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Year Ended December 31,
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Three Months Ended
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2021
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2020
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2019
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March 31, 2022
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($ in millions)
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($ in millions)
(unaudited) |
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Income Statement Data | | | | | | | | | | | | | | | | | | | | | | | | | |
Operating revenues
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| | | $ | 3,198 | | | | | $ | 3,058 | | | | | $ | 3,100 | | | | | $ | 1,047 | | |
Operating income
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| | | | 651 | | | | | | 546 | | | | | | 713 | | | | | | 254 | | |
Net income
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| | | | 504 | | | | | | 447 | | | | | | 528 | | | | | | 206 | | |
Cash Flow Data | | | | | | | | | | | | | | | | | | | | | | | | | |
Capital expenditures(a)
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| | | | (1,240) | | | | | | (1,147) | | | | | | (939) | | | | | | (344) | | |
Net cash flows provided by operating activities
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| | | | 773 | | | | | | 777 | | | | | | 751 | | | | | | 141 | | |
Net cash flows used in investing activities
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| | | | (1,231) | | | | | | (1,072) | | | | | | (1,008) | | | | | | (342) | | |
Net cash flows provided by financing activities
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| | | | 476 | | | | | | 294 | | | | | | 149 | | | | | | 191 | | |
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As of December 31,
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As of March 31,
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2021
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2020
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2019
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2022
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($ in millions)
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($ in millions)
(unaudited) |
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Balance Sheet Data | | | | | | | | | | | | | | | | | | | | | | | | | |
Property, plant and equipment, net
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| | | $ | 11,117 | | | | | $ | 10,181 | | | | | $ | 9,292 | | | | | $ | 11,334 | | |
Regulatory assets, including current portion
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| | | | 991 | | | | | | 801 | | | | | | 595 | | | | | | 1,057 | | |
Total assets
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| | | | 13,824 | | | | | | 12,531 | | | | | | 11,469 | | | | | | 14,113 | | |
Long-term debt, including due within one year
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| | | | 4,197 | | | | | | 3,753 | | | | | | 3,405 | | | | | | 4,198 | | |
Long-term debt to financing trusts(b)
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| | | | 184 | | | | | | 184 | | | | | | 184 | | | | | | 184 | | |
Total liabilities
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| | | | 8,712 | | | | | | 7,998 | | | | | | 7,291 | | | | | | 8,668 | | |
Total shareholder’s equity
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| | | | 5,112 | | | | | | 4,533 | | | | | | 4,178 | | | | | | 5,445 | | |
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As of March 31, 2022
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Actual
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As Adjusted
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($ in millions)
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Long-term debt, including due within one year
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| | | $ | 4,198 | | | | | $ | | | |
Long-term debt to financing trusts
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| | | | 184 | | | | | | 184 | | |
Total shareholders’ equity
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| | | | 5,445 | | | | | | 5,445 | | |
Total capitalization
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| | | $ | 9,827 | | | | | $ | | | |
Underwriter
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Principal Amount
of Bonds |
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Credit Agricole Securities (USA) Inc.
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| | | $ | | | |
Goldman Sachs & Co. LLC
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Scotia Capital (USA) Inc
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MUFG Securities Americas Inc.
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PNC Capital Markets LLC
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Wells Fargo Securities, LLC
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Huntington Securities, Inc
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Siebert Williams Shank & Co., LLC
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Total
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| | | $ | | |
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