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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities    
Net income $ 107 $ 55
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment of assets and other charges 0 60
Deferred income taxes, net 44 13
Depreciation and amortization 125 121
Amortization of nuclear fuel 10 10
Other adjustments (8) 7
Changes in certain assets and liabilities:    
Receivables 18 27
Receivables - affiliated and related party 8 (2)
Inventories 3 17
Prepayments 13 1
Regulatory assets (66) (6)
Regulatory liabilities 56 (49)
Accounts payable 22 39
Accounts payable - affiliated and related party (3) 21
Taxes accrued (156) (153)
Interest accrued (5) (8)
Pension and other postretirement benefits (4) 2
Other assets and liabilities (126) 28
Net cash provided by operating activities 38 183
Investing Activities    
Property additions and construction expenditures (211) (215)
Proceeds from investments and sales of assets 2 3
Purchase of investments (1) (3)
Proceeds from investments - affiliated 0 15
Investment in affiliate, net 0 (1)
Net cash used in investing activities (210) (201)
Financing Activities    
Dividend to parent (110) (75)
Short-term borrowings, net 52 30
Short-term borrowings - affiliated, net 231 88
Other (1) (1)
Net cash provided by financing activities 172 42
Net increase in cash, restricted cash and equivalents 0 24
Cash, restricted cash and equivalents at beginning of period [1] 54 5
Cash, restricted cash and equivalents at end of period [1] 54 29
Significant noncash investing and financing activities:    
Accrued construction expenditures $ 75 $ 76
[1] Includes $24 million of restricted cash at both March 31, 2022 and December 31, 2021, recorded within other current assets on the Consolidated Balance Sheets. At March 31, 2021 and December 31, 2020 there were no restricted cash and equivalent balances.