7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 2005-06-30 2005-03-31 2004-12-31 2004-09-30 2004-06-30 2004-03-31 
      
    		                                                                               
      cash flows from operating activities
    		                                                                               
      net income
    		614,046,000 196,532,000 -338,000 628,551,000 229,279,000 21,168,000 514,498,000 111,978,000 1,009,000 520,512,000 189,880,000 21,262,000 604,054,000 259,950,000 40,514,000 584,570,000 233,325,000 34,866,000 488,959,000 171,810,000 22,791,000 30,949,000 319,885,000 26,502,000 280,945,000 172,317,000 28,185,000 58,119,000 267,900,000 126,182,000 9,326,000 45,978,000 261,978,000 127,507,000 20,727,000 9,535,000 248,086,000 141,384,000 24,691,000 32,814,000 234,718,000 139,598,000 32,836,000 30,671,000 252,863,000 130,111,000 -481,000 19,990,000 262,785,000 93,839,000 -9,674,000 12,501,000 239,039,000 119,566,000 -897,000 -29,990,000 186,070,000 68,195,000 -170,720,000 -38,850,000 151,586,000 133,862,000 -4,473,000 2,911,000 208,708,000 78,994,000 16,530,000 18,479,000 184,167,000 112,154,000 12,455,000 21,347,000 103,737,000 26,735,000 24,448,000 33,729,000 107,940,000 71,370,000 30,156,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                                               
      gain on sale relating to bce
    		   -22,988,000 -22,988,000 -22,988,000 -6,423,000                                                                         
      depreciation and amortization including nuclear fuel
    		731,643,000 492,225,000 250,651,000 711,587,000 465,546,000 226,413,000 636,224,000 416,652,000 208,772,000 612,958,000 405,127,000 203,639,000 532,341,000 350,536,000 176,409,000 515,742,000 343,173,000 173,168,000 500,801,000 332,185,000 167,801,000 161,094,000 164,311,000 164,922,000 154,422,000 143,424,000 147,861,000 142,160,000 140,560,000 141,532,000 140,759,000 143,543,000 145,903,000 140,724,000 141,494,000 124,765,000 125,351,000 123,977,000 122,394,000 114,351,000 128,489,000 125,138,000 124,344,000 120,692,000 120,827,000 121,256,000 118,487,000 123,677,000 124,407,000 122,402,000 123,298,000 122,045,000 120,798,000 115,842,000 114,122,000 110,628,000 113,593,000 108,866,000 110,073,000 106,603,000 108,011,000 104,937,000 104,418,000 101,582,000 103,421,000 100,174,000 98,719,000 98,695,000 99,202,000 93,791,000 95,072,000 89,414,000        
      allowance for equity funds used during construction
    		-45,687,000 -28,016,000 -13,249,000 -28,790,000 -19,202,000 -10,292,000 -40,071,000 -28,095,000 -15,061,000 -30,966,000 -21,833,000 -9,747,000 -30,549,000 -19,197,000 -9,207,000 -24,652,000 -16,508,000 -7,697,000 -24,677,000 -18,760,000 -11,188,000 -12,908,000 -12,259,000 -14,345,000 -12,728,000 -10,456,000 -9,482,000 -11,061,000 -10,194,000 -10,369,000 -10,516,000 -9,001,000 -7,645,000 -9,345,000 -9,224,000 -8,811,000               -5,395,000 -5,649,000 -5,524,000 -5,504,000 -5,389,000 -3,080,000 -2,197,000 -4,730,000 -4,992,000 -2,425,000 -4,673,000 -5,414,000 -6,124,000 -6,321,000 -5,235,000 -5,195,000 -4,444,000 -3,700,000 -3,178,000 -3,633,000 -3,801,000 -2,784,000 -2,852,000 -2,952,000 -2,603,000 -2,026,000 1,327,000 -2,184,000 -2,002,000 
      deferred income taxes
    		-9,629,000 1,439,000 795,000 -13,351,000 339,000 -23,297,000 -35,258,000 -35,808,000 -5,150,000 43,440,000 22,169,000 3,835,000 104,128,000 30,231,000 -11,077,000 91,077,000 22,229,000 -18,086,000 83,703,000 4,326,000 3,620,000 -216,000 83,860,000 36,915,000 116,884,000 84,008,000 10,357,000 11,955,000 129,034,000 62,413,000 3,468,000 68,748,000 102,694,000 58,399,000 6,978,000 22,246,000 104,166,000 23,801,000 8,810,000 -6,836,000 187,606,000 56,363,000 12,163,000 22,101,000 140,359,000   44,610,000 119,637,000 52,950,000 -41,005,000 -21,075,000 230,514,000 127,000 50,845,000 -49,025,000 76,929,000 81,489,000 -3,901,000 -70,543,000 74,318,000 199,030,000 -44,781,000 -104,050,000 49,356,000 9,419,000 -12,752,000 24,140,000 -12,883,000 14,724,000 1,757,000 27,239,000 -14,836,000 -31,928,000 -4,281,000 -146,408,000 8,704,000 14,794,000 9,060,000 
      deferred investment tax credit
    		-10,019,000 -3,301,000 36,000 -10,287,000 -4,082,000 -294,000 73,003,000 42,601,000 3,749,000 -7,152,000 -2,538,000 -319,000 -8,333,000 -3,651,000 -529,000 -8,541,000 -3,386,000 -465,000 -7,288,000 -2,656,000 -353,000 2,227,000 -4,619,000 -294,000 -1,099,000 -2,850,000 -344,000 29,424,000 -4,259,000 -1,969,000 -114,000 -1,069,000 11,760,000 -1,924,000 -294,000 1,040,000 -3,669,000   36,378,000 -3,995,000                                       
      stock compensation
    		21,252,000 12,356,000 7,160,000 16,940,000 10,622,000 5,935,000 12,304,000 7,225,000 3,635,000 12,824,000 7,872,000 5,338,000 16,708,000 13,484,000 11,337,000 12,119,000 9,130,000 6,282,000 16,486,000 13,725,000 12,074,000 3,407,000 2,951,000 3,949,000 3,662,000 2,894,000 9,997,000                                                     
      changes in current assets and liabilities:
    		                                                                               
