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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 305 $ 339
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 379 356
Allowance for equity funds (19) (30)
Deferred income taxes and amortization of investment tax credits 9 105
Changes in regulatory assets and liabilities 18 (43)
Other, net 3 11
Changes in other operating assets and liabilities:    
Accounts receivable and other assets 19 45
Derivative collateral, net (30) 12
Inventories (5) 18
Income taxes 216 18
Accounts payable and other liabilities 92 55
Net cash flows from operating activities 987 886
Cash flows from investing activities:    
Capital expenditures (419) (532)
Other, net (22) (3)
Net cash flows from investing activities (441) (535)
Cash flows from financing activities:    
Proceeds from long-term debt 250 425
Repayments of long-term debt and capital lease obligations (1) (13)
Net repayments of short-term debt (20) 0
Common stock dividends (700) (625)
Other, net (2) (3)
Net cash flows from financing activities (473) (216)
Net change in cash and cash equivalents 73 135
Cash and cash equivalents at beginning of period 23 53
Cash and cash equivalents at end of period $ 96 $ 188