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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
OPERATING ACTIVITIES    
Net Income $ 934 $ 869
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME    
Depreciation and amortization 709 659
Deferred income taxes 344 368
Rate case amortization and accruals 32 39
Common equity component of allowance for funds used during construction (3) (8)
Net derivative gains (61) (25)
Other non-cash items (net) (53) 6
CHANGES IN ASSETS AND LIABILITIES    
Accounts receivable - customers, less allowance for uncollectibles (196) (4)
Materials and supplies, including fuel oil and gas in storage 1 (27)
Other receivables and other current assets 54 70
Prepayments (288) (128)
Accounts payable 18 (50)
Pensions and retiree benefits obligations 713 578
Pensions and retiree benefits contributions (821) (579)
Accrued taxes (80) 76
Accrued interest 46 57
Superfund and environmental remediation costs (net) 7  
Deferred charges, noncurrent assets and other regulatory assets 183 92
Deferred credits and other regulatory liabilities 83 158
Other liabilities 16 10
NET CASH FLOWS FROM OPERATING ACTIVITIES 1,638 2,161
INVESTING ACTIVITIES    
Utility construction expenditures (1,450) (1,404)
Cost of removal less salvage (118) (123)
Non-utility construction expenditures (68) (57)
Acquisition of Alpaugh solar energy projects (286)  
Proceeds from grants related to renewable energy investments 27 4
Net investment in Pilesgrove solar project and other 28 (31)
NET CASH FLOWS USED IN INVESTING ACTIVITIES (1,867) (1,611)
FINANCING ACTIVITIES    
Net proceeds from short-term debt 340  
Preferred stock redemption (239)  
Retirement of long-term debt (304) (3)
Issuance of long-term debt 400  
Issuance of common shares for stock plans, net of repurchases (16) 41
Debt issuance costs (4)  
Common stock dividends (524) (519)
Preferred stock dividends (3) (9)
NET CASH FLOWS USED IN FINANCING ACTIVITIES (350) (490)
CASH AND TEMPORARY CASH INVESTMENTS:    
NET CHANGE FOR THE PERIOD (579) 60
BALANCE AT BEGINNING OF PERIOD 648 338
BALANCE AT END OF PERIOD 69 398
Cash paid/(refunded) during the period for:    
Interest 379 371
Income taxes 46 (132)
CECONY [Member]
   
OPERATING ACTIVITIES    
Net Income 827 788
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME    
Depreciation and amortization 664 618
Deferred income taxes 220 309
Rate case amortization and accruals 32 38
Common equity component of allowance for funds used during construction (2) (6)
Other non-cash items (net) 84 60
CHANGES IN ASSETS AND LIABILITIES    
Accounts receivable - customers, less allowance for uncollectibles (197) 3
Materials and supplies, including fuel oil and gas in storage 12 2
Other receivables and other current assets (41) 243
Prepayments (308) (303)
Accounts payable 50 (45)
Pensions and retiree benefits obligations 639 527
Pensions and retiree benefits contributions (761) (532)
Accrued taxes 40 (7)
Accrued interest 46 46
Superfund and environmental remediation costs (net) 7  
Deferred charges, noncurrent assets and other regulatory assets 84 33
Deferred credits and other regulatory liabilities 88 167
Other liabilities (21) 19
NET CASH FLOWS FROM OPERATING ACTIVITIES 1,463 1,960
INVESTING ACTIVITIES    
Utility construction expenditures (1,368) (1,332)
Cost of removal less salvage (115) (118)
NET CASH FLOWS USED IN INVESTING ACTIVITIES (1,483) (1,450)
FINANCING ACTIVITIES    
Net proceeds from short-term debt 332  
Preferred stock redemption (239)  
Retirement of long-term debt (300)  
Issuance of long-term debt 400  
Debt issuance costs (4)  
Dividend to parent (512) (509)
Preferred stock dividends (3) (9)
NET CASH FLOWS USED IN FINANCING ACTIVITIES (326) (518)
CASH AND TEMPORARY CASH INVESTMENTS:    
NET CHANGE FOR THE PERIOD (346) (8)
BALANCE AT BEGINNING OF PERIOD 372 78
BALANCE AT END OF PERIOD 26 70
Cash paid/(refunded) during the period for:    
Interest 344 336
Income taxes $ 50 $ (103)