      customer and other receivables
    		-253,215,000 -47,587,000 93,800,000 -330,867,000 -57,802,000 84,888,000 -214,291,000 -24,748,000 2,831,000 -213,181,000 -31,146,000 66,146,000 -110,584,000 -41,138,000 50,545,000 -118,998,000 7,767,000 25,575,000 -91,506,000 3,543,000 15,476,000 102,733,000 -46,531,000 113,123,000 -144,296,000 -109,631,000 47,007,000 75,419,000 -58,010,000 -67,180,000 47,282,000 85,044,000 -89,861,000 -56,576,000 39,174,000 96,381,000   25,986,000    3,931,000    52,264,000   -32,257,000 75,528,000 36,030,000 -96,840,000 -67,377,000 60,244,000 91,589,000 -116,744,000 -38,943,000 76,390,000 171,872,000 -53,711,000 -100,612,000 63,285,000 183,682,000 -142,757,000 -127,172,000 149,097,000 81,343,000 -71,390,000 -130,704,000 129,940,000 87,687,000 -164,132,000 -64,379,000 102,061,000 60,921,000 -104,780,000 -46,102,000 72,437,000 
      accrued unbilled revenues
    		-80,971,000 -95,424,000 134,000 -94,288,000 -147,165,000 1,074,000 -62,234,000 -51,976,000 21,488,000 -87,043,000 -100,543,000 1,215,000 -58,334,000 -91,721,000 10,163,000 -47,176,000 -63,413,000 34,731,000 -18,666,000 -56,487,000 23,093,000 59,203,000 11,514,000 39,542,000 61,727,000 -112,477,000 6,723,000 42,582,000 47,040,000 -107,776,000 6,445,000 66,029,000 22,947,000 -90,816,000 6,133,000 55,503,000   7,889,000    4,698,000    20,511,000    9,633,000 76,714,000 -17,565,000 -75,975,000 24,505,000                         
      materials, supplies and fossil fuel
    		-37,251,000 -25,497,000 -2,770,000 -34,493,000 -55,498,000 4,374,000 -43,193,000 -42,156,000 -14,392,000 -72,623,000 -34,315,000 -11,892,000 -46,744,000 -31,449,000 -4,801,000 6,843,000 10,295,000 5,445,000 -18,332,000 -21,287,000 -13,057,000 14,488,000 2,379,000 -4,802,000 3,556,000 -4,770,000 -667,000 2,947,000 -5,989,000 26,000 1,525,000 -1,408,000 -4,226,000 -8,316,000 -9,995,000 7,070,000               21,421,000 -6,735,000 5,434,000 7,337,000 6,240,000 4,520,000 4,847,000 -9,832,000 -11,796,000 -11,926,000 -9,539,000 7,430,000 -11,418,000 10,000 -6,291,000 -9,057,000 -14,438,000 -9,229,000 -445,000 -3,606,000 4,186,000 -1,255,000 192,000 -5,806,000 -9,967,000 -10,000 -129,000 -908,000 3,668,000 
      income tax receivable
    		   332,000 332,000 332,000 14,087,000 9,847,000 2,387,000 7,514,000 7,514,000 542,000 6,792,000 6,792,000 6,792,000 17,402,000 4,605,000 1,128,000 -14,063,000     0 4,073,000 5,458,000 -5,780,000 -3,751,000 0 4,637,000 -4,048,000 -589,000 0 3,317,000 -219,000 -3,098,000 0 4,647,000 130,870,000                                         
      deferred fuel and purchased power
    		-276,327,000 -95,850,000 -25,228,000 -244,109,000 -64,220,000 -33,094,000 -486,382,000 -191,304,000 -90,305,000 -228,483,000 -98,707,000 -6,110,000 -224,541,000 -135,905,000 -52,210,000 -82,679,000 -26,473,000 -5,785,000 -60,911,000 -16,702,000 16,709,000 4,209,000 -32,374,000 -5,057,000 -21,355,000 -21,005,000 -988,000 -14,118,000 -25,159,000 -22,033,000 1,007,000 15,134,000 -11,848,000 -5,960,000 17,671,000 -47,000 -28,195,000 -30,315,000 31,630,000 8,585,000 -23,090,000 4,989,000 31,194,000 20,040,000 -30,728,000 35,507,000 46,754,000 38,201,000 -33,714,000 14,732,000 49,947,000 43,611,000 -15,229,000 21,209,000 44,040,000 -4,999,000 -59,887,000 -15,094,000 28,238,000 24,591,000 -78,907,000 -35,589,000 9,722,000 6,929,000 -71,049,000 -105,723,000 -26,293,000 -21,461,000 -136,823,000 -80,027,000 -14,538,000 -29,950,000        
      deferred fuel and purchased power amortization
    		358,871,000 201,035,000 84,789,000 340,030,000 204,748,000 108,552,000 420,277,000 218,586,000 80,904,000 171,607,000 96,842,000 39,442,000 25,195,000 10,828,000 -564,000 -9,295,000 -4,815,000 -1,808,000 38,601,000 23,307,000 12,872,000 24,353,000 41,546,000 3,386,000 -4,490,000 -9,491,000 -4,172,000 9,786,000 14,588,000 11,390,000 2,388,000 -17,667,000 7,860,000 5,810,000 5,614,000 9,033,000 13,325,000 10,377,000 8,022,000 8,032,000 12,237,000 9,799,000 1,122,000        -31,238,000 -26,555,000 -40,432,000 -29,541,000 -25,953,000 31,804,000 49,051,000 37,202,000 28,961,000 25,127,000 43,734,000 63,556,000 50,709,000 32,429,000 57,752,000 72,159,000 68,766,000 70,210,000 102,471,000           
      other current assets
    		-5,803,000 -41,851,000 -15,008,000 -26,062,000 -53,124,000 -32,306,000 -11,585,000 -35,609,000 -8,110,000 54,272,000 5,195,000 13,347,000 -19,129,000 -14,021,000 -9,042,000 -20,527,000 -24,896,000 -20,202,000 -10,104,000 -16,121,000 -10,115,000 10,183,000 12,592,000 11,463,000 1,375,000 -6,065,000 -17,353,000 -11,659,000 -6,016,000 2,482,000 -8,131,000 1,151,000 10,722,000 903,000 -9,631,000 8,812,000               -636,000 18,482,000 560,000 -4,960,000 -8,836,000 -35,494,000 27,740,000 -721,000 -711,000 -17,172,000 3,375,000 23,042,000 -511,000 -23,391,000 9,541,000 -715,000 4,525,000 -5,621,000 12,488,000 11,343,000 -7,537,000 5,535,000 -719,000 -22,766,000 -10,265,000 -6,719,000 4,617,000 27,495,000 -398,000 
      accounts payable
    		80,810,000 127,970,000 56,010,000 24,958,000 99,513,000 23,799,000 -79,603,000 -2,051,000 -69,576,000 137,433,000 104,849,000 -13,873,000 19,005,000 66,558,000 24,465,000 -6,400,000 17,772,000 -5,192,000 33,899,000 65,874,000 26,593,000 -3,203,000 -48,013,000 489,000 -46,029,000 -376,000 22,147,000 -9,680,000 -104,858,000 86,064,000 -38,443,000 18,981,000 -89,881,000 72,307,000 -35,673,000 6,818,000 -37,896,000   710,000 -40,859,000 73,638,000 11,925,000     29,006,000 -8,477,000 62,360,000 -24,543,000 -27,562,000 -8,626,000 68,647,000 -23,334,000 8,595,000 13,788,000 28,379,000 -78,090,000 -58,868,000 -10,172,000 84,157,000 -84,556,000 7,453,000 -35,813,000 111,141,000 -124,785,000 23,553,000 21,935,000 33,034,000 -124,577,000 -13,897,000 114,804,000 72,168,000 -179,467,000 60,874,000 48,168,000 40,967,000 -52,008,000 
      accrued taxes
    		172,513,000 29,597,000 56,520,000 174,807,000 34,381,000 58,018,000 101,022,000 -644,000 50,044,000 117,044,000 13,282,000 53,847,000 93,953,000 23,486,000 53,985,000 76,459,000 6,588,000 49,833,000 66,111,000 4,102,000 45,130,000 -72,027,000 70,484,000 -79,845,000 78,082,000 -31,961,000 43,706,000 -80,478,000 74,358,000 -36,722,000 43,289,000 -112,079,000 94,867,000 -32,912,000 48,111,000 -109,319,000 88,225,000 -17,430,000 48,139,000 -52,860,000                  -87,908,000 -81,846,000     6,557,000    -152,466,000 80,063,000 12,361,000 37,713,000 -94,229,000 67,585,000 38,500,000 31,768,000 74,202,000 82,702,000 -14,953,000 33,891,000 
      other current liabilities
    		23,463,000 1,182,000 -41,391,000 74,177,000 -11,061,000 -55,343,000 18,074,000 -62,354,000 -84,239,000 12,575,000 -7,316,000 -40,211,000 -26,491,000 -39,638,000 -46,028,000 6,946,000 -45,334,000 -63,096,000 -68,927,000 -61,270,000 -86,250,000 15,322,000 3,442,000 15,218,000 48,714,000 57,023,000 -101,801,000 41,977,000 -66,295,000 91,952,000 -38,040,000 -16,349,000 30,090,000 43,609,000 -56,747,000 -30,515,000 28,429,000       6,798,000 16,264,000   -9,942,000 26,333,000 41,373,000 -37,406,000 -5,785,000 33,708,000 13,863,000 -36,582,000 3,466,000 33,785,000 12,767,000 -20,744,000 -84,568,000 90,662,000 -54,430,000 30,057,000 -33,516,000 -7,918,000 42,849,000 21,242,000 -13,884,000 29,893,000 -19,186,000 24,940,000 -250,008,000 138,476,000 70,117,000 42,982,000 6,046,000 -4,216,000 10,740,000 21,099,000 
      change in long-term regulatory assets
    		72,050,000 38,992,000 17,614,000 32,132,000 18,183,000 9,850,000                                                                          
      change in long-term regulatory liabilities
    		46,167,000 44,860,000 12,033,000 43,448,000 -4,637,000 16,493,000                                                                          
      change in other long-term assets
    		-222,252,000 -140,504,000 -45,413,000 -126,379,000 -43,489,000 -19,571,000 -71,897,000 -104,581,000 -58,036,000 208,599,000 174,013,000 52,153,000 -177,566,000 -118,036,000 -36,777,000 -10,152,000 -4,885,000 81,143,000 -52,276,000 -82,850,000 -65,470,000 63,896,000 -10,139,000 -8,517,000 -10,801,000 -12,326,000 -36,836,000 -574,000 -18,488,000 -23,597,000 -17,504,000 -12,616,000 19,859,000 9,615,000 -14,432,000 -9,339,000               -33,129,000 8,470,000 -46,117,000 20,361,000 -25,903,000 26,000 -39,900,000 -16,922,000 8,897,000 -5,048,000 2,064,000 -7,057,000 16,145,000 -12,487,000 50,015,000 -8,238,000 -11,900,000 26,939,000 -11,141,000 6,779,000 -2,247,000 -18,792,000 -23,018,000 1,146,000 4,871,000 -14,259,000 -4,751,000 -10,511,000 -10,189,000 
      change in operating lease assets
    		131,272,000 138,439,000 3,889,000 94,768,000 19,785,000 -8,416,000 89,836,000 17,998,000 -8,920,000 98,081,000 29,759,000 324,000                                                                    
      change in other long-term liabilities
    		153,248,000 -56,639,000 -40,427,000 49,694,000 -45,456,000 -17,489,000 75,541,000 162,181,000 138,649,000 -235,986,000 -184,626,000 -47,883,000 -39,392,000 45,241,000 -1,963,000 -210,719,000 -96,142,000 -106,212,000 -27,049,000 3,195,000 13,706,000 23,453,000 5,735,000 -4,800,000 -38,459,000 11,675,000 1,604,000 -57,954,000 -33,850,000 4,475,000 4,536,000 27,766,000 -75,914,000 -42,072,000 8,261,000 -24,088,000      -16,151,000 37,904,000 -7,380,000 32,146,000 -17,327,000 22,362,000 -16,081,000 16,817,000 22,327,000 35,421,000 -72,909,000 23,379,000 -12,376,000 -39,550,000 -5,021,000 -34,827,000 29,617,000 17,281,000 24,273,000 -45,637,000 34,377,000 11,738,000 -7,684,000 30,443,000 14,708,000 9,695,000 -31,472,000 34,249,000 8,462,000 12,169,000 -15,518,000 55,986,000 30,924,000 3,181,000 -1,126,000 10,776,000 21,350,000 1,075,000 
      change in operating lease liabilities
    		-135,866,000 -86,632,000 2,288,000 -89,479,000 -16,866,000 9,547,000 -68,834,000 30,082,000 51,129,000 -98,343,000 -27,622,000 953,000                                                                    
      net cash from operating activities
    		1,328,315,000 663,326,000 401,895,000 1,170,331,000 537,138,000 347,353,000 833,899,000 437,613,000 211,605,000 1,031,914,000 588,286,000 340,608,000 660,513,000                                                                   
      cash flows from investing activities
    		                                                                               
