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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities    
Net (loss)/income $ 684 $ 329
Income from discontinued operations, net of income tax 401 64
(Loss)/income from continuing operations 283 265
Adjustments to reconcile net income to cash provided by operating activities:    
Distributions and equity earnings of unconsolidated affiliates 22 12
Depreciation, amortization and accretion 184 252
Provision for bad debts 52 30
Amortization of nuclear fuel 27 24
Amortization of financing costs and debt discount/premiums 13 13
Loss on debt extinguishment, net 47 3
Amortization of intangibles and out-of-market contracts 14 20
Amortization of unearned equity compensation 10 15
Loss/(gain) on sale and disposal of assets 1 (16)
Impairment losses 1 88
Changes in derivative instruments (22) (145)
Changes in deferred income taxes and liability for uncertain tax benefits (5) (2)
Changes in collateral deposits in support of energy risk management activities 125 (9)
Changes in nuclear decommissioning trust liability 17 41
Loss on deconsolidation of Ivanpah project 0 22
Changes in other working capital (388) (349)
Cash provided/(used) by continuing operations 381 264
Cash provided by discontinued operations 8 249
Net Cash Provided/(Used) by Operating Activities 389 513
Cash Flows from Investing Activities    
Payments for acquisitions of businesses (21) (211)
Capital expenditures (107) (282)
Net proceeds from sale of emission allowances (1) 3
Investments in nuclear decommissioning trust fund securities (209) (346)
Proceeds from the sale of nuclear decommissioning trust fund securities 191 303
Proceeds from sale of assets, net of cash disposed and sale of discontinued operations, net of fees 1,289 146
Deconsolidation of Ivanpah project 0 (160)
Changes in investments in unconsolidated affiliates 7 (15)
Contributions to discontinued operations (44) (16)
Cash (used)/provided by continuing operations 1,105 (578)
Cash used by discontinued operations (2) (584)
Net Cash (Used)/Provided by Investing Activities 1,103 (1,162)
Cash Flows from Financing Activities    
Payments of dividends to common stockholders (16) (19)
Payments for treasury stock (1,039) (500)
Payments for debt extinguishment costs (24) 0
Distributions to noncontrolling interests from subsidiaries (1) (14)
Proceeds from issuance of common stock 2 11
Proceeds from issuance of short and long-term debt 1,833 994
Payment of debt issuance costs (33) (19)
Payments for short and long-term debt 2,485 348
Cash (used)/provided by continuing operations (1,763) 105
Cash provided by discontinued operations 43 345
Net Cash (Used)/Provided by Financing Activities (1,720) 450
Change in Cash from discontinued operations 49 10
Net Decrease in Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash (277) (209)
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at Beginning of Period 613 1,086
Cash and Cash Equivalents, Funds Deposited by Counterparties and Restricted Cash at End of Period $ 336 $ 877