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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2012
Long-term Debt, Unclassified [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
The Company's long-term debt outstanding and weighted average interest rates(a) of debt outstanding at December 31 were:
 
2012
 
2011
Taxable Debt, Principally Secured
(In millions)
5.0% due 2013 to 2042
$
3,777

 
$
3,515

Tax- Exempt Revenue Bonds (b)
 
 
 
5.3% due 2014 to 2038
707

 
893

 
4,484

 
4,408

Less amount due within one year
(263
)
 
(303
)
 
$
4,221

 
$
4,105

 
 
 
 
Securitization Bonds
 

 
 

6.6% due 2013 to 2015
$
479

 
$
643

Less amount due within one year
(177
)
 
(164
)
 
$
302

 
$
479

Schedule of Issued Debt [Table Text Block]
In 2012, the Company issued the following long-term debt:
Month
Type
 
Interest Rate
 
Maturity
 
Amount
 
 
 
 
 
 
 
(In millions)
June
Mortgage Bonds (a)
 
2.65
%
 
2022
 
$
250

June
Mortgage Bonds (a)
 
3.95
%
 
2042
 
250

 
 
 
 
 
 
 
$
500

Schedule of Extinguishment of Debt [Table Text Block]
Month
 
Type
 
Interest Rate
 
Maturity
 
Amount
 
 
 
 
 
 
 
 
(In millions)
March/September
 
Securitization Bonds
 
6.42%
 
2012
 
$
164

April
 
Mortgage Bonds
 
7.90%
 
2012
 
10

April
 
Mortgage Bonds
 
8.36%
 
2012
 
3

July
 
Senior Notes
 
5.20%
 
2012
 
225

December
 
Tax Exempt Bonds
 
3.05%
 
2024
 
65

December
 
Tax Exempt Bonds
 
5.45%
 
2032
 
64

December
 
Tax Exempt Bonds
 
5.25%
 
2032
 
56

 
 
 
 
 
 
 
 
$
587

Schedule of Maturities of Long-term Debt [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
2018 &
 
 
 
2013

 
2014
 
2015
 
2016
 
2017
 
thereafter
 
Total
 
(In millions)
Amount to mature
$
440

 
$
500

 
$
315

 
$
151

 
$

 
$
3,565

 
$
4,971