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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows from Operating Activities:    
Net income $ 147 $ 120
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 66 60
Amortization of deferred financing costs 2 2
Deferred income taxes 88 71
Write-down of natural gas inventory 0 1
Equity in earnings of unconsolidated affiliate, net of distributions (72) (60)
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 94 37
Accounts receivable/payable–affiliated companies (5) (6)
Inventory 70 108
Accounts payable (148) (65)
Fuel cost recovery (6) (3)
Interest and taxes accrued (4) 3
Non-trading derivatives, net (32) 8
Margin deposits, net (46) 27
Other current assets 4 (3)
Other current liabilities (11) (2)
Other assets 13 5
Other liabilities 18 8
Other, net 2 2
Net cash provided by operating activities 180 313
Cash Flows from Investing Activities:    
Capital expenditures (98) (98)
Distribution from unconsolidated affiliate in excess of cumulative earnings 74 74
Increase in notes receivable–affiliated companies 0 (24)
Decrease in notes receivable–unconsolidated affiliate 0 363
Acquisitions, net of cash acquired (132) 0
Net cash provided by (used in) investing activities (156) 315
Cash Flows from Financing Activities:    
Decrease in short-term borrowings, net (35) (40)
Proceeds from (payments of) commercial paper, net 30 (219)
Dividends to parent (108) (363)
Debt issuance costs 0 (1)
Increase in notes payable–affiliated companies 52 0
Contribution from parent 38 0
Other, net 0 (1)
Net cash used in financing activities (23) (624)
Net Increase in Cash and Cash Equivalents 1 4
Cash and Cash Equivalents at Beginning of Period 1 0
Cash and Cash Equivalents at End of Period 2 4
Cash Payments:    
Interest, net of capitalized interest 29 28
Non-cash transactions:    
Accounts payable related to capital expenditures $ 28 $ 28