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STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities    
Net income $ 84 $ 59
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 121 114
Deferred income taxes (17) (11)
Allowance for equity funds used during construction (14) (5)
Provision for bad debts 1 2
Changes in operating assets and liabilities:    
Accounts receivable (19) (9)
Accrued unbilled revenues (11) (25)
Inventories (18) (18)
Prepayments and other 61 13
Accounts payable (45) 0
Net regulatory assets and liabilities 21 (20)
Other current liabilities (25) (49)
Pension and other employee benefit obligations (1) (2)
Other, net (19) (20)
Net cash provided by operating activities 119 29
Investing activities    
Utility capital/construction expenditures (360) (280)
Investments In Utility Money Pool Arrangement (25) 0
Repayments from utility money pool arrangement 25 0
Net cash used in investing activities (360) (280)
Financing activities    
(Repayments of) proceeds from short-term borrowings, net (165) 64
Borrowings under utility money pool arrangement 325 337
Repayments under utility money pool arrangement (387) (320)
Capital contributions from parent 518 210
Dividends paid to parent (47) (51)
Net cash provided by financing activities 244 240
Net change in cash, cash equivalents and restricted cash 3 (11)
Cash, cash equivalents and restricted cash at beginning of period 9 14
Cash, cash equivalents and restricted cash at end of period 12 3
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (21) (25)
Supplemental disclosure of non-cash investing and financing transactions:    
Accrued property, plant and equipment additions 255 122
Inventory transfers to property, plant and equipment 19 13
Allowance for equity funds used during construction $ 14 $ 5