      capital expenditures
    		-1,955,102,000 -1,332,068,000 -622,552,000 -1,717,571,000 -1,051,725,000 -517,756,000 -1,314,529,000 -918,195,000 -445,171,000 -1,276,861,000 -843,219,000 -391,583,000 -1,006,431,000 -681,148,000 -363,775,000 -971,052,000 -676,973,000 -340,014,000 -857,883,000 -541,401,000 -259,792,000 -279,714,000 -218,506,000 -381,021,000 -334,127,000 -344,802,000 -348,824,000 -260,562,000 -283,301,000 -353,109,000 -378,500,000 -297,387,000 -247,665,000 -279,994,000 -251,041,000 -291,976,000               -191,553,000 -195,667,000 -174,128,000 -176,025,000 -202,554,000 -206,114,000 -164,813,000 -200,668,000 -193,014,000 -227,892,000 -230,416,000 -229,005,000 -248,264,000 -208,226,000 -272,571,000 -231,701,000 -206,083,000 -203,409,000 -170,575,000 -196,428,000 -167,367,000 -162,258,000 -168,394,000 -181,760,000 -121,120,000  -103,803,000 -137,721,000 -115,183,000 
      free cash flows
    		-626,787,000 -668,742,000 -220,657,000 -547,240,000 -514,587,000 -170,403,000 -480,630,000 -480,582,000 -233,566,000 -244,947,000 -254,933,000 -50,975,000 -345,918,000                                                                   
      contributions in aid of construction
    		166,198,000 107,716,000 51,244,000 235,861,000 144,329,000 69,047,000 112,762,000 60,118,000 25,165,000 103,366,000 68,879,000 28,262,000 67,278,000 32,104,000 15,296,000 41,457,000 31,295,000 3,152,000 34,121,000 18,909,000 7,938,000 5,105,000 3,272,000 -1,216,000 6,892,000 12,057,000 5,975,000 24,941,000 10,228,000 16,663,000 12,464,000 12,564,000 -7,028,000 13,788,000 27,222,000 11,788,000 -4,109,000 4,910,000 7,736,000 6,180,000 13,674,000 6,324,000 14,912,000 8,425,000 15,651,000 11,929,000 13,871,000 1,745,000 14,446,000 12,769,000 9,136,000 7,496,000 10,095,000 12,214,000 2,949,000 36,132,000 -15,978,000 14,609,000 18,762,000 19,342,000 17,980,000 12,930,000 10,040,000                 
      proceeds from sale relating to bce
    		   64,322,000 47,778,000 38,681,000 17,500,000                                                                         
      allowance for borrowed funds used during construction
    		-35,640,000 -21,661,000 -10,102,000 -36,078,000 -24,177,000 -13,141,000 -34,131,000 -25,039,000 -12,722,000 -18,381,000 -10,111,000 -4,422,000 -15,466,000 -10,193,000 -4,994,000 -13,488,000 -8,825,000 -4,076,000 -14,645,000 -11,159,000 -6,665,000 -6,221,000 -5,913,000 -6,734,000 -6,000,000 -4,906,000 -4,472,000 -5,122,000 -4,320,000 -5,301,000 -5,227,000 -4,203,000 -3,518,000 -4,322,000 -4,216,000 -4,418,000               -3,576,000 -4,225,000 -6,158,000                           
      proceeds from nuclear decommissioning trusts sales and other special use funds
    		1,375,159,000 919,644,000 485,814,000 1,140,371,000 772,375,000  1,165,668,000 567,528,000 226,626,000 911,003,000 692,186,000 361,754,000 797,179,000 587,842,000                                                                  
      investment in nuclear decommissioning trusts and other special use funds
    		-1,378,379,000 -920,785,000 -486,385,000 -1,150,541,000 -772,359,000  -1,181,386,000 -568,668,000 -227,196,000 -929,965,000 -692,811,000 -361,809,000 -815,193,000 -588,982,000                                                                  
      other
    		-5,350,000 -6,178,000 -4,134,000 -5,687,000 -3,335,000 -939,000 -1,788,000 485,000 -19,941,000 -11,057,000 -9,174,000 -6,543,000 10,321,000 10,809,000 5,974,000 3,944,000 3,123,000 349,000 8,971,000 7,153,000 4,576,000 1,892,000 4,348,000 1,213,000 -18,164,000 -1,334,000 -793,000 -298,000 -17,046,000 -835,000 -472,000 -354,000 -762,000 -1,598,000 -470,000 8,000 337,000 1,000 1,000 -513,000 17,000   -15,000 25,000      -1,879,000 -1,045,000 5,771,000 5,489,000 -1,639,000 -3,263,000 -2,394,000 -511,000 1,501,000 -111,000 3,651,000 1,007,000 970,000 1,203,000 -29,000 -2,355,000 -626,000 -1,517,000 -3,864,000 3,102,000 -1,484,000  -7,780,000 -11,464,000 6,138,000 -10,804,000 3,505,000 -8,086,000 -4,194,000 
      net cash from investing activities
    		-1,833,114,000 -1,253,332,000 -586,115,000 -1,469,323,000 -887,114,000 -424,092,000 -1,235,904,000 -883,771,000 -453,239,000 -1,221,895,000 -794,250,000 -374,341,000 -962,312,000                                                                   
      cash flows from financing activities
    		                                                                               
