,761 52,568
Other assets and liabilities (29,777) (11,359)
Net cash provided by operating activities 378,488 464,065
Investing Activities:    
Additions to utility plant, net (1,177,826) (825,352)
Proceeds from Sale of Other Productive Assets 171,705 91,966
Proceeds from Sale of Intangible Assets 34,559 13,151
Other (9,015) (10,526)
Net cash used in investing activities (980,577) (730,761)
Financing Activities:    
Issuance of long-term debt 550,000 400,000
Discount on issuance of long-term debt (12,482) (3,072)
Retirement of long-term debt (116,300) (19,885)
Payments on finance lease liabilities (4,674) (2,368)
Dividends on common stock (149,007) (140,000)
Issuance of Common Stock 318,029 4,541
Tax withholdings on net settlements of share-based awards 6,118 3,303
Other (5,250) (4,873)
Net cash provided by financing activities 574,198 231,040
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation 27,891 35,656
Cash and cash equivalents at beginning of the period 215,718 368,865
Cash and cash equivalents at end of the period 187,827 333,209
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest (net of amount capitalized) 134,779 115,138
Non-cash investing and financing activities:    
Additions to utility plant in accounts payable 334,318 211,545
Right-of-use asset obtained in exchange for finance lease liability 0 226,618
Idaho Power Company    
Net income 326,071 273,121
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 210,534 189,807
Deferred income taxes and investment tax credits 5,305 (57,000)
Changes in regulatory assets and liabilities 33,208 92,160
Pension and postretirement benefit plan expense 33,742 33,911
Contributions to pension and postretirement benefit plans (26,815) (25,263)
Earnings of unconsolidated equity-method investments (2,650) (2,150)
Distributions from equity-method investments 0 3,350
Allowance for equity funds used during construction (56,705) (45,177)
Other non-cash adjustments to net income, net 420 (3,060)
Change in:    
Accounts receivable and unbilled receivables (110,211) (32,366)
Prepayments (5,712) (3,670)
Materials, supplies, and fuel stock (3,523) 7,759
Accounts and wages payable (90,975) (12,643)
Taxes accrued/receivable 82,567 57,562
Other assets and liabilities (29,639) (11,322)
Net cash provided by operating activities 365,617 465,019
Investing Activities:    
Additions to utility plant, net (1,177,537) (825,100)
Proceeds from Sale of Other Productive Assets 171,705 91,966
Proceeds from Sale of Intangible Assets 34,559 13,151
Other 2,106 3,470
Net cash used in investing activities (969,167) (716,513)
Financing Activities:    
Issuance of long-term debt 550,000 400,000
Discount on issuance of long-term debt (12,482) (3,072)
Retirement of long-term debt (116,300) (19,885)
Payments on finance lease liabilities (4,674) (2,368)
Dividends on common stock (149,078) (140,128)
Capital contribution from parent 376,775 0
Other (4,929) (4,450)
Net cash provided by financing activities 639,312 230,097
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation (35,762) 21,397
Cash and cash equivalents at beginning of the period 119,111 188,916
Cash and cash equivalents at end of the period 154,873 167,519
Supplemental Disclosure of Cash Flow Information:    
Cash paid for interest (net of amount capitalized) 134,561 114,854
Non-cash investing and financing activities:    
Additions to utility plant in accounts payable 334,318 211,545
Right-of-use asset obtained in exchange for finance lease liability $ 0 $ 226,618