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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities:    
Net income $ 224 $ 211
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 526 602
Amortization of deferred financing costs 11 12
Deferred income taxes (114) (95)
Changes in other assets and liabilities:    
Accounts and notes receivable, net (81) (99)
Accounts receivable/payable–affiliated companies (23) (9)
Inventory 1 (9)
Accounts payable (16) 0
Taxes receivable 103 0
Interest and taxes accrued 12 (60)
Net regulatory assets and liabilities 36 (7)
Other current assets 19 11
Other current liabilities (15) (18)
Other assets (1) 0
Other liabilities 5 10
Other, net 0 (6)
Net cash provided by operating activities 687 543
Cash Flows from Investing Activities:    
Capital expenditures (677) (588)
Decrease (increase) in notes receivable–affiliated companies 107 (43)
Decrease (increase) in restricted cash of transition and system restoration bond companies 9 (9)
Other, net (9) (7)
Net cash used in investing activities (570) (647)
Cash Flows from Financing Activities:    
Proceeds from long-term debt 0 600
Payments of long-term debt (310) (477)
Increase (decrease) in short-term notes payable–affiliated companies 120 (3)
Debt issuance costs 0 (7)
Other, net 0 (1)
Net cash provided by (used in) financing activities (190) 112
Net Increase (Decrease) in Cash and Cash Equivalents (73) 8
Cash and Cash Equivalents at Beginning of Period 290 207
Cash and Cash Equivalents at End of Period 217 215
Cash Payments:    
Interest, net of capitalized interest 169 186
Income taxes, net 157 221
Non-cash transactions:    
Accounts payable related to capital expenditures $ 52 $ 35