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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income $ 1,144 $ 1,092 $ 1,371
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation, decommissioning and amortization 1,426 1,273 1,178
Regulatory impacts of net nuclear decommissioning trust earnings 146 189 158
Other amortization 132 106 109
Stock-based compensation 16 17 13
Deferred income taxes and investment tax credits 852 973 574
Changes in operating assets and liabilities:      
Receivables (44) (25) (9)
Inventory (18) (11) 28
Margin and collateral deposits - net of collateral received 7 2 63
Prepaid taxes (110) (135) 178
Other current assets (87) (101) (29)
Accounts payable 11 (166) 43
Accrued taxes 4 36 (331)
Other current liabilities (33) 118 26
Derivative assets and liabilities - net 730 (43) (413)
Regulatory assets and liabilities - net (1,428) 278 1,457
Other assets (180) (10) 48
Other liabilities 693 (207) (395)
Net cash provided by operating activities 3,261 3,386 4,069
Cash flows from financing activities:      
Long-term debt issued 896 1,135 750
Long-term debt issuance costs (9) (16) (11)
Long-term debt repaid (14) (259) (154)
Bonds purchased (86) 0 (219)
Preference stock issued - net 123 0 0
Short-term debt financing - net 419 0 (1,893)
Settlements of stock-based compensation - net (10) (5) 4
Distributions to noncontrolling interests 0 0 (125)
Dividends paid (520) (352) (351)
Net cash provided (used) by financing activities 799 503 (1,999)
Cash flows from investing activities:      
Capital expenditures (4,122) (3,780) (2,999)
Proceeds from sale of nuclear decommissioning trust investments 2,773 1,432 2,217
Purchases of nuclear decommissioning trust investments and other (2,940) (1,651) (2,416)
Customer advances for construction and other investments 29 (3) (21)
Effect of deconsolidation of variable interest entities 0 (92) 0
Net cash used by investing activities (4,260) (4,094) (3,219)
Net decrease in cash and cash equivalents (200) (205) (1,149)
Cash and cash equivalents, beginning of year 257 462 1,611
Cash and cash equivalents, end of year $ 57 $ 257 $ 462