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STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Net Income (Loss) Attributable to Parent $ 318 $ 295 $ 263
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 303 298 232
Deferred income taxes (47) 22 29
Allowance for equity funds used during construction (4) (33) (27)
Provision for bad debts 6 6 6
Changes in operating assets and liabilities:      
Accounts receivable (29) (14) (9)
Increase (Decrease) in Accrued Unbilled Revenues (10) 0 (1)
Inventories (21) (35) (21)
Prepayments and other 16 (14) 3
Accounts payable 4 8 (9)
Net regulatory assets and liabilities (154) (115) 14
Other current liabilities (1) 13 6
Pension and other employee benefit obligations (18) (16) (18)
Other, net (4) (1) 5
Net cash provided by operating activities 359 414 473
Investing activities      
Utility capital/construction expenditures (580) (1,142) (844)
Investments in utility money pool arrangement (83) (4) (133)
Receipts from utility money pool arrangement 83 4 133
Net cash used in investing activities (580) (1,142) (844)
Financing activities      
(Repayments of) proceeds from short-term borrowings, net (113) 250 (42)
Proceeds from issuance of long-term debt 247 343 292
Borrowings under utility money pool arrangement 539 561 296
Repayments under utility money pool arrangement (448) (561) (296)
Capital contributions from parent 301 438 426
Dividends paid to parent (310) (313) (333)
Net cash provided by financing activities 216 718 343
Net change in cash and cash equivalents (5) (10) (28)
Cash and cash equivalents at beginning of period 6 16 44
Cash and cash equivalents at end of period 1 6 16
Supplemental disclosure of cash flow information:      
Cash paid for interest (net of amounts capitalized) (108) (98) (84)
Cash paid for income taxes, net 21 10 12
Supplemental disclosure of non-cash investing transactions:      
Accrued property, plant and equipment additions 37 99 95
Inventory transfers to plant, property and equipment 6 31 23
Operating lease right-of-use assets 0 0 548
Allowance for Funds Used During Construction, Investing Activities $ 4 $ 33 $ 27