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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net income $ 443 $ 721
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 668 645
Deferred income taxes 22 23
Loss (gain) on divestitures 12 (303)
Loss (gain) on equity securities (7) 78
Loss (gain) on indexed debt securities 5 (171)
Pension contributions (4) (4)
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net 647 64
Inventory 142 15
Taxes receivable 2 (2)
Accounts payable (403) (132)
Net regulatory assets and liabilities 1,022 113
Other current assets and liabilities (120) (164)
Other non-current assets and liabilities 48 30
Other operating activities, net 5 65
Net cash provided by operating activities 2,482 978
Cash Flows from Investing Activities:    
Capital expenditures (2,259) (1,880)
Proceeds from sale of marketable securities 0 702
Proceeds from divestitures, net of cash divested 145 2,075
Other investing activities, net (40) 45
Net cash provided by (used in) investing activities (2,154) 942
Cash Flows from Financing Activities:    
Decrease in short-term borrowings, net (14) (43)
Payment of obligation for finance lease 0 (171)
Payments of commercial paper, net (920) (1,226)
Proceeds from long-term debt and term loans 3,675 1,292
Payments of long-term debt and term loans, including make-whole premiums (2,613) (1,187)
Payment of debt issuance costs (28) (17)
Payment of dividends on Common Stock (240) (214)
Payment of dividends on Preferred Stock (24) (24)
Other financing activities, net (23) (7)
Net cash used in financing activities (187) (1,597)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 141 323
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 91 254
Cash, Cash Equivalents and Restricted Cash at End of Period $ 232 $ 577