      issuance of long-term debt
    		1,742,754,000 795,404,000  1,313,229,000 1,313,229,000  689,349,000 689,247,000 185,136,000 455,628,000 325,802,000 312,052,000 596,999,000 150,000,000 150,000,000 1,483,822,000 1,088,886,000  794,981,000 497,324,000 497,324,000 150,000,000  298,761,000 297,843,000 -3,806,000 255,441,000 0 247,218,000   242,415,000 0 350,000,000 250,000,000 157,000,000 38,151,000 285,975,000 250,000,000 0 0 32,000,000 104,307,000 125,000,000 0 32,000,000 319,081,000 0 295,353,000 0 175,000,000     -113,000 26,952,000 340,947,000 499,683,000 8,384,000 25,423,000 19,437,000 43,690,000 49,250,000 48,261,000 79,803,000 53,257,000 54,353,000 447,299,000 49,136,000 206,848,000 177,000,000 247,812,000 500,004,000 163,999,000  25,000 297,268,000 179,000,000 
      repayment of long-term debt
    		-800,000,000 -800,000,000  -675,000,000 -675,000,000  -32,740,000   -150,000,000 -150,000,000 -150,000,000    -800,000,000 -800,000,000 -150,000,000 -500,000,000 -500,000,000 -500,000,000 -100,000,000 0     -16,870,000 -276,710,000   -70,723,000 0   -148,995,000               -175,170,000 -22,043,000 -69,308,000        -32,329,000 -118,172,000 -29,295,000 -42,360,000 -50,899,000 -29,496,000 -39,305,000 -143,064,000 -31,251,000 -313,962,000 -39,587,000 -553,871,000 -303,490,000 -165,868,000 -264,805,000 -729,000 -455,000 -1,343,000 -601,488,000 
      short-term borrowing and (repayments) - net
    		107,250,000 436,549,000 301,747,000 14,000,000 -78,050,000 184,000,000 56,400,000 -35,370,000 156,830,000 174,820,000  -29,050,000 -25,000,000                                                                   
      short-term debt borrowings under term loan facility
    		400,000,000 400,000,000  350,000,000 350,000,000                                                                           
      short-term debt repayments under term loan facility
    		-400,000,000   -350,000,000 -350,000,000                                                                           
      dividends paid on common stock
    		-315,463,000 -210,150,000 -104,934,000 -294,589,000 -196,296,000 -98,082,000 -288,456,000 -192,235,000 -96,078,000 -282,838,000 -188,542,000 -94,265,000 -275,329,000 -183,500,000 -91,721,000 -258,924,000 -172,566,000 -86,257,000 -243,116,000 -161,979,000 -80,897,000 -80,855,000 -76,095,000 -75,866,000 -71,407,000 -71,343,000 -71,177,000 -71,114,000 -67,780,000 -67,724,000 -67,611,000 -67,561,000 -64,225,000 -64,180,000 -64,061,000 -58,893,000               -55,300,000 -55,257,000 -55,200,000 -55,101,000 -51,421,000 -51,336,000 -51,301,000 -51,243,000 -51,196,000 -45,770,000 -52,885,000 -52,833,000 -52,759,000 -52,701,000 -52,662,000 -52,615,000 -52,495,000 -52,344,000 -49,649,000 -49,619,000 -49,608,000 -49,443,000 -46,870,000 -46,698,000 -43,666,000 -43,487,000 -41,093,000 -41,112,000 -41,080,000 
      common stock equity issuance and (purchases) - net
    		9,419,000 -6,166,000 -6,381,000 -3,804,000 -4,227,000 -4,500,000                                                                          
      palo verde sale leaseback noncontrolling interest acquisition
    		-198,744,000                                                                               
      capital activities by noncontrolling interests
    		-13,370,000 -10,628,000                                                                              
      net cash from financing activities
    		531,846,000 605,009,000 190,429,000 343,208,000 349,028,000 81,418,000 412,281,000 448,984,000 243,753,000 187,044,000 225,184,000 37,732,000 267,519,000                                                                   
      net increase in cash and cash equivalents
    		27,047,000 15,003,000 6,209,000 44,216,000 -948,000 4,679,000 10,276,000 2,826,000 2,119,000  19,220,000 3,999,000 -34,280,000  -42,766,000 171,643,000  52,856,000 24,086,000  343,000 -59,225,000  3,218,000 5,721,000   -39,386,000 5,227,000 28,556,000 -25,004,000 26,481,000 -550,000 1,893,000 4,060,000    93,895,000  107,654,000          4,005,000 -85,727,000    44,554,000 83,229,000   717,000 7,980,000 79,015,000 -38,788,000    34,043,000 -41,012,000 112,614,000 -299,247,000 160,852,000 -717,250,000 570,850,000 128,287,000 8,750,000 -117,848,000 107,115,000   
      cash and cash equivalents at beginning of period
    		3,838,000 3,838,000 3,838,000 4,955,000 4,955,000 4,955,000 4,832,000 4,832,000 4,832,000 9,969,000 9,969,000 9,969,000 59,968,000 59,968,000 59,968,000 10,283,000 10,283,000 10,283,000 5,766,000 5,766,000 5,766,000  0  0 0 8,881,000  0 0 39,488,000  0 0 7,604,000  0 0 9,526,000  0 0 26,202,000  0 0 33,583,000  0 0 110,188,000  0 0 145,378,000  0 0 105,245,000  0 0 56,321,000  0 0 87,210,000  0 0 154,003,000  0 0 163,366,000  -5,867,000 0 228,779,000 
      cash and cash equivalents at end of period
    		30,885,000 18,841,000 10,047,000 49,171,000 4,007,000 9,634,000 15,108,000 7,658,000 6,951,000 7,032,000 29,189,000 13,968,000 25,688,000 14,146,000 17,202,000 181,926,000 6,763,000 63,139,000 29,852,000 1,648,000 6,109,000  61,152,000  5,721,000 1,925,000 3,028,000  5,227,000 28,556,000 14,484,000  -550,000 1,893,000 11,664,000  1,310,000 -94,260,000 103,421,000  107,654,000 2,694,000 25,109,000  68,251,000 -9,482,000 20,710,000  472,438,000 -21,919,000 114,193,000  145,413,000 46,974,000 3,528,000  83,229,000 -15,209,000 32,804,000  7,980,000 79,015,000 17,533,000  20,442,000 -97,781,000 121,253,000  112,614,000 -299,247,000 314,855,000  570,850,000 128,287,000 172,116,000  101,248,000 252,622,000 19,194,000 
      balance, june 30, 2025
    		119,472,939,000 119,472,939,000                                                                              
      other comprehensive income
    		                                                                               
