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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities:    
Net income $ 126 $ 131
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 123 112
Amortization of deferred financing costs 4 5
Deferred income taxes 82 80
Write-down of natural gas inventory 1 2
Equity in (earnings) losses of unconsolidated affiliate, net of distributions (91) 50
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 221 442
Accounts receivable/payable–affiliated companies (8) 2
Inventory 66 105
Accounts payable (96) (298)
Fuel cost recovery (17) 86
Interest and taxes accrued (21) (26)
Non-trading derivatives, net 21 2
Margin deposits, net 65 25
Other current assets (8) 10
Other current liabilities 16 (20)
Other assets 4 8
Other liabilities 13 14
Other, net 1 1
Net cash provided by operating activities 502 731
Cash Flows from Investing Activities:    
Capital expenditures (230) (248)
Distribution from unconsolidated affiliate in excess of cumulative earnings 149 0
Decrease in notes receivable–unconsolidated affiliate 363 0
Acquisitions, net of cash acquired (98) 0
Other, net (2) 2
Net cash provided by (used in) investing activities 182 (246)
Cash Flows from Financing Activities:    
Decrease in short-term borrowings, net (23) (29)
Payments of commercial paper, net (43) (269)
Payments of long-term debt (325) 0
Dividends to parent (363) 0
Debt issuance costs (1) 0
Decrease in notes payable–affiliated companies 0 (188)
Contribution from parent 73 0
Other, net (1) 0
Net cash used in financing activities (683) (486)
Net Increase (Decrease) in Cash and Cash Equivalents 1 (1)
Cash and Cash Equivalents at Beginning of Period 0 2
Cash and Cash Equivalents at End of Period 1 1
Cash Payments:    
Interest, net of capitalized interest 63 64
Income taxes, net 3 6
Non-cash transactions:    
Accounts payable related to capital expenditures $ 36 $ 34