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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES    
NET INCOME $ 574 $ 364
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME    
Depreciation and amortization 526 506
Deferred income taxes 162 (134)
Rate case amortization and accruals 55 19
Common equity component of allowance for funds used during construction (3) (1)
Net derivative gains (15) 30
Pre-tax gain on termination of a LILO transaction 0 (49)
Pre-tax gain on sale of solar energy projects (45)  
Other non-cash items (net) (6) 46
CHANGES IN ASSETS AND LIABILITIES    
Accounts receivable - customers, less allowance for uncollectibles 24 11
Special deposits 312 (335)
Materials and supplies, including fuel oil and gas in storage 40 9
Other receivables and other current assets 2 2
Prepayments (11) 40
Accounts payable 21 (121)
Pensions and retiree benefits obligations 411 467
Pensions and retiree benefits contributions (413) (361)
Accrued taxes (407) 160
Accrued interest (76) 124
Superfund and environmental remediation costs (net) 16 (6)
Deferred charges, noncurrent assets and other regulatory assets (16) (34)
Deferred credits and other regulatory liabilities 154 79
Other assets (9) 66
Other liabilities (39) (17)
NET CASH FLOWS FROM OPERATING ACTIVITIES 1,257 865
INVESTING ACTIVITIES    
Utility construction expenditures (1,073) (1,114)
Cost of removal less salvage (99) (93)
Non-utility construction expenditures (113) (129)
Investments in solar energy projects (107) (2)
Proceeds from grants related to solar energy projects 36 18
Proceeds from sale of solar energy projects 108  
Decrease in restricted cash 15  
Proceeds from the termination of a LILO transaction 0 108
NET CASH FLOWS USED IN INVESTING ACTIVITIES (1,233) (1,212)
FINANCING ACTIVITIES    
Net issuance of short-term debt 80 861
Issuance of long-term debt 850 919
Retirement of long-term debt (478) (706)
Debt issuance costs (6) (12)
Common stock dividends (368) (360)
Issuance of common shares for stock plans, net of repurchases (2) (2)
NET CASH FLOWS FROM FINANCING ACTIVITIES 76 700
CASH AND TEMPORARY CASH INVESTMENTS:    
NET CHANGE FOR THE PERIOD 100 353
BALANCE AT BEGINNING OF PERIOD 674 394
BALANCE AT END OF PERIOD 774 747
Cash paid during the period for:    
Interest 277 281
Income taxes 518 27
CECONY [Member]
   
OPERATING ACTIVITIES    
NET INCOME 506 430
PRINCIPAL NON-CASH CHARGES/(CREDITS) TO INCOME    
Depreciation and amortization 486 468
Deferred income taxes 135 191
Rate case amortization and accruals 55 19
Common equity component of allowance for funds used during construction (2) (1)
Other non-cash items (net) (17) (25)
CHANGES IN ASSETS AND LIABILITIES    
Accounts receivable - customers, less allowance for uncollectibles 44 22
Materials and supplies, including fuel oil and gas in storage 37 2
Other receivables and other current assets (93) 18
Prepayments 13 (8)
Accounts payable (71) (119)
Pensions and retiree benefits obligations 390 435
Pensions and retiree benefits contributions (413) (361)
Accrued taxes (240) (114)
Accrued interest 12 4
Superfund and environmental remediation costs (net) 17 (4)
Deferred charges, noncurrent assets and other regulatory assets (86) (11)
Deferred credits and other regulatory liabilities 142 68
Other liabilities (33) 29
NET CASH FLOWS FROM OPERATING ACTIVITIES 882 1,043
INVESTING ACTIVITIES    
Utility construction expenditures (1,007) (1,062)
Cost of removal less salvage (97) (89)
NET CASH FLOWS USED IN INVESTING ACTIVITIES (1,104) (1,151)
FINANCING ACTIVITIES    
Net issuance of short-term debt 272 809
Issuance of long-term debt 850 700
Retirement of long-term debt (475) (700)
Debt issuance costs (6) (7)
Dividend to parent (356) (364)
NET CASH FLOWS FROM FINANCING ACTIVITIES 285 438
CASH AND TEMPORARY CASH INVESTMENTS:    
NET CHANGE FOR THE PERIOD 63 330
BALANCE AT BEGINNING OF PERIOD 633 353
BALANCE AT END OF PERIOD 696 683
Cash paid during the period for:    
Interest 248 251
Income taxes $ 392 $ 104