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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
NET INCOME $ 1,369 $ 205
Adjustments to reconcile net income to net cash from operating activities-    
Gain on deconsolidation, net of tax (Note 3) (1,239) 0
Depreciation and amortization, including nuclear fuel, regulatory assets, net, intangible assets and deferred debt-related costs 280 416
Deferred income taxes and investment tax credits, net 278 114
Retirement benefits, net of payments (46) 10
Pension trust contributions (1,250) 0
Unrealized (gain) loss on derivative transactions (10) 47
Changes in current assets and liabilities-    
Receivables 32 68
Materials and supplies 36 11
Prepaid taxes and other (144) (111)
Accounts payable 96 45
Accrued taxes (145) (131)
Accrued compensation and benefits (108) (137)
Other current liabilities (15) 20
Collateral, net (7) 58
Other (7) 170
Net cash provided from (used for) operating activities (880) 785
New Financing-    
Long-term debt 0 250
Short-term borrowings, net 900 75
Preferred stock issuance 1,616 0
Common stock issuance 850 0
Redemptions and Repayments-    
Long-term debt (1,476) (211)
Preferred stock dividend payments (21) 0
Common stock dividend payments (171) (159)
Other (19) (13)
Net cash provided from (used for) financing activities 1,679 (58)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property additions (583) (588)
Nuclear fuel 0 (132)
Proceeds from asset sales 20 0
Sales of investment securities held in trusts 300 738
Purchases of investment securities held in trusts (322) (761)
Notes receivable from affiliated companies (500) 0
Asset removal costs (57) (35)
Other (1) (1)
Net cash used for investing activites (1,143) (779)
Net change in cash and cash equivalents and restricted cash (344) (52)
Cash and cash equivalents and restricted cash at beginning of period 643 260
Cash and cash equivalents and restricted cash at end of period 299 208
SUPPLEMENTAL CASH FLOW INFORMATION:    
Non-cash transaction, beneficial conversion feature (Note 4) 296 0
Non-cash transaction, deemed dividend preferred stock (Note 4) $ (113) $ 0