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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities:    
Net income $ 721 $ 614
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 645 634
Deferred income taxes 23 51
Gain on divestitures (303) 0
Loss (gain) on equity securities 78 (52)
Loss (gain) on indexed debt securities (171) 51
Equity in earnings of unconsolidated affiliates 0 (175)
Distributions from unconsolidated affiliates 0 77
Pension contributions (4) (8)
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net 64 220
Inventory 15 53
Taxes receivable (2) 4
Accounts payable (132) (120)
Net regulatory assets and liabilities 113 (2,329)
Other current assets and liabilities (164) (100)
Other non-current assets and liabilities 30 (16)
Other operating activities, net 65 20
Net cash provided by (used in) operating activities 978 (1,076)
Cash Flows from Investing Activities:    
Capital expenditures (1,880) (1,383)
Proceeds from sale of marketable securities 702 0
Proceeds from divestitures 2,075 0
Other investing activities, net 45 7
Net cash provided by (used in) investing activities 942 (1,376)
Cash Flows from Financing Activities:    
Decrease in short-term borrowings, net (43) (27)
Payment of obligation for finance lease (171) 0
Proceeds from (payments of) commercial paper, net (1,226) 225
Proceeds from long-term debt 1,292 4,493
Payments of long-term debt, including make-whole premiums (1,187) (1,960)
Payment of debt issuance costs (17) (37)
Payment of dividends on Common Stock (214) (183)
Payment of dividends on Preferred Stock (24) (65)
Other financing activities, net (7) (4)
Net cash provided by (used in) financing activities (1,597) 2,442
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 323 (10)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 254 167
Cash, Cash Equivalents and Restricted Cash at End of Period $ 577 $ 157