XML 113 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities      
Net Income $ 668 $ 618 $ 720
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation, depletion and amortization 1,094 1,018 995
Nuclear fuel amortization 38 29 46
Allowance for equity funds used during construction (15) (13) (6)
Deferred income taxes 164 47 220
Loss on sale of non-utility business 0 83 0
Asset (gains) and losses, reserves and impairments, net (8) 1 (21)
Changes in assets and liabilities:      
Accounts receivable, net (154) 52 71
Inventories 123 35 (129)
Accounts payable 14 40 (23)
Derivative assets and liabilities 107 53 (94)
Accrued pension obligation (644) 280 432
Accrued postretirement obligation (526) (323) 209
Regulatory assets and liabilities 1,269 278 (662)
Other assets (24) 55 44
Other liabilities 48 (44) 206
Net cash from operating activities 2,154 2,209 2,008
Investing Activities      
Plant and equipment expenditures — utility (1,534) (1,451) (1,382)
Plant and equipment expenditures — non-utility (342) (369) (102)
Proceeds from sale of non-utility business 0 255 0
Proceeds from sale of assets 36 38 18
Restricted cash for debt redemption, principally Securitization (1) 2 (5)
Acquisition, Net of Cash Acquired 0 (198) 0
Proceeds from sale of nuclear decommissioning trust fund assets 1,118 759 833
Investment in nuclear decommissioning trust funds (1,134) (764) (850)
Other (49) (41) (72)
Net cash used for investing activities (1,906) (1,769) (1,560)
Financing Activities      
Issuance of long-term debt, net of issuance costs 1,234 759 1,179
Redemption of long-term debt (961) (639) (1,455)
Short-term borrowings, net (109) (179) 269
Issuance of common stock 39 39 0
Repurchase of common stock 0 0 (18)
Dividends on common stock (445) (407) (389)
Other (19) (16) (31)
Net cash used for financing activities (261) (443) (445)
Net Increase (Decrease) in Cash and Cash Equivalents (13) (3) 3
Cash and Cash Equivalents at Beginning of Period 65 68 65
Cash and Cash Equivalents at End of Period 52 65 68
Supplemental disclosure of cash information      
Cash paid (received) for interest (net of interest capitalized) 418 438 485
Cash paid (received) for Income Taxes 121 173 (205)
Supplemental disclosure of non-cash information      
Common stock issued for employee benefit and compensation plans 293 155 15
Plant and equipment expenditures in accounts payable $ 329 $ 235 $ 212