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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities    
Net income $ 32 $ 34
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 37 39
Deferred income taxes 9 (10)
Allowance for equity funds used during construction (1) (1)
Changes in operating assets and liabilities:    
Accounts receivable 4 (7)
Accrued unbilled revenues 10 11
Inventories 2 3
Other current assets 6 5
Accounts payable (9) (13)
Net regulatory assets and liabilities (47) 4
Other current liabilities (3) (3)
Pension and other employee benefit obligations (5) (7)
Other, net 1 1
Net cash provided by operating activities 36 56
Investing activities    
Capital/construction expenditures (51) (63)
Net cash used in investing activities (51) (63)
Financing activities    
Proceeds from short-term borrowings, net 7 11
Borrowings under utility money pool arrangement (56) 0
Repayments under utility money pool arrangement 43 0
Capital contributions from parent 39 12
Dividends paid to parent (20) (15)
Other, net 2 0
Net cash provided by financing activities 15 8
Net change in cash, cash equivalents and restricted cash 0 1
Cash, cash equivalents and restricted cash at beginning of period 2 1
Cash, cash equivalents and restricted cash at end of period 2 2
Supplemental disclosure of cash flow information:    
Cash paid for interest (net of amounts capitalized) (10) (11)
Cash paid for income taxes, net (1) (2)
Supplemental disclosure of non-cash investing and financing transactions:    
Accrued property, plant and equipment additions 14 16
Inventory transfers to property, plant and equipment 1 1
Allowance for equity funds used during construction $ 1 $ 1