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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 60 $ 96
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 99 103
Deferred income taxes 4 (1)
Pension and other postretirement benefits 3 6
Allowance for equity funds used during construction (3) (4)
Decoupling mechanism deferrals, net of amortization (1) 3
Deferral of incremental storm costs (2) (41)
increase (decrease) in cash flow from Deferral of incremental wildfire costs (7) (7)
Other non-cash income and expenses, net 39 20
Changes in working capital:    
Decrease in accounts receivable, net 21 (2)
(Increase) in inventories 6 4
(Increase)/decrease in margin deposits 23 (1)
(Decrease) in accounts payable and accrued liabilities (44) 26
Increase (Decrease) in Other Accounts Payable and Accrued Liabilities 99 0
Other working capital items, net (27) (14)
Other, net (21) (20)
Net cash provided by operating activities 249 168
Cash flows from investing activities:    
Capital expenditures (167) (153)
Sales of Nuclear decommissioning trust securities 2 3
Purchases of Nuclear decommissioning trust securities (2) (3)
Proceeds from Sale of Property, Plant, and Equipment 12 0
Other, net 1 (9)
Net cash used in investing activities (154) (162)
Cash flows from financing activities:    
Payments on long-term debt 0 (140)
Borrowings on short-term debt 0 200
Repayments of Short-term Debt 0 (150)
Proceeds from failed sale-leaseback transactions 25 0
Dividends paid (38) (36)
Other (6) (2)
Net cash provided by (used in) financing activities (37) (128)
Increase (Decrease) in cash and cash equivalents 58 (122)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 110 135
Supplemental cash flow information is as follows:    
Cash paid for interest, net of amounts capitalized 18 16
Cash paid for income taxes, net 2 0
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability 29 0
Other $ (18) $ 0