XML 25 R39.htm IDEA: XBRL DOCUMENT v2.4.0.8
Guarantees of Debt (Tables) (Power [Member])
 9 Months Ended
Sep. 30, 2014
Power [Member]
  
Schedule Of Financial Statements Of Guarantors
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Consolidated
 
 
 
Millions
 
 
Three Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
1,125

 
$
36

 
$
(23
)
 
$
1,138

 
 
Operating Expenses
3

 
772

 
32

 
(22
)
 
785

 
 
Operating Income (Loss)
(3
)
 
353

 
4

 
(1
)
 
353

 
 
Equity Earnings (Losses) of Subsidiaries
225

 
(1
)
 
4

 
(224
)
 
4

 
 
Other Income
9

 
55

 
—

 
(8
)
 
56

 
 
Other Deductions
(3
)
 
(4
)
 
—

 
1

 
(6
)
 
 
Other-Than-Temporary Impairments
—

 
(10
)
 
—

 
—

 
(10
)
 
 
Interest Expense
(24
)
 
(10
)
 
(4
)
 
7

 
(31
)
 
 
Income Tax Benefit (Expense)
18

 
(161
)
 
(1
)
 
—

 
(144
)
 
 
Net Income (Loss)
$
222

 
$
222

 
$
3

 
$
(225
)
 
$
222

 
 
Comprehensive Income (Loss)
$
195

 
$
191

 
$
3

 
$
(194
)
 
$
195

 
 
Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
3,781

 
$
118

 
$
(75
)
 
$
3,824

 
 
Operating Expenses
12

 
3,079

 
106

 
(75
)
 
3,122

 
 
Operating Income (Loss)
(12
)
 
702

 
12

 
—

 
702

 
 
Equity Earnings (Losses) of Subsidiaries
459

 
(4
)
 
11

 
(455
)
 
11

 
 
Other Income
25

 
135

 
—

 
(25
)
 
135

 
 
Other Deductions
(7
)
 
(18
)
 
—

 
—

 
(25
)
 
 
Other-Than-Temporary Impairments
—

 
(14
)
 
—

 
—

 
(14
)
 
 
Interest Expense
(79
)
 
(23
)
 
(14
)
 
24

 
(92
)
 
 
Income Tax Benefit (Expense)
54

 
(329
)
 
(2
)
 
—

 
(277
)
 
 
Net Income (Loss)
$
440

 
$
449

 
$
7

 
$
(456
)
 
$
440

 
 
Comprehensive Income (Loss)
$
432

 
$
433

 
$
7

 
$
(440
)
 
$
432

 
 
Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Net Cash Provided By (Used In)
   Operating Activities
$
471

 
$
1,252

 
$
53

 
$
(666
)
 
$
1,110

 
 
Net Cash Provided By (Used In)
   Investing Activities
$
187

 
$
(559
)
 
$
(24
)
 
$
70

 
$
(326
)
 
 
Net Cash Provided By (Used In)
   Financing Activities
$
(652
)
 
$
(693
)
 
$
(29
)
 
$
596

 
$
(778
)
 
 
 
 
 
 
 
 
 
 
 
 
 








 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Consolidated
 
 
 
Millions
 
 
Three Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
1,163

 
$
71

 
$
(60
)
 
$
1,174

 
 
Operating Expenses
2

 
797

 
66

 
(61
)
 
804

 
 
Operating Income (Loss)
(2
)
 
366

 
5

 
1

 
370

 
 
Equity Earnings (Losses) of Subsidiaries
231

 
(1
)
 
4

 
(230
)
 
4

 
 
Other Income
8

 
47

 
—

 
(10
)
 
45

 
 
Other Deductions
1

 
(11
)
 
—

 
(1
)
 
(11
)
 
 
Other-Than-Temporary
   Impairments
—

 
(3
)
 
—

 
—

 
(3
)
 
 
Interest Expense
(19
)
 
(13
)
 
(4
)
 
10

 
(26
)
 
 
Income Tax Benefit (Expense)
7

 
(160
)
 
—

 
—

 
(153
)
 
 
Net Income (Loss)
$
226

 
$
225

 
$
5

 
$
(230
)
 
$
226

 
 
Comprehensive Income (Loss)
$
250

 
$
242

 
$
5

 
$
(247
)
 
$
250

 
 
Nine Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
3,787

 
$
145

 
$
(114
)
 
$
3,818

 
 
Operating Expenses
6

 
2,832

 
131

 
(114
)
 
2,855

 
 
