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STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities:      
Net income $ 433 $ 276 $ 261
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 724 838 705
Amortization of deferred financing costs 13 14 15
Deferred income taxes (98) (34) 18
Changes in other assets and liabilities:      
Accounts and notes receivable, net (73) (1) 3
Accounts receivable/payable–affiliated companies (46) 63 (89)
Inventory 15 (1) (7)
Accounts payable 59 (4) 0
Taxes receivable 6 53 44
Interest and taxes accrued 7 4 (9)
Net regulatory assets and liabilities (148) (110) 3
Other current assets (2) 2 (1)
Other current liabilities 16 21 (40)
Other assets 13 (8) (7)
Other liabilities (4) (4) (1)
Other, net (6) 1 0
Net cash provided by operating activities 909 1,110 895
Cash Flows from Investing Activities:      
Capital expenditures (875) (862) (929)
Decrease (increase) in notes receivable–affiliated companies 96 (96) 107
Decrease (increase) in restricted cash of Bond Companies 5 (5) 12
Other, net (2) (1) 1
Net cash used in investing activities (776) (964) (809)
Cash Flows from Financing Activities:      
Proceeds from long-term debt, net 298 600 200
Payments of long-term debt (411) (590) (372)
Dividend to parent (180) (135) (252)
Increase (decrease) in notes payable–affiliated companies 60 (312) 312
Debt issuance costs (3) (6) 0
Contribution from parent 0 374 0
Net cash used in financing activities (236) (69) (112)
Net Increase (Decrease) in Cash and Cash Equivalents (103) 77 (26)
Cash and Cash Equivalents at Beginning of the Year 341 264 290
Cash and Cash Equivalents at End of the Year 238 341 264
Cash Payments:      
Interest, net of capitalized interest 205 209 213
Income taxes 76 128 81
Non-cash transactions:      
Accounts payable related to capital expenditures $ 104 $ 65 $ 69