XML 23 R5.htm IDEA: XBRL DOCUMENT v3.20.4
STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities      
Net Income (Loss) Attributable to Parent $ 295 $ 263 $ 213
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 298 232 210
Demand side management program amortization 0 0 2
Deferred income taxes 22 29 22
Allowance for equity funds used during construction (33) (27) (19)
Provision for bad debts 6 6 5
Changes in operating assets and liabilities:      
Accounts receivable (14) (9) (20)
Increase (Decrease) in Accrued Unbilled Revenues 0 (1) 15
Inventories (35) (21) (16)
Prepayments and other (14) 3 1
Accounts payable 8 (9) (7)
Net regulatory assets and liabilities (115) 14 38
Other current liabilities 13 6 12
Pension and other employee benefit obligations (16) (18) (16)
Other, net (1) 5 6
Net cash provided by operating activities 414 473 446
Investing activities      
Utility capital/construction expenditures (1,142) (844) (1,021)
Investments in utility money pool arrangement (4) (133) (285)
Receipts from utility money pool arrangement 4 133 350
Net cash used in investing activities (1,142) (844) (956)
Financing activities      
Proceeds from (repayments of) short-term borrowings, net 250 (42) 42
Proceeds from issuance of long-term debt 343 292 295
Borrowings under utility money pool arrangement 561 296 595
Repayments under utility money pool arrangement (561) (296) (595)
Capital contributions from parent 438 426 337
Dividends paid to parent (313) (333) (131)
Net cash provided by financing activities 718 343 543
Net change in cash and cash equivalents (10) (28) 33
Cash and cash equivalents at beginning of period 16 44 11
Cash and cash equivalents at end of period 6 16 44
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of amounts capitalized) (98) (84) (71)
Cash paid for income taxes, net 10 12 (11)
Supplemental disclosure of non-cash investing transactions:      
Accrued property, plant and equipment additions 99 95 72
Inventory transfers to plant, property and equipment 31 23 23
Operating lease right-of-use assets 0 548 0
Allowance for Funds Used During Construction, Investing Activities $ 33 $ 27 $ 19