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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities    
Net Income $ 818 $ 598
Adjustments to reconcile Net Income to Net cash from operating activities:    
Depreciation and amortization 1,093 1,092
Nuclear fuel amortization 26 44
Allowance for equity funds used during construction (20) (20)
Deferred income taxes 15 (36)
Equity (earnings) losses of equity method investees 15 (90)
Dividends from equity method investees 4 78
Loss on extinguishment of debt 0 384
Asset (gains) losses and impairments, net (4) 46
Changes in assets and liabilities:    
Accounts receivable, net (150) (8)
Inventories (204) (209)
Prepaid postretirement benefit costs (60) (59)
Accounts payable 228 225
Accrued pension liability (71) (65)
Accrued postretirement liability (8) (9)
Derivative assets and liabilities 77 309
Regulatory assets and liabilities (552) 270
Other current and noncurrent assets and liabilities 205 (178)
Net cash from operating activities 1,412 2,372
Investing Activities    
Plant and equipment expenditures — utility (2,342) (2,591)
Plant and equipment expenditures — non-utility (55) (109)
Proceeds from sale of assets 4 2
Proceeds from sale of nuclear decommissioning trust fund assets 707 854
Investment in nuclear decommissioning trust funds (710) (853)
Distributions from equity method investees 11 11
Contributions to equity method investees (12) (7)
Notes receivable (13) (65)
Other (43) (22)
Net cash used for investing activities (2,453) (2,780)
Financing Activities    
Issuance of long-term debt, net of discount and issuance costs 1,771 4,033
Redemption of long-term debt (316) (3,242)
Short-term borrowings, net 236 323
Repurchase of common stock (55) (66)
Dividends paid on common stock (514) (631)
Contributions from noncontrolling interests 3 35
Distributions to noncontrolling interests (5) (33)
Prepayment costs for extinguishment of long-term debt 0 (361)
Transfer of cash to DT Midstream at separation 0 (37)
Other (63) (73)
Net cash from (used for) financing activities 1,057 (52)
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash 16 (460)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 35 516
Cash, Cash Equivalents, and Restricted Cash at End of Period 51 56
Supplemental disclosure of non-cash investing and financing activities    
Plant and equipment expenditures in accounts payable 331 386
Separation of DT Midstream net assets, excluding cash transferred $ 0 $ 3,962