XML 20 R7.htm IDEA: XBRL DOCUMENT v3.6.0.2
STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities:      
Net income $ 276 $ 261 $ 252
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 838 705 768
Amortization of deferred financing costs 14 15 16
Deferred income taxes (34) 18 (24)
Changes in other assets and liabilities:      
Accounts and notes receivable, net (1) 3 15
Accounts receivable/payable–affiliated companies 63 (89) 37
Inventory (1) (7) (21)
Accounts payable (4) 0 (3)
Taxes receivable 53 44 (103)
Interest and taxes accrued 4 (9) (40)
Net regulatory assets and liabilities (110) 3 (28)
Other current assets 2 (1) (2)
Other current liabilities 21 (40) (19)
Other assets (8) (7) 11
Other liabilities (4) (1) 5
Other, net 1 0 (6)
Net cash provided by operating activities 1,110 895 858
Cash Flows from Investing Activities:      
Capital expenditures (862) (929) (804)
Decrease (increase) in notes receivable–affiliated companies (96) 107 (107)
Decrease (increase) in restricted cash of Bond Companies (5) 12 (7)
Other, net (1) 1 1
Net cash used in investing activities (964) (809) (917)
Cash Flows from Financing Activities:      
Proceeds from long-term debt 600 200 600
Payments of long-term debt (590) (372) (537)
Dividend to parent (135) (252) 0
Increase (decrease) in notes payable–affiliated companies (312) 312 (3)
Cash paid for debt retirements 0 0 (1)
Debt issuance costs (6) 0 (7)
Contribution from parent 374 0 90
Net cash provided by (used in) financing activities (69) (112) 142
Net Increase (Decrease) in Cash and Cash Equivalents 77 (26) 83
Cash and Cash Equivalents at Beginning of the Year 264 290 207
Cash and Cash Equivalents at End of the Year 341 264 290
Cash Payments:      
Interest, net of capitalized interest 209 213 215
Income taxes 128 81 296
Non-cash transactions:      
Accounts payable related to capital expenditures $ 65 $ 69 $ 64