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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operating Activities:    
Net income $ 100 $ 92
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 325 372
Amortization of deferred financing costs 8 8
Deferred income taxes (56) (78)
Changes in other assets and liabilities:    
Accounts and notes receivable, net (73) (76)
Accounts receivable/payable - affiliated companies (17) 40
Inventory (3) (9)
Accounts payable (15) 6
Taxes receivable 95 (8)
Interest and taxes accrued (46) (79)
Net regulatory assets and liabilities 20 (5)
Other current assets 18 15
Other current liabilities (13) (36)
Other assets (2) 3
Other liabilities 1 4
Other, net (1) (6)
Net cash provided by operating activities 341 243
Cash Flows from Investing Activities:    
Capital expenditures (442) (371)
Decrease (increase) in notes receivable - affiliated companies 107 (79)
Decrease (increase) in restricted cash of transition and system restoration bond companies 13 (10)
Other, net (6) (19)
Net cash used in investing activities (328) (479)
Cash Flows from Financing Activities:    
Proceeds from long-term debt 0 600
Payments of long-term debt (198) (373)
Increase (decrease) in short-term notes payable - affiliated companies 131 (3)
Cash paid for debt retirement 0 (1)
Debt issuance costs 0 (6)
Net cash provided by (used in) financing activities (67) 217
Net Decrease in Cash and Cash Equivalents (54) (19)
Cash and Cash Equivalents at Beginning of Period 290 207
Cash and Cash Equivalents at End of Period 236 188
Cash Payments:    
Interest, net of capitalized interest 98 94
Income taxes, net 27 186
Non-cash transactions:    
Accounts payable related to capital expenditures $ 50 $ 49