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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net income $ 578 $ 443
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 749 668
Deferred income taxes 200 22
Loss on divestitures 0 12
Loss (gain) on equity securities 64 (7)
Loss (gain) on indexed debt securities (67) 5
Pension contributions (3) (4)
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net 188 647
Inventory 52 142
Taxes receivable (92) 2
Accounts payable (83) (403)
Net regulatory assets and liabilities (366) 1,022
Other current assets and liabilities (93) (120)
Other non-current assets and liabilities 21 48
Other operating activities, net (34) 5
Net cash provided by operating activities 1,114 2,482 Close
Cash Flows from Investing Activities:    
Capital expenditures (1,657) (2,259)
Proceeds from divestitures 0 145
Other investing activities, net 57 (40)
Net cash used in investing activities (1,600) (2,154) Close
Cash Flows from Financing Activities:    
Decrease in short-term borrowings, net (4) (14)
Payments of commercial paper, net (623) (920)
Proceeds from long-term debt and term loans, net 1,596 3,675
Payments of long-term debt and term loans, including make-whole premiums (463) (2,613)
Payment of debt issuance costs (12) (28)
Payment of dividends on Common Stock (254) (240)
Payment of dividends on Preferred Stock 0 (24)
Proceeds from issuance of Common Stock, net 247 0
Other financing activities, net (28) (23)
Net cash provided by (used in) financing activities 459 (187) Close
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash (27) 141 Close
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 109 91
Cash, Cash Equivalents and Restricted Cash at End of Period $ 82 $ 232