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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - HOUSTON ELECTRIC - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities:    
Net income $ 316 $ 297
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 423 363
Deferred income taxes 78 45
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net 193 (125)
Inventory 65 110
Accounts payable (259) (216)
Other current assets (134) 124
Other current liabilities (344) (264)
Other non-current assets (12) 80
Other non-current liabilities (29) 15
Other operating activities, net 6 1
Net cash provided by operating activities 282 410
Cash Flows from Investing Activities:    
Capital expenditures (1,198) (1,038)
Other investing activities, net 10 (58)
Net cash used in investing activities (1,188) (234)
Cash Flows from Financing Activities:    
Proceeds from long-term debt and term loans, net 3,441 665
Payments of long-term debt (748) (11)
Payment of debt issuance costs (24) (8)
Other financing activities, net (27) (16)
Net cash provided by financing activities 1,513 1,053
Net Increase in Cash, Cash Equivalents and Restricted Cash 607 1,229
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 49 30
Cash, Cash Equivalents and Restricted Cash at End of Period 656 1,259
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of capitalized interest 309 290
Supplemental Disclosure of Non-cash Transactions    
Accounts payable related to capital expenditures 445 334
Houston Electric    
Cash Flows from Operating Activities:    
Net income 96 84
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 232 179
Deferred income taxes 20 11
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net 16 28
Accounts receivable/payable–affiliated companies 62 (25)
Inventory (55) 26
Accounts payable 57 (132)
Other current assets 22 21
Other current liabilities (138) (109)
Other non-current assets (43) (58)
Other non-current liabilities (47) (15)
Other operating activities, net (10) (2)
Net cash provided by operating activities 212 8
Cash Flows from Investing Activities:    
Capital expenditures (848) (603)
(Increase) decrease in notes receivable–affiliated companies (764) 209
Other investing activities, net 20 (15)
Net cash used in investing activities (1,592) (409)
Cash Flows from Financing Activities:    
Proceeds from long-term debt and term loans, net 1,991 500
Payments of long-term debt (500) 0
Decrease in notes payable–affiliated companies (54) 0
Payment of debt issuance costs (16) (5)
Dividends to parent (17) (90)
Other financing activities, net (3) (1)
Net cash provided by financing activities 1,401 404
Net Increase in Cash, Cash Equivalents and Restricted Cash 21 3
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 29 14
Cash, Cash Equivalents and Restricted Cash at End of Period 50 17
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of capitalized interest 114 90
Supplemental Disclosure of Non-cash Transactions    
Accounts payable related to capital expenditures $ 314 $ 286