XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net income $ 245 $ 241
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 507 453
Nuclear fuel amortization 61 56
Deferred income taxes (144) (30)
Allowance for equity funds used during construction (12) (14)
Provision for bad debts 9 12
Changes in operating assets and liabilities:    
Accounts receivable (16) (62)
Accrued unbilled revenues 13 (22)
Inventories (28) 16
Other current assets 1 10
Accounts payable 50 5
Net regulatory assets and liabilities 258 (105)
Other current liabilities 12 (45)
Pension and other employee benefit obligations (7) (35)
Other, net 20 (24)
Net cash provided by operating activities 969 456
Investing activities    
Capital/construction expenditures (752) (842)
Purchase of investment securities (787) (628)
Proceeds from the sale of investment securities 769 410
Investments in utility money pool arrangement (856) (189)
Repayments from utility money pool arrangement 855 93
Other, net 2 (3)
Net cash used in investing activities (769) (1,159)
Financing activities    
Repayments of short-term borrowings, net 0 (179)
Borrowings under utility money pool arrangement 0 434
Repayments under utility money pool arrangement 0 (434)
Proceeds from issuance of long-term debt 489 836
Repayment of long-term debt (300) 0
Capital contributions (to) from parent (7) 624
Dividends paid to parent (263) (216)
Other, net 0 2
Net cash (used in) provided by financing activities (81) 1,067
Net change in cash, cash equivalents and restricted cash 119 364
Cash, cash equivalents and restricted cash at beginning of period 73 46
Cash, cash equivalents and restricted cash at end of period 192 410
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (129) (116)
Cash (paid) received for income taxes, net (25) 4
Other Noncash Investing and Financing Items [Abstract]    
Accrued property, plant and equipment additions 148 305
Inventory transfers to property, plant and equipment 9 6
Allowance for equity funds used during construction $ 12 $ 14