XML 11 R5.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net income $ 384 $ 381
Adjustments to reconcile net income to cash from operating activities:    
Depreciation and amortization 340 316
Deferred income taxes and investment tax credits 3 (18)
Allowance for equity funds used during construction (20) (13)
Deferred recovery clauses 132 312
Regulatory assets and liabilities 24 75
Pension and post-retirement asset and liabilities (10) (20)
Other 5 15
Changes in working capital:    
Receivables, less allowance for credit losses (18) (132)
Inventories (5) (47)
Taxes accrued 55 81
Interest accrued 17 22
Accounts payable (47) (51)
Other (7) (10)
Cash flows from operating activities 853 911
Cash flows used in investing activities    
Capital expenditures (989) (889)
Net proceeds from sale of assets 3 0
Cash flows used in investing activities (986) (889)
Cash flows from financing activities    
Equity contributions from Parent 555 300
Proceeds from long-term debt issuance 495 0
Repayment of long-term debt (300) 0
Net increase (decrease) in short-term debt (maturities of 90 days or less) (321) 139
Advances to affiliate 0 (160)
Dividends to Parent (284) (302)
Other (2) (1)
Cash flows from (used in) financing activities 143 (24)
Net increase (decrease) in cash and cash equivalents 10 (2)
Cash and cash equivalents at beginning of period 5 10
Cash and cash equivalents at end of period 15 8
Supplemental disclosure of non-cash activities    
Change in accrued capital expenditures 3 (19)
Change in notes receivable from PGS $ 0 $ (736)