      issuance of common stock
    		263,586,000 27,640,000  24,163,000 24,914,000  27,273,000 27,427,000  30,679,000 30,350,000  32,418,000 28,138,000  32,499,000 27,514,000  42,156,000 21,273,000  21,828,000                                                          
      deconsolidation of noncontrolling interests
    		                                                                               
      balance, september 30, 2025
    		119,736,525,000                                                                               
      balance, march 31, 2025
    		 119,445,299,000                                                                              
      other comprehensive loss
    		                                                                               
      dividends on common stock
    		                                                                               
      change in derivative instruments fair value
    		      -778,000 -239,000 786,000               -119,000 -32,000 -121,000 -101,000 -125,000 -41,000 -126,000 -111,000 -120,000 -36,000 -121,000 -104,000 39,000 251,000   -3,000 188,000 16,000 333,000                                     
      proceeds from nuclear decommissioning trust sales and other special use funds
    		     443,870,000         379,978,000 607,885,000 391,859,000 195,087,000 520,996,000 309,354,000 179,048,000 209,818,000 184,814,000                                                         
      investment in nuclear decommissioning trust and other special use funds
    		     -443,854,000         -380,548,000 -624,249,000 -393,000,000 -195,658,000 -523,573,000 -310,494,000 -179,618,000 -210,388,000 -202,235,000                                                         
      short-term borrowings and (repayments) — net
    		                                                                               
      common stock equity issuance and purchases — net
    		                                                                               
      cash and cash equivalents at beginning of year
    		                                                                               
      cash and cash equivalents at end of year
    		                                                                               
      balance, december 31, 2021
    		                                                                               
      purchase of treasury stock
    		                                                                               
      reissuance of treasury stock for stock-based compensation and other
    		                                                                               
      balance, december 31, 2022
    		                                                                               
      balance, december 31, 2023
    		                                                                               
      balance, december 31, 2024
    		                                                                               
      distributions to noncontrolling interests for capital activities
    		   -10,628,000 -10,628,000                                                                           
      balance, june 30, 2024
    		   113,711,763,000 113,711,763,000                                                                           
      balance, september 30, 2024
    		   113,735,926,000                                                                            
      balance, march 31, 2024
    		    113,686,849,000                                                                           
      short-term debt repayments under revolving credit facility
    		            -19,000,000 -19,000,000 -4,000,000      -5,000,000 -25,000,000 -7,000,000                                                         
      distributions to noncontrolling interests
    		      -10,628,000 -10,627,000  -10,628,000 -10,628,000  -10,628,000 -10,628,000  -11,372,000 -11,372,000  -11,372,000 -11,372,000  -11,372,000 0 -11,372,000 0   -11,372,000 0       -4,613,000                                            
      balance, december 31, 2020
    		                                                                               
      change in margin and collateral accounts - assets
    		      -418,000 28,000 11,000 8,832,000                                                                      
      common stock equity issuances and (purchases) - net
    		      -1,644,000 -2,031,000 -2,135,000   -1,005,000 477,000                                                                   
      balance, june 30, 2023
    		      113,386,894,000 113,386,894,000                                                                        
      balance, september 30, 2023
    		      113,414,167,000                                                                         
      balance, march 31, 2023
    		       113,359,467,000                                                                        
      capital activities by noncontrolling activities
    		                                                                               
