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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
OPERATING ACTIVITIES      
Consolidated net income $ 1,367,372 [1] $ 1,270,305 [1] $ 1,251,050 [1]
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:      
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 1,745,455 1,705,331 1,458,861
Deferred income taxes, investment tax credits, and non-current taxes accrued (280,029) 718,987 864,684
Gain on sale of business   (44,173)  
Changes in working capital:      
Receivables 28,091 (99,640) 116,444
Fuel inventory 5,393 (10,665) 19,291
Accounts payable (131,970) 216,635 (14,251)
Prepaid taxes and taxes accrued 580,042 (116,988) (260,029)
Interest accrued (34,172) 17,651 4,974
Deferred fuel (55,686) 8,909 72,314
Other working capital accounts 41,875 (160,326) (43,391)
Changes in provisions for estimated losses (11,086) 265,284 (12,030)
Changes in other regulatory assets (673,244) 339,408 (415,157)
Changes in pension and other postretirement liabilities 962,461 (80,844) 71,789
Other (415,685) (103,793) (181,391)
Net cash flow provided by operating activities 3,128,817 3,926,081 2,933,158
INVESTING ACTIVITIES      
Construction/capital expenditures (2,040,027) (1,974,286) (1,931,245)
Allowance for equity funds used during construction 86,252 59,381 59,545
Nuclear fuel purchases (641,493) (407,711) (525,474)
Proceeds from sale/leaseback of nuclear fuel     284,997
Proceeds from sale of assets and businesses 6,531 228,171 39,554
Payment for purchase of plant (646,137)    
Insurance proceeds received for property damages   7,894 53,760
Changes in transition charge account (7,260) (29,945) (1,036)
NYPA value sharing payment (72,000) (72,000) (72,000)
Payment to storm reserve escrow account (6,425) (296,614) (6,802)
Receipts from storm reserve escrow account   9,925  
Decrease (increase) in other investments (11,623) 24,956 100,956
Proceeds from nuclear decommissioning trust fund sales 1,360,346 2,606,383 2,570,523
Investment in nuclear decommissioning trust funds (1,475,017) (2,730,377) (2,667,172)
Net cash flow used in investing activities (3,446,853) (2,574,223) (2,094,394)
Proceeds from the issuance of:      
Long-term debt 2,990,881 3,870,694 2,003,469
Common stock and treasury stock 46,185 51,163 28,198
Retirement of long-term debt (2,437,372) (4,178,127) (1,843,169)
Repurchase of common stock (234,632) (878,576) (613,125)
Redemption of subsidiary common and preferred stock (30,308)   (1,847)
Changes in credit borrowings - net (6,501) (8,512) (25,000)
Dividends paid:      
Common stock (589,605) (603,854) (576,956)
Preferred stock (20,933) (20,063) (19,958)
Net cash flow used in financing activities (282,285) (1,767,275) (1,048,388)
Effect of exchange rates on cash and cash equivalents 287 338 (1,316)
Net increase (decrease) in cash and cash equivalents (600,034) (415,079) (210,940)
Cash and cash equivalents at beginning of period 1,294,472 1,709,551 1,920,491
Cash and cash equivalents at end of period 694,438 1,294,472 1,709,551
Cash paid / (received) during the period for:      
Interest - net of amount capitalized 532,271 534,004 576,811
Income taxes (2,042) 32,144 43,057
Noncash financing activities:      
Long-term debt retired (equity unit notes)     (500,000)
Common stock issued in settlement of equity unit purchase contracts     $ 500,000
[1] Consolidated net income and preferred dividend requirements of subsidiaries for 2011, 2010 and 2009 include $13.3 million of preferred dividends on subsidiaries' preferred stock without sinking fund that is not presented as equity.