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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ (1,199) $ 169
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 282 300
Depreciation and amortization on assets held for sale 0 13
Amortization of deferred financing costs 7 7
Amortization of intangible assets in non-utility cost of revenues 1 9
Deferred income taxes (377) (14)
Goodwill impairment and loss from reclassification to held for sale 214 0
Goodwill Impairment 185 0
Unrealized loss (gain) on marketable securities 144 (83)
Loss (gain) on indexed debt securities (135) 86
Write-down of natural gas inventory 3 1
Equity in (earnings) losses of unconsolidated affiliates 1,475 (62)
Distributions from unconsolidated affiliates 70 74
Pension contributions (2) (2)
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 236 138
Inventory 110 120
Taxes receivable 13 0
Accounts payable (192) (332)
Fuel cost recovery 11 58
Non-trading derivatives, net (53) (40)
Margin deposits, net 21 19
Interest and taxes accrued (95) (116)
Net regulatory assets and liabilities (38) (3)
Other current assets (5) 16
Other current liabilities (37) (101)
Other assets 19 58
Other liabilities 1 (39)
Other operating activities, net 3 (5)
Net cash provided by operating activities from continuing operations 662 271
Cash Flows from Investing Activities:    
Capital expenditures (664) (537)
Acquisitions, net of cash acquired 0 (5,987)
Distributions from unconsolidated affiliate in excess of cumulative earnings 7 0
Other investing activities, net 3 (15)
Net cash used in investing activities from continuing operations (654) (6,539)
Cash Flows from Financing Activities:    
Proceeds from (payments of) commercial paper, net (828) 2,692
Proceeds from long-term debt, net 0 721
Payments of long-term debt (63) (994)
Proceeds from (Repayments of) Lines of Credit 1,050 135
Debt issuance costs 0 (8)
Payment of dividends on Common Stock (145) (144)
Payment of dividends on Preferred Stock (42) (43)
Other financing activities, net (4) (14)
Net cash provided by (used in) financing activities from continuing operations (32) 2,345
Net Decrease in Cash, Cash Equivalents and Restricted Cash (24) (3,923)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 271 4,278
Cash, Cash Equivalents and Restricted Cash at End of Period 247 355
Houston Electric [Member]    
Cash Flows from Operating Activities:    
Net income (loss) 33 27
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 129 175
Amortization of deferred financing costs 3 3
Deferred income taxes (1) (15)
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 19 21
Accounts receivable/payable–affiliated companies (3) (32)
Inventory (10) 1
Taxes receivable 0 5
Accounts payable (2) 2
Non-trading derivatives, net 0 (25)
Interest and taxes accrued (80) (58)
Net regulatory assets and liabilities (11) (44)
Other current assets 13 13
Other current liabilities 8 (7)
Other assets 0 3
Other liabilities 8 (1)
Other operating activities, net (3) (2)
Net cash provided by operating activities from continuing operations 103 66
Cash Flows from Investing Activities:    
Capital expenditures (286) (258)
Increase in notes receivable–affiliated companies 481 (979)
Other investing activities, net (3) 0
Net cash used in investing activities from continuing operations 192 (1,237)
Cash Flows from Financing Activities:    
Proceeds from long-term debt, net 0 696
Payments of long-term debt (63) (175)
Increase (decrease) in notes payable–affiliated companies 133 (1)
Dividend to parent (385) (24)
Contribution from parent 0 590
Debt issuance costs 0 (7)
Other financing activities, net 0 (1)
Net cash provided by (used in) financing activities from continuing operations (315) 1,078
Net Decrease in Cash, Cash Equivalents and Restricted Cash (20) (93)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 235 370
Cash, Cash Equivalents and Restricted Cash at End of Period 215 277
CERC Corp [Member]    
Cash Flows from Operating Activities:    
Net income (loss) 67 138
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 74 73
Depreciation and amortization on assets held for sale 0 4
Amortization of deferred financing costs 3 3
Deferred income taxes 23 21
Goodwill impairment and loss from reclassification to held for sale 132 0
Write-down of natural gas inventory 3 1
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 169 102
Accounts receivable/payable–affiliated companies 0 (18)
Inventory 114 119
Accounts payable (159) (255)
Fuel cost recovery 9 58
Non-trading derivatives, net (54) (26)
Margin deposits, net 21 19
Interest and taxes accrued (11) (8)
Net regulatory assets and liabilities 1 19
Other current assets (1) 7
Other current liabilities (13) (8)
Other assets 18 (12)
Other liabilities (15) 10
Other operating activities, net 0 1
Net cash provided by operating activities from continuing operations 381 248
Cash Flows from Investing Activities:    
Capital expenditures (176) (146)
Increase in notes receivable–affiliated companies 0 (106)
Other investing activities, net (1) 2
Net cash used in investing activities from continuing operations (177) (250)
Cash Flows from Financing Activities:    
Proceeds from (payments of) commercial paper, net (172) 11
Dividend to parent (32) (20)
Contribution from parent 0 0
Other financing activities, net (1) (2)
Net cash provided by (used in) financing activities from continuing operations (205) (11)
Net Decrease in Cash, Cash Equivalents and Restricted Cash (1) (13)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 2 25
Cash, Cash Equivalents and Restricted Cash at End of Period $ 1 $ 12