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Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 201,000,000 $ 236,000,000
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation, decommissioning and amortization 389,000,000 344,000,000
Regulatory impacts of net nuclear decommissioning trust earnings 77,000,000 41,000,000
Other amortization 20,000,000 28,000,000
Stock-based compensation 4,000,000 4,000,000
Deferred income taxes and investment tax credits 156,000,000 257,000,000
Proceeds from U.S. Treasury grants 29,000,000 0
Changes in operating assets and liabilities:    
Receivables 90,000,000 90,000,000
Inventory 11,000,000 4,000,000
Margin and collateral deposits - net of collateral received (1,000,000) 2,000,000
Prepaid taxes (1,000,000) (57,000,000)
Other current assets 19,000,000 (4,000,000)
Accounts payable (53,000,000) (88,000,000)
Accrued taxes 62,000,000 2,000,000
Other current liabilities (185,000,000) (244,000,000)
Derivative assets and liabilities - net 336,000,000 102,000,000
Regulatory assets and liabilities - net (317,000,000) (42,000,000)
Other assets (10,000,000) (6,000,000)
Other liabilities (52,000,000) 3,000,000
Net cash provided by operating activities 775,000,000 672,000,000
Cash flows from financing activities:    
Long-term debt issued 395,000,000 0
Long-term debt issuance costs (4,000,000) 0
Long-term debt repaid (1,000,000) (1,000,000)
Preferred stock issued - net 345,000,000 123,000,000
Short-term debt financing - net (89,000,000) 200,000,000
Settlements of stock-based compensation - net (15,000,000) (4,000,000)
Dividends paid (131,000,000) (128,000,000)
Net cash provided by financing activities 500,000,000 190,000,000
Cash flows from investing activities:    
Capital expenditures (1,189,000,000) (1,022,000,000)
Proceeds from sale of nuclear decommissioning trust investments 602,000,000 622,000,000
Purchases of nuclear decommissioning trust investments and other (684,000,000) (669,000,000)
Customer advances for construction and other investments 2,000,000 3,000,000
Net cash used by investing activities (1,269,000,000) (1,066,000,000)
Net increase (decrease) in cash and cash equivalents 6,000,000 (204,000,000)
Cash and cash equivalents, beginning of period 57,000,000 257,000,000
Cash and cash equivalents, end of period $ 63,000,000 $ 53,000,000