v3.25.2
CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - HOUSTON ELECTRIC - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net income $ 495 $ 578
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 733 749
Deferred income taxes 74 200
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net 214 188
Inventory 24 52
Accounts payable (330) (83)
Taxes receivable 70 (92)
Current regulatory assets and liabilities 72 (82)
Non-current regulatory assets and liabilities (106) (284)
Other operating activities, net (55) (34)
Net cash provided by operating activities 970 1,114
Cash Flows from Investing Activities:    
Capital expenditures (2,167) (1,657)
Other investing activities, net (36) 57
Net cash used in investing activities (1,341) (1,600)
Cash Flows from Financing Activities:    
Proceeds from long-term debt and term loans, net 735 1,596
Payments of long-term debt (1,030) (463)
Payment of debt issuance costs (12) (12)
Other financing activities, net (19) (28)
Net cash provided by financing activities 440 459
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 69 (27)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 30 109
Cash, Cash Equivalents and Restricted Cash at End of Period 99 82
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of capitalized interest 487 404
Cash paid (refunds received) for income taxes, net (5) (4)
Supplemental Disclosure of Non-cash Transactions    
Accounts payable related to capital expenditures 309 517
Houston Electric    
Cash Flows from Operating Activities:    
Net income 225 286
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 375 409
Deferred income taxes 20 18
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net (93) (108)
Accounts receivable/payable–affiliated companies (51) 11
Inventory 0 (6)
Accounts payable (135) 39
Taxes receivable (7) 38
Current regulatory assets and liabilities (2) 0
Other current assets and liabilities 11 (20)
Non-current regulatory assets and liabilities (208) (302)
Other non-current assets and liabilities (8) (7)
Other operating activities, net (10) (8)
Net cash provided by operating activities 117 350
Cash Flows from Investing Activities:    
Capital expenditures (1,308) (854)
Increase in notes receivable–affiliated companies 368 (49)
Other investing activities, net 59 51
Net cash used in investing activities (881) (852)
Cash Flows from Financing Activities:    
Proceeds from long-term debt and term loans, net 500 498
Payments of long-term debt 0 (80)
Increase in notes payable–affiliated companies 453 0
Payment of debt issuance costs (5) (4)
Dividends to parent (182) (155)
Contribution from parent 0 230
Other financing activities, net (1) (2)
Net cash provided by financing activities 765 487
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 1 (15)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period 14 89
Cash, Cash Equivalents and Restricted Cash at End of Period 15 74
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of capitalized interest 176 142
Cash paid (refunds received) for income taxes, net 29 25
Supplemental Disclosure of Non-cash Transactions    
Accounts payable related to capital expenditures $ 224 $ 432