Operating Income (Loss)
(6
)
 
955

 
14

 
—

 
963

 
 
Equity Earnings (Losses) of Subsidiaries
603

 
(3
)
 
12

 
(600
)
 
12

 
 
Other Income
27

 
130

 
—

 
(30
)
 
127

 
 
Other Deductions
(9
)
 
(40
)
 
—

 
—

 
(49
)
 
 
Other-Than-Temporary
   Impairments
—

 
(7
)
 
—

 
—

 
(7
)
 
 
Interest Expense
(72
)
 
(29
)
 
(14
)
 
30

 
(85
)
 
 
Income Tax Benefit (Expense)
34

 
(419
)
 
1

 
—

 
(384
)
 
 
Net Income (Loss)
$
577

 
$
587

 
$
13

 
$
(600
)
 
$
577

 
 
Comprehensive Income (Loss)
$
626

 
$
612

 
$
13

 
$
(625
)
 
$
626

 
 
Nine Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
Net Cash Provided By (Used In)
   Operating Activities
$
425

 
$
1,360

 
$
35

 
$
(506
)
 
$
1,314

 
 
Net Cash Provided By (Used In)
   Investing Activities
$
40

 
$
(869
)
 
$
(40
)
 
$
540

 
$
(329
)
 
 
Net Cash Provided By (Used In)
   Financing Activities
$
(461
)
 
$
(492
)
 
$
5

 
$
(35
)
 
$
(983
)
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Consolidated
 
 
 
Millions
 
 
As of September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
Current Assets
$
4,163

 
$
1,891

 
$
111

 
$
(4,035
)
 
$
2,130

 
 
Property, Plant and Equipment, net
81

 
6,140

 
1,163

 
—

 
7,384

 
 
Investment in Subsidiaries
4,358

 
120

 
—

 
(4,478
)
 
—

 
 
Noncurrent Assets
293

 
1,901

 
139

 
(97
)
 
2,236

 
 
Total Assets
$
8,895

 
$
10,052

 
$
1,413

 
$
(8,610
)
 
$
11,750

 
 
Current Liabilities
$
518

 
$
3,510

 
$
754

 
$
(4,035
)
 
$
747

 
 
Noncurrent Liabilities
319

 
2,379

 
344

 
(97
)
 
2,945

 
 
Long-Term Debt
2,543

 
—

 
—

 
—

 
2,543

 
 
Member's Equity
5,515

 
4,163

 
315

 
(4,478
)
 
5,515

 
 
Total Liabilities and Member's Equity
$
8,895

 
$
10,052

 
$
1,413

 
$
(8,610
)
 
$
11,750

 
 
As of December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Current Assets
$
4,413

 
$
2,076

 
$
102

 
$
(4,115
)
 
$
2,476

 
 
Property, Plant and Equipment, net
81

 
6,108

 
1,178

 
—

 
7,367

 
 
Investment in Subsidiaries
4,645

 
124

 
—

 
(4,769
)
 
—

 
 
Noncurrent Assets
222

 
1,847

 
138

 
(48
)
 
2,159

 
 
Total Assets
$
9,361

 
$
10,155

 
$
1,418

 
$
(8,932
)
 
$
12,002

 
 
Current Liabilities
$
697

 
$
3,474

 
$
745

 
$
(4,116
)
 
$
800

 
 
Noncurrent Liabilities
309

 
2,247

 
338

 
(47
)
 
2,847

 
 
Long-Term Debt
2,497

 
—

 
—

 
—

 
2,497

 
 
Member's Equity
5,858

 
4,434

 
335

 
(4,769
)
 
5,858

 
 
Total Liabilities and Member's Equity
$
9,361

 
$
10,155

 
$
1,418

 
$
(8,932
)
 
$
12,002

 
 
 
 
 
 
 
 
 
 
 
 
