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STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net income (loss) $ 917 $ 1,057 $ 1,486
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 1,401 1,288 1,316
Deferred income taxes 31 20 213
Loss (gain) on divestitures 13 (303) (681)
Loss (gain) on equity securities (31) 227 172
Loss (gain) on indexed debt securities 27 (325) (50)
Equity in earnings of unconsolidated affiliates 0 0 (339)
Distributions from unconsolidated affiliates 0 0 155
Pension contributions (32) (35) (61)
Changes in other assets and liabilities:      
Accounts receivable and unbilled revenues, net 423 (461) (98)
Inventory 167 (259) (140)
Taxes receivable (74) (19) 81
Accounts payable (302) 203 175
Net regulatory assets and liabilities 1,043 234 (2,295)
Other current assets and liabilities 162 (5) 56
Other non-current assets and liabilities 72 109 (53)
Other operating activities, net 60 79 85
Net cash provided by operating activities 3,877 1,810 22 Close
Cash Flows from Investing Activities:      
Capital expenditures (4,401) (4,419) (3,164)
Transaction costs related to Enable Merger (Note 4) 0 0 (49)
Cash received related to Enable Merger 0 0 5
Proceeds from sale of equity securities, net of transaction costs 0 702 1,320
Proceeds from divestitures (Note 4) 144 2,075 22
Other investing activities, net 24 14 15
Net cash used in investing activities (4,233) (1,628) (1,851) Close
Cash Flows from Financing Activities:      
Increase (decrease) in short-term borrowings, net (10) 452 (27)
Payment of obligation for finance lease 0 (485) (179)
Proceeds from (payments of) commercial paper, net (1,055) (74) 1,132
Proceeds from long-term debt and term loans 6,044 2,089 4,493
Payments of long-term debt and term loans, including make-whole premiums (3,190) (1,795) (2,968)
Payment of debt issuance costs (55) (36) (38)
Payment of dividends on Common Stock (485) (440) (385)
Payment of dividends on Preferred Stock (50) (49) (107)
Redemption of Series A Preferred Stock (800) 0 0
Other financing activities, net (25) (7) (5)
Net cash provided by (used in) financing activities 374 (345) 1,916 Close
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 18 (163) 87 Close
Cash, Cash Equivalents and Restricted Cash at Beginning of Year 91 254 167
Cash, Cash Equivalents and Restricted Cash at End of Year $ 109 $ 91 $ 254