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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities      
Net income $ 341 $ 316 $ 286
Adjustments to reconcile net income to net cash from operating activities:      
Depreciation and amortization 372 350 328
Deferred income taxes and investment tax credits (1) 192 87
Allowance for equity funds used during construction (10) (2) (24)
Deferred recovery clauses (55) (83) 54
Receivables, less allowance for uncollectibles (2) (43) 18
Inventories 4 13 16
Taxes accrued 6 (9) 68
Accounts payable 11 (16) 63
Regulatory assets and liabilities 98 (100) (11)
Other 38 (6) (54)
Cash flows from operating activities 802 612 831
Cash flows used in investing activities      
Capital expenditures (1,109) (640) (727)
Net proceeds from sale of assets 1 0 9
Cash flows used in investing activities (1,108) (640) (718)
Cash flows from or used in financing activities      
Equity contributions from TECO Energy 345 190  
Proceeds from long-term debt issuance 714 0 0
Repayment of long-term debt (304) 0 (83)
Net change in short-term debt (maturities of 90 days or less) 216 (165) 109
Proceeds from other short-term debt (maturities over 90 days) 0 300 0
Repayment of other short-term debt (maturities over 90 days) (300) 0 0
Dividends to TECO Energy (362) (292)  
Other financing activities (1) (2) 1
Cash flows from/(used in) financing activities 308 31 (112)
Net increase in cash and cash equivalents 2 3 1
Cash and cash equivalents at beginning of the year 13 10 9
Cash and cash equivalents at end of the year 15 13 10
Supplemental disclosure of cash paid (received):      
Interest 112 115 103
Income taxes 77 13 (3)
Supplemental disclosure of non-cash activities      
Change in accrued capital expenditures 40 (16) (9)
TECO Energy [Member]      
Cash flows from or used in financing activities      
Equity contributions from TECO Energy 345 190 150
Dividends to TECO Energy $ (362) $ (292) $ (289)