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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 114 $ 214
Less: Loss from discontinued operations (1) (2)
Income from continuing operations 115 216
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation, decommissioning and amortization 456 417
Regulatory impacts of net nuclear decommissioning trust earnings 77 41
Other amortization 26 37
Asset impairments and other 15 0
Stock-based compensation 8 7
Equity in loss from unconsolidated affiliates 1 5
Distributions from unconsolidated affiliates 0 5
Deferred income taxes and investment tax credits (22) 226
Income from leveraged leases (1) (1)
Proceeds from U.S. treasury grants 29 0
Changes in operating assets and liabilities:    
Receivables 118 128
Inventory 44 (18)
Margin and collateral deposits - net of collateral received (36) 15
Prepaid taxes (33) (143)
Other current assets 22 (6)
Rent payments in excess of levelized rent expense (38) (32)
Accounts payable (78) (49)
Accrued taxes 322 1
Other current liabilities (426) (207)
Derivative assets and liabilities - net 295 106
Regulatory assets and liabilities - net (254) (42)
Other assets (7) (7)
Other liabilities 45 21
Operating cash flows from discontinued operations (1) (2)
Net cash provided by operating activities 677 718
Cash flows from financing activities:    
Long-term debt issued 449 82
Long-term debt issuance costs (8) (1)
Long-term debt repaid (9) (9)
Preference stock issued - net 345 123
Short-term debt financing - net (86) 294
Settlements of stock-based compensation - net (28) (7)
Cash contributions from noncontrolling interests 238 0
Dividends and distributions to noncontrolling interests (14) (13)
Dividends paid (106) (104)
Net cash provided by financing activities 781 365
Cash flows from investing activities:    
Capital expenditures (1,276) (1,133)
Proceeds from sale of nuclear decommissioning trust investments 602 622
Purchases of nuclear decommissioning trust investments and other (684) (669)
Proceeds from partnerships and unconsolidated subsidiaries, net of investment 1 5
Investments in other assets (87) 1
Net cash used by investing activities (1,444) (1,174)
Net increase (decrease) in cash and cash equivalents 14 (91)
Cash and cash equivalents, beginning of period 1,469 1,389
Cash and cash equivalents, end of period $ 1,483 $ 1,298