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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities      
Net income $ 136 $ 125 $ 108
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 173 159 148
Deferred income taxes (12) (2) 9
Allowance for equity funds used during construction (10) (7) (5)
Provision for bad debts 4 4 4
Changes in operating assets and liabilities:      
Accounts receivable (4) (13) (5)
Accrued unbilled revenues 11 (5) (16)
Inventories (6) (14) (12)
Other current assets 21 (20) (4)
Accounts payable (6) 5 8
Net regulatory assets and liabilities 44 18 (41)
Other current liabilities 2 16 2
Pension and other employee benefit obligations 0 (4) (9)
Other, net 4 (5) (1)
Net cash provided by operating activities 357 257 186
Investing activities      
Capital/construction expenditures (456) (353) (264)
Investments In Utility Money Pool Arrangement (153) (100) (71)
Repayments From Utility Money Pool Arrangement 153 100 71
Net cash used in investing activities (456) (353) (264)
Financing activities      
Proceeds from (repayments of) short-term borrowings, net 13 (35) 64
Borrowings under money pool arrangement 163 591 358
Repayments under money pool arrangement (163) (591) (358)
Proceeds from issuance of long-term debt 124 99 99
Repayments of long-term debt 0 0 (19)
Capital contributions from parent 75 114 46
Dividends paid to parent (109) (91) (103)
Net cash provided by financing activities 103 87 87
Net change in cash, cash equivalents and restricted cash 4 (9) 9
Cash, cash equivalents and restricted cash at beginning of period 2 11 2
Cash, cash equivalents and restricted cash at end of period 6 2 11
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of amounts capitalized) (47) (39) (38)
Cash paid for income taxes, net (40) (32) (22)
Other Noncash Investing and Financing Items [Abstract]      
Supplemental disclosure of non-cash investing and financing transactions: 31 54 43
Inventory transfers to plant, property and equipment 17 1 1
Allowance for Funds Used During Construction, Investing Activities $ 10 $ 7 $ 5