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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net income $ 553 $ 556
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 881 769
Nuclear fuel amortization 58 62
Deferred income taxes 47 110
Allowance for equity funds used during construction (40) (49)
Equity earnings of unconsolidated subsidiaries (19) (16)
Dividends from unconsolidated subsidiaries 20 18
Share-based compensation expense 35 10
Changes in operating assets and liabilities:    
Accounts receivable 122 (11)
Accrued unbilled revenues 115 115
Inventories 25 101
Other current assets 19 39
Accounts payable (157) (1)
Net regulatory assets and liabilities 25 143
Other current liabilities (195) (247)
Pension and other employee benefit obligations (139) (142)
Other, net (16) (20)
Net cash provided by operating activities 1,334 1,437
Investing activities    
Utility capital/construction expenditures (1,689) (1,854)
Purchases of investment securities (488) (367)
Proceeds from the sale of investment securities 478 357
Other, net (9) (1)
Net cash used in investing activities (1,708) (1,865)
Financing activities    
Proceeds (repayments) from short-term borrowings, net 559 (132)
Proceeds from issuances of long-term debt 819 1,186
Repayments of long-term debt, including reacquisition premiums (400) (1)
Dividends paid (387) (359)
Other, net (11) (17)
Net cash provided by financing activities 580 677
Net change in cash and cash equivalents 206 249
Cash and cash equivalents at beginning of period 147 83
Cash and cash equivalents at end of period 353 332
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (344) (313)
Income Taxes Paid, Net 54 (3)
Supplemental disclosure of non-cash investing and financing transactions:    
Accrued property, plant and equipment additions 304 266
Inventory transfers to plant, property and equipment 40 35
Operating lease right-of-use assets 1,843 0
Allowance for equity funds used during construction 40 49
Issuance of common stock for equity awards $ 32 $ 35