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Consolidated Statement of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES      
Net income $ 1,382 $ 1,525 $ 1,245
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME      
Depreciation and amortization 1,438 1,341 1,216
Deferred income taxes 408 485 783
Rate case amortization and accruals (117) (124) (210)
Common equity component of allowance for funds used during construction (12) (11) (10)
Net derivative (gains)/losses 8 (4) (6)
Unbilled revenue and net unbilled revenue deferrals 18 (113) (71)
(Gain) on sale of retail electric supply business and solar electric production projects 0 (1) (104)
(Gain) on acquisition of Sempra Solar Holdings, LLC (131) 0 0
Other non-cash items, net 115 5 198
CHANGES IN ASSETS AND LIABILITIES      
Accounts receivable - customers (140) 9 (69)
Materials and supplies, including fuel oil and gas in storage (20) 5 13
Other receivables and other current assets (62) 0 69
Taxes receivable 27 15 87
Prepayments (7) (19) 20
Accounts payable (46) 95 29
Pensions and retiree benefits obligations, net 325 414 609
Pensions and retiree benefits contributions (479) (467) (515)
Accrued taxes (49) 44 2
Accrued interest (35) (7) 14
Superfund and environmental remediation costs, net (19) (14) 69
Distributions from equity investments 107 108 68
System benefit charge 92 101 244
Deferred charges, noncurrent assets and other regulatory assets (393) 2,376 (97)
Deferred credits and other regulatory liabilities 436 (2,524) (68)
Other current and noncurrent liabilities (151) 128 (57)
NET CASH FLOWS FROM OPERATING ACTIVITIES 2,695 3,367 3,459
INVESTING ACTIVITIES      
Utility construction expenditures (3,251) (3,028) (2,835)
Cost of removal less salvage (258) (248) (206)
Non-utility construction expenditures (246) (415) (845)
Acquisition of Sempra Solar Holdings, LLC, net of cash acquired (1,488) 0 0
Proceeds from sale of assets 5 34 252
Proceeds from the transfer of assets to NY Transco 0 0 122
Other investing activities 34 37 31
NET CASH FLOWS USED IN INVESTING ACTIVITIES (5,471) (3,710) (4,950)
FINANCING ACTIVITIES      
Net (payment)/issuance of short-term debt 1,989 (477) (475)
Issuance of long-term debt 3,030 1,697 2,590
Retirement of long-term debt (1,938) (434) (735)
Debt issuance costs (61) (19) (24)
Common stock dividends (842) (803) (763)
Issuance of common shares - public offering 705 343 702
Issuance of common shares for stock plans 53 51 51
Distribution to noncontrolling interest 2 (1) (1)
NET CASH FLOWS FROM FINANCING ACTIVITIES 2,938 357 1,345
CASH, TEMPORARY CASH INVESTMENTS AND RESTRICTED CASH:      
NET CHANGE FOR THE PERIOD 162 14 (146)
BALANCE AT BEGINNING OF PERIOD   826 972
BALANCE AT END OF PERIOD     826
LESS: CHANGE IN CASH BALANCES HELD FOR SALE     (4)
BALANCE AT BEGINNING OF PERIOD 844 830  
BALANCE AT END OF PERIOD EXCLUDING HELD FOR SALE 1,006 844 830
Cash paid/(received) during the period for:      
Interest 805 725 664
Income taxes 0 (29) (180)
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION      
Construction expenditures in accounts payable 369 432 388
Issuance of common shares for dividend reinvestment 47 46 46
Debt assumed with business acquisitions 568 0 195
Software licenses acquired but unpaid as of end of period 100 0 0
Electric and Gas Transmission Projects      
INVESTING ACTIVITIES      
Investments in/acquisitions of projects (248) (45) (1,076)
Renewable Electric Production Projects      
INVESTING ACTIVITIES      
Investments in/acquisitions of projects (19) (45) (393)
CECONY      
OPERATING ACTIVITIES      
Net income 1,196 1,104 1,056
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME      
Depreciation and amortization 1,276 1,195 1,106
Deferred income taxes 354 575 545
Rate case amortization and accruals (133) (142) (227)
Common equity component of allowance for funds used during construction (11) (10) (8)
Unbilled revenue and net unbilled revenue deferrals (4) (17) (36)
Other non-cash items, net 13 (59) 5
CHANGES IN ASSETS AND LIABILITIES      
Accounts receivable - customers (153) 15 (23)
Materials and supplies, including fuel oil and gas in storage (17) (17) 18
Other receivables and other current assets (96) 23 (11)
Accounts receivables from affiliated companies (150) 45 81
Prepayments (9) (8) 13
Accounts payable (27) 125 20
Accounts payable to affiliated companies 7 0 (2)
Pensions and retiree benefits obligations, net 293 370 579
Pensions and retiree benefits contributions (440) (420) (476)
Accrued taxes (47) 52 1
Accrued taxes to affiliated companies (72) (47) 117
Accrued interest (1) 2 (7)
Superfund and environmental remediation costs, net (18) (12) 79
System benefit charge 86 85 221
Deferred charges, noncurrent assets and other regulatory assets (314) 2,212 (172)
Deferred credits and other regulatory liabilities 549 (2,242) 179
Other current and noncurrent liabilities (78) 37 (20)
NET CASH FLOWS FROM OPERATING ACTIVITIES 2,204 2,866 3,038
INVESTING ACTIVITIES      
Utility construction expenditures (3,051) (2,840) (2,672)
Cost of removal less salvage (255) (240) (203)
Proceeds from the transfer of assets to NY Transco 0 0 122
NET CASH FLOWS USED IN INVESTING ACTIVITIES (3,306) (3,080) (2,753)
FINANCING ACTIVITIES      
Net (payment)/issuance of short-term debt 1,042 (450) (433)
Issuance of long-term debt 2,740 1,200 1,300
Retirement of long-term debt (1,836) 0 (650)
Debt issuance costs (30) (15) (13)
Capital contribution by parent 120 301 100
Dividend to parent (846) (796) (744)
NET CASH FLOWS FROM FINANCING ACTIVITIES 1,190 240 (440)
CASH, TEMPORARY CASH INVESTMENTS AND RESTRICTED CASH:      
NET CHANGE FOR THE PERIOD 88 26 (155)
BALANCE AT BEGINNING OF PERIOD 730 704 859
BALANCE AT END OF PERIOD EXCLUDING HELD FOR SALE 818 730 704
Cash paid/(received) during the period for:      
Interest 662 602 581
Income taxes 195 108 (162)
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION      
Construction expenditures in accounts payable 299 351 295
Software licenses acquired but unpaid as of end of period $ 95 $ 0 $ 0