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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities    
Net income $ 526 $ 514
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 717 765
Nuclear fuel amortization 84 91
Deferred income taxes 16 (167)
Allowance for equity funds used during construction (26) (21)
Provision for bad debts 20 10
Changes in operating assets and liabilities:    
Accounts receivable (19) (56)
Accrued unbilled revenues 117 40
Inventories 37 (107)
Other current assets (11) 5
Accounts payable (97) 57
Net regulatory assets and liabilities 307 325
Other current liabilities 98 88
Pension and other employee benefit obligations (17) (9)
Other, net 14 32
Net cash provided by operating activities 1,766 1,567
Investing activities    
Capital/construction expenditures (1,668) (1,293)
Purchase of investment securities (704) (1,055)
Proceeds from the sale of investment securities 678 1,029
Investments in utility money pool arrangement (200) (1,426)
Repayments from utility money pool arrangement 200 1,408
Other, net (2) 5
Net cash used in investing activities (1,696) (1,332)
Financing activities    
Repayments of short-term borrowings, net (207) 0
Borrowings under utility money pool arrangement 189 0
Repayments under utility money pool arrangement (189) 0
Proceeds from issuance of long-term debt 783 489
Repayment of long-term debt (400) (300)
Capital contributions from parent 251 4
Dividends paid to parent (413) (442)
Net cash provided by (used in) financing activities 14 (249)
Net change in cash, cash equivalents and restricted cash 84 (14)
Cash, cash equivalents and restricted cash at beginning of period 65 73
Cash, cash equivalents and restricted cash at end of period 149 59
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (205) (198)
Cash received from (paid for) income taxes, net 60 (53)
Other Noncash Investing and Financing Items [Abstract]    
Accrued property, plant and equipment additions 163 162
Inventory transfers to property, plant and equipment 11 9
Allowance for equity funds used during construction 26 21
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 52 $ 1