XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating Activities    
Net income $ 178 $ 233
Adjustments to reconcile net income to net cash provided by operating activities:    
Impairment of assets and other charges 0 4
Deferred income taxes, net 17 102
Depreciation and amortization 260 251
Amortization of nuclear fuel 14 19
Gains on sale of assets (31) (16)
Other adjustments 4 4
Changes in certain assets and liabilities:    
Receivables 73 (29)
Receivables - affiliated and related party 2 13
Inventories (9) (30)
Prepayments (38) (23)
Regulatory assets 109 (178)
Regulatory liabilities (209) 36
Accounts payable (73) 66
Accounts payable - affiliated and related party (14) 63
Taxes accrued (107) (99)
Interest accrued (1) (1)
Pension and other postretirement benefits 0 (6)
Other assets and liabilities 89 (196)
Net cash provided by operating activities 264 213
Investing Activities    
Property additions and construction expenditures (487) (346)
Proceeds from investments and sales of assets (14) 9
Purchase of investments (4) (1)
Other 3 1
Net cash used in investing activities (502) (337)
Financing Activities    
Dividend to parent (100) (218)
Short-term borrowings, net 54 190
Short-term borrowings - affiliated, net 275 146
Other (1) (2)
Net cash provided by financing activities 228 116
Net decrease in cash, restricted cash and equivalents (10) (8)
Cash, restricted cash and equivalents at beginning of period [1] 11 54
Cash, restricted cash and equivalents at end of period [1] 1 46
Significant noncash investing and financing activities:    
Accrued construction expenditures [2] 29 98
Operating leases [2] $ 0 $ 3
[1] Includes $24 million of restricted cash at December 31, 2021, recorded within other current assets on the Consolidated Balance Sheets. At June 30, 2023, June 30, 2022 and December 31, 2022 there were no restricted cash and equivalent balances.
[2] See Note 10 for noncash investing activities related to the transfer of property associated with the settlement of litigation.