Consolidated Statements of Cash Flows - USD ($) $ in Millions | 9 Months Ended |
Sep. 30, 2015 | Sep. 30, 2014 |
Operating Activities | | |
Net income including noncontrolling interest and DCG Predecessor | $ 138.8 | |
Adjustments to reconcile net income including noncontrolling interest and DCG Predecessor to net cash provided by operating activities: | | |
Depreciation and amortization | 30.4 | |
Deferred income taxes | 1.5 | |
Other adjustments to income, net | 1.5 | |
Changes in: | | |
Customer and other receivables | (18.3) | |
Affiliated receivables | (0.1) | |
Prepayments | (3.8) | |
Accounts payable | 34.5 | |
Payables to affiliates | 1.8 | |
Accrued payroll and taxes | 2.5 | |
Other operating assets and liabilities | 6.8 | |
Net cash provided by operating activities | 195.6 | |
Investing Activities | | |
Plant construction and other property additions | (850) | |
Other | (0.4) | |
Net cash used in investing activities | (850.4) | |
Financing Activities | | |
Dominion credit facility borrowings | 5.9 | |
Contributions from Dominion | 614.6 | |
Other | (0.2) | |
Net cash provided by financing activities | 586.4 | |
Decrease in cash and cash equivalents | (68.4) | |
Cash and cash equivalents at beginning of period | 175.4 | |
Cash and cash equivalents at end of period | 107 | |
Supplemental Cash Flow Information | | |
Income taxes | 0 | |
Significant noncash investing and financing activities: | | |
Accrued capital expenditures | 14.8 | |
DCG Acquisition through issuance of debt and equity | | |
Significant noncash investing and financing activities: | | |
DCGT Acquisition through issuance of debt and equity and Settlement of net current and deferred income tax assets | 500.8 | |
Acquisition of a noncontrolling partnership interest in Iroquois through issuance of equity | | |
Significant noncash investing and financing activities: | | |
Acquisition of a noncontrolling partnership interest in Iroquois through issuance of equity | 216 | |
Settlement of net current and deferred income tax assets | | |
Significant noncash investing and financing activities: | | |
DCGT Acquisition through issuance of debt and equity and Settlement of net current and deferred income tax assets | 13.4 | |
Equity contribution from Dominion to relieve payables to affiliates | | |
Significant noncash investing and financing activities: | | |
Equity contribution from Dominion | 1.7 | |
Equity contribution from Dominion related to income taxes | | |
Significant noncash investing and financing activities: | | |
Equity contribution from Dominion | 0 | |
Common Units | | |
Financing Activities | | |
Distributions to unitholders | (10.1) | |
Dominion | Common Units | | |
Financing Activities | | |
Distributions to unitholders | (7.8) | |
Dominion | Subordinated Units | | |
Financing Activities | | |
Distributions to unitholders | $ (16) | |
Predecessor | | |
Operating Activities | | |
Net income including noncontrolling interest and DCG Predecessor | | $ 75.2 |
Adjustments to reconcile net income including noncontrolling interest and DCG Predecessor to net cash provided by operating activities: | | |
Depreciation and amortization | | 23.5 |
Deferred income taxes | | 11.4 |
Other adjustments to income, net | | 0 |
Changes in: | | |
Customer and other receivables | | 0.1 |
Affiliated receivables | | (1.5) |
Prepayments | | (8.1) |
Accounts payable | | 1.5 |
Payables to affiliates | | 1.7 |
Accrued payroll and taxes | | 1.3 |
Other operating assets and liabilities | | 4.4 |
Net cash provided by operating activities | | 109.5 |
Investing Activities | | |
Plant construction and other property additions | | (353.9) |
Other | | (0.4) |
Net cash used in investing activities | | (354.3) |
Financing Activities | | |
Dominion credit facility borrowings | | 0 |
Contributions from Dominion | | 233.6 |
Other | | 0 |
Net cash provided by financing activities | | 233.6 |
Decrease in cash and cash equivalents | | (11.2) |
Cash and cash equivalents at beginning of period | | 11.2 |
Cash and cash equivalents at end of period | | 0 |
Supplemental Cash Flow Information | | |
Income taxes | | 38.6 |
Significant noncash investing and financing activities: | | |
Accrued capital expenditures | | 7.6 |
Predecessor | DCG Acquisition through issuance of debt and equity | | |
Significant noncash investing and financing activities: | | |
DCGT Acquisition through issuance of debt and equity and Settlement of net current and deferred income tax assets | | 0 |
Predecessor | Acquisition of a noncontrolling partnership interest in Iroquois through issuance of equity | | |
Significant noncash investing and financing activities: | | |
Acquisition of a noncontrolling partnership interest in Iroquois through issuance of equity | | 0 |
Predecessor | Settlement of net current and deferred income tax assets | | |
Significant noncash investing and financing activities: | | |
DCGT Acquisition through issuance of debt and equity and Settlement of net current and deferred income tax assets | | 0 |
Predecessor | Equity contribution from Dominion to relieve payables to affiliates | | |
Significant noncash investing and financing activities: | | |
Equity contribution from Dominion | | 20 |
Predecessor | Equity contribution from Dominion related to income taxes | | |
Significant noncash investing and financing activities: | | |
Equity contribution from Dominion | | 1.1 |
Predecessor | Common Units | | |
Financing Activities | | |
Distributions to unitholders | | 0 |
Predecessor | Dominion | Common Units | | |
Financing Activities | | |
Distributions to unitholders | | $ 0 |
Predecessor | Dominion | Subordinated Units | | |
Financing Activities | | |
Distributions to unitholders | | |