 
Immaterial Correction of Prior Financial Information
The financial information included in the tables above has been corrected from the disclosure provided in Power's Form 10-Q filed on October 30, 2013 and Form 10-K filed on February 26, 2014 (2013 10-K) to conform to the requirements of Section 210.3-10 of SEC Regulation S-X.
In the prior disclosure, Operating Revenues and Operating Expenses among the Guarantor Subsidiaries were eliminated in the Consolidating Adjustments column. The revised presentation eliminates this activity in the Guarantor Subsidiaries column and removes such activity from the Consolidating Adjustments column. This revised presentation decreased both Operating Revenues and Operating Expenses in both the Guarantor Subsidiaries and Consolidating Adjustments columns. This correction had no impact on Power’s consolidated Operating Revenues and Operating Expenses.
In the prior disclosure, loans payable by Power parent company to one of its guarantor subsidiaries were netted against loans receivable in net cash flows used in investing activities. The revised presentation reclassifies the increase in loans payable by the parent company to the guarantor subsidiary from net cash flows used in investing activities to net cash flows provided by financing activities. This revised presentation decreased net cash flows used in investing activities and increased net cash flows provided by financing activities in the Power column with corresponding offsets to the amounts in the Consolidating Adjustments Column.
In addition, the revised information was corrected to present the intercompany balances on a net basis when the right of offset exists in either Current Assets or Current Liabilities. This revised presentation resulted in increases (decreases) to certain categories of the condensed consolidated balance sheet.

The following three tables include corrected data for these aforementioned adjustments to the information previously filed in Power's Form 10-Q dated May 1, 2014 or 2013 10-K.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Consolidated
 
 
 
Millions
 
 
Three Months Ended March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
1,684

 
$
40

 
$
(24
)
 
$
1,700

 
 
Operating Expenses
4

 
1,404

 
34

 
(24
)
 
1,418

 
 
Operating Income (Loss)
(4
)
 
280

 
6

 
—

 
282

 
 
Equity Earnings (Losses) of Subsidiaries
177

 
—

 
4

 
(177
)
 
4

 
 
Other Income
8

 
33

 
—

 
(8
)
 
33

 
 
Other Deductions
(4
)
 
(6
)
 
—

 
—

 
(10
)
 
 
Other-Than-Temporary Impairments
—

 
(2
)
 
—

 
—

 
(2
)
 
 
Interest Expense
(28
)
 
(7
)
 
(5
)
 
8

 
(32
)
 
 
Income Tax Benefit (Expense)
15

 
(125
)
 
(1
)
 
—

 
(111
)
 
 
Net Income (Loss)
$
164

 
$
173

 
$
4

 
$
(177
)
 
$
164

 
 
Comprehensive Income (Loss)
$
170

 
$
176

 
$
4

 
$
(180
)
 
$
170

 
 
Three Months Ended March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
Net Cash Provided By (Used In)
   Operating Activities
$
291

 
$
603

 
$
1

 
$
(221
)
 
$
674

 
 
Net Cash Provided By (Used In)
   Investing Activities
$
(122
)
 
$
(315
)
 
$
—

 
$
142

 
$
(295
)
 
 
Net Cash Provided By (Used In)
   Financing Activities
$
(166
)
 
$
(287
)
 
$
(1
)
 
$
79

 
$
(375
)
 
 
Three Months Ended March 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
1,441

 
$
37

 
$
(27
)
 
$
1,451

 
 
Operating Expenses
2

 
1,200

 
33

 
(26
)
 
1,209

 
 
Operating Income (Loss)
(2
)
 
241

 
4

 
(1
)
 
242

 
 
Equity Earnings (Losses) of Subsidiaries
153

 
—

 
3

 
(153
)
 
3

 
 
Other Income
9

 
48

 
—

 
(10
)
 
47

 
 
Other Deductions
(8
)
 
(20
)
 
—

 
—

 
(28
)
 
 
Other-Than-Temporary Impairments
—

 
(2
)
 
—

 
—

 
(2
)
 
 
Interest Expense
(27
)
 
(10
)
 
(4
)
 
11

 
(30
)
 
 
Income Tax Benefit (Expense)
16

 
(108
)
 
1

 
—

 
(91
)
 
 
Net Income (Loss)
$
141

 
$
149

 
$
4

 
$
(153
)
 
$
141

 
 
Comprehensive Income (Loss)
$
173

 
$
172

 
$
4

 
$
(176
)
 
$
173

 
 
Three Months Ended March 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Net Cash Provided By (Used In)
   Operating Activities
$
189

 
$
574

 
$
1

 
$
(189
)
 
$
575

 
 
Net Cash Provided By (Used In)
   Investing Activities
$
(213
)
 
$
(353
)
 
$
(8
)
 
$
245

 
$
(329
)
 
 
Net Cash Provided By (Used In)
   Financing Activities
$
24

 
$
(221
)
 
$
7

 
$
(57
)
 
$
(247
)
 
 
As of March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
Current Assets
$
4,436

 
$
2,097

 
$
107

 
$
(4,341
)
 
$
2,299

 
 
Property, Plant and Equipment, net
81

 
6,082

 
1,172

 
—

 
7,335

 
 
