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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING ACTIVITIES    
NET INCOME $ 192 $ 280
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME    
Depreciation and amortization 251 233
Deferred income taxes (87) 68
Rate case amortization and accruals 10 31
Common equity component of allowance for funds used during construction (1)  
Net derivative (gains)/losses (45) 31
Other non-cash items (net) 147 64
CHANGES IN ASSETS AND LIABILITIES    
Accounts receivable - customers, less allowance for uncollectibles (135) 54
Special deposits (438)  
Materials and supplies, including fuel oil and gas in storage 60 31
Other receivables and other current assets 85 (2)
Prepayments (263) (286)
Accounts payable (84) (78)
Pensions and retiree benefits obligations 270 253
Pensions and retiree benefits contributions (235) (184)
Accrued taxes (18) 41
Accrued interest 174 52
Deferred charges, noncurrent assets and other regulatory assets 37 (255)
Deferred credits and other regulatory liabilities (5) 117
Other assets 10  
Other liabilities (9) (48)
NET CASH FLOWS (USED IN)/FROM OPERATING ACTIVITIES (84) 402
INVESTING ACTIVITIES    
Utility construction expenditures (538) (471)
Cost of removal less salvage (47) (43)
Non-utility construction expenditures (91) (9)
Proceeds from grants related to renewable energy investments 13 6
Net investment in Pilesgrove solar project and other   27
NET CASH FLOWS USED IN INVESTING ACTIVITIES (663) (490)
FINANCING ACTIVITIES    
Net proceeds of short-term debt 482  
Issuance of long-term debt 700 400
Retirement of long-term debt (509) (1)
Issuance of common shares for stock plans, net of repurchases (1) (8)
Debt issuance costs (7) (4)
Common stock dividends (180) (175)
Preferred stock dividends   (3)
NET CASH FLOWS FROM FINANCING ACTIVITIES 485 209
CASH AND TEMPORARY CASH INVESTMENTS:    
NET CHANGE FOR THE PERIOD (262) 121
BALANCE AT BEGINNING OF PERIOD 394 648
BALANCE AT END OF PERIOD 132 769
Cash paid/(refunded) during the period for:    
Interest 90 89
Income taxes 24  
CECONY [Member]
   
OPERATING ACTIVITIES    
NET INCOME 277 276
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME    
Depreciation and amortization 233 218
Deferred income taxes 241 66
Rate case amortization and accruals 10 31
Other non-cash items (net) (10) 15
CHANGES IN ASSETS AND LIABILITIES    
Accounts receivable - customers, less allowance for uncollectibles (102) 43
Materials and supplies, including fuel oil and gas in storage 49 22
Other receivables and other current assets (15) 16
Prepayments (310) (287)
Accounts payable (58) (48)
Pensions and retiree benefits obligations 250 209
Pensions and retiree benefits contributions (235) (184)
Superfund and environmental remediation costs (net)   (1)
Accrued taxes (79) 57
Accrued interest 46 42
Deferred charges, noncurrent assets and other regulatory assets 28 (179)
Deferred credits and other regulatory liabilities (14) 108
Other liabilities 39 (36)
NET CASH FLOWS (USED IN)/FROM OPERATING ACTIVITIES 350 368
INVESTING ACTIVITIES    
Utility construction expenditures (515) (446)
Cost of removal less salvage (47) (41)
NET CASH FLOWS USED IN INVESTING ACTIVITIES (562) (487)
FINANCING ACTIVITIES    
Net payments of short-term debt (108)  
Issuance of long-term debt 700 400
Retirement of long-term debt (505)  
Debt issuance costs (7) (4)
Dividend to parent (182) (171)
Preferred stock dividends   (3)
NET CASH FLOWS FROM FINANCING ACTIVITIES (102) 222
CASH AND TEMPORARY CASH INVESTMENTS:    
NET CHANGE FOR THE PERIOD (314) 103
BALANCE AT BEGINNING OF PERIOD 353 372
BALANCE AT END OF PERIOD 39 475
Cash paid/(refunded) during the period for:    
Interest 84 83
Income taxes $ 45 $ (20)