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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities      
Net income $ 134 $ 136 $ 125
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 189 173 159
Deferred income taxes 0 (12) (2)
Allowance for equity funds used during construction (16) (10) (7)
Provision for bad debts 2 4 4
Changes in operating assets and liabilities:      
Accounts receivable (27) (4) (13)
Accrued unbilled revenues 2 11 (5)
Inventories (12) (6) (14)
Other current assets (7) 21 (20)
Accounts payable (2) (6) 5
Net regulatory assets and liabilities 25 44 18
Other current liabilities 3 2 16
Pension and other employee benefit obligations (8) 0 (4)
Other, net 2 4 (5)
Net cash provided by operating activities 285 357 257
Investing activities      
Capital/construction expenditures (550) (456) (353)
Investments In Utility Money Pool Arrangement (15) (153) (100)
Repayments From Utility Money Pool Arrangement 0 153 100
Net cash used in investing activities (565) (456) (353)
Financing activities      
(Repayments of) proceeds from short-term borrowings, net (25) 13 (35)
Borrowings under money pool arrangement 170 163 591
Repayments under money pool arrangement (170) (163) (591)
Proceeds from issuance of long-term debt 394 124 99
Repayments of long-term debt (200) 0 0
Capital contributions from parent 211 75 114
Dividends paid to parent (98) (109) (91)
Net cash provided by financing activities 282 103 87
Net change in cash, cash equivalents and restricted cash 2 4 (9)
Cash, cash equivalents and restricted cash at beginning of period 6 2 11
Cash, cash equivalents and restricted cash at end of period 8 6 2
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of amounts capitalized) (55) (47) (39)
Cash paid for income taxes, net (36) (40) (32)
Other Noncash Investing and Financing Items [Abstract]      
Supplemental disclosure of non-cash investing and financing transactions: 36 31 54
Inventory transfers to plant, property and equipment 13 17 1
Allowance for Funds Used During Construction, Investing Activities $ 16 $ 10 $ 7