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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 1,172 $ 1,276
Less: Income from discontinued operations 43 146
Income from continuing operations 1,129 1,130
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation, decommissioning and amortization 1,515 1,312
Allowance for equity during construction (63) (45)
Impairment and other charges 0 228
Deferred income taxes and investment tax credits 202 303
Other (5) 14
EME insurance proceeds and settlement payments (176) (225)
Changes in operating assets and liabilities:    
Receivables (412) (369)
Inventory 10 (19)
Accounts payable 164 211
Prepaid and accrued taxes (18) 106
Other current assets and liabilities (572) (603)
Derivative assets and liabilities, net 25 (68)
Regulatory assets and liabilities, net 1,318 41
Nuclear decommissioning trusts (249) 100
Other noncurrent assets and liabilities (35) (89)
Net cash provided by operating activities 2,833 2,027
Cash flows from financing activities:    
Long-term debt issued or remarketed, net of discount and issuance costs 1,415 395
Long-term debt matured or repurchased (761) (405)
Preference stock issued, net 319 269
Preference stock redeemed (325) 0
Short-term debt financing, net (112) 1,138
Cash contribution from redeemable noncontrolling interest 17 0
Dividends to noncontrolling interests (91) (88)
Dividends paid (408) (347)
Other (28) (57)
Net cash (used in) provided by financing activities 26 905
Cash flows from investing activities:    
Capital expenditures (3,134) (2,856)
Proceeds from sale of nuclear decommissioning trust investments 12,915 5,846
Purchases of nuclear decommissioning trust investments (12,673) (5,951)
Other 35 25
Net cash used in investing activities (2,857) (2,936)
Net increase (decrease) in cash and cash equivalents 2 (4)
Cash and cash equivalents at beginning of period 132 146
Cash and cash equivalents at end of period 134 142
Southern California Edison    
Cash flows from operating activities:    
Net income 1,163 1,156
Income from continuing operations 1,163 1,156
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation, decommissioning and amortization 1,509 1,309
Allowance for equity during construction (63) (45)
Impairment and other charges 0 231
Deferred income taxes and investment tax credits (149) 324
Other 10 8
Changes in operating assets and liabilities:    
Receivables (436) (377)
Inventory 21 (9)
Accounts payable 192 234
Prepaid and accrued taxes 99 18
Other current assets and liabilities (558) (595)
Derivative assets and liabilities, net 25 (68)
Regulatory assets and liabilities, net 1,318 41
Nuclear decommissioning trusts (249) 100
Other noncurrent assets and liabilities 69 186
Net cash provided by operating activities 2,951 2,513
Cash flows from financing activities:    
Long-term debt issued or remarketed, net of discount and issuance costs 1,415 398
Long-term debt matured or repurchased (761) (405)
Preference stock issued, net 319 269
Preference stock redeemed (325) 0
Short-term debt financing, net (251) 502
Dividends paid (532) (340)
Other 39 (34)
Net cash (used in) provided by financing activities (96) 390
Cash flows from investing activities:    
Capital expenditures (3,121) (2,827)
Proceeds from sale of nuclear decommissioning trust investments 12,915 5,846
Purchases of nuclear decommissioning trust investments (12,673) (5,951)
Other 24 24
Net cash used in investing activities (2,855) (2,908)
Net increase (decrease) in cash and cash equivalents 0 (5)
Cash and cash equivalents at beginning of period 38 54
Cash and cash equivalents at end of period $ 38 $ 49