Investment in Subsidiaries
4,570

 
122

 
—

 
(4,692
)
 
—

 
 
Noncurrent Assets
301

 
1,832

 
138

 
(117
)
 
2,154

 
 
Total Assets
$
9,388

 
$
10,133

 
$
1,417

 
$
(9,150
)
 
$
11,788

 
 
Current Liabilities
$
930

 
$
3,450

 
$
741

 
$
(4,340
)
 
$
781

 
 
Noncurrent Liabilities
308

 
2,323

 
344

 
(118
)
 
2,857

 
 
Long-Term Debt
2,497

 
—

 
—

 
—

 
2,497

 
 
Member's Equity
5,653

 
4,360

 
332

 
(4,692
)
 
5,653

 
 
Total Liabilities and Member's Equity
$
9,388

 
$
10,133

 
$
1,417

 
$
(9,150
)
 
$
11,788

 
 
 
 
 
 
 
 
 
 
 
 
 


 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Total
 
 
 
Millions
 
 
Year Ended December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
5,022

 
$
190

 
$
(149
)
 
$
5,063

 
 
Operating Expenses
23

 
3,945

 
174

 
(149
)
 
3,993

 
 
Operating Income (Loss)
(23
)
 
1,077

 
16

 
—

 
1,070

 
 
Equity Earnings (Losses) of Subsidiaries
684

 
(5
)
 
16

 
(679
)
 
16

 
 
Other Income
35

 
157

 
—

 
(38
)
 
154

 
 
Other Deductions
(14
)
 
(35
)
 
—

 
—

 
(49
)
 
 
Other-Than-Temporary Impairments
—

 
(12
)
 
—

 
—

 
(12
)
 
 
Interest Expense
(93
)
 
(42
)
 
(19
)
 
38

 
(116
)
 
 
Income Tax Benefit (Expense)
55

 
(474
)
 
—

 
—

 
(419
)
 
 
Net Income (Loss)
$
644

 
$
666

 
$
13

 
$
(679
)
 
$
644

 
 
  Comprehensive Income (Loss)
$
909

 
$
713

 
$
11

 
$
(724
)
 
$
909

 
 
Year Ended December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Net Cash Provided By (Used In) Operating Activities
$
288

 
$
1,503

 
$
82

 
$
(526
)
 
$
1,347

 
 
Net Cash Provided By (Used In) Investing Activities
$
(395
)
 
$
(1,092
)
 
$
(71
)
 
$
697

 
$
(861
)
 
 
Net Cash Provided By (Used In) Financing Activities
$
107

 
$
(412
)
 
$
(11
)
 
$
(171
)
 
$
(487
)
 
 
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
4,850

 
$
135

 
$
(112
)
 
$
4,873

 
 
Operating Expenses
7

 
3,730

 
125

 
(112
)
 
3,750

 
 
Operating Income (Loss)
(7
)
 
1,120

 
10

 
—

 
1,123

 
 
Equity Earnings (Losses) of Subsidiaries
707

 
(10
)
 
15

 
(697
)
 
15

 
 
Other Income
45

 
206

 
2

 
(52
)
 
201

 
 
Other Deductions
(31
)
 
(59
)
 
—

 
—

 
(90
)
 
 
Other-Than-Temporary Impairments
—

 
(18
)
 
—

 
—

 
(18
)
 
 
Interest Expense
(118
)
 
(51
)
 
(16
)
 
53

 
(132
)
 
 
Income Tax Benefit (Expense)
70

 
(501
)
 
(2
)
 
—

 
(433
)
 
 
Net Income (Loss)
$
666

 
$
687

 
$
9

 
$
(696
)
 
$
666

 
 
  Comprehensive Income (Loss)
$
614

 
$
681

 
$
9

 
$
(690
)
 
$
614

 
 
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
Net Cash Provided By (Used In) Operating Activities
$
298

 
$
1,562

 
$
67

 
$
(474
)
 
$
1,453

 
 
Net Cash Provided By (Used In) Investing Activities
$
(14
)
 
$
(1,206
)
 
$
(151
)
 
$
899

 
$
(472
)
 
 
Net Cash Provided By (Used In) Financing Activities
$
(284
)
 
$
(361
)
 
$
83

 
$
(424
)
 
$
(986
)
 
 
As of December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
Current Assets
$
4,255

 
$
1,898

 
$
104

 
$
(4,021
)
 
$
2,236

 
 
