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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING ACTIVITIES    
NET INCOME $ 364 $ 494
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME    
Depreciation and amortization 506 469
Deferred income taxes (134) 146
Rate case amortization and accruals 19 22
Common equity component of allowance for funds used during construction (1) (2)
Net derivative (gains)/losses 30 (31)
Pre-tax gain on the termination of a LILO transaction (49)  
Other non-cash items (net) 154 (85)
CHANGES IN ASSETS AND LIABILITIES    
Accounts receivable - customers, less allowance for uncollectibles 11 89
Special deposits (335)  
Materials and supplies, including fuel oil and gas in storage 9 19
Other receivables and other current assets 2 17
Prepayments 40 (6)
Accounts payable (121) (89)
Pensions and retiree benefits obligations 467 483
Pensions and retiree benefits contributions (361) (450)
Superfund and environmental remediation costs (net) (6) 1
Accrued taxes 160 (34)
Accrued interest 124 19
Deferred charges, noncurrent assets and other regulatory assets (34) 116
Deferred credits and other regulatory liabilities 79 73
Other assets 66  
Other liabilities (17) (4)
NET CASH FLOWS FROM OPERATING ACTIVITIES 973 1,247
INVESTING ACTIVITIES    
Utility construction expenditures (1,114) (1,030)
Cost of removal less salvage (93) (85)
Non-utility construction expenditures (129) (43)
Increase in restricted cash (2)  
Proceeds from grants related to renewable energy investments 18 25
Net investment in Pilesgrove solar project and other   28
Proceeds from the termination of a LILO transaction 108  
NET CASH FLOWS USED IN INVESTING ACTIVITIES (1,212) (1,105)
FINANCING ACTIVITIES    
Net proceeds of short-term debt 753 800
Preferred stock redemption   (239)
Issuance of long-term debt 919 400
Retirement of long-term debt (706) (2)
Issuance of common shares for stock plans, net of repurchases (2) (12)
Debt issuance costs (12) (4)
Common stock dividends (360) (349)
Preferred stock dividends   (3)
NET CASH FLOWS FROM FINANCING ACTIVITIES 592 591
CASH AND TEMPORARY CASH INVESTMENTS:    
NET CHANGE FOR THE PERIOD 353 733
BALANCE AT BEGINNING OF PERIOD 394 648
BALANCE AT END OF PERIOD 747 1,381
Cash paid during the period for:    
Interest 281 281
Income taxes 27 45
CECONY [Member]
   
OPERATING ACTIVITIES    
NET INCOME 430 439
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME    
Depreciation and amortization 468 439
Deferred income taxes 191 106
Rate case amortization and accruals 19 22
Common equity component of allowance for funds used during construction (1) (1)
Other non-cash items (net) (25) (37)
CHANGES IN ASSETS AND LIABILITIES    
Accounts receivable - customers, less allowance for uncollectibles 22 63
Materials and supplies, including fuel oil and gas in storage 2 18
Other receivables and other current assets 18 (8)
Prepayments (8) 5
Accounts payable (119) (57)
Pensions and retiree benefits obligations 435 422
Pensions and retiree benefits contributions (361) (450)
Superfund and environmental remediation costs (net) (4) (1)
Accrued taxes (114) (3)
Accrued interest 4 7
Deferred charges, noncurrent assets and other regulatory assets (11) 59
Deferred credits and other regulatory liabilities 68 70
Other liabilities 29 12
NET CASH FLOWS FROM OPERATING ACTIVITIES 1,043 1,105
INVESTING ACTIVITIES    
Utility construction expenditures (1,062) (974)
Cost of removal less salvage (89) (83)
NET CASH FLOWS USED IN INVESTING ACTIVITIES (1,151) (1,057)
FINANCING ACTIVITIES    
Net proceeds of short-term debt 809 800
Preferred stock redemption   (239)
Issuance of long-term debt 700 400
Retirement of long-term debt (700)  
Debt issuance costs (7) (4)
Dividend to parent (364) (341)
Preferred stock dividends   (3)
NET CASH FLOWS FROM FINANCING ACTIVITIES 438 613
CASH AND TEMPORARY CASH INVESTMENTS:    
NET CHANGE FOR THE PERIOD 330 661
BALANCE AT BEGINNING OF PERIOD 353 372
BALANCE AT END OF PERIOD 683 1,033
Cash paid during the period for:    
Interest 251 252
Income taxes $ 104 $ 45