      change in margin and collateral accounts — assets
    		          40,430,000 8,600,000          731,000 332,000 1,526,000 -1,755,000 -59,000 -12,000 156,000 551,000 -715,000 681,000 967,000 3,261,000 -4,276,000 -276,000 132,000       933,000 236,000 1,856,000   -242,000 12,406,000 16,965,000 4,220,000 -5,601,000 -4,992,000 11,936,000 -11,280,000   21,019,000 -23,476,000                     
      change in margin and collateral accounts — liabilities
    		                     -1,229,000 100,000 1,092,000 3,075,000   -350,000 75,000 17,600,000 410,000 -7,902,000 3,825,000 40,273,000 -13,420,000 -4,100,000    -2,645,000 400,000 -9,605,000 24,205,000 23,206,000 44,977,000   -56,054,000 46,218,000 4,089,000 35,478,000 55,410,000 -53,031,000 33,801,000 -124,495,000   70,157,000 -162,013,000                     
      change in unrecognized tax benefits
    		                     0  0    0    -1,052,000    1,034,000            -3,713,000 -6,836,000 0 18,959,000 -972,000 -10,019,000 -568,000 -62,062,000 45,178,000 78,334,000 15,436,000 -1,050,000 12,518,000 8,268,000 -128,560,000 13,223,000                 
      short-term debt borrowings under revolving credit facility
    		                     0 0   9,000,000 8,000,000                                                     
      balance, december 31, 2019
    		                                                                               
      common stock equity issuances and (purchases) -net
    		         62,000                                                                      
      net decrease in cash and cash equivalents
    		         -2,937,000    -45,822,000   -3,520,000   -4,118,000       -5,853,000                           46,974,000 -141,850,000    -72,441,000     12,407,000 20,442,000              -209,585,000 
      balance, july 1, 2022
    		         113,078,049,000                                                                      
      balance, september 30, 2022
    		         113,108,728,000                                                                      
      short-term borrowing and (repayments) — net
    		          249,000,000   354,700,000 49,750,000                                                                 
      common stock equity issuances and (purchases) — net
    		          -448,000                                                                     
      balance, april 1, 2022
    		          113,047,699,000                                                                     
      balance, june 30, 2022
    		          113,078,049,000                                                                     
      balance, december 31, 2018
    		                                                                               
      balance, july 1, 2021
    		            112,819,703,000                                                                   
      balance, september 30, 2021
    		            112,852,121,000                                                                   
      net cash flow provided by operating activities
    		             312,350,000 202,012,000 772,019,000 369,032,000 183,628,000 834,761,000 345,934,000 173,432,000 317,381,000 563,961,000 346,112,000 481,362,000 150,511,000 140,051,000 258,340,000 342,575,000 278,266,000 144,209,000 272,954,000 427,079,000 250,146,000 144,148,000 212,709,000 421,852,000 215,909,000 249,157,000 270,977,000 428,074,000 242,099,000 212,157,000 241,651,000 470,836,000 343,300,000 115,335,000 205,077,000 484,227,000 192,783,000 243,496,000 180,957,000 368,086,000   270,095,000 568,572,000 248,564,000 -56,166,000 29,627,000 105,105,000 433,304,000 245,532,000 180,462,000 187,154,000 75,739,000 214,581,000 110,279,000 226,998,000 53,168,000 3,057,000 -156,713,000 552,863,000 138,195,000 195,951,000 211,633,000 246,394,000 157,672,000 226,381,000 
      net cash flow used for investing activities
    		             -649,568,000 -348,069,000 -955,503,000 -652,521,000 -341,160,000 -832,013,000 -527,638,000 -254,513,000 -279,508,000 -234,220,000 -388,898,000 -351,399,000 -339,556,000 -348,684,000 -241,612,000 -295,009,000 -343,152,000 -372,305,000 -293,445,000 -263,285,000 -276,686,000 -232,817,000 -288,911,000               -192,795,000 -198,681,000 -99,350,000 -67,441,000 -210,428,000 -168,346,000 4,766,000 -359,304,000 -182,033,000 -218,073,000 -217,947,000 -131,021,000 -248,118,000 -195,293,000 -249,605,000   -8,403,000 -386,419,000   -100,657,000 164,208,000 -608,762,000 -39,881,000 -279,697,000 -71,536,000 -56,565,000 -124,155,000 
      common stock equity issuance — net of purchases
    		             -176,000 -738,000                                                                 
      net cash flow provided by financing activities
    		             291,396,000 103,291,000 355,127,000 279,969,000 210,388,000 21,338,000 177,586,000 81,424,000 -97,098,000 -268,589,000 46,004,000 -124,242,000 190,970,000 202,780,000 -56,114,000 -42,339,000 93,442,000 203,092,000   28,433,000 92,729,000    53,246,000        106,891,000    -46,696,000   -100,674,000 82,253,000   95,531,000 165,758,000 189,163,000 120,822,000 -223,268,000 -36,202,000 27,238,000 82,893,000 70,935,000 3,463,000 -142,888,000 272,035,000 -146,807,000 126,098,000  -146,221,000   -49,784,000 -67,743,000 151,515,000 -311,811,000 
      balance, april 1, 2021
    		             112,791,565,000                                                                  
      balance, june 30, 2021
    		             112,819,703,000                                                                  
      balance, december 31, 2017
    		                                                                               
      reclassification of income tax effects related to new tax reform
    		                                                                               
      short-term borrowing and payments — net
    		               -42,750,000 184,225,000 -76,675,000 -6,025,000 363,973,000 172,650,000  -481,049,000  -356,600,000 265,703,000 22,097,000  53,160,000                                                   
      short-term debt borrowings
    		               751,690,000 751,690,000 751,690,000 49,000,000 49,000,000                                                            
      short-term debt repayments
    		               -765,690,000 -758,690,000 -226,690,000 -62,000,000 -57,000,000                                                            
      common stock equity issuance - net of purchases
    		               -1,649,000 -2,204,000 -1,680,000 -130,000 -2,360,000 -2,653,000  310,000  -78,000 2,788,000 -11,580,000  1,773,000 1,115,000 8,902,000                                                 
      balance, july 1, 2020
    		               112,591,124,000                                                                
      balance, september 30, 2020
    		               112,623,623,000                                                                
      balance, april 1, 2020
    		                112,563,610,000                                                               
      balance, june 30, 2020
    		                112,591,124,000                                                               
      common stock equity issuance and purchases - net
    		                                                                               
      balance, december 31, 2016
    		                                                                               
      balance, july 1, 2019
    		                  112,361,595,000                                                             
      balance, september 30, 2019
    		                  112,403,751,000                                                             
      balance, april 1, 2019
    		                   112,340,322,000                                                            
      balance, june 30, 2019
    		                   112,361,595,000                                                            
      balance, december 31, 2015
    		                                                                               
