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CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ (973) $ 634
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 885 938
Depreciation and amortization on assets held for sale 0 49
Amortization of deferred financing costs 23 22
Amortization of intangible assets in non-utility cost of revenues 1 19
Deferred income taxes (429) 8
Goodwill impairment and loss from reclassification to held for sale 175 0
Goodwill Impairment 185 0
Unrealized loss (gain) on marketable securities (14) (206)
Loss (gain) on indexed debt securities 25 216
Write-down of natural gas inventory 3 5
Equity in (earnings) losses of unconsolidated affiliates 1,499 (213)
Distributions from unconsolidated affiliates 109 226
Pension contributions (84) (94)
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 326 521
Inventory (50) (85)
Taxes receivable 4 (69)
Accounts payable (251) (646)
Fuel cost recovery (5) 68
Non-trading derivatives, net (14) (66)
Margin deposits, net 65 (33)
Interest and taxes accrued (53) (89)
Net regulatory assets and liabilities (76) (101)
Other current assets 6 31
Other current liabilities 30 (118)
Other assets 5 81
Other liabilities 46 (22)
Other operating activities, net 1 10
Net cash provided by operating activities from continuing operations 1,439 1,086
Cash Flows from Investing Activities:    
Capital expenditures (1,889) (1,822)
Acquisitions, net of cash acquired 0 (5,991)
Distributions from unconsolidated affiliate in excess of cumulative earnings 46 0
Proceeds from divestitures (Note 3) 1,136 0
Other investing activities, net 24 38
Net cash used in investing activities from continuing operations (683) (7,775)
Cash Flows from Financing Activities:    
Increase in short-term borrowings, net 37 0
Proceeds from (payments of) commercial paper, net (1,057) 1,584
Proceeds from long-term debt, net 299 2,916
Payments of long-term debt (1,060) (1,225)
Payment of debt issuance costs (4) (19)
Payment of dividends on Common Stock (309) (433)
Payment of dividends on Preferred Stock (114) (101)
Proceeds from issuance of Common Stock, net 672 0
Proceeds from issuance of Series C Preferred Stock, net 723 0
Other financing activities, net (6) (14)
Net cash provided by (used in) financing activities from continuing operations (819) 2,708
Net Decrease in Cash, Cash Equivalents and Restricted Cash (63) (3,981)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 271 4,278
Cash, Cash Equivalents and Restricted Cash at End of Period 208 297
Houston Electric [Member]    
Cash Flows from Operating Activities:    
Net income (loss) 277 312
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 420 519
Amortization of deferred financing costs 8 8
Deferred income taxes (36) (39)
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net (145) (84)
Accounts receivable/payable–affiliated companies 10 (7)
Inventory (35) (9)
Taxes receivable 0 5
Accounts payable (7) 3
Non-trading derivatives, net 15 (25)
Interest and taxes accrued 16 (28)
Net regulatory assets and liabilities 5 (58)
Other current assets 13 15
Other current liabilities 21 (3)
Other assets (5) 8
Other liabilities 6 (13)
Other operating activities, net (11) (9)
Net cash provided by operating activities from continuing operations 552 595
Cash Flows from Investing Activities:    
Capital expenditures (750) (744)
Decrease (increase) in notes receivable–affiliated companies 456 (772)
Other investing activities, net 11 12
Net cash used in investing activities from continuing operations (283) (1,504)
Cash Flows from Financing Activities:    
Increase in short-term borrowings, net 5 0
Proceeds from long-term debt, net 299 696
Payments of long-term debt (160) (390)
Decrease in notes payable–affiliated companies 0 (1)
Dividend to parent (457) (100)
Contribution from parent 0 590
Capital distribution to parent associated with the sale of CES 0 0
Payment of debt issuance costs (3) (8)
Other financing activities, net 0 (1)
Net cash provided by (used in) financing activities from continuing operations (316) 786
Net Decrease in Cash, Cash Equivalents and Restricted Cash (47) (123)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 235 370
Cash, Cash Equivalents and Restricted Cash at End of Period 188 247
CERC Corp [Member]    
Cash Flows from Operating Activities:    
Net income (loss) 76 159
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 226 218
Depreciation and amortization on assets held for sale 0 10
Amortization of deferred financing costs 7 8
Deferred income taxes 19 26
Goodwill impairment and loss from reclassification to held for sale 93 0
Write-down of natural gas inventory 3 5
Changes in other assets and liabilities, excluding acquisitions:    
Accounts receivable and unbilled revenues, net 402 653
Accounts receivable/payable–affiliated companies (8) (9)
Inventory (3) (47)
Taxes receivable 0 4
Accounts payable (180) (458)
Fuel cost recovery (5) 68
Non-trading derivatives, net (13) (60)
Margin deposits, net 65 (33)
Interest and taxes accrued (18) (23)
Net regulatory assets and liabilities (23) (1)
Other current assets 4 11
Other current liabilities (7) (9)
Other assets 7 (3)
Other liabilities 8 2
Other operating activities, net (7) 0
Net cash provided by operating activities from continuing operations 646 513
Cash Flows from Investing Activities:    
Capital expenditures (624) (546)
Decrease (increase) in notes receivable–affiliated companies (9) 27
Proceeds from divestitures (Note 3) 286 0
Other investing activities, net 8 4
Net cash used in investing activities from continuing operations (339) (515)
Cash Flows from Financing Activities:    
Increase in short-term borrowings, net 31 0
Proceeds from (payments of) commercial paper, net 30 100
Dividend to parent (80) (119)
Contribution from parent 0 0
Capital distribution to parent associated with the sale of CES (286) 0
Other financing activities, net (2) (2)
Net cash provided by (used in) financing activities from continuing operations (307) (21)
Net Decrease in Cash, Cash Equivalents and Restricted Cash 0 (23)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 2 25
Cash, Cash Equivalents and Restricted Cash at End of Period $ 2 $ 2