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STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities:      
Net income (loss) $ 745 $ 245 $ (912)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 279 249 227
Amortization of deferred financing costs 9 9 9
Deferred income taxes (162) 156 (542)
Write-down of natural gas inventory 0 1 4
Equity in (earnings) losses of unconsolidated affiliates, net of distributions (265) (208) 1,779
Changes in other assets and liabilities:      
Accounts receivable and unbilled revenues, net (143) (122) 347
Accounts receivable/payable–affiliated companies 0 4 9
Inventory (22) 34 35
Accounts payable 64 117 (221)
Fuel cost recovery (85) (72) 43
Interest and taxes accrued 1 7 58
Non-trading derivatives, net (82) 29 (6)
Margin deposits, net (55) 101 (4)
Net regulatory assets and liabilities (27) 0 0
Other current assets 2 (19) 13
Other current liabilities 15 2 (11)
Other assets (8) (21) (6)
Other liabilities 6 (2) (5)
Other, net 6 2 0
Net cash provided by operating activities 278 512 817
Cash Flows from Investing Activities:      
Capital expenditures (513) (517) (606)
Acquisitions, net of cash acquired (132) (102) 0
Distributions from unconsolidated affiliates in excess of cumulative earnings 297 297 148
Decrease in notes receivable–affiliated companies 0 363 0
Other, net 2 1 6
Net cash provided by (used in) investing activities (346) 42 (452)
Cash Flows from Financing Activities:      
Increase (decrease) in short-term borrowings, net 4 (5) (13)
Proceeds from (payments of) commercial paper, net 329 350 (122)
Proceeds from long-term debt 298 0 0
Payments of long-term debt (550) (325) 0
Dividends to parent (601) (643) (43)
Debt issuance costs (4) 0 0
Loss on reacquired debt (5) 0 0
Contribution from parent 38 72 0
Increase (decrease) in notes payable–affiliated companies 570 0 (188)
Other, net 0 (2) (1)
Net cash provided by (used in) financing activities 79 (553) (367)
Net Increase (Decrease) in Cash and Cash Equivalents 11 1 (2)
Cash and Cash Equivalents at Beginning of the Year 1 0 2
Cash and Cash Equivalents at End of the Year 12 1 0
Cash Payments:      
Interest, net of capitalized interest 116 116 125
Income taxes 4 3 6
Non-cash transactions:      
Accounts payable related to capital expenditures $ 56 $ 35 $ 37