XML 17 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Net income $ 316 $ 286 $ 276
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 350 328 313
Deferred income taxes and investment tax credits 192 87 120
Allowance for equity funds used during construction (2) (24) (17)
Deferred recovery clauses (83) 54 26
Receivables, less allowance for uncollectibles (43) 18 (3)
Inventories 13 16 (21)
Taxes accrued (9) 68 (17)
Accounts payable (16) 63 (27)
Regulatory assets and liabilities (100) (11) (9)
Other (6) (54) (33)
Cash flows from operating activities 612 831 608
Cash flows from investing activities      
Capital expenditures (640) (727) (687)
Net proceeds from sale of assets 0 9 0
Cash flows used in investing activities (640) (718) (687)
Cash flows from financing activities      
Equity contributions from TECO Energy 190 150  
Proceeds from long-term debt issuance 0 0 251
Repayment of long-term debt 0 (83) (83)
Net change in short-term debt (maturities of 90 days or less) (165) 109 3
Proceeds from other short-term debt (maturities over 90 days) 300 0 0
Dividends to TECO Energy (292) (289)  
Other financing activities (2) 1 0
Cash flows from/(used in) financing activities 31 (112) 78
Net increase (decrease) in cash and cash equivalents 3 1 (1)
Cash and cash equivalents at beginning of the year 10 9 10
Cash and cash equivalents at end of the year 13 10 9
Supplemental disclosure of cash paid (received):      
Interest 115 103 106
Income taxes 13 (3) 64
Supplemental disclosure of non-cash activities      
Change in accrued capital expenditures (16) (9) 7
TECO Energy [Member]      
Cash flows from financing activities      
Equity contributions from TECO Energy 190 150 175
Dividends to TECO Energy $ (292) $ (289) $ (268)