Property, Plant and Equipment, net
80

 
5,988

 
1,154

 
—

 
7,222

 
 
Investment in Subsidiaries
4,508

 
128

 
—

 
(4,636
)
 
—

 
 
Noncurrent Assets
201

 
1,660

 
145

 
(141
)
 
1,865

 
 
Total Assets
$
9,044

 
$
9,674

 
$
1,403

 
$
(8,798
)
 
$
11,323

 
 
Current Liabilities
$
815

 
$
3,396

 
$
778

 
$
(4,021
)
 
$
968

 
 
Noncurrent Liabilities
559

 
1,960

 
306

 
(140
)
 
2,685

 
 
Long-Term Debt
2,040

 
—

 
—

 
—

 
2,040

 
 
Member’s Equity
5,630

 
4,318

 
319

 
(4,637
)
 
5,630

 
 
Total Liabilities and Member’s Equity
$
9,044

 
$
9,674

 
$
1,403

 
$
(8,798
)
 
$
11,323

 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Total
 
 
 
Millions
 
 
Year Ended December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
6,139

 
$
155

 
$
(144
)
 
$
6,150

 
 
Operating Expenses
5

 
4,360

 
157

 
(145
)
 
4,377

 
 
Operating Income (Loss)
(5
)
 
1,779

 
(2
)
 
1

 
1,773

 
 
Equity Earnings (Losses) of Subsidiaries
1,186

 
92

 
14

 
(1,278
)
 
14

 
 
Other Income
40

 
195

 
—

 
(45
)
 
190

 
 
Other Deductions
(28
)
 
(51
)
 
—

 
—

 
(79
)
 
 
Other-Than-Temporary Impairments
(1
)
 
(19
)
 
—

 
—

 
(20
)
 
 
Interest Expense
(146
)
 
(56
)
 
(18
)
 
45

 
(175
)
 
 
Income Tax Benefit (Expense)
63

 
(762
)
 
9

 
—

 
(690
)
 
 
Income (Loss) on Discontinued Operations, net of Tax Benefit
—

 
—

 
97

 
(1
)
 
96

 
 
Net Income (Loss)
$
1,109

 
$
1,178

 
$
100

 
$
(1,278
)
 
$
1,109

 
 
  Comprehensive Income (Loss)
$
928

 
$
1,055

 
$
100

 
$
(1,155
)
 
$
928

 
 
Year Ended December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
Net Cash Provided By (Used In) Operating Activities
$
609

 
$
2,427

 
$
(279
)
 
$
(940
)
 
$
1,817

 
 
Net Cash Provided By (Used In) Investing Activities
$
(268
)
 
$
(1,171
)
 
$
594

 
$
267

 
$
(578
)
 
 
Net Cash Provided By (Used In) Financing Activities
$
(341
)
 
$
(1,256
)
 
$
(314
)
 
$
673

 
$
(1,238
)
 
 
 
 
 
 
 
 
 
 
 
 
 




















The following two tables summarize the adjustments for all prior periods that have been revised in this Note.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Consolidated
 
 
 
Increase (Decrease)
 
 
 
Millions
 
 
Three Months Ended March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
(393
)
 
$
—

 
$
393

 
$
—

 
 
Operating Expenses
$
—

 
$
(393
)
 
$
—

 
$
393

 
$
—

 
 
Net Cash Provided By (Used In) Investing Activities
$
(209
)
 
$
—

 
$
—

 
$
209

 
$
—

 
 
Net Cash Provided By (Used In) Financing Activities
$
209

 
$
—

 
$
—

 
$
(209
)
 
$
—

 
 
Three Months Ended March 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
(362
)
 
$
—

 
$
362

 
$
—

 
 
Operating Expenses
$
—

 
$
(362
)
 
$
—

 
$
362

 
$
—

 
 
Net Cash Provided By (Used In) Investing Activities
$
(269
)
 
$
—

 
$
—

 
$
269

 
$
—

 
 
Net Cash Provided By (Used In) Financing Activities
$
269

 
$
—

 
$
—

 
$
(269
)
 
$
—

 
 
As of March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
Current Assets
$
327

 
$
(7,048
)
 
$
(844
)
 
$
7,565

 
$
—

 
 
Investment in Subsidiaries
—

 
(605
)
 
—

 
605

 
—

 
 
Total Assets
$
327

 
$
(7,653
)
 
$
(844
)
 
$
8,170

 
$
—

 
 
Current Liabilities
$
327

 
$
(7,653
)
 
$
(239
)
 
$
7,565

 
$
—

 
 
