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STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash Flows from Operating Activities:      
Net income (loss) $ (912) $ 323 $ 64
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 227 206 230
Amortization of deferred financing costs 9 9 11
Deferred income taxes (542) 178 357
Write-down of natural gas inventory 4 8 4
Equity in (earnings) losses of unconsolidated affiliates, net of distributions 1,779 (2) (58)
Changes in other assets and liabilities:      
Accounts receivable and unbilled revenues, net 347 7 (220)
Accounts receivable/payable–affiliated companies 9 1 (2)
Inventory 35 (81) (10)
Taxes receivable 0 18 (18)
Accounts payable (221) 17 110
Fuel cost recovery 43 (41) 108
Interest and taxes accrued 58 (3) 33
Non-trading derivatives, net (6) (34) 4
Margin deposits, net (4) (79) 16
Other current assets 13 8 3
Other current liabilities (11) (6) 5
Other assets (6) (11) (18)
Other liabilities (5) 11 6
Other, net (1) 6 10
Net cash provided by operating activities 816 535 635
Cash Flows from Investing Activities:      
Capital expenditures (606) (512) (495)
Distributions from unconsolidated affiliates in excess of cumulative earnings 148 0 0
Investment in unconsolidated affiliates 0 (1) 0
Cash contribution to Enable 0 0 (38)
Other, net 6 0 (3)
Net cash used in investing activities (452) (513) (536)
Cash Flows from Financing Activities:      
Increase (decrease) in short-term borrowings, net (13) 10 5
Proceeds from (payments of) commercial paper, net (122) 223 118
Proceeds from long-term debt 0 0 1,050
Payments of long-term debt 0 0 (525)
Cash paid for debt exchange 0 0 (5)
Dividends to parent (43) (405) 0
Increase (decrease) in notes payable–affiliated companies (188) 150 (741)
Other, net 0 1 (1)
Net cash used in financing activities (366) (21) (99)
Net Increase (Decrease) in Cash and Cash Equivalents (2) 1 0
Cash and Cash Equivalents at Beginning of the Year 2 1 1
Cash and Cash Equivalents at End of the Year 0 2 1
Cash Payments:      
Interest, net of capitalized interest 125 128 148
Income taxes (refunds), net 6 (1) (5)
Non-cash transactions:      
Accounts payable related to capital expenditures 37 37 21
Formation of Enable 0 0 4,252
Exercise of SESH put to Enable $ 1 $ 196 $ 0