      stock compensation cumulative effect adjustments
    		                                                                               
      net capital activities by noncontrolling interests
    		                                                                               
      balance, january 1, 2017
    		                                                                               
      balance, september 30, 2017
    		                                                                               
      balance, january 1, 2018
    		                                                                               
      balance, september 30, 2018
    		                                                                               
      proceeds from nuclear decommissioning trust sales
    		                       190,386,000 76,496,000 124,238,000 151,126,000 185,991,000 156,825,000 148,785,000 141,809,000 148,509,000 104,525,000 110,497,000 115,282,000 86,919,000 70,052,000 96,067,000 103,157,000 82,081,000 109,948,000 118,756,000 135,240,000 122,477,000 83,988,000 119,091,000 92,047,000 92,143,000 106,037,000 110,282,000 189,318,000 136,214,000 94,459,000 171,348,000 158,448,000 70,843,000 125,541,000 115,042,000 129,816,000 61,913,000 67,395,000 121,134,000 67,177,000 56,012,000 69,551,000 69,973,000 63,490,000 83,824,000 55,952,000 81,132,000 33,743,000         
      investment in nuclear decommissioning trust
    		                       -191,526,000 -76,496,000 -124,809,000 -151,696,000 -186,562,000 -157,395,000 -149,355,000 -142,379,000 -152,574,000 -108,837,000 -115,057,000 -119,594,000 -91,232,000               -194,241,000 -142,318,000 -100,563,000 -177,452,000 -164,552,000 -76,290,000 -130,989,000 -120,490,000 -135,264,000 -67,098,000 -72,581,000 -126,320,000 -72,362,000 -61,198,000 -74,736,000 -75,159,000 -68,675,000   -86,317,000 -38,929,000         
      short-term borrowings under revolving credit facility
    		                                                                               
      short-term borrowings and payments — net
    		                              261,800,000 -57,000,000 -100,500,000 113,000,000 -102,900,000 128,250,000 -157,500,000         -107,600,000 216,600,000    700,000 16,600,000 -4,616,000 -285,000,000 135,901,000  -248,246,000 -16,507,000 -263,464,000  175,096,000 -76,175,000 1,965,000          -36,228,000 24,031,000 -7,778,000     
      change in long-term income tax receivable
    		                                       0                                        
      common stock equity issuance
    		                                382,000 2,471,000 9,690,000 428,000 2,235,000 3,235,000 9,390,000 6,923,000 645,000 310,000 9,441,000 6,271,000 815,000 4,580,000 4,289,000 888,000 433,000 2,793,000 11,727,000 815,000 544,000 253,768,000 844,000 679,000 916,000 892,000 815,000 -4,478,000 2,603,000 2,747,000 2,815,000 5,463,000 696,000 10,317,000 7,613,000 14,974,000 15,664,000 3,845,000 5,065,000 7,626,000 19,473,000 258,420,000 12,649,000     
      distributions to noncontrolling interest
    		                                0                                               
      net cash flow used for financing activities
    		                                   73,335,000                                       -147,320,000     
      gain on sale of energy-related products and services business
    		                                                                               
      change in other regulatory liabilities
    		                                                   14,397,000    18,044,000                        
      proceeds from sale of energy-related products and services business
    		                                               0                                
      proceeds from sale of life insurance policies
    		                                               0 0                               
      accrued taxes and income tax receivable — net
    		                                         -34,150,000 39,182,000 -67,672,000 56,590,000 -17,623,000 37,398,000                                 
      gain on sale of district cooling business
    		                                                   0 0                           
      real estate impairment charges
    		                                                    0                           
      gain on real estate debt restructuring
    		                                                   -2,352,000                            
      change in long term income tax receivable
    		                                                                               
      proceeds from sale of district cooling business
    		                                                    0                           
      proceeds from sale of commercial real estate investments
    		                                               275,000    864,000    12,523,000    0 0                   
      supplemental disclosure of cash flow information cash paid during the period for:
    		                                                                               
      income taxes, net of
    		                                            -2,000 1,000 -650,000 4,648,000    -1,282,000 -18,221,000 1,603,000 -5,547,000 -18,076,000                        
      interest, net of amounts capitalized
    		                                            57,902,000 31,788,000 62,892,000 54,539,000 52,591,000 54,662,000 55,997,000 54,152,000 51,854,000 57,043,000 58,679,000 50,135,000 62,878,000 44,807,000 46,040,000 54,089,000 43,262,000 47,785,000 45,949,000                 
      supplemental disclosure of cash flow information
    		                                                                               
      cash paid during the period for:
    		                                                                               
      change in mark-to-market valuations
    		                                              1,985,000 2,203,000   -284,000 -1,028,000 1,320,000 554,000 1,842,000 -969,000 -5,569,000 -4,223,000 3,822,000 7,663,000 30,780,000 -14,660,000 -14,709,000 -1,328,000 16,583,000 7,818,000 -5,494,000 11,490,000 5,244,000 2,425,000 9,305,000 18,115,000 -12,349,000 1,121,000 -18,557,000 6,648,000 -27,976,000   
      accrued taxes and income tax receivable-net
    		                                                60,004,000 -23,414,000 52,944,000  -18,695,000 45,542,000 30,004,000                         
      expenditures for real estate investments
    		                                                  -40,000 -108,000 -56,000 -15,000 -443,000 -547,000 -850,000 -101,000 -1,459,000 -3,771,000 -1,783,000                   
      gains and other changes in real estate assets
    		                                                  -3,000  4,742,000 -7,026,000 4,095,000                         
      real estate impairment charge
    		                                                      15,112,000 19,738,000 38,395,000 6,186,000 215,869,000                     
      other changes in real estate assets
    		                                                         7,399,000 -264,000 -16,664,000 28,518,000                   
      proceeds from the sale of district cooling business
    		                                                                               
      noncontrolling interests
    		                                                   -8,117,000 0                           
      trust fund for bond redemptions
    		                                                                               
      net cash flow used for operating activities
    		                                                      -13,675,000                         
      capitalized interest
    		                                                      -3,080,000 -2,177,000 -1,423,000 -3,311,000 -3,834,000 -4,227,000 -3,976,000 -4,938,000 -5,679,000 -7,608,000 -5,435,000 -5,213,000 -4,807,000 -6,395,000 -5,612,000 -4,959,000 -4,024,000 -1,884,000 -3,301,000 -3,544,000 -3,289,000 -2,774,000 -4,506,000 -4,120,000 -4,911,000 
      repayment and reacquisition of long-term debt
    		                                                      -4,150,000 -20,653,000 -218,707,000 -179,381,000 -16,386,000                     
      deferred fuel and purchased power regulatory disallowance
    		                                                                0               
      accrued utility revenues
    		                                                       45,538,000 -12,111,000 -59,674,000 15,365,000               -52,409,000 15,071,000 27,305,000 5,526,000 -36,711,000 -718,000 
      home inventory
    		                                                                               