Member's Equity
—

 
—

 
(605
)
 
605

 
—

 
 
Total Liabilities and Member's Equity
$
327

 
$
(7,653
)
 
$
(844
)
 
$
8,170

 
$
—

 
 
Three Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
(348
)
 
$
—

 
$
348

 
$
—

 
 
Operating Expenses
$
—

 
$
(348
)
 
$
—

 
$
348

 
$
—

 
 
Nine Months Ended September 30, 2013
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
(1,062
)
 
$
—

 
$
1,062

 
$
—

 
 
Operating Expenses
$
—

 
$
(1,062
)
 
$
—

 
$
1,062

 
$
—

 
 
Net Cash Provided By (Used In) Investing Activities
$
(520
)
 
$
—

 
$
—

 
$
520

 
$
—

 
 
Net Cash Provided By (Used In) Financing Activities
$
520

 
$
—

 
$
—

 
$
(520
)
 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 











 
 
 
 
 
 
 
 
 
 
 
 
 
 
Power
 
Guarantor
Subsidiaries
 
Other
Subsidiaries
 
Consolidating
Adjustments
 
Consolidated
 
 
 
Increase (Decrease)
 
 
 
Millions
 
 
Year Ended December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
(1,468
)
 
$
—

 
$
1,468

 
$
—

 
 
Operating Expenses
$
—

 
$
(1,468
)
 
$
—

 
$
1,468

 
$
—

 
 
Net Cash Provided By (Used In) Investing Activities
$
(588
)
 
$
—

 
$
—

 
$
588

 
$
—

 
 
Net Cash Provided By (Used In) Financing Activities
$
588

 
$
—

 
$
—

 
$
(588
)
 
$
—

 
 
As of December 31, 2013
 
 
 
 
 
 
 
 
 
 
 
Current Assets
$
253

 
$
(6,840
)
 
$
(842
)
 
$
7,429

 
$
—

 
 
Investment in Subsidiaries
—

 
(605
)
 
—

 
605

 
—

 
 
Total Assets
$
253

 
$
(7,445
)
 
$
(842
)
 
$
8,034

 
$
—

 
 
Current Liabilities
253

 
$
(7,445
)
 
$
(237
)
 
$
7,429

 
$
—

 
 
Member's Equity
—

 
—

 
(605
)
 
605

 
—

 
 
Total Liabilities and Member's Equity
$
253

 
$
(7,445
)
 
$
(842
)
 
$
8,034

 
$
—

 
 
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
(1,388
)
 
$
—

 
$
1,388

 
$
—

 
 
Operating Expenses
$
—

 
$
(1,388
)
 
$
—

 
$
1,388

 
$
—

 
 
Net Cash Provided By (Used In) Investing Activities
$
(729
)
 
$
—

 
$
—

 
$
729

 
$
—

 
 
Net Cash Provided By (Used In) Financing Activities
$
679

 
$
—

 
$
—

 
$
(679
)
 
$
—

 
 
As of December 31, 2012
 
 
 
 
 
 
 
 
 
 
 
Current Assets
$
333

 
$
(6,186
)
 
$
(838
)
 
$
6,691

 
$
—

 
 
Investment in Subsidiaries
—

 
(605
)
 
—

 
605

 
—

 
 
Total Assets
$
333

 
$
(6,791
)
 
$
(838
)
 
$
7,296

 
$
—

 
 
Current Liabilities
$
333

 
$
(6,791
)
 
$
(233
)
 
$
6,691

 
$
—

 
 
Member's Equity
—

 
—

 
(605
)
 
605

 
—

 
 
Total Liabilities and Member's Equity
$
333

 
$
(6,791
)
 
$
(838
)
 
$
7,296

 
$
—

 
 
Year Ended December 31, 2011
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
$
—

 
$
(1,313
)
 
$
—

 
$
1,313

 
$
—

 
 
Operating Expenses
$
—

 
$
(1,313
)
 
$
—

 
$
1,313

 
$
—

 
 
Net Cash Provided By (Used In)
   Investing Activities
$
(864
)
 
$
—

 
$
—

 
$
864

 
$
—

 
 
Net Cash Provided By (Used In)
   Financing Activities
$
869

 
$
—

 
$
—

 
$
(869
)
 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
These corrections to the presentation had no impact to Power’s condensed consolidated financial statements. These corrections to the presentation had no impact on any liquidity measures of Power. There was no impact to Power's loan covenants as a result of these corrections. Management believes these corrections are immaterial.