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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 (Loss) $ 1,348 $ (1,724) $ (6,177)
Adjustments to reconcile net income (loss) to net cash from operating activities-      
Gain on disposal, net of tax (Note 3) (435) 0 0
Depreciation and amortization, including nuclear fuel, regulatory assets, net, intangible assets and deferred debt-related costs 1,384 1,700 1,974
Impairment of assets and related charges 0 2,399 10,665
Pension trust contributions (1,250) 0 (382)
Retirement benefits, net of payments (137) 29 64
Pension and OPEB mark-to-market adjustment 144 141 147
Deferred income taxes and investment tax credits, net 485 839 (3,063)
Asset removal costs charged to income 42 22 54
Unrealized (gain) loss on derivative transactions (5) 81 9
Gain on sale of investment securities held in trusts (9) (63) (50)
Changes in current assets and liabilities-      
Receivables (248) (39) (11)
Materials and supplies 24 (6) 41
Prepaid taxes and other (61) 30 27
Accounts payable 109 72 (37)
Accrued taxes 0 (9) 61
Accrued compensation and benefits 37 (27) 29
Other current liabilities (146) 20 56
Cash collateral, net (1) 27 (116)
Other 129 316 92
Net cash provided from operating activities 1,410 3,808 3,383
New Financing-      
Long-term debt 1,474 4,675 1,976
Short-term borrowings, net 950 0 975
Preferred stock issuance 1,616 0 0
Common stock issuance 850 0 0
Redemptions and Repayments-      
Long-term debt (2,608) (2,291) (2,331)
Short-term borrowings, net 0 (2,375) 0
Tender premiums paid on debt redemptions (89) 0 0
Preferred stock dividend payments (61) 0 0
Common stock dividend payments (711) (639) (611)
Other (27) (72) (43)
Net cash provided from (used for) financing activities 1,394 (702) (34)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Property additions (2,675) (2,587) (2,835)
Nuclear fuel 0 (254) (232)
Proceeds from asset sales 425 388 15
Sales of investment securities held in trusts 909 2,170 1,678
Purchases of investment securities held in trusts (963) (2,268) (1,789)
Notes receivable from affiliated companies (500) 0 0
Asset removal costs (218) (172) (145)
Other 4 0 6
Net cash used for investing activities (3,018) (2,723) (3,302)
Net change in cash, cash equivalents and restricted cash (214) 383 47
Cash, cash equivalents, and restricted cash at beginning of period 643 260 213
Cash, cash equivalents, and restricted cash at end of period 429 643 260
SUPPLEMENTAL CASH FLOW INFORMATION:      
Non-cash transaction: stock contribution to pension plan 0 0 500
Non-cash transaction: beneficial conversion feature (Note1) 296 0 0
Non-cash transaction: deemed dividend convertible preferred stock (Note 1) (296) 0 0
Interest (net of amounts capitalized) 1,071 1,039 1,050
Income taxes, net of refunds $ 49 $ 53 $ (16)