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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities:    
Net income $ 201 $ 126
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 134 123
Amortization of deferred financing costs 4 4
Deferred income taxes 115 82
Write-down of natural gas inventory 0 1
Equity in earnings of unconsolidated affiliate, net of distributions (131) (91)
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 295 221
Accounts receivable/payable–affiliated companies (1) (8)
Inventory (18) 66
Accounts payable (203) (96)
Fuel cost recovery (12) (17)
Interest and taxes accrued (27) (21)
Non-trading derivatives, net (49) 21
Margin deposits, net (43) 65
Other current assets 19 (8)
Other current liabilities (13) 16
Other assets (18) 4
Other liabilities 24 13
Other, net 1 2
Net cash provided by operating activities 278 503
Cash Flows from Investing Activities:    
Capital expenditures (223) (230)
Distribution from unconsolidated affiliate in excess of cumulative earnings 149 149
Decrease in notes receivable–unconsolidated affiliate 0 363
Acquisitions, net of cash acquired (132) (98)
Other, net 1 (2)
Net cash provided by (used in) investing activities (205) 182
Cash Flows from Financing Activities:    
Decrease in short-term borrowings, net (11) (23)
Proceeds from (payments of) commercial paper, net 149 (43)
Payments of long-term debt 0 (325)
Dividends to parent (248) (363)
Debt issuance costs (1) (1)
Contribution from parent 38 73
Other, net 0 (2)
Net cash used in financing activities (73) (684)
Net Increase in Cash and Cash Equivalents 0 1
Cash and Cash Equivalents at Beginning of Period 1 0
Cash and Cash Equivalents at End of Period 1 1
Cash Payments:    
Interest, net of capitalized interest 56 63
Income taxes, net 3 3
Non-cash transactions:    
Accounts payable related to capital expenditures $ 44 $ 36