v3.25.2
CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) - 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
Loss on sale 43 0
Loss (gain) on equity securities (122) 64
Loss (gain) on indexed debt securities 121 (67)
Pension contributions (87) (3)
Changes in other assets and liabilities:    
Accounts receivable and unbilled revenues, net 214 188
Inventory 24 52
Taxes receivable 70 (92)
Accounts payable (330) (83)
Current regulatory assets and liabilities 72 (82)
Other current assets and liabilities (275) (93)
Non-current regulatory assets and liabilities (106) (284)
Other non-current assets and liabilities 99 21
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)
Payment for asset acquisition (357) 0
Proceeds from divestiture 1,219 0
Other investing activities, net (36) 57
Net cash used in investing activities (1,341) (1,600)
Cash Flows from Financing Activities:    
Decrease in short-term borrowings, net (3) (4)
Proceeds from (payment of) commercial paper, net 1,056 (623)
Proceeds from long-term debt and term loans, net 735 1,596
Payments of long-term debt and term loans, including make-whole premiums (1,030) (463)
Payment of debt issuance costs (12) (12)
Payment of dividends on Common Stock (287) (254)
Proceeds from issuance of Common Stock, net 0 247
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
Income tax payments (refunds), net (5) (4)
Supplemental Disclosure of Non-cash Transactions    
Accounts payable related to capital expenditures 309 517
ROU assets obtained in exchange for lease liabilities $ 0 $ 5