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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 550 $ 578
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 567 541
Allowance for equity funds (26) (40)
Deferred income taxes and amortization of investment tax credits 32 145
Changes in regulatory assets and liabilities 41 (34)
Other, net 7 18
Changes in other operating assets and liabilities:    
Accounts receivable and other assets 14 22
Derivative collateral, net (42) 4
Inventories (3) 29
Income taxes 250 5
Accounts payable and other liabilities 121 89
Net cash flows from operating activities 1,511 1,357
Cash flows from investing activities:    
Capital expenditures (640) (777)
Other, net (8) 0
Net cash flows from investing activities (648) (777)
Cash flows from financing activities:    
Proceeds from long-term debt 250 425
Repayments of long-term debt and capital lease obligations (116) (213)
Net repayments of short-term debt (20) 0
Common stock dividends (950) (725)
Other, net (3) (4)
Net cash flows from financing activities (839) (517)
Net change in cash and cash equivalents 24 63
Cash and cash equivalents at beginning of period 23 53
Cash and cash equivalents at end of period $ 47 $ 116