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STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
Net Income (Loss) Attributable to Parent $ 349 $ 318 $ 295
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 391 303 298
Deferred income taxes 17 (47) 22
Allowance for equity funds used during construction (3) (4) (33)
Provision for bad debts 9 6 6
Changes in operating assets and liabilities:      
Accounts receivable (67) (29) (14)
Increase (Decrease) in Accrued Unbilled Revenues (16) (10) 0
Inventories (19) (21) (35)
Prepayments and other (50) 16 (14)
Accounts payable 22 4 8
Net regulatory assets and liabilities (5) (154) (115)
Other current liabilities 52 (1) 13
Pension and other employee benefit obligations 1 (18) (16)
Other, net (5) (4) (1)
Net cash provided by operating activities 676 359 414
Investing activities      
Utility capital/construction expenditures (578) (580) (1,142)
Investments in utility money pool arrangement (176) (83) (4)
Receipts from utility money pool arrangement 176 83 4
Net cash used in investing activities (578) (580) (1,142)
Financing activities      
(Repayments of) proceeds from short-term borrowings, net (103) (113) 250
Proceeds from issuance of long-term debt 196 247 343
Borrowings under utility money pool arrangement 336 539 561
Repayments under utility money pool arrangement (427) (448) (561)
Capital contributions from parent 220 301 438
Dividends paid to parent (319) (310) (313)
Net cash provided by financing activities (97) 216 718
Net change in cash and cash equivalents 1 (5) (10)
Cash and cash equivalents at beginning of period 1 6 16
Cash and cash equivalents at end of period 2 1 6
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of amounts capitalized) (137) (108) (98)
Cash paid for income taxes, net 81 21 10
Supplemental disclosure of non-cash investing transactions:      
Accrued property, plant and equipment additions 86 37 99
Inventory transfers to plant, property and equipment 10 6 31
Allowance for Funds Used During Construction, Investing Activities $ 3 $ 4 $ 33