      proceeds from sale of investment securities
    		                                                               0 0 0 69,225,000 870,025,000 256,152,000 11,001,000 269,526,000 463,790,000 1,248,343,000 1,006,648,000 424,700,000     
      purchases of investment securities
    		                                                               0 0 0 -36,525,000 -699,408,000 -459,469,000 -11,001,000 -269,526,000 -395,041,000 -987,331,000 -1,236,381,000 -343,525,000     
      short-term borrowings — net
    		                                                                               
      trust fund for bond redemption
    		                                                                               
      income taxes, net of refunds
    		                                                         0 17,602,000 24,031,000 -10,607,000 949,000 9,860,000                 
      change in margin and collateral accounts – assets
    		                                                                               
      change in margin and collateral accounts – liabilities
    		                                                                               
      proceeds from the sale of silverhawk
    		                                                                   0 0 0 207,620,000      -2,411,000   
      short-term borrowings – net
    		                                                                               
      change in margin and collateral accounts-assets
    		                                                                               
      change in margin and collateral accounts
    		                                                                               
      proceeds from the sale of real estate assets
    		                                                              23,678,000 77,530,000 -14,817,000 2,984,000 16,824,000 7,846,000 11,662,000 7,598,000 7,884,000 1,198,000 -26,239,000 -12,561,000 53,820,000 42,776,000   8,607,000 
      real estate investments
    		                                                              -10,967,000 -20,898,000 -26,721,000 -49,080,000 -24,617,000 -31,696,000 -32,775,000 -33,088,000 -28,670,000 -28,528,000 -19,559,000 -26,171,000 -13,797,000 -8,090,000 -18,204,000   
      change in risk management and trading — assets
    		                                                              93,449,000                 
      change in risk management and trading — liabilities
    		                                                              6,647,000                 
      silverhawk impairment loss
    		                                                                       -32,000 0       
      regulatory disallowance
    		                                                                       -4,655,000        
      deferred fuel and purchased power disallowance
    		                                                                               
      collateral
    		                                                               3,250,000 -1,400,000 -46,400,000 -303,000 10,282,000   -170,690,000         
      change in risk management and trading – liabilities
    		                                                               -491,000 -29,842,000 16,363,000 -480,000 -657,000 -92,000 -66,352,000 -66,096,000         
      changes in unrecognized tax benefits
    		                                                                               
      purchase of sundance plant
    		                                                                       0        
      proceeds from sale of real estate investments
    		                                                               24,524,000                
      short-term borrowings and payments – net
    		                                                               67,053,000 133,264,000 69,294,000 35,300,000 -31,748,000   -70,000         
      income taxes paid, net of refunds
    		                                                               116,669,000 47,260,000 1,734,000 38,980,000 85,344,000   -40,000 34,278,000        
      interest paid, net of amounts capitalized
    		                                                               50,792,000 52,825,000 39,213,000 50,703,000 40,095,000   25,526,000 26,521,000 22,460,000 61,667,000 71,327,000 44,962,000 27,445,000 47,091,000 72,367,000 
      change in risk management and trading – assets
    		                                                                 -43,660,000 54,689,000   -3,091,000 67,984,000         
      net cash flow provided by investing activities
    		                                                                  -184,001,000    31,697,000         
      equity earnings in phoenix suns partnership
    		                                                                           0 0   
      change in pension and other postretirement liabilities
    		                                                                               
      proceeds from the sale of the phoenix suns partnership
    		                                                                               
      proceeds from the sale of real estate investments
    		                                                                               
      investment in nuclear decommissioning trusts
    		                                                                               
      change in collateral
    		                                                                               
      purchase of sundance
    		                                                                               
      deferred fuel amortization
    		                                                                      17,808,000         
      proceeds from real estate investments
    		                                                                      2,138,000 48,000        
      proceeds from sale of silverhawk
    		                                                                               
      adjustment to reconcile net income to net cash from operating activities:
    		                                                                               
      change in risk management and trading-assets
    		                                                                               
      change in risk management and trading-liabilities
    		                                                                               
      proceeds from the sale of 25% of silverhawk
    		                                                                               
      proceeds from sale of the phoenix suns partnership
    		                                                                               
      depreciation and amortization
    		                                                                         87,763,000 94,231,000 98,186,000 97,174,000 104,241,000 101,504,000 
      deferred purchased power and fuel
    		                                                                               
      nuclear fuel amortization
    		                                                                         1,518,000 2,101,000 7,053,000 8,892,000 6,902,000 7,599,000 
      accrued interest
    		                                                                         -8,832,000 9,888,000 -10,852,000 11,264,000 -8,694,000 -4,748,000 
      change in risk management and trading activities — assets
    		                                                                         17,558,000 -1,198,000     
      change in risk management and trading activities — liabilities
    		                                                                         -32,104,000 37,707,000     
      change in pension liability
    		                                                                         -8,645,000 15,883,000 14,824,000 -20,675,000 14,969,000 14,704,000 
      income taxes paid — net of refunds
    		                                                                               
      income from discontinued operations, net of tax
    		                                                                          -792,000     
      increase in regulatory assets
    		                                                                          -3,323,000 2,849,000 -209,000 -4,495,000 -847,000 
      change in customer advances
    		                                                                          2,189,000    3,070,000 
      discontinued operations — real estate
    		                                                                          -2,785,000     
      discontinued operations — nac
    		                                                                               
      income taxes paid
    		                                                                          15,230,000  9,257,000 533,000 6,767,000 
      loss (income) from discontinued operations, net of tax
    		                                                                               
      cumulative effect of accounting change, net of tax
    		                                                                               
      redhawk units 3 and 4 cancellation charge
    		                                                                               
      cash flows from investing activities capital expenditures
    		                                                                               
      discontinued operations – real estate
    		                                                                               
      discontinued operations – nac
    		                                                                               
      proceeds from commercial real estate properties
    		                                                                               
      cash flows from financing activities issuance of long-term debt
    		                                                                               
      income taxes paid/
    		                                                                               
      income from discontinued operations
    		                                                                               
      increase in regulatory liabilities
    		                                                                               
      proceeds from sale of assets from discontinued operations
    		                                                                            8,449,000 -16,000 133,000 
      short-term borrowings and payments—net
    		                                                                              149,005,000 
      supplemental disclosure of cash flow information:
    		                                                                               
      gain on sale of discontinued operations
    		                                                                             -313,000 -388,000 
      other real estate activities
    		                                                                               
      change in risk management and trading - assets
    		                                                                             6,527,000 5,875,000 
      change in risk management and trading - liabilities
    		                                                                             -18,308,000 19,427,000 
      short-term borrowings and payments-net
    		                                                                               
      change in mark-to-market
    		                                                                              -22,920,000 
      change in real estate investments
    		                                                                              -11,573,000 
      income from continuing operations
    		                                                                               
      items not requiring cash:
    		                                                                               
      net cash flow
    		                                                                               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.