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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net income $ 725 $ 923
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,042 974
Deferred income taxes 94 26
Loss (gain) on divestitures 12 (303)
Loss (gain) on equity securities (56) 284
Loss (gain) on indexed debt securities 52 (381)
Pension contributions (30) (6)
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net 528 95
Inventory 63 (224)
Taxes receivable (47) 1
Accounts payable (443) (119)
Net regulatory assets and liabilities 1,102 148
Other current assets and liabilities (41) (199)
Other non-current assets and liabilities 59 34
Other operating activities, net 9 72
Net cash provided by operating activities 3,069 1,325
Cash Flows from Investing Activities:    
Capital expenditures (3,323) (3,079)
Proceeds from sale of marketable securities 0 702
Proceeds from divestitures, net of cash divested 145 2,075
Other investing activities, net (12) 73
Net cash used in investing activities (3,190) (229)
Cash Flows from Financing Activities:    
Increase (decrease) in short-term borrowings, net (14) 457
Payment of obligation for finance lease 0 (218)
Payments of commercial paper, net (1,496) (1,620)
Proceeds from long-term debt and term loans 5,574 2,089
Payments of long-term debt and term loans, including make-whole premiums (2,613) (1,519)
Payment of debt issuance costs (50) (26)
Payment of dividends on Common Stock (359) (328)
Payment of dividends on Preferred Stock (49) (48)
Other financing activities, net (25) (7)
Net cash provided by (used in) financing activities 168 (1,220)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 47 (124)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 91 254
Cash, Cash Equivalents and Restricted Cash at End of Period 138 130
Payments for the Redemption of Preferred Stock $ (800) $ 0