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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
OPERATING ACTIVITIES    
Net income $ 737 $ 1,096
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 527 557
Deferred income taxes 24 (23)
Provision for uncollectible accounts 26 35
Changes in current assets and liabilities:    
Accounts receivable (17) 9
Accounts payable (30) (16)
Accrued income and other taxes 7 12
Other current assets and liabilities, net 81 (6)
Changes in other assets and liabilities, net 28 30
Changes in affiliate obligations, net (37) (41)
Other, net 14 (7)
Net cash provided by operating activities 1,360 1,646
INVESTING ACTIVITIES    
Capital expenditures (582) (776)
Changes in advances to affiliates 393  
Changes in advances to affiliates   (576)
Net increase in note receivable - affiliates (937) 0
Proceeds from sale of property, plant and equipment and other assets 12 6
Net cash used in investing activities (1,114) (1,346)
FINANCING ACTIVITIES    
Payments of long-term debt (237) (227)
Changes in advances from affiliates 0 (61)
Net cash used in financing activities (237) (288)
Net increase in cash, cash equivalents and restricted cash 9 12
Cash, cash equivalents and restricted cash at beginning of period 28 12
Cash, cash equivalents and restricted cash at end of period 37 24
Supplemental cash flow information:    
Income taxes paid, net (222) (393)
Interest paid, including affiliate interest (net of capitalized interest of $27 and $60) (75) (47)
Supplemental noncash information regarding financing activities:    
Repayment of long-term debt in exchange for reductions of advances from affiliates 0 215
Cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 36 22
Restricted cash included in Other assets, net 1 2
Total $ 37 $ 24