XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
OPERATING ACTIVITIES    
Net income $ 1,479 $ 1,573
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 640 780
Deferred income taxes (4) (24)
Provision for uncollectible accounts 42 18
Accrued interest on affiliate note 28 57
Net loss on early retirement of debt 0 8
Changes in current assets and liabilities:    
Accounts receivable (15) 7
Accounts payable (34) (19)
Accrued income and other taxes 20 17
Other current assets and liabilities, net (31) (113)
Changes in other noncurrent assets and liabilities, net 11 10
Changes in affiliate obligations, net (69) (23)
Other, net 7 8
Net cash provided by operating activities 2,074 2,299
INVESTING ACTIVITIES    
Capital expenditures (613) (557)
Changes in advances to affiliates (231) (368)
Proceeds from sale of property, plant and equipment and other assets 42 31
Net cash used in investing activities (802) (894)
FINANCING ACTIVITIES    
Payment of note payable - affiliate (1,215) 0
Payments of long-term debt 0 (235)
Dividends paid 0 (570)
Changes in advances from affiliates (55) (592)
Net cash used in financing activities (1,270) (1,397)
Net increase in cash, cash equivalents and restricted cash 2 8
Cash, cash equivalents and restricted cash at beginning of period 4 15
Cash, cash equivalents and restricted cash at end of period 6 23
Supplemental cash flow information:    
Income taxes paid, net (497) (557)
Interest paid, including affiliate interest (net of capitalized interest of $20 and $14) (130) (129)
Supplemental noncash information of investing activities:    
Sale of property, plant and equipment in exchange for receivable 0 56
Cash, cash equivalents and restricted cash:    
Cash and cash equivalents 5 2
Restricted cash - noncurrent 1 21
